Apple’s AI software in Chinese available only next year Chinese criticise iPhone 16’s lack of AI Analysts say AI absence will not impact near-term sale Apple’s new iPhone launch drew scorn on Tuesday for its lack of artificial intelligence features in China, a challenge for the U.S. giant as it battles growing competition from Huawei Technologies in the world’s largest smartphone market. Apple has yet to announce an AI partner in China to power the 16s, and Apple Intelligence, the company’s AI software, will be available in Chinese language only next year. The iPhone 16 and 16 Plus will cost the same as models they replace. In China, Apple aggressively slashed prices earlier this year, as government restrictions on the use of foreign-branded phones and increased domestic competition weighed on its smartphone sales. “Whether iPhone 16 has AI or not doesn’t affect me, because I’m going to buy Huawei’s tri-fold phone,” one Weibo user wrote, underscoring the growing popularity of Huawei’s latest models in China that helped it replace Apple as the country’s No.3 smartphone vendor in the second quarter. submitted by /u/Ankle_be [link] [comments]
Month: September 2024
MarketWatch: GameStop is ‘still a squeezable stock’ and could be poised for post-earnings rally. Videogame retailer and original meme stock GameStop reports second-quarter results after market close Tuesday
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WSJ:Believers in the venerable 60/40 portfolio should be permitted a victory lap: As the S&P 500 delivered a negative 5.1% return. A portfolio consisting of 60% U.S. equities and 40% 10-year Treasurys lost only 2.6%. The 4.2% stock drawdown that happened last week translated into only a 1.9% loss.
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Cripto News:Ethereum Foundation Sells ETH, Sparking Crypto Community Buzz.The foundation has sold 550 ETH worth around $1.28 million, including a significant transaction of 450 ETH for approximately $1.029 million in DAI. ETH is trading at $2,344.44, up 2.00% a daily trading volume of $15.04 billion
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BWT Are there any other fearless ideological optimists, besides me, who bought GME in June at 35? @TheRoaringKitty, now is the time
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Almost everything you need to know about yesterday’s presentation of new Apple gadgets
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UK Labour Market (Jul)
Unemployment Rate: 4.1% vs. 4.1% exp. (prior 4.2%) Avg Earnings – inc. bonus (3MoY): 4.0% vs. 4.1% exp. (prior 4.5%) Avg Earnings – ex. bonus (3MoY): 5.1% vs. 5.1% exp. (prior 5.4%) submitted by /u/XGramatik [link] [comments]
Better to anticipate the market by looking at it exactly like this
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Chris Weston, Pepperstone: US Election Dashboard – As we look ahead to the 1st debate between Harris and Trump, here’s how things stand given prediction sites probability, average national polling and in the key battleground states.
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XRP enthusiast says XRP will soon enter an unending upward trajectory in price and called on to buy the dip.XRP and other cryptocurrencies have been dumped considerably recently, putting bulls in jeopardy. However,XRP proponents have remained bullish insisting that the asset would soar exponentially
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Kalshi just legalized trading on elections in the U.S. For the first time in 100 years, Americans will have access to legal election markets at scale. Historic moment for financial markets.
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Bild journalists leaked correspondence between UN Secretary General Guterres and Russian Foreign Minister Lavrov. Guterres proposes lifting the imposed financial sanctions. The head of the UN wants to create a fake bank that will circumvent EU and US sanctions against Russian banks.
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Ferrari stock (RACE) surged 122% in 2023, nearing record highs. Meanwhile, Dollar General (DG) plummeted 65% to a 7-year low, and Dollar Tree (DLTR) dropped 53%, hitting a 4-year low.
The current economic situation is defined by the prosperity of luxury car manufacturers and the struggles of discounters. The wealth gap is widening, and the rich have never been richer than they are now. https://preview.redd.it/szi8i4nr0und1.png?width=864&format=png&auto=webp&s=c3dfa344ebddc2508aeb78e25539b88f6e28f075 submitted by /u/XGramatik [link] [comments]
Sony barely had time to sweep up the confetti from Concord’s launch party – after 8 years and nearly $100 million – before they yanked the game entirely. It flopped so hard that players are getting full refunds and a ‘let’s pretend this never happened’ handshake.
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Elon Musk faces possible summons before United Kingdom parliament over role of 𝕏
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Telegram vs X (Twitter) face the same problems
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PELOSI CONFRONTED: “What stocks should I buy??”
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Trump will save them
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Anticipating Apple’s keynote, here’s some insider info
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Dutch populist leader Geert Wilders has described the European Union as a “monster” that must not be given any more decision-making power by its member states.Rejecting the idea of EU-wide taxation and ever-greater political union, Wilders told CNBC that the region needed less integration, not morе
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Michael Saylor once again boasted about his Bitcoin strategy on CNBC today. The question: does MicroStrategy do anything other than investing in BTC? Saylor had to explain that software development still brings them cash, but their main business today is Bitcoin development! – Damn, is that normal?!
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To the collection of absurdities, we completely forgot to add President Tump’s statement about imposing a 100% tariff on countries that do business in currencies other than the US dollar. Add this to the desire to pay off part of the national debt in crypto and lifting sanctions on Russia.
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Global stocks and bonds hit a record $255 trillion in July, 2.5 times higher than in 2008. Debt securities are now worth $130 trillion, stocks $125 trillion. Over the past 14 years, global stocks have QUADRUPLED, while bonds doubled. This damn bubble just keeps inflating! Congratulations!
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Pepperstone: Friday’s US labour market report did little to clear up the ‘25bp vs. 50bp’ Fed cut debate, leaving markets wanting more easing than is likely to be delivered, potentially posing short-term headwinds to risk. Full thoughts here 👉
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Reuters: Futures start week on upbeat note as soft landing optimism lingers. Futures tied to Wall Street’s main indexes gained on Monday, rebounding from heavy losses last week, as investors are optimistic about soft landing prospects for the U.S. economy ahead of a crucial inflation report later
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Guardian: Here is what will happen on day one of Trump’s presidency, according to Project 2025 | Daniel Martinez HoSang
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Elon Musk: ‘first Starships to Mars will launch in 2 years’.
SpaceX CEO Elon Musk has revealed an ambitious plan to build a human city on Mars within the next few decades beginning with uncrewed Starship voyages in 2026. If all goes well, according to Musk, crewed trips will begin by the end of the decade. https://preview.redd.it/h4pqilgmtrnd1.png?width=950&format=png&auto=webp&s=0d3e5d22c173e753be7bd7f796b35f2538a069a9 submitted by /u/Lor1al [link] [comments]
Praying for more green candles
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Steel, Politics, and a Terminator: Biden’s Battle to Keep US Steel American
Biden has promised to block the sale of a national treasure – US Steel (USSX34.SA) – to the Japanese. Kamala echoes the old man. The freedom of American enterprise ends where the freedom of the American government begins. Meanwhile, the company’s CEO announced that if Nippon Steel doesn’t buy them, he’ll have to shut down several steel plants. And there’s another danger lurking: The Terminator could show up at any moment, and there won’t be any steel left to melt him down! submitted by /u/FXgram_ [link] [comments]
Pepperstone: Markets Demand Clarity. A Trader’s Week-Ahead Playbook: With the Federal Reserve entering a blackout period without a clear policy stance, uncertainty is mounting.
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