Episode 77: Today, Ann examines Meta’s decision to slash the budget for its lagging metaverse operations and applauds the difficult move that’s right out of the playbook of another tech power player: Amazon. Then we look at two companies whose quarterly earnings didn’t wow markets today: why Snowflake is falling and Kroger shelved its automated grocery delivery plans. Finally, we sprint through headline-grabbing stories from iRobot, Dollar General and PVH.
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00:00 Welcome to Brew Markets Daily
00:00 $META’s $70B Reality Check
00:00 EARNINGS: $KR & $SNOW
00:00 Market Close
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