S&P Hits 5,000, Pepsi’s Revenue Slide, Conflicts of Pinterest 2/9/24
Squawk on the Street
English - February 09, 2024 16:22 - 43 minutes - 39.6 MB - ★★★★ - 489 ratingsBusiness News News Business Investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Cramer's Morning Take: Disney 2/8/24
Next Episode: Cramer's Morning Take: S&P 500 Tops 5,000 2/9/24
Carl Quintanilla, Jim Cramer and David Faber started the show by discussing the S&P crossing 5,000 for the first time, just 3 years after hitting 4,000 back in 2021. The biggest gainers year-to-date on the S&P index include: Nvidia, Meta and Eli Lilly. The anchors then turned to a slew of corporate results, including Pepsi. The beverage and snack maker topped earnings estimates, but quarterly revenue declined YoY for the first time since 2020. Other earnings movers in the mix included Pinterest, Take-Two Interactive and Expedia, all getting crushed on their respective results.