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Top stories today:
- Apple announces WWDC on Jun. 10-14, suggesting focus on AI
- Truth Social +16% to $7.9B market cap on 1st day of trading
- ChatGPT use grows, yet only 23% of U.S. adults have used it
- Reddit sees highest user growth among top social media websites
- Mumbai overtakes Beijing with most billionaires in Asia
- iPhone shipments in China -33% YoY in Feb., from -39% in Jan.
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.
1. Apple announces WWDC on Jun. 10-14, suggesting focus on AI
āAbsolutely Incredible [AI],ā said Apple's SVP of Marketing on X:
Main keynote on Jun. 10.
Likely iOS 18 launch with multiple AI features.
Possible macOS and visionOS announcements, again with new AI tools and more details on the Vision Pro's global availability.
Read more: Bloomberg.
Most of Trump's $7.2B is tied up in Truth Social and real estate, but he should be able to post his $175M bond by Apr. 4
Trump was ordered to pay $454M in his NY civil fraud trial, which is now on hold pending appeal:
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4. ChatGPT use continues to grow, yet only 23% of U.S. adults have used it
Younger demos use it more often:
