44 min listen
The Sell-off: Oracle and FedEx Aid Market Rebound, Bitcoin Extends Slump and Coinbase to Cut Jobs 06/14/22
The Sell-off: Oracle and FedEx Aid Market Rebound, Bitcoin Extends Slump and Coinbase to Cut Jobs 06/14/22
ratings:
Length:
44 minutes
Released:
Jun 14, 2022
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound after another day of massive selling:
How investors should navigate the volatility amid inflation and recession fears, as Fed policymakers kick off their key
two-day meeting. On the crypto front: Bitcoin slides to a fresh 18-month low and Coinbase announces plans to cut
18% of its workforce. The anchors also highlighted bright spots: Oracle shares surge after quarterly results beat the street --
and FedEx up sharply after hiking its quarterly dividend by 53% and adding new directors to its board.
Also in focus: General Motors shares rebound back above their 2010 IPO price, Morgan Stanley's EV take on automakers and Continental Resources founder Harold Hamm offers to take the company private in a buyout.
How investors should navigate the volatility amid inflation and recession fears, as Fed policymakers kick off their key
two-day meeting. On the crypto front: Bitcoin slides to a fresh 18-month low and Coinbase announces plans to cut
18% of its workforce. The anchors also highlighted bright spots: Oracle shares surge after quarterly results beat the street --
and FedEx up sharply after hiking its quarterly dividend by 53% and adding new directors to its board.
Also in focus: General Motors shares rebound back above their 2010 IPO price, Morgan Stanley's EV take on automakers and Continental Resources founder Harold Hamm offers to take the company private in a buyout.
Released:
Jun 14, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/19/2019: 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