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Tech and Finance Shift - Just My View with Andrew O'Donnell

Tech and Finance Shift - Just My View with Andrew O'Donnell

Duration 9m

Tech and finance sectors experienced notable shifts: Apple ended its credit card partnership with Goldman Sachs, while Berkshire Hathaway faced the loss of Charlie Munger. Automaker General Motors announced a $10 billion buyback, and Hewlett Packard Enterprise beat profit estimates despite macroeconomic challenges. Nio and Zhejiang Geely collaborating on battery swapping technology. Nomura Holdings announced cost cuts amidst financial restructuring, while Power Nickel raised concerns over potential illegal short selling. Global events like COP28 and advancements in nuclear power signified a shift towards sustainable energy sources. Bitcoin continued its rally, prompting speculation around the BlackRock ETF. Policy discussions focused on EV supply chain challenges, highlighted by Argentine Lithium and Energy's deal with Stallantis and First Phosphate's MOU with Sun Chemical Corporation for lithium iron phosphate development, potentially revolutionizing capex strategies.