EPISODE · Oct 31, 2024 · 38 MIN
Is big tech done carrying markets on their backs?
from The Financial Exchange Show · host The Financial Exchange Network
Chuck Zodda and Mike Armstrong discuss PCE inflation slipping to 2.1% annual rise, and moves closer to the Fed's target. Microsoft shares slip as forecast sparks concern about AI and cloud revenue. Meta reports record revenue, but slower digital advertising growth. Apple and Amazon take the spotlight in mixed week for big tech earnings.
What this episode covers
Chuck Zodda and Mike Armstrong discuss PCE inflation slipping to 2.1% annual rise, and moves closer to the Fed's target. Microsoft shares slip as forecast sparks concern about AI and cloud revenue. Meta reports record revenue, but slower digital advertising growth. Apple and Amazon take the spotlight in mixed week for big tech earnings.
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Is big tech done carrying markets on their backs?
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