FedExs Global Recession Warning, GEs Supply Chain Woes, Paramount CEO Bob Bakish 9/16/22
b'Carl Quintanilla, Jim Cramer and David Faber discuss the market selloff, picking up steam, after a stark warning from the CEO of FedEx. Raj Subramaniam joining Jim on \\u201cMad Money\\u201d warning of a global recession, \\u201cI think so. But you know, these numbers, they don\\u2019t portend very well.\\u201d Shares of FedEx hammered after results missed on both the top and bottom lines. The company also withdrew its full-year guidance and announced significant cost-cutting measures including deferred hiring and shutting 90 offices and five corporate offices. Jim and David hone in on GE for the \\u201cMad Dash\\u201d after the company said supply chain issues continued to weigh on the third quarter. Carl, Jim and David break out the other big movers of the morning including Uber, NCR, Apple, Huntsman and Tesla. David gives a sneak peak of his interview with Paramount CEO Bob Bakish, singing a more optimistic tune about the ad market.'