Apple shares hit all-time high ahead of developer conference
People arrive before an Apple event on the campus of Apple's headquarters in Cupertino, Calif., on Sept. 7, 2022. (Jeff Chiu / AP)
Apple Inc shares hit a record high for the first time in 17 months on Monday, ahead of an annual software developer conference, although their market value remained short of an all-time peak of US$3 trillion.
Apple is expected to launch a mixed-reality headset later in the day, which would be its first big move into a new product category since the introduction of the Apple Watch nine years ago.
Shares of the world's most valuable listed company were last up 1.5% at $183.70.They have jumped nearly 40% in 2023, compared with an 11.5% rise in the benchmark S&P 500.
Apple became the only company to hit $3 trillion in market capitalization early last year. It was last valued at $2.89 trillion.
The iPhone maker's forward 12-month price-to-earnings ratio is 28.39, compared with the sector median of 12.79.
Reporting by Medha Singh in Bengaluru; Editing by Shounak Dasgupta and Anil D'Silva
YOUR FINANCES
Statistics Canada says household debt ratio down in Q2 as income grew
Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
How electric vehicle insurance compares to gasoline-powered vehicles
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
OPINION
OPINION 6 ways to prepare your finances for a potential recession
Despite Canada's economic resilience in the face of rising interest rates, it's still important to be prepared in case a recession hits. In a column for CTVNews.ca, personal finance contributor Christopher Liew shares some practical tips and actionable advice to better weather any economic storm.
Back-to-school: Parents offer tips on how they save during annual shopping spree
A new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
opinion
opinion Canada can dodge a recession, but it could still happen; here's why
In his column for CTVNews.ca, personal finance contributor Christopher Liew outlines how Canada might avoid a recession, as well as some risks that could contribute to one.
Budgeting important part of RESP spending plan as students head to school
Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall.
Turning to dollar stores for groceries? Here's what a dietician recommends
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
OPINION
OPINION Financial tips for newcomers to Canada, from an expert
For those who have recently immigrated to Canada, it's important to learn the basics of how the country's financial system works. Personal finance contributor Christopher Liew shares some financial tips around how to open a bank account, build your credit and file your taxes as a newcomer.
CTVNews.ca Top Stories
India suspends visa services in Canada and rift widens between countries
India's visa processing centre in Canada suspended services Thursday as a rift widened between the countries after Canada's leader said India may have been involved in the killing of a Canadian citizen.
From Centre Ice Conservatives to Canadian Future, a new federal party takes shape
The interim leader of Canada's newest federal party says he wants it to be an option for people who are tired of both the governing Liberals and the "rage farming" coming from the Conservatives.
Cutting obituary for B.C. man thanks karma for 'doing what she does best'
Few obituaries begin with the words, "I am pleased to announce" – but Amanda Denis believes in blunt honesty.
Cross-country rallies against 'gender ideology' in schools meet with counter-protests
Thousands of people gathered in cities across Canada on Wednesday for competing protests, screaming and chanting at each other about school policies on gender identity.
Jury selection set to begin in Peter Nygard sex-assault case in Toronto
Jury selection in the sexual-assault case against Canadian fashion mogul Peter Nygard is set to begin this morning in a Toronto courtroom.
Video shows officer repeatedly discussed charging 11-year-old victim with child sexual abuse offence
A Columbus police officer summoned to a home by a father concerned his 11-year-old daughter was being solicited by an adult man repeatedly asserted that the girl could face charges for sending explicit images of herself.
Canada showcases tragic wildfire season to promote carbon pricing initiative at UN
The federal government is hoping Canada's devastating wildfire season sparks momentum for carbon pricing at the United Nations.
Younger Canadians are not having children. Here's why, according to Statistics Canada
Younger Canadians are being impacted by many compounding issues including the high cost of living, which is one of the reasons they aren't having children, a new report by Statistics Canada shows.
Russia strikes cities from east to west Ukraine, starting fires and killing at least 2
Russian missiles pounded cities across Ukraine early Thursday morning, according to authorities, sparking fires, killing at least two people and trapping others under rubble, and Ukrainian ally Poland said it would stop providing weapons amid a trade dispute.
Canada
-
Alberta set to release report on benefits, drawbacks of quitting Canada Pension Plan
Premier Danielle Smith is set to release a report that could lead to a vote on whether Alberta should ditch the Canada Pension Plan.
-
'I was so shook up': Ontario senior says she was charged nearly $3,000 for replacement garage door opener
An Ontario senior has a warning for homeowners after she says a contractor overcharged her, demanding thousands of dollars to replace her garage door opener.
-
Jury selection set to begin in Peter Nygard sex-assault case in Toronto
Jury selection in the sexual-assault case against Canadian fashion mogul Peter Nygard is set to begin this morning in a Toronto courtroom.
-
Security at Indian Consulate in Vancouver boosted after Trudeau's remarks on Nijjar killing
The Vancouver Police Department says it's beefing up security outside India's Consulate after Prime Minister Justin Trudeau said this week there was credible intelligence about a potential link between India's government and the killing of a Sikh community leader in B.C.
