Important Week for the Markets, Cramers AI Message, Nasdaq's Biggest M&A Deal 6/12/23

Published: June 12, 2023, 3:01 p.m.

With the Nasdaq Composite in the midst of a seven-week win streak,\xa0Jim Cramer and David Faber discussed a big week ahead for the markets including key inflation data, the Fed decision on interest rates and earnings from the likes of Oracle. Hear why Cramer said "What I don't like about this market is that once again -- AI. "David's "Faber Report" provided a breakdown of Nasdaq's biggest-ever M&A deal: The company agreed\xa0 to acquire financial software provider Adenza from private equity firm Thoma Bravo for $10.5 billion in cash and stock. Also in focus:\xa0JPMorgan Chase reaches a settlement with victims of late disgraced financier Jeffrey Epstein,\xa0Goldman Sachs and Morgan Stanley's bull market debate,\xa0what Mark Zuckerberg said about Elon Musk, Tesla aimsfor a twelve-session win streak. \n\n\n\nSquawk on the Street Disclaimer