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Good Tuesday Morning im Carl Quintanilla with jon fortt and Julia Boorstin apple is going to be the story of the hour. Their new event is just hours away expected to unveil the latest edition of the iphone, jon likely story of the week in my book. Thats where well start this morning. Joanna stern off the wall street journal joins us product reviewer extraordinary air. Its been a long time since we had an iphone event that wasnt focused primarily on camera and screen quality, i would argue. Maybe back to the iphone 10 where we got face id but this time it might be 5g taking center stage, right supposed to be it speed, speed, speed. That was the tease in the invite last week from apple i think its going to be in 5g, certainly. Processors, processors, processors every year. And i think also we hear a lot of speed in charging this morning it was a i believe it was last night, a Wireless Charging grid that will clip to the back of the new iphones magnetically clip. Should be able to charge
ChinaSwedenPortugalBlackrockNova-scotiaCanadaNew-jerseyUnited-statesCarl-quintanillaJay-hoagJosh-brownJosh-liptonYou had one set of facts that you wanted to stick to, even as that narrative has changed for the worse or for the better. Yesterday the facts changed for American Express and the stock roared 9 higher today, helping to prop up the Dow Jones Industrial average. Dow ultimately dippingc 40 points. S p declining 0. 14 , nasdaq slipping 0. 09 . Ill have more to say about the debates impact on the market later in the show. For now, i want to talk about how stock picking is the opposite of politics. If you change your mind in politics, you get eviscerated. But if you dont periodically change your mind in the stock market, your fort folio gets eviscerated. Im hardly the person to point out this need for flexibility. Keynes asked why he flipflopped on a issue allegedly responded, when the facts change, i change my mind. What do you do, sir . I say allegedly because the story is aprosthetic riffle. American express had been a serial guide downer, almost every quarter produced a disappointment.
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