Inflation Watch, Mars-Kellanova Deal, Google from DOJ to WFH 8/14/24
Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to the latest batch of inflation data: The Consumer Price Index for July matching consensus estimates. Mars agreed to acquire Kellanova in a deal valued at nearly $30 billion, putting snack brands such as Snickers and Cheez-It under one roof. A double dose of Google: The Justice Department reportedly considering a breakup of the tech giant. The anchors also reacted to comments by former Google CEO Eric Schmidt, who slammed the company's remote work policy. Also in focus: Nvidia's four-day surge, a follow-up on Starbucks and Chipotle after the coffee chain's CEO shakeup, Southwest responds to Elliott's push for board seats. Chili's parent Brinker tumbles on earnings, shares of DraftKings and Flutter in rally mode. Squawk on the Street Disclaimer
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