Stocks gain as tech climbs while Dollar takes a hit post Fed - Newsquawk US Market Wrap

Fed holds rates as expected, Warsh offers no hawkish surprise; US VP Vance reportedly reaches out to an Iranian hard-liner in a bid to restart peace talks; Iran's FM Araghchi says Iran continues to give diplomacy a chance to succeed; Mediators and Iran reportedly consulting on a meeting before November 4th; BoC hikes rates as expected, points towards further tightening; Surprise RBNZ hold in 4-3 split; Strong SK Hynix Q3 earnings; ORCL's plan to limit capex increases well received; GOOGL releases Gemini 4 Carbon frontier AI models; DoJ reportedly inquiring about NVDA's purchase of Hugging Face; Hotter-than-expected Australian CPI.
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Has Apple Peaked?

At 40x earnings, the growing gap between its reputation and its actual innovation is becoming difficult to ignore.