Winamp Logo
Squawk on the Street Cover
Squawk on the Street Profile

Squawk on the Street

English, News, 1 season, 1430 episodes, 4 days, 12 hours, 21 minutes
About
The opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.
Episode Artwork

Cramer's Morning Take: Palo Alto 2/26/24

Jim and Jeff discuss buying more of Palo Alto. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/26/20243 minutes, 35 seconds
Episode Artwork

Nvidia Rally Rolls On, Buffett's Message to Investors, Stocks’ Record Run: What’s Next? 2/26/24

Carl Quintanilla, Jim Cramer and David Faber led off the show by exploring the AI boom: Nvidia extends its rally after posting a blowout quarter and hitting a $2 trillion valuation on Friday. The anchors discussed what's on tap for the markets this week, as the Dow and S&P 500 aim to achieve fresh record highs. Also in focus: Warren Buffett's annual letter to Berkshire Hathaway shareholders along with the company's earnings and record cash hoard, Amazon enters the Dow, Walmart's 3-for-1 stock split goes into effect, Cramer held court at the CNBC Investing Club’s annual meeting on Saturday.
2/26/202442 minutes, 18 seconds
Episode Artwork

Cramer's Morning Take: S&P 500 Hits Record High 2/23/24

Jim and Jeff discuss the continued momentum of Nvidia. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/23/20243 minutes, 9 seconds
Episode Artwork

New Record Highs, Nvidia Joins the $2T Club, Slide and a Miss for Warner Bros. Discovery 2/23/24

The morning after the best day for stocks in more than a year, Carl Quintanilla and Jim Cramer discussed what to make of the markets' upward momentum: The Dow and S&P 500 jumping to new all-time intraday highs and Nvidia hitting a $2 trillion valuation for the first time -- overshadowing Fed officials continuing to stress holding off on rate cuts for now. The anchors reacted to Warner Bros. Discovery shares falling on a Q4 miss despite posting a streaming profit for 2023. Also in focus: Square parent Block and Carvana soar, upgrades and downgrades, White House sanctions against Russia, Reddit files to go public, Jim previews the CNBC Investing Club's Annual Meeting which takes place on Saturday. Squawk on the Street Disclaimer
2/23/202442 minutes, 12 seconds
Episode Artwork

Cramer's Morning Take: Nvidia Earnings 2/22/24

Jim and Jeff discuss why this semiconductor stock ripping on yesterday’s earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/22/20244 minutes, 1 second
Episode Artwork

Nvidia's Blowout Quarter, S&P 500 Record High, EV Pain, Mondelez CEO 2/22/24

Carl Quintanilla and Jim Cramer engaged in wide-ranging discussions about Nvidia's Q4 results and guidance handily topping analysts' forecasts thanks to the AI boom. The stock hit a fresh all-time high, sparking a Nasdaq rally and a new intraday record high for theS&P 500. Hear what Jim had to say about Nvidia CEO Jensen Huang versus Tesla CEO Elon Musk. Also in focus: EV makers Rivian and Lucid tumble, the 'Magnificent 7," Fed minutes follow-up, the DOJ names a new AI chief,Mondelez CEO Dirk Van de Put joined the program to discuss food inflation, the consumer and President Biden'sattack on "shrinkflation." Squawk on the Street Disclaimer
2/22/202443 minutes, 7 seconds
Episode Artwork

Cramer's Morning Take: Nvidia Earnings Preview 2/21/24

Jim and Jeff discuss their earnings expectations for Nvidia. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/21/20243 minutes, 4 seconds
Episode Artwork

Nvidia on Deck, Palo Alto Networks Plunge, Live: Brian Moynihan 2/21/24

Carl Quintanilla and Jim Cramer started the show by looking ahead to Nvidia reporting after the bell, a day after the stock suffered its biggest 1-day drop in 4 months. Another earnings mover the anchors hit was Palo Alto Networks. Shares of the stock plunged after the company pulled its full-year revenue, billings guidance. The company’s results sent other cyber names like CrowdStrike, Fortinet and Zscaler lower. Later that hour, Leslie Picker joined the show along with Brian Moynihan to discuss the state of the economy, rates and the recent volatility within the regional banks. Squawk on the Street Disclaimer
2/21/202446 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Nvidia 2/20/24

Jim and Jeff discuss this ‘Mag 7’ semiconductor stock ahead of its highly awaited earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/20/20242 minutes, 53 seconds
Episode Artwork

Big Retail Reports, Capital One Buys Discover, Live: Adobe CEO 2/20/24

Jim Cramer and Scott Wapner started the hour by breaking down quarterly results from two big retailers Walmart and Home Depot; both names topped earnings estimates but the stocks moved in opposite directions. The desk also hit the deal of the day, as Capital One announced that it will acquire Discover in a $35.3 billion all-stock-deal; shares of other payment companies like Visa and Mastercard moved lower on the deal news. Before the opening bells, Adobe CEO Shantanu Narayen joined the anchors on set for a first on CNBC interview to discuss his company’s new AI feature. 
2/20/202442 minutes, 28 seconds
Episode Artwork

PPI Runs Hot, Nike Job Cuts, Coinbase’s Surprise Profit 2/16/24

David Faber, Sara Eisen and Mike Santoli began the show by breaking down this morning’s PPI inflation report. The producer price index, a measure of prices received by producers of domestic goods and services, rose 0.3% for the month, the biggest move since August. The anchors also hit Nike, the latest firm to announce job cuts. The company said it would lay off 2% of its employees, more than 1,500 jobs, as part of a broader restructuring. After the bells, the desk hit a ton of earnings movers, including Coinbase. Shares of the crypto platform surged after posting a surprise profit for the first time in two years. Squawk on the Street Disclaimer
2/16/202444 minutes, 35 seconds
Episode Artwork

Tech-Led Market Rally, Whale Watching, More Job Cuts 2/15/24

Carl Quintanilla, Sara Eisen and David Faber started the hour by discussing the batch of economic data this morning including retail sales and jobless claims; Retail sales tumbled 0.8% in January, much more than expected. The anchors then shifted to the tech sector, and hit Cisco’s latest quarterly results. The company lowered its fiscal 2024 outlook and also announced that it will cut 5% of its global workforce, amounting to over 4,000 jobs. After the opening bells, the desk also discussed a slew of 13F filings, including Warren Buffett’s Berkshire Hathaway trimming its massive stake in Apple.  Squawk on the Street Disclaimer
2/15/202441 minutes, 39 seconds
Episode Artwork

Cramer's Morning Take: Inflation Freakout 2/14/24

Jim and Jeff discuss the markets after a hotter-than-anticipated inflation reading yesterday and reports the Federal Reserve may not cut interest rates as early as they had hoped. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/14/20243 minutes, 39 seconds
Episode Artwork

Stocks Rebound, Lyft’s Typo Turnaround, Zuckerberg’s Vision Pro Review 2/14/24

Carl Quintanilla, Jim Cramer and David Faber kicked things off by breaking down the markets rebounding a day after the Dow suffered its biggest drop since March 2023. They also hit some of the big earnings reports with Airbnb, Robinhood, MGM, and Kraft Heinz all on the move. Another big mover post results was Lyft, which soared on strong Q4 numbers and guidance, but the stock initially skyrocketed 60% after the company’s initial press release had a major error. The CFO later corrected the mistake during the firm’s earnings call Tuesday. Before the opening bells, the anchors also chatted Mark Zuckerberg and his review of Apple’s Vision Pro. In a video posted to Instagram, Zuckerberg called Meta’s Quest 3 headset “the better value” and “the better product, period.”  Squawk on the Street Disclaimer
2/14/202441 minutes, 49 seconds
Episode Artwork

Hot Inflation Data, Nvidia Reaches Amazon’s Market Cap, TV Ratings Record 2/13/24

Carl Quintanilla, Jim Cramer and David Faber started the show by breaking down the hotter-than-expected inflation data, with CPI rising 0.3% in January. The morning data sent stocks lower and yields spiking; the Dow dropped 500 points during the first hour of trading. The anchors then shifted to a look at some high-flying tech names, as Nvidia overtook Amazon in market value, making the tech giant America’s 4th largest company. Also in the mix: the desk also mentioned the viewership numbers from Super Bowl 58. More than 123 million Americans tuned into the game, making it the most-watched television show ever. Squawk on the Street Disclaimer
2/13/202442 minutes, 24 seconds
Episode Artwork

Cramer's Morning Take: Nvidia 2/12/24

Jim and Jeff discuss expansion reports for Nvidia. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/12/20243 minutes, 21 seconds
Episode Artwork

Squawk on the Street 2/12/24

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Squawk on the Street Disclaimer
2/12/202442 minutes, 18 seconds
Episode Artwork

Cramer's Morning Take: S&P 500 Tops 5,000 2/9/24

Jim and Jeff discuss the news around Nvidia and Broadcom. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/9/20244 minutes, 6 seconds
Episode Artwork

S&P Hits 5,000, Pepsi’s Revenue Slide, Conflicts of Pinterest 2/9/24

Carl Quintanilla, Jim Cramer and David Faber started the show by discussing the S&P crossing 5,000 for the first time, just 3 years after hitting 4,000 back in 2021. The biggest gainers year-to-date on the S&P index include: Nvidia, Meta and Eli Lilly. The anchors then turned to a slew of corporate results, including Pepsi. The beverage and snack maker topped earnings estimates, but quarterly revenue declined YoY for the first time since 2020. Other earnings movers in the mix included Pinterest, Take-Two Interactive and Expedia, all getting crushed on their respective results.  Squawk on the Street Disclaimer
2/9/202443 minutes, 14 seconds
Episode Artwork

Cramer's Morning Take: Disney 2/8/24

Jim and Jeff discuss the better-than-expected quarter for Disney. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/8/20243 minutes, 28 seconds
Episode Artwork

Eye of the Iger, Arm’s Blowout Quarter, Nearing S&P 5,000 2/8/24

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down Disney’s magical quarter. The stock surged after the company beat quarterly earnings estimates and raised its guidance as it saw progress in efforts to cut costs. Disney also announced that it will take a $1.5 billion stake in Fortnite studio Epic Games and launch its flagship ESPN streaming service in fall 2025. The anchors then shifted to another earnings mover, Arm Holdings; shares of the chip designer surged after beating analyst estimates and providing a strong profit forecast, saying AI boosted sales for the company. Also in the mix: the desk discussed the market action as the S&P inched closer to 5,000.  Squawk on the Street Disclaimer
2/8/202441 minutes, 39 seconds
Episode Artwork

Cramer's Morning Take: Tech Stocks 2/7/24

Jim and Jeff discuss Eli Lilly, Meta and Snap earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/7/20243 minutes, 37 seconds
Episode Artwork

ESPN-Fox-WBD Sports Streaming Venture, Snap Plummets, Profit Drivers for Uber and Ford 2/7/24

Carl Quintanilla, Jim Cramer and David Faber kicked off the show by discussing a partnership that could shake up the media landscape: ESPN, Fox and Warner Bros. Discovery are teaming up to launch a sports streaming service later this year. The anchors also reacted to Snap shares tumbling more than 30% on a revenue miss and disappointing guidance amid stiff competition on the ad sales front. Also in focus: What to expect from Disney results due out after Wednesday's close, Uber falls despite a Q4 beat and its first annual profit since going public, Moody’s downgrades NYCB to “junk,” earnings winners and losers including Ford, Chipotle, Alibaba, Amgen and CVS Health. Squawk on the Street Disclaimer
2/7/202442 minutes, 32 seconds
Episode Artwork

Cramer's Morning Take: Eli Lilly 2/6/24

Jim and Jeff discuss the strong quarter for Eli Lilly. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer 
2/6/20243 minutes, 40 seconds
Episode Artwork

Palantir Soars, China's Rally, Lilly Gains, Tesla: Worst Performing S&P Stock in '24 2/6/24

Carl Quintanilla, Jim Cramer and David Faber led off the show with Palantir shares soaring on a Q4beat and strong guidance, driven by AI demand. The anchors also reacted to earnings call comments from the company's CEO Alex Karp on China and the growing geopolitical dangers. Speaking of China, that country's stocks posted their best day in almost two years -- as Beijing looks to reverse a market slump. Also in focus: Eli Lilly hits a fresh record high as demand for its obesity drugs drives better-than-expected Q4 results and guidance, Tesla gets hit with a downgrade and becomes this year's worst-performing stock on the S&P 500, Spotify surges on strong user growth and guidance. Squawk on the Street Disclaimer
2/6/202442 minutes, 43 seconds
Episode Artwork

Caterpillar CEO Exclusive, More 2024 Woes for Tesla and Musk, Meta's $200B Rally. 2/5/24

Carl Quintanilla, Jim Cramer and David Faber explored what to expect from the markets after new record highs were set on Friday. The anchors offered reaction to Fed Chair Powell’s “60 Minutes” interview. Caterpillar CEO Jim Umpleby joined the program exclusively to discuss quarterly results that propelled the stock to fresh record highs. Carl, Jim and David also discussed Tesla shares extending their 2024 slide -- after the Wall Street Journal reported that Elon Musk took drugs with some Tesla board members, according to the paper’s sources. Also in focus: Meta's historic Friday $200 billion market cap rally, McDonald's earnings. Snap and Estee Lauder announce job cuts, new 737 MAX problems for Boeing, Novo Nordisk's parent buys Catalent to help expand Wegovy supply. Squawk on the Street Disclaimer
2/5/202443 minutes, 6 seconds
Episode Artwork

Apple Slumps, Meta Soars, Amazon Surges, Jobs Blowout, Chevron CEO "First on CNBC" 2/2/24

Carl Quintanilla, Jim Cramer and David Faber highlighted big tech earnings and how to play Cramer's "super six pack." Apple shares fell despite better-than-expected Q1 results -- as a decline in China sales overshadowed strength in services and the iPhone. Jim shared what CEO Tim Cook told him at Apple's flagship store in New York about the Vision Pro, as the $3,500 headset went on sale. Meta soared on a Q4 beat, its first-ever dividend and revenue guidance exceeding estimates. Amazon surged on the strength of online holiday shopping and a 13% jump in AWS revenue. Also in focus: The January employment report shows job creation nearly doubled expectations, Chevron CEO Mike Wirth joined the program to discuss earnings, the oil giant's 8% dividend and what's at stake for energy markets in wake of Middle East turmoil.  Squawk on the Street Disclaimer
2/2/202449 minutes, 3 seconds
Episode Artwork

Cramer's Morning Take: Honeywell 2/1/24

Jim Cramer and Jeff Marks of the CNBC Investing Club break down why investors need to own Honeywell after reporting earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/1/20243 minutes, 48 seconds
Episode Artwork

After The Fed-Fueled Sell-Off, Big Tech Earnings on Deck, Zuckerberg's "Meta Culpa" 2/1/24

Entering a new month after a positive January for stocks, Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets after Wednesday's sell-off -- sparked by Fed Chair Jerome Powell saying that a March interest rate cut is unlikely. The anchors also discussed what to expect from Apple, Amazon and Meta when they report earnings after Thursday's close of trading. Also in focus: Mark Zuckerberg apologizes to families at Wednesday's Senate online child safety hearing, Etsy soars after naming an Elliott partner to its board, earnings winners and losers, New York Community Bank tumbles further, Elon Musk's threat to move Tesla's state of incorporation to Texas from Delaware. Squawk on the Street Disclaimer
2/1/202442 minutes, 44 seconds
Episode Artwork

Big Tech's Big Drag, Boeing and AMD CEOs on Q4 Results, Judge Voids Musk's $56B Pay Package. 01/31/24

Carl Quintanilla and Jim Cramer discussed Alphabet and Microsoft dragging the tech sector lower, despite both companies beating on quarterly results. Were Wall Street's guidance expectations too lofty? Boeing CEO Dave Calhoun joined the program to talk about the jet maker's narrower Q4 loss -- and decision to suspend guidance in wake of its 737 MAX-9 problems. AMD CEO Lisa Su offered her take on the chipmaker's Q4 results, AI strategy and sales forecast that weighed on the stock. Also in focus: A Delaware judge strikes down Elon Musk's $56 billion Tesla pay package, Fed decision day, Starbucks' earnings rally, Byron Allen's offer to acquire Paramount Global, Walmart's 3-for-1 stock split, social media CEOs head to Capitol Hill. Squawk on the Street Disclaimer
1/31/202448 minutes, 49 seconds
Episode Artwork

SOTS+ Citadel CEO Ken Griffin 1/30/24

Citadel CEO Ken Griffin spoke with CNBC’s Leslie Picker at the MFA Network event in Miami about the implications of a rupture in supply chains from Taiwan, America’s competitiveness with China, and how Griffin suggests policy should change around electric vehicles.
1/30/202438 minutes, 14 seconds
Episode Artwork

UPS to Cut 12,000 Jobs, GM Surges on Earnings, Apple Vision Pro Reviews 1/30/24

Carl Quintanilla and Jim Cramer led off the show with news out of UPS: The company announced plansto cut 12,000 jobs after it issued a weaker-than-expected 2024  revenue outlook. A different story for GeneralMotors: The stock surged on the automaker's Q4 earnings beat and guidance, which includes a "profit positive" picture for its U.S. EV portfolio. Also in focus: Apple Vision Pro reviews are out, earnings winners and losers, Elon Musk’s Neuralink and its brain chip implant, Jim highlights a stock that's up 660% from a year ago as it rides the AI wave. Squawk on the Street Disclaimer
1/30/202448 minutes, 7 seconds
Episode Artwork

"Magnificent" Earnings Week, Sports Betting: Gronk on FanDuel, Flutter and the NFL 01/29/24

Carl Quintanilla and Jim Cramer explored what investors can expect from a busy earnings week, with five of the "Magnificent 7" mega-cap tech companies scheduled to report results. Four-time Super Bowl champion Rob Gronkowski joined the anchors at Post 9, after FanDuel parent Flutter Entertainment rang the opening bell to mark its NYSE debut. They discussed sports betting, the NFL, Super Bowl predictions and Gronk's role as a FanDuel ambassador. Also in focus: Amazon-iRobot acquisition deal scrapped, Chinese real estate giant Evergrande ordered to liquidate. Squawk on the Street Disclaimer
1/29/202442 minutes, 35 seconds
Episode Artwork

Intel Tumbles, Cramer: Kick Tesla Out of the Magnificent 7, Inflation Watch and the Fed. 01/26/24

Carl Quintanilla, Jim Cramer and David Faber drilled down heavily on tech: Intel tumbles and dragsthe chip sector lower after issuing disappointing sales guidance. Record closing highs for Microsoft, Alphabet and Meta. Cramer said it's time to boot Tesla from the Magnificent 7 after the stock's worst daily performance since 2020 and poor 2024 start. Also in focus: Market reaction to Core PCE data ahead of next week's Fed meeting, American Express surges while Visa falls, JetBlue warns its merger deal with Spirit Airlines may be terminated, layoffs at Salesforce, Levi Strauss and Paramount. Squawk on the Street Disclaimer
1/26/202442 minutes, 28 seconds
Episode Artwork

Cramer's Morning Take: GDP Report 1/25/24

Jim and Jeff discuss the GDP report showing strong growth and slowing inflation. Plus, Jim says Nvidia is ‘touched by an angel’. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
1/25/20243 minutes, 47 seconds
Episode Artwork

Electric Slide: Tesla Misses, Southwest and ServiceNow CEOs, Q4 GDP Beat 01/25/24

Carl Quintanilla, Jim Cramer and David Faber discussed Tesla shares taking a hit after the EV maker posted weaker-than-expected Q4 results and said it sees "notably lower" growth in 2024. The anchors reacted to what CEO Elon Musk said on Tesla's earnings. A CEO doubleheader on the show: Southwest’s Bob Jordan on earnings and MAX delivery plans in wake of Boeing's recent problems – and ServiceNow's Bill McDermott on his company's quarterly beat and riding the AI wave with shares at all-time highs. Also in focus: The first reading of Q4 GDP beats expectations with 3.3% growth, Humana tumbles again and drags its health insurance rivals lower, IBM and Comcast surge on earnings, the chip sector rally rolls on. Disclosure: Comcast is the parent of NBCUniversal, of which CNBC is a unit.  Squawk on the Street Disclaimer
1/25/202445 minutes, 28 seconds
Episode Artwork

Netflix Surges on Subs Beat, New Market Records, Tesla Earnings Countdown 01/24/24

Carl Quintanilla, Jim Cramer and David Faber led off the show with Netflix's big rally. Shares surged after the streaming service reported 13.1 million new subscribers in Q4, handily beating forecasts. The anchors also discussed what Dwayne "The Rock" Johnson and TKO CEO Ari Emanuel told them Tuesday at Post 9  about Netflix streaming WWE Raw beginning in 2025. Also in focus: Netflix and the chip sector boost the S&P 500 to fresh record highs, what to expect from Tesla's after-the-bell earnings, AT&T slumps on guidance, layoffs at eBay and SAP, Alaska Air CEO slams Boeing. Squawk on the Street Disclaimer
1/24/202442 minutes, 46 seconds
Episode Artwork

Cramer's Morning Take: P&G 1/23/24

Jim and Jeff discuss Procter & Gamble after reporting mixed quarterly earnings and revenue for its fiscal second quarter. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/23/20242 minutes, 23 seconds
Episode Artwork

Exclusive With Dwayne Johnson and TKO CEO Ari Emanuel, Market History, Earnings Parade. 01/23/24

Actor/producer/entrepreneur Dwayne Johnson and Ari Emanuel -- the CEO of WWE and UFC parent TKO Group Holdings -- joined Carl Quintanilla, Jim Cramer and David Faber exclusively at Post 9. They discussed everything from Netflix streaming WWE's flagship program "Raw" beginning in 2025 to Johnson joining TKO's board. The anchors also explored market reaction to earnings from the likes of 3M, Verizon, Procter & Gamble, Johnson & Johnson and General Electric. Also in focus: The markets' historic run after the Dow closed above 38,000 for the first time, China looks to shore up its slumping stock market, Boeing responds to the United Airlines CEO's comments on CNBC about the jet maker's 737 MAX problems. Squawk on the Street Disclaimer
1/23/202447 minutes, 43 seconds
Episode Artwork

Markets' Record Run, Apple Vision Pro Pre-Orders Surge, Morgan Stanley's Jonas Cuts Tesla PT. 01/22/24

Carl Quintanilla, Jim Cramer and David Faber kicked off a new week by focusing on the record run for stocks, as the Dow and S&P 500 hit fresh all-time intraday highs on Monday. The "Magnificent 7" in the spotlight: A widely-followed Apple analyst estimates that pre-orders for the Vision Pro headset significantly exceeded forecasts, Morgan Stanley auto analyst Adam Jonas lowers his price target on Tesla, Meta returns to the "Trillion-Dollar Club" and Nvidia CEO Jensen Huang visits China for the first time in years. Also in focus: ADM tumbles and puts its CFO on leave amid accounting probe, Macy's rejects a $5.8 billion takeover bid,  FAA recommends inspections for a second Boeing 737 model, the top ten performing stocks in Cramer's charitable trust since the S&P 500's last high in December 2021. Squawk on the Street Disclaimer
1/22/202442 minutes, 42 seconds
Episode Artwork

Tech Rally Makes History, Meta-Nvidia AI Connection, EVs: Ford F-150 Lightning Production Cuts 01/19/24

Carl Quintanilla, Jim Cramer and David Faber discussed all things tech: Record highs for the Nasdaq 100 as well as Nvidia and AMD, Meta to spend billions on Nvidia's AI Chips and Apple begins taking pre-orders for its Vision Pro. See how Carl looks while wearing the headset! The anchors also reacted to Ford's decision to reduce production of its F-150 Lightning truck, in wake of a slowdown in demand for EVs. Also in focus: Spirit not giving up onits court-blocked merger with JetBlue, BofA’s market take on Japan, layoffs at Amazon, Macy's and Wayfair. Squawk on the Street Disclaimer
1/19/202443 minutes, 56 seconds
Episode Artwork

Cramer's Morning Take: Apple 1/18/24

Jim and Jeff discuss why the Investing Club is closely watching AI strategy among the ‘Magnificent 7’ companies. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/18/20243 minutes, 10 seconds
Episode Artwork

Nelson Peltz Interview: Activist Investor Speaks Out on Disney Proxy Fight, Board Seat Rejection. 01/18/24

Billionaire activist investor and Trian Partners CEO Nelson Peltz appeared on "Squawk on the Street." He responded to Disney's decision to reject his firm's nominees (including Peltz) for seats on the media giant's board. Peltz told Jim Cramer, David Faber and Carl Quintanilla that Disney is not being run properly and has underperformed the S&P 500 on every measure. He also slammed oversight of the company's board. Also in focus: Apple jumps on BofA upgrade, Humana tumbles and drags down health insurance rivals after cutting guidance, Sheryl Sandberg to depart Meta's board, job cuts at Alphabet, Nvidia's new year rally. Squawk on the Street Disclaimer
1/18/202452 minutes, 13 seconds
Episode Artwork

Yields Rise on Strong Retail Sales, Dimon's "Hunky Dory" Warning, FAA's Boeing Inspections. 01/17/24

Carl Quintanilla, Jim Cramer and David Faber focused on stocks extending Tuesday's losses and yields rising to their highs of the year -- after December retail sales came in stronger than expected, up 0.6%. The anchors also reacted to what Jamie Dimon told CNBC at the World Economic Forum in Davos, Switzerland. JPMorgan Chase's CEO issued a cautious economic outlook for this year and next: "I think it's a mistake to assume everything is hunky dory." Also in focus: Fed Governor Waller's message on rates and inflation, The FAA completes initial inspections of Boeing 737 MAX-9 jets, a judge blocks the JetBlue-Spirit merger deal, Charles Schwab shares slide despite an earnings beat, assessing regional bank results, Disney rejects Nelson Peltz's bid to join its board, Uber's CEO talks EVs. Squawk on the Street Disclaimer
1/17/202442 minutes, 58 seconds
Episode Artwork

Cramer's Morning Take: Healthcare 1/16/24

Jim and Jeff discuss why they’ve been recently adding to health care. They also discuss the winners and losers after banks reported earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/16/20243 minutes, 22 seconds
Episode Artwork

More Bank Earnings, Apple Under Pressure, $35B M&A Deal, Cramer's "Wild" NFL Weekend. 01/16/24

Carl Quintanilla, Jim Cramer and David Faber led off the program with quarterly results from Goldman Sachsand Morgan Stanley. Cramer had a lot to say about investor reaction to the big banks' numbers. Jim also spoke out about Capitol Hill lawmakers' $78 billion tax deal -- which includes major breaks for businesses. The anchors discussed Apple shares falling after the company cut iPhone prices in  China. The NFL also in the spotlight: Highlights from Jim's weekend appearance on NBC's pre-game coverage of Miami Dolphins vs. Kansas City Chiefs, Peacock's exclusive coverage of that NFL Wild Card game sets a streaming record and Jim's Philadelphia Eagles were eliminated from the playoffs. Also in focus: Boeing tumbles on a downgrade, Elon Musk's comments regarding Tesla ownership and AI, Synopsys' $35 billion cash-and-stock deal to acquire design software maker Ansys. **Disclosure: Peacock is a unit of NBCUniversal, parent of NBC and CNBC.** Squawk on the Street Disclaimer
1/16/202443 minutes, 39 seconds
Episode Artwork

Big Banks Report, Dow Record High, Delta Flies Lower 01/12/24

Carl Quintanilla and Jim Cramer began the show by breaking down the big bank earnings with JPMorgan, Wells Fargo, Bank of America and Citi all reporting results. JPMorgan’s profit fell for the fourth quarter after paying a $2.9 billion fee tied to the government seizures of failed regional banks last year. The anchors then shifted to the week’s second batch of inflation data, after wholesale prices unexpectedly declined in December, providing a positive signal for inflation. Other headlines this hour included: Delta Air Lines shares falling after trimming its 2024 earnings forecast, and Bitcoin ETFs seeing $4.6B in volume in their first day of trading. Squawk on the Street Disclaimer
1/12/202443 minutes, 5 seconds
Episode Artwork

Cramer's Morning Take: Amazon 1/11/24

Jim Cramer and Jeff Marks discuss positioning in Amazon. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/11/20243 minutes, 42 seconds
Episode Artwork

Higher Inflation, Spot Bitcoin ETFs Begin Trading, Hertz CEO on EV Cuts 01/11/24

Carl Quintanilla and Jim Cramer led off the show with market reaction to inflation data: The Consumer Price Index rose more than expected in December to 3.4% year-over-year, up from 3.1% in the previous month. The anchors covered all of the bases on spot bitcoin ETFs, which began trading after being approved by the SEC on Wednesday. At Post 9, Hertz CEO Stephen Scherr explained the company's decision to slash about one-third of its global EV fleet. Also in focus: Microsoft-Apple market cap battle, a fresh record high for Nvidia, Cramer bound for Kansas City ahead of Saturday's Eagles-Chiefs NFL Wild Card game, which will stream exclusively on Peacock. Squawk on the Street Disclaimer
1/11/202442 minutes, 55 seconds
Episode Artwork

Fmr. SEC Chmn. on Hack and Bitcoin ETFs, HPE CEO on $14B Juniper Deal, Boeing CEO and the "Mistake" 01/10/24

Carl Quintanilla, David Faber and Sara Eisen discussed the hack of the SEC's social media account on X. The regulator said a post on the site formerly knownas Twitter falsely stated it had approved spot bitcoin ETFs. Former SEC Chairman Jay Clayton joined the program at Post 9 with reaction to the hack, as well as his prediction on the SEC's much-anticipated bitcoin ETF decision. Hewlett Packard Enterprise CEO Antonio Neri also appeared on the show to discuss the company's $14 billiondeal to acquire Juniper Networks -- and how it fits into HPE's AI strategy. Also in focus: Boeing CEO Dave Calhoun says the company needs to acknowledge "our mistake," in regards to the Alaska Airlines blowout incident, Nvidia narrows its valuation gap with Amazon, "bond king" Jeffrey Gundlach's recession call, Tesla's rough start to 2024, big bank downgrades ahead of earnings, Mark Zuckerberg's cattle ranch venture. Squawk on the Street Disclaimer
1/10/202445 minutes, 42 seconds
Episode Artwork

Pullback After the Tech Rebound, More 737 MAX-9 Pressure On Boeing, CEOs Weigh In On Obesity Drugs 01/09/24

Carl Quintanilla, Jim Cramer and David Faber explored what to make of stocks under pressure the morning afterthe Nasdaq's best one-day performance since November -- and a fresh all-time high for Nvidia.Boeing shares extended Monday's losses on new developments surrounding the grounding of its 737 MAX-9 jets. The anchors discussed what pharma CEOs told Cramer at the J.P. Morgan Healthcare Conference, especially when it comes to the burgeoning obesity drug market. Also in focus: Netflix downgraded, the impact of Samsung's profit missand guidance on mega-tech and the chips, HPE said to be in talks to acquire Juniper Networks, Match Group's date with activism. Squawk on the Street Disclaimer
1/9/202443 minutes, 13 seconds
Episode Artwork

Boeing Slumps on 737 MAX-9 Grounding, Apple's Rotten Start to 2024, Rebound Week for "Magnificent 7"? 01/08/24

Carl Quintanilla, Jim Cramer and David Faber discussed Boeing shares dragging the Dow lower, after the Federal Aviation Administration ordered a temporary grounding of 171 of the company's 737 MAX-9 jets. The FAA’s call for inspections came after a blowout on an Alaska Airlines flight. Both the  carrier and Spirit AeroSystems saw their shares take a hit on news of the grounding. The "Magnificent 7" in the spotlight: Apple looks to rebound after a 6% drop in the first week of 2024, while Nvidia erases last week's losses. Also in focus: The end of a 9-week win streak for the major averages, what to expect from this week's bank earnings, Cramer previews his CEO interviews from the J.P. Morgan Healthcare Conference in San Francisco. Squawk on the Street Disclaimer
1/8/202442 minutes, 41 seconds
Episode Artwork

Jobs Report Beats, Tech's 2024 Start Not "Magnificent," Middle East Conflict Impact 1/05/24

Carl Quintanilla and Jim Cramer led off the show with market reaction to the government's key December employment report: 216,000 non-farm jobs were added last month, exceeding economists' forecasts --  but October and November payrolls were revised lower. The unemployment rate held steady at 3.7%. The anchors discussed what to make of the early 2024 slump in tech and "Magnificent 7" stocks -- with the Nasdaq in the midst of a five-day losing streak. Also in focus: Red Sea attacks and the Middle East conflict’s impact on everything from Chevron and Maersk to McDonald's, Microsoft moves closer to Apple's valuation, Constellation Brands' earnings, Costco's sales jump, a look ahead to next week's bank earnings and Jim's CEO interviews from the J.P. Morgan Healthcare Conference. Squawk on the Street Disclaimer
1/5/202442 minutes, 25 seconds
Episode Artwork

Cramer's Morning Take: Banks 1/4/24

Jim and Jeff discuss the rally in Morgan Stanley and Wells Fargo and what this means for the economic outlook. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/4/20243 minutes, 14 seconds
Episode Artwork

Squawk on the Street 01/04/24

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Squawk on the Street Disclaimer
1/4/202443 minutes
Episode Artwork

Cramer's Morning Take: The (Not So) Magnificent 7 1/3/23

Jim and Jeff says there might be too much hype around the Magnificent 7 stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/3/20244 minutes, 6 seconds
Episode Artwork

Rough Start, Rate Expectations, Disney’s Activist Moves 01/03/24

Carl Quintanilla and Jim Cramer began the hour by breaking down the markets’ rough start to the new year of trading. The Nasdaq posted its worst daily performance since October, and the worst start to the year since 2016. The anchors also discussed their expectations for the Fed Minutes; this as Richmond Fed President Tom Barkin said in a speech today that a soft landing is ‘increasing conceivable’ not inevitable, and that the potential for additional rate hikes remain on the table. The desk also shifted to Disney, which struck a deal with activist investor ValueAct Capital. The firm agreed to support Disney’s slate of board nominees at this year’s annual meeting, siding with Disney in its battle with Trian and Nelson Peltz. Squawk on the Street Disclaimer
1/3/202444 minutes, 12 seconds
Episode Artwork

Cramer's Morning Take: Apple Slides 1/2/23

Jim and Jeff discuss Apple shares after Barclays downgraded the member of the Magnificent 7 market leaders basket to an underweight rating. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
1/2/20243 minutes, 23 seconds
Episode Artwork

Squawk on the Street 01/02/24

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Squawk on the Street Disclaimer
1/2/202444 minutes, 12 seconds
Episode Artwork

Bulls Rule in 2023, Nvidia's 240% Surge, S&P 500 Hitting 5200 in 2024? 12/29/23

Sara Eisen and Bob Pisani wrapped up 2023's big stock market rally: Major indices on track for nine straight weeks of gains, the S&P 500 taking aim at a record closing high and poised for its longest weekly win streak in almost two decades, the Dow on a record run and the Nasdaq 100 set for its best year since 1999. Sara and Bob explored what to expect from stocks, bond yields and the Fed in 2024, along with "Magnificent 7" names such as Nvidia: The stock up more than 240% in 2023. Oppenheimer Chief Strategist John Stoltzfus joined the program to discuss his S&P 500 year-end price target of 5200 for 2024. Also in focus: The best performing tech stock of the year, oil prices' 2023 slump, the AI trade beyond tech.  Squawk on the Street Disclaimer
12/29/202344 minutes, 1 second
Episode Artwork

Markets Setting Records, "iPhone Moment" for Microsoft, Tesla's Big Year 12/28/23

Sara Eisen and Bob Pisani discussed the markets looking to extend their rally one day after the Dow and Nasdaq 100posted all-time highs, while the S&P 500 continued to advance toward its own all-time high close. Two 'Magnificent 7" stock in the spotlight; Microsoft's price target raised by Wedbush to $450 from $425, as the firm sees an "iPhone moment" for the company. Tesla rallies toward a three-month high and is on track for its third-best year on record. Also in focus: Fidelity's Jurrien Timmer shares his 2024 market outlook, Delivering Alpha investor survey results including best ideas for the new year, BofA's top telecom pick for 2024. Squawk on the Street Disclaimer
12/28/202344 minutes, 19 seconds
Episode Artwork

Markets Chasing History, Tesla's Bull Run, 2024 Top Picks: Social Media 12/27/23

Sara Eisen and Scott Wapner delved deeper into the December stock rally, as the S&P 500 enteredWednesday's trading session within 0.5% of a record closing high. Tesla also in the mix with its stock upmore than 8% this month and a one-year gain of 135%. The anchors discussed what to expect from the EV maker's upcoming deliveries report, as well as the competition from Chinese rival BYD. Baird's internet analystshared his top social media stock picks for 2024: Is Meta at the top of his list?: Also in focus: Oil prices and the Houthi rebels’ Red Sea attacks, Apple's design chief said to be enlisted by Jony Ive and OpenAI's Sam Altman to work on anAI hardware project, Softbank's $7.6 billion windfall in T-Mobile shares, "Magnificent 7" moves, Dow dogs and dividends. Squawk on the Street Disclaimer
12/27/202344 minutes, 36 seconds
Episode Artwork

Markets' 8-Week Win Streak, Apple Watch Import Ban, a Blue Chip as a 2024 Top Pick 12/26/23

Sara Eisen and Scott Wapner led off a holiday-shortened week by exploring the markets in rally mode: Major stock indices up for eight consecutive weeks -- and the 10-year note yield hovering around 3.9%. The anchors also discussed a U.S. trade tribunal's decision to ban Apple Watch imports. An analyst from Jefferies joined the program to explain why McDonald's is histop pick for 2024. Also in focus: The holiday season spending surge, Bristol Myers Squibb's second M&A deal in less than a week, U.K. billionaire to acquirea 25% stake in Manchester United, shipping giant Maersk prepares to return to the Red Sea after rebel attacks on vessels, Intel’s $25 billion chip factory investment in Israel, is OpenAI worth $100 billion? Squawk on the Street Disclaimer
12/26/202341 minutes, 23 seconds
Episode Artwork

Inflation Cools Further, Nike Tumbles, Markets Aim for 8-Week Win Streak 12/22/23

Carl Quintanilla, Scott Wapner and Leslie Picker led off the show with the Fed's preferred inflation gauge:Core PCE cooled in November -- up 3.2% year-over year, down from 3.4%. Shares of Nike tumbled afterthe company cut full-year sales guidance and announced a $2 billion cost savings plan, The anchors discussed the effect of both stories on the markets, with the major indices on track to extend their weekly win streaks to eight.Also in focus; Bristol Myers Squibb's $14 billion deal, The planned U.S. Steel-Nippon Steel merger faces scrutiny, the stocks taking a hit on China's gaming restrictions, Piper Sandler's chief investment strategist shares his 2024 market outlook, the L.A. Dodgers' latest blockbuster free agent signing. Squawk on the Street Disclaimer
12/22/202343 minutes, 15 seconds
Episode Artwork

CNBC LEADERS: James Gorman 12/21/23

James Gorman, Morgan Stanley chairman and outgoing CEO, discusses his time as leader of Morgan Stanley, Disney’s succession planning, and more.
12/22/202321 minutes, 12 seconds
Episode Artwork

Rebounding After the Sell-off, Micron CEO Exclusive, WBD-Paramount Watch 12/21/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets rebounding after a Wednesday sell-offthat snapped nine-day win streaks for the Dow and Nasdaq -- and resulted in the S&P 500's worst day since September. Micron CEO Sanjay Mehrotra joined the program to discuss the AI effect on quarterly results and guidance that gave a boost to the chipmaker's stock. Also in focus: Sources tell CNBC that Warner Bros. Discovery is mulling an acquisition of Paramount Global, what’s driving Thursday's top performers on the S&P 500, A double dose of Apple news, A preview of David's exclusive interview with Morgan Stanley's outgoing CEO James Gorman. Squawk on the Street Disclaimer
12/21/202345 minutes, 56 seconds
Episode Artwork

Squawk on the Street 12/20/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.Squawk on the Street Disclaimer
12/20/202343 minutes, 48 seconds
Episode Artwork

Dow and Nasdaq Seek "9" Lives, December's High-Fliers, End of An Era for eBay 12/19/23

Carl Quintanilla, Jim Cramer and David Faber focused on the December rally and a fresh record high for the Dow. Both the blue-chip index and the Nasdaq are aiming for a ninth consecutive day of gains. The anchors discussed what to make of a number of stocks that are surging this month: FOMO? Also in focus: eBay’s removal from the Nasdaq 100 and a flashback to David's 2005 CNBC documentary about the company, Nike and "playing with fire," cybersecurity watch and Palo Alto Networks' red-hot stock. Squawk on the Street Disclaimer
12/19/202343 minutes, 52 seconds
Episode Artwork

Cramer's Morning Take: S&P 500 Winning Streak 12/18/23

Jim and Jeff discuss the S&P 500 coming off its longest string of weekly gains since 2017. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/18/20233 minutes, 54 seconds
Episode Artwork

Deal...and No Deal, Markets' 7-Week Win Streak, Costco CEO Exclusive 12/18/23

Jim Cramer and David Faber led off the show with lots of news on the M&A front: Nippon Steel agrees to acquire U.S. for $55 per share in cash, Adobe and design software startup Figma scrap their $20 billion deal, Illumina decides to divest cancer test maker Grail in wake of an antitrust ruling. The anchors explored what's next for stocks in the midst of a seven-week win streak. Costco CEO Craig Jelinek joined the program to discuss inflation, the consumer and stepping down from running the company at the beginning of next year. Also in focus: Americans' stock ownership surges, cybersecurity breach hits VF Corp. Squawk on the Street Disclaimer
12/18/202343 minutes, 46 seconds
Episode Artwork

Cramer's Morning Take: Fed Focused 12/15/23

Jim and Jeff discuss the Fed’s forecast for three rate cuts next year. They also discuss the rise of Costco after the company reported better-than-expected earnings Thursday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/15/20233 minutes, 24 seconds
Episode Artwork

Fed's Williams: Rate Cuts Not a Topic of Discussion, "Special" Costco, Home Depot's 1,000,000% Return 12/15/23

Jim Cramer and David Faber led off the show with market-moving comments made to CNBC by New York Fed President John Williams: Fed policymakers "aren't really talking about rate cuts right now." You'll want to hear Jim's reaction to Williams' remarks. With major indices on track for a seven-week win streak, David highlighted the worst week for hedge fund shorts since March 2020. Also in focus: Costco posts better-than-expected results and declares a special dividend, Home Depot shares up 1,000,000% since the company's 1981 public debut, Lennar falls despite a quarterly beat, Jeff Bezos' take on the dangers of AI, Blackstone's holiday video with a Taylor Swift twist. Squawk on the Street Disclaimer
12/15/202342 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: Interest Rates 12/14/23

Jim and Jeff says there could be a pullback for Wells Fargo at the end of the day. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/14/20233 minutes, 22 seconds
Episode Artwork

Fed Rally Fuels Dow 37K, Apple's Record High, Southwest Airlines CEO Exclusive 12/14/23

Carl Quintanilla, Jim Cramer and David Faber focused on the extended Fed-fueled rally in stocks, one day after the central bank announced its pivot toward potential rate cuts in 2024. The Dow coming off its first-ever close above 37,000. Apple hits a fresh record high. Cramer highlighted certain stocks to emphasize what he said the rally is all about. Also on the program: November retail sales upside surprise, Southwest CEO Bob Jordan at Post 9 on holiday travel and the airline's 2024 outlook, Moderna surges, Adobe slides, Tesla and its dancing robots. Squawk on the Street Disclaimer
12/14/202343 minutes, 11 seconds
Episode Artwork

SOTS+ Treasury Secretary Janet Yellen 12/13/23

Janet Yellen, Treasury Secretary, joins Sara Eisen to discuss the Secretary’s economic outlook and Federal Reserve policy, the general public’s support for ‘Bidenomics’, and much more.
12/13/202321 minutes, 16 seconds
Episode Artwork

Rallying Into the Fed Decision, Pfizer Slides On Guidance, Tesla Recalls 2 Million Vehicles 12/13/23

Carl Quintanilla, Jim Cramer and David Faber discussed stock markets in the midst of a four-day win streak andat their highest levels of the year, as investors await Wednesday's Fed decision. Pfizer shares tumble in reaction to 2024 guidance coming in below analysts' forecasts. The anchors explored the lackluster performance of the drugmaker's stock over the past 25 years -- and reacted to comments from Ken Langone: The billionaire told CNBC he believes Eli Lilly will become the first trillion-dollar pharma company. Also in focus: Tesla recalls more than two million vehicles due to autopilot software issues, Faber Report: U.S. Steel sale update. Squawk on the Street Disclaimer
12/13/202343 minutes, 17 seconds
Episode Artwork

