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Apple unveils its latest tech, but is it worth the price tag?

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Apple unveils its latest tech at Apple Park, revealing new iPhones, Watches and AirPods

Well if you’re a die hard Apple fan, today is like Christmas. The tech giant has unveiled a whole host of new products from Apple Park. So at a glance, what can we get our hands on?

As expected, Apple revealed its new iPhone 14 and iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max. Following these devices are the Apple Watch Ultra, the Apple Watch Series 8, the Apple Watch SE and redesigned AirPods Pro.

Apple launches the iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max

So let’s break it down for you, starting with the iPhone.

The iPhone 14 Pro is the company’s top of the range smartphone. There are two versions, the smaller 6.1 inch device and the premium ‘Max’ version sitting at 6.7 inches. But you’ll pay extra for that. The iPhone 14 Pro will starts at $999, and the bigger model starts at $1099, which is the same price as last year’s devices. In the U.S. at least.

Some new key features include an always-on display and a new low-power mode. They’re also powered by the A16 Bionic chip, have an incredible 48-megapixel camera and improved low-light photography. If you’re desperate to buy, don’t worry, you won’t have to wait very long. The phones will be available for preorder on Friday and will ship the following week.

AirPods Pro get an update

Next is the product many Apple fans have been crying out for. I’m of course talking about the redesigned AirPods Pro. The new model of the wireless earbuds with noise-cancelling capabilities comes at a cost $249 and goes on sale on Sept 23.

Apple’s CEO Tim Cook says the new buds have better sound quality and clarity, thanks to the new Apple H2 chip and the noise cancelling is reportedly twice as good as before. They also sport touch control to adjust volume, longer battery life with up to 6 hours listening time and a speaker added to the case.

From an external perspective, the design is pretty much the same as before. The AirPods Pro have Apple’s signature stem and only come in white. There were also rumours this latest version would have  higher-resolution audio, but sadly this isn’t the case. Regardless, Apple says the updates are significant.

Say hello to the new Apple Watch line-up

Let’s wrap up today’s Apple launch with the famed Apple Watch. At the pointy end is the Apple Watch Ultra, which is a high-end device targeted towards outdoor athletes and go-getters. It has a new design, bigger screen, and titanium case.

The watch face also includes more information, including a compass, and even new orange “action” button for use while working out or wearing gloves. And if you like diving, don’t fret, it will also show you how deep you are when swimming. Pricing starts at $799 and the product will hit shelves on September 23.

On the other end of the spectrum is the Apple Watch SE, which is the low-cost version for those on a budget. It’s been redesigned to include a bigger screen, heart rate notifications and fall detection. It starts at just $249, making it an affordable entry-level device.

Finally there’s the Series 8. Apple COO Jeff Williams says it’s more durable and even has a new temperature sensor to help track women’s health, including ovulation.Coming in four unique colours in aluminium and three in stainless steel, there’s a big collection to chose from. Pricing starts at $399.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Inflation rise reduces chances of Reserve Bank rate cut

Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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Inflation spikes, drastically reducing chances of a Reserve Bank rate cut amid economic pressures and rising costs

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In Short:
– Rate cut likelihood by the Reserve Bank has decreased due to a rise in annual inflation to 3.2 per cent.
– Significant price increases in housing, recreation, and transport are raising concerns for the Reserve Bank.

The likelihood of a rate cut by the Reserve Bank has decreased significantly after a surge in annual inflation.

The Australian Bureau of Statistics reported that inflation for the year ending September rose to 3.2 per cent, reflecting a 1.1 per cent increase.

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Trimmed mean inflation, a crucial measure for the Reserve Bank, was recorded at 1 per cent for the quarter and 3 per cent for the year. The bank anticipates inflation to reach 3 per cent by year-end, while trimmed mean inflation is expected to slightly decrease.

The quarterly rise of 1.3 per cent in September exceeded expectations. Governor Bullock noted that a deviation from the Reserve Bank’s projections could have material implications.

Financial markets reacted promptly, with the Australian dollar rising against the US dollar, while the ASX200 index fell.

The most significant price increases were observed in housing, recreation, and transport, indicating widespread price pressures that concern the Reserve Bank.

