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CNN —With another pricey Alzheimer’s disease treatment expected to receive an approval decision soon, the nonprofit Alzheimer’s Association has published the final version of its new diagnostic criteria for the disease. Together with another protein, tau, which makes fibrous tangles that block the communication of nerve cells, they are considered a hallmark of Alzheimer’s disease. “There’s no evidence for it,” said Dr. George Perry, a neurobiologist and editor of the Journal of Alzheimer’s Disease. Two members of the panel were employees of the Alzheimer’s Association, which also takes funding from pharmaceutical companies. Widera says he hopes that in the next round of guidelines, the Alzheimer’s Association will consider the risks involved.
Persons: There’s, , donanemab, , , George Perry, Adriane Fugh, Berman, haven’t, Maria C, Carrillo, Alzheimer’s, It’s, Eric Widera, Widera, it’s, Aduhelm, Karl Herrup, Clifford Jack, ” Jack, “ It’s, Niles Franz, ” Franz, Dr, Sanjay Gupta, Franz, ” Widera Organizations: CNN, Alzheimer’s Association, Food and Drug Administration, FDA, Georgetown University, University of California San, American Geriatrics Society, Abbott Labs, University of Pittsburgh School of Medicine, Mayo Clinic, Nature Medicine, federal National Institute, Aging, Alzheimer’s Association International, National Institute, National Institutes of Health, NIA, Alzheimer’s, National Academy of Medicine, CNN Health, Association Locations: University of California San Francisco
"Nobody really knows, and that uncertainty is uncomfortable," said Lisa Schilling, director of practice research at the Society of Actuaries Research Institute, the research arm of the Society of Actuaries. Longevity risk measures the likelihood someone may live longer than expected and outlive their savings. The tool asks for basic information on either an individual or a couple: age, sex, retirement age, smoking status and a description of their general health — poor, average or excellent. The results aim to provide a "reasonable" estimate of how long you might live, according to the organizations. Health status affects life expectancy projectionsChronic health conditions such as high blood pressure, cardiovascular disease, cancer, diabetes, high cholesterol, tobacco use, obesity or Parkinson's disease reduce an individual's projected life expectancy.
Persons: Lisa Schilling, haven't, Schilling Organizations: Istock, Society of Actuaries Research, Society of Actuaries, HealthView Services, Finance, Social Security Workers, of Actuaries, American Academy, Actuaries, American Academy of Actuaries, Social Security, Social
The study, published this month in the journal Pediatric Research, shows that parents’ screen use is associated with increased adolescent screen time – along with problematic social media, video game and mobile phone use. The data revealed that 72.9% of parents said they use screens around their adolescents. “Even if parents think their kids are not paying attention, the data shows one of the biggest predictors of preteen screen use is what their parents do with screens in front of them,” Nagata said. In the US, the surgeon general has called for warning labels on social media apps to mitigate “significant harms” associated with their use. “There’s going to be a lot more guidance for parents to help their children navigate social media,” Nagata said.
Persons: it’s, Jason Nagata, ” Nagata, Ken Ginsburg, , ” Ginsburg, Nagata, Susan Tomopoulos, , Ginsburg, Dr, Sanjay Gupta, There’s, Ken Ginsburg’s Organizations: CNN, Pediatric Research, University of California, Children’s Hospital of Philadelphia, American Academy of Pediatrics, NYU’s Grossman School of Medicine, Center, Parent, Communication, CNN Health Locations: San Francisco, China,
Read previewIf you're good at your job and have a nice personality, you'll never get promoted. Mary McConner, the founder and CEO of Inclusive Excellence Consulting, told BI this is when high performers get overloaded with work because they are reliable. Advertisement"Unfortunately, performance punishment often leads to burnout and resentment because their good work isn't rewarded with advancement, but with more work," McConner said. Being nice but ballsy can pay offLuke Blaney, the managing director of the recruitment agency ARx, told BI there is "a lot of truth in the whole 'nice guys finish last' saying." She told BI that she thinks the notion of being a tough leader is "completely outdated."
