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Bloomberg Daybreak: Asia Edition
Earnings Galore: Tesla, Alphabet, More in Focus
Jul 24, 2024
Banríon Capital Management's Shana Sissel, Bloomberg's Julia Love, and Danny Lee discuss Tesla's setbacks like delayed profits and Alphabet's revenue success. Topics include long-term investment strategies, economic outlooks, Alphabet's revenue report, and Tesla's shift in focus towards AI and more affordable EVs.
22:06
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Quick takeaways
- Long-term investor emphasizes buying Nvidia on weakness for potential gains.
- Federal Reserve cautiously addresses softening economic indicators to prevent recession.
Deep dives
Stock Reflections and Long-Term Investment Strategy
Shana Sissel points out the importance of stocks reflecting earnings after the reports. She discusses her approach as a long-term investor, differentiating between trading and holding for an extended period. While still bullish on Nvidia, she notes its current premium price, holding her position while considering buying on weakness.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode