Stocks Rotate as Tech & Chip Shares Slide

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Charles Schwab Chief Investment Strategist Liz Ann Sonders, IDC Senior Director, Data & Analytics Nabila Popal, Susquehanna Senior Equity Research Analyst Mehdi Hosseini, KPMG US Chair & CEO Tim Walsh, Envestnet CIO Dana D’Auria, Hirtle & Co Founder & Executive Chair Jon Hirtle, Gerber Kawasaki Wealth & Investment Management President & CEO Ross Gerber, Blue Sky Productions President John McElroy, & Porsche CEO Michael Leiters. Chapters: 00:00:00 Bloomberg The Close 00:02:50 Liz Ann Sonders on AI, Bonds & Market Rotation 00:08:00 Fed Rate Hikes, Diversification & Investor Positioning 00:11:03 Smartphone Slump, Memory Chip Shortage & Rising Prices 00:16:00 KFC Drops Pepsi for Coke & Top Wall Street Calls 00:17:00 Top Calls 00:18:09 TSMC Earnings, AI Demand & the Chip Buildout 00:23:30 KPMG CEO on AI Investment & Corporate ROI 00:28:42 AI Jobs, Geopolitics & the CEO of the Future 00:32:14 Rocket Lab Delays Its Neutron Rocket 00:36:50 Markets Rebound as Treasury Yields Fall 00:41:06 Fed Chair Kevin Warsh, Inflation & Rate Policy 00:45:17 Closing Bell 00:50:37 Market Movers, J.B. Hunt Earnings & Consumer Pressure 00:54:03 Market Recap: Defensive Stocks & Falling Yields 00:57:30 John Hirtle on AI Investing & Portfolio Strategy 01:02:47 Private Markets, Venture Capital & Diversification 01:04:21 J.B. Hunt Earnings, Trucking & Driver Shortages 01:08:35 Tesla Roadster, SpaceX & Elon Musk’s Strategy 01:14:17 Tesla’s Future, Robotaxis & the Auto Industry 01:18:20 Porsche CEO Unveils New Supercar Above the 911 01:23:32 Porsche Pricing, China & Luxury Car Strategy 01:28:24 Porsche’s Transformation & Future Product Lineup 01:30:39 What to Watch: Tesla Roadster, Fed Chair & Economic Data -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts