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Bloomberg Businessweek

Apple Explores Robots as ‘Next Big Thing’ After Car Fizzles

Apr 4, 2024
Mark Gurman discusses Apple's exploration of personal robotics and potential innovations in the field. Craig Silliman talks about using AI in communication services. Pete Robison shares insights on Boeing's culture fix. Gargi Chaudhuri provides investment advice for Q2.
34:09

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Quick takeaways

  • Apple considers personal robotics as their next big thing after the car initiative, highlighting their diverse innovation pursuits.
  • BlackRock recommends focusing on quality in equity portfolios, especially in sectors like technology, healthcare, and financials for promising prospects.

Deep dives

Effect of Oil Prices on Stock Market Movement

Recent comments by Fed speakers on interest rates and the rise in oil prices are causing investors to observe the stock market fluctuations. The spike in Brent crude prices is particularly concerning, potentially impacting inflation and consumer sentiment. The sustainability of the energy price rally and its effects on interest rates and consumer spending are key factors to monitor.

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