of the apples back channel. it's an employee resource group for most of the employees that the company together and communicate. and what was happening was zionists were coming into that room. so flooding it with hates and propaganda saying that your opinions are wrong . they're explaining why israel has to bomb churches and schools. and they're saying that that the muslims in the group were a terrorist and instead of moderating that space instead of punishing the people that were coming into that space and posting this awful stuff, they were deleting messages from the muslim employees. and they even fired an employee from that slack channel who had posted a career on verse in arabic. which is ironic, given that it was the muslim slack channel. and that was like one of the very 1st things that they started in terms of, of silent thing boys is they shut down because of the, of the racism. they just shut down the group entirely. they also shut down the doors at apple, slack channel to be fair. but a year after thi

i like apple here. i think the balance sheet makes it very defensive in an environment where suddenly people are questioning this rally in the nasdaq. i want to own apple. >> the only problem here, there's no there there, as far as apple intelligence is concerned. when the stock took off on june 10th or so, it was predicated on this service was going to basically cause an upgrade super cycle. they said the september sales, but they keep growing their install base, which is great for them. you're talking about the hardware -- they are actually really a services company. the future of this company is really those fatter margins, but if you have this apple intelligence, you need developers to build on top of that. that's where they get the service revenue. so, if there's not this layer of apple intelligence that basically, you know, developers think is interesting, it's just going to take longer and -- i know gene is going to say something different, and he's forgotten more about this than i'll ever know,

we have amazon and apple coming out after the bell, and recent headlines with apple, about the new aihones and amazon, jeff bezos and "the washington post" headlines seems to be driving the narrative there. >> it looks like maybe the apple revenue numbers might be better than expected, but this quarter, their fourth fiscal quarter, is usually kind of the least significant quarter in their year, because everybody gets ready for the december quarter, where the new iphone comes online we'll see. comcast, the parent of cnbc is considering a spin-off of its many cable networks as part of ongoing changes in television and streaming, those things going through. this obviously come and hits close to home, but the cable wits we've known is undergoing deep and profound changes in streaming, and the content you can get that way. >> also, what we're hearing from media insiders, former executives about our parent company is, hey, does it make sense, and how do you do it? not that it doesn't make sense at all, but how do you do it most efficiently, and if they did it, they say it will be well capit

first, we check out how apple's help pushing us higher on the nasdaq. all eyes on .6% higher and the earnings that come out this week. let's dive into what we are expecting. we have the likes of reddit coming out tomorrow. we have so many more names. first and foremost, we have to get las vegas, where ed is a sat for a very special guest. ed: welcome to our bloomberg television and radio audiences around the world. we are live in las vegas joined by open fa -- openai's cfo. you have history with fintech and that is the point. so much of the focus has been a personal use of chatgpt, but let's start with banks and finance. how much of that is made up in your business? sarah: it is great to be here. money 2020. i have seen it progressed through the years. what an incredible event it is today. we are here because our customers are here. ai is happening now. it is not something people are just playing around with. angst and financial institutions, people are using it today in their business. ed: there is the morgan stanley case study. bank of america has tal

apple results, we had of the — have-nots. apple results, we had of the tech _ have-nots.ts, we had of the tech stocks - have-nots. apple results, we had of the tech stocks but. have-nots. apple results, we| had of the tech stocks but not apple yet. explain what we might yet hear. it apple yet. explain what we might yet hear.— might yet hear. it will be interesting _ might yet hear. it will be interesting to _ might yet hear. it will be interesting to see - might yet hear. it will be interesting to see which | interesting to see which direction the shares go for apple and amazon. we'll tech reign supreme or investors punish the stocks. businesses will look to apple to provide an update on demand for its iphone with the ai features and thatis iphone with the ai features and that is something that analysts have been hoping could propel apple from a period of low growth and investors that will be keenly watching that as well but apple could be vulnerable. the stock has had two downgrades in the past month alone with the analysts saying that optimism is a bit excessive here an

a landmark on the road to molodechno, an apple plantation.ifficult not to notice such beauty. the fruits are scattered in huge clusters on the trees. all as if selected. ripe, large, aromatic, 20 varieties. an exemplary farm. the president of belarus also highly appreciated it, we need to stop bowing to imported apples, we need to have our own apple, so that people are provided for, we have a great need, so that the poles or whoever there do not wave at us there apple, take it from us, you need your own, there it is, beauty, it all started in the late nineties, alexander was transporting apples from poland to russia, and then he thought, why not... grow his own belarusian, decided to take a risk and was right, many laughed, because he immediately went to dig hectares, without experience, without anything, well, more or less it worked out, here is our belarusian variety olesya, which in russia no one knew about it before, well, i don’t know, maybe they’ve known about it for 5-10 years, like the belarusian sweet. today at 70 hectares of more th

