Apple loses EU case, Oracle stock jumps on Q1 beat: Yahoo Finance

Apple faces a major setback as the European Union’s top court ordered the tech giant to pay nearly 13 billion euros in back taxes to Ireland. This ruling comes just hours after Apple's launch of its new iPhone 16 lineup. Meanwhile, Oracle shares are higher after reporting first quarter earnings that topped investor expectations on both the top and bottom line. Yahoo Finance trending tickers include GameStop , Rubrik , and Arm Holdings .9:30 a.m.

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