Musk Wins His $1 Trillion Pay Package & October Layoffs Hit 22-Yr High
Description
Episode 709: Neal and Toby discuss a report that showed October was the worst month for layoffs in over 20 years. Then, Elon Musk prevails in the battle over this $1 trillion pay package. Meanwhile, ESPN drops Penn Entertainment as its sports betting partner and brings in DraftKings. Plus, Snap announces a partnership with Perplexity AI to AI-ify its search engine, sending shares up 8%. And, Duolingo, Celsius, and E.l.f. Beauty join the 20% club…with each of its shares falling by at least 20%. Finally, an update on the FAA’s plans to cut flights and how it may affect you.
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