Persons: , you'll, Jacqueline Morris, Morris, jacqueline, Paul Bramson, Bramson, Cameron Anderson, Mary McConner, isn't, McConner, Mary Barnes, Barnes, Lawrence J, Peter, Luke Blaney, aren't, Blaney, it's, Carolina Caro, " Caro, Caro Organizations: Service, Business, Paul Bramson Companies, Universities of, University of Notre Dame, Cornell University, University of Western, National Academy of Sciences, University of California, Consulting, Partners Locations: Universities of Bristol , Minnesota, Heidelberg, University of Western Ontario, Berkeley, Canadian
Why water is the best drink during a heat wave
  + stars: | 2024-06-25 | by ( Katia Hetter | ) edition.cnn.com   time to read: +8 min
We know that keeping hydrated is important to staying healthy in the summer heat, but is water still the best drink during a heat wave? CNN: When it’s really hot outside, is water still the best fluid, or should people turn to sports drinks? Energy drinks are different from sports drinks, which are meant to help you restore water and electrolytes. I urge parents to be careful to distinguish between sports drinks and energy drinks. Sports drinks probably aren’t needed, and, again, it’s advisable for children to avoid energy drinks.
Persons: Leana Wen, Wen, What’s, Frederic J . Brown Organizations: CNN, George Washington University, US Centers for Disease Control, CDC, American Academy of Pediatrics, Getty, Sports Locations: AFP
The fruity energy drink debuts less than two months after bakery-cafe chain Panera Bread announced it was discontinuing its controversial Charged Lemonade, a beverage that lawsuits blamed for two deaths and referred to as a "dangerous energy drink." The Iced Energy comes in three flavors, including its most caffeinated flavor, Tropical Citrus, which has 205 milligrams of caffeine, according to Starbucks' website. Panera started phasing out the Charged Lemonade on May 7, and it has denied any wrongdoing, saying it removed the beverage as part of a broader menu transformation. Except for its Frozen Tropical Citrus Iced Energy with Strawberry Puree, Iced Energy is sugar-free, containing artificial sweeteners. Charged Lemonade and Iced Energy are part of a growing category called "functional beverages" that chains big and small are eager to jump into, according to experts.
Persons: Brian Warrener, Panera, Dunkin, Bull Organizations: Starbucks, Energy, Center for Beverage Education, Innovation, Johnson & Wales University, Consumers, Drug Administration, American Academy of Pediatrics Locations: Providence , Rhode Island, Chicago, Russia, U.S, Coke
Authors of a sweeping new review of research into social media and mental health say there’s still key information missing to know whether prevention programs and interventions will work. In the study, published Monday in the medical journal JAMA Pediatrics, researchers reviewed nearly 150 studies on the relationship between social media and the mental health of adolescents. For Murthy, the urgency of the youth mental health crisis is dominant — and there’s enough evidence to act now. “There are certain benefits, but getting some benefits does not justify forcing kids to endure significant harm.”Still, social media is not the same as cigarettes. “To be clear, a warning label would not, on its own, make social media safe for young people,” he wrote.
Persons: Vivek Murthy, There’s, , Sandro Galea, Murthy, ” Murthy, ” Galea, , Pamela Wisniewski, Jenny Radesky, Dr, Sanjay Gupta, ” Radesky Organizations: CNN, University of Cambridge, Stellenbosch University, National Academies of Sciences, Engineering, Medicine, National Academies, Boston University School of Public Health, New York Times, Vanderbilt University, American Academy of Pediatrics, Excellence, Social Media, Mental Health, CNN Health, Locations: United Kingdom, South Africa
Every paycheck I get goes to Navient," Pucci, 59, told BI. I feel trapped, and this has been so traumatic, especially the last couple of months, it's been really, really difficult." The lender, instead, can decide how it wants to craft a relief process, if at all. AdvertisementBut Linssen's efforts paid off — she got $70,000 in private loans discharged in May. While Nave also eventually got her private loans relieved after filing complaints with the CFPB, she doesn't understand why it has to be this way.
