Apple on Thursday reported a smaller than expected decline in quarterly revenue, and Chief Executive Tim Cook told Reuters the company expects a return to sales growth in the current quarter as it invests in AI features to be unveiled in the coming months. Shares of Apple rose almost 3% in extended trade after the report. Apple's stock has fallen 10% so far in 2024, underperforming the S&P 500's 6% rise.
Apple reported better than expected Q2 earnings, as iPhone sales fell 10% year-over-year.
The vote comes after months of disagreements over the role of the senate, and a vote from the board of trustees last week that will restructure the university’s governance.