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.
Chris Lafakis, Director at Moody's Analytics, discusses how home insurance may change as a result of the devastation in California brought on by the LA fires.
Brian Rosen, Founder and CEO of InvestBev, discusses what the Surgeon General’s new Advisory on Alcohol and Cancer Risk means for the adult beverage business.
Damage from the Los Angeles inferno is setting records—and it's not over. Plus, rate-cut drama, the battle over Greenland, and Zuckerberg bends the knee.
Watch Duty CEO, John Mills, talks to Cheddar about how the app works, how it helps people in real time and how people can donate to help those affected.
JP Richardson, CEO at Exodus, discusses bringing Exodus public, his thoughts on the future of crypto markets, and tips to take the first steps into the space.
Jonathan Alter, journalist and author, discusses Trump's threats to take back the Panama Canal, unraveling foreign policy work done by Jimmy Carter in 1978.
