EPISODE · Oct 26, 2022 · 24 MIN
Wall Street seems to shrug off disappointing results from Spotify, Microsoft, and Alphabet
from Stock Market Observation · host Jacob Lee
Ep. 117: Spotify stock falls 7% after they reported a third-quarter loss that was wider than analysts were expecting. Microsoft stock falls 6% with reporting on softer cloud revenue and they also gave weaker quarterly guidance. Finally, Alphabet misses on earnings as there are reports that YouTube will shrink and Alphabet is also feeling the pain in ad revenue from the cryptocurrency world as well.
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Wall Street seems to shrug off disappointing results from Spotify, Microsoft, and Alphabet
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