Apple Inc. is in talks with Tencent Holdings Ltd and ByteDance Ltd over the use of their AI models in products they will sell in China. The talks are at a preliminary stage, but show how Apple is shifting strategically towards compliance with local laws and finding appropriate partners in this challenging market. Apple Inc. […]...

All three of the major indexes (^DJI,^GSPC, ^IXIC) rebound from a selloff fueled by the Federal Reserve's 2025 forecast coming in more hawkish than expected. Haywood Wealth Management president and co-founder Justin Haywood joins Wealth! Host Brad Smith to break down what investors should consider when positioning their portfolio. "I would call yesterday's move a hawkish cut," Haywood says, adding, "I think the Fed was probably reluctant to make this cut. They may have backed themselves into a corner in a sense with their rhetoric in September. And I think they felt like they needed to make this cut." Looking forward to 2025, he says, "the sentiment should be relatively bullish" despite uncertainty around President-elect Donald Trump's policies. "You want to ride this out," he tells Yahoo Finance. Haywood outlines his top picks, saying, "Technology remains a strong play moving into 2025." He names Apple (AAPL), Tesla (TSLA), and Palantir (PLTR). To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan...