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☆ Apple's big AI play is looking less promising
▼ + stars: | 2024-08-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Early reviews of iOS 18 beta suggest Apple Intelligence may not make a big splash in 2024. Analysts say it'll have to deliver on the AI front if it wants to stay on top. Go to newsletter preferences Thanks for signing up! AdvertisementA souped-up Siri and email summaries might not be enough to put Apple ahead in the AI arms race. Early reviews of iOS 18 beta are in, and it sounds like Apple Intelligence might not wow consumers when it's released to the public later this year.

Persons: Siri, —, it's Organizations: Apple Intelligence, Apple, Service, Analysts, Business

☆ Meet the Gen Zer Behind Friend, the Creepy New AI Necklace
▼ + stars: | 2024-08-01 | by ( Zoë Bernard | ) www.businessinsider.com time to read: +8 min

Earlier this week, another product contending for the future of AI companionship made its debut: an eavesdropping necklace called Friend. AdvertisementSchiffmann's original vision for an AI hardware device was a pendant that would act as a more standard-fare AI assistant called Tab — he once described it as a "wearable mom." Of the many AI hardware devices that launched in recent months, such as Humane's AI pin, Meta's smart glasses, and Rabbit's AI-powered R1, Friend is the most personal contender. In fact, on the day Friend launched, a competing AI hardware founder named Nik Shevchenko released a diss track — as any self-respecting 23-year-old AI hardware founder would do — insinuating that Schiffmann stole his idea. (It would not be the first time that Shevchenko built an open source competitor that closely resembled another AI hardware device.

Persons: Siri, Friend, Avi Schiffmann, Schiffmann, Elon Musk, Caffeinated Capital's Raymond Tonsing, Aravind Srinivas, Austin Rief, hasn't, Scarlett Johansson, transfixing Joaquin Phoenix's, —, Anthony Fauci, Camus, it's, Nik Shevchenko, Shevchenko, Taylor Organizations: Harvard, Morning Locations: Tokyo, Ukraine

☆ ChatGPT is getting chattier with ‘advanced voice mode’
▼ + stars: | 2024-07-30 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

New York CNN —OpenAI stunned users when it demonstrated an updated voice mode for the most advanced version of ChatGPT earlier this year. Far from the kind of robotic voice that people have come to associate with digital assistants like Alexa or Siri, the ChatGPT advanced voice mode sounds remarkably lifelike. Starting on Tuesday, advanced voice mode — which works with the most powerful version of the chatbot, ChatGPT-4o — will begin rolling out to paid users. Advanced voice mode will start rolling out to a small group of subscribers to the app’s “Plus” mode, with the aim of making it available to all Plus users in the fall. ChatGPT does have a less sophisticated voice mode already.

Persons: New York CNN — OpenAI, Siri, Scarlett Johansson, ChatGPT’s, OpenAI, “, won’t, —, Johansson, ” Organizations: New, New York CNN, Apple Locations: New York

☆ Apple releases first preview of its long-awaited iPhone AI
▼ + stars: | 2024-07-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software called Apple Intelligence was released in the developer beta of iOS 18.1. Apple Intelligence is an important initiative for Apple. Investors hope the tight integration of AI with Apple's operating system can spur a big wave of upgrades in the coming years, especially since the system will only work on the iPhone 15 Pro and iPhone 15 Pro Max and newer. "We expect this iPhone cycle to remain strong for longer as AI feature sets (software and possibly hardware) improve in the 2025 iPhone," Bank of America analyst Wamsi Mohan wrote in a note on Monday.

Persons: Siri, It's, Wamsi Mohan Organizations: Apple, Apple Intelligence, iOS, . Apple Intelligence, Max, " Bank of America

☆ Apple's reportedly delaying its AI rollout — and that could be a good thing, analysts say
▼ + stars: | 2024-07-29 | by ( Jordan Hart | ) 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. Read previewApple is delaying the launch of Apple Intelligence after weeks of anticipation, but the tech giant might be onto something. This story is available exclusively to Business Insider subscribers. Analysts told Business Insider that it's no big deal. AdvertisementMunster told BI that Apple should consider moving the iPhone 16's release date to align with Apple Intelligence.

