plus, keep in mind, that the 15 pro and pro max also run apple intelligence. now, guys, the call is just getting started. i expect any minute now, we'll get some december quarter guidance, that could impact how the stock is moving here after hours. brian, back over to you. >> steve, we'll look forward to some of those numbers, as well. guy, a lot of numbers there. a lot, 15 max, 14 pro, 16, 18.1. >> moving around. >> here's the thing. i want to focus on the services number. >> bang on. >> i know it came in a little bit weak. it's going to blow your mind. >> please. >> apple's -- [ laughter ] >> what? >> just. >> i dare you. i dare you. >> apple services business at $98 billion a year, their secondary business to the phone, is bigger than dell, bigger than dell's entire business. >> truth. >> and it gets no respect. >> no, i disagree with that. i think it gets a lot of respect. >> maybe too much. >> the valuation that apple gets is based on exactly what you just said. the reason it's trading at 31 times next year's numbers is because of that services number bei

anurag: the launch of apple intelligence features will be staggered. are important markets and i saw the same as you saw. it was some investment decision that apple did not make, but i'm confident over the next 12 months or so apple will take care of that the biggest market where the most important thing for us going into the quarter is what is happening in china. i think people forget how important that market is for apple and that is where some of the disappointment may be. caroline: indonesia's blocking apple from selling its latest iphones. this is a quarrel about how much investment the company is making in indonesia, feeling not enough has been made. however salute is the emerging markets? how necessary is it for new markets to continue to evolve for apple? anurag: it is incredibly important. when you look at a market like the u.s., indonesia is the same size, so longer-term as those countries become richer or more affluent they will be looking at apple products to be a big part of that ecosystem, so whether it is china or india or brazil or indon

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 dan ives tells me i need to hang on to apple, none of those things have come to fruition yet, but the stock has still been rewarded for the positive sentiment w

now that apple's artificial intelligence system is finally here? l, 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 o

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

apple. intelligent at a meijer. austin is my guide. it's really the best part about intelligence is how intuitive and easy to use it is to get these new features. you have to have an iphone 15 pro or an iphone 16 model. plus the ios 18.1 software update go into settings and toggle on the switch for apple intelligence. not all the features are available just yet, but you'll get new writing tools just like what you want and then immediately write i love a show to hop between apps. so do this. it's all right there. yes, which is the best part. no third-party apps know, moving around these let you highlight text and rewrite it in different styles. it works anywhere. there's a blinking cursor. e-mail 7. you summarize button at the top i can help you reply automatically suggesting responses to any questions in an email prioritizing saving time. that's really what apple intelligence is all about. the photos app has a new cleanup tool which lets you remove unwanted people or objects from your photos. syria is also getting smarter. set a timer

and apple intelligence will eventually become a bigger driver for demand. and i would also expect the end of october, when apple will formally lay out and launch apple intelligence with ios, it's for incremental demand that some of those features not just get used by consumers, but critically get used by developers. so we see a couple of catalysts that should help them. >> did you find it curious that here is this phone that is supposed to be equipped to run the latest ai, but apple said, hey, we're not really ready to give you the latest ai until a month later. that's not usually the way they've done it. and to me, it dampened a little of the enthusiasm that i or a potential buyer might have for the product. >> listen, it is unusual, the they they've done it, i'll conceive that. but i would much rather have them have a more polished final product out to the masses, versus having a half-baked product out that might disappoint and disillusion you much more. while it's frustrating, i think it's a better solution, given the fact that the launch, a billion ios u

now you're talking about apple intelligence, okay, i get apple intelligence on my iphone, how about on my imac. that's real. i think this company right now is experiencing very strong positive momentum and it's probably unexplained for some reason based on a lot of the headlines. >> so we're likely to get a reasonably volatile market given these reports and then you have the jobs report and the election a week from tomorrow, so, sameer, talk about the volatility you expect as a result of the jobs report, what it might mean for the fed and, of course, the election, how you're thinking of the aftermath of how the stock market might do. >> the jobs report, not to take anything away from it, it leads the fed to rethink rate cuts next year. we think it's locked in. the fed is a slow moving body. around. election, one or two scenarios, a pullback before then or probably one right after because it might be one of those buy the rumor, sell the news, or a true surprise given the market slowly seems to be drifting in one direction. if there's a pullback, our north star would be three different t

