Jim Cramer and David Faber delved into the AI-fueled tech rally on a day in which the Nasdaq hit

a fresh 52-week high. The anchors reacted to Bernstein's call for Amazon to re-focus capital and Tesla

aiming for a nine-session win streak. Also in focus: Coinbase CEO Brian Armstrong responded to the SEC's lawsuit

against the crypto platform one day after SEC Chair GaryGensler appeared on "Squawk on the Street," Chris Licht

steps down as CNN Chairman & CEO,Fiserv CEO Frank Bisignano joined Jim and David at Post 9 to discuss the

payments industry, the consumerand transferring the company’s listing to the NYSE from the Nasdaq.

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AI and the Tech Rally, SEC's Crypto Crackdown, CNN CEO Steps Down 6/7/23