Squawk on the Street

SOTS 2nd Hour: Bitcoin $100K, Bath & Body Works CEO, Meta's $10B AI Investment 12/5/24

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David Faber, Leslie Picker and Mike Santoli began the hour by discussing Bitcoin hitting $100K, as the crypto’s rally reached new heights. The move higher came the same day that President-elect Trump said he would nominate Paul Atkins as SEC chair. Other names in the space like Microstrategy, Coinbase and Riot Platforms all rallied as well. The show later brought on Bath & Body Works CEO Gina Boswell to discuss her company’s holiday retail strategy. Also in the mix; the desk hit Meta’s plan to build a $10 billion AI data center in Louisiana.

 

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