The hosts discuss the performance and outlook of Apple shares, including the recent rating cut by Barclays and the bearish view on iPhone demand. They also highlight the growth of the Chinese market and the underestimated install base in Asia. Despite concerns, they express optimism about Apple's future and its potential to become a $4 trillion market cap company.
Allison Schrager, Senior Fellow at the Manhattan Institute, explains why the trade-off between bringing down inflation and harming growth will come back with a vengeance for the economy. Bloomberg Technology Co-Host Ed Ludlow breaks down fourth-quarter vehicle delivery numbers for Tesla and Rivian. Dan Ives, Senior Equity Analyst at Wedbush Securities, shares his outlook for Apple and Tesla. And we Drive to the Close with Rich Weiss, CIO of Multi-Asset Strategies at American Century Investments.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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