2:00PM Water Cooler 8/18/2022 | naked capitalism
Today's Water Cooler
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President Biden's approval rating remains stuck at 42 percent, and if anything the political environment has deteriorated for Democrats since January as inflation concerns have soared and Build Back Better has stalled.
Share: Fastly Inc (NYSE: FSLY) is trading significantly lower on Thursday morning after the company announced its CFO is stepping down and issued weak second-quarter guidance. What Happened: Fastly announced its first-quarter financial results on Wednesday after market close. The company reported an earnings loss of 12 cents per share, missing the estimate for a loss of 11 cents per share. It reported revenue of $84.85 million, missing the estimate of $85.08 million. The cloud software provider projected revenue of $84 million to $87 million in the second quarter, below the estimate o...
Money apparently pouring in from around the country into these congressional districts? >> hi, dana. thanks for having me. democrats set out to build the largest offensive battlefield in a decade for two key reasons. one to win as many races as possible deep into the map. two, to stretch republicans thin because they traditionally have a significant outside money advantage. when you look at the rating changes, when you look at the way both democrat and republicans are spending, it's very clear that groups like the nrcc are on their heels, retreating and cutting off incumbents and moving into p...