Tue, 1 Sep 2026
Markets
DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14% DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14%
John Ternus is now the CEO of Apple

John Ternus is now the CEO of Apple

For the first time since 2011, one of the world's most valuable companies has a new leader, as today marks John Ternus' first day as Apple's CEO. He's replacing Tim Cook, who will continue on as the executive chairman on Apple's board and departed with a letter to employees that remarked, "This plac...

Apple SVP John Ternus takes over as CEO from Tim Cook. | AFP via Getty Images

For the first time since 2011, one of the world's most valuable companies has a new leader, as today marks John Ternus' first day as Apple's CEO. He's replacing Tim Cook, who will continue on as the executive chairman on Apple's board and departed with a letter to employees that remarked, "This place is proof that culture triumphs over everything. We share a belief that what we build matters, and that we have both the opportunity and the responsibility to leave the world better than we found it."

Ternus is taking over a company dealing with the rise of AI, shortages of RAM and other components due to that growth in AI, and a political and e …

Read the full story at The Verge.