November 15, 2024

Month: June 2024

Apple adds more than $700 billion in market value since April

Apple investors finally have a roadmap for how it will use artificial intelligence — and they’ve responded by pushing the stock toward its best week in more than two years.  Apple added more than $700 billion in market value sine April.

Wall Street is betting that new iPhone AI features — including Apple’s agreement with OpenAI to integrate ChatGPT — will spur a massive upgrade cycle among users who have been holding on to older devices.

Investors have “more confidence that Apple is back in the game, that it has caught up competitively, and that it will see a re-acceleration of growth, given the installed base of phones that will need to upgrade to take advantage of this new tech,” said Jim Awad, senior managing director at Clearstead Advisors. “Apple will be a major beneficiary of AI, and the stock is catching up.”

Wall Street’s top stocks have quickly re-shuffled on AI optimism.  Apple on Thursday overtook Microsoft Corp. as the biggest company by market capitalization.

Via: Bloomberg News

Apple TV+ debuts trailer for ‘Sunny,’ starring Rashida Jones

Today,  Apple TV+ unveiled the trailer for its highly anticipated, ten-episode, darkly comedic mystery series “Sunny,” hailing from showrunner and executive producer Katie Robbins, executive producer and director Lucy Tcherniak, and executive producer Rashida Jones, who also stars alongside Hidetoshi Nishijima, Joanna Sotomura, Judy Ongg, YOU, annie the clumsy and Jun Kunimura. “Sunny” will premiere globally on Apple TV+ on Wednesday, July 10 with its first two episodes, followed by one new episode every Wednesday through September 4.

“Sunny” stars Jones as Suzie, an American woman living in Kyoto, Japan, whose life is upended when her husband and son disappear in a mysterious plane crash. As “consolation” she’s given Sunny, one of a new class of domestic robots made by her husband’s electronics company. Though at first Suzie resents Sunny’s attempts to fill the void in her life, they gradually develop an unexpected friendship, and together they uncover the dark truth of what really happened to Suzie’s family, becoming dangerously enmeshed in a world Suzie never knew existed.

[su_youtube url="https://youtu.be/zYYixvqjiuE"]

Produced for  Apple TV+ by A24, “Sunny” is written and executive produced by Robbins, through her shingle Babka Pictures. Tcherniak executive produces for Poppycock Pictures. A24 and Jones also serve as executive producers. The series is based on the book “The Dark Manual” by award-winning Japan-based Irish writer Colin O’Sullivan.

“Sunny” marks the second collaboration for  Apple, A24 and Jones following the global premiere of Sofia Coppola’s acclaimed film “On the Rocks.” Jones also recently starred in Apple’s global hit series “Silo,” based on Hugh Howey’s New York Times bestselling trilogy of dystopian novels.

Apple TV+ offers premium, compelling drama and comedy series, feature films, groundbreaking documentaries, and kids and family entertainment, and is available to watch across all of a user’s favorite screens. After its launch on November 1, 2019,  Apple TV+ became the first all-original streaming service to launch around the world, and has premiered more original hits and received more award recognitions faster than any other streaming service in its debut. To date,  Apple Original films, documentaries and series have earned 494 wins and 2,165 award nominations and counting, including multi Emmy Award-winning comedy “Ted Lasso” and historic Oscar Best Picture winner “CODA.”

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