E*TRADE Generation Trader: Preview of Facebook Earnings
Cheddar's "Generation Trader" series highlights the most compelling business stories that are moving the market, while utilizing E*TRADE's innovative trading platform. In this episode, Anchors Hope King and Baker Machado preview what to expect for Facebook earnings this week.
The company has faced scrutiny over Russian groups using its platform to meddle with the 2016 elections. In a written statement to the Senate Intelligence Committee just las week, Facebook said events from one Russia-linked troll group reached 300,000 Facebook users.
Earlier this month, Facebook announced changes to its algorithm of its newsfeed to prioritize posts from friends, and family over media publishers. This sent shares down on January 12. Facebook stock has recently rebounded, and is up about 10 percent over the past six months.
Chris Versace, CIO at Tematica Research, joins to discuss earnings season trends, Flash PMI signals, Walmart’s strategy updates, and Nike’s evolving outlook.
Andrew Nusca, Editorial Director at Fortune, dives into WhatsApp’s first-ever ads rollout —and how Meta’s ad push intensifies its showdown with OpenAI.
Ben Geman, Energy Reporter at Axios, joins to discuss the latest Middle East tensions, Brent crude price swings, and why gas prices aren’t falling with oil.
Al Root, Associate Editor at Barron's, joins to discuss Tesla’s robotaxis going live in Texas—what it means for autonomy, safety, and the EV race ahead.
Dena Jalbert, M&A expert and CEO of Align Business Advisory Services, on the state of U.S. M&A: deals worth $1–$10 billion (including debt) are surging.