Navigating the Financial Landscape: IPOs, SPACs, and Market Dynamics

On a record-setting day for the S&P 500, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to key economic data: August CPI rose year-on-year while weekly jobless claims jumped to levels not seen in four years. AI in the spotlight one day after shares of Oracle soared 36%, adding $224 billion to its market cap and making founder Larry Ellison $100 billion wealthier. On a somber day for the United States, the anchors remembered the September 11 attacks which occurred 24 years ago. Also in focus: Day two for Klarna after its shares rose 15% in its public debut, a downgrade for Apple, one CEO's take on a "terrible consumer experience," Jim previews his visit to Corning's Kentucky plant that makes glass for Apple devices, the manhunt for the shooter who killed political activist Charlie Kirk.

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