Markets Rally, Apple Beats, Jobs Jump and Regional Banks Rebound 5/5/23

Published: May 5, 2023, 2:56 p.m.

b"Carl Quintanilla, Jim Cramer and David Faber explored what investors should make of Friday's \\nmarket rally after four days of selling. Both Apple's earnings and the government's April jobs report beat expectations, \\neasing concerns about the possibility of a recession. Regional banks were in rebound mode, recouping some of \\nthis week's steep losses that were sparked by renewed worries about the group. Also in focus: \\nWarner Bros. Discovery's quarterly loss and streaming profit, Lyft tumbles, Icahn vs. Hindenburg, \\nplus reaction to travel earnings from Expedia and Booking Holdings.\\n\\nSquawk on the Street Disclaimer"