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Apple stock has taken a hit due to reports of a component shortage that could impact iPhone 13 sales

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KEY POINTS Parts of YouTube are moving to the Google Cloud Platform, said Thomas Kurian, the leader

Global stocks hit record highs on Friday and U.S. futures were steady as a string of positive economic figures from America and China highlighted the strength of the recovery. Oil gained.At 04:12 a.m. ET, Dow E-minis were up 7 points, or 0.02%, S&P 500 E-minis were down 3 points, or 0.07% and Nasdaq 100 E-minis were down 41.25 points, or 0.29%.Xpeng rose more than 1%. XPeng establishes a long-term strategic partnership with Zhongsheng Group to further accelerate the Smart EV adoption in China.

Global stocks hit record highs on Friday and U.S. futures were steady as a string of positive economic figures from America and China highlighted the strength of the recovery. Oil gained.At 04:12 a.m. ET, Dow E-minis were up 7 points, or 0.02%, S&P 500 E-minis were down 3 points, or 0.07% and Nasdaq 100 E-minis were down 41.25 points, or 0.29%.Xpeng rose more than 1%. XPeng establishes a long-term strategic partnership with Zhongsheng Group to further accelerate the Smart EV adoption in China.