CUPERTINO, Calif. — Apple has set Sept. 9 as the date for its biggest product event of the year, an announcement that carries extra weight this time around: it will mark the first major keynote led by incoming Chief Executive John Ternus and is expected to introduce the company’s long-awaited first foldable iPhone.

Apple confirmed the date Wednesday, sending media invitations carrying the tagline “Surprise and shine” alongside an image of a glowing Apple logo. The event will take place at Apple Park in Cupertino, California, at 10 a.m. Pacific time, and will be livestreamed on the company’s website, according to the invitation.

A new era begins

The timing of the event is no coincidence. Ternus, Apple’s longtime senior vice president of hardware engineering, is scheduled to officially become chief executive on Sept. 1, just over a week before he takes the stage for his first major product launch in the role. Outgoing CEO Tim Cook, who has led Apple for 15 years, will transition to the role of executive chairman.

Ternus’s promotion was announced in April and has been widely viewed as a signal of Apple’s renewed focus on its core device business. Unlike Cook, who built his reputation as a supply chain, sales and finance expert, Ternus is a hardware engineer by trade, and Bloomberg News has reported that the timing of his transition to CEO was deliberately designed to coincide with the debut of Apple’s first foldable device.

Bank of America analysts framed the moment in stark terms in an August research note, writing that “Ternus could cement Apple’s device dominance in an AI enabled era,” according to CNN.

The foldable iPhone takes center stage

The centerpiece of the September event is expected to be Apple’s first foldable iPhone, a device the company has been rumored to be developing for years. As the iPhone approaches the 20th anniversary of its original introduction, the foldable design would represent the most significant change to the product’s physical form since it launched.

Apple enters a foldable smartphone market currently dominated by Samsung Electronics, which has spent years refining its Galaxy Z Fold line and, earlier this year, unveiled a new passport-sized foldable device as it works to defend its position ahead of Apple’s entry. Samsung’s senior vice president of mobile product management, Drew Blackard, told CNN in July that broader visibility for the foldable category, driven in part by new entrants, would likely benefit the segment overall.

Analysts expect Apple’s foldable iPhone to feature a display roughly comparable in size to an iPad mini when unfolded. Research firm IDC projects Apple will ship more than 17 million foldable iPhones by 2027, and forecasts foldable phone shipments industrywide will rise 12.6% this year even as overall global smartphone shipments are expected to fall by a record 16.7%.

What else Apple is expected to announce

Beyond the foldable device, Apple is expected to unveil the iPhone 18 Pro and iPhone 18 Pro Max at the September event. Reports have indicated the two models will represent relatively iterative upgrades rather than a dramatic redesign, and that Apple will hold off on announcing a standard iPhone 18 model until next year, according to MacRumors.

The company is also expected to introduce the Apple Watch Series 12 and Apple Watch Ultra, along with new smart home devices. Additional reporting has pointed to further hardware refreshes across Apple’s ecosystem, potentially including updated AirPods, as the company works to round out its fall product lineup.

On the software side, Apple may use the event to announce release dates for iOS 27, iPadOS 27 and macOS Golden Gate, giving developers and consumers a clearer timeline for its next generation of operating systems. Some reporting has also pointed to the possibility that Apple could introduce an upgraded, AI-powered version of Siri at the event, built using modern large language model technology to let the assistant interact more directly with apps such as messaging and calendars, according to CNBC.

Why this event matters more than usual

Apple typically holds a major hardware event every September to launch its newest iPhones, and this year’s gathering was expected regardless of any leadership changes. But the confluence of Ternus’s ascension to CEO and the debut of the company’s most significant hardware redesign in years has raised the stakes considerably for what is usually a predictable annual tradition.

CNN described Apple’s September event as widely considered the company’s most important moment of the year, a characterization that carries additional significance given that it will double as Ternus’s public introduction as chief executive to investors, customers and the broader tech industry.

The foldable iPhone in particular is seen by analysts as a critical driver for Apple’s business going forward. Premium, higher-priced devices like a foldable model are widely expected to support higher average selling prices and improved profit margins for the company, at a time when the broader smartphone industry is grappling with supply constraints tied to a shortage of memory and storage chips that has pushed up costs and dampened consumer demand.

Apple’s announcement ends months of speculation about the timing of its fall hardware event, though the company’s invitation, as is typical, offered no explicit confirmation of what will be unveiled on stage. The event will be streamed on YouTube, Apple’s own events page, and the Apple TV app, among other platforms, giving global audiences the chance to watch as Ternus steps into the spotlight for the first time as Apple’s chief executive.

With the foldable iPhone, a new CEO and a wave of other hardware and software announcements all converging on a single September morning in Cupertino, Apple watchers say the Sept. 9 event could prove to be one of the most consequential product launches in the company’s recent history — a test of whether its next era of leadership can deliver the kind of surprise its own invitation promises.

