SOTS 2nd Hour: A Meta Disappointment, (Micro)Soft Results and Comcast Spins-off? 10/31/24
Squawk on the Street
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Market Reactions: Starbucks' Revenue Decline and Robinhood's Earnings Miss
This chapter examines the drastic declines in revenue and share price for Starbucks and Robinhood. Starbucks faces a notable 3% revenue drop and a 10% decrease in U.S. transactions, while Robinhood struggles with a disappointing earnings report despite record revenues due to high promotional costs.
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