Squawk on the Street
SEC Chair Gary Gensler, J&J and P&G Report, First Bitcoin Futures ETF
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Show notes
Carl Quintanilla, Jim Cramer and David Faber began the show with a look at two Dow components reporting results. P&G topped earnings estimates despite facing increasing commodity and transportation costs. Johnson & Johnson also beat expectations and raised is full-year outlook, noting strength across all its businesses. The anchors also spoke with SEC Chair Gary Gensler in a wide-ranging interview, including the agency’s Gamestop report as well as the first Bitcoin Futures ETF making its market debut. Also in the mix: Goldman Sachs added Walmart to its conviction buy list, saying the company’s profit rebound can boost that stock nearly 40%. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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