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Big Earnings Week, Tesla vs. Ford, AT&T Extends Stock Slide to 30-Year Lows 7/17/23

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at what to expect from the markets this week -- featuring earnings from the likes of Bank of America, Goldman Sachs, Morgan Stanley, Netflix and Tesla. Speaking of the autos: Tesla shares jumped on news that the company built its first Cybertruck, while shares of Ford fell after it cut prices of its electric F-150 Lightning truck. AT&T shares fell to 30-year lows on a downgrade plus analyst reaction to risks of legacy lead cable exposure highlighted in a Wall Street Journal investigation. Also in focus: Luxury stocks under pressure on slower-than-expected China GDP growth, Labor stalemates from UPS to Hollywood, the Microsoft-Activision deal closes in on a Tuesday deadline.

Squawk on the Street Disclaimer

Broadcast on:
17 Jul 2023

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at what to 

expect from the markets this week -- featuring earnings from the likes of Bank of America,

Goldman Sachs, Morgan Stanley, Netflix and Tesla. Speaking of the autos: Tesla shares jumped

on news that the company built its first Cybertruck, while shares of Ford fell after it cut prices 

of its electric F-150 Lightning truck. AT&T shares fell to 30-year lows on a downgrade plus analyst

reaction to risks of legacy lead cable exposure highlighted in a Wall Street Journal investigation.

Also in focus: Luxury stocks under pressure on slower-than-expected China GDP growth, Labor stalemates 

from UPS to Hollywood, the Microsoft-Activision deal closes in on a Tuesday deadline.

 

Squawk on the Street Disclaimer