Persons: , Leandro Pucci, Joe Biden's, hasn't, Pucci, it's, " Pucci, Sen, Elizabeth Warren, Holder, Warren, Navient, he's, Julia Barnard, Barnard, Theresa, Christman, Theresa Christman Theresa Christman, Eileen Connor, PPSL, haven't, Connor, I've, Victoria Linssen, Jennifer Nave, Linssen, aren't, Brooks, Victoria, Victoria Linssen Victoria Linssen, Nave, they're, — Navient, Nick Eucker, Eucker Organizations: Service, Art Institute, Business, Joe Biden's Education Department, Navient, Education Department, Consumer Financial, Bureau, Education, BI, International Academy of Design, Technology, Brooks Institute, DeVry University, Victoria Linssen Victoria Locations: Venezuela, California, Navient, Cardona
The multiplier effect of culture in New York is huge both in economic and human terms. But arts funding does not consistently rise to meet it. From one vantage, the city’s cultural funding can look robust. Over the past decade, the money allocated to the Department of Cultural Affairs has increased considerably, as City Hall officials will point out. And at any rate, between 2023 and 2024, the overall budget decreased by $7 million to $241 million, as the migrant crisis required cuts across municipal divisions.
Persons: Mark Morris’s, Burt Bacharach, Shakespeare, Kathleen Chalfant Organizations: Broadway, Brooklyn Academy of Music, Department of Cultural Affairs, City Locations: New York, America, Forest Hills, Queens
CNN —Donald Sutherland, a veteran actor known for roles in “M*A*S*H,” “Klute” and “The Hunger Games,” has died, according to a statement from his agency CAA. “With a heavy heart, I tell you that my father, Donald Sutherland, has passed away,” Kiefer Sutherland, Donald Sutherland’s son, wrote in a post on Instagram Thursday. BeginningsBorn in Saint John, New Brunswick, Sutherland endured several bouts of ill health as a child, including polio. The 6’4” actor met his first wife, Lois Hardwick, in college, and the two married in 1959. He also discussed subtly altering his dialogue, as he put it, to “try to make the lines that I’ve been given fit my mouth.”Jeff Goldblum, Brooke Adams and Donald Sutherland in 1978's "Invasion Of The Body Snatchers."
Persons: CNN — Donald Sutherland, , , Sutherland, Donald Sutherland, ” Kiefer Sutherland, Donald Sutherland’s, J, Paul Getty, Hawkeye Pierce, Jane Fonda, Oscar, Fonda, ” Donald Sutherland, Julie Christie, Nicolas Roeg’s “, Oliver Stone’s “, ” Sutherland, Federico Fellini, “ Fellini’s Casanova, filmgoers, Lois Hardwick, Shirley Douglas, Kiefer, Rachel, Francine Racette, Hugh Grant, ” Jeff Goldblum, Brooke Adams, Max Dugan, John Grisham, Halle Berry, Patrick Wilson, Bass Reeves Organizations: CNN, CAA, , Soviet, Globes, National Lampoon, Lionsgate, Oliver Stone’s “ JFK, University of Toronto, Hollywood, United, Reuters, Academy of Motion Picture Arts, Sciences, of, Paramount Locations: Miami, Saint John , New Brunswick, London, of Canada
CNN —Scientists have found microplastics in human penises for the first time, as concerns over the tiny particles’ proliferation and potential health effects mount. Microplastics are polymer fragments that can range from less than 0.2 inch (5 millimeters) down to 1/25,000th of an inch (1 micrometer). Ramasamy said he wasn’t surprised to find microplastics in the penis, as it is a “very vascular organ,” like the heart. Seven different types of microplastics were detected, with polyethylene terephthalate (PET) and polypropylene (PP) the most prevalent, according to the study. “We need to identify whether microplastics are linked to ED and if there is a level beyond which it causes pathology and what types of microplastics are pathologic,” he said.
