šŸŒ Appleā€™s iPhone Slump

Plus: Starbucks plans to boost security

Apple CEO Tim Cook.
Apple CEO Tim Cook.
Image: Nic Coury / AFP (Getty Images)

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Hereā€™s what you need to know

Earnings from Big Tech gave the Dow a 250 point boost. Strong earnings from tech giants fueled the Dow, but Nvidia struggled as DeepSeek hit.

Apple posted an earnings beat. That didnā€™t keep the tech giantā€™s iPhone sales from hitting a snag.

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Toyota drove to the top again as the worldā€™s best seller. The Japanese giant sold 10.8 million vehicles, leaving rivals behind for the fifth consecutive year.

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President Donald Trump accused Fed chair Powell of prioritizing DEI over inflation. His criticism comes as the Fed opts to keep rates steady despite ongoing inflation concerns.Ā 

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UPSā€™s stock dropped after scaling back its Amazon business. Despite the setback, analysts see a way forward for the delivery giant.

Elon Musk dismisses full-self-driving (FSD) doubts as Tesla gears up for ride-share launch. He insists the company is finally ready for the service, despite past FSD setbacks.

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The top 10 most stressed U.S. states

Stress is a major issue in the U.S., with about 50% of Americans feeling overwhelmed regularly. This rises to 55% of men and 69% of women aged 18-49. However, stress levels vary by state.

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Cassandra Happe, an analyst at WalletHub, notes that moving to a state with lower crime, better healthcare, and a stronger economy can significantly reduce stress. WalletHub recently ranked all 50 states based on factors like work hours, financial struggles, and health risks, using data from sources like the Centers of Disease Control (CDC) and Prevention and the Bureau of Labor Statistics (BLS).

Which U.S. states top the list when it comes to stress? Quartzā€™s Madeline Fitzgerald has the details.

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Starbucksā€™ big shift

Starbucks is making big changes under new CEO Brian Niccol, including scrapping its 2018 open-door policy.

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The companyā€™s new ā€œCoffeehouse Code of Conductā€ limits access to stores, allowing only paying customers to sit or use the restroom in response to safety concerns from both employees and customers.

ā€œIn order to be the coffeehouse that we want to be, we need to bring some practical pieces of our Code of Conduct,ā€ the CEO said.

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How far do the security measures go? Quartzā€™s Francisco Velasquez breaks it down.


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šŸ‹ What DeepSeekā€™s AI breakthrough means for Meta, OpenAI, and Nvidia


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Our best wishes on a safe start to the day. Send any news, comments, iPhones, or de-stress tips to talk@qz.com. Todayā€™s Daily Brief was brought to you by Francisco Velasquez and Audrey McNamara.