Fasten Seatbelts For Tech Volatility

Dan Ives, Managing Director, Wedbush Securities

06-Sep-24 07:30

Pause
Embed

Shares around the world fell on Wednesday, pummelled by a drop in tech stocks following a record sell-off of Wall Street darling Nvidia. Analysts cited a confluence of factors behind the rout, which also impacted Asian and European tech stocks. Is this recent sell-off merely a temporary market correction, or has the Magnificent Seven reached its peak? For more analysis, we’ll be speaking with Dan Ives, Managing Director at Wedbush Securities.

Image Credit: shutterstock.com

Produced by: Natalie Tan

Presented by: Shazana Mokhtar, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: markets, technology

Tags: magnificent seven, nvidia, us tech sector,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) We explore the move from “prime time” to “scroll time” with Amin Ashaari, Co-Founder of SoyaCincau.

12:00 PM

Just For Kicks

(REPEAT) After the North London Derby, Arsenal will now have to face Liam Rosenior's Chelsea. Will they pass this test? Our pundits share their thoughts and look ahead to the weekend's games.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Michael Gong and Sudais Ferhard get together to talk about Nostradamus, revenge of the nerds and Seedance videos that are wildly popular now.

2:00 PM

Ringgit & Sense

(REPEAT) Yuvarajan Periyan, licensed financial planner and co-founder of Uno Advisers talks about 'Pig Butchering' scams.

2:30 PM

The Property Show

(REPEAT) Datuk Ho Hon Sang, REDHA President discusses Malaysia’s resilient property market and 2026 outlook.

3:00 PM

Best of The Bigger Picture

(REPEAT) We often hear about neighbourhoods being evicted, houses being torn down and communities organising against the state government or private developers. In this episode, we discuss the politics of eviction in Malaysia.

4:00 PM

Best of Evening Edition

(REPEAT) A Skeptic’s Take on the Epstein Files

5:00 PM

BBC World Service

The Life Scientific speaks to neuropsychologist Professor Julia Simner, who runs the Multisense lab at the University of Sussex and has pioneered research into understanding how special brains process our sensory world in special ways.

PROGRAMMES