Squawk on the Street 12/12/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.Squawk on the Street Disclaimer
12/12/202343 minutes, 41 seconds
Episode Artwork

Cramer's Morning Take: Oracle 12/12/23

Jim and Jeff explain why they’re exiting Oracle in the Charitable Trust. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/12/20233 minutes, 29 seconds
Episode Artwork

6-Week Win Streak, Deals in Focus, Top 2024 Airline Pick 12/11/23

Carl Quintanilla, Sara Eisen and David Faber kicked off the hour by discussing the markets, riding a 6-week win streak; This as investors get ready for a big week ahead with another CPI print and Fed meeting on deck. The anchors then shifted to a slew of M&A news, including Occidental Petroleum buying Permian producer CrownRock for $12 billion. Faber also broke down Cigna calling off its pursuit of Humana, and planning for a $10 billion stock buyback. Also in the mix; TD Cowen analyst Helane Becker discussed why she chose Delta Air Lines as her top 2024 pick in the sector, saying the company is “differentiating itself from the peer group.” Squawk on the Street Disclaimer
12/11/202343 minutes, 4 seconds
Episode Artwork

Cramer's Morning Take: Jobs Report 12/8/23

Jim and Jeff discuss the November jobs report after payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/8/20233 minutes, 3 seconds
Episode Artwork

Jobs Report Reaction, A Holiday Lulu, Amazon CEO on Dangers of AI, Honeywell CEO Exclusive 12/8/23

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of the better-than-expected November jobs report ahead of next week's Fed meeting -- and as the stock markets aim for a six-week win streak. Retail and the consumer also in the spotlight: Lululemon posted a Q3 revenue beat but holiday quarter guidance came in soft. Also in focus: What Amazon CEO Andy Jassy told Cramer about the dangers of AI, Honeywell CEO Vimal Kapur joined the program to discuss his company's $5 billion acquisition of Carrier's security business, anchors react to Paramount's rally, mortgage rates hit a four-month low. Squawk on the Street Disclaimer
12/8/202344 minutes, 14 seconds
Episode Artwork

Amazon CEO's Message, Exclusives With Exxon Mobil and Toll Brothers CEOs 12/7/23

Jim Cramer and David Faber led off the show with a look at Amazon and what CEO Andy Jassy told Cramer Wednesday night on CNBC about AWS, AI and the consumer this holiday season. Two CEO exclusives: Exxon Mobil's Darren Woods discussed falling oil prices, his company's growth plan and $60 billion deal to acquire Pioneer Natural Resources. Toll Brothers' Douglas Yearley spoke about his company' s earnings beat, the housing market and the homebuilder's red-hot stock -- up 80% year-to-date. Also in focus: The White House's latest move aimed at lowering drug prices, AMD taking on Nvidia by launching a new AI Chip, Alphabet's AI boost. Squawk on the Street Disclaimer
12/7/202348 minutes, 44 seconds
Episode Artwork

SOTS+ Walmart CEO Doug McMillon 12/6/23

Walmart CEO, Doug McMillon, discusses how the holiday season has gone for Walmart so far, how traffic is faring, and how the consumer is doing by income level.
12/6/202318 minutes, 41 seconds
Episode Artwork

Cramer's Morning Take: Starbucks 12/6/23

Jim and Jeff explain why they’re looking to add shares of Starbucks following consecutive losses. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/6/20233 minutes, 6 seconds
Episode Artwork

Amazon and Andy Jassy In Focus, $3T Apple, Cities of Success: Nashville 12/6/23

A wide-ranging show with Jim Cramer, David Faber and Carl Quintanilla: At Amazon headquarters, Cramer previewed his exclusive Wednesday night"Mad Money" interview with the company's CEO Andy Jassy. Jim and David discussed "Magnificent 7" stocks recently underperforming the S&P 500, while Apple returns to a $3 trillion valuation. In Nashville, Carl offered a sneak peek into the CNBC special "Cities of Success" which will premiere Wednesday night in primetime. Also in focus: Exxon Mobil and McDonald's offering game plans for growth, Starbucks' daily losing streak hits twelve, Taylor Swift named Time's Person of the Year for 2023. Squawk on the Street Disclaimer
12/6/202344 minutes, 24 seconds
Episode Artwork

Cramer's Morning Take: Starbucks, P&G 12/5/23

Jim and Jeff discuss why there’s an opportunity to buy Starbucks and P&G. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/5/20233 minutes, 35 seconds
Episode Artwork

Moody's Cuts China Credit Outlook, Apple Rallies, Starbucks' Cold Brew: An 11-Day Losing Streak 12/5/23

Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets extending losses after the worst day for stocks in almost a month. The anchors also reacted to Moody's cutting its China credit outlook to "negative" from "stable" -- and discussed the ramifications. The "Magnificent 7" in the spotlight: Apple jumps after Morgan Stanley says a smartphone recovery is "not yet priced into shares." Also in focus: Starbucks shares' eleven-day losing streak, "Investor Day" guidance from Johnson & Johnson and CVS Health, Nokia tumbles on news of an AT&T-Ericsson network deal, the new "Grand Theft Auto" trailer gets leaked. Squawk on the Street Disclaimer
12/5/202343 minutes, 21 seconds
Episode Artwork

Cramer’s Morning Take: Emmerson Electric 12/4/23

Jim and Jeff explain why they’re exiting Emmerson Electric and what they're adding in its place. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/4/20232 minutes, 50 seconds
Episode Artwork

Detour After Markets’ 5-Week Win Streak, Bitcoin Hits 20-Month High, Gold's Record Run 12/4/23

After five consecutive weeks of gains for the major indices, Carl  Quintanilla and Jim Cramer discussed stocks moving lower, gold hitting a record intraday high and bitcoin surging past $42,000 for the first time in 20 months. Jim explained why he finds it "worrisome to see gold so high and to see bitcoin so high." Also in focus: Alaska Airlines agrees to acquire Hawaiian Airlines and pays a huge premium, Ford U.S. auto sales fall in November despite strong demand for EVs, Uber shares pop on S&P 500 inclusion, Spotify surges on layoffs, a not so "Marvel"-ous development for Disney. Squawk on the Street Disclaimer
12/4/202342 minutes, 42 seconds
Episode Artwork

Cramer's Morning Take: Constellation Brands 12/1/23

Jim and Jeff explain why this Mexican beer position in the Charitable Trust may be an opportunity to buy after Goldman Sachs upgraded the stock to ‘Conviction Buy.’ Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
12/1/20233 minutes, 45 seconds
Episode Artwork

December and the "New Market", Musk and Tesla Go Cybertruckin', Pfizer's Weight-Loss Drug Setback 12/1/23

On the first trading day of December, Jim Cramer and David Faber explored what's ahead for stocks, including Jim's ideas for capitalizing on what he calls the "New Market" -- sparked by a bullish November. The anchors also discussed Elon Musk and Tesla's Cybertruck delivery event -- and what the vehicle could mean for the company and its stock. Also in focus: Pfizer shares slide on news surrounding its twice-daily obesity drug candidate, Disney brings back its dividend, Apple and Paramount reportedly discussed bundling their streaming services, Ulta surges. Squawk on the Street Disclaimer
12/1/202342 minutes, 50 seconds
Episode Artwork

Cramer's Morning Take: Salesforce 11/30/23

Jim and Jeff explain why Salesforce had a great quarter following their earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/30/20233 minutes, 45 seconds
Episode Artwork

Bulls Rule In November, Salesforce Surges, Musk's X-pletive 11/30/23

On the final trading day of a bullish November for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of the Fed's preferred inflation measure: Core PCE moderated in October from the previous month's year-on-year increase. Salesforce shares surged after the company raised operating margin guidance and posted a Q3 earnings beat, helped by cost-cutting measures. The anchors also reacted to comments Elon Musk made at the DealBook Summit Wednesday. Musk's message to advertisers that pulled out of his "X" social media platform: "Go f--- yourself." Also in focus: Nelson Peltz seeks two seats on Disney's board, earnings winners and losers, Ford's guidance, Abbvie to buy Immunogen for $10.1 billion, "Faber Report" on a potential Cigna-Humana deal, Chicago PMI surprise, OPEC+ agrees to an additional supply cut. Squawk on the Street Disclaimer
11/30/202345 minutes, 35 seconds
Episode Artwork

Cramer's Morning Take: Extraordinary Market Moment 11/29/23

Cramer’s explains why this is an extraordinary time for the markets. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/29/20234 minutes, 10 seconds
Episode Artwork

GM CEO Mary Barra, Jamie Dimon Speaks, Remembering Charlie Munger 11/29/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of General Motors surging after the company announced a $10 billion share buyback, unveiled plans for a 33% dividend hike in 2024, and reinstated 2023 guidance. GM Chair & CEO Mary Barra joined the program to discuss it all -- as well as the challenges facing the company's Cruise autonomous car unit. The anchors also reflected on the life of legendary investor and Berkshire Hathaway Vice Chairman Charlie Munger. Warren Buffett's longtime business partner died Tuesday at the age of 99. Also in focus: Andrew Ross Sorkin's wide-ranging interviewwith JPMorgan Chase Chairman & CEO Jamie Dimon at the DealBook Summit in New York City. Squawk on the Street Disclaimer
11/29/202351 minutes, 18 seconds
Episode Artwork

Markets and the Holiday Frenzy, China Galore, 2 Months of Falling Gas Prices 11/28/23

Jim Cramer and David Faber discussed what investors should make of the five-day holiday shopping frenzy -- from record online sales on Monday to why Jim says to pay close attention to brick-and-mortar retail action. China-related news in the spotlight: Fast-fashion giant Shein files for a U.S. IPO, the cost of dinner with President Xi, plus why affluent Chinese are moving their money out of their homeland. Also in focus: 60 straight days of falling U.S. gasoline prices, Zscaler slides despite an earnings beat, “Magnificent 7” watch, the Sports Illustrated-AI writer controversy, "Faber Report": U.S. Steel sale update. Squawk on the Street Disclaimer
11/28/202344 minutes, 18 seconds
Episode Artwork

Cramer's Morning Take: Alphabet, Meta, & Amazon 11/27/23

Cramer’s take on the three tech giants. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/27/20233 minutes, 37 seconds
Episode Artwork

Black Friday and Beyond, Shopify's President, "Buy Now, Pay Later" Boost 11/27/23

Carl Quintanilla, Jim Cramer and David Faber discussed Black Friday retail report cards, including Adobe Analytics' report stating U.S. online sales hit a record high. Adobe also said "buy now, pay later" usage rose 47% from a year ago, sparking a surge in shares of Affirm. The anchors also reacted to Wall Street firms’ notes on what to expect for the remainder of the holiday shopping season. Shopify President Harley Finkelstein joined the program to discuss his company's record Black Friday, holiday season strategy and shares up more than 50% month-to-date. Also in focus: The markets' four-week win streak, 'Magnificent 7" and AI, Disney's "Wish" disappoints at the Thanksgiving box office, Activism and Crown Castle, Elon Musk visits Israeli PM Netanyahu.  Squawk on the Street Disclaimer
11/27/202343 minutes, 41 seconds
Episode Artwork

Squawk on the Street 11/24/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.Squawk on the Street Disclaimer
11/24/202342 minutes, 53 seconds
Episode Artwork

Sam Altman Returns to OpenAI, Nvidia Earnings Get AI Boost, Oil Slumps on OPEC+ Meeting Delay 11/22/23

On the final trading day before Thanksgiving, Carl Quintanilla, David Faber and Sara Eisen led off the show with new developments in the OpenAI saga and its ramifications: The ChatGPT parent said it reached an agreement in principle for Sam Altman to return as CEO, after he was ousted by the startup on Friday. OpenAI's new initial board includes former Salesforce Co-CEO Bret Taylor and former Treasury Secretary Larry Summers. The anchors also reacted to Nvidia's blowout quarter being fueled by AI, but better-than-expected guidance was tempered by its China sales forecast. Also in focus: Crude oil prices slide after OPEC and its partner nations delayed their meeting originally slated for Sunday, Deere shares take a hit despite a fiscal Q4 beat, Nordstrom's pre-Black Friday earnings, Tim Cook talks Apple succession with pop star Dua Lipa, the Thanksgiving travel rush and what has been a rough second half of the year for airline stocks. Squawk on the Street Disclaimer
11/22/202342 minutes, 7 seconds
Episode Artwork

Cramer's Morning Take: Amazon & Danaher 11/21/23

Jim explains why he believes it’s not yet the time to buy more Amazon. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/21/20233 minutes, 2 seconds
Episode Artwork

Microsoft's Nadella on OpenAI Drama, Pre-Black Friday Earnings, Countdown to Nvidia's Results 11/21/23

Carl Quintanilla, Jim Cramer and David Faber explored the latest developments surrounding OpenAI's shakeup and firing of CEO Sam Altman. The anchors reacted to what Microsoft CEO Satya Nadella told CNBC about the ChatGPT parent. Retail earnings and the consumer also in the spotlight ahead of Black Friday: A look at why Lowe's and Best Buy shares fell and Dick's Sporting Goods was a bright spot. Also in focus: What to expect from Nvidia's after-the-bell earnings, Jeff Bezos sells Amazon shares, Chinese regulators conditionally approve the Broadcom-VMWaremerger deal, highlights of Cramer with mentalist Oz Pearlman. Squawk on the Street Disclaimer
11/21/202344 minutes, 16 seconds
Episode Artwork

OpenAI Shakeup: Company Ousts CEO Sam Altman, Microsoft Hires Him 11/20/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with the tumultuous shakeup at ChatGPT parent OpenAI: The startup fired Co-Founder and CEO Sam Altman, who ended up being hired by Microsoft to lead its new AI research team. The anchors explored what it all could mean for OpenAI's valuation, the company's board in the crosshairs and Microsoft stock. Also in focus: The markets aiming for a four-week win streak with Nvidia earnings due out after Tuesday's close, The CEO of GM's "Cruise" autonomous car unit resigns, one year since Bob Iger's return to Disney as CEO, Boeing jumps on Deutsche Bank's upgrade. Squawk on the Street Disclaimer
11/20/202342 minutes, 41 seconds
Episode Artwork

CNBC SPECIAL: Disney's Wildest Ride Part 2

CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. Stick around for a special interview with CNBC’s DJ Sixsmith on Sherman’s in-depth story about Disney’s succession drama. To read the full article go to https://cnb.cx/3Pr3kEd
11/20/202351 minutes, 53 seconds
Episode Artwork

CNBC SPECIAL: Disney's Wildest Ride Part 1

CNBC’s Alex Sherman reports on the inside story of a CEO succession plan gone awry at Disney — a cautionary tale of how good intentions clashed with ego and hubris at the highest levels of corporate America. Sherman spoke with more than two dozen people who worked closely with Disney’s last two CEOs, Bob Iger and Bob Chapek, between 2020 and 2022. His report features many never-before reported details about Chapek’s tenure, how and why he was fired, and Iger’s plan to revive Disney now that he’s CEO once again. To read the full article go to https://cnb.cx/3Pr3kEd
11/20/202343 minutes, 51 seconds
Episode Artwork

3-Week Win Streak Watch, AMAT Slumps on Probe Report, Musk Backlash 11/17/23

Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets, with major indices on track to achieve their first three-week win streak since summer. Shares of Applied Materials down sharply: The chip equipment maker said to be the subject of a U.S. criminal probe regarding its shipments to China. The anchors also reacted to the backlash against Elon Musk after his response to an antisemitic post on X -- and IBM pulls its ads from that platform. What's at stake for Tesla? Also in focus: Gap soars on earnings, Apple reportedly delays its modem chip for the iPhone, AI roundup including Google, how low can oil prices go? Squawk on the Street Disclaimer
11/17/202343 minutes, 58 seconds
Episode Artwork

CNBC SPECIAL: Inside Track - The Business of Formula 1 | Episode 2

Episode 2, Driving into the Future:CNBC's Sara Eisen explores the strategy behind Formula 1 motor racing's expansion in the U.S. from Austin to Miami to Las Vegas.  She looks at what’s in store for the sport’s future – including a new racing series for female drivers called F1 Academy, and the inaugural Las Vegas Grand Prix.  It’s F1’s most ambitious race yet, where the Las Vegas Strip will become an F1 track for the first time…Eisen goes behind the scenes to find out what it takes to build a track from scratch and how one family run business operates a kitchen from race to race across 4 continents to feed F1 teams and VIPs.  CNBC gives listeners the inside track on the global sports phenomenon known as Formula 1.  
11/17/202318 minutes, 52 seconds
Episode Artwork

CNBC SPECIAL: Inside Track - The Business of Formula 1 | Episode 1

Episode 1, Formula 1 and the Liberty Era:High speed, high tech and filled with high-flyers – CNBC Documentaries goes inside the business of Formula 1 to find out what is fueling its popularity and who is profiting. Correspondent Sara Eisen profiles the heads of several F1 racing teams, including Toto Wolff of Mercedes, Christian Horner of Red Bull and Guenther Steiner of Haas, and interviews the CEOs of Formula 1 and its owner, Liberty Media – a sports and entertainment company that purchased the league in 2017 and has made a series of bold changes.  Eisen travels to some of Formula 1’s most iconic races and examines the role of brand-name sponsors.  
11/17/202327 minutes, 23 seconds
Episode Artwork

Cramer's Morning Take: Cisco and Palo Alto Networks 11/16/23

Cramer’s outlook on both tech stocks after their most recent earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/16/20233 minutes, 50 seconds
Episode Artwork

Walmart Slides Despite Q3 Beat, The Cisco Skid, Biden-Xi Summit Takeaways 11/16/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with retail earnings and the consumer: Walmart shares fell after the company raised full-year guidance that ended up short of analyst consensus, overshadowing a Q3 beat. The anchors explored the similarities and differences between Walmart and Target – and what they mean for investors. Carl, Jim and David also reacted to Cisco shares tumbling after the Dow component cut its full-year revenue outlook. Also in focus: The summit meeting between Presidents Biden and Xi, the Chinese president's message to American CEOs, earnings winners and losers including Palo Alto Networks, Alibaba and Macy's, Morgan Stanley CEO James Gorman on inflation. Squawk on the Street Disclaimer
11/16/202343 minutes, 52 seconds
Episode Artwork

Target Surges, Disney and Activism, Markets Extend Post-CPI Rally 11/15/23

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. The anchors also discussed the big  post-CPI rally extending its gains, as the Producer Price Indexfell in October from the previous month. Also in focus: Biden-Xi meeting day, “Magnificent 7” moves, October retail sales decline, TJX among the earnings winners, a setback for the UAW-GM labor agreement. Squawk on the Street Disclaimer
11/15/202343 minutes, 32 seconds
Episode Artwork

Cramer's Morning Take: P&G 11/14/23

Jim and Jeff explain why they think you can still buy more shares of P&G in the Charitable Trust. They also discuss why they believe any housing-related stock stands to benefit most with lower interest rates. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/14/20232 minutes, 47 seconds
Episode Artwork

Tame CPI Fuels Rally, Home Depot Beats, Biden-Xi One Day Away 11/14/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with inflation data that sparked Tuesday's stock market rally and drop in Treasury yields. The October Consumer Price Index came in tamer than expected: Unchanged from the prior month and up 3.2% from a year ago, 4% when you strip out food and energy. Jim highlighted the "Magnificent 7" and homebuilding stocks among the big winners. Also in focus: Home Depot's Q3 beat despite a sales decline, a look ahead to Wednesday's meeting between Presidents Biden and Xi, media stocks join the rally, EV winners and losers. Squawk on the Street Disclaimer
11/14/202344 minutes, 17 seconds
Episode Artwork

Cramer's Morning Take: Apple 11/13/23

Jim and Jeff discuss why they’re not thinking of selling Apple in the Charitable Trust. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/13/20233 minutes, 6 seconds
Episode Artwork

Markets' Weekly Win Streak, Wegovy Data, Boeing Moves Skyward 11/13/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets aiming for a third straight week of gains. Lots for investors to digest this week including retail earnings, inflation data and President Biden set to meet with China's President XI at the APEC summit in San Francisco. Also in focus: Novo Nordisk's data on anti-obesity drug Wegovy reducing risks of heart-related events, Boeing jumps and scores a $52 billion jet order from Emirates, Disney's "The Marvels" box office disappointment, automakers ramping up EV discounts. Squawk on the Street Disclaimer
11/13/202343 minutes, 17 seconds
Episode Artwork

Win Streak Ends, "Powell Effect" In Focus, No "Power" for Stock Plummeting 35% 11/10/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound one dayafter this year's longest win streaks for the S&P 500 and Nasdaq came to an end. Hawkish comments by Fed Chair Powell and a lackluster Treasury auction combined to spark Thursday's decline.The anchors also reacted to shares of Plug Power plunging more than 35% on a quarterly miss and supply warning. Also in focus: Treasury Secretary Yellen meets with China's vice premier, billionaireinvestor Ron Baron on Tesla in China, rough day for Trade Desk, Diageo and luxury stocks, market bright spots, what media pioneer John Malone toldDavid about Rupert Murdoch. Squawk on the Street Disclaimer
11/10/202341 minutes, 3 seconds
Episode Artwork

CNBC LEADERS: John Malone 11/10/23

CNBC's David Faber spoke exclusively with Liberty Media Chairman, John Malone, to discuss the future of live & entertainment content, the state of streaming, sports rights, the future of ESPN and more.
11/10/202342 minutes, 55 seconds
Episode Artwork

Cramer's Morning Take: Disney 11/9/23

Jim and Jeff break down the earnings beat for Disney. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/9/20233 minutes, 20 seconds
Episode Artwork

John Malone Exclusive, Disney's Earnings Beat, Market Win Streak Watch 11/09/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Disney: The stock jumpedon a Q4 earnings beat, streaming subscriber growth and cost-cutting plans. David spoke exclusivelywith cable pioneer and Liberty Media Chairman John Malone. They discussed everything from Disney and the future for ESPN, to streamers in a period of "rapid transition." David also interviewed Liberty Media CEO Greg Maffei at the company's annual "Investor Day" about the business of Formula 1, sports media rights and big tech. Also in focus: The S&P 500 and Nasdaq's long win streaks, earnings winners and losers includingArm Holdings -- out with its post-IPO results. Squawk on the Street Disclaimer
11/9/202347 minutes, 35 seconds
Episode Artwork

Cramer's Morning Take: Microsoft 11/8/23

Jim and Jeff explain the strength of Microsoft after it closed at a new all-time high yesterday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/8/20233 minutes, 10 seconds
Episode Artwork

Markets Party Like It's 2021, WBD Tumbles, Waiting for Disney 11/8/23

Carl Quintanilla, Jim Cramer and David Faber focused on the market's upward momentum, including what's driving the S&P 500's seven-day win streak ‘and the Nasdaq's eighth straight day of gains: The longest such streaks for both indices in two years. Microsoft posted a record closing high on Tuesday. The anchors also discussed why shares of Warner Bros. Discovery tumbled on quarterly results, as Wall Street awaits Disney's after-the-bell earnings.Also in focus: Mortgage rates plunge -- so do shares of Robinhood, Roblox soars, results from EV makersRivian and Lucid. Squawk on the Street Disclaimer
11/8/202344 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: Datadog Market 11/7/23

Jim and Jeff discuss why they think Palo Alto will hit new breakout levels after a reported data breach at Las Vegas Sands. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/7/20233 minutes, 43 seconds
Episode Artwork

The Streak Rolls On, Uber Misses, EV Makers' Demand Challenges 11/7/23

Carl Quintanilla, Jim Cramer and David Faber explored tech's role in the stock market rally:The Dow and S&P 500 each looking to extend their daily win streaks to seven, while the Nasdaq aims for eight consecutive sessions of gains. Also in focus: Kashkari vs. Goolsbee, Uber's Q3 results miss estimates, D.R. Horton beats, EV makers said to be implementing discounts to shore up flagging demand, Datadog soars and lifts other cloud stocks, Netflix Co-CEO Ted Sarandos' comments on talks aimed at ending the SAG-AFTRA strike. Squawk on the Street Disclaimer
11/7/202344 minutes, 24 seconds
Episode Artwork

Cramer's Morning Take: FOMO Trading 11/6/23

Jim and Jeff discuss why they’d like to add more shares to either a chemical, health-care, manufacturing, or cybersecurity stock in the Charitable Trust after taking some profit from Foot Locker last Friday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/6/20233 minutes, 40 seconds
Episode Artwork

"Best Week" Rally, Disney Picks a New CFO, Riding the "Magnificent 7" 11/6/23

After the best week for the stock market so far this year, Carl Quintanilla and Jim Cramer discussed how to ride the rally's momentum. Jim highlighted the "Magnificent 7" -- including why he believes Microsoft is the best stock in the group and Tesla is destined to hit $300 per share. Also in focus: Veteran PepsiCo CFO Hugh Johnston is leaving the company to become Disney's CFO, Paramount slapped with a double downgrade, Citi mulls deep job cuts, Mark Zuckerberg's ACL tear, Bumble founder Whitney Wolfe Herd to step down as CEO. Squawk on the Street Disclaimer
11/6/202344 minutes, 18 seconds
Episode Artwork

Cramer's Morning Take: The Fed and Jobs 11/3/23

Cramer’s take on the latest Fed moves and today’s jobs report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/3/20233 minutes, 44 seconds
Episode Artwork

Hiring Cools in October, Stocks Extend Rally, Apple Falls Despite Q4 Beat 11/3/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to the October jobs report.Major indices extended their week-long rally and bond yields fell on news that non-farm payrolls came in smaller than expected -- up 150,000 -- while the unemployment rate ticked higher to 3.9%. The anchors also discussed Apple shares under pressure despite a Q4 earnings beat, as revenues fell for a fourth straight quarter. Also in focus: Sam Bankman-Fried found guilty on all counts in the FTX fraud trial, Acting Labor Secretary Julie Su on the jobs report and recent labor strikes,Paramount among the earnings winners, U.S. Steel as a takeover target, what Cramer told Apple CEO Tim Cook about "The Morning Show."  Squawk on the Street Disclaimer
11/3/202342 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: Starbucks 11/2/23

Jim and Jeff explain why they’re cautioning against selling shares of Starbucks after its earning beat led the stock to rise in morning trading. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/2/20232 minutes, 46 seconds
Episode Artwork

Market Rally and Fed Aftermath, Starbucks Surges, Gains for Lilly and Novo Nordisk 11/2/23

Jim Cramer and Sara Eisen discussed what to make of Wednesday's Fed decision on interest rates and comments from the central bank's chair Jerome Powell. This as bond yields fall, the Dow and S&P 500 aim for a fourth straight day of gains and the Nasdaq goes for a five-day win streak. Starbucks shares surged on better-than-expected Q4 results. Shares of anti-obesity drugmakers also saw gains: "Mounjaro" manufacturer Eli Lilly and Novo Nordisk -- the home of "Ozempic" and "Wegovy" -- posted quarterly beats. Also in focus: More earnings winners and losers, plus what to expect from Apple's after-the-bell results. Squawk on the Street Disclaimer
11/2/202344 minutes, 30 seconds
Episode Artwork

Cramer's Morning Take: DuPont 11/1/23

Jim and Jeff discuss why they'd like to buy more shares of DuPont after the company shaved its full-year guidance. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
11/1/20233 minutes, 28 seconds
Episode Artwork

November Markets and Fed Decision, AMD's AI Message, Musk on the Cybertruck and Zuckerberg 11/1/23

With major indices now in the midst of a three-month losing streak, Carl Quintanilla, Jim Cramer and David Faber discussed what to expect from the markets in November –  as well as the Fed's Wednesday decision on interest rates and policy statement.AMD shares erased losses sparked by soft Q4 guidance, rebounding after CEO Lisa Su said her company is forecasting$2 billion in AI chip sales next year. Also in focus: Treasury refunding, Tesla's Elon Musk spoke about his Cybertruck forecast and slammed both Meta's Mark Zuckerberg and X rival "Threads" on Joe Rogan's podcast, Stanley Druckenmiller on why he was "completely wrong" about the stock market this year, Cramer's eye-opening comments about Estee Lauder shares tumbling, "Faber Report" on a potential sale of Hulu and an update on the actors' strike against Hollywood studios and streamers. Squawk on the Street Disclaimer
11/1/202343 minutes, 56 seconds
Episode Artwork

CAT Scratch Fever, Druckenmiller Slams Yellen, Markets Oversold? 10/31/23

One day after a rebound rally on Wall Street, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to earnings from the likes of Pfizer, Amgen and Caterpillar -- the biggest blue-chip decliner despite a quarterly beat. Cramer explained why he believes the markets are oversold. The anchors also reacted to billionaire investor Stanley Druckenmiller accusing Treasury Secretary Janet Yellen of what he called the “biggest blunder in the history of the Treasury." Also in focus: Apple's product launch including new chips, the World Bank's $157/barrel warning, Sarepta plummets, Pinterest surges, X's valuation plunge since Elon Musk bought Twitter. Squawk on the Street Disclaimer
10/31/202343 minutes, 31 seconds
Episode Artwork

Cramer's Morning Take: Broadcom & Apple 10/30/23

Jim and Jeff say they’d buy more shares of Broadcom despite reports that its merger with an AI company may be delayed. They also discuss why they think Apple’s recent dip is not severe enough to worry about. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/30/20233 minutes, 46 seconds
Episode Artwork

Correction vs. Rally, McDonald's Beats, UAW-GM Tentative Deal 10/30/23

After the broader markets closed Friday's session in correction territory, Carl Quintanilla, Jim Cramer and David Faber explored what to make of Monday's rebound rally as we enter a big week: Apple joins the earnings parade, Treasury refunding, the Fed decision on rates and the key October jobs report. McDonald's shares up on better-than-expected quarterly results, helped by higher menu prices. Also in focus: General Motors becomes the last of Detroit's "Big 3" automakers to reach a tentative labor agreement with the UAW, Alphabet and Google CEO Sundar Pichai to testify in the U.S vs. Google antitrust trial, the Biden Administration's executive order on AI. Squawk on the Street Disclaimer
10/30/202346 minutes, 49 seconds
Episode Artwork

Cramer's Morning Take: Amazon 10/27/23

Jim and Jeff explain the strength of Amazon after it reported its quarterly earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/27/20233 minutes, 42 seconds
Episode Artwork

Amazon Surges on Earnings, Ford Misses, Inflation Watch & the Fed 10/27/23

Jim Cramer and David Faber capped a busy week of earnings with reaction to Amazon shares' sharp jump on better-than-expected Q3 results. The anchors explored where AWS and AI fit into the picture. Ford shares fell after a quarterly miss, including a wider loss in its EV unit. The automaker also withdrew 2023 guidance pending ratification of its tentative labor agreement with the UAW. Also in focus: Reaction to Core PCE -- the Fed's preferred inflation gauge, Intel surges, Exxon Mobil and Chevron earnings, solar stocks burned again, Chipotle's CEO take on GLP-1 drugs, Jamie Dimon's stock sale plan, Israel-Hamas war, FTX founder Sam Bankman-Fried testifies at his fraud trial. Squawk on the Street Disclaimer
10/27/202343 minutes, 45 seconds
Episode Artwork

Meta and the "Tech Wreck", UAW-Ford Tentative Deal, Southwest and ServiceNow CEOs 10/26/23

Carl Quintanilla, Jim Cramer and David Faber discussed how investors should navigate the"tech wreck" on Wall Street -- with Nasdaq in correction territory, Meta shares falling despite a Q3 beat andAlphabet extending its sharp post-earnings decline. The UAW and Ford reached a tentative agreementnearly six weeks after the union began walkouts against Detroit's "Big 3" automakers. The CEOs of  Southwest Airlines and ServiceNow joined the program to discuss their companies' respectivequarterly results. Also in focus: Q3 GDP at 4.9% growth, earnings winners and losers, Morgan Stanley selects Ted Pick to succeed James Gorman as CEO, Silver Lake explores taking Ari Emanuel's Endeavor private. Squawk on the Street Disclaimer
10/26/202346 minutes, 42 seconds
Episode Artwork

Cramer's Morning Take: Tech Stocks 10/25/23

Jim Cramer and Jeff Marks discuss Alphabet after its latest quarterly results led the broader technology space lower. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/25/20233 minutes, 32 seconds
Episode Artwork

Big Earnings Movers: Microsoft Jumps, Alphabet Slumps, Boeing CEO Exclusive 10/25/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with mega-tech earnings: Microsoft shares jumped on a quarterly beat while Alphabet fell sharply despite beating on the top and bottom lines. The anchors discussed how the cloud and AI made the difference in both cases. Boeing CEO Dave Calhoun joined the program to discuss his company's results - and the stock's rise in the face of a wider-than-expected Q3 loss. Also in focus: What to expect from Meta's after-the-bellresults, earnings movers including Visa and T-Mobile US, Wall Street calls on Apple, an update on the Israel-Hamas War. Squawk on the Street Disclaimer
10/25/202343 minutes, 28 seconds
Episode Artwork

Earnings Parade Fuels Stocks: Coke, Verizon, 3M and GE Beat, RTX CEO Exclusive 10/24/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets rallying on a barrage of Q3 earnings reports: Coca-Cola, Verizon, 3M and General Electric among the companies exceeding estimates.Raytheon parent RTX surged after beating the street and announcing a $10 billion stock buyback program.RTX CEO Greg Hayes joined the program to discuss that news, along with developments surrounding the Israel-Hamas War and what they could mean for the defense contractor. Also in focus: General Motors beats but withdraws guidance due to the auto strike, what to expect from Microsoft and Alphabet when they report quarterly results after Tuesday's close of trading. Squawk on the Street Disclaimer
10/24/202347 minutes
Episode Artwork

Chevron and Hess CEOs on $53B Deal, 5% Yield Effect on Stocks, Apple’s Losing Streak 10/23/23

Carl Quintanilla, Jim Cramer and David Faber kicked off "M&A Monday" with major news out of the energy sector: Chevron to buy Hess in an all-stock transaction valued at $53 billion. Chevron CEO Mike Wirthand Hess CEO John Hess joined the anchors at Post 9 to discuss the deal. Also in focus: A new week for stocks as the 10-year yield hovers around 5%, the Israel-Hamas War, why Apple shares are on track for a seventh straight day of declines, a mega-tech earnings week ahead featuring Microsoft, Alphabet, Meta and Amazon. Squawk on the Street Disclaimer
10/23/202349 minutes
Episode Artwork

The 5% Yield Effect, Powell's Fed for Thought, Obesity Drugs: Shots for Kids? 10/20/23

Carl Quintanilla, David Faber and Sara Eisen explored what's ahead for the markets one day afterthe 10-year note yield hit 5% for the first time since 2007 -- and Fed Chair Powell addressed the Economic Club of New York about rates and fighting inflation. Earnings also in the spotlight, including results from American Express -- while shares of Netflix extended their rally and Tesla continued to slumpfollowing the release of their results late Wednesday. Also in focus:  Novo Nordisk and Eli Lilly reportedly testing their weight loss drug shots for younger patients, PresidentBiden's $100 billion message to Congress, an update from Tel Aviv on the Israel-Hamas war.  Squawk on the Street Disclaimer
10/20/202342 minutes, 49 seconds
Episode Artwork

Tesla's Q3 Miss, Netflix Shares Surge, Powell and Yields Watch 10/19/23

Carl Quintanilla, David Faber and Sara Eisen led off the show with market reaction to "Big Tech" earnings.Tesla shares fell sharply on a Q3 miss as price cuts weighed on profits. A different story for Netflix: Shares surgedon news that the streaming giant added about nine million subscribers, posted a quarterly earnings beat andannounced price hikes. The anchors also explored what to expect from Thursday's remarks by Fed Chair Powell as the 10-year note yield continued its march toward 5%. Also in focus: The Israel-Hamas war, Earnings winners and losers including AT&T and American Airlines, Nestle CEO and the "Ozempic effect." Squawk on the Street Disclaimer
10/19/202343 minutes, 30 seconds
Episode Artwork

P&G's Earnings Beat, Morgan Stanley and United Slump, Nvidia on the Curbs 10/18/23

With the Dow in the midst of a three-day winning streak, Carl Quintanilla, Sara Eisen and Mike Santoli discussed market reaction to a number of earnings reports. Dow component Procter & Gamble received a liftfrom fiscal Q1 results, while Morgan Stanley and United Airlines saw their shares fall sharply despite quarterly beats. Nvidia extended its losses from Tuesday -- and responded to the White House's tighter curbs on AI chip exports to China. Citi and Morgan Stanley lowered their respective price targets on NVDA. Also in focus: Rising yields and oil prices, what to expect from Tesla and Netflix results due out after Wednesday's close of trading, President Biden visits Israel amid its war with Hamas.  Squawk on the Street Disclaimer
10/18/202343 minutes, 52 seconds
Episode Artwork

BofA and Goldman Sachs Beat, Retail Sales Surge, Chips Slump, Starboard's Jeff Smith on News Corp. 10/17/23

David Faber, Sara Eisen and Mike Santoli explored what to make of Q3 earnings beats from Bank of America and Goldman Sachs. The anchors discussed stocks falling and yields rising after September retail sales data more than doubled expectations.Nvidia and other semiconductor stocks also under pressure, after the Biden Administration announced it is tightening curbs on AI chip exports to China. At the 13D Monitor Active-Passive Investor Summit, David interviewed Starboard Value CEO Jeff Smith about the hedge fund's call for News Corp to unlock shareholder value via spinoffs. Also in focus: President Biden set to visit Israelamid its war with Hamas.
10/17/202344 minutes, 5 seconds
Episode Artwork

Big Week for Earnings, Pfizer's Warning and Rebound, Yellen on the Israel-Hamas War 10/16/23

Carl Quintanilla, David Faber and Sara Eisen led off the show with a look at what to expect from marketsthis week -- as earnings season ramps up and stocks move higher despite a rise in treasury yields. Pfizer also in the spotlight: The company lowered full-year guidance late Friday, citing weaker demand for itsCOVID vaccines and treatments. Why did the stock rebound? Also in focus: The Israel-Hamas war and what Treasury Secretary Yellen said about it, Charles Schwab earnings, obesity drug stocks vs. the consumer staples sector, a strong debut for Taylor Swift's concert film, David celebrates the Jets' upset of the Eagles. Squawk on the Street Disclaimer
10/16/202343 minutes, 1 second
Episode Artwork

Big Banks Beat, Microsoft-Activision Deal Closes, Exclusive: BlackRock’s Larry Fink 10/13/23

Carl Quintanilla and Jim Cramer began the hour by breaking down quarterly results from the big banks as JPMorgan, Citi and Wells Fargo all beat earnings estimates. The anchors also discussed the Microsoft-Activision deal officially closing after the UK’s CMA gave the green light for the $69 billion transaction. After the opening bells, the desk spoke exclusively with Blackrock CEO Larry Fink, who joined the anchors on set at Post 9. BlackRock posted a rise in profits, and reached over $9 trillion in assets under management.  Squawk on the Street Disclaimer
10/13/202346 minutes, 54 seconds
Episode Artwork

SOTS+ Authentic Brands CEO Jamie Salter & Inter Miami CF Owner David Beckham 10/12/23

CNBC's Sara Eisen interviews Authentic Brands CEO Jamie Salter & Inter Miami CF Owner David Beckham about the partnership, Authentic’s growth, the state of retail and Beckham’s Inter Miami team.
10/12/202325 minutes, 20 seconds
Episode Artwork

Cramer's Morning Take: Exxon Mobil & Pioneer 10/12/23

Jim Cramer and Jeff Marks share their thoughts on Exxon buying a Charitable Trust name and what it means for the stock. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/12/20233 minutes, 29 seconds
Episode Artwork

Yields Rise on CPI, UAW Latest Strike, Consumer Names Report 10/12/23

Carl Quintanilla and Jim Cramer kicked off the program breaking down the latest inflation print, with CPI coming in hotter-than-expected for the month of September. The consumer price index increased 0.4% on the month and 3.7% from a year ago, above respective forecasts for 0.3% and 3.6%. Following the market discussion, the anchors brought in Phil LeBeau to talk the UAW launching an unexpected labor strike to one of Ford’s most profitable plants. After the opening bells, the desk also discussed the latest earnings reports from consumer names Walgreens, Domino’s, and Delta Air Lines.  Squawk on the Street Disclaimer
10/12/202343 minutes, 40 seconds
Episode Artwork

Exxon Mobil Buys Pioneer, Hotter-Than-Expected PPI, Birkenstock Goes Public 10/11/23

Carl Quintanilla, Jim Cramer and David Faber began the show with the biggest M&A deal of the year as Exxon Mobil agreed to buy Pioneer Natural Resources for nearly $60 billion in an all-stock merger. Exxon said its production volume in the Permian Basin would more than double to 1.3 million barrels per day once the transaction closes. The anchors then shifted to this morning’s inflation data with PPI coming in hotter than expected at 0.5% vs. the 0.3% estimate. Also in the mix: shoe maker Birkenstock made its market debut at the NYSE, after pricing at $46 per share. Should investors buy the new public company? Squawk on the Street Disclaimer
10/11/202343 minutes, 50 seconds
Episode Artwork

Cramer's Morning Take: Bond Market vs. Stock Market 10/10/23

Jim Cramer and Jeff Marks compare investing in the bond market versus the stock market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/10/20233 minutes, 3 seconds
Episode Artwork

Israel Secures Border, Pepsi Pops, More Labor Strikes? 10/10/23

Carl Quintanilla and Jim Cramer kicked off the hour discussing the markets trying to build on yesterday’s rally as investors continue to monitor the Israel-Hamas conflict. NBC’s Kelly Cobiella reported live from Tel Aviv with the very latest on the ground. The anchors then turned to corporate earnings as Pepsi reported before the bell. The food and beverage giant posted beats for both earnings and revenue, and raised its profit forecast. After the opening bells, they also mentioned thousands of hospitality workers in Vegas planning to picket this week, after another failed round of negotiations with the casinos. Squawk on the Street Disclaimer
10/10/202344 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: Israel-Hamas War 10/6/23

Jim Cramer and Jeff Marks discuss possible implications on some portfolio holdings after the attacks on Israel over the weekend. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
10/9/20233 minutes, 32 seconds
Episode Artwork

Israel At War With Hamas, Safe-Haven Assets Rise, Peltz Pressures Disney 10/9/23

Carl Quintanilla, Jim Cramer and David Faber started the show discussing the Israel-Hamas conflict, which sent stocks lower and energy prices higher. Top gainers on the S&P 500 included defense stocks like Northrop Grumman, while the biggest laggards included travel names like United Airlines. On the corporate side, the anchors also discussed Disney and Nelson Peltz after the billionaire investor reignited his proxy battle with the media giant. Peltz’s activist firm, Trian Fund Management, plans to push for multiple seats on the board after increasing its stake in Disney to about 30 million shares, valued at roughly $2.5 billion.
10/9/202345 minutes
Episode Artwork

Cramer's Morning Take: Jobs Report 10/6/23 10/6/23

Jim Cramer and Jeff Marks explain the September jobs report and some Club holdings that could move based off of the economic data.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
10/6/20233 minutes, 27 seconds
Episode Artwork

Blowout Sept. Jobs Report, Oil Mega Deal, More Tesla Vehicle Price Cuts 10/6/23

Carl Quintanilla, Jim Cramer and David Faber kicked off the hour with the September jobs report; Nonfarm payrolls rose by 336,000 for the month blowing past the consensus estimate for 170,000, which sent stocks lower and yields higher. The anchors also discussed Exxon in talks to buy Pioneer Natural Resources, in a deal that could be worth roughly $60 billion. After the bells, the anchors also discussed Tesla, which cut Model 4 and Model Y prices in the U.S. after the company reported third-quarter deliveries that missed market expectations.  Squawk on the Street Disclaimer
10/6/202343 minutes, 6 seconds
Episode Artwork

Oil Prices Plunge, The Ozempic Effect, Disney’s Dismal Run 10/5/23

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the drop in oil prices. WTI crude came off its worst day of 2023, and touched its lowest price since August. The anchors then shifted to weight loss drugs, with the Walmart U.S. CEO saying he’s seeing a “slight pullback” for certain food products because of Ozempic and other products. After the bell the anchors also mentioned Disney’s tough run, with shares dipping back below $80, its lowest level since Oct. 2014.  Squawk on the Street Disclaimer
10/5/202343 minutes, 8 seconds
Episode Artwork

Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23

Carl Quintanilla, Jim Cramer and David Faber started the show discussing stocks trying to bounce back after the Dow suffered its worst day since March with Treasury yields still hovering around multi-year highs. The group also hit Apple, which got downgraded to “sector weight” at KeyBanc; The firm cited high valuations and concerns over soft growth in the United States as the main catalysts behind its call. Apple shares are down double digits over the past 3-months, is now a good time to get in? After the opening bells, the anchors also talked about more than 75,000 Kaiser Permanente workers going on strike, amid a simmering dispute over staffing levels.  Squawk on the Street Disclaimer
10/4/202343 minutes, 10 seconds
Episode Artwork

Yields Spike, Sam Bankman-Fried Trial Begins, Nadella Testifies 10/3/23

David Faber and Jim Cramer began the hour by discussing the spike in yields, with the 10-year and 30-year Treasury yields touching their highest levels since 2007. They also hit Cleveland Fed President Loretta Mester speaking out on Central Bank policy, arguing that one more U.S. rate hike may be needed in 2023. The anchors then shifted to the criminal trial of Sam Bankman-Fried beginning today; Bankman-Fried faces 7 counts of conspiracy and fraud over the collapse of FTX. Staying with court cases, Faber and Cramer also broke down the latest in the federal antitrust case against Google, a day after Microsoft CEO Satya Nadella testified in court on how hard it is to break into search. Squawk on the Street Disclaimer
10/3/202343 minutes, 27 seconds
Episode Artwork

Q4 Kicks Off, Tesla Deliveries, Live: Kellanova CEO 10/2/23

Carl Quintanilla, Sara Eisen and David Faber began the hour by breaking down the markets for Q4, with all major indices coming off their first negative quarter of 2023. The anchors also reacted to Bill Ackman’s comments, who told CNBC that the Fed is probably done raising rates and that he believes “the economy is starting to slow.” Phil LeBeau also joined the show to talk Tesla; the company reported Q3 delivery numbers of 435,059, slightly below estimates. Also in the mix: Kellogg’s snack spinoff Kellanova began trading at the NYSE; CEO Steve Cahillane joined the anchors live at Post 9 to discuss the new company. Squawk on the Street Disclaimer
10/2/202342 minutes, 56 seconds
Episode Artwork

Squawk on the Street+ Citigroup CEO Jane Fraser

In this CNBC exclusive, Citigroup CEO Jane Fraser joins Sara Eisen to discuss the vision behind splitting Citi into five business units, whether layoffs are part of the restructuring plan, and how the company intends to unlock more value.
9/29/202315 minutes, 55 seconds
Episode Artwork

Cramer's Morning Take: Micron, Nike, & Oil 9/29/23

Cramer and Jeff discuss turning the page on September and what’s ahead for the markets.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/29/20234 minutes, 3 seconds
Episode Artwork

Squawk on the Street 9/29/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.Squawk on the Street Disclaimer
9/29/202346 minutes
Episode Artwork

Squawk on the Street+ Ray Dalio 09/28/23

CNBC’s Squawk On The Street Anchor Sara Eisen talks with Bridgewater Founder Ray Dalio about the looming debt crisis in the U.S., geopolitical tensions between the U.S. and China, what should be a part of everyone’s portfolio and rumors of his potential return to Bridgewater. Sara Eisen spoke with Dalio at the Managed Funds Association’s Investment Leadership Dinner where he received the MFA Investment Leadership Award. Record date 9/27/23.
9/29/202347 minutes, 49 seconds
Episode Artwork

Cramer's Morning Take: Market Seasonality 9/28/23

Cramer and Jeff on market seasonality and staple stocks.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/28/20233 minutes, 46 seconds
Episode Artwork

The Yield Signal for the Markets, Micron CEO Exclusive, The Obesity Drug Makers' Rally 9/28/23

Carl Quintanilla, Jim Cramer and David Faber discussed the impact of rising yields on the markets. When would it be time to get bullish? You'll want to hear Jim's answer to that question. Micron CEO Sanjay Mehrotra joined the program exclusively: A lively discussion about chip maker's Q4 results -- and the guidance that weighed on the stock. Also in focus: The 2023 rally for obesity and diabetes drug makers Novo Nordisk and Lilly -- as prescriptions for weight-loss medications surge, what to expect from Nike's after-the-bell earnings, JetBlue's revenue warning, an update on Cleveland-Cliffs' takeover bid for U.S. Steel. Squawk on the Street Disclaimer
9/28/202346 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: Government Shutdown & Auto Strikes 9/27/23

Cramer gives his thoughts on how a possible government shutdown and ongoing auto worker strikes might affect the markets. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/27/20233 minutes, 42 seconds
Episode Artwork

Morning After the Sell-off, FTC vs. Amazon, 30 Years of David Faber 9/27/23

Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets after Tuesday's sell-off put the S&P 500 and Nasdaq on track for their worst monthly performance since December 2022. The anchors reacted to what FTC Chair Lina Khan told CNBC about the agency's lawsuit against Amazon, which alleges the company illegally wields monopoly power. Also in focus: UAW strikes continue while Hollywood writers end their walkout, Costco earnings, Target's theft problem, Nvidia CEO's connection with Denny's, a celebration of David's 30th anniversary at CNBC -- featuring a special guest. Squawk on the Street Disclaimer
9/27/202346 minutes, 29 seconds
Episode Artwork

Cramer's Morning Take: 9/26/23

Jim Cramer and Jeff Marks discuss buying opportunities during the current market downturn.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/26/20233 minutes, 46 seconds
Episode Artwork

Yields and the Market Slump, Dimon on Rates, Pres. Biden and the UAW Strike 9/26/23

Carl Quintanilla, Jim Cramer and David Faber discussed the stock market under pressure: Higher yields in the spotlight amid Fed rate hike expectations. Cramer explained why the 20-year bond yield should be on investors' radar. The anchors reacted to what JPMorgan Chase CEO Jamie Dimon told CNBC about the road ahead for rates. Also in focus: President Biden's trip to Michigan to join UAW members on the picket lines, new developments surrounding AI, Apple senior executive Eddy Cue to take the stand in the Google antitrust trial, the market action involving makers of obesity drugs. Squawk on the Street Disclaimer
9/26/202342 minutes, 20 seconds
Episode Artwork

Markets' Losing Streak, Amazon's $4B Bet on AI, Writers-Hollywood Studios Tentative Deal 9/25/23

Carl Quintanilla, Courtney Reagan and Mike Santoli kicked off the final week of September and Q3with a look at the markets: Major indices trying to avoid a five-day losing streak.Canaccord Genuity strategist Tony Dwyer joined the conversation. Amazon confirmed it plans to invest up to $4 billion in a startup rival to OpenAI. On the labor front: Media stocks rose after the Writers Guildand Hollywood studios announced a tentative agreement that could end a months-long strike, while theUAW's strike against Detroit automakers entered a second week. Also in focus, consumer and health-relatedstocks under pressure, Meta's chatbot push, Citi CEO's overhaul message, a Taylor Swift sighting on NFL Sunday. Squawk on the Street Disclaimer
9/25/202344 minutes, 4 seconds
Episode Artwork

After the Sell-off: Cramer's Six Reasons, iPhone 15 Hits Stores, UAW Deadline 9/22/23

Carl Quintanilla, Jim Cramer and David Faber led off a busy program with markets after the worst day for the S&P 500 since March. Jim explained why he believes the markets are too negative and outlined the six reasons investors are selling stocks. The anchors also discussed what to make of the Apple iPhone 15 launch in stores worldwide. Also in focus: Deadline day for the UAW as it considers expanding its strikes against Detroit's "Big 3" automakers, Microsoft clears a key hurdle for its deal to acquire Activision, new stocks slump: Arm, Instacart and Klaviyo hovering around their respective IPO prices after strong opening day gains. Squawk on the Street Disclaimer
9/22/202342 minutes, 29 seconds
Episode Artwork

Cisco and Splunk CEOs on $28B Deal, Markets' Post-Fed Pain, Murdoch Steps Down 9/21/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Cisco agreeing to acquire Splunk for $28 billion or $157 per share in cash. Cisco CEO Chuck Robbins and Splunk CEO Gary Steele joined the program to discuss where AI and security fit into the deal. The anchors also discussed markets under pressure after the Fed stood pat on rates Wednesday -- but policymakers wouldn't rule out further hikes. Media also in the spotlight: Rupert Murdoch said he is stepping down as chairman of News Corp. and Fox Corp. Sources told David that Hollywood studios and the Writers Guild are near an agreement that would end the union's months-long strike. Also in focus: FedEx jumps on earnings and full-year profit guidance, plus a look at why shares of WWE and UFC parent TKO Group fell into "smackdown" mode. Squawk on the Street Disclaimer
9/21/202346 minutes, 33 seconds
Episode Artwork

Cramer's Morning Take: Fed Preview & Amazon 9/20/23

Jim Cramer and Jeff Marks discuss this week’s volatile market ahead of the Federal Reserve’s interest rate announcement and news conference today. Jim also explains why he thinks Amazon is a buy at these levels amid the company’s holiday hike of employees.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
9/20/20234 minutes, 2 seconds
Episode Artwork

Fed Decision Day, BofA Sees S&P 4600, Apple and Goldman Planned iPhone Stock Trading Feature 9/20/23

Carl Quintanilla, Jim Cramer and David Faber discussed what to expect from Wednesday's Fed rate decision, as well as what Fed Chair Powell and his fellow policymakers might say about the road ahead. The anchors also reacted to Bank of America raising its year-end S&P 500 target to 4600 from 4300. Sources told CNBC that Apple and Goldman Sachs had planned a stock trading feature for the iPhone -- until the markets turned south last year. Also in focus: Goldman in advanced talks to sell its GreenSky consumer lending unit, Cramer's take on peak oil, J.P. Morgan says to "Sell" Dollar General, marketing automation company Klaviyo followsInstacart and Arm into the IPO waters with a Wall Street debut. Squawk on the Street Disclaimer
9/20/202344 minutes, 31 seconds
Episode Artwork

Cramer's Morning Take: Disney 9/19/23

Jim Cramer and Jeff Marks discuss how Club members can stay the course during this historically poor month for the market. Jim also explains why now is a good time to buy Disney while the stock is down.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
9/19/20234 minutes, 11 seconds
Episode Artwork

Waiting for the Fed, Instacart's IPO Day and $9.9B Valuation, Disney's Double 9/19/23

Interest rates in the spotlight: Carl Quintanilla, Jim Cramer and David Faber discussed stocks under pressure as the Fed kicks off its two-day policy meeting. The anchors also explored the state of the IPO market: Instacartheads into its Wall Street debut with a valuation of about $10 billion, while Arm shares fell for a third straight day after surging in itsreturn to the public markets last week. Also in focus: Disney doubles investment in its parks business and ABC to air additional "Monday Night Football" games because of the Hollywood strikes, what Oracle CEO Safra Catz told Cramer about AI, UAW's message to Detroit’s Big 3 as its strike against Ford, GM and Stellantis enters day five. Squawk on the Street Disclaimer
9/19/202344 minutes, 26 seconds
Episode Artwork

CNBC LEADERS: Ken Griffin 9/19/23

CNBC's Sara Eisen sits down for an exclusive with Citadel CEO & Founder Ken Griffin for a wide-ranging interview to discuss a variety of important, hard-hitting financial topics including the market & the Fed, whether Griffin will be backing Governor Ron DeSantis as a presidential candidate and his thoughts on the new movie, "Dumb Money," about the meme stock phenomenon.
9/19/202343 minutes, 2 seconds
Episode Artwork

Cramer's Morning Take: Fed Decision Looms 9/18/23

Jim Cramer and Jeff Marks discuss the market ahead of the Federal Reserve’s meeting this Wednesday.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/18/20233 minutes, 23 seconds
Episode Artwork

Markets and Fed Decision Week, UAW Strike Day 4, Apple iPhone 15 Demand in China 9/18/23

Carl Quintanilla, Jim Cramer and David Faber explored a new week for the markets, as investors await Wednesday's Fed decision on interest rates. The anchors engaged in a wide-ranging discussion about the impact of the United Auto Workers' strike against Detroit's Big 3 automakers, now entering day four.Phil LeBeau joined the conversation while reporting from a picket line in Toledo, Ohio. Also in focus:Apple reportedly witnessing strong iPhone 15 demand in China, Tim Cook on the "Vision Pro" headset, cyberattack impact on Clorox, Tesla said to be in EV factory talks with Saudi Arabia, a slew ofupgrades and downgrades.  Squawk on the Street Disclaimer
9/18/202344 minutes, 10 seconds
Episode Artwork

Cramer's Morning Take: Adobe & Oracle 9/15/23

Jim Cramer and Jeff Marks discuss Adobe and Oracle's partnership with Microsoft. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/15/20233 minutes, 3 seconds
Episode Artwork

UAW Strikes Against Detroit's Big 3, Arm Holdings Day 2, No AI Jump for Adobe 9/15/23

Carl Quintanilla, David Faber and Sara Eisen focused on the United Auto Workers going on a historic strike against Detroit's "Big 3" automakers: Ford, General Motors and Stellantis -- the parent of Chryslerand Jeep. The anchors discussed the ripple effects with Phil LeBeau, who spoke with GM CEO Mary Barraabout the strike and was on the ground at picket lines in Michigan. Also in focus: Arm Holdings' 25% jump on its IPO day Thursday and what it could mean for Instacart, what Citadel's Ken Griffin told Sara about the markets, Adobe shares fell despite a quarterly beat and the company touting AI, buzz surrounding Disney and potential bidders for ABC. Squawk on the Street Disclaimer
9/15/202342 minutes, 43 seconds
Episode Artwork

Squawk on the Street+ Ken Griffin 9/14/23

Citadel CEO Ken Griffin joins Squawk on the Street's Sara Eisen to discuss M&A business, the equity market, Fed rate hikes. Eva Moskowitz, Success Academy CEO and founder, joins in the conversation to discuss philanthropy in education. 
9/14/202327 minutes, 59 seconds
Episode Artwork

Cramer's Morning Take: Amazon 9/14/23

Cramer explains why Amazon’s stock has been “incredible”.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/14/20232 minutes, 57 seconds
Episode Artwork

Exclusive: SoftBank's Masayoshi Son and Arm CEO on the Biggest IPO of 2023 9/14/23

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases surrounding Arm Holdings' much-anticipatedIPO - the biggest of 2023. The SoftBank-owned chip designer listed on the Nasdaq and priced its offering at $51 per share -- the top of the expected range --  giving Arm a valuation of $54.5 billion. David spoke exclusively with SoftBank founderand CEO Masayoshi Son and Arm CEO Rene Haas about theirexpectations for the chip company, including its business in China. The anchors also explored what Arm's return to the public marketsmeans for the IPO landscapeand AI players including Nvidia.  Squawk on the Street Disclaimer
9/14/202344 minutes, 7 seconds
Episode Artwork

Cramer's Morning Take: Rate Hikes & Oracle 9/13/23

Jim Cramer and Jeff Marks discuss today’s CPI number, what it means for possible Fed rate hikes, and the latest on Oracle.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/13/20234 minutes
Episode Artwork

Inflation Watch, Apple iPhone 15 Reaction, Big Tech CEOs at Capitol Hill AI Forum 9/13/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to AugustCPI data ahead of next week's Fed decision on interest rates. The anchors explored how gasoline prices, retail and housing fit into the market picture. They also discussed Wall Street analysts'new calls on Apple followingits product launch event including thenew iPhone 15 lineup. Also in focus: Major tech CEOs including Elon Musk, Mark Zuckerberg andJensen Huang arrive on Capitol Hill for an AI forum with lawmakers, what Salesforce CEO Marc Benioff told Cramer about AI, the UAW and Detroit's "Big 3" automakers continue negotiations as a strike deadline looms. Squawk on the Street Disclaimer
9/13/202347 minutes, 7 seconds
Episode Artwork

Cramer's Morning Take: Oracle 9/12/23

Jim Cramer and Jeff Marks discuss Oracle and why you should buy some now on a post-earnings drop. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/12/20233 minutes, 28 seconds
Episode Artwork

Oracle Slumps, Apple iPhone 15 Watch, Ari Emanuel on WWE + UFC = TKO 9/12/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Oracle slumping on a quarterly revenue miss and sales guidance below analyst estimates. The anchors discussed where the company fits in the AI landscape. They also previewed Tuesday's much-anticipated Apple product event -- and the expected launch of the new iPhone 15. Endeavor CEO Ari Emanuel and COO Mark Shapiro spoke exclusively to David about closing the WWE-UFC deal to form sports entertainment firm TKO Group. They also discussed television rights, the Hollywood strike, PGA-LIV golf and who won the cable fee standoff: Disney or Charter?  Squawk on the Street Disclaimer
9/12/202346 minutes, 58 seconds
Episode Artwork

Cramer's Morning Take: The Future of AI 9/11/23

Jim Cramer attends the Dreamforce Conference and talks with Jeff Marks about the future of AI. Plus, Jim previews the August CPI report set to come out this Wednesday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/11/20233 minutes, 11 seconds
Episode Artwork

Tesla "AI Mojo" Upgrade, Qualcomm-Apple Chip Deal, A Busy Market Week 9/11/23

Carl Quintanilla,Jim Cramer and David Faber reacted to market-moving news out of the tech sector: Tesla was named a "top pick" by Morgan Stanley analyst Adam Jonas, who upgraded the stock to "Overweight" and hiked his price target to $400 from $250.Jonas said he believed Tesla's "Dojo" supercomputer will unlock the company's "AI mojo." Qualcomm shares jumped on news of its deal to supply Apple with 5G chips until 2026. In San Francisco, Cramer discussed what he's expecting from Salesforce's "Dreamforce" conference beginning Tuesday. The anchors also explored what will be a busy week of developments for the markets to digest -- including key inflation data, Apple's expected iPhone 15 launch and a potential UAW strike against Detroit automakers.The NYSE and Nasdaq each observed a moment of silence, honoring the victims of 9/11 on the 22nd anniversary of the terror attacks Squawk on the Street Disclaimer
9/11/202342 minutes, 42 seconds
Episode Artwork

Tech’s Tough Week, Reaction to Apple's Two-Day Slump, Goldman Sachs CEO Exclusive 9/8/23

Carl Quintanilla and Jim Cramer wrapped up a holiday-shortened week with a look ahead for themarkets, especially in the tech sector. The Nasdaq entered Friday’s session in the midst of a four-day losing streak. The anchors reacted to Wall Street analyst notes about Apple shares falling 6% over two days -- in wake of headlines surroundingChina and the iPhone. Also in focus: David Faber's exclusive interview with Goldman Sachs CEO David Solomon, the United Auto Workers called General Motors 10% wagehike offer "insulting" ahead of next week's strike deadline, used car price inflation data, the Disney-Chartercable fee standoff, the Lions-Chiefs NFL season opener.  Squawk on the Street Disclaimer
9/8/202343 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: “Negative” market & Apple 9/8/23

Jim Cramer and Jeff Marks discuss the current “negative” market and the latest on Apple ahead of next week’s iPhone 15 launch. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/8/20233 minutes, 52 seconds
Episode Artwork

CNBC Exclusive: Goldman Sachs CEO David Solomon 9/7/23

In this exclusive interview, "Squawk on the Street" co-anchor David Faber spoke with Goldman Sachs CEO David Solomon at the Goldman Sachs Communacopia & Technology Conference in San Francisco, CA.
9/7/202323 minutes, 17 seconds
Episode Artwork

Cramer's Morning Take: Apple 9/7/23

Jim Cramer and Jeff Marks discuss why they remain bullish on Apple ahead of its annual new product launch event on Tuesday and despite reports of its products being banned in China. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/7/20234 minutes, 23 seconds
Episode Artwork

Tech Tumbles: Apple Extends Stock Slump on Reports of a China Government iPhone Ban 9/7/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Apple extending this week's losses:  Shares hurt by published reports stating China plans to broaden its ban of iPhone usage by government officials. The anchors explored whether now is the time to buy mega-tech names, as the Nasdaq entered Thursday's session in the midst of a three-day losing streak. At the Goldman Sachs "Communacopia" conference in San Francisco, David highlighted comments made at the event by Warner Bros. Discovery CEODavid Zaslav. Also in focus: Crude oil's nine-session win streak, the streaming wars as the NFL season kicks off, auto industry labor strife, Boeing's 737 MAX delivery guidance, CNBC's "Fast Money" rings the Nasdaq opening bell. Squawk on the Street Disclaimer
9/7/202344 minutes, 10 seconds
Episode Artwork

Cramer's Morning Take: Rising Oil Prices 9/6/23

Jim Cramer and Jeff Marks discuss why the market hasn’t been able to keep up the momentum of August’s gains. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/6/20233 minutes, 23 seconds
Episode Artwork

Live from Goldman’s Communacopia, Regulatory Headwinds, AI Market “Skyrocketing” 9/6/23

Carl Quintanilla and Jim Cramer began the show from the NYSE while David Faber joined the crew live from Goldman’s tech & media conference in San Francisco, California. At the conference, AMD CEO Lisa Su spoke on a panel saying the demand for AI semiconductors remained strong, adding that the market is “skyrocketing.” The anchors then turned to the broader markets with the major indices headed towards another day of losses. How should investors play this volatile market environment? Also in focus: The WSJ reported that the FTC could file an antitrust suit against Amazon at the end of the month, after Amazon officials did not offer concessions to the FTC to pursue a settlement over antitrust claims.  Squawk on the Street Disclaimer
9/6/202343 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: Interest Rates 9/5/23

Jim Cramer and Jeff Marks discuss why interest rates going higher is driving the market down. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
9/5/20232 minutes, 47 seconds
Episode Artwork

September Swoon? Arm Roadshow, Warner Bros. Discovery’s Warning 9/5/23

Carl Quintanilla and Jim Cramer began the show by breaking down the broader markets on the shortened week of trading. The anchors also reacted to Federal Reserve Governor Christopher Waller telling CNBC that the markets are coming off “a hell of a good week of data” that will buy the central bank some time on policy decisions. Additionally, the desk hit Arm Holdings, which kicked off its IPO roadshow and submitted an updated filing for its upcoming listing, setting a price range between $47 and $51. Also in the mix: Warner Bros. Discovery warned that it is expecting to take a $300 million to $500 million profit hit from the ongoing Hollywood strike.  Squawk on the Street Disclaimer
9/5/202343 minutes, 46 seconds
Episode Artwork

NEC Director Brainard on Jobs Report, Retail Rollercoaster, Disney-Charter Showdown 9/1/23

On the first trading day of September, Carl Quintanilla, Leslie Picker and Mike Santoli led off the show with the August employment report. It showed job creation and the unemployment rate came in in higher-than expected last month, while non-farm payrolls growth was downwardly revised for June and July. National Economic Council Director and former Fed vice chair Lael Brainard joined the program with White House reaction to the numbers and her take on inflation. Veteran strategist Ed Yardeni shared his expectations for the markets this month. Also in focus: Lululemon's earnings beat, Walmart's all-time high, Dollar General's downgrade parade, the FTC/Amgen-Horizon Therapeutics settlement, Disney-Spectrum/Charter carriage dispute, Dell surges, Barry Diller slams Netflix.   Squawk on the Street Disclaimer
9/1/202343 minutes, 6 seconds
Episode Artwork

Last Trading Day of August, Fed Inflation Watch, Salesforce's AI Boost 8/31/23

On the final trading day of August, Carl Quintanilla and Sara Eisen explored market reaction to the Fed's preferred inflation gauge -- Core PCE -- coming in as expected but a tick higher in July. This as the major indices entered Thursday's session in the midst of a four-day win streak, but on track for a negative month. Shares of Salesforce surged on quarterly results and guidance above analyst forecasts, getting a lift from AI. Also in focus: The July consumer spending jump, Dollar General tumbles on an earnings miss and lowered guidance, Shopify-Amazonpartnership, Sara's exclusive with Authentic Brands CEO Jamie Salter, why movie stocks are getting a boost from Taylor Swift. Squawk on the Street Disclaimer
8/31/202343 minutes, 34 seconds
Episode Artwork

ADP Report Shows Labor Market Cooling, Adam Parker's Market Message, Commerce Sec. Exclusive 8/30/23

With major indices aiming for a fourth straight day of gains, Carl Quintanilla and David Faber discussed market reaction to key economic reports: ADP data show jobs growth cooled in Julywhile Q2 GDP and PCE inflation gauge were revised lower - fueling investor hopes that the Fed could stand pat on interest rates in September. Trivariate Research founder Adam Parker offered his take on the markets,including Nvidia's post-earnings stock moves and the AI trade. Also in focus: Commerce Secretary Gina Raimondo spoke exclusively to CNBC about her visit to China, Hurricane Idalia makes landfall in Florida, Apple's September 12 product event, HP Inc. and Ambarella shares tumble. Squawk on the Street Disclaimer
8/30/202344 minutes, 6 seconds
Episode Artwork

Navigating a Tough August, Commerce Secretary in China, White House Selects Drugs for Medicare Price Negotiations 8/29/23

Carl Quintanilla, David Faber and Mike Santoli discussed the markets' road ahead: The Nasdaq headed into Tuesday with gains in five of the last six session, but still on track for its worst month of the year along with the S&P 500. Commerce Secretary Gina Raimondo headed to Shanghai after meeting with China's vice premier. Eunice Yoon reported from the high-speed train in which the secretary was traveling. Also in focus: The Biden Administration unveiled its list of drugs selected for Medicare price negotiations, Best Buy's earnings beat, Verizon and AT&T upgraded, Alphabet trades near 2023 highs, Nvidia's post-earnings moves and AI, what Amazon CEO Andy Jassy reportedly told remote workers about returning to the office.  Squawk on the Street Disclaimer
8/29/202342 minutes, 54 seconds
Episode Artwork

Nvidia and a New Market Week, Commerce. Sec. in China, 3M Jumps On Settlement Reports 8/28/23

Carl Quintanilla and David Faber kicked off a new market week after a Friday in which the Dow posted its best day in about three weeks and Fed Chair Powell delivered his Jackson Hole speech. What should investors make of Nvidia erasing last week's gains from its blowout quarter? Also in focus: Commerce Secretary Raimondo's visit to China and that country's moves to boost its capital markets, 3M shares up sharply on reports the company is near a $5.5 billion settlement related to its earplugs, the FTC pauses its challenge to Amgen's $27 billion deal to acquire Horizon Therapeutics. Squawk on the Street Disclaimer
8/28/202343 minutes, 26 seconds
Episode Artwork

Powell Jackson Hole Day, Markets After the Sell-off, Wild Retail Week and the Theft Effect 8/25/23

Carl Quintanilla, Courtney Reagan and Mike Santoli focused on what investors could expect from the Fed Chair Jerome Powell at the Fed symposium in Jackson Hole, Wyoming. Friday's event comes one day after a Wall Street sell-off which erased gains sparked by Nvidia's blowout quarter. Retail back in the spotlight and capping a volatile week for the sector: Gap posted mixed quarterly results, while shares of Nordstrom fell despite a quarterly earnings beat. The company said losses due to theft were historic. Also in focus: Sara Eisen's rare interview with the CEOs of Simon Property Group and Authentic Brands, along with the executive chair of Sheinabout a new fast-fashion retail partnership involving the Forever 21 chain. Squawk on the Street Disclaimer
8/25/202343 minutes, 22 seconds
Episode Artwork

Cramer's Morning Take: Nvidia 8/24/23

Jim Cramer and Jeff Marks break down results from Nvidia and preview the annual Federal Reserve meeting tomorrow at Jackson Hole. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/24/20233 minutes, 41 seconds
Episode Artwork

AI Boosts Nvidia's Blowout Quarter, Powell One Day Away, T-Mobile US To Cut 5,000 Jobs. 8/24/23

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about Nvidia: Shares surged to a record high on the company's blowout quarter and raised guidance due strong demand for AI chips. The future for interest rates also in the spotlight, as investors brace forFed Chair Jerome Powell's Jackson Hole speech on Friday. Also in focus: T-Mobile US plans to layoff 5,000 employees, supplier defect weighs on Boeing, Dollar Tree's turn to experience retail pain,Snowflake's earnings beat. Squawk on the Street Disclaimer
8/24/202344 minutes, 21 seconds
Episode Artwork

Cramer's Morning Take: Foot Locker 8/23/23

Jim Cramer and Jeff Marks share a lesson for Club members after Foot Locker plummets following their latest earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/23/20233 minutes, 29 seconds
Episode Artwork

Foot Locker Joins Retail Rout, Nvidia Countdown, Peloton Plummets 8/23/23

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at more pain for the retail sector: Foot Locker shares plunged after the company posted a revenue miss, slashed guidance and paused its dividend. That news coming one day after the worst session ever for shares of Dick's Sporting Goods -- and Nike extended its daily losing streak to nine. Also in focus: What to expect from Nvidia's after-the-bell earnings, Peloton shares plummet to record lows as results and guidance disappoint Wall Street, Abercrombie soars, Teamsters approve UPS contract, Toll Brothers lifts homebuilders. Squawk on the Street Disclaimer
8/23/202343 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: Danaher 8/22/23

Jim Cramer and Jeff Marks lay out what Club members should look for when buying stocks as the S&P Oscillator shows oversold conditions and why they are adding Danaher to the portfolio. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/22/20234 minutes, 16 seconds
Episode Artwork

Retail's Wild Ride, Microsoft's New Pitch to UK on Activision Deal, Arm's IPO Filing 8/22/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at retail earnings. Lowe's and Macy's beat on the bottom line, but shares of Dick's Sporting Goods tumbled after the company posted a big miss on profits and slashed guidance. The anchors explored the impact of theft and inventoryissues on the retail landscape. Also in focus: Microsoft's new Activision deal proposal to UK regulators, Softbank-owned chip designer Arm files to go public with an IPO many expect to be the biggest of 2023, Nvidia's new all-time high ahead of quarterly results due out after Wednesday's close of trading. Squawk on the Street Disclaimer
8/22/202343 minutes, 20 seconds
Episode Artwork

Cramer's Morning Take: Palo Alto Networks 8/21/23

Jim Cramer and Jeff Marks discuss what stocks are in good position to be bought with the S&P Oscillator showing oversold market conditions. Plus, Jim breaks down the latest earnings report from Palo Alto Networks and what it means for the company’s near-term outlook. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/21/20233 minutes, 36 seconds
Episode Artwork

Powell and Nvidia Lead Big Market Week, China Trims Key Rate, Palo Alto Surges 8/21/23

With stocks on track for their worst month since December 2022, Carl Quintanilla, Jim Cramer and David Faber highlighted what to expect from two big events this week: Fed Chair Jerome Powell's speech at the Jackson Hole symposium on Friday, plus Nvidia's after-the-bell earnings due out Wednesday. The anchors also reacted to China's central bank cutting a key interest rate, but the move was more modest than many expected. Also in focus: Palo Alto Networks surged on its earnings report released after Friday's closeof trading. UK regulators approve the Broadcom-VMWare merger deal, Tesla looks to snap a six-session losing streak. Squawk on the Street Disclaimer
8/21/202343 minutes, 58 seconds
Episode Artwork

Bears Tighten Grip, Apple and the Mega-Tech Correction, Bloomin' Activism 8/18/23

Carl Quintanilla, Sara Eisen and Mike Santoli explored what to make of the August market slump: The S&P 500 and Nasdaq on track for a third consecutive weekly decline. Apple entered Friday's session down 11% percent month-to-date, leading the mega-cap correction along with Microsoft, Nvidia and Meta. On the activist front, Starboard Value confirmed it has amassed a nearly 10% stake in Outback Steakhouse parent Bloomin' Brands. Also in focus: China property woes and Evergrande's bankruptcy filing in the U.S., bitcoin's slide and the Elon Musk factor, Deere and Estee Lauder fall after reporting earnings. Squawk on the Street Disclaimer
8/18/202343 minutes, 55 seconds
Episode Artwork

Walmart Beats, Cisco CEO Exclusive, Fed for Thought: Ten-Year Yield Hits 2008 High 8/17/23

Jim Cramer and Sara Eisen began the show with reaction to Walmart's better-than-expected quarterly results and raised guidance. Why was the stock volatile on that news? Cisco CEO Chuck Robbins joined Jim and Sara at Post 9 to discuss the company's earnings beat and AI outlook which helped to lift the stock. Also in focus: The ten-year note yield hits a fresh 15-year high following the release of Fed Minutes on Wednesday, Amazon and Mark Cuban's drug firm play a role in shares of CVS tumbling, an earnings miss for Coach parent Tapestry, China's challenges and what its premier said about achieving growth targets. Squawk on the Street Disclaimer
8/17/202342 minutes, 43 seconds
Episode Artwork

Target Jumps, Chinese Shares Slump, Markets Brace for Fed Minutes 8/16/23

Carl Quintanilla and Jim Cramer led off the show with shares of Target up sharply after a quarterly earnings beat overshadowed an earnings miss and lowered guidance. TJX beat on the top and bottom lines ahead of Walmart's results due out Thursday. What's the best way to play retail? Also in focus: China stocks under pressure amid concerns about that country's economy, markets looking past a rough Tuesday and awaiting the Wednesday release of Fed minutes, what to expect from Cisco's after-the-bell results, Nvidia's rebound, Cava's first earnings report since the Mediterranean restaurant chain's June IPO. Squawk on the Street Disclaimer
8/16/202343 minutes, 27 seconds
Episode Artwork

Cramer's Morning Take: China Data Miss 8/15/23

Jim Cramer and Jeff Marks discuss weakened investor sentiment after China reported disappointing economic data and its central bank made a surprise rate cut. They also discussed why they started a new position in Oracle. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/15/20233 minutes, 18 seconds
Episode Artwork

Retail Sales Surge, China's Surprise Rate Cut, Fitch Warns On Banks 8/15/23

Carl Quintanilla, David Faber and Jim Cramer discussed stocks under pressure after China's central bank announced a surprise rate cut, in wake of disappointing economic data in that country. Jim explained why investors should focus on the "good ole USA" instead of China's economy. Fed rate fears also weighed on the markets after government retail sales data for July beat expectations. Home Depot's quarterly results also exceeded consensus estimates. Also in focus: Fitch told CNBC it may be forced to downgrade banks, Warren Buffett's Berkshire Hathaway bets on homebuilders, the Nvidia rally, a provocative Financial Times headline about Cramer. Squawk on the Street Disclaimer
8/15/202343 minutes, 8 seconds
Episode Artwork

Cramer's Morning Take: Nvidia 8/14/23

Jim Cramer and Jeff Marks discuss Nvidia and why you should sell some shares at these levels.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/14/20233 minutes, 27 seconds
Episode Artwork

New CEO for PayPal, Goldman's Rate Cut Call, U.S. Steel Rejects Takeover Bid 8/14/23

Carl Quintanilla, David Faber and Jim Cramer led off the show with breaking news from David: PayPal has tapped Intuit executive Alex Chriss to succeed Dan Schulman as CEO in late September 2023. The anchors also discussed the new market week which will include earnings from Walmart, Target and Home Depot. Carl, David and Jim reacted to Goldman Sachs' prediction that the Fed will begin cutting rates in Q2 2024. Shares of U.S. Steel soared after the company rejected a $7.3 billion unsolicited takeover off from rival Cleveland Cliffs. Also in focus: The negative press surrounding Goldman Sachs CEO David Solomon – fair or unfair? Squawk on the Street Disclaimer
8/14/202343 minutes, 16 seconds
Episode Artwork

Hotter PPI, Tech's Rough Stretch, Biden: China a "Ticking Time Bomb" 8/11/23

Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with market reaction to fresh inflation data: The July Producer Price Index came in a bit hotter-than-expected, following Thursday's cooler-than-expected CPI report. The anchors explored what's at stake for the markets and the Fed. Also in focus: The tech sector's roughest stretch since December, President Biden calledChina a "ticking time bomb" due to its economic challenges, getting ahead of the curve on next week's retail earnings from Walmart, Target and Home Depot, what X Corp. CEO Linda Yaccarino told Sara about a potential Musk-Zuckerberg cage match. Squawk on the Street Disclaimer
8/11/202344 minutes, 5 seconds
Episode Artwork

Cramer's Morning Take: CPI Report 8/10/23

Jim Cramer and Jeff Marks discuss why you shouldn’t buy stocks just because you think the Fed is done hiking rates. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/10/20232 minutes, 56 seconds
Episode Artwork

CNBC Exclusive: X CEO Linda Yaccarino 8/9/23

In this exclusive interview, "Squawk on the Street" co-anchor Sara Eisen speaks with X CEO Linda Yaccarino in her first broadcast interview since stepping into the role. The two discuss everything from rebranding Twitter and advertising strategy to the future of the social media giant.
8/10/202324 minutes, 25 seconds
Episode Artwork

Inflation Report Fuels Stock rally, Disney's Price Hikes, $8.5B Luxury Retail Deal 8/10/23

Carl Quintanilla, Jim Cramer and David Faber focused on stocks rallying on new inflation data. The Consumer Price Index rose in July year-over-year for the first time in 13 months, but came in tamer than expected -- boosting bulls' hopes that the Fed will stand pat on rates in September. The anchors also engaged in a wide-ranging discussion about Disney. The stock rose after the company announced price hikes for its streaming services, overshadowing mixed quarterly results. Also in focus: Coach parent Tapestry agreed to acquire Capri Holdings -- the home of Versace and Michael Kors --  for $8.5 billion in cash, Alibaba and Wynn Resorts among the earnings winners, Novo Nordisk vs. Eli Lilly: The demand for diabetes and obesity drugs. Squawk on the Street Disclaimer
8/10/202343 minutes, 38 seconds
Episode Artwork

Cramer's Morning Take: CPI Preview 8/9/23

Jim Cramer and Jeff Marks discuss the Consumer Price Index ahead of its report Thursday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/9/20233 minutes, 58 seconds
Episode Artwork

ESPN's Sports-Betting Deal, Bracing for Disney Earnings, China Deflation 8/9/23

Carl Quintanilla, Jim Cramer and David Faberled off the show with all things Disney: The company'sESPN unit struck a $2 billion U.S. online sports-betting agreement with Penn Entertainment, which is selling Barstool Sports back to its founder Dave Portnoy. The anchors also explored what to expect from Disney's quarterly results due out after the close of trading on Wednesday. Also in focus:China enters deflation territory, Lilly's record run, earnings winners and losers, auto industry labor pains, the rise and steep fall of stocks such as WeWork and Wheels Up. Squawk on the Street Disclaimer
8/9/202343 minutes, 1 second
Episode Artwork

Moody’s Downgrades Banks, Pharma Stocks Surge, UPS Cuts Forecast 8/8/23

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down Moody’s decision to cut its ratings on 10 U.S. banks, which dragged on the broader markets and the financial sector. On the bright side, pharma names rallied after Eli Lilly reported better than expected profit and revenue. Shares of Novo Nordisk also surged after key trial data showed its drug Wegovy cuts risk of heart attack or stroke by 20%. Also in the mix: UPS cut its margin and revenue forecasts following weak e-commerce demand and the company’s new labor contract. Squawk on the Street Disclaimer
8/8/202343 minutes, 30 seconds
Episode Artwork

Cramer's Morning Take: Apple 8/7/23

Jim Cramer and Jeff Marks discuss Apple after its quarterly earnings showed iPhone sales fell for the third consecutive quarter. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/7/20233 minutes, 53 seconds
Episode Artwork

More Rate Hikes? Apple of My AI, Billionaire Battle 8/7/23

Carl Quintanilla, Jim Cramer and David Faber started the hour by breaking down the broader markets, with the S&P and Nasdaq both coming off their worst weeks since March. Investors also worked with new Fed commentary, as Governor Michelle Bowman said more rate hikes will likely be needed. The anchors also turned to Apple, coming off its worst week of 2023, with new reports saying the company is boosting its AI efforts for iPhones and iPads. Also in the mix: an update to the cage match between Mark Zuckerberg and Elon Musk, as the two CEOs traded jabs on their respective social platforms over the weekend. Squawk on the Street Disclaimer
8/7/202343 minutes, 33 seconds
Episode Artwork

Jobs Chill, Apple Guidance, Amazon Rally 8/4/23

Carl Quintanilla, Morgan Brennan and Mike Santoli began the show by breaking down today’s jobs report after nonfarm payrolls expanded by 187,000 for July, slightly below the Dow Jones estimate for 200,000. The unemployment rate was 3.5%, against a consensus estimate that the jobless level would hold steady at 3.6%. The anchors then shifted to today’s big tech earnings with Amazon and Apple moving in opposite directions; Amazon posted its biggest earnings beat since 2020 while Apple saw its third straight quarter of falling sales. Also in the mix: Booking Holdings shares surged post-results with CEO Glenn Fogel saying he’s “not seeing any signs of a slowdown” in travel.  Squawk on the Street Disclaimer
8/4/202343 minutes, 37 seconds
Episode Artwork

Buffett Shrugs Off Fitch Downgrade, Qualcomm Shares Sink, Live: Shopify President 8/3/23

Carl Quintanilla and Jim Cramer began the hour by breaking down the tech sector, a day after the Nasdaq suffered its worst daily performance since February. Shares of chip giant Qualcomm plunged in early trading despite beating earnings estimates, after the company’s guidance and revenue fell short of expectations. The anchors also turned to Warren Buffett shrugging off the Fitch downgrade, telling CNBC “There are some things people shouldn’t worry about… this is one.” Also in the mix: Shopify President Harley Finkelstein joined the show to break down his latest earnings beat, the company’s partnership with Roku and a lot more. Squawk on the Street Disclaimer
8/3/202343 minutes, 7 seconds
Episode Artwork

Cramer's Morning Take: Fitch Downgrades U.S. Debt 8/2/23

Jim Cramer and Jeff Marks discuss AMD after it reported quarterly results and Fitch downgrading U.S. long-term rating to AA+ from AAA. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/2/20233 minutes, 39 seconds
Episode Artwork

Stocks Slump on Fitch U.S. Downgrade and ADP Jobs Report, AMD CEO on Earnings and AI 8/2/23

Carl Quintanilla and Jim Cramer led off the show with a look at markets under pressure after Fitch downgraded the U.S. government credit rating from AAA to AA+. Was the cut justified? Fed rate hike fears also weighed on investor sentiment: ADP reported a much bigger-than-expected surge in private sector job creation for July. On the earnings front, AMD CEO Lisa Su ‘joined the program to discuss the chipmaker's Q2 beat and AI strategy. The anchors reacted to quarterly results from the likes of Starbucks, DuPont and CVS Health. Also in focus: Tupperware's meme stock rally gives back some gains, Ford July U.S. auto sales, Apple ahead of Thursday's after-the-bell earnings, studios and striking Hollywood writers to restart talks. Squawk on the Street Disclaimer
8/2/202343 minutes, 8 seconds
Episode Artwork

Cramer's Morning Take: Caterpillar 8/1/23

Jim Cramer and Jeff Marks discuss Caterpillar after reporting earnings and why they are looking to sell some shares of the stock. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
8/1/20233 minutes, 30 seconds
Episode Artwork

August Trading Begins, Caterpillar CEO Exclusive, Uber's First Operating Profit 8/1/23

On the first trading day of August, Jim Cramer and David Faber explored the road ahead for stocks and what investors should make of a busy earnings Tuesday. Caterpillar CEO Jim Umpleby joined the program exclusively to discuss everything from his company's better-than-expected quarterly results – to doing business in China.The anchors also reacted to Uber posting its first-ever quarterly operating profit. Also in focus: Winners and losers from the earnings barrage, Ford restarts production of its F-150 Lightning electric truck, CVS reportedly set to cut 5,000 jobs, Tupperware as the new meme stock -- up more than 500% since the beginning of July. Squawk on the Street Disclaimer
8/1/202344 minutes, 14 seconds
Episode Artwork

Cramer's Morning Take: P&G 7/31/23

Jim Cramer and Jeff Marks discuss the markets and Proctor & Gamble after the company reported quarterly earnings and revenue that beat analysts’ expectations. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/31/20233 minutes, 55 seconds
Episode Artwork

Final Trading Day of July, The Bulls Winning Again, Musk Puts an "X" on Twitter 7/31/23

Wrapping up the first trading month of Q3, Jim Cramer and David Faber discussed what to make of a strong July:The S&P 500 and Nasdaq each on track for a fifth consecutive monthly gain. The anchors explored what to expect from a busy earnings week, including results from "Trillion Dollar Club" members Apple and Amazon. Also in focus: Elon Musk rebrands Twitter as "X" and irks San Francisco officials with a flashing logo, China and the chips, Disney update, Sofi and Sweetgreen surge on quarterly results, The SEC's message to Coinbase. Squawk on the Street Disclaimer
7/31/202343 minutes, 59 seconds
Episode Artwork

Market Momentum, Semi Surge, BOJ’s Surprise Shift 7/28/23

David Faber, Leslie Picker and Scott Wapner began the hour discussing the recent market momentum with the Dow and S&P aiming  for their 3rd straight week of gains. Investors digested some key inflation data as core PCE rose 4.1% from a year ago, the lowest annual rate since September 2021. The anchors then shifted to another busy day of earnings with names like P&G, Ford and Intel all reporting results; Intel returned to profitability after two straight quarters of losses. Also in the mix: the Bank of Japan surprised the global financial markets after the central bank loosened its yield curve control. Squawk on the Street Disclaimer
7/28/202344 minutes, 6 seconds
Episode Artwork

Meta’s Monster Quarter, Rally Rolls On, Live: ServiceNow CEO 7/27/23

David Faber and Jim Cramer began the hour breaking down Meta’s monster quarter, posting double-digit revenue growth for the first time since 2021, which sent shares soaring in early trading. Two food giants also reported results, but moved in opposite directions as McDonald’s rallied but Chipotle plunged post results. The anchors also touched on the broader markets a day after the Fed raised rates by 25 basis points, touching its highest level in more than 22 years. Also in the mix: ServiceNow CEO Bill McDermott broke down his company’s latest quarter after beating on the top and bottom lines.  Squawk on the Street Disclaimer
7/27/202343 minutes, 42 seconds
Episode Artwork

Cramer's Morning Take: Tech Earnings 7/26/23

Jim Cramer and Jeff Marks break down results from Alphabet and Microsoft after reporting earnings yesterday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/26/20233 minutes, 22 seconds
Episode Artwork

Tech Turbulence, Exclusive: Boeing CEO, Atlanta Braves Go Public 7/26/23

David Faber and Jim Cramer began the hour with two mega-cap tech stocks reporting results: Microsoft and Alphabet. Both names topped earnings expectations but the stocks moved in opposite directions in early trading. The anchors also turned to Phil LeBeau who brought in Boeing CEO Dave Calhoun for a CNBC exclusive interview; the stock rallied on a strong earnings beat. After the bells, the anchors hit a slew of other earnings with AT&T, Visa and Texas Instruments all reporting results. Also in the mix: David interviewed the CEOs of Liberty Media and the Atlanta Braves, after completing its spin-off to become the first publicly traded team in the MLB.  Squawk on the Street Disclaimer
7/26/202344 minutes, 31 seconds
Episode Artwork

Cramer's Morning Take: Alphabet 7/25/23

Jim Cramer and Jeff Marks are considering trimming Alphabet depending on how the stock reacts to its earnings results posting after the market close today. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/25/20233 minutes, 3 seconds
Episode Artwork

Blue Chip Earnings Parade, Exclusive: GM CEO Mary Barra, Dow Rides 11-Day Win Streak 7/25/23

David Faber and Jim Cramer began the hour breaking down the big batch of corporate results with names like Verizon, GE, and 3M on the move. The anchors also discussed Morgan Stanley’s long-time bear Mike Wilson addressing the markets’ performance saying: “We were wrong… 2023 has been a story of higher valuations than we expected.” Also in the mix: GM CEO Mary Barra joined the show, along with CNBC reporter Phil LeBeau, to break down the company’s latest quarterly results.  Squawk on the Street Disclaimer
7/25/202344 minutes, 4 seconds
Episode Artwork

Cramer's Morning Take: Fed Preview 7/24/23

Jim Cramer and Jeff Marks share their outlook for the market as Wall Street awaits another potential interest rate hike from the Federal Reserve. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/24/20233 minutes, 26 seconds
Episode Artwork

Big Week Ahead, Bye Bye Birdie, Exclusive: Chevron CEO 7/24/23

David Faber and Jim Cramer began the hour breaking down the big week ahead for investors with mega tech names set to report results amid a looming Fed decision on rates. Stocks also tried to build on their recent rally with the Dow aiming for its 11th straight day of gains. The anchors also turned to Twitter, where Elon Musk brought more changes by officially rebranding the company to ‘X’. After the bells, Chevron CEO Mike Wirth joined the show for a CNBC exclusive interview; the company pre-announced earnings and separately waived its fixed retirement age for the CEO, allowing him to maintain that role past 2025. Squawk on the Street Disclaimer
7/24/202343 minutes, 43 seconds
Episode Artwork

Dow Win Streak vs. Tech Sell-off, AmEx Shares Slump, Pres. Biden's Meeting With Major AI Companies 07/21/23

David Faber, Sara Eisen and Mike Santoli explored what's ahead for the markets after Thursday's  tech sector sell-off as well as the Dow's ninth straight day of gains for the first time since 2017.Speaking of the Dow, shares of American Express fell sharply despite the company posting record quarterly revenue and  an all-time high in credit card spending. The anchors also discussed what to expect from President Biden's Friday meeting  with executives of AI companies including Microsoft, Google and Amazon. Also in focus: CSX's revenue miss, the  SiriusXM short squeeze, rally week for the regional banks, the latest on the FTC vs. the Microsoft-Activision deal.  Squawk on the Street Disclaimer
7/21/202343 minutes, 53 seconds
Episode Artwork

Cramer's Morning Take: Netflix & Tesla 7/20/23

Jim Cramer and Jeff Marks break down the markets after earnings from Netflix and Tesla. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/20/20234 minutes, 13 seconds
Episode Artwork

Tesla and Netflix Shares Slump on Q2 Results, Nine-Day Win Streak for the Dow? 7/20/23

Jim Cramer and David Faber led off the show with big tech earnings: Tesla shares down sharply despite better-than-expected quarterly results, overshadowed by lower margins in wake of price cuts. Netflix shares also under pressure after the company posted a Q2 revenue miss, even though its password sharing crackdown fueled subscriber growth. Are both stocks worth buying now? Also in focus: More earnings winners and losers, the Dow aims for a nine-day win streak and gets help from Johnson & Johnson's Q2 results and outlook, Taiwan Semiconductor's first profit drop in four years and what it  could mean for the chip sector, Blackstone hits $1 trillion in assets, Cramer explains why one particular homebuilder is the "key to this market." Squawk on the Street Disclaimer
7/20/202343 minutes, 44 seconds
Episode Artwork

Cramer's Morning Take: "Back From the Dead" Stocks 7/19/23

Jim Cramer and Jeff Marks discuss the markets as the second-quarter earnings season is off to a strong start. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/19/20233 minutes, 41 seconds
Episode Artwork

Market Momentum, New FTC and DOJ Merger Guidelines, Waiting for Netflix and Tesla 7/19/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending their rally that sent stocks to highs not seen since April 2022. The anchors explored what to expect from Netflix and Tesla quarterly results due out after the after Wednesday’s close of trading -- and reacted to mixed Q2 results from Goldman Sachs. M&A in the spotlight: The FTC and DOJ released a draft of revised merger guidelineswhich explain how the agencies "identify potentially illegal mergers." Also in focus: Microsoft-Activisionmerger deadline extended to October, Carvana soars, shares of AT&T and Verizon get a much needed boostin wake of lead cable exposure concerns, Cramer as a "Jeopardy!" clue.  Squawk on the Street Disclaimer
7/19/202344 minutes, 23 seconds
Episode Artwork

Cramer's Morning Take: Big Bank Earnings 7/18/23

Jim Cramer and Jeff Marks discuss why it may be time to trim some of their position in Morgan Stanley. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/18/20233 minutes, 58 seconds
Episode Artwork

Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this comingone day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levelsnot seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&Tand Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ movesin light of the labor strikes in Hollywood. Squawk on the Street Disclaimer
7/18/202343 minutes, 40 seconds
Episode Artwork

Cramer's Morning Take: Big Tech 7/17/23

Jim Cramer and Jeff Marks discuss the so-called Magnificent 7 stocks leading this year’s market rally following a report from Citigroup. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/17/20233 minutes, 20 seconds
Episode Artwork

Big Earnings Week, Tesla vs. Ford, AT&T Extends Stock Slide to 30-Year Lows 7/17/23

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at what to expect from the markets this week -- featuring earnings from the likes of Bank of America,Goldman Sachs, Morgan Stanley, Netflix and Tesla. Speaking of the autos: Tesla shares jumpedon news that the company built its first Cybertruck, while shares of Ford fell after it cut prices of its electric F-150 Lightning truck. AT&T shares fell to 30-year lows on a downgrade plus analystreaction to risks of legacy lead cable exposure highlighted in a Wall Street Journal investigation.Also in focus: Luxury stocks under pressure on slower-than-expected China GDP growth, Labor stalemates from UPS to Hollywood, the Microsoft-Activision deal closes in on a Tuesday deadline. Squawk on the Street Disclaimer
7/17/202343 minutes, 53 seconds
Episode Artwork

Cramer's Morning Take: Bank Earnings 7/14/23

Jim Cramer and Jeff Marks discuss several big banks after posting earnings today. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/14/20233 minutes, 27 seconds
Episode Artwork

Big Banks' Earnings Beats, Exclusive With BlackRock CEO Larry Fink 7/14/23

Carl Quintanilla, Jim Cramer and David Faber began the show with big banks kicking off earnings season: JPMorgan Chase, Wells Fargo and Citigroup led the financial sector higher after posting better-than-expected second-quarter results. Should you buy the banks now? BlackRock Chairman & CEO Larry Fink joined the anchors at Post 9 for an exclusive interview. Hear what the head of the world's largest asset manager had to say about a jump in earnings and inflows, inflation and the economy, AI, the investment climate, crypto regulation and energy M&A. Also in focus: The S&P above 4500, UnitedHealth rises on earnings, AT&T shares extend their slump on a downgrade, the future for Disney. Squawk on the Street Disclaimer
7/14/202346 minutes, 40 seconds
Episode Artwork

CNBC Exclusive: Disney CEO Bob Iger 7/13/23

In this exclusive interview, Squawk on the Street's David Faber speaks with Disney CEO Bob Iger live from Sun Valley, ID.
7/13/202339 minutes
Episode Artwork

Markets' "Inflation Rally," Delta and PepsiCo Earnings Beats 7/13/23

Carl Quintanilla, Jim Cramer and David Faber engaged in wide-ranging discussions about highlights from David's exclusive interview with Disney CEO Bob Iger in Squawk Valley, Idaho  -- everything from the company extending Iger's contract to serve as CEO through 2026 to the challenges facing the media giant. The anchors also discussed the markets extending their rally on another batch of inflation data: June PPI coming in cooler than expected after Wednesday's CPI was tamer than consensus estimates. Also in focus: Delta and PepsiCo each beating on quarterly results and raising guidance, The FTC to appeal a judge's ruling on the Microsoft-Activision deal, Amazon "Prime Day" numbers, Exxon Mobil to buy carbon dioxide pipeline company Denbury for $4.9 billion in stock. Squawk on the Street Disclaimer
7/13/202344 minutes, 22 seconds
Episode Artwork

Markets Rally on Inflation Data, Oracle CEO Exclusive, Big Win for Microsoft-Activision 7/12/23

Carl Quintanilla and Jim Cramer discussed the cooler-than-expected June CPI inflation data that resulted in fresh 52-week highs for both the S&P 500 and Nasdaq. Are the markets overbought? In an exclusive, Jim interviewed Oracle CEO Safra Catz on the floor of the NYSE after her company rang the opening bell. Also in focus: Microsoft and Activision after a federal judge rejected the FTC and gave the companies’ merger deal a green light, Domino’s shares surge on the company’s partnership with Uber, playing the “Magnificent 7” stocks, Jamie Dimon on Fed tightening, a look ahead to David Faber’s exclusive interview with Disney CEO Bog Iger from Sun Valley, Idaho on Thursday. Squawk on the Street Disclaimer
7/12/202344 minutes, 16 seconds
Episode Artwork

Cramer's Morning Take: Amazon's Prime Day 7/11/23

Jim Cramer and Jeff Marks discuss Amazon as its ‘Prime Day’ sale begins today. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/11/20233 minutes, 27 seconds
Episode Artwork

The Big Tech Rebalance, Amazon Kicks off Prime Day, PGA Tour-LIV Golf Hearing 7/11/23

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the big cap tech stocks after the Nasdaq said it would rebalance the NDX to address the benchmark’s overconcentration. Wells Fargo published a note detailing names that could benefit from the changes, highlighting Starbucks, Mondelez and Booking Holdings as potential winners. The anchors then shifted to the PGA Tour-LIV Golf merger, as the Senate held its first hearing on the deal, just a day after former AT&T CEO Randall Stephenson resigned from the PGA Tour board over the merger. Also in the mix: Evercore’s Mark Mahaney named Uber as his new number one big-cap long idea, replacing Meta, and Needham’s Laura Martin said that she believes that Disney will be purchased during the next 3 years. Squawk on the Street Disclaimer
7/11/202343 minutes, 38 seconds
Episode Artwork

Cramer's Morning Take: Overbought or Not? 7/10/23

Jim Cramer and Jeff Marks discuss the market ahead of June’s Consumer Price Index data set to come out this Wednesday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/10/20233 minutes, 46 seconds
Episode Artwork

Inflation & Earnings, Citi Downgrades U.S. Stocks, Twitter vs. Threads 7/10/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at the big week ahead for investors as they monitor key inflation data on deck, lots of Fed speak and the banks kicking off earnings season. On the new week of trading, the anchors also reacted to some big market notes including Citi downgrading U.S. stocks to neutral from overweight. Bernstein also posted a note on the technology sector saying they “struggle to recommend an overweight in tech for the second half.” Also in focus: Billionaires Zuckerberg and Musk exchanged more jabs over the weekend, and Carl Icahn revised his loan agreement with banks following Hindenburg Research’s call to short Icahn Enterprises.  Squawk on the Street Disclaimer
7/10/202343 minutes, 26 seconds
Episode Artwork

Job Growth Slows in June, Yellen's China Talks, Twitter Threatens Meta 7/7/23

Carl Quintanilla, Leslie Picker and Mike Santoli discussed market reaction to the June jobs report and what it could mean for the Fed. Non-farm payrolls missed expectations -- up 209,000 -- while the unemployment rate fell to 3.6% and wage growth exceeded forecasts. J.P. Morgan Asset Management Chief Global Strategist David Kelly joined the program with his view on what’s at stake for investors. Also in focus: Treasury Secretary Janet Yellen's talks with senior Chinese officials, Twitter threatens legal action against Meta over the new "Threads" app, what Amazon CEO Andy Jassy told CNBC about the economy, the FDA approves Biogen and Eisai's Alzheimer's drug, surprising sales data involving EVs. Squawk on the Street Disclaimer
7/7/202343 minutes, 53 seconds
Episode Artwork

Cramer's Morning Take: ADP Jobs Data 7/6/23

Jim Cramer and Jeff Marks talk about their market outlook after the June ADP private payrolls report was more than double the estimates. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
7/6/20233 minutes, 31 seconds
Episode Artwork

Stocks Slump on Strong Jobs Report, “Fedspeak” and Rate Hikes, the Future for Meta's "Threads" 7/6/23

Carl Quintanilla and Jim Cramer discussed rate hike fears, courtesy of employment data that sparked a market sell-offand sent the 2-year note yield above 5% to a 16-year high. ADP said the private sector added 497,000 jobs in June, more than doubling economists' estimates. The anchors also reacted to comments from Dallas Fed PresidentLorie Logan and New York Fed President John Williams, both making the case for additional rate increases.Also in focus: Treasury Secretary Yellen arrives in Beijing for talks with Chinese officials, market bright spots, Meta launches "Threads" in a direct challenge to Twitter -- how might monetizing the new app and disrupting the ad market fit into the picture? Squawk on the Street Disclaimer
7/6/202342 minutes, 38 seconds
Episode Artwork

Cramer's 2nd Half Playbook. China Slowdown Worries, Meta-Twitter Showdown Looms 7/5/23

On the first full trading day of the second half, Carl Quintanilla and Jim Cramer explored what to expect from the markets over the next six months. Jim offered his take on the AI rally, the "arrogance" of the bears and his investment strategy for the upcoming earnings season. China services activity for June came in at its slowest in five months -- the data out one day ahead of U.S. Treasury Secretary Janet Yellen's four-day visit to Beijing. Also in focus: Meta expected to challenge Twitter by launching its "Threads" app this week, Teamsters vs. UPS, an upgrade for Netflix. Squawk on the Street Disclaimer
7/5/202344 minutes, 32 seconds
Episode Artwork

Second Half Playbook, EV Spark for Tesla and Rivian, Yellen to Visit China 7/3/23

Heading into the 4th of July holiday,, David Faber, Leslie Picker and Mike Santoli explored what to expect from stocks in the second half of 2023 following a bullish first half, especially for tech. Tesla and Rivian led Monday's EV stock rally after posting better-than-expected quarterly deliveries. Analysts joined the program with their outlooks for Tesla and energy, respectively -- the latter was the worst performing S&P sector in 1H. Also in focus: Treasury Secretary Janet Yellen to visit Beijing on Thursday for a four-day meeting with senior Chinese officials, the outlook for regional bank stocks, Zuckerberg vs. Musk cage match update. Squawk on the Street Disclaimer
7/3/202343 minutes, 31 seconds
Episode Artwork

Final Trading Day of 1H, Markets Jump on Inflation Data, Apple Hits $3T Valuation 6/30/23

On a busy final trading day of the month, quarter and half, Carl Quintanilla, David Faber and Sara Eisen explored the 2023 rally, led by the Nasdaq -- on track for its best first half in four decades, fueled by AI. What can investors expect in the second half? The Fed's favorite inflation gauge gave a lift to stocks on Friday: Core PCE cooled in May on a year-over-year basis. The anchors discussed Apple hitting a $3 trillion valuation at the open of trading. Also in focus: Nike shares fall on mixed quarterly results, the latest on merger deals in the FTC's crosshairs -- Microsoft-Activision and Amgen-Horizon Therapeutics.  Squawk on the Street Disclaimer
6/30/202343 minutes, 2 seconds
Episode Artwork

CEO at Post 9 on IPO Market's Big Thursday, Banks' Stress Test Rally, Micron Beats 6/29/23

Carl Quintanilla, David Faber and Mike Santoli highlighted a big Thursday for the IPO Market.Thrift shop operator Savers Value Village, Kodiak Gas Services and Fidelis Insurance all going public with listings on the NYSE. The CEO of Savers joined the program at Post 9 to discuss his company's debut. The anchors discussed the rally in the financial sector after 23 banks passed the Fed's stress test. Also in focus: Micron posts a quarterly beat and rides the AI boom, Apple's marchtoward a $3 trillion valuation, Disney gets downgraded, FTC vs. Microsoft-Activision update. Squawk on the Street Disclaimer
6/29/202343 minutes, 29 seconds
Episode Artwork

Semis Slide on Report of an AI Chip Exports to China Ban, Powell and Lagarde at ECB Forum 6/28/23

Carl Quintanilla, David Faber and Mike Santoli led off the show with Nvidia and other semiconductor stocks under pressure -- after The Wall Street Journal reported the Biden Administration is considering new restrictions on exports of AIchips to China.Top central bankers also in the spotlight: CNBC's Sara Eisen moderated a panel discussion at the ECB Forum in Portugal, including Fed Chair Jerome Powell, ECB President Christine Lagarde, Band of England Governor Andrew Bailey and Bank of Japan Governor Kazuo Ueda. Also in focus: General Mills slumps on its sales miss and outlook, a "Faber Report" on the FTC vs. Microsoft-Activision -- the CEOs of both companies expected to testify in court Wednesday. Squawk on the Street Disclaimer
6/28/202342 minutes, 48 seconds
Episode Artwork

Market Rally vs. Losing Streak, Walgreens Woes, Delta's Message to Investors 6/27/23

With the Dow in the midst of a six-day losing streak -- and the S&P 500 down in five of the last six sessions -- Carl Quintanilla, David Faber and Mike Santoli explored whether or not this year's market rally is losing steam. Shares of Walgreens Boots Alliance fell sharply after the company slashed guidance and posted its first quarterly earnings miss in three years. A different story for Delta: The airline raised Q2 guidance and hosted its annual "Investor Day" event. Also in focus: EV stocks roundup, the IPO market's busy week, the Snowflake-Nvidia AI partnership, Citi ups its price target on Meta to a street-high $360. Squawk on the Street Disclaimer
6/27/202343 minutes, 20 seconds
Episode Artwork

Final Week of 1H, Russia Revolt Fallout, Deals Galore, Another Tesla Downgrade 6/26/23

Carl Quintanilla, David Faber and Sara Eisen discussed what's ahead for the markets entering the final trading week of the month, quarter and half. NBC News Chief Foreign Correspondent Richard Engel reported on the fallout from the mercenary revolt in Russia. David's "Faber Report" highlighted a number of real estate deals, including one that sent shares of SL Green up by double-digits. Also in focus: Goldman Sachs joins the Tesla downgrade parade, Carnival shares down sharply despite a quarterly beat, FTC vs. Microsoft-Activision update, IBM to buy software company Apptio for $4.6 billion, obesity drug news moving pharma stocks.  Squawk on the Street Disclaimer
6/26/202343 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Wall Street's Losing Week 6/23/23

Jim Cramer and Jeff Marks discuss the market and why now is not the time to buy despite a down week. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/23/20233 minutes, 43 seconds
Episode Artwork

Stocks Under Pressure, 3M's Massive Settlement, Zuckerberg vs. Musk: "Dead Serious" 6/23/23

Carl Quintanilla, Jim Cramer and David Faber discussed stocks pulling backat the end of a holiday-shortened week, with the Nasdaq and Nasdaq 100 on track for their worst week since April. Jim explained why he doesn't believe the selling is over. On the flipside, 3M shares rose after the Dow component agreed to pay up to $12.5 billion to settle hundreds of lawsuits by citieswho said the company's "forever chemicals" contaminated their drinking water. The anchors reacted to comments by UFC President Dana White, who said Mark Zuckerberg and Elon Musk are "dead serious" about fighting in a cage match. Also in focus:the biggest market movers, why CarMax topped the list of S&P 500 gainers, the FTC vs. Microsoft-Activision trial day two, numbers on Amazon and the consumer. Squawk on the Street Disclaimer
6/23/202343 minutes, 36 seconds
Episode Artwork

Cramer's Morning Take: Tech Stocks 6/22/23

Jim Cramer and Jeff Marks discuss the market as they wait to make moves at these levels. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/22/20233 minutes, 58 seconds
Episode Artwork

Tesla Downgraded By Morgan Stanley, Musk-Zuckerberg Cage Match Challenge 6/22/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla and why Morgan Stanley analystAdam Jonas downgraded the stock to "Equal-weight" from "Overweight" -- but raised his price target to $250.The anchors also reacted to Mark Zuckerberg agreeing to challenge Elon Musk in a cage match.Also in focus: The biggest movers as markets look to avoid a four-day losing streak, day two of Fed Chair Powell's Capitol Hill testimony, a rate hike parade led by the Bank of England, the FTC vs. Microsoft-Activision: Both sides head to court. Squawk on the Street Disclaimer
6/22/202344 minutes
Episode Artwork

Cramer's Morning Take: Week of Weakness 6/21/23

Jim Cramer and Jeff Marks discuss what they call the week of weakness for the market amid a third straight day of declines. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/21/20233 minutes
Episode Artwork

Powell Heads to the Hill, FedEx Falls on Guidance, Cramer's Ride at Ford 6/21/23

Carl Quintanilla, Jim Cramer and David Faber discussed what to expect from Fed Chair Jerome Powell's testimony on the economy before the House Financial Services Committee. FedEx also in the spotlight after posting quarterly results and issuing guidance that weighed on the stock. The anchors engaged in conversation about Jim's visit to Ford -- including highlights from his "Mad Money" interview with CEO Jim Farley, plus Cramer's speedy ride in a Mustang on Ford's test track. Also in focus: Wall Street calls on Disney, CNBC's new "Magnificent 7" index tracking the mega cap tech rally, Softbank's Masayoshi Son on the future of AI. Squawk on the Street Disclaimer
6/21/202343 minutes, 32 seconds
Episode Artwork

Cramer's Morning Take: Market Rally Stalls 6/20/23

Jim Cramer and Jeff Marks discuss the action they are seeing in the market and why they are waiting to buy more stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/20/20234 minutes, 1 second
Episode Artwork

Cramer “On Track” at Ford, a Busy Market Week, Disney's Pixar Problem 6/20/23

Carl Quintanilla and Jim Cramer kicked off the show with Jim at Ford Motor, where he took a ride on the company's test track, focused on EVs and interviewed CEO Jim Farley for Tuesday's night's edition of "Mad Money." The anchors discussed the five-week rally and the road ahead for stocks -- as China cuts interest rates again and meets with the U.S., while Fed Chair Jerome Powell prepares for two days of Capitol Hill testimony on the economy beginning Wednesday. Cramer explains why he's concerned about the market in the short term. Also in focus: Disney's Pixar film "Elemental" disappoints in its box office debut, a spark for EV stocks, Alibaba's CEO to step down as part of a shakeup, May housing startssurge to a 13-month high. Squawk on the Street Disclaimer
6/20/202344 minutes, 20 seconds
Episode Artwork

Win Streak on Wall Street, Adobe Rides the AI Rally, Cava's Double Delight 6/16/23

Heading into the long holiday weekend, Jim Cramer and David Faber explored what to make of the stock markets' upward momentum. The S&P 500 and Nasdaq each in the midst of a six-day win streak and on track for their best week since March. Adobe among Friday's gainers after it posted a quarterly beat and raised guidance, highlighting cloud demand and a focus on AI. The anchors also discussed Cava's strong public debut: The Mediterranean fast-casual chain nearly doubling its IPO price at the close of trading on Thursday. How much of a boost could this give the IPO market? Also in focus: Disney's Christine McCarthy to step down as CFO, Humana warns, Fed Governor Christopher Waller weighs in on bank failures and monetary policy. Squawk on the Street Disclaimer
6/16/202344 minutes, 36 seconds
Episode Artwork

Reaction to the Fed's Pause and Rate Hike Signals, Cava CEO on IPO 6/15/23

Jim Cramer and David Faber explored the Fed's decision to stand pat on interest rates after ten consecutive hikes -- and signal that more tightening could be in the cards. Jim highlighted the connection between housing and inflation. What does it all mean for the markets? The anchors also discussed Cava going public and what's at stake for both the IPO market and the Mediterranean fast-casual restaurant chain. Cava CEO Brett Schulman joined Jim and David at Post 9 for a "First on CNBC" interview. Also in focus: Tesla snaps its record 13-day win streak, Lennar rises on earnings, an update on the FTC vs. Microsoft and Activision, an unexpected jump in May retail sales, Blackrock CEO Larry Fink's take on AI. Squawk on the Street Disclaimer
6/15/202344 minutes, 15 seconds
Episode Artwork

Fed Decision Day, Wholesale Inflation Shrinks, AI Chips: AMD Battles $1T Nvidia 6/14/23

Carl Quintanilla, Jim Cramer and David Faber discussed what Wednesday's Fed Decision on rates could mean for the markets. Should policymakers pause -- or implement an eleventh-consecutive interest rate hike? Ahead of that decision, the Producer Price Index fell in May on a month-to-month basis for the third time in four months. On the AI front: Tuesday was the first time Nvidia closed trading with a $1 trillion valuation, while AMD unveiled its new AI chips --  looking to challenge Nvidia's dominance. Also in focus: Health insurers in sell-off mode after UnitedHealth warns of higher medical costs, Tesla aims for a record 14-day win streak, A judge temporarily blocks the Microsoft-Activision deal, new developments surrounding the PGA Tour-LIV Golf merger. Squawk on the Street Disclaimer
6/14/202343 minutes, 42 seconds
Episode Artwork

Cramer's Morning Take: May CPI Report 6/13/23

Jim Cramer and Jeff Marks break down the U.S. Consumer Price Index report out this morning and how it may be impacting the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/13/20232 minutes, 39 seconds
Episode Artwork

Inflation Report Lifts Stocks, Oracle's Record High and AI, Apple Downgraded 6/13/23

With Wednesday's Fed interest rate decision on Wall Street's radar, Carl Quintanilla, Jim Cramer and David Faber led off the program with a breakdown of the May CPI report, which shows consumer inflation cooled to its lowest annual rate in two years. The news lifted the S&P 500 and Nasdaq to fresh 52-week highs. Jim explained why he believes people are making more money in this market than he has seen "in maybe...twelve years." The anchors also discussed Oracle shares hitting a new record high after the company reported a quarterly beat, helped by strong cloud growth and orders from AI customers. Also in focus: Apple downgraded by UBS to “Neutral” after posting a record closing high, Tesla aims for a 13-day win streak, plus a "Faber Report" on the FTC vs. the Microsoft-Activision merger deal. Squawk on the Street Disclaimer
6/13/202343 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: A New Bull Market 6/12/23

Jim Cramer and Jeff Marks discuss the market as we await CPI data Tuesday and the Federal Reserve meeting press conference Wednesday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/12/20233 minutes, 20 seconds
Episode Artwork

Important Week for the Markets, Cramer’s AI Message, Nasdaq's Biggest M&A Deal 6/12/23

With the Nasdaq Composite in the midst of a seven-week win streak, Jim Cramer and David Faber discussed a big week ahead for the markets including key inflation data, the Fed decision on interest rates and earnings from the likes of Oracle. Hear why Cramer said "What I don't like about this market is that once again -- AI. "David's "Faber Report" provided a breakdown of Nasdaq's biggest-ever M&A deal: The company agreed  to acquire financial software provider Adenza from private equity firm Thoma Bravo for $10.5 billion in cash and stock. Also in focus: JPMorgan Chase reaches a settlement with victims of late disgraced financier Jeffrey Epstein, Goldman Sachs and Morgan Stanley's bull market debate, what Mark Zuckerberg said about Elon Musk, Tesla aimsfor a twelve-session win streak.  Squawk on the Street Disclaimer
6/12/202344 minutes, 10 seconds
Episode Artwork

Cramer's Morning Take: Market Exuberance 6/9/23

Cramer’s take on the current market rally and the next move for investors. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/9/20233 minutes, 51 seconds
Episode Artwork

Return of the Bull Market, Tesla Aims for 11, Zuckerberg Zaps Apple 6/9/23

Carl Quintanilla, Jim Cramer and David Faber discussedwhat to make of the markets entering bull territory, with the S&P 500 up 20% from its October low. EV also in the spotlight: Shares of Tesla entering Friday’s trading with a ten-session win streak. The stock extended gains after General Motors agreed to use the company's charging network. Also in focus: AI and Meta CEO Mark Zuckerberg's dig at Apple's new "Vision Pro" mixed-reality headset, the Netflix rally, Target downgraded, the health of the consumer and the upcoming Cava IPO. Squawk on the Street Disclaimer
6/9/202342 minutes, 40 seconds
Episode Artwork

Cramer's Morning Take: Healthcare Stocks 6/8/23

Jim Cramer and Jeff Marks discuss why investors should be buying GE Healthcare. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/8/20233 minutes, 46 seconds
Episode Artwork

Wildfire Smoke Impact, Tech and AI After the Nasdaq Sell-off, Shakeup at GameStop 6/8/23

Carl Quintanilla, Jim Cramer and David Faber discussed the impact of the Canada wildfire smoke on tens of millions of Americans, as well as air travel and several industries. Coverage included a report from on the ground at Philadelphia International Airport. The anchors also discussed what's ahead for the markets and the AI trade one day after the Nasdaq’s worst trading session since April. Also in focus: GameStop tumbles after firing CEO Matt Furlong and naming Ryan Cohen executive chairman, Carvana surges, soccer superstar Lionel Messi to join MLS' Miami club.  Squawk on the Street Disclaimer
6/8/202343 minutes, 43 seconds
Episode Artwork

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 GaryGensler 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 consumerand transferring the company’s listing to the NYSE from the Nasdaq. Squawk on the Street Disclaimer
6/7/202343 minutes, 11 seconds
Episode Artwork

Cramer's Morning Take: Recession Odds 6/6/23

Jim Cramer and Jeff Marks discuss why we could be in a ‘goldilocks’ period for the economy and stock market while avoiding a recession. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/6/20233 minutes, 30 seconds
Episode Artwork

First on CNBC: SEC Chair Gensler on Suing Coinbase and Binance 6/6/23

Carl Quintanilla Jim Cramer and David Faber led off the show with big news involving the world of crypto: The SEC filed a lawsuit against Coinbase in New York federal court, accusing the company of operating as an unregistered securities exchange, broker, and clearing agency. The action comes one day after the regulator sued Binance. SEC Chair Gary Gensler joined the programlive and"First on CNBC" to discuss the lawsuits and regulating crypto. Also in focus: Saudi-backed LIV Golf to merge with the PGA Tour, Merck sues the federal government in an effort to halt Medicare drug  price negotiation, plus Wall Street reaction to the launch of Apple's new $3,500 mixed-reality headset. Squawk on the Street Disclaimer
6/6/202351 minutes
Episode Artwork

Cramer's Morning Take: AMD & Nvidia 6/5/23

Jim Cramer and Jeff Marks discuss the market moves today and whether they can continue the big rally from Friday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/5/20234 minutes, 9 seconds
Episode Artwork

Apple Hits Record High Ahead of WWDC, Market Momentum vs. Bears, Saudis to Cut Oil Output Again 6/5/23

Carl Quintanilla, Jim Cramer and David Faber focused on a big day for Apple: The stock hit a fresh record intraday high just hours ahead of the company's Worldwide Developers Conference. Apple is expected to unveil its new mixed-reality headset, which would set up a battle with Meta. The anchors also explored what's next for the markets after Friday's jobs report-fueled rally. Is an increase in bearish sentiment a sign of things to come? Cramer discussed how to play the retail sector as the consumer is "decelerating." Also in focus: Saudi Arabia's additional crude oil output cuts, the strategist who sees a $2 trillion market cap in Nvidia's future, Jerome Powell goes from Fed head to "Deadhead."  Squawk on the Street Disclaimer
6/5/202343 minutes, 12 seconds
Episode Artwork

Cramer's Morning Take: Jobs Report 6/2/23

Jim Cramer and Jeff Marks discuss the May Unemployment Report and the finalizing of the U.S. debt deal. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/2/20233 minutes, 25 seconds
Episode Artwork

Jobs Report Rally, the "Magnificent Seven" and AI, Amazon Wireless Entry? 6/2/23

Carl Quintanilla Jim Cramer and David Faber focused on the market rally sparked by a blowout May employment report: Non-farm payrolls rose by 339,000 and wage growth remained solid. The unemployment rate increased to 3.7%. The anchors also discussed a published report which says Amazon is in talks to provide low-cost mobile services to its Prime customers in the U.S. In reaction to that report, shares of Verizon, AT&T and T-Mobile took a hit -- but Dish Network rallied. Amazon is among Bank of America's "Magnificent Seven" tech stocks which have surged in the first five months of 2023. The firm said tech equity funds saw record weekly inflows, sparked by investor interest in AI. Also in focus: The Senate passes the debt ceiling bill, tech earnings winners, Lululemon surges, SentinelOne plummets. Squawk on the Street Disclaimer
6/2/202342 minutes, 15 seconds
Episode Artwork

Cramer's Morning Take: Megacaps Lifting the S&P 6/1/23

Jim Cramer and Jeff Marks share why they think the market has not been strong outside of a handful of megacap stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
6/1/20233 minutes, 46 seconds
Episode Artwork

Salesforce Slumps, Macy's and the Retail Rout, House Passes Debt Ceiling Bill 6/1/23

Carl Quintanilla Jim Cramer and David Faber led off the show with big tech and Salesforce: Shares of the Dow component fell despite a quarterly beat, raised guidance and a focus on AI.Worries about consumer demand in the spotlight: Macy's slashes its full-year guidance and Dollar Generalposts a quarterly miss along with a lowered outlook. Also in focus: Target enters June with a nine-session losing streak, the House passes the bipartisan debt ceiling bill,  two Fed officials make the case for skipping a rate hike this month, playing the cloud stocks, billionaire Bill Ackman urges Jamie Dimon to run for president. Squawk on the Street Disclaimer
6/1/202343 minutes, 43 seconds
Episode Artwork

April Job Openings Rise & Chicago PMI Misses 5/31/23

Jim Cramer and Jeff Marks discuss how new U.S. manufacturing and employment data are telling two different stories about the state of the economy. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/31/20233 minutes, 11 seconds
Episode Artwork

Final Trading Day of May: Nasdaq's AI Rally, Debt Ceiling Vote Watch, China's Bear Market 5/31/23

Carl Quintanilla Jim Cramer and David Faber had lots to discuss on the final trading day of May: A strong month for the Nasdaq fueled by AI. The debt ceiling deal heads for a full House vote after clearing a key procedural hurdle.Chinese stocks are back in bear market territory as economic reports disappoint the markets. JPMorgan ChaseCEO Jamie Dimon sends a message to Washington and Beijing during his visit to China. Also in focus: Shares of Advance Auto Parts plummet, a rough May for crude oil, earnings winners and losers, the upcoming Microsoft-Activision trial in the UK.  Squawk on the Street Disclaimer
5/31/202343 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Debt Ceiling Deal & China 5/30/23

Jim Cramer and Jeff Marks discuss the tentative U.S. debt ceiling deal and what it means for the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/30/20233 minutes, 15 seconds
Episode Artwork

Nvidia Joins the Trillion-Dollar Club, Markets and the Debt Ceiling Deal 5/30/23

Carl Quintanilla Jim Cramer and David Faber discussed the AI rally and a new milestone:Nvidia's market cap surpassed $1 trillion for the first time. How does the stock compare with the other "trillion-dollar club" members -- Apple, Microsoft, Alphabet and Amazon? The anchors also explored what investors should make of the tentative debt ceiling deal forged by President Biden and House Speaker McCarthy.Also in focus: Elon Musk visits China, plus media and the bidding war for the rights to televise NBA games. Squawk on the Street Disclaimer
5/30/202344 minutes
Episode Artwork

DC’s Race to Avoid Default, Surprise Auto Partnership, Mixed Retail Bag 5/26/23

Carl Quintanilla, Sara Eisen and Mike Santoli discussed the ongoing market volatility with the Dow closing below its 200-day moving average for the first time since late March. Investors continued to look to D.C. as the White House and congressional negotiators close in on a compromise agreement to raise the debt ceiling for two years. The anchors also discussed the surprise partnership between Ford and Tesla. Ford announced it will work with Tesla on charging initiatives, allowing current Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada. After the bells, the desk drilled down on retail movers with shares of RH and Ulta getting crushed post-results while shares of Gap rallied.Squawk on the Street Disclaimer
5/26/202343 minutes, 34 seconds
Episode Artwork

Cramer's Morning Take: Nvidia 5/25/23

Jim Cramer and Jeff Marks break down Nvidia after reporting explosive first-quarter earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/25/20233 minutes, 22 seconds
Episode Artwork

Nvidia’s Blowout Quarter, Fitch’s Warning, Exclusive: Toll Brothers CEO 5/25/23

Carl Quintanilla and Jim Cramer began the show by breaking down Nvidia’s stellar quarter getting a big boost from AI chip demand. The company easily topped earnings estimates and posted a shocking strong forward outlook, with CEO Jensen Huang saying the company was going to have a “giant record year.” The anchors also turned to the broader markets as Fitch put the United States’ AAA long-term foreign-currency issuer default rating on negative watch, pointing to brinksmanship over the debt ceiling. Shares of Toll Brothers rallied after RBC upgraded the stock to “outperform”; Toll Brothers CEO Doug Yearley joined the show exclusively to discuss housing prices and the company’s latest quarter.Squawk on the Street Disclaimer
5/25/202343 minutes, 40 seconds
Episode Artwork

Cramer's Morning Take: Debt Ceiling Drama & New COVID Wave 5/24/23

Jim Cramer and Jeff Marks discuss the latest on debt ceiling talks and the impact China’s recent Covid surge may have on the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/24/20233 minutes, 38 seconds
Episode Artwork

Stickier Inflation, Another Hat in the Ring, Retailers Rally 5/24/23

Carl Quintanilla, David Faber and Jim Cramer began the hour with the markets; The Nasdaq suffered its worst daily performance in about a month, and the Dow was on pace for its 4th straight negative session in a row. During CNBC’s CEO Council Summit, David Solomon told the panel that he believes inflation is going to be “stickier and more resilient.” The anchors also turned to Gov. Ron DeSantis, expected to formally launch his presidential bid later tonight in a discussion with Twitter CEO Elon Musk. After the bells the desk hit a slew of earnings, including retailers like Kohl’s and Abercrombie & Fitch, which both rallied sharply on their latest results.Squawk on the Street Disclaimer
5/24/202343 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: Debt Deal 5/23/23

Jim Cramer and Jeff Marks discuss the flat market as we approach the debt ceiling deadline. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/23/20233 minutes, 10 seconds
Episode Artwork

Live from CNBC’s CEO Council Summit, Apple & Broadcom Chip Deal, EY CEO Carmine Di Sibio 5/23/23

Carl Quintanilla, David Faber and Jim Cramer were live from CNBC’s inaugural CEO Council Summit in California where they spoke with leaders across business, finance, culture, sports and academia. During the hour, EY CEO Carmine Di Sibio joined the anchors on set to discuss companies’ AI strategy and why believes the job market is tougher now than it was six months ago. Later in the hour, CNBC’s tech correspondent Steve Kovach popped on for a market flash on Apple and Broadcom, announcing a multibillion-dollar deal for U.S.-made chips.  After the bells, the anchors turned to another busy day of retail earnings with Lowe’s, Dick’s Sporting Goods and BJ’s all out with results.Squawk on the Street Disclaimer  
5/23/202346 minutes, 12 seconds
Episode Artwork

DC’s Debt Drama, Ford’s EV Push, Chip Challenges 5/22/23

David Faber and Jim Cramer began the hour by breaking down the markets, with the S&P and Nasdaq coming off their best weeks since late March. Investors are also looking at Washington D.C. as President Biden and Speaker McCarthy gear up to resume debt ceiling talks. Over the weekend, Treasury Secretary Janet Yellen warned that early June is a “hard deadline” for the federal government to raise the debt ceiling. The anchors then shifted gears to Ford, holding an investor day and outlining an updated plan for growing earnings over the next several years. In particular, the company focused on its EV’s by announcing that it is targeting to produce 2 million EVs per year by 2026. For Cramer’s ‘Mad Dash’ he focused on Micron shares under pressure after China called the chipmaker a “major security risk.” Squawk on the Street Disclaimer
5/22/202344 minutes, 5 seconds
Episode Artwork

Cramer's Morning Take: Foot Locker 5/19/23

Jim Cramer and Jeff Marks discuss Foot Locker being in freefall after it reported earnings ahead of the bell.Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/19/20233 minutes, 20 seconds
Episode Artwork

James Gorman to Step Down, Disney Ups the Ante, Foot Locker Shares Drop 5/19/23

Carl Quintanilla, Jim Cramer and David Faber began the hour with breaking news: Morgan Stanley’s James Gorman said he plans to resign as CEO within the year, setting off a succession race at one of Wall Street’s top firms. Gorman also said he will take on the executive chairman role “for a period of time” after stepping down as CEO. The anchors also hit Disney, scrapping its plans for a new $1B Florida campus amid rising tensions with Governor DeSantis. Also in focus: Foot Locker shares dropped more than 20% at the market open following a big earnings miss. Slow sales at Foot Locker prompted the company to lower its guidance just two months after it was introduced.Squawk on the Street Disclaimer
5/19/202344 minutes, 6 seconds
Episode Artwork

Cramer's Morning Take: Proctor & Gamble, Palo Alto 5/18/23

Jim Cramer and Jeff Marks break down two holdings in the Charitable Trust that are under sell-side pressure. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/18/20233 minutes, 58 seconds
Episode Artwork

Squawk on the Street 5/18/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.  Squawk on the Street Disclaimer
5/18/202343 minutes, 22 seconds
Episode Artwork

David Faber's Exclusive Interview With Elon Musk 5/17/23

Carl Quintanilla Jim Cramer and David Faber discussed what Elon Musk told David in a wide-ranging CNBC exclusive interview -- including the future for both Tesla and Twitter. Hear what Musk said about AI, the impact of his tweets, U.S-China tensions over Taiwan, plus why he passionately views work from home as a moral issue. The anchors also reacted to comments by House Speaker Kevin McCarthy about the debt ceiling talks. He told CNBC that he doesn't believe the U.S. will default. Also in focus: Target and TJX earnings, sources told David that Amgen is confident it will prevail over the FTC's push to block the company's $28 billion takeover of Horizon Therapeutics.  Squawk on the Street Disclaimer
5/17/202343 minutes, 11 seconds
Episode Artwork

Squawk on the Street+ Tesla CEO Elon Musk 5/16/23

In a CNBC exclusive interview, David Faber sits down with Elon Musk immediately following Tesla’s annual meeting in Austin, Texas.
5/16/20231 hour, 16 minutes, 10 seconds
Episode Artwork

