Netflix Buys Hollywood: Apple's AI Chief Steps Down Before a Surprise Fed Cut

In this episode, the team discusses recent economic data,including a weak ADP jobs number concentrated in small businesses and mixed signals from manufacturing and services Purchasing Managers' Indices. They analyze the high probability of a Federal Reserve rate cut next week, driven by soft economic indicators. The discussion also covers a massive Netflix acquisition of Warner Bros. Studios and HBO Max, and a significant executive reshuffle at Apple involving key AI and design leaders. Finally, the team explores the steep rise in U.S. natural gas prices due to growing demand for electricitygeneration, and the better-than-feared Black Friday/Cyber Monday retail sales, although growth was driven by price increases rather than volume. Please note that some of the companies discussed in thispodcast may be held in an AMI strategy or in personal accounts, including MA,ADBE, CRM, AEO, DG, DLTR, FIVE, ULTA, VSCO, KR, COST, META, NVDA, AAPL, SNOW,NFLX, MDB, MSFT, TTAN.”