Apple’s long-rumored foldable iPhone will likely have a starting price between $1,800 and $2,000 in the U.S., analysts at investment banking firm UBS said this week. If so, the foldable iPhone would cost more than a MacBook Pro, which starts at $1,599.
With a starting price of at least $1,800, the foldable iPhone would be the most expensive iPhone model ever released, topping the Pro Max at $1,199 and up.
In the U.S., Samsung’s new Galaxy Z Fold 7 starts at $1,999.99, so the foldable iPhone could be priced in line with competing devices.
In related news, the foldable iPhone’s thickness has potentially leaked.
In a post on Chinese social media platform Weibo today, the account Instant Digital said that the foldable iPhone will have a thickness of at least 4.8mm. Earlier this year, Apple supply chain analyst Ming-Chi Kuo said that the device would be as thin as 4.5mm when unfolded, but perhaps Apple will not quite hit that mark.
Instant Digital has more than 1.4 million followers on Weibo, and the account has accurately leaked Apple information before, such as the Yellow finish for the iPhone 14 and iPhone 14 Plus, and the Apple Watch Ultra 2’s Titanium Milanese Loop. However, like most sources, the account does not have a perfect track record.
By comparison, Samsung’s Galaxy Z Fold 7 measures 4.2mm when unfolded. So, regardless of which source is correct here, the first foldable iPhone would be slightly thicker than Samsung’s latest offering. Of course, Samsung has been releasing foldable smartphones since 2019, so Apple will be entering the market years later.
Earlier this week, Kuo said Apple is aiming to start mass production of the foldable iPhone in the second half of 2026, so the device should launch next year. He said the device will have a 7.8-inch inner screen with a “crease-free” design, a 5.5-inch outer screen, two rear cameras, one front camera, and a Touch ID power button instead of Face ID.
Your guide to what Trump’s second term means for Washington, business and the world
Back in April, President Trump gave trading partners 90 days to strike trade deals, or face the reimposition of his so-called reciprocal tariffs. July 9 (last Wednesday) was D-Day.
The deadline came and went. Trump kicked the can down the road, giving trading partners until August 1 to strike a deal, or face levies once more. And this time, he really means it.
What has this whomp-whomp trade deadline actually taught us about the way Trump negotiates?
Dmitry Grozoubinski joins MainFT’s senior trade writer, Alan Beattie, on this week’s The Economics Show podcast. Dmitry is a former Australia trade negotiator and founder of the consultancy ExplainTrade.
He’s also the author of Why Politicians Lie About Trade — which, as Alan points out, feels quite apt at the minute.
Trump’s trade strategy isn’t just unusual, says Grozoubinski; it also seems to be pretty ineffective. Some of the glitches, such as when Trump sent a tariff-threatening letter to the King of Thailand, can be blamed on what Alan calls “bumbling ineptitude”.
Other flaws are more fundamental:
If a deadline isn’t a deadline, it sort of loses its power. Or as Dmitry says, “if you threaten to shoot a hostage and then you keep pushing the deadline back … it’s not entirely clear you’re going to do it.”
The US isn’t giving its trading partners the chance to paint negotiations as a victory back home. Dmitry again: “every outcome or every step of progress is immediately heralded to the press as a triumph over a weak adversary.” That makes it “much more difficult for the people that they need to do favours for them to do those favours.”
It isn’t entirely clear what the Trump administration actually wants from its tariff threats. Does the President want to bring business back home? Does he feel the US is getting ripped off? Or, as Dmitry suggests, does he simply want to show that he’s the world’s “apex predator”?
The podcast’s free to access and there’s a full interview transcript. Your thoughts are welcomed in the FTAV comment box.
Dakota, Elle Fanning enjoy sisters night out at celeb hotspot
Dakota and Elle Fanning filled the Los Angeles streets with the ultimate siblings’ goals energy.
On Tuesday, July 15, A Complete Unknown star and Dakota, 31, stepped out together to spend some quality time together, enjoying a siblings only dinner at the celebrity hotspot.
The Watchers actress and Elle, 27, were spotted leaving an Italian restaurant Giorgio Baldi in Santa Monica after enjoying a meal.
The Maleficent actress and her older sister turned heads in chic outfits. For the occasion, Elle donned a black dress and added a few inches to her frme with coordinated heels.
She completed her stylish look with red lipstick. Meanwhile, Dakota opted for a white blouse.
The Once Upon A Time…in Hollywood actress coupled her top with a pair of black trousers.
The fanning sisters seemed to be having a blast of a day with Elle and Dakota laughing and giggling while settling in a taxi outside the venue.
The duo was taking a well-deserved break from their packed calendars to reconnect and appeared genuinely happy.
