Episode Details

Back to Episodes

Microsoft & Meta Push Stocks Lower

Episode 115 Published 2 years ago
Description

MRKT Matrix - Thursday, October 31st

  • S&P 500 tumbles for a second day, dragged lower by Microsoft and Meta (CNBC)
  • Wall Street remains confident on Microsoft’s AI story despite weak guidance. Some say to buy the dip (CNBC)
  • Meta Warns of Worsening AI Losses After Sales Narrowly Beat (Bloomberg)
  • Uber Issues Muted Holiday Forecast as It Hits Record Profit (Bloomberg)
  • Super Micro’s $50 billion stock collapse underscores risk of AI hype (CNBC)
  • Comcast is exploring separation of cable networks business (CNBC)
  • Key US Inflation Gauge and Spending Pick Up in Solid Economy (Bloomberg)
  • US Jobless Claims Fall to Five-Month Low as Storm Impact Fades (Bloomberg)
  • China Economy Picks Up on Stimulus Push Ahead of US Election (Bloomberg)


---

Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe


MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets


Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us