Historic Post-Election Rally, Qualcomm and Arm Earnings, Tech CEOs and Trump: Round 2 11/07/24
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Description
Carl Quintanilla, Jim Cramer and David Faber discussed stocks extending gains from Wednesday's historic rally, which saw the Dow surge by more than 1,500 points – and the S&P 500 achieve its best post-election day performance ever. The anchors also reacted to chip sector earnings from Qualcomm and Arm Holdings. Also in focus: Tech CEOs congratulate President-elect Trump and prepare to deal with his upcoming administration, why BofA raised its price target on Tesla, Elon Musk features David in an X (formerly Twitter) post, quarterly results send shares of Warner Bros. Discovery, Under Armour and Zillow soaring. Squawk on the Street Disclaimer
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Published 11/07/24
Published 11/07/24
Carl Quintanilla, Sara Eisen, and David Faber – alongside Jim Cramer at the top of the hour – broke down the latest for stocks ahead of another Fed decision on rates. The CEOs of Arm and Zillow joined the team to exclusively talk results and their outlook for 2025. Also in focus: recession odds...
Published 11/07/24