Shares of Apple dropped by nearly 3% to $265.81 during trading on Tuesday. This comes after the announcement that Tim Cook will step down as CEO effective September 1, with Senior Vice President of Hardware Engineering, John Ternus, to take over. Cook, who has been CEO since 2011, will transition into a new role as Executive Chairman of the board.

US President Donald Trump said he'd be disappointed if Kevin Warsh, his nominee for Federal Reserve chair, didn't cut interest rates immediately after taking office. "I've been in favour of interest rate rises to stop inflation. I think it...is effective. But...we should've the lowest interest rate in the world," he added. Current Fed Chair Jerome Powell's term ends in May.

Astera Labs (ALAB) surged 8% Tuesday, extending a 60% monthly rally. RBC Capital raised its price target to $250, citing 43% upside potential. The analyst is bullish on AWS suppliers like Astera due to Amazon's massive deal with Anthropic. UBS also expressed optimism for the company's future growth.

US President Donald Trump said he would "remember" companies that choose not to seek refunds for tariffs his administration imposed. "If they don't do that, they've got to know me very well," he said. The US government has opened a portal to refund over $166 billion after a Supreme Court ruling deemed most of Trump's reciprocal tariffs illegal.

ImmunityBio (IBRX) rose 4% premarket as its immunotherapy Anktiva launched in Saudi Arabia for bladder and lung cancer. The stock has surged 320% this year. This follows partnerships to enter the MENA region and SFDA approval. Anktiva is now approved in 5 jurisdictions covering 34 countries, boosting its global presence.

Hyperscale Data (GPUS) surpassed the halfway mark toward its $100M Bitcoin goal for the second time, holding ~$50.3M in BTC. The company, which mines and buys Bitcoin, reaffirmed BTC as a core balance sheet asset. It plans to continue accumulation through mining and market purchases as part of its long-term strategy.

Senate Banking Chairman Tim Scott backed Fed nominee Kevin Warsh, calling him "battle tested" ahead of today's confirmation hearing. In a CNBC interview, Scott expressed confidence that Warsh would bring independence back to the central bank. He predicted that under Warsh's leadership, more Americans would achieve their version of the American dream.

GE Aerospace (GE) shares fell 4% premarket despite beating Q1 estimates with $1.86 EPS and $11.6B revenue. The company reaffirmed full-year guidance, trending toward the high end. CEO Larry Culp emphasized a $170B commercial services backlog as a major advantage in navigating macro challenges.

Galaxy's Mike Novogratz and Bitmine's Tom Lee expressed optimism ahead of Fed Chair nominee Kevin Warsh's hearing. Novogratz called to end the "Powell witch hunt," while Lee predicted short-term testing followed by a massive 18-24 month bull run. Both believe digital assets remain on an upward trajectory despite the leadership change.

MahaRERA has allowed a new developer to take over the stalled 'Sapphire I' project in Kurla under an amnesty route, granting fresh registration while keeping the old promoter's liabilities intact. The move follows project delays and the termination of the previous developer, with safeguards introduced to protect homebuyers' rights and ongoing claims.