Shares of starbucks down seven % on friday. Fourth quarter revenue got hit by lower sales in china, and earnings guidance for 20 22 was lower than what wall street wanted to see. In part because c eo keven johnson said the company plans to raise wages twice next year. Y i, i think this is just the market showing ets its impatience.
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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