Stocks After the Sell-Off, Ford’s Massive Miss, ServiceNow & Southwest CEOs 7/25/24
Description
Carl Quintanilla, Jim Cramer and David Faber started the hour by discussing the markets, a day after the S&P and Nasdaq posted their worst sessions since 2022. One of the day’s biggest movers included Ford, which plunged on its big earnings miss. The automaker was on pace for its worst day since 2009, after missing Wall Street’s bottom-line earnings expectations due to warranty problems, a reoccurring issue with the company. Staying with earnings, the CEOs of ServiceNow and Southwest both joined the show to break down their respective quarterly results. Also in the mix, David Faber broke out Warner Bros. Discovery suing the NBA over their TV rights deal with Amazon.
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Published 09/06/24
Carl Quintanilla and Jim Cramer led off the show with market reaction to the August jobs report -- and explored what type of rate cut to expect from the Fed later this month. Broadcom dragged the Nasdaq lower after weaker non-AI sales weighed on the company's guidance, adding to what has been a...
Published 09/06/24