we'll see amazon and apple.arket as we have elevated valuation and investors are allowing fundamentals to grow into it. not to say that it's too expensive or that the consensus expectation of a november and december ramp in the market is ill founded, but, you know, when people are expecting it in general, you have to maybe assume it's not going to be the smoothest ride. that's why, you know, jobs report tomorrow. probably have some two-way risk. every economic number surprising to the up side. i do think the bond market has been a little braced for that possibility even as some folks feel like we can have zero because of all of the storm impacts. >> 10-year is 428. yields elevated. >> they are. you can hit 432 or something. >> yes, you did. it's definitely been sticky in that area which is the borderline of where in the past if you go back several months, 430 was that level that seemed to give the equity market indigestion when it looked like you had momentum in yields. >> we're a little sick to our stomachs tod

you can see for yourself what kind of apple garden i have, yellow lebanese apples. from each hectare, approximately 150 tons, with the recommendations of experts , weeding, timely feeding and correct irrigation. the use of late-flowering lebanese zardan cultivars, which yielded more than 260 tons per hectare in this garden , this increase in quality has made shirvan apples welcome in the domestic and foreign markets of our garden. it is one of the gardens around shirvan city with a total area of ​​4 hectares and i would like to inform you that we are doing the work of this garden together with my father and thank god our products are both mechanized and organic, and our products are in target markets such as mashhad, tehran, and other markets. internationally, shirvan city has the first rank in the field of apple production, with an area of ​​about 3,000 hectares in shirvan city, we have spring varieties, and our summer varieties are being harvested in our autumn varieties. one of these varieties is the yellow lebanese apple variety, the red lebanese apple variety.

money back between goldman and apple, that's what this was related to again, shares of apple down 2%tly off of the iphone use i was telling you about earlier. >> steve kovac. >>> up next, tracking the biggest movers into the close, pippa stevens is standing by with that. >> one tech company could be exploring one of its largest ever acquisitions. the names to watch coming up next tamra, izzy and emma... no one puts more love into logistics than these three. you need them. they need a retirement plan. work with principal so we can help you with a plan that's right for your team. let our expertise round out yours. do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. our friend sold their policy to help pay their medical bills, and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research

i have a hectare of apple orchard. i have yellow lebanese apples. now the product is 2 hectares. how much do you harvest from each hectare? approximately 150 tons with expert advice. which has been carried out, timely feeding and proper irrigation , the use of late blooming lebanese varieties, which have been welcomed by shirvan apples in the domestic and foreign markets, our garden is from the orchards around shirvan city, with a total area of ​​four hectares, and it is at your service to be accompanied by my father, we have to do this we do the garden and thank god our products are both mechanized and organic, our products have found a place in the target markets such as mashhad, tehran, and international markets. shirvan city has the first rank in the field of oyster production with the cultivated area. about 3 thousand hectares of varieties that we have in shirvan city are spring varieties and summer varieties are being harvested in our autumn varieties. one of these varieties is the lebanese yellow apple variety, the lebanese red apple variety , we have french varieties in t

step number three - apple filling.ut the peeled apples into small squares and send them to the saucepan. add applesauce, sugar and a little sourness in the form of lemon zest. it is convenient to use a grater of this type. and it shaves the lemon wonderfully. professionally. professionally. cook the apple filling for about 10 minutes. then add a thickener to it. we used ogar-agar mixed with water and cook for another 3 minutes, and the garagar will remove excess moisture from the apples so that the filling does not soak the myringbone cake later, we punch the hot apple mixture with a blender, but do not turn everything into puree. there we have small pieces left, is that how it was intended? yes, i like it better this way, because puree is boring, an apple bush is boring, when puree with apple pieces is not boring anymore, very fun, very fun, and just more interesting in texture, we put the apple filling in a separate container, tightly covering it with amp. we put half of the apple filling with you and now we will try

coming up, downgrading apple. technology." ♪ caroline: welcome to bloomberg technology. i'm caroline hyde in new york. ed: i'm ed ludlow in san francisco. caroline: you're the record high on an intraday basis. currently up .8% over the week. another volatile one trying to digest what the federal reserve will do in terms of rights, what it means for some of the main big winners in tech. what drags the nasdaq to a new record high today are the same names that led to 24% rally over the year, nvidia on top and also tesla finding seemingly breaking into some of the magnificent seven on the week at least. a number of key names outperforming. up .9% on the weekend more on the day. we have more when we are digging into individual names. i want to shine a light on apple. down on the week, but up on the day. notably, you are drawing attention to one key analyst report. we want to get into what keybanc is saying and why they think some analyst views on apple are too optimistic. there's a lot going on for apple mail. ed: part

