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CNBC's "Last Call"
Big Tech's AI Arms Race 5/10/24
May 11, 2024
The podcast discusses the disparity between market performance and public sentiment, recommends defensive portfolio positioning in sectors like healthcare and utilities, explores financial strategies and winners/losers in the tech industry, and examines the impact of AI on Google investors. It also touches on search engine changes, global trade policies, stock market events, streaming deals, consumer spending trends, and market insights in the restaurant industry.
43:31
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Quick takeaways
- Summer box office challenges due to lack of major Marvel film, companies focusing on value catering to price-sensitive consumers
- Catch Hospitality Group targeting markets with market density, offering authentic experiences at $75-$150 price point
Deep dives
Challenges in the Summer Box Office
This summer's box office is facing challenges due to the impact of last year's restrictions, affecting the pipeline of films. With no major Marvel film to kick off the season, there is concern over a lack of box office success. Companies like McDonald's are focusing on value to cater to more price-sensitive consumers.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode