What Meta's Better-Than Expected Earnings Report Says About the Future
Meta just shared its latest earnings report and it was better than expected. Cheddar News senior reporter Michelle Castillo talked about what the report means for the Mark Zuckerberg-led company, particularly as ad-spending slows.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
