Squawk on the Street
Fed Decision Day, Starbucks and Airbnb Jump on Earnings, Lyft and Uber Sink, and An Exclusive With AMD's CEO 5/4/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with what to expect from the most-anticipated Fed meeting in many years: Chair Jerome Powell and policymakers expected to announce a 50-basis point interest rate hike. How many more hikes can investors expect? Earnings also in the spotlight: Starbucks and Airbnb rise after beating the street. Lyft shares plummeted on results and guidance, prompting Uber to move up the timing of its own its earnings announcement. In an exclusive, AMD CEO Lisa Su joined the program to discuss what drove the chipmaker’s better-than-expected quarterly results and guidance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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