Squawk on the Street
Bezos To Step Down As Amazon CEO, Upbeat Results From Amazon And Alphabet, GameStop's Volatility, The Frenzy And The View From Reddit's CEO
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Show notes
Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at the future for Amazon after Jeff Bezos announced he is stepping down as CEO of the company. Amazon Web Services chief Andy Jassy has been chosen to succeed him in the top job. Bezos will become executive chairman. Carl, Jim and David also discussed blowout earnings from Amazon and Google parent Alphabet. GameStop and the Reddit-fueled frenzy remain in the spotlight: Treasury Secretary Yellen plans to meet with top financial regulators this week, and the anchors reacted to what the CEO of Reddit told Kara Swisher during a New York Times podcast. Also in focus: More earnings winners and losers -- plus M&A news, with Jazz Pharmaceuticals agreeing to buy GW Pharma for $7.2-billion in cash and stock. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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