Overview

• Apple's new AI features could boost future iPhone sales but have yet to impact 2024 significantly.
• Tesla struggles with pricing pressures and competition, affecting sales and profit margins.
• Alphabet and Meta Platforms leverage AI to enhance their advertising businesses, showing strong growth.
• Nvidia, Microsoft, and Amazon continue to outperform the S&P 500, driven by AI innovations.
• Investors remain cautious about Apple's and Tesla's high valuations amid uncertain near-term prospects.