NIKKEI 225
38,490.17 -347.29 (-0.89%) HANG SENG
18,424.96 -19.15 (-0.10%) CRUDE OIL
74.42 +0.35 (+0.47%) GOLD FUTURES
2,375.10 -0.40 (-0.02%) DOW
38,807.33 +96.04 (+0.25%) Bitcoin GBP
55,623.20 +481.03 (+0.87%)
AAPL Nov 2024 160.000 put
- Yahoo Finance Video
ADP jobs data, Apple's WWDC: Wealth!
On Wednesday's episode of Wealth!, host Brad Smith delves into the latest ADP employment data, investment strategies, the world of AI, and more. The show kicks off with an analysis of the ADP Employment Report, which fell short of expectations. Brad breaks down the report's details, explaining what it measures and its significance in gauging the overall health of the economy. To provide further insights, ADP Chief Economist Nela Richardson shares her perspective on what the report reveals about the current state of the economy. The focus then shifts to oil prices (CL=F, BZ=F), which saw declines following OPEC+'s decision to extend production cuts. VettaFi's Head of Research Todd Rosenbluth shares his expertise on investing in exchange-traded funds (ETFs) as a means of navigating the volatility in the commodity market. Looking ahead, the episode explores the highly anticipated Apple (AAPL) Worldwide Developers Conference (WWDC) beginning on June 10. Yahoo Finance's Dan Howley joins the show to discuss the expectations surrounding the conference, particularly in terms of innovation and new AI offerings. This post was written by Angel Smith.
- Yahoo Finance
Why Arm chips pose a threat to Intel and AMD’s PC dominance
Arm-based chips are coming to Windows PCs, and they pose a series threat to Intel and AMD's dominance.
- Yahoo Finance Video
It's time to focus on AI's 'practical implications': Strategist
The ADP National Employment Report saw private payroll growth slow in May, signaling a cooling labor market. State Street Global Advisors Chief Investment Strategist Michael Arone joins Morning Brief to break down what's driving the market (^DJI,^GSPC, ^IXIC) amid sticky inflation. Arone points to tech earnings as a major market catalyst while the economy cools. He believes that the momentum fueled by the AI boom can continue, calling semiconductors "the key ingredient to the global economy." Arone explains that if the economy gets the soft landing envisioned by the Fed, the market will broaden out with greater participation in tech. While the AI race shows no signs of slowing anytime soon, Arone warns, "I think that we really need to move from possibilities of AI to the practical implications of AI." He believes Apple (AAPL) will be key to that equation, as it is relatively late to the AI game, yet looking to adopt the technology and get it on the market as soon as possible. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