Persons: Ranjith Ramasamy, Ramasamy, wasn’t, , ” Ramasamy, Toxicologist Matthew J, Campen, ” Campen, Leonardo Trasande, don’t, Trasande Organizations: CNN —, University of Miami, CNN, University of New, “ Plastics, NYU Langone Health, American Academy of Pediatrics Locations: University of New Mexico, Albuquerque
Read previewWith weight-loss drugs like WeGovy and Ozempic dominating many of today's consumer healthcare conversations, there's a mounting concern for a particularly vulnerable group: children. In January 2023, the American Academy of Pediatrics (AAP) recommended that healthcare providers offer weight-loss medications, in addition to lifestyle adjustments, to treat obesity in children 12 and older. And in addition, there was limited evidence on weight loss maintenance after medications were discontinued in children," Nicholson said. These injectable drugs have proven successful as weight-loss interventions for adults with obesity, early research shows. Nicholson said clinicians have used lifestyle interventions, like nutrition and exercise plans, to help children with obesity lose weight and reduce risk factors like hypertension, diabetes, and liver disease.
Persons: , Eli Lilly, Hilary Brueck, Wanda Nicholson, Nicholson, Amanda Staiano, Staino Organizations: Service, Pharmaceutical, Novo Nordisk, Business, American Academy of Pediatrics, US Preventive Services, Force, George Washington University School of Public Health, FDA, Pennington Biomedical Research, of Louisiana State University Locations: Pennington
China and the EU are at odds over the EU's EV anti-subsidy probe
  + stars: | 2024-06-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina and the EU are at odds over the EU's EV anti-subsidy probeJin Ruiting, director of the Academy of Macroeconomic Research, a research institution directly under the National Development and Reform Commission, says the EU anti-subsidy probe looked only at Chinese companies, instead of businesses with the largest export volume. The European Commission has denied this.
Persons: Jin Ruiting Organizations: China, Academy of, National Development, Reform Commission, European Commission Locations: EU
The task force suggested that extensive and intensive behavioral interventions are the best way to help a child get to a healthy weight. A high BMI for a child is defined a little differently than it is for adults, although both use height and weight to estimate mass. Nearly 20% of children in the US have what’s considered a high BMI. The task force gives its guidelines letter grades based on the most up-to-date science. Under the Affordable Care Act, private insurers must cover preventive services that get a grade of A or B; the new child obesity recommendations got a B grade.
Persons: Susma Vaidya, , , Dr, Mona Sharifi, ” Sharifi, Thomas Robinson, Sarah Armstrong, haven’t, Sharifi, Justin Ryder, Stanley Manne, Robert H, Lurie, “ I’ve, ” Ryder, Wegovy, Alli, Lomaira, John Ruiz, Sanjay Gupta, “ There’s, ” Vaidya, Vaidya, pharmacotherapy Organizations: CNN, US Preventive Services, Force, American Academy of Pediatrics, BMI, US Centers for Disease Control, Affordable, National Hospital, Yale School of Medicine, Stanford Solutions Science Lab, Department of Pediatrics, Pediatrics, Adolescent Health, Duke University Medical School, Stanley Manne Children’s, Ann, Lurie Children’s Hospital of Chicago, University of Arizona, CNN Health, FDA Locations: Washington
The digital dermatologist will see you now
  + stars: | 2024-06-13 | by ( Susan Griffin | ) edition.cnn.com   time to read: +8 min
video calls and digital images to discuss skin concerns remotely) compared to 14.1% pre-Covid, said the American Academy of Dermatology. The advent of digital dermatology, pushed forward by increasingly innovative and sophisticated digital tools — not only smartphones and video calling apps but artificial intelligence — is enabling a growing number of global brands to diagnose, prescribe and produce bespoke creams via virtual consultation rooms. I tried Klira, a digital dermatology service co-founded in 2021 by British dermatologist Dr. Emma Craythorne. From Simon Ourian MDWhile digital dermatology makes it possible to access the expertise of people who might otherwise be out of your price bracket or zip code, there are inevitable drawbacks and limitations to using a digital dermatologist exclusively. “Although it was not a total transformation, my skin did get a bit better and I would recommend the digital dermatologist route,” she said.
