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Squawk on the Street

Investors Weighing Geopolitical Risks, Reorganizing the Reporting Structure & Musk's Moves

Carl Quintanilla, Jim Cramer and David Faber discuss the geopolitical risks threatening stocks record run. Tesla opens at an all-time record high as the company announces a program to build the model "Y" SUV at its Shanghai gigafactory. Elon Musk showed his excitement by dancing and stripping off his jacket to reveal a t-shirt with a cartoon of the factory. Goldman Sachs is reorganizing its businesses now calling its four main segments global markets, investment banking, asset management and consumer & wealth management. The changes come just before the bank reports Q4 results next week and its first-ever investor day later this month.

Broadcast on:
07 Jan 2020

Carl Quintanilla, Jim Cramer and David Faber discuss the geopolitical risks threatening stocks record run. Tesla opens at an all-time record high as the company announces a program to build the model "Y" SUV at its Shanghai gigafactory. Elon Musk showed his excitement by dancing and stripping off his jacket to reveal a t-shirt with a cartoon of the factory. Goldman Sachs is reorganizing its businesses now calling its four main segments global markets, investment banking, asset management and consumer & wealth management. The changes come just before the bank reports Q4 results next week and its first-ever investor day later this month.