Apple AI hype, jobs report, US manufacturing: Catalysts
Catalysts Host Seana Smith takes a look at the headlines moving the market with top Wall Street and economics experts.
After Apple (AAPL) reported quarterly results that beat estimates, Maxim Group managing director and senior consumer internet analyst Tom Forte outlines how the iPhone makers' delayed Apple Intelligence launch is a "real risk" to the upgrade cycle.
The US economy added 12,000 jobs in October, significantly lower than the 100,000 jobs expected, as Hurricanes Milton and Helene and ongoing labor strikes distorted the data. PGIM Fixed Income chief economist Tom Porcelli examines the implications of the economic data for the equity market (^DJI, ^IXIC, ^GSPC) and bond market yields (^TYX, ^TNX, ^FVX).
Gen Digital stock reached a 52-week high after the cybersecurity company's quarterly results. Gen Digital CEO Vincent Pilette discusses the results and how the company works to protect consumers as the election and artificial intelligence (AI) heighten scam risks.
Wayfair (W) and Coinbase Global (COIN) were among the stocks on Yahoo Finance's trending ticker platform.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Naomi Buchanan.