Skip to content
SQUAWK BOX, WEDNESDAY 4TH JANUARY, 2023 episode artwork

Jan 4, 2023 37 min

SQUAWK BOX, WEDNESDAY 4TH JANUARY, 2023

from Squawk Box Europe Express

Apple’s market cap falls below $2tn on the first trading day of the year as shares slump. The iPhone maker’s decline continues into 2023 after a year which saw its valuation drop by $1tn. Tesla misses Q4 delivery estimates, causing shares to slump 12 per cent. CEO Elon Musk now faces an investor backlash over demand and supply chain concerns. Forecasts of warmer winter temperatures push U.S. and European natural gas prices lower, helping to ease inflationary pressures in Germany. In Washington, House Republicans are in disarray after failing to elect Kevin McCarthy as Speaker after three votes – the first majority leader not to receive his party’s backing in a century. And in New York, former FTX CEO Sam Bankman-Fried has pleaded not guilty to federal fraud charges. His trial date is set for October.

Episode details come from the podcast's RSS feed.

Embed this episode

Ready to play

SQUAWK BOX, WEDNESDAY 4TH JANUARY, 2023

0:00 37:35

No transcript yet.

Requests help us decide what to transcribe next.

Frequently asked questions

How long is this episode of Squawk Box Europe Express?

This episode is 37 minutes long.

When was this Squawk Box Europe Express episode published?

This episode was published on January 4, 2023.

Can I download this Squawk Box Europe Express episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.