iPhone 17e Teased, Rocket Fuel Startup, & Dow Hits 50K!

Apple is reportedly preparing to launch the iPhone 17e, featuring an upgraded A19 chip and MagSafe, approximately one year after the release of the iPhone 16e, according to The Verge. Simultaneously, updated versions of the iPad and iPad Air are expected to be released.

Meanwhile, in the financial world, U.S. stock futures indicated a positive trend on Sunday, with the Dow Jones industrial average poised for another record session, as reported by Fortune. Futures tied to the Dow Jones industrial average rose 100 points, or 0.20%, while S&P 500 futures were up 0.35% and Nasdaq futures jumped 0.64%. This followed a significant surge on Friday, where the Dow soared by 1,200 points, surpassing 50,000 for the first time. The bond market was also reacting to the results of Japan's snap election over the weekend. The yield on the 10-year Treasury rose 1.8 basis points to 4.224 as Japanese yields climbed by 4 basis points to 2.274. The U.S. dollar was down 0.24 against the yen after initially gaining.

In other news, Singapore-based ST Engineering debuted the AirFish, a ten-seater craft designed to glide a few meters above the water, at the Singapore Airshow on February 3, as reported by Fortune. The AirFish utilizes the ground effect, achieving speeds of up to 100 knots (116 miles per hour). "The AirFish caters to travelers who want point-to-point speed," explained Leon Tan, vice president of ST Engineering AirX.

In the realm of medical advancements, an external, artificial-lung system kept a patient alive for 48 hours until a transplant, according to Nature News.

The news cycle also included discussions about long-term space programs, with the idea of utilizing ice found on the moon and Mars for rocket fuel being a topic of interest, as highlighted by Wired.