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Podcast: Squawk Box Europe Express
Episode: SQUAWK BOX, WEDNESDAY 4TH JANUARY, 2023
Description: Apple’s market cap falls below $2tn on the first trading day of the year as shares slump. The iPhone maker’s decline continues into 2023 after a year which saw its valuation drop by $1tn. Tesla misses Q4 delivery estimates, causing shares to slump 12 per cent. CEO Elon Musk now faces an investor backlash over demand and supply chain concerns. Forecasts of warmer winter temperatures push U.S. and European natural gas prices lower, helping to ease inflationary pressures in Germany. In Washington, House Republicans are in disarray after failing to elect Kevin McCarthy as Speaker after three votes – the fi...