Apple stock rises after falling Thursday by the most since August, Alphabet stock is up after the Supreme Court upholds a ban on TikTok, and Qorvo stock jumps after activist Starboard Value amasses a large stake in the chip maker.

Key Takeaways U.S. equities were higher at midday Friday as positive reports on inflation raised investor optimism for more Federal Reserve rate cuts ahead.Intel shares gained after a report that the large U.

Apple stock edges higher after falling Thursday by 4%, the most since August, while Qorvo stock jumps following a report that activist Starboard Value has amassed a large stake in the chip maker.