Closing Bell: Mega Cap Moment of Truth 7/29/24

Glen Kacher, a financial expert from Light Street Capital, dissects the fragile state of tech stocks as major earnings reports loom. He explores whether a recovery is on the horizon. Chris Toomey, a Morgan Stanley advisor, shares strategies for guiding high net worth clients through turbulent market waters. The duo also examines significant movements in Tesla and McDonald’s stocks, with insights into the implications of anticipated Federal Reserve decisions and the performance shifts in tech investments, including AI and semiconductor prospects.