Power Players with Brian Sozzi9 Aug 2024

Rate cuts vs. AI boom: the battle for investor attention

Is the US in a recession? Are businesses pulling back on transformation projects for fear of who wins the White House? And speaking of the White House, what is the aftermath internationally for businesses after a brutal election season cycle? Yahoo Finance Executive Editor Brian Sozzi chats with Cognizant CEO Ravi Kumar on the state of the world economy, especially in the United States with recession fears swirling. Kumar is also no stranger to the power of artificial intelligence. Kumar thinks AI will severely disrupt how business is done and by extension, the jobs market globally. The time is now for workers to get prepared for this transformational change. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at https://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Ravi Kumar joins Opening Bid 05:00-India as an emerging market 08:00-How geopolitical uncertainty effects tech and business 13:00-AI is slow to pick up but sharp to take off 19:00-Let's look at rate cuts Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Alexander Frangeskides and Rachael Lewis-Krisky. Ravi Kumar is the CEO of Cognizant focusing on success in the golden era of technology. Learn more about your ad choices. Visit megaphone.fm/adchoices

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