Earnings Parade: Beats for GM and Coke, UPS Misses, "Mag 7" On Deck 7/23/24
After the best day for stocks since early June, Carl Quintanilla, Jim Cramer and David Faber explored market reaction to a batch of earnings -- including better-than-expected results from General Motors and Coca-Cola, as well as UPS' Q2 miss and lowered outlook that sent the stock tumbling. The anchors also discussed what to expect from Magnificent 7 companies Tesla and Alphabet when they report quarterly results after Tuesday's close of trading. Media also in focus -- from the Warner Bros. Discovery-Amazon battle over NBA rights, to earnings from Comcast. Disclosure: Comcast is the parent of NBCUniversal, of which CNBC is a unit. Squawk on the Street Disclaimer
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Show Notes
After the best day for stocks since early June, Carl Quintanilla, Jim Cramer and David Faber explored market reaction to a batch of earnings -- including better-than-expected results from General Motors and Coca-Cola, as well as UPS' Q2 miss and lowered outlook that sent the stock tumbling. The anchors also discussed what to expect from Magnificent 7 companies Tesla and Alphabet when they report quarterly results after Tuesday's close of trading. Media also in focus -- from the Warner Bros. Discovery-Amazon battle over NBA rights, to earnings from Comcast.
Disclosure: Comcast is the parent of NBCUniversal, of which CNBC is a unit.
Squawk on the Street Disclaimer
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