Persons: tweens, , Shoshana Marmon, Emma Craythorne, Klira’s, dermatologists, Craythorne, Claire Todd, Emily Thompson, Dr Simon Ourian, Kim Kardashian, Megan Fox —, Dr Simon, “ I’d, Simon Ourian, Thompson, ” Dr, Ifeoma Ejikeme, Bryony Firth, , I’d, I’ve, Ejikeme Organizations: CNN, Technology, American Academy of Dermatology, Dermatology, New York Medical College, Klira, Adonia Medical Clinic Locations: Cleethorpes, England, Los Angeles, London, Bernard, Gloucestershire, New York
Tokyo (AP) — Japanese architect Fumihiko Maki, who won the prestigious Pritzker Prize for designs praised as smartly and artfully fusing the East with the West, has died. Maki, who taught architecture and urban design at Harvard, died June 6, his office, Maki & Associates, said Wednesday. A devoted educator, Maki, in addition to teaching at Washington University, Harvard and the University of Tokyo, lectured around the world. Maki, along with fellow Tange students Arata Isozaki and Kisho Kurokawa, were the pillars of Japanese modernism. The Pritzker, in selecting Maki, praised him as part of a new wave of architects rebuilding postwar Japan.
Persons: Fumihiko Maki, Pritzker, Maki, Mark Lennihan, Zaha Hadid, Kengo Kuma, Skidmore Owings, St . Louis, oku, ” Maki, , Kenzo Tange, Arata Isozaki, Kisho Kurokawa, Bill Lacy, Arnold Brunner Organizations: Tokyo, Harvard, Associates, National Museum of Modern Art, Yerba Buena Center, Arts, Trade, Trade Center, Pritzker, University of Tokyo, Cranbrook Academy of Art, Harvard University Graduate School of Design, Skidmore, Jackson & Associates, Washington University, Washington University , Harvard, MIT Press, American Academy of Arts, American Institute of Architects, AIA Locations: Kyoto, U.S, San Francisco, New York, Chiba, Japan, Hillside, Tokyo, Manhattan, British, Iraqi, Michigan, Merrill, Chicago, Sert, Cambridge, St ., Israel
This start-up is making artificial hair from bananas
  + stars: | 2024-06-07 | by ( Leah Collins | ) edition.cnn.com   time to read: +8 min
Some people complain that synthetic hair can irritate their scalp and a study of synthetic hair in Nigeria found the presence of potentially harmful heavy metals and chemicals. We want to empower women to make informed decisions about what hair they use and what’s best for them.”Tumusiime says that, unlike synthetic hair, her product is biodegradable, durable and can be easily styled, treated and colored. Since it’s made from discarded banana stems, she adds, it’s also a way to help curb that waste. In the US, St.Louis-based Rebundle also sells hair extensions made from banana fibers, while Nourie Hair offers a hair alternative for braiding made from Ginseng root extract and rosemary. But synthetic hair can be bought for as little as $1 for a bundle.
Persons: Juliet Tumusiime, Tumusiime, Cheveux, ” Tumusiime, it’s, Spiro, Clement Di Roma, Simon Maina, Prince William’s, James Oatway, there's, Edwin Maina, Cheveux Brown, Juliet, Cheveux Organique, , I’m, Organizations: CNN, USAID, Research, Getty, Reeddi Technologies, The Royal Academy of Engineering, Kenyan, Economic Locations: Africa, Uganda, Nigeria, Benin, Kenya, AFP, China, Cameroon, Rwanda, France
And the rate of maternal deaths among Black women in the United States remains even higher, at nearly 50 deaths per 100,000 live births, the new report shows. Meanwhile, half of the high-income nations in the new report had fewer than 5 maternal deaths per 100,000 live births, and one country recorded zero maternal deaths: Norway. The three nations with the lowest maternal death rate were Norway with zero, Switzerland with a rate of 1 death per 100,000 live births and Sweden with about 3 deaths per 100,000 live births. The US maternal mortality rate fell from 32.9 maternal deaths per 100,000 live births in 2021 to 22.3 per 100,000 in 2022, according to data from the CDC. “Maternal deaths are a preventable problem, and this problem can be solved.