Cramer's Morning Take: Home Depot 5/16/23

Jim Cramer and Jeff Marks discuss how U.S. debt ceiling fears are affecting the market and how it could be resolved.  Jim also shares his thoughts on Home Depot which reported earnings today. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/16/20233 minutes, 6 seconds
Episode Artwork

Countdown to David Faber's Elon Musk Interview, Home Depot's Sales Miss and Lowered Guidance 5/16/23

Carl Quintanilla Jim Cramer and David Faber began the show with a wide-ranging discussion on what to expect from David's live interview with Elon Musk. The CNBC Special Presentation airs Tuesday night at 6pm Eastern. A double whammy on the retail front: Shares of Home Depot fell after the company cut full-year guidance posted its biggest quarterly revenue miss in about 20 years, while government data showed April retail sales rose by only half of what economists had been expecting. Also in focus: Debt ceiling talks scheduled to resume Tuesday in Washington, the FTC vs. the Amgen-Horizon Therapeutics deal, Capital One shares jump on the "Warren Buffett effect." Squawk on the Street Disclaimer
5/16/202341 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Dead Ceiling Deadline 5/15/23

Jim Cramer and Jeff Marks discuss the market as the United States debt ceiling deadline approaches. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/15/20233 minutes, 17 seconds
Episode Artwork

New Market Week, Musk Interview Announcement, Adobe CEO on AI, Merger Monday 5/15/23

Carl Quintanilla Jim Cramer and David Faber led off the show with what investors can expect from the markets this week, ahead of earnings releases from major retailers and the resumption of debt ceiling talks in Washington. David announced that he will have a live interview with Elon Musk Tuesday night on CNBC. Adobe CEO Shantanu Narayen joined the program to discuss his company's foray into AI. Also in focus: "Merger Monday" including the largest-ever M&A deal in the gold mining industry, Shake Shack faces a proxy battle, Sarepta soars, plus why legendary investor Paul Tudor Jones told CNBC the Fed “could probably declare victory now.” Squawk on the Street Disclaimer
5/15/202343 minutes, 41 seconds
Episode Artwork

Cramer's Morning Take: Debt Crisis 5/12/23

Jim Cramer and Jeff Marks discuss their United States debt ceiling concerns and what it could mean for the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/12/20233 minutes, 25 seconds
Episode Artwork

NBCU Ad Chief Departs, Is Expected to Succeed Musk as Twitter CEO 5/12/23

Carl Quintanilla Jim Cramer and David Faber discussed the future for both Twitter and Tesla, after Elon Musk tweeted that he has found a new Twitter CEO who "will be starting in 6 weeks!" Linda Yaccarino, NBCUniversal Chairman of Global Advertising and Partnerships, has resigned, the company said Friday. Sources told CNBC that she is in advanced talks to succeed Musk in the top job at Twitter. Musk tweeted that he would transition to the roles of executive chairman and chief technology officer. The news gave a lift to shares of Tesla. Also in focus: The delay in debt ceiling talks, Disney's rough week, reaction to an eye-opening note about the chances of AI wiping out "all of humanity by the end of the century," plus what Lyft's CEO told Jim about the company's new airport initiative.NBCUniversal is the parent of CNBC. Squawk on the Street Disclaimer
5/12/202343 minutes, 40 seconds
Episode Artwork

Cramer's Morning Take: Debt Ceiling Standoff 5/11/23

Jim Cramer and Jeff Marks share how you should prepare if the United States were to default on its debt. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/11/20233 minutes, 15 seconds
Episode Artwork

PacWest Tumbles on Deposit Losses, Disney "Streams" Lower, Inflation Watch 5/11/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with banking turmoil in focus: PacWest shares tumbled and dragged down other regional banks after the company disclosed it lost 9.5% in deposits during the week ended May 5. Shares of Disney also down sharply after the media giant said it experienced streaming subscriber losses for a second consecutive quarter. On the inflation front, the April Producer Price Index rose 2.3% year-on-year -- the smallest increase since January 2021. Also in focus: Alphabet shares jump on Google's AI showcase, Goodyear shares soar on activism news, the Hindenburg-Carl Icahn battle heats up. Squawk on the Street Disclaimer
5/11/202343 minutes, 55 seconds
Episode Artwork

Cramer’s Morning Take: Inflation Breakdown 5/10/23

Jim Cramer and Jeff Marks discuss April’s Consumer Price Index report and what it means for the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/10/20233 minutes, 6 seconds
Episode Artwork

2-Year Low Inflation, Debt Showdown, Airbnb Tumbles, Exclusive With Endeavor CEO Ari Emanuel 5/10/23

Carl Quintanilla Jim Cramer and David Faber led off the show with market reaction to the April CPI report, which shows consumer inflation at a two-year low on an annual basis. The anchors also discussed the debt ceiling impasse, after Tuesday's meeting between President Biden and congressional leaders failed to remove the threat of a potential default as early as June. On the earnings front, Airbnb shares tumbled as the company's guidance overshadowed a quarterly beat, while Rivian shares surged on a narrower-than- expected quarterly  loss. Endeavor CEO Ari Emanuel joined the program to discuss everything from earnings to the UFC-WWE merger. Squawk on the Street Disclaimer
5/10/202343 minutes, 58 seconds
Episode Artwork

Cramer's Morning Take: CPI Preview & Foot Locker 5/9/23

Jim Cramer and Jeff Marks discuss the Consumer Price Index ahead of its report Wednesday. Jim adds why he wants to buy Foot Locker. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/9/20233 minutes, 28 seconds
Episode Artwork

Debt Ceiling Talks and the Markets, Banking Turmoil and the Fed, Palantir's AI Surge 5/9/23

Jim Cramer and David Faber discussed what to make of the markets with the debt ceiling standoff in focus: President Biden and congressional leaders set for talks Tuesday afternoon. The anchors also focused on banking turmoil after the Fed warned of credit crunch risks. On the AI front: Shares of Palantir surged on the company's quarterly profit and upbeat guidance -- while Bernstein put out a note about Microsoft's AI “green shoots.’ Also in focus: Boeing receives a massive 737 MAX order from Ryanair, plus Alphabet as a Tuesday bright spot unlike names including PayPal, Skyworks and Lucid. Squawk on the Street Disclaimer
5/9/202343 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Warren Buffett & Apple 5/8/23

Jim Cramer and Jeff Marks discuss the Berkshire Hathaway annual shareholder meeting and what Warren Buffett had to say about Apple. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/8/20233 minutes, 17 seconds
Episode Artwork

New Market Week, Yellen's Debt Ceiling Warning, Buffett on Banking Crisis and Apple 5/8/23

Carl Quintanilla, Jim Cramer and David Faber explored what to expect from the markets this week, with key inflation data, the debt limit standoff and earnings in the mix. The anchors discussed Treasury Secretary Janet Yellen's warning of "economic chaos" and a constitutional crisis if Congress fails to lift the debt ceiling. Carl, Jim and David also reacted to comments Warren Buffett made Saturday at Berkshire Hathaway's annual shareholder meeting -- everything from the banking crisis to the strength of Apple. Also in focus: Stifel ups its S&P 500 price target to 4,400, PacWest extends its rebound after announcing a dividend cut, Catalent sinks, Cramer on Nelson Peltz and Estee Lauder.  Squawk on the Street Disclaimer
5/8/202343 minutes, 2 seconds
Episode Artwork

Cramer's Morning Take: Jobs Report 5/5/23

Jim Cramer and Jeff Marks break down the April jobs report and Cramer gives his take on a possible Fed rate hike. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/5/20233 minutes, 9 seconds
Episode Artwork

Markets Rally, Apple Beats, Jobs Jump and Regional Banks Rebound 5/5/23

Carl Quintanilla, Jim Cramer and David Faber explored what investors should make of Friday's market rally after four days of selling. Both Apple's earnings and the government's April jobs report beat expectations, easing concerns about the possibility of a recession. Regional banks were in rebound mode, recouping some of this week's steep losses that were sparked by renewed worries about the group. Also in focus: Warner Bros. Discovery's quarterly loss and streaming profit, Lyft tumbles, Icahn vs. Hindenburg, plus reaction to travel earnings fromExpedia and Booking Holdings. Squawk on the Street Disclaimer
5/5/202343 minutes, 23 seconds
Episode Artwork

Cramer's Morning Take: Trimming Stocks 5/4/23

Jim shares why he’s trimming stocks to raise cash. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/4/20233 minutes, 14 seconds
Episode Artwork

Regional Banks Tumble Again, Paramount Minus, CEO on Biggest U.S. IPO Since 2021 5/4/23

One day after the Fed's tenth consecutive rate hike, Carl Quintanilla, Jim Cramer and David Faber discussed another rough session for regional banks. Shares of First Horizon plunged after itsdeal to be acquired by TD Bank was scrapped. PacWest also tumbled -- the bank is mulling strategicoptions including a possible sale. Hear what Jim had to say about "excellent banks" that are getting crushed. Also in focus: What to expect from Apple's after-the-bell earnings, Paramount posts a Q1 miss and slashes its dividend,Qualcomm's weaker-than-expected guidance overshadows a quarterly beat, The CEO of J&J consumer health spin-off Kenvue visited Post 9 to discuss his company going public with the biggest U.S. IPO since November 2021. Squawk on the Street Disclaimer
5/4/202344 minutes, 1 second
Episode Artwork

Cramer's Morning Take: Fed Preview & Eli Lilly 5/3/23

Jim Cramer and Jeff Marks preview Wednesday’s Federal Reserve decision on interest rates. Also, Jim insists holding Eli Lilly despite its surge. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/3/20233 minutes, 37 seconds
Episode Artwork

Fed Decision Day, Regional Banks After the Sell-off, AMD and Yum Brands CEOs 5/3/23

Jim Cramer and David Faber explored what to expect from the Fed's much-anticipated decision on interest rates -- and where regional banks fit into the picture following the group's Tuesday sell-off. AMD CEO Lisa Su and Yum Brands CEO David Gibbs joined the program to discuss their companies' respective quarterly results and outlook. Also in focus: Lilly gets a boost from its Alzheimer’s drug trial, reaction to earnings from the likes of Ford and Starbucks, plus why shares of Estee Lauder took a 20% hit.  Squawk on the Street Disclaimer
5/3/202343 minutes, 35 seconds
Episode Artwork

Cramer's Morning Take: Fed Watch 5/2/23

Jim Cramer and Jeff Marks preview Wednesday’s Federal Reserve decision and several economic data releases this week. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/2/20232 minutes, 37 seconds
Episode Artwork

Fed Day 1, Debt Ceiling Watch, Uber Beats, Chegg Plunges on AI Warning, J.J. Watt Visits Post 9 5/2/23

Carl Quintanilla, Jim Cramer and David Faber discussed two issues of importance to Washington and Wall Street: The Fed kicking off its two-day policy meeting and Treasury Secretary Yellen warning the U.S. could run out of cash by June 1 if the debt ceiling is not lifted. The earnings parade also in focus, including Uber shares jumping on a quarterly beat. A different story on the AI front: Chegg shares plunged after the education technology company warned it sees students turning to ChatGPT for study help. Five-time NFL Pro Bowler J.J. Watt visited Post 9 to discuss coming off of the retirement sidelines to invest in a different kind of football.  Squawk on the Street Disclaimer
5/2/202343 minutes, 41 seconds
Episode Artwork

Cramer's Morning Take: JPMorgan Chase Buys First Republic 5/1/23

Jim Cramer and Jeff Marks discuss how JPMorgan Chase emerged as winner of the weekend auction for First Republic. They also look ahead to what the Federal Reserve may announce at the FOMC meeting this week. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
5/1/20234 minutes
Episode Artwork

Regulators Seize First Republic -- and JPMorgan Chase Takes It Over 5/1/23

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the second-biggest bank failure in U.S. history. First Republic Bank was seized by regulators and sold to JPMorgan Chase, after JPM agreed to assume all of the bank's deposits and significant assets. The anchors explored what it all means for the banking sector -- and reacted to conference call comments made by JPMorgan Chase CEO Jamie Dimon. Also in focus: What to expect from the markets in May, Morgan Stanley's Adam Jonas upgrades GM to "overweight," the chip stock that's among Monday's biggest gainers, plus David's interview with Apollo Global Management CEO Marc Rowan from the Milken Institute Global Conference.  Squawk on the Street Disclaimer
5/1/202343 minutes, 32 seconds
Episode Artwork

Cramer's Morning Take: Amazon 4/28/23

Jim Cramer and Jeff Marks break down Amazon's earnings and why it’s a buy on weakness. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/28/20233 minutes, 7 seconds
Episode Artwork

Tech Earnings Reaction: Amazon's Cloud-y Outlook, Intel Jumps, Snap and Pinterest Plunge 4/28/23

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding tech earnings: Amazon's warning of a slowdown in its cloud business overshadowed the company's Q1 beat, Intel shares jumped despite the chipmaker's worst-ever quarterly loss, while social media players Snap and Pinterest tumbled by double-digits on guidance that disappointed Wall Street. Also in focus: Big oil earnings beats from Exxon Mobil and Chevron, plus David’s report on a statement from First Republic about the beleaguered bank's strategic options. Squawk on the Street Disclaimer
4/28/202344 minutes, 1 second
Episode Artwork

Cramer's Morning Take: Meta Platforms 4/27/23

Jim Cramer and Jeff Marks break down Meta shares which gained more than 15%, reaching a new 52-week high, following their latest earnings report. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/27/20233 minutes, 26 seconds
Episode Artwork

Meta Surges, Earnings Barrage, Southwest and ServiceNow CEOs, GDP Growth Slows in Q1 4/27/23

On the busiest day of this earnings season, Carl Quintanilla, Jim Cramer and David Faber discussed the quarterly reports driving the markets higher, despite GDP data showing economic growth slowed sharply in Q1 to an annualized rate of 1.1%.The anchors delved into a wide-ranging discussion about Meta. The stock surged after Facebook's parent posted better-than expected quarterly results and issued upbeat revenue guidance for Q2. Carl, Jim and David also reacted to earnings call comments from Meta CEO Mark Zuckerberg. Caterpillar, Honeywell and Eli Lilly were among the other names in the earnings spotlight. Southwest Airlines CEO Bob Jordan and ServiceNow CEO Bill McDermott joined the program to discuss their companies' respective quarterly results. Squawk on the Street Disclaimer
4/27/202344 minutes, 40 seconds
Episode Artwork

UK Blocks Microsoft-Activision Deal, Boeing CEO Exclusive, New Lows for First Republic 4/26/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with big news on the tech front: UK regulators announced they are blocking Microsoft's planned acquisition of Activision. The anchors also weighed in on quarterly results from Microsoft and Alphabet. Boeing CEO David Calhoun joined the program to discuss his company's 737 MAX production guidance that lifted the stock, despite a wider-than-expected quarterly loss. First Republic shares tumbled again to fresh record lows. David outlined the newest developments surrounding the beleaguered regional bank. Carrier Global CEO David Gitlin visited Post 9 at the NYSE to discuss the air conditioner maker's new $13 billion acquisition. Squawk on the Street Disclaimer
4/26/202348 minutes, 39 seconds
Episode Artwork

Earnings Parade, First Republic Tumbles on Deposit Woes, Exclusive With Dow CEO 4/25/23

Carl Quintanilla, Jim Cramer and David Faber discussed what to make of a deluge of earnings reports -- including results from Dow components McDonald's, 3Mand Verizon. General Motors, General Electric and UPS also in the mix. Dow CEO Jim Fitterling joined the program exclusively to discuss his company's quarterly results. Shares of First Republic sank and weighed on regional banks after it reported a more than $100 billion plunge in deposits in Q1. Sources told David the next few days are crucial for First Republic. Also in focus: After-the-bell earnings due out from Microsoft and Alphabet. Squawk on the Street Disclaimer
4/25/202344 minutes, 52 seconds
Episode Artwork

Busiest Week of Earnings, Coca-Cola’s Q1 Beat, Bed Bath & Bankrupt 4/24/23

Carl Quintanilla, Jim Cramer and David Faber began the hour with a look at the big earnings week ahead with 178 S&P companies getting ready to report, including some mega-cap tech names. The anchors also hit Coca-Cola’s latest quarter, after the company reported a beat on the top and bottom lines; results received a boost from price hikes and higher demand. For Cramer’s “Mad Dash” he hit Bed Bath & Beyond after the company filed for bankruptcy protection following its failed turnaround efforts. Later in the hour, David Faber had a “Faber Report” on the UK CMA’s final decision on the Microsoft-Activision deal due Wednesday. He also warned our viewers on the “highly questionable” $10/share bid that Getty received from Trillium Capital.  Squawk on the Street Disclaimer
4/24/202343 minutes, 52 seconds
Episode Artwork

Cramer's Morning Take: Procter & Gamble 4/21/23

Jim Cramer and Jeff Marks discuss the earnings and revenue beat from Procter & Gamble. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/21/20233 minutes, 33 seconds
Episode Artwork

Bracing for Mega-Cap Tech Earnings, Meta Tops Tesla's Market Valuation 4/21/23

Carl Quintanilla, Jim Cramer and David Faber discussed the road ahead for mega-cap tech stocks, ahead of earnings due out next week from Alphabet, Microsoft, Meta and Amazon. Meta surpassed Tesla in terms of market valuation for the first time in 16 months. After Tesla's Thursday sell-off, the company raised U.S. prices on the heels of its sixth cut of the year. Also in focus, Procter & Gamble and CSX among the earnings winners, The "AT&T effect" on certain stocks, Cleveland Fed President Mester's inflation view and Cramer on "the most under-covered brilliant company on earth." Squawk on the Street Disclaimer
4/21/202343 minutes, 44 seconds
Episode Artwork

Cramer's Morning Take: Consumer Stocks 4/20/23

Jim Cramer and Jeff Marks discuss the sluggish start to trading and which consumer stocks are rallying. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/20/20233 minutes, 17 seconds
Episode Artwork

Tesla Tumbles, Earnings Weigh on Stocks, SpaceX "Starship" Explodes After Launch 4/20/23

Carl Quintanilla, Jim Cramer and David Faber focused on the earnings news that dampened market sentiment -- leading with shares of Tesla down sharply after the company posted a decline in Q1 profit, as price cuts weighed on margins.The anchors reacted to earnings call comments from Elon Musk, who said he would stress sales growth over higher margins. Speaking of Musk, SpaceX's giant "Starship" rocket launched for the first time and exploded before reaching orbit. Also in focus: American Express, AT&T and a number of regional banks among the earnings losers -- plus what's driving the rally in chip equipment and homebuilder stocks. Squawk on the Street Disclaimer
4/20/202349 minutes, 39 seconds
Episode Artwork

Cramer's Morning Take: Morgan Stanley 4/19/23

Jim Cramer and Jeff Marks discuss the sluggish start to the market open and interest rates slightly rising Wednesday. Jim also breaks down why Morgan Stanley is down despite a beat on earnings and revenue. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/19/20233 minutes, 35 seconds
Episode Artwork

Netflix and Morgan Stanley Earnings Reaction, Fox-Dominion $787.5M Settlement 4/19/23

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-raging discussion about Netflix and the streaming landscape -- from the company's mixed results to the delay of its broader password sharing crackdown. Morgan Stanley shares declined despite better-than-expected quarterly results. Are the moves lower in both Netflix and MS justified? Also in focus: Fox News agrees to pay Dominion Voting Systems $787.5 million to settle a defamation lawsuit, Disney and Meta layoffs in the spotlight, Tesla cuts prices again, Elon Musk on AI and social media, United Airlines jumps on guidance.  Squawk on the Street Disclaimer
4/19/202343 minutes, 38 seconds
Episode Artwork

Cramer's Morning Take: Johnson & Johnson 4/18/23

Jim Cramer and Jeff Marks discuss why Johnson and Johnson is dramatically undervalued in the portfolio. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/18/20233 minutes, 40 seconds
Episode Artwork

BofA and Goldman Sachs Earnings Reaction, Musk on AI, Nvidia's Double Upgrade 4/18/23

Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to earnings from two major banks: Bank of America reported a Q1 beat, while Goldman Sachs posted mixed results. The anchors reacted to comments Elon Musk made during a television interview about the risks surrounding AI, as well as his plans to create a rival to ChatGPT. Also in focus: HSBC double upgrades Nvidia to "buy" on AI pricing power, what to expect from Netflix's after-the-bell earnings, the DeSantis-Disney battle intensifies, Dominion's $1.6 billion defamation trial against Fox News gets underway.Squawk on the Street Disclaimer
4/18/202343 minutes, 45 seconds
Episode Artwork

Cramer's Morning Take: Earnings & Energy Stocks 4/17/23

Jim Cramer and Jeff Marks discuss recent big bank earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/17/20233 minutes, 14 seconds
Episode Artwork

Big Earnings Week, Alphabet Shares Get Bing-ed, Merck's $10.8B Deal 4/17/23

Carl Quintanilla, Jim Cramer and David Faber kicked off a new market week with what to expect from a busy earnings calendar, featuring Tesla, Netflix and various banks. Shares of Alphabet under pressure on a report stating Samsung may switch from Google to Microsoft's Bing for search. The anchors also reacted comments made by Google CEO Sundar Pichai about AI in a televised interview. Also in focus: Merck agrees to acquire Prometheus Biosciences for $10.8 billion in cash, Apple’s India expansion, Elon Musk's SpaceX scrubs its inaugural test launch of "Starship" -- the world’s most powerful rocket.Squawk on the Street Disclaimer
4/17/202344 minutes, 15 seconds
Episode Artwork

Cramer's Morning Take: Big Bank Earnings 4/14/23

Jim Cramer discusses his interview with BlackRock’s Larry Fink and breaks down Friday’s big bank earnings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/14/20232 minutes, 22 seconds
Episode Artwork

JPM a Big Bank Earnings Winner, Boeing Shares Slide, Weak Retail Sales 4/14/23

Carl Quintanilla, Jim Cramer and David Faber broke down the earnings from banks including JPMorgan Chase, Citi and Wells Fargo -- along with BlackRock and regional player PNC -- and how the recent banking turmoil fits into the picture. JPM shares topped both the S&P 500 and the Dow, but Boeing shares took a hit. The jet makerwarned it will likely reduce 737MAXproduction and deliveries,due to a parts issue involving supplier Spirit Aerosystems-- whose shares fell by double digits. Also in focus: March retail sales declined by 1% -- twice as weak as economists had been expecting, UnitedHealth's Q1 beat and raised guidance, plus what’s behind the slump in EV stocks. The cast and creators of Amazon's "The Marvelous Mrs. Maisel" joined Carl on the NYSE floor after ringing the opening bell. Squawk on the Street Disclaimer
4/14/202341 minutes, 34 seconds
Episode Artwork

Cramer's Morning Take: Inflations Cools & Amazon Stock 4/13/2023

Jim Cramer and Jeff Marks discuss what an economic slowdown means for the market after several economic data reports. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/13/20232 minutes, 46 seconds
Episode Artwork

Wholesale Inflation's Big Drop, Amazon CEO's Annual Letter to Shareholders 4/13/23

Carl Quintanilla, Jim Cramer and David Faber highlighted two big stories: The Producer Price Index for March shows wholesale inflation posted its biggest decline in three years – and Amazon CEO Andy Jassy released his annual letter to shareholders. The anchors reacted to the details of the letter and what Jassy told CNBC about Amazon's future and AI. Also in focus: Delta's quarterly miss and upbeat guidance, Warner Bros. Discovery takes streaming to the "Max", what's lifting Netflix shares, Apple reportedly triples India iPhone output, what to expect from Friday's major bank earnings reports. Squawk on the Street Disclaimer
4/13/202342 minutes, 43 seconds
Episode Artwork

Cramer's Morning Take: Housing, Rates, and Meta – 4/12/23

Cramer and Jeff Marks of the current housing market, how Fed policy is affecting mortgage rates, and the latest on Meta’s stock. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake   CNBC Investing Club Disclaimer
4/12/20233 minutes, 5 seconds
Episode Artwork

Inflation Cools in March, What Buffett Told CNBC, Emerson's $8.2B Deal 4/12/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to key inflation data: The March Consumer Price Index cooled from a year ago to levels not seen in nearly two years. The anchors also discussed Warren Buffett's comments from Tokyo in a wide-ranging CNBC interview, including his take that even though "we're not through with bank failures," there's no reason for depositors to panic. Also in focus: Emerson to buy National Instruments in an $8.2 billion cash deal, what's fueling McDonald's shares’ jump to fresh record highs, UConn men's basketball head coach Dan Hurley and Connecticut Governor Ned Lamont joined the anchors at Post 9 after ringing the NYSE opening bell, in celebration of the Huskies' 2023 championship. Squawk on the Street Disclaimer
4/12/202343 minutes, 5 seconds
Episode Artwork

Cramer's Morning Take: Will ExxonMobil Buy Pioneer? 4/11/23

Jim Cramer and Jeff Marks discuss a potential deal between ExxonMobil and Pioneer. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/11/20232 minutes, 1 second
Episode Artwork

Buffett Bets on Japan, Alibaba's AI Launch, Bitcoin Surpasses $30,000 4/11/23

Carl Quintanilla, Jim Cramer and David Faber discussed Warren Buffett's investment strategy. The billionaire investor said Berkshire Hathaway raised its stake in five Japanese holding companies by 7.4% each -- and is considering buying more. AI also in the spotlight: Alibaba rolls out a system to rival ChatGPT, AI faces new scrutiny in both the U.S. and China, plus anchor reaction to what former Google CEO Eric Schmidt told CNBC about AI. Also in focus: Markets brace for Wednesday's CPI data, bitcoin hits a ten-month high and surpasses $30,000, playing the chip sector, Cramer's list of underappreciated Dow stocks. Squawk on the Street Disclaimer
4/11/202342 minutes, 38 seconds
Episode Artwork

Cramer's Morning Take: March Jobs Report 4/10/23

Jim Cramer and Jeff Marks discuss the March employment report and how it is impacting the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/10/20232 minutes, 38 seconds
Episode Artwork

Key Market Week, More Tesla Price Cuts, Exxon-Pioneer Deal In the Works? 4/10/23

Carl Quintanilla and Jim Cramer discussed the events that could move the markets this week, from key inflation data to earnings from major U.S. banks. The anchors also reacted to Tesla cutting prices for the fifth time this year -- and the stock extending month-to-date losses. Also in focus: Exxon Mobil reportedly held early-stage talks with Pioneer Natural Resources about a possible acquisition of the shale driller, Micron shares surge on Samsung production cuts, Apple shares take a hit as new data show a slide in global PC shipments for Q1. Squawk on the Street Disclaimer
4/10/202343 minutes, 14 seconds
Episode Artwork

Cramer's Morning Take: Weak Job Data 4/6/23

Jim Cramer and Jeff Marks break down the latest batch of U.S. jobless claims and what it means for certain sectors of the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/6/20232 minutes, 45 seconds
Episode Artwork

Bracing for Jobs Friday, Costco Same-Store Sales Drop, Perlmutter Speaks Out on Disney 4/6/23

Capping a holiday-shortened trading week, Carl Quintanilla and Jim Cramer discussed what Friday's key March employment report could mean for the markets, with weekly jobless claims coming in well above the expected 200,000 level. As for the consumer: Costco posted its first monthly same-store sales decline in almost three years -- and shares of Levi Strauss down sharply despite a quarterly beat. The anchors reacted to Ike Perlmutter's comments to the Wall Street Journal: The former chair of Marvel Entertainment told the paper he wasn’t laid off by Disney – he was fired. Also in focus: Movers heading into the holiday weekend, plus what FedEx's CEO said to Jim about the economy more than six months after telling him he sees a recession ahead. Squawk on the Street Disclaimer
4/6/202342 minutes, 59 seconds
Episode Artwork

Cramer's Morning Take: Johnson & Johnson Settlement 4/5/23

Jim Cramer and Jeff Marks preview the March jobs report after the ADP private payrolls data came in below consensus. Jim also breaks down one of his favorite portfolio holdings. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/5/20232 minutes, 53 seconds
Episode Artwork

Market Streak Snaps, Walmart and FedEx Messages to Investors, J&J's $8.9B Settlement 4/5/23

Carl Quintanilla and Jim Cramer discussed what's ahead for the markets one day after the Dow and S&P 500 snapped-four day win streaks. The anchors reacted to weaker-than-expected ADP jobs data, as well as comments from Cleveland Fed President Loretta Mester, who said the rate target needs to go above 5%. Two well-known nameshosting investor events Wednesday: Walmart reaffirmed full-year guidance and outlined a 5-year strategy for profitability, while FedEx hiked its dividend and announced plans to consolidate its operating units into one organization. Also in focus:  Johnson& Johnson agrees to pay $8.9 billion to settle lawsuits that claim its talc products cause cancer, Apple's Tim Cook and Disney's Bob Iger to discuss China with U.S. lawmakers, why healthcare stocks are a bright spot, Cramer's three "trading camps." 
4/5/202343 minutes, 14 seconds
Episode Artwork

Cramer's Morning Take: Jobs & Energy Stocks 4/4/23

Jim Cramer and Jeff Marks share why they think bad news is good news for the market after job openings declined in February. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/4/20232 minutes, 16 seconds
Episode Artwork

The Market Rally's "Drive for Five" and Jamie Dimon's Letter to Shareholders 4/4/23

Carl Quintanilla and Jim Cramer discussed the recent market rally as the Dow and S&P 500 aim to extend their respective daily win streaks to five. The anchors reacted to stats from Apollo which show how the S&P's 2023 rally isn't broad-based, but driven by 20 stocks. Are the names in focus worth buying? Carl and Jim also offered their takes on the annual shareholder letter from JPMorgan Chase CEO Jamie Dimon – which covered everything from the banking crisis to the economy. Also in focus: Ford electric vehicle sales sizzle in Q1, Apple as a top teen pick, Google and staplers, upgrades and downgrades, Disney CEO Bob Iger slams Florida Gov. Ron DeSantis.
4/4/202343 minutes, 27 seconds
Episode Artwork

Cramer's Morning Take: New Wave of Tech 4/3/22

Jim Cramer and Jeff Marks discuss why April is historically a good month for stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
4/3/20233 minutes
Episode Artwork

Q2 Kickoff, Oil Surges on Surprise OPEC+ Cut, Ari Emanuel and Vince McMahon on Endeavor-WWE deal 4/3/23

On the first trading day of the second quarter, Carl Quintanilla and Jim Cramer explored the best ways for investors to profit in the period. The anchors also discussed the rally in crude prices and oil stocks, after OPEC and its allies announced a surprise output cut of more than one million barrels per day set to begin in May. Endeavor confirmed a deal to merge UFC with WWE, forming a $21 billion global live sports and entertainment company. Scott Wapner spoke exclusively with Endeavor CEO Ari Emanuel and WWE Executive Chairman Vince McMahon. Also in focus: Shares of Tesla down despite record quarterly deliveries, McDonald's is said to be planning layoffs this week, Alphabet and Google CEO Sundar Pichaion regulating AI. Squawk on the Street Disclaimer
4/3/202347 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: US Inflation Cools 3/31/23

Jim Cramer and Jeff Marks discuss new inflation data from China and the U.S. and what it means for the market. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/31/20232 minutes, 43 seconds
Episode Artwork

Tech Bulls Rule in Q1, Inflation Watch, Sen. Elizabeth Warren @ Post 9 3/31/23

On the final trading day of the first quarter,Carl Quintanilla and Jim Cramer discussed a hot first three months of the year for tech-- and which names are most likely to keep the rally going. The Nasdaq 100 headed into Friday's session up 18.5% quarter-to-date. PCE -- the Fed's preferred inflation gauge -- cooled in February on a year-over-year basis, while personal income and consumer spending each rose for the month.Senator Elizabeth Warren(D-Massachusetts)joined the anchors at Post 9 of the New York Stock Exchange to discuss banking turmoil, her push to toughen regulation and hold bank CEOs accountable, crypto and the indictment of former president Donald Trump. Squawk on the Street Disclaimer
3/31/202345 minutes, 4 seconds
Episode Artwork

Cramer's Morning Take: Franchise Value; Disney & Meta 3/30/23

Jim Cramer dives right into the portfolio saying there are multiple stocks in a great position to be bought or added to right now. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtakeCNBC Investing Club Disclaimer
3/30/20232 minutes, 56 seconds
Episode Artwork

Playing the Tech Rally, Disney vs. DeSantis, Should Apple Buy Disney? 3/30/23

Carl Quintanilla and Jim Cramer explored the Q1 tech rally, with the sector on track for its best quarter since Q2 2020. Jim outlines the tech names he believes you should buy now. The anchors reacted to an analyst note from Needham, which says "there is material upside" for Apple if it would acquire Disney. Separately, a board appointed by Florida Governor DeSantis claims Disney has stripped it of its power. Also in focus, layoff announcements from the likes of Disney, Roku and Electronic Arts, RH CEO Gary Friedman speaks out about inflation and Fed rate hikes, Walmart upgraded, Sen. Rand Paul (R-Kentucky) slams the push to ban TikTok, is Intel worth buying? Squawk on the Street Disclaimer
3/30/202343 minutes, 27 seconds
Episode Artwork

Cramer's Morning Take: Nasdaq Rally, AMD, Nvidia 3/29/23

Jim Cramer and Jeff Marks discuss why they see leeway for stocks in the portfolio to rally. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtakeCNBC Investing Club Disclaimer
3/29/20232 minutes, 9 seconds
Episode Artwork

Tech Leads Markets Higher, Micron Rises, Nvidia's AI Rally, Lululemon CEO Exclusive 3/29/23

Carl Quintanilla and Jim Cramer focused on the markets getting a lift from the tech sector, with the Nasdaq 100 up more than 20%from its October low. Micron shares moved higher despite the chipmaker's largest loss on record, while Nvidia extended its AI-fueled rally – shares up more than 80% percent in Q1, on track for their best quarter in more than two decades. Lululemon CEO Calvin McDonald joined the program exclusively to discuss holiday quarter results and full-year guidance that sent the stock soaring. Squawk on the Street Disclaimer
3/29/202343 minutes, 19 seconds
Episode Artwork

Alibaba's Six-Way Breakup, AI and the Metaverse, Lyft Rises on CEO Shakeup 3/28/23

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Alibaba. Shares rose sharply after the Chinese e-commerce giant announced plans to split into six independent units. The discussion included a flashback to the "Squawk on the Street" interview with Alibaba founder Jack Ma in 2014 on the company's IPOday. Also in focus: Disney ditches its metaverse unit, Goldman Sachs warns about labor market disruption when it comes to AI, lower bonus payouts at Meta, Lyft shares jump on news that the company named a new CEO, McCormick shares spike on earnings, a “Faber Report” on WWE. Squawk on the Street Disclaimer
3/28/202345 minutes, 37 seconds
Episode Artwork

Cramer's Morning Take: Regional Banks Rebound & Fed Reaction 3/27/23

Jim Cramer and Jeff Marks discuss their market outlook after First Citizens acquires a large portion of Silicon Valley Bank. Jim says the banking crisis is not over yet but has slowed significantly. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
3/27/20232 minutes, 47 seconds
Episode Artwork

First Citizens Buys Silicon Valley Bank Assets -- and Regional Bank Stocks Rally 3/27/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with First Citizens Bank shares surging after the company agreed to acquire the assets, deposits and loans of failed Silicon Valley Bank. News of the deal tempered concerns about banking turmoil and gave a boost to regional bank stocks. Which regionals are worth buying now? Also in focus: Salesforce avoids a proxy fight with activist investor Elliott Management, the "AI effect" on mega-cap tech stocks, Apple CEO Tim Cook visits China, Caterpillar gets slapped with an "Underperform" rating, "Overweight"-ing Tesla and an upgrade to "Buy" for Pinterest. Squawk on the Street Disclaimer
3/27/202343 minutes, 18 seconds
Episode Artwork

Cramer's Morning Take: Yellen and Powell 3/24/23

Jim Cramer and Jeff Marks dissect this week’s market action after Treasury Secretary Janet Yellen’s remarks and the Federal Reserve’s interest rate hike Wednesday. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
3/24/20232 minutes, 46 seconds
Episode Artwork

Deutsche Bank Shares Drop, Activision Optimism, Tech Safe Haven 3/24/23

David Faber and Jim Cramer began with the ongoing turmoil in the banking sector. Deutsche Bank was the latest name to add to the volatility, with shares dropping following a spike in credit default swaps Thursday night. The anchors also turned their attention to Secretary Janet Yellen who said the Treasury Department is ready to take “additional actions if warranted” to stabilize banks. In M&A news, shares of Activision Blizzard surged after the U.K.’s Competition and Markets Authority dropped some of its concerns about Microsoft’s takeover of the gaming company. After the opening bells, the anchors also talked the tech stock safe haven, with names like Alphabet, Meta and Nvidia up more than 15% in March alone.
3/24/202342 minutes, 56 seconds
Episode Artwork

Fed in Focus, TikTok CEO Grilled on the Hill, Hindenburg Shorts Block 3/23/23

David Faber, Sara Eisen and Mike Santoli began with the market action a day after the Federal Reserve announced its 9th straight interest rate hike of 25 basis points. In his press conference, Chair Powell said the recent failure of some regional banks could cause ripple effects that slow down the economy. The anchors also turned their attention to TikTok, as the company CEO Shou Zi Chew made his way to Capitol Hill to testify before Congress about his app’s security concerns. Also in the mix: The anchors hit the double-digit drop of in shares of Block, after Hindenburg Research announced that the payment company was its latest short position, alleging that Block allowed criminal activity to operate with lax controls and “highly” inflates Cash App’s transacting user base, a key metric of performance.
3/23/202342 minutes, 40 seconds
Episode Artwork

Cramer’s Morning Take: Fed Decision, Nike, First Republic 03/22/23

Cramer’s take on the big Fed decision plus his thoughts on Nike and First Republic. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/22/20232 minutes, 40 seconds
Episode Artwork

Fed Decision Day, Nike's Beat Not Enough, Nvidia CEO and Bill Gates On AI 3/22/23

Jim Cramer and David Faber discussed what to expect from Wednesday's Fed decision on interest rates: A hike aimed at battling inflation, or will policymakers stand pat in wake of recent banking turmoil? Nike shares fell as an earnings beat was overshadowed by a warning on margins due to excess inventory and markdowns. The anchors engaged in a wide-ranging discussion about the AI arms race -- from Nvidia CEO Jensen Huang on AI's "iPhone moment," to Bill Gates calling AI "revolutionary" technology. Also in focus: Regional bank PacWest opts against a capital raise and gets $1.4 billion from a financing facility, shares of GameStop soar and lift other "meme stocks" on its first quarterly profit in two years, UK regulators are considering an in-depth probe into the Broadcom-VMWare merger deal.
3/22/202343 minutes, 41 seconds
Episode Artwork

Cramer's Morning Take: Regional Banks, Tech, and Oil Rally 3/21/23

Cramer hits on Tuesday’s market action as some sectors pop. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
3/21/20232 minutes, 12 seconds
Episode Artwork

Yellen's Backstop Message, First Republic Shares Jump, Nvidia and the AI Arms Race 03/21/23

Jim Cramer and David Faber focused on the latest developments surrounding the turmoil in the banking sector: In prepared remarks for a speech to the American Bankers Association, Treasury Secretary Janet Yellen said that the government could backstop more deposits if necessary to stop potential contagion. First Republic led regional bank shares higher on news that JPMorgan Chase is advising the company on strategic alternatives including a capital raise. Also in focus: The Fed kicks off its two-day policy meeting, a preview of Nvidia CEO Jensen Huang's keynote speech on AI to the company's developer conference, what the CEO of TikTok said ahead of his Capitol Hill testimony on Thursday, Amazon layoffs, Moody's ups Tesla’s debt from junk status. 
3/21/202343 minutes, 25 seconds
Episode Artwork

Cramer's Morning Take: Market Stabilization, Tech Stocks, and Liquidity Issues 03/20/23

Jim Cramer and Jeff Marks discuss how investors are sifting through all the bank turmoil. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer 
3/20/20232 minutes, 41 seconds
Episode Artwork

Banking Turmoil: UBS Takes Over Credit Suisse, More "Junk" for First Republic 03/20/23

David Faber, Sara Eisen and Mike Santoli covered all of the bases surrounding the turmoil in the banking sector, ahead of Wednesday's Federal Reserve decision on interest rates. UBS agreed to acquire its beleaguered Swiss rival Credit Suisse for about $3.2 billion in stock. Central banks including the Fed and the European Central Bank teamed up to form a joint liquidity operation to ensure smooth funding for the global banking system. Shares of First Republic tumbled to a record low after S&P downgraded the bank deeper into junk status. Despite that news, the market week started with beaten-down regional banks posting gains. Among them: New York Community Bancorp (NYCB), which soared after its Flagstar subsidiary agreed to acquire a significant portion of failed Signature Bank.
3/20/202343 minutes, 53 seconds
Episode Artwork

Cramer's Morning Take: Regional Bank Fallout and Nasdaq Trading Trends 3/17/23

Jim Cramer and Jeff Marks break down what they are calling a ‘tricky’ market driven by regional bank volatility. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
3/17/20232 minutes, 1 second
Episode Artwork

Banking Turmoil: First Republic's $30B Rescue, SVB Bankruptcy, White House Reaction 3/17/23

David Faber, Sara Eisen and Mike Santoli focused on the turmoil engulfing the banking sector: Shares of First Republic and other regional banks extended their losses, despite news that the troubled lender is receiving $30 billion in deposits from eleven U.S. banks. The parent of Silicon Valley Bank filed for Chapter 11 bankruptcy protection. U.S. Deputy Treasury Secretary Wally Adeyemo joined the program with White House reaction to those developments-- and how itplans to quell fears about the stability and safety of the banking system. Also in focus: The worst week for Credit Suisse shares since the 2008financial crisis despite a lifeline from the Swiss National Bank, FedEx shares jump on earnings and guidance,tech as a safe haven with the FANG+ index on track for its best week in a year, UBS’ Art Cashin on banks and the markets.
3/17/202348 minutes, 27 seconds
Episode Artwork

Cramer’s Morning Take: Credit Suisse, First Republic, Recession Odds 3/16/23

Cramer’s take on regional bank uncertainty and  growing fears of a crisis in the U.S. and Europe. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/16/20232 minutes, 57 seconds
Episode Artwork

$54B Lifeline for Credit Suisse, ECB's Rate Hike, Regional Banks Extend Losses 3/16/23

Carl Quintanilla, Jim Cramer and David Faber focused on the turmoil surrounding the banking sector: Credit Suisse received a $54 billion lifeline from the Swiss National Bank, while First Republic and a number of U.S. regional bank stocks extended steep losses. The European Central Bank increased its key interest rate by 50 basis points and said the "euro area banking sector is resilient." Also in focus: Treasury Secretary Yellen's Capitol Hill testimony, Adobe beats and lifts guidance, Baidu falls on its AI demo, plus the latest on the U.S. threatening to ban TikTok.
3/16/202344 minutes, 45 seconds
Episode Artwork

Market Sell-off: Credit Suisse Woes Reignite Banking Worries 3/15/23

After Tuesday’s relief rally on Wall Street, Carl Quintanilla, Jim Cramer and David Faber reacted to Wednesday's market sell-off as fears about the banking sector resurfaced, just days after the collapse of both Silicon Valley Bank and Signature Bank. Shares of Credit Suisse tumbled by more than 25% to record lows after the bank's largest investor -- Saudi National Bank -- said it could not boost its stake in CS beyond 10% due to regulatory guidelines. European bank shares took a hit on the news, dragging the global markets down with them. What should your investment strategy be when comes to the banks, including the beaten-down regionals? Also in focus: A surprise decline in February wholesale inflation data, monthly retail sales fall, BlackRock CEO Larry Fink weighs in on banks and inflation in his annual letter to shareholders.
3/15/202354 minutes, 26 seconds
Episode Artwork

Cramer’s Morning Take: Credit Suisse and Wild Markets 03/15/23

Cramer’s take on Credit Suisse’s impact on the markets. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/15/20233 minutes, 2 seconds
Episode Artwork

Squawk on the Street+ Charles Schwab CEO on SVB fallout 3/14/23

CNBC’s Sara Eisen and Charles Schwab CEO Walter Bettinger discuss the impact of the collapse of Silicon Valley Bank on financials.
3/14/202317 minutes, 49 seconds
Episode Artwork

Cramer’s Morning Take: SVB Fallout & CPI 03/14/23

Cramer on the latest SVB news and today’s CPI number. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/14/20232 minutes, 6 seconds
Episode Artwork

