Instagram Pushes Pause, Oil Prices Bounce, Supply Chain Woes Worsen

Published: Sept. 27, 2021, 2:42 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with the S&P on pace for its worst month since Oct. 2020. The anchors also looked at the jump in energy prices, after Goldman Sachs raised its forecast on Brent crude oil saying it will hit $90 by year-end as supply tightens. Facebook making headlines this morning as well, announcing it is pausing work on \\u2018Instagram Kids\\u2019 after facing backlash. Despite saying this is a \\u201cvery big change,\\u201d Jim Cramer said the news will have little to no impact on Facebook\\u2019s stock price. Also in focus: Jim Cramer highlighted Best Buy ($BBY) for \\u2018Stop Trading\\u2019 after Piper Sandler named the retailer as a \\u201ctop idea.\\u201d'