The High-Multiple Stocks Take the Biggest Hit, Post-Downgrade, and a Lookahead to Apple & Amazon Earnings 8/2/23

The High-Multiple Stocks Take the Biggest Hit, Post-Downgrade, and a Lookahead to Apple & Amazon Earnings 8/2/23

  • Af
  • Episode
    • 1424
  • Published
    • 3. aug. 2023
  • Forlag
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Episode
1424 of 2053
Længde
44M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Stocks dropped after Fitch cut its rating on the long term outlook for the U.S., sending yields higher and stocks lower. But some of the hardest hit names were in the high-multiple software sector, as well as the red-hot semis. Has the rally in that trade finally been derailed? Plus two of the biggest companies in the U.S. report earnings tomorrow. What to expect from the results and how to trade those names.

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