This chapter discusses the current economic landscape, marked by positive indicators and consumer spending resilience, while addressing risks like geopolitical uncertainties. The speakers highlight Eli Lilly's strong earnings, particularly its new product ZEPBOUND, and explore Broadcom's potential in AI and telecommunications. They also delve into the rising interest in a new leveraged cryptocurrency ETF, noting its impressive growth and market excitement.
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Bloomberg Intelligence Senior Retail Analyst Jennifer Bartashus discusses Walmart raising its sales guidance for the full year, buoyed by consumers buying necessities and seeking deals even as they curtail spending elsewhere. Bloomberg News Data Investigations Reporter Noah Buhayar shares the details of his Businessweek story Doctors Cut a Giant Tumor Out of My Head. Is There a Better Way? Ben Harburg, Founder and Portfolio Manager,at Core Values Alpha, explains his thinking on investing in Chinese equities. And we Drive to the Close with Sylvia Jablonski, CEO and CIO at Defiance ETFs.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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