Squawk on the Street
Caterpillar and Uber CEOs, the Pelosi-Taiwan Effect on Markets, and Pinterest Surges. 8/2/22
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 and Jim Cramer discussed what investors should make of market jitters surrounding House Speaker Nancy Pelosi's planned visit to Taiwan and its potential impact on U.S.-China relations. The anchors spoke exclusively with Caterpillar CEO Jim Umpleby about quarterly results that weighed on the stock -- and how supply chain constraints fit into the picture. Uber CEO Dara Khosrowshahi also joined the program: The stock up double-digits as quarterly revenue doubled and cash flow turned positive for the first time. Also in focus: Pinterest shares surge on activist investor news and a beat on user numbers, and Twitter reportedly subpoenas Elon Musk's associates. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
for information about our collection and use of personal data for
advertising.