Tech stocks today: Apple kicks off new era Wednesday, Anthropic S1 watch

September 8, 2026

LIVE Updated Today at 1:31 PM UTC

Daniel Howley · Technology Editor

Updated 1 min read

Tech stocks kicked off the holiday shortened weak lower on Tuesday, as the Nasdaq fell 0.14%. On Wednesday, Apple (AAPL) will enter a new era as CEO John Ternus hosts his first iPhone event at the company’s headquarters in Cupertino, Calif.

Ternus took over from former CEO Tim Cook on Sept. 1 and he’ll have some rather large shoes to fill after Cook helped turn Apple into a $4.6 trillion behemoth.

The company is widely expected to debut its first foldable iPhone during the presentation, as well as its iPhone 18 Pro and Pro Max models and the Apple Watch Series 12 and Ultra 4.

Elsewhere, Wall Street is waiting with bated breath for Anthropic (ANTH.PVT) to publicly drop its S1 investing prospectus. The filing with the Securities and Exchange Commission will provide potential investors with their first look at the AI startup’s financials and outlook, as well as more information about its data center spending.

Rumors have swirled that the paperwork could come as early as this week, though more recent rumblings point to October.

LIVE 1 update

Apple will kick off a new era on Wednesday when CEO John Ternus takes the stage for the first time for the company’s annual iPhone launch event.

Ternus, who took over from former CEO Tim Cook on Sept. 1, is widely expected to oversee the debut of Apple’s first foldable iPhone, as well as upgrades to its iPhone 18 Pro models and Apple Watch lineup.

Apple CEO John Ternus will host his first iPhone launch event on Wednesday. (Foto AP/Bebeto Matthews, Archivo) · ASSOCIATED PRESS

According to Bloomberg’s Mark Gurman, the foldable iPhone will offer the same styling as other leading foldables, such as those from Samsung, though it will also carry a hefty price tag that could eclipse the $2,000 mark.

Samsung’s Galaxy Z Fold 8, which features a passport-like design, starts at $1,899, while its higher-end Z Fold 8 Ultra starts at $2,099.

A foldable iPhone could draw considerable interest from customers looking for something different from the standard candy-bar-style phone.

And though the price may turn off many, the foldable’s high price could make it worthwhile for the company if even a fraction of its loyal supporters buy it.

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