Finimize - 🍏 Apple entered the AI race

Apple revealed its new AI-fueled tools | Elliott bought a $1.9 billion stake in Southwest Airlines |


Hi Reader, here's what you need to know for June 12th in 3:11 minutes.

3️⃣ It's easy as one, two, three. Join us for How AI Can Help You Invest Like The Wealthy on June 25th, and find out a few simple steps could plump your wallet. Grab your free ticket

Today's big stories

  1. Apple played catch-up with its rivals, revealing its very own AI system for the first time
  2. Europe’s interest rate cut is casting a new glow on these assets – Read Now
  3. Activist fund Elliott Investment Management snapped up shares in Southwest, eager to give the struggling airline a first-class makeover

Apple Bites Back

Apple Bites Back

What’s going on here?

Apple launched its new AI system, Apple Intelligence, snapping at the heels of far-ahead rivals.

What does this mean?

Apple has become the latest tech giant to introduce AI features, trailing after the likes of Google, Microsoft, and Amazon. The imaginatively named “Apple Intelligence” will be able to summarize Shakespeare’s plays, create art, whizz through complex numbers – and just about everything in between. Now, the behind-the-scenes is something of a tangled web. Apple’s planning on using a combination of on-device processing, Apple data centers, and third-party large language models like OpenAI’s ChatGPT to process the workloads. Mind you, Apple might be leaving the door open by outsourcing information requests, potentially allowing competitors to copy its strategies.

Why should I care?

Zooming in: This time it’s different… Promise.

Apple doesn’t have much choice but to chase the AI trend. The company’s sales have fallen in five of the last six quarters, with the iPhone’s less-than-impressive upgrades pushing customers into the clutches of competitors instead. So Apple will be hoping that this AI launch and partnership with OpenAI will add some pizzazz to the next generation of iPhones, due to be launched later this year. The tech titan knows better than to rely on word of mouth, though: Apple will likely be laser-focused on convincing the world to trade in its old models, promising that the gadgets will be worth it this time around. That said, investors are already on a shopping spree, sending Apple’s stock up 5% after the announcement.

The bigger picture: Devil’s advocate.

Elon Musk has a checkered history with OpenAI and Apple. So it wasn’t exactly a surprise when he posted on X, formerly Twitter, that trusting OpenAI to keep everyday users’ data secure is “crazy”. And that might be more than a case of a scorned ex: there have been thousands of data leaks made by companies with the best intentions, after all.

Copy to share story:

🙋 Ask a question

Analyst Take

Europe’s Interest Rate Cut Is Carving Out Opportunities

Europe’s Interest Rate Cut Is Carving Out Opportunities

The big picture in Europe looks a bit different for investors this week.

And that’s because last week, the European Central Bank officially began chipping away at its record-high lending rates.

It’s a big deal: the pivot from interest rate hikes to cuts should have a serious impact on bonds across the bloc – and create some attractive opportunities.

That’s today’s Insight: the opportunities that arise as Europe’s interest rates fall.

Read or listen to the Insight here

Five active ETFs that could whip your portfolio into shape

Experts wax lyrical about the benefits of getting active.

Brain teasers are said to help you through old age, a daily walk can wipe away the late-night overthinking, and a bit of hot yoga could even keep your knees nice and limber.

Active ETFs could get your portfolio moving, too. While passive funds buy you a slice of a whole index, active ones seek to beat the market by buying and selling assets at opportune times.

They’re increasingly popular with retail investors, as they have the potential to diversify portfolios, make more complex investment strategies accessible, and maybe even outdo the market.

Our free guide has run through five main types of active ETFs, how you’d use them, and why you might want to: take a look to discover the benefits of an active lifestyle.

Check Out The Guide

Heavy Load

Heavy Load

What’s going on here?

Activist fund Elliott Investment Management went wheels up, adding a $1.9 billion stake in Southwest Airlines to its cargo.

What does this mean?

Activist investors buy stakes in companies and then push for change to jack up share prices. Elliott Investment Management, to name one, now holds about 11% of Southwest Airlines. That makes it one of the airline’s biggest investors – and, with its new-found muscle, the company is demanding fresh management and a thorough business review. By slashing costs and upgrading tech, Elliott hopes to push Southwest’s stock up 77% in the next year. This sort of deal is nothing new for the battered and bruised air travel market, though: earlier this year, activist investor Carl Icahn snagged 10% of JetBlue and two board seats.

Why should I care?

Zooming out: Heading south… west.

The current crop of activists is just the latest wave drawn to the airline industry. That probably has something to do with airlines’ tanking stock prices, as their previous forecasts prove to have been overly optimistic. They might be boasting record passenger numbers, but airlines are contending with higher labor costs, scorching jet fuel prices, and aircraft supply bottlenecks. Poor Southwest is having a particularly rough time. It’s struggled to make money due to its mostly domestic network and history of low fares. The airline also has an all-Boeing fleet, so it’s feeling the effect of the manufacturer’s recent turbulence more than most.

The bigger picture: Meanwhile in Blighty.

Mind you, it’s not just well-established US firms being picked off. Activists have been eyeing up British companies too, eager to convince them to list overseas. Many think the firms could benefit from listing in the US specifically, where investors have deep pockets and fewer concerns around sustainability issues. Plus, UK stocks look cheap compared to American ones – and that’s been attracting both foreign and local bargain hunters.

You might also like: How to invest like an activist.

Copy to share story:

🙋 Ask a question

💬 Quote of the day

"The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts."

