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Apple Jumps 3% as John Ternus Takes CEO Helm to Drive AI Push

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The Story

News Summary

  • Apple shares rose 3% as hardware engineering veteran John Ternus officially succeeded Tim Cook as CEO.
  • Investors viewed the transition as smooth and orderly, turning attention to upcoming catalysts including the iPhone 18 lineup, potential foldable devices, and an accelerated artificial intelligence roadmap.
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AAPL price history

330.21 +19.30% over the displayed period

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