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Tim Cook Steps Down as Apple CEO, Amazon Expands Anthropic Partnership

The Rundown

About this episode

Market update for Tuesday April 21, 2026

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In today’s episode:

  • March retail sales come in stronger than expected as consumers keep spending
  • Tim Cook steps down as Apple CEO, with hardware chief John Ternus set to take over
  • Amazon expands its partnership with Anthropic in a massive new AI infrastructure deal
  • UnitedHealth rallies after a strong earnings report and improved medical cost trends
  • Alaska Air drops after suspending guidance due to soaring jet fuel costs
  • Plus, why older Americans now own a growing share of the U.S. stock market

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Tim Cook Steps Down as Apple CEO, Amazon Expands Anthropic Partnership

The Rundown

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