Why Facebook (FB Stock) is the worst earnings report we've ever seen [Video]
Premium|Take advantage of 50% OFF on your first month.
Start your subscription and get access to all our original articles.
You have reached your limit of 5 free articles for this month.
Get Premium without limits for only $9.99 for the first month
Access all our articles, insights, and analysts.
UNLOCK OFFERIn this episode of the Market Maker podcast, Piers and I delve into some of the important new stories this week from mega-cap tech earnings to central bank decisions and even a quick word on the incredible Rafael Nadal!
First up for debate is Meta (Facebook) whose shares collapsed following their latest earnings report. The reaction was compounded by a number of factors, not just the top-line figures. We discuss user figures, platform, regulatory threats, expenses, increasing competition, and what the future holds for the once-dominant social network company.
Alphabet (Google) and Amazon also released their latest numbers this week which were met with a much more favorable reaction on Wall Street. We explain the mechanics and rationale behind Google's 20-for-1 stock split and question whether Amazon's initial positive reaction is the correct one.
Finally, we talk about the Bank of England, who executed its first back-to-back increase in interest rates since 2004. More importantly, we examine the breakdown of the Monetary Policy Committee (MPC) where four members actually opted for a more aggressive 50bps increase to the base rate. What were they thinking, why are they worried and what does this mean for the UK consumer and the broader marketplace.
In this episode of the Market Maker podcast, Piers and I delve into some of the important new stories this week from mega-cap tech earnings to central bank decisions and even a quick word on the incredible Rafael Nadal!
First up for debate is Meta (Facebook) whose shares collapsed following their latest earnings report. The reaction was compounded by a number of factors, not just the top-line figures. We discuss user figures, platform, regulatory threats, expenses, increasing competition, and what the future holds for the once-dominant social network company.
Alphabet (Google) and Amazon also released their latest numbers this week which were met with a much more favorable reaction on Wall Street. We explain the mechanics and rationale behind Google's 20-for-1 stock split and question whether Amazon's initial positive reaction is the correct one.
Finally, we talk about the Bank of England, who executed its first back-to-back increase in interest rates since 2004. More importantly, we examine the breakdown of the Monetary Policy Committee (MPC) where four members actually opted for a more aggressive 50bps increase to the base rate. What were they thinking, why are they worried and what does this mean for the UK consumer and the broader marketplace.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.