Squawk on the Street

Waiting for the Fed, Instacart's IPO Day and $9.9B Valuation, Disney's Double 9/19/23

Interest rates in the spotlight: Carl Quintanilla, Jim Cramer and David Faber discussed stocks under pressure as the Fed kicks off its two-day policy meeting. The anchors also explored the state of the IPO market: Instacart heads into its Wall Street debut with a valuation of about $10 billion, while Arm shares fell for a third straight day after surging in its return to the public markets last week. Also in focus: Disney doubles investment in its parks business and ABC to air additional "Monday Night Football" games because of the Hollywood strikes, what Oracle CEO Safra Catz told Cramer about AI, UAW's message to Detroit’s Big 3 as its strike against Ford, GM and Stellantis enters day five.

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Broadcast on:: 19 Sep 2023

Interest rates in the spotlight: Carl Quintanilla, Jim Cramer and David Faber discussed stocks under pressure

as the Fed kicks off its two-day policy meeting. The anchors also explored the state of the IPO market: Instacart

heads into its Wall Street debut with a valuation of about $10 billion, while Arm shares fell for a third straight day after

surging in itsreturn to the public markets last week. Also in focus: Disney doubles investment in its parks business

and ABC to air additional "Monday Night Football" games because of the Hollywood strikes, what Oracle CEO Safra Catz

told Cramer about AI, UAW's message to Detroit’s Big 3 as its strike against Ford, GM and Stellantis enters day five.

Squawk on the Street Disclaimer