Squawk on the Street
Rollercoaster Week Rolls On: Markets Rally Ahead of Fed Decision, Exclusives With the CEOs of Boeing and AT&T, and the Cloud Boosts Microsoft
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Show notes
One day after another furious late session rebound for stocks – this one falling short – Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets rallying hours ahead of a much-anticipated Fed decision and statement. Microsoft giving the tech sector a big boost after reporting quarterly results and guidance. The anchors reacted to Microsoft’s earnings call, including CFO Amy Hood’s cloud growth comments that lifted the stock and CEO Satya Nadella’s remarks on how the Activision Blizzard deal could help Microsoft shape the metaverse. In an exclusive, Phil LeBeau and Jim interviewed Boeing CEO Dave Calhoun, who explained why the company’s $4.4 billion charge in the fourth quarter should not overshadow the progress his company is making. David spoke exclusively with AT&T CEO John Stankey about the company’s quarterly results, the wireless/broadband wars and when Stankey expects the “Warner Bros. Discovery” merger to close. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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