Inflation Data and Regional Banks' Rebound Fuel Rally, Treasury on SVB Fallout, Meta to Cut 10,000 More Jobs. 03/14/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with key inflation data that helped to boost the markets: The February Consumer Price Index came in as expected at 6% year-over-year -- down from 6.4% in January. The results sparked investor hopes of a smaller rate hike by the Fed next week. As for the fallout from Silicon Valley Bank’s collapse: Regional bank stocks began to rebound after days of massive selling -- and a senior Treasury official told CNBC that the deposits of uninsured depositors in banks across the U.S. are safe. Also in focus: Meta's plan to cut an additional 10,000 jobs -- and what CEO Mark Zuckerberg told his employees about the layoffs.
3/14/202345 minutes, 25 seconds
Episode Artwork

Cramer’s Morning Take: SVB, Fed Policy, Volatility 3/13/23

Cramer on the collapse of SVB and its ripple effect on the markets. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/13/20232 minutes, 50 seconds
Episode Artwork

SVB Collapse Fallout: Regional Bank Stocks Plummet Despite Govt. Rescue Plan, Pres. Biden Says U.S. Banking System "Safe" 3/13/23

Carl Quintanilla, Jim Cramer and David Faber engaged in wide-ranging discussions about the fallout from the Silicon Valley Bank collapse -- including what's at stake for investorsand how it might affect Fed interest rate policy. Shares of regional banks including First Republic plummeted despite action taken by federal regulators to backstop all depositors in both SVB and crypto-focused Signature Bank, which was shut down by New York State regulators. In remarks from the White House, President Biden insisted the U.S. banking system is "safe."Also in focus: Pfizer"s $43 billion deal to acquire cancer drug maker Seagen.
3/13/202351 minutes, 5 seconds
Episode Artwork

Cramer’s Morning Take: Jobs, Jobs, Jobs 03/10/23

Cramer on this morning’s jobs report and what it means for treasuries and stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/10/20232 minutes, 8 seconds
Episode Artwork

Silicon Valley Bank Turmoil, Contagion Fears, Jobs Report Friday and the Fed 3/10/23

Carl Quintanilla, Jim Cramer and David Faber focused on the two big stories of the morning: The SVB Financial meltdown and the key February jobs report. Sources told David that efforts by the parent of Silicon Valley Bank to raise capital have failed and its attempts to sell itself are in doubt. Shares of the tech-focused lender extended Thursday's rout and dragged regional bank stocks down with them -- including First Republic Bank losing half of its value. Where is the money going after rotating out of the regionals? As for the February jobs report: Employers added a better-than-expected 311,000 non-farm jobs, the unemployment rate ticked up to 3.6%, labor force participation rose and wage growth came in tamer than expected month-over-month. What does it all mean for the Fed?
3/10/202345 minutes, 32 seconds
Episode Artwork

Cramer’s Morning Take: Green Markets and Silvergate Capital 03/09/23

Cramer on why the markets are green and his take on Silvergate Capital. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/9/20232 minutes, 8 seconds
Episode Artwork

Bracing for Friday's Jobs Report, Tesla's Rough Month, U.S. Chamber: Regulate AI 3/9/23

Carl Quintanilla and Jim Cramer explored the markets and the Fed's data dependency ahead of Friday's key February jobs report -- and outlined the risks that should be on your radar. The anchors also discussed Tesla shares posting double-digit losses so far this month -- plus a note from Morgan Stanley analyst Adam Jonas which says Tesla's Cybertruck may be more of a "side-show" to the company's story today. Also in focus: General Electric shares jump on guidance, The U.S. Chamber of Commerce calls for regulation of artificial intelligence, crypto bank Silvergate to shut down, Cramer on the names he says are not your father's cyclicals.
3/9/202343 minutes, 45 seconds
Episode Artwork

Cramer’s Morning Take: One Reason Not to Sell and a Close Eye on Friday 03/08/23

Cramer’s take on what Powell’s testimony on Capitol Hill means for your money. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/8/20232 minutes, 37 seconds
Episode Artwork

Day 2 for Powell on Capitol Hill: After the Sell-off 3/8/23

Carl Quintanilla, Jim Cramer and David Faber focused on market moves ahead of Federal Reserve Chair Jerome Powell's second day of Capitol Hill testimony on the economy -- this time before the House Financial Services Committee.Stocks sold off on Tuesday after Powell told the Senate Banking Committee that the Fed was prepared to ramp up interest rate hikes to tame inflation. Where should you put your money now? The anchors also reacted to a heated exchange between U.S. Senator Elizabeth Warren (D-Massachusetts) and the Fed Chair. Also in focus: The Jamie Dimon/Cramer flashback on 6% rates, Tesla gets hit with a Wall Street downgrade and an auto safety probe, Nvidia and the AI arms race, Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum shares, Jim gets "fishy."
3/8/202343 minutes, 39 seconds
Episode Artwork

Wall St. Braces for Powell, Cashin's Market Wisdom, Meta Layoffs Watch 3/7/23

Carl Quintanilla, David Faber and Mike Santoli focused on what's at stake for the markets ahead of Tuesday's big event: Federal Reserve Chair Jerome Powell beginning the first of two days of testimony on the economy before Capitol Hill lawmakers -- starting with the Senate Banking Committee. Wall Street veteran Art Cashin of UBS offered his perspective on the Fed and the markets. Meta's "year of efficiency" in the spotlight: The parent of Facebook reportedly plans to implementanother round of layoffs. Also in focus: The push on Capitol Hill for a U.S. ban of TikTok, shares of Dick's Sporting Goods jump on earnings, Eaton CEO Craig Arnold joined the anchors at Post 9 to discuss the economy, energy and electric vehicle charging as the company celebrated its 100th anniversary of listing at the NYSE.
3/7/202342 minutes, 53 seconds
Episode Artwork

Powell and a Big Market Week, China's Cautious Growth Target, Tesla Cuts Auto Prices ... Again. 3/6/23

Carl Quintanilla, David Faber and Mike Santoli discussed events which could move the market this week, including Fed Chair Jerome Powell's Capitol Hill testimony on the economy beginning Tuesday -- and Friday's key February jobs report. In the mix: A report from on the ground in Beijing after China announced a cautious 2023 growth target of around 5%. The anchors also reacted to Tesla's latest price cuts in the U.S. involving the Model S and Model X. Also in focus: Goldman Sachs initiates Apple at "Buy”, M&A news including Altria's deal to acquire e-cigarette maker NJOY after exiting its Juul stake, Morgan Stanley's note on a "$6 trillion AI internet opportunity."
3/6/202342 minutes, 16 seconds
Episode Artwork

Fedspeak Effect on Markets, Retail and Tech Earnings Reaction, Tesla Stock Popularity 3/3/23

David Faber, Scott Wapner and Mike Santoli discussed the impact Fedspeak on interest rates is having on the markets - with the 10-year note yield hovering around four percent and the S&P 500 poised to snap a three-week losing streak. Is the stock market appropriately priced? The anchors reacted to quarterly results from the likes of Costco, Nordstrom, Broadcom, Dell and HP Enterprise. Also in focus: Morgan Stanley's case for making Apple its top hardware pick, new data indicating why Tesla shares more popular than ever among individual investors, the CEO whose customers are urging him "to not miss out" on the AI arms race, plus Third Point's Dan Loeb takes a passive stake in AMD.
3/3/202342 minutes, 5 seconds
Episode Artwork

A Double Dose of Big Tech: Salesforce Soars, Musk's "Master Plan" Weighs on Tesla 3/2/23

Carl Quintanilla, David Faber and Mike Santoli engaged in wide-ranging discussions about two big names in tech: Shares of Salesforce surged on a quarterly beat, guidance above consensus and a $20 billion stock buyback program in wake of pressure from activist investors. On the flip side, Tesla shares downsharply one day after the automaker's investor day. Elon Musk's "Master Plan 3" presentation was short on details about cars and finances. Also in focus:Ford U.S. auto sales surged in February, quarterly results send shares of Best Buy and Macy's in opposite directions, big tech news on the AI race, plus an update on EU regulators and the Microsoft-Activision deal.
3/2/202342 minutes, 57 seconds
Episode Artwork

Cramer’s Morning Take: P&G and Eli Lilly 03/01/23

Cramer on a major P&G upgrade and Eli Lilly’s insulin price cut. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
3/1/20232 minutes, 5 seconds
Episode Artwork

Markets In March, Tesla Investor Day Countdown, Activist's Salesforce Board Nominations 3/1/23

On the first trading day of March, Carl Quintanilla, Jim Cramer and David Faber discussed rising rates and whether the bulls can rebound from a negative February for stocks. The anchors also took a closer look at Tesla and what to expect from Elon Musk Wednesday at the company's investor day. Breaking news from David: Sources tell him that activist investor Elliott Management has nominated a slate of directors to Salesforce's board. Also in focus: The AI race and ChatGPT, market reaction to earnings from retailers including Lowe's and Kohl's, Lilly to slash prices of its insulin drugs, plus new “Fedspeak” on interest rates from Minneapolis Fed President Neel Kashkari.
3/1/202344 minutes, 42 seconds
Episode Artwork

Cramer’s Morning Take: Oil and Meta 02/28/23

Cramer’s take on oil demand and what’s next for Meta. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer 
2/28/20232 minutes, 30 seconds
Episode Artwork

Final Trading Day of February, Target Beats, Meta Revs Up For AI Race 2/28/23

On the last trading day of February, Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for stocks,  with the major indices on track for their second negative month in three. Cramer highlighted "market distortions"  worthy of your attention. The anchors also discussed Target's quarterly beat, cautious guidance and CEO BrianCornell's comments to CNBC about "stubborn" inflation. On the AI front: BofA is out with its list of top AI picks --and Mark Zuckerberg announced Meta is forming a new product group focusing on generative AI.Goldman Sachs CEO David Solomon told CNBC that anyone who runs a business should prepare for a "bumpy 12 to 24 months."Also in focus: Earnings winners and losers including Zoom, Workday and Norwegian Cruise. 
2/28/202341 minutes, 45 seconds
Episode Artwork

Cramer’s Morning Take: Bears, Buybacks, and Buffett 02/27/23

Cramer on a potential buying opportunity for investors. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer 
2/27/20233 minutes, 10 seconds
Episode Artwork

Markets After Worst Week of '23, Buffett Slams Buyback Critics, Activism Wins: Union Pacific CEO Out 2/27/23

Carl Quintanilla and Jim Cramer explored markets trying to rebound from the worst week for stocks so far this year. Are investors right to bet on more volatility? The anchors reacted to notes from top strategists: Morgan Stanley's Mike Wilson on what's "critical" for the S&P 500 -- and Goldman Sachs' David Kostin on the stocks that are hedge fund and mutual fund "favorites." Carl and Jim discussed Warren Buffett's letter to Berkshire Hathaway shareholders,  including the what the "Oracle of Omaha" wrote about Berkshire's top holdings as well as critics of buybacks ("economic illiterate"). Also in focus: Union Pacific shares rally on news the railroad will replace its CEO in wake of hedge fund pressure, Pfizer reportedly in talks to acquire cancer drug maker Seagen, plus what to expect from a big week of retail earnings including results from Target and Lowe's.
2/27/202343 minutes, 1 second
Episode Artwork

Cramer’s Morning Take: Jamie Dimon, Inflation, and Wells Fargo’s performance 02/24/23

Cramer discusses his interview with Jamie Dimon and gives his take on Wells Fargo. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer
2/24/20232 minutes, 8 seconds
Episode Artwork

Inflation Data-Fueled Sell-off, Fed's Mester on Rates, Dimon Delivers a 6% Message 02/24/23

Carl Quintanilla and Jim Cramer focused on interest rate hike fears and Friday’s market sell-off, sparked by the release ofthe hotter-than-expected January PCE price index -- an inflation gauge preferred by the Fed. The anchors also discussed what investors should make of Cleveland Fed President Loretta Mester's comments to CNBC about higher rates, as well as Jim's interview with JPMorgan Chase CEO Jamie Dimon, who said he believes the Fed might hike rates beyond 6%. Carl and Jimalso explored Warner Bros. Discovery's Q4 revenue miss, softer ad sales, streaming losses and subscriber gains. Also in focus: The DOJ reportedly preparing an antitrust lawsuit to block the $20 billion Adobe-Figma Deal, Boeing halts Dreamliner deliveries, shares of Carvana and Live Nation slump, plus the market's bright spots.
2/24/202344 minutes, 2 seconds
Episode Artwork

Nvidia Surges and Forecasts AI Boom, Musk's California Engineering HQ, New Charges Against SBF 02/23/23

Carl Quintanilla, Jim Cramer and David Faber highlighted Nvidia shares leading the tech sector rally.The chipmaker posted better-than-expected quarterly results and issued upbeat guidance as it ramps up its artificial  intelligence strategy. What does it all mean for companies betting on AI? The anchors also reacted to Elon Musk's commentsabout Tesla's new engineering headquarters in California as he does business in both the "golden state" and Texas.Also in focus: Jim previews his interview with JPMorgan Chase CEO Jamie Dimon, Lucid tumbles, FTX founderSam Bankman-Fried gets hit with a superseding indictment, woes for pizza stocks,  and Dan Loeb's Third Point launches  a proxy battle vs. Bath and Body Works 
2/23/202343 minutes, 52 seconds
Episode Artwork

Cramer’s Morning Take: Interest Rates & Recession Resistance Stocks 02/22/23

Cramer gives his thoughts on the current high interest rate environment and the resurgence of recession resistance stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer
2/22/20231 minute, 59 seconds
Episode Artwork

Morning After the Worst Day for Stocks in '23, Fed's Bullard Speaks, Intel Slashes Dividend 02/22/23

Carl Quintanilla, Jim Cramer and David Faber engaged in wide-ranging discussions about what's next for the markets after Tuesday's sell-off, which resulted in the worst day for stocks so far this year. Cramer outlined six things that musthappen before he can declare an end to the sell-off. The anchors also reacted to pre-market comments that St. Louis Federal Reserve President James Bullard made to CNBC about rate hikes, inflation and the markets overpricing the chances of a recession.Also in focus: Intel slashes its quarterly dividend by 66%, Baidu doubles profits and ramps up its AI bot strategy, Regulators in Beijing reportedly told Chinese tech giants not to offer ChatGPT services, Palo Alto Networks surges on earnings, plus what to expect from Nvidia's quarterly results after the close of Wednesday's trading.
2/22/202343 minutes, 36 seconds
Episode Artwork

Cramer’s Morning Take: What’s Behind Market Weakness and a New Frightening Number 02/21/23

Jim Cramer discusses a major reason for the current market weakness and a recent number that is causing concern. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtakeCNBC Investing Club Disclaimer
2/21/20232 minutes, 16 seconds
Episode Artwork

Markets Fall on Walmart and Home Depot Guidance, Rate Hike Fears 02/21/23

Carl Quintanilla, Jim Cramer and David Faber kicked off the holiday-shortened week with a rough start for shares of Walmart and Home Depot, each falling on guidance that disappointed Wall Street and overshadowedsome of their quarterly results. Worries about the path of Fed rate hikes also weighing on the markets. The anchorsreacted to comments from Morgan Stanley Chief U.S. Equity Strategist Mike Wilson, who told CNBC weare in the midst of an earnings recession. Also in focus: Winners and losers, President Biden in Polandone day after his surprise visit to Ukraine, Norfolk Southern facing criticism over the Ohiotrain derailment, a "Faber Report" on what's driving Credit Suisse shares lower.
2/21/202344 minutes, 30 seconds
Episode Artwork

Markets and Rate Hike Fears, Deere Doubles Profits, DoorDash Delivers 2/17/23

Carl Quintanilla, David Faber and Mike Santoli discussed market jitters as rising yields, hawkish Fedspeak and Thursday's hotter-than-expected wholesale inflation data spark worries about future interest rate increases. The anchors reacted to Goldman Sachs and Bank of America each expecting three additional hikes from the Fed before the end of 2023. On the earnings front: Deere doubled quarterly profits and raised guidance, while DoorDash beat on the top line -- helped by a jump in deliveries -- and issued sales guidance mostly above Wall Street forecasts. Also in focus: What record high credit card user debt and rising delinquencies could mean for companies including American Express, Visa and Mastercard.
2/17/202343 minutes, 34 seconds
Episode Artwork

Manifest Space #30: Reaching New Heights with World View CEO Ryan Hartman 2/17/23

As unidentified objects flying over the United States continue to capture the nation’s attention, Morgan dives into the technology behind the stratospheric data-gathering devices with World View CEO Ryan Hartman. Known for their high-altitude balloons, Hartman and Morgan discuss the company’s capabilities, their potential use in the defense sector and the company’s plans to go public later this year.
2/17/202321 minutes, 29 seconds
Episode Artwork

PPI and Fedspeak Slam Stocks, Exclusive With Cisco CEO, Bitcoin Rally vs. Munger 2/16/23

Carl Quintanilla, David Faber and Mike Santoli focused on the inflation/Fedspeak double whammy for stocks: The January Producer Price Index came in hotter than expected, followed by Cleveland Fed President Loretta Mester saying she saw a "compelling case"  for a 50 basis point rate hike earlier this month. Cisco CEO Chuck Robbins joined the program to discuss the company's better-than-expected quarterly results, raised guidance and his take on artificial intelligence. The anchors discussed the streaming landscape: Paramount Global down sharply after posting a quarterly miss, while Roku shares surged on growth in new users. Also in focus: Bitcoin hits a six-month high, Berkshire Hathaway Vice Chairman Charlie Munger on the "horror" of crypto, Shopify tumbles and Twilio soars.
2/16/202342 minutes, 48 seconds
Episode Artwork

Tesla's “Supercharged” Rally, Musk on Finding a New Twitter CEO, Airbnb Surges 2/15/23

Carl Quintanilla, David Faber and Mike Santoli led off the show with Tesla extending its 2023rally -- the stock up more than 70% year-to-date. They reacted to news involving Elon Musk: The White House said he agreed to open thousands of Tesla charging stations to rival electric vehicles by the end of 2024 -- and Musk said that he hopes to hire someone to succeed him as TwitterCEO by the end of 2023. Former Fed Vice Chair Alan Blinder joined the program to discuss President Biden choosing Fed Vice Chair Lael Brainard to head his National Economic Council -- and how her departure from the Fed could affect the central's bank's monetary policy aimed at battling inflation. Also in focus: Earnings winners and losers including Airbnb, whose shares surged on upbeat guidance, cost cuts and the company's first-ever annual profit.
2/15/202342 minutes, 54 seconds
Episode Artwork

"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23

With inflation in the spotlight, Carl Quintanilla, David Faber and Mike Santoli explored what to make of the January Consumer Price Index cooling year-over-year for a seventh consecutive month, the six-month Treasury bill spiking above 5% and what it all means for the markets and the Fed. The anchors reacted to Goldman Sachs CEO David Solomon's comments to a Credit Suisse forum: He described inflation as"sticky." Marriott International CEO Tony Capuano joined the program to discuss the hotel giant's quarterly results and outlookas it sees strong travel demand. Also in focus: Ford cuts 3,800 jobs in Europe as it pivots to electric vehicle production, Tesla changes prices on certain U.S. models and Palantir posts its first-ever quarterly profit.
2/14/202343 minutes, 15 seconds
Episode Artwork

Microsoft Back At $2T, Apple's 2023 Rally, Super Bowl Aftermath 2/13/23

Carl Quintanilla, David Faber and Mike Santoli explored the moves in tech: Microsoft returning to a $2 trillion valuation in the midst of its artificial intelligence battle with Google parent Alphabet, while Apple shares have jumped by more than 16% so far this year. The anchors focused on the markets and inflation ahead of Tuesday's CPI data. They also discussed all things Super Bowl, from the Chiefs' victory and Rihanna's Apple-sponsored halftime show -- to the commercials and a big night for sports betting.
2/13/202343 minutes, 16 seconds
Episode Artwork

Iger-Peltz Aftershocks, Lyft Plummets, Google's Rough Week 2/10/23

Carl Quintanilla, Jim Cramer and David Faber explored what's next for Disney after Thursday's blockbuster show featuring Disney CEO Bob Iger and billionaire activist investor Nelson Peltz. The anchors also reacted to shares of Lyft plunging on the company's quarterly miss and weak guidance in wake of a pricing war with Uber. Also in focus: A rough week for shares of Google parent Alphabet as it battles Microsoft over artificial intelligence, PayPal's CEO announced he intends to retire at the end of 2023, crude oil riseson Russia's plans to cut output, Spotify jumps on activist's stake, plus a special guest ahead of Super Bowl Sunday.
2/10/202343 minutes, 42 seconds
Episode Artwork

Exclusive With Disney CEO Bob Iger, Nelson Peltz Says "The Proxy Fight Is Over" 2/9/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Disney shares up sharply after the company announced a restructuring, including plans to cut about 7,000 jobs and $5.5 billion in costs. In an exclusive, David interviewed Disney CEO Bob Iger. They discussed Iger's transformation strategy and his return to the company as CEO, streaming subscriber losses and the proxy battle with activist investor Nelson Peltz. Following the Iger interview, Peltz called into the program and said "the proxy fight is over." 
2/9/202355 minutes
Episode Artwork

UK vs. Microsoft-Activision, Google's AI Pain, Exclusive With Yum! Brands CEO 2/8/23

Carl Quintanilla and Jim Cramer led off the show with news from across the Atlantic: A UK antitrust watchdog said Microsoft's takeover of Activision would stifle competition and harm gamers. David Faber joined via phone with his perspective on the findings. Alphabet shares down sharply after Google's artificial intelligence event in Paris failed to ease concerns about competition from Microsoft's new AI-powered Bing search engine. Yum! Brands CEO David Gibbs joined the program exclusively to discuss inflation and better-than-expected quarterly results for the parent of Taco Bell, KFC and Pizza Hut. Also in focus: A surprise quarterly profit for Uber, Chipotle's earnings miss, CVS beats and confirms a $10.6 billion deal.
2/8/202343 minutes, 26 seconds
Episode Artwork

Manifest Space #29: Chinese Balloons & Spying from Space with York Space Systems Executive Chairman Charles Beames 2/8/23

As the Chinese balloon spectacle wages on, Morgan Brennan speaks with York Space Systems and SpiderOak chairman Charles Beames. As a former Pentagon senior executive, they dive into the surveillance implications of the balloon, the defense sector’s growing investment in space, where satellites fit into the broader picture…and the legacy of Microsoft co-founder Paul Allen.
2/8/202334 minutes, 49 seconds
Episode Artwork

Watching Powell, State of the Tax Union, Chatbot Wars: Microsoft vs. Google 2/7/23

Carl Quintanilla and Jim Cramer discussed the markets anticipating Fed Chair Jerome Powell's remarks in Washington on Tuesday, as some Fed presidents are calling for much higher rates following Friday's blowout jobs report. Hear what Cramer is calling the "saving grace" of this economy.The anchors also looked ahead to Tuesday night's "State of the Union" address, with President Biden expected to call for a quadrupling of the new stock buyback tax. Also in focus: Microsoft and Google ramp up their battle over artificial intelligence and ChatGPT, DuPont beats, BP's buyback and record profits, travel stocks rally and Activision's CEO defends the company’s merger deal with Microsoft.
2/7/202343 minutes, 42 seconds
Episode Artwork

New Market Week, Dell Layoffs and Tesla's 2023 Rally Rolls On 2/6/23

Carl Quintanilla, Jim Cramer and David Faber led off the by discussing what's ahead for the markets, with the Nasdaq in the midst of a five-week win streak. The anchors reacted to a pair of Wall Street notes: Goldman Sachs raised its three-month S&P 500 price target on hopes of a soft landing, while Bank of America said recent earnings revisions are "better than feared." More tech layoffs: Dell announced plans to cut more than 6,600 jobs or 5% of its workforce. Also in focus: Tesla extended its big year-to-date rally after hiking prices of its Model Y SUVs, a legal victory for Elon Musk, plus M&A news sparking some of the day's biggest movers. 
2/6/202343 minutes, 7 seconds
Episode Artwork

Jobs Report Surprise, Plus Reaction to Apple, Amazon and Alphabet Earnings 2/3/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with news that surprised Wall Street: The January employment report shows the economy added 517,000 non-farm jobs, blowing well past economists' forecasts. The unemployment rate fell to 3.4%. What does it all mean for the markets and the Fed? The anchors engaged in a wide-ranging discussion about market reaction to quarterly results from Apple, Amazon and Google parent Alphabet. Should you buy into mega-tech? Also in focus: What Ford CEO Jim Farley told CNBC about his company's earnings miss, Nordstrom soars on a report that activist investor Ryan Cohen has taken a stake in the company, plus highlights from Jim's "Back to School Tour."
2/3/202345 minutes, 16 seconds
Episode Artwork

Meta Soars, Bracing for More FAANG Earnings, Post-Fed Momentum 2/2/23

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Meta driving the big tech rally. Shares of Facebook's parent soared on a quarterly revenue beat, upbeat guidance, a $40 billion share buyback program and reducing capex estimates. The anchors reacted to Meta CEO Mark Zuckerberg stressing "efficiency" numerous times on the earnings call while making few mentions about the metaverse. Carl, Jim and David also set the stage for Thursday's after-the-bell earnings from FAANG components Apple, Amazon and Alphabet. Also in focus: Broader markets extend gains made following Wednesday's smaller Fed rate hike, earnings blues for the Dow, Ford U.S. auto sales rise in January, plus Jim on what to expect from his "Back to School" tour.
2/2/202343 minutes, 6 seconds
Episode Artwork

Squawk on the Street 2/1/23

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
2/1/202342 minutes, 33 seconds
Episode Artwork

Manifest Space #28: The World’s Biggest Airplane with Stratolaunch CEO Zachary Krevor and Ursa Major CEO Joe Laurienti 1/31/23

The company behind one of the world’s largest airplanes is entering the hypersonic space. Morgan speaks with Stratolaunch CEO Zachary Krevor and Joe Laurient, CEO of company’s engine-supplier Ursa Major about their partnership, hypersonic testing and more at the Reagan Defense Forum.
1/31/20239 minutes, 55 seconds
Episode Artwork

Earnings Barrage, Exxon CEO Fires Back At the White House, Day One for the Fed 1/31/23

On the final trading day of January, Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's earnings releases from the likes of Caterpillar, McDonald's, Pfizer, Exxon Mobil, General Motors and UPS. The anchors also reacted to Exxon Mobil CEO Darren Woods blasting the Biden Administration's criticism of big oil companies' stock buybacks. He told CNBC, "The White House needs to get its facts straight." Also in focus: The Fed kicks off its two-day policy meeting, activists pressure Salesforce as Marc Benioff once again becomes sole CEO, plus Nike sues Lululemon.
1/31/202342 minutes, 56 seconds
Episode Artwork

Big Week for Earnings and the Fed, Tesla's January Surge, "Fly, Eagles, Fly" 1/30/23

Carl Quintanilla, Jim Cramer and David Faber focused on a big week for the markets, as Wall Street gears up for everything from key policy decisions by the Fed and other central banks -- to a slew of earnings including results from tech giants Apple, Amazon, Alphabet and Meta. The anchors also discussed what to make of the early 2023 tech rally -- the Nasdaq up 11% and Tesla surging 45% year-to-date heading into Monday's trading session. Also in focus: Salesforce and the activists, EV price cuts at Ford, takeover speculation involving Lucid, and Jim celebrates the Philadelphia Eagles advancing to the NFL's championship game.
1/30/202342 minutes, 41 seconds
Episode Artwork

Intel "Stumbles", Inflation Eases, AmEx Rallies and Chevron Posts Record Profit 1/27/23

Carl Quintanilla and Jim Cramer focused on shares of Intel tumbling after the chipmaker posted fourth-quarter results that missed expectations -- and warned of a loss in Q1. The anchors reacted to CEO Pat Gelsinger's earnings call comment: "We realize that we stumbled." The Fed's preferred inflation measure -- Core PCE -- eased in December year-over-year, while consumer spending fell and personal income rose last month. With the consumer in mind, Carl and Jim discussed shares of American Express rallying on its quarterly results. Also in focus: Chevron posts a record annual profit one day after announcing a $75 billion share buyback, Salesforce appoints new board members amid activist pressure, Hasbro job cuts, plus – a “puzzling” development.
1/27/202342 minutes, 31 seconds
Episode Artwork

Tesla Rallies, Q4 GDP at 2.9%, Southwest CEO on Q4 Loss and Holiday Travel Turmoil. 1/26/23

On a day full of earnings news, Carl Quintanilla and Jim Cramer led off the show with Tesla: Shares up sharply on record quarterly results and CEO Elon Musk's optimism about demand. Is the worst over for the stock? A CEO doubleheader: Southwest Airlines' Bob Jordan on everything from the carrier's fourth-quarter loss to its operational disruptions that resulted in a holiday travel meltdown -- and ServiceNow’s Bill McDermott on his company's earnings and the cloud. Also in focus: Economic growth slows to an annual rate of 2.9% in Q4 but slightly beats estimates, earnings winners and losers, Chevron's $75 billion share buyback program, IBM cutting 3,900 jobs, plus Cramer's message on investing in chip stocks.
1/26/202342 minutes, 57 seconds
Episode Artwork

Manifest Space #27: Coming to America with Rocket Lab CEO 1/26/23

Rocket Lab has made it to U.S. soil, successfully launching three Hawkeye 360 satellites from NASA’s Wallops Island. A first-of-its-kind mission for the startup, Morgan speaks with Rocket Lab CEO about the launch business, the latest in the space stock downturn and, of course, Venus.
1/26/202324 minutes, 43 seconds
Episode Artwork

Microsoft Slides on Cloud-y Outlook, Boeing CEO on Q4 Miss, DOJ Sues Google...Again 1/25/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Microsoft falling on news of the company's weaker-than-expected cloud business forecast. What's at stake for big players in the cloud including Amazon? Boeing CEO Dave Calhoun joined the program to discuss his company's Q4 results that missed Wall Street estimates. The anchors also reacted to the Justice Department and attorneys general in eight states suing Google on antitrust grounds, accusing the Alphabet unit of "monopolizing digital advertising technologies." Also in focus: AT&T shares jump on stronger-than-expected Q4 wireless subscriber growth, plus Cramer explains why enterprise software is "the new natural gas."
1/25/202343 minutes, 26 seconds
Episode Artwork

Industrials Report, NYSE Trading Issues, Raytheon CEO Greg Hayes 1/24/23

Carl Quintanilla, Jim Cramer and David Faber began the show by discussing the quarterly results for industrial giants 3M and GE. 3M shares were under pressure in early trading after missing on earnings; separately, the company announced that it will cut 2,500 jobs. Other names out with reports included Johnson & Johnson, Lockheed Martin, and Union Pacific. After the opening bell, several stocks were halted on the New York Stock Exchange due to an apparent technical issue. Major names impacted included Verizon, Wells Fargo and McDonald’s. To close out the hour, Morgan Brennan joined the desk to participate in an exclusive interview with Raytheon Technologies Chairman & CEO, Greg Hayes.
1/24/202349 minutes, 34 seconds
Episode Artwork

Activist Attention, More Tech Layoffs, Semis Surge 1/23/23

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the markets, with the Dow and S&P aiming to bounce back from their first weekly losses of 2023. Salesforce was one of the key names to watch in early trading, as the stock received a boost on news that Elliott Management has a multi-billion dollar stake in the company. Staying with the tech sector, the anchors then shifted their attention to Spotify, the latest company to announce layoffs, cutting 6% of its global workforce. CEO Daniel Ek said he was “too ambitious in investing ahead of our revenue growth.” Also in the mix: Cramer broke down Barclays’ bullish call on the chip sector, which gave names like QCOM and AMD a lift.
1/23/202343 minutes, 24 seconds
Episode Artwork

Netflix Subs Beat Forecasts and Hastings Steps Down As Co-CEO, Alphabet to Cut 12,000 Jobs. 1/20/23

Carl Quintanilla, Jim Cramer and David Faber led off the show with Netflix shares up sharply in reaction to larger-than-expected quarterly subscriber growth. The company also announced that founder Reed Hastings stepped down as Co-CEO and would stay on as executive chairman. COO Greg Peters succeeded Hastings as Co-CEO and is serving in that role alongside Ted Sarandos. What does it all mean for Netflix stock? The anchors also reacted to Alphabet becoming the latest tech giant to announce layoffs. The parent of Google said it plans to cut about 12,000 jobs or 6% of its workforce. Also in focus: Wayfair laying off about 10% of its workforce amid slumping sales, The FDA rejects accelerated approval of Lilly's Alzheimer's drug, plus what to expect from next week's earnings barrage -- including results from Microsoft, Tesla and Boeing.
1/20/202343 minutes, 28 seconds
Episode Artwork

Markets Extend Losses, Dimon and Gorman in Davos, Low Tide for P&G, Bracing for Netflix Earnings 1/19/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending Wednesday's losses amid investor concerns about growth. The anchors reacted to comments made to CNBC by two big bank CEOs at the World Economic Forum in Davos, Switzerland: JPMorgan Chase's Jamie Dimon said he expects interest rates to rise above 5%, while Morgan Stanley's James Gorman expressed his belief that inflation has "clearly" peaked. Procter & Gamble shares fall on quarterly results as the company faces headwinds from rising costs. Also in focus: What to expect from Netflix's after-the-bell earnings, a double downgrade for Charles Schwab, shares of Discover slide on the company's outlook for credit card charge-offs. Plus -- is now the time to buy Boeing?
1/19/202343 minutes, 52 seconds
Episode Artwork

Big Tech Layoffs: Microsoft to Eliminate 10,000 Jobs 1/18/23

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the big story of the morning: Microsoft confirmed it plans to cut about 10,000 jobs or 5% of its workforce, joining the ranks of tech giants implementing layoffs. The company also said it is taking a $1.2 billion charge in fiscal Q2 related to severance costs and other changes. Also in focus: Wholesale inflation eases but retail sales fall in December, Nasdaq aims for an eight-session win streak, Goldman Sachs CEO David Solomon's comments to CNBC about a potential "soft landing," United jumps on earnings and guidance, Microsoft and Activision one year after their $69 billion deal was announced.
1/18/202345 minutes, 52 seconds
Episode Artwork

Goldman Misses on Earnings, Morgan Stanley Beats, Disney Fires Back At Peltz 1/17/23

Jim Cramer and David Faber delved deeper into another set of big bank earnings, discussing what to make of Goldman Sachs posting weaker-than-expected quarterly results while Morgan Stanley beats on profits and revenue. Breaking news on the Disney-Nelson Peltz proxy fight: Disney strikes back at the activist investor, saying he "lacks the skills" to assist the company's board. Also in focus: China's economic growth slowed sharply in 2022 to 3% due to COVID lockdowns, Trial day for Elon Musk over his Tesla tweets, Emerson goes hostile on the M&A front and Guggenheim downgrades Microsoft to "Sell."
1/17/202345 minutes, 38 seconds
Episode Artwork

Bank Earnings Parade, BlackRock CEO Larry Fink "First on CNBC" and Tesla Falls on Price Cuts 1/13/23

Jim Cramer and David Faber took an in-depth look into quarterly results from JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. It is time to buy the banks? BlackRock Chairman & CEO Larry Fink joined the program. In a wide-ranging interview, the head of the world's largest asset manager discussed his firm's earnings, long-term investing and the ESG backlash. Also in focus: Tesla shares fall sharply and drag the auto sector lower after the company slashed vehicle prices in the U.S. and Europe, while shares of Delta Air Lines slump despite better-than-expected Q4 results.
1/13/202352 minutes, 41 seconds
Episode Artwork

Consumer Inflation Eases, Nelson Peltz "First on CNBC" on Disney Proxy fight 1/12/23

Carl Quintanilla, Jim Cramer and David Faber focused on two big stories: Key inflation data showing the December Consumer Price Index down 0.1% from November levels and easing year-over-year for a sixth consecutive month -- and Trian nominates activist investor Nelson Peltz for a seat on Disney's board. Peltz joined the program to discuss his proxy fight against Disney and the changes he would like to see at the Magic Kingdom.
1/12/202348 minutes, 16 seconds
Episode Artwork

FAA System Outage Disrupts Airlines, Markets Brace for CPI, "Growth Purgatory" for Salesforce? 1/11/23

Carl Quintanilla, Jim Cramer and David Faber focused on the airlines after the Federal Aviation Administration grounded flights nationwide due to a system outage. The FAA eventually allowed flights to resume but airlines experienced thousands of delays and hundreds of cancellations. The anchors also discussed inflation and the markets ahead of Thursday's CPI data -- and reacted to eye-opening takes on the market from Morgan Stanley CIO Mike Wilson and DoubleLine CEO Jeffrey Gundlach. Also in focus: Bernstein downgrades Salesforce and sees "growth purgatory" for the company, FTX founder Sam Bankman-Fried's comments to Puck News, Tesla files to expand its Texas Gigafactory, "Faber Report": Will WWE Sell?
1/11/202343 minutes, 3 seconds
Episode Artwork

Powell Speaks, Coinbase Layoffs, Disney CEO's "Four Days" Message to Employees 1/10/23

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's comments from Fed Chair Jerome Powell. In remarks delivered to Sweden’s central bank, Powell said the Fed needs to remain independent from political influence while battling inflation -- adding that "Price stability is the bedrock of a healthy economy." The anchors also reacted to Coinbase announcing its second round of layoffs in less than a year, plus what the company's CEO Brian Armstrong told CNBC about cutting 20% of its workforce. Also in focus: Disney CEO Bob Iger tells employees they would be required to work in a Disney office four days a week, Warner Bros. Discovery's big 2023 rebound, plus Apple reportedly plans to replace a key Broadcom chip with an in-house design.
1/10/202343 minutes
Episode Artwork

Markets Jump, Lulu Slumps, Jack Ma Cedes Control of Ant Group, Merck CEO "First on CNBC" 1/9/23

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending gains after a positive first week of 2023 for stocks. The anchors also explored woes for a pair of retailers: Shares of Lululemon and Macy's each down sharply on holiday quarter guidance. Carl, Jim and David reacted to Ant Group founder Jack Ma ceding control of the Chinese fintech giant, and the boost to shares of Alibaba, which owns a roughly 33% stake in Ant. Merck CEO Robert Davis offered his outlook for the pharma giant "First on CNBC" from the J.P. Morgan Healthcare Conference in San Francisco. Also in focus: Goldman Sachs reportedly set to begin layoffs, plus a look at the stocks rising more than 100% on M&A news.
1/9/202343 minutes, 26 seconds
Episode Artwork

Markets Jump on Jobs Report, Tesla Extends Stock Slump on Price Cuts in China 1/6/23

Carl Quintanilla and Jim Cramer discussed stocks jumping on the better-than-expected December employment report: Non-farm payrolls up 223,000, the unemployment rate fell to 3.5% and wage growth slowed. Labor Secretary Marty Walsh joined the program with White House reaction to the numbers. Tesla shares extended losses after the automaker slashed prices in China for the second time in less than three months. Also in focus: Costco leading the gains in consumer stocks, upgrades and downgrades, the challenges of finding a bull market, Cramer on how to play Apple and why he likes the "slowdown stocks."
1/6/202342 minutes, 52 seconds
Episode Artwork

Amazon Cutting 18,000 jobs, “Fedspeak “and 5% Rates, Tesla's China Slide, Silvergate Plunges on FTX Effect 1/5/23

Carl Quintanilla and Jim Cramer led off the show with a wide-ranging discussion about Amazon's plans to cut 18,000 jobs and how many more layoffs we might see in the tech sector. Wednesday night on CNBC, Jim urged Amazon to reduce headcount shortly before CEO Andy Jassy issued a memo to employees about the cuts. The anchors also reacted to comments from Kansas City Fed President Esther George, who told CNBC she sees interest rates above five percent until inflation is under control. Also in focus: Tesla shares fall on a slump in deliveries of its China-made vehicles, crypto-focused bank Silvergate Capital plummets after disclosing a plunge in deposits in wake of FTX's collapse, what to make of Wall Street's downgrade parade – and bright spots, plus Microsoft CEO Satya Nadella tells CNBC why he sees a "challenging" two years ahead for tech.
1/5/202342 minutes, 52 seconds
Episode Artwork

Manifest Space #26: Satellite Connectivity & Co-opetition with SES CEO Steve Collar 1/5/23

As satellite operators send more spacecraft to orbit to connect their broadband services globally, Morgan breaks down the business case for internet constellations with SES CEO Steve Collar. Following the deployment of the first payloads for its O3b mPOWER constellation, they discuss surging satellite demand, the company’s partnership with SpaceX and a potential merger between SES and Eutelsat.
1/5/202321 minutes, 25 seconds
Episode Artwork

Tech in Focus: Salesforce Job Cuts, Microsoft Downgraded, Apple and Tesla's Rough Start to 2023 1/4/23

Carl Quintanilla and Jim Cramer took a deep dive into tech: Salesforce plans to cut about 10% of its workforce. The anchors weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day after Apple closed trading with a valuation below $2 trillion for the first time since 2021 -- and Tesla shares tumbled, experiencing their worst day in more than two years. Also in focus: Regulators warn banks about crypto risks, Chinese stocks rally, oil prices under pressure and GE Healthcare begins trading after being spun off from General Electric.
1/4/202342 minutes, 56 seconds
Episode Artwork

Cramer's Playbook for 2023, Tesla Deliveries Miss 2022 Target, Blackstone Pres. Jon Gray on $4B Investment 1/3/23

On the first trading day of the new year, Jim Cramer and David Faber explored what's ahead for stocks after the worst year for the markets since 2008. Jim outlines his investment playbook for 2023. The anchors also discussed the continuing slump in Tesla shares after the company missed its deliveries target for 2022. Cramer explains why he believes this is the year Ford and General Motors are "coming for Tesla." Blackstone President & COO Jon Gray joined the program to discuss the $4 billion investment his firm's real estate investment trust is receiving from the University of California, after the BREIT fund experienced a surge in redemptions last month.
1/3/202345 minutes, 40 seconds
Episode Artwork

Last Trading Day of 2022 12/30/22

Morgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6% - 10% in 2023. The anchors then shifted to the latest around Southwest Airlines, as the company said it expects to operate a normal schedule. Around the bells, the anchors also hit the tough year for cryptocurrencies; Bitcoin is set to end the year below $17K, and down more than 60% for 2022.
12/30/202243 minutes, 25 seconds
Episode Artwork

Musk’s Message, Covid Concerns, Honing in on Housing 12/29/22

Morgan Brennan, Scott Wapner and Mike Santoli began the hour with Tesla, trying to build on yesterday’s gains after snapping a 7-day losing streak. CEO Elon Musk sent a note to employees telling them “don’t be too bothered by stock market craziness.” After that, the anchors then discussed the broader markets will the major indices trying to rally a day after the Nasdaq touched its lowest level in more than 2 years, following rising Covid concerns out of China. Also in the mix: CNBC’s senior real estate correspondent Diana Olick broke down some weaker-than-expected numbers in the housing market to end the year.
12/29/202242 minutes, 46 seconds
Episode Artwork

Manifest Space #25: Launching into 2023 with United Launch Alliance CEO Tory Bruno 12/29/22

2022 was a massive year for space, from a series of NASA milestones to the rise of mega-constellations. So why did publicly-traded space stocks crash this year, even as launch demand rises? Morgan sat down with United Launch Alliance CEO Tory Bruno to discuss the launch market, the company’s heavy-lift Vulcan rocket, and the outlook for the next year.
12/29/202224 minutes, 57 seconds
Episode Artwork

Southwest Woes Continue, AMC CEO’s Salary Freeze, Tesla Turnaround? 12/28/22

Morgan Brennan, Scott Wapner and Mike Santoli started the hour by breaking down the ongoing volatility around Tesla. Baird reiterated its “outperform” rating on the stock this morning, but lowered its price target to $252 from $316, the second price cut for Tesla in under a week. The anchors then shifted to the latest troubles for Southwest, as the stock continued to drop amid more flight cancellations. CEO Bob Jordan posted a video a last night, apologizing to his customers for the ongoing troubles saying he is “truly sorry.” Around the bells: they also mentioned AMC CEO Adam Aron asking his board of directors to freeze his salary in 2023 amid the company’s sliding stock price.
12/28/202243 minutes, 47 seconds
Episode Artwork

China to Reopen, Cancellation Chaos, Tesla’s Turbulence 12/27/22

Morgan Brennan, Scott Wapner and Bob Pisani began the hour by breaking down the market action for the last trading week of 2022 as stocks tried to rally on news that China would drop quarantine requirements for international arrivals starting in January. Staying with travel, the anchors then shifted to discuss a chaotic weekend of holiday travel. Southwest Airlines canceled another 2,500 flights Tuesday and warned that mass disruptions will continue throughout the week, drawing scrutiny from the Transportation Department as other airlines recovered from severe winter weather. Also in the mix: Tesla shares continued to sink lower, and was on pace for its 7th straight day of losses.
12/27/202243 minutes, 44 seconds
Episode Artwork