it windfall from apple and other companies-— windfall from apple and other comanies. , . . , companiesto have. john campbell, - companies. it is a nice problem to have. john campbell, thanks to have. john campbell, thanks forjoining us. let's head to canada — where, from today, a 100% tarriff on chinese—made evs comes into force, in a move similar to those of the united states and european union. all of them are concerned that china's cheap cars are unfairly distorting the global market for what is still an emerging technology. canada's international trade minister has told the bbc that she hopes her country is not entering a trade war with china. here's our business reporter, jonathanjosephs. chinese car companies are producing and exporting record numbers of electric vehicles. ongoing irish exchequer —— ongoing windfall. some adjustments have been made to the global corporate tax rules and that has benefited ireland in a way they were not supposed to, so big companies like apple and microsoft and pfizer, they are continuing to pay large amounts of tax which is being treated as a wind

apple also higher. we'll speak to an analyst who says sentiment on apple has gotten too negative. lots of questions about how much apple relies on chinese consumer and is the stimulus or lack thereof really a factor in whether apple goes big. >> what i saw over the weekend is we may have seen the last of the annual announcements of an iphone. that they may go to a less sort of regular, every single year coming out with an upgraded version, because the upgrades may not be as exciting as they once were. and next, david tepper says buy everything in china, because he thinks the government will do whatever it takes to spupport te economy. but current investor plans have left those wanting and chinese stocks are way off their recent highs. one of the arguments is they announced stimulus and they never sort of add up to as much as the hype. >> and they just want more detail. and that detail has not been forthcoming. we'll have to wait and see in a couple of weeks as things go forward. >> for now -- >> that's the way it is. >> we'll begin with the markets, broadly speaking. as we mention

the iphone the ipad, of the apple watch. think looking at the phone just as the issue a little bit too narrow. this is the company that's been searching for the next big idea category and there's really two sides of the coin. and does that exist. at this point i'm thinking the iphone is not really something you're able to replicate. that's a once in a generation and i'm not talking about a 10 or 20 year generation. and so may the expectations for some. >> unless it's a different formfactor from smartphone will get into later in the show. the umbrella point of the newsletter is apple has been releasing a new generation of product annually and it's moved away from that but there were advantages to doing annually. the team knows what's coming, investors know what's coming and there's a holiday pr marketing campaign that can go on. what's the advantage of not doing that. >> it's slowly inching away from that. and i think there's two reasons. there are so many products now in the pipeline there's so much stuff and the way their f

and the apples are growing. disaster for apple, farmers like others come on. the 64 year old lost almost 75 percent of his harvest to the powder site this year. the go with the new it's never happened before. this is the 1st year i have faced this . is that the good all the lead? stone brown, the big the, and spotted the from one day to the next available rep. i guess you might try to. dish is known as the apple state offsets are protected against the force of the sun, with white tops, with the school climate and foot, i'm sorry. conditions here in the north of india are ideal. and some 500000 farmers organ apple contribution. but this your nothing coat against the automobile funding and 60 percent of harvest floor last scientist ocean i sharma from the chris she began kendral farm science center sees the winter was simply too warm and dry. there was far too little snow. it is guess also at the home of the, of the stands or muddy along with warmer temperatures. these are the we are also say, you know, based off and doesn't have to do with visual, alters right

for example, about apples, there are 7,500 varieties of apples in the world, anya, let's name at least three that you know, and can i go over to the next one? well, let me help you, white filling, antonovka, malinovka, red prince, red, no, there are also apples, shtrifel, well, our anatoly moiseyev chose one variety of apples, we just don't know which one, and made a very interesting dish out of them, let's look at the recipe. good morning! today for breakfast we'll prepare a very quick and very tasty dish from only three ingredients. this super simple, figure-friendly apple brownie without flour and sugar, but no less delicious and chocolatey than the usual one. we will need apples, eggs and cocoa. first , peel the apples and cut them into not very large pieces with the peel. the sweeter the apples, the sweeter the pie will be. prepare the dough. the proportions are as simple as the ingredients themselves. transfer two chopped apples to a blender bowl. beat two chicken eggs there and add two tablespoons of cocoa. beat until smooth. pour the dough into a mold on pecorino paper, greased

