Overnight, US tech stocks shone brightly.
At 1am Beijing time on September 10th, Apple held a special autumn event and officially released four new phones, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, as well as new products such as Apple Watch Series 10, AirPods 4 true wireless earphones, and announced that Apple Intelligence will be released next month.
With the highly anticipated full debut of Apple Intelligence, the iPhone 16 series designed specifically for Apple Intelligence has been released, officially ushering Apple into a new era of AI.
Oracle, with its first quarter performance exceeding expectations and an optimistic outlook for AI demand, and a well-known cloud business, saw a surge of over 9% after the market closed on the 9th. The company's Chairman and Chief Technology Officer Larry Ellison stated that the recent signing of the Amazon AWS contract is a milestone in the era of multi cloud.
After losing the lawsuit in the search business, Google was once again involved in antitrust litigation over digital advertising. On Monday local time, the US Department of Justice and Google went to court to fiercely debate whether Google illegally controlled the software market used to purchase and sell digital ads. The case is expected to continue trial for four weeks, and the outcome of the trial is still unknown.
The three major US stock indices have risen by over 1%
On the first trading day of this week, the three major US stock indices collectively rebounded by over 1%. As of the close, the Dow Jones Industrial Average rose 484.18 points, or 1.20%, to 40829.59 points; The S&P 500 index rose 62.63 points, or 1.16%, to 5471.05 points; The Nasdaq rose 193.77 points, or 1.16%, to 16884.60 points.
Most large technology stocks have risen, with Nvidia rising over 3%, Amazon and Tesla rising over 2%, Netflix and Microsoft rising over 1%, and Apple and Meta rising slightly; Google fell more than 1%.
The chip, semiconductor, and aviation sectors saw the highest growth, with ARM rising over 7%, AMD rising over 6%, United Airlines rising over 5%, and TSMC, American Airlines, Delta Air Lines, and Boeing rising over 3%.
Popular Chinese concept stocks fluctuated, with the Nasdaq China Golden Dragon Index rising 0.69%. NIO rose nearly 11%, and its second quarter financial report far exceeded expectations. IQiyi rose over 5%, Ideal Auto rose over 3%, Vipshop rose over 2%, and Futu Holdings, Baidu, and Alibaba rose slightly. Weibo fell more than 2%, while Pinduoduo, JD.com, Manbang, Xiaopeng Motors, Tencent Music, Bilibili, and NetEase experienced slight declines.
The market is closely monitoring the US presidential debate on Tuesday, as well as the upcoming CPI and PPI data on Wednesday and Thursday, which may have a significant impact on the Federal Reserve's interest rate cut decision before the meeting.
On Monday local time, Michael Yoshikami, founder and CEO of Destination Wealth Management in the United States, stated that a significant interest rate cut would indicate that the Federal Reserve is ready to take action, but it does not mean that the central bank is sending a signal of deeper concerns about the recession. I wouldn't be surprised if they directly cut interest rates by 50 basis points
This can be seen as a very positive signal that the Federal Reserve is taking necessary measures to support employment growth, "he believes.
What can Apple Smart do?
At 1am Beijing time on September 10th, Apple held a special autumn event, and the highly anticipated Apple Smart made its full debut.
Apple Intelligence is deeply integrated with iOS 18, iPadOS 18, and macOS Sequoia, and will be released with these new systems. Apple Intelligence can utilize the power of Apple chips to understand and generate language and images, perform operations across apps, simplify and accelerate daily tasks based on users' personal situations, while protecting users' privacy and security. More related features will be gradually launched in the coming months.
Not all regions can use Apple Smart for the first time. When Apple Smart was released, it supported American English and will expand to localized English in Australia, Canada, New Zealand, South Africa, and the United Kingdom in December. It will also support more languages such as Chinese, French, Japanese, and Spanish next year.
Writing Tools can rewrite, proofread, and edit user input text across the entire system, including emails, memos, Pages documents, and third-party apps.
In the photo app, users only need to enter a description, and the "recall" function can create the video they want to watch for them. In addition, users can also use natural language to search for specific photos, and the search function within the video is more powerful, allowing them to find specific moments within the video. The new elimination tool can identify and remove debris in the background of photos without affecting the subject.
