Five Things You Need to Know to Start Your Day

Apple closes in on $3 trillion valuation. JPMorgan agrees to settle Epstein victim lawsuit. First El Niño in four years threatens the world. Here’s what you need to know today.

Apple shares closed at an all-time high, putting the company within striking distance of achieving a historic $3 trillion valuation. Shares rose 1.6% to end the session at $183.79 — bringing the tech giant’s gain to 41% this year. The new high comes less than a week after Apple unveiled new products including its Vision Pro headset, with high hopes it will become the next smash hit. The release of the Vision Pro has already got people wondering what the world will look like with hordes of people wandering around wearing augmented-reality goggles. Here’s what that collision of digital and physical spaces might mean for our cities.