Markets Pop, Nikola & The SEC, Lowes CEO on New Small Business Initiative, Cohen Buys the Mets, Apples Product Day
b'Carl Quintanilla, Jim Cramer and David Faber discuss the surge for stocks, building on Monday\\u2019s gains on the back of the tech reversal and solid economic data.\\xa0Shares of Nikola getting hammered as investors respond to news that the SEC is going to be examining the company over short seller allegations. The CEO of Lowe\\u2019s, Marvin Ellison, joining \\u201cSquawk on the Street\\u201d to discuss a new initiative for small businesses.\\xa0Ellison is teaming up with Daymond John, to mentor entrepreneurs, listen to their pitches and narrow the pool of standout small businesses.\\xa0The initiative will ultimately culminate in a one-day pitch competition judged by Lowe\\u2019s executives and hosted by John, giving small businesses a chance to get their products on Lowe\\u2019s store shelves and the website.\\xa0Billionaire Steve Cohen reaching a deal to buy the New York Mets at $2.4 and $2.5 billion, a record for a North American professional sports franchise. Plus, a look at the possible products that will be rolled out during Apple\\u2019s product launch event this afternoon.'