Ternus Takes the Helm at Apple Amid Oil Price Surge and Amazon Ad Suit
Apple has begun a new era under CEO John Ternus, who took over from Tim Cook. However, shares slipped on the news as Ternus faces immediate challenges in artificial intelligence and supply chain constraints.
Meanwhile, oil prices have risen sharply following President Trump's warning of new military strikes on Iran, escalating tensions in the Strait of Hormuz.
The U.S. Federal Trade Commission has filed a lawsuit against Amazon, alleging that it systematically overcharged advertisers, manipulating $20 billion worth of ad sales.