Meta Surges On Earnings, Q1 GDP Shrinks, An Exclusive With Southwest's New CEO, and "Sickness" for a Stay-At-Home Stock 4/28/22

Carl Quintanilla and Jim Cramer led off the show with a look at Meta shares surging on the Facebook parent's better-than-expected quarterly earnings and user growth. Is the worst over for the stock?. The anchors also reacted to GDP data showing the economy shrank at a 1.4% annual rate in the first quarter, marking contraction for the first time since early in the pandemic. What do Caterpillar and McDonald's earnings tell us about the economy? Southwest's new CEO Bob Jordan joined the program. Phil LeBeau and Jim interviewed him about the company's quarterly results, rising airfares and the airline's growth plan challenges. Also in focus: Teladoc shares plummet more than 40% on wider losses and weaker guidance -- a setback for investor and ARK Invest CEO Cathie Wood. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.