Squawk on the Street
Big COVID-19 Vaccine News In The US And UK, Tesla's $5B Stock Offering Plan, And The "Worst Streaming Service"
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Show notes
Carl Quintanilla, Jim Cramer and David Faber discussed major developments regarding COVID-19 vaccines and what they could mean for the markets: The FDA said data from Pfizer’s vaccine trials were "consistent" with recommendations put forth by the agency for an emergency use authorization. Also, The UK has begun vaccinating its citizens in an effort to combat the virus. The anchors reacted to Pfizer board member and former FDA Commissioner Dr. Scott Gottlieb telling CNBC that The Trump administration declined "multiple times" to accept Pfizer’s offer to provide the U.S. government with additional coronavirus vaccines. Also in focus: Tesla's $5-billion stock offering plan following a record run-up in its share price, plus why film director Christopher Nolan is ripping the Warner Brothers studio and calling HBO Max "the worst streaming service."
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