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Stocks Get Relief Rally After Jobless Claims Data

Stocks staged a solid rebound and bonds fell after the latest US labor-market reading helped ease fears about a more pronounced slowdown in the world’s largest economy. Causeway CEO and Fundamental Portfolio Manager Sarah Ketterer joins Ed Ludlow to discuss the state of tech markets and the chip sector on “Bloomberg Technology.” ——– Like this…

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Stocks staged a solid rebound and bonds fell after the latest US labor-market reading helped ease fears about a more pronounced slowdown in the world’s largest economy. Causeway CEO and Fundamental Portfolio Manager Sarah Ketterer joins Ed Ludlow to discuss the state of tech markets and the chip sector on “Bloomberg Technology.”
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2 Comments

2 Comments

  1. @allenaxp6259

    August 8, 2024 at 3:51 pm

    This is a great buying opportunity for the Big 7 and small Caps AI companies.

  2. @fordaysafterxmas

    August 8, 2024 at 4:19 pm

    Samsung German?

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Bloomberg Technology

Why the AI Backlash Is Getting Worse

A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…

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A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.”

Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the Everybody’s Business podcast to discuss why the backlash against all things AI is getting worse.
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Bloomberg Technology

UK Executives See More AI Job Cuts

Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit. Irina Anghel explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit.

Irina Anghel explains.
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Bloomberg Technology

NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says

Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…

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Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday.
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