Squawk on the Street
Musk's New Push to Exit Twitter Deal, Exxon-Russia Dispute, Best Buy's Boost and the "Powell Sell-off" 8/30/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing Elon Musk's newest filing aimed at terminating his
agreement to buy Twitter -- he cites whistleblower allegations against the company. The anchors also explored the markets looking to rebound from two days of selling due to Fed Chair Jerome Powell's Jackson Hole comments. Also in focus: ExxonMobil's project dispute with Russia intensifies, Best Buy spikes on an earnings beat, energy stocks fall, meme stocks' volatility, plus shares of First Solar heat up -- how $1.2 billion fits into the picture.
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