Squawk on the Street
Extending the Market Sell-off, Cisco CEO On the Company's Weak Outlook, and Elon Musk Calls ESG a "Scam." 5/19/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets extending losses after Wednesday's massive sell-off: The worst for the Dow and S&P 500 since 2020. Jim offers his takeaway for investors. Cisco CEO Chuck Robbins joined the anchors on set for an exclusive interview: They discussed his company's guidance that slammed the stock -- and where the COVID lockdown in China and the war in Ukraine fit into the picture. Also in focus: Navigating inflation and exposure to China, Elon Musk's Twitter rant about Tesla being removed from an S&P ESG index, and Melvin Capital to unwind funds after suffering major losses from meme stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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