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From the "investors" tab, link here.
June 4, 2022: next week, stocks to watch --
- Apple's WWDC
- economic data to be reported:
- headline inflation:
- forecast, 8.2% y/y for May
- forecast, 8.3% y/y for April
- some see core CPI trickling down to 5.9% from 6.2 (after backing our energy, food)
- reporting earnings next week: Campbell Soup, DocuSign
- investor events: AMD, AAPL
- FB disappears; replaced by META
- dividend watch: Credit Suisse notes: IBM, CVX, KO, EMR, SWK, NEE, CL, SYY, MCD and CAT.
From that same link:
Apple WWDC preview:
Apple (AAPL) will hold its Worlwide Developers Conference to expectations that updates to iOS/iPad OS, macOS, tvOS, and watchOS, and other software reveals will be made.
Ahead of WWDC, the company teased an update to the Swift open-source programming language.
Analysts think there is a chance of a "one more thing" hardware surprise, as well as a potential announcement of a NFL Sunday Ticket contract win.
Looking ahead, Wedbush Securities analyst Dan Ives believes the tech giant is gearing up to bid on a number of upcoming sports packages besides the NFL that are coming up for contract/renewals in future years.
Also of high interest, Morgan Stanley said there is the potential for Apple to tease its entrance into the mixed-reality headset market.
What does WWDC mean for Apple shares? Over the last 10 years Apple has underperformed the S&P 500 by a median of 100 bps in the week after the event, but outperformed the S&P by 70 bps in the one month following the event.
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