so apple's kind of there's some pressure on apple right now. there's been pressure on apple for a long time especially on tim cook. hey you know steve jobs. where's the latest phone. where's the latest ipad. he's done very well though. apple stock is still the most valuable company in the entire world. it's gone up lately on the promise of ai, as have all those startups with trillion dollar valuations. but so far, ai has just not delivered in a consumer way. and i've said before, if any company can do it, it's apple. they just haven't done it yet. today's day one. we'll see where they go from day one. we're what, 12 hours in 18 hours in. any early reviews from some influencers or some people or just guys like you and i? yeah. you know, we've gotten to try it out and give it a little chance, and it's sort of like siri on steroids. so if you used to ask your phones a lot of questions or hoped to find a specific photo, it does it a lot better now because the machines are out there working for you. and that's the privacy concerns, is that they're s

eastern. >>> let's get back to a apple because this is the apple of investors' eye at this hour.ts earnings after the bell. we're 18 minutes before the closing bell. the iphone maker is set to report fiscal fourth quarter results. estimates are for earnings per share of $1.6on 94.58 billion in revenue. quarterly earnings are expected to rise 9.7% year-over-year. apple right now is currently the most valuable company in the world, second, nvidia. third, microsoft. but apple right now stands above all $3.45 trillion. wed bush's dan ives, he's a big analyst, says that the company is projected to be the first -- projected to become the fest $4 trillion company. should you be investing on things like a $4 trillion valuation? joining me now, nyu stern school of business finance professor and the dean of valuation, oswath. great to have you. thank you so much for being here. what are you going to be looking for in this report? i know you are less intently focused on quarterly earnings than you are the underlying bids. business it's not that the quarterly earnings don't matter, it's the

the apples are grow and a disaster for apple. farmers like others come are the 64 year old last almost 75 percent of his harvest to the patter side this here, the way that we can think of it the way it's never happened before. this is the 1st year i have faced. this is that the all the leaves don't brown the baby and spotted the from one day the the next available rep. thank you much. the dish is known as the appleseed. orchards are protected against the force of the sun, with white tops, with the school climate and foot, i'm sorry. conditions here in the north of india are ideal. and some 500000 farmers organ apple contribution. but this your nothing coat against the automobile funding and 60 percent of harvest floor last scientist ocean sharma from the chris she began kendral farm science center sees the winter was simply too warm and dry. there was far too little snow is guess also at the home of the big band, but monday, along with warmer temperatures, these are the we are also say, you know, based off and does i have to do a visual office right now and you're seeing an increase tu

now that apple's artificial intelligence system is finally here?ll, that super upgrade cycle the bulls have been predicting for months, it could take longer to happen because most of the ai features apple has been talking about for months they just aren't ready yet. the big stuff, chatgpt integration, updated sirri, and integration with all your apps on your phone, that is coming over the next several months, even into 2025. and by the way, john, besides the iphone, pay attention to services. that business is really booming again. >> either on this issue of potentially orders being cut, we don't know what the starting point was, how many of these 16 phones apple made in the first place, if they made a whole bunch going into sales and maybe an order cut isn't that big of a deal, if they're expecting a different kind of thing with apple intelligence coming out, right? >> that's right. i would also note that these are the -- most of those cuts are for the regular iphone 16, not the pro, which is another good sign for apple, because they make more off

apple is expected to push out its latest widely anticipated apple intelligence features today.b your enthusiasm a little bit. this is a pretty slow rollout. >> very slow rollout. and we're expecting of course this apple intelligence to launch as soon as today, but with an extremely limited set of features and only for the newest iphones, max, and ipads and this launch is coming at a team when the street is struggling to figure out what iphone demand looks like. if you were hoping for siri to get smarter today, you're going to be quite disappointed. only two major features are coming. but it's just as bad as it's always been, but now when you talk to siri, the screen is going to kind of glow. the better ai features like generating custom emojis those are several weeks away from launching and that big siri update and the integration with all of the apps on your phone is expected next year. that has not stopped apple from marketing those features to prospective iphone 16 buyers. that's all the ads talk about. if you want to summarize your emails you have to wait. in the meantime,

apple is now flat.en down 1.5% after production of a low-end iphone which could come early next year. on a day like today where we were treading water, some of those make cap names, the moves were more notable. do you see a story today? jess: looking at these big tech companies in the s&p, when you have nvidia and broadcom among the biggest point contributors, the other side tesla has missed third-quarter delivery numbers, especially the issues with china. that's the biggest point decliner in the s&p as well as the other names like apple as well as meta and alphabet. chip shares were down last quarter. evercore made a call for the fourth order that they anticipated a potential rebound in chip stocks and you are beginning to see that this morning. caroline: look at that, up more than 2.2%. is this the knee-jerk reaction to yesterday's selloff or is the thesis changing? jess: it looks like a knee-jerk reaction. that was the biggest decline of the month for the s&p. micro technology last week boosted chip

