Apple Unveils iPhone 16 with AI Integration

The NASDAQ 100 has shown resilience despite recent market concerns, rebounding from early losses and potentially aiming to break the 19,000 level, which could lead to further upward movement. Investors are anticipating a possible 50 basis point interest rate cut at the upcoming FOMC meeting, influenced by the latest employment report and upcoming Consumer Price Index (CPI) data. Amidst this volatility, traders are looking for buying opportunities during pullbacks, although economic uncertainties persist. Apple introduced the iPhone 16, focusing on generative AI features, but investor response was lukewarm given recent poor iPhone sales. Meanwhile, Google is facing renewed antitrust scrutiny over its digital advertising practices, amidst broader market volatility attributed to economic fears and profit-taking. SpaceX also made headlines with a successful crew launch for its private Polaris Dawn mission, aiming to achieve key milestones in space exploration.