Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers and deals of the morning. Teladoc and Livongo announcing they’re merging in a deal worth $18.5 billion. The CEO of Teladoc and the Executive Chairman of Livongo joining the “Squawk on the Street” team to discuss the deal and future of the newly combined company. A Faber Report to kick off the morning on Microsoft & TikTok. David’s sources telling him Microsoft & Bytedance hope to reach a deal in three weeks and the focus has been on a deadline to transfer software code. Shares of Disney surging after reporting results. The company revealing 100 million streaming subscribers and its plans to launch a new streaming service. Disney also announcing it’s highly anticipated ‘Mulan’ is finally heading to Disney+ for $29.99. Plus, shares of Nikola getting hammered after its first financial report since going public. The Executive Chairman of the company joining the show to discuss the road ahead and how pandemic-related supply-chain disruptions impacted the company. Volatility reins for shares of Novavax as the company’s coronavirus vaccine generates promising immune response in its early trail.
Squawk on the Street
Faber Report: Microsoft & TikTok, Teladoc CEO & Livongo Executive Chairman on Mega Deal, Nikola Executive Chairman as Stock Tanks
Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers and deals of the morning. Teladoc and Livongo announcing they’re merging in a deal worth $18.5 billion. The CEO of Teladoc and the Executive Chairman of Livongo joining the “Squawk on the Street” team to discuss the deal and future of the newly combined company. A Faber Report to kick off the morning on Microsoft & TikTok. David’s sources telling him Microsoft & Bytedance hope to reach a deal in three weeks and the focus has been on a deadline to transfer software code. Shares of Disney surging after reporting results. The company revealing 100 million streaming subscribers and its plans to launch a new streaming service. Disney also announcing it’s highly anticipated ‘Mulan’ is finally heading to Disney+ for $29.99. Plus, shares of Nikola getting hammered after its first financial report since going public. The Executive Chairman of the company joining the show to discuss the road ahead and how pandemic-related supply-chain disruptions impacted the company. Volatility reins for shares of Novavax as the company’s coronavirus vaccine generates promising immune response in its early trail.
- Broadcast on:
- 05 Aug 2020