Investors say "aye aye, sir" to AI

Segments From This Episode

• Tech companies report strong quarterly earnings

  by David Brancaccio

  Futures for the Nasdaq index, which hosts many technology stocks, are up sharply on Thursday morning. Susan Schmidt, portfolio manager at Exchange Capital Resources, says it's about software getting smarter and companies making actual money off of it.

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• Inflation picks up in June

  by David Brancaccio

  The central bank's favorite measure of inflation — the core rate of personal consumption expenditures — just came in hot for June, undermining the narrative a month earlier that inflation was tamping down. Diane Swonk, chief economist at the audit tax and advisory firm KPMG, joins us to discuss.

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