Over the past 24 hours, Bitcoin gained 4.6%, and Ethereum rose 6%. Among major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano gained up to 6.2%.

Riya Sehgal Research Analyst Delta Exchange said the rebound reflects improving risk sentiment and positioning. Cooling oil prices have eased inflation concerns. The rally also forced bearish leverage out of the market, accelerating the move through short liquidations.Also Read |Explained: When should mutual fund investors use CAGR, XIRR or IRR to calculate returns?

Sehgal further said the focus now shifts to whether the breakout can hold. Bitcoin remaining above $80,000 and Ether holding 2,580–2,600 would preserve the near-term structure.

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The global crypto market capitalisation was up 4.1% to $2.86 trillion on Saturday, according to the data on Coingecko.
Over the last week, Bitcoin and Ethereum gained 4.9% and 4.6%, respectively. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin and Cardano gained up to 18.4%, while Tron declined 1.18%.Nischal Shetty, founder of WazirX, said ETF activity reversed during the week. Bitcoin ETFs moved from daily inflows of $159.9 million to outflows of $450.33 million and $295.98 million. Ethereum ETFs shifted from a $121 million inflow to outflows of $141 million and $224.11 million.

Also Read |Only 2 of 23 mutual fund themes gained in August; IPO, defence stay green as auto, railways and tech slide : Report

Shetty further said BTC and ETH remained relatively stable as spot demand and derivatives positioning absorbed part of the selling. Overall, recovering US and Asian equities, falling volatility and softer commodities supported crypto sentiment, although elevated rates, regulatory uncertainty and expensive oil kept the weekly outlook balanced.

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

NEW YORK — Apple’s newest iPhone lineup officially went on sale Friday, drawing crowds of customers at stores around the world for the first major product launch under new Chief Executive Officer John Ternus.

The iPhone 18 Pro and Pro Max, unveiled the previous week at Apple’s annual product event alongside the company’s first foldable device, the iPhone Duo, feature a redesigned camera system built around a DSLR-like variable aperture, a change Apple says improves performance in low-light environments and allows for enhanced depth-of-field control in photos. The iPhone 18 Pro starts at $1,199, while the larger iPhone 18 Pro Max starts at $1,299, with both models also available through Apple’s lease-based Upgrade program for customers who prefer to spread the cost over monthly payments.

Beyond the camera upgrades, Apple introduced a new authentication feature aimed at addressing growing concerns about AI-manipulated images. The company said the new iPhone 18 lineup can detect AI-generated photos by automatically creating an unalterable Reference Image that remains attached to any edited version of a photo, giving users and viewers a way to verify whether an image has been artificially altered from its original form.

Ternus, who succeeded Tim Cook as Apple’s chief executive officer earlier this month, marked the launch by visiting the company’s flagship retail store on Fifth Avenue in New York City on Friday. He spent time posing for photos and signing autographs for customers both inside and outside the Midtown Manhattan location, a visit that came just over a week after Ternus presided over his first product launch event as CEO.

The iPhone 18 lineup also marks the public debut of Apple’s long-awaited overhaul of Siri, the company’s voice assistant, now branded Siri AI and powered by Apple Intelligence. Apple first announced the redesigned assistant in June but delayed its release until this launch to ensure the technology met the company’s standards before shipping to customers, according to Apple. Notably, Siri AI runs on underlying artificial intelligence models developed by Google, specifically Google’s Gemini model family, reflecting a partnership between the two companies to power the new assistant’s more advanced conversational capabilities.

With Siri AI now live on the new devices, users gain the ability to pull relevant information directly from their messages, photos, emails and other apps in response to natural-language requests. The updated assistant also allows users to draft messages and emails, edit photos through conversational commands, and revisit past conversations they’ve had with Siri, functionality aimed at making the assistant feel more like a persistent, context-aware helper rather than a tool limited to simple, isolated commands.

Crowds gathered at Apple retail locations around the world as the new devices went on sale Friday, with lines forming outside stores in markets including London, where customers queued outside the Apple store on Regent Street, and in New Jersey, where shoppers lined up outside the Apple Store at the Menlo Park Mall in Edison. Apple has typically treated iPhone launch day as a significant marketing moment, with in-store crowds and long lines serving as a visible signal of sustained consumer demand for the company’s flagship product line, even as the broader smartphone market has matured considerably since the iPhone’s original 2007 debut.

