43 min listen
Morning After the Worst Day for Stocks in '23, Fed's Bullard Speaks, Intel Slashes Dividend 02/22/23
Morning After the Worst Day for Stocks in '23, Fed's Bullard Speaks, Intel Slashes Dividend 02/22/23
ratings:
Length:
44 minutes
Released:
Feb 22, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber engaged in wide-ranging discussions about what's next for the markets after Tuesday's sell-off, which resulted in the worst day for stocks so far this year. Cramer outlined six things that musthappen before he can declare an end to the sell-off. The anchors also reacted to pre-market comments that St. Louis Federal Reserve President James Bullard made to CNBC about rate hikes, inflation and the markets overpricing the chances of a recession.Also in focus: Intel slashes its quarterly dividend by 66%, Baidu doubles profits and ramps up its AI bot strategy, Regulators in Beijing reportedly told Chinese tech giants not to offer ChatGPT services, Palo Alto Networks surges on earnings, plus what to expect from Nvidia's quarterly results after the close of Wednesday's trading.
Released:
Feb 22, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/12/2019: 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