Despite the unexpected inflation rise, some economists believe the Reserve Bank may still consider rate cuts in December, viewing current price spikes as temporary due to the winding back of subsidies.

Economic Pressures

Broad-based economic pressures suggest that the Reserve Bank may not reduce interest rates at its upcoming meeting. Analysts highlight the need for ongoing support for households facing cost-of-living challenges.


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Wall Street hits record highs on low inflation

Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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Wall Street hits record highs on cool inflation and strong earnings ahead of key Federal Reserve interest rate decision

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In Short:
– U.S. stocks rose to record highs on Friday due to lower inflation and strong corporate earnings.
– Key earnings reports from major companies are expected next week, influencing market trends.
U.S. stocks rose to record highs on Friday due to lower-than-expected inflation data and positive corporate earnings.The S&P 500 and Nasdaq achieved their largest weekly gains since August. The Dow saw its biggest jump from Friday to Friday since June.

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The Labor Department reported that the Consumer Price Index was slightly cooler than analysts’ predictions, easing concerns about inflation impacts from tariffs. This development suggests a likely interest rate cut by the Federal Reserve at its upcoming meeting.

Ryan Detrick from Carson Group noted the positive inflation news may facilitate forthcoming Fed rate cuts. Despite the ongoing government shutdown affecting data releases, this CPI report provided much-needed clarity.

Earnings reports are continuing, with 143 S&P 500 companies having reported results. Growth expectations for third-quarter earnings have risen to 10.4%. Detrick indicated a strong opening to the earnings season with a significant percentage of companies exceeding expectations.

This coming week, key earnings will be reported from Meta Platforms, Microsoft, Alphabet, Amazon, and Apple, alongside industrial companies like Caterpillar and Boeing.

The Dow rose 472.51 points to 47,207.12. The S&P 500 increased by 53.25 points to 6,791.69, while the Nasdaq gained 263.07 points, reaching 23,204.87.

Alphabet gained 2.7% following a deal expansion with Anthropic. Coinbase saw a 9.8% increase from a JPMorgan upgrade. In contrast, Deckers Outdoor’s shares fell 15.2% after lowering sales forecasts.

Market Trends

Advancing stocks on the NYSE outnumbered decliners by 2.18 to 1. The S&P 500 had 34 new highs, with the Nasdaq recording 124.

Trading volume was 19.04 billion shares, lower than the average of the past 20 days.


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US stocks face tests from Tesla, Netflix earnings

US markets brace for Tesla and Netflix earnings amid rising volatility and delayed inflation data

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US markets brace for Tesla and Netflix earnings amid rising volatility and delayed inflation data

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In Short:
– Earnings reports from Tesla and Netflix might affect U.S. stock performance next week amid high inflation concerns.
– Increased market volatility arises from U.S.-China trade tensions and fewer S&P 500 stocks in an uptrend.
This coming week, earnings reports from companies including Tesla and Netflix are anticipated to impact U.S. stock performance.
Investors are also awaiting delayed U.S. inflation data, which could test market stability as it remains near record highs.Recent trading activity has shown increased volatility, influenced by ongoing U.S.-China trade tensions and concerns regarding regional bank credit risks. The CBOE volatility index has seen a rise, indicating increased market uncertainty.

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The S&P 500 entered its fourth year of growth amidst these fluctuations, having previously experienced a period of calm. Experts suggest market risks are intensifying as valuations reach peak levels.

Market Volatility

Concerns regarding U.S.-China trade relations escalated last week when the U.S. threatened to raise tariffs by November 1 over China’s rare-earth export policies. President Donald Trump is scheduled to meet with President Xi Jinping in two weeks to discuss these issues.

Despite these challenges, major stock indexes gained ground over the week, with the S&P 500 up 13.3% year-to-date. However, a noticeable decline in the number of S&P 500 stocks in an uptrend raises caution among investors about underlying market weaknesses.

The upcoming third-quarter earnings will be closely monitored, especially as the government shutdown halts economic data releases. Companies like Procter & Gamble, Coca-Cola, RTX, and IBM are due to report. The delayed U.S. consumer price index is also expected to provide crucial insights ahead of the Federal Reserve’s monetary policy meeting on October 28-29.


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