Record Money-Market Holdings, iPhone Output and TikTok Investors Lead Sunday News

U.S. markets were closed on Sunday, leaving QQQ and SPY at Friday's closing levels. Investors continued to hold a record $7.7 trillion in money-market funds. Apple reportedly asked contractors to raise entry-level iPhone 17 output by at least 30%, while named U.S. investors emerged for TikTok's U.S. assets. Reports on AI-server substrate capacity, OpenAI's hiring from Apple, Berkshire Hathaway's exit from BYD and the U.S. government's use of its U.S. Steel golden share rounded out the technology and corporate-policy backdrop.