Biden exits race, CrowdStrike fallout, Big Tech earnings: Morning Brief
Today's episode of the Morning Brief features co-hosts Seana Smith and Madison Mills delving into political upheaval, market-moving stocks, and upcoming earnings reports.
The political landscape takes center stage as President Biden announces his withdrawal from the presidential race, endorsing Vice President Kamala Harris as the potential Democratic nominee. Senior Columnist Rick Newman joins to analyze Harris's likely policy directions. AGF Investments Chief US Policy Strategist Greg Valliere offers insights into Harris's prospects against Trump and the potential market implications.
The focus then shifts to notable stock movements, including Ryanair (RYA.IR), CrowdStrike (CRWD), Verizon (VZ), and Delta Air Lines (DAL)—which is still grappling with challenges from a worldwide outage triggered by a CrowdStrike update.
The show concludes with a look at upcoming earnings reports, particularly from Tesla (TSLA) and Alphabet (GOOG, GOOGL). J.P. Morgan Private Bank US equity strategist Abby Yoder and Roth MKM senior research analyst Craig Irwin share their earnings outlooks.
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This post was written by Angel Smith