After the Tech Sell-off: Big Bank Earnings, Hot PPI, Tesla 11-day Win Streak Snapped 7/12/24
Squawk on the Street
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Intro
The chapter delves into bank earnings, the PPI report, and the performance of banks like JPM and Wells Fargo, along with the impact of a hacking incident on AT&T shares and troubles faced by Tesla. It also examines the market's response to the banks' performance, emphasizing differences in stock price action among banks like Citi and Wells.
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