The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, weighing on stocks as Wall Street banks kicked off the earnings season. In a renewed bout of weakness, a closely watched gauge of semiconductor powerhouses extended its plunge from a June record, while concerns linked to artificial intelligence propagate across sectors. Meantime, New York Fed President John Williams said he still sees one more interest-rate hike as appropriate this year.

On today's episode:
Herman Chan, Bloomberg Intelligence Senior US Banks Analyst
Mamadou-Abou Sarr, Founder & President at V-Square
Gautam Mukunda, Bloomberg Opinion Columnist
Natalia Emanuel, New York Fed Economist

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> A selloff in&nbsp;chipmakers&nbsp;deepened on concerns about the sustainability of the artificial-intelligence trade, weighing on&nbsp;stocks&nbsp;as Wall Street&nbsp;banks&nbsp;kicked off the earnings season. In a renewed bout of weakness, a closely watched gauge of&nbsp;semiconductor&nbsp;powerhouses extended its plunge from a June record, while concerns linked to artificial intelligence propagate across sectors. Meantime, New York Fed President&nbsp;John Williams&nbsp;said he still sees one more interest-rate hike as appropriate this year. On today's episode:
<ul>
<li>Herman Chan, Bloomberg Intelligence Senior US Banks Analyst</li>
<li>Mamadou-Abou Sarr, Founder &amp; President at V-Square</li>
<li>Gautam Mukunda, Bloomberg Opinion Columnist</li>
<li>Natalia Emanuel, New York Fed Economist</li>
</ul>

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Bank Earnings Begin as Traders Digest Fed Speak

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ebc4de01-77cf-414f-9c6d-b4e2015ef60a/transcript