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Apple (AAPL) is scaling back plans for new AI-based health coach service, according to Bloomberg

Apple's decision to scale back its plans for a new AI-based health coach service indicates potential challenges in executing ambitious projects within the tech space.

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Japanese Household Spending YoY (Dec) Y/Y -2.6% vs. Exp. 0% (Prev. 2.9%, Low. -3.7%, High. 1.0%)

[MARKET UPDATE] Silver continues to slide with prices down around 5% in early Asia trade after slipping beneath USD 70/oz and then to below USD 68/oz

Apple (AAPL) is scaling back plans for new AI-based health coach service, according to Bloomberg

[MARKET UPDATE] US equity futures are on the backfoot following the reopen with Emini S&P down 0.5% and Emini Nasdaq 100 down 1.0%, amid headwinds from Amazon which shares dropped around 10% post-earnings on bottom line miss and elevated capex guidance

US President Trump posts "Rather than extend “NEW START” (A badly negotiated deal by the United States that, aside from everything else, is being grossly violated), we should have our Nuclear Experts work on a new, improved, and modernized Treaty"

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This may lead analysts to reassess the growth trajectory anticipated from such innovations and could weigh on investor sentiment, particularly as the company looks to diversify its offerings. Market implications might include a focus on existing product lines and reduced expectations for breakthrough services.

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