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SQUAWK BOX, FRIDAY 30TH OCTOBER, 2020

SQUAWK BOX, FRIDAY 30TH OCTOBER, 2020

FromSquawk Box Europe Express


SQUAWK BOX, FRIDAY 30TH OCTOBER, 2020

FromSquawk Box Europe Express

ratings:
Length:
29 minutes
Released:
Oct 30, 2020
Format:
Podcast episode

Description

It’s a big day for U.S. tech earnings. Alphabet Q3 numbers soar past expectations after advertising revenue bounced back following its first ever quarterly decline. Apple also beats analysts’ expectations but investor reaction is muted on a lack of guidance and disappointing iPhone sales. Amazon shares see-sawed wildly in extended trading yesterday with stocks initially up on the online retail giant’s 40 per cent Q3 revenue hike. However, they swung into the negative on news of $4bn of virus-related cost-cutting. Meanwhile, Facebook reports a boost in ad sales, but a drop in North American users keeps sentiment flat. Twitter also sees a dip in user growth while revenue came in better than expected.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 30, 2020
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.