Robert Hoffman of Citi Private Bank says there’s likely to be a shift away from the “Magnificent Seven” stocks to the small-caps and mid-caps in the second half of the year.
Merve Hande Akmehmet, president of the Hologram Network, speaks to CNBC’s Dan Murphy about Turkish President Recep Tayyip Erdoğan’s visit to the Gulf Cooperation Council countries.
Mehvish Ayub of State Street Global Advisors says that although the U.S. Federal Reserve could breathe “a huge sigh of relief” after the June inflation print, core inflation is still “way above” its target of 2%.
Mercedes’ team principal Toto Wolff acknowledged that “we got the physics wrong” after new regulations were introduced last year. He said the team’s goal is to “come back and fight for the championship.”
Zhou Bo, senior fellow at Tsinghua University’s Center for International Security and Strategy and a retired officer of the People’s Liberation Army, discusses the outcome of U.S. Secretary of State Antony Blinken’s visit to Beijing, saying the relationship between the two countries has been on a downward spiral for some time.