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SQUAWK BOX, THURSDAY 9TH FEBRUARY, 2023 episode artwork

Feb 9, 2023 29 min

SQUAWK BOX, THURSDAY 9TH FEBRUARY, 2023

from Squawk Box Europe Express

We have a slew of European corporate earnings. Credit Suisse posts a consecutive net loss of CHF7.29BN for last year. However the outflow of business grabs the headlines with up to CHF111BN leaving the lender. Siemens smashes Q1 forecasts and raises its FY sales and profits guidance. Stateside, Disney stocks are up in after-hours trade after returning CEO Bob Iger announces a raft of reforms, including 7,000 job cuts and $5.5bn in cost-cuts. And Alphabet shares plunge following an error made by its A.I. chatbot in a promotional video clip.

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SQUAWK BOX, THURSDAY 9TH FEBRUARY, 2023

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