Apple rolled out its second-generation AirPods on Wednesday. The tech giant added hands-free Siri access, 50 percent longer talk time and optional wireless charging to the product. Apple fans have been eagerly awaiting a follow-up to the original AirPods, which were launched in 2016. The new version looks like the old but has several new features. Apple added a new H1 processor that will increase talk time and the ability to summon Apple’s voice assistant simply by saying, “Hey Siri,” without touching the ear buds. The new chip will allow the Apple AirPods to connect twice as fast to other devices. Your new toy will set you back $159, unless you want the new wireless charging case which will set you back $199. The new model will be available in stores next week. Headphones are a key way for Apple to expand revenue as it sells fewer iPhone. AirPods are a key component of Apple’s growing Wearables, Home and Accessories segment, which generated more than $17 billion in revenue last year.
Out With Old, In With The New…
Starbucks announced Wednesday, it will target two areas to boost future growth: start-ups and improving its in-store experience. The coffee giant has made a $100 million investment in a new venture fund with Valor Equity Partners, which has previously invested in Tesla and SpaceX. The fund will give the coffee giant the first look at food and retail start-ups. The investment marks the first time that Starbucks has made this kind of investment. Investing in start-ups has become increasingly popular in the last few years among other food companies who are trying to adjusting to changing consumer tastes. The Seattle-based company also announced plans to update its stores starting with New York City locations this summer. Starbucks did not share how it plans to refresh the cafes nor how it will finance those plans.
Asia: Asian stocks closed higher on Thursday, after Fed Head Powell announced no rate hikes for the rest of the year.
Europe: European markets closed lower as Brexit drama continues.
U.S: U.S. markets closed mostly lower on Wednesday after the Federal Reserve announced it will continue to pause interest rate hike through the res of the year. DJIA: -141.71 25745.67 NASDAQ: +5.02 7728.97
Word Of The Day…
A statistical technique used to even out periodic swings in statistics or movements in supply and demand related to changing seasons.
Dinner or Drink:
2 scoops of ice cream
2 oz. half-and-half
1 oz. cherry juice
3 oz. Frangelico® hazelnut liqueur
Frappe all the above ingredients EXCEPT the cherries pour into the Mason jar and top with the cherries.