Markets and the Israel-Iran Conflict, Netflix Slumps, New Woes for Tesla 4/19/24
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Carl Quintanilla and Jim Cramer discussed what to make of the markets trying to shrug off Israel's early Friday retaliatory strike against Iran -- with the S&P 500 and Nasdaq in the midst of five-session losing streaks. The anchors also reacted to Netflix shares down sharply, as soft Q2 revenue guidance overshadowed a Q1 beat and 9.3 million additional subscribers. Tesla to recall nearly 3,900 Cybertrucks -- as the stock tries to stave off a sixth consecutive day of losses. Also in focus; Earnings from Procter & Gamble and American Express, Paramount surges on buyout bid reports, the latest challenges for Apple in China, Meta CEO Mark Zuckerberg on AI investment, why Trump Media shares continue to rebound.
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Published 05/02/24
Published 05/02/24
Carl Quintanilla, Jim Cramer and David Faber led off the show with markets digesting Wednesday's post-Fed decision comments by Chair Jerome Powell.
He said it is unlikely that the Fed's next move would be a rate hike. The anchors also discussed what to expect from Apple's quarterly results due...
Published 05/02/24
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