Tech’s Quarterly Tea Leaves & Hulu, Open for More Politics 7/27/22
Squawk Pod27 Jul 2022

Tech’s Quarterly Tea Leaves & Hulu, Open for More Politics 7/27/22

Microsoft and Alphabet both missed analyst expectations in quarterly financial results, pointing to “uncertainty” ahead. Investors were buoyed by certain metrics, though, and Wall Street anxiously awaits the rest of tech’s earnings results. Despite Walmart’s warning to the Street and inflation pressures on the consumer, Visa execs have assured investors that the company hasn’t seen any sign of a spending slowdown. Disney has announced that Hulu will begin accepting political issue ads in addition to political candidate ads. Axios reporter Sara Fischer discusses the details of targeting ads for streamers, and crisis manager Eric Dezenhall explores the risk-reward calculus for Disney and its fellow media giants. And, Twitter is asking shareholders to vote in September for world’s richest man Elon Musk’s bid for the company – which he says he won’t do. But, the continuing fallout from the Wall Street Journal’s reporting about Musk’s alleged affair with Sergey Brin’s wife is what has Joe Kernen asking “just what happened at Art Basel in Miami?”

In this episode:

Sara Fischer, @sarafischer

Eric Dezenhall, @EricDezenhall

Becky Quick @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @Andrewrsorkin

Klaire Odumody, @klairemarie


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