Consumer sentiment, Meta’s AI growth, bitcoin surge: Catalysts – MASHAHER

ISLAM GAMAL27 September 2024Last Update :
Consumer sentiment, Meta’s AI growth, bitcoin surge: Catalysts – MASHAHER


Today on Catalysts, hosts Seana Smith and Madison Mills delve into economic data, trending market names, and developments in artificial intelligence.

The show kicks off with a focus on September’s consumer sentiment data. The reading beat economist expectations, coming in at 70.1, above the anticipated 69.4.

Next, the hosts provide updates on several trending market names— including the surge in bitcoin (BTC-USD) prices, LVMH Moët Hennessy Louis Vuitton’s (LVMUY) new stake in Moncler (MONRY), and offer outlooks for Tesla (TSLA) and Nike (NKE) ahead of their respective quarterly releases next week.

Finally, artificial intelligence takes center stage as RBC Capital Markets equity analyst Brad Erickson joins to discuss regulatory concerns within the tech sector and the implications of Meta’s newly released Orion AR glasses on revenue growth.

This post was written by Angel Smith


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