noche con un visto a las nuevas funciones de apple intelligence. esta nueva versión es en colaboración con chatgpt, que fue fabricado por la compañía de inteligencia artificial openai, con sede en san francisco, y también va a incluir una varita mágica de imágenes que van a permitir a los usuarios eliminar objetos o distracciones de las fotos. mira si photoshop bueno, y apple lanzará la función de apple intelligence oficialmente al público. la próxima semana. los inversores esperan que las nuevas funciones estimulen una oleada de actualizaciones del iphone que solo estén disponibles en sus dispositivos más recientes. teléfonos inteligentes. no me va a borrar de las fotos que tomé servirles. asÍja (musica) telemundo, llamadas al publicaron hoy esas llamadas al servicio de emergencia que se hicieron durante el atentado contra trump en medio de los balazos. >> su plan migratorio en una entrevista en exclusiva para un medio en espanol con noticias telemundo, la vicepresidenta kamala harris explica cual es su plan y su postura con respecto a la inmigrac

it's also going to get apple intelligence and will get earnings here in just over two weeks. that level, though, the all-time high level, 234.82, off a little from that. but it did hit it earlier today, scott. >> part of the point here, steve, is that it feels like we're going to have to wait a good while now to really see what the demand picture's going to look like specifically due to apple intelligence and what that really is going to mean for the upgrade cycle. >> yeah. that's exactly it. also i'll note in the ipad announcement and for all the other devices that have been coming out recently, the marketing around this is apple intelligence. that's the thing you see when you walk in the store, but what they don't tell you is it's not there yet, and it's going to take time to get there. so it's unclear how many people even understand that, scott, that, you know, what they're being marketed and advertised, all these cool a.i. features we've been talking about since last june, we just don't know when that's all going to come to fruition and hit these devices. so you're right,

you know, i think many consumers are still waiting for when really impactful apple intelligence functionalityill be delivered. >> did the hype machine get ahead of apple's ability to deliver? i don't lay that on apple's doorstep necessarily. i think we in the media may be guilty of it, the people in the investment community may be guilty of it. so the simple question is, did the hype get ahead of the ability to deliver the product? >> it's a great question, tyler. you know, apple is uncharacteristic in talking about a lot of things that were going to come in the future. this is a company that's tip dale very secretive, loves the element of surprise, and typically doesn't talk about anything until it's available. occasionally they'll view features that are available in the next months or so. it was different this year, at the worldwide developers conference, they talked about apple intel sdwrengs functionality that wouldn't by ready until the middle of next year, so to some degree, i think apple is at fault, because it talked about what is to come. and, you know, consumers and people who watch

built in a uniquely apple way, we think apple intelligence is indispensable to the products that play>> that voice you heard was apple ceo tim cook way back in june unveiling a first look at apple intelligence almost two years after the initial launch of chatgpt and arguably the kickoff of what's become an a.i. arms race. >>> welcome back to "worldwide exchange." i'm i'm cdominic chu. let's kickoff the hour. right now, the futures are implying 153-point game for the nasdaq 100. the s&p implied higher by 35. the risk on trade may have the odds stacked against it, however. the s&p trading 22 times projectsed earnings over the next 12 months. forward pe, the highest level since 2021. bullish sentiment since april according to the american bankers association. the ten-year note yield, which was trading near 3.6% just in september, is all the way up now up above 4. again, 14% gains in terms of the yields, prices falling over the course of the last month in a half. joining me now is katie who say cnbc pro contributor. katie, good morning to you. >> good morning. >> take us through what you

apple intelligence is pret-ty awesome. (man) nice.n you trade in any phone. (man) whoa, whoa, whoa! (vo) switch to verizon and get new iphone 16 pro, and get a new ipad, and apple one, all on us! that's over $1600 dollars in value! only on verizon. today's biggest feat wasn't booking appointments. it was the fact that the silvas went 4 for 4 on getting all their flu shots with no tears. bravery? rewarded. when it's time for vaccines, it's time for cvs. (♪) olive garden's never-ending pasta bowl is back, now with our new garlic herb sauce. which means the never-ending pasta you crave isn't just back— it's better than ever. never-ending pasta bowl— starting at $13.99 for a limited time. ♪ my moderate to severe crohn's symptoms kept me out of the picture. with skyrizi,... ...feel significant symptom relief at 4 weeks. many people were in remission at 12 weeks, 1 year,... ...and even at 2 years. serious allergic reactions and an increased risk of infections... ...or a lower ability to fight them may occur. tell your doctor if you have an

intervention we're back in 90 seconds (vo) at verizon every phone can be the new iphone 16 pro with apple intelligencew phones are going to be flying to verizon. switch to verizon and get the new iphone 16 pro, and get a new ipad and apple one, all on us. only on verizon. when anyone in this house wears white, it doesn't stay white for long. white? to soccer? i'm not gonna slide tackle. but now with tide oxi white, we can clean our white clothes without using bleach even works on colors. i slide tackled. i see that. it's got to be tide. (vo) at verizon every phone can be the new iphone 16 pro with apple intelligence. i see that. wow phones are going to be flying to verizon. at verizon new and existing customers can get iphone 16 pro, and a new ipad all on us. only on verizon. >>> there are now just 18 days left for kamala harris and donald trump to rally voters, especially in those seven crucial battle ground states. and today, they're both in one of them, michigan. a key piece of that blue wall that delivered victory to joe biden in 2020. right now, michigan is effectively a toss-up. the latest poll

