"Apple and Goldman's iPhone Stock-Trading Feature Derailed by Market Turmoil"

Apple and Goldman Sachs were reportedly working on a stock-trading feature for iPhones in 2020, but the project was shelved due to market volatility. The feature would have allowed consumers to buy and sell stocks, expanding Apple's suite of financial products powered by Goldman. Concerns about potential user backlash and losses in the stock market led to a shift in focus towards launching savings accounts instead. The status of the stock-trading project is unclear, but the infrastructure is said to be ready if Apple decides to move forward. Other tech companies, including Twitter and PayPal, have also explored entering the stock trading space.