ESPN-Fox-WBD Sports Streaming Venture, Snap Plummets, Profit Drivers for Uber and Ford 2/7/24

Published: Feb. 7, 2024, 3:38 p.m.

b"Carl Quintanilla, Jim Cramer and David Faber kicked off the show by discussing a partnership that could shake up the media landscape: ESPN, Fox and Warner Bros. Discovery are teaming up to launch a sports streaming service later this year. The anchors also reacted to Snap shares tumbling more than 30% on a revenue miss and disappointing\\xa0guidance amid stiff competition on the ad sales front. Also in focus: What to expect from Disney results due out after Wednesday's close, Uber falls despite a Q4 beat and its first annual profit since going public, Moody\\u2019s downgrades NYCB to \\u201cjunk,\\u201d earnings winners and losers including Ford, Chipotle, Alibaba, Amgen and CVS Health.\\n\\n\\n\\nSquawk on the Street Disclaimer"