Stocks Fall Despite Amazon's Blowout Quarter, The Bulls Winning In April, Twitter Tumbles, and Apple vs. the EU

On the final trading day of what has been a strong April for stocks, Carl Quintanilla and Jim Cramer led off the show with a look at blowout quarterly results from Amazon which sent the stock higher. They explored Amazon's dominance over retail and the strength in its Amazon Web Services unit -- and that with lots of cash on the sidelines, big tech names such as Amazon, Alphabet and Facebook are poised to benefit. On the flip side, Twitter shares tumble as investor concerns about expenses and the possibility of slower user growth overshadow better-than-expected results. As we end a bullish month of April, the anchors explored whether investors will "sell in May and go away." Cramer digs deep into the stocks he says are coming out of the earnings season "not unscathed." Apple also in the spotlight after the EU accused the tech giant of antitrust violations over App Store rules after a complaint by Spotify -- whose founder and CEO Daniel Ek told the anchors earlier in the week the music streaming service is "fighting for a level playing field." Also in focus: What Caterpillar CEO Jim Umpleby told CNBC about the global chip shortage, and looking back at a blockbuster week of CEO interviews on "Squawk on the Street": You'll hear what the CEOs of Boeing, AMD and Starbucks had to say about the outlook for reopening. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.