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Apple price hike and OpenAI IPO delay rattle markets | Morning Bid

visibility comment0 event June 26, 2026 timer 07:37

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Apple announces price hikes on iPads and MacBooks, blaming surging memory chip costs, sending its stock down six percent. Reports that OpenAI may delay its IPO to 2027 add to nerves around the AI trade. A vessel strike in the Strait of Hormuz briefly rattles oil markets before prices resume their slide. And JPMorgan’s Jamie Dimon is reported to be staying on for another three years.

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