Snap Warning Drags Tech Stocks Down
May 24, 2022
34 min
Full
3,011 of 5,353
May 24, 2022
Snap Warning Drags Tech Stocks Down
0:00 / 34:16
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Bloomberg Originals Episodes Around May 24, 2022
Episode 3,011 of 5,353 — walk the feed in the order it was published.
34:16This episodeSnap Warning Drags Tech Stocks Down
Summary
<p>Bloomberg Intelligence Senior Technology Analyst Mandeep Singh discusses Snap plunging as much as 40% on Tuesday, dipping below its initial public offering price after the social media company cut its revenue and profit forecasts. Bloomberg News Economic Editor Molly Smith explains why US job jumpers reconsider and quit again months later. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Power and Renewable Energy Editor Will Wade provide the details of Will's Businessweek Magazine story US Consumers Face Summer of Power-Bill Pain as Heat, Gas Surge. Bloomberg News Retail Reporter Jordyn Holman covers Abercrombie slumping after a surprise loss and and outlook cut on inflation. And we Drive to the Close with Randy Watts, Chief Investment Strategist at O'Neil Global Advisors. <br />Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. </p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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