Squawk on the Street
10AM Hour: The Market’s Reliance on the AI Trade, A Netflix Buying Opportunity? SpaceX Scrap Launch 7/17/26
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Show notes
Tech stocks come under renewed pressure as the Nasdaq heads for its first weekly loss in three weeks. On today’s Squawk on the Street, Apollo Chief Economist Torsten Slok explains how much of the economy’s outlook now depends on the AI trade. Plus, Netflix tumbles after disappointing guidance, but one Wall Street analyst says the selloff is a buying opportunity. And with SpaceX trading below its $135 IPO price, we examine what the options market is signaling about where the stock could go next.
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