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Rallying Into the Fed Decision, Pfizer Slides On Guidance, Tesla Recalls 2 Million Vehicles 12/13/23
Rallying Into the Fed Decision, Pfizer Slides On Guidance, Tesla Recalls 2 Million Vehicles 12/13/23
ratings:
Length:
43 minutes
Released:
Dec 13, 2023
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discussed stock markets in the midst of a four-day win streak andat their highest levels of the year, as investors await Wednesday's Fed decision. Pfizer shares tumble in reaction to 2024 guidance coming in below analysts' forecasts. The anchors explored the lackluster performance of the drugmaker's stock over the past 25 years -- and reacted to comments from Ken Langone: The billionaire told CNBC he believes Eli Lilly will become the first trillion-dollar pharma company. Also in focus: Tesla recalls more than two million vehicles due to autopilot software issues, Faber Report: U.S. Steel sale update. Squawk on the Street Disclaimer
Released:
Dec 13, 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