September 3, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Victory For Google And Apple

Please click here for a chart of Apple stock (AAPL).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock. The chart of AAPL stock is being used to illustrate the point.
• The chart shows the jump in AAPL stock this morning.
• The chart shows AAPL stock gapped up above the top band of zone 1 (prior resistance).
• RSI on the chart shows AAPL is overbought.  Overbought stocks are susceptible to a pullback.
• AAPL stock has jumped up on the news that a federal judge ruled Google (GOOG, GOOGL) can continue paying Apple for Google Search to be the Safari default search engine.