Bloomberg Technology
Hopes for Trade Deals Drive Tech Stocks Up, Musk Calls Trump Trade Advisor "Moron"
Apr 8, 2025
Larry Summers, former U.S. Treasury Secretary and Harvard professor, discusses the looming recession and the effects of trade tensions on the economy. Jay Jacobs, BlackRock's head of thematic and active ETFs, examines the market rebound driven by potential trade deals, particularly in the tech sector. They dive into how tariffs are reshaping investments, especially in companies like Tesla and Apple, while highlighting the importance of long-term strategies in AI infrastructure amidst market volatility.
35:18
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Quick takeaways
- The podcast emphasizes the positive sentiment among investors regarding potential trade deals, which has led to a rebound in technology stocks.
- Discussion highlights the need for investors to focus on U.S.-based tech companies to mitigate risks from global trade tensions.
Deep dives
The Role of Tools in Development
The significance of having the right tools to accelerate development is underscored, with specific emphasis on Microsoft technologies such as GitHub Copilot, VS Code, and Azure AI Foundry. These tools are designed to facilitate innovation and streamline the development process, allowing developers to focus on creating solutions rather than getting bogged down by technical hurdles. By integrating security, compliance, and responsible AI practices, Microsoft helps developers mitigate risks and enhance productivity. This holistic approach ensures that developers can push the boundaries of their projects, ultimately contributing to the technological advancement of their organizations.
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