KATHMANDU, Nepal — Scientists say a collapsed glacier near the Himalayan peak of Langtang Lirung, not an earthquake, was the likely trigger behind the devastating flash flood that struck the Nepal-Tibet border this week, killing at least 177 people and highlighting the dangers of rapidly melting ice across the world’s highest mountain range.

Preliminary reports in the immediate aftermath of Wednesday’s disaster suggested a tremor may have caused a landslide that in turn triggered the flooding. But the U.S. Geological Survey has since clarified that the event was instead caused by a “glacial collapse,” a process in which a glacier or a portion of one disintegrates suddenly. The impact of the falling ice hitting the valley floor below was powerful enough to register as a magnitude 5.2 seismic event, according to USGS data and outside scientists who have since analyzed the disaster.

Pinpointing the source

Dr. Simon Cook, a glacier expert at the University of Dundee, told the BBC that his team had identified the lower portion of a glacier near the Langtang Lirung peak — located roughly 15 kilometers, or about 9 miles, west of the flood site — as the likely source of the collapse. Cook said his analysis indicates the glacier broke away and moved initially in a northwesterly direction before traveling westward downstream toward the communities and infrastructure that were ultimately destroyed.

A separate analysis by the International Centre for Integrated Mountain Development, an intergovernmental scientific institution known as ICIMOD, concluded that the disaster likely began with an ice-rock avalanche originating from a high-altitude area. That avalanche sent a large volume of ice and rock debris into the Lende Khola, a tributary of the Bhote Koshi river, generating a sudden surge of water, sediment and large boulders that swept downstream with tremendous force.

According to ICIMOD’s findings, water levels in rivers downstream rose between seven and nine meters within just 30 minutes of the collapse, a surge so powerful that it washed away or damaged several river monitoring stations positioned to track exactly this kind of hazard. The steep, narrow topography of the valley funneled the resulting torrent of water and debris at high speed through populated areas along the riverbanks.

A pattern scientists have long warned about

While it remains unclear precisely what caused the glacier to collapse on Wednesday, researchers have spent years warning that rising temperatures and broader climate change are accelerating the melting of ice and permafrost throughout the Himalayas, raising the risk of exactly this type of catastrophic event.

An ICIMOD analysis released earlier this year found that glaciers across the Hindu Kush Himalaya region are now losing ice at double the rate recorded since 2000, a trend that directly increases the danger of flooding and related hazards across the region.

This week’s disaster is not an isolated case. Cook pointed to similar incidents involving floods and landslides triggered by glacier collapses in recent years in India, Switzerland and Italy. In 2021, a large section of a Himalayan glacier collapsed in the Chamoli valley in northern India, unleashing a cascade of debris and water downstream that killed 200 people; scientists later estimated the force of that collapse was roughly equivalent to 15 atomic bombs. Even within Nepal, the same general region experienced flooding last year after a glacial lake in Tibet burst its banks.

“The pace of change is so rapid”

Mohd Farooq Azam, a cryosphere specialist with ICIMOD, said the growing frequency of hazards tied to the world’s frozen regions has become impossible to ignore. “The pace of change is so rapid that current efforts are struggling to keep up,” Azam said.

Cook was careful to note the scientific difficulty of attributing any single disaster directly to climate change, but said the broader pattern points clearly in that direction. “When you look at the pattern of these events, you do think climate change could have an impact,” he said.

He explained the underlying mechanism driving the trend: as the planet warms, glaciers shrink and generate more meltwater, while permafrost — the centuries-old frozen soil that helps hold many mountainsides together — is thawing and degrading. “So you are going to get more landslides, debris flows, glacial meltwater, lake outbursts, glacier collapses, because climate warming ultimately destabilizes these high mountain environments,” Cook said.

Visible evidence from above

Satellite imagery comparing the Trishuli river before and after the disaster illustrates the scale of the transformation. Images taken Aug. 23, just three days before the flood, show a comparatively clear river channel. By Aug. 26, the same stretch of river appears choked with brown sediment spilling out well beyond its normal banks, visual confirmation of the massive volume of debris and water that surged through the valley.

A disaster still unfolding

The human toll from the flood continues to climb as search operations proceed. More than 800 people remain missing across Nepal, according to authorities, with rescue teams working under difficult conditions in the steep, debris-choked terrain to reach survivors and recover victims. Video and helicopter footage from the disaster zone show the scale of destruction wrought by the flash flood as it tore through the Rasuwa district.

A warning for the future

For scientists tracking the health of the Himalayan cryosphere, this week’s disaster serves as the latest and most severe example of a danger they have been documenting for years. With glacier loss accelerating and permafrost destabilizing across the range, researchers say events like the one that struck the Nepal-Tibet border this week are likely to become more frequent rather than less, adding urgency to calls for better monitoring systems, early warning infrastructure and international cooperation to protect vulnerable communities living downstream from the world’s highest and most rapidly changing mountains.

