Transcript
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This is Scott Becker with the Becker Business, the Becker Private equity podcast. Today's discussion is Boeing, Nokia, President Trump, and Intel. So, so here's what's going on. First, Nokia, you know, the famous Scandinavian phone maker, jumped 23% yesterday as Nvidia decided that they're going to make an investment in Nokia. They're going to put about $1 billion into Nokia. This sent Nokia surging, which it's a name I think we've not heard in a long time. It used to be one of the great phone makers for those people my age that remember when Nokia was a great phone maker. Second, Boeing reported earnings and saw great growth in its revenues. It still has a big loss, still about a $5 billion loss, but its revenues grew by 30%. So things seem to be moving in the right direction after many years at Boeing. Third, President Trump, as usual, is on it, lambasting the Fed this week for not lowering rates quickly enough. Of course, the Fed's got an impossible job of fighting inflation when we're doing tremendous deficit spending. But God bless Fed Chairman Powell and God bless President Trump. Finally, fourth, intel jumped again yesterday. It's now up 107% year to date. Again, fascinating to see what's going on with Intel. Thank you for listening to the Becker Business, the Becker Private equity podcast, and you know, God bless America. Thank you very, very much.
