Wall Street Wraps up Best Quarterly Performance in Decades, Covid Cases Continue to Skyrocket, Uber’s Food Delivery Service Play, Micron CEO
Squawk on the Street - A podcast by CNBC
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Carl Quintanilla, Jim Cramer & David Faber breakdown the last trading day of the month, quarter and half as Wall Street wraps up its best quarterly performance in decades. The U.S. didn’t make the list of “Safe” countries released by the EU, as cases in the United States continues to skyrocket. Uber actively pursuing a deal in the delivery space after engaging unsuccessfully with Grubhub last month. Reports the company is now in discussions to buy food delivery service Postmates for $2.6 billion. Plus, shares of Micron jumping following the company’s better-than-expected earnings. The CEO, Sanjay Mehrotra, joining the “Squawk on the Street” gang to discuss the results and road ahead in the era of Covid-19. Plus, Lululemon being at-home fitness company Mirror for $500 million, as demand for at home gyms surge during the pandemic.