Bloomberg Market Wrap 7/24: Tech Stocks, Chipotle

Bloomberg Market Wrap 7/24: Tech Stocks, Chipotle

Assessment

Interactive Video

Business

University

Hard

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The video discusses the record highs in tech indices like NASDAQ and S&P 500, driven by technology stocks, particularly chips. It highlights the performance of companies like Texas Instruments and Teradyne, and anticipates reports from major firms like Facebook and Tesla. The analysis includes a look at the NASDAQ 100's uptrend and RSI indicators. Additionally, Chipotle's impressive sales growth and record performance are attributed to digital delivery and marketing strategies.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did big tech face last year that could have affected their stock performance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the RSI indicate about the momentum of the stock market?

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