“The Bird is Freed” & Exxon’s Record-Breaking Profits 10/28/22

Elon Musk officially owns Twitter. $44 billion, and one soap opera later, the Tesla CEO has completed the deal to buy social media platform Twitter, and he’s already prompted some big changes to its executive leadership. After two consecutive quarters of big profits for oil companies, Exxon Mobil CEO Darren Woods joins the team to discuss global energy prices, geopolitics’ implications on the global oil market, and ESG’s impact on big oil’s bottom line. Crude oil has gone, in the last 2 years, from -$37.63 in April of 2020, to over $80 a barrel this week. Plus, CNBC’s Sharon Epperson reports on the asset that could be a safe haven from market volatility; they’re ibonds, and they’re currently in high demand. In this episode: Darren Woods, @exxonmobil Sharon Epperson, @Sharon_Epperson Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie