SOTS 2nd Hour: Apple’s Surprise Sales, Amazon’s Cloud Dreams, and Boeing’s Light At The End Of The Tunnel 11/1/24
Squawk on the Street
Tech Sector Dynamics and Market Insights
This chapter reviews the latest trends in the ISM manufacturing sector and notable developments in the tech industry, focusing on Amazon's financial growth and contrasting it with Apple's challenges despite strong sales. It discusses the implications of recent job reports on Federal Reserve interest rates and emphasizes the significance of Treasury yield movements. The conversation also highlights strategic opportunities in emerging markets like India and the ongoing advancements in AI within major technology firms.
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