HardwareMarketsTechnology

Apple iPhone 17 Sales Momentum Fuels Tech Stock Rally, Credit Concerns Linger

U.S. stocks surged Monday as Apple reached new heights following strong iPhone 17 sales data. Meanwhile, banking executives warn of potential credit contagion from recent auto lender bankruptcies, echoing concerns from previous financial crises.

Tech Stocks Rally on Apple iPhone 17 Performance

U.S. stock markets experienced broad gains Monday as technology shares, led by Apple, drove major indices higher. According to market analysis, Apple surged to a new record high after research firm Counterpoint Research concluded that iPhone 17 sales were significantly outperforming early iPhone 16 sales figures.

HardwareTechnology

Samsung Reportedly Cancels Galaxy S26 Edge, Discontinuing Slim Smartphone Line

Samsung has reportedly scrapped plans for the Galaxy S26 Edge and will discontinue its slim smartphone lineup entirely. According to new reports, the decision comes after disappointing sales of the current Galaxy S25 Edge model, which is now being discounted by 40% just months after launch.

Samsung’s Ultra-Slim Smartphone Line Reportedly Discontinued

Samsung Electronics has reportedly decided to cancel the launch of the Galaxy S26 Edge and discontinue its slim smartphone lineup entirely, according to multiple reports emerging from South Korea. The decision comes following disappointing commercial performance of the current Galaxy S25 Edge model, which failed to gain significant market traction despite its premium positioning.

HardwareTechnology

Apple M5 Chip Launches With Major AI Performance Boost, 45% Faster Graphics

Apple has unveiled its next-generation M5 chip featuring dramatic improvements in AI and machine learning performance. The new silicon reportedly offers 45% higher graphics performance and substantial memory bandwidth increases over the M4 chip, positioning it as a powerhouse for generative AI workloads.

Apple Unleashes M5 Chip With Revolutionary AI Capabilities

Apple has officially launched its latest M5 chip for MacBook Pro, marking a significant advancement in the company’s silicon evolution. According to reports from 9to5Mac’s coverage, the new processor delivers substantial improvements in artificial intelligence and machine learning performance that could redefine professional workflows.

BusinessTechnology

Tim Cook Reaffirms Apple’s China Investment Commitment Amid Trade Tensions

During his latest China visit, Apple CEO Tim Cook met with government officials and promised continued investment in the country. The commitment comes as Apple announces new iPhone Air preorders and faces ongoing US-China trade tensions.

Apple CEO Reaffirms China Commitment During Beijing Visit

Apple CEO Tim Cook has reportedly pledged to maintain the company’s investment in China during meetings with Chinese officials this week, according to official summaries of the discussions. The commitment comes amid ongoing trade tensions between Washington and Beijing and follows months of supply chain adjustments by the technology giant.