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Bloomberg Intelligence

Tesla, Alphabet Shares Slump

Jul 24, 2024
Experts in autos, tech, and finance discuss Tesla and Alphabet earnings, commercial real estate challenges, and Wall Street donors backing Vice President Kamala Harris, including insights on AI, EV models, stock valuation, and market strategies.
42:36

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Quick takeaways

  • Wealthy Wall Street Democratic donors are actively raising funds for Kamala Harris's presidential campaign, showcasing broad donor appeal with influential figures backing her.
  • Kamala Harris's focus on female and Indian American representation attracts new donors and potential business allies, potentially benefiting US businesses with her optimistic approach.

Deep dives

Wall Street Reacts to Kamala Harris Donor Push

Wealthy Democratic donors on Wall Street are raising funds for Kamala Harris's presidential campaign. Influential figures like Blair Ephron, Brad Karp, and Mark Lazary are showing strong support. The campaign has already attracted 1.1 million unique donors, with 62% contributing for the first time. James Taylor, Yo-Yo Ma, and Emmanuel Axe will perform at an upcoming donor event, showcasing broad donor appeal.

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