Daily brief
Apple has raised prices on MacBooks and iPads by up to 20 percent, citing a global shortage of memory chips that the company called 'extraordinary' and 'RAMageddon.' The price hikes affect both new and existing models, while iPhone prices remain unchanged for now. Analysts say the chip shortage is driving up costs across the electronics industry.
SK Hynix shares surged 12 percent on plans for a US listing that could boost its valuation.
Microsoft extended its Windows 10 extended security update program through October 2027 and raised Xbox console prices for the third time in 13 months, citing higher memory costs.
Amazon announced an additional $13 billion investment in India by 2030, focusing on cloud infrastructure and AI, bringing its total planned investment to $48 billion.
Anthropic accused Alibaba of running a 'brazen' campaign to illicitly access its Claude AI models.