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Aug 2023
25m 43s

SQUAWK BOX, WEDNESDAY 9TH AUGUST, 2023

CNBC INTERNATIONAL
About this episode
The Chinese economy tips into deflation for the first time in over two years with consumer prices -0.3%, heaping further pressure on Beijing to step up the stimulus. Bank stocks lead Wall Street into the red after Moody's cuts the credit rating of ten regional lenders, while Italy's government partially backtracks on its planned bank windfall tax after lende ... Show More
Up next
Today
Nasdaq futures plunge on AI spending fears
Nasdaq futures plunge as Alphabet's half a trillion dollar wipe out rips through the sector... And Intel shares look set to follow suit, eyeing a 20 percent drop at the open. Elsewhere, Binance suspends withdrawals after suspected state-backed hackers infiltrate a corporate lapto ... Show More
23m 41s
Yesterday
Alphabet shares plunge after revenue miss
Alphabet shares tumble as an AI-driven spending spree rips a hole in the company's free cash flow - with the CFO flagging a significant capex increase to come next year too. Elsewhere, short-term yields fall as the Fed hits pause, despite a hawkish warning on inflation from Chair ... Show More
25m 50s
Oct 28
Europe's big banks lead earnings charge
Europe's banks lead the earnings charge with a standout performance from Stanchart; UBS meets expectations, but CEO Sergio Ermotti sounds the alarm over tougher capital requirements. Elsewhere, South Korean chip giant SK Hynix posts record quarterly revenues and a massive seven-f ... Show More
25m 45s
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