56 min listen
Markets Rally, BofA's Earnings Beat, Apple Named a "Top Pick" and Murdoch Weighs Reuniting Fox, News Corp. 10/17/22
Markets Rally, BofA's Earnings Beat, Apple Named a "Top Pick" and Murdoch Weighs Reuniting Fox, News Corp. 10/17/22
ratings:
Length:
43 minutes
Released:
Oct 17, 2022
Format:
Podcast episode
Description
After Friday's sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed the new week beginning with a market rally, as investors digested new earnings reports and the U.K. reversed almost all of its tax cut plans. Bank of America posted better-than-expected quarterly results. Cramer offered his take on BofA Chair & CEO Brian Moynihan's leadership. The anchors also weighed in on a market note from Morgan Stanley Chief U.S. Equity Strategist Mike Wilson and comments from St. Louis Fed President James Bullard on hiking interest rates. Also in focus: Goldman Sachs plans an organizational shakeup, Morgan Stanley names Apple a "top pick," sources tell David that activist investor Starboard Value has taken a large stake in Splunk, plus a "Faber Report" on Rupert Murdoch considering a Fox-News Corp merger after splitting the companies a decade ago.
Released:
Oct 17, 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