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Dow Win Streak vs. Tech Sell-off, AmEx Shares Slump, Pres. Biden's Meeting With Major AI Companies  07/21/23

Dow Win Streak vs. Tech Sell-off, AmEx Shares Slump, Pres. Biden's Meeting With Major AI Companies 07/21/23

FromSquawk on the Street


Dow Win Streak vs. Tech Sell-off, AmEx Shares Slump, Pres. Biden's Meeting With Major AI Companies 07/21/23

FromSquawk on the Street

ratings:
Length:
44 minutes
Released:
Jul 21, 2023
Format:
Podcast episode

Description

David Faber, Sara Eisen and Mike Santoli explored what's ahead for the markets after Thursday's  tech sector sell-off as well as the Dow's ninth straight day of gains for the first time since 2017.Speaking of the Dow, shares of American Express fell sharply despite the company posting record quarterly revenue and  an all-time high in credit card spending. The anchors also discussed what to expect from President Biden's Friday meeting  with executives of AI companies including Microsoft, Google and Amazon. Also in focus: CSX's revenue miss, the  SiriusXM short squeeze, rally week for the regional banks, the latest on the FTC vs. the Microsoft-Activision deal.  Squawk on the Street Disclaimer
Released:
Jul 21, 2023
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast 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 Chief Executive Officers and greatest market minds.