weak revenue and a big loss in the second quarter sent shares of roku down 25 % on friday, hitting its lowest point in more than three years. They are still trying to manage that balance of how do we please customers? How do we please the sellers? It still seems like it's a bit of a challengei think. S they raised their transaction feeth t they they charged sellers o six point five% versus five%. That wasa there was a lot of hubbaloo about that.
Apple, Microsoft, Alphabet, and Amazon provide a welcome lift to the market.
(0:30) Andy Cross and Ron Gross discuss: - The Fed raising interest rates and GDP contracting - Apple and Amazon surprising to the upside - Microsoft's cloud division delivering again - Shopify's relative attractiveness as a stock - Meta Platforms warning investors
(19:45) Andy and Ron discuss Chipotle's impressive ability to raise prices, as well as: - McDonald's stock closing in on a new high - The war on cash with Visa and Mastercard - Diageo wrapping up a strong year - The latest from Etsy and Roku - Unilever shutting down the Choco Taco - Two stocks on their radar: Masimo and NextEra Energy
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Stocks discussed on the show: AAPL, AMZN, MSFT, GOOG, GOOGL, SHOP, META, CMG, MCD, ETSY, ROKU, V, MA, DEO, UL, MASI, NEE
Host: Chris Hill Guests: Andy Cross, Ron Gross Engineer: Dan Boyd
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