Prices Falling, More Tech Layoffs
Description
As many expected, Microsoft announced the layoff of 5% of its employees.
(0:21 ) Asit Sharma discusses:
- The Producer Price Index falling 0.5%, much more than economists were expecting
- Microsoft's layoffs, and whether Alphabet will be next
- Why he's expecting more questions about layoffs this earnings season, but also more talk of where companies are investing
(9:25 ) Is Lululemon Athletica facing short-term headwinds or long-term challenges? Ryan Henderson and Jamie Louko go head to head in our latest Bull vs. Bear debate!
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Stocks discussed: MSFT, CRM, AMZN, GOOG, GOOGL, LULU, NKE
Host: Chris Hill
Guest: Asit Sharma, Ryan Henderson, Jamie Louko
Producer: Ricky Mulvey
Engineer: Rick Engdahl