Alphabet
Apple rises as rosy forecast lifts hopes for iPhone rebound
Apple shares rose 2% after a rosy forecast fueled hopes of an iPhone sales rebound, even as tough competition and a lack of AI features weigh on demand in key market China.
Amazon.com
Warner Bros Discovery to sue NBA over bid for broadcast rights, source says
The NBA rejected an offer from TNT – ending four decades of partnership – and announced new agreements with ESPN, NBCUniversal and Amazon.
Apple
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.