Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

China’s Housing Hail Mary, Reddit/OpenAI Deal, Gaming Woes 5/17/24

China’s Housing Hail Mary, Reddit/OpenAI Deal, Gaming Woes 5/17/24

FromSquawk on the Street


China’s Housing Hail Mary, Reddit/OpenAI Deal, Gaming Woes 5/17/24

FromSquawk on the Street

ratings:
Length:
42 minutes
Released:
May 17, 2024
Format:
Podcast episode

Description

Carl Quintanilla and Jim Cramer started the show by breaking down another positive week for stocks. The Dow was on pace for its 5th straight week of gains, a day after it hit that 40k milestone for the first time ever. CNBC’s Beijing Bureau Chief, Eunice Yoon also joined the program, to discuss China pledging $42 billion in a slew of measures to support the country’s struggling property sector. After the opening bells, the desk hit Reddit shares rallying, after striking a deal with OpenAI allowing the use of its data for training AI models. Also in the mix: Take-Two slashed its bookings forecast, and announced that its new Grand Theft auto game would be released in Fall 2025.   Squawk on the Street Disclaimer 
Released:
May 17, 2024
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.