The long-awaited refresh to Siri is finally here. After months and years of speculation, broken promises, and updates, Apple ( AAPL ) finally made good on its word on Monday. The tech giant announced at its annual Worldwide Developers Conference, known as WWDC, that it is bringing Siri to the artificial intelligence chatbot age. Apple CEO Tim Cook said that developers are building more apps than e...
The long-awaited refresh to Siri is finally here. After months and years of speculation, broken promises, and updates, Apple ( AAPL ) finally made good on its word on Monday. The tech giant announced at its annual Worldwide Developers Conference, known as WWDC, that it is bringing Siri to the artificial intelligence chatbot age. Apple CEO Tim Cook said that developers are building more apps than ever with more than 1,000 app submissions every hour. “We've seen that when we put powerful tools into people's hands, they can do extraordinary things,” Cook said. Apple's senior vice president of Software Engineering, Craig Federighi, said AI is “incredibly powerful” that, with proper care, can “unlock meaningful benefits.” However, unlike others, Federighi said Apple is taking privacy into account and not doing AI “just for the sake of it.” At Apple, we believe privacy with AI is “non-negotiable,” Federighi added. Federighi also talked up the partnership with Google ( GOOG ) ( GOOGL ) Gemini, unveiling a second, more powerful version of its on-device AI model that has been optimized for Apple Silicon. In addition, the company also overhauled iOS ahead of the likely release of a foldable iPhone later this year. Siri First promised at Apple's 2024 WWDC, the new Siri, now known as Siri AI, uses Apple Intelligence to tap into its capabilities and comes with a dedicated app. Mike Rockwell, Apple's Siri engineering vice president, said it is more capable and more conversational and has a “brand new design that reflects the power of Apple Intelligence.” It can do tasks such as looking up information, setting reminders, providing details of photos, and working with Visual Intelligence. With Visual Intelligence, a person can point their camera at a plate of food and get nutrition facts or take a photo of a bill and decide how to split it. Siri AI can also use Visual Intelligence to learn more about physical objects and draft a note or email, Apple executive Sebastien Marineau-Mes ...
For public companies, few milestones carry the allure of joining the S&P 500 (SNPINDEX: ^GSPC) . After the market closed on June 5, investors learned that artificial intelligence (AI) semiconductor stock Marvell Technology (NASDAQ: MRVL) was chosen for inclusion in the S&P 500 index. The company will officially begin trading as a member of the S&P 500 on June 22. Let's take a look at how companies...
For public companies, few milestones carry the allure of joining the S&P 500 (SNPINDEX: ^GSPC) . After the market closed on June 5, investors learned that artificial intelligence (AI) semiconductor stock Marvell Technology (NASDAQ: MRVL) was chosen for inclusion in the S&P 500 index. The company will officially begin trading as a member of the S&P 500 on June 22. Let's take a look at how companies gain entrance into the S&P 500 and assess what made Marvell such a compelling candidate. Image source: Getty Images. Continue reading
Kilroy Realty ( KRC ) stock gained 2.7% in Monday afternoon trading after Evercore ISI upgraded the office REIT stock to Outperform from In Line on the premise that any headwinds are already priced into the stock. Meanwhile, "early signs of improving fundamentals are becoming increasingly visible," analyst Steve Sakwa wrote in a note to clients. "Overall, KRC remains a recovery story tied to high-...
