43 min listen
Win Streak on Wall Street, Adobe Rides the AI Rally, Cava's Double Delight 6/16/23
Win Streak on Wall Street, Adobe Rides the AI Rally, Cava's Double Delight 6/16/23
ratings:
Length:
45 minutes
Released:
Jun 16, 2023
Format:
Podcast episode
Description
Heading into the long holiday weekend, Jim Cramer and David Faber explored what to make of the stock markets' upward momentum. The S&P 500 and Nasdaq each in the midst of a six-day win streak and on track for their best week since March. Adobe among Friday's gainers after it posted a quarterly beat and raised guidance, highlighting cloud demand and a focus on AI. The anchors also discussed Cava's strong public debut: The Mediterranean fast-casual chain nearly doubling its IPO price at the close of trading on Thursday. How much of a boost could this give the IPO market? Also in focus: Disney's Christine McCarthy to step down as CFO, Humana warns, Fed Governor Christopher Waller weighs in on bank failures and monetary policy. Squawk on the Street Disclaimer
Released:
Jun 16, 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