What’s News in Markets: Tech Winners and Losers, Fed Fallout, Taco Bell Rebound
Summary
This episode reviews a volatile week driven by Fed rate hike expectations, tech earnings, and restaurant IPOs. Microsoft and Amazon surged on strong results, while Meta and Apple faced significant market cap losses. Jersey Mike’s debuted with a post-IPO dip, and Yum! Brands recovered from a Taco Bell health scare. Additionally, Universal Music Group shares plummeted on disappointing earnings.
Topics discussed
ReliaQuest ad and podcast introduction
Market overview: Fed rates and stock indices
Tech stocks: Microsoft, Meta, Amazon, and Apple
Restaurant IPOs and Taco Bell's recovery
Universal Music Group earnings decline
Credits and sign-off
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