Geriatric Despot
Armstrong & Getty On Demand
iHeartPodcasts
4.6 • 3.5K Ratings
🗓️ 3 February 2022
⏱️ 38 minutes
🧾️ Download transcript
Summary
Hour 3 of Thursday's A&G features Icebergs, Ducks, and Sex Scandals. Scandal in the VR world. China is willing to pay American businesses to produce positive media about the country and Olympics. Mask mandates at the Super Bowl and more.
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Transcript
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| 0:00.0 | the |
| 0:09.6 | from the Abraham Lincoln radio studio at the George Washington |
| 0:13.4 | broadcast center |
| 0:14.9 | that are strong |
| 0:16.0 | and show getty arm strong and getty show |
| 0:19.0 | the company that owns Facebook Instagram and what's app saw its stock |
| 0:26.5 | plunge after hours today shares in meta dropped after unexpectedly heavy |
| 0:31.7 | spending on its metaverse project led to a rare decline in its fourth quarter |
| 0:36.2 | profit |
| 0:37.0 | that a shares fell twenty two point six percent |
| 0:39.9 | to two hundred and forty nine dollars and ninety cents in after hours |
| 0:42.9 | trading |
| 0:43.6 | if the drop holds until the market opens again on thursday |
| 0:47.2 | the company's market capitalization its overall value |
| 0:50.8 | is on track to fall by nearly |
| 0:53.4 | two hundred billion dollars |
| 0:56.1 | well that's a story of some yesterday from john roperts if it holds it did hold |
| 1:00.4 | met a stock plummeted more than twenty three percent in trading thursday |
| 1:04.0 | today dropping to about two hundred forty seven dollars per share |
| 1:07.0 | and it did wipe out two hundred billion dollars of its market value that's a lot |
| 1:11.7 | whoo things go up and down |
| 1:13.8 | but a two hundred billion dollar drop is a lot and what's driving it is um |
... |
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