AP Top Business News at 11:16 a.m. EDT

Major oil companies reap massive profits as US and Iran fighting drives energy prices higherAnthropic says its AI models hacked 3 organizations during testingNew York sues prediction market platform Kalshi alleging 'illegal gambling operation'US stocks swing as Amazon leaps, Apple sinks and rising oil prices add to worries about inflationSocial media companies sued over deaths of four teens as pressure, lawsuits over child safety mountAmazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsEU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsImmigration crackdown threatens Haitian caregivers and the seniors who rely on themStrong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectationsUS economy grows