Jobs Report Reaction, GameStop's "Roaring" Wild Ride, Street Views on Musk Pay Vote 6/7/24

Published: June 7, 2024, 2:44 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to the May jobs report ahead of next week\'s Fed meeting. Hiring exceeded forecasts and the unemployment rate rose to 4%. Meme stock volatility rolls on: GameStop shares take a hit on the early release of its Q1 results and plans for an equity offering -- one day after soaring 47% on news that "Roaring Kitty" scheduled a YouTube livestream for Friday. Also in focus: What ARK Invest\'s Cathie Wood and Wedbush\'s Dan Ives are saying about the upcoming Tesla shareholder vote on Elon Musk\'s 2018 pay package, countdown to Apple\'s WWDC, Nvidia\'s 10-for-1 stock split goes into effect after Friday\'s close of trading.\\n\\n\\n\\nSquawk on the Street Disclaimer'