CNBC Daily Open: Ternus turns the page at Apple
15 years after Tim Cook took the reins from Steve Jobs, Apple will see another transition: John Ternus will become CEO on September 1 from Cook.
South Korea’s Kospi hits record high amid mixed Asia markets as hopes linger for Mideast peace
Korea’s Kospi hits fresh intraday high, amid mixed Asian markets as investors brushed aside fresh threats from Trump on Iran ahead of a fragile ceasefire deadline.
Apple goes for the ‘continuity candidate’ to replace Cook. What the CEO change means for investors
Apple’s surprise leadership announcement sent Wall Street reconsidering their expectations for the future of the technology titan.
CNBC’s The China Connection newsletter: China ships more humanoid robots than the U.S. as investors diverge on AI bets
Chinese startups are churning out more humanoid robots than their U.S. rivals, despite far lower valuations.
Tim Cook reactions: Trump, Altman, Buffett and more on the Apple CEO move
Apple CEO Tim Cook’s move to executive chair spurred commentary from tech leaders Sam Altman and Palmer Luckey, as well as Warren Buffett.
Stock futures inch higher after Nasdaq snaps 13-day win streak: Live updates
The Nasdaq Composite snapped a 13-day win streak on Monday, its longest positive run since 1992.
Apple taps John Ternus as CEO to replace Tim Cook, who will become chairman
Apple said on Monday that John Ternus is succeeding Tim Cook as CEO, with Cook assuming the role of executive chairman on Sept. 1.
Amazon to invest up to another $25 billion in Anthropic as part of AI infrastructure deal
Amazon is boosting its investment in Anthropic, which is committing to spending over $100 billion on Amazon cloud services over the next decade.
Tariff refunds begin on Monday. These retailers are due big paydays
U.S. importers, such as Walmart and Target, could be in line for billions in tariff refunds as the government launches its claims-filing portal on Monday.
Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market.
