Squawk on the Street
Hot Inflation Data, Nvidia Reaches Amazon’s Market Cap, TV Ratings Record 2/13/24
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
Carl Quintanilla, Jim Cramer and David Faber started the show by breaking down the hotter-than-expected inflation data, with CPI rising 0.3% in January. The morning data sent stocks lower and yields spiking; the Dow dropped 500 points during the first hour of trading. The anchors then shifted to a look at some high-flying tech names, as Nvidia overtook Amazon in market value, making the tech giant America’s 4th largest company. Also in the mix: the desk also mentioned the viewership numbers from Super Bowl 58. More than 123 million Americans tuned into the game, making it the most-watched television show ever.
Squawk on the Street Disclaimer
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.