Motley Fool Money: Fed Chief Speaks, Wall Street Reacts (26/8)

Strong words from Federal Reserve chairman Powell sent stocks down on Friday. Jason Moser and Emily Flippen discuss why long-term investors should not be surprised by Powell's comments, Snowflake's strong week, Zoom Video shares falling to a 2-year low, Ulta Beauty's strong 2nd-quarter sending shares close to an all-time high, Amazon making headlines for what it is NOT planning to do, and the latest from Peloton, Electronic Arts, Nvidia, Salesforce, and Intuit. Also, at 19 minutes in, Maria Gallagher talks with Harvard Business School professor Ranjay Gulati about key insights from his book 'Deep Purpose: The Heart and Soul of High-Performance Companies'. And, 29 minutes in, Emily and Jason answer listener questions about Quidelortho Corp. and Berkshire-Hathaway, and share two stocks on their radar: Doximity and Autodesk. Our annual investing conference is free for Motley Fool members! For more details go to http://Fool.com/FoolFest. Stocks discussed on the show: SNOW, ZM, PTON, ULTA, AMZN, EA, NVDA, CRM, INTU, ETSY, QDEL, BRK.A, BRK.B, ADSK, DOCS. Host - Chris Hill; Guests - Emily Flippen, Jason Moser, Maria Gallagher, Ranjay Gulati