Squawk on the Street
Markets Rally, Home Depot Jumps, Walmart Slumps, Musk's Bot Message to Twitter, and Citigroup Gets a "Buffett Bounce" 05/17/22
This episode isn’t summarized yet
Create a free account and summarize it. In a few minutes you’ll have the key takeaways and a section-by-section summary.
Show notes
Jim Cramer and Scott Wapner delved into what's driving stocks sharply higher after Monday's choppy session. Shares of Home Depot jumped and Walmart shares tumbled in reaction to the retailers' respective quarterly results and guidance. The anchors discussed how certain stocks are indications of which CEOs are successfully executing their strategies versus those who are not. Also in focus: Elon Musk says his deal to acquire Twitter "cannot go forward" until he receives clarity about the number of fake accounts, Warren Buffett's big bet on Citigroup and what other billionaire investors are buying and selling, plus more earnings winners and losers as United leads the airline stock rally. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
for information about our collection and use of personal data for
advertising.