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Markets Look to Go "Fourth," Chips Jump on "Samsung Effect," UK PM Johnson Resigns, M&A: Merck-Seagen and Antitrust, and GameStop's Split Decision  7/7/22

Markets Look to Go "Fourth," Chips Jump on "Samsung Effect," UK PM Johnson Resigns, M&A: Merck-Seagen and Antitrust, and GameStop's Split Decision 7/…

FromSquawk on the Street


Markets Look to Go "Fourth," Chips Jump on "Samsung Effect," UK PM Johnson Resigns, M&A: Merck-Seagen and Antitrust, and GameStop's Split Decision 7/…

FromSquawk on the Street

ratings:
Length:
44 minutes
Released:
Jul 7, 2022
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber explored the broader markets looking to extend their daily win streak to four, following Wednesday's release of the Fed minutes. The chip sector among the gainers after Samsung's preliminary results showed the company’s best second-quarter profit in four years. Jim explained why his enthusiasm extends beyond semiconductor stocks. Also in focus: UK Prime Minister Boris Johnson resigns, M&A and antitrust with Merck reportedly near a $40-billion deal to buy Seagen, plus “meme stocks” rising -- GameStop declares a 4-for-1 stock split and Bed Bath & Beyond discloses insider purchases by its interim CEO and two board members.
Released:
Jul 7, 2022
Format:
Podcast episode

Titles in the series (100)

The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.