Carl Quintanilla, Jim Cramer and David Faber discuss the U.S. shattering its daily record for coronavirus infections, reporting more than 77,000 new cases. Florida, South Carolina and Texas all reporting their biggest one-day spikes. Plus, the mask mandate debating is heating up, as the Governor of Georgia sues the Mayor of Atlanta. And investors turning their attention to corporate earnings. Netflix delivered stronger than expected Q2 subscriber growth of over 10M, but lower than expected earnings and its forecast of the addition of 2.5M subs in Q3, half analysts’ forecasts, sent shares plummeting. The streaming giant also announcing Ted Sarandos as Co-CEO, joining Reed Hastings at the top. Facebook CEO Mark Zuckerberg interviewing Dr. Anthony Fauci. Zuckerberg making rare comments, saying he’s been disappointed with President Trump’s handling of Covid-19.
Squawk on the Street
Covid-19: Record Shattering, Face Mask Mandate Debate, Netflix Hammered, Zuckerberg & Fauci
Carl Quintanilla, Jim Cramer and David Faber discuss the U.S. shattering its daily record for coronavirus infections, reporting more than 77,000 new cases. Florida, South Carolina and Texas all reporting their biggest one-day spikes. Plus, the mask mandate debating is heating up, as the Governor of Georgia sues the Mayor of Atlanta. And investors turning their attention to corporate earnings. Netflix delivered stronger than expected Q2 subscriber growth of over 10M, but lower than expected earnings and its forecast of the addition of 2.5M subs in Q3, half analysts’ forecasts, sent shares plummeting. The streaming giant also announcing Ted Sarandos as Co-CEO, joining Reed Hastings at the top. Facebook CEO Mark Zuckerberg interviewing Dr. Anthony Fauci. Zuckerberg making rare comments, saying he’s been disappointed with President Trump’s handling of Covid-19.
- Broadcast on:
- 17 Jul 2020