Apple’s New iPhones and Oracle’s AI Bounce

The hosts of Motley Fool Money discuss Apple's new product announcements, including the iPhone 17, and debate whether these updates will drive significant revenue growth for the mature tech giant, noting concerns about Apple falling behind in the AI race. They then analyze recent economic data, including job numbers and inflation figures, considering the implications for the Federal Reserve's monetary policy and the potential for stagflation. Finally, they examine Oracle's impressive earnings report, driven by substantial growth in cloud infrastructure and AI-related services, while also cautioning investors about the difference between remaining performance obligations and actual revenue.