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Meta Misses, Shopify Stabilizes

Oct 27, 2022

Andy Cross, Chief Investment Officer, shares his insights on the troubling financials of Meta Platforms, particularly its skyrocketing R&D costs and operating margins. He discusses Shopify's surprising revenue uptick despite market challenges. Scott Ford, CEO of WestRock, reveals how their coffee company is serving 20 million cups daily while focusing on social responsibility and supporting local farmers through a transparent supply chain. Both guests provide a fresh look at the ever-evolving landscapes of tech and consumer goods.

28:15

Creator website

Episode guests

Scott Ford

Andy Cross

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Episode notes

Intro

4min

Shopify's Q3 Performance and Future Prospects

5min

Comcast's Q3 Financial Growth Amid Challenges

5min

Brewing Change: Westrock's Journey

9min

Navigating the Coffee Commodity Landscape for Quick Service Restaurants

6min

On a day when Shopify and Comcast gave shareholders reasons for hope, Meta Platforms slid to its lowest level since 2016.

(0:21) Andy Cross discusses: - Meta's worrisome R&D spending metric - Low expectations helping to fuel Shopify's rise - Comcast beating tough quarterly comps, thanks in part to the Minions

(13:41) Ricky Mulvey talks with Scott Ford, CEO of WestRock, a "brand behind the brands" coffee business serving up 20 million cups a day.

Companies discussed: META, SHOP, CMCSA, WEST

Host: Chris Hill Guest: Andy Cross, Scott Ford Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl

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