Additionally, Elle and Dakota aren’t the only siblings. The sisters have one younger brother named Hunter Fanning.
A paranormal investigator who was helping lead a national tour of the allegedly haunted Annabelle doll has suddenly died over the weekend.
On Tuesday, the New England Society for Psychic Research announced the “sudden” passing of 54-year-old Dan Rivera, the organization’s lead paranormal investigator and army veteran.
Rivera’s death occurred on Sunday during his visit to Gettysburg, Pennsylvania, where he was leading the Devils on the Run Tour. As part of the tour, Rivers and other NESPR members were bringing the supposedly haunted Raggedy Ann doll across multiple states.
The doll, which was popularized through the 2013 horror movie The Conjuring and its subsequent franchise, was first purchased in 1970 from a hobby store by a mother and given to her daughter, a nursing student, in Connecticut.
Annabelle was reported to have moved around on its own, leaving notes and “psychic slashes” on victims. The doll was subsequently given over to the late paranormal investigators Ed and Lorraine Warren who kept it in their occult museum based in Monroe, Connecticut.
Rivera, who said that Lorraine Warren had mentored him, told participants gathered at Gettysburg’s Soldiers National Orphanage over the weekend about the precautions he had taken to protect them from the doll’s supposed hauntings.
“What Lorraine would say to protect yourself … is to close your eyes and envision yourself in a halo of white light,” Rivera told participants, the Evening Sun reports.
In a statement to the outlet, Francis Dutrow, the Adams county coroner, F confirmed that as of Tuesday afternoon, Rivera’s cause of death remains undetermined pending an autopsy. According to county dispatch scanner archives reviewed by the Evening Sun, firefighters and medical personnel responded to a call at a Gettysburg hotel after 8pm on Sunday “for a report of CPR in progress on a male patient of Rivera’s age”.
The coroner’s office further added that Rivera’s death was not suspicious and that he was found alone in his hotel room, the Evening Sun reports.
In its statement online, NESPR mourned Rivera’s death, saying: “His integrity, creativity and generosity defined him. Dan’s passion for the paranormal was rooted in a genuine desire to educate, help and connect with others – whether through social media, conventions or investigations with local families seeking understanding and peace.”
“As we navigate the days ahead, we want to share that although we do not know what the future of NESPR will look like without Dan, we do plan to move forward with the events previously scheduled for this year. We believe with all our hearts that Dan would have wanted the work to continue – bringing people together, sharing knowledge, and honoring the memory of Ed & Lorraine Warren,” the organization added.
The Guardian has reached out for a comment from Rivera’s family.
Maria Sharapova never backed down from a challenge during her illustrious 19-year career. She battled, persevered, and willed her way to 36 singles titles, including five Grand Slams.
But can she handle the so-called “wings of death?”
That was the burning (pun intended) question on Hot Wings, the hugely popular YouTube show hosted by Sean Evans, in which guests get interviewed while chowing down on brutally hot wings that progressively get hotter and hotter as the episode rolls along.
The two-time French Open champ joined Evans for a 20-minute sit-down and was delightful, answering honestly and showing off some impressive comedic chops and quick wit. She admitted right off the bat that she was pretty nervous, and Evans applied the pressure by pointing out that over the course of 24 seasons and nearly 300 episodes, they’ve never had an athlete tap out.
The 38-year-old kept her composure fairly well — though you could start to see and feel the suffering — until the eighth wing, Da Bomb Beyond Insanity, which finally brought out the tears. Evans then threw some tennis slang at her, and asked her to explain the meaning of some unconventional terms. When asked if she’d rather partner with a cherry picker or a poacher in doubles, Sharapova hilariously responded, “What the f*** is a cherry picker?” (She was also mystified by the terms “can opener” and “pancake serve.”)
The good news about the severity of the eighth wing was that it successfully numbed her for the final two wings, which were the hottest, as she skated to the finish line with the assistance of a cold Stella Artois.
“This is pretty light,” she said confidently as she munched on the vaunted Last Dab xPerience.
Here are some other highlights and notable moments from the episode:
On her favorite “trick shot” from her arsenal
“I’m actually a pretty good left-hander. So on the run, instead of hitting a backhand, I’d hit a one-handed left-hand forehand, which surprised a lot of people and got me out of a lot of trouble. I think they were like, ‘What’s going on? Am I doing something different? Why am I hitting that shot?’ I did it on the run and ended up winning a few points.”
On the power of winning for your fans
“One of the great things about the sport was I realized that when you walk on the court, you have the ability to change someone’s mood and perspective. They could be having a really bad day. And even if you’re having a really bad day on the court and you find a way to win, that inspiration for a young girl or boy is one of the reasons I played.”
