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Midterms Madness, Meta Layoffs, Disney Slumps and the FTX Fallout Hits Crypto 11/9/22

Squawk on the Street

00:00

Is the Market Disappointed?

Whitney: There's a lot more news today that may have an impact on the market than this election. Mark Zuckerberg said, quote, at the start of COVID, the world rapidly moved online and the surge of e-commerce led to outsized revenue growth. Whitaker: I think what's up is $10 billion in sales? In revenues? It's a $10 billion revenue potential. And that's worth, you got to put some multiple on it.

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