Facebook reports earnings after the bell on Wednesday and all eyes are on its changes to the News Feed. Jeff Tomasulo, CEO at Vespula Capital and Jason Moser, Analyst at The Motley Fool join The Long and The Short to discuss.
The billion dollar question is whether or not the new News Feed will impact ad dollars. Facebook CEO Mark Zuckerberg admitted that because of changes to the News Feed he expects the time people spend on Facebook and some measurements of engagement to go down. Tomasulo says the stock is up 34% in the last 12 months, yet you have CEO who's looking to change the company's main revenue stream. It worries investors and they are going to be looking for guidance this upcoming earnings report.
Plus, what is the fate of WhatsApp and Messenger? Facebook spent a lot of money on the acquisition of WhatsApp and investors are wondering where the product stands. Moser says Facebook is trying to pivot away from the spotlight of "fake news" and more toward the reason people use its platforms: to connect.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
It’s a chicken-and-egg problem: Restaurants are struggling with record-high U.S. egg prices, but their omelets, scrambles and huevos rancheros may be part of the problem. Breakfast is booming at U.S. eateries. First Watch, a restaurant chain that serves breakfast, brunch and lunch, nearly quadrupled its locations over the past decade to 570. Fast-food chains like Starbucks and Wendy's added more egg-filled breakfast items. In normal times, egg producers could meet the demand. But a bird flu outbreak that has forced them to slaughter their flocks is making supplies scarcer and pushing up prices. Some restaurants like Waffle House have added a surcharge to offset their costs.
William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
Jeff Benedict, author of 'The Dynasty,' weighs in on the Kansas City Chiefs being the next big dynasty, who he thinks will win Super Bowl LIX and more. Watch!
