Big Tech earnings are on deck next week as Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN) are scheduled to report their second quarter results. Jobs data for July are due out on Friday, August 2, making for a busy week for the US economy as Federal Reserve officials meet for their July FOMC meeting. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
EssilorLuxottica (OTC:ESLOY) stock rose after the eyewear giant revealed interest from Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and other major technology companies in exploring partnerships following its collaboration with Meta Platforms (NASDAQ:META) to develop Ray-Ban smart glasses. EssilorLuxottica CEO Francesco Milleri highlighted the company’s awareness of Meta’s intention to take a stake in the company. However, any share purchases by Meta would need to be conducted on the open
TikTok’s highly active recommendation system is designed to keep users clicking on videos, even if they contain racist or homophobic content