new via was an arm service but it was an x apple -- a bunch of apple guys the design the first custom qualcomm bought them to get that expertise in there. going to be delivering product across the portfolio using that expertise. their current technology license, moving to an architectural license work where they do -- were rates tend to be lower. so what arm i think really wants for qualcomm to apply the higher rates in the portfolio because otherwise the rates would come down. and then qualcomm, to enable that arm decided not to approve the license transfer to qualcomm. their response and i have a certain degree of sympathy for. their responses effectively what are you talking about we have our own architectural licensing with the exact same ip and technology paid take a hike. that seems to be where this is. potentially worried rates could go lower if qualcomm makes the transition to architectural license. i think if qualcomm would agree what arm was wanting and hopefully they will settle somewhere in the middle. i cannot imagine it is good for either of them. to actually take this i

apple is expected to push out the latest software with the a.i. everything on apple a.i.ward to and why people want these new phones or operating system. steve. >> we are expecting the software update to hit today or tomorrow. with a limited set of features and only for the newest iphones and macs. this is coming at a time when the street is struggling to see what isiphone is doing. a.i. summaries of the notifications and a new look for siri. it is still bad as it has always been, but you get a glowing screen with siri. the other features like chatgpt and emojis are several weeks away from launching. the big siri update and integration with a.i. is not expected until next year. that still hasn't stopped apple from marketing the features to the buyers. that's pretty much all the ads talk about. if you want to summarize your emails, you have to wait a few more weeks. in the meantime, sour commentary on the iphone 16. the ceos of at&t and verizon said the demand is not as strong as last year. anal analysts say apple cut iphone 16 orders by 10 million. that is higher for the

later, amazon and apple.with darrell cronk and the latest coming out of blackstone with a big push to build out data centers for mega cap tech. how those worlds collide in just a moment. this is "bloomberg." ♪ ♪♪ ♪♪ the winter escapes sale is now on. visit sandals.com or call 1-800-sandals. - it's something about having that piece of paper. some people think that's worth more than my skills. - i've run this place for 20 years, but i still need to prove that i'm more than what you see on paper. - you gotta be so good they can't ignore you. - it's the way my mind works. i have a very mechanical brain. - analytics and empathy. that's how i gain clients. - i am more... - i'm more... ...than who i am on paper. >> investors have views that are lightly held. >> if you take a look at the low-end consumer, that is where you have seen a lot of the weakness show up. >> there is a lot of signs of disinflation. >> to have supplies online, productivity higher. this really is good news. >> this is "bloomberg surveillance" w

apple, apple and amazon bouncing back after falling yesterday on downgrades.soft higher today as well. nvidia a big driver of the positive sentiment, gaining for a second-straight day as it hosts an ai event in dc. foxconn telling asia he thinks the ai boon still has time to go. so what is the real state of technology heading into earnings season? ellen is chief market strategist and portfolio manager at fl putnam investment management. steve kovach is our tech reporter. steve, let me let you kick it off here and sum up where technology seems to fit right now. >> yeah. it's really interesting you nailed with it the two downgrades we got today from microsoft, apple from yesterday. they're both questioning this ai monetization, perhaps expectations are too high. let me talk about the microsoft side, that's the one we got today. this one is super interesting because they're basically saying, you know the cap x problem we have been talking about the last two or three quarters with these hyperscalers spending enormous amounts of money. we're seeing microsoft say we

alphabet, meta, microsoft, amazon and apple all report.— apple all report. all report. these five tech giant combined - apple all report. these five | tech giant combined account apple all report. these five - tech giant combined account for 23% of the weighting of the s&p 500 index. so the reaction to their results could have big implications for the stock market rally. all expectations are high for profit and sales, but investors will be alert to any underperformance, especially when it comes to artificial intelligence that could trigger volatility. analysts will zero in on advertising revenue when alphabet, google's parent company, a meta— report. full alphabet, this remains their main revenue driver. for meta, the growth of its labs division will also be the focus. competing will be a keith urban when it comes to the aws unit of amazon and microsoft's is your. analysts expect strong growth from apple's iphone segment, but we'll be watching for weakness in china and the broader electronics market. ln broader electronics market. in india and staying with t

