Live Nation reported this week, revenue for the ticketing business hit 5.6 billion earnings per share came in at a dollar up 55% year over year. The number of events produced by Live Nation in a quarter actually fell about 2% to 12,241. But the number of fans intending rose 9% to 37 million. And then tickets sold, which is another part of the business, that climbed 7% to over 150 million tickets sold.
The earnings parade is on, and this quarter it pays to be in the black.
(00:21) Matt Argersinger and Emliy Flippen discuss: - The Fed’s latest rate hike and why another seems in the cards. - Why earnings updates ended epic runs for Chipotle and Spotify. - How big tech’s cost cutting is going.
(19:11) Bonus earnings coverage from Matt and Emily on Roku, Mastercard, Coca-Cola, and Live Nation.
(31:31) Emily and Matt break down two stocks on their radar: BorgWarner and Invitation Homes.
Stocks discussed: CMG, SPOT, META, GOOG, GOOGL, MSFT, ROKU, MA, KO, LYV
Host: Dylan Lewis Guests: Matt Argersinger, Emily Flippen Engineer: Dan Boyd
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