🗞️ Perplexity’s election move

November 04, 2024   |   Listen Online   |   Read Online Brought to you by: Top stories today: Apple said to have delayed cheaper Vision Pro launch beyond 2027 Perplexity launches dedicated hub to track election Novo's new obesity drug CagriSema aims for record weight loss Apple continues to lead global tablet market Dollar slips against all Group-of-10 peers ahead of U.S. election China's fiscal, infrastructure spending falls short of targets Follow us on X | Instagram | Advertise 2024 election forecast provided by our partners at Polymarket. 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. Listen to our AI-generated podcast summarizing today's newsletter (beware the few hallucinations): Bay Area Times Daily - Nov. 4, 2024 ►   Play Online 1. Apple said to have delayed cheaper Vision Pro launch beyond 2027 Apple. The lack of successful use cases reportedly delayed Apple's plans. 2025-end was the previously rumored launch schedule. 2025: when an upgraded M5 processor-powered Vision Pro is expected. Relatedly, MacBook Pro with a "total redesign" is rumored to launch in 2026 Apple. "Thinner design" could be on the new MacBook Pro. OLED display is also expected. M6 (2nm) chip is expected to power the 2026 MacBook Pro. 2025 MacBook Pro is rumored to have the M5, M5 Pro, and M5 Max chips. Recently, Apple launched its new MacBook Pro with the M4 chips. Additionally, Warren Buffett reduced Apple holdings by 25% in Q3 Bloomberg, company filings. -60% in Berkshire Hathaway's stake in Apple since the 2024-beginning. $69.9B is the current value of Berkshire's holding, vs. $174.3B at the end of 2023. $325B in cash held by Berkshire after selling Apple and BofA shares. 2. Get What You Want – A Simple Guide to Persuasion* HubSpot Discover the gentle art of getting to "yes" in every part of life. Our free guide reveals simple but powerful techniques anyone can use at work, home, or anywhere in between: Ask for (and get) what you deserve with confidence Turn difficult conversations into win-win outcomes Build stronger relationships while reaching agreements Master persuasion skills for everyday situations Download your free guide now and start turning tough talks into easy wins! *Sponsored. 3. Perplexity launches dedicated hub to track election Perplexity. Voting requirements, poll times, and AI analysis will be available through the hub. AP and Democracy Works' API will be the sources of information. Rivals like OpenAI have refrained from showing election information. 4. Novo's new obesity drug CagriSema aims for record weight loss Bloomberg. 25% weight loss is what the Danish drugmaker expected. The Semaglutide + Cagrilintide combination is currently in testing. Dec.: when a large study of CagriSema is due to read out. Eli Lilly's Zepbound set to compete against Novo's latest offering. Novo's shares are -25% since its Jun. peak as the existing Ozempic and Wegovy drugs didn't meet market expectations Bloomberg. 5. Tablet shipments globally reach 39.6M units, with Apple continuing domination 12.6M iPad units were shipped by Apple, +1.6% YoY. -16% in Apple's market share to 31.7% in Q3 from 37.7% a year ago. Samsung came 2nd, with 7.1M units shipped. Amazon was back in the top-5 list, with 4.6M shipments. +44.1% in Huawei's growth, with 3.2M shipments. 6. China's fiscal, infrastructure spending falls short of targets Bloomberg, China's Ministry of Finance. $3.7T (26.2T Yuan) in fiscal spending through Sep., slightly below last year's 26.4T Yuan spending. +3% in spending was projected this year. This week: Chinese lawmakers are deciding on the next stimulus package. Analysts aren't expecting a significant boost for the economy. Chinese local govt. infrastructure funds are spending -15% less this year Bloomberg, China's Ministry of Finance. $820B have been spent through Sep., vs. $907B a year ago. 7. Dollar slips against all Group-of-10 peers ahead of U.S. election Bloomberg. -0.7% move in the Bloomberg Dollar Spot Index — the largest drop since late August. +0.9% for the Mexican peso, +0.7% for the yen, +0.6% for the yuan. +0.6% for the Norwegian krone and the Australian dollar. 8. China EV stocks outperform global peers since Aug. Bloomberg. +5.6% in BYD's share price on Mon. +6% in Xpeng and Geely Automobile stock prices. "Record high monthly deliveries" by quite a few players, a Nomura analyst said. 9. Interesting videos, posts, and memes The 10 Trillion Parameter AI Model With 300 IQ Secrets Of Investing Early – Lessons From A Billion-Dollar Investor Inflated GDP?, Google earnings, How the media lost trust, Rogan/Trump search controversy, Election! Fire your team and hire AI employees? 10. Other headlines AI Microsoft, a16z propose AI policy for startups, stress cost-benefit regulation. Walt Disney forms business unit to coordinate use of AI, augmented reality. Intel CEO drops $500M+ Gaudi AI chip forecast for 2024. CoreWeave forecasts revenues to grow 4x to $8B in 2025: report. Software Engineer or Architect? Hire Both!* *Sponsored. Tech Apple to invest up to $1.5B in Globalstar for satellite coverage expansion. NVIDIA to replace Intel in Dow Jones Industrial Average. X now lets blocked users see your public posts. monday.com connects and empowers teams to excel in every aspect of work. Get started now!* *Sponsored. Tech & law US CHIPS Act finalizes $123M grant from $33B+ amid bipartisan criticism. Elon Musk fails to dismiss ex-Twitter CEO Parag Agrawal's severance claim. TikTok sued by French families over alleged failure to remove harmful content. Biotech Happy Aging introduces women-targeting longevity shot. Toray, Tsukuba join forces to advance longevity research. EU antitrust regulators to rule on Novo-Catalent deal by Dec. 6. Business Oil gains $1+ after OPEC+ delays output hike. China urges EU on agreeable EV trade solution as France defends bloc. Mitsubishi, Nissan to establish JV on autonomous driving: report. Crypto Singapore pushes for commercialization of tokenization. ETH researchers quit EigenLayer roles over conflict concerns. U.S. politics Selzer poll gives Harris +3 for Iowa. Trump at 53% odds according to Nate Silver's model. Trump +0.3% in PA, +0.1% nationally, according to RealClearPolling. Trump-betting whale: "I have absolutely no political agenda." Arizona prosecutor investigates Trump over Cheney-related gunfire remark. Trump wants RFK in administration, doesn't rule out banning certain vaccines. ~$1B has been spent on political ads over the last week. World Iran said planning to use more powerful weapons in next attack on Israel. Israel ends agreement facilitating work of UNRWA, accused of terrorism ties. German foreign minister vows support as Ukraine enters 3rd winter of war. Moldova's pro-Western Sandu claims election win after meddling allegations. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). Share Bay Area Times Share our newsletter with your friends and get free Bay Area Times rewards! You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. Click to Share Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y What did you think of today's newsletter? ⭐️⭐️⭐️⭐️⭐️ Amazing! ⭐️⭐️⭐️ OK ⭐️ Bad Advertise on the Bay Area Times Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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