Squawk on the Street
SOTS 2nd Hour: Apple’s Surprise Sales, Amazon’s Cloud Dreams, and Boeing’s Light At The End Of The Tunnel 11/1/24
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Show notes
Carl Quintanilla and Leslie Picker broke down the latest results out of big tech – namely Apple and Amazon. Are concerns over holiday iPhone demand overblown? Wedbush’s Dan Ives defended his bullish thesis as Apple shares underperformed. Headed in the opposite direction? Amazon – the stock gaining after at least 10 firms raised their price targets on the name following strong earnings; SOTS broke down the numbers with one analyst forecasting more gains ahead.
Also in focus: A noisy October Jobs Report; Boeing’s newest labor proposal for striking workers; Financials’ October rally
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