About this episode

The episode discusses the recent pullback in big tech stocks, the implications of AI spending, and investment strategies during market volatility.

Big tech selling off to wrap up the week as names like Microsoft, Google and Meta aggressively ramp up AI spending. The traders break down how to trade these tech giants, and if massive AI buildouts will eventually lead to growth. Then, will market volatility persist? Citi Wealth’s head of portfolio strategy J.P. Coviello lays out where he sees opportunity in a time of high volatility and geopolitical uncertainty. Plus, why selling Tesla could be the move, Netflix crumbling after a disappointing second quarter, and why the biggest IPO in history is on a six day losing streak. Fast Money Disclaimer

People in this episode

Guest: J.P. Coviello

Topics covered

• Big Tech
• AI Spending
• Market Volatility
• Investment Strategy
• Tesla
• IPO

Keywords

• Big Tech
• AI
• Tesla
• Market Volatility
• Investment Strategy
• Netflix
• IPO

Mentioned in this episode

Organizations: Citi Wealth, Microsoft, Google, Meta

Products: Tesla, Netflix

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