
Squawk on the Street Earnings on Parade: Big Interviews With the CEOs of Boeing, AMD, Starbucks and Spotify – Plus Market Reaction to Microsoft and Alphabet’s Quarterly Results
Apr 28, 2021
51:29
On a day in which more than 40 S&P 500 companies are reporting quarterly results, Carl Quintanilla, Jim Cramer and David Faber led off a huge show with reaction to a barrage of earnings reports including those out of big tech: Shares of Google parent Alphabet surge after the company posted its most profitable quarter ever, while Microsoft shares fall despite better-than-expected quarterly results and guidance – the company booking its biggest revenue growth since 2018. The anchors and Phil LeBeau interviewed Boeing CEO Dave Calhoun about the company’s sixth-consecutive quarterly loss and why he feels the jet maker has turned the corner as domestic markets rebound. AMD CEO Lisa Su joined the program to discuss her company’s better-than-expected results and how it is navigating the global chip shortage. The anchors also interviewed Starbucks CEO Kevin Johnson about his company’s results and strategy to grow sales amid a ramp-up in COVID vaccinations. We end the hour with
Spotify CEO Daniel Ek: The music streaming service’s guidance taking a toll on the stock. You’ll want to hear what he has to say about his bid to acquire legendary UK soccer team Arsenal. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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