RiskReversal Recap: March 13, 2024

Can the Market Rally without Tech? + Tick Tock for TikTok

Today’s MRKT Call is Presented by SoFi

Can the Market Rally without Tech?

Dan Nathan, Guy Adami, and Liz Young break down the top market headlines and bring you stock market trade ideas for Wednesday, March 13th.

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

The Bull Market Rages On

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

Tick Tock for TikTok? + Funders & Founders w/ Matt Turck & Florian Douetteau CEO of Dataiku

CNBC’s Deirdre Bosa is BACK with Dan Nathan to discuss what has the Valley buzzing. TikTok might be forced to part ways with ByteDance, what does this mean for Teemu and Shein (2:00), Perplexity Set To Double Valuation to $1 Billion (10:30), will investors “sell the news” after Nvidia’s GTC 2024 next week (17:00)?

After the break, Dan is joined by Matt Turck, Partner at FirstMark Capital and Florian Douetteau, CEO & Co-Founder of Dataiku about the state of Enterprise AI and the “Globalization of Entrepreneurship” (22:00)   

WHAT WE’RE READING

  • One of the Most Infamous Trades on Wall Street Is Roaring Back (Bloomberg)

  • House Passes Bill to Ban TikTok or Force Sale; Lobbyists Turn to Senate (WSJ)

  • EV Euphoria is Dead. Automakers are Scaling Back or Delaying their Electric Vehicle Plans (CNBC)

  • Wells Fargo Downgrades Tesla, Sees Electric Vehicle Stock Dropping Nearly 30% From Here (CNBC)

  • Stocks Flounder in Wake of Record-Breaking Session (Bloomberg)

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