Political Changes and Market Moves: Analyzing Biden's Exit and Big Tech Earnings
Political Landscape and Market Analysis
Today’s Morning Brief explores the latest in politics and market movements.
Biden's Withdrawal
In a significant shift, President Biden has announced his withdrawal from the presidential race, endorsing Vice President Kamala Harris as the likely Democratic nominee.
Market Implications
Senior columnist Rick Newman analyzes Harris's anticipated policies and potential market ramifications. Moreover, AGF Investments' Chief US Policy Strategist Greg Valliere discusses Harris's prospects against former President Trump.
Key Stock Movements
This episode highlights stock performances of notable companies:
- Ryanair (RYA.IR)
- CrowdStrike (CRWD)
- Verizon (VZ)
- Delta Air Lines (DAL) - still recovering from an outage caused by a CrowdStrike update
Upcoming Earnings Reports
Lastly, the show previews upcoming earnings reports, particularly from Tesla (TSLA) and Alphabet (GOOG, GOOGL). Experts Abby Yoder and Craig Irwin provide their insights into what to expect.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.