Markets Hit New Highs as Earnings Season Kicks Off, and Tesla Robotaxi Reveal Fails to Impress 10/11/24

Phil LeBeau, a CNBC reporter, dives into Boeing's dismal outlook with a projected $10 loss per share and major workforce cuts. Meanwhile, Gene Munster, an analyst, analyzes Tesla's underwhelming Cybercab reveal, raising questions about its future in the autonomous vehicle race against competitors like Uber. The podcast highlights market highs driven by strong banking performance while discussing broader economic implications, from hurricane impacts on insurance stocks to China's economic shifts and their effects on the global market.