23 min listen
MM108: Elon Musk's 'everything app' & the latest US bank earnings
FromMarket Maker
ratings:
Length:
42 minutes
Released:
Apr 14, 2023
Format:
Podcast episode
Description
Early this week, Twitter merged with X Corp. as Elon Musk advances his idea of an 'everything app'. We discuss Musk's obsession with 'X' and where it all began and explore some of the potential barriers to achieving his vision.We then examine the first of the major US banks to report Q1 earnings. It comes as shares in J.P Morgan rose sharply after the firm boosted its outlook for lending profits and said it added $37bn in deposits in the first three months of the year in the wake of Silicon Valley Bank’s collapse.Find out what this means for JP, the banking sector, the probability of a US recession, and the decisions to come for the Federal Reserve.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
Released:
Apr 14, 2023
Format:
Podcast episode
Titles in the series (100)
MM005: Yields spike, stocks drop - should you be worried?: This week Piers and I discuss the markets fixation on inflation and economic overheating and whether the recent moves in markets are cause for concern or simply short-termist in nature. by Market Maker