Georgia Runoff Effect: Stocks And The Senate, Bullish Bet On Tesla, M&A Wednesday, And Delisting Chinese Telecom Stocks: The NYSE Reverses Course... Again
Squawk on the Street - En podcast af CNBC
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Carl Quintanilla, Jim Cramer and David Faber focused on what's ahead for the stocks after Tuesday's Georgia runoff elections and the possibility of the Democrats taking control of the U.S. Senate: Tech stocks taking a hit while cannabis stocks rally. Jim discussed whether now is the right time to buy bank stocks. The anchors also explored the road ahead for Tesla shares, hitting a new all-time high after Morgan Stanley raised its price target on the stock to a Wall Street-high $810 per share. Also in the spotlight: The NYSE reversing course again and saying it will delist three Chinese telecom companies, plus a busy day for M&A: Walgreens and UnitedHealth each striking deals separately.