Squawk on the Street
Apple's March Toward $3T, Cathie Wood's Bubble Message, GameStop Falls, RH on the Supply Chain "Mess" and An Interview With the Current and Future CEOs of Southwest Airlines.
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Show notes
Carl Quintanilla, Jim Cramer and David Faber explored the road ahead for shares of Apple as it marches toward a $3-trillion market valuation. They also reacted to what ARK Invest CEO Cathie Wood told CNBC about the "innovation stocks" in her ETFs. Wood said "we are nowhere near a bubble." GameStop drops on a wider loss from a year ago and disclosure of an SEC subpoena, but the "meme stock" still up more than 750-percent in 2021. Jim interviewed Southwest Airlines Chairman & CEO Gary Kelly and incoming CEO Robert Jordan after the carrier's investor day. They discussed travel demand amid the pandemic, ESG commitments, and Southwest's game plan for growth once Kelly passes the torch to Jordan. Also in focus: RH shares surge on earnings while its CEO calls supply chains "the worst we've ever seen," plus a "Faber Report" on the 2022 outlook for broadband and cable companies that have seen their stocks slump this year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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