Squawk on the Street
Rolling a "7" for Tech, Boeing's $19B Capital Raise, Trump Rally and Musk's $2T Message 10/28/24
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Show notes
With the Nasdaq in the midst of a seven-week win streak, Carl Quintanilla, Jim Cramer and David Faber explored what to expect as we enter the busiest week of earnings season -- including results from five of the "Magnificent 7." Boeing announced a $19 billion capital raise in wake of the jet maker's safety issues and machinists' strike. The anchors discussed shares of Trump Media extending Friday's big gains, plus reaction to former President Trump's Sunday rally at New York's Madison Square Garden -- where Elon Musk stated his case for cutting $2 trillion from the federal budget. Also in focus: Oil prices tumble, Delta sues CrowdStrike, McDonald's says it will resume selling the Quarter Pounder after its beef supply was cleared in an E. coli investigation, the staggering post-IPO returns from Home Depot.
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