Persons: , Munira Gunja, ” Gunja, , Dr, Laurie Zephyrin, Dimes, , , Tochi, Michelle Owens, ” Owens, “ ACOG, Christopher Zahn, ” Zahn, Sanjay Gupta, Roe, Wade Organizations: CNN, Commonwealth Fund, International Program, Health, , US Centers for Disease Control, Organisation for Economic Co, CDC, World Health Organization, , Commonwealth, American Academy of Family Physicians, American College of Obstetricians, CNN Health Locations: United States, Norway, Australia, Canada, Chile, France, Germany, Japan, Korea, Netherlands, New Zealand, Sweden, Switzerland, Covid, U.S, United Kingdom, Long Island , New York, Jackson , Mississippi, States, Commonwealth
CNN —The “fasten seat belt” sign is off, and the time for a nap on your flight is on. On the nights with alcohol, researchers saw a lowered amount of oxygen and an increased heart rate, the study showed. Alcohol gets you sleep — but not good sleepThe study authors didn’t just collect data on heart strain. Alcohol may help you get to sleep, but the quality isn’t as good as sleep while sober, he said. “Many people have witnessed when people drink heavily, their snoring and the sleep apnea is much more severe,” Freeman said.
Persons: , Eva, Maria Elmenhorst, Andrew Freeman, didn’t, , Freeman, ” Freeman, Shalini Paruthi, Paruthi, “ I’ve, , Shalini Organizations: CNN, DLR Institute of Aerospace Medicine, Jewish Health, Alcohol, Saint Louis University School of Medicine, American Academy of Sleep, Foods Locations: Cologne, Germany, Denver
Programming Note: The CNN Original Series Violent Earth with Liev Schreiber explores the unbelievable science behind epic natural events. CNN —Unlike Logan Roy’s offspring in “Succession,” Liev Schreiber can appropriately be described as a serious person. I think once swimming in the ocean became a regular event for me, that’s really where my own personal relationship to climate change began to develop,” Schreiber told CNN in a recent interview. Things are going a lot better in terms of our awareness and the steps we’re taking, but there’s still a long way to go,” Schreiber said. He’ll bring viewers back to the NFL training camp fields with the Chicago Bears when the series returns in August.
Persons: Liev Schreiber, Logan, ” Liev Schreiber, He’s, “ Ray Donovan ”, ” Schreiber, “ I’ve, that’s, , there’s, Otto Frank, Ann Frank’s, Miep Gies, Bel Powley, Dusan Martincek, Schreiber, He’ll, he’s, Organizations: CNN, Royal Academy of Dramatic Art, Yale School of Drama, Geographic, Disney, NFL, Chicago Bears, New Yorker, New York Jets Locations: Ukraine, American, , New
Singapore CNN —US Defense Secretary Lloyd Austin on Saturday hailed the arrival of a “new convergence” in the Indo-Pacific, as the United States fortifies strategic and security partnerships in the region amid rising threats from China and Russia. “Today, we are witnessing a new convergence around nearly all aspects of security in the Indo-Pacific,” Austin said at the Shangri-La Dialogue security forum in Singapore. Looming large in that regional vision is a more assertive China, which Austin alluded to without mentioning it by name. Austin’s emphasis of a “new convergence” in Asia Pacific appeared to have struck a raw nerve with the Chinese delegation in the audience. Austin also reaffirmed US commitment to the Asia Pacific region, saying peace and stability across the region are crucial for the whole world.
