Meta on the Move After a Day That Hit Tech Stocks Hard, and Cracks in the Luxury Consumer 10/25/23
Oct 25, 2023•45 min
Episode description
Investors eyeing shares of Meta after its latest earnings report. The stock in action on a day the Nasdaq dropped more than 2%, and Alphabet saw its worst day in over three years. What the results mean for the state of mega cap tech. Plus luxury retailers feeling some pain, and it’s even taking a hit on payment stocks. What these moves say about the consumer and their ability to support the economy.
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