A single day. ceo mark zuckerberg personally lost nearly $29 billion. that big $232 billion number, that loss, it lost yesterday more than any u.s. company ever has and the value of the loss is worth more than the entire value of mcdonald s, at&t, goldman sachs or ford. contagion spread through tech and wall street. the rare profit drop for meta because of apple s new privacy policy. the big event today, a messy jobs report. millions of people out sick with omicron. it may have dented the job market temporarily. the u.s. likely added just 150,000 jobs in january. if that happens, it would be the worst month since december 2020 when the u.s. actually lost jobs. we re expecting the jobless rate to stay at a very low 3.9%. i want to discuss with the experts here, mark zandi, chief economist from moody s ana analytics. we saw from adp they shed
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100,000 customers are still in the dark. company profits are under pressure. microsoft, procter & gamble, intel, some of the names of the s&p 500 reporting their earning results this week. profits for companies are expected to fall 4.7% for the third quarter. if that happens, it would be the biggest profit drop since the 2016 third quarter. even though stocks are record highs, investors are facing extreme levels of uncertainty. the u.s./china trade war, brexit, some of the obstacles facing investors. this will be important for sentiment this week. downbeat outlooks could lead to recession, and down corporate profits. a big week for investors this week. all right. could you try this on the outside of a cruise ship?
Samsung delivered grim earnings figures on shoes day as it looked a big drop in profits they were down by nearly one third in the last quarter it s the first profit drop in two years south koreans profit make the is now facing tough chinese competition while demand for its components has softened trade tensions between the u.s. and china samsung also warns that business this for one live up to its earlier projections. samsung has mungo s companies strutting their stuff at the consumer electronics show which kicks off today with a b self driving self rolling also walking it s all there in las vegas and as it has been the trend in recent years a growing number of traditionally known tech companies have set up shop at c.v.s. trying to give their product line at digital make of. i catching self driving cars connected to the driver s home devices one of the trends last week that season and for b.m.w. an opportunity to go the extra mile presenting its driver less motorcycle for the
Return all of us reporting from frankfurt only thank you. take giant samsung delivered to grim earnings figures on tuesday as it locked in a huge drop in profits they were down by nearly one third in the last quarter it s the first profit drop in two. so the south korean smartphone maker is facing tough chinese competition while demand for its components as soft amid trade tensions between the united states and china samsung also warned that business this quarter will not live up to earlier projects. now samsung is among those companies strutting their stuff at the consumer electronics show which kicks off later today whether it be self driving sort of rolling or walking it s all there in las vegas and as it has been the trend in recent years a growing number of traditionally non tech companies have set up shop at the c. s. trying to give their product line the digital make over. i catching self driving