In memo and phone apps, users can record audio, transcribe it into text, or perform other tasks. When using the phone app to initiate a call recording, the call participants will automatically receive a notification, and when the call ends, Apple Smart will also generate a copy to help users review the key points.
Apple Intelligence can aggregate notifications from various apps, use the priority information function in the email app to understand email content, and prioritize displaying emails that need to be processed in a timely manner, thereby helping users distinguish between priorities and focus on current affairs. It will generate for all emails in the user's inbox, conveying the most important information in each email, rather than simply displaying the first few lines of text in preview form. The intelligent reply function of the email app provides users with quick reply suggestions and can also identify issues in emails to ensure that all questions are responded to.
In Apple Intelligence, Siri is also more natural, flexible, and deeply integrated with the system experience. On Mac, users can place Siri anywhere on their desktop and call it anytime. Users can communicate with Siri at any time by typing text or switching between text and voice on iPhone, iPad, and Mac, accelerating daily tasks. Even if the user's expression is not coherent enough, Siri can understand and still use contextual scenarios for consecutive requests. In addition, Siri can answer thousands of questions about Apple device features and settings.
It is worth mentioning that many models that drive Apple's intelligence run entirely on the device side, but in order to run complex requests that require more computing power, Apple Intelligence will call Private Cloud Compute while ensuring privacy and security protection consistent with Apple's device side computing.
When using private cloud computing, user data is not saved or shared with Apple, but only used to process their requests. Users who choose to access ChatGPT through Siri or Writing Tools will also benefit from built-in privacy protection features, where users' IP addresses will be blocked and OpenAI will not store their requests. Users can access ChatGPT for free without creating an account, and ChatGPT's data usage policy applies to users who choose to associate their accounts.
The first iPhone series designed for Apple's intelligence
Both iPhone 16 and iPhone 16 Plus models are equipped with the new A18 chip, while iPhone 16 Pro and iPhone 16 Pro Max are equipped with the more powerful A18 Pro chip. Other updates focus on camera control, camera system upgrades, quick access to commonly used function buttons, and improved battery life.
This is the best time for users to upgrade their existing iPhone or switch to an iPhone, "said Kaiann Drance, Apple's Vice President of Global iPhone Product Marketing.
The iPhone 16 series is designed for Apple's intelligence, utilizing Apple chips and their generative models combined with users' personal contexts to achieve intelligent functions and fully protect the privacy and security of user data.
The A18 chip is built on the second-generation 3-nanometer process technology and can support graphics intensive games, drive computational photography functions, and accelerate Apple's intelligence. The upgraded 16 core neural network engine is optimized for large generative models, and the speed of running machine learning models can be increased by up to 2 times compared to the A16 bionic chip.
Pressing the operation button can easily access various functions, such as quickly turning on the camera, flashlight, or other control options; Switch between ringing and silent modes; Enable voice memo, focus mode, translation, and auxiliary functions (such as amplifiers); Or use the shortcut command app to launch more options. The operation buttons can also be used to access functions within the app.
Another newly added button is a tactile switch for controlling the camera, which can quickly start the camera to take photos and record videos. The new camera preview facilitates users in framing and composition, and can also be used to adjust other control options such as zoom, exposure, depth of field, etc. Developers can also integrate camera control functions into various third-party apps.
In terms of imaging, the 48 megapixel fused camera supports a 2x optical quality telephoto option, "like combining two lenses in one", bringing the camera closer to the subject and facilitating user framing. The brand new 12 megapixel ultra wide angle camera with autofocus function supports macro photography in addition to taking wide-angle photos.
The upgrade of imaging function also considers the use of Apple Vision Pro. The iPhone 16 series can capture spatial photos and videos, and the video mode supports spatial audio recording. Users can enjoy excellent depth of field effects and immersive listening experience on Apple Vision Pro to relive beautiful memories.
The price of the iPhone 16 series remains firm, with starting prices of 5999 yuan, 6999 yuan, 7999 yuan, and 9999 yuan for iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max, respectively. The new device will be available for pre order starting from September 13th (Friday) and officially released on September 20th (Friday).
Oracle bone script surged 9% after the market closed
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