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Worst First Half Since 1970, RH’s Profit Warning, Bitcoin Bedlam  6/30/22

Worst First Half Since 1970, RH’s Profit Warning, Bitcoin Bedlam 6/30/22

FromSquawk on the Street


Worst First Half Since 1970, RH’s Profit Warning, Bitcoin Bedlam 6/30/22

FromSquawk on the Street

ratings:
Length:
44 minutes
Released:
Jun 30, 2022
Format:
Podcast episode

Description

Carl Quintanilla and Jim Cramer began the show with a look at the market action, with the S&P on pace for its worst first half since 1970. The anchors also broke down a slew of economic data, as core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected. They also drilled down on RH, the latest company to issue a warning on the consumer. Shares of that stock slid after the company lowered its outlook for the year. Also in the mix: Bitcoin dipped below $19K and is headed towards its worst month on record.
Released:
Jun 30, 2022
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast 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 Chief Executive Officers and greatest market minds.