On finding her flow state
“A lot of athletes describe the flow state as a moment where everything is going in your favor, that everything is smooth, that it’s deliberate. You don’t have to think of where the result is, or if it’s gonna go in or out. You just perform, and I think that comes down to mindset. You work so hard, extremely hard, every single day, to get to that moment of flow state.
And to be honest, I’ve been in that state only a handful of times, and the fourth round of Wimbledon [in 2017] was definitely one of them. I came off the court and said, ‘I don’t know when I’m ever gonna feel like this, but this was fantastic.’”
On the difficulty of being the runner-up during the trophy ceremony
“Not enough people talk about that. It is one of the most challenging moments as an athlete, as a tennis player. Not many sports [does] the runner-up stay on court while the winner’s trophy — and check, by the way, but who’s counting the money? — gets presented and you are just left with a few tears and this little hot wing. It’s not pleasant.
In some of those moments you get to know an individual’s personality. In moments of vulnerability, especially as an athlete, your character comes through of how you’re handling difficulty situations. Part of being on the podium as a runner-up ultimately sets you up for winning.”
On the struggle of eating super clean and healthy (read: bland) when she played
“I think it was one of the reasons I retired. (Laugh) There was nothing like sitting in an empty player lounge, or an empty locker room, [and there’s a] white plate covered in foil, and you’re like, ‘What’s under here?’ It’s just white, steamed rice with a little bit of salt and some really dry chicken. And some carrots — steamed carrots. I think I’d rather have 10 really spicy wings than that meal ever again.”
On pickleball vs. tennis
“I’m not much of a pickle player. If I had an hour in my day, I’d rather play tennis. I feel like it’s a better workout — no offense to anyone — and it’s just intellectually more interesting. But I understand the social aspect of pickleball.”
On the one match that means the most to her
“Your first Grand Slam final is ultimately the most memorable one. In my career it came at a very young age. I was 17 years old. It was in London, at Wimbledon. The whole world was watching. I was playing against Serena Williams, and it felt like I should just be happy to be there, but I was so fearless. I loved the occasion. I loved everything about it. I loved the quiet moments, the English crowd. I loved the strawberries and cream before every match I had, even though I was not supposed to eat the cream. But it’s always the memory that comes to mind because I least expected it to come then. I was so tough. I went for it.”
Since taking office earlier this year, the Trump administration has reignited tariff disputes between the European Union and the United States. The US has reimposed US Section 232 measures on steel and aluminum, extended the scope of these measures, and, on April 2nd, imposed IEEPA tariffs on EU products under the International Emergency Economic Powers Act. These IEEPA tariffs were then reduced to 10% until July 9th.
In response, the EU issued a list of US goods worth EUR 21 billion that would face additional customs duties as countermeasures to the US Section 232 measures. These countermeasures were then immediately suspended until July 14th to allow for negotiations.
Over the weekend of July 12th/13th, both the Trump administration and the European Commission made announcements about the ongoing tariff dispute. We go over these in this alert.
1. US measures
On July 12th, US President Trump announced that his administration will impose an additional 30% tariff on all products from the European Union starting August 1st.
The Trump administration also threatened to increase the tariff rate on EU products proportionally to the level of retaliation chosen by the EU.
These 30% tariffs are separate from the sectoral tariffs (e.g., the US Section 232 measures on steel and aluminum).
However, the legal basis for these measures remains unclear. The IEEPA tariffs have been challenged in court, and on May 28th, the US Court of International Trade ruled that “IEEPA does not authorize any of the Worldwide, Retaliatory, or Trafficking Tariff Orders.” On May 29th, the US Court of Appeals for the Federal Circuit entered an administrative stay pending appeal.
2. EU measures
The Commission decided to extend the suspension of the countermeasures until August 1st.
Commission President von der Leyen stated that the EU was still committed to working towards an agreement with the Trump administration.
The Commission also indicated that it would adopt proportionate countermeasures if they were needed to safeguard EU interests. To that end, the Commission held a preparatory stakeholders’ consultation in May, on countermeasures. This week, as the August 1st deadline approaches, the Commission will propose additional countermeasures to the EU Member States that would target EUR 72 billion in US goods.
Despite strong advocacy from certain Member States, President von der Leyen indicated that the Commission is reluctance to use the Anti-Coercion Instrument, as EU-US trade relations are not yet in an “extraordinary situation”.
