The Morning After | Okay, Computer.

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6 • 757 Ratings

🗓️ 19 September 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dan Nathan and Guy Adami discuss the recent interest rate cut by the US Federal Reserve and its implications for tech stocks and market performance. The conversation delves into the current price action, tech valuations, and the contrasting performances of various sectors, including hyperscalers and enterprise software. They analyze the S&P 500 and Nasdaq's historical performances, the potential impacts of interest rates on technology stocks, and valuations in a broad market context. The discussion also covers individual stocks like Apple, Tesla, Adobe, Microsoft, and the significance of recent trends in network security stocks such as Zscaler. — View our show notes here Learn more about Current: current.com Listen to 'Strategic Alternatives': https://www.rbccm.com/en/gib/ma-inflection-points Email us at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We’re on social: Follow @dee_bosa on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to a very special edition of Ok Computer.
0:04.6	I'm Dan Nathan, joined by the very special guy, Adami Guy.
0:07.8	Welcome to the pod.
0:09.2	I like to think that I'm special, but it's in the eye of beholder.
0:12.8	Thrilled to be joining you on the OK computer.
0:15.6	Yeah, this is a special one because you and I usually do market call.
0:18.8	We usually do on the tape.
0:20.2	We curate the market matrix.
0:22.3	Every so often you pop on this one, we talk a little tech.
0:24.9	We wanted to do this one on Thursday.
0:27.7	This is the day after the U.S. Federal Reserve cut interest rates for the first time in four years.
0:33.6	And we have some interesting price action going on.
0:36.1	So we're going to hit all that, kind of work
0:37.5	through what that means for tech stocks, valuations, and the like. We may hit some laggers that we've
0:42.6	been talking about for a while in the enterprise software space. Some of these SaaS names have not
0:47.2	acted particularly well as there's been most of the focus on the hyperscalers and those benefiting
0:51.9	from generative AI. We're also going to talk about
0:54.8	Apple and their iPhone sales and some of the stuff that analysts are talking about after one week
1:00.5	of orders. And then we're going to look at this relationship between software and semis. And we might
1:05.8	have a little name, one of those laggards that I think is worth taking a look at, especially
1:09.6	at the market, is going to drag all things up.
1:12.0	All right, Guy, we have an S&P that gapped up 1.5%.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from RiskReversal Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of RiskReversal Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.