56 min listen
Walmart’s Big Warning, GM’s Earnings Miss, Shopify Layoffs 7/26/22
Walmart’s Big Warning, GM’s Earnings Miss, Shopify Layoffs 7/26/22
ratings:
Length:
44 minutes
Released:
Jul 26, 2022
Format:
Podcast episode
Description
Carl Quintanilla and Jim Cramer started the show with Walmart shares sinking after the company cut both its Q2 & full-year profit outlook. The big warning dragged other retailers like Home Depot, Amazon and Best Buy lower as well. The anchors then shifted to a slew of earnings, including General Motors, which reported numbers below expectations. Two big consumer names also posted results, as Coca-Cola and McDonald’s both beat estimates. Also in the mix: Shopify shares dropped double digits after the company announced it will lay off 10% of its global workforce.
Released:
Jul 26, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/07/2019: 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