iPhone 17 Pro
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iPhone Powers Apple’s Strong Earnings, But Investors Remain Unimpressed
Despite strong iPhone demand boosting Apple’s revenue, the tech sector experienced volatility. Meta surged on AI returns, while Microsoft plunged due to high AI spending and slowing cloud growth. The Nasdaq and S&P 500 dipped, and Bitcoin fell sharply. Geopolitical tensions impacted oil prices, and gold rebounded. Key developments include Amazon exploring an OpenAI investment and Norway’s sovereign wealth fund reporting record profits, driven by tech gains.
