Reaction to Facebook's Q3 Results, Zuckerberg Slams "False Picture," 3M and GE Join the Earnings Parade, Trillion-Dollar Tesla, The Market's Record Run, and DraftKings Pulls Its $22B Takeover Bid

Published: Oct. 26, 2021, 3:02 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber began the show by exploring mixed quarterly results from Facebook -- and weighing in on Mark Zuckerberg\'s earnings call comments. In wake of whistleblower allegations, Zuckerberg complained about a "coordinated effort to selectively use leaked document to paint a false picture of our company." The anchors also discussed the impact that Apple\\u2019s new privacy restrictions had on Facebook\'s ad sales growth. Carl, Jim and David also took an in-depth look at market reaction to earnings from the likes of 3M, General Electric and UPS \\u2013 and where supply chain issues fit into the picture. The future for Tesla also in the spotlight one day after its market cap surpassed $1-trillion for the first time. The anchors discussed what investors should make of Tesla\'s valuation. Also in focus: A new intraday record high for the Dow and S&P 500, DraftKings withdraws its $22-billion bid to acquire U.K.-based sports betting company Entain, and a report stating that Apple is likely to face a Justice Department antitrust suit.'