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CNBC's "Last Call"

Tesla Drops Again After Earnings, Should It Still Be In The Magnificent 7? 1/24/24

Jan 25, 2024
The podcast discusses Tesla's recent earnings and the debate surrounding its inclusion in the Magnificent 7 tech stocks. It also covers other topics such as IBM's transition to software and consulting, Nikki Haley's loss in New Hampshire and potential backers, and the FAA's announcement regarding grounded Boeing 737 max 9 planes.
44:59

Podcast summary created with Snipd AI

Quick takeaways

  • Boeing's grounded 737 Max 9 planes can resume operations following FAA approval, while production expansion for Boeing 737 Max jet has been halted, raising concerns about future production plans.
  • The decline of local journalism continues as California bill proposes payment for journalist content on social media, but faces resistance from tech giants and limitations on effectiveness.

Deep dives

Return of Boeing 737 Max 9 planes after inspection

The FAA announced that airlines can begin bringing grounded Boeing 737 Max 9 planes back into service after a thorough inspection. United and Alaska Airlines hope to have some of these planes flying again starting as early as Sunday. This is positive news for the airlines, as they can resume operations with these planes. Meanwhile, the FAA has also halted production expansion for the Boeing 737 Max jet, which is a setback for Boeing. It remains to be seen how this will affect Boeing's future production plans.

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