Apple shares are trending Monday after it filed a blockbuster federal lawsuit on Friday, alleging OpenAI stole its trade secrets.

Apple alleges former employees took confidential designs, supplier information, and engineering files before joining OpenAI.

Apple has filed a lawsuit against OpenAI today, accusing the company of trade secret theft. Specifically, Apple alleges that its...

Apple is concerned that OpenAI used the stolen confidential information to "jumpstart its hardware efforts," per the 41-page lawsuit.