Persons: —, Siri, Gene Munster, Apple, William Kerwin, Dan Ives, Munster, " Kerwin Organizations: Service, Apple Intelligence, Business, Bloomberg, Analysts, Asset Management, Apple, Morningstar Locations: WWDC

☆ Apple will reportedly release artificial intelligence features in October, weeks after iOS 18 update
▼ + stars: | 2024-07-29 | by ( Katie Bartlett | ) www.cnbc.com time to read: +1 min

Apple 's new artificial intelligence features will roll out in October, missing the initial launch of iPhone and iPad software updates, according to a Bloomberg report published Monday. The company split the Apple Intelligence features from the initial iOS launch due to concerns over their stability and need to run tests on a wider scale, the report said. Some of the promised Apple Intelligence features, such as ChatGPT integration and Siri improvements, are expected to be released later in the year. Apple plans to give developers early access to Apple Intelligence as soon as this week in the iOS 18.1 beta version, Bloomberg said. The company first announced Apple Intelligence on June 10.

Persons: Apple, Siri, Read Organizations: Apple, Bloomberg, Apple Intelligence

☆ 14 earnings, jobs and the Fed are what we're watching in the market this week
▼ + stars: | 2024-07-27 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

As for Club earnings, we got positive results from life sciences company Danaher and industrial firm Dover. Ford was a major disappointment and its nearly 20% stock drop for the week was the worst performer in the portfolio. In the week ahead, it's going to be another big week of earnings with the four mega-cap names and 10 other Club names set to report. Linde : We're looking for more of the same — steady earnings growth; 6% is the Street estimate. End market commentary will also help us better formulate our view of the economy — and in turn the stock market.

Persons: Russell, Jerome Powell's, Ford, Stanley Black, Decker, We're, we'll, Elliott, we've, We'll, Kraft Heinz, Vita Coco, COCO, Lam, SIRI, WEN, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Nasdaq, Dow, Communication, Honeywell, YouTube, Procter & Gamble, Devices, Microsoft, Starbucks, GE Healthcare, DuPont, Meta, Apple, Coterra Energy, Linde, Silo AI, Elliott Management, GE HealthCare, Amazon, Apple Intelligence, U.S, Labor, Fed, Networks, Procter, Gamble, PayPal, Pfizer, BP, JetBlue Airways, Merck, Solar Inc, Caesars Entertainment, Electronic Arts, EA, Nation Entertainment, Boeing, Cruise, Mastercard, Teva Pharmaceutical, Hess Corp, Arm Holdings, Qualcomm, Lam Research, Western, eBay, EBAY, MGM Resorts, MGM, ConocoPhillips, Mobileye, Canada Goose Holdings, Hershey, Toyota, Dominion Energy, Air Products & Chemicals, Southern Company, International, Coterra Energy Intel, Coinbase, Booking Holdings, LIN, Exxon Mobil, Chevron, LyondellBasell Industries, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: Dover, Eaton, Amazon, China, destocking, Corning, New York City

☆ Here are Thursday's biggest analyst calls: Apple, Dell, Super Micro, ServiceNow, Ford, CrowdStrike
▼ + stars: | 2024-07-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Bank of America reiterates IBM as buy Bank of America said the "portfolio is delivering" despite the company's mixed earnings report on Wednesday. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's sticking with Ford as a top pick following earnings on Wednesday. Bank of America reiterates CrowdStrike as buy Bank of America lowered its price target to $365 per share from $400 but said it's sticking with the stock. Barclays reiterates Super Micro Computer as overweight Barclays said it's sticking with its overweight rating heading into earnings in early August. " Bank of America reiterates Birkenstock as buy Bank of America said the stock "warrants a higher multiple."

Persons: Mizuho, ServiceNow, Morgan Stanley, Ford, KeyBanc, Baird, AAPL, Price, LULU, Goldman Sachs, Dell, Goldman, Roper, CBRE, it's, CrowdStrike, Susquehanna, Bank of America downgrades Lamb Weston, Lamb Weston, Chipotle, Piper Sandler, Marvell, Piper, Birkenstock Organizations: Bank of America, IBM, Infrastructure, Consulting, Mizuho, Software, Ford, Apple, BMO, Citi, Dell, DELL, Roper Technologies, " Bank of America, Meta, AMD, SOX, JPMorgan, GE, Deutsche Bank, Deutsche, Barclays, AMC, Sirius XM, Davidson, Polaris

☆ OpenAI announces a search engine called SearchGPT; Alphabet shares dip
▼ + stars: | 2024-07-25 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

OpenAI on Thursday announced a prototype of its own search engine, called SearchGPT, which aims to give users "fast and timely answers with clear and relevant sources." Since the launch of ChatGPT in November 2022, Alphabet investors have been concerned that OpenAI could take market share from Google in search by giving consumers new ways to seek information online. Alphabet shares were trading about 2.5% lower on Thursday, while the Nasdaq was up slightly. The SearchGPT announcement follows OpenAI's launch last Thursday of a new AI model, "GPT-4o mini." Last year, OpenAI Chief Operating Officer Brad Lightcap told CNBC: "The world is multimodal.

