Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23

Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23

  • Af
  • Afsnit
    • 1128
  • Udgivet
    • 1. jun. 2023
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Afsnit
1128 of 1998
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43M
Sprog
Engelsk
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Kategori
Økonomi & Business

Carl Quintanilla Jim Cramer and David Faber led off the show with big tech and Salesforce:

Shares of the Dow component fell despite a quarterly beat, raised guidance and a focus on AI.

Worries about consumer demand in the spotlight: Macy's slashes its full-year guidance and Dollar General

posts a quarterly miss along with a lowered outlook. Also in focus: Target enters June with a nine-session losing streak,

the House passes the bipartisan debt ceiling bill, two Fed officials make the case for skipping a rate

hike this month, playing the cloud stocks, billionaire Bill Ackman urges Jamie Dimon to run for president.

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