Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editor
Snap Warning Drags Tech Stocks Down
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. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
May 24, 2022