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6 Hours Ago
Apple stock falls as company unveils iPhone 15
Apple stock slipped 1.8% Tuesday after the company unveiled the iPhone 15 at its “Wonderlust” launch event in Cupertino.
The latest handset in the popular iPhone line of smartphones boasts a 48 megapixel main camera, the A16 Bionic chip and 4K cinematic mode. The iPhone 15 is also made with 75% recycled aluminum and 100% recycled copper. The iPhone 15 will start at $799 for the base model, $999 for the Pro and $1199 for the Pro Max.
— Brian Evans
10 Hours Ago
October WTI crude oil futures reach highest since last November
October West Texas Intermediate crude oil futures climbed as high as $88.45 a barrel (42 gallons) early Tuesday, the highest since Nov. 15, 2022.
WTI hasn’t closed above above $90 a barrel since last Nov. 11.
November Brent futures — the global benchmark — also hit a 10-month high Tuesday, reaching $91.50 a barrel.
Permian Resources, Range Resources, EQT, Denbury and other energy plays are all up 1% or more in early trading.
— Scott Schnipper, Gina Francolla
7 Hours Ago
Energy notches biggest sector gains Tuesday
7 Hours Ago
Information technology underperforms the S&P 500, but some chip stocks shine
Information technology was the biggest laggard in the S&P 500, with the sector last down by 1.2%. Oracle dragged on the sector, dropping more than 12%. Apple shares lost 1.5%.
However, some semiconductor stocks such as Nvidia and Qualcomm were higher by 0.4% and 1.2%, respectively. Intel shares rose 1.9% after the chip company said it would sell a roughly 10% stake in its IMS Nanofabrication business to TSMC.
— Sarah Min
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