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 ar

the big news as it runs apple intelligence, the company's new ai.spond to messages. the new phone comes with more powerful chips and enhanced privacy features. sony has confirmed it is to launch a more powerful and much more expensive version of its hugely popular playstation 5 console. the pss pro will be able to show more advanced graphics and display the most demanding games at higher, more consistent frame rates. but the added power comes at a cost, in factjust over $900 — orjust under £700. it will launch in sony's major territories on 7 november. finally, scientists at the max planck institute for intelligent systems and a team at eth zurich have developed a robotic leg powered by artificial muscles made by oil—filled plastic bags that resemble everyday freezer packs. two muscles composed of four oil—filled bags are partially covered on each side with electrode patches and when it is time to begin leaping, the team starts shocking. time for a bit of music. i've come to london's maida vale studios, where many really famous artists have performe

(vo) at verizon every phone can be the new iphone 16 pro with apple intelligence. to be flying to verizon. switch to verizon and get the new iphone 16 pro, and get a new ipad and apple one, all on us. only on verizon. nothing comes close to this place in the morning. i'm so glad i can still come here. you see, i was diagnosed with obstructive hcm. and there were some days i was so short of breath. i thought i'd have to settle for never stepping foot on this trail again. i became great at making excuses. but i have people who count on me so i talked to my cardiologist. i said there must be more we can do for my symptoms. he told me about a medication called camzyos. he said camzyos works by targeting what's causing my obstructive hcm. so he prescribed it and i'm really glad he did. camzyos is used to treat adults with symptomatic obstructive hcm. camzyos may improve your symptoms and your ability to be active. camzyos may cause serious side effects, including heart failure that can lead to death. a risk that's increased if you develop a serious infection or irregula

. >> the analyst saying there's no evidence that apple intelligence is driving any sales, and that's sort of your point, there is no apple intelligence right now >> right now and, interestingly, so, the whole notion that there's 300 million iphones that haven't been upgraded in three years, that sort of thing, again, that's great we've heard about the super upgrade cycles for a long time they really don't materialize. so, if there's finally a reason to do it, i get it, but it's a 2025 thing we've been talking about that for awhile here's the other issue china is 20% of their sales. so, they have a new phone out in china. there was some talk a week ago that sales were up 20% in china. >> right >> apple intelligence will not be in china. >> no. >> so, it's just not going to be -- the firewall, the whole thing or whatever. at some point, might they kind of partner with a baidu or alibaba and have some cloud stuff there and some of the software intelligence, maybe, but if china's a really big part of that, so, that's not happening any time soon. i don't mean to -- i'm not particularly be

ya nos despedimos esta noche con un visto a las nuevas funciones de apple intelligence. solo estén disponibles en sus dispositivos más recientes. teléfonos inteligentes. no me va a borrar de las fotos que tomé servirles. asÍja (musica) telemundo, llamadas al publicaron hoy esas llamadas al servicio de emergencia que se

apple intelligence is pret-ty awesome. (man) nice. (woman) you can get it when you trade in any phone. (man) whoa, whoa, whoa! ♪ (vo) at verizon new and existing customers can get iphone 16 pro on us. when you trade in any phone in any condition. only on verizon. ♪ when you have moderate to severe eczema, it's okay to show off. with dupixent, show off your clearer skin and less itch. because you have plenty of reasons to show off your skin. with dupixent, the #1 prescribed biologic by dermatologists and allergists, you can stay ahead of your eczema. it helps block a key source of inflammation inside the body that can cause eczema to help heal your skin from within. many adults saw 90% clearer skin, some even achieved long-lasting clearer skin and fast itch relief after first dose. serious allergic reactions can occur that can be severe. tell your doctor about new or worsening eye problems such as eye pain or vision changes including blurred vision, joint aches and pain, or a parasitic infection. don't change or stop asthma medicines w

it will support apple intelligence. upgraded cameras over the prior se. e current se launched in '22 still has the home button. it is the only iphone left with the home button and the only apple product that has not been updated to remove it. they transitioned the low-end ipad to make it a full-screen design. this was the laggard. that will change now. this will make things easier for apple. they don't have to support older operating systems for much longer. they are able to move to a user interface consistent across all devices. this is a big deal for the consumer and the company. i think it will be a strong seller. caroline: how big a deal is the new ipod air? mark: that update will be minor. it was last updated alongside the ipad pro inmate. last may, they introduced a larger size of the air. they were bringing the pro display down market and that is significant for schools and businesses where you buy these in bulk and you may want something with a bigger display but not spend the extra $500. that was interesting. they are manufacturing new keyboards.

