Tech Stocks Rally and Rising Consumer Sentiment (Podcast)
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 12 August 2022
⏱️ 41 minutes
🧾️ Download transcript
Summary
Bloomberg's Ed Ludlow, in for Emily Chang, breaks down why the Nasdaq is at its highest levels since April 15, and takes a look at next week's big retail earnings results. Plus, the Senate passes a $347 billion initiative to boost the transition to clean energy and cut emissions.
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Transcript
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| 0:00.0 | Join Stacey Abrams, Leib Shriver, Gina McCarthy, and more of the planet's environmental |
| 0:06.2 | leaders and problem solvers for the Bloomberg Green Festival in Seattle, July 10th to the 13th. |
| 0:12.8 | Title sponsor Amazon, Official Airline, Alaska Airlines. |
| 0:17.6 | Supporting sponsor, Providence. |
| 0:19.9 | Contributing sponsor, Wareyerhauser. |
| 0:22.6 | Get 40% off using promo code Radio 40 |
| 0:26.0 | at Bloomberg Live.com slash Green Festival. |
| 0:32.4 | From the heart of where innovation, money and power collide, |
| 0:35.0 | in Silicon Valley and beyond, this is Bloomberg Technology |
| 0:40.0 | with Emily Chang. This is |
| 0:53.3 | the Bloomberg Technology. I'm Ed Ludlow in San Francisco in for Emily Chang. |
| 0:59.9 | Coming up in the next hour, |
| 1:01.5 | second half momentum is picking up steam. |
| 1:04.3 | Both the S&P 500 and NASDAQ 100 posting their longest streak of weekly gains |
| 1:09.2 | since November. |
| 1:10.2 | But earnings have shown a mixed outlook for the rest of the year. |
| 1:13.3 | Is this tech rally going to last? |
| 1:16.0 | Plus Walmart, Home Depot, Target lows. |
| 1:19.5 | Next week is a big one for retailers reporting earnings. |
| 1:23.0 | Consumer sentiment has been rough the past few months but new data suggests we're turning |
| 1:28.0 | a corner, we'll chat all things e-commerce. |
| 1:31.3 | And competition for electric semi-trucks is heating up after the Senate passed a roughly |
... |
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