About this episode
Strong tech stocks push the Nasdaq to a fresh record high but Asian markets are in the red over Delta variant concerns in the region. In tech news, Facebook enters the trillion-dollar club, with shares soaring after a U.S. judge slaps down anti-trust suits from the FTC and 48 states against the social media company. Meanwhile, U.S. banks unveil around $2bn in quarterly dividends after passing the Fed stress test. We speak to ECB Vice-President Luis De Guindos who says the central bank will not suddenly end the PEPP as hawks have raised the prospect of winding down emergency measures. And an update on the IPO front as Softbank-backed Chinese grocery app Dingdong cuts its listing target by up to 70 per cent. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .