SQUAWK BOX, WEDNESDAY 27TH APRIL, 2022

SQUAWK BOX, WEDNESDAY 27TH APRIL, 2022

Tech stocks hit a 12-month low, compounding heavy losses for US markets in April and pulling the Nasdaq down to its worst day since September 2020. Meanwhile, Russia appears to come good on its threat to begin using its gas exports as a tool in its war with Ukraine, and standoff with Western allies. Moscow cut off gas supplies to Poland and Bulgaria, in what a top Ukrainian official calls 'the beginning of the gas blackmail of Europe'. And, we are in the thick of earnings season. Credit Suisse announced major changes at the top and reveals adjustments to its executive board, while confirming a first quarter loss and a tough time for client activity. In U.S. tech, a stronger than expected forecast sends shares of Microsoft higher in extended trade, but Alphabet disappoints on declining YouTube revenue. CFO Ruth Porat attributes part of the disappointing quarter to the tech giant's pull-back from Russia.

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Episoder(1846)

Trump arrives at G7 summit following Iran peace deal signing

Trump arrives at G7 summit following Iran peace deal signing

U.S. President Donald Trump arrives at the G7 summit in Evian, France, touting a win via the signing of a peace framework with Iran. The deal extends the ceasefire by 60 days and re-opens the Strait o...

16 Jun 29min

U.S. and Iran reach peace deal

U.S. and Iran reach peace deal

The U.S. and Iran agree to a plan to end the war and reopen the Strait of Hormuz. Negotiations about Iran’s nuclear capabilities will be discussed over the next 60 days. Crude prices fall back towards...

15 Jun 32min

Investors await historic SpaceX listing

Investors await historic SpaceX listing

Global investors eagerly anticipate today’s SpaceX IPO – the biggest in history – with the company raising $75bn ahead of listing. President Trump postpones strikes on Iran, saying a peace agreement c...

12 Jun 28min

Iran vows to target Strait of Hormuz-bound ships

Iran vows to target Strait of Hormuz-bound ships

The U.S. and Iran exchange fire for a second night with Iran targeting U.S. bases in the Gulf, vowing to target any vessels crossing the Strait of Hormuz. President Trump has voiced frustration over s...

11 Jun 27min

 U.S.-Iran resume fire following downing of Apache in Gulf

U.S.-Iran resume fire following downing of Apache in Gulf

The U.S. and Iran exchange fire following the downing of an American Apache helicopter over the Strait of Hormuz. Tehran claims to have targeted U.S. bases in Jordan, Kuwait and Bahrain as a result. A...

10 Jun 29min

OpenAI targets $1tn US listing

OpenAI targets $1tn US listing

OpenAI decides to confidentially file to list with a reported target valuation of $1tn. Perplexity CEO Arvand Srinivas tells CNBC he hopes to take his company public in the medium term and that the su...

9 Jun 29min

Israel and Iran trade missile strikes

Israel and Iran trade missile strikes

Israel and Iran have exchanged fire for the first time since April which pushes oil futures higher and potentially jeopardizing a peace agreement. The A.I. sell-off on Friday continues into the new we...

8 Jun 25min

SpaceX IPO roadshow launches

SpaceX IPO roadshow launches

Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indi...

5 Jun 25min

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