Tesla and Netflix Shares Slump on Q2 Results, Nine-Day Win Streak for the Dow? 7/20/23
Squawk on the Street
English - July 20, 2023 14:38 - 43 minutes - 40 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: "Back From the Dead" Stocks 7/19/23
Next Episode: Cramer's Morning Take: Netflix & Tesla 7/20/23
Jim Cramer and David Faber led off the show with big tech earnings: Tesla shares down sharply despite
better-than-expected quarterly results, overshadowed by lower margins in wake of price cuts. Netflix shares
also under pressure after the company posted a Q2 revenue miss, even though its password sharing crackdown
fueled subscriber growth. Are both stocks worth buying now? Also in focus: More earnings winners and losers,
the Dow aims for a nine-day win streak and gets help from Johnson & Johnson's Q2 results and outlook,
Taiwan Semiconductor's first profit drop in four years and what it could mean for the chip sector,
Blackstone hits $1 trillion in assets, Cramer explains why one particular homebuilder is the "key to this market."