The COVID-19 Effect On Markets From Stimulus To A Record Surge In Cases, 3M's Job Cuts, And Goldman's Bullish Call On Tesla
Carl Quintanilla, Jim Cramer and David Faber discussed Wall Street's hopes for passage of a pandemic relief bill: Democratic leaders on Capitol Hill signaled that a $908-billion bipartisan proposal would be a starting point for negotiations with the White House and Republican leaders. This in wake of COVID-19 cases and deaths in the U.S. set one-day records on Wednesday. The pandemic's impact also resulting in 3M announcing 2,900 job cuts. The anchors reacted to Goldman Sachs hiking its price target for Tesla to a Wall Street high of $780 per share -- and explored the the following question: At what level are you too bullish on Tesla? Also in focus: The parade of SPACs trading for the first time, stock market winners and losers, plus what Salesforce CEO Marc Benioff said at Dreamforce about his company's acquisition of Slack.
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Show Notes
Carl Quintanilla, Jim Cramer and David Faber discussed Wall Street's hopes for passage of a pandemic relief bill: Democratic leaders on Capitol Hill signaled that a $908-billion bipartisan proposal
would be a starting point for negotiations with the White House and Republican leaders. This in wake of COVID-19 cases and deaths in the U.S. set one-day records on Wednesday. The pandemic's impact also resulting in 3M announcing 2,900 job cuts. The anchors reacted to Goldman Sachs hiking its price target for Tesla to a Wall Street high of $780 per share -- and explored the
the following question: At what level are you too bullish on Tesla? Also in focus: The parade of SPACs trading for the first time, stock market winners and losers, plus what Salesforce CEO Marc Benioff said at Dreamforce about his company's acquisition of Slack.
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