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This week on Between Candles, our analyst BC Richfield covers: → Who pays for AI, after Alphabet's worst day on record and Intel's worst since 1974 → The Fed meeting and what the market prices for December → Nasdaq 100 and gold on the chart → The Binance hack, BTC, ETH and HYPE → A trading psychology habit Full episode on YT: youtu.be/iywmpgwlBxU

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Apple just reported its first full quarter under new CEO John Ternus. The numbers looked solid at first: $114.5 billion in revenue (+12%) and strong iPhone sales. Services also hit a new record. But the market focused on the outlook. Apple guided for slower growth in the holiday quarter (7–10%) and lower profit margins, mainly because of very high memory chip prices and spending on Siri AI. That’s why the stock dropped after the results, even though the quarter itself was better than expected. iPhone Duo is still in limited supply and the company confirmed a small number of screen/hinge issues.