The 'Halftime' Investment Committee debate if Apple shares are overvalued
CNBC's Steve Kovach joins 'Halftime Report' at Apple's WWDC with the latest on what to expect from the company.
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- Yahoo
Your iPad's Getting Four New Apps That Used to Be Mac-Only
iPadOS 26 introduces four apps to iPads. The new additions: Journal, Games, Preview, and Phone. Features roll out this you've ever wished your iPad were more like a Mac, Apple's WWDC 2025 brings some good news. With iPadOS 26, iPads gain a new Liquid Glass redesign, enhanced audio and video recording, and a powerful windowing system, plus four apps that Mac users have enjoyed for quite some time: Journal, Games, Preview, and Phone. Previously, the Journal and Phone apps were limited to iPhone users, but with the forthcoming update, you'll be able to jot down thoughts, doodle with Apple Pencil, and include photos and videos in entries. The Phone app's arrival includes Call Screening and Hold Assist. And for folks who want to stay in touch, the Apple Games app coming to iPad includes an option to call a friend to join you. Finally, the Preview app for iPad introduces a more streamlined way to edit and annotate a PDF or create sketches on the fly. Sounds like it's going to be a great update to us!With iPadOS 26, app additions that aren't new to the Apple ecosystem but brand-new to the iPad will offer more Mac-like versatility. These apps, on top of the Liquid Glass redesign and window management, audio, and video enhancements, could supercharge your 7 Note-Taking Apps for iPad and iPad Pro to Try in 2025 Read the original article on Lifewire
CNBC
an hour ago
- CNBC
Asia-Pacific markets set to open mixed as investors assess Trump's 'done' deal with China
Hong Kong. Kowloon. Busy street in Mong Kok District. Acavalli | E+ | Getty Images Asia-Pacific markets were set to open mixed as traders assessed U.S. President Donald Trump's declaration that a trade deal with China was "done." Chinese imports would invite 55% tariffs, Trump suggested. Commerce Secretary Howard Lutnick confirmed that tariffs on China will stay at that level. Japan's benchmark Nikkei 225 was set to open lower, with the futures contract in Chicago at 38,330 while its counterpart in Osaka last traded at 38,400 compared with the index's last close of 38,421.19. Futures for Hong Kong's Hang Seng index last traded at 24,252, pointing to a weaker open compared to the HSI's last close of 24,366.94. Australia's S&P/ASX 200 was set to start the day higher, with futures tied to the benchmark at 8,622, compared to the index's close of 8,592.1 in the previous session. Traders will be looking toward a slate of inflation data coming out of the Philippines and Thailand later in the day. U.S. stock futures fell as traders weighed a preliminary U.S.-China trade agreement and new inflation data. S&P 500 futures traded down 0.2%, along with Nasdaq 100 futures. Futures tied to the Dow Jones Industrial Average were also lower by 72 points, or 0.2%. These moves come after U.S. consumer prices rose less than expected in Ma. The consumer price index climbed 0.1% for the month, compared with the Dow Jones forecast for a 0.2% rise. Core CPI, which excludes food and energy prices, also rose less than expected. Overnight stateside, all three key benchmarks closed lower. The market's recent run higher took a breather as major indexes ended the session near previous closing levels. Trump said earlier in a Truth Social post that the deal with China was "done, subject to final approval with President Xi and me." As part of the deal framework, he said that magnets and "any necessary rare earths" will be supplied up front by China and the U.S. will allow Chinese students to attend U.S. colleges and universities, adding that "WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%." — CNBC's Brian Evans, Pia Singh, Sean Conlon contributed to this report. U.S. crude oil futures rose more than 4% Wednesday on escalating tensions in the Middle East. Brent crude futures rose $2.90, or 4.34%, to close at $69.77 barrel. U.S. West Texas Intermediate crude gained $3.17, or 4.88%, to settle at $68.15. The U.S. is preparing a partial evacuation of its embassy in Iraq due to heightened security risks in the region, sources told Reuters. The U.S. military has authorized the "voluntary departure" of troops' dependents from the Middle East due to rising tensions with Iran, sources told the Associated Press. — Spencer Kimball The