Huge week of earnings & Sony bites back!

What does Steve W think about the situation in the Ukraine? Find out in this week’s Playing FTSE Podcast!  

In an exciting week in markets, we kick off with a game from Steve W. The man has a one-track mind for Tesla and is in awe of the sheer size of Elon Musk’s... company. So this week’s game involves Paul and Steve D trying to guess whether collections of other well-known companies together have a bigger market cap than Tesla. Is Tesla bigger than all our favourite REITs? Find out as we play!  

There’s loads of interesting stories, too. After the game, we talk about Sony buying game developer Bungie, following on from Microsoft’s proposed acquisition of Activision Blizzard. Paul and Steve D talk about their gaming history and the relative strengths of each acquisition. Paul tells us why he’s playing arbitrage on ATVI ahead of the Microsoft deal and Steve W thinks about the valuation and whether or not this is a sign of panic from Sony.   

The rest of our show is a huge, Huge, HUGE earnings rundown. The Steves have been watching the earnings reports this week closely and they’ve been paying attention to what you need to know about loads and loads of companies. If you’ve been taking your eye of the earnings ball or been focused on the big moves from Paypal, Alphabet, Meta, and Amazon, then the Steves have something to get you on track. Along the way, we have a deep dive into Paypal and Alphabet, where Steve D tells us about how Alphabet has overcome its enormous size to put up some big numbers and Paul tells us of his bewilderment at Paypal’s weak earnings. And yes—we talk about the stock split. Steve W’s not a fan.  

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