Kilroy Realty ( KRC ) stock gained 2.7% in Monday afternoon trading after Evercore ISI upgraded the office REIT stock to Outperform from In Line on the premise that any headwinds are already priced into the stock. Meanwhile, "early signs of improving fundamentals are becoming increasingly visible," analyst Steve Sakwa wrote in a note to clients. "Overall, KRC remains a recovery story tied to high-quality West Coast office assets, but the pace differs meaningfully by market," he said. Increased demand for San Francisco office space is a bright spot. "Large tenants with two to three years of remaining term are increasingly exploring early renewals as concern grows around future availability of high-quality large blocks, creating a chain reaction that is bringing velocity back into the market," the analyst said. Bellevue, Washington, is also showing improvement, while the Seattle market is stabilizing. Los Angeles remains under pressure, Sakwa said. Evercore increased its vacancy leasing estimates from 250K sq. ft. to 300K sq. ft. in Q2 and boosted H2 2026 to 450K sq. ft. from 380K sq. ft. That raised its 2027 FFO per share estimate to $3.42 from $3.39. Its price target increased to $42 from $37. Evercore's Outperform rating on Kilroy ( KRC ) agrees with the SA Quant rating of Buy and contrasts with the average Wall Street rating of Hold. More on Kilroy Realty Become A Landlord In Silicon Valley With A +6% Yield While AI Booms: Kilroy Realty Kilroy Realty: AI Tailwinds And High Yield Create An Attractive Setup Kilroy Realty Corporation (KRC) Q1 2026 Earnings Call Transcript These 10 mid-cap U.S. REIT stocks earn top valuation grades in today's market Kilroy raises 2026 FFO guidance to $3.49-$3.63 as it plans 1900 Broadway with low-to-mid-9% stabilized yields
As Apple kicks off WWDC in Cupertino, the spotlight is turning to inclusive design. Melissa Azari and Helene Nørlem are the co-founders of Denmark-based Tiimo, a visual planning app that was crowned Apple's iPhone App of the Year. They join Ed Ludlow on "Bloomberg Tech" from Cupertino, California. (Source: Bloomberg)
As Apple kicks off WWDC in Cupertino, the spotlight is turning to inclusive design. Melissa Azari and Helene Nørlem are the co-founders of Denmark-based Tiimo, a visual planning app that was crowned Apple's iPhone App of the Year. They join Ed Ludlow on "Bloomberg Tech" from Cupertino, California. (Source: Bloomberg)
CUPERTINO, Calif., June 08, 2026--Apple® today previewed a new suite of powerful, intuitive, and easy-to-use features designed to allow parents to more easily manage the content their children can see, who they can communicate with, and when they have access to apps. With software updates this fall, parents will be able to access new child safety features, including a simpler setup experience with...
CUPERTINO, Calif., June 08, 2026--Apple® today previewed a new suite of powerful, intuitive, and easy-to-use features designed to allow parents to more easily manage the content their children can see, who they can communicate with, and when they have access to apps. With software updates this fall, parents will be able to access new child safety features, including a simpler setup experience with a recommended set of essential apps, Ask to Browse, Time Allowances, and a redesigned Screen Time.
CUPERTINO, Calif., June 08, 2026--Apple® today introduced Siri® AI, an entirely new version of Siri, powered by Apple Intelligence™. A profoundly more capable and conversational assistant with personal context understanding, broad world knowledge, and onscreen awareness, Siri AI can help users find what they need in the moment, from answering questions from the web on virtually any topic, to surfa...
CUPERTINO, Calif., June 08, 2026--Apple® today introduced Siri® AI, an entirely new version of Siri, powered by Apple Intelligence™. A profoundly more capable and conversational assistant with personal context understanding, broad world knowledge, and onscreen awareness, Siri AI can help users find what they need in the moment, from answering questions from the web on virtually any topic, to surfacing relevant information from a user’s personal messages, emails, photos, and more. Siri AI also in
CUPERTINO, Calif., June 08, 2026--Today, during the Worldwide Developers Conference, Apple® previewed its upcoming software releases that will deliver the next generation of Apple Intelligence™ and introduce Siri® AI, an entirely new version of Siri that is profoundly more intelligent, knowledgeable, and capable. The releases also bring powerful and intuitive new features to help parents create sa...
CUPERTINO, Calif., June 08, 2026--Today, during the Worldwide Developers Conference, Apple® previewed its upcoming software releases that will deliver the next generation of Apple Intelligence™ and introduce Siri® AI, an entirely new version of Siri that is profoundly more intelligent, knowledgeable, and capable. The releases also bring powerful and intuitive new features to help parents create safe digital experiences for kids, as well as improvements that further elevate the software design an
CUPERTINO, Calif., June 08, 2026--Apple® today introduced the next generation of Apple Intelligence™, powered by a bold new architecture that integrates the latest Apple Foundation Models deep into Apple’s platforms and is uniquely designed to protect users’ privacy. This makes the apps and experiences users rely on every day across iPhone®, iPad®, Mac®, Apple Watch®, AirPods®, and Apple Vision Pr...
CUPERTINO, Calif., June 08, 2026--Apple® today introduced the next generation of Apple Intelligence™, powered by a bold new architecture that integrates the latest Apple Foundation Models deep into Apple’s platforms and is uniquely designed to protect users’ privacy. This makes the apps and experiences users rely on every day across iPhone®, iPad®, Mac®, Apple Watch®, AirPods®, and Apple Vision Pro® more personal and helpful than ever. Apps become smarter and more useful with powerful editing ca
A federal judge on Monday struck down a US$100,000 fee that US President Donald Trump imposed on new H-1B visas for highly skilled foreign workers, concluding that it constituted an unlawful tax that Congress never authorised. US District Judge Leo Sorokin in Boston issued the ruling in a lawsuit filed by 20 Democratic state attorneys general challenging a fee Trump announced in September that...
