The Rundown Uber Shares Fall on Weak Outlook, Google Reports Growing Pains for Cloud Business
15 snips
Feb 5, 2025 The podcast dives into the latest twists in the stock market, highlighting how the U.S.-China trade war is impacting major tech players. Apple grapples with tariffs while Google faces revenue growth challenges. Meanwhile, Uber's forecast struggles raise eyebrows. Plus, there's excitement around Apple's new Invite app, designed to simplify event planning, which integrates seamlessly with iCloud Plus and works for both Apple and Android users. A rollercoaster ride through tech and finance!
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Google's Cloud Growth Slows
- Google shares fell after reporting slower cloud revenue growth, missing Wall Street estimates.
- Investors may be wary of high CapEx spending on AI, despite Google's ambitious plans.
Disney's Streaming Success
- Disney's streaming services turned a profit, exceeding Wall Street projections, thanks to Moana 2's box office success.
- Despite positive earnings, Disney's stock dipped, possibly due to investor expectations.
Snap's Stock Rollercoaster
- Snap's stock initially rose after exceeding earnings expectations but quickly reversed, ending down.
- This volatility demonstrates the unpredictable nature of the stock market.