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SQUAWK BOX, FRIDAY 5TH MAY, 2023

SQUAWK BOX, FRIDAY 5TH MAY, 2023

FromSquawk Box Europe Express


SQUAWK BOX, FRIDAY 5TH MAY, 2023

FromSquawk Box Europe Express

ratings:
Length:
25 minutes
Released:
May 5, 2023
Format:
Podcast episode

Description

Apple sales decline for the second straight quarter, but shares rise in extended trade as the iPhone maker beats on the top and bottom lines with CEO Tim Cook claiming results were "better than we expected". Wall Street trades in the red for a fourth consecutive session with the Dow turning negative for the year as contagion fears are reignited in the regional banking sector. HSBC bosses prepare for their AGM, amid pressure from the lender's biggest shareholder to restructure and spin off its Asian business. We hear from activist investor Ken Lui. The ECB hikes rates by another 25 basis points with inflation still proving sticky. President Christine Lagarde reiterates the central bank's commitment to fighting price pressures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 5, 2023
Format:
Podcast episode

Titles in the series (100)

CNBC's flagship show in Europe sets you up with everything you need to know for the European business day. Anchors Geoff Cutmore, Steve Sedgwick and Karen Tso engage in unscripted and dynamic debate on the day's top stories. They are joined by leading business executives, policymakers, financial strategists, fund managers and other newsmakers to provide original points of view and instant analysis of the latest business news and key market themes.