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Apple raises iPad and MacBook prices, blaming cost of chips amid AI boom The GuardianApple posts worst day in over a year after MacBook and iPad price hikes CNBCApple, Microsoft hike prices over surging chip costs Al JazeeraApple raises prices of MacBooks, iPads as memory costs skyrocket Reuters
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Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
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Apple stock plunges after raising prices on MacBooks, iPads amid global memory crisis Yahoo FinanceRAMageddon just got extremely real The VergeApple posts worst day in over a year after MacBook and iPad price hikes CNBCApple Raises Prices on Macs and iPads Amid the A.I. Boom The New York Times
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The tech giant cited the soaring costs of memory and storage chips as it increased prices more than $200 on some devices.
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May US PCE inflation tops 4%, leaves Fed hike on the table ReutersFed's preferred inflation measure hits 3-year high, keeping talk of possible rate hike in play Yahoo FinanceCore inflation rate hit 3.4% in May, highest since October 2023, Fed's preferred gauge shows CNBCInflation Accelerated in May as Iran War Pushed Up Prices The New York Times
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The U.S. and Israeli attacks on Iran rattled world markets early Monday, with U.S. futures falling more than 1% and oil prices soaring.
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