44 min listen
Microsoft Warns, Sandberg to Step Down As Meta COO, Debating Dimon's "Hurricane" and Big Losses For Tiger 6/2/22
Microsoft Warns, Sandberg to Step Down As Meta COO, Debating Dimon's "Hurricane" and Big Losses For Tiger 6/2/22
ratings:
Length:
44 minutes
Released:
Jun 2, 2022
Format:
Podcast episode
Description
Jim Cramer and David Faber delved into the big story of the morning: Microsoft cuts Q4 guidance, citing "unfavorable foreign exchange rate movement." They also discussed Sheryl Sandberg's decision to step down as COO of Facebook parent Meta -- and why Jim thinks a drop in the stock on that news represents a buying opportunity. Also in focus: JPMorgan Chase CEO Jamie Dimon warns an economic "hurricane" is coming -- but Bank of America CEO Brian Moynihan dismisses Dimon's pessimism, David reports Tiger Global's fund declined more than 14% in May, Ford's $3.7 billion expansion plans, and market reaction to GameStop's quarterly results.
Released:
Jun 2, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/14/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds by Squawk on the Street