Closing Bell: Tech Surges, Elon Musk takes a big stake in Twitter, and Risks of a Recession 4/4/22

Closing Bell: Tech Surges, Elon Musk takes a big stake in Twitter, and Risks of a Recession 4/4/22

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  • Osa
      33
  • Avaldatud
      4. apr 2022
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Osa
33 of 1974
Kestus
43 min
Keel
inglise
Vorming
Kategooria
Majandus ja ettevõtlus

Tech stocks rallying to start the week on Wall Street after Tesla CEO Elon Musk bought a 9% stake in Twitter. Jefferies’ Brent Thill discusses whether Musk’s purchase could impact Twitter’s strategy. Former Federal Reserve Vice Chairman Roger Ferguson reacts to JPMorgan CEO Jamie Dimon’s warning that the Fed could hike rates more than Wall St. is expecting and whether the risk of a recession is rising. And Wells Fargo’s Mike Mayo explains why he is cutting his price target on Morgan Stanley & JP Morgan and the bank stock he thinks looks most attractive in a rising rate environment. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.


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