Squawk on the Street
Buying Into the Post-Fed Sell-off, Adobe and Meta Jump, Musk & Twitter: The Suspension Saga 12/15/22
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Show notes
Jim Cramer and David Faber delved into another day of selling on Wall Street amid rate hike and recession worries.
Jim highlights the stocks he says "would do just fine" in a slowing economic environment. The anchors also discussed bright spots in the tech sector -- Adobe shares up sharply after posting a quarterly earnings beat and Meta higher on an upgrade from J.P. Morgan. Jim and David reacted to Twitter's decision to suspend accounts of several journalists, Elon Musk's tweets about that move, plus the "Musk effect" on slumping Tesla shares. Also in focus: A stock that doubled on news of a buyout. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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