(This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day) Worldwide Exchange Word of the Day: ‘Mercurial’ David Katz of Matrix Asset Advisors said investors should not be overly concerned with the swings in market sentiment and volatility last week following the August jobs report. “We would not get caught up in the negative. We would be buying last week’s dip,” Katz said Monday on “Worldwide Exchange.” He added that the tech sector has become increasingly attractive following it’s more than 8% decline since Federal Reserve Chair Jerome Powell signaled upcoming rate cuts last month, but he favors looking for opportunities in individual stocks. ” Microsoft or Qualcomm or Google , they had very good earnings. Outlook over the next two to three years and valuation are ok,” he said. Implications of the Apple’s ‘Glowtime’ event Apple shares are 13% higher since the Worldwide Developers Conference, where investors got a first look at company’s generative AI plans — including “Apple Intelligence.” At its “Glowtime” event on Monday, Apple is expected to launch the new iPhone 16 along with highlighting the features of Apple Intelligence which are expected to be available later this year. “My sense is expectations have been reined in for today” Craig Moffett of MoffetNathanson said on “Worldwide Exchange.” “A lot of what we will see has been leaked out.” A new note from Dan Ives of Wedbush on Sunday estimates that approximately 300 million iPhones have not been upgraded in over four years. However, Moffett had doubts about the ability of the new iPhone and AI features to spark a new upgrade cycle. “I think the real question is, how investors will reset their expectations a bit longer term. Next year is really going to be people betting on the big upgrade cycle. If I compare this to the 5G upgrade cycle a few years ago in 2021, 2022 there were so many unique tailwinds of stimulus in the market and pent up demand after the pandemic. This time, you don’t have that same back drop. It’s going to be a bit tougher,” Moffett said. MoffettNathanson has a $211 price target on Apple. That’s below the street consensus of $220. Chart of the day Palantir and Dell Technologies shares moved higher in the premarket on news both will join the S & P 500 on Sept. 23 before the start of trading. The two tech names will replace American Airlines and Etsy in the broader index. Worldwide Exchange Extra: CNBC exclusive with Palantir CEO Alex Karp Palantir CEO Alex Karp will sit down on Thursday with CNBC for an exclusive about the company’s inclusion in the S & P 500, new customers and the outlook for artificial intelligence. Palantir moved higher on news of the S & P 500 inclusion, and many investors believe this is just another tailwind for a stock that has gained more than 90% in 2024. Matthew Bartolini, managing director of State Street Global Advisors — which issues the widely followed SPY ETF that tracks the S & P 500 shares of Palantir will also be purchased by SSGA around the time of rebalance which can also be a boot to the stock price. “Unlike an appointment to the DJIA (Dow Jones Industrial Average), being added to the SPX (S & P 500) can generate a sustainable increase in a stock’s price performance.” Nancy Tengler of Laffer Tengler told CNBC. She added: “Palantir has proven the naysayers wrong since the beginning of the year. AIP (Palantir’s artificial intelligence platform) is accelerating. Sovereign AI investment is little discussed but will drive growth in the space in the years to come.” Palantir went public in September 2020. At first, it was seen as software company with an opaque business, overly reliant on government contracts. Now, it’s regarded as a leader in the artificial intelligence for enterprises. Stephanie Link of Hightower said in part, “Palantir has gone from a US intelligence agency company to dozens of government and commercial customers. Faster and more consistent growth.” Palantir has also caught the attention of retail traders in recent years, at times becoming a top mentioned stock on the WallStreetBets Reddit page. Ian Dunlap, a social influencer affiliated with Earn Your Leisure and the Market Monday podcast, said the S & P 500 inclusion could also spark a new wave of interest from retail investors. “It signals to retail investors that this is a company with staying power. Retail investors who were on the fence may now see Palantir as a more legitimate long term play rather than a speculative one.” Dunlap told CNBC. He added: “Palantir has the potential to be the leader in data analytics and artificial intelligence. But it’s still early in the game.” The CNBC exclusive interview with Palantir CEO Alex Karp will air on Money Movers on Thursday with highlights airing on Worldwide Exchange on Friday morning.