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Squawk on the Street

Apple Jumps On Car Plans Report, Stocks After Monday's Wild Ride, And Big Tech Under Fire

Carl Quintanilla, Jim Cramer and David Faber discussed the surge in Apple shares, extending their gains from Monday on a report that the company plans to enter the electric car market in 2024. The anchors explored what such a development could mean for Tesla. They also discussed what's next for stocks one day after the Dow closed with a gain after erasing a 423-point loss. Also in focus: Google and Facebook reportedly agreed to team up against possible antitrust action, M&A movers led by Peloton's new deal, and Alaska Air ordering new Boeing 737 MAX jets.

Broadcast on:
22 Dec 2020

Carl Quintanilla, Jim Cramer and David Faber discussed the surge in Apple shares, extending their gains from Monday on a report that the company plans to enter the electric car market in 2024.

The anchors explored what such a development could mean for Tesla. They also discussed what's next for stocks one day after the Dow closed with a gain after erasing a 423-point loss.

Also in focus: Google and Facebook reportedly agreed to team up against possible antitrust action, M&A movers led by Peloton's new deal, and Alaska Air ordering new Boeing 737 MAX jets.