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Hotter-Than-Expected PPI, the FTC vs. Microsoft-Activision, An Exclusive With Lululemon's CEO 12/9/22

Hotter-Than-Expected PPI, the FTC vs. Microsoft-Activision, An Exclusive With Lululemon's CEO 12/9/22

FromSquawk on the Street


Hotter-Than-Expected PPI, the FTC vs. Microsoft-Activision, An Exclusive With Lululemon's CEO 12/9/22

FromSquawk on the Street

ratings:
Length:
43 minutes
Released:
Dec 9, 2022
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to new wholesale inflation data:
The Producer Price Index for November came in hotter than expected, ahead of next week's Fed decision on interest rates.
David highlighted three items on investors' radar as the Federal Trade Commission seeks to block Microsoft's planned
acquisition of Activision Blizzard. Lululemon CEO Calvin McDonald joined the program to discuss his company's Q3 earnings beat, the holiday quarter guidance pressuring the stock and managing pricing power in an inflationary environment. Also in focus: Costco misses, the message from RH's CEO, Broadcom shares jump, Salesforce Chairman and Co-CEO Marc Benioff defends the company's stock and FTX founder Sam Bankman-Fried said he'll testify before Congress next week.
Released:
Dec 9, 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.