Earnings Parade: Beats for GM and Coke, UPS Misses, "Mag 7" On Deck 7/23/24
Squawk on the Street
00:00
Company Earnings Reports and Market Performance Overview
The chapter delves into earnings reports from various companies like UPS, Comcast, GM, Spotify, and CrowdStrike, alongside discussions on CEO testimonies and market performance for companies like GE and Danaher. It touches on growth potential in the healthcare sector, challenges faced by suppliers impacting revenue, and Coca-Cola's favorable performance with new successful brands like Fairlife. The conversation extends to preferences for stable stock market growth, insights on stock performance, and highlights on GM's SUVs and trucks driving profits while addressing struggles in China and the EV market.
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Transcript
