Meta's earnings will be 'discouraging': Portfolio manager

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Luke Stone News

Microsoft,Winthrop Capital Management Portfolio Manager

Several of the Magnificent Seven tech giants, including Alphabet (GOOG, GOOGL), Tesla (TSLA), and now Microsoft (MSFT), have failed to impress investors...

and profit expectations. Luke Stone, Winthrop Capital Management portfolio manager, joins Catalysts to discuss this trend and why he anticipates"a discouraging print" from Meta Platforms' reported second quarter results, posting a net loss of $0.81 per share. However, the company saw growth in premiums, rising 8% year over year. Lemonade CEO Daniel Schreiber joins Wealth" to discuss the report.

Student loan borrowers may see some relief as the US Department of Education will be sending emails starting Thursday, August 1, specifying potential relief and opt-out opportunities. Wealth! Anchor Brad Smith breaks down what students, borrowers, and parents with federal student loans need to know about this anticipated relief plan from the Biden administration.

‘While we miss him more than words can express, we are at peace knowing he is finally home,’ a GoFundMe page readPolice on Merseyside have warned of more violence on the streets after rioters clashed with officers outside a mosque in Southport.Ryder Cup captain Keegan Bradley named assistant at Presidents Cup

PONTE VEDRA BEACH, Fla. — Ryder Cup captain Keegan Bradley will get some experience before leading the American team at Bethpage Black next year. Presidents Cup captain Jim Furyk picked Bradley to be an assistant in Canada this year.Pressure has been increasing to prevent members of Congress and their families from owning, buying or trading stock, after several lawmakers appeared to make big trades ahead of the COVID-19 pandemic.Big donors helped push Biden out.

 

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