Brace for stock market volatility, warns this top investing strategist.
Jefferies Equity Research Analyst Brent Thill joins Yahoo Finance Live to discuss Microsoft's acquisition of Activision Blizzard, Microsoft becoming the third-largest gaming revenue company in the world, and the pressure this will put on others like Meta and Netflix in the industry.
As CEO Mark Zuckerberg announced on Facebook today, Meta Platforms is testing out a new "subscriptions on Instagram" service that will permit popular creators on the site to profit from their hundreds of thousands of followers by selling "access to exclusive Lives and Stories." More importantly for investors, selling subscriptions on Instagram will give Meta yet another revenue stream as it takes a cut of these folks' subscription earnings. Not coincidentally, creating a new path to growth for Meta Platforms could be just the thing to turn Meta stock into a bona fide bargain stock.