46 min listen
Foot Locker Joins Retail Rout, Nvidia Countdown, Peloton Plummets 8/23/23
Foot Locker Joins Retail Rout, Nvidia Countdown, Peloton Plummets 8/23/23
ratings:
Length:
43 minutes
Released:
Aug 23, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber began the show with a look at more pain for the retail sector: Foot Locker shares plunged after the company posted a revenue miss, slashed guidance and paused its dividend. That news coming one day after the worst session ever for shares of Dick's Sporting Goods -- and Nike extended its daily losing streak to nine. Also in focus: What to expect from Nvidia's after-the-bell earnings, Peloton shares plummet to record lows as results and guidance disappoint Wall Street, Abercrombie soars, Teamsters approve UPS contract, Toll Brothers lifts homebuilders. Squawk on the Street Disclaimer
Released:
Aug 23, 2023
Format:
Podcast episode
Titles in the series (100)
Dow Heavyweights Miss, Softbank's Massive WeWork Bailout & ServiceNow's Incoming CEO Exclusive: Here's the description: Carl Quintanilla, David Faber & Jim Cramer discuss Boeing & Caterpillar results, big misses for 2 big Dow heavyweights. The latest on Softbank's bailout of WeWork, sources say the company was on the verge of running out of money next week. And executive shake-ups at Nike and ServiceNow: an exclusive interview with incoming ServiceNow CEO & former SAP chief Bill McDermott. by Squawk on the Street