Apple Foldable iPhone Debuts Tomorrow, Ternus Takes Over

Apple event Wed Sep 9 debuts the foldable iPhone under new CEO John Ternus. OpenAI and Anthropic bankers chase investment-grade ratings before their IPOs.

TLDR

• Apple event Wednesday Sept 9 at 10:30 PM IST is the first keynote under new CEO John Ternus. Foldable iPhone debut expected, alongside iPhone 18 Pro and Pro Max, new Apple Watches, new AirPods, and the broader Siri AI rollout.
• Tim Cook stepped down September 1 and is now executive chairman. He will not appear on the launch video.
• OpenAI and Anthropic bankers are in fresh talks with rating agencies for investment-grade credit ratings ahead of planned IPOs, per FT.
• Intel plans a third round of PC CPU price hikes effective October 5, roughly 10 percent, per DIGITIMES supply-chain sources.
• KOSPI closed +4.61 percent Monday at 6,995.39 with SK Hynix +8.26 percent. Nikkei 225 rose 2.12 percent to 66,399.84. US markets were closed Monday for Labor Day.

Market Regime

Wall Street heads into a foldable-iPhone reveal after closing lower Friday, with the S&P 500 down 0.38 percent, the Nasdaq down 0.29 percent, and the Dow down 0.51 percent. VIX rose 4.40 percent to 15.17 into the long weekend, and gold slipped 1.39 percent to $4,476.60. Crude sits near $91.48 with Iran headlines still in the mix. Positioning into the Apple keynote is heavier than a typical print, with Citi modeling 7.3 million foldable iPhone units at a $2,000 price point and BofA framing the event as Ternus’s chance to cement Apple’s device dominance in the AI era.

Behind the marquee catalyst, the AI infrastructure trade keeps compounding. OpenAI and Anthropic bankers pushed rating agencies for investment-grade credit last week, seeking access to the roughly $11.7 trillion corporate bond market. NVIDIA’s $105 billion credit support for the OpenAI Ohio data center can be terminated once OpenAI hits a rating threshold. In parallel, Intel is running a margin-over-volume playbook, planning a third CPU price hike since late 2025 and reviewing its low-margin Small Core lineup for possible discontinuation.

Bullish Factors

• Apple event debuts foldable iPhone and Siri AI as Ternus’s first keynote, with iPhone 18 Pro, Pro Max, possibly Ultra, alongside new Apple Watches and AirPods.
• KOSPI hit 6,995.39 on Monday, up 4.61 percent, with SK Hynix +8.26 percent and Samsung +5.68 percent leading a memory-cycle rip while US traders were on holiday.
• Nikkei 225 closed +2.12 percent at 66,399.84 with SoftBank +11.22 percent, Kioxia +9.3 percent, and Advantest +4.2 percent riding OpenAI new-model optimism.
• Polymarket flags US data centers set to triple by 2030 as tech companies prepare for a projected $7 trillion spending buildout, keeping NVDA, AMD, DELL, and the DRAM index bid.
• Anthropic and OpenAI pushing for investment-grade ratings signals a maturing capital-markets footprint, which reads directly to the CoinDCX Pre-IPO Perp on Anthropic ahead of a late-September roadshow window.

Bearish Factors

• VIX rose 4.40 percent Friday to 15.17, a sign traders are paying up for hedges into the Apple keynote.
• Intel considering another 5 to 10 percent workforce reduction on top of a third CPU price hike points to margin pressure, not demand strength. Global PC shipments are expected to slip to around 250 million units in 2027 from around 260 million in 2026.
• Middle-East risk stays live with crude near $91.48 and Iran headlines still capable of moving oil and risk assets.
• Rating analysts still label OpenAI and Anthropic as speculative-grade borrowers, so the investment-grade push is a target rather than a confirmation.

Asian Markets This Morning

Japan’s Nikkei 225 closed 2.12 percent higher at 66,399.84 on Monday, with SoftBank +11.22 percent, Kioxia +9.3 percent, Advantest +4.2 percent, and Ibiden +8.4 percent leading. Optimism around a new OpenAI model powered the tech bid, and traders continued pricing a Bank of Japan rate hike as July wages printed at the fastest pace since 1997.

South Korea’s KOSPI added 4.61 percent to close at 6,995.39, with SK Hynix +8.26 percent and Samsung +5.68 percent driving the memory-cycle continuation. Hong Kong’s Hang Seng traded down 0.85 percent late Monday, and Australia’s S&P/ASX 200 finished marginally higher at 9,010.90. China’s CSI 300 closed +0.59 percent at 4,575.02.

