The Failure and Savior of Silicon Valley Bank, and Why Tech Stocks Are Rising 3/13/23
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 13 March 2023
⏱️ 4 minutes
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| 0:00.0 | Tech stocks not having a bad day Apple Microsoft up 2% even smaller names with |
| 0:05.4 | that's v b exposure like Roblox are up today our dear drosa has a literal |
| 0:09.5 | tech check for us a d that's right as you. As you said, Carl Nasdak's the |
| 0:13.8 | outperformer in today's session and tech one of the top S&P sector |
| 0:16.8 | gainers. This interesting dynamic is playing out in real time. That sharp move in |
| 0:21.0 | bonn yields is making valuations more attractive. |
| 0:23.7 | Of course, when rates are higher future, profits appear less valuable. |
| 0:27.3 | The reverse is true too, so growthier companies, they're looking better right now as yields drop. |
| 0:32.5 | Despite the turmoil in tech over the last few days with |
| 0:34.8 | S. V. |
| 0:35.6 | And questions about the financing landscape for cash-burning companies, |
| 0:38.9 | you're seeing even unprofable tech rise in today's session. |
| 0:42.4 | Zoom. Data Dog crowd strikes some of the top gainers. profitable tech rise in today's session. |
| 0:42.5 | Zoom, Dada Dog Crowd strikes some of the top gainers |
| 0:45.2 | outside a farmer on the Nasdaq 100. |
| 0:47.6 | Now, if there is a flight to safety and tech, |
| 0:49.9 | that would be big tech and its fortress like balance sheets indeed you are seeing |
| 0:54.4 | Apple Microsoft Amazon outperforming in the session beyond today's immediate |
| 0:59.7 | action though that could be a different story and you could see some of this reverse |
| 1:03.4 | B of A warrants that the collapse of Silicon Valley Bank could set up this big |
| 1:07.7 | tech versus smaller tech dynamic they say that if the events of the past few days |
| 1:12.3 | created a big banks over regional banks |
... |
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