The 7investing Podcast Twitter Spaces 11/01/22: What Will Big Tech's Earnings Mean for the Market?
This earnings season has been a terrifying time for Big Tech. Google (NASDAQ: GOOGL), NVIDIA (NASDAQ: NVDA), and Amazon (NASDAQ: AMZN) are all facing significant organizational challenges while also facing constant pressure from the market to be more efficient.
What are these Big Tech executives to do? Some CEO's and CFO's are making difficult decisions about which growth programs to cut, while other companies, such as Meta (NASDAQ: META), are doubling down on their commitment to growth, specifically in their focus on the metaverse. Yet other companies, like Snap (NYSE:SNAP) that are more exposed to cyclical markets such as advertising, are completely overhauling and reorganizing.
Which method will prove to be more effective?
Join 7investing Lead Advisors Simon Erickson and Luke Hallard for a recorded Twitter Spaces conversation from November 1st as the two discuss what big tech's earnings will mean for the market. Simon and Luke also discuss (at the time of the recording) Airbnb's (NASDAQ: ABNB) upcoming earnings, as well as Elon's official purchase of Twitter.
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