apple has released an update that enables artificial intelligence features in some iphones.e will help users to proof read texts and remove unwanted objects from photos. it's a big milestone for apple whose ai strategy has been criticised for lagging behind samsung and google. but if you are in indonesia, you may not be able to enjoy those ai 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. we area we are a week away from the presidential election. a large part of both campaigns have focused on trade policy and tariffs in particular. how would these taxes on imports impact small businesses in the united states? michelle fleury investigates. this is america's oldest active bicycle maker. it's been around since 1898. so they know what trade policy can do to american manufacturing. tariffs haven't helped you create more jobs? it basically hurt our bott

that's really what apple intelligence is all about. the photos app has a new cleanup tool which lets you remove unwanted people or objects from your photos. serie is also getting smarter. set a timer for 17 minutes. i mean, 6 minutes from the voice assistant will better understand your requests, even if you stumble. and there's a new way to type 2 series. >> double tap the bottom of your screen. pops up. asiri asks we asked apple ai has a colorful glow and whimsical animations and apple says it's doing all of this in a way that protects the privacy of your data. it's been designed with privacy from the ground up. so from the moment you open your device to any time you use an app, those privacy implications are built, right? and that's richaun tack. i'm rich demuro. >> all right. time now is 9.49, let's move to bay area sports now. the warriors hosted the pelicans out of chase center last night. steph curry deanthony melton than andrew wiggins. we're all missing. it was a little rough at first. but the warriors were able to catch the rh

i don't know if you saw this first review i saw on the times about apple intelligence.t was a ringing endorsement at all in terms of, you know, the reviewer and what their thoughts were about what it really can be used for effectively. >> is it now the concern about the high end because users feel whatever we're going to get is still on the card as regards apple indulgence? >> yeah. you may want to wait. costco has a great deal and i'm going to go. i want to see what it looks like before i jump the gun. i'm like a lot of people. i'm in that period where it's time for refresh, and i want to see what it's like. i trust it, but i want to see what it's like. i think i represent the majority of people. why don't people understand that then the next quarter is going to be better. i don't think it's a reason not to own apple. it's going to be extended 16. why not. >> we got this out of timoimo we they raise the target. >> i read that and thought they went from buy to strong buy. ben, who's our chief scientist, said, what is this? remember, mike receiver was saying the phone's

the new apple intelligence will help users to proof—read text and remove unwanted objects from photosegy has been criticised for lagging behind competitors like samsung and google. but if you're in indonesia, you might not be able to enjoy those ai features because the country has blocked the sale of iphone 16 smartphones. according to the ministry of industry, smartphones must contain 40% of locally sourced components to be sold in the country — a requirement the iphone 16 does not meet. apple has yet to respond to the ministry's statement. and before we go — a subway customer in new york is suing the fast food chain for allegedly misleading her regarding the amount of meat in their sandwiches. in her lawsuit, anna tollison claims that subway�*s advertising contains — "200%" — more meat than the steak and cheese sandwich she received. the fast food chain has not responded to requests for comment. and that's it for this edition of business today. keep watching bbc news and we will bring you more analysis on the hsbc results as we have it. thank you for watching. hey, i'mjulia with the

the new apple intelligence will help users to proof—read text and remove unwanted objects from photostrategy has come under scrutiny for lagging behind competitors like samsung and google. us coffee chain starbucks has threatened to fire corporate staff who fail to work at least three days a week in the office, according to reports from bloomberg. last year, dozens of staff signed a petition protesting against the call for a return to office working. starbucks ceo bryan niccol says the office is the best place for staff collaboration, as he tries to reverse falling sales. you are up—to—date, that his business today. let's return to them middle east where the hamas—run health ministry in gaza says an israeli air strike in the northern town of beit lahia has left at least 93 palestinians, killed or missing, including 20 children. many are said to be under the rubble of a four—storey residential building. witnesses say neighbours have been trying to drag bodies from the debris. the victims are reported to include families displaced by the renewed israeli offensive in northern gaza, which