Ether continues to demonstrate notable strength, both on an absolute basis and relative to bitcoin , which suggests that its recent up-move could kickstart further gains. First, on this daily chart, it’s clear that ETH finally has broken out of a bullish inverse head-and-shoulders pattern, a technical formation that has been under construction for most of 2025. By continuing to trade above the $2,870-breakout zone, the measured-move upside objective would be all the way up at $4,375. Momentum is also supportive of the move. ETH’s 14-day Relative Strength Index (RSI) now has spiked from the low 30’s to the mid-70s in just four weeks. That’s quite a move for the indicator. For context, the RSI surged to nearly 90 in mid-May before cooling off. This suggests that while the current rally is powerful, it will need a breather again at some point soon. Nevertheless, as long as ether continues to hold above the neckline of its inverse head-and-shoulders pattern, the broader bullish case remains viable. Further, eventually achieving the $4,375-target also would put ether above its December 2023 highs and back within striking distance of its all-time highs from the 2021 cycle. In doing so, ETH would also be completing what could be a much, much larger, multi-year bullish base, which is best viewed on this monthly log chart. Thus, this longer-term pattern implies that the breakout discussed above may, in fact, be more than just a short-term trading event. Needless to say, a lot hinges on ether’s ability to maintain its recent strength. Not only has ether been strong on its own, but it has also begun to outperform bitcoin. Since bottoming earlier this year, ETH has done materially better than BTC: From the April lows, bitcoin is up 60%, while ether has shot higher by over 130%. That relative strength is important, particularly for traders and investors seeking rotation opportunities between the two largest cryptocurrencies. The key question is whether this bounce in the ETH/BTC ratio now marks the beginning of a new cycle of ether outperformance. If it does, ether could not only reclaim its leadership role in the crypto space but also reignite broader interest across the alt-coin landscape. All eyes remain on ETH to see if it can continue to build on this momentum — and if so, the next leg higher may just be getting started. The next step: hold this breakout on the ensuing pullback, whenever it starts. DISCLOSURES: None. All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
SAVE 36%: As of July 16, you can get the Roborock Q10 X5+ robot vacuum and mop for $319.98, down from $499.99, at Amazon. That’s a 36% discount and a $180.01 savings.
If you weren’t able to score a robot vacuum during Prime Day, there’s still a handful of robot vacuum deals happening right now.
As of July 16, you can get the roborock Q10 X5+ robot vacuum and mop for $319.98, down from $499.99, at Amazon. That’s a 36% discount and a $180.01 savings. It’s also the best price we’ve seen this model go for.
Mashable Trend Report
SEE ALSO:
I’ve tested 25+ robot vacuums. Here are 6 I’d actually recommend buying in 2025.
The Roborock Q10 X5+ is a robot vacuum and mop combo, and it comes with a self-empty base (that can hold up to seven weeks’ worth of dust and debris). It’s designed specifically for homes with pets and kids — it has a dual anti-tangle system that keeps hair from getting caught up in the vacuum, and it can avoid carpets when mopping. With a 10,000 Pa suction power, the Roborock Q10 X5+ has more than enough power to take on messes on both hard and soft floors.
You’ll also get smart navigation and total control with the PreciSense LiDAR map feature (which is supposed to map your home six times faster), along with customizable routines and no-go zones. It can run for up to 150 minutes, and when it’s done, it will automatically head back to its dock to recharge and empty its dustbin.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: It’s been a volatile session. The S & P 500 on Wednesday afternoon briefly sold off after it was reported that President Donald Trump told Republican lawmakers he planned to fire Federal Reserve Chairman Jerome Powell if they gave him approval to do so. Trump’s main issue with Powell is the Fed’s reluctance to cut interest rates, making it ironic that longer-term interest rates jumped immediately after the news broke. But stocks rebounded and rates dipped after the president denied he was close to firing Powell, stating it was “highly unlikely.” Power deal: Eaton announced a small acquisition early Wednesday. The company bought Resilient Power Systems, a North American developer and manufacturer of energy solutions. Resilient’s solid-state transformer-based technology is primarily used for electric vehicle charging depots. Still, Eaton said it thinks it can potentially expand this application to data centers and energy storage. No terms were announced, suggesting this was a very small deal that probably won’t move the needle in the short term. However, it should provide Eaton with more exposure to fast-growing markets, and that’s something we appreciate. On Tuesday, Eaton announced a collaboration with fellow portfolio holding Nvidia to power AI data centers. Up next: United Airlines , Alcoa , and Kinder Morgan are set to report earnings after Wednesday’s closing bell. On Thursday, we get quarterly results from Club name Abbott Laboratories , as well as Taiwan Semiconductor Manufacturing , GE Aerospace , and PepsiCo . On the data side, Thursday morning brings June retail sales, which are expected to show an increase of 0.2% month over month, according to FactSet. This report follows a 0.9% retail sales decline in May, a result that was much weaker than expected . New numbers on retail sales, which are not inflation-adjusted, also follow this week’s reading that showed an update in June consumer prices. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
