Russia-Ukraine Conflict Effect: Stocks Fall and WTI Crude Tops $100/Barrel -- We Get Reaction from Chevron's CEO, and Target Surges on Earnings.
Carl Quintanilla, Jim Cramer and David Faber focused on market reaction to the latest developments surrounding the Russia-Ukraine conflict, including WTI crude surpassing $100/barrel for the first time since 2014. Chevron Chairman & CEO Mike Wirth joined the program with his take on the surge in crude, the company's exposure to Russia and Chevron’s increased guidance on share buybacks. The anchors also discussed Target's better-than-expected quarterly results, propelling the stock to its biggest one-day percentage jump since the year 2020. Also in focus: A tough day for shares of EV maker Lucid and Zoom Video.
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