The Fed's Tenth Straight Rate Hike, Apple Earnings on Deck, and the White House's AI Probe 05/04/23

The Federal Reserve approved its tenth straight interest rate hike in just over a year yesterday, marking the Fed's most aggressive tightening cycle since the 1980's. NatWest Markets' Michelle Girard gives her thoughts. Plus, Apple reports results for its fiscal second quarter today, rounding out earnings season for big tech. Laffer Tengler Investments' Nancy Tengler discusses what she's expecting. And, VP Kamala Harris will be meeting with the CEOs of AI-related companies today to discuss the regulation of artificial intelligence. GlobalData's Cyrus Mewawalla explains the potential impact on the sector.