EU convenes Ukraine reconstruction talks with Washington and London
The European Commission hosts talks in Brussels on Wednesday on Ukraine’s post-war economic future, spokesperson Paula Pinho confirmed (Politico Europe). France, Germany, the U.K., NATO, the World Bank, Kyiv and Washington will attend. The guest list shows who expects to shape reconstruction contracts and financing terms. Whoever sets the rules for funding decides which countries’ firms get the work.
Tech stocks look to snap a three-day slide
Tech shares are trying to end a three-session losing streak as investors shift focus from earnings to the U.S. midterm elections (WSJ). Shopify is falling after its first quarterly revenue miss in four years (Bloomberg). Lattice Semiconductor is rising after an outlook that points to growth into 2028 (Bloomberg). Investors are paying for chipmakers with visible demand and punishing software firms that miss once.
Apple’s iPhone Duo is supply-limited, not demand-limited
Wait times for the iPhone Duo extend into January, which suggests supply, not demand, is the constraint, says analyst Craig Moffett of MoffettNathanson (Bloomberg). He calls it off to a strong start but not a big growth driver. Reports of cracking screens hurt Apple’s reputation, though he warns against overemphasizing them.
Non-obvious angle: a dying NASA telescope tests who tracks space debris
NASA’s 3,200-pound Swift Observatory is expected to reenter the atmosphere this week after 22 years in orbit and a failed rescue attempt this summer (Wired). The possible reentry zone covers parts of Africa, Australia, Southeast Asia and South America. Countries in that zone depend on U.S. tracking data, so they have little independent information about where debris may land.
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