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Top Stock Movers Now: Apple, FedEx, Lennar, and More

1. AAPL shares climbed as iPhone 17 launched globally. 2. Major indices are on track to close the week at new highs. 3. FedEx shares rose after beating profit and sales estimates. 4. Lennar posted disappointing quarterly results, impacting housing market sentiment. 5. Market dynamics involved mixed performances among tech and retail stocks.

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FAQ

Why Bullish?

The launch of iPhone 17 signifies potential revenue boosts for AAPL, similar to past product launches.

How important is it?

The new product's launch directly ties to AAPL's sales success, bolstering investor confidence.

Why Short Term?

Immediate sales impact from iPhone 17 will affect Q4 earnings, historically seen with new iPhone launches.

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