The Rundown cover image

Banks Deliver Mixed Bag of Earnings, Tesla Postpones Robotaxi Event

The Rundown

00:00

Intro

The chapter covers the end of the stock market's winning streak with a significant drop in big tech stocks like Tesla, Nvidia, and Meta, along with mixed earnings reports from big banks like JP Morgan, Wells Fargo, and Citibank. It discusses the potential shift of investor interest from big tech to smaller companies following a positive CPI report indicating possible interest rate cuts from the Fed.

Transcript
Play full episode

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