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What To Expect in Markets This Week: August Inflation Data, Apple iPhone Event, Updates From Nvidia, Oracle, GameStop

1. August inflation data may influence Fed's interest rate cuts later this month. 2. Apple to unveil new iPhone 17 models during a key tech event. 3. Major tech firms, including Nvidia and Meta, will present at an investor conference. 4. Oracle's earnings report indicates a strong fiscal year start for the cloud provider. 5. GameStop's report may impact meme stock dynamics amid revenue declines.

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FAQ

Why Bullish?

Apple's iPhone 17 launch typically boosts investor sentiment and demand, similar to past launches.

How important is it?

Apple's new product launches are pivotal events that shape market sentiment and affect stock performance.

Why Short Term?

The upcoming iPhone reveal may create immediate buying interest but has less long-term impact post-launch.

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