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.
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This post was written by Melanie Riehl
Video Transcript
Time now for what to watch.
Next week.
On Monday, all eyes will be on Apple, the tech giant hosting its worldwide developers conference where investors and consumers will get the first look at Apple’s A I strategy.
The company is expected to lay out details as it lags behind the competition in the A I space.
Also on Monday, in video shares will start trading on a split adjusted basis.
The company completing a 10 for one stock split Friday.
After the meantime, the economy will be in focus on Wednesday, in particular, the Federal Reserve decision is coming and while no rate cut is expected, we will be getting an updated that plot that JP will hold a news conference at 2:30 p.m. Eastern.
But ahead of the fed decision will get CP I print for May the economy forecasting core CP I the consumer price index to come in at 0.3% on the earnings front tech and focus with Oracle Broadcom and A do be all on deck.
And finally, the fate of Elon Musk’s $56 billion pay packets will be decided.
Shareholders will vote on the controversial plan at Thursday’s shareholder meeting.
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