🌏 Apple’s surprise launch
Plus: Nvidia has recovered from a DeepSeek-triggered selloff
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Apple may drop a new iPhone today. CEO Tim Cook teased, last week, the launch of “the newest member of the family”
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Nvidia’s comeback
Nvidia stock rose 1% on Tuesday, extending its rally into a third day.
Nvidia’s stock has rebounded about 90% from last month’s slump, which was sparked by Chinese startup DeepSeek. Still, at around $140 per share, it remains below its 2025 high of $153.13, set on Jan. 7.
While DeepSeek touted lower AI development costs, governments around the world have since announced fresh investment plans.
Who is planning to buy Nvidia chips this year? Quartz’s Josh Fellman breaks it down.
Airlines unite to overturn disability rule
Five major U.S. airlines have joined a legal challenge to overturn a federal rule that strengthens disability accommodations, including for wheelchair users. The Airlines for America trade group filed a petition with the Fifth Circuit Court of Appeals, arguing the Department of Transportation (DOT) overstepped its authority.
The rule, enacted under President Biden, includes a 24-hour deadline for returning delayed wheelchairs — a requirement the industry says ignores operational and economic realities. In 2023, airlines mishandled over 11,500 wheelchairs and scooters, per DOT data.
Which airlines joined the petition? Quartz’s William Gavin has the details.
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