Squawk on the Street
Twitter Slumps on Musk Tweet Drama, Markets Rally, Biting Into the Apple Slump, and Bitcoin Bounces Back 5/13/22
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Show notes
Carl Quintanilla and Jim Cramer wrapped up a volatile market week as the S&P 500 looks to avoid bear market territory. Cramer outlines whether you should
buy into Apple, Nvidia and other beaten-down tech names. Twitter shares tumble after Elon Musk tweeted that his takeover deal for the company is "temporarily on hold" --
following that with a tweet stating he is still committed to the acquisition. Carl, Jim and David Faber discussed what's at stake for Musk, Twitter and the $44 billion deal.
Also in focus: Bitcoin rebounds back above $30,000 after this week's major crypto sell-off, plus where Coinbase and Robinhood fit into the picture. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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