-
4 wildfire fighters killed in collision on B.C. highway
Four people were killed in a car crash early Tuesday morning on B.C.’s Highway 1, according to Mounties.
-
Ontario minister resigns from Ontario PC Party amid contradicting accounts of Las Vegas trip
Ontario’s minister of public and business service delivery has resigned from his cabinet position and the Progressive Conservative party.
World
-
King Charles makes historic speech at French senate as he hails ‘indispensable’ UK-France relationship
King Charles III became the first British monarch to make a speech from France’s senate chamber on Thursday, praising the “indispensable relationship” between the UK and its neighbour which he said was “as firm as it has ever been.”
-
Russia strikes cities from east to west Ukraine, starting fires and killing at least 2
Russian missiles pounded cities across Ukraine early Thursday morning, according to authorities, sparking fires, killing at least two people and trapping others under rubble, and Ukrainian ally Poland said it would stop providing weapons amid a trade dispute.
-
Syrian President Bashar Assad arrives in China on first visit since the beginning of war in Syria
Syrian President Bashar Assad arrived in China on Thursday on his first visit to the country since the start of Syria's 12-year conflict during which Beijing has been one of his main backers.
-
Video shows officer repeatedly discussed charging 11-year-old victim with child sexual abuse offence
A Columbus police officer summoned to a home by a father concerned his 11-year-old daughter was being solicited by an adult man repeatedly asserted that the girl could face charges for sending explicit images of herself.
-
A 96-year-old U.S. judge is barred from hearing cases in a bitter fight over her mental fitness
A 96-year-old U.S. federal appeals court judge was barred Wednesday from hearing cases for a year after a panel said she refused to undergo medical testing amid concerns that she is no longer mentally fit to serve on the bench.
-
South Korean leader warns Russia against weapons collaboration with the North
South Korea's president sounded a warning to fellow world leaders Wednesday about the recent communication and possible cooperation between North Korea and Russia, saying any action by a permanent U.N. Security Council member to circumvent international norms would be dangerous and 'paradoxical.'
Politics
-
From Centre Ice Conservatives to Canadian Future, a new federal party takes shape
The interim leader of Canada's newest federal party says he wants it to be an option for people who are tired of both the governing Liberals and the "rage farming" coming from the Conservatives.
-
India suspends visa services in Canada and rift widens between countries
India's visa processing centre in Canada suspended services Thursday as a rift widened between the countries after Canada's leader said India may have been involved in the killing of a Canadian citizen.
-
Conservative MPs told not to talk to media, post about 'parental rights' protests
Conservative MPs were told not to post online or talk to media about competing protests on Parliament Hill that saw protesters clashing over how schools should handle LGBTQ2S+ issues.
Health
-
COVID-19, overdoses drove overall increase in deaths in Canada: latest data
In 2021, overall deaths increased by one per cent compared to 2020 – an increase entirely due to more deaths among men, including more fatal overdose and COVID-19 deaths.
-
Gates Foundation commits $200 million to pay for medical supplies and contraception
The Bill & Melinda Gates Foundation pledged $200 million to help save the lives of mothers and children during childbirth, as the largest American philanthropic donor throws its weight behind the issue during the non-profit's annual Goalkeepers conference on the sidelines of the UN General Assembly.
-
Immediately stop using these child safety seats: Health Canada
Health Canada has issued a safety advisory asking Canadians to immediately stop using certain child safety seats due to injury risks.
Sci-Tech
-
Inside the delicate art of maintaining America's aging nuclear weapons
In an ultra-sterile room at a secure factory in Kansas City, U.S. government technicians refurbish the nation's nuclear warheads. The job is exacting: Each warhead has thousands of springs, gears and copper contacts that must work in conjunction to set off a nuclear explosion.
-
UBC researcher introduces AI powered 'social robots' to West Vancouver seniors facility
A facility in West Vancouver has partnered with a UBC researcher on a project that's introducing seniors to "social robots."
-
Google brings its AI chatbot Bard into its inner circle, opening door to Gmail, Maps, YouTube
Google is introducing Bard, its artificially intelligent chatbot, to other members of its digital family -- including Gmail, Maps and YouTube -- as it seeks ward off competitive threats posed by similar technology run by Open AI and Microsoft.
Entertainment
-
Australia to host academic conference on Taylor Swift
The University of Melbourne, Australia will host an academic conference on the Taylor Swift phenomenon, analyzing it and engaging in “critical dialogue” about the pop star’s impact on everything from fandom and pop culture to literature, the economy and the music industry, the event’s website said.
-
John Grisham, George R.R. Martin and more authors sue OpenAI for copyright infringement
John Grisham, Jodi Picoult and George R.R. Martin are among 17 authors suing OpenAI for "systematic theft on a mass scale," the latest in a wave of legal action by writers concerned that artificial intelligence programs are using their copyrighted works without permission.
-
Vanna White extends her time at the puzzle board on 'Wheel of Fortune' for two additional seasons
Vanna White is not giving up her puzzle board when Ryan Seacrest takes over for Pat Sajak as host of “Wheel of Fortune.” In fact, she will be there for his first two seasons.
