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Bloomberg Businessweek
Bloomberg Businessweek

Bank Earnings Begin as Traders Digest Fed Speak

35 min•13 oktober 2026

Om avsnittet

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, weighing on stocks as Wall Street banks kicked off the earnings season. In a renewed bout of weakness, a closely watched gauge of semiconductor powerhouses extended its plunge from a June record, while concerns linked to artificial intelligence propagate across sectors. Meantime, New York Fed President John Williams said he still sees one more interest-rate hike as appropriate this year.

On today's episode:

  • Herman Chan, Bloomberg Intelligence Senior US Banks Analyst
  • Mamadou-Abou Sarr, Founder & President at V-Square
  • Gautam Mukunda, Bloomberg Opinion Columnist
  • Natalia Emanuel, New York Fed Economist

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