Peloton Soars on Buyout Interest Reports, Spotify CEO: "Silencing" Joe Rogan Is Not The Answer, and Airline M&A: Frontier-Spirit Merger Deal
Carl Quintanilla, David Faber and Mike Santoli looked at what's ahead for the market after a volatile week for stocks. They also explored what to make of Peloton: The stock soaring on reports that Amazon, Nike and others are mulling possible bids for the company. M&A also in focus: Discount airlines Frontier and Spirit agree to a merger deal. The anchors discussed the latest chapter in the Spotify-Joe Rogan podcast controversy: CEO Daniel Ek apologized to employees regarding how they've been affected, but added that he won't pull Rogan from Spotify -- "I do not believe silencing Joe is the answer." Also in focus: Alibaba shares fall -- plus where Softbank fits into the picture, Amazon's stock buyback, Tyson shares spike after higher prices led to blowout earnings, and Salesforce's Olympics and Super Bowl ad takes aim at Jeff Bezos and Mark Zuckerberg when it comes to the metaverse.
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