• Tesla Tumbles, Alphabet’s Ad Miss, ‘Cracks’ In the Economy? 7/24/24

  • Jul 24 2024
  • Length: 42 mins
  • Podcast

Tesla Tumbles, Alphabet’s Ad Miss, ‘Cracks’ In the Economy? 7/24/24 By cover art

Tesla Tumbles, Alphabet’s Ad Miss, ‘Cracks’ In the Economy? 7/24/24

Listen for free

View show details

  • Summary

  • Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the tough quarters for Tesla and Alphabet, dragging both stocks lower at the open. Tesla posted a profit drop for the second straight quarter, while the company’s auto revenue dropped 7% year-over-year. Although Alphabet topped earnings estimates, shares of the tech giant were under pressure after the company missed its YouTube advertising revenue expectations. The desk also turned to the consumer; Visa reported results saying spending remains strong, while the JPMorgan desk said it sees signs the macro-economic picture may be ‘cracking.’ After the bells the anchors worked in some other big earnings, including AT&T getting a boost after beating estimates for subscriber additions on demand for higher-priced plans.

    Squawk on the Street Disclaimer
    Show more Show less
activate_primeday_promo_in_buybox_DT
Economics Personal Finance Politics & Government
Show more Show less

What listeners say about Tesla Tumbles, Alphabet’s Ad Miss, ‘Cracks’ In the Economy? 7/24/24

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com reviews

Amazon reviews
No Reviews are Available