Closing Bell Overtime: Starbucks Has Best Day Ever After Announcing New CEO; Dan Niles On How To Play AI 8/13/24

  • By
  • Episode
      1312
  • Published
      Aug 13, 2024
  • Publisher
0 Ratings
0
Episode
1312 of 1752
Duration
44min
Language
English
Format
Category
Economy & Business

Stocks rallied into the close and ended near session highs after a key inflation read came in lighter than estimates. The big corporate story of the day was Starbucks: hiring Brian Niccol away from Chipotle to be the new CEO. Starbucks recorded its best day ever; Barclays analyst Jeffrey Bernstein breaks down what is next for both companies. Tech investor Dan Niles on how to play the current volatility and navigating AI. Evercore ISI Vice Chairman Krishna Guha on the Fed and inflation. Plus, top-rated retail analyst Christopher Horver of JPMorgan on what to expect from Walmart and other retailers this week.


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