stocks are making and later former apple ceo john scully is here and getting set to rollout apple intelligence. we'll ask him if he thinks that will mean people finally rush to the apple store for a new iphone 16 because they kind of aren't right now. it's a fox business exclusive. the "clayman countdown" is coming right back. dow is flagging down about 198 points. stay with us. meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase. woah, a lost card isn't keeping this thrill seeker down. lost her card, not the vibe. the soul searcher, is finding his identity, and helping to protect it. hey! oh yeah, the explorer! she's looking to dive deeper... all while chase looks out for her. because these friends have chase. alerts that help check. tools that help protect. one bank that puts you in control. chase. make more of what's yours. it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his

that hasn't stopped tim cook from hyping apple intelligence.laying around with a pixel phone which released some of the features and it has not changed my life so far. >> might be a little exaggeration. >> you mentioned craig fred areike who has been playing down expectations and apple typically does take that route. they don't need to be first but they want to do it best. do you think we're seeing an apple that is willing to experiment a little more these days and is that a positive signal? >> this actually quite literally is an experiment. even once all these features launch out, they're going to still be labeled as beta, meaning it's a kind of public test version that, yes, you can use it, yes, it's going to be part of the main ios upgrades you get, but again, still balta, still going to be problems with it. that also gives apple a sort of excuse to say, if it screws up, they can say, we're still working through it. at the same time, you have to game this out. moving forward, every device that apple launches is going to be capable of these a

models with the new m4 chips designed to support ai capabilities including apple's own platform apple intelligenceloomberg tech editor van warman. it is interesting that apple has earnings thursday and a series of events going up to it. mark gurman has done a lot of reporting about these macs. >> it looks like apple is trying to create a mega news cycle ahead of the holiday shopping season and it seems like the in force --m4 is coming to a series of products. the mac mini specifically is due for a drastic design refresh that would see the device getting much smaller than it is. caroline: let's put this into the context of what is needed from apple later in the week. at the moment there is anticipation apple will be fueled by artificial intelligence, interweaving itself and all the products and managed to outperform. the stock has already done pretty well. keybanc capital markets analyst saying we are banking in too much now. dana: their point, and i do not think it is a disparagement of apple, really, but it is that the underlying expectation isn't realistic assuming apple will grow across all pro

supports apple intelligence if you're out there. e company is going to be offering a sweeuite of apps. apple shares rising to new highs in yesterday's sessions. >> but the phones keep getting bigger and the ipads smaller until they converge? >> i don't know. we have one of the minis. i like the mini. >> we have a couple of them. we have a lot of -- >> big phones, small phones. a lot of people like the small phones the se. >> i love our producer and i love that i have this article, serenity now. former president trump did a really good interview yesterday all about the economy. >> yeah? >> yeah, yeah, and i was watching it and i was like, yeah, that was my first question for friday about independent to the federal reserve, right? you aulsz want the interest rate lower because you're a real estate guy but you want the fed rates higher. i look at that, yeah, i moot have asked that, i was going to ask that. instead it was bloomberg. whatever you want. donald trump defended his plans to overhaul the economy in more direct consultation wit

apple. intelligent at a meijer. austin is my guide.s really the best part about intelligence is how into it to use it is to get these new features. you have to have an iphone 15 pro or an iphone 16 model. plus the ios 18.1 software update go into settings and toggle on the switch for apple intelligence. not all the features are available just yet, but you'll get new writing tools just like what you want and then immediately write i love a show to hop between do this. it's all right there. yes, which is the best part. no third-party apps know moving around these let you highlight text and rewrite it in different styles. it works anywhere. there's a blinking cursor e-mails have a new summarized button at the top i can help you reply automatically suggesting responses to any questions in an email prioritizing saving time. that's really what apple intelligence is all about. the photos app has a new cleanup tool which lets you remove unwanted people or objects from your photos. serie is also getting smarter. set a timer for 17 minutes. i me

what the relationship is in terms of your relationship with apple intelligence. tnership means for openai and what apple will get out of it. >> great to be here. apple's obviously an amazing company. we're thrilled to be part of apple intelligence. we think it's a step forward. it's a big step. it's the first time that we're going to have ai really start to integrate into the device. you think about how people have used ai to date, it's mostly been accessing it through like apps and really simple kind of services. now you can do really interesting things on the device. so you can actually take a picture, for example, through the camera and have chatgpt understand what's going on in that image and that's, we think that's beginning to create tremendous value for consumers. for the 250 million people that use chatgpt every week we think it's going to be another way for them to experience it. >> yeah. so from a perspective. revenues continue to go up. investors, private investors are also focused on margins over time. how do you benefit economically here? this is not

