Alphabet Announces Layoffs, Netflix Surges on Q4 Subscriber Adds & President Biden’s Tech Scorecard 1/20/23

Our anchors begin today’s show with Big Technology newsletter author Alex Kantrowitz discussing Alphabet laying off 12,000 employees. Then, we break down Netflix’s Q4 earnings with our Julia Boorstin and Bank of America Managing Director Jessica Reif Ehrlich. Next, CNBC’s Kayla Tausche looks at tech regulations as we mark the halfway point of President Biden’s first term, and New Street Advisors Group Founder and CEO Delano Saporu shares his outlook for the broader economy. CNBC’s Dom Chu also delivers breaking news on Goldman Sachs’ consumer business facing a Federal Reserve investigation, and CNBC’s Steve Kovach reports on Apple’s plans to move chip production in-house. Later, CNBC’s Seema Mody breaks down the bullishness for dual-listed stocks as China reopens, with analysis from KraneShares CIO Brendan Ahern. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.