RiskReversal Recap: February 28, 2024

Three S&P Sectors To Buy Now & Kara Swisher's ‘Burn Book’

Today’s MRKT Call is Presented by SoFi

Three S&P Sectors To Buy Now!

Dan Nathan, Guy Adami and Liz Young break down the top market headlines and bring you stock market trade ideas for Wednesday, February 28th.

Click here to access all of the charts mentioned in today’s MRKT Call.

Salesforce, Inc. Chart

Topic Timecodes:
Biotech Gone Batshit (0:00); S&P 500 (10:30); United Healthcare (25:45); Salesforce (29:45); Schwab (33:00)

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Today’s Okay, Computer. is Presented by RBC and Current

Kara Swisher's ‘Burn Book’ + Current AI Comparisons to the Dot Com Bubble

On this episode of Okay, Computer. Dan Nathan and Guy Adami sit down with Kara Swisher, author of Burn Book: A Tech Love Story, for an in-depth look at the book and her process for writing it.

Later, Dan is joined by Jesse Chasse of RBC Capital Markets.

Topic Timecodes:
About The Book (0:00); Evolution of Tech Media (9:30); Walt's Impact (17:00); With Great Power (23:50); Are Jerks Productive? (30:15); Power of Media (36:35); AI Concerns (40:40) 

State of the IPO market (47:30), lessons learned from SPACs/direct listings (53:45), strategic M&A (55:45), the path to going public (48:00), comparisons to the dot com bubble (1:02:00), Uber’s wild ride (1:04:00), and the economic environment right now (1:08:00).

WHAT WE’RE READING

  • Goldman CEO Sees More Uncertainty to Soft-Landing Expectations (Bloomberg)

  • ‘Before Any Crash it Felt Great’: Jamie Dimon isn’t Sold on the Good News Coming Out of The U.S. Economy, Saying it may Prove a Precursor of a Recession (Fortune)

  • Bitcoin Surpasses $60,000 as Demand From ETFs Triggers Bull Run (Bloomberg)

  • Baidu’s Profit Halves After AI Spending Erodes Bottom Line (Yahoo Finance)

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