apple is basically releasing finally its a.i. software apple intelligence next week.oincide with the release of the iphone 16. we've had both the ceo of verizon and the ceo of at&t kind of wishy washy saying iphone sales aren't that great. what is the problem here? do you think that that will inspire people to finally go rushing to the verizon or t-mobile store to say now i'll buy it? >> well i'm not sure they will go rushing right now because the apple intelligence which when it does come it's going to be spectacular but the reality is it's not at the level the expectations are expecting until probably sometime next year. liz: okay, so i hope it's better than just offering the cowboy frog icon or emoji. great to have you both. we're going to be watching zeta. this is a fascinating story of real unbelievable growth. john sculley david steinberg, thank you very much. the world's richest man in close contact with one of america's top adversaries? that according to the "wall street journal." the relationship of tesla ceo elon musk and russian president vladimir putin cou

microsoft and apple, we'll see. i think google and meta, amazon, netflix, those are getting stronger. i think you'll see dispersion, continued dispersion and probably even more dispersion within those seven. we added rsp in january. we were definitely early, which we could have timed it for this last quarter. i think historically for investors, if you look going back to 1990 when the equal weight was inverted, they always mean revert. it's not that the s&p to come down. you want the rsp to go higher. that's what we have right now. that rsp. i think that mean reversion where the rsp catches up to the s&p is well under way. >> we've been watching a lot of these chinese names, especially in tech after news of the stimulus there, you suggest i wouldn't be buying any of those. why? >> i own baba until they kidnapped jack ma. gdp growth -- and michael semblis had a great piece. gdp in china has not translated into investor returns. over the past ten years, i think it's mhci, the china etf, you're negative. i still think y

we have seen apple up for the last -- if you look at the six month chart on apple, it's up about 40%, and iphone sales for the 16 haven't been all that awesome. we haven't had a chance to put our hands on apple intelligence just yet revenue growth, iphone sales were slowing in the last couple quarters and so nothing substantial has happened with that company to make us believe that it's more profitable or going to be more profitable near term, but the stock is a rocketship. i think those are the kinds of things that prove that toward the end of this year, we're more likely to see us charging toward the 6,000 level than going back in the other direction >> so you think that six-month move we're looking at on the screen next to you, let's put that back up you don't think that's justified, the 36 i think it was percent move we were just looking at >> i'm not necessarily saying that it's not justified to think that apple is a place you want to park that capital i'm saying all of the fundamentals, the reasons we're told we should want to be long term shareholders of apple, all the reasons

apple was working on the apple car and they were working on a design for an ev that would have maximum range. the two companies came together from 2017 to 2020 and put their best and brightest together to work on a battery that would be best in class for the apple car. ultimately as we know apple pulled the plug on the project early this year. meanwhile, byd -- it had its own ip, i want to be very clear. byd coming to us that there was no apple ip in its battery. but you look at all the cars that byd is selling, every single one of them has this battery in there. it was a game changer for the company and helping them improve their sales, really rocket from being a nobody, also-ran in the china market to be number one in the world's biggest car market. what my colleague and i uncovered is that there was influence from apple in that journey. i don't want to take anything away from byd because they themselves are an innovative company. the world did not know -- this went on in the labs in byd and shenzhen. there was collaboration between apple and byd. ed: really important piece of report

by the impact of rising rates, down 1.5% today, maybe connected, maybe not there's some softness in apple5 we hit on the ten-year, and gold meanwhile is touching yet another record high. it's 46th so far this year, still around $2700 an ounce, taking a bit of a breather here today. or at least later in the session today. and the dollar index, look at this, $104, continuing to strengthen this is the highest level since early august but the fact that these have both been rising has defuddled some let's start with the ripple effects that interest rates have been having. the ten-year has moved 50 bases points higher since the fed cut rates. rick santelli has more on this action joining me also are my other guests they'll tell us what it means for housing ahead of the historically slower season we're heading into rick, kick it off for us when will we stop seeing yields going higher >> yeah, i'll tell you, there's so many questions as to what's driving yields higher. my answer to that is, pick a category we've had better data, especially in the labor market that's one reason. we see term premiu

apple also says it will gradually roll out the ai features for its iphones. if you want them, you have to have either a new iphone 16 or an iphone 15 pro or pro max. scott budman, nbc, bay area news. all right, scott, thanks. some people in our community are getting recognized for their good deeds today. the san jose chp says it got a call about a car crash back in january. and when these three men saw the car, they checked on the driver. they saw that the driver was passed out, so they took him out of the car. two of them performed cpr on the driver with no pulse, while one of them redirected traffic. firefighters did come eight minutes later, took over life saving efforts. the driver did sadly end up dying at the hospital. still, chp made sure to recognize the action the three men took. someone was in need of help and he just kind of went into autopilot and did what we were supposed to do. it's unfortunate he didn't make it, you know? but we did everything that we could to give him the best chance possible. and the chp says the men went above and beyond whe

