Squawk on the Street
M&A Monday, Big Week for the Markets, BofA: “Short U.S. Tech" in 2023. 12/12/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the program with a busy day in M&A: Amgen agreeing to acquire Horizon Therapeutics in a deal valued at $27.8 billion, Thoma Bravo to take Coupa Software private in an $8 billion transaction and barbecue grill maker Weber agrees to a $2.3 billion buyout from BDT Capital. The anchors also explored what's at stake for the markets this week, with the Consumer Price Index due out Tuesday and the Fed's decision on interest rates scheduled for Wednesday. Also in focus: Bank of America says "Short U.S. Tech" is among its "Top 10 Trades for 2023," Tesla shares slump further as Elon Musk and Twitter remain in the spotlight, Goldman Sachs cuts RH to "Sell" as part of a wide-ranging
retail sector call, plus the anchors remember the motion picture, "Wall Street" -- 35 years later. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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