Tech Stocks Slammed; New Bloomberg Presidential Poll
On today's podcast:
1) Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products — are finding that investor expectations for the technology are hard to meet.
2) Six in 10 swing-state voters say President Joe Biden bears responsibility for a surge in migrants at the US-Mexico border, a downbeat signal for his reelection prospects as Republicans largely avoid blame on the issue, a Bloomberg News/Morning Consult poll found.
3) Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question.
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