Critics may sneer at the iPhone 17 Pro’s fluorescent orange finish, but Apple’s “Cosmic Orange” smartphone seems to be dazzling where it counts — in sales and shares.

The newest iPhone 17 series, which includes the base iPhone 17 and its overachieving Pro and skinny Air siblings — that come in colors other than orange, to be clear — has been outselling its predecessor in the U.S. and China, according to Counterpoint Research. In China, the iPhone Air reportedly sold out within minutes of going on sale, per the South China Morning Post.

Investors noticed. Shares of Apple popped nearly 4% on the news and closed at an all-time high. That must be welcome news for CEO Tim Cook and investors for a stock that’s been trailing its Magnificent 7 peers. That brings Apple’s year-to-date gains to around 5%, compared with Nvidia’s 36% and 25% for Meta.

Another member of the Mag 7, however, had a bumpy Monday. Amazon’s cloud arm, Amazon Web Services, suffered an outage that took down sites such as Reddit and Snapchat, plunging millions, including yours truly, into existential crises. Still, Amazon shares managed to climb around 1.6%.

U.S. markets also rose more broadly, with major indexes ending Monday in the green. This week, investors will be keeping their eye on the U.S.’ trade developments with China as well as earnings reports from companies such as Netflix, Tesla and Intel — a mix that could make the next few days almost as colorful as Apple’s latest phone.

U.S. signs minerals agreement with Australia. The deal, announced Monday, includes projects worth up to $8.5 billion, including developing rare earths processing in Australia. Shares of Australia’s rare earths companies surged on Tuesday following the news.

Japan has its first female prime minister. Sanae Takaichi, leader of the Liberal Democratic Party, made history after winning a parliamentary vote on Tuesday. An agreement between the Japan Innovation Party and the LDP over the weekend paved her way forward.

Apple shares hit record on strong iPhone sales. The latest iPhone 17 series has outsold the previous generation by 14% in the U.S. and China within its first 10 days of availability, according to data from Counterpoint Research .

U.S. markets climb on positive sentiment. All three major U.S. indexes jumped more than 1% on Monday amid hopes that the government shutdown will end. Asia-Pacific stocks rose Tuesday, with South Korea’s Kospi hitting its sixth consecutive record high.

[PRO] Fund managers betting against the pound. Their moves come as U.K. Finance Minister Rachel Reeves prepares to unveil the country’s Autumn Budget amid concerns over the country’s economic outlook.