AI and the Tech Rally, SEC's Crypto Crackdown, CNN CEO Steps Down 6/7/23

Jim Cramer and David Faber delved into the AI-fueled tech rally on a day in which the Nasdaq hit a fresh 52-week high. The anchors reacted to Bernstein's call for Amazon to re-focus capital and Tesla aiming for a nine-session win streak. Also in focus: Coinbase CEO Brian Armstrong responded to the SEC's lawsuit against the crypto platform one day after SEC Chair Gary Gensler appeared on "Squawk on the Street," Chris Licht steps down as CNN Chairman & CEO, Fiserv CEO Frank Bisignano joined Jim and David at Post 9 to discuss the payments industry, the consumer and transferring the company’s listing to the NYSE from the Nasdaq. Squawk on the Street Disclaimer