# 9AM Hour: Salesforce Falls, Snowflake Soars, Fertitta Buys Caesars in $5.7B All-Cash Deal   5/28/26

Page: https://stenobird.com/podcast/squawk-on-the-street-731896/9am-hour-salesforce-falls-snowflake-soars-fertitta-buys-caesars-in-5-7b-all-cash-deal-5-28-26
Text version: https://stenobird.com/podcast/squawk-on-the-street-731896/9am-hour-salesforce-falls-snowflake-soars-fertitta-buys-caesars-in-5-7b-all-cash-deal-5-28-26.md
Podcast: [Squawk on the Street](https://stenobird.com/podcast/squawk-on-the-street-731896)
Published: 2026-05-28T14:53:21+00:00
Episode link: https://www.cnbc.com
Audio file: https://dts.podtrac.com/redirect.mp3/cnbc.simplecastaudio.com/772daf2b-4aa5-445b-9969-6ecd181231b1/episodes/1ddc38c2-ec00-486a-a4b0-4a04781aafc4/audio/128/default.mp3?aid=rss_feed&awCollectionId=772daf2b-4aa5-445b-9969-6ecd181231b1&awEpisodeId=1ddc38c2-ec00-486a-a4b0-4a04781aafc4&feed=GcylmXl7
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Duration seconds: 2569

## Resource

Carl Quintanilla, Jim Cramer and David Faber drilled down on tech and the AI trade: Salesforce shares fell in reaction to the company's mixed Q1 results and lighter-than-expected revenue guidance for the current quarter. Shares of Snowflake soared on news of its Q1 beat, raised outlook and a $6 billion commitment to its multiyear partnership with Amazon's AWS. On the M&A front: Fertitta Entertainment agrees to buy Caesars Entertainment in an all-cash deal valued at $5.7 billion. Also in focus: Crude oil prices rise amid faltering hopes for a U.S.-Iran deal, Marvell extends its rally, Dell wins Pentagon contract, retailers surging on earnings, Meta launches subscriptions, Cramer's take on investing in Microsoft, economic data deluge. Squawk on the Street Disclaimer

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## Transcript

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