Chevron and Hess CEOs on $53B Deal, 5% Yield Effect on Stocks, Apples Losing Streak 10/23/23
Carl Quintanilla, Jim Cramer and David Faber kicked off "M&A Monday" with major news out of the\xa0energy 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\xa0as the 10-year yield hovers around 5%, the Israel-Hamas War, why Apple shares are on track for a seventh\xa0straight day of declines, a mega-tech earnings week ahead featuring Microsoft, Alphabet, Meta and Amazon.\n\n\n\nSquawk on the Street Disclaimer