$AAPL

State Street launched four sector ETFs (XLKM, XLYM, XLPM, XLEM) giving full weight to largest companies. Each holds a Select Sector counterpart and buys extra shares of top firms. Fees are 0.12% annually. Key holdings include Nvidia (NVDA), Amazon (AMZN), Walmart (WMT), and Exxon (XOM).

Skydance shares fell 22% to $7 after issuing warrants. Apple's market cap reached $5T, up 26% YTD. Other tech stocks mostly declined due to inflation fears. Skydance issued 471M warrants, trading under SKYD.WS. Oracle shares dropped 9%, down 33% YTD.

Apple has reportedly cleared regulatory hurdles in China and plans to launch AI features in December with iOS 17.3, according to Bloomberg.

Apple's market valuation briefly surpassed $5 trillion, driven by strong demand for the iPhone 18 Pro. The company's stock closed at $342.96, despite earlier production concerns. CEO Tim Cook attributed the demand to strong consumer interest, not supply issues. Apple's valuation may face challenges due to the global chip shortage and delayed product launches.

Apple launched new smart home products, including HomeView (a 7-inch display for connected devices), an updated HomePod Mini, and a new Apple TV remote with Find My integration. LG and Schneider Electric also released compatible accessories. The products aim to integrate Apple's ecosystem, with a focus on privacy and simplicity. Prices and release dates were announced.

EQX Labs plans to add 11 tokenized US stocks and ETFs to Hyperliquid's platform, including major tech companies and ETFs tracking the S&P 500 and Nasdaq 100. The tokens will be backed by shares held through DTCC-connected custodians and traded against USDC, with trading available 24/7 for non-US participants. EQX aims to expand equity exposure and price discovery on Hyperliquid's decentralized platform.

Apple's market cap surpassed $5 trillion on Wednesday, up 26% year-to-date and 40% over 12 months. The company benefits from strong iPhone sales, AI advancements, and new product launches. Challenges include a memory/storage shortage and competition in the smart home market.

Apple's market value surpassed $5 trillion, with shares at $344.61. 24/7 Wall St. sets a $395.69 price target, suggesting 14.8% upside. Q3 revenue rose 16.4% to $109.42B, with iPhone and Mac sales up 22% and 29% respectively. Analysts are divided, with bulls targeting $449.16 and bears at $336.08.

Global smartphone shipments fell 20% YoY in Q3 2026, the lowest since 2012, due to component shortages and weaker demand, according to Counterpoint Research. AI data centers absorbed DRAM and NAND supply, increasing smartphone prices by 20%. Samsung and Apple gained market share, while Xiaomi, OPPO, and vivo saw significant declines. Counterpoint expects conditions to persist through year-end.

Apple launched HomeView, a 7-inch smart display priced at $299, on 13 November. It integrates with Apple's ecosystem, offering features like Handoff and Siri AI, but lacks compatibility with some smart home devices like Ring doorbells. The device is available in tabletop and wall-mounted versions, with a 7-inch LCD display and aluminium base. It recognizes up to six users and adapts its interface based on proximity and user recognition.