Big Week for Earnings and the Fed, Tesla's January Surge, "Fly, Eagles, Fly" 1/30/23

Squawk on the Street

CNBC

Business, Investing, News

4.1 • 567 Ratings

🗓️ 30 January 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Quintanilla, Jim Cramer and David Faber focused on a big week for the markets, as Wall Street gears up for everything from key policy decisions by the Fed and other central banks -- to a slew of earnings including results from tech giants Apple, Amazon, Alphabet and Meta. The anchors also discussed what to make of the early 2023 tech rally -- the Nasdaq up 11% and Tesla surging 45% year-to-date heading into Monday's trading session. Also in focus: Salesforce and the activists, EV price cuts at Ford, takeover speculation involving Lucid, and Jim celebrates the Philadelphia Eagles advancing to the NFL's championship game. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Market moving insight and analysis joined Jim Kramer, David Faber, and me, Carl Kintania, on the opening bell hour of CNBC Squawk on the Street. Good Monday morning. Welcome to Squawk on the Street. I'm Carl Kaintena with Jim Kramer, David Faber, back at post nine of the New York Stock Exchange. Pre-markets read on an unusually busy week. A third of the S&P reporting earnings, central bank decisions, including the Fed,
0:21.7	a jobs number, an OPEC meeting, two-year yield is back to four and a quarter.
0:26.1	Robap today begins with a test of that rally. About 20 percent, as we said, of the S&P reporting
0:31.4	this week, including Apple, meta, Amazon, and Alphabet. Plus, we're keeping an eye on the EV,
0:36.9	so to speak.
0:40.9	Tesla shares, well, they're coming off their best week since 2013.
0:46.8	And then there's shares of Lucid up sharply on Friday and again this morning on these acquisition rumors.
0:48.2	And back at the White House, well, they're delivering a bit of a broadside to big oils, big
0:53.3	buybacks.
0:55.7	Let's begin with the Eagles going back to the Super Bowl after winning the championship five years ago.
1:01.2	As you know, by now, 31 to 7 over the Niners, a classic showdown now between what some argue, Jim, two best teams in the league.
1:09.0	Yeah, two best teams.
1:10.4	And Andy Reid was an unbelievable coach, friend.
1:15.4	Introduced me to Tyler Roseman, unbelievable general manager, friend.
1:19.8	That's HOF General Manager.
1:21.6	Look, I think it's going to be fantastic, good matchups.
1:26.2	And congratulations, but also to the Niners who tried hard without a real quarterback
1:31.5	and to the Bengals who tried hard except for when you hit someone illegally.
1:37.0	Yes.
1:38.2	People talking about 240 yards of penalties between the two championship games.
1:43.4	Yeah.
1:43.7	Ruffs were active. Yeah, these are supposed to be let them play, but two championship games. Yeah. Ruffs were active.
	...

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