Tech Stocks Take a Dive | Pivot
Episode Description
Kara Swisher and Scott Galloway discuss tech stocks taking a dive after unimpressive earnings from Tesla and Alphabet. What does this mean for the EV market? Were Alphabet’s earnings really that bad? And who rode in a Cybertruck, Kara or Scott?
Brief Summary
NASDAQ drops due to Alphabet and Tesla's disappointing earnings, raising concerns about their future strategies and market positions.
Key points
- NASDAQ's Biggest Tumble Since 2022. The NASDAQ has experienced a significant drop due to disappointing earnings from major tech companies.
- Tesla's Earnings Call Raises Concerns. Tesla's earnings call revealed pointed questions about the long-awaited robo-taxi technology.
- Tesla's Valuation Compared to Rivals. Tesla's valuation is significantly higher than traditional automakers, raising eyebrows among investors.
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- NASDAQ's Biggest Tumble Since 2022The NASDAQ has experienced a significant drop due to disappointing earnings from major tech companies.“Alphabet shares are down almost 5% in the last five days.”0:20Jul 26, 2024
- Tesla's Earnings Call Raises ConcernsTesla's earnings call revealed pointed questions about the long-awaited robo-taxi technology.“People's patience is really wearing thin.”4:15Jul 26, 2024
- Tesla's Valuation Compared to RivalsTesla's valuation is significantly higher than traditional automakers, raising eyebrows among investors.“Tesla trades at 99 times forward earnings.”4:39Jul 26, 2024
Tension
60/ 100Some tension
