Squawk on the Street cover image

Global Sell-off, Buffett's Berkshire Slashes Apple Stake, Japan Markets Tumble 12% 8/5/24

Squawk on the Street

00:00

Market Declines and Economic Uncertainty

This chapter examines the recent downturn in major tech stocks, focusing on dramatic declines experienced by companies like AMD and Micron. The speaker also analyzes current market conditions, including backwardation in VIX, while expressing concerns about the future economic outlook and its implications for stock prices.

Play episode from 51:42
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app