Microsoft and Alphabet Lead Tech Sector Slump, Plus: Exclusives With the CEOs of Boeing and Bristol Myers Squibb 10/26/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to shares of Microsoft and Google parent Alphabet falling sharply and pulling the Nasdaq lower after the tech giants posted quarterly results. Two CEOs joined the program exclusively: Boeing's Dave Calhoun discussed what's next for his company after its unexpected quarterly loss -- and Bristol Myers Squibb's Dr. Giovanni Caforio outlined the drugmaker’s earnings beat despite the stronger dollar's impact on sales. Also in focus: What quarterly results from the likes of Visa, Chipotle and Mattel are telling us about the consumer, plus a look at what to expect from Meta's after-the-bell earnings report.
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