apple will officially release apple intelligence to the public next week. investors hope apple's new ai features will spur a wave of iphone upgrades that are only available on its newest devices. okay. happy new year! it's opening night for the warriors. yes, the nba season begins tonight for our local team. the dubs, tipping off this new season up in portland, oregon. and remember no more klay thompson. he's now in dallas. instead the warriors have some newcomers including buddy hield and de'anthony melton, who line up along with steph curry and draymond green. you can watch all the action. 7 p.m. tipoff on nbc sports bay area one of san francisco's most famous roadways, is at the center of a fiercely debated proposition what voters are being asked to decide about the future of the great highway. i'm chief meteorologist jeff ranieri. we are starting to run a rain deficit here, anywhere from a quarter to almost three quarters of an inch. we'll take a look at the updated rain chances, how much sierra snow and what it all means most famous roadways. nbc bay a

apples need to be covered with sugar overnight to give juice.re boiled for 3 hours until a very thick jam, it is better not to use a blender for grinding you have to stir it constantly. if you beat the puree, it shoots very strongly, that is, when you boil it down, you will have all sorts of this very kitchen. from experience, already from experience, i have not stopped beating them with a blender. next, the hostess adds nuts, spicy spices, and dried fruits are also possible. what, i will get up early in the morning when you are sleeping, i will eat it, i will not give it to you, so, what is the conclusion from ... everything that we have shown today. a garden is an opportunity to be surprised, first by unusual shoots, then by interesting fruits. it is better to eat them fresh in season, but you can pamper yourself unusual preparations. advice: add more vegetables and fruits to your diet for health and longevity, remains relevant, and you can follow it in ways that are not at all boring. at the same time, gigantomania in restaurants and on the i

and apple itself. then we have the lightning round so stay with cramer. - [narrator] we just signed the lease on our third shop. my assistant went to customink.com to get new uniforms with all the locations. he found great products, uploaded new art, and had boxes sent to all the shops. custom ink makes it so easy. get started today at customink.com. (man) look at this silly little sailboat... these men of means with their silver spoons, eating up the financial favors of the 1%. what would become of them when they discover robinhood gold allows others to earn their very liberal rates on idle cash, unlimited deposit bonuses and handsome retirement matching? they would descend into chaos. merciless chaos. your shipping manager left to "find themself." leaving you lost. you need to hire. i need indeed. indeed you do. sponsored jobs on indeed are two and a half times faster to first hire. visit indeed.com/hire >>> what do we make of the stock of prologis at these levels? they own warehouses and logistic fa

"but with the leftovers, you can make an apple crisp!" no one has ever made an apple crisp!ere's a lot of political ads, especially in the swing states. i spent a weekend in pennsylvania recently, and every single commercial break, it was kamala, trump, kamala, trump, on and on and on. i actually wept tears of joy when a "kars for kids" ad came on. and then one of those kids said "kamala harris wants to turn me trans!" and i realized it was another campaign ad. jesus christ. and it's not just that it's annoying. this barrage of politics, it's taking a toll on our mental health. >> a new poll from the american psychiatric association finds that 73% of people surveyed cite the election as a source of anxiety. >> 31% said they're fearful when thinking about the election. now a separate survey done by pew research found a majority of americans feel exhausted when thinking about politics. most said it made them feel angry. >> people's irritable bowel syndrome is flaring. that happens every election cycle. >> michael: irritable bowel syndrome! this election is so scary, americans

we have not seen an app or apple doing anything particularly interesting on the ai side.i think on the edges we are seeing lower hanging fruit ai revenues coming through and meta is one of those stocks last quarter when we saw ai of those stocks last quarter when we saw al was generating very strong revenues for meta. plenty to watch out for this week. thank you forjoining us. thank you. the british energy giant bp has revealed its latest profits numbers, $2.3 billion dollars in profits in the last quarter. that's better than expected but it's their lowest profits in almost four years. bp has been hit by a drop in refining profits and weaker oil trading as global economic activity has been slow, especially in china. nitesh shah is? head of commodities research at wisdomtree. he told business today how weak oil prices were having an impact on profits in the big oil sector. oil prices are weaker largely because demand is weakening, particularly in china. and supply remains quite strong. the china story seems to be a country that seems to be transitioning strongly, it seems

