China's Recovery 'Has Legs': Franklin Templeton's Tan
Chinese stocks trading in Hong Kong remain in bullish territory and the recovery still "has legs," Franklin Templeton Institute investment strategist Christy Tan tells Bloomberg TV's Haslinda Amin.
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Forbes
an hour ago
- Forbes
Meet The Humanoid Robot Designed To Clean Your Hotel Room
The Zerith H1 restocks amenities in a hotel shower. It can also clean floors and pick up towels and ... More clothes. Next time you toss used towels onto the floor of your hotel room, it could be a housekeeping robot scooping them up. Meet Zerith H1, a humanoid robot designed specifically for the hospitality industry. The bot can autonomously clean floors, restock amenities and even scrub toilets with a brush. Chinese startup Zerith Robotics, founded in January with a focus on the large-scale deployment of humanoids, says the H1 has the power to transform the hospitality industry, which took a hit during the COVID-19 pandemic, when travel sharply declined and holing up at home became the norm, leading many laid-off or furloughed employees to ditch the industry for more secure jobs. The American Hotel & Lodging Association's 2025 annual state of the industry report indicates that the industry is still short some 200,000 workers from pre-pandemic levels. Zerith H1 has a torso — height adjustable from ground level up to 6.5 feet — attached to a small base outfitted with flexible wheels. Its arms, with seven degrees of freedom, can lengthen to about 2.5 feet and be outfitted with dexterous robo-hands. It's equipped with artificial intelligence, sensors and depth cameras that allow it to avoid obstacles and navigate narrow hallways and rooms with various layouts. It has a battery life of four hours. Zerith Robotics recently posted a video showing the bot at work in a hotel bathroom — tossing towels in a laundry hamper like a pro, replenishing toiletries, tidying the counter and even filling a vase of flowers with fresh water from the sink. 'We chose the hospitality industry because our ultimate goal is to enter households,' Min Yuheng, founder of Zerith Robotics, said in an email. 'Hotels serve as an ideal standard scenario leading to homes, with clear demands and reusable data that can be applied to household settings.' Robotic devices have been vacuuming carpets, mopping floors and cleaning litter boxes for years now. But while companies from 1X to Tesla are working on humanoid robots to help with household chores, it's still unusual to see these androids roaming messy homes, brooms in their robo-hands. Zerith was jointly incubated by Tsinghua University and the Jianghuai Advanced Technology Center and has assembled experts in artificial intelligence and robotics from such companies as Baidu, TikTok owner ByteDance and iFlyTek, which supplies voice recognition software. The H1 housekeeping bot needs more training to adapt to diverse environments before it can infiltrate the home market, Yuheng said. Then there's the price. If Zerith ultimately envisions the H1 as a domestic helper, the bot's current tag of around $13,700 isn't exactly hospitable to the average consumer. A representative from the American Hotel & Lodging Association declined to comment on what housecleaning robots would mean for human workers, but acknowledged labor shortages in the sector. In a survey released earlier this year by the AHLA, nearly 65% of hotels polled continued to report staffing were most common in housekeeping, at 38%, followed by front desk roles, at 26%. Hotels also reported having trouble finding workers to fill culinary positions and maintenance roles. While hotels have yet to widely incorporate robots into their workforce, some have already started experimenting with them. Among these businesses are Seattle's Astra hotel, where Sparky the robot butler will happily deliver your room service order, and Yotel NYC in Times Square, where a 15-foot robotic arm hoists luggage into storage lockers in the lobby for travelers who want to walk around unburdened before or after checking in. But robots don't always make hotel life smoother for guests — at least not yet. In 2019, the 'world's first robot hotel' fired more than half of its 200-plus robot workers after guest complaints about technical difficulties made the machines more trouble than they were worth. One staff member reportedly said, 'It's easier now that we're not being frequently called by guests to help with problems with the robots.'
