
Bloomberg Surveillance
Bloomberg Surveillance: Tech Earnings and the Middle East
Jan 30, 2024
Economist Claudia Sahm, Adm. James Stravidis, and equity strategist Nadia Lovell discuss tech earnings, US reaction to Iran, market state and small cap stocks in 2024, and the influence of celebrities on voting and expensive Super Bowl ads.
34:17
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Quick takeaways
- General Motors is facing pressure to develop more hybrid vehicles due to concerns from dealerships about customer demand.
- President Biden's aides are reaching out to popular figures like Taylor Swift for endorsements to mobilize key demographics in support of the administration.
Deep dives
GM feels pressure from dealers to make hybrids
General Motors is facing pressure from dealerships to develop more hybrid vehicles. Dealers have expressed concerns about losing customers who are not yet ready to make the full switch to electric vehicles. While GM is listening to these concerns, they have not made any commitments to future hybrid models.
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