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Alibaba's Six-Way Breakup, AI and the Metaverse, Lyft Rises on CEO Shakeup 3/28/23

Alibaba's Six-Way Breakup, AI and the Metaverse, Lyft Rises on CEO Shakeup 3/28/23

FromSquawk on the Street


Alibaba's Six-Way Breakup, AI and the Metaverse, Lyft Rises on CEO Shakeup 3/28/23

FromSquawk on the Street

ratings:
Length:
46 minutes
Released:
Mar 28, 2023
Format:
Podcast episode

Description

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Alibaba. Shares rose sharply after the Chinese e-commerce giant announced plans to split into six independent units. The discussion included a flashback to the "Squawk on the Street" interview with Alibaba founder Jack Ma in 2014 on the company's IPOday. Also in focus: Disney ditches its metaverse unit, Goldman Sachs warns about labor market disruption when it comes to AI, lower bonus payouts at Meta, Lyft shares jump on news that the company named a new CEO, McCormick shares spike on earnings, a “Faber Report” on WWE. Squawk on the Street Disclaimer
Released:
Mar 28, 2023
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.