Squawk on the Street

Global Sell-off, Buffett's Berkshire Slashes Apple Stake, Japan Markets Tumble 12% 8/5/24

Aug 5, 2024
The podcast dives into the shaky state of financial markets, highlighting fears of a sell-off amid disappointing job reports. It contrasts the excitement of Olympic highlights with the dismal economic landscape. Discussions include Japan's yen carry trade and its impact on U.S. stocks, along with a spotlight on tech stock volatility, especially Intel's plummet. A surge in Kellanova's stock sparks talks of potential acquisitions, while broader market uncertainty looms over key tech firms like AMD and Micron.
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