The company also showcased a new Apple Watch and AirPods that can reduce noise at concerts or near construction sites.

The company showed off several impressive hardware features at its Glowtime event, but shared little news on the AI features they will eventually support.

The iPhone 16 and 16 Plus will be available in new colors and get a customizable Action button that had been available only on higher-end models, Apple said during a presentation Monday. There’s also a more powerful chip and a new Camera Control button that lets users snap pictures and access camera functions.

Shares of Apple Inc. rose 3.71% to $228.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.51% to 18,013.98 and the Dow Jones Industrial Average rising 1.

Apple stock jumped along with other tech shares Thursday, as markets cheered the Federal Reserve’s big interest-rate cut. Still, one strong day for the iPhone maker shouldn’t cloud the uncertainty ahead.

Apple went public in December 1980 at $22 per share. Like pretty much any stock over a nearly 45-year period, Apple stock has climbed and crashed severa