Closing Bell Overtime: Howard Lutnick On Why He’s Expecting One Cut This Year; DoorDash CFO On The Quarter & Consumer Spending 5/1/24

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  • Episode
      1156
  • Published
      1. maj 2024
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Episode
1156 of 1862
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46M
Sprog
Engelsk
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Kategori
Økonomi & Business

The Fed and Jerome Powell kicking May off with a bang for markets, as the rally during his press conference proved short-lived; the S&P 500 and Nasdaq gave up their gains by the end of the session. Jefferies Chief Market Strategist David Zervos and G Squared Private Wealth’s Victoria Greene parse the Fed’s actions and the market reaction. Cantor Fitzgerald CEO Howard Lutnick gives his first reaction to the Fed and tells why he is expecting one cut this year. Earnings from Qualcomm, Wolfspeed, Doordash, Etsy, eBay, Zillow, Carvana and Informatica. DoorDash CFO Ravi Inukonda on his company’s results.


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