The idea that any one company is going to earn the lion's share of profits as implied by the current valuation, we think is very unrealistic. This is yet another big technological fad. It may be as big or bigger than some of the others. I don't know for sure. The size of the fad only makes the amount of competition higher.
Bloomberg News Economics Editor Molly Smith and Bloomberg News Reporter Simone Foxman break down the US and global housing outlook. Bloomberg Intelligence Senior Transportation Analyst Lee Klaskow reports on FedEx earnings. Holly May, Global Chief Human Resources Officer at Walgreens Boots Alliance, discusses the company's commitment to improving mental health and wellbeing. And we Drive to the Close with David Trainer, CEO of New Constructs.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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