Stock Movers: Apple Hits Record, Crypto Stocks Rise on AI, Getty Falls

Crypto Stocks Surge on AI Expansion

• 🚀 Crypto-linked stocks like Robinhood (HOOD) and Terawulf (WULF) saw gains as Bitcoin miners expand beyond cryptocurrency into AI data centers.
• 💡 This expansion is seen as further boosting the AI sector, even beyond the performance of digital currencies like Bitcoin.

Getty and Shutterstock Tumble on Merger Concerns

• 📉 Getty Images (GETY) and Shutterstock (SSTK) experienced significant drops in their stock prices.
• ⚠️ The decline is due to the UK's Competition and Markets Authority stating their merger could lead to a substantial lessening of competition.

Apple Hits Record High Amid Strong iPhone Demand

• 📈 Apple (AAPL) reached its first record high of 2025, driven by signs of strong demand for its latest iPhone 17 series.
• 📊 Sales for the iPhone 17 series reportedly outpaced the iPhone 16 by 14% in their initial sales periods in the US and China.
• 🌟 This performance adds to hopes for a long-awaited upgrade cycle for Apple's products.

Regional Banks Show Resilience Post-Earnings

• 🏦 Zions Bancorp (ZION) led an aftermarket rally in regional bank stocks, including Western Alliance (WAL).
• ✅ Zions reported earnings that exceeded analyst estimates, despite a $50 million loss attributed to an alleged fraud in commercial real estate.
• 🤝 The positive results from Zions, confirming loan losses were within expectations, eased concerns and led to a sympathetic rally in Western Alliance shares.