Squawk on the Street

Profiting From Black Friday, the China COVID Effect Hits Apple, M&A: The FTC vs. Microsoft-Activision 11/25/22

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Show notes

Carl Quintanilla, David Faber and Morgan Brennan covered all of the retail bases on Black Friday, focusing on what
investors can expect from the nation's chain stores this holiday season. A Cowen retail analyst joined the
program with his Black Friday picks. A report from on the ground in Beijing: Apple shares under pressure as the company
tries to quell unrest at Foxconn's major iPhone factory amid China's COVID-19 lockdowns and a rise in infections.
The anchors reacted to a report which says The Federal Trade Commission is likely to challenge Microsoft's planned $69 billion
acquisition of Activision. Oppenheimer Asset Management's chief strategist offered his market outlook. Will we see
a "Santa Claus rally"?
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