Higher Inflation, Spot Bitcoin ETFs Begin Trading, Hertz CEO on EV Cuts 01/11/24
Squawk on the Street
English - January 11, 2024 16:09 - 42 minutes - 39.3 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Fmr. SEC Chmn. on Hack and Bitcoin ETFs, HPE CEO on $14B Juniper Deal, Boeing CEO and the "Mistake" 01/10/24
Next Episode: Cramer's Morning Take: Amazon 1/11/24
Carl Quintanilla and Jim Cramer led off the show with market reaction to inflation data: The Consumer Price Index rose more than expected in December to 3.4% year-over-year, up from 3.1% in the previous month. The anchors covered all of the bases on spot bitcoin ETFs, which began trading after being approved by the SEC on Wednesday. At Post 9, Hertz CEO Stephen Scherr explained the company's decision to slash about one-third of its global EV fleet. Also in focus: Microsoft-Apple market cap battle, a fresh record high for Nvidia, Cramer bound for Kansas City ahead of Saturday's Eagles-Chiefs NFL Wild Card game, which will stream exclusively on Peacock.