Squawk on the Street
Dow 40,000 and Beyond, Nvidia's Big Week, Apple-China Saga 05/20/24
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Show notes
Carl Quintanilla and Jim Cramer explored what's ahead for the markets after a week which saw theDow close above 40,000 for the first time ever. Jim spoke about what a "virtuous cycle" means for investors.
The anchors also discussed Nvidia ahead of its much-anticipated earnings report due out this week, as well as the firms raising their price targets on the stock. Also in focus: Apple reportedly slashing iPhone prices in China,
Tesla's video message to investors urging them to support Elon Musk's pay package, another big week of retail earnings, JPMorgan Chase's investor day, record run for gold and copper, oil prices and the death of Iran's president.
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