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Cramer cites Thursday AI stock drop as case for portfolio diversification

AI-linked stocks including Oracle and Broadcom fell Thursday after a Financial Times report said OpenAI's annualized revenue was roughly $20 billion below prior indications. At the same time, non-AI names like Home Depot rallied as Treasury yields fell following a strong 30-year bond auction. CNBC's Jim Cramer said the divergence showed the benefit of holding a diversified portfolio rather than concentrating in one investing theme.

9to5Mac podcast previews Apple's smart home event and LG accessory partnership

In this week's Happy Hour episode, hosts Benjamin Mayo and Chance Miller discuss Apple's upcoming product announcements, including a reported partnership with LG on smart home accessories and upcoming changes to macOS Full Disk Access permissions. They also touch on OLED MacBook Pro details, though the episode was recorded before Apple's official 'Welcome home' event announcement.

iOS 27 brings 4K HomeKit video and AI-generated clip descriptions to Apple Home

Apple's iOS 27 update adds major upgrades to the Home app, led by improvements to HomeKit Secure Video. Compatible cameras can now stream and record in 4K, up from the previous 1080p cap, while Apple Intelligence adds AI-generated video descriptions, clip search, and highlighted 'noteworthy clips.' The update also introduces real-time notifications that consolidate related alerts into a single updating message instead of several separate ones.

U.S. 30-year mortgage rate rises for seventh straight week, highest since Nov. 2023

The average rate on a 30-year U.S. mortgage climbed for a seventh consecutive week, pushing it to its highest level since November 16, 2023. The increase continues a sustained upward trend in borrowing costs for home buyers.

Starter homes vanish nationally but persist in several Midwest markets

Entry-level homes have grown scarce across most of the United States, but a report finds that a handful of Midwest cities still have a notable supply of affordable starter homes. First-time buyers in these markets are reportedly finding ways to purchase homes despite broader affordability pressures elsewhere.

Apple Sets Oct. 13 'Welcome Home' Event in New York

Apple confirmed a media event for Oct. 13 at 9 a.m. ET in New York, themed 'Welcome Home.' Marketing executive Greg Joswiak teased the date via a video posted on X showing a needlepoint of Apple's logo.

Apple sets October 13 event themed 'Welcome home' for new Home products

Apple confirmed a special event for Tuesday, October 13, under the tagline 'Welcome home,' following a teaser video from SVP Greg Joswiak. Press invitations went out for an in-person 'Apple Experience' in Tribeca, New York at 9:00 a.m. ET, and the event is expected to focus on new smart home products, possibly including accessories co-developed with LG.

Home-based small business ideas gaining popularity in the U.S.

Five small-business concepts that can be launched from a home setting are highlighted, reflecting a trend where nearly half of U.S. small enterprises operate from residences. This shift is driven by reduced commuting preferences and the desire to lower startup costs, with telecommuting facilitating various entrepreneurial ventures.

Apple sets October 13 New York event themed 'Welcome home'

Apple has announced an event for October 13th at 9AM ET in New York, with an invite carrying the tagline 'Welcome home.' Rumors point to smart home-focused announcements, including a display-equipped smart home hub, an updated HomePod Mini, a new Apple TV, and LG-made accessories like a video doorbell, thermostat, and indoor camera.

Amazon's Alexa Plus enhances smart home control but struggles with personal features

A senior reviewer reports that Alexa Plus has become the most reliable smart home assistant she has tested, effectively managing routines, device control, and kitchen tasks across multiple Echo devices. However, its attempts at personal memory features and targeted advertising are inconsistent and frustrating, with frequent intrusive ads on Echo Show displays. Despite improvements in smart home integration, the assistant's personal assistant capabilities remain underdeveloped after a year of use.

LG smart home cameras and doorbell made for Apple leak in new images

Leaker @ringo_tech posted images and specs for LG-branded devices reportedly co-developed with Apple: a wired video doorbell, floodlight camera, and indoor/outdoor plug-in cameras. The leak follows Mark Gurman's report that Apple and LG are jointly building a line of Home accessories including a smart lock, thermostat, and temperature sensor ahead of a product unveiling next week.

Meta Ad Costs Rise as Social Media Burnout Prompts Shift to Offline Marketing

A recent report highlights that nearly half of U.S. adults have deleted social media apps due to stress, and many others are posting less or feeling overwhelmed. Meanwhile, Meta's advertising expenses continue to climb, prompting businesses to reconsider their marketing strategies. Experts suggest focusing on high-quality content and exploring offline channels to reach consumers more effectively.