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Apple and Amazon are scheduled to report earnings Thursday after the market close.

As I write this, our recent stock performance has been positive, but we constantly remind ourselves of an important point – as I frequently quote famed investor Benjamin Graham in our employee all-hands meetings – “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” We don’t celebrate a 10% increase in the stock price like we celebrate excellent customer experience. We aren’t 10% smarter when that happens and conversely aren’t 10% dumber when the stock goes the other way. We want to be weighed, and we’re always working to build a heavier company.

Ardern's return to power on the weekend came after an overwhelming vote of confidence in her leadership. On Sunday morning, Ardern and her Labour Party had won 64 seats in the 120 seat Parliament, with 96 percent of the votes counted.

As Peter Varghese, the former head of the Department of Foreign Affairs and Trade and now chancellor of the University of Queensland, observed in August last year: "For Australia, there is no sensible alternative to engaging China.… The notion that global technology supply chains can be divided into a China-led system and a US-led system is both economic and geopolitical folly."

Apple last year re-hired Doug Field, an Apple veteran who was serving as Tesla's engineering chief, to work on Project Titan. The project has about 1,200 people, according to a count in court documents.