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Squawk on the Street

Stocks Surging, Full Speed Ahead for Tesla, Caucus Chaos

Carl Quintanilla, Jim Cramer and David Faber breakdown the morning movers as stocks rally for a second day. Investors shrugging off news of the fast-spreading coronavirus. The total number of people infected hitting 20,682. Tesla on a tear, the stock surging higher this morning after Billionaire investor Ron Baron says the company’s revenue could boom to $1 trillion in 10 years. Shares of Tesla are up 117% so far for the year. Alphabet shares sliding after beating earnings, but coming up short on revenue. The tech giant breaking out Cloud and YouTube revenue for the first time. Plus, chaos at the Iowa caucus as we’re still awaiting the results from last night’s contest.

Broadcast on:
04 Feb 2020

Carl Quintanilla, Jim Cramer and David Faber breakdown the morning movers as stocks rally for a second day. Investors shrugging off news of the fast-spreading coronavirus. The total number of people infected hitting 20,682. Tesla on a tear, the stock surging higher this morning after Billionaire investor Ron Baron says the company’s revenue could boom to $1 trillion in 10 years. Shares of Tesla are up 117% so far for the year. Alphabet shares sliding after beating earnings, but coming up short on revenue. The tech giant breaking out Cloud and YouTube revenue for the first time. Plus, chaos at the Iowa caucus as we’re still awaiting the results from last night’s contest.