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Bloomberg Technology

Tech Stocks Post Election and Chip Demand

Bloomberg Technology

Bloomberg

Tech News, Business, News

4.549 Ratings

🗓️ 7 November 2024

⏱️ 52 minutes

🧾️ Download transcript

Summary

Bloomberg's Caroline Hyde and Ed Ludlow break down Tech stocks post election and ahead of the fed and also discuss chip demand admist mixed signals from Arm and Qualcom about the smartphone market.

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Transcript

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0:00.0

EcoLab Water for Climate. Less water, more growth. Results will vary. Learn more at ecolab.com slash EWC.

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EcoLab Water for Climate. Transforming the way the world thinks about water.

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Want to know where stress is showing up in the $20 trillion commercial real estate market?

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Or while child care is so expensive and why so much of the global economy is going into reverse, then you're in the right place.

0:33.8

I'm Tracy Alloway.

0:34.8

And I'm Joe Wisenthall.

0:36.1

Together we host the All Thoughts podcast.

0:38.3

Twice a week, we bring on the perfect guest to break down all these odd, interesting, complicated finance topics and more.

0:45.0

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0:47.6

The Odd Lots podcast from Bloomberg.

1:00.0

From the heart of where innovation, money, and power collide in Silicon Valley and Francisco, this is Bloomberg Technology.

1:21.3

Coming up, tech stocks lead the markets to new highs.

1:24.9

We discussed the drivers from the elections to earnings and the Fed.

1:29.1

And we talk chip demand as Arm and Qualcomm give mixed signals about the smartphone market.

1:34.2

We speak to Arms CEO, René Haas.

1:36.6

And the C-suite take on the election, we speak with Andrews's Palmer Lucky amid a focus on

1:41.6

defence tech. But first, let's just get back to these publicly traded

1:44.6

markets that are at new record highs. So, Shina Lightland on the NASDAQ 100. It finally reaches

1:49.5

that new record yesterday, eclipsing the number it got to back in July. We're at 1.3%. The likely

1:55.7

magnificent sevens drive this benchmark to yet further heights ahead of the Fed. What are you watching at?

2:02.3

Earnings, but November 5th, an astonishing day to report numbers right, lift is up 27%. Off session highs

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