CNET
an hour ago
- CNET
CNET's Daily Price Tracker: I'm Watching How Prices Are Moving as Major Sales Approach
A trade court has ruled Trump's tariff barrage illegal, but the possibility of prices climbing remains. James Martin/CNET For CNET's tariff price tracker, I've been keeping an eye on several products that have a high chance of being affected by President Donald Trump's tariff agenda. Most prices I've been looking at have remained stable so far, aside from notable increases for the Xbox Series X and a budget-friendly 4K TV, and occasional discounts during big sale periods, which is currently the case for some popular earbuds, an affordable soundbar and a best-selling pack of batteries. With all that said, the broader impact of these import taxes is still on the horizon, especially as Trump now claims that tariff rates against China are going back up to 55% soon. The Trump administration has also been working to undo a trade court ruling which found that Trump has no authority to set tariffs as he has been -- a move now being argued before an appeals court. We'll see how that ultimately plays out, but for now, the possibility that the president's tariff policies will lead to price hikes remains likely. That's why I'm continuing to monitor several key products you might want or need to buy soon, to keep track of the potential tariff impacts. CNET Tariff Tracker Index Above, you can check out a chart with the average price of the 11 products included in this piece over the course of 2025. This will help give you a sense of the overall price changes and fluctuations going on. Further down, you'll be able to check out charts for each individual product being tracked. For now, the average price for all of the products we're covering is down noticeably compared to May, though this might be a result of the various sales going around to kick off the summer. You can probably expect that trend to continue into next month when Amazon holds its Prime Day sale, which I anticipate will be a good time to make a lot of purchases before tariff impacts really start to take hold. We'll be updating this article regularly as prices change. It's all in the name of helping you make sense of things so be sure to check back every so often. For more, check out CNET's guide to whether you should wait to make big purchases or buy them now and get expert tips about how to prepare for a recession. Now Playing: Should You Buy Now or Wait? Our Experts Weigh In on Tariffs 09:42 Methodology We're checking prices daily and will update the article and the relevant charts right away to reflect any changes. The following charts show a single bullet point for each month, with the most recent one labeled "Now" and showing the current price. For the past months, we've gone with what was the most common price for each item in the given month. In most cases, the price stats used in these graphs were pulled from Amazon using the historical price-tracker tool Keepa. For the iPhones, the prices come from Apple's official materials and are based on the 128-gigabyte base model of the latest offering for each year: the iPhone 14, iPhone 15 and iPhone 16. For the Xbox Series X, the prices were sourced from Best Buy using the tool PriceTracker. If any of these products happen to be on sale at a given time, we'll be sure to let you know and explain how those price drops differ from longer-term pricing trends that tariffs can cause. The 11 products we're tracking Mostly what we're tracking in this article are electronic devices and digital items that CNET covers in depth, like iPhones and affordable 4K TVs -- along with a typical bag of coffee, a more humble product that isn't produced in the US to any significant degree. The products featured were chosen for a few reasons: Some of them are popular and/or affordable representatives for major consumer tech categories, like smartphones, TVs and game consoles. Others are meant to represent things that consumers might buy more frequently, like printer ink or coffee beans. Some products were chosen over others because they are likely more susceptible to tariffs. Some of these products have been reviewed by CNET or have been featured in some of our best lists. Below, we'll get into more about each individual product, and stick around till the end for a rundown of some other products worth noting. iPhone 16 The iPhone is the most popular smartphone brand in the US, so this was a clear priority for price tracking. The iPhone has also emerged as a major focal point for conversations about tariffs, given its popularity and its susceptibility to import taxes because of its overseas production, largely in China. Trump has reportedly been fixated on the idea that the iPhone can and should be manufactured in the US, an idea that experts have dismissed