S&P 500, fast food AI, Apple WWDC: Asking for a Trend

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Apple News

Worldwide Developers Conference,Josh Lipton

It's been an eventful day at the start of Apple's (AAPL) Worldwide Developers Conference (WWDC), where the iPhone maker showcased its Apple Intelligence AI...

rounds the day out on Asking for a Trend, where he looks back at some of the biggest market takeaways from Monday's session.joins the program to talk about the automation and AI tools the company is testing and plans to implement at its Taco Bell, Pizza Hut, and KFC locations.We're breaking down the trends today that are motos tomorrow.So we're focusing on what you need to know to get ahead of the curve.

We start here with Apple highlighting, anticipated A I announcements which included a partnership with open A I failed to blow away investors today. And so I am not betting on any of these software companies or device companies, even Apple, but I stick with the infrastructure builders that I can count on.

I'll throw in some, some shiny new A I features, I'll give them a faster processor, a better camera, the usual Paul and that'll be enough. WWC Josh, it's not, you know, it is not typically an event investors look to it like, ok, this is, this is an event that pops the stock.And the other thing that I think sort of fits into this, our second takeaway just pleasing investors with A I has been a little bit harder this year.It's our mag seven companies minus Tesla and then companies without a trillion dollar market cap.

We'll talk with young brands, Chief Digital Technology Officer about the latest investments that is next on asking for a drink, the S and P 500 performance in recent years striking a resemblance to the early two thousands.Well, this comes to us courtesy of Laurie Casino over at R BC head strategist there and basically what she's mapped is overlaying different time periods for the S and P 500.

So the resemblance has sort of diverged from that period to have even more out performance now versus that sort of reckoning period of following that tech bubble bursting.Um But when it comes to what's gonna happen next, she doesn't necessarily, Josh thinks that there's more upside here.Laurie think, you know, looking at the charts.Well, her fair value estimate for the S and P 500 is actually 5300.And in the same note, she looks at sort of different scenarios for the Federal Reserve.

It is good to see you and you know, Joe, it's a perfect time to have you on the show because we've got A I on the brain.He's talking about Apple's new A I strategy and vision and A I features how Joe let's start there kind of high level.So at ya, we're ingraining technology into all parts of our business and we wanna make sure that we have easy experiences for our customers, our team members while driving profitable growth for Y AM and our franchisees.

 

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