Jim Cramer's top 10 things to watch in the market Friday: Banks swoon, Tesla cuts prices

The Dow Jones Industrial Average and the S & P 500 closed Thursday on three-day winning streaks and the Nasdaq finished up for a fifth straight session. Our trusted S & P Oscillator is at plus 9.5% as of Thursday's close. Rarely this overbought. But breadth is great so might be able to transcend. 2. Club holding Wells Fargo saw fourth-quarter earnings cut in half to 67 cents per share due to regulator settlement costs and higher loan reserves. Revenue fell 5.7% to $19.

Delta Air Lines shares drop as higher costs hit first-quarter guidance. The carrier in Q4 did beat on earnings and revenue. Adjusted EPS $1.48 on $12.29 billion, excluding refinery sales. 8. Mizuho says 2023 estimates for Amazon are 10% too high. This is our line at the Club as well, unless they really start cutting costs. I've said repeatedly the 18,000 announced job cuts are just a drop in the bucket of the reductions that are needed. 9. Tesla cuts prices — as much as $20,500 in U.S.

“Big Mach-E spike. BIG. MACH-E. SPIKE.” TeslaPodcast, glad you fired this clown 🤡

I rather listen to David

Yeah, and what’s your point? Every company does the same when competition turns up the heat.

Today is expiry otherwise Tesla would have gone deep red….

never forget ... Cramer's a rocket scientist ;)

Tesla Cutting prices to keep production saves jobs. Being less too rich does not seem to bother elonmusk. tt:lizpeek berthacoombs

They're cutting prices to help transition the World to sustainable energy like the company mission states. High prices was never apart of the plan.

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