Morning After The Sell-off, Reaction To Salesforce And Airbnb Results, FDA Meets About J&J's COVID Vaccine, GameStop Marches Higher, And HP CEO On Beating The Street
On the final trading day of February, Carl Quintanilla, Jim Cramer and David Faber explored what to expect from stocks after Thursday's sell-off was sparked by concerns about higher yields. They also dug deep into earnings news from the likes of Salesforce and Airbnb and reacted to what the CEOs of both companies told CNBC. Johnson & Johnson's one-shot COVID-19 vaccine also in focus as a key FDA panel meets on whether to recommend it for earlier use. The anchors also weighed in on what Pfizer CEO Albert Bourla told NBC News' Lester Holt about how long it might take to tweak its vaccine to account for COVID variants. The GameStop saga rolls on: The stock continuing its surge for the week as it caps a rough February during the Reddit-fueled trading frenzy. HP CEO Enrique Lores joined the program to discuss his company's strong quarterly results and upbeat guidance -- as sales of laptops jump in wake of pandemic-driven work-from-home trends.
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