The big technology companies tike up a lot of the oxygen for all the obvious reasons. But you're someone who's been in this industry for more than 20 years, what is currently on your are right now? I think, vertical integration in the cloud and data centers and just how these business moleds are playing at. And i think we'll begin to see whether google or microsot can do that in a way that's better or more effective than amazon hasnd if they catch up to amazon when it comes to cloud.
Costco ends the fiscal year on a strong note. Nike struggles with global supply chain issues. Adobe posts record revenue. FedEx cuts full-year guidance. Stitch Fix surprises with a quarterly profit. Salesforce and Darden Restaurants hit new all-time highs. And Toast pops 50% on its first day of trading. Emily Flippen and Jason Moser analyze those stories and share two stocks on their radar: Coupang and Compass.
Plus, CNBC host Jon Fortt discusses the latest revelations about Facebook, what investors should know about new Amazon CEO Andy Jassy, and WeWork’s upcoming debut in the public markets.
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