{"id":55211,"date":"2025-10-28T10:09:44","date_gmt":"2025-10-28T14:09:44","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/"},"modified":"2025-10-28T10:09:44","modified_gmt":"2025-10-28T14:09:44","slug":"market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/","title":{"rendered":"Market Movers: Apple Hits $4 Trillion, Canada Eyes Critical Mineral Deals, UniCredit Shifts Assets"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#Key_Takeaways\" >Key Takeaways<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#Apple_Reaches_Historic_4_Trillion_Valuation\" >Apple Reaches Historic $4 Trillion Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#Canada_Forges_Critical_Mineral_Alliances_with_G7_Eyes_Price_Floors\" >Canada Forges Critical Mineral Alliances with G7, Eyes Price Floors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#UniCredit_Shifts_Asset_Management_Strategy_from_Amundi\" >UniCredit Shifts Asset Management Strategy from Amundi<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#Trump_to_Meet_Uzbek_President_Amid_Central_Asian_Summit\" >Trump to Meet Uzbek President Amid Central Asian Summit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#US_Conducts_Lethal_Strikes_on_Drug_Trafficking_Vessels\" >U.S. Conducts Lethal Strikes on Drug Trafficking Vessels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-movers-apple-hits-4-trillion-canada-eyes-critical-mineral-deals-unicredit-shifts-assets\/55211\/#BP_Whiting_Refinery_Reports_Flaring\" >BP Whiting Refinery Reports Flaring<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) has achieved a historic market capitalization of $4 trillion for the first time<\/strong>, driven by robust demand for its new iPhone 17 and iPhone Air models.<\/li>\n<li><strong>Canada is actively pursuing deals with G7 countries to secure critical mineral supplies<\/strong>, with its Natural Resources Minister confirming plans for minimum pricing to ensure fair value and counter market manipulation.<\/li>\n<li><strong>UniCredit is reportedly ending its asset management relationship with Amundi<\/strong>, planning to pull all client money by mid-2027 and incurring penalties while hiring Amundi staff.<\/li>\n<li><strong>U.S. President Donald Trump is scheduled to meet with Uzbek President Shavkat Mirziyoyev on November 6<\/strong> as part of a C5+1 summit focused on strengthening ties with Central Asian nations.<\/li>\n<li><strong>The U.S. Defense Secretary announced three lethal strikes on four vessels in the Eastern Pacific<\/strong> involved in narcotics trafficking, as part of an intensified campaign against drug cartels.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Apple_Reaches_Historic_4_Trillion_Valuation\"><\/span>Apple Reaches Historic $4 Trillion Valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>)<\/strong> has made history by reaching a <strong>$4 trillion market capitalization<\/strong> for the first time, a significant milestone for the technology giant. This surge is largely attributed to strong demand for its latest <strong>iPhone 17<\/strong> and <strong>iPhone Air<\/strong> models, with iPhone 17 sales reportedly outperforming its predecessor by <strong>14%<\/strong> in the U.S. and China. The company&#39;s services revenue is also projected to hit <strong>$100 billion<\/strong> for the first time, further bolstering its financial performance. Apple now joins <strong>Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> and <strong>Microsoft (<a href=\"\/stock\/MSFT\">MSFT<\/a>)<\/strong> as one of only three companies to achieve this valuation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Canada_Forges_Critical_Mineral_Alliances_with_G7_Eyes_Price_Floors\"><\/span>Canada Forges Critical Mineral Alliances with G7, Eyes Price Floors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Canada&#39;s Natural Resources Minister announced that the country is preparing to sign several deals with <strong>G7 nations<\/strong> to secure vital critical minerals. The strategy includes exploring the implementation of <strong>minimum pricing (pricing floors)<\/strong> for these minerals to prevent market interference and ensure their value, particularly in response to perceived manipulation from dominant suppliers like China. <em>This initiative aims to bolster global supply chain security and support investment in crucial resources for the energy transition and advanced manufacturing.<\/em> Canada aims to lead this effort, building on the Critical Minerals Production Alliance established earlier this year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"UniCredit_Shifts_Asset_Management_Strategy_from_Amundi\"><\/span>UniCredit Shifts Asset Management Strategy from Amundi<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the financial sector, <strong>UniCredit<\/strong> is reportedly undertaking a significant shift in its asset management strategy. The bank is said to be hiring staff from <strong>Amundi<\/strong> and plans to withdraw all client money from Amundi by <strong>mid-2027<\/strong>. This move is expected to reduce assets managed by Amundi to nearly zero by the contract&#39;s end, with UniCredit incurring penalties in the process.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Trump_to_Meet_Uzbek_President_Amid_Central_Asian_Summit\"><\/span>Trump to Meet Uzbek President Amid Central Asian Summit<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>U.S. President <strong>Donald Trump<\/strong> is scheduled to meet with <strong>Uzbek President Shavkat Mirziyoyev<\/strong> on <strong>November 6<\/strong> in Washington. This meeting will occur as part of a <strong>C5+1 summit<\/strong>, bringing together leaders from Central Asian nations including Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. <em>The summit is aimed at fostering stronger diplomatic ties, addressing regional security challenges, and advancing economic cooperation in the resource-rich Central Asian region.<\/em><\/p>\n<h3><span class=\"ez-toc-section\" id=\"US_Conducts_Lethal_Strikes_on_Drug_Trafficking_Vessels\"><\/span>U.S. Conducts Lethal Strikes on Drug Trafficking Vessels<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>U.S. Defense Secretary <strong>Pete Hegseth<\/strong> announced that the United States has carried out <strong>three lethal strikes on four vessels<\/strong> in the <strong>Eastern Pacific<\/strong> involved in narcotics trafficking. These strikes, authorized by President Trump, are part of an intensified campaign against drug cartels, which Hegseth compared to terrorist organizations. In one incident, <strong>14 out of 15 &quot;narco-terrorists&quot;<\/strong> on board were killed, bringing the total death toll from such operations to at least <strong>37<\/strong> since last month.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"BP_Whiting_Refinery_Reports_Flaring\"><\/span>BP Whiting Refinery Reports Flaring<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>BP (<a href=\"\/stock\/BP\">BP<\/a>)<\/strong> reported that its <strong>Whiting, Indiana refinery<\/strong> experienced flaring last night, which was associated with maintenance activities. The Whiting refinery, with a capacity of <strong>440,000 barrels per day<\/strong>, is the largest in the U.S. Midwest. <em>Such operational events are typically managed to ensure safety and can sometimes be linked to maintenance or other operational conditions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Apple (AAPL) has achieved a historic market capitalization of $4 trillion for the first time, driven by robust 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