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Markets Extend Rally, U.S. vs. China on Chips, Loeb's ESPN Spin-off U-Turn, and Bitcoin 22K 9/12/22

Markets Extend Rally, U.S. vs. China on Chips, Loeb's ESPN Spin-off U-Turn, and Bitcoin 22K 9/12/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets aiming for a fourth straight day of gains ahead of key inflation data due out Tuesday. Cramer explained what he finds "most interesting" about this market moment. Jim is in Seattle and previewed Monday night's "Mad Money" interviews with the CEOs of Amazon Web Services and Expedia. Also in focus: President Biden reportedly ramping up curbs on U.S. chip exports to China, billionaire investor Dan Loeb signals that he is no longer calling on Disney to spin off ESPN, Twitter calls Elon Musk's latest push to terminate their $44 billion deal "invalid," the potential railroad workers' strike, and bitcoin jumps back above 22,000.

Squawk on the Street

September 12, 202243m 19s

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Show Notes

Carl Quintanilla, Jim Cramer and David Faber discussed the markets aiming for a fourth straight day of gains ahead of key inflation data due out Tuesday. Cramer explained what he finds "most interesting" about this market moment. Jim is in Seattle and previewed Monday night's "Mad Money" interviews with the CEOs of Amazon Web Services and Expedia. Also in focus: President Biden reportedly ramping up curbs on U.S. chip exports to China, billionaire investor Dan Loeb signals that he is no longer calling on Disney to spin off ESPN, Twitter calls Elon Musk's latest push to terminate their $44 billion deal "invalid," the potential railroad workers' strike, and bitcoin jumps back above 22,000. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.