Powell Jackson Hole Speech Day, Amazon-EA Deal Speculation and SEC Chair Gensler on China and Crypto. 8/26/22
Jim Cramer and David Faber discussed what's at stake for the markets heading into Fed Chair Jerome Powell's much-anticipated speech at the Jackson Hole Economic Symposium. Electronic Arts shares jumped on a report that Amazon would announce a deal to acquire the videogame publisher, but sources tell David that Amazon is not expected to make such a bid. SEC Chair Gary Gensler joined the program to discuss the commission's preliminary deal with Chinese regulators, plus his take on crypto regulation. Also in focus: Reaction to earnings reports from the likes of Gap and Dell, and a judge orders Twitter to give Elon Musk more spam account data.
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