Investing Ideas

Apple M2 iPad Pro Launch Soon, New Macs Coming Later This Year

Apple (AAPL) will soon launch the all-new M2 iPad Pro with 11-inch and 12.9-inch versions.

Codenamed J617 and J620, it will have the same M2 processor found in the latest MacBook Air.

According to the Bloomberg report, Apple will also introduce a new MacBook later this year. With the M2 chip, the new iPad will be 20% faster than the current iPad Pro, which has an M1 chip in it.

The new entry-level iPad will be powered by the A14 chip, the same as the iPhone 12 and iPad Air 4. Along with the M2 iPad Pro, the report said a new entry-level iPad is also expected to be announced in the coming days. Codenamed J272, this iPad model will get a unique design with a USB-C port and 5G support.

Besides the iPad Pro, Apple is looking forward to turning the device into an intelligent hub and speaker. The approach would be similar to what Google is doing with its upcoming Pixel Tablet, the report said.

Investing Ideas

Improving Crude Oil Outlook Boosts Energy Stock Prices

Oil prices rose on Thursday, extending a more than 3% rally in the previous session, boosted by record U.S. crude exports and a weaker U.S. dollar, though gains were capped in Asia due to lingering fears over slack demand in China.

International

China's Q3 GDP Grew 3.9% YoY, Beating Forecasts

The data, published six days later than scheduled, showed higher growth than the consensus of 2.5%.

Investing Ideas

Multibagger IPO: This Defense Stock Price Almost Doubles in Three Months

Shares of Data Patterns (India) Ltd have continued the bullish run with the stock hitting a fresh record high of INR1,480 apiece on the BSE in Wednesday's early deals.