Squawk on the Street
Dow Win Streak vs. Tech Sell-off, AmEx Shares Slump, Pres. Biden's Meeting With Major AI Companies 07/21/23
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Show notes
David Faber, Sara Eisen and Mike Santoli explored what's ahead for the markets after Thursday's
tech sector sell-off as well as the Dow's ninth straight day of gains for the first time since 2017.
Speaking of the Dow, shares of American Express fell sharply despite the company posting record quarterly revenue and
an all-time high in credit card spending. The anchors also discussed what to expect from President Biden's Friday meeting
with executives of AI companies including Microsoft, Google and Amazon. Also in focus: CSX's revenue miss, the
SiriusXM short squeeze, rally week for the regional banks, the latest on the FTC vs. the Microsoft-Activision deal.
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