What Moved Wall Street Today

Wall Street closed lower on Friday September 4, the last regular US session before Labor Day. The S&P 500 fell 0.38 percent to 7,718.60, the Nasdaq slipped 0.29 percent to 26,506.99, and the Dow dropped 0.51 percent to 53,414.25. The Russell 2000 finished slightly higher at 2,975.65. VIX jumped 4.40 percent to 15.17 as traders positioned ahead of the Apple keynote and the long weekend.

Apple itself fell 2.51 percent Friday to $319.97, weighed by concern that Ternus’s debut will be measured against high expectations already priced in. Intel gained 4.51 percent to $95.80 heading into the weekend, before the DIGITIMES CPU price-hike report crossed the wires Monday during the holiday. Gold slipped 1.39 percent to $4,476.60, and crude ticked up 0.20 percent to $91.48.

Assets in Focus

AAPL

Apple’s foldable iPhone debut Wednesday September 9 at Apple Park is the year’s most consequential product event for the company. New CEO John Ternus, who succeeded Tim Cook on September 1 through a long-planned board succession, will host his first keynote alone. The event tagline “Surprise and Shine” hints at a reveal-heavy program covering iPhone 18 Pro and Pro Max, a possible iPhone Ultra, new Apple Watches, new AirPods, and the broader rollout of Siri AI. Citi models 7.3 million foldable iPhone units at $2,000, and BofA sees the keynote as Ternus’s opportunity to cement Apple’s device dominance in the AI era. AAPL closed Friday at $319.97, down 2.51 percent, with the 52-week range spanning $225.95 to $344.57.

INTC

Intel is planning its third PC CPU price hike since late 2025, effective October 5, per DIGITIMES supply-chain sources citing a roughly 10 percent increase. The first round hit in Q1 2026 at about 10 percent, followed by a July move covering select consumer and server CPUs. CEO Lip-Bu Tan is also reviewing the low-margin Small Core lineup for possible End of Life, which would open industrial-PC and IoT share to Qualcomm and MediaTek. Reports indicate another 5 to 10 percent workforce cut is on the table, with headcount currently around 75,000. INTC closed Friday at $95.80, up 4.51 percent, and is still up 289 percent over the past year and 159 percent year to date.

NVDA

NVIDIA sits at the center of two of today’s biggest AI infrastructure threads. The company provides roughly $105 billion in credit support for OpenAI’s Ohio data center campus, which can be terminated once OpenAI clears an investment-grade rating threshold. Separately, US data centers are set to triple by 2030 as tech companies prepare for a projected $7 trillion spending run, with NVIDIA remaining the primary chip supplier for the buildout. AWS confirmed 2 million additional Blackwell Ultra, Rubin, and Rubin Ultra GPUs over 2027 and 2028 during the August NVIDIA earnings print.

Anthropic and OpenAI (CoinDCX Pre-IPO angle)

Bankers for Anthropic and OpenAI are in fresh talks with rating agencies for investment-grade credit ratings following planned IPOs, per FT. Morgan Stanley and Goldman Sachs are running the process for both labs. Anthropic filed a confidential S-1 in June, with a late-September roadshow and a possible late-Sept or early-October listing. Anthropic was last valued at $965 billion, OpenAI at $852 billion, and both remain cash-flow negative. Investment-grade would unlock the roughly $11.7 trillion corporate bond market for future debt raises. The Anthropic Pre-IPO Perp on CoinDCX Global Futures gives Indian retail traders direct exposure to this catalyst chain ahead of the potential September listing.

DRAM Index

The memory supercycle picked up steam Monday with SK Hynix +8.26 percent, Samsung +5.68 percent, and Kioxia +9.3 percent all leading Asian tech. NVIDIA CFO Colette Kress flagged during the August earnings call that memory scarcity is being driven in large part by the AI buildout itself, and the foldable iPhone launch adds a new consumer-end memory-load vector. The DRAM index remains the tradable memory-cycle proxy on CoinDCX Global Futures.

Index Levels to Watch

For the S&P 500, Friday’s close at 7,718.60 sits within striking distance of psychological support at 7,700, with recent resistance near 7,750. The Nasdaq closed at 26,506.99, with 26,400 as the near-term reference below and 26,700 above. Apple’s own tape shows $317.86 as Friday’s intraday low and $328.93 as Friday’s high, framing the immediate range into tomorrow’s event. On Intel, the $92 (Mizuho price target) to $100 (psychological) band brackets the reaction range following the October price-hike headline.

Disclaimer

The content in this article is for informational purposes only and should not be construed as investment advice. Trading in financial markets involves risk, including the potential loss of principal. Please conduct your own research or consult a qualified financial advisor before making trading decisions. CoinDCX does not endorse or recommend any specific trading strategy.

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