Finance
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Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and more

Check out the companies making headlines before the bell. Apple — Shares declined 1.4% after Jefferies downgraded the megacap tech company to hold from buy, saying near-term expectations for the iPhone 16 and 17 are too high after weaker-than-expected initial demand. Apple’s AI capabilities leading to an accelerated smartphone replacement cycle is a “premature” catalyst,…

Economy
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First Thing: One year after the 7 October attacks

Good morning. One year ago, Hamas launched a surprise attack on Israel that killed 1,200 people – the deadliest event for Jewish people since the Holocaust. A further 251 were taken hostage. In the months that followed, the Israeli offensive in Gaza laid waste to the densely populated coastal territory and has so far killed…