Apple and Microsoft Hit $4T, Amazon Job Cuts, AMD and Royal Caribbean CEOs 10/28/25

Apple and Microsoft Hit $4T, Amazon Job Cuts, AMD and Royal Caribbean CEOs 10/28/25

  • Af
  • Episode
      2359
  • Published
      28. okt. 2025
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Episode
2359 of 2376
Længde
52M
Sprog
Engelsk
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Kategori
Økonomi & Business

On another record-setting day for stocks, Carl Quintanilla, Jim Cramer and David Faber delved into a slew of tech-related news. OpenAI converted into a public-benefit corporation in which Microsoft will hold a 27% stake. The news sent Microsoft's market cap back above $4 trillion. Separately, Apple hit a $4T valuation for the first time. Amazon announced plans to cut 14,000 jobs. A CEO Doubleheader: AMD's Lisa Su joined the program to discuss the chipmaker's AI supercomputer partnership with the Department of Energy. Royal Caribbean Group's Jason Liberty spoke about the cruise operator's earnings beat and raised guidance that failed to lift the stock. Also in focus: Skyworks Solutions-Qorvo merger, UPS shares surge.

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