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The August Rally, Rivian's Big Loss, Chinese Delistings at the NYSE and Can Apple Sustain iPhone Sales? 8/12/22
The August Rally, Rivian's Big Loss, Chinese Delistings at the NYSE and Can Apple Sustain iPhone Sales? 8/12/22
ratings:
Length:
43 minutes
Released:
Aug 12, 2022
Format:
Podcast episode
Description
David Faber, Leslie Picker and Mike Santoli discussed the stocks driving this month's market gains -- and weighed in on the skeptics
who believe that the August rally doesn't have legs. The anchors also reacted to a report stating Apple expects to sustain iPhone
sales this year despite the global electronic slowdown. Also in focus: Rivian's wider quarterly loss and what the Inflation Reduction Act
means for the electric vehicle maker, activist investor ValueAct discloses a stake in the New York Times, five Chinese state-owned companies
plan to delist from the NYSE, and Amazon shares up 30% in the last three months but still down for the year: Is now the time to buy?
who believe that the August rally doesn't have legs. The anchors also reacted to a report stating Apple expects to sustain iPhone
sales this year despite the global electronic slowdown. Also in focus: Rivian's wider quarterly loss and what the Inflation Reduction Act
means for the electric vehicle maker, activist investor ValueAct discloses a stake in the New York Times, five Chinese state-owned companies
plan to delist from the NYSE, and Amazon shares up 30% in the last three months but still down for the year: Is now the time to buy?
Released:
Aug 12, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/09/2019: 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