This year’s launch carries added significance given the leadership transition at Apple’s top ranks. Ternus, who previously led Apple’s hardware engineering organization for years before being named CEO, used both the initial product unveiling event and Friday’s launch day store visit to establish his own public presence at the helm of the company, following Cook’s move into the role of executive chairman. The successful rollout of a major iPhone generation, alongside the debut of Apple’s first foldable device, represents an early and closely watched test of how Apple’s product strategy and execution will be shaped under its new chief executive.

The iPhone 18 Pro lineup’s redesigned camera system and expanded AI capabilities arrive as Apple continues working to keep pace with rivals in the broader smartphone market, many of which have moved aggressively to integrate generative AI features into their own flagship devices over the past two years. Apple’s decision to power Siri AI using Google’s Gemini models, rather than relying exclusively on its own in-house AI development, reflects the company’s broader strategy of pairing its hardware design strengths with external AI partnerships where doing so allows it to deliver more capable features to consumers more quickly.

With the iPhone 18 Pro and Pro Max now available for purchase globally, alongside the company’s new foldable iPhone Duo, attention is likely to turn toward how strongly the new lineup performs commercially over its opening weekend and into the crucial holiday shopping season, a period that has traditionally represented one of Apple’s most significant windows for iPhone sales each year. Early crowds at flagship stores in New York, London and elsewhere on Friday offered at least an initial visual signal of consumer enthusiasm heading into that broader sales period, even as the company’s full commercial results for the new devices are not expected to be reported until Apple’s next quarterly earnings disclosure.

Google’s Gemini artificial intelligence accessed the protected systems of three real companies while undergoing a cybersecurity test, including one instance in which the model repeatedly guessed passwords until it gained access.

According to The Wall Street Journal, the incidents took place in May and mark the first known examples of Google’s AI autonomously accessing real companies’ systems during this type of evaluation. Google confirmed the incidents to the outlet.

The disclosure comes amid heightened scrutiny surrounding AI as some industry leaders continue to raise concerns about the potential risks posed by increasingly advanced models.

The incident follows similar disclosures involving AI agents from major companies, including OpenAI and Anthropic, that broke out of controlled testing environments.

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Google’s Gemini artificial intelligence accessed protected systems belonging to three real companies while undergoing a cybersecurity evaluation, according to The Wall Street Journal. (Getty Images / Getty Images)

The newly identified Gemini incidents took place during a test run by Irregular, a company that was also involved in evaluating AI models connected to similar incidents, the WSJ reported.

The AI had been instructed to attack a fictional company inside a controlled testing environment, but internet access was unintentionally available and the fictional company happened to share its name with a real business, according to Google and Irregular.

In a statement to FOX Business, Google emphasized that the model stopped in all three instances and said changes have since been made to the testing process.

“Safe development of powerful AI models is critical and we invest deeply in this area,” Heather Adkins, Google’s vice president of security engineering, told FOX Business.

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A smartphone screen displays a folder containing AI applications Claude, ChatGPT, Gemini, Perplexity, Grok, Copilot, and DeepSeek.  (Samuel Boivin/NurPhoto via Getty Images / Getty Images)

“In a standard evaluation, the model found public information online and guessed credentials to access websites it thought were part of the test,” Adkins said. “In all three of these instances, the model stopped.”

In one case, the model “guessed passwords until it gained access to a protected system,” according to the report.

In the other two cases, the model found credentials in public online repositories that allowed it to access protected systems. In each case, Gemini ended the intrusion after determining that it had accessed a real company’s systems, Google said.

Irregular notified Google about the incidents at the end of July, according to both companies, after the discovery that OpenAI agents had accessed systems belonging to AI software company Hugging Face.

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Google confirmed that its Gemini AI accessed three real companies’ systems after internet access was unintentionally available during a cybersecurity test. (CFOTO/Future Publishing via Getty Images / Getty Images)

Google said that in all three cases, Gemini stopped after realizing it had reached an actual company rather than the fictional target.

No harm was caused to the companies, according to Google, which said all three were notified. The company did not identify the businesses involved.

Irregular said the model was not meant to have internet access, but access was unintentionally made available, according to the WSJ.

Google did not disclose which Gemini model was involved.

The report comes after OpenAI released information this week about six instances in which it said its models engaged in misaligned behavior.

OpenAI said it found examples of its AI models creating self-generated instructions, concealing mistakes in task summaries, fabricating information using exposed API keys, uploading files to the internet in order to cite them and engaging in unsanctioned communication and collaboration between agents.

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FOX Business has reached out to Irregular for comment.

FOX Business’ Anders Hagstrom contributed to this report.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in PPLT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.