Top Midday Stories: Trump Says US May Attack Iran Again; Apple Signs $30 Billion Deal With Broadcom for US-Made Chips

All three major US stock indexes were down in late-morning trading Wednesday, as hostilities re-escalated in the Middle East, sending oil prices surging and raising the risk of a return to all-out war between the US and Iran. President Donald Trump said the US may attack Iran again on Wednesday, The US military had struck Iranian targets in response to Iran's attacks on three commercial ships transiting the Strait of Hormuz, which elicited retaliation on US military sites in Bahrain and Kuwait. President Donald Trump said the ceasefire with Iran was "over" during a news conference at a NATO summit in Ankara, Turkey. In company news, Apple (AAPL) said Wednesday that Broadcom (AVGO) will produce chips to be used in its products in a deal likely worth more than $30 billion. Broadcom will manufacture more than 15 billion chips in the US, Apple said. The deal will allow Broadcom to invest $1.5 billion to expand its manufacturing facilities in Fort Collins, Colorado. Apple shares were marginally lower, while Broadcom shares were up 4.1% around midday. Jeff Bezos' Blue Origin is raising about $10 billion in its first external funding round, valuing the rocket.