Asia Markets Rally, Musk vs. Apple, Disney’s Hiring Freeze 11/29/22
Carl Quintanilla and Jim Cramer kicked off the hour by looking at the rally in Asia markets as Chinese health authorities reported an uptick in senior vaccination rates. They continued the conversation with CNBC’s Eunice Yoon, who reported that Zhengzhou, or China’s iPhone city, is set to lift its current lockdown as scheduled. The anchors then turned to Elon Musk taking on Apple in a series of Tweets claiming, “Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why.” Also in the mix: Disney CEO Bob Iger announced during his first town hall since returning to the company that he won’t remove its hiring freeze. Cramer said Disney’s stock is a “Buy.”
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