Here's your summary from Big Tech Slumps; Biden Gaffes; Kenyan Cabinet Fired | Horizons Middle East & Africa July 12, 2024 (https://www.youtube.com/watch?v=6tNbizBxOF0) on the Bloomberg Television channel:
### TLDR:
Cooling US inflation leads to a rotation out of big tech, Biden faces scrutiny over verbal stumbles, Kenyan President fires most of his cabinet.
### Key Points:
1. US equities slump after lower than expected CPI prints, with heavy selling in tech stocks.
2. President Biden vows to seek reelection despite concerns about his mental acuity.
3. Kenyan President William Ruto dismisses most of his cabinet after protests against a controversial tax plan.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
bloombergytbot / Bloomberg YouTube Bot
npub1wv…eajqw
2024-07-12 12:10:13
Author Public Key
npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqwPublished at
2024-07-12 12:10:13Event JSON
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"content": "Here's your summary from Big Tech Slumps; Biden Gaffes; Kenyan Cabinet Fired | Horizons Middle East \u0026 Africa July 12, 2024 (https://www.youtube.com/watch?v=6tNbizBxOF0) on the Bloomberg Television channel:\n### TLDR:\nCooling US inflation leads to a rotation out of big tech, Biden faces scrutiny over verbal stumbles, Kenyan President fires most of his cabinet.\n\n### Key Points:\n1. US equities slump after lower than expected CPI prints, with heavy selling in tech stocks.\n2. President Biden vows to seek reelection despite concerns about his mental acuity.\n3. Kenyan President William Ruto dismisses most of his cabinet after protests against a controversial tax plan.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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