Apple closed down 1.9% with trading volume at $20.235 billion; in the fourth fiscal quarter of 2026, Apple's revenue and profit both hit record highs for the same period, and the foldable iPhone Duo received an enthusiastic market response, while new CEO John Ternus, who succeeded Tim Cook on September 1, and other executives noted on the earnings call that rising industry storage chip prices have become a key limiting factor suppressing the gross margin outlook for the next quarter. NVIDIA closed up 2.29% with trading volume at $18.547 billion, as Marvell acquired Lumentum in an all-stock deal valued at $115 billion including debt, with the CEOs of both companies calling Jensen Huang for advice and receiving his support before the announcement; NVIDIA had previously invested $2 billion in each company. Micron Technology closed up 2.58% with trading volume at $17.552 billion. AMD closed up 3.65% with trading volume at $14.949 billion and said it expects fourth-quarter revenue of $17.0 billion, plus or minus 3%, versus analysts' average estimate of $16.3 billion. Oracle closed up 5.85% with trading volume at $10.421 billion, issuing shares at a 11% discount to the market price and raising $9.9 billion by selling 86.21 million shares at $116 each, and also said it issued $10 billion in bonds