the apple watch ultra to now comes in black. this has a bold design, an extra button on the side and more battery life. other interesting features is the double tap gesture. use it to bring up which its select and scroll. plus, you can translate spoken text on your wrist even without a connection. >> what does that to get but he want >> overall apple watch 10 presents the most compelling case for an upgrade in several generations. the apple watch series 10 is available now. it starts at $399. i'd say if you have an apple watch series 6 or earlier, this will make a really nice upgrade. more information on the website. rich on tech dot tv. i'm rich demuro. that's richaun tack. >> well, 7.51 is the time. check it out. san francisco four-legged residents gathered to the blast at saint anthony's for the blessing of the animals event every year on october 4th, christians from around the world celebrate the feast of saint francis. the part of patron saint of animals. and with the blessing of animals and prayers for creation. well, fria

apple is down and there some micro-news around the apple 16 concerns -- iphone 16 concerns. potential eminent threat from is wrong to israel -- iran to israel. isabelle: these companies are so big but also the rally has been broadening. they are not so much as macro events anymore. nvidia, apple earnings, corporate news, not as big as the deal. a lot of the docs are getting more heft and you put ago conflicts and crises are just centerstage are now more than big tech. they are away from the spotlight and there are other issues now unfortunately. caroline: and where people buy defense stocks. that does seem to be an area of equity outperformance on the day. isabelle: defense stocks are outperforming another stocks related to ai like industrials or energy. it is really just not the only game in town. you are right. we are seeing that rally, gains or broadening and who knows how it will end. this is just one tweak that started up and it's a domino from there. caroline: nvidia off by 3.5% with its ultimate macro capitalization. isabelle lee, we appreciate the market wrap. don't

this is not your first conflict with apple tell me about impact potential impact of the apple storei want as objectionable we fought back-and-forth almost a month nearly missed election to get that game out the door, i just don't think it is right that a, developer, deserves to exist, reached 60% of the market. maria: it is incredible, but what was it that changed their minds now we can go to apple store and buy this? >> to be honest i don't know, i published article went on television a little bit talking about it, magically approved, so, i don't know. seems respond to pressure but they brag about banning over two million apps a year some statistics they push out, developers people put a lot of energy were into what they produce they keep it off the store off markets, a detriment to consumers are. >> what is your goal with this video game? are you trying to educate young people will? >> are you trying to, you know, get video game in there? is this political tell me about the video game. >> i really want people to have fun really intense election cycle just step back enjoy temperatu

i'm not worried about apple.worried about the analysts who continue to try to think, well, it's this quarter and then it's the abyss. there is no abyss. not when you have an operating system like that. by the way, latin america, i happen to have santander on today. latin america is on fire. latin america is a big apple place. when you add apple to latin america and other emerging nations, you'll see they're bigger than china. by the way, nick eberstadt was in my class at harvard. he wrote something that says that for every one person born in china, six die. aging out. i mean, the chinese demographic is so shocking to me. >> a lot of that is -- >> sorry. >> -- it's a self-own. >> he was saying -- >> by the way, demographics figure prominently into a lot of countries' future. ours is obviously different because of immigration. >> right. >> but south korea, japan, now china, of course, italy, i mean, you go on and on, jim. >> it does say -- you could argue that when you have a country that has -- >> nobody's at repl

apple intelligence features.jects from photos. it's a big milestone for apple whose ai strategy has been criticised for falling behind samsung and google. but if you are in indonesia, you may not be able to enjoy those features, because the country has blocked the sale of iphone 16 smartphones. the ministry of industry says smartphones must contain 40% locally sourced components to be sold in the country. the iphone 16 does not meet that requirement. apple has yet to respond to the statement. hsbc shares are trading slightly higher today ahead of its quarterly results which will be out in about an hour and a half. last week, the bank announced a major overhaul in structure, splitting geographically into eastern and western markets. hsbc also announced there will be job cuts to senior roles. the latest on their report card onceit latest on their report card once it is out. a subway customer in new york is suing the fast food chain for allegedly misleading her regarding the amount of meeting her sandwiches. regardi

i want to ask you why apple is marketing these a.i.tures so hard when consumers don't seem to care that much? >> not just care, they're not available yet. if you go out there, frank, and buy an iphone 16, you will not get the cool a.i. features you see bela ramsey using on the commercials the last couple weeks. the first wave of the a.i. features will come out this month. that is a limited set of features it will happen in stages by the end of the year, apple says chatgpt will be ready to go and the siri integration and third-party apps is not coming until next yeear analysts say this is an elongated upgrade. >> steve, thank you very much. >>> coming up, the final sprint to the election and our next guest has a game plan for you to man what could be a rocky month ahead. >>> if you haven't, follow our podcast. check us out on apple or spotify or other podcast apps. stay with us much more "worldwide exchange" coming up after this let's say you're deep in a show or a game or the game. on a train, at home, at work. okay, maybe not at work.