Francesca Fontana
speaker
2,691 appearances
52 recordings
1 series
first heard Aug 2017
last heard Feb 2025
Francesca Fontana’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Let's talk about tech stocks.
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Specifically, the chip makers at the center of the AI craze that powered huge rallies earlier this year.
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The tide has changed a bit now, and they're getting hit by concerns that AI demand won't live up to these lofty, priced-in expectations.
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I mean, just look at NVIDIA, the AI poster child, right, whose stock more than tripled in 2023 and has more than doubled in 2024.
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On Tuesday, it lost nearly $280 billion in market value, the most ever by a company in a single session.
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And that huge drop wasn't on any company-specific news either.
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We did get some company-specific news this week, though, about another chipmaker, Broadcom, which posted its quarterly results on Thursday.
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Broadcom actually beat earnings and revenue expectations, but investors seem to care much more about its revenue guidance that fell short of analysts' expectations.
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As a result, Broadcom shares fell 10% on Friday.
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A bright spot this week was JetBlue Airways, which you might say was flying high after boosting its third quarter guidance.
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The airline bumped up its capacity and revenue outlook thanks to favorable fuel prices and thanks to strength in its July bookings.
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You don't have to be a frequent flyer to remember how July's tech outages totally upended air travel and led to mass cancellations.
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Total meltdown.
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Well, JetBlue was one of the carriers that had relatively smoother operations, and the company said it got a windfall of demand from other airlines' disruptions as a result.
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So investors gave the stock a lift.
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Sorry for the pun.
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JetBlue shares gained about 7% on Thursday, and the stock ended the week up about 4%.
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And last but not least, let's talk U.S.
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steel and the uncertain future of its pending sale.
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The Wall Street Journal reported this week that President Joe Biden is poised to block the planned $14.1 billion takeover by Japan's Nippon Steel using his executive powers.
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Showing 941–960 of 2,691 · page 48 of 135
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