Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23
Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23

Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23

The Rock

39 min
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<p>Carl Quintanilla Jim Cramer and David Faber led off the show with big tech and Salesforce: </p><p>Shares of the Dow component fell despite a quarterly beat, raised guidance and a focus on AI.</p><p>Worries about consumer demand in the spotlight: Macy's slashes its full-year guidance and Dollar General</p><p>posts a quarterly miss along with a lowered outlook. Also in focus: Target enters June with a nine-session losing streak, </p><p>the House passes the bipartisan debt ceiling bill,  two Fed officials make the case for skipping a rate </p><p>hike this month, playing the cloud stocks, billionaire Bill Ackman urges Jamie Dimon to run for president.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>

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Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23 - Listen Free | WowFM