Lupin shares came under pressure on Thursday after global brokerage Citi downgraded the stock to ‘Sell’ from ‘Buy’ and sharply cut its target price to Rs 2,050 from Rs 2,540. The stock fell as much as 1.84% to an intraday low of Rs 2,144.70 following the downgrade.

According to an ET Now report citing a Citi note, the downgrade reflects the brokerage’s concerns over Lupin’s US business, which has been a key driver of the company’s growth and profitability.

Citi expects Lupin’s US base business to lose momentum, with sales projected to decline to around $975 million by FY29. The brokerage also sees pressure on profitability, estimating that margins could fall to around 20% from the current level of nearly 30%. This would weigh on the company’s earnings growth if new high-margin products do not sufficiently offset the decline in existing products.

Citi expects Apixaban to provide some support to Lupin’s earnings in FY28, as the product could contribute meaningfully to the US business. However, the brokerage believes this benefit may be short-lived, limiting its ability to drive sustained earnings growth over the longer term.

Reflecting its more cautious outlook, Citi has also cut its FY27 earnings-per-share (EPS) estimate by 14%. Overall, the brokerage believes weakening momentum in the US base business, potential margin compression and limited sustainability of upcoming product benefits could pose challenges for Lupin’s earnings outlook.

Lupin Share Price and Technical Indicators

Lupin shares have come under pressure recently, with the stock declining around 10% over the past one month. The company currently has a market capitalisation of approximately Rs 98,497 crore, while its 52-week high stands at Rs 2,529.50.
On the technical front, Lupin’s 14-day Relative Strength Index (RSI) is at 29.3. An RSI reading below 30 generally indicates an oversold zone, suggesting the stock has witnessed significant selling pressure and could potentially see a short-term rebound if buying interest returns. However, an oversold reading by itself does not guarantee a reversal.At the same time, the technical trend remains bearish, as Lupin is currently trading below all 8 key Simple Moving Averages (SMAs) being tracked. This indicates that the stock is facing broad-based downward momentum, and investors may look for signs of sustained buying before considering a meaningful trend reversal.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

For decades, ADHD carried an image problem: it was seen as something that happened to fidgety eight-year-olds who couldn’t sit still in class, not to accountants, nurses, or software engineers juggling a mortgage and a career. That picture is rapidly falling apart. A growing number of adults are being diagnosed for the first time well into their thirties, forties, and even fifties, often after years of quietly assuming their struggles with focus, follow-through, and emotional regulation were simply personality flaws.

The delay isn’t a minor inconvenience. It shapes careers, relationships, and self-image in ways that are difficult to undo, even after a diagnosis finally arrives.

Growing Up Undiagnosed

Many adults who are diagnosed later in life were, by all appearances, doing fine as children. They earned decent grades, stayed out of trouble, and didn’t display the hyperactivity that teachers and parents were trained to spot. What they were doing, often invisibly, was compensating. Bright, verbal children can mask inattentiveness for years by relying on memory, structure imposed by others, or sheer effort. The cracks tend to show up later, when school structure disappears and adult life demands independent planning, sustained attention across long projects, and the ability to manage competing priorities without anyone checking in.

By the time these patterns become undeniable, many adults have already internalized years of self-blame. They don’t think “I might have an underlying, treatable condition.” They think “I’m lazy,” “I’m disorganized,” or “I just don’t try hard enough.”

When Focus Struggles Mask Something Deeper

That self-blame often has consequences beyond productivity. Chronic, unaddressed ADHD symptoms wear on a person’s mental health over time, and clinicians increasingly see the two conditions overlapping rather than existing side by side. Some clinical writing on neurodivergence has pointed out that people with ADHD and autism are three to four times more likely to experience clinical depression than the general population, a gap that reflects the ongoing exhaustion of navigating an environment that wasn’t built for how their brain works. A closer look at whether depression is neurodivergent explores this overlap in more depth, examining how depression that resists standard treatment may sometimes be better understood through a neurodevelopmental lens rather than a purely chemical one. For adults with late-diagnosed ADHD, that framing can be validating: the low mood, the fatigue, and the sense of being perpetually behind may not be a separate problem stacked on top of ADHD, but a downstream effect of living with it unrecognized for years.

This is part of why clinicians now recommend that anyone being evaluated for depression, especially depression that hasn’t responded well to typical treatment, also be screened for underlying attention and executive-function differences. Treating the mood symptoms alone, without addressing the root pattern driving them, tends to produce partial and short-lived improvement.

