In this episode, we break down the latest financial news in focus this week:

Tesla's shares plunge after missing earnings for the fourth quarter in a row, despite record revenue. Meanwhile, Alphabet shines with a strong performance in cloud services, surpassing revenue expectations.

French bank, BNP Paribas reported a record second-quarter profit driven by a surge in equities, while Deutsche Bank struggled with a loss due to weak trading results and legacy issues.

We look at how the market reacted to US President Joe Biden withdrawing from the election race and what a Trump victory may mean for markets.

Tune in for a concise and insightful look at these key financial stories!

*****

Are you a student interested in a career in finance? Try our free Markets Finance Accelerator in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator

Hosted on Acast. See acast.com/privacy for more information.

The Trading Floor: Tesla's Earnings Drop, Alphabet's Cloud Success and Biden Steps Down