Apple, Qorvo, Celestica: Trending Stocks

October 28, 2025

As Apple (AAPL) closes in on a $4 trillion valuation, stocks of suppliers see big moves, with Skyworks (SWKS) and Qorvo (QRVO) joining forces, and Foxconn (2354.TW, 0FJ.F, 0FJ.SG, 0FJ.DU, FXCOF) investing in AI. Talk of a merger between Paramount Skydance (PSKY) and Warner Bros Discovery (WBD) continues. Investors looking for new AI plays increasingly turn to Celestica (CLS, CLS.TO, CTW0.F, CLS.NE, CTW0.MU), following strong Q3 earnings. And the chair of Tesla (TSLA) warns shareholders that Elon Musk may leave if they don’t approve his $1 trillion package.

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Now, it’s time for today’s trending tickers. Well we start with a look at Apple and companies that operate in its orbit.

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The big question today is whether Apple will hit that exclusive $4 trillion mark.

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Obviously, that can only happen if the iPhone maker extends its gains into today’s session, and for now, it doesn’t seem to be the case.

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The stock has been propped up lately by the strong performance of the new iPhone 17.

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But we are also looking at Apple suppliers this morning.

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Skyworks Solutions, which supplies radio frequency chips for Apple and other phone makers, is in talks to acquire Qorvo in an 8 billion dollar deal.

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That’s according to the information.

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As you can see here, shares of Corva are going strong in pre-market, while its potential buyer is in the red.

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On to another key Apple supplier now. Foxconn shares are rising after the company approved an investment of up to 1.37 billion to build a new AI supercomputing center.

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Like other hardware suppliers around the world, the iPhone manufacturer is investing heavily into the AI game.

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Moving on to media, and the potential tie-up between Paramount Global and Warner Discovery has been the talk of Wall Street for a few weeks now.

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In the latest update from Bloomberg, we learned that Paramount would keep most of Warner intact if the two companies merge, bringing names like HBO and Paramount Plus under one roof.

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The stocks aren’t moving that much this morning, but if you take a step back, you can see that Warner shares are up 145% in six months, getting a boost from these takeover talks.

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Okay, next up, a name you may have never heard of, but you should look into if you’re looking for the next artificial intelligence play beyond the Mega caps.

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It’s up 250% in six months and counting.

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The company name, Celestica.

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The major Canadian electronic maker is up more than 8% after a strong performance in yesterday’s session.

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The reason for the rally, a strong Q3 beat.

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And finally, what would Tesla do without Elon Musk?

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It’s a big question for shareholders this morning.

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The electric car maker is trading almost flat after closing up more than 4.3% yesterday.

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Tesla’s chair, Robin Denholm, asked shareholders to approve Elon’s 1 trillion dollar package when they vote in a few days.

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She warned them that if Musk doesn’t get the package, he may just leave the company.

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