11:39 AM EDT, 09/19/2025 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Friday after notching new all-time highs in the previous session.

In company news, Apple's ( AAPL ) iPhone 17 sales opened to strong demand for its Pro models, media outlets reported. Across Japan, Hong Kong, Singapore, China, Australia and New Zealand, people queued up to pick up pre-booked models, while only iPhone Air was available on shelves, Bloomberg added. Apple ( AAPL ) shares were up 1.7%.

FedEx ( FDX ) reported overnight that its fiscal Q1 non-GAAP net income rose to $3.83 per diluted share from $3.60 and revenue climbed to $22.24 billion from $21.58 billion a year earlier. For fiscal 2026, FedEx ( FDX ) expects EPS of $14.20 to $16.00 before the mark-to-market retirement plans accounting adjustments on 4% to 6% revenue growth. The company also said it remains on track to spin off FedEx Freight by June 2026. FedEx ( FDX ) shares were up 2.8%.

Hess Midstream ( HESM ) said overnight that Q3 net income and adjusted EBITDA are expected at the lower end of its previous guidance range, and full-year 2025 net income and adjusted EBITDA are now expected to be in the lower half of the previous guidance range. Hess also said it now expects "relatively flat" adjusted EBITDA in 2026 compared with 2025. Hess shares were down 9.4%.

Lennar ( LEN ) reported overnight that its fiscal Q3 adjusted earnings slid to $2.00 per diluted share from $3.90 and revenue fell to $8.81 billion from $9.42 billion a year earlier. The company expects Q4 new orders of 20,000 to 21,000. The numbers provided by the company trailed analysts' estimates. Lennar ( LEN ) class A shares were down about 3%, while class B shares fell 2.1%.

Alphabet's (GOOG, GOOGL) Google ( GOOG ) will meet the European Union's November deadline to propose changes to its advertising technology business following a $3.5 billion fine, but won't provide a full breakup that was previously requested by the EU and company rivals, Bloomberg reported Friday, citing people familiar with the matter.

The plan won't include a sale of Google's ( GOOG ) Ad Manager, the AdX exchange and DoubleClick for Publishers, despite European regulators previously flagging divestment as the only way to ensure fair competition, the report said. The fine, raised by 60% for repeat violations, lifted Google's ( GOOG ) EU antitrust bill to almost 10 billion euros ($11.75 billion) in a decade and the company has vowed to appeal the penalty, Bloomberg reported. Google ( GOOG ) and the European Commission did not immediately respond to MT Newswires' request for comment.

Alphabet class A and C shares were both up 0.2%.

Price: 242.11, Change: +4.23, Percent Change: +1.78