46 min listen
Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23
Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23
ratings:
Length:
43 minutes
Released:
Oct 4, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber started the show discussing stocks trying to bounce back after the Dow suffered its worst day since March with Treasury yields still hovering around multi-year highs. The group also hit Apple, which got downgraded to “sector weight” at KeyBanc; The firm cited high valuations and concerns over soft growth in the United States as the main catalysts behind its call. Apple shares are down double digits over the past 3-months, is now a good time to get in? After the opening bells, the anchors also talked about more than 75,000 Kaiser Permanente workers going on strike, amid a simmering dispute over staffing levels. Squawk on the Street Disclaimer
Released:
Oct 4, 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