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BLOOMBERG Bloomberg Technology July 13, 2024

Most expect it to end in the Fourth Quarter of this year. If that does not happen, that could really take a chunk out of the rally and make 2020 difficult. Plus, trade. That agreement still has to be signed. President trump indicated that could happen over the next few weeks. Then we are looking at phase 2. 2020 could bring some new risks that are not priced in, at least not now. Kurt certainly something we will be following. Thanks to bloombergs Abigail Doolittle for that update. The final stretch of the Holiday Season and shipping deadlines loom. Amazon cites a decline in fedexs delivery performance. Here with us, spencer, who covers amazon for bloomberg news. What is happening here . Spencer you basically have a big fat vote of noconfidence in fedex from amazon as we enter the
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BLOOMBERG Bloomberg Technology July 13, 2024

We will discuss why the chipmaker chose now to release the information. And automation transportation. A selfdriving semi makes its first crosscountry freight run. We will hear from the company who performed this feat. But first to our top story. Stocks barely moved on the day as investors continue to wait for news on the potential december 15 tariffs. On the year, it is a different picture. Joining me to talk about this years big gains for stocks and tech in particular is abigail doolittle. The tech sector up 40 this year. S p up only 25 or so. Why are traders looking past all the tech macro headwinds . Abigail great question. Maybe climbing that wall of worry. Those gains are simply extraordinary. The s p 500 up only 25 . But it pales in comparison relative to tech, up 40 as you mentioned. Hardware doing especially well. Techs best sector since 2009. That was coming out of the financial crisis. At that point, stocks were on a bargainbasement sale. That is the kind of buying we are se ....

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BLOOMBERG Bloomberg Technology July 13, 2024

Calls for 2020 what sectors he is betting on. We examine streaming content providers. As disney and apple enter the fray. Peacockl 2021 hold as enters the market. A partial trade deal between the u. S. And china will ease a key risk for investors. The index rose in the wake of the agreement. For more, lets bring it bloombergs Abigail Doolittle. Is this all about the trade agreement . Abigail interesting question, because the euphoria we are feeling today, it would seem that way. Rallyis has been a huge year. 40 ,tocks into october of so we do have solid gains after that fact. The tone was set earlier in the year. Last year, we had that horrible first horrible Fourth Quarter. This year, going into the end of the year, it feels as though traders and managers really trying to hang onto those gains and stoke them. We seem to be having more of that response happening today and ....

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BLOOMBERG Bloomberg Technology July 13, 2024

And we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. First, our top story. Five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home in hong kong in 10 years. The listing is being seen as a triumph for a stock exchange. Stars toyears it lost u. S. Rivals. This comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you take a look at the company raising an additional 11 billion, where do you see that company in terms of that use of cash . Thank you for having me. It will be interesting to see what they do with the extra cash. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the
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BLOOMBERG Bloomberg Technology July 13, 2024

Dominate the top pay tier. We will discuss why the chipmaker chose now to release the information. And automation transportation. A selfdriving semi makes its first crosscountry freight run. We will hear from the company who performed this feet. But first to our top story. Stocks barely moved on the day as investors continue to wait for news on the potential december 15 tariffs. On the year, it is a different picture. Joining me to talk about this years big gains for stocks and tech in particular is abigail doolittle. The tech sector up 40 this year. S p up only 25 or so. Why are traders looking past all the tech macro headwinds . Abigail great question. Maybe climbing that wall of worry. Those gains are simply extraordinary. The s p 500 up only 25 . But it pales in comparison relative to tech, up 40 as you mentioned. Hardware doing especially well. Since 2009. Sector that was coming out of the financial crisis. At that point, stocks were on a bargainbasement sale. That is the kind of ....

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