Big Banks Beat, Microsoft-Activision Deal Closes, Exclusive: BlackRock’s Larry Fink 10/13/23
Squawk on the Street
English - October 13, 2023 14:35 - 46 minutes - 43 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Carl Quintanilla and Jim Cramer began the hour by breaking down quarterly results from the big banks as JPMorgan, Citi and Wells Fargo all beat earnings estimates. The anchors also discussed the Microsoft-Activision deal officially closing after the UK’s CMA gave the green light for the $69 billion transaction. After the opening bells, the desk spoke exclusively with Blackrock CEO Larry Fink, who joined the anchors on set at Post 9. BlackRock posted a rise in profits, and reached over $9 trillion in assets under management.