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The iPhone 17 generation of devices drew consumers, with Apple's handsets accounting for one in every five shipments in the December quarter.
Cryptos fell sharply as risk assets slipped and haven demands strengthened after President Trump proposed new levies on eight European countries for their support of Greenland.
Bitcoin slid by as much as 3.6% to below $92,000, while other tokens posted steeper losses, with the sell-off knocking about $100 billion off the crypto market's total value.
Bitcoin had risen back up to just shy of $98,000 on January 14th before the latest drop.
Tesla CEO Elon Musk said the carmaker will resume work on the Dojo 3 project after making progress on the design of its AI5 chip.
Tesla had abruptly ended the Dojo project last year, which revolved around an in-house AI supercomputer for developing driverless vehicle technology.
Musk, posting on X, also invited job applications for what he described as, quote, the highest volume chips in the world.
Last year, Tesla and Samsung signed a $16.5 billion pact
that would see Samsung produce the next generation of AI6 chips.
College football's national championship game tonight at Hard Rock Stadium in Miami as the Indiana Hoosiers are facing the Miami Hurricanes.
Kickoff is scheduled for 7.30 p.m.
Eastern time.
In the NFL, the Buffalo Bills firing head coach Sean McDermott after nine years after the team lost in the divisional round to the Broncos in Denver.
McDermott ends his Bills tenure at the record of 98-50 in the regular season, but a postseason mark of 8-8.
That's news when you want it with Bloomberg News Now.
I'm Dan Schwartzman, and this is Bloomberg.
News when you want it with Bloomberg News Now.
I'm Dan Schwartzman.
German Finance Minister Lars Klingbeil telling reporters in Berlin Monday that President Trump reached a red line with his threat to hit NATO allies with additional tariffs for opposing his bid to annex Greenland.
Klingbeil said, quote, We are constantly experiencing new provocations.