Closing Bell: Winning Streak Ends, Tech Tumbles and Hilton CEO On Travel 10/26/22
The S&P 500 snapping a 3-day win streak following disappointing earnings from tech giants Alphabet and Microsoft. Wedbush's Sahak Manuelian and Citi's Scott Chronert discuss how investors should trade tech stocks ahead of earnings from Meta, Amazon & Apple. Elevation Partners' Roger McNamee, who was an early investor in Facebook, explains why he doesn't think Meta's strategy for the metaverse will work. Bank of America Securities' Ron Epstein on whether Boeing's big post-earnings sell off is a buying opportunity. Hilton CEO Chris Nassetta discusses whether concerns about the economy and inflation are starting to impact consumer spending on travel. And U.S. Trade Representative Katherine Tai discusses whether the White House could cut tariffs against China to help ease inflation.
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.