widely followed $39 billion 10-year Treasury auction provided some relief to investors who have been worried about global demand for the government asset. The yield of 4.221% came in 7 basis points below the level when issued. Meanwhile, the level of direct and indirect bidding took control 91% of the auction, a similar pace last month but the most since February 2023, according to Peter Boockvar, chief investment officer of Bleakley Financial Group. However, the bid to cover of 2.52 came in below the previous 12 month average of 2.57, marking the second weakest since October 2024. "The 10 yr note auction was somewhat of a mixed bag but more good than not," Boockvar said. Nonetheless, BMO's called the auction a "strong" one as demand Treasurys remains solid in the uncertain macro environment. — Yun Li
Miami Herald
an hour ago
- Miami Herald
First look: Tesla's biggest bet in years makes street debut
It has been a long time coming, but the moment is finally here. Tesla (TSLA) has officially rolled out its robotaxi program in Austin, Texas, after years of promises and missed deadlines. Tesla has teased its robotaxi program since CEO Elon Musk first mentioned it in 2016, but its development has moved at a snail's pace. Related: Tesla takes drastic measures to keep robotaxi plans secret Apple co-founder Steve Wozniak was a self-described early believer in Tesla, but in recent years, he has made it his mission to warn the world about its Full Self-Driving technology. "Boy, if you want to study AI gone wrong, and making a lot of claims, and trying to kill you every chance it can, get a Tesla," Wozniak told CNN in a 2023 interview. Wozniak was a former Tesla booster, dating back to 2016, when he said he had spent a lot of money upgrading his vehicle. The upgrade included a camera and radar in the vehicle, and Musk promised that the car would be able to drive itself across the country by the end of 2016. Musk then said, according to Woz, that a new vehicle upgrade with eight cameras and even more sensors would allow the car to drive itself cross-country by the end of 2017. Eight years later, Tesla still can't drive itself cross-country, but the company is showcasing its progress on the streets of Austin. Self-driving Teslas with no one in the driver's seat were spotted in Austin this week. The video circulating online does, however, seem to show a human inside. The car in the video, with the word "Robotaxi" written on the door, successfully yields to pedestrians legally crossing in the crosswalk. According to Musk, Tesla plans to test only about 10 vehicles during this initial pilot run. Still, the ultimate plan is to have every Tesla on the road capable of serving as a robotaxi. Related: Tesla faces new challenge as leader announces exit Earlier this year, Tesla said its FSD system has driven a cumulative total of 3.6 billion miles, nearly triple the 1.3 billion cumulative miles it reported a year ago. The company has fought to keep its robotaxi plans in Austin top secret. News organizations have requested Freedom of Information Act access to communications from the last two years between the company and city officials in February, after Musk announced in January that robotaxis were coming to Austin. The city's public information officer told the news agency that "third parties" asked the city to withhold those records to protect their "privacy or property interests." While Tesla recently killed its Cybercab concept, at least for now, the company plans to test Model Ys already on the road as part of its robotaxi program. "It's prudent for us to start with a small number, confirm that things are going well, and then scale it up," Musk told CNBC's David Faber. Once it proves its concept in Austin, Tesla plans to expand the robotaxi program to Los Angeles and San Francisco soon after. California was Tesla's old stomping grounds before Musk moved the company's HQ to Austin in 2021 due to what he said were arduous regulatory practices, which may have been related to the company's operation during the Covid pandemic. With Tesla's plan to expand in the state, Musk will be heading back into that regulatory environment, except now the rules governing autonomous driving are much stricter. In April, the California Department of Motor Vehicles announced that it is seeking public comment on proposed regulations for self-driving vehicles. Related: Tesla's robotaxi rollout is alarming the public, new report shows The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
