Shoppers expertise the iPhone 17 in an Apple retailer in Shanghai, China on October 13, 2025.
Cfoto | Future Publishing | Getty Photographs
Critics’ displeasure on the iPhone 17 Professional’s fluorescent orange colour apart, Apple’s “Cosmic Orange” smartphone has charmed followers — and buyers.
The latest iPhone 17 sequence, which incorporates the bottom iPhone 17 and its overachieving Professional and thin Air siblings — that are available in colours aside from orange, to be clear — has been outselling the earlier one within the U.S. and China, in line with Counterpoint knowledge. In truth, the iPhone Air bought out inside minutes of happening sale in China, reported the South China Morning Publish.
Shares of Apple popped practically 4% on the information and closed at an all-time excessive. That should be welcome information for CEO Tim Cook dinner and buyers, because the inventory has been one of many largest laggards within the Magnificent 7 group. That soar places Apple’s year-to-date good points at round 5%, in contrast with Nvidia’s 36% and Meta’s 25%.
One other member of the Magazine 7, nonetheless, had a bumpy Monday. Amazon’s cloud arm, Amazon Net Providers, suffered an outage. Websites resembling Reddit and Snapchat went darkish, plunging thousands and thousands, together with yours actually, into existential crises. Shares of Amazon nonetheless elevated round 1.6%.
U.S. markets additionally rose extra broadly, with main indexes ending Monday within the inexperienced. This week, buyers might be retaining their eye on the U.S.’ commerce developments with China in addition to earnings stories from firms resembling Netflix, Tesla and Intel.
What it’s essential to know at present
And at last…
U.S. President Donald Trump (L) greets Ukrainian President Volodymyr Zelenskyy outdoors the West Wing of the White Home on October 17, 2025, in Washington, DC.
Win Mcnamee | Getty Photographs Information | Getty Photographs
Trump requires Ukraine to be carved up with Russia after tense assembly with Zelenskyy
U.S. President Donald Trump held a tense assembly together with his Ukrainian counterpart Volodymyr Zelenskyy on the White Home on Friday, with the potential provide of U.S. long-range cruise missiles, Tomahawks, on the agenda.
Zelenskyy walked away from the assembly not solely empty-handed, however apparently upbraided by Trump, who stated Ukraine ought to settle for Russia’s phrases for ending the struggle — by handing over the whole jap territory of Donbas, the epicenter of ongoing preventing in Ukraine.
— Holly Ellyatt
