Advising investors to diversify their portfolios, reallocate gains from outperforming stocks, focus on sectors benefiting from AI advancements, and remain neutral towards technology investments. Discussing the impact of the political environment and polls on investment decisions, emphasizing caution and waiting for more confirmation before making significant changes.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Intelligence Senior Tech Industry Analyst Mandeep Singh and Bloomberg News Cybersecurity Reporters Jamie Tarabay and Jordan Robertson discuss the botched software update from cybersecurity firm CrowdStrike that crashed countless Microsoft Windows computer systems globally on Friday. Helane Becker, Senior Research Analyst at TD Cowen, talks about how the global IT outage impacted the airline industry worldwide. Nikki Baird, Vice President of Strategy at Aptos Retail, shares her back-to-school shopping outlook. And we Drive to the Close with Tracie McMillion, Head of Global Asset Allocation at Wells Fargo Investment Institute. Hosts: Carol Massar and David Gura. Producer: Paul Brennan.
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