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When Finance Minister Chrystia Freeland delivers her fall economic statement on Monday she’ll need to spin a good story. It won’t be easy. The deficit for this fiscal year is expected to running much higher than the $40.1 billion she promised, maybe even over $60 billion, crashing through one of her fiscal “guardrails.”

Subscribe to enjoy similar stories. ‘Tis the tipping season. Time to show appreciation for those making our lives better or easier: the hairdresser, the babysitter, the mail carrier.

artificial intelligence chips in the next few years. Shares of the Palo Alto, California-based company were up 14% in aftermaket trade after CEO Hock Tan told investors on a conference call he expects a revenue opportunity from AI in the range of $60 billion to $90 billion in fiscal 2027. Tan indicated three «hyperscale» customers are likely to deploy millions of AI chip clusters at the time.

The chip, code-named Proxima, has been under development for several years and is now slated to go into the first iPhones and smart home devices produced in 2025, the report said, citing people familiar with the matter. The iPhone maker's in-house chips will be produced by Taiwan Semiconductor Manufacturing Co, the report added.

Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»

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Apple is pumping more artificial intelligence into the latest iPhones during the holiday shopping season

Nvidia and Apple are undoubtedly leaders in this tech-based stock category, but there are three other stocks that have the potential of giving some magnanimous amount of returns to US investors in the coming years, all factors considered, suggests a Motley Fool report. Also Read :Will Beyonce stick around with rape accused husband Jay-Z; this is what a close source has said

OpenAI's ChatGPT into its devices, delivering on a long-awaited feature that investors hope will help drive sales of its latest iPhones. The rollout is part of a wider deployment of artificial intelligence-powered tools in the latest updates to the operating systems for iPhones, iPads and Mac computers. The ChatGPT integration, announced in June as part of the Apple Intelligence unveil, will allow the company's Siri voice assistant tap the chatbot's expertise including on user queries about photos and documents such as presentations.

US investors are seeing some optimum returns as of now, but many are of the opinion that all of this is like a balloon show, waiting for the right moment to bust. However, amid all the recession and inflation fears surrounding the US stock market, there are certain equity stocks that could reportedly fare well in the year 2025.

Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost $26 billion

Bloomberg’s Mark Gurman, the new modem, codenamed "Sinope," is set to replace the Qualcomm chips currently used in iPhones, promising improved power efficiency and a more compact design.Likely to debut in 2025, the Sinope modem is expected to first appear in the iPhone SE, followed by a model codenamed "D23," which is anticipated to be the thinnest iPhone to date, adds the report. This reduction in component size is predicted to pave the way for larger batteries, enhanced camera systems, and an overall sleeker design.Apple’s move towards its own modem technology is said to have far-reaching implications beyond smartphones.

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

“My cousin told me some Rs 2,000 crore had been stolen from the company,” said the 32-year-old man. “I immediately rushed to withdraw my Rs 7 lakh investment on WazirX but it was too late--no transactions were allowed.”

Subscribe to enjoy similar stories. Wall Street is grappling with whether another year of robust gains is possible for a stock market that is looking precariously expensive. The S&P 500 has surged 28% in 2024 and is on pace for back-to-back annual jumps of more than 20% for the first time since a four-year stretch that ended in 1998.

Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm, Bloomberg News reported on Friday. The iPhone maker is looking to ultimately overtake Qualcomm's technology by 2027, the report said, citing people familiar with the matter. Qualcomm, a leading designer of modem chips that connect phones to mobile data networks, has warned investors that Apple will eventually stop using its chips.

HomePod Software 18.2. These release candidates mark the final iteration of the beta software and are expected to be the versions made available to the public unless significant bugs are discovered.According to the report, with iOS 18.2 and its sister updates, Apple is advancing its vision of "Apple Intelligence", unveiling several new features for iOS, iPadOS, and macOS.

Also read: Nothing launches iconic Snake game widget: Download, play, and challenge your high score nowThe iPhone 17 Air is expected to be the slimmest iPhone model which will fall between 5 and 6mm in thickness. For reference, it will be slimmer than the iPhone 6 which retained a 6.9mm thickness. The smartphone is expected to feature a 6.6-inch OLED display with a narrower Dynamic Island.

₹40,000 with discounts and offers on Amazon. Whether you're looking for a device to boost productivity, dive into creative work, or simply enjoy entertainment, the MacBook Air M1 delivers outstanding performance. Thanks to its ultra-efficient Apple M1 chip, 13.3-inch Retina display, long-lasting battery, and premium build, this laptop continues to be a top choice.

Tata Electronics is looking to expand beyond beingjust an Apple supplier and is in talks with companies like Microsoft, Dell, HP and several other large companies to onboard them as clients. The homegrown electronics manufacturing services (EMS) player is doing this in a bid to not only diversify but also be India's Foxconn — following a model that is much like the Taiwanese contract manufacturing giant Foxconn, experts said. While the company «has its hands full» currently with work for Apple iPhones, sources said that this is part of the company's strategy that it is keen to set in motion rapidly.

Vivo X200, is expected to appeal to the majority of buyers considering its pricing is expected to be much less than the flagship, the X200 Pro. That said, the X200 faces stiff competition from its sister company Oppo’s Find X8, which shares several similarities, including the chipset, camera setup, and more. That said, while the Oppo Find X8 is already available in India, the Vivo X200 is scheduled to launch on 12 December.