Squawk on the Street
Twitter Surges on Musk Stake, Schultz Returns As Starbucks CEO and Exclusives With the CEOs of AMD and Liberty Media. 4/4/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber began the show with reaction to big news regarding Twitter: The stock surged after Elon Musk disclosed a 9.2% stake in the company. The anchors also explored Starbucks founder Howard Schultz's return to the company as CEO on an interim basis and his decision to suspend the coffee chain's stock repurchasing program. AMD CEO Lisa Su joined the program exclusively to discuss her company's $1.9 billion acquisition of cloud startup Pensando and how it fits into her company's data center strategy, plus her take on the supply chain. In another exclusive, Liberty Media CEO Greg Maffei was interviewed about a wide range of topics, including his recent announcement about Formula 1's Grand Prix coming to Las Vegas. Also in focus: What Jamie Dimon said about the Fed in his annual letter to JPMorgan Chase shareholders. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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