Target Jumps, Chinese Shares Slump, Markets Brace for Fed Minutes 8/16/23
Carl Quintanilla and Jim Cramer led off the show with shares of Target up sharply after a quarterly earnings beat overshadowed an earnings miss and lowered guidance. TJX beat on the top and bottom lines ahead of Walmart's results due out Thursday. What's the best way to play retail? Also in focus: China stocks under pressure amid concerns about that country's economy, markets looking past a rough Tuesday and awaiting the Wednesday release of Fed minutes, what to expect from Cisco's after-the-bell results, Nvidia's rebound, Cava's first earnings report since the Mediterranean restaurant chain's June IPO. Squawk on the Street Disclaimer
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Show Notes
Carl Quintanilla and Jim Cramer led off the show with shares of Target up sharply after a quarterly earnings beat overshadowed an earnings miss and lowered guidance. TJX beat on the top and bottom lines ahead of Walmart's results due out Thursday. What's the best way to play retail? Also in focus: China stocks under pressure amid concerns about that country's economy, markets looking past a rough Tuesday and awaiting the Wednesday release of Fed minutes, what to expect from Cisco's after-the-bell results, Nvidia's rebound, Cava's first earnings report since the Mediterranean restaurant chain's June IPO.
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