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Apple Plans to Unveil New High-End MacBook Pro, 14-Inch Priced at $2,899
Apple is planning to unveil new 14- and 16-inch high-end MacBrook Pro laptops at an event on Wednesday, adding more expensive options above the current lineup, with devices will featuring OLED XDR touch displays and a Dynamic Island element, Bloomberg's Mark Gurman reports. The company has discussed charging $2,899 for the new 14-inch device with an M5 Pro, which is $400 more than the current M5 Pro version which was introduced in March and has already received a price increase this year, the author says, citing a person familiar with the matter.
Apple Updates Creator Studio with New Features
Apple introduced updates to Apple Creator Studio, the collection of creative apps designed to put studio-grade tools into the hands of modern creators across Mac, iPad, and iPhone. The company said, "Final Cut Pro for Mac now includes built-in MotionVFX - an expansive collection of visual effects, plug-ins, transitions, templates, and motion graphics tools - as well as seamless editing in Pixelmator Pro Apple's curated Content Hub now includes video assets and is available in Final Cut Pro. Music creators using Logic Pro for Mac gain a new intelligent assistant in beta, an enhanced Stem Splitter that now separates drums, and a redesigned Browser that incorporates all sounds, with music understanding and even a Splice library. Pixelmator Pro introduces Generate Fill, which lets creators transform selected areas of an image using natural language. Keynote, Pages, and Numbers introduce new AI features in beta, including assistants that understand document context and new Model Context Protocol support for workflow automation. They also add stock video in the Content Hub and new premium themes and templates." Apple Creator Studio updates will be available on the App Store this November as a free update for existing subscribers.
Apple Launches New iMac Starting at $1,499
Apple announced the new iMac featuring the superfast M6. The company said, "From families and aspiring creators to small businesses, users will experience the speed and power of M6 in everything they do. Featuring a faster CPU and GPU with Neural Accelerators in each core, it blazes through everyday apps and multitasking while delivering powerful performance for creative workflows like photo and video editing. For Intel-based upgraders, the leap is even greater, with up to 18x faster performance than the most popular Intel-based iMac. And together with the Dual 16-core Neural Engine, the new iMac delivers up to 5x faster on-device AI performance than M4. Whether users are taking advantage of Siri AI and Apple Intelligence features across apps and macOS, running local AI models, or vibe coding, iMac is a powerful platform for AI while preserving user privacy.2 Connectivity gets even better with Wi-Fi 7 and Bluetooth 6, along with available 2.5 Gigabit Ethernet and storage that is up to 2x faster, so apps and large projects launch in an instant.3 Completing the iMac experience is an expansive 24-inch 4.5K Retina display; an industry-leading camera, speakers, and mics; up to four Thunderbolt 4 ports; color-matched accessories; and the power of macOS 27. Available in a spectrum of seven colors - blue, green, pink, yellow, purple, orange, and silver - the new iMac is a tremendous upgrade for existing users and an incredible gateway into everything the Mac can do for new users. Customers can pre-order starting tomorrow, October 28, with availability beginning Friday, November 6." iMac with M6 featuring a 10-core CPU and 10-core GPU starts at $1,499 and $1,449 with education savings. iMac with a 12-core CPU and 12-core GPU starts at $1,699 and $1,599 with education savings.
Apple Launches New 14-Inch MacBook Pro Starting at $1,999
Apple announced the new 14-inch MacBook Pro with M6. The company said, "M6 features an advanced 12-core CPU with the world's fastest CPU core, so everything from productivity tasks to more demanding pro workflows feels incredibly fast and responsive. The 12-core GPU delivers up to 30 percent faster graphics and up to 25 percent faster AI workloads when compared to M5, making the 14-inch MacBook Pro with M6 a compelling value for users who need serious power. For those upgrading from M1, the performance gains are even more significant, with up to 11x faster graphics and up to 13x faster AI performance. With additional Neural Accelerators in the GPU and a Dual 16-core Neural Engine, M6 turns MacBook Pro into an even more powerful platform for AI - from taking advantage of Siri AI and Apple Intelligence features across apps and macOS to running LLMs locally, all while preserving user privacy.4 In addition, the 14-inch MacBook Pro features Wi-Fi 7 and Bluetooth 6, while superfast storage makes working with large files, exporting projects, and running demanding AI workflows fly. And with phenomenal battery life of up to 24 hours, it delivers the same remarkable performance whether plugged in or on battery, so users can work, create, and pursue their passions from anywhere. It also offers the advanced features users love, including the stunning Liquid Retina XDR display with a nano-texture option, a 12MP Center Stage camera, an immersive six-speaker sound system, and a wide array of ports. Together with macOS 27, the new 14-inch MacBook Pro with M6 is a major upgrade for existing Mac users and those coming to Mac for the first time. Available in space black and silver, it can be pre-ordered beginning tomorrow, October 28, with availability starting Friday, November 6." The 14-inch MacBook Pro with M6 starts at $1,999 and $1,899 with education savings.
