Sanctions and Stocks, Chip CEOs Head to the Hill, An Exclusive with Adobe's CEO and GameStop Leads the Return of "Meme Stock Madness" 3/23/22

Carl Quintanilla and Jim Cramer focused on market volatility in wake of the the Russia-Ukraine conflict, as President Biden heads to Brussels for meetings with allies and NATO leaders to make the case for more aggressive sanctions against Russia. Chip industry CEOs including Intel and Micron head to Capitol Hill to testify before a Senate panel, as they seek subsidies to boost semiconductor production in the U.S. "Meme Stock Madness" back in the spotlight: GameStop extended its rally after chairman Ryan Cohen disclosed that he increased his stake in the company to 11.9%. Since mid-March, GameStop has soared more than 70% with AMC up 40%. Adobe CEO Shantanu Narayen joined the program to discuss his company's results, the outlook that weighed on the stock and halting sales in Russia. Also in focus: Jamie Dimon’s “Marshall Plan.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.