Apple(US:AAPL) Feng Huang Wang·2025-08-06 22:14Market Performance - On August 6, U.S. stock indices closed higher, influenced by Apple's strong stock performance, with the Dow Jones up 0.18% at 44,193.12 points, the S&P 500 up 0.73% at 6,345.06 points, and the Nasdaq up 1.21% at 21,169.42 points [1][2] - Apple's stock closed up 5.09%, marking its largest increase since May 12, when it rose 6.31% [2] Economic Insights - Jose Torres, a senior economist at Interactive Brokers, noted that investor focus has shifted from trade tensions and weak economic data to strong corporate earnings, indicating a risk-on market sentiment [4] - The market anticipates a Federal Reserve interest rate cut soon, with a 93.6% probability of a 25 basis point cut in September, while the likelihood of no change is below 7% [4] Company Developments - Apple announced plans to invest $100 billion in the U.S., which is expected to boost investor sentiment [4] - Apple will hire 20,000 people in the U.S. over the next four years as part of a $25 billion commitment, which is part of a broader $600 billion investment plan [12] - Application Materials joined Apple and Texas Instruments to strengthen U.S. semiconductor manufacturing, planning to invest over $200 million in a new advanced manufacturing facility in Arizona [13] Stock Performance of Major Companies - Major tech stocks mostly rose, with Nvidia up 0.65%, Google up 0.82%, Amazon up 4%, and Tesla up 3.62% [8] - Notable retail and consumer electronics stocks also saw gains, with Shopify up 21.97% and Walmart up 4.08% [8] Other Company News - Novo Nordisk addressed market share decline, stating that while diabetes drug sales are down, weight loss drug sales are gradually increasing [14] - Blackstone announced a strategic financing agreement with biopharmaceutical company MannKind, providing up to $500 million to support its growth strategies [15]