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Bloomberg News Auto Reporter Keith Naughton discusses EV makers aiming for a $25,000 car in the US. Will Wade talks about Bill Gates investing in nuclear power. Google's AI evolution and role in AI products are highlighted. The Fed's cutting cycle and Gen Z transitioning to green jobs are explored. Wells Fargo's Global Investment Strategy Head shares insights on US equities and market trends.
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- EV makers target $25,000 car for US market.
- Bill Gates ready to invest billions in nuclear power.
Deep dives
Preference for US Equities within Specific Sectors
The Wells Fargo Investment Institute favors US equities over international markets, particularly large caps over mid and small caps. They show a preference for sectors like industrials, materials, healthcare, and energy due to their long-term growth prospects and relative valuation attractiveness.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode