Russia-Ukraine Worries and Fresh 40-Year High Inflation Pressure Stocks, But Amazon Jumps On a 20-for-1 Stock Split and $10B Buyback.

Carl Quintanilla, David Faber and Mike Santoli led off the show with a look at stock markets under pressure: Russia-Ukraine talks yielded no breakthroughs and the Consumer Price Index showed U.S. inflation hitting a fresh 40-year high. Shares of Amazon jumped after the company's board approved a 20-for-1 stock split and a $10 billion share buyback plan. Carl, David and Mike explored the trend of big tech companies going the stock split route and what it means for the group. The energy sector also higher, as crude oil recoups some of Wednesday's price losses. The anchors and a Wall Street analyst discussed what's next for the oil stocks rally, with Chevron up 25% since the Russia-Ukraine conflict began. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.