apple risks losing
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Apple risks losing $500 billion in market value

The renowned and highly valued technology company Apple is facing the risk of losing its status as the world’s most valuable company.

According to media reports, Apple’s supply chain could be affected due to the AI chip crisis.

Analysts say that slower-than-expected growth in the company’s services business along with pressure on its supply chain has further increased concerns among investors.

Meanwhile, weaker financial forecasts have dealt a major blow to Apple.

According to the British news agency, Apple’s shares fell by around 10% on Friday raising concerns that the company’s market value could decline by approximately $500 billion.

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    Pakistan will respond if India threatens water rights: PM Shehbaz

    ISLAMABAD: Prime Minister Shehbaz Sharif has warned that Pakistan will not compromise on its water rights, describing every drop of the country’s water as a “red line” and cautioning India against any move that threatens Pakistan’s sovereignty, security or access to water. Addressing a ceremony in Islamabad following the inauguration of a monument commemorating Pakistan’s recent military success, the prime minister said India had demonstrated its disregard for regional peace by unilaterally suspending the Indus Waters Treaty. He said Pakistan desired peace and stability in the region but would not interpret its commitment to peace as a sign of weakness. “Pakistan stands for peace with honour and dignity,” the prime minister said, adding that the country had emerged as a factor of stability in the region. Referring to the military confrontation with India in May 2025, Shehbaz Sharif praised the armed forces for their role and said the country’s response had demonstrated Pakistan’s determination to defend its territorial integrity and national interests. The prime minister specifically commended Field Marshal Syed Asim Munir for his leadership, while also highlighting the contributions of the Pakistan Air Force and Pakistan Navy under their respective chiefs. He said the performance of the armed forces during the conflict had become a lasting part of the country’s history and represented a victory not only for the military but for the entire Pakistani nation. “This victory belongs to the people of Pakistan and its armed forces,” he said, describing the achievement as a source of national pride. Shehbaz Sharif maintained that Pakistan did not seek confrontation with any country. However, he stressed that Islamabad would respond firmly if its sovereignty or security were challenged in the future. He said the events of May 2025 had sent a clear message to the international community about Pakistan’s military capabilities and national resolve. According to the prime minister, the conflict had significantly strengthened Pakistan’s standing and demonstrated that any attempt to undermine the country’s sovereignty would carry serious consequences. Turning specifically to the water dispute, Shehbaz Sharif criticised India’s decision to suspend the Indus Waters Treaty, calling the move unilateral and unlawful. He warned that Pakistan’s water resources could not be treated as a bargaining tool and said Islamabad would defend its water interests. “Every drop of Pakistan’s water is a red line,” the prime minister declared, warning that if India failed to reconsider its position, Pakistan would respond directly. The prime minister’s remarks come amid heightened tensions between the two nuclear-armed neighbours, with water rights emerging as a particularly sensitive issue alongside longstanding disputes over security and regional stability. Shehbaz Sharif reiterated that Pakistan preferred dialogue and peace but would remain prepared to protect its national interests. He said the country’s policy was based on maintaining peace without compromising dignity, sovereignty or security. He further said the lessons of the May 2025 confrontation should not be forgotten and warned that any future miscalculation against Pakistan would invite a stronger response.

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At the same time, the United States appears to be adopting a more cautious approach toward Iran. Tehran, however, continues to link the reopening of the Strait of Hormuz to major concessions from Washington.

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