Stocks reach more records amid AI hype and Fed eyes
U.S. stocks hit fresh records as investors await top-tier inflation data and the Federal Reserve meeting. Nvidia and Apple movers dominate gains and losses with energy shares rising as crude rebounds. France’s CAC 40 slides after Macron dissolves the National Assembly.
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Apple launches AI updates nicknamed Apple Intelligence
Apple unveils a broad AI push at WWDC to bring generative features to iPhone iPad and Mac. Siri gains access to ChatGPT and a makeover aims for personal intelligence with on device processing and a private cloud to protect data. OpenAI CEO Sam Altman attends, and RCS for iMessage is announced to improve cross platform texting. The update requires recent iPhone models and macOS versions.
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Kia Telluride recall for front seat motor fire risk
Kia recalls about 460000 Telluride SUVs 2020 to 2024 over a front power seat motor defect that can overheat after a crash or impact. Owners are told to park outside if possible and the fix involves replacing the slide knob and bracket at no charge. The recall number is SC316. contact Kia at 800-333-4542 or check the recall tool for inclusion.
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