as a fantasy. Estimates have also suggested that a US-made iPhone would cost as much as $3,500. Something to note about this graph: The price listed is the one you'll see if you buy your phone through a major carrier. If you, say, buy direct from Apple or Best Buy without a carrier involved, you'll be charged an extra $30, so in some places, you might see the list price of the standard iPhone 16 listed as $830. Apple's been taking a few steps to protect its prices in the face of these tariffs, flying in bulk shipments of product before they took effect and planning to move production for the US market from China to India. This latter move drew the anger of Trump again, threatening the company with a 25% tariff if they didn't move production to the US, an idea CEO Tim Cook has repeatedly shot down in the past. This came after Trump gave a tariff exemption to electronic devices including smartphones, so the future of that move seems in doubt now. Apple's flagship device is still the top-selling smartphone globally, as of Q1 of this year, although new research from the firm Counterpoint suggests that tariff uncertainty will cause the brand's growth to stall a bit throughout the rest of 2025. Duracell AA batteries A lot of the tech products in your home might boast a rechargeable energy source but individual batteries are still an everyday essential and I can tell you from experience that as soon as you forget about them, you'll be needing to restock. The Duracell AAs we're tracking are some of the bestselling batteries on Amazon. This particular pack hasn't seen much shift in pricing in the last few months, but it's currently around $3 off on Amazon, so it's a good time to pick up some batteries if you need them. Samsung DU7200 TV Alongside smartphones, televisions are some of the most popular tech products out there, even if they're an infrequent purchase. This particular product is a popular entry-level 4K TV and was CNET's pick for best overall budget TV for 2025. Unlike a lot of tech products that have key supply lines in China, Samsung is a South Korean company so it might have some measure of tariff resistance. This model is currently about $29 more expensive than usual on Amazon, but we'll have to wait and see if this is a temporary change or a more permanent shift in pricing. Xbox Series X Video game software and hardware are a market segment expected to be hit hard by the Trump tariffs. Microsoft's Xbox is the first console brand to see price hikes -- the company cited "market conditions" along with the rising cost of development. Most notably, this included an increase in the price of the flagship Xbox Series X, up from $500 to $600. Numerous Xbox accessories also were affected and the company also said that "certain" games will eventually see a price hike from $70 to $80. Initially, we were tracking the price of the much more popular Nintendo Switch as a representative of the gaming market. Nintendo has not yet hiked the price of its handheld-console hybrid and stressed that the $450 price tag of the upcoming Switch 2 has not yet been inflated because of tariffs. Sony, meanwhile, has so far only increased prices on its PlayStation hardware in markets outside the US. AirPods Pro 2 The latest iteration of Apple's wildly popular true-wireless earbuds are here to represent the headphone market. Much to the chagrin of the audiophiles out there, a quick look at sales charts on Amazon shows you just how much the brand dominates all headphone sales. Earlier in the year, they tended to hover around $199 on the site, a notable discount from its $249 list price, but the price is currently the much more enticing $169, so move fast if you want an affordable pair. (Or maybe just wait for the rumored AirPods Pro 3.) HP 962 CMY printer ink This HP printer ink includes cyan, magenta and yellow all in one product and recently saw its price jump from around $72 -- where it stayed for most of 2025 -- to $80, which is around its highest price over the last five years. We will be keeping tabs to see if this is a long-term change or a brief uptick. This product replaced Overture PLA Filament for 3D printers in this piece, but we're still tracking that item. Anker 10,000-mAh, 30-watt power bank Anker's accessories are perennially popular in the tech space and the company has already announced that some of its products will get more expensive as a direct result of tariffs. This specific product has also been featured in some of CNET's lists of the best portable chargers. This particular model is showing as out-of-stock on Amazon for the time being, but was most recently back up to $26 after a brief sale. Bose TV speaker Soundbars have become important purchases, given the often iffy quality of the speakers built into TVs. While not the biggest or the