44 min listen
Midterms Madness, Meta Layoffs, Disney Slumps and the FTX Fallout Hits Crypto 11/9/22
Midterms Madness, Meta Layoffs, Disney Slumps and the FTX Fallout Hits Crypto 11/9/22
ratings:
Length:
46 minutes
Released:
Nov 9, 2022
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber led off a busy Wednesday by discussing Tuesday's midterm elections, with key races undecided and control of Congress hanging in the balance. Are the markets disappointed? The anchors reacted to Facebook parent Meta Platforms announcing it would lay off 11,000 workers -- and Mark Zuckerberg offering a mea culpa. Are more job cuts on the horizon, and what's next for the stock? Also in focus: Disney shares falling on a Q4 miss and higher costs at its Disney+ streaming service, cryptocurrencies extend losses in wake of the potential deal between Binance and FTX, plus Elon Musk sells more Tesla shares worth about $4 billion.
Released:
Nov 9, 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