UPS to Cut 12,000 Jobs, GM Surges on Earnings, Apple Vision Pro Reviews 1/30/24
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Carl Quintanilla and Jim Cramer led off the show with news out of UPS: The company announced plans to cut 12,000 jobs after it issued a weaker-than-expected 2024 revenue outlook. A different story for General Motors: The stock surged on the automaker's Q4 earnings beat and guidance, which includes a "profit positive" picture for its U.S. EV portfolio. Also in focus: Apple Vision Pro reviews are out, earnings winners and losers, Elon Musk’s Neuralink and its brain chip implant, Jim highlights a stock that's up 660% from a year ago as it rides the AI wave. Squawk on the Street Disclaimer
