Scott Becker

How many phones are they selling?

People aren't watching that at Microsoft and at Nvidia.

They're in the chip business, and they're in all kinds of technology businesses at Microsoft.

Amazon's trying to be, you know, Amazon Web Services, but their business is softening just a little bit while the rest of the business continues on how it's continuing.

So what you're seeing now is this breakdown.

The true tech tech companies, NVIDIA, Microsoft still taking off.

The others, Amazon, Apple, having some of their challenges.

It's fascinating to watch this breakdown between tech and non-tech amongst the Magnuson 7.

Thank you for listening to the Becker Private Equity Podcast, the Becker Business Podcast.

We'll be back with you shortly with a few more episodes.

Thank you very, very much.

This is Scott Becker with the Becker Business Podcast, the Becker Private Equity Podcast.

Today's discussion is seven of the stories that we're following today.

It's Friday, August 1st.

Also, unemployment ticked up to 4.2%.

Second, as of right now, the S&P is down about 1.65%.

That's a cluster.

The NASDAQ is down 2.14%.

Third, the labor market, as we said a moment ago, added 73,000 jobs.

The earlier months were also revised downward, showing a slowing in hiring in the U.S.