Major Averages Rise as Investors Prepare for Earnings Week
The major averages were broadly higher as investors prepare for an important week of earnings, the Federal Reserve's interest-rate decision and fresh inflation data. Markets are attempting to stabilize after the S&P 500 and Nasdaq Composite posted a second consecutive weekly decline, with investors weighing whether heavy artificial intelligence spending will translate into stronger earnings and cash flow. Investors are preparing for quarterly reports from major technology companies, including Amazon, Alphabet, Microsoft and Intel, alongside other prominent names that include Visa, Coca-Cola, Boeing, Eli Lilly and Exxon Mobil.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Anthropichas publicly filed for an IPO on Nasdaq under the stock ticker "ANT"Metaannounced a $35B equity offering and plans for a $60B at-the-market program upon the commencement of trading of its recently announced Class C sharesSpaceXreported a $40B GPU equipment lease agreement with Apollo GlobalApolloannounced a strategic investment in Mubadala CapitalEQT Corporationagreed to acquire Range Resourcesin an all-stock transaction2. WALL STREET CALLS:Barclays upgraded Teslato Overweight, citing a merger opportunity with SpaceX, stronger core business outlook, and signs of Robotaxi inflectionBlockdowngraded to Equal Weight at Morgan StanleyNew Street upgraded Intelas CPU scarcity strengthens turnaroundAdvance Auto Partsdowngraded to Sell at Rothschild & Co Redburn and reinstated with an Underperform at BofAMorgan Stanley upgraded Lockheed Martinafter the company's F-35 production agreement3. AROUND THE WEB:Analysts expect companies in the S&P 500 to report profit growth of 30% in Q3 earnings compared to last year, yet Nvidiaand Micronare expected to account for 34% of that growth, WSJ saysSkydanceis offering voluntary buyouts to employees, Washington Post reportsAppletold Bloomberg it is aware of a cracked screen issue with a "small number" of iPhone DuosAppletweaked macOS for its OLED touch MacBook Pro, due Wednesday, with a dynamic interface that adapts to whether touch or the trackpad was last used, Bloomberg reportsAnthropic'sClaude accessed Georgia voter data without human authorization, Axios says4. MOVERS:Surgery Partnersgained after Healthspan announced it will acquire the company for $23.50 per share in cashXtendincreased after reporting preliminary 9M revenue and appointing Matt McGraw as its U.S. CEOInstacartwas higher after the Wall Street Journal reported that DoorDashis in advanced talks to acquire the companyPagSeguroand Nu Holdingswas lower in New York after President Luiz Inacio Lula da Silva won Brazil's presidential runoffArcos Doradosfell in New York after BofA downgraded the stock to Neutral5. EARNINGS/GUIDANCE:Verizonreported Q3 results and raised its outlook for FY26, with CEO Dan Schulman calling it "another record-breaking quarter"Easterly Government Propertiesreported Q3 results, raised its outlook for FY26, and provided its guidance for FY27Bank of Hawaiireported Q3 results, with EPS missing consensusHBT Financialreported Q3 results, with EPS and revenue beating consensusAlliance Resource Partnersreported Q3 results, with CEO Joseph Craft III noting it was "an outstanding third quarter"INDEXES:The Dow rose 146.42, or 0.28%, to 52,361.58, the Nasdaq gained 214.04, or 0.82%, to 26,169.38, and the S&P 500 advanced 53.09, or 0.70%, to 7,676.77.
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