56 min listen
Spirit of '76 for the Bulls, COVID Effect on Apple and the Musk Era At Twitter: Fee Charges Ahead? 10/31/22
Spirit of '76 for the Bulls, COVID Effect on Apple and the Musk Era At Twitter: Fee Charges Ahead? 10/31/22
ratings:
Length:
43 minutes
Released:
Oct 31, 2022
Format:
Podcast episode
Description
On the final trading day of October, Carl Quintanilla, Jim Cramer and David Faber discussed a strong month for stocks -- the Dow on track for its best since 1976. Are blue chip names your best bet? The anchors reacted to calls from big Wall Street banks: Morgan Stanley sees a near-term S&P 500 rally that could go as high as 4150 -- while Goldman Sachs predicts the Fed funds rate will peak at 5% in March 2023. China pandemic problems in the spotlight: A published report says production of Apple's iPhone could slump by as much as 30% at a major Foxconn factory next month, due to tightening COVID-19 curbs in China. Also in focus: The latest on Elon Musk and Twitter, including a report stating the company plans to charge $20 for verification, billionaire Tilman Fertitta takes a 6.1% stake in Wynn Resorts, Blackstone agrees to acquire a majority stake in an Emerson Electric unit for $14 billion, and downgrades for Caterpillar and Paramount Global.
Released:
Oct 31, 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