Markets Rally, Apple Beats, Jobs Jump and Regional Banks Rebound 5/5/23

<p>Carl Quintanilla, Jim Cramer and David Faber explored what investors should make of Friday's </p><p>market rally after four days of selling. Both Apple's earnings and the government's April jobs report beat expectations, </p><p>easing concerns about the possibility of a recession. Regional banks were in rebound mode, recouping some of </p><p>this week's steep losses that were sparked by renewed worries about the group. Also in focus: </p><p>Warner Bros. Discovery's quarterly loss and streaming profit, Lyft tumbles, Icahn vs. Hindenburg, </p><p>plus reaction to travel earnings fromExpedia and Booking Holdings.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>