Apple has just released the latest version of Final Cut Pro -- including professional grading tools such as color wheels and color curves, plus support for high dynamic range (HDR) workflows (Rec. 2020 HLG and Rec. 2020 PQ) including scopes and monitoring.
360°/VR projects can also be processed in FCP 10.4, mono and stereoscopic, even in resolutions higher than 8K. Previewing in VR Headsets is possible as well as creating titles, applying effects and so on. Furthermore, support for HEVC / H. 265 and Canon Cinema RAW Light is new, and mobile iMovie projects created on iOS can be imported and edited. A new Custom LUT effect makes it easy to apply 3D LUTs to clips in the timeline.