Persons: Sundar Pichai, OpenAI, Siri, Sarah Friar, Kevin Weil, Brad Lightcap Organizations: ChatGPT, Google, Nasdaq, Microsoft, Apple, Planet Labs, Twitter, Facebook, CNBC

View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.

Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, ”, Gabrielle Chase, “, we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York

Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.

Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, ”, Gabrielle Chase, “, haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York

It's your last chance to shop Amazon Prime Day deals on tech, beauty products, vacuums and more. SKIP AHEAD The best Prime Day deals | More Prime Day sales to check out | The best sales at other retailersWant more from our everyday experts, straight to your inbox? Other Amazon Echo smart speakers are also on sale during Prime Day, including the Echo Spot ($44.99) and Echo Dot ($24.99). Best Prime Day salesHere are the best Prime Day sales to know about. Best Prime Day clothing, shoes and accessories salesBest Prime Day tech salesBest Prime Day home and kitchen salesBest Prime Day pet supplies salesBest Prime Day beauty and wellness salesBest Prime Day travel salesBest Prime Day food and beverage dealsPrime Day: Best sales at other retailersFrequently asked questions When does Amazon Prime Day end?

Persons: I’ve, they’re, It’s, Chamberlain, They’re, fanny, —, Siri, Differin, dermatologists, shea, Alexa, Lindsay Schneider, Mili, it’s, you’ll, Chili Crisp, Zhong, TikTok Organizations: Amazon, NBC, AA, AAA, Apple, Netflix, Apple TV, Hulu, Spotify, Apple Music, Sirius XM, Chengdu Crunch, Amazon Prime, Wellness, Facebook, Twitter Locations: Chili, Zhong Sauce

Learn moreAmazon Prime Day is on its second and final day, and it's always interesting to see what you, our readers, buy during the big sales event. So far, readers have been especially keen on Prime Day Apple deals, including 32% off the AirPods Pro. Unsurprisingly, Prime Day TV deals have also been popular, with big-screen displays like the LG G3 OLED enjoying significant discounts. Below, you can find 17 of the most popular deals our readers have been grabbing during Prime Day. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.

Persons: Apple, We've, Siri, Foodi, Fry, fryer Organizations: Business, LG, Amazon Prime, Apple AirPods, Apple, Air, MacBook, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Amazon, Apple Watch

Learn moreIn addition to the thousands of products on sale during Amazon Prime Day, the Apple Watch collection of smartwatches is also discounted. Right now, the Apple Watch SE (2nd Gen) is down to an all-time low, and the Series 9 is an impressive 30% off. Top Apple Watch dealsApple Watch SE (2nd Gen) 40mm $169.99 $249.00 Save 32% The second-generation Apple Watch SE is an impressive entry-level wearable that shares the same processor as the Series 8 and Ultra. View at Amazon What we like Check mark icon A check mark. The Apple Watch SE is the entry-level, budget-friendly option, but don't write it off just because of that.

Persons: you've, you'll, Siri, Belkin, it's, It's Organizations: Business, Amazon, Apple Watch, Apple, Apple Health, Prime, Amazon Apple, Amazon Belkin Apple, Watch, Amazon Prime

View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: haven't, they're, Apple, We're, Siri, we'll, doesn't, Amazon Nathan James Hugo Wood Nightstand, Nathan James, we've, Dyson, you've, it's, fryer, Bose Organizations: Business, Echo, Amazon, Apple, Amazon Apple, Apple Health, Amazon Prime, Olympics, Sony, LG, Samsung, Dolby, Amazon Samsung, lounging, Amazon Philips, Philips, Bose, Amazon Sony WH

☆ Apple releases iOS 18 public beta for iPhone — Here's what's new and how to get it
▼ + stars: | 2024-07-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024. Apple on Monday released a preview version of its big new iPhone update. This year, however, the most important new service isn't in the public beta: Apple Intelligence. Apple says that Apple Intelligence will be released in a beta version this fall and users will be able to try it out this summer. Some of the promised Apple Intelligence features, like ChatGPT integration, and some Siri improvements, aren't expected to be released until later this year.