this is iphone 16 pro with appl intelligence the new private, personal system deeply integrated into your phone and across your apps to help you get things done effort l lessly >> that is the iphone touting intelligence, but consumers may not be biting giving a lukewarm reception to the tech. we will have more on that. welcome back i'm frank holland. let's get you ready for the trading day ahead. stock futures are in the red across the board still you see the s&p down nearly 20 points the dow looks like it would open 130 points lower off the lows earlier. nasdaq off the lows fromm earlir this morning we want to look at the drags on the dow. you see salesforce down 1% amazon down just over .50% merck down .50% as well. we look at the bond market as we await the jobless claims the benchmark at 3.80. taking a dip and popping back up the long bond is 4.50. we have seen this tick up a bit as well. we are watching oil and continued tensions in the middle east israel carrying out fresh strikes in lebanon brent crude is back above $75 a barrel wti is still well above $70 a barrel both up 1.5%

and so apple intelligence rolling out between september and june.dn't all come out on october 28 when i expect apple intelligence to be released. you saw the apple watch ultra to be retained that model for two years in a row simply some new bands and up color option. the iphone sc is updated every two to three years. you are seeing that updated every year. so they're slowly inching away from the annual cycle. which is something it can keep up anymore. you're getting more polished products. generational regeneration potentially in more unproductive ability from apple. overall it's a mixed bag but i lean towards these generational updates being a good thing. the one product and don't think will be impacted by this there so locked into that you can really back your way out of it. it's too important and the stock prices rocketing. it's really the peripherals around the main breadwinner. ed: i would say it's a must read for the weekend. thank you very much. let's get more on this talk on apple. jordan is with us. there's a lot of noise this morning about

that allows it to support apple intelligence.out a few times, apple intelligence, the first few iterations, not that impressive. you're missing some of the first features like generative ai and creative emojis but you get things like notification summaries. i do not find the ai features that impressive but apple does have an advantage. once the ai starts working well, once they build or pay their way to successful ai features, this new ipad mini shows the company's ability to rapidly add support for new features across this ecosystem in a way that is not matched by google and samsung. while it is a small update it is indicative of the larger ability the company has to bring features online very quickly. ed: and it makes the price point interesting. from a processor standpoint it is the same as the iphone 15 probe. they both have a17 and they're kind of double dipping a little bit. you talked about the secret advantage. goa little bit further on that. -- go a little bit further on that. mark: this processor is a chip they no longe

we'll be right back with chris wallace built for apple intelligence.baby lion! now at t-mobile.com get the new iphone 16 pro on us. and families can save 20% every month versus the other big guys. can your pad absorb everything and stay fresh? always flexfoam can. it's the only pad made with a flexible foam core that locks in blood and sweat while the top stays dry. keeping you up to 100% leak and odor free. see what foam can do for you. looking for a reason to try the new $5 meal deal at mcdonalds? here's one, two, three, four and the price makes 5. that's everything you get with the new $5 meal deal at mcdonald's. pain hits fast. so get relief fast. only tylenol rapid release gels have laser drilled holes. they release medicine fast for fast pain relief. and now, get max strength topical pain relief precisely where you need it. with new tylenol precise. does mark farrell have the right experience pr to shake up city hall?it. in nearly ten years as supervisor, mark grew the bureaucracy by authorizing or creating a commission almost every year. he rubb

that's what they're going to do with apple intelligence.enough they took the ai name and they're going to call it apple intelligence. i'm sealing it in commercials already. it's hitting on their iphones, which is 51% of the sales. but the services continue to chug along and grow and grow and grow. what they do is innovate products you need like apple pay. earbuds. i can't talk on my phone without my earbuds. apple over the long term, it's a strong hold. technically it could pull back and be a strong buy. it's consolidating. i think any dip here is a good long-term buy, but i understand it's a hold. >> it's a hold for you right now. if it came down -- >> moving day average, anything around the 200 level is a time. >> it's like a hold it and not trade it stock as jim cramer is always saying. that might be true. that's apple. we just got amazon, and the shares are down 3.5%. wells fargo improved it. the analysts say their positive headwinds are on hold. it's not enough to lift the company. are you worried about the retail aspect of this? >> we

forecast when we come right back (vo) at verizon, every phone can be the new iphone 16 pro with apple intelligence. wow, phones are going to be flying to verizon. at verizon, new and existing customers can get iphone 16 pro, on us. trade in any phone, in any condition. only on verizon. >>> welcome back. thousands of dock workers on the east and gulf coasts are returning to work after nearly a week on strike. the international longshoreman's association and the united states maritime alliance announced last night that they have reached an agreement to extend their current contract until january. nbc news reports that while both sides still need to come to terms on the issue of automation, thousands of workers will now return to work after reaching a tentative deal on their wages. in a statement, president joe biden praised the news, writing in part, quote, tentative agreement on a record wage and an extension of the collective bargaining process represents critical progress towards a strong contract. among those who played a role in helping facilitate negotiations was white house national economic

