Deutsche Bank Shares Drop, Activision Optimism, Tech Safe Haven 3/24/23

Published: March 24, 2023, 3:08 p.m.

b'David Faber and Jim Cramer began with the ongoing turmoil in the banking sector. Deutsche Bank was the latest name to add to the volatility, with shares dropping following a spike in credit default swaps Thursday night. The anchors also turned their attention to Secretary Janet Yellen who said the Treasury Department is ready to take \\u201cadditional actions if warranted\\u201d to stabilize banks. In M&A news, shares of Activision Blizzard surged after the U.K.\\u2019s Competition and Markets Authority dropped some of its concerns about Microsoft\\u2019s takeover of the gaming company. After the opening bells, the anchors also talked the tech stock safe haven, with names like Alphabet, Meta and Nvidia up more than 15% in March alone.'