One day after shares of Robinhood soared more than 50-percent, Carl Quintanilla, Jim Cramer and David Faber led off the show with new developments surrounding the stock's wild ride: Robinhood filing to sell up to nearly 98-million shares over time -- the news resulting in a double-digit percentage decline for the stock. The anchors explored what this means for Robinhood and the meme stocks -- and harkened back to what CEO Vlad Tenev said during our program last week, on the day Robinhood went public. Lots of earnings movers in the spotlight: Uber shares fall despite better-than-expected quarterly results and bookings. The anchors reacted to what CEO Dara Khosrowshahi told CNBC about driver incentives that weighed on the company's performance. Among the earnings winners and losers: Etsy and Roku shares take a hit, while ViacomCBS jumps on profits and streaming subscriber growth. Also in focus: Moderna says its COVID-19 vaccine is 93-percent effective after six months, Goldman Sachs Chief U.S. Equity Strategist David Kostin raises his year-end S&P 500 target to 4700, and the anchors chat about the highlights from Wednesday night's "Jeopardy!" episode featuring David as guest host. Jim caps the hour by interviewing Weber CEO Chris Scherzinger about the outdoor grill maker's IPO.

Broadcast on:

05 Aug 2021