Why you have to pay attention to the public markets this week
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 25 July 2022
⏱️ 9 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hello and welcome back to Equity, the Tech Lunch Podcast, |
| 0:03.0 | where we unpack the numbers and the new ones. And welcome back to Equity, the Tech Lunch Podcast, |
| 0:13.0 | where we unpack the numbers and the nuance behind the headlines. |
| 0:16.0 | This is Alex, it is July 5, 2022, and we have an action-packed week ahead of us. |
| 0:21.0 | Let's talk about it. Kicking off with my favorite thing in the world, the stock market. |
| 0:28.0 | Taking a look around the world in Asia, stocks are lower, in Europe this Monday stocks are higher and here in the US stocks are set to rise to kick off a very very important week more on that in just a moment |
| 0:39.4 | In the world the crypto well major cryptocurrencies have lost some ground in the last 24 hours, |
| 0:44.8 | but Bitcoin is so comfortably over the $20,000 mark |
| 0:47.7 | at about $22,000 more or less this morning. |
| 0:50.4 | Eeth, the token associated with the Ethereum blockchain is still around the $1,500 level after a recent rally off that kind of $1,000 floor. |
| 0:59.0 | NFT volumes as far as we can tell remain modest this morning compared to prior highs and what's going on in the world |
| 1:05.0 | of Defy TVL well perhaps that data point has found a new floor we do need to look more |
| 1:10.4 | into that but you know it does appear obvious. Keep in mind also that |
| 1:13.9 | crypto regulation and the status of tokens as securities or not is back in the news as |
| 1:18.1 | of last week and that is going to be key to the world of crypto for the next several |
| 1:22.0 | years. |
| 1:27.2 | Welcome to Earnings Week. This week we will hear from all of the largest American technology firms, |
| 1:30.8 | including Apple and Amazon, |
| 1:33.0 | Alphabet, Microsoft, and Meta. |
| 1:35.4 | If I'm not wrong, their results are going to be super key |
| 1:38.0 | for setting technology sentiment, |
| 1:39.5 | so it matters for everybody. |
... |
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