Apple Joins In... AI Market to Quadruple to 66 Trillion Won by 2030 [3-Minute Brief]

Published 11 Sep.2024 08:00(KST)

Updated 19 Jan.2025 11:12(KST)

[At a Glance]
① Apple iPhone Unveiled, Writes Text and Solves Problems with AI
② US Interest Rate Big Cut or Baby Cut... Opinions Divided
③ International Oil Prices Fall to 'Year-Round Low,' Will They Rise Again?

MARKET INDEX : Year to date
Apple Joins In... AI Market to Quadruple to 66 Trillion Won by 2030 [3-Minute Brief] 원본보기 아이콘

- US New York Stock Exchange's three major indices closed mixed

- Tech stocks rose due to bargain buying inflows

- Oil prices plunged on OPEC's downward revision of crude oil demand

Top3 NEWS
■ Apple unveils 'iPhone 16'... Write texts, find photos, solve problems with AI
- Tim Cook: "Built for AI from the start"
- "No data storage"... Emphasizing privacy protection
- Improved camera performance... Competing with Galaxy AI
■ Big cut? Baby cut? Opinions divided on US interest rate cut magnitude
- "Would not be surprised by a 50bp cut"
- Market reflects possibility of 25bp cut
- Recession fears judged to be exaggerated
■ Interest rates expected to fall... Will international oil prices, lowest this year, rise again?
- Oil prices at yearly low due to economic slowdown concerns
- US base rate cut could stimulate economy
- Oil demand may also increase
Graphic News: Democratic Party, implement or postpone the financial investment tax... Most leadership are 'pro-implementation'
Apple Joins In... AI Market to Quadruple to 66 Trillion Won by 2030 [3-Minute Brief] 원본보기 아이콘

- Proponents mention enhancements such as raising deduction limits or changing tax payment methods

- Urging implementation based on asset polarization issues and improving financial market soundness

- Opponents say "Now is premature... It’s not too late to introduce later"

the Chart: Evolving AI assistants
Apple Joins In... AI Market to Quadruple to 66 Trillion Won by 2030 [3-Minute Brief] 원본보기 아이콘

- AI avatars implement face, voice, gestures and enable interactive communication

- Conversational AI market average growth rate 24.9%... Growth trend continues

- Extensive personal data collection raises concerns about 'deep voice' crime exposure

Terms in the News: Global exhibition of artists with developmental disabilities 'Art Para'
Artist Kim Geuntae, who presented his work at the opening ceremony of the 4th Art Parra held in Paris, France <br>[Photo by Yonhap News]

Artist Kim Geuntae, who presented his work at the opening ceremony of the 4th Art Parra held in Paris, France
[Photo by Yonhap News]

원본보기 아이콘

- Cultural Olympics united through paintings... Art and healing combined

- Paris Art Para, 5 continents, 27 countries, 80 artists, 100 works

- Planner artist Kim Geuntae exhibits 25 pieces: "A new perspective on viewing the world"

Today's Key Schedule

○Domestic

- 08:00 August unemployment rate

- 11th KOSDAQ Mirae Asset Vision SPAC No.7 listing, offering price 2,000 KRW

- 11th KOSDAQ KB SPAC No.30 subscription, offering price 2,000 KRW


○Overseas
- 01:00 US Energy Department Short-Term Energy Outlook

- 02:00 Brazil August Consumer Price Index

- 15:00 UK July Monthly GDP

- 17:00 China August New Loans

- 21:30 US Core Consumer Price Index

- 23:30 US Crude Oil Inventories

◇Lunch & Commute Weather
○ Lowest temperature 25℃(0℃) ｜Highest temperature: 35℃(▲1℃)
○ Precipitation probability morning 0%｜afternoon 60%
○ Fine dust morning moderate｜afternoon moderate
Apple Joins In... AI Market to Quadruple to 66 Trillion Won by 2030 [3-Minute Brief] 원본보기 아이콘

OK in 3 minutes, essential time-efficient economic news. Published daily at 8 AM.



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