Apple stock declined due to regulatory scrutiny and industry headwinds.Antitrust investigations by US and European authorities are intensifying.Market concerns exist regarding AI investments and smartphone market decline.

SpaceX is targeting filing confidentially for an initial public offering as soon as next month, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite company moves forward with plans for the biggest-ever listing.

Wachtell Lipton-advised OpenAI said Friday that it has completed a $110 billion funding round that values the artificial intelligence platform and research company at $730 billion, with a $50 billion contribution from Amazon and $30 billion each from Nvidia and SoftBank.