This chapter discusses the pushback against criticism of big tech companies and their ability to profit from AI, highlighting their high revenue and profits and their potential to implement AI technology. It also mentions concerns about their valuations and the potential impact of a recession on these companies.
Bloomberg News Entertainment Reporter Thomas Buckley talks about Hollywood studios and the SAG-AFTRA union reaching an agreement to end the film and TV strike after 118 days. Doug Ramsey, CIO at Leuthold Group, shares his thoughts on market volatility. Bloomberg News Equities Reporter Alexandra Semenova explains why avoiding Tesla is a winning trade for fund managers. And we Drive to the Close with Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments.
Hosts: Tim Stenovec and Barry Ritholtz. Producer: Paul Brennan.
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