Bears Tighten Grip, Apple and the Mega-Tech Correction, Bloomin' Activism 8/18/23
Squawk on the Street
00:00
Yields, Tech Stocks, and Market Retrenchment
The speakers discuss the movement of yields and its driving factors, including the impact on tech stocks like Apple, Microsoft, Nvidia, and Meta. They highlight the retrenchment happening in the market and the potential longer-term impact of higher yields. They also analyze the underperformance of non-infotech companies with exposure to China and the struggles faced by the Chinese stock market.
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Transcript
