Biden Drops Out Of 2024 Race, Stocks Seek Bounce, IT Outage Fallout 7/22/24
Squawk on the Street
00:00
Stock Market Performance Post-Presidential Race Exit
The chapter delves into the impact on the stock market following the president's decision to exit the race, highlighting S&P and NASDAQ's rough week compared to the success of small caps. Discussions include Tesla and Alphabet's strategies, Tesla's short squeeze, Apple's representation of China in the market, and the potential future influence of different political figures on tech companies. The conversation extends to M&A pipeline talks, private equity power, the opening bell at CNBC Real Time Exchange, and the contrasting ideologies of vice presidential candidates.
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Transcript
