Apple Q3 Beat: $109B Revenue, EPS +29%, Records Across iPhone/Mac/Services
Apple posted its strongest June quarter ever with $109.4B revenue and $2.02 EPS. Tariff refunds added ~2pp to gross margin and $0.11 to EPS.
Geopolitics
Shein Files HK IPO at $40-50B, Discloses U.S. FTC Probe
Shein filed for its Hong Kong IPO at a $40-50B valuation, down from $64B in 2024, while disclosing an ongoing FTC investigation into its U.S. business.
First Solar Jumps 11% on Section 232 Polysilicon Tariff Bet
First Solar (FSLR) surged 10.86% to $303.38 on May 28, 2026, as traders front-ran an expected Section 232 polysilicon tariff verdict from the Commerce Department.