Persons: Tim Cook, Siri Organizations: Apple Inc, Apple Worldwide, Apple, Apple Intelligence, Control Center Locations: Cupertino , California

☆ Samsung to launch upgraded voice assistant Bixby this year with its own AI
▼ + stars: | 2024-07-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The voice assistant has a variety of functions including live translations and restaurant recommendations. PARIS — Samsung will launch an upgraded version of its voice assistant Bixby this year based on its own artificial intelligence models, the head of the company's mobile business told CNBC. CNBC previously reported that Samsung was working on an upgraded Bixby, but this is the first time the company has confirmed a timeline for the launch. Roh's confirmation of its Bixby upgrade comes just over a month after Apple announced its assistant Siri will be getting an AI upgrade. I believe strongly that these Galaxy AI, mobile AI are strong motivations and drivers for the purchase of new products."

Persons: Roh, Bixby, Siri Organizations: Galaxy, Samsung's, CNBC, PARIS, Samsung, Apple Locations: Paris, France, Korean

☆ Wall Street's renewed bullishness on Apple stock is all about the iPhone 16
▼ + stars: | 2024-07-11 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bank of America increased its price objective for Apple stock in a note on Thursday. The bank highlighted the next iPhone upgrade as the key to taking Apple stock higher. The AI system is known "Apple Intelligence," and can only be accessed on Apple models 15 and older. AdvertisementBut the iPhone 16's features aren't the only catalyst — there's pent up demand for a new model, Wedbush said, estimating that 270 million iPhone users have not upgraded their devices in four years. Preference for Apple increased above other smartphone brands.

Persons: —, Siri, BofA, Wedbush Organizations: Bank of America, Apple, Service, . Bank of America, Apple Intelligence, Wedbush Securities, Huawei Locations: China, Mar

☆ Samsung’s AI-powered foldable phones get slimmer, thinner, pricier
▼ + stars: | 2024-07-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Samsung’s latest generation of foldable phones aim to draw in traditional phone users with the help of artificial intelligence. The new Galaxy Z Fold starts at $1,899.99, up $100 from last year, and is available in silver, pink and navy. Meanwhile, the Z Flip starts at $1,099.99 (also $100 more than last year) and comes in silver, yellow, blue and mint. Samsung’s foldable line occupies between 80% and 85% of the market share. But those same people might prefer to sleep with a smart ring on their finger rather than a smartwatch on their wrist.

Persons: CNN —, Price, David McQueen, ”, Roh —, —, “, ” Roh, Gemini, Samsung’s, Siri, McQueen, Roh, Oura, Francisco Jeronimo, ” Jeronimo Organizations: CNN, ABI Research, Galaxy, Google, Huawei, Motorola, Apple, Samsung, IDC Research, IDC Locations: Paris, wearables

☆ Could Apple become a $4T stock in the next year? At least one analyst says yes
▼ + stars: | 2024-07-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

So much for the $3 trillion club: Investors and Wall Street analysts alike are now talking about when Apple might top a $4 trillion stock market value. For those keeping score, Apple closed above a $3 trillion market value just over one year ago. AAPL YTD mountain Apple (AAPL) year-to-date performance Apple shares reached an all-time intraday high to start the week, continuing last week's terrific start to the second half of 2024. Slower iPhone sales in China, which account for nearly 20% of Apple's overall revenue, dogged the stock into April. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer, Siri, ChatGPT, Dan Ives, Wedbush, Jim, Gillette, Jim Cramer's, Scott Eells Organizations: Wall Street, Apple, Microsoft, Nvidia, Apple Intelligence, Developers, Services, Cook & Co, CNBC, Nasdaq, Bloomberg, Getty Locations: China, New York

☆ Samsung really wants to outsmart Apple in the Galaxy-iPhone battle
▼ + stars: | 2024-07-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

From the city of Suwon, Samsung — the family-led titan of Korean industry — has been the world's top smartphone seller, beating Apple. Last month, Apple unveiled Apple Intelligence, a vision of generative AI that will give its devices a total refresh. In doing so, Apple hopes to inspire consumers to upgrade their iPhones so they can access its suite of AI features. (Only newer models like the iPhone 15 Pro and upcoming iPhone 16 line-up will offer Apple Intelligence). It debuted Galaxy AI, its first take on generative AI features for its devices, at the January launch of its flagship Galaxy S24 range.

Persons: —, Lee Jae, Park, Lee, Siri Organizations: Service, Samsung, Apple, Business, IDC, Samsung Electronics, Bloomberg, South, Apple Intelligence, AI, Samsung Galaxy, Google Locations: South, Suwon, Paris, China

☆ A new era of smartphone wars is about to begin
▼ + stars: | 2024-06-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Competition may have died down but the original smartphone wars were so intense for Steve Jobs he once declared that he'd start a "thermonuclear war." Smartphone wars in the AI eraThe smartphone market has been lagging. The company will be banking on Apple Intelligence being a hit with consumers, potentially revitalizing sales in markets like China. Samsung Galaxy S24 lineup. SamsungThe South Korean tech giant must be hoping to regain its crown as king of the smartphone market.

