Mixed Picture for Stocks, Covid-19 Hot Spots, Gileads Remdesivir Price Tag, Facebook Ad Fallout
b'Carl Quintanilla, Jim Cramer and David Faber discuss the move in the major averages, higher to start the week, as investors shrugging off a surge in coronavirus cases across the United States.\\xa0Health & Human Services Secretary Alex Azar warning Sunday that the \\u201cwindow is closing\\u201d to curb the spread of the virus and get the outbreak under control.\\xa0Confirmed cases across the globe topping 10 million, with global deaths passing half a million.\\xa0Plus, Gilead announcing its coronavirus treatment Remdesivir\\u2019s price tag. It will cost $3,120 per U.S. patient with private insurance.\\xa0Major advertising fallout for Facebook.\\xa0Over the weekend, Starbucks, Coca-Cola, Diageo and Hershey\\u2019s all announced they\\u2019re pausing social media ads in the latest action against hate speech on platforms like Facebook and Twitter. Plus, a pioneer in the U.S. shale revolution, Chesapeake Energy, filing for bankruptcy protection.\\xa0The company announcing $7 billion in debt will be wiped out through its restructuring.'