Markets on Jackson Hole Watch, Snowflake Melts, Paramount "Importance" for Bronfman 8/22/24
Aug 22, 2024•42 min
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Episode description
Carl Quintanilla, Jim Cramer and David Faber discussed the broader market aiming for its 10th positive session in 11 -- ahead of Friday's much-anticipated Jackson Hole speech by Fed Chair Powell.
Hear what Cramer had to say about the top-performing retailers in this environment. Shares of Snowflake tumbled despite an earnings beat and raised guidance.
Also in focus: An update on Edgar Bronfman's bid for Paramount, James Gorman to lead Disney's succession planning team, Meta’s record run, earnings winners and losers, Canada's rail strike.
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