Persons: Lloyd Austin, ” Austin, Austin, Lai Ching, “ We’ve, We’ve, we’ve, , Joe Biden, Xi Jinping, Cao Yanzhong, , Mr.Putin, Dong Jun, Dong, Ferdinand R, Marcos Jr Organizations: Singapore CNN — US, Saturday, , South China Seas, Asia Pacific, NATO, Institute of War Studies, Academy of Military Sciences of, China’s, National Defense Locations: Singapore, United States, China, Russia, Taiwan, Beijing, South China, Asia Pacific, South, Washington, Asia, Ukraine, Philippines, Philippine
The latter fact is on display in our list of top-five performing portfolio stocks since the April 24 close through Wednesday's close, the eve of our May meeting. The chipmaker jumped 44.1% since April's Monthly Meeting. 4, Eli Lilly stock jumped 10.8% since our April 24 meeting. A slew of promising AI announcements helped fuel the stock's strong performance since the April meeting. More broadly, Broadcom has been one of the portfolio's biggest beneficiaries of the AI trade.
Persons: Dow, Jim Cramer, we're, Jim, Costco, Eli Lilly's, Eli Lilly, Jim Cramer's, Spencer Platt Organizations: Nasdaq, Dow Jones Industrial, Nvidia, Apple, China Academy of Information, Communications Technology, iPhone, Bank of America, Costco, Costco Wholesale, Walmart, Club, Broadcom, CNBC, Traders, New York Stock Exchange, Getty Locations: Wednesday's, China, U.S, Google's, New York City
Hong Kong CNN —A rebound in Apple’s iPhone sales in China is gaining momentum, after the company aggressively cut prices in its largest overseas market to lure back consumers actively hunting bargains in a weak economy. The increase is a major acceleration from the 12% growth logged in March by foreign-branded smartphones, according to previous data from CAICT. But iPhone sales started to bounce back in March after Apple and its retail partners slashed prices, according to CAICT data. The hefty reductions are “the only way” for Apple to defend its market share in China, Jefferies analysts said earlier this week. That will help Apple regain its lost market share but is also likely to put pressure on its competitors to cut prices further.
Persons: Apple, Jefferies, Organizations: Hong Kong CNN, CNN, China Academy of Information, Communications Technology, Ministry of Industry, Information Technology, Global Times, Apple, Counterpoint Research, Huawei, Alibaba, Xiaomi Locations: China, Hong Kong
At its annual Worldwide Developers Conference next month, it's believed that Apple will share more information about an expected AI-integrated iPhone. Jim Cramer has said that new AI capabilities on devices and for devices will usher in the " greatest refresh cycle in history ." Wireless stands to benefit from the expected increase in iPhone sales because Apple is one of Broadcom's largest customers. If there's a surge in PC sales, in particular, this could boost both Nvidia's Gaming and Professional Visualization segments. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Satya Nadella, it's, Jim Cramer, It's, Tim Cook, Jim, iPhones, Jim Cramer's, Eugene Mymrin Organizations: Microsoft, Developers Conference, Apple, Broadcom, Nvidia, Computing, Windows, Revenue, Shareholders, China Academy of Information, Communications Technology, Broadcom Wireless, Broadcom's Semiconductor, Nvidia's Gaming, Club, HP Inc, Dell, CNBC Locations: China
Apple may finally be getting past its China slump
  + stars: | 2024-05-29 | by ( Tom Carter | ) www.businessinsider.com   time to read: +3 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementResearch firm Counterpoint research estimated the Silicon Valley heavyweight had sunk from first to third place in the Chinese smartphone market earlier this year, after sales dropped 19% year-over-year in Q1. Apple CEO Tim Cook disputed third-party reports that iPhone sales in the country were struggling in Apple's most recent earnings call, telling investors that sales of Apple's smartphone grew in mainland China during the first quarter. Despite these challenges, China remains a crucial market for Apple. "We feel that the Chinese manufacturers are waged in extremely intense competition between themselves, but that won't necessarily move the needle against Apple," Wood said.
Persons: , didn't, Tim Cook, Cook, Apple's, Ben Wood, Wood Organizations: Service, China Academy of Information, Communications Technology, Reuters, Business, Apple, Huawei, CCS Insight Locations: China, Hong Kong, Taiwan
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