Squawk on the Street

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

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Show notes

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.


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