Musk Says He'll Pause Tesla Share Sales, Inflation and Market Volatility, SBF Released on $250M Bond 12/23/22

On the final trading day before Christmas, Carl Quintanilla and Jim Cramer discussed Elon Musk's promise to pause selling more shares of Tesla -- but that news didn't stop the stock from continuing its slump. How low can it go? On the crypto front: FTX founder Sam Bankman-Fried under house arrest after being released on $250 million bond, as he awaits trial on criminal charges related to the collapse of his crypto exchange. Also in focus: Market volatility, An inflation gauge closely watched by the Fed came in tamer than a year ago, Microsoft versus the FTC and Cramer highlights stocks worthy of your attention heading into 2023.
12/23/202243 minutes, 19 seconds
Episode Artwork

Bankman-Fried Extradited to U.S., Tepper's "Leaning Short,” Micron’s Miss Pressures Chip Sector 12/22/22

Carl Quintanilla, Jim Cramer and David Faber reacted to Sam Bankman-Fried's return to U.S. soil after being extradited from the Bahamas. The founder of FTX set to be arraigned in federal court as he faces criminal fraud charges related to the collapse of his crypto exchange. The anchors also discussed comments from billionaire investor David Tepper after he told CNBC he is "leaning short" on equities. Also in focus: Micron dragging semiconductor stocks lower after quarterly results missed expectations and the company announced job cut plans, Q3 GDP revised higher, the NFL and YouTube strike a "Sunday Ticket" deal, Carmax tumbles, AMC plunges after announcing a capital raise, plus Tesla's stock slump: A buying opportunity?
12/22/202243 minutes, 11 seconds
Episode Artwork

Nike and FedEx Fuel Rally, What Musk Blames for Tesla's Stock Slide, An NFL "Ticket" for Google? 12/21/22

Carl Quintanilla, Jim Cramer and David Faber discussed the big stories fueling Wednesday's market rally: Nike shares surging on better-than-expected quarterly results and raised guidance, while FedEx also gets a lift on an earnings beat and its vow to continue aggressive cost-cutting measures. The anchors also reacted to Tesla shares hitting fresh 52-week lows and Elon Musk's tweet highlighting what he believes is to blame for the stock's slump, plus his promise to resign as Twitter CEO once he finds a successor. Also in focus: Published reports say Google's YouTube is in advanced talks for exclusive rights to the NFL Sunday Ticket subscription-only package. What could this mean for shares of Alphabet and streaming stocks?
12/21/202243 minutes, 6 seconds
Episode Artwork

Wells Fargo Settles With CFPB, Sources Say Elon Musk Is Searching For a Twitter CEO 12/20/22

Jim Cramer and David Faber engaged in wide-ranging discussions about Wells Fargo's multi-billion dollar settlement with the Consumer Financial Protection Bureau. The CFPB said it has ordered the bank to pay a penalty for "widespread mismanagement of auto loans, mortgages and deposit accounts." David with new reporting on the Twitter saga: Sources telling him Elon Musk is actively searching for a CEO to run the company. Also in focus: Big tech weakness, the Bank of Japan's action that surprised the global markets, plus what to expect from FedEx and Nike results after the close -- and what they might say about the consumer.
12/20/202243 minutes, 39 seconds
Episode Artwork

Manifest Space #24: Maxar Goes Private with Advent International Chair David Mussafer 12/20/22

In a big week for defense deal-making, private-equity firm Advent International is acquiring satellite operator Maxar Technologies in a deal valued at $6.4 billion at a nearly 129% premium. Morgan sits down with Advent International Chairman & Managing Partner David Musaffer to discuss the acquisition, the satellite market and the private markets’ role in M&A.
12/20/202213 minutes, 48 seconds
Episode Artwork

Tesla Rises on Musk-Twitter Poll, EU vs. Meta, Costco CEO Exclusive on Inflation and the Consumer 12/19/22

Jim Cramer and David Faber led off the program with Elon Musk's Twitter poll: The majority of the platform's users said Musk should step down as head of Twitter. The anchors explored what it all means for shares of Tesla, which have tumbled since Musk closed the Twitter deal in late October. Also on the tech front -- the EU has charged Meta with antitrust violations. Costco CEO Craig Jelinek joined the show exclusively and offered some eye-opening perspectives on inflation, the consumer and the holiday shopping season. Also in focus: The Senate Banking Committee Chair mulls the idea of a crypto ban, Disney shares slump as the "Avatar" sequel’s box office debut comes in shy of expectations, plus Cramer's skepticism regarding L3Harris' $4.7 billion deal to acquire Aerojet Rocketdyne.
12/19/202243 minutes, 47 seconds
Episode Artwork

Buying Into the Post-Fed Sell-off, Adobe and Meta Jump, Musk & Twitter: The Suspension Saga 12/15/22

Jim Cramer and David Faber delved into another day of selling on Wall Street amid rate hike and recession worries. Jim highlights the stocks he says "would do just fine" in a slowing economic environment. The anchors also discussed bright spots in the tech sector -- Adobe shares up sharply after posting a quarterly earnings beat and Meta higher on an upgrade from J.P. Morgan. Jim and David reacted to Twitter's decision to suspend accounts of several journalists, Elon Musk's tweets about that move, plus the "Musk effect" on slumping Tesla shares. Also in focus: A stock that doubled on news of a buyout.
12/16/202243 minutes, 39 seconds
Episode Artwork

Rate Hike Jitters Spark Market Sell-off, plus Elon Musk Sells More Tesla Shares As The Twitter Saga Rolls On. 12/15/22

Carl Quintanilla, Jim Cramer and David Faber focused on the markets extending Wednesday's losses into a sell-off, one day after the Fed announced a 50-basis point rate hike and signaled more increases to come as it battles inflation. The Bank of England and the European Central Bank each followed the Fed with similar rate hikes on Thursday. Jim highlights which stocks to buy -- and the ones to avoid -- in this market environment. The anchors also discussed Elon Musk's sale of another $3.6 billion of Tesla shares -- and the company's market cap sliding below $500 billion -- amid investor concerns about Musk's role at Twitter. Also in focus: Retail sales fell sharply in November, What's driving the rally in Chinese shares, plus Cramer explains why he's bullish on Bob Iger upon his return as Disney CEO.
12/15/202243 minutes, 37 seconds
Episode Artwork

Fed Decision Day, Tesla Investor Angst Over Musk, FTX and "Old-Fashioned Embezzlement" 12/14/22

Carl Quintanilla, Jim Cramer and David Faber focused on markets anticipating Wednesday's Fed interest rate hike decision, policy statement and Fed Chair Powell's news conference. What's at stake for your portfolio? The anchors explored Tesla's ongoing stock slump as key investors express frustration with Elon Musk's focus on Twitter. Also in the spotlight: A Senate Banking Committee hearing on FTX's collapse one day after new FTX CEO John Ray III told House lawmakers the bankrupt crypto exchange engaged in "old-fashioned embezzlement."
12/14/202242 minutes, 54 seconds
Episode Artwork

Consumer Inflation Data Fuels Rally, SBF Arrested and Indicted, Boeing CEO on Huge United Order 12/13/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with cooler-than-expected inflation data sparking a rally on Wall Street: The November Consumer Price Index rose 7.1% year-over-year, fueling hopes that tomorrow's Fed decision will result in a less aggressive interest rate hikes. The anchors discussed the big news surrounding Sam Bankman-Fried: After being arrested in the Bahamas at the request of the U.S., the founder and former CEO of FTX was hit with an eight-count federal indictment, with charges including wire fraud and conspiracy. The SEC charged Bankman-Fried with defrauding investors in FTX. Boeing CEO Dave Calhoun joined the program to discuss United Airlines making the biggest 787 Dreamliner order in Boeing's history.
12/13/202245 minutes, 50 seconds
Episode Artwork

M&A Monday, Big Week for the Markets, BofA: “Short U.S. Tech" in 2023. 12/12/22

Carl Quintanilla, Jim Cramer and David Faber led off the program with a busy day in M&A: Amgen agreeing to acquire Horizon Therapeutics in a deal valued at $27.8 billion, Thoma Bravo to take Coupa Software private in an $8 billion transaction and barbecue grill maker Weber agrees to a $2.3 billion buyout from BDT Capital. The anchors also explored what's at stake for the markets this week, with the Consumer Price Index due out Tuesday and the Fed's decision on interest rates scheduled for Wednesday. Also in focus: Bank of America says "Short U.S. Tech" is among its "Top 10 Trades for 2023," Tesla shares slump further as Elon Musk and Twitter remain in the spotlight, Goldman Sachs cuts RH to "Sell" as part of a wide-ranging retail sector call, plus the anchors remember the motion picture, "Wall Street" -- 35 years later.
12/12/202242 minutes, 47 seconds
Episode Artwork

Manifest Space #23: SLS Splashdown with Former NASA Administrator Jim Bridenstine

NASA's Artemis I came to a close this weekend, wrapping up a nearly 26-day unmanned spaceflight around the moon. The mission marks the first flight of SLS, the most powerful operational rocket, and kicks off a series of missions which will eventually send Americans back to the lunar surface. Morgan discusses the historic mission, outlook for future launches and the lunar economy with former NASA Administrator Jim Bridenstine.
12/12/202222 minutes, 37 seconds
Episode Artwork

Hotter-Than-Expected PPI, the FTC vs. Microsoft-Activision, An Exclusive With Lululemon's CEO 12/9/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to new wholesale inflation data: The Producer Price Index for November came in hotter than expected, ahead of next week's Fed decision on interest rates. David highlighted three items on investors' radar as the Federal Trade Commission seeks to block Microsoft's planned acquisition of Activision Blizzard. Lululemon CEO Calvin McDonald joined the program to discuss his company's Q3 earnings beat, the holiday quarter guidance pressuring the stock and managing pricing power in an inflationary environment. Also in focus: Costco misses, the message from RH's CEO, Broadcom shares jump, Salesforce Chairman and Co-CEO Marc Benioff defends the company's stock and FTX founder Sam Bankman-Fried said he'll testify before Congress next week.
12/9/202243 minutes, 21 seconds
Episode Artwork

Tesla’s Turbulent Track, Exxon Boosts Buybacks, Blackstone’s Jon Gray 12/8/22

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the markets with the S&P coming off its 5th negative session in a row. They also reacted to Citi CEO Jane Fraser warning that the United States is likely to enter a recession in 2023. The anchors then talked Tesla, down again in early trading on a report that the company is shortening Shanghai factory shifts and delaying new hires. Also in the hour: David had an exclusive interview with Blackstone President Jon Gray, over the company’s decision to limit withdrawals from its $69 billion private REIT.
12/8/202248 minutes
Episode Artwork

Easing Restrictions, Paramount CEO Bob Bakish, Strength in Soup 12/7/22

Carl Quintanilla, Jim Cramer and David Faber started the hour by taking a closer look at China relaxing its Covid restrictions and moving away from its ‘zero-Covid’ policy. China’s trade also plunged to its lowest level since 2020 amid those Covid curbs. The anchors also turned to Paramount Global, which moved lower again after the company warned of an ad sale slowdown; David sat down exclusively with Paramount CEO Bob Bakish. Also in the mix: Jim broke down Campbell Soup for his ‘Mad Dash’ after the company moved higher on its earnings beat.
12/7/202242 minutes, 57 seconds
Episode Artwork

Stocks Aim to Rebound, Fading CEO Optimism, Crypto a “Sideshow?” 12/6/22

Carl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the markets aiming to rebound a day after stocks suffered their worst performance in nearly a month. The S&P also posted its third straight day of declines. The anchors then turned their attention to cryptocurrencies, after JPMorgan CEO Jamie Dimon called the industry a “sideshow.” Dimon also went on to say tokens are “like pet rocks.” Also in the mix: shares of Meta dropped again following news that the company’s oversight board concluded that Meta gives its VIP users an unfair advantage.
12/6/202242 minutes, 48 seconds
Episode Artwork

New Market Week, The "China Effect" on Tesla, Chinese Stocks Rally and SBF Tweets "I Will Testify." 12/5/22

Carl Quintanilla, Jim Cramer and David Faber explored what to expect from the markets after a positive week for stocks. China playing a big role in the discussion: Oil prices higher and Chinese stocks such has Alibaba in rally mode after China loosened some COVID restrictions, Morgan Stanley ups Chinese equities to "overweight," Apple reportedly looking to move some of its production out of China and Tesla shares slump on reports the automaker is cutting Model Y production in Shanghai. Also in focus: FTX founder Sam Bankman-Fried tweeted he "will testify" before House lawmakers at some point, the CEO of North Face and Timberland parent VF Corp. to retire, Starbucks downgraded, a media stocks roundup and Delta's big pay hike in its deal with pilots.
12/5/202243 minutes, 21 seconds
Episode Artwork

Markets Fall On Jobs Report, Assessing the Corporate Layoffs Picture and Musk Talks Tesla Semi: "Badass" 12/2/22

Jim Cramer and David Faber led off the show with reaction to the stronger-than-expected November employment report, which reignited market fears of aggressive Fed interest rate hikes. 263,000 non-farm jobs were created, the unemployment rate remained at 3.7% and wage growth surged. Was Wednesday's "Powell Rally" ill-advised? The anchors also assessed hiring freezes and layoffs in the tech and banking sectors. On the autos front: Ford vehicle sales fell in November but EV sales more than doubled from a year ago. Tesla delivered its first heavy duty electric semi to PepsiCo. CEO Elon Musk described the truck as a "badass rig." Also in focus: Marvell shares sink, crude oil's big weekly rally, Barclays downgrades Blackstone following BREIT limit, plus the anchors weigh in on Credit Suisse, Disney and Salesforce.
12/2/202243 minutes, 30 seconds
Episode Artwork

Morning After the "Powell Rally", Salesforce Not On Cloud Nine, Messages From SBF and Zuckerberg. 12/1/2022

Jim Cramer and David Faber looked at what's ahead for the markets one day after Fed Chair Jerome Powell's comments on moderating interest rate hikes sparked a Wednesday afternoon rally for stocks. Salesforce shares fell sharply after the company announced Bret Taylor is stepping down as Co-CEO and that Marc Benioff would once again be sole CEO and remain chairman. Jim and David explored what Taylor's departure could mean for Salesforce -- and discussed his role at Twitter, where he served as chairman as the company was being sold to Elon Musk.Also in focus: What FTX founder Sam Bankman-Fried and Meta CEO Mark Zuckerberg told CNBC's Andrew Ross Sorkin at the New York Times DealBook Summit, Snowflake shares erase post-earnings declines, other earnings movers including Kroger and PVH, and Musk tweets about Apple and Tim Cook.
12/1/202243 minutes, 23 seconds
Episode Artwork

Markets Brace for Powell, DoorDash Cuts Jobs, SBF's Bank Account and Spotify's CEO Slams Apple ... Again 11/30/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with the markets anticipating Fed Chair Jerome Powell's Wednesday speech, watching to see what he might say about the path of interest rate hikes. The anchors also reacted to DoorDash cutting about 1,250 jobs to rein in costs, plus FTX founder Sam Bankman-Fried telling Axios he had $100,000 in his bank account “last I checked” Spotify CEO Daniel Ek renewed his criticism of Apple in a series of tweets, after Twitter owner Elon Musk slammed the iPhone maker over App Store fees. Also in focus: A report from Beijing on the China COVID protests, earnings movers, Crowdstrike shares tumble, Carvana downgraded again, Disney “restructuring” in the new Bob Iger era, the takeover battle involving Horizon Therapeutics, plus comments Cramer made about Hormel that you won't want to miss.
11/30/202243 minutes, 8 seconds
Episode Artwork

Asia Markets Rally, Musk vs. Apple, Disney’s Hiring Freeze 11/29/22

Carl Quintanilla and Jim Cramer kicked off the hour by looking at the rally in Asia markets as Chinese health authorities reported an uptick in senior vaccination rates. They continued the conversation with CNBC’s Eunice Yoon, who reported that Zhengzhou, or China’s iPhone city, is set to lift its current lockdown as scheduled. The anchors then turned to Elon Musk taking on Apple in a series of Tweets claiming, “Apple has also threatened to withhold Twitter from its App Store, but won’t tell us why.” Also in the mix: Disney CEO Bob Iger announced during his first town hall since returning to the company that he won’t remove its hiring freeze. Cramer said Disney’s stock is a “Buy.”
11/29/202243 minutes, 14 seconds
Episode Artwork

China Unrest Pressures Stocks, Black Friday Bonanza and Town Hall Time for Disney CEO Iger. 11/28/22

Carl Quintanilla and Jim Cramer kicked off the week by focusing on global markets under pressure, as protests in China over that country's "zero-COVID" policy spark concerns about growth and demand in the world's second largest economy. Coverage includes a report from on the ground in Beijing. The anchors also discussed the latest holiday shopping report cards, including data from Adobe which show Black Friday online sales set a new record. Disney also in the spotlight ahead of CEO Bob Iger's Monday town hall meeting with employees. Also in focus: Upgrades for Activision, WTI crude falls into negative territory for the year and casino stocks get a Macau boost.
11/28/202243 minutes, 4 seconds
Episode Artwork

Profiting From Black Friday, the China COVID Effect Hits Apple, M&A: The FTC vs. Microsoft-Activision 11/25/22

Carl Quintanilla, David Faber and Morgan Brennan covered all of the retail bases on Black Friday, focusing on what investors can expect from the nation's chain stores this holiday season. A Cowen retail analyst joined the program with his Black Friday picks. A report from on the ground in Beijing: Apple shares under pressure as the company tries to quell unrest at Foxconn's major iPhone factory amid China's COVID-19 lockdowns and a rise in infections. The anchors reacted to a report which says The Federal Trade Commission is likely to challenge Microsoft's planned $69 billion acquisition of Activision. Oppenheimer Asset Management's chief strategist offered his market outlook. Will we see a "Santa Claus rally"?
11/25/202244 minutes, 51 seconds
Episode Artwork

Pre-Holiday Movers, China COVID Lockdowns, Foxconn iPhone Plant Unrest and Credit Suisse's $1.6B Warning 11/23/22

On the final trading day before Thanksgiving, Carl Quintanilla, David Faber and Mike Santoli discussed the markets ahead of Black Friday, including reaction to earnings from the likes of Nordstrom. Veteran market strategist Bob Doll joined the anchors with his market outlook and take on the Fed. David's "Faber Report" focused on Credit Suisse warning of a $1.6 billion loss in the fourth quarter. China's COVID lockdown also in the spotlight: A report from on the ground in Beijing after unrest at Foxconn's massive iPhone assembly plant. Also in focus: HP to cut up to 6,000 jobs, Wall Street notes on Tesla and the Elon Musk effect, plus the FTX collapse - from bankruptcy hearing developments to Sam Bankman-Fried's latest mea culpa.
11/23/202242 minutes, 29 seconds
Episode Artwork

One Year Since Nasdaq's Record Intraday High, Day Two of Iger's Return to Disney and Retailers' Pre-Black Friday Rally 11/22/22

Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for tech stocks on the anniversary of Nasdaq's record intraday high. Since hitting that milestone a year ago, the index has fallen by more than 30% -- with names such as Meta and Netflix losing more than half of their value. The anchors also discussed the road ahead for Disney on the second day of Bob Iger's return to the company as CEO. Also in focus: Best Buy among the leaders of a retail earnings rally ahead of Black Friday, reaction to tech earnings from Dell and Zoom, the Musk-Twitter effect on Tesla shares and Credit Suisse downgrades Blackstone.
11/22/202243 minutes, 27 seconds
Episode Artwork

Disney Stunner: Bob Iger Returns As CEO, Bob Chapek is Out 11/21/22

Jim Cramer and David Faber engaged in a wide-ranging discussion involving surprising news out of Disney: Bob Iger has returned to the company as CEO, replacing his successor, Bob Chapek. Disney shares surged on news of the shakeup. The anchors explored the challenges Iger will face. David also highlighted flashbacks of his interviews with Iger and Chapek. Also in focus: The China COVID-19 lockdown effect on oil prices, playing big tech, FTX's $3.1 billion dilemma, the Elon Musk-Twitter drama and Jim's eye-opening comments about investing in enterprise software stocks.
11/21/202242 minutes, 22 seconds
Episode Artwork

Markets vs. the FTX Collapse, Retailers Rally and An Exclusive With Visa's Outgoing and Incoming CEOs 11/18/22

Jim Cramer and David Faber discussed stocks being on track for a negative week, but showing some resiliency in the face of the FTX collapse and its impact on crypto. The anchors also explored a retail stocks rally including Foot Locker, Ross Stores and Gap in reaction to their respective quarterly results. Visa CEO Al Kelly and incoming CEO Ryan McInerney joined Jim and David at Post 9 to discuss the company's leadership transition as well as crypto and the FTX crisis. Also in focus: crude oil falls below $80/barrel, David's Liberty Media interviews with Chairman John Malone on Paramount Global and Shari Redstone, and CEO Greg Maffei on the backlash against Ticketmaster's handling of Taylor Swift tour ticket sales.
11/18/202242 minutes, 39 seconds
Episode Artwork

Rate Fears and Fedspeak, An Exclusive With John Malone and FTX's New CEO Slams "Complete Failure." 11/17/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets falling on rate hike and growth concerns.St. Louis Fed President James Bullard said a 5% to 7% Fed funds rate might be necessary to combat inflation. David was at Liberty Media Investor Day. In his exclusive interview with company chairman and legendary cable mogul John Malone, they discussed everything from the future for Warner Bros. Discovery to streaming and sports media rights. Also in focus: New FTX CEO John Ray blasts the collapsed crypto exchange's "complete failure of corporate controls" in a bankruptcy court filing, J.P Morgan predicts a mild U.S. recession in 2023, earnings from the likes of Nvidia, Cisco, Alibaba and Macy's, plus David's interview Liberty Media CEO Greg Maffei.
11/17/202243 minutes, 5 seconds
Episode Artwork

Target's Big Miss and Holiday Blues, Micron Warns and Binance's CEO Talks FTX. 11/16/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Target tumbling in reaction to the retailer's Q3 earnings miss and lowered guidance for the holiday quarter. On the flip side, Lowe's posted better-than-expected quarterly results. So how should you play the retail sector? As for the chips, shares of Micron under pressure after the company cut its supply forecast for 2023, citing market conditions. Also in focus: The CEO of Binance talks crypto regulation in wake of the FTX collapse, Disney World to hike ticket prices in December, plus lots on big tech -- including Google parent Alphabet facing activist pressure to cut costs.
11/16/202243 minutes, 17 seconds
Episode Artwork

Manifest Space #22: NASA's Artemis with AE Industrial's Kirk Konert

NASA is set to launch the first of the highly-anticipated Artemis missions, sending its mega SLS rocket and Orion capsule around the moon. Morgan Brennan speaks with AE Industrials's Kirk Konert, the partner behind some of the largest investments in the space sector, about the upcoming launch...and why he sees a $2 trillion dollar opportunity in the space.
11/15/202228 minutes, 32 seconds
Episode Artwork

Inflation Data and Walmart Spark a Market Rally, Tech Surges and Berkshire's Munger Blasts Crypto ... Again. 11/15/22

Carl Quintanilla, David Faber and Mike Santoli began the show with wholesale inflation data that helped to spark a market rally: The Producer Price Index for October came in tamer than expected, unchanged from the previous month when you strip out food and energy. As for retail earnings, Walmart shares surged on better-than-expected quarterly results, raised guidance and a $20 billion share buyback program. Home Depot also posted a quarterly beat. Jim Cramer joined the anchors shortly before the opening bell and weighed in on retail earnings and the movers of the morning. Also in focus: Berkshire Hathaway Vice Chairman Charlie Munger's new message blasting crypto in a CNBC interview, the latest on the FTX collapse, Warren Buffett's bet on Taiwan Semiconductor boosts the chip sector, and Netflix jumps on a double upgrade.
11/15/202243 minutes, 1 second
Episode Artwork

FTX Fallout Intensifies, Biden's High-Stakes Meeting With Xi, and Stocks After Their Best Week Since June. 11/14/22

Carl Quintanilla, Jim Cramer and David Faber kicked off the week with the latest on the fallout involving embattled crypto exchange FTX and its ripple effects. The anchors also reacted to President Biden's remarks about his meeting with China's President Xi from the G20 summit in Indonesia. Carl, Jim and David also discussed what's next for the broader markets following their best week since June. Two Disney stories: The company plans a hiring freeze and job cuts -- and "Black Panther: Wakanda Forever" earns $180 million in its domestic opening weekend. Also in focus: Jeff Bezos' comments on risk reduction and Elon Musk rejects former T-Mobile CEO John Legere's offer to run Twitter.
11/14/202245 minutes, 48 seconds
Episode Artwork

FTX Files For Bankruptcy and Sam Bankman-Fried Resigns As CEO, Plus: The Markets After the Dow's 1,200-Point Rally 11/11/22

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about breaking news involving FTX. The embattled crypto exchange announced it was filing for Chapter 11 bankruptcy -- and that its founder Sam Bankman-Fried had resigned as CEO. The anchors explored what it could mean for the crypto landscape, FTX's investors and its customers. Carl, Jim and David also discussed which stocks to focus on after Thursday's big rally, which saw the Nasdaq post a gain of more than 7% and the Dow surge by more than 1,200 points.
11/11/202254 minutes, 39 seconds
Episode Artwork

CNBC Special Report: Taking Stock 11/10/22

CNBC’s Carl Quintanilla and guests dig into the latest market moves and what it means for your money.
11/11/202244 minutes, 47 seconds
Episode Artwork

Cooler Inflation Data Fuels Big Market Rally -- and FTX's Sam Bankman-Fried Tweets "I'm Sorry" Amid Crisis 11/10/22

Carl Quintanilla, Jim Cramer and David Faber highlighted inflation news that sparked a major rally on Wall Street. The Consumer Price Index for October came in tamer than expected, up 7.7% from a year ago. The data fueled investor hopes that the Federal Reserve could take a 75 basis point rate hike off the table for December. With the Nasdaq up 5%, the anchors explored the best ways to play tech now. The FTX crisis also in the spotlight after Binance backed out of rescuing its crypto exchange rival. FTX CEO Sam Bankman-Fried launched a 22-part tweetstorm -- including profanity -- leading it off with "I'm sorry. That's the biggest thing." The anchors discussed what's at stake for a crypto market under pressure. Also in focus: Mark Zuckerberg's message to Meta employees about layoffs. Morgan Brennan talks defense and geopolitics with Gen. Mark Milley, Chairman of the Joint Chiefs of Staff.
11/10/202255 minutes, 51 seconds
Episode Artwork

Midterms Madness, Meta Layoffs, Disney Slumps and the FTX Fallout Hits Crypto 11/9/22

Carl Quintanilla, Jim Cramer and David Faber led off a busy Wednesday by discussing Tuesday's midterm elections, with key races undecided and control of Congress hanging in the balance. Are the markets disappointed? The anchors reacted to Facebook parent Meta Platforms announcing it would lay off 11,000 workers -- and Mark Zuckerberg offering a mea culpa. Are more job cuts on the horizon, and what's next for the stock? Also in focus: Disney shares falling on a Q4 miss and higher costs at its Disney+ streaming service, cryptocurrencies extend losses in wake of the potential deal between Binance and FTX, plus Elon Musk sells more Tesla shares worth about $4 billion.
11/9/202245 minutes, 50 seconds
Episode Artwork

Markets and the Midterms, Kohl's CEO Heading to Levi's, Crypto Crumbles and the "Revenge of the Non-Disruptors" 11/8/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets as Americans head to the polls to vote in the midterm elections. How should investors position themselves for various potential outcomes? Bitcoin and other cryptocurrencies down sharply on news of FTX’s token tumbling after comments from the head of rival crypto exchange Binance. The anchors reacted to Michelle Gass stepping down as Kohl’s CEO and moving to Levi Strauss to become its president in 2023 -- she is slated to succeed Chip Bergh as its CEO in 18 months. Also in focus: DuPont beats while Lyft and Take-Two Interactive tumble on earnings news, plus Cramer talks about the stocks involved in the "Revenge of the non-disruptors"
11/8/202243 minutes, 13 seconds
Episode Artwork

Apple's iPhone 14 Warning, Meta Jumps on Job Cuts Report and Walgreens Unit's $8.9B Deal 11/7/22

Carl Quintanilla, Jim Cramer and David Faber led off the week with big stories in the tech sector: Apple warning of lower iPhone 14 and 14 pro shipments, due to COVID-19 restrictions in China impacting the Foxconn facility in Zhengzhou where the phones are assembled. Shares of Meta Platforms rise on a report stating the Facebook parent is planning large-scale job cuts this week. On the M&A front: Walgreens Boots Alliance unit "VillageMD" has agreed to acquire primary and urgent care provider Summit Health-CityMD for $8.9 billion. Also in focus: What inflation data, the midterm elections and earnings could mean for the market week ahead, Disney vs. Warner Bros. Discovery, strength in bank stocks, a downgrade for Costco and Tesla shares fall amid a deluge of Twitter news involving Elon Musk.
11/7/202242 minutes, 48 seconds
Episode Artwork

October Jobs Report Reaction, Stocks With China Exposure Rally, and a Deluge of Earnings Winners and Losers. 11/4/22

Carl Quintanilla, Jim Cramer and David Faber led off with market reaction to the big story of the morning: The economy added a better-than-expected 261,000 non-farm jobs in October, while the unemployment rate rose to 3.7%. Hear what Cramer said about the economy and the key to this market. Hopes that China will scale back its "Zero-COVID" policy have sparked a rally in stocks such as Nike, Caterpillar and Starbucks -- along with Chinese names including Alibaba. As for the earnings parade: Starbucks beats, Warner Bros. Discovery misses, Shares of DoorDash, Expedia and Block (formerly Square) up double-digits -- while Carvana, DraftKings and Twilio get crushed.
11/4/202243 minutes, 29 seconds
Episode Artwork

Markets Extend Post-Fed Sell-off, Qualcomm Drags Chips Lower and Roku's Holiday Outlook Slams the Stock. 11/3/22

Carl Quintanilla, Jim Cramer and David Faber focused on an extended sell-off for the stock market one day after another 75-basis point rate increase by the Federal Reserve. The anchors reacted to Fed Chair Jerome Powell's comment that there are no plans to pause rate hikes anytime soon. Qualcomm leading the chip sector lower as guidance overshadows a fiscal Q4 beat. Carl, Jim and David also discussed names that were once pandemic era darlings: shares of Roku and Peloton slammed in reaction to weaker-than-expected holiday quarter guidance. Also in focus: The earnings parade including Etsy's surge and travel stocks, Robinhood's results beat estimates but its CEO acknowledges the stock's weak performance this year, plus a "Faber Report" on why Altice shares are getting crushed.
11/3/202243 minutes, 1 second
Episode Artwork

Fed Decision Day, AMD Jumps Despite a Miss, Paramount "Minus" and Amazon Out of the $1T Club 11/2/22

Jim Cramer and David Faber led off the show with the markets anticipating another 75 basis point rate hike by the Fed Wednesday afternoon. Is it time for policymakers to moderate tightening? The anchors explored rotation out of big tech one day after Amazon closed below a $1 trillion market cap for the first time since 2020. AMD shares jumped despite weaker guidance and quarterly earnings below lowered analyst estimates. Hear what CEO Lisa Su said on AMD's earnings call. Also in focus: Earnings winners and losers, Paramount Global tumbling on a Q3 miss, the companies whose profits are being impacted by electricity costs, ADP jobs data exceed expectations, the "China effect" on Estee Lauder, and CVS, Walgreens and Walmart agree to a multi-billion dollar settlement of opioid lawsuits.
11/2/202243 minutes, 32 seconds
Episode Artwork

November Market Kick-off, J&J's $16.6B deal, Chinese Stocks Rally and Biden Blasts Big Oil "War Profiteering" 11/1/22

Carl Quintanilla, Jim Cramer and David Faber explored what investors can expect from the markets in November after a bullish October, which included the Dow's best month since January 1976. M&A also in the spotlight: Shares of Abiomed soaring after Johnson and Johnson agreed to acquire the cardio technology company in a deal valued at $16.6 billion. The anchors also discussed Chinese stocks in rally mode. Unverified posts on social media said policymakers in China are looking to relax stringent COVID rules. Also in focus: Day one of the Fed's policy meeting, President Biden accuses big oil companies of "war profiteering" and backs the idea of slapping them with a windfall tax, plus market reaction to earnings from the likes of Pfizer, Eli Lilly and Uber.
11/1/202242 minutes, 40 seconds
Episode Artwork

Spirit of '76 for the Bulls, COVID Effect on Apple and the Musk Era At Twitter: Fee Charges Ahead? 10/31/22

On the final trading day of October, Carl Quintanilla, Jim Cramer and David Faber discussed a strong month for stocks -- the Dow on track for its best since 1976. Are blue chip names your best bet? The anchors reacted to calls from big Wall Street banks: Morgan Stanley sees a near-term S&P 500 rally that could go as high as 4150 -- while Goldman Sachs predicts the Fed funds rate will peak at 5% in March 2023. China pandemic problems in the spotlight: A published report says production of Apple's iPhone could slump by as much as 30% at a major Foxconn factory next month, due to tightening COVID-19 curbs in China. Also in focus: The latest on Elon Musk and Twitter, including a report stating the company plans to charge $20 for verification, billionaire Tilman Fertitta takes a 6.1% stake in Wynn Resorts, Blackstone agrees to acquire a majority stake in an Emerson Electric unit for $14 billion, and downgrades for Caterpillar and Paramount Global.
10/31/202243 minutes, 22 seconds
Episode Artwork

Apple Jumps, Amazon Slumps, Twitter's "Musk Era" Begins and an Exclusive With Chevron's CEO 10/28/22

Carl Quintanilla, Jim Cramer and David Faber explored how investors should play big tech after the latest batch of earnings: Apple shares moved higher as better-than-expected fiscal Q4 results overshadowed iPhone sales that came in below analyst estimates, while Amazon shares tumbled on a revenue miss and holiday quarter guidance. The anchors had a wide-ranging discussion about Elon Musk taking over Twitter and ousting top executives as he takes the company private. Also in focus: An exclusive interview with Chevron Chairman & CEO Mike Wirth after the oil giant posted its second-largest quarterly profit ever, plus market reaction to earnings reports from the likes of Exxon Mobil, Intel and Pinterest.
10/28/202249 minutes, 7 seconds
Episode Artwork

Meta Plunges, Blue Chips’ Earnings Bounce, the CEOs of Southwest and ServiceNow and Musk's Message to Twitter Advertisers 10/27/22

Carl Quintanilla, Jim Cramer and David Faber led off the program with another large cap tech tumble: Facebook parent Meta Platfoms missing on earnings and disappointing Wall Street on guidance. The anchors reacted to Mark Zuckerberg's earnings call comments: He urged investors to be patient with his metaverse spending strategy. You'll want to hear Jim’s eye-opening take on Meta. Two CEOs appeared on the program: Southwest Airlines' Bob Jordan on record revenue and stronger travel demand -- and ServiceNow's Bill McDermott on quarterly results that sent the stock up double-digits. Also in focus: GDP returns to growth in Q3, Elon Musk’s tweet to Twitter advertisers on why he bought the company, blue chip earnings beats from the likes of Caterpillar and Honeywell, plus a breakdown of Credit Suisse's strategic overhaul.
10/27/202251 minutes, 40 seconds
Episode Artwork

Manifest Space #21: Back to Launch with OneWeb CEO Neil Masterson

After Russia’s invasion of Ukraine led the satellite operator to terminate its launch contracts, OneWeb has successfully deployed 36 satellites through its new partnership with the Indian Space Agency. With over 70% of its fleet now in orbit, Morgan sits down with CEO Neil Masterson— discussing how OneWeb is faring amid geopolitical tensions, a growing customer interest in satellite coverage, potential consolidation with Eutelsat, plans to reach global coverage next year, and more.
10/26/202225 minutes, 10 seconds
Episode Artwork

Microsoft and Alphabet Lead Tech Sector Slump, Plus: Exclusives With the CEOs of Boeing and Bristol Myers Squibb 10/26/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to shares of Microsoft and Google parent Alphabet falling sharply and pulling the Nasdaq lower after the tech giants posted quarterly results. Two CEOs joined the program exclusively: Boeing's Dave Calhoun discussed what's next for his company after its unexpected quarterly loss -- and Bristol Myers Squibb's Dr. Giovanni Caforio outlined the drugmaker’s earnings beat despite the stronger dollar's impact on sales. Also in focus: What quarterly results from the likes of Visa, Chipotle and Mattel are telling us about the consumer, plus a look at what to expect from Meta's after-the-bell earnings report.
10/26/202245 minutes, 49 seconds
Episode Artwork

Markets and the Earnings Barrage, UPS' Message vs. FedEx's View and Raytheon's CEO Talks Earnings and Defense 10/25/22

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to a deluge of quarterly results from the likes of General Electric, 3M, Coca-Cola and General. They discussed UPS rising on earnings and compared what the company's CEO said about the road ahead to what FedEx's CEO told CNBC last month about being "headed for a recession." Raytheon Technologies Chairman & CEO Greg Hayes joined the program to discuss the defense company's quarterly results and outlook in wake of the Russia-Ukraine conflict. Also in focus: Chinese tech stocks gain one day after tumbling, playing big tech ahead of Microsoft and Alphabet's after-the-bell earnings, and grill maker Weber surges on news of a buyout bid.
10/25/202243 minutes, 13 seconds
Episode Artwork

Markets Try to Extend Rally, China Tech Stocks Tumble, Tesla's "Redder" October and an Investor's Meta "Verse" for Zuckerberg. 10/24/22

After the best week for stocks since June, Carl Quintanilla, Jim Cramer and David Faber discussed a tale of two markets: The major indices look to extend Friday's rally as we begin a big week for mega-cap tech earnings, while China tech stocks take a beating after President Xi wins a third term and tightens his grip on power. Speaking of China, Tesla is cutting the price of its vehicles in that country, adding to what has been a rough month for the stock. The anchors also explored a double dose of Meta: Bank of America downgraded the stock to "neutral" and Brad Gerstner -- CEO of tech investment firm Altimeter Capital -- is calling on Mark Zuckerberg to cut costs and reduce spending at Meta. Also in focus: The jump in health-related stocks, the Musk-Twitter deal deadline looms, Schlumberger rebrands itself as "SLB" and Wall Street debates the chances of a recession.
10/24/202243 minutes, 41 seconds
Episode Artwork

Snap Shares Plummet, Dow Aims For 3-Week Win Streak, AmEx Beats Are Not Enough, Plus a Cisco CEO Exclusive. 10/21/22

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing shares of Snap losing more than a quarter of their value and dragging other social media stocks lower. The parent of Snapchat posted a quarterly revenue miss, hurt by a slowdown in digital ad spending. Hear what Cramer thinks about the stock -- and the company. The anchors also explored the markets on track for a positive week, including the Dow looking to extend its weekly win streak to three for the first time this year. Also in focus: American Express shares fall despite upbeat quarterly results and guidance, the U.S. reportedly mulling security reviews for some of Elon Musk's ventures - including his deal to buy Twitter, earnings from Verizon and Whirlpool, hospital stocks plunge, plus David's exclusive interview with Cisco CEO Chuck Robbins.
10/21/202243 minutes, 27 seconds
Episode Artwork

UK PM Resigns, Musk Talks Tesla, AT&T and IBM Beat on Earnings and the 10-Year Yield Hits a 2007 High 10/20/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: UK Prime Minister Liz Truss resigns after 44 days in office and market turmoil during her term. Tesla shares fall on mixed quarterly results and a lowered vehicle delivery target. Should you buy the stock? The anchors reacted to comments Tesla CEO Elon Musk made on the company's earnings call -- including that he sees a "potential path for Tesla to be worth more than Apple and Saudi Aramco combined." Also in focus: AT&T and IBM jump on quarterly results, Musk on Twitter, the 10-year note yield rises to 2007 highs, but “Bond King" Jeffrey Gundlach tweets "Treasury yields may well be peaking between now and year-end."
10/20/202243 minutes, 13 seconds
Episode Artwork

Markets & Earnings: Netflix Surges, P&G Beats, United Shares Take Flight, But Yields Also Rise. 10/19/22

After a two-day market rally, Carl Quintanilla, Jim Cramer and David Faber led off the show with Netflix shares surging on much bigger-than-expected subscriber growth. Is the worst over for the stock? The anchors also reacted to earnings beats from the likes of Procter & Gamble, Travelers and United Airlines -- the legacy carrier also raising guidance due to stronger travel demand. The anchors explored what investors should make of Wednesday’s market tug-of-war, with rising bond yields offsetting upbeat earnings news. Also in focus: Fed presidents on inflation and rate hikes, bracing for Tesla's after-the-bell earnings, what Third Point's Dan Loeb told David about Disney, Adobe jumps and Generac tumbles.
10/19/202243 minutes, 15 seconds
Episode Artwork

Markets Extend Rally, Goldman Beats, Salesforce and Colgate Jump on Activist Moves and Microsoft Cuts More Jobs 10/18/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending Monday's rally as Goldman Sachs leads names posting better-than-expected earnings. The anchors reacted to what Goldman CEO David Solomon told CNBC about the possibility of a recession. While at the "13D Monitor Active-Passive Investor Summit," Faber broke news that sparked a jump in shares of Salesforce: Starboard Value has taken a stake in the Dow component. Is this a sign that enterprise software stocks are worth buying? Also in focus: Microsoft confirms additional job cuts, Johnson & Johnson earnings, buying opportunities in the banking sector, plus a "Faber Report": Dan Loeb's Third Point takes a stake in Colgate-Palmolive.
10/18/202246 minutes
Episode Artwork

Markets Rally, BofA's Earnings Beat, Apple Named a "Top Pick" and Murdoch Weighs Reuniting Fox, News Corp. 10/17/22

After Friday's sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed the new week beginning with a market rally, as investors digested new earnings reports and the U.K. reversed almost all of its tax cut plans. Bank of America posted better-than-expected quarterly results. Cramer offered his take on BofA Chair & CEO Brian Moynihan's leadership. The anchors also weighed in on a market note from Morgan Stanley Chief U.S. Equity Strategist Mike Wilson and comments from St. Louis Fed President James Bullard on hiking interest rates. Also in focus: Goldman Sachs plans an organizational shakeup, Morgan Stanley names Apple a "top pick," sources tell David that activist investor Starboard Value has taken a large stake in Splunk, plus a "Faber Report" on Rupert Murdoch considering a Fox-News Corp merger after splitting the companies a decade ago.
10/17/202243 minutes, 7 seconds
Episode Artwork

After the Massive Rebound: Big Bank Earnings, UK PM's Tax Cut U-Turn and Kroger Buys Albertsons 10/14/22

The morning after stocks staged an historic one-day turnaround, Carl Quintanilla and Jim Cramer discussed market volatility and what to make of earnings from big banks including JPMorgan Chase, Wells Fargo, Citigroup and Morgan Stanley. The anchors also reacted to UK Prime Minister Liz Truss' decision to fire the country's chancellor and reverse planned corporate tax cuts -- in wake of recent market turmoil in Britain. Also in focus: Kroger agrees to acquire supermarket rival Albertsons in a $24.6 billion deal, the Apple-Goldman Sachs high yield accounts partnership, why travel stocks are rallying, a price target hike for Netflix, a Musk-Twitter saga twist, plus the bank stock Cramer says is "low risk, high reward."
10/14/202243 minutes, 33 seconds
Episode Artwork

Inflation Report Sparks Market Sell-off, Bond Yields Jump and Alpha for Delta 10/13/22

Carl Quintanilla, Jim Cramer and David Faber led off with the big inflation news of the morning: The Consumer Price Index for September coming in hotter-than-expected -- erasing a pre-market rally, sparking a sell-off and a spike in bond yields. How do you go about finding opportunity in this market? Also in focus: Delta's record Q3 revenue and upbeat guidance, chip sector moves, gilt yields fall on reports we could see further U-turns on the UK government's mini-budget, Wall Street upgrades including Meta, Musk-Twitter latest, and what an ExxonMobil executive told David about low carbon as a growth strategy.
10/13/202246 minutes, 3 seconds
Episode Artwork