A federal judge on Monday struck down a US$100,000 fee that US President Donald Trump imposed on new H-1B visas for highly skilled foreign workers, concluding that it constituted an unlawful tax that Congress never authorised. US District Judge Leo Sorokin in Boston issued the ruling in a lawsuit filed by 20 Democratic state attorneys general challenging a fee Trump announced in September that dramatically raised the cost of obtaining H-1B visas. The H-1B programme offers 65,000 visas...
Apple stock slipped into negative territory on Monday as Wall Street seemed underwhelmed by the company's artificial intelligence updates. Shares were down 1% to $304.42 about an hour into the WWDC keynote.
Apple stock slipped into negative territory on Monday as Wall Street seemed underwhelmed by the company's artificial intelligence updates. Shares were down 1% to $304.42 about an hour into the WWDC keynote.
RyanJLane/E+ via Getty Images Agricultural equipment makers could be approaching the early stages of a new upcycle even as grain markets face near-term pressure from improving U.S. weather conditions, according to a UBS channel check examining global crop and commodity trends. UBS analyst Steven Fisher said in a June 5 report that uncertainty surrounding weather patterns, energy prices and geopoli...
RyanJLane/E+ via Getty Images Agricultural equipment makers could be approaching the early stages of a new upcycle even as grain markets face near-term pressure from improving U.S. weather conditions, according to a UBS channel check examining global crop and commodity trends. UBS analyst Steven Fisher said in a June 5 report that uncertainty surrounding weather patterns, energy prices and geopolitical developments could create volatility in corn and soybean markets this year. While that uncertainty may cause some farmers to delay machinery purchases in the short term, higher crop prices and stronger farm profitability could eventually support demand for equipment from manufacturers such as Agco ( AGCO ), CNH Industrial ( CNH ) and Deere ( DE ). The outlook is significant for investors because farm equipment sales are closely tied to crop prices and farm income. After several difficult quarters for agricultural machinery makers, UBS said tightening crop supplies and improving farmer economics could help lay the foundation for the sector's next growth cycle. The near-term picture remains challenging. Corn and soybean prices fell this week as forecasts called for additional rain across parts of the U.S. Corn Belt, easing concerns about drought conditions during the early stages of the growing season. "It was a tough week for corn and soybean prices," Fisher wrote, noting that weaker crop prices are likely to weigh on already fragile farmer sentiment. UBS said U.S. weather remains the most important short-term driver of grain markets. While drought conditions still support commodity prices, favorable weather could continue to pressure crop prices and delay improvements in farm economics. Longer term, however, the firm sees several factors that could tighten agricultural markets. Keeping an eye on El Niño One risk is the potential emergence of El Niño conditions, which could delay Brazil's soybean harvest and push back planting of the country's Safrinha corn crop. Such ...
On June 6, the Securities and Exchange Commission (SEC) published its Draft Strategic Plan for 2026 to 2030. SEC chairman Paul Atkins, who was sworn in last April, described the draft as the start of a "new day" for clearer crypto regulations, reduced enforcement overreach, and the modernization of the agency's systems to support innovation while protecting investors. The SEC's focus on the crypto...
On June 6, the Securities and Exchange Commission (SEC) published its Draft Strategic Plan for 2026 to 2030. SEC chairman Paul Atkins, who was sworn in last April, described the draft as the start of a "new day" for clearer crypto regulations, reduced enforcement overreach, and the modernization of the agency's systems to support innovation while protecting investors. The SEC's focus on the crypto market is one of the most consequential parts of that plan. It states that "crypto asset technologies have the potential to revolutionize America's financial infrastructure and deliver new optionality, efficiencies, cost reductions, transparency, and risk mitigation for the benefit of all Americans." Image source: Getty Images. Continue reading
Kindred Ventures has raised $355 million for its latest deep tech and robotics funds, fresh capital which comes as the firm's previous vintage hits the top 1% of its class. Kindred Ventures Managing Partner and founder Steve Jang, joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)
Kindred Ventures has raised $355 million for its latest deep tech and robotics funds, fresh capital which comes as the firm's previous vintage hits the top 1% of its class. Kindred Ventures Managing Partner and founder Steve Jang, joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)