>> try -- >> the -- you know, the ai compute. >> the apple intelligence? >> yeah, don't you want to try it >> how do you try it without buying the new phone. >> the beta test. >> what are they saying? >> they said it's very good at summarizing emails. >> do you know that i asked tim cook to be able to make it so that when you put in fantasy players -- because the nfl football players -- can we please have it so it doesn't spell check and automatically get them wrong all i can tell you, i don't know if he listened to me, but, wow, is it good for fantasy this year 55 million people play fantasy draftkings had an upper bump today. even espn does better under draftkings, the relationship with fantasy the spell check was just -- >> okay. i'm way out on a limb on this. i'm going to pull back. >> everything comes back to football for him everything. >> do you know what everything comes back to for me >> baseball. >> yes, the new york mets. >> i thought it was interesting that the spell check is better >> do we have time in the broadcast to just talk about -- >> y

he got his iphone 16 pro. the first iphone built for apple intelligence.d calls it a day. respect. now at t-mobile.com, get the new iphone 16 pro on us. and families can save 20% every month versus the other big guys. mom where's my homework? mommy! hey hun - sometimes, you just need a moment. self-care has never been this easy. gummy vitamins from nature made, the #1 pharmacist recommended vitamin and supplement brand. some days, you can feel like a spectator in your own life with chronic migraine, 15 or more headache days a month each lasting 4 hours or more. botox® prevents headaches in adults with chronic migraine before they start. and treatment is 4 times a year. in a survey, 91% of users wish they'd started sooner. so why wait? talk to your doctor. effects of botox® may spread hours to weeks after injection causing serious symptoms. alert your doctor right away as difficulty swallowing speaking, breathing, eye problems, or muscle weakness can be signs of a life-threatening condition. side effects may include allergic reactions, neck and injection si

apple intelligence is pret-ty awesome. (man) nice.hone. (man) whoa, whoa, whoa! ♪ (vo) at verizon new and existing customers can get iphone 16 pro on us. when you trade in any phone in any condition. only on verizon. oh... stuffed up again? so congested! you need sinex saline from vicks. just sinex, breathe, ahhhh! what is — wow! sinex. breathe. ahhhhhh! your memory is an amazing thing, but sometimes it can start to slow down. but did you know prevagen can help keep your memory sharp? the secret is the powerful ingredient, apoaequorin, originally discovered in jellyfish and found only in prevagen. in a clinical study, prevagen was shown to improve memory in subgroups of individuals who were cognitively normal or mildly impaired. stay sharp and improve your memory with prevagen. prevagen. in stores everywhere without a prescription. >>> he swings and drives one out towards right center. and it's gone. >> garret mitchell's two-run home-run gives the milwaukee brewers a late lead over the new york mets last night. mitchell's go ahead sho

the support of the american administration because this war must end with a knock-out. with apple intelligence. wow phones are going to be flying to verizon. at verizon new and existing customers can get iphone 16 pro, and a new ipad all on us. only on verizon. incoming dishes. —ahhh! —duck! dawn powerwash flies through 99% of grease and grime in half the time. yeah, it absorbs grease five times faster. even replaces multiple cleaning products. ooh, those suds got game. dawn powerwash. the better grease getter. i'm not a doctor. i'm not even in a doctor's office. i'm standing on the streets talking to real people about their heart. how's your heart? my heart's pretty good. —you sure? —i think so. how do you know? you're driving a car, you have the check engine light. but the heart doesn't have a hey, check heart sign. i want to show you something. put both fingers right on those pads. there you go. in 30 seconds we're going to have a medical-grade ekg reading. —there it is! —that is you. look at that. with kardiamobile, you can take a medical-grade ekg in just 30 seconds from anywhere. kardiam

apple intelligence is pret-ty awesome. (man) nice.hen you trade in any phone. (man) whoa, whoa, whoa! ♪ (vo) at verizon new and existing customers can get iphone 16 pro on us. when you trade in any phone in any condition. only on verizon. still have symptoms from moderate to severe ulcerative colitis or crohn's disease after a tnf blocker like humira or remicade? put them in check with rinvoq. rinvoq works differently and it's a once-daily pill. when symptoms tried to take control, i got rapid relief with rinvoq. check. when flares tried to slow me down, i got lasting steroid-free remission with rinvoq. check. and when my doctor saw damage, rinvoq helped visibly reduce damage of the intestinal lining. check. rapid symptom relief. lasting, steroid-free remission. and visibly reduced damage. check, check and check. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal; cancers, including lymphoma and skin; heart attack, stroke, and gi tears occurred. people 50 and older with a he

