Discussion on the effects of inflation on different socioeconomic groups, potential market hiccups, high valuations of top technology stocks, movement in different market indices, impact on small caps and financial shares, and investment opportunities in sectors like healthcare, financials, and consumer staples. Specific mention of Hershey as a favorable investment option.
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Bloomberg Intelligence Technology and Media Analyst Geetha Ranganathan and Bloomberg News Earnings Reporter Redd Brown break earnings results from Netflix as the media company extended its lead over the streaming competition, adding 8.05 million customers in the second quarter, crushing its own forecasts and those of Wall Street. Novartis CEO Vasant Narasimhan talks about his company's earnings and the transformation into a pure-play innovative medicines business. Ardent Health CEO Marty Bonick shares his thoughts on the hospital operator going public. Margaret Talev, Director of the Institute for Democracy, Journalism & Citizenship at Syracuse University, provides the details of a study revealing Facebook & Instagram are rife with political misinformation ads. And we Drive to the Close with Max Wasserman, Founder of Miramar Capital.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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