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Business Rundown: Bank Earnings, Tesla's Robotaxi Skeptics, & DOJ Plans To Break Up Google
Manage episode 445164475 series 3330134
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On the heels of their positive earnings report, America's biggest bank JPMorgan Chase came out in favor of the forecast that the US economy is healthy and headed for a soft landing.
At Tesla's big robotaxi event, CEO Elon Musk said that by 2027, American consumers will be able to buy one of his two-seater Cybercabs for less than 30,000 dollars. Unfortunately for Tesla, the event left many investors with more questions than answers, causing Tesla shares to slide 9 percent on Friday.
And last week, the U.S. Department of Justice began considering how they could go about breaking up the big tech giant, Google.
The Big Money Show co-anchor Taylor Riggs spoke with CEO & Chief Investment Officer at Laffer Tengler Investments, Nancy Tengler, about all of this and how folks should be investing ahead of the election.
Photo Credit: AP
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