Meta's stock soars off of good earnings

The Financial Exchange Show - A podcast by The Financial Exchange Network

Categories:

Chuck Zodda and Mike Armstrong discuss the GDP report that shows a rise of 1.1%, below the 2% estimate. Inflation came in higher this quarter with PCE rising 4.2%. Meta's stock soared off the back of their quarterly sales increase, which was the first time that has happened in a year. House Republicans passed a bill proposing to raise the nations $31.4 trillion borrowing limit. Chuck and Mike discuss what happens when a mega-merger falls apart.