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“I have to say, they fell short a little bit, right? It was a bit disappointing.” – 01:15
Gabriela Berrospi, CEO & Founder of Latino Wall Street, joins Remy Blaire at the New York Stock Exchange to discuss the Apple’s recent event, where the tech giant unveiled the highly anticipated iPhone 17 and introduced a new addition to its lineup, the iPhone Air. With Apple forecasting sales of around 80 million units in the latter half of the year, we explore the implications of these launches amidst ongoing discussions about the company’s push into artificial intelligence (AI).
Gabriela shares her thoughts on the event, expressing that while expectations were high for groundbreaking innovations, the announcements fell somewhat short. She highlights the new AirPods Pro with live translation features as a standout product, noting its potential impact, especially within bilingual communities.
As we transition to the financial landscape, we discuss the upcoming Federal Reserve meeting and the implications of recent economic data, including a surprisingly low producer price index. Gabriela provides her insights on the labor market’s current state, emphasizing the rising unemployment rates and the uncertainty surrounding economic forecasts. We analyze the potential outcomes of the Fed’s rate decision, weighing the likelihood of a 25 basis point cut against a more aggressive 50 basis point cut, and the potential market reactions to either scenario.