WS #12255
China approves on-device AI for 7 phone models including Apple Intelligence, with Alibaba's Qwen model integrated; bullish for AAPL in China market. Dallas Fed President Logan calls for rate hike, first under Warsh; Schmid warns inflation not transitory; Jefferson keeps door open for hike; gold falls below $4,000 on rate hike expectations. Netflix Q3 revenue guidance misses estimates, shares down 9% after-hours; Q2 revenue up 13% but engagement growth slowing.
China AI Approval for Apple Intelligence
China approves on-device AI for 7 phone models including Apple Intelligence, with Alibaba's Qwen model integrated; bullish for AAPL in China market.
Dallas Fed President Logan calls for rate hike, first under Warsh; Schmid warns inflation not transitory; Jefferson keeps door open for hike; gold falls below $4,000 on rate hike expectations.
Netflix Q3 revenue guidance misses estimates, shares down 9% after-hours; Q2 revenue up 13% but engagement growth slowing.