EPISODE · Nov 4, 2022 · 26 MIN
Advertising is dropping and Warner Bros and Twitter are feeling it
from Stock Market Observation · host Jacob Lee
Ep. 128: Warner Bros Discovery reports underwhelming revenue and their streaming service is coming early. Twilio shares plunge 34% on light guidance. Sean "Diddy" Combs to acquire cannabis business for $185 million. Elon Musk has started laying off people at Twitter which is causing employees to sue Twitter. Finally, Elon Musk says Twitter has had a massive revenue drop as advertisers have paused their spending.
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Advertising is dropping and Warner Bros and Twitter are feeling it
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