Five Things You Need to Know to Start Your Day

Apple posts another quarter of falling sales. Trump denies conspiracy to obstruct election. Hong Kong grants first crypto retail licenses. Here’s what you need to know today.

Apple posted its third straight quarter of declining sales and predicted a similar performance in the current period, hurt by an industrywide slump that has sapped demand for phones, computers and tablets. Meanwhile, Amazon.com shares gained after it gave a sales outlook that topped estimates on a strong performance from its main e-commerce business. The company projected revenue in the current quarter will be $138 billion to $143 billion, compared with analysts’ average projection of $138.3 billion. Since taking the reins two years ago, CEO Andy Jassy has slashed jobs, reined in spending and continued to invest in the core businesses.