{"id":53350,"date":"2025-09-19T14:38:39","date_gmt":"2025-09-19T18:38:39","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/apple-rallies-on-iphone-17-boost-senate-confirms-un-envoy-trump-pursues-turkey-deals-h-1b-visa-fee\/53350\/"},"modified":"2025-09-19T14:38:39","modified_gmt":"2025-09-19T18:38:39","slug":"apple-rallies-on-iphone-17-boost-senate-confirms-un-envoy-trump-pursues-turkey-deals-h-1b-visa-fee","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/apple-rallies-on-iphone-17-boost-senate-confirms-un-envoy-trump-pursues-turkey-deals-h-1b-visa-fee\/53350\/","title":{"rendered":"Apple Rallies on iPhone 17 Boost; Senate Confirms UN Envoy; Trump Pursues Turkey Deals, H-1B Visa Fee"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) shares surged 3.4%<\/strong> today as the company reportedly accelerated production of its more affordable iPhone 17 model, instructing suppliers to boost daily output by at least 30%.<\/li>\n<li>The <strong>US Senate confirmed former Trump National Security Adviser Mike Waltz<\/strong> to serve as the Ambassador to the United Nations.<\/li>\n<li>President Trump announced progress on significant <strong>trade and military deals with Turkey<\/strong>, potentially involving large purchases of <strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>) aircraft<\/strong> and F-16s, ahead of a White House meeting with President Erdogan on September 25th.<\/li>\n<li><strong>Merck (<a href=\"\/stock\/MRK\">MRK<\/a>) secured US FDA approval<\/strong> for Keytruda Qlex, a new subcutaneous formulation of its blockbuster cancer therapy.<\/li>\n<li>President Trump is also expected to sign an order as soon as Friday, potentially adding a <strong>new $100,000 fee for H-1B visas<\/strong>.<\/li>\n<\/ul>\n<p>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) saw its shares climb by <strong>3.4%<\/strong> today following reports that the tech giant is ramping up production of its more affordable iPhone 17 model. The company has reportedly instructed at least two suppliers to increase the daily production of the standard iPhone 17 by a substantial <strong>30% or more<\/strong>, according to a report from The Information. This acceleration in production suggests a strategic move to meet anticipated demand for a more budget-friendly version of its flagship smartphone. <em>The surge in Apple&#39;s stock reflects investor confidence in the company&#39;s ability to capture a broader market segment with its diversified iPhone offerings.<\/em><\/p>\n<p>In Washington, the <strong>US Senate confirmed former Trump National Security Adviser Mike Waltz<\/strong> to the position of Ambassador to the United Nations. The bipartisan vote on Friday filled the last vacancy in President Donald Trump&#39;s Cabinet after eight months of delays. This appointment marks a significant diplomatic move for the administration, coming days before world leaders gather for high-level meetings at the U.N. General Assembly.<\/p>\n<p>Meanwhile, President Trump revealed that the US is actively working on numerous <strong>trade and military deals with Turkey<\/strong>. These discussions include a potential large-scale purchase of <strong>Boeing (<a href=\"\/stock\/BA\">BA<\/a>) aircraft<\/strong>, a major F-16 deal, and a continuation of F-35 talks. President Trump is scheduled to host Turkish President Erdogan at the White House on September 25th to further these negotiations. <em>These potential deals could have substantial implications for the aerospace and defense sectors, particularly for Boeing.<\/em><\/p>\n<p>In the pharmaceutical sector, <strong>Merck (<a href=\"\/stock\/MRK\">MRK<\/a>) announced it has received US FDA approval<\/strong> for Keytruda Qlex, a new subcutaneous (sub-Q) formulation of its highly successful cancer immunotherapy, Keytruda. This new version, pembrolizumab and berahyaluronidase alfa-pmph, offers a more convenient administration option for adult and pediatric patients (12 years and older) with solid tumor indications.<\/p>\n<p>Separately, a White House official indicated that President Trump is set to sign a proclamation as soon as Friday. This order is expected to extensively overhaul the H-1B visa program by adding a <strong>new $100,000 fee for applications<\/strong>. This move aims to curb overuse of the program and could significantly impact companies relying on skilled foreign workers.<\/p>\n<p>The European Union has also sent a letter to Italy, seeking clarifications on its proposed \u20ac13.5 billion bridge plan linking Sicily to the mainland. Regulators are pressing the Italian government for more information regarding the project&#39;s environmental impact.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Apple (AAPL) shares surged 3.4% today as the company reportedly accelerated production of its more affordable iPhone 17 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[5556,225,5697,1067,5775,3767,5833,4180,6181,4431,6764,4824,10478,11086,5031,11087,5043,11088,5189],"class_list":["post-53350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-merck","tag-aapl","tag-turkey","tag-mrk","tag-pharmaceuticals","tag-ba","tag-fda","tag-trump","tag-apple","tag-trade-deals","tag-us-senate","tag-geopolitics","tag-iphone-17","tag-un-ambassador","tag-us-politics","tag-keytruda","tag-technology","tag-h-1b-visas","tag-boeing"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=53350"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=53350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=53350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=53350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}