Wall Street seems to be staying away from tech stocks as Facebook reports quarterly results episode artwork

EPISODE · Oct 27, 2022 · 25 MIN

Wall Street seems to be staying away from tech stocks as Facebook reports quarterly results

from Stock Market Observation · host Jacob Lee

Ep. 119: Shell reveals plans to hike dividend after their quarterly profits more than double.  Swiss bank Credit Suisse's share plunged 14% due to third-quarter loss and bank strategic overhaul.  Mobileye jumps more than 37% in market debut after spinning out of Intel.  Facebook reported numbers and shares fall on weak fourth-quarter forecast and earnings miss.  This comes at a time when Wall Street is focused on ad revenue and Facebook is focusing on putting more money in the Metaverse.    

Episode metadata supplied by the publisher feed · Published Oct 27, 2022

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Wall Street seems to be staying away from tech stocks as Facebook reports quarterly results

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