cover of episode Tech’s Divergence In The Second Half… And Retail’s Holiday Expectations 11/22/24

Tech’s Divergence In The Second Half… And Retail’s Holiday Expectations 11/22/24

2024/11/22
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B
Bill Baruch
创始人和首席投资官，拥有丰富的金融行业经验，专注于商品和股票交易。
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Brian Kelly
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Gabby Lozada
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Guy Adami
经验丰富的华尔街交易员和金融分析师，知名媒体人物。
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Julie Hyman
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Peter Boockvar
作为Bleakley Financial Group的首席投资官和《The Boock Report》的编辑，Peter Boockvar提供深入的经济和市场分析。
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Stephen Yalof
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Tim Seymour
作为Seymour Asset Management的创始人和首席投资官，Tim Seymour以其深刻的市场分析和长期投资策略而闻名。
Topics
Tim Seymour认为，市场对利空消息的反应迟钝，显示出更广泛市场的韧性以及被动投资策略的主导地位。软件股上涨是因为市场将其视为AI浪潮的下一个受益者，但这种估值并不合理，最终软件股的走势会跟随半导体股票。 Brian Kelly表示，市场目前处于普涨状态，对英伟达的财报较为担忧。半导体股票受到压力是因为投资者认为与AI相关的资本支出需要被证明其合理性，而软件股则受益于英伟达的出色表现。 Bill Baruch指出，相比半导体股票，更倾向于软件股，因为软件业务盈利能力更强，但英伟达的出色表现能否持续值得关注。英伟达的独特模式难以复制，其在AI领域的优势非常明显。

Deep Dive

Chapters
The discussion focuses on the divergence between software and semiconductor stocks in the second half of the year, with software stocks outperforming. The panelists debate whether this trend will continue into the year-end.
  • Software stocks like Oracle, ServiceNow, and Snowflake have doubled in value since July.
  • Semiconductor stocks like Lam Research and Micron have declined by over 10%.
  • The divergence is partly due to AI-related capex spin and the resilience of the broader market.

Shownotes Transcript

Two tales of Tech playing out, as software and semi stocks diverge in the second half. The names leading the rip and dip, and if the trend will continue into year end. Plus How retail will fare this holiday season. Record holiday spending expected this year, as companies up their credit card interest. How it will all shake out ahead of the holidays.

 

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