Squawk on the Street
The Markets, Earnings Season Kicks Off, And A Big Day For Apple And Amazon
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Show notes
As stocks entered the morning with a four-day win streak, Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the markets with earnings season getting underway. The anchors took an in-depth look at better-than-expected results from JPMorgan Chase and Citigroup as well as the challenges facing both banks. Plus, Johnson & Johnson's earnings were overshadowed by the company pausing a clinical trial of its COVID-19 vaccine. In an exclusive interview, the CEO of Delta Airlines discussed the carrier's wider-than-expected losses as his industry struggles amid the pandemic and hopes for an aid package from Congress. Also in focus: A big day for tech as Apple gears up for its product event and Amazon's "Prime Day" gets underway.
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