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Apple stock actually dropped 1.5% on Tuesday after the company held its “Awe Dropping” event, where they unveiled the iPhone 17 lineup. The Apple stock price today reflected investor disappointment since the new devices were seen as incremental upgrades rather than revolutionary breakthroughs. AAPL stock news today has been focused on concerns that the iPhone 17 launch didn’t deliver the innovation that was needed to drive significant upgrade cycles, and this is happening right now when competition in the smartphone market is getting more intense. Apple stock chart showing 1.48% decline to $234.35 – Source: Google Finance Apple Stock Price Today And AAPL News After iPhone Launch iPhone 17 in multiple color options displayed in a fan arrangement – Source: Apple The market reaction was actually pretty swift as Apple stock got pushed down to $234.35. Wall Street analysts have been expressing skepticism about the new lineup’s ability to drive meaningful ...

U.S. spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) saw another wave of withdrawals yesterday, August 20, the fourth consecutive day of consistent net outflows. Bitcoin ETFs shed $311.57 million during the session, with BlackRock (IBIT) leading the sell-off with $220 million, according to data from SoSoValue on August 21. Ark (ARKB) had the same idea, dropping $76 million, while Fidelity (FBTC) and Grayscale (GBTC) posted smaller outflows of $7 million and $8 million, respectively. Ethereum ETFs also recorded substantial redemptions, with $240 million withdrawn on the day and BlackRock (ETHA) again taking the brunt of it, seeing $257 million in withdrawals.  Trading volumes still high Despite the net losses, trading volumes remained fairly high, suggesting investors are more likely to be repositioning rather than exiting the market altogether. Shifting strategies could be the result of both Bitcoin and Ethereum struggling to hold key...

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​​Ripple Labs has launched a $700 million share buyback plan, but will this move further delay the company’s long-anticipated IPO? In an email to stakeholders, Ripple CEO Brad Garlinghouse confirmed that the $700 million tender offer began on June 10 and will remain open until July 9. The offer values Ripple shares at $175 each, a striking 135 percent premium over the company’s recent secondary market price of around $74 to $75. Eligible shareholders will have a one-month window to participate in the offer. Investor Jeremy Raper highlighted the timeline in a post on X (formerly Twitter), where he shared a screenshot of the terms. Ripple email. Source: Jeremy Raper on X By offering such a premium, Ripple is signaling both its financial strength and its intent to reward existing shareholders. The move also reinforces confidence in the company’s growth trajectory as it continues to expand despite regulatory headwinds. Compared to Ripple’s previous buyback in Janua...