Visa's fourth quarter profits came in higher than expected, but guidance for 20 22 was a bit low. Justice of justice department watching visa. Financial incentives offered to square stripe and pay pal. The probing of visas deals prevented those payment firms from using other card networks or money movement technologies.
Microsoft becomes the world’s most valuable company. Amazon and Apple deal with supply chain issues. Alphabet rises on (what else?) strong ad sales. Visa gets a visit from the U.S. Department of Justice. Facebook changes its name to Meta. Atlassian hits a new all-time high.
Ron Gross and Jason Moser analyze those stories, discuss the latest earnings from Starbucks, McDonald’s, Shopify, Twilio, and share two stocks on their radar: Asana and Teladoc Health.
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