43 min listen
Triple Whammy: GDP, Hotter Inflation Gauge, Meta Spark Market Sell-off 4/25/24
Triple Whammy: GDP, Hotter Inflation Gauge, Meta Spark Market Sell-off 4/25/24
ratings:
Length:
43 minutes
Released:
Apr 25, 2024
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding Thursday's stock market sell-off, surge in yields and rate fears. The catalysts: Q1 GDP growth below consensus estimates, the Core PCE Price Index -- a key measure of inflation -- came in hotter than expected, Meta shares plunged on revenue guidance and plans to increase spending on AI. Also in focus: An earnings barrage including Thursday’s Dow laggards Caterpillar and IBM, the CEOs of ServiceNow and Southwest Airlines joined the program to discuss their companies' quarterly results and outlook. Squawk on the Street Disclaimer
Released:
Apr 25, 2024
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/12/2019: The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday 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 CEOs and greatest market minds by Squawk on the Street