44 min listen
Sell-off Erases Wednesday's Rally, Apple Falls on Downgrade, and a "Sea of Red" for Tech 9/29/22
Sell-off Erases Wednesday's Rally, Apple Falls on Downgrade, and a "Sea of Red" for Tech 9/29/22
ratings:
Length:
43 minutes
Released:
Sep 29, 2022
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discussed the markets wiping out gains from Wednesday's rally as bond yields
resume their increase amid worries about higher rates, inflation and slower growth. Early in Thursday's session, all Nasdaq 100 stocks were moving to the downside. Where are the buying opportunities? The anchors also reacted to dueling Apple calls: Bank of America downgrades the stock, while Rosenblatt upgrades it. Also in focus: Cleveland Fed President Loretta Mester on inflation and rates, What Blackstone President & COO Jonathan Gray told at "Delivering Alpha" and CarMax tumbles on an earnings miss, citing "affordability challenges."
resume their increase amid worries about higher rates, inflation and slower growth. Early in Thursday's session, all Nasdaq 100 stocks were moving to the downside. Where are the buying opportunities? The anchors also reacted to dueling Apple calls: Bank of America downgrades the stock, while Rosenblatt upgrades it. Also in focus: Cleveland Fed President Loretta Mester on inflation and rates, What Blackstone President & COO Jonathan Gray told at "Delivering Alpha" and CarMax tumbles on an earnings miss, citing "affordability challenges."
Released:
Sep 29, 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