EPISODE · Apr 23, 2026 · 41 MIN
Tech Earnings: Tesla Falls, ServiceNow Tumbles, IBM Slides 4/23/26
from Squawk on the Street · host CNBC
David Faber and Jim Cramer covered all of the bases on tech earnings: Tesla shares under pressure on comments from Elon Musk about capex plans and full self-driving, after the company posted mixed Q1 results. ServiceNow tumbled and IBM fell sharply despite both companies posting quarterly beats. Texas Instruments was a bright spot — rallying by double digits on upbeat results and guidance, fueled by strength in its industrials and data center businesses. Also in focus: SpaceX IPO watch, AI roundup, the slump in alternative asset manager stocks and the software sector, earnings winners and losers including results from American Express, Comcast and Blackstone. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What this episode covers
David Faber and Jim Cramer covered all of the bases on tech earnings: Tesla shares under pressure on comments from Elon Musk about capex plans and full self-driving, after the company posted mixed Q1 results. ServiceNow tumbled and IBM fell sharply despite both companies posting quarterly beats. Texas Instruments was a bright spot — rallying by double digits on upbeat results and guidance, fueled by strength in its industrials and data center businesses. Also in focus: SpaceX IPO watch, AI roundup, the slump in alternative asset manager stocks and the software sector, earnings winners and losers including results from American Express, Comcast and Blackstone. Squawk on the Street Disclaimer
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Tech Earnings: Tesla Falls, ServiceNow Tumbles, IBM Slides 4/23/26
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