What the National Data Shows

The scale of this issue is larger than most people assume. According to a 2024 CDC analysis published in the Morbidity and Mortality Weekly Report, roughly 6.0 percent of U.S. adults, an estimated 15.5 million people, had a current ADHD diagnosis as of late 2023. Just as notably, more than half of adults living with ADHD were not diagnosed until adulthood, with the gap between childhood and adult diagnosis particularly pronounced among women. That single data point helps explain a pattern many therapists and primary care providers now see routinely: a patient in their thirties or forties, often a woman, arriving for an evaluation of anxiety or depression, and leaving with an ADHD diagnosis that reframes everything else.

Recognizing the Signs in Adulthood

Adult ADHD rarely looks like the hyperactive stereotype. It tends to show up as chronic lateness despite genuine effort to be on time, a graveyard of unfinished projects and open browser tabs, difficulty starting tasks that aren’t urgent or interesting, and a pattern of intense focus on some activities alongside near-total inability to engage with others. Emotionally, it can look like heightened sensitivity to criticism, a short fuse that feels disproportionate to the trigger, and a persistent undercurrent of guilt about not living up to one’s own standards.

None of these traits, taken alone, points clearly to ADHD. Together, and especially when they’ve been present since childhood even if unnamed, they form a pattern worth discussing with a clinician.

Getting an Accurate Diagnosis

A proper evaluation typically involves a detailed developmental history, standardized rating scales, and a conversation about how symptoms show up across different areas of life, not just at work. Because ADHD so often travels alongside anxiety, depression, or both, a thorough clinician will also screen for those conditions rather than treating the most visible symptom in isolation.

For adults who receive a diagnosis later in life, the response is often a strange mix of relief and grief: relief at finally having language for a lifelong experience, and grief over the years spent believing the problem was a personal failing rather than a treatable, well-understood condition. Neither reaction is wrong. Both tend to fade as treatment, whether medication, therapy, coaching, or some combination, starts to close the gap between how hard someone has always worked and how much they’ve had to show for it.

Shares of power capex stocks such as CG Power, GE Vernova, TD Power, Siemens rallied up to 5% after chip giant Nvidia reported a staggering 117% jump in data centre revenue year-on-year at $89 billion in the second quarter, alongside stellar 2028 guidance.

In today’s session, TD Power shares jumped 5% to Rs 765 per share, while GE Vernova TD India gained over 4% to Rs 4,535. CG Power shares rose over 2% to Rs 899 per share, while Siemens also rose over 2% to Rs 4,137 per share. Hitachi India shares rose over 3% to Rs 34,248 per share.

1.) What did Nvidia say about data centres?

Nvidia announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to establish independent compute-financing platforms. The platforms are expected to mobilise more than $500 billion of third-party capital over time for the buildout of AI infrastructure, subject to definitive agreements.

The company also expanded Korea’s AI factory ecosystem through strategic partnerships with SK Telecom, NAVER and Brookfield. The partnerships will support the development of sovereign AI infrastructure at gigawatt scale on the NVIDIA DSX platform, as part of a broader Nvidia-powered national AI push across Korea’s industries and research institutions.

AI data centres need enormous amounts of electricity and the equipment required to transmit, convert and manage that power. So, when Nvidia signals that hyperscalers, AI labs and other customers are continuing to spend heavily on AI infrastructure, investors extrapolate that demand into the power-equipment supply chain.

2.) US bans Chinese power equipment manufacturers

US President Donald Trump on Wednesday signed an executive order declaring a national emergency over foreign-made equipment used in the U.S. electricity grid and banning the use of certain such equipment, the White House said.
The order points to what the White House called an “unusual and extraordinary foreign threat” from foreign-made bulk-power systems that could create national security vulnerabilities.The move is the latest step by Washington to address technology threats it associates with China. It follows a decision by the European Commission earlier this year to prohibit Chinese-made inverters from publicly funded energy projects.

Under Trump’s order, certain foreign-produced bulk-power system equipment will be prohibited from being purchased or installed in the United States. The ban also covers associated critical software and digital capabilities that could create cybersecurity or operational risks, according to the White House.

The order further directs the U.S. Energy Secretary to set conditions for the continued use and operation of such equipment in order to address concerns identified by the Trump administration, the White House said.

Nvidia Q2 results

Nvidia shares jumped 5% in extended trading on Wednesday after the world’s most valuable company reported second-quarter fiscal 2027 results that came in ahead of analyst expectations. The stock got another boost after management indicated that growth could double in the next fiscal year.

Nvidia’s revenue more than doubled from a year earlier to $96.22 billion, beating the $92.17 billion estimate. Earnings per share came in at $2.22, compared with analyst expectations of $2.10.

Nvidia is betting that the artificial intelligence boom is far from over. The chipmaker on Wednesday forecast a 70% jump in revenue next fiscal year, pointing to continued demand for AI computing even as shortages of memory components threaten to constrain how quickly it can expand.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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