Squawk on the Street
General Electric CEO on Splitting GE Into Three Companies, Robinhood Gets Hacked and Nvidia Bets on the Metaverse
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with the big news of the morning: Legendary conglomerate General Electric announced it plans to split into three publicly-traded companies, representing aviation, healthcare and energy. GE Chairman & CEO Larry Culp appeared on the program to discuss why he thinks such a breakup is the right way forward for the company. Also in focus: Robinhood shares fall after the trading platform disclosed a data security breach that took place last week and affected seven million customers, Nvidia jumps after unveiling its metaverse platform and strategy, Roblox soars among earnings movers and AMC falls despite the movie theater chain's narrower-than-expected loss. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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