Apple Shares Reach Nearly $4 Trillion Amid iPhone 17 Sales Surge
Apple Shares Reach Nearly $4 Trillion Amid iPhone 17 Sales Surge

Apple Shares Reach Nearly $4 Trillion Amid iPhone 17 Sales Surge

News summary

On October 21, 2025, several significant business and technology developments were reported. Crew Clothing plans to open a new store in Scotland as part of a country-wide expansion, while McVitie's Penguin and Club bars lost their classification as chocolate due to reduced cocoa content amid rising prices. Apple shares reached a record high, nearing a $4 trillion valuation, driven by strong iPhone 17 sales. Meanwhile, a major global outage on Monday disrupted half of the internet, caused by an AWS internal subsystem issue affecting services like Snapchat, Zoom, and Fortnite. In Nepal, President Ram Chandra Paudel extended Tihar festival wishes, and the government prepared to expand its cabinet, while providing humanitarian aid to families affected by the Hamas attack in Israel. Additionally, Home Minister Om Prakash Aryal emphasized that no one, including political leaders, is above the law.

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