Persons: —, Steve Jobs, Jobs, Walter Isaacson, Justin Sullivan, Assurant, Tim Cook, Siri, Apple, OpenAI, iPhones, Wang Gang, it's Organizations: Service, Apple, Samsung, Business, Android, Google, Samsung Galaxy, Samsung's, Apple Intelligence, Worldwide, Huawei, Project Astra, Galaxy, South, IDC Locations: China, Paris

☆ The stock market is having its best election year ever
▼ + stars: | 2024-06-24 | by ( Nicole Goodkind | Matt Egan | ) edition.cnn.com time to read: +9 min

The S&P 500 alone has generated an average return of 7% during presidential election years since 1952, according to LPL Financial. If you limit that to election years in which the incumbent president is running for reelection, the average jumps to 12.2%. Yes, but: Market volatility in an election year tends to pick up in October and there are many months left in this cycle with potential surprises to come. “An autumn pullback fits well time wise with potential downside earnings revisions, make-or-break decision time for the Fed, and election uncertainty. The first round of the French election will be held on June 30, with a second round on July 7.

Persons: Goldman Sachs —, Ed Clissold, Ned Davis, they’re, It’s, Goldman Sachs ’ Scott Rubner, “, ”, Mark Hackett, Scott Chronert, Goldman Sachs, Joe Biden, Donald Trump, Jim Reid, There’s, Emmanuel Macron, Katie Nixon, Chris Isidore ., they’ve, Samantha Murphy Kelly, ChatGPT —, Siri —, OpenAI, Siri, ChatGPT, hasn’t, — Organizations: London CNN — Traders, Investors, White, Ned, Ned Davis Research, Nasdaq, Citigroup, Goldman, Barclays, Deutsche Bank, UBS, Deutsche, Fed, United, Labour Party, Renaissance, Northern Trust Wealth Management, Alaska Airlines, Alaska —, Southwest —, Southwest, Railway Labor, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, Wall, IDC Locations: United States, France, “, Alaska, China

☆ EU allegations against Apple are worrisome but not a game-changer for the stock
▼ + stars: | 2024-06-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Apple could face EU fines of up to 10% of the company's total global revenue if found in violation of the DMA's competition policies. Ultimately, though, JPMorgan analysts said Monday that Apple's AI features delay overseas would have little impact on financials. AAPL YTD mountain Apple YTD Overall, Apple stock has had a rocky 2024 performance. Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.

Persons: Apple, Jim Cramer, it's, Jim, Melius, Siri, Pro Max, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, European Union, CNBC, JPMorgan, The Club, Huawei, Developers, Pro, Apple Worldwide Developers Locations: Europe, Apple's, China, Cupertino , California

☆ America’s housing crisis continues to worsen
▼ + stars: | 2024-06-23 | by ( Bryan Mena | ) edition.cnn.com time to read: +6 min

Washington CNN —Homeowners in America aren’t the only ones struggling with an unaffordable housing market. A report from Harvard University’s Joint Center for Housing Studies released last week showed that both homeowners and renters in recent years have become increasingly burdened by climbing housing costs. That’s all part of a broader struggle in the US housing market, and recent data shows that it hasn’t gotten any better. But there’s a problem: ChatGPT — soon to be integrated into Siri — is banned in China, reports my colleague Samantha Murphy Kelly. The Chicago Fed releases its National Activity Index for May.

Persons: ” Lael Brainard, ”, “, Brainard, Biden, ” Brainard, ChatGPT —, Siri —, Samantha Murphy Kelly, OpenAI, Siri, ChatGPT, Read, Christopher Waller, Lisa Cook, Michelle Bowman, General Mills, Levi Strauss, Tom Barkin Organizations: CNN Business, Bell, Washington CNN — Homeowners, America aren’t, Harvard University’s, for Housing Studies, Harvard, “, White, Economic Council, Urban Institute, Administration, Apple, Apple Intelligence, Microsoft, Google, Meta, Samsung, Cyberspace Administration, FedEx, Chicago Fed, Global, Index, Board, Micron, General, US Commerce Department, Federal Reserve, Nike, McCormick, Walgreens, US Labor Department, National Association of Realtors, Richmond Fed, University of Michigan Locations: Washington, America, Congress, China

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