44 min listen
Jobs Report Surprise, Plus Reaction to Apple, Amazon and Alphabet Earnings 2/3/23
Jobs Report Surprise, Plus Reaction to Apple, Amazon and Alphabet Earnings 2/3/23
ratings:
Length:
45 minutes
Released:
Feb 3, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber led off the show with news that surprised Wall Street: The January employment
report shows the economy added 517,000 non-farm jobs, blowing well past economists' forecasts. The unemployment rate
fell to 3.4%. What does it all mean for the markets and the Fed? The anchors engaged in a wide-ranging discussion about market reaction to quarterly results from Apple, Amazon and Google parent Alphabet. Should you buy into mega-tech? Also in focus: What Ford CEO Jim Farley told CNBC about his company's earnings miss, Nordstrom soars on a report that activist investor Ryan Cohen has taken a stake in the company, plus highlights from Jim's "Back to School Tour."
report shows the economy added 517,000 non-farm jobs, blowing well past economists' forecasts. The unemployment rate
fell to 3.4%. What does it all mean for the markets and the Fed? The anchors engaged in a wide-ranging discussion about market reaction to quarterly results from Apple, Amazon and Google parent Alphabet. Should you buy into mega-tech? Also in focus: What Ford CEO Jim Farley told CNBC about his company's earnings miss, Nordstrom soars on a report that activist investor Ryan Cohen has taken a stake in the company, plus highlights from Jim's "Back to School Tour."
Released:
Feb 3, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/27/2019: A possible merger in the making. Philip Morris confirms it's talks with Altria. David Faber & Jim Cramer discuss. by Squawk on the Street