Cheddar News checks in on The Day Ahead as more earnings are on tap from companies Thursday including Apple, Lyft, Kellogg and Expedia while Vice President is expected to meet with some top tech CEOs to discuss the rapid development of artificial intelligence.

Closing Bell

The Day Ahead: More Earnings, VP Harris to Meet with Big Tech CEOs on AI

Look at the day ahead. We're going to get more corporate earnings before the open. We'll hear from big companies like Kellogg, Paramount Global Paton and Papa John's a wide range among others, Kellogg will give us results from its fiscal first quarter and it will come after the company posted beats on the top and the bottom lines in all four of its reports. In 2022 Kellogg benefited in the prior quarter from strength and its snack business including from brands like Pringles and cheese. Its VT also saw success in emerging markets during the previous quarter. We're also expecting results from some big names. Actually after the close tomorrow on a Thursday, we get travel stocks like booking holdings and Expedia along with the big here, Apple and struggling Ride share company lift. So if we take a look at Apple, the world's most valuable company will be watched with a key focus especially after its warning of a significant decrease in demand for some of its flagship products like Macs and ipads. Well, even iphone sales are expected to see a more than 3% year on year decline and we'll also find out about how much the company will spend on dividends and share buy backs with Wall Street expecting that figure to come in at $90 billion. Those results of course, and the market reaction will be here on closing bell. Well, if artificial intelligence has been on your mind, you're not the only one Vice President Kamala Harris meeting with ceos of Google Microsoft, open A I and anthropic to talk about the rapid development of A I. According to the White House Harris plans to discuss the potential risks of artificial intelligence and the importance of ethical innovation, which are part of the Biden administration's bigger efforts to work with tech experts to make sure that these types of products are safe for Americans elsewhere. Sci fi fans gearing up for an unofficial holiday, Star Wars Day tomorrow on May the fourth while Disney releasing some new Star Wars merchandise all across the galaxy for the celebration from a Mandalorian mask that changes your voice to New Lego sets and Droid figurines. If you're traveling to Disney's US Parks, Disneyland or Walt Disney World, you will receive a special magic band, so have fun. And as they say, May the fourth be with you.