Scrutiny of Government Spending and Market Reactions

Carl Quintanilla, Sara Eisen and David Faber broke down the weakness in big tech. Alphabet shares dropped on its latest quarterly results, following a revenue miss and soaring AI investments. Apple shares were also under pressure on a report that China is considering a probe into the company’s App Store practices. Later in the hour, Eamon Javers discussed Elon Musk’s role in the U.S. government, after he was officially designated a “special government employee.” Also in the show: Shell CEO Wael Sawan joined the program to discuss how the company is navigating global trade tensions. 

Squawk on the Street Disclaimer