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67,224.09 -2,036.58 (-2.94%) CMC Crypto 200
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AAPL Mar 2025 60.000 put
- Yahoo Finance Video
Apple Intelligence, Elon Musk, Fed meeting: 3 Things
Investors are still digesting Apple's (AAPL) "Apple Intelligence" showcase — an array of new AI features and use cases for the next generation of Apple products — at the 2024 Worldwide Developers Conference (WWDC). Elon Musk took to X to express his concerns about Apple using OpenAI, threatening to ban Apple products if OpenAI's models are fully integrated into devices' operating systems. Federal Reserve officials convene for the June FOMC meeting as investors are closely inspecting the Fed's "dot plot" to figure out how many interest rate cuts are still likely and possible in 2024. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Can Nvidia outpace Apple in AI race?
Nvidia (NVDA) has been dominating the tech AI world, but concerns have arisen about whether the semiconductor giant can sustain this momentum. CFRA Research senior equity analyst Angelo Zino and Neuberger Berman senior research analyst Dan Flax join Market Domination to discuss if Nvidia can maintain its lead over Apple (AAPL). Zino believes Nvidia will continue to be "the main driver in AI monetization" for the next few years. He also foresees a "broadening in the customer market" within the cloud, saying he "remains very excited" about the company, noting it will outperform Apple within the next year. Flax shared a similar sentiment, stating, "We can continue to own both names," but adding, "for new money, I would have a little bit of a preference for Nvidia here, given the stronger growth over the next twelve to twenty-four months." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
- Yahoo Finance Video
Apple WWDC, AI, stock confidence: Trading Takeaways
The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) both recorded new record highs at Monday's market close, getting a good start to an eventful week: the Federal Reserve's June FOMC meeting is adjourning and May's CPI (Consumer Price Index) print will be released on Wednesday, June 12. Yahoo Finance Markets Reporter Josh Schafer comes on Asking for a Trend to break down the biggest market themes from the trading day, including Apple's (AAPL) headlining unveil of its "Apple Intelligence" initiative at its Worldwide Developers Conference (WWDC). For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Luke Carberry Mogan.
