9am Hour: U.S.-Japan Yen Intervention, Stocks Rally As Oil Prices Slide, AstraZeneca-Bristol Myers M&A Buzz 8/3/26
Squawk on the Street
- Published
- August 3, 2026
- Duration
- 42:01
- Summary source
- description
- Last updated
- Aug 3, 2026
Discusses investing.
Summary
On the first trading day of August, David Faber and Jim Cramer explored several developments of importance to the markets; The U.S.-Japan joint intervention to prop up a yen trading at 40-year lows; Stocks jump as oil prices tumble on hopes for a diplomatic solution to the U.S.-Iran conflict; AstraZeneca reportedly in merger talks with Bristol Myers Squib…
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Show notes
On the first trading day of August, David Faber and Jim Cramer explored several developments of importance to the markets; The U.S.-Japan joint intervention to prop up a yen trading at 40-year lows; Stocks jump as oil prices tumble on hopes for a diplomatic solution to the U.S.-Iran conflict; AstraZeneca reportedly in merger talks with Bristol Myers Squibb to create a nearly $400 billion pharmaceutical giant. Also in focus: Starbucks gets upgraded, SpaceX hits new lows ahead of its Tuesday earni
Themes
- investing