Squawk on the Street
Recession Fears Fuel Market Sell-off, Bezos vs. Biden, Tesla Deliveries Disappoint and an Exclusive With Micron's CEO 7/5/22
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Show notes
Kicking off a holiday-shortened trading week, Carl Quintanilla Jim Cramer and David Faber discussed what to make of the broad sell-off, as recession worries overshadow reports that the White House is mulling the removal of China tariffs to combat inflation. The anchors also reacted to Jeff Bezos slamming President Biden for demanding companies that run gasoline stations lower prices at the pump. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss supply chain issues and the chipmaker's guidance that has weighed on the stock.
Also in focus: Tesla's Q2 deliveries miss Wall Street forecasts, Ford auto sales jump in June, and rough times for crypto. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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