44 min listen
Stocks Sliding, Historic Oil Deal, Ford's First Quarter Warning
Stocks Sliding, Historic Oil Deal, Ford's First Quarter Warning
ratings:
Length:
48 minutes
Released:
Apr 13, 2020
Format:
Podcast episode
Description
Carl Quintanilla, Jim Cramer and David Faber discuss the slide in stocks to start the week. Confirmed coronavirus cases in the U.S. nearing 550,000 more than any other country in the world with the death count in the U.S. from the virus totaling more than 21,000. Over the weekend OPEC producers and allies agreeing to a record oil deal that will slash global output by about 10% after a slump in demand caused by the virus. The deal is the largest cut in oil production ever agreed upon. Shares of Ford getting hammered after the automaker warned that the coronavirus has significantly impacted its first-quarter performance, including a 15.7% drop in revenue.
Released:
Apr 13, 2020
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