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Squawk on the Street

Microsoft’s Cloud Miss, Boeing’s New Chief, AMD & T-Mobile CEOs 7/31/24

Jul 31, 2024
Lisa Su, the dynamic CEO of AMD known for her leadership in the tech industry, shares insights on her company's remarkable quarterly growth, highlighting a surge in data center sales. Mike Sievert, T-Mobile's innovative CEO, discusses recent earnings and strategic moves in the competitive telecom landscape. The conversation dives into Microsoft's cloud performance setbacks and the evolving impact of AI on technology demand. Listeners will appreciate the in-depth analysis of competitive strategies in both the semiconductor and telecommunications sectors.
48:05

Podcast summary created with Snipd AI

Quick takeaways

  • Microsoft's mixed quarterly results highlight concerns over Azure AI growth despite overall positive earnings, impacting investor sentiment.
  • AMD's remarkable data center revenue growth, driven by AI demand, underscores the importance of technological advancements in market performance.

Deep dives

The Impact of SPY on Investing

The introduction of the Spider S&P 500 ETF, SPY, has revolutionized the way people invest by providing a new method to access the stock market. This investment vehicle has inspired changes in investor behavior, encouraging diversification and a more strategic approach to portfolio management. By providing exposure to a broad range of U.S. equities, SPY allows investors to participate in the overall growth of the economy rather than relying on individual stock performance. However, potential investors need to be aware of the associated risks and should thoroughly research the fund's objectives and costs before investing.

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