Morning After the "Powell Rally", Salesforce Not On Cloud Nine, Messages From SBF and Zuckerberg. 12/1/2022

Published: Dec. 1, 2022, 4:09 p.m.

b"Jim Cramer and David Faber looked at what's ahead for the markets one day after Fed Chair Jerome Powell's comments on \\nmoderating interest rate hikes sparked a Wednesday afternoon rally for stocks. Salesforce shares fell sharply after the company announced Bret Taylor is stepping down as Co-CEO and that Marc Benioff would once again be sole CEO and remain chairman. Jim and David explored what Taylor's departure could mean for Salesforce -- and discussed his role at Twitter, where he served as chairman as the company was being sold to Elon Musk.Also in focus: What FTX founder Sam Bankman-Fried and Meta CEO Mark Zuckerberg told CNBC's Andrew Ross Sorkin at the New York Times DealBook Summit, Snowflake shares erase post-earnings declines, other earnings movers including Kroger and PVH, and Musk tweets about Apple and Tim Cook."