Inflation & Earnings, Citi Downgrades U.S. Stocks, Twitter vs. Threads 7/10/23
Squawk on the Street
English - July 10, 2023 14:34 - 43 minutes - 39.8 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Next Episode: Cramer's Morning Take: Overbought or Not? 7/10/23
Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at the big week ahead for investors as they monitor key inflation data on deck, lots of Fed speak and the banks kicking off earnings season. On the new week of trading, the anchors also reacted to some big market notes including Citi downgrading U.S. stocks to neutral from overweight. Bernstein also posted a note on the technology sector saying they “struggle to recommend an overweight in tech for the second half.” Also in focus: Billionaires Zuckerberg and Musk exchanged more jabs over the weekend, and Carl Icahn revised his loan agreement with banks following Hindenburg Research’s call to short Icahn Enterprises.