T-Mobile US (TMUS) shares jumped 6.2% on October 30, 2026, despite no company-specific announcements. The gain was linked to fresh, higher cost estimates for SpaceX's potential entry into the U.S. mobile carrier market, which is seen as reducing the competitive threat to existing carriers like T-Mobile. This rise occurred even as the S&P 500 fell and T-Mobile's stock remains near a one-year low, having lost 25.7% over the past twelve months.

This article summarizes key Apple-related news from the past week, including CEO John Ternus defending the company's AI strategy despite criticism. It also covers Apple and Samsung's resilience amidst a global smartphone chip downturn, Elon Musk's jab at the expensive Mac Studio, and Apple stock's decoupled performance from the broader tech market. The broader AI trade also experienced a difficult week, impacting companies like Alphabet and Intel.

RELX plc is scheduled to hold an investor seminar on its scientific, technical, and medical (STM) publishing business on November 3, following a trading update that reaffirmed its full-year outlook. The company reported 7 percent underlying revenue growth in the first nine months of 2026, with significant adoption of AI-enabled platforms in its Legal and Risk divisions. The seminar is expected to provide more details on LeapSpace, the group's research-focused AI workspace.

Texas Instruments (TXN) stock has significantly outperformed the S&P 500, returning 93.5% over the past year. A Trefis analysis suggests TXN shares could be worth approximately $475.51 in three years, representing a 58.1% upside from its recent close, driven primarily by strong revenue growth. This forecast assumes annual revenue growth of 17.2% and a stable P/E multiple of 38.7.

Mirae Asset Global Investments Co. Ltd. has acquired 572,399 shares of NXP Semiconductors N.V. (NASDAQ:NXPI) during the third quarter, valued at approximately $136 million, giving them a 0.23% stake. NXP Semiconductors recently reported strong third-quarter earnings, exceeding analyst expectations with adjusted EPS of $4.20 and revenue of $3.79 billion. Despite positive news including a $5 billion share buyback authorization, analyst views are mixed due to cautious fourth-quarter guidance and broader semiconductor market concerns.

Align Technology Inc., the Tempe-based maker of Invisalign, has announced that Jennifer Davis will be its new CEO, effective December 31st. Davis previously served as an executive at Procter & Gamble. This appointment follows the retirement of the current CEO.

Telecommunications expert William Webb estimates that SpaceX could require an additional $120-130 billion to build a US mobile network capable of competing with T-Mobile, AT&T, and Verizon. This cost primarily covers acquiring sufficient wireless spectrum and developing physical infrastructure like cell sites. While a lower-cost rural expansion or wholesale arrangement offers alternatives, the significant investment highlights the challenge of directly competing with established national operators.

Affle 3i Ltd announced on Sunday, November 1, its plan to acquire Israel-based advertising technology company Perion Network Limited for approximately $420 million in an all-cash deal, with Perion shareholders receiving $11.70 per share. The acquisition aims to combine Perion's digital advertising channels in developed markets with Affle's mobile marketing and AI-powered consumer conversion capabilities in emerging markets, expanding Affle's addressable market globally. The transaction is expected to close in early 2027, making Affle net debt-free and projecting a revenue run rate of over $700 million by financial year 2028.

Micron Technology, a memory chip manufacturer, posted a record fiscal year with $133 billion in revenue and $75.52 adjusted earnings per share. Despite this, its stock trades at a low forward P/E of 5.5, reflecting historical boom-and-bust cycles in the memory industry. The article suggests that Micron's long-term contracts and growing server demand could stabilize its business, but investors should monitor DRAM prices and inventory days for signs of supply catching up to demand.

Uber has launched its first global bus-booking service in Cairo, Egypt, aiming to cater to the country's large market of over 5 million Uber users, particularly those with basic phones and limited connectivity. This move, which offers the cheapest of Uber's services in the city, follows a similar launch by its Middle East rival Kareem in Egypt last month. The company's CEO announced the service during his first visit to Egypt, highlighting the region's importance as one of Uber's top 10 markets globally by trip numbers.