Facebook Earnings Crush, But Can It Sustain Momentum?
Emily Bary, reporter for MarketWatch, gives us her thoughts on Facebook's latest earnings report that saw earnings per share beat, but daily users on the platform drop because of a shift away from viral videos.
We talk about whether advertisers will stick around as the platform turns its focus to friends and family posts and away from publishers. Bary also weighs in on Amazon's upcoming release of its quarterly earnings. How much will the Whole Foods acquisition and holiday sales affect revenue? Overall, analyst expectations are positive.
Gas prices are expected to rise ahead of Labor Day weekend, with millions of people hitting the road and Hurricane Ida disrupting the nation's oil and gas industries. Chris Williams, CEO of CW Petroleum Corp, joined Cheddar to discuss the rise and fall of gas prices, plus what his company plans to do to adapt to the uptick in electric vehicles.
