Ukranian President's Historic Address to Congress, Starbucks CEO to Retire, Chinese Tech Stocks' Big Surge and the Countdown to the Fed Decision. 3/16/22
Jim Cramer and David Faber led off the show with a look at the markets, followed by a history-making virtual speech to Congress by Ukrainian President Volodymyr Zelenskyy, who urged the U.S. to provide more military aid as Russia intensifies its attacks on his country. Jim and David also delved into the big news out of Starbucks: CEO Kevin Johnson is set to retire in April and founder Howard Schultz has been named interim CEO until the company selects a new leader. The anchors weighed in on Johnson's tenure and Starbucks' transition plan. Also in focus: Why Chinese tech stocks including Alibaba soared and recouped most of their big losses over the past week, and investors awaiting a key interest rate decision by the Fed.
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