Steve Jobs is trending again as Apple reshuffles leadership and eyes AI strategy under new guidance. Co-founder of Apple, pioneer of the personal computer era.
Futures decline as conflict in Iran continues with no clear end. Oil prices hit new highs, driven by Iran's threats and disruptions to the Strait of Hormuz. Markets remain cautious, with investors wary of prolonged conflict and economic fallout.
Tim Cook has announced he will step down as Apple CEO and become executive chairman on Sept. 1, 2026, and John Ternus, the company’s head of hardware engineering, has been named CEO-designate. The move has been presented as a planned succession while Apple is confronting AI shortfalls, China supply risks, and pressure to produce a new product wave.
Apple has revealed Apple Intelligence and a revamped Siri, called Siri AI, at its WWDC keynote. Siri AI will use Googlepowered Gemini and private cloud models for web knowledge, run across iPhone and Mac, and surface personal context from on-device data. Developers can test a beta; Apple has not given a firm consumer release date.