best offering in the space, the Bose TV Speaker is one of the more affordable soundbar options out there, especially hailing from a brand as popular as Bose. This product has been one of the steadiest on this list in terms of price throughout the year, but it's currently on sale for $199, potentially as part of Amazon's Memorial Day sale. So, if you're looking for an affordable, tariff-free TV speaker, now might be the time. Oral-B Pro 1000 electric toothbrush They might be a lot more expensive than their traditional counterparts but electric toothbrushes remain a popular choice for consumers because of how well they get the job done. I know my dentist won't let up on how much I need one. This particular Oral-B offering was CNET's overall choice for the best electric toothbrush for 2025. Lenovo IdeaPad Flex 5i Chromebook Lenovo is notable among the big laptop manufacturers for being a Chinese company making its products especially susceptible to Trump's tariffs. Starbucks Ground Coffee (28-ounce bag) Coffee is included in this tracker because of its ubiquity -- I'm certainly drinking too much of it these days -- and because it's uniquely susceptible to Trump's tariff agenda. Famously, coffee beans can only be grown within a certain distance from Earth's equator, a tropical span largely outside the US and known as the "Coffee Belt." Hawaii is the only part of the US that can produce coffee beans, with data from USAFacts showing that 11.5 million pounds were harvested there in the 2022-23 season -- little more than a drop in the mug, as the US consumed 282 times that amount of coffee during that period. Making matters worse, Hawaiian coffee production has declined in the past few years. All that to say: Americans get almost all of their coffee from overseas, making it one of the most likely products to see price hikes from tariffs. Other products As mentioned before, we occasionally swap out products with different ones that undergo notable price shifts. Here are some things no longer featured above, but that we're still keeping an eye on: Nintendo Switch: The baseline handheld-console hybrid has held steady around $299 most places -- including Amazon impending release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. impending release of the Switch 2 remains to be seen. This product was replaced above with the Xbox Series X. Overture PLA 3D printer filament: This is a popular choice on Amazon Here are some products we also wanted to single out that haven't been featured with a graph yet: Razer Blade 18 (2025), 5070 Ti edition: The latest revision of Razer's largest gaming laptop saw a $300 price bump recently, with the base model featured an RTX 5070 Ti graphics card now priced at $3,500 ahead of launch, compared to the $3,200 price announced in February. While Razer has stayed mum about the reasoning, it did previously suspend direct sales to the US as Trump's tariff plans were ramping up in April. Asus ROG Ally X: The premium version of Asus's Steam Deck competitor handheld gaming PC recently saw a price hike from $799 to $899, coinciding with the announcement of the company's upcoming Xbox-branded Ally handhelds.
Yahoo
an hour ago
- Yahoo
Voyager IPO, Elon Musk's regret, GameStop Q1 revenue declines
Yahoo Finance host Julie Hyman tracks today's top moving stocks and biggest market stories in this Market Minute, including Voyager Technologies (VOYG) making its public debut on the New York Stock Exchange via an IPO, Tesla (TSLA) CEO and SpaceX ( founder Elon Musk voicing his regret over the public fallout and ensuing feud with President Trump, and shares of video game retailer GameStop (GME) pulling back after reporting a decline in its first quarter revenue. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's market minute. US stocks wavering following a softer than expected inflation reading and as the US and China look to salvage their trade truce. Voyager technology shares lifting off in their public debut. The stock trading on the New York Stock Exchange opening at 6965 after pricing its IPO at $31 per share. The space and defense tech company's listing comes on the heels of last week's big IPO from Circle. Tesla shares edging higher as CEO Elon Musk voices his regret over the recent public feud with President Trump. Musk saying in a post on X that he regrets some of his posts about Trump last week, and that they went too far. GameStop under pressure following its quarterly results. The meme stock reporting a decline in net sales compared to the prior year's first quarter. The company also reporting it purchased 4710, 4,710 Bitcoin between May 3rd and June 10th. And that's your Yahoo! Finance market minute. For more and what's trending on Yahoo! Finance, scan the QR code below. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
