
Chevron and Hess CEOs on $53B Deal, 5% Yield Effect on Stocks, Apple’s Losing Streak 10/23/23
The Rock
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<p>Carl Quintanilla, Jim Cramer and David Faber kicked off "M&A Monday" with major news out of the energy sector: Chevron to buy Hess in an all-stock transaction valued at $53 billion. Chevron CEO Mike Wirthand Hess CEO John Hess joined the anchors at Post 9 to discuss the deal. Also in focus: A new week for stocks as the 10-year yield hovers around 5%, the Israel-Hamas War, why Apple shares are on track for a seventh straight day of declines, a mega-tech earnings week ahead featuring Microsoft, Alphabet, Meta and Amazon.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>
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Chevron and Hess CEOs on $53B Deal, 5% Yield Effect on Stocks, Apple’s Losing Streak 10/23/23
The Rock