(vo) at verizon every phone can be the new iphone 16 pro with apple intelligence. w phones are going to be flying to verizon. switch to verizon and get the new iphone 16 pro, and get a new ipad and apple one, all on us. only on verizon. arthel: latest fox news polling that shows two thirds of americans are in favor of deporting illegal migrants. the new data comes just after several high profile arrests including one of the venezuelan migrants involved in the attack of two nypd officers in times square. cb cotton live right here in new york city with the very latest. >> hi arthel. nice to see you. darwin gomez is facing deportation back to his home country of venezuela after being taken into custody by ice agents earlier this week. he had been behind bars since about february being held without bail for his alleged role and the assault of nypd officers. he was sentenced this fall and released earlier this month from rikers island correctional facility. ice was able to nab him shortly after. typically new york city sanctuary laws prevent city agencies from cooperatin

(vo) at verizon every phone can be the new iphone 16 pro with apple intelligence. wow phones are going to be flying to verizon. switch to verizon and get the new iphone 16 pro, and get a new ipad and apple one, all on us. only on verizon. >>> 40 past the hour with just 18 days until election day, and the conflict in the middle east growing, the crisis in the region could determine how many arab americans will cast their ballot in the race for the white house. yasmin -- it's great to see you. what did you learn from these voters? >> this is my third time in deerborn throughout this election season, and these group of voters feel forgotten. they feel their vote only matter when is there is an election, but in the interim period they are not heard. and they feel as if the war both in gaza and now spilling out to lebanon is representative of the fact that their vote doesn't necessarily -- or their vote doesn't necessarily matter. let's take a listen to more of what they had to say, jose, and then we'll talk on the other side. >> how are you feeling two and a half weeks

(vo) at verizon every phone can be the new iphone 16 pro with apple intelligence. wow phones are going to be flying to verizon. switch to verizon and get the new iphone 16 pro, and get a new ipad and apple one, all on us. only on verizon. leo! [whistling] ever since we introduced him to the farmer's dog, it's changed his quality of life. leo's number 2's are really getting better. better poo, better you! that's a good boy, leo! ♪♪ >>> vice president harris is working to solidify her support with latino voters. this week she participated in a town all with spanish-language giant univision. latino support harris by a wide margin but according to national polls she is underperforming joe biden's levels from the 2020 election. >> literally, having a choice as the american people about choosing a path, either that is about rule of law, democracy, or something that is about admiring dictators and autocracy. ♪ ♪ >> josi deas, we heard him on our air yesterday on he really made the case there is not a latino vote but there are latino voters. i just wanted to repeat what he

apple intelligence is pret-ty awesome. (man) nice.et it when you trade in any phone. (man) whoa, whoa, whoa! ♪ (vo) at verizon new and existing customers can get iphone 16 pro on us. when you trade in any phone in any condition. only on verizon. >>> here's a look at the forecast in some cities around the country. ♪ >>> astronomers say new discoveries on pluto's biggest moon could help them figure out how that moon and many other icy bodies in the solar system are born. they say the james webb space telescope helped them detect carbon dioxide and hydrogen peroxide on the moon's surface. scientists believe this could eventually shed light on the beginnings of our solar system. >>> the nation's top convenience store and day two of the dock workers strike. here's shanelle kaul with today's cbs "moneywatch." >> reporter: u.s. stocks closed in the red tuesday amid rising tensions in the middle east after iran fired missiles at israel. >>> the dow lost 173 points. the nasdaq was down 278, and the s&p 500 was down 53 points. >>> from maine to

hello apple intelligence free educational sessions about the features upcoming on the apple's ai platformthe sessions are being held at apple stores across the country for customers of all ages. apple intelligence was just released for ipads, iphones and computers this week. >> bart's anime mascots will make their latest appearance at a pop up event on the peninsula. the characters were created in an effort to engage new riders. then, as part of a collaboration, fang taiwan fruit tea shops added the characters on some of its menu items. today's event will take place at ye fang tea location in colma. a mountain lion attack put a dog at death's door. the recovery, vets say, is nothing short of miraculous. >> google's parent company, alphabet, had a surge in the stock market yesterday. the announcement behind that jump in value you are looking live at the big board at the new york stock exchange. >> you can see we're down about seven points. another update on how the markets are doing next a medical marijuana pioneers home is now a museum. >> the push to preserve a piece of san francisco his