Sprint CEO Marcelo Claure: These Two Companies Need Each Other
Sprint and T-Mobile are merging because shared resources help both companies achieve their ambitions, said the Sprint CEO Marcelo Claure. "The world's best partnerships or the best mergers have been formed when the two companies realize that they need each other," he tells Cheddar's
Hope King.
For the full interview, [click here](https://cheddar.com/videos/ceos-of-t-mobile-and-sprint-discuss-merger).
Lucid Motors has been subpoenaed by the SEC after closing its SPAC deal with Churchill Capital Corporation earlier this year. The move comes as the government investigates EV makers as they attempt to catch up with industry leader Tesla.
Bitcoin experienced another volatile weekend after dropping nearly 20 percent on Saturday. After a slight rebound on Sunday, Bitcoin remained under $50,000 at the start of the week.
Earnings season continues in the week of December 6 - 10, and that's only the start of a slate of events on the calendar that may move markets. We will also see executives from the crypto world and Instagram Head Adam Mosseri testify before members of Congress, and Square's name change to Block officially goes into effect.