Weak Economic Data, Stocks Falling to Close Out the Month, Big Earnings Movers, McDonald's CEO on COVID-19 and its Impact on His Company.
Carl Quintanilla, Jim Cramer and David Faber discuss the tough economic data as U.S. weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks. The busiest week of earnings season continues, as giants Facebook, Microsoft, Qualcomm and Tesla reported results. McDonald's among the company's reporting results, earnings missed but revenue beat. The fast-food giant seeing strong sales prior to the hit from COVID-19, but saw a sizeable decline once the pandemic hit. McDonald's CEO joining the "Squawk on the Street" gang to discuss the impact of coronavirus on his company's bottom line, the road ahead and how they're going to protect employees and customers going forward. The CEO's of DOW and ServiceNow also joining Carl, Jim and David to discuss earnings, the quarters to come and how the expect the virus will impact their companies going forward.
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