AAPL, ADBE, SPOT: Room For A.I. Growth?

A Bloomberg report in July 2023 divulged that Apple (AAPL) has had a chat GPT like model called Ajax, and once this awakens, perhaps Q1 2024, so will the stock, notes Jessica Inskip. She and Ben Lichtenstein discuss today’s big three stocks AAPL, Adobe (ADBE), and Spotify (SPOT). Inskip highlights that SPOT is a contender of the gig economy forming a technical base poised for a clear path to profitability and ADBE is the gig economy meets AI and is technically ready to overcome the downtrend that began as a result of a restrictive Fed. She then demonstrates example trades using these names. Lichtenstein discusses the technical trends to watch in the charts. Tune in to find out more about the stock market today.

Trading 360

17 Nov 2023

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