TSLA Nov 2024 160.000 put

Apple's WWDC, May CPI, Fed decision: What to watch

Yahoo Finance's Julie Hyman breaks down what investors should watch next week. Apple (AAPL) will be hosting its Worldwide Developer Conference (WWDC), where investors will get a first look at the tech giant's AI strategy. On Monday, Nvidia (NVDA) shares will start trading on a split-adjusted basis. The company completed a 10-for-1 stock split on Friday after the close. On Wednesday, the Federal Reserve will announce its next monetary policy decision. While no rate cuts are expected, an updated dot plot will be released. In addition, May's Consumer Price Index (CPI) will be released ahead of the Fed decision. Major tech earnings are expected, including those of companies like Oracle (ORCL), Broadcom (AVGO), and Adobe (ADBE). Finally, on Thursday, Tesla (TSLA) shareholders will vote on CEO Elon Musk's compensation package. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl