Squawk on the Street
Market Momentum, New FTC and DOJ Merger Guidelines, Waiting for Netflix and Tesla 7/19/23
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Show notes
Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending their rally that sent
stocks to highs not seen since April 2022. The anchors explored what to expect from Netflix and Tesla
quarterly results due out after the after Wednesday’s close of trading -- and reacted to mixed Q2 results from
Goldman Sachs. M&A in the spotlight: The FTC and DOJ released a draft of revised merger guidelines
which explain how the agencies "identify potentially illegal mergers." Also in focus: Microsoft-Activision
merger deadline extended to October, Carvana soars, shares of AT&T and Verizon get a much needed boost
in wake of lead cable exposure concerns, Cramer as a "Jeopardy!" clue.
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