Big Earnings Week, Tesla vs. Ford, AT&T Extends Stock Slide to 30-Year Lows 7/17/23

Big Earnings Week, Tesla vs. Ford, AT&T Extends Stock Slide to 30-Year Lows 7/17/23

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  • Afsnit
    • 1175
  • Udgivet
    • 17. jul. 2023
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1175 of 1998
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Økonomi & Business

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at what to

expect from the markets this week -- featuring earnings from the likes of Bank of America,

Goldman Sachs, Morgan Stanley, Netflix and Tesla. Speaking of the autos: Tesla shares jumped

on news that the company built its first Cybertruck, while shares of Ford fell after it cut prices

of its electric F-150 Lightning truck. AT&T shares fell to 30-year lows on a downgrade plus analyst

reaction to risks of legacy lead cable exposure highlighted in a Wall Street Journal investigation.

Also in focus: Luxury stocks under pressure on slower-than-expected China GDP growth, Labor stalemates

from UPS to Hollywood, the Microsoft-Activision deal closes in on a Tuesday deadline.

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