Squawk on the Street
ESPN's Sports-Betting Deal, Bracing for Disney Earnings, China Deflation 8/9/23
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Show notes
Carl Quintanilla, Jim Cramer and David Faberled off the show with all things Disney: The company's
ESPN unit struck a $2 billion U.S. online sports-betting agreement with Penn Entertainment, which is selling
Barstool Sports back to its founder Dave Portnoy. The anchors also explored what to expect from
Disney's quarterly results due out after the close of trading on Wednesday. Also in focus:
China enters deflation territory, Lilly's record run, earnings winners and losers, auto industry labor pains,
the rise and steep fall of stocks such as WeWork and Wheels Up.
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