Target Surges, Disney and Activism, Markets Extend Post-CPI Rally 11/15/23
b"Carl Quintanilla, Jim Cramer and David Faber kicked off the show with Wednesday's biggest gainer on the S&P 500:Shares of Target surged as a Q3 earnings beat and holiday quarter guidance overshadowed a sales decline. David reported that according to sources, activist investor ValueAct has taken a stake in Disney.\\xa0The anchors also discussed the big\\xa0 post-CPI rally extending its gains, as the Producer Price Indexfell in October from the previous month. Also in focus: Biden-Xi meeting day, \\u201cMagnificent 7\\u201d moves, October retail sales decline,\\xa0TJX among the earnings winners, a setback for the UAW-GM labor agreement.\\n\\n\\n\\nSquawk on the Street Disclaimer"