43 min listen
Tech in Focus: Salesforce Job Cuts, Microsoft Downgraded, Apple and Tesla's Rough Start to 2023 1/4/23
Tech in Focus: Salesforce Job Cuts, Microsoft Downgraded, Apple and Tesla's Rough Start to 2023 1/4/23
ratings:
Length:
43 minutes
Released:
Jan 4, 2023
Format:
Podcast episode
Description
Carl Quintanilla and Jim Cramer took a deep dive into tech: Salesforce plans to cut about 10% of its workforce. The anchors
weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after
UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day
after Apple closed trading with a valuation below $2 trillion for the first time since 2021 -- and Tesla shares tumbled, experiencing their worst day in more than two years. Also in focus: Regulators warn banks about crypto risks, Chinese stocks rally, oil prices under pressure and GE Healthcare begins trading after being spun off from General Electric.
weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after
UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day
after Apple closed trading with a valuation below $2 trillion for the first time since 2021 -- and Tesla shares tumbled, experiencing their worst day in more than two years. Also in focus: Regulators warn banks about crypto risks, Chinese stocks rally, oil prices under pressure and GE Healthcare begins trading after being spun off from General Electric.
Released:
Jan 4, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/08/2019: 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