Manifest Space #20: Firefly’s First Successful Launch with CEO Bill Weber

The list of American commercial space companies with successful launches just got a little longer. Coming on the heels of its first-ever launch to orbit and satellite deployment, Morgan Brennan speaks with Firefly Aerospace CEO Bill Weber about the rocket startup’s ambitious outlook.
10/13/202228 minutes, 45 seconds
Episode Artwork

Inflation Watch, Intel Reportedly Plans Job Cuts, PepsiCo Pops, Moderna Surges and Zuckerberg Talks Metaverse 10/12/22

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to new wholesale inflation data: The September Producer Price Index jumped by a hotter-than-expected 0.4% from the previous month, but eased to 8.5% on a year-over-year basis. Cramer explains why he finds the data "disappointing," but sees PepsiCo as a bright spot after the company's quarterly earnings beat and raised guidance. Intel also in the spotlight on a published report saying the company plans to cut thousands of jobs. Also in focus: Treasury Secretary Yellen to CNBC on financial stability, President Biden's comments on the possibility of a recession, luxury retail, Moderna surges on its cancer vaccine partnership with Merck and Meta CEO Mark Zuckerberg makes the case for the metaverse.
10/12/202243 minutes, 17 seconds
Episode Artwork

Markets Slump, Dimon's 20% Message, “Fedspeak” on Rate Hike Caution, and the Gig Is "Down" for Uber and Lyft 10/11/22

Carl Quintanilla, Jim Cramer and David Faber discussed the challenges facing markets in the midst of a four-session losing streak. The anchors reacted to JPMorgan Chase CEO Jamie Dimon's comments to CNBC: He said the S&P 500 could fall "another easy 20%." The Fed in the spotlight after two policymakers called for caution regarding interest rate hikes. Also in focus: Market bright spots, shares of Uber and Lyft tumble on news of a Labor Department proposal to change independent contractor rules, Meta gets downgraded and Russia reportedly added the company to its list of terrorists and extremists, how to play the chip stock slump, and the Bank of England expands bond buying to calm markets.
10/11/202243 minutes, 27 seconds
Episode Artwork

Bouncing Between Red & Green, Evans’ Inflation Expectations, Autos Crushed, Rivian Recall, Chinese Chips Tumble 10/10/22

David Faber and Jim Cramer break down the market action of the morning, as futures popped on the heels of comments from Chicago Fed President, Charles Evans. Fed President Evans said signs of the labor market strength may be waning, that he sees rates remaining at 4.5% for some time, and restrictive financial conditions required to bring inflation down. Plus, shares of automakers were getting crushed. UBS downgraded both Ford and General Motors, saying the industry is rapidly moving toward vehicle oversupply following three years of unprecedented pricing power. Rivian shares were getting crushed after recalling nearly all of its vehicles to fix potential steering issues. Chinese chip makers got hammered after the U.S. announced new export controls aimed at limiting Beijing’s ability to produce advanced military systems. The sweeping rules mean companies must apply for a license if they want to sell certain advanced computing semiconductors or related manufacturing equipment to China. Jim and David broke down the other movers of the morning including Blackrock, Twitter, P&G, Kraft Heinz and Merck.
10/10/202243 minutes, 41 seconds
Episode Artwork

Jobs Report and "Fed for Thought", The White House Reacts, AMD Warns and the Elon Musk-Twitter Deadline 10/7/22

Carl Quintanilla, Jim Cramer and David Faber led off with the story of the morning: September employment data show non-farm jobs growth slowed to 263,000 -- while the unemployment rate fell to 3.5%. Cramer said negative market reaction to the report shows "the Fed is winning." Labor Secretary Marty Walsh joined the program with Biden Administration reaction to the jobs data. Also in focus: AMD drags down the chip sector with a revenue warning, A judge postpones the Elon Musk-Twitter trial and sets a deadline for both sides to close the deal, and "emotional sales" in the tech sector.
10/7/202243 minutes, 35 seconds
Episode Artwork

Markets Watching "Fedspeak" and Inflation, White House Slams OPEC+, and the Musk-Twitter Saga Rolls On 10/6/22

Carl Quintanilla, Jim Cramer and David Faber explored choppy moves in the markets, as investors focus on Fed policymakers' comments about inflation and the path ahead for interest rate hikes. Cramer weighs in on whether or not the chip sector has bottomed out. Oil prices in the spotlight: The White House blasts OPEC+ after the group agreed to a two million barrels per day output cut on Wednesday. Also in the mix: The latest on Elon Musk's attempt to buy Twitter, the challenges facing Meta, more job cuts at Peloton and how certain stocks are moving on CEOs' pricing comments.
10/6/202243 minutes, 50 seconds
Episode Artwork

Q4 Rally Takes a Detour, OPEC+ Deep Cuts Watch, and Elon Musk's About-Face on $44B Twitter Deal 10/5/22

Carl Quintanilla, Morgan Brennan and Mike Santoli discussed what to make of stock markets pulling back after their biggest two-day gains in more than two years. Energy in the spotlight: A report from on the ground at the OPEC+ meeting in Vienna, Austria as oil ministers discuss cutting output. What are energy CEOs saying about it? Also in focus: The future for Twitter now that Elon Musk has changed course and wants to go forward with the $44 billion takeover deal, San Francisco Fed President Mary Daly on "toxic" inflation, Amazon's hiring freeze, Morgan Stanley's Adam Jonas' note on Ford and General Motors, and what L3 Harris' CEO told Morgan about OPEC+ and its potential impact on the defense industry.
10/5/202243 minutes, 9 seconds
Episode Artwork

Q4 Rally Day 2, Oil Surges Ahead of OPEC+, and Finding Value In This Market. 10/4/22

One day after stocks kicked off the fourth-quarter with a big rally, Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending their surge while Treasury yields pull back -- and oil prices continue to spike on expectations OPEC and its allies will cut oil output at their meeting on Wednesday. What does it all mean for your money and buying opportunities? Also in focus: "Fedspeak" watch, Morgan Stanley analyst Adam Jonas' note on auto sales, Ford's sales report card, Cathie Wood's ARK snaps up Tesla shares, playing the chips, Micron pledges a $100 billion chip factory investment in upstate New York, Credit Suisse shares extend rebound, and Cramer's case for buying P&G
10/4/202242 minutes, 57 seconds
Episode Artwork

It's October! Stocks and Oil Surge, Tesla Falls, Credit Suisse On Defense and Kim Kardashian Settles SEC Charges 10/3/22

Carl Quintanilla, Jim Cramer and David Faber explored the market rally kicking off the first trading day of October. The anchors reacted to the latest calls by equity strategists at Morgan Stanley, Goldman Sachs and Citi. Crude oil and energy stocks jumped on reports OPEC+ countries are mulling an oil output cut. Also in focus: Tesla shares fall despite record third-quarter deliveries, Credit Suisse's CEO tries to reassure investors amid a stock slide, The UK prime minister's tax cut U-turn, and Kim Kardashian agrees to pay the SEC more than $1 million to settle charges linked to a crypto promo on her Instagram.
10/3/202243 minutes, 17 seconds
Episode Artwork

End of September and Q3: Bulls Say "Good Riddance," Nike Slumps and An Exclusive With Micron's CEO. 9/30/22

Carl Quintanilla, Jim Cramer and David Faber keep an eye on "Fedspeak" on the final trading day of a rough September and third quarter for the broader market. The anchors reacted to Morgan Stanley CEO James Gorman telling CNBC he's "not seeing panic." Earnings also in the spotlight: Nike shares tumble despite a quarterly beat, with margins being pressured amid excess inventory and a stronger dollar. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss the chipmaker's quarterly results and why it sees tougher times ahead. Also in focus: Guidance and losses send Carnival shares toward 30-year lows, SPAC dreams die and Meta's hiring freeze -- what's next for the stock?
9/30/202245 minutes, 57 seconds
Episode Artwork

Manifest Space #19: SpaceX’s Astronaut Corps with Jared Isaacman

SpaceX and Shift4 CEO Jared Isaacman are heading back to space-- training for the first of three human space flights under the Polaris program. Polaris establishes a private astronaut corps for SpaceX and will culminate in the inaugural flight of mega Starship rocket with people onboard. Polaris Dawn is set to launch as early as December, with the first ever commercial spacewalk and test of Starlink communications. The tech billionaire joins Morgan in the midst of fighter jet training to talk SpaceX and the state of commercial space.
9/29/202215 minutes, 34 seconds
Episode Artwork

Sell-off Erases Wednesday's Rally, Apple Falls on Downgrade, and a "Sea of Red" for Tech 9/29/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets wiping out gains from Wednesday's rally as bond yields resume their increase amid worries about higher rates, inflation and slower growth. Early in Thursday's session, all Nasdaq 100 stocks were moving to the downside. Where are the buying opportunities? The anchors also reacted to dueling Apple calls: Bank of America downgrades the stock, while Rosenblatt upgrades it. Also in focus: Cleveland Fed President Loretta Mester on inflation and rates, What Blackstone President & COO Jonathan Gray told at "Delivering Alpha" and CarMax tumbles on an earnings miss, citing "affordability challenges."
9/29/202243 minutes, 15 seconds
Episode Artwork

Markets on "Delivering Alpha" Day, Bank of England's Intervention, Apple Slumps and Biogen Soars 9/28/22

With CNBC's "Delivering Alpha" investor summit underway, Carl Quintanilla, Jim Cramer and David Faber discussed volatility in stocks and bonds -- one day after the Dow and S&P 500 hit intraday lows not seen since November 2020. The Bank of England announced it would temporarily buy bonds to calm markets roiled by reaction to the UK government's tax-cutting plans. Apple shares fell on a published report stating the company is backing off plans to boost production of the iPhone 14. Hear what Cramer had to say about the market reaction. Also in focus: Biogen shares soar on trial results involving its Alzheimer's drug, Ford vs. GM, Musk-Twitter update, and what JPMorgan Chase's Asset and Wealth Management CEO told the "Delivering Alpha" conference about "finding alpha" in this market environment.
9/28/202243 minutes, 17 seconds
Episode Artwork

Markets Rebound, Fed Tug-of-War, Cathie Wood's Recession View and Bitcoin Back Above $20K 9/27/22

The morning after the Dow slumped into bear market territory, Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to snap a five-session losing streak -- this as some Fed policymakers don't see eye-to-eye on how aggressively to hike rates. Cramer outlined what it would take for the bulls to feel comfortable in this environment. The anchors reacted to Ark Invest CEO Cathie Wood telling CNBC "We believe we are in recession." Also in focus: Bitcoin rises back above $20,000, the tech IPO drought, lots of electric vehicle news, Biogen's $900 million settlement and Hurricane Ian's impact on "big oil" production.
9/27/202243 minutes, 23 seconds
Episode Artwork

Markets After a Rough Week, the Pound Gets Pounded, Apple's India Shift and Jerry Jones at the NYSE 9/26/22

Amid investor jitters surrounding the global economy, Carl Quintanilla, Morgan Brennan and Mike Santoli explored what to make of markets trying to bounce back from a week of selling -- including the Dow's lowest close since November 2020. The anchors reacted to developments in Europe including the British pound tumbling to a record low against the dollar on UK tax cut plans. Energy prices and NFL talk: Dallas Cowboys owner Jerry Jones and Comstock Resources CEO Jay Allison joined the program after ringing the NYSE opening bell. Jones is a majority stakeholder in Comstock. Also in focus: Apple has begun manufacturing the iPhone 14 in India, Macau casino stocks rally, and Rihanna to perform in the Apple Music-sponsored Super Bowl halftime show.
9/26/202243 minutes, 38 seconds
Episode Artwork

Markets In Turmoil: Dow Breaks Below 30K, Goldman Slashes S&P 500 Target, and An Exclusive With Robinhood's CEO 09/23/22

The post-Fed rate hike sell-off rolls on. Carl Quintanilla, David Faber and Morgan Brennan discussed market jitters surrounding rising rates and fears about a potential recession. The Dow falls below 30,000 and breaks its June low, as bond yields continue to climb. The anchors reacted to Goldman Sachs cutting its year-end target on the S&P 500 to 3,600 from 4,300. Robinhood CEO Vlad Tenev joined the show exclusively to discuss everything from reports that the SEC will not ban payment for order flow -- to the company's new 3% interest rate benefit for top tier members. Also in focus: FedEx plans to hike shipping rates and cut costs, market reaction to Costco earnings, tax cuts in the UK, Apple Music becomes the new sponsor of the Super Bowl halftime show, and sources tell David that Credit Suisse is not pursuing a capital raise.
9/23/202246 minutes, 12 seconds
Episode Artwork

Volatility After the Fed-Fueled Sell-off, the 2-Year Yield Beyond 4%, All Things Meta, and Robinhood Rallies 9/22/22

The morning after the Fed's latest 75 basis point rate hike, Carl Quintanilla, Jim Cramer and David Faber discussed stocks struggling to rebound from Wednesday's sell-off -- especially with the 2-year yield surging above 4%. Cramer weighs in on what Fed Chair Jerome Powell's goal to "really crush inflation" could mean for your money. The anchors reacted to what "Bond King" Jeffrey Gundlach told CNBC about the odds of a recession in 2023. Also in focus: Mixed results for homebuilders, the future for Meta and the Metaverse, Robinhood shares jump on a report regarding the SEC, JPMorgan Chase CEO Jamie Dimon calls crypto a "decentralized Ponzi scheme", Salesforce Co-CEO Bret Taylor's comments on profitability, Elon Musk vs. Twitter and Taylor's role as company chairman, and food stocks as bright spots.
9/22/202243 minutes, 19 seconds
Episode Artwork

Bracing for the Fed, Defense Stocks and Crude Jump on Putin Comments, and Big Bank CEOs Head to the Hill 9/21/22

Carl Quintanilla, Jim Cramer and David Faber discussed what investors need to know ahead of Wednesday's Fed interest rate hike decision and statement. Ahead of President Biden's speech to the United Nations General Assembly, the anchors reacted to Russian President Vladimir Putin accusing the West of "nuclear blackmail" and announcing a military draft for the war in Ukraine. Defense stocks and crude oil prices jumped on his remarks. Also in focus: CEOs of the biggest U.S. banks head to Capitol Hill to testify before House lawmakers, Salesforce Chair & Co-CEO Marc Benioff and Nvidia CEO Jensen Huang talk to CNBC, and Charter's Tom Rutledge to step down as CEO.
9/21/202243 minutes, 28 seconds
Episode Artwork

The Fed Waiting Game, the 2-Year Yield vs. Stocks, Ford Warns and the "SPAC King" Shutting Two SPACs 9/20/22

Carl Quintanilla, Jim Cramer and David Faber explored the market moves as the Fed begins its two-day policy meeting. Amid expectations of an aggressive rate hike, should you park your money in a 2-year note yielding close to 4% -- or stocks? Cramer weighs in. The anchors reacted to what the CEOs of Home Depot and Intuit told CNBC about inflation and the consumer. Also in focus: Ford's third-quarter warning due to supply costs and parts shortages, Microsoft's dividend hike, venture capitalist Chamath Palihapitiya closing two SPACs, a judge denies the Department of Justice's request to block the UnitedHealth-Change Healthcare merger deal and Amazon offers a bullish take on streaming Thursday Night Football.
9/20/202242 minutes, 56 seconds
Episode Artwork

Fed Rate Decision Week and the Markets, Bitcoin Falls Below $19K, and the “Grand Theft Auto VI” Hack 9/19/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets trying to shrug off fears of aggressive interest rate hikes at this week's Fed meeting, with the ten-year note yield hitting its highest level since April 2011. The anchors reacted to President Biden's comments to CBS' "60 Minutes" about inflation. Crypto also in the spotlight with bitcoin falling below $19,000 to a four-month low on rate jitters. Also in focus: Take-Two Interactive’s Rockstar Games unit confirms a hacker leaked in-development footage from its upcoming "Grand Theft Auto VI" videogame, Amazon as a post-pandemic play, Meta shares trying to rebound, homebuilder stocks get upgraded, and Britain says its final goodbye to Queen Elizabeth II.
9/19/202243 minutes, 8 seconds
Episode Artwork

FedEx’s Global Recession Warning, GE’s Supply Chain Woes, Paramount CEO Bob Bakish 9/16/22

Carl Quintanilla, Jim Cramer and David Faber discuss the market selloff, picking up steam, after a stark warning from the CEO of FedEx. Raj Subramaniam joining Jim on “Mad Money” warning of a global recession, “I think so. But you know, these numbers, they don’t portend very well.” Shares of FedEx hammered after results missed on both the top and bottom lines. The company also withdrew its full-year guidance and announced significant cost-cutting measures including deferred hiring and shutting 90 offices and five corporate offices. Jim and David hone in on GE for the “Mad Dash” after the company said supply chain issues continued to weigh on the third quarter. Carl, Jim and David break out the other big movers of the morning including Uber, NCR, Apple, Huntsman and Tesla. David gives a sneak peak of his interview with Paramount CEO Bob Bakish, singing a more optimistic tune about the ad market.
9/16/202243 minutes, 11 seconds
Episode Artwork

CEO Tripleheader: Disney, Verizon and Adobe 9/15/22

As stocks try to rebound from Tuesday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to an unexpected rise in August retail sales and the White House announcing a tentative labor agreement to avert a national railway strike. Adobe shares tumbled to become the morning's worst performer on the S&P 500. The company's CEO Shantanu Narayen joined the program after announcing quarterly results, guidance and a $20 billion cash-and stock deal to acquire online design startup Figma. David had a pair of exclusive interviews: Disney CEO Bob Chapek and Verizon CEO Hans Vestberg. Also in focus: Big gainers including Netflix on a Wall Street upgrade and Humana on raised guidance.
9/15/202246 minutes, 20 seconds
Episode Artwork

Morning After the 1,200-Point Sell-off, The Inflation Effect, and Mortgage Rates Top 6% 9/14/22

Carl Quintanilla and Jim Cramer explored the markets trying to rebound after Tuesday's consumer inflation report and interest rate hike fears resulted in the worst day for stocks since June 2020 -- including the Dow's more than 1,200-point drop. Fresh wholesale inflation data show the Producer Price Index fell 0.1% in August from the previous month. Cramer highlighted where to put your money in this environment. He also explained why he believes Costco's data is better than the government's when it comes to inflation. Also in focus: Mortgage rates surpass 6% for the first time since 2008, why Jim thinks the 2-year note is "the worst stock in the world," the buybacks bandwagon, Meta shares hit new lows for the year and what Starbucks founder Howard Schultz told CNBC about a "new era" for the company.
9/14/202243 minutes, 21 seconds
Episode Artwork

Inflation Report Sparks Market Sell-off: What Should Investors Do Now? 9/13/22

Carl Quintanilla, Jim Cramer and David Faber led off with the big story of the morning: Consumer inflation data erasing a pre-market rally and sparking a sell-off. The Consumer Price Index for August up 8.3% year-over-year, moderating for a second straight month but still hotter than what most economists had be expecting. The anchors discussed how investors should react to the market moves, rate hike fears and where to find buying opportunities. Also in focus: The Twitter whistleblower heads to Capitol Hill, Starbucks' "Investor Day," J.P. Morgan sees a "soft landing," Oracle's earnings, and the executive shakeup at Peloton.
9/13/202248 minutes, 22 seconds
Episode Artwork

Markets Extend Rally, U.S. vs. China on Chips, Loeb's ESPN Spin-off U-Turn, and Bitcoin 22K 9/12/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets aiming for a fourth straight day of gains ahead of key inflation data due out Tuesday. Cramer explained what he finds "most interesting" about this market moment. Jim is in Seattle and previewed Monday night's "Mad Money" interviews with the CEOs of Amazon Web Services and Expedia. Also in focus: President Biden reportedly ramping up curbs on U.S. chip exports to China, billionaire investor Dan Loeb signals that he is no longer calling on Disney to spin off ESPN, Twitter calls Elon Musk's latest push to terminate their $44 billion deal "invalid," the potential railroad workers' strike, and bitcoin jumps back above 22,000.
9/12/202243 minutes, 19 seconds
Episode Artwork

Bulls Poised for Positive Week, The Debate Over Powell, Kroger's Earnings Boost, and Remembering Queen Elizabeth II 9/9/22

Carl Quintanilla, David Faber and Sara Eisen led off the show with a look at the broader markets on track to snap a three-week losing streak. Is now the time to buy? Two strategists join the discussion. The anchors also reacted to differing views about Fed Chair Jerome Powell from former Fed Vice Chair Richard Clarida and RH CEO Gary Friedman. Also, a report from on the ground in the UK one day after Queen Elizabeth's death: King Charles III and the Queen Consort visit Buckingham Palace and greet crowds as Britain begins ten days of mourning. Also in focus: Guggenheim's Scott Minerd told CNBC how low the S&P 500 has to go for him to become a buyer, T-Mobile's $14 billion share buyback program, and the morning’s earnings winners including Kroger and DocuSign.
9/9/202242 minutes, 21 seconds
Episode Artwork

Fed Chair Powell Speaks On Battling Inflation -- and the Markets React 9/8/22

Carl Quintanilla, David Faber and Mike Santoli discussed the path ahead for interest rates, the markets and what investors should make of comments made by Federal Reserve Chair Jerome Powell during the program. At a virtual conference hosted by the Cato Institute, Powell said the Fed needs to do what's necessary to battle inflation and "keep at it until the job is done." He also weighed in on crypto and the state of the labor markets. Also in focus: The economic message from tech CEOs at the Code Conference.
9/8/202257 minutes, 13 seconds
Episode Artwork

Talking "Code" From Google's CEO to Mark Cuban, Fed "75" Watch, and Judge to Musk: No Twitter Trial Delay 9/7/22

Carl Quintanilla led off the show from the Code Conference in Beverly Hills, California. Highlights included comments by Alphabet and Google CEO Sundar Pichai as well as Mark Cuban. The billionaire investor spoke about crypto and taxes -- and had some choice words for Senator Elizabeth Warren. David Faber, Sara Eisen and Carl discussed markets trying to shrug off a report which states the Fed appears on track for another 75 basis point rate hike. Former Goldman Sachs Asset Management Chairman Jim O'Neill joined the discussion. Also in focus: A Delaware judge allows Elon Musk to add whistleblower claims to his countersuit against Twitter, but rejects Musk's request to delay the trial.
9/7/202243 minutes, 35 seconds
Episode Artwork

Stocks Try To Rally, Europe’s Energy Crisis, Ukrainian President Zelenskyy Rings the Opening Bell, 9/6/22

Carl Quintanilla, Mike Santoli and David Faber began the hour by breaking down the markets coming off their third-straight week of losses, and the Nasdaq hoping to avoid its 7th negative session in a row. Goldman’s chief economist Jan Hatzius posted a note saying he believes the “U.S. economy can achieve a soft landing, even though the path is narrow.” The anchors then hit the European energy crisis as Russia confirmed it would suspend its Nord Stream gas pipeline to Europe indefinitely. Also under pressure are Chinese stocks, with the country locking down 65 million of its citizens under COVID restrictions. Also in focus: Ukrainian President Volodymyr Zelenskyy virtually rang the opening bell at the NYSE.
9/6/202243 minutes, 10 seconds
Episode Artwork

Jobs Report Reaction, Starbucks Picks a New CEO, Lulu's Big Lift and an Exclusive With QB Russell Wilson and Carrier's CEO 9/2/22

Carl Quintanilla, David Faber and Leslie Picker discussed market reaction to the August jobs report which showed non-farm payrolls up 315,000 – a pullback from July -- and the unemployment rate ticking higher to 3.7-percent. National Economic Council Director Brian Deese appeared on the program with White House reaction to the report, plus his views on inflation and lower energy prices. In an exclusive, Denver Broncos quarterback Russell Wilson and Carrier CEO Dave Gitlin spoke about their new clean air partnership. Wilson also offered his take on the NFL as well as investing after signing a five-year, $245 million contract extension. Also in focus: Starbucks names its next CEO, Lululemon surges on earnings and guidance, and Nvidia one day after the stock fell sharply to new 52-week lows.
9/2/202245 minutes, 11 seconds
Episode Artwork

U.S. to Nvidia and AMD: Halt Top AI Chip Sales to China, Tech Leads More Selling, and An Exclusive With Campbell Soup's CEO. 9/1/22

After a rough August for stocks, Carl Quintanilla, Jim Cramer and David Faber explored where investors should put their money in September, with the major indices in the midst of a four-session losing streak on interest rate fears. Chip stocks under pressure after Nvidia and AMD said the U.S. imposed new licensing rules -- and told them to stop exporting and selling their top artificial intelligence chips to China. Campbell Soup shares down sharply in reaction to the company's quarterly results and guidance. CEO Mark Clouse joined the show exclusively to discuss earnings, inflation, pricing power and the supply chain. Also in focus: What's pressuring the biggest losers in the tech sector, crude oil slides, and U.K regulators scrutinize the Microsoft-Activision deal.
9/1/202243 minutes, 51 seconds
Episode Artwork

Markets, the Consumer, the Fed Effect, Bed Bath Plunges and Snap Surges 8/31/22

On a busy final trading day of August, Carl Quintanilla, Jim Cramer and David Faber discussed the markets in the midst of a three-day losing streak -- as Fed officials double down on saying they'll do what it takes on the interest rate front to battle inflation. The anchors explored the impact of slowing consumer and corporate demand on the likes of HP Inc., Chewy, PVH and Seagate. Also in focus: Shares of Bed Bath & Beyond down double-digits after announcing a turnaround plan including new financing commitments, store closings and job cuts, Snap's restructuring announcement gives the stock a boost, Goldman Sachs lifting COVID-19 requirements in most of its offices, and the FDA authorizes Pfizer and Moderna's updated booster shots targeting the Omicron variant.
8/31/202245 minutes, 54 seconds
Episode Artwork

Musk's New Push to Exit Twitter Deal, Exxon-Russia Dispute, Best Buy's Boost and the "Powell Sell-off" 8/30/22

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing Elon Musk's newest filing aimed at terminating his agreement to buy Twitter -- he cites whistleblower allegations against the company. The anchors also explored the markets looking to rebound from two days of selling due to Fed Chair Jerome Powell's Jackson Hole comments. Also in focus: ExxonMobil's project dispute with Russia intensifies, Best Buy spikes on an earnings beat, energy stocks fall, meme stocks' volatility, plus shares of First Solar heat up -- how $1.2 billion fits into the picture.
8/30/202242 minutes, 6 seconds
Episode Artwork

Manifest Space Episode #18: Hypersonic Space with Ursa Major CEO Joe Laurienti 8/30/22

For spaceflight, propulsion engines are essential to launching a growing number of space launches and demand for hypersonic missiles. Morgan discusses rocket demand and manufacturing with Ursa Major Technologies CEO Joe Laurienti.
8/30/202222 minutes, 32 seconds
Episode Artwork

Extension of the "Powell Sell-off": How Should Investors Navigate the Markets? 8/29/22

Carl Quintanilla, Jim Cramer and David Faber focused on the markets extending losses from Friday's big sell-off, which was sparked by Fed Chair Jerome Powell's hawkish comments at the Jackson Hole summit. Where can investors hide in this environment? Also in focus: Elon Musk in Norway with a message on oil, gas and Tesla, why Chinese stocks are rallying, Senator Elizabeth Warren "very worried" that the Fed could cause a recession, and what SEC Chair Gary Gensler told Jim and David about remote work versus returning to the office.
8/29/202226 minutes, 14 seconds
Episode Artwork

Powell Jackson Hole Speech Day, Amazon-EA Deal Speculation and SEC Chair Gensler on China and Crypto. 8/26/22

Jim Cramer and David Faber discussed what's at stake for the markets heading into Fed Chair Jerome Powell's much-anticipated speech at the Jackson Hole Economic Symposium. Electronic Arts shares jumped on a report that Amazon would announce a deal to acquire the videogame publisher, but sources tell David that Amazon is not expected to make such a bid. SEC Chair Gary Gensler joined the program to discuss the commission's preliminary deal with Chinese regulators, plus his take on crypto regulation. Also in focus: Reaction to earnings reports from the likes of Gap and Dell, and a judge orders Twitter to give Elon Musk more spam account data.
8/26/202247 minutes, 37 seconds
Episode Artwork

Fed Summit Kicks Off, Guidance Hits Salesforce and Nvidia, Snowflake Heats Up and Peloton's $1.2B Loss. 8/25/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to big tech earnings: Shares of Salesforce and Nvidia each down sharply on guidance that overshadowed both companies' quarterly results. The Fed also in the spotlight as the Jackson Hole Economic Symposium gets underway ahead of Friday's much-anticipated speech by Fed Chair Jerome Powell. The anchors discussed what Kansas City Fed President Esther George told CNBC about the state of inflation. Also in focus: Peloton shares tumble after the company missed expectations with a $1.2 billion quarterly loss, Snowflake shares surge on the cloud data platform's revenue beat, Tesla's 3-for-1 stock split goes into effect, and Amazon shutting down its telehealth service.
8/25/202243 minutes, 7 seconds
Episode Artwork

Fed Ahead of the "Hole", Housing Cooldown Worries and Retail Detail: Bed Bath Surges and Nordstrom Tumbles. 8/24/22

Carl Quintanilla, Jim Cramer and David Faber discussed markets, the Fed and potential rate hikes ahead of the Jackson Hole Economic Symposium set to begin on Thursday. The anchors reacted to Minneapolis Fed President Neel Kashkari's biggest fear when it comes to battling inflation. Housing cooldown concerns also in the spotlight after luxury homebuilder Toll Brothers lowered full-year deliveries guidance. Carl, Jim and David covered the bases on retail, including shares of Bed Bath & Beyond surging on a report stating the company had reached a financing pact, while Nordstrom shares tumbled on the department store chain’s outlook. Also in focus: Peloton strikes a deal to sell products on Amazon, T-Mobile U.S. nearing Verizon's market cap, a preview of after-the-bell earnings from Salesforce, Nvidia and Snowflake, plus David on Elon Musk vs. Twitter and what to expect from their Wednesday afternoon hearing.
8/24/202242 minutes, 22 seconds
Episode Artwork

CNBC SPECIAL: ExxonMobil at the Crossroads Part 2

Responding to the Demand for Oil...and Chemicals: CNBC Correspondent David Faber continues his analysis of energy giant ExxonMobil by examining the company’s quest for new oil sources, specifically in Guyana, a pristine South American country whose waters ExxonMobil estimates hold more than 12 billion gallons of crude oil. The potential rewards for ExxonMobil and Guyana may be enormous, but the controversies and risks involved with drilling in one of the world’s most unspoiled areas are daunting. Faber also explores another area of massive growth for ExxonMobil, even as the world slowing inches away from fossil fuels: plastics. ExxonMobil CEO Darren Woods shows Faber a massive new production facility for plastics components in Corpus Christi, Texas. Like its hunger for cheap, reliable energy, the world’s demand for plastics seems insatiable, and Faber questions ExxonMobil about whether the company is responding to demand, or driving it. For more CNBC Documentaries: cnbc.com/documentaries
8/24/202224 minutes, 12 seconds
Episode Artwork

CNBC SPECIAL: ExxonMobil at the Crossroads Part 1

ExxonMobil and the Energy Transition: CNBC’s David Faber begins his comprehensive look at ExxonMobil with a journey to the company’s New Mexico operations in the Permian Basin, the world’s most productive petroleum region.  He also dives into the history of ExxonMobil, explores criticism that the company fostered public uncertainty about climate change and recounts the 2021 shareholder rebellion that led to three new directors being named to Exxon’s board.  Faber interviews CEO Darren Woods on the pressures he faces to increase production, decrease carbon emissions, and keep his shareholders happy.  With an examination of Exxon’s energy transition projects in Houston and New Jersey, Faber also finds out that some experts question whether the company’s goals are adequate or feasible.  He interviews activists who fear ExxonMobil is prolonging society’s dependence on fossil fuels and delaying progress of an essential shift towards sustainable, renewable energy. For more CNBC Documentaries: cnbc.com/documentaries
8/24/202236 minutes, 9 seconds
Episode Artwork

Morning After the Sell-off, Twitter Whistleblower Allegations, Palo Alto Surges, Zoom Tumbles and Macy's Beats. 8/23/22

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for stocks after the worst one-day performance for the markets since mid-June. Cramer explained how investors should navigate a "bipolar market." The anchors also reacted to an explosive whistleblower complaint by a former cybersecurity chief at Twitter -- news first reported by the Washington Post and CNN. He accuses Twitter of various egregious security flaws and oversights. Also in focus: Elon Musk subpoenas former Twitter CEO Jack Dorsey, Palo Alto and Macy's beat the street, "meme stock madness" one day after AMC's "APE" debut, Zoom tumbles on lowered guidance, and Intel teams up with Brookfield in a $30 billion chip factory investment deal.
8/23/202242 minutes, 53 seconds
Episode Artwork

Rate Fears Roil Markets, AMC Plunges While "APE" Swings, Bed Bath Sinks Again, and Is Amazon Signify-ing a Bid? 8/22/22

Carl Quintanilla, Jim Cramer and David Faber explored markets under pressure amid concerns about the potential for more aggressive rates hike by the Fed. Investors are bracing for Fed Chair Jerome Powell's speech at the Jackson Hole symposium later this week. The anchors also stayed on top of the "meme stock madness": AMC Entertainment shares plunge in reaction to rival Cineworld’s bankruptcy warning – amid a volatile trading debut for AMC’s Preferred Equity Units (ticker symbol "APE"), while Bed Bath & Beyond shares tumble again in wake of investor Ryan Cohen selling his entire stake in the struggling retailer. Also in focus: Amazon reportedly among the companies bidding for Signify Health, sending shares of the healthcare platform soaring.
8/22/202243 minutes, 42 seconds
Episode Artwork

Cohen Sells and Bed Bath Plunges, Fedspeak vs. Win Streaks, and the "Buybacks Bandwagon" 8/19/22

Carl Quintanilla, David Faber and Mike Santoli led off with Bed Bath & Beyond: Shares plunging after investor Ryan Cohen confirmed he has sold his entire stake in the company. The anchors also explored market reaction to Fed officials' comments about inflation and interest rate hikes. With the S&P 500 and Nasdaq in the midst of four-week win streaks, are the markets overbought? Also in focus: New stock buyback moves by Home Depot and GM, crypto tumbles, Wayfair cuts jobs, and Foot Locker soars on its new CEO announcement.
8/19/202243 minutes, 14 seconds
Episode Artwork

Bed Bath & Beyond Tumbles after Cohen Files for Stake Sale, and Cisco Surges: An Exclusive With the CEO 8/18/22

Jim Cramer and David Faber explored the "meme stock madness" involving Bed Bath & Beyond: The stock tumbled in reaction to GameStop CEO Ryan Cohen filing to sell his entire stake in the company. BBBY had month-to-date gains of about 360% at Wednesday's close of trading. How should the SEC view it all? Cisco Chairman & CEO Chuck Robbins joined Jim and David on set for an exclusive interview. The company's quarterly results, outlook and supply chain comments sent the stock up sharply. Also in focus: Kohl's shares take a hit on another busy day of retail earnings, Verizon gets slapped with an "underperform" rating by MoffettNathanson, and fresh perspectives on Apple shares rebounding by more than 30% over the last two months.
8/18/202245 minutes, 19 seconds
Episode Artwork

Target Off The Mark, Bed Bath Soars Again and Musk's "Joke" Tweet: Man U Manipulation? 8/17/22

Jim Cramer and David Faber led off the show with another day of retail earnings, reacting to Target's profit miss, Lowe's mixed results and something about TJX that might surprise you. The anchors also discussed more "meme stock madness": Shares of Bed Bath & Beyond soaring again. Retail investors snapped up the stock in reaction to GameStop Chairman Ryan Cohen's latest bet on BBBY. Elon Musk tweeted that he was buying legendary soccer team Manchester United, sending the stock soaring -- but he later added it was just a "joke." Also in focus: Playing the energy sector, plus Apple shares continue to rebound, moving closer to recouping its losses for the year.
8/17/202242 minutes, 43 seconds
Episode Artwork

Walmart and Home Depot Earnings Reaction, Buffett and Tepper's Money Moves and "Rooting for the China Slowdown." 8/16/22

Jim Cramer and Sara Eisen delved into big retail earnings: Walmart shares jumped after quarterly results surpassed analyst expectations that were lowered due to a profit warning in July, while Home Depot posted record profits and revenue. Jim and Sara assessed the impact of changing consumer habits and which retail names can best navigate inflation. Cramer also explained why he's "rooting for the China slowdown." Also in focus: Warren Buffett's Berkshire Hathaway and David Tepper's Appaloosa Management disclose what they're buying and selling in 13F regulatory filings, Apple reportedly ramping up its back to the office push, and the anchors assessed Bob Chapek's leadership as CEO of Disney after activist investor Dan Loeb disclosed a stake in the company.
8/16/202242 minutes, 42 seconds
Episode Artwork

Markets and the China Surprise, Unity Rejects AppLovin, and Job Cuts at Peloton and Best Buy 8/15/22

Jim Cramer and David Faber led off the show with market concerns surrounding slowing growth in China. The country's central bank unexpectedly cut two key interest rates in wake of weaker-than-expected economic data. Crude prices and energy stocks were hit hardest by the news. The anchors explored how investors should play the energy sector. Also in focus: Unity Software reaffirms its merger deal with ironSource and rejects AppLovin's unsolicited takeover bid, Peloton and Best Buy announce planned job cuts amid lower consumer demand, Tesla's stock rebound accelerates, and record profits for oil giant Saudi Aramco.
8/15/202243 minutes, 24 seconds
Episode Artwork

The August Rally, Rivian's Big Loss, Chinese Delistings at the NYSE and Can Apple Sustain iPhone Sales? 8/12/22

David Faber, Leslie Picker and Mike Santoli discussed the stocks driving this month's market gains -- and weighed in on the skeptics who believe that the August rally doesn't have legs. The anchors also reacted to a report stating Apple expects to sustain iPhone sales this year despite the global electronic slowdown. Also in focus: Rivian's wider quarterly loss and what the Inflation Reduction Act means for the electric vehicle maker, activist investor ValueAct discloses a stake in the New York Times, five Chinese state-owned companies plan to delist from the NYSE, and Amazon shares up 30% in the last three months but still down for the year: Is now the time to buy?
8/12/202243 minutes, 26 seconds
Episode Artwork

The Inflation Rally Rolls On, Magic for Disney, the "Zantac Effect," and the CEO of Devon Energy -- a Red-Hot Stock. 8/11/22

Jim Cramer and David Faber led off the show with another inflation report extending the market rally: The Producer Price Index for July fell unexpectedly month-on-month for the first time in more than two years, though still up 9.8% from a year ago. The anchors also reacted to Disney shares surging on quarterly results, driven by record theme park revenue, bigger-than-expected Disney+ subscriber growth and plans for a new pricing structure -- including a hike in streaming subscription fees. Devon Energy CEO Rick Muncrief joined the program. Heading into Thursday’s trading session, Devon shares were up more than 280% since the beginning of 2021. Also in focus: Drugmakers GSK and Sanofi take a hit on litigation concerns surrounding heartburn drug Zantac.
8/11/202243 minutes, 23 seconds
Episode Artwork

Inflation Data Fuels Big Rally for Stocks and Elon Musk Sells More Tesla Shares 8/10/22

Jim Cramer and David Faber focused on the stocks leading Wednesday's big stock market rally, sparked by cooler-than-expected inflation data. The Consumer Price Index for July easing from a four-decade high, fueling investor hopes that the Fed might take a 75 basis point rate hike off the table in September. The anchors reacted to Elon Musk's decision to sell nearly $7 billion worth of Tesla shares amid his legal battle to exit his $44 billion deal to buy Twitter. Also in focus: What to make of this year's meltdown in media stocks ahead of Disney's after-the-bell earnings, Softbank reducing its stake in Alibaba, and Coinbase's billion-dollar loss.
8/10/202244 minutes, 9 seconds
Episode Artwork

Micron CEO on the CHIPS Act and the Company's Warning. Also: "Meme Stock Madness" Returns. 8/9/22

Jim Cramer and David Faber took an in-depth look at weakness in the chip sector after a revenue warning from Micron due to slumping demand. Micron CEO Sanjay Mehrotra joined the program from the White House ahead of President Biden's signing of the CHIPS and Science Act into law. The anchors also explored the massive rebound in "meme stocks" such as AMC, GameStop and Bed Bath and Beyond -- with BBBY doubling month-to-date. Also in focus: AppLovin's unsolicited takeover bid for Unity Software, Novavax plunges after slashing its sales forecast, and more pain for gaming as Take-Two Interactive issues weaker-than-expected revenue guidance.
8/9/202246 minutes, 27 seconds
Episode Artwork

Manifest Space Episode #17: 3D Printing Rockets with Velo3D CEO Benny Buller 8/9/22

3D printing technology is gaining traction as supply chain crunches adds pressure to industrial manufacturing. Morgan discusses the advantages of additive manufacturing for the aerospace sector with founder & CEO Benny Buller.
8/9/202235 minutes
Episode Artwork

"Inflation Reduction Act" Effect on Stocks, Nvidia Warns and An Exclusive With the DoorDash CEO 8/8/22

Jim Cramer and David Faber covered all of the bases surrounding Nvidia's revenue warning on gaming weakness. What's at stake for the semiconductor industry and videogame publishers? The anchors also explored market reaction to the "Inflation Reduction Act" passed by the U.S. Senate: Clean energy funding and incentives in the bill giving a boost to shares of electric vehicle makers and solar companies. DoorDash Co-Founder & CEO Tony Xu joined the program exclusively -- on the heels of the company's record food-delivery orders. Also in focus: The tech rout hits Softbank's quarterly results, Elon Musk tweets a debate challenge to Twitter's CEO, and Carlyle's CEO steps down.
8/8/202247 minutes, 38 seconds
Episode Artwork

July Jobs Surprise, Musk Takes the Stage, AMC CEO Adam Aron 8/5/22

Carl Quintanilla and Jim Cramer began the hour by breaking down the July jobs report with nonfarm payrolls rising 528,000 topping the 258,000 estimate. They then turned to another batch of earnings with names like Expedia, Warner Brothers Discovery and AMC Entertainment all reporting results. AMC CEO Adam Aron joined the show later that hour after the company announced it is planning to issue 517 million shares of preferred stock, under the ticker symbol ‘APE.’ Also in focus: Tesla held its annual shareholders meeting where Elon Musk took the stage. He predicted a mild 18-month recession and teased some possible share buybacks.
8/5/202243 minutes, 4 seconds
Episode Artwork

Walmart Cuts Jobs, Lucid Hits the Brakes, Baba Beats 8/4/22

Carl Quintanilla and Jim Cramer started the show discussing the markets as Goldman Sachs published a new note warning investors of a potential move lower. They then shifted to the country’s largest employer, Walmart, announcing some job cuts after slashing its profit outlook just about a week ago. It was also another busy day for earnings, with names like Alibaba, Clorox and Paramount all on the move. The anchors also hit Coinbase, which announced a new partnership with Blackrock that will allow its institutional clients to buy bitcoin. Also in the mix: EV maker Lucid Motors dropped double digits at the open after cutting its production targets again amid logistic challenges.
8/4/202243 minutes, 31 seconds
Episode Artwork

AMD Chipped, Under the $HOOD, PayPal Jumps 8/3/22

Carl Quintanilla and Jim Cramer began the hour by breaking down a slew of corporate earnings, including AMD. The chip giant beat on earnings, but the stock was under pressure after it issued a weak Q3 revenue outlook. Another company they hit was Starbucks, which topped Wall Street estimates, fueled by U.S. demand for cold drinks. The anchors then shifted to PayPal for the Mad Dash segment, as Elliott Management confirmed it has a $2 billion holding in the financial services company. Also in the mix: Robinhood announced it is cutting about 23% of its workforce.
8/3/202245 minutes, 43 seconds
Episode Artwork

Caterpillar and Uber CEOs, the Pelosi-Taiwan Effect on Markets, and Pinterest Surges. 8/2/22

Carl Quintanilla and Jim Cramer discussed what investors should make of market jitters surrounding House Speaker Nancy Pelosi's planned visit to Taiwan and its potential impact on U.S.-China relations. The anchors spoke exclusively with Caterpillar CEO Jim Umpleby about quarterly results that weighed on the stock -- and how supply chain constraints fit into the picture. Uber CEO Dara Khosrowshahi also joined the program: The stock up double-digits as quarterly revenue doubled and cash flow turned positive for the first time. Also in focus: Pinterest shares surge on activist investor news and a beat on user numbers, and Twitter reportedly subpoenas Elon Musk's associates.
8/2/202246 minutes, 23 seconds
Episode Artwork

August Begins After a Bullish July, Boeing's "Dream" Come True, and Oil Prices Slump. 8/1/22

On the first trading day of August, Carl