Faber Report: Microsoft & TikTok, Teladoc CEO & Livongo Executive Chairman on Mega Deal, Nikola Executive Chairman as Stock Tanks
Squawk on the Street - En podcast af CNBC
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Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers and deals of the morning. Teladoc and Livongo announcing they’re merging in a deal worth $18.5 billion. The CEO of Teladoc and the Executive Chairman of Livongo joining the “Squawk on the Street” team to discuss the deal and future of the newly combined company. A Faber Report to kick off the morning on Microsoft & TikTok. David’s sources telling him Microsoft & Bytedance hope to reach a deal in three weeks and the focus has been on a deadline to transfer software code. Shares of Disney surging after reporting results. The company revealing 100 million streaming subscribers and its plans to launch a new streaming service. Disney also announcing it’s highly anticipated ‘Mulan’ is finally heading to Disney+ for $29.99. Plus, shares of Nikola getting hammered after its first financial report since going public. The Executive Chairman of the company joining the show to discuss the road ahead and how pandemic-related supply-chain disruptions impacted the company. Volatility reins for shares of Novavax as the company’s coronavirus vaccine generates promising immune response in its early trail.