The Dow Hits 40k For First Time Ever & Walmar...

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25-Year Old AI Hedge Fund Prodigy Wiped Out & Jersey Mike’s Goes Public

#901: The US economy grew more slowly in Q2 as the Iran war weighed on prices and supply chains. AI investor Leopold Aschenbrenner seeks new funding after massive losses. Jersey Mike’s raises $1 billion in its IPO. Tim Cook reports his last earnings call. Amazon’s cloud business ... Show more

. 31min 20sec

Investors Question Kevin Warsh’s Credibility & People Are Talking Less?

#900: A divided Fed holds interest rates but three members wanted to hike it up. Meta shares dip after reporting an earnings miss as it keeps spending money on data centers. Microsoft beat expectations thanks to its partnership with Anthropic. Then, Neal shares numbers on the bus ... Show more

. 29min 18sec

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Retail Records, Home Improvement Highs, and Pro Sports

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Walmart reports big earnings and big growth in e-commerce. Target surges on record same-store sales growth. Home Depot and Lowe’s hit all-time highs. Uber and Lyft attempt to navigate regulatory concerns. Foot Locker gets a boost from its latest quarter and reinstates its dividen ... Show more

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Stocks Slide At The Open, A Pair of Dow Retailers Report, Cathie Wood vs. Michael Burry

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Carl Quintanilla and Jim Cramer began with a closer look at yesterday’s record close with the S&P 500 doubling from its pandemic bottom, marking the fastest bull market rally since WWII. The anchors then shifted to a pair of big retailers reporting results. Home Depot saw shares ... Show more

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Dow Hits 38K for First Time Ever

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SQUAWK BOX, THURSDAY 28TH DECEMBER, 2023

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Wall Street is on course to post an eight-week winning street with the Dow hitting a new closing high and the S&P 500 not far off its own record peak. The NYT sues Microsoft and OpenAI in a billion-dollar suit over copyright infringement. Apple wins a major legal victory a ...

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