Chipotle's third quarter profits came in higher than expected, but customer visits fell and shares of the burrito company down a bit this week. Sales were up 14% for the quarter, $2.2 billion; that was driven by a 7.6% comp versus a year ago. In-store sales grew by 22% digital sales represented 37%. And hey, man, they make good food.
The biggest tech companies reported this week, but it was Apple that shined the brightest.
(0:30) Jason Moser and Matt Argersinger discuss: - The diversity and strength of Apple's business lines - Slowing growth in Amazon Web Services - Meta Platforms hitting its lowest point in 6 years - Ford Motor's demonstration of fiscal discipline - The latest from Alphabet, Microsoft, and Visa
(19:15) Jason and Matt continue the earnings analysis and discuss: - ExxonMobil and McDonald's hitting new highs - Chipotle's plans for growth - Surprisingly strong weeks for Teladoc Health and Intel - Overrated and underrated Halloween candy - Two stocks on their radar: SiTime Corp. and Lennox International
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Stocks mentioned: AAPL, AMZN, META, GOOG, GOOGL, V, MSFT, F, XOM, TDOC, INTC, CMG, MCD, LII, SITM, TSM
Host: Chris Hill Guests: Matt Argersinger, Jason Moser Engineer: Dan Boyd
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