Equity Monday: Have we reached peak smartphone?
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 7 August 2023
⏱️ 9 minutes
🧾️ Download transcript
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| 0:00.0 | Hello and welcome back to Equity, the Tech Ranch Podcast, where we unpacked the numbers and nuance behind the headlines. |
| 0:18.0 | This is Alex, good morning and happy Monday. I was off the back half of last week and that means that I am getting caught up and I am here to catch you up as well. |
| 0:27.0 | Today is August 7th, 2023 and on today's show we are talking about stocks, upcoming earnings, and what has changed or not in the |
| 0:36.1 | crypto market. |
| 0:37.1 | Then are we really reaching peak smartphone, an Indian internet law, one IPO, and big moves in pay-tiam's ownership. |
| 0:44.7 | It's going to be great. Let's go. |
| 0:49.2 | Starting off as we always do with a look at the world of money and that means stocks. |
| 0:54.8 | Shares are largely lower in Asia this morning. |
| 0:57.4 | Please keep an eye later this week on Chinese inflation data as deflation concerns continue to hover over the critical economy. |
| 1:05.0 | In Europe, shares are lower this morning and here in the US stocks are set to open. |
| 1:09.6 | Well, I'm sorry to say it, but lower. |
| 1:12.1 | Earnings this week, quite a lot slower than what we saw last week, but still some big names. |
| 1:16.5 | I am looking forward to numbers from Palantier and Twillio, toast, Apploven, Robin, Rob Roadblocks, and Alibaba. |
| 1:24.0 | We are of course getting close to the end of the major earnings period, |
| 1:28.0 | but that doesn't mean that all the big names are behind us. |
| 1:30.0 | A couple weeks out, we have Cisco and Zoom, Snowflake, and |
| 1:34.4 | NVIDIA. And then there was crypto. If you listen to the show last Friday you may have |
| 1:39.6 | noticed that I wasn't on it because I was off in Oregon and we had Jackie Melanix interview with |
| 1:44.7 | Ripple on the pod. Well if you liked crypto here's a little bit more. By the way it's like I never |
| 1:49.6 | left. Bitcoin is still at around 28,,000 per and East is still around the $1,800 mark. |
| 1:56.5 | Still quite a lot to look at I am tracking the circulating supply of the USDC |
| 2:01.8 | stable coin and what is going on with the other major |
... |
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