Retail Sales Miss, Markets' Record Run, Tech Rally: Apple vs. Microsoft 6/18/24
Squawk on the Street
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EV Startups Challenges and Market Predictions
The chapter delves into the challenges faced by EV startups like Fisker amidst the current market dynamics where hybrids are outselling EVs. It predicts that EVs will surpass hybrids in market demand by 2028 due to the introduction of lower-priced models. The conversation also covers discussions on potential charges against Apple under the Digital Markets Act, market updates on JP Morgan and Apple, shifts in the energy market, semiconductor companies' movements, corporate bond issuances, advancements in artificial intelligence, and upcoming keynotes.
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Transcript
