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Snowflake Melts and Changes CEOs, Salesforce Beats, Fed's Preferred Inflation Gauge 2/29/24
Snowflake Melts and Changes CEOs, Salesforce Beats, Fed's Preferred Inflation Gauge 2/29/24
ratings:
Length:
42 minutes
Released:
Feb 29, 2024
Format:
Podcast episode
Description
Jim Cramer and David Faber discussed a pair of tech players: Shares of Snowflake tumbled more than 20% on a weaker sales outlook along with news that Frank Slootman has retired as CEO. Salesforce posted a quarterly beat and issued light guidance. How should investors view both stocks now? The anchors also explored market reaction to the Fed's preferred inflation measure - Core PCE. Also in focus: Phil LeBeau in Chile on China's auto revolution, earnings winners, Apple CEO Tim Cook on AI, certain names outside of the "Magnificent 7" worthy of your attention. Squawk on the Street Disclaimer
Released:
Feb 29, 2024
Format:
Podcast episode
Titles in the series (100)
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