6min chapter

Bloomberg Surveillance cover image

Bloomberg Surveillance TV: July 25, 2024

Bloomberg Surveillance

CHAPTER

Market Analysis: Tech Shares and Earnings Surprises

This chapter delves into the technical and fundamental aspects of the market, focusing on the stretched conditions of technology shares, earnings surprises driving stock movements, and the repercussions of companies like Alphabet and Tesla not meeting expectations. The conversation also touches on the disconnect between earnings expectations and the economy, caution in tech stock investments, consumer spending slowdown, and a preferred market trade in regional banks.

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