Apple Hits Record Revenue as Microsoft Market Value Plummets $357B

Apple achieved record quarterly revenue of $143.76B driven by iPhone 17 sales while Microsoft shares plummeted 10 percent in its largest daily drop since 2020.Meta Platforms surged as Donald Trump prepared to replace Jerome Powell as Federal Reserve chair and reached a government funding agreement.Global markets reacted as gold hit a record high and oil prices climbed following reports of potential USA strikes on Iran.