BUSINESS

Apple introduces the foldable iPhone Duo, featuring a unique StandBy mode that transforms it into a bedside clock. The device offers a 7.6-inch display and advanced features for $1,999.

Jacob Coxon, a former AI researcher at Anthropic, resigned, warning that AI advancements could pose an existential threat to humanity by 2030, urging for responsible development and coordination among labs.

Samsung and Apple are competing in the foldable phone market with the Galaxy Z Fold 8 and iPhone Duo. Apple's pricing strategy and Samsung's marketing efforts highlight the intense rivalry.

South Korea's KOSPI index hovers above 7,000 amid rising oil prices and AI demand. Memory stocks and energy costs create market volatility, with institutional and retail investors reacting differently.

Apple announces the iPhone Duo, its first foldable phone, with preorders starting October 16 and availability in over 70 countries by October 23, following a staggered release strategy.

Cameron Howlett, founder of Independent Wealth Partners, champions independent financial advice in Victoria, rejecting commissions to ensure client-focused guidance. His approach has earned industry recognition and client trust.

Brenton Tong, managing director of Financial Spectrum, simplifies financial planning by translating complex tax changes into plain language, helping clients navigate Australia's evolving financial landscape.

Monique Lavers transitioned from corporate law to real estate, excelling in Sydney's harbourside market by combining negotiation skills with empathy, achieving record sales and client satisfaction.

Alexander Phillips, Australia's top real estate agent for nine years, launches his own brand with Ray White, maintaining his hands-on approach and community support in Sydney's eastern suburbs.

CUPERTINO, Calif. — Apple's first foldable, the iPhone Duo, arrived on Sept. 9 at a starting price of $1,999, $100 above Samsung's Galaxy Z Fold 8. That is not an obvious bargain. It is a bet that a tighter seal, a newer chip and the iPhone software stack outweigh a phone that is already on sale, 53 grams lighter and $100 cheaper in the United States.

Elon Musk's smartphone choice remains a mystery, with sightings of both iPhones and Samsung devices. Despite public appearances, Musk has not confirmed a primary device, reflecting his dual-platform usage.

Megaport's stock rose 5.72% as the company forecasts significant growth in AI compute infrastructure, backed by strategic investments and acquisitions, positioning itself as a leader in automated infrastructure services.

Apple's first foldable iPhone, the iPhone Duo, introduces 21 innovative features tailored for its dual-display design, enhancing multitasking and user experience with iOS 27's new capabilities.

Apple's iPhone Duo, its first foldable smartphone, introduces Touch ID, dual screens, and innovative camera features. Priced at $1,999, it aims to revolutionise the smartphone market.

Australian shares experienced their worst trading day since March, with the ASX 200 index dropping 1.53% due to rising oil prices and global bond yields, erasing weeks of market gains.

Nike's shares have hit a 52-week low as the company faces ongoing challenges in China and a volatile market environment, with a multiyear turnaround plan still in progress.

ServiceTitan's shares fell sharply after surpassing Q2 estimates but providing weaker guidance for the next quarter, raising concerns about future growth and strategic focus.

The U.S. destroyed five Iranian oil tankers following missile attacks on a Navy warship, escalating tensions in a six-month conflict affecting global oil prices and regional stability.

Apple's entry into the foldable smartphone market sparks debate among analysts about its potential to challenge Samsung's dominance, with questions about pricing, durability, and market expansion.

AMD anticipates doubling its data-center sales to $70 billion by 2027, driven by AI market growth and increased demand for GPUs and CPUs, despite challenges in supply constraints.

Micron Technology's stock surged past $1,000 as AI-driven demand for memory boosts revenue and market value, with strategic agreements securing future growth despite potential supply challenges.

Marvell Technology's stock surged 241% over the past year, driven by trust with hyperscale customers and a $6.5 billion increase in its two-year sales outlook, according to CEO Matt Murphy.

Amazon's stock dips as it navigates a sterling bond sale, legal challenges, and increased capital spending driven by AI and AWS expansion, raising questions about future financial returns.

Apple's 'Surprise and Shine' event unveils the first foldable iPhone, new Apple Watches, and AirPods. The event marks John Ternus's debut as CEO, succeeding Tim Cook.

Apple introduces its first foldable iPhone at a major event led by new CEO John Ternus, aiming to transform the niche market while addressing pricing and AI advancements.

U.S. stocks opened lower amid surging oil prices linked to U.S.-Iran tensions and anticipation of Apple's product event. Trade disputes and Federal Reserve policy expectations add to market pressures.

Apple is set to launch its first foldable iPhone, the iPhone Duo, at a major event. The device features a dual-display and advanced technology, marking a significant innovation for the company.

Qualcomm partners with Amazon to develop custom silicon and connectivity solutions for AWS's AI infrastructure, boosting Qualcomm's market value and marking a significant move into the AI market.

Austal Ltd. shares rose 7.13% following a non-binding offer for its US shipbuilding operations from Wildcat Resources, highlighting potential strategic shifts and regulatory considerations.