By fears about a worsening us economy and all eyes will now turn towards Apples Headquarters in california in the next few hours of the most valuable company in the world will be launching its latest generation of ai ready iphones and optimism about the profits to be made from Artificial Intelligence have been driving us markets to record highs this year. Apple hopes its Ai Offering will persuade people around the world to upgrade their phones as Tech Analyst Paul Armstrong told us earlier. Its the big News Everyone is interested in. They have teased it in the last update they did. Apple intelligence is essentially the new Ai System that will be baked into every iphone. It draws on use personal contents, things like the photos on their E Mail and its obviously not without its Privacy Issues but apple is very good at that and its very good at saying how it protects consumers. So again this ai play could actually be very good. The worry is that a lot of people are saying publicly and Beh
I think the stock market particularly tech stocks have gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you re expecting there? we are looking at gradual 25 basis point looking at the inflation which has shown signals of disinflation. It s possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer much needed stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum than they have gotten already, and i think it s looking at the forward trajectory and what stock markets need is a fine balance between that stimulus and an economy that doesn t look too soft and continues to draw positive earnings going forwards. If we stay with japan, there been encouraging signs coming out from there, and what s the main thing to understand about japan s economic growth?
Im Arlette Saenz at the white house. And this is cnn cnns, Breaking News i knew are in the cnn newsroom. Im wolf blitzer in washington. This morning. Were following all the reparations from the monumental ruling in the criminal case against donald trump In Georgia The Judge has just ruled Fulton County District Attorney, fani willis, can continue Prosecuting Trump and his allies in the Georgia Election subversion case. But she may only stay only state if the special prosecutor, nathan wade, who had a relationship with willis is removed, if willis and her team had been disclosed hello, fight, it would almost certainly have delayed a trial until after the president ial election in november. That is something trump desperately wanted in all of this. And as other legal cases as well, cnns Nick Valencia is just outside the Fulton County courthouse for acidic. Can you walk us through this mornings historic ruling . Wolf . It was historic, Monumental Decision Fani Willis getting a technical w
by the federal chair. fed chair based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at three rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david russell at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. in other news, now to other stories making headlines. b
if you look at the headline numbers. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, monetisation and capital expense. they look at monetisation, for example, across the board, we are seeing cloud revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for and i we still think is intact. we think that any excess correction in as a buying opportunity. what is the implication buying opportunity. what is the implication of buying opportunity. what is the implication of these buying opportunity. what is the implication of these big - buying opportunity. what is the implication of these big tech i implication of these big tech compan