A Stunning Admission From Ford’s CEO and Big Jumps for Roku, Cisco and Zillow 2/15/23

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 15 February 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ford’s top executive admitting the company is lagging way behind its competitors on costs and vows to cut inefficiencies in production. What the automaker has to do to regain its footing. Plus shares of Roku, Cisco and Zillow all on the move after their latest earnings reports. We dig into the numbers and bring you the trades. Fast Money Disclaimer

Transcript

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0:00.0	Right now in fast stuck in reverse, Ford's CEO calling his company dysfunctional.
0:06.5	The CFO adding Ford's out of $7 billion disadvantage to its rivals.
0:11.0	How did the auto giant dig itself into such a hole?
0:13.5	Plus, Tarnish Titan Goldman scrappy its credit card plans and pulling back and its consumer
0:18.1	biz, a push that cost the firm billions.
0:20.8	Could it end up costing David Solomon the CEO his job?
0:24.4	And later, Roku rebound, the one struggling streamer surging after hours on a revenue
0:28.0	beat.
0:29.0	A strong outlook will go inside the numbers.
0:30.8	And from the D-line to the bottom line, Eagle's defensive end, and Dominicans sue will
0:35.7	join us.
0:36.7	He may have lost his Super Bowl, but he's winning off the field.
0:39.6	We'll talk to him about his relationship to Warren Buffett and his financial literacy
0:43.3	push.
0:44.3	I'm Melissa Lee.
0:45.3	This is Fast Funny, we're live with the Nasdaq Market site on the desk tonight, Tim
0:47.9	Seymour, Steve Grasso, Jeff Mills, and Guy Adammy.
0:51.3	And we start off with a stunning admission from a major auto exec.
0:54.9	More to CEO Jim Farley opening up about why the company has fallen behind its competitors
0:59.4	and what it needs to do to improve its position.
1:02.0	Shares of forward down slightly today, it have lagged far behind the likes of Tesla and
1:05.8	GM this month.
	...

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