44 min listen
Markets Rally, Apple Beats, Jobs Jump and Regional Banks Rebound 5/5/23
Markets Rally, Apple Beats, Jobs Jump and Regional Banks Rebound 5/5/23
ratings:
Length:
43 minutes
Released:
May 5, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber explored what investors should make of Friday's market rally after four days of selling. Both Apple's earnings and the government's April jobs report beat expectations, easing concerns about the possibility of a recession. Regional banks were in rebound mode, recouping some of this week's steep losses that were sparked by renewed worries about the group. Also in focus: Warner Bros. Discovery's quarterly loss and streaming profit, Lyft tumbles, Icahn vs. Hindenburg, plus reaction to travel earnings fromExpedia and Booking Holdings. Squawk on the Street Disclaimer
Released:
May 5, 2023
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/19/2019: 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