The Trading Floor: Tesla's Earnings Drop, Alphabet's Cloud Success and Biden Steps Down
Listen now
Description
In this episode, we break down the latest financial news in focus this week: Tesla's shares plunge after missing earnings for the fourth quarter in a row, despite record revenue. Meanwhile, Alphabet shines with a strong performance in cloud services, surpassing revenue expectations. French bank, BNP Paribas reported a record second-quarter profit driven by a surge in equities, while Deutsche Bank struggled with a loss due to weak trading results and legacy issues. We look at how the market reacted to US President Joe Biden withdrawing from the election race and what a Trump victory may mean for markets.  Tune in for a concise and insightful look at these key financial stories! ***** Are you a student interested in a career in finance? Try our free Markets Finance Accelerator in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
More Episodes
In this conversation, Anthony Cheung and Piers Curran discuss the implications of Donald Trump's return to power on the financial markets, particularly focusing on the US dollar's role as a global reserve currency.  They explore how Trump's policies may impact inflation, interest rates, and the...
Published 11/14/24
Published 11/14/24
In this episode, we dive into the financial market's reaction to Trump's return, focusing on how it impacts bank stocks and the deal-making landscape.  We also explore the rise of AI players like CoreWeave, their deep ties with Nvidia, and the risks surrounding Neocloud funding models. Plus, we...
Published 11/11/24