
Closing Bell
Closing Bell Overtime: US Chamber of Commerce CEO On Markets & Election; Tom Lee On Bitcoin Surge 7/15/24
Jul 15, 2024
US Chamber of Commerce CEO Suzanne Clark discusses the group's growth goal and call for candidates to embrace growth. Fundstrat's Tom Lee breaks down stock and crypto market movements. Former Truist CEO Kelly King shares insights on bank earnings and run in regional banks. Cybersecurity expert Nick Schneider talks tech giant deals in the sector.
43:43
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Quick takeaways
- US Chamber of Commerce CEO emphasizes 3% growth goal for economy and encourages candidate support.
- Cybersecurity M&A activities likely to increase with tech giants entering space and focus on AI-driven security platforms.
Deep dives
Strong Start for Big Banks in Earnings Reports
Big banks have shown strong results in their earnings reports, with some volatility in investment income. The key focus has been on credit quality and net interest margin. As the economy remains robust, smaller banks are expected to benefit from improved net interest margins and overall solid earnings.
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