44 min listen
Making Money in June, Salesforce Surges, and Musk's WFH Message: Return to the Office Or Get Out 6/1/22
Making Money in June, Salesforce Surges, and Musk's WFH Message: Return to the Office Or Get Out 6/1/22
ratings:
Length:
43 minutes
Released:
Jun 1, 2022
Format:
Podcast episode
Description
On the first trading day of June, Carl Quintanilla, Jim Cramer and David Faber explored what's next for the markets after both the Dow and the S&P 500 eked out fractional gains for May despite volatility. The anchors also reacted to what Treasury Secretary Janet Yellen told CNBC about inflation and the surge in oil prices. Shares of Salesforce surged on better-than-expected quarterly results and raised profit guidance. Elon Musk's take on "work from home" also a big topic of discussion: He is said to have told Tesla staff in a leaked memo that they must be in the office for a minimum of 40 hours per week "or depart Tesla."
Also in focus: SPAC terminations, plus Apple reportedly moving some of its iPad production to Vietnam from China.
Also in focus: SPAC terminations, plus Apple reportedly moving some of its iPad production to Vietnam from China.
Released:
Jun 1, 2022
Format:
Podcast episode
Titles in the series (100)
Squawk on the Street: Opening Bell 08/01/2019: 8/1/2019. 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