logo
episode-header-image
Feb 2022
9m 47s

Facebook's fall hits markets

Financial Times
About this episode

Wall Street stocks slumped on Thursday after disappointing earnings reports in the technology sector from Facebook parent Meta, Turkey and Ukraine signed a deal to deepen defence co-operation in defiance of warnings from Moscow, and Olympics sponsors are accused of ignoring the plight of China’s Uyghur Muslims. The FT’s Andrew Edgecliffe-Johnson talks about the pressure on companies and how they are responding. 


Mentioned in this podcast:

Amazon shares surge on Prime price rise and boost from cloud division

Beijing Olympics: the new front line in the US-China cold war

Erdogan visit to Ukraine tests complex ties with Putin 

US stocks dragged lower by downbeat tech earnings


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. 


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Germany’s pension crisis
US President Donald Trump said he was firing Federal Reserve governor Lisa Cook, shares in Ørsted plunged after the Trump administration halted one of the Danish wind farm developer’s almost-completed projects, and Elon Musk’s xAI has sued Apple and OpenAI alleging they broke ant ... Show More
10m 40s
Yesterday
Jerome Powell triggers market bets on a September rate cut
Jay Powell signalled a monetary policy shift during a high-profile Jackson Hole speech last week, and European investors are pouring money into new air defence technology. Plus, Spanish bank Santander is seeking to become a big player in Wall Street’s Spac market. Mentioned in th ... Show More
11m 49s
Aug 22
The return of ‘pump and dump’ stock scams
EU officials are accelerating plans for a digital euro, and the US Department of Justice has called for Federal Reserve governor Lisa Cook to be removed from her post. Plus, investors lost billions of dollars in July in what could be pump and dump stock scams. Mentioned in this p ... Show More
11m 4s
Recommended Episodes
Oct 2022
Elon Musk Twitter deal back on in surprise u-turn
Billionaire Elon Musk has made a surprise u-turn, confirming his plans to move forward with purchase of Twitter. Molly Roberts, from the Washington Post tells us what she thinks about this announcement. We also find out how the markets reacted to the news. A new investigation led ... Show More
26m 54s
Jul 2022
Money Talks: TikTok’s ticking time bomb
It’s the fastest growing app in the world, filled with dance trends, cats misbehaving, and questionable financial advice. Teenagers love it; Western politicians are less convinced. Could TikTok’s popularity be its downfall? This week, hosts Mike Bird, Alice Fulwood and Soumaya Ke ... Show More
37m 28s
Jul 2022
Money Talks: TikTok’s ticking time bomb
It’s the fastest growing app in the world, filled with dance trends, cats misbehaving, and questionable financial advice. Teenagers love it; Western politicians are less convinced. Could TikTok’s popularity be its downfall? This week, hosts Mike Bird, Alice Fulwood and Soumaya Ke ... Show More
37m 28s
Dec 2022
Money Talks: TikTok’s ticking time bomb—an episode from our archive
It’s the fastest growing app in the world, filled with dance trends, cats misbehaving, and questionable financial advice. Teenagers love it; Western politicians are less convinced. Could TikTok’s popularity be its downfall? In one of our favourite episodes of 2022, hosts Mike Bir ... Show More
38m 5s
Dec 2022
Money Talks: TikTok’s ticking time bomb—an episode from our archive
It’s the fastest growing app in the world, filled with dance trends, cats misbehaving, and questionable financial advice. Teenagers love it; Western politicians are less convinced. Could TikTok’s popularity be its downfall? In one of our favourite episodes of 2022, hosts Mike Bir ... Show More
38m 5s
Nov 2022
Money Talks: The tech reckoning
Most of America’s biggest technology firms are having a bad time - and not just the ones who have been recently acquired by a mercurial billionaire. More than $1tn has been wiped from their market value in recent weeks. Is the sell-off just investor jitters? Or is it a symptom of ... Show More
35m 28s
Nov 2022
Money Talks: The tech reckoning
Most of America’s biggest technology firms are having a bad time - and not just the ones who have been recently acquired by a mercurial billionaire. More than $1tn has been wiped from their market value in recent weeks. Is the sell-off just investor jitters? Or is it a symptom of ... Show More
35m 28s
Sep 2023
Investors Are Flocking to Japan. Here’s Why.
A.M. Edition for Sep. 6. Warren Buffett turned heads this year by announcing that Berkshire Hathaway owned more stocks in Japan than any country outside the U.S. As other investors pile in, the Journal’s River Davis and Macquarie Capital’s Damian Thong explain how long the world’ ... Show More
15m 53s
Jul 2023
Drone Warfare in Ukraine; China's economy in trouble; Europe's migration tensions; Jake Tapper on his new novel
This week Fareed talks with Eric Schmidt, the former CEO of Google, about the technology that is shaping the war in Ukraine: drones. Then, chief China correspondent for the Wall Street Journal Lingling Wei joins the show to discuss China's looming economic troubles and what they ... Show More
38m 50s