STOCKS | Apple Rises 3.56% After Unveiling iPhone Duo and New AI Features

Apple rose 3.56% on Thursday, with trading volume reaching $22.551 billion. According to Sina Finance, the company unveiled its long-awaited iPhone Duo foldable phone at a Wednesday keynote at its headquarters, and also showcased a broad set of AI features for the iPhone and Apple Watch. Nvidia fell 2.26% as the U.S. Department of Justice investigates its technology licensing and talent-hiring arrangements with AI chip startup Groq. According to Sina Finance, people familiar with the matter said the DOJ has already sent Nvidia a formal information request, but the probe has not reached a conclusion and does not mean regulators have found the company violated the law. SpaceX rose 0.43% after saying it plans to add more backup power and cooling systems before data centers go live, while reducing the use of temporary power and refrigeration equipment. According to Sina Finance, some existing facilities may also be redesigned.