Snapchat falls 43%, Markets Rally, Layoffs Begin, Broadcom Acquires VMware for $61 billion

Starbucks exits Russia, hiring stalls, Snapchat gets hammered, and much more on This Week in Finance!  

May 19 - May 26

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00:00 Intro 

00:50 Markets 

02:35 Starbucks 

03:50 Layoffs 

05:55 Snapchat

09:35 Pepsi/NFL 

11:30 Consumers 

14:20 Broadcom 

16:50 John Deere  

17:50 Outro 

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Markets: https://www.cnbc.com/2022/05/25/stock-market-news-futures-open-to-close.html 

Starbucks: https://www.cnbc.com/2022/05/23/starbucks-will-exit-russia-after-15-years-closing-130-licensed-cafes.html 

Firing: https://www.cnbc.com/2022/05/23/klarna-to-lay-off-10percent-of-its-workforce-.html 

Snapchat: https://www.cnbc.com/2022/05/24/snaps-down-32percent-and-its-dragging-other-stocks-down-with-it.html 

NFL/PepsiCo: https://www.cnbc.com/2022/05/24/nfl-renews-sponsorship-deal-with-pepsi-but-without-super-bowl-halftime-show.html 

Consumers: https://www.cnbc.com/2022/05/24/bank-of-america-ceo-says-nothing-will-slow-us-consumer-from-spending-money.html 

Broadcom: https://www.cnbc.com/2022/05/26/broadcom-announces-plans-to-buy-vmware.html 

John Deere: https://investor.deere.com/home/default.aspx

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*These videos are for entertainment purposes only and are NOT financial advice*