Squawk on the Street
Apple and Amazon's Big Tech Earnings Impact, Big Oil's Results and the Russia Effect, and Robinhood Takes a Hit. 4/29/22
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On the final trading day of April, Carl Quintanilla and Jim Cramer explored market reaction to big tech results: Apple's view on
supply constraints overshadow the company's quarterly beat, while Amazon tumbles on a quarterly loss and its slowest growth in two decades. Exxon Mobil and Chevron shares also down despite a surge in profits -- Exxon announced a $3.4 billion charge related to its planned exit from Russia.
Also in focus: Intel down sharply on earnings, Robinhood shares slump on declines in revenue and monthly active users,
why Chinese stocks are rallying, and Tesla jumps after Elon Musk said he plans no further sales of the stock in wake of his deal to buy Twitter. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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