Meta Shares Popping, First Republic's All-Time Low, and Southwest's Continued Headaches 04/27/23

Meta shares are popping after the company posted an unexpected increase in sales and issued better-than-expected guidance for the current period. Hargreaves Landsdown's Sophie Lund-Yates explains what this means for the remainder of tech earnings. Plus, First Republic shares are hitting an all-time low as the bank struggles to stabilize its balance sheet, overcome a massive withdrawal in customer deposits, and prevent any future runs. Financial Times' Stephen Gandel discusses the latest. And, the story for Southwest Airlines has been its operational nightmares in recent months. Citigroup's Stephen Trent breaks down the potential impact on its latest earnings report. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.