Investors are drawing a harsh line between hardware and software, severely punishing Apple for supply chain vulnerabilities despite a 22% jump in iPhone sales, while richly rewarding Amazon's cloud growth. Meanwhile, a confirmed acceleration in global warming to 0.35°C per decade is rendering legacy climate models obsolete, forcing a massive repricing of risk across insurance and global infrastructure. • Potsdam Institute confirms global warming has accelerated to 0.35°C per decade, warning that legacy climate models are now too conservative. • Apple stock tumbles 6% despite beating revenue expectations, driven by warnings over memory chip costs and supply chain bottlenecks. • Amazon shares surge 10% on AWS growth, highlighting the market's preference for high-margin cloud infrastructure over physical hardware. • Markets brace for SpaceX's first-ev ...