Nasdaq and Big Tech's Record Highs, Tesla Hotter In July, Paramount Soars 7/3/24

Heading into the 4th of July holiday, David Faber, Melissa Lee and Mike Santoli discussed what to make of big tech fueling the Nasdaq to a new all-time high. Microsoft, Apple and Amazon entered 

Wednesday's trading session at record closing highs. Tesla shares continue to rebound in a big way one day after the EV maker's better-than-expected Q2 deliveries. The stock is closer to erasing its 

steep losses for 2024. Paramount shares soared on M&A news: According to David’s sources, the company has reached a preliminary deal with Skydance. Also in focus: Ford Q2 auto sales, Southwest's "poison pill."

Marko Kolanovic reportedly out as J.P. Morgan Chief Market Strategist.

Squawk on the Street Disclaimer

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.