Meta Rallies on Earnings Beat, Moderna Tanks After Slashing Guidance

The podcast kicks off with a stock market rebound, spotlighting Nvidia's soaring market cap and the Fed's latest interest rate decisions. Meta is making waves with strong Q2 earnings and shifts its focus from the metaverse to AI innovations, like the LLaMA 3.1 model. In a surprising earnings twist, Carvana experiences a profit surge while Moderna faces setbacks after slashing its sales forecasts. Plus, there’s a fun fact about Mark Zuckerberg and buzz about upcoming earnings from Apple and Amazon.