CNBC's "Fast Money" Two Big Tech Moves That Caught Our Eye This Week, and Gilead Gets on the GLP-1 Train 6/14/24
Jun 14, 2024
Apple and Netflix soar to record highs, Gilead gains on obesity pill news. Market analysis of big tech companies and impact of AI on Apple. Comparing Walmart and Target performance. Boeing's challenges in aviation industry. Gilead's new GLP-1 drug entry into weight loss market.
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Episode notes
Invest in Apple and Netflix
- Consider investing in Apple and Netflix as they are demonstrating strong performance.
- These stocks are seen as defensive and could be beneficial in various market conditions.
iPhone Refresh Cycle and AI
- The upcoming iPhone refresh cycle, driven by AI features, is expected to be significant.
- This will likely attract upgrades from users of older iPhones and potentially draw customers from competitors like Samsung.
Tech Stocks and Market Performance
- Tech stocks like Apple and Nvidia are performing well due to their perceived safety and inclusion in many ETFs.
- Their strong balance sheets and profitability make them attractive in various market scenarios.