Crude Oil Gains 1%; Apple Shares Tumble After Q3 Results

Tim Cook's Apple Exit, Congressman's $1 Million Apple Stock and More: This Week in Appleverse

As the week draws to a close, let’s take a look at some of the top stories that made headlines in the world of Apple Inc. (NASDAQ:AAPL). Congressman Who Bought Over $1 Million In Apple Stock Isn’t Selling With Tim

Foxconn Says Q3 Will Beat Expectations As AI Demand Surges, August Revenue Hits Record

Foxconn expects stronger third-quarter results as rising demand and seasonal electronics sales boost its business.

Congressmen Warn US Military’s Fix May Not Be Enough After Enemies Exploited Location Data to Target American Troops: 'Troubling Questions'

Wyden and Harrigan are questioning whether the U.S. military has done enough to protect troops from commercial location tracking.

Congressman Who Has Bought Over $1 Million in Apple Stock Isn’t Selling with Tim Cook’s Exit

A congressman is buying up more Apple stock, even with a major CEO transition happening this month.

Shares of semiconductor and chip companies are trading higher. The broader industry may be rallying alongside memory and storage-related peers.

Shares of semiconductor companies are trading lower as inflation concerns and elevated oil prices push U.S. and global bond yields higher, raising concerns that the Federal Reserve could tighten monetary policy later this month. Higher rates can weigh on growth stocks by making future profits less attractive.