Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: UK Prime Minister Liz Truss resigns after 44 days in office and market turmoil during her term. Tesla shares fall on mixed quarterly results and a lowered vehicle delivery target. Should you buy the stock? The anchors reacted to comments Tesla CEO Elon Musk made on the company's earnings call -- including that he sees a "potential path for Tesla to be worth more than Apple and Saudi Aramco combined." Also in focus: AT&T and IBM jump on quarterly results, Musk on Twitter, the 10-year note yield rises to 2007 highs, but “Bond King" Jeffrey Gundlach tweets "Treasury yields may well be peaking between now and year-end."

Broadcast on:

20 Oct 2022