Squawk on the Street
Markets vs. the FTX Collapse, Retailers Rally and An Exclusive With Visa's Outgoing and Incoming CEOs 11/18/22
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Show notes
Jim Cramer and David Faber discussed stocks being on track for a negative week, but showing some resiliency
in the face of the FTX collapse and its impact on crypto. The anchors also explored a retail stocks rally including Foot Locker,
Ross Stores and Gap in reaction to their respective quarterly results. Visa CEO Al Kelly and incoming CEO Ryan McInerney joined Jim and David at Post 9 to discuss the company's leadership transition as well as crypto and the FTX crisis. Also in focus: crude oil falls below $80/barrel, David's Liberty Media interviews with Chairman John Malone on Paramount Global and Shari Redstone, and CEO Greg Maffei on the backlash against Ticketmaster's handling of Taylor Swift tour ticket sales.
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