Squawk on the Street
The Tech Sell-off and Beyond, Chips Try to Rebound, Sen. Vance's Wall Street Message 7/18/24
This episode isn’t summarized yet
Create a free account and summarize it. In a few minutes you’ll have the key takeaways and a section-by-section summary.
Show notes
One day after the worst session for the Nasdaq since December 2022, Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the tech sector. Chips hoped to recoup some of Wednesday's steep losses after Taiwan Semiconductor reported better-than expected revenue guidance and quarterly earnings. Cramer spoke about how investors should view "the great rotation" into small caps. The anchors also reacted to Sen. JD Vance's vice presidential nomination speech to the Republican National Convention -- especially his blunt comments about Wall Street. Also in focus: What to expect from Netflix earnings, Meta reportedly has its eyes on the maker of Ray-Ban sunglasses, Wells Fargo upgrades the banks, "Faber Report" on the future of Warner Bros. Discovery.
Squawk on the Street Disclaimer
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.