stock slipped 1.8% Tuesday after the company unveiled the iPhone 15 at its"Wonderlust" launch event in Cupertino.
The latest handset in the popular iPhone line of smartphones boasts a 48 megapixel main camera, the A16 Bionic chip and 4K cinematic mode. The iPhone 15 is also made with 75% recycled aluminum and 100% recycled copper. The iPhone 15 will start at $799 for the base model, $999 for the Pro and $1199 for the Pro Max.
A"recovery narrative" has been playing out in a corner of the semiconductor market this year, according to Morgan Stanley.It names its top picks and least favored stocks.October West Texas Intermediate crude oil futures climbed as high as $88.45 a barrel early Tuesday, the highest since Nov. 15, 2022.November Brent futures — the global benchmark — also hit a 10-month high Tuesday, reaching $91.50 a barrel.