A Red Day For Regionals, Big Tech on Deck & The Fed’s Next Move 4/25/23
First Republic hemorrhaged deposits in the first quarter, and one guest says it’s now a battle of survival.
Does that mean hopes for a Fed cut this year are premature? David Zervos from Jefferies will weigh in.
Plus, Alphabet and Microsoft earnings are on deck. Will last quarter’s cost cuts be enough to fund their investments in AI?
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