Apple shares surged to an all-time high on Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone. Data from research firm Counterpoint showed the iPhone 17 series outperformed its predecessor in early sales in China and the United States, with the newer models out-selling the iPhone 16 series by 14% during their first 10 days of availability in the two countries. Learn Mor

U.S. Vice President JD Vance is to visit Israel on Tuesday, the country's airport authority said in a statement on Monday announcing preparations for his arrival at Tel Aviv's airport. Israel Airports Authority said traffic disruptions around the airport were expected between 10:30 a.m. and 1:30 p.m. local time and that some flights would be moved to another terminal. Learn More

Jitters around U.S. banks' exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior industry sources. More than two years after the sudden failure of Silicon Valley Bank that destabilized the industry, auto company collapses and bad loans have hurt bank stocks in recent weeks and sparked concerns that more pain is on the horizon. The U.S. KBW Regional B