End of a Volatile Market Week, Apple Jumps on Earnings, Robinhoods Slump Steepens and SARK vs. Cathie Woods ARKK
b'Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at Apple: Shares rose after the company posted better-than-expected quarterly results, including an 11% jump in revenue. The anchors reacted to what Apple CEO Tim Cook told CNBC about improvement in the supply chain as well as the sales performance of Apple\\u2019s products. Other earnings in the spotlight: Visa, Caterpillar and Chevron \\u2013 on the final trading day of a volatile week for stocks, with Nasdaq on pace for its worst January in history. Robinhood shares tumbled on wider-than-expected losses and weaker guidance. Carl, Jim and David reacted to earnings call comments by CEO Vlad Tenev about Robinhood\\u2019s stock price \\u2013 down more than 70% from its IPO price. Cramer highlighted a tough month for Cathie Wood\\u2019s ARK Innovation ETF (ARKK) and the big surge by Tuttle Capital\\u2019s \\u201cSARK\\u201d \\u2013 an ETF that Jim says \\u201cliterally shorts whatever Cathie goes long.\\u201d Find out where \\u201cCutty Sark\\u201d fits into the mix.'