Dow All-Time Highs, Bank Earnings Day 3, Retail Surprise, Musk Millions For Trump? 7/16/24
Squawk on the Street
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Bank Earnings and Market Trends
The chapter covers the positive performance of Bank of America, the competition among companies during Prime Day, and the financial performances of Morgan Stanley and Schwab. It also touches on the impact of retail brokers acquiring e-brokers, Silicon Valley IPOs, and the potential changes in regulations under a different administration. Additionally, it discusses the performance of various financial companies, the need for deregulation, and the impact of AI on businesses and retail sales.
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Transcript
