This chapter examines a large tech company's impressive 22% year-over-year revenue growth, surpassing analyst predictions. It provides insights into second-quarter figures and capital expenditures, showcasing how these align with investor expectations.
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Bloomberg News Contributor Jon Erlichman and Bloomberg News Social Media Reporter Aisha Counts break down Meta reporting better-than-expected sales for the second quarter, offering evidence that the company’s heavy investments in artificial intelligence are helping it sell more targeted and personalized advertisements. Nate Thooft, CIO at Manulife Investment Management and Bloomberg News Rates Reporter Michael Mackenzie discuss the impact of the Fed decision on the markets and the economy. Frank Sorrentino, CEO at ConnectOne Bank, explains what Fed policy means for banks and small businesses.
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