Twitter's Gift To Competitors

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The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 14 November 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Social media companies selling advertising have been handed an unexpected gift (if they're able to take it). (0:21) Jason Moser discusses: - Disney's historic win at the box office this weekend being overshadowed by the specter of layoffs - CEO Bob Chapek's metric for success in 2024 - Eli Lilly falling victim to a prank on Twitter and pulling its ad business in response - How Snap, Facebook, and Instagram need to take advantage of their sudden opportunity (11:35) Jason and Matt Frankel take a closer look at the returns that safe investments are offering. Companies discussed: DIS, AMZN, LLY, META, SNAP Host: Chris Hill Guests: Jason Moser, Matt Frankel Producer: Ricky Mulvey Engineers: Tim Sparks, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	And Entertainment Company won the weekend and a social media company just lost a major
0:10.0	advertiser.
0:11.0	Motley Fool Money starts now.
0:18.0	I'm Chris Hill joining me today.
0:19.6	Motley Fool's Senior Analyst Jason Moser.
0:21.4	Thanks for being here.
0:22.6	Howdy, howdy.
0:23.6	Let's start with Disney, shall we?
0:25.7	The weekend box office for Black Panther Wakanda Forever was, it was huge.
0:31.9	It was a 180 million here in the US, 330 million globally.
0:36.2	It's the second largest opening of the year for a film.
0:41.4	And that's largely been overshadowed by the news that we got late Friday.
0:47.4	The reports of a memo that CEO Bob Chepek sent to division leaders outlining a targeted
0:54.4	hiring freeze, they're going to start limiting travel and eventually they're going to be
0:58.5	staff cuts.
1:00.2	And Chepek said they're going to have to make some tough and uncomfortable decisions.
1:07.2	I don't think either you or I are surprised by this.
1:10.5	Are we?
1:11.5	No, no, definitely not.
1:12.9	And I mean, yeah, congratulations to the to Black Panther showing.
1:17.3	I mean, that not surprising at all there.
1:19.9	It helps.
	...

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