44 min listen
Markets Brace for Powell, DoorDash Cuts Jobs, SBF's Bank Account and Spotify's CEO Slams Apple ... Again 11/30/22
Markets Brace for Powell, DoorDash Cuts Jobs, SBF's Bank Account and Spotify's CEO Slams Apple ... Again 11/30/22
ratings:
Length:
43 minutes
Released:
Nov 30, 2022
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber led off the show with the markets anticipating Fed Chair Jerome Powell's Wednesday speech, watching to see what he might say about the path of interest rate hikes. The anchors also reacted to DoorDash cutting about 1,250 jobs to rein in costs, plus FTX founder Sam Bankman-Fried telling Axios he had $100,000 in his bank account “last I checked” Spotify CEO Daniel Ek renewed his criticism of Apple in a series of tweets, after Twitter owner Elon Musk slammed the iPhone maker over App Store fees. Also in focus: A report from Beijing on the China COVID protests, earnings movers, Crowdstrike shares tumble, Carvana downgraded again, Disney “restructuring” in the new Bob Iger era, the takeover battle involving Horizon Therapeutics, plus comments Cramer made about Hormel that you won't want to miss.
Released:
Nov 30, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/02/2019: The Squawk on the Street team digests the market's reaction to the July Jobs report. by Squawk on the Street