Mixed Market, NEC Director Larry Kudlow, Cisco Slump, Thermo Fisher Terminates QIAGEN Acquisition
b'Jim Cramer and David Faber discussed the mixed market as traders digest better-than-expected unemployment data. Weekly jobless claims falling below estimates of 1.1 million.\\xa0Shares of Cisco getting hammered.\\xa0The company did beat the street, but revenue did decline from a year earlier and its guidance was softer than anticipated.\\xa0National Economic Council Director Larry Kudlow joins Jim and David to discuss the economic outlook, jobless claims and a lot more. Plus, hear what Kudlow had to say about the administration\\u2019s tensions over TikTok. Jim and David dig through the other big movers of the day including Tesla, Micron, Tapestry and more. Plus, David details Thermo Fisher\\u2019s termination of its acquisition agreement with QIAGEN.'