Closing Bell: Stocks scream higher, Amazon sits out the rally, Musk’s impact on Twitter advertisers 10/28/22
Stocks rallied hard, capping off a solid week of gains, even in the face of more uncertainty surrounding big tech. Adam Crisafulli from Vital Knowledge explains why there are now two markets that you should be watching. Jeff DeGraaf from Renaissance Macro Research breaks down his call for a “FOMO” rally into year-end. CFRA’s Arun Sundaram discusses the trade on Amazon following that stock’s pullback on earnings. Ad industry titan Sir Martin Sorrell talks about what Elon Musk’s ownership of Twitter means for advertisers. Plus the latest on Meta, Intel, and earnings from big oil.
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