Stocks

U.S. stocks climbed Thursday as Apple led a rally in technology companies and reached $1 trillion in value.

The Latest on Apple reaching a market value of $1 trillion (all times local): 9:15 a.m.

As the tech giant reached its $1 trillion market capitalization on Thursday, here are some fun facts about the late Steve Jobs and his company.

The latest on developments in financial markets (all times local): 9:35 a.m.

Blue Apron Holdings Inc. (APRN) on Thursday reported a loss of $32.8 million in its second quarter.

The company that owns KFC, Taco Bell and Pizza Hut is reporting healthy second-quarter profits, though sales at existing stores could create some unease.

Operating revenue rose to $11.50 billion.

Adjusted earnings rose 41 percent.

Its Walmart's "Eden" versus Zest Fresh Technology.

Asian shares slipped Thursday, tracking losses overnight on Wall Street, where investors sold industrial stocks following reports that the Trump administration is considering a higher tax rate on Chinese imports.

Thursday is a busy day for earnings reports and economic data.

Tesla's second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars.

___ Social media plays whack-a-mole with Russia interference NEW YORK (AP) — Facebook is spending heavily to avoid a repeat of the Russian interference that played out on its service in 2016.But it doesn't appear to have the upper hand yet — and may never.

The Latest on Tesla Inc.'s second-quarter results (all times local): 1:15 p.m. Tesla burned through $739.5 million in cash last quarter as it geared up a factory to crank out more electric cars, leading to a $717.5 million net loss.

Apple surged to its biggest gain in a year and a half Wednesday and drew closer to $1 trillion in value after it reported stronger iPhone sales and rising prices.

The iPhone maker is close to becoming the first company to reach $1 trillion in value.

The latest on developments in financial markets (all times local): 9:35 a.m.

The Nasdaq got a boost from Apple’s earnings.

Volkswagen warned that sticking to its financial targets will be a challenge.

Apple made more money from higher priced iPhones in the latest quarter, even as unit sales were relatively unchanged.