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Empty seats? Concert giant Live Nation says ticket sales are actually at record levels.1:35 In the wake of online chatter about high-profile tour cancellations, Ticketmaster’s parent company said artists aren’t ditching shows any more than usual. Jersey Mike’s spent almost ‘zero dollars’ on digital marketing. That’s now changing.0:31 The CEO of the newly public sandwich chain says the company needs to be more proactive about reaching younger customers. Meta’s stock falls hard. Here’s why the company is in Wall Street’s doghouse.22:55 Meta’s spending on AI is ramping, and investors want proof that the company can make serious money in areas other than advertising. Why Microsoft’s stock soared to a historic gain after earnings22:24 The company’s cloud business is sporting impressive growth, and Microsoft expects to avoid heading into cash-burn mode as it spends up on AI. Implosion of Situational Awareness has Wall Street betting the bottom is in for the AI trade22:24 One of the wildest months in recent memory for the U.S. stock market is ending on yet another remarkable note: A highflying hedge fund run by an AI wunderkind in his mid-20s has apparently just been carried out on a stretcher. Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve21:20 Kevin Warsh insists the Federal Reserve will do whatever it takes to reduce U.S. inflation to its 2% target, but investors aren’t buying it. Micron, Sandisk and other chip stocks get major boosts in the wake of Microsoft’s earnings19:45 Microsoft is spending heavily on AI but is also taking a “responsible” approach to its financials, an analyst said. |
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