— Bertrand Russell (a British philosopher)
Tweet this

🤝 Tom and Jerry, Woody and Buzz Lightyear, Butch Cassidy and the Sundance Kid.

You're a stellar fintech brand looking to get your name out there, and we're a newsletter with hundreds of thousands of brainy, switched-on readers.

Let's become the next picture-perfect duo: Talk to the team.

Get Your Name Out There

⛽ Shale And Hearty

Energy heavyweights including Exxon, Chevron, Occidental Petroleum, and ConocoPhillips have been making a ton of deals over the last year.

Really, a ton: about triple the amount from the year before.

The trend comes down to a widespread belief in the industry. US oil and gas giants see demand sticking around, and they're bracing for that.

Read The Quicktake

🎯 On Our Radar

1. Chowing down. Twenty years on, a look at the legacy of the documentary Super Size Me.

2. You need a lot of time and knowledge to be a value investor. Well, unless you have a digital assistant to do the heavy lifting for you.*

3. Riding the wave. Inside the world of river surfing in the Midwest.

4. Today’s top companies won't necessarily rule the roost tomorrow. Brush up your investing skills with this rundown.**

5. Hey you. New research shows elephants have names for one another.

When you support our sponsors, you support us. Thanks for that.

🌍 Finimize Live

🤩 Coming up soon...

All events in UK time.
💰The Insiders' Guide To Leveraged And Inverse ETF Trading: 5pm, June 13th
🔒 How to Future Proof Your Finances In Five Years: 5pm, June 18th
🤑 How AI Can Help You Invest Like The Wealthy: 5pm, June 25th
🏔️ Gaining An Edge Beyond ETFs: 8pm, July 9th
💃🏼 Finimize Ladies Investing Club: 6.30pm, July 18th
🚀 2024 Modern Investor Summit: 2pm, December 3rd

❤️ Share with a friend

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend.

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: Dall-e | Dall-e


Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails


Crafted by Finimize Ltd. | 280 Bishopsgate, London, EC2M 4AG

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at or through one of our partners. © Finimize 2021

View Online

Older messages

♦️ The S&P 500 got reshuffled

Monday, June 10, 2024

The S&P 500 brought three new companies into the fold | "Catastrophe bonds" have been causing a storm | Finimize TOGETHER WITH Hi Reader, here's what you need to know for June 11th in

☎️ The Fed’s been holding

Sunday, June 9, 2024

Plus, everything you need to know for the week ahead | Finimize Hi Reader. Here's a look at what you need to know for the week ahead and the things you might have missed last week. The Long Pause

💔 Nvidia split up

Friday, June 7, 2024

US jobs data might've left the Fed confused | Nvidia went ten-to-one on a stock split | Finimize TOGETHER WITH Hi Reader, here's what you need to know for June 8th in 3:07 minutes. 🔮 You can

✂️ The first (rate) cut is the deepest

Thursday, June 6, 2024

The ECB delivered on cutting interest rates | The NBA edged toward a $76 billion TV rights deal | Finimize TOGETHER WITH Hi Reader, here's what you need to know for June 7th in 3:08 minutes. 👀 You

🤝 SoftBank's in demand (again)

Wednesday, June 5, 2024

Elliott has bought up $2 billion of SoftBank shares | China faces the tide of exports backlash | Finimize TOGETHER WITH Hi Reader, here's what you need to know for June 6th in 3:12 minutes. 🤝

You Might Also Like

Big stock selloff

Wednesday, July 24, 2024

Bloomberg Evening Briefing View in browser Bloomberg A steep selloff in high-flying technology stocks sent the S&P 500 Index down to its worst day since December 2022. The US equities benchmark

👛 Chinese consumers cut back

Wednesday, July 24, 2024

Chinese demand for luxury goods falters, the UK economy is on the up, and a hydrogen-powered air taxi | Finimize TOGETHER WITH Hi Reader, here's what you need to know for July 25th in 3:09 minutes.

Issue #248: Do Trump and Harris really need my measly $2?

Wednesday, July 24, 2024

plus Brisket + a snowboarding cat ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Harry's Take 7-24-24 S&P 500 Outperforms Expected Returns

Wednesday, July 24, 2024

image Harry's Take July 24, 2024 Another Simple Indicator Shows We Are Way Overdue for a Stock Crash All types of indicators of excessive valuation for stocks have been flashing for a good while

Harris on the attack

Tuesday, July 23, 2024

Bloomberg Evening Briefing View in browser Bloomberg As US President Joe Biden announced he would address the nation Wednesday on his decision to not seek a second term, Vice President Kamala Harris

🪙 Ether makes its ETF debut

Tuesday, July 23, 2024

Alphabet's results are in, ether spot ETFs are launched, and the family that was shipwrecked for 38 days | Finimize TOGETHER WITH Hi Reader, here's what you need to know for July 24th in 3:14

Is now the right time to invest in gold?

Tuesday, July 23, 2024

Here's how to do it! ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Are These 3 Factors Delaying Your Retirement?

Tuesday, July 23, 2024

Most Americans retire by 64. Why not all? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

This 2 sentence phrase simply pays... week after week

Tuesday, July 23, 2024

Unique opportunity inside ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

The Economic Mind of JD Vance

Tuesday, July 23, 2024

The GOP VP candidate represents a sharp break from the Republicanism of yesteryear. View this email online Planet Money Hello JD Vance, Goodbye Ronald Reagan? by Greg Rosalsky Last week, former