Motley Fool Money Softness Ahead for Ads and Consumer Spend?
Oct 27, 2023
Joining the discussion are Jason Moser and Emily Flippen, both Senior Analysts at Motley Fool, alongside bestselling author Michael Lewis, known for his insightful finance books. They dive into big tech trends, analyzing earnings from Amazon, Microsoft, and Alphabet amid a slowing digital ad market. Visa and Mastercard's earnings suggest potential consumer spending dips. Lewis shares fascinating insights from the FTX trial, tackling leadership dynamics and the risky nature of investments. The spotlight also turns to Spotify's impressive year and tech stocks like Masimo and Okta.
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Big Tech Earnings Trends
- Big tech earnings showcased trends in cloud spending and advertising.
- Amazon, Microsoft, and Alphabet demonstrated the impact of these sectors.
Amazon's Positive Q3
- Amazon's Q3 results were positive, driven by AWS and advertising growth.
- Restructuring efforts in their fulfillment network also contributed positively.
Alphabet's Cloud Slowdown
- Alphabet's cloud business growth slowed, impacting its share price.
- However, ad sales remained strong, reflecting overall market sentiment.
