Timeline for the first Fed Rate Cut, Another Apple Downgrade, AI Hype Cycle is Far From Over 01/04/24

Carl Quintanilla and Sara Eisen tackle today’s biggest Money Movers including the timeline for the first Fed rate cut with the Former CEO of Barclays, Bob Diamond. Then Apple gets downgraded for the second time this week. Later UBS says the AI hype cycle is far from over, laying out the path to 40% revenue growth for the industry. And finally Google sticks to its holiday diet and ditches cookies.