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Oil Prices Plunge, The Ozempic Effect, Disney’s Dismal Run  10/5/23

Oil Prices Plunge, The Ozempic Effect, Disney’s Dismal Run 10/5/23

FromSquawk on the Street


Oil Prices Plunge, The Ozempic Effect, Disney’s Dismal Run 10/5/23

FromSquawk on the Street

ratings:
Length:
43 minutes
Released:
Oct 5, 2023
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the drop in oil prices. WTI crude came off its worst day of 2023, and touched its lowest price since August. The anchors then shifted to weight loss drugs, with the Walmart U.S. CEO saying he’s seeing a “slight pullback” for certain food products because of Ozempic and other products. After the bell the anchors also mentioned Disney’s tough run, with shares dipping back below $80, its lowest level since Oct. 2014.  Squawk on the Street Disclaimer
Released:
Oct 5, 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.