EPISODE · Jul 20, 2023 · 50 MIN
MM121: Goldman profit plunges & has the UK turned the corner with inflation?
from Market Maker · host AmplifyME
I am joined by co-founder Piers Curran to talk over three themes in markets this week:1) Goldman Slumps - the US investment bank reported its lowest quarterly profit in almost six years, weighed down by falling trading and investment banking. Was this unexpected? What does it mean for the fate of CEO David Solomon?2) Tesla’s profit margins slipped in the latest quarter as a series of price cuts this year weighed on its earnings and Netflix's password-sharing crackdown pays off with nearly 6mn new subscribers. We take a look at what we've learned from their latest corporate earnings reports.3) Has the UK finally caught a break as inflation fell to a 15-month low resulting in the British Pound trading back below 1.3000 and traders reigning in their rate hike expectations for the Bank of England.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
I am joined by co-founder Piers Curran to talk over three themes in markets this week:1) Goldman Slumps - the US investment bank reported its lowest quarterly profit in almost six years, weighed down by falling trading and investment banking. Was this unexpected? What does it mean for the fate of CEO David Solomon?2) Tesla’s profit margins slipped in the latest quarter as a series of price cuts this year weighed on its earnings and Netflix's password-sharing crackdown pays off with nearly 6mn new subscribers. We take a look at what we've learned from their latest corporate earnings reports.3) Has the UK finally caught a break as inflation fell to a 15-month low resulting in the British Pound trading back below 1.3000 and traders reigning in their rate hike expectations for the Bank of England.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
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MM121: Goldman profit plunges & has the UK turned the corner with inflation?
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