4.2 • 365 Ratings
🗓️ 22 January 2024
⏱️ 11 minutes
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0:00.0 | Hello and welcome back to Equity, the Tech Runch podcast about the business of |
0:15.2 | startups where we unpack the numbers and the nuance behind the headlines. |
0:19.0 | This is Alex good morning. Today is January 22nd, 2024. And on this Monday show to get you ready for |
0:26.4 | the week we have the start of earning season, crypto's fading ETF party, a new AI Unicorn, canvas upcoming massive secondary share sale and |
0:37.0 | falling cybersecurity fundraising amongst more. |
0:40.0 | It's a pack show this morning. |
0:41.4 | Let's go. Starting off, as we always do on Monday mornings with a look at the world of money and that means stocks in Asia shares are mixed today, though lower in China after the People's Bank of China, held rates steady. |
0:58.2 | Some folks want that bank to lower rates to stir economic activity, but lower rates would |
1:03.0 | put even more pressure on the Chinese currency. |
1:05.4 | Over in the EU stocks are mostly higher today and in the US |
1:09.9 | they are set to rise at the open according to pre-market training. |
1:14.0 | On the earnings front, this week a couple of big names. |
1:17.6 | Tuesday will bring us numbers from Netflix and Verizon. |
1:21.5 | Wednesday we'll hear from Tesla and IBM and then Thursday brings us Visa, |
1:26.6 | Intel, Nokia and App Folio. |
1:29.2 | And apology, I misspoke last week. |
1:31.3 | It's actually next week when big tech earnings are really going to kick off and we'll get a big taste of what the last quarter was like. |
1:39.0 | Next up, crypto, and let me say,. T.F. party is a bust so far. |
1:45.8 | I thought it very possible that after the Bitcoin Spot E. T. F. were approved, we would see a nice |
1:51.4 | rally in its value and then a rally in sympathy from other |
1:55.0 | tokens. Thus far, nope. Bitcoin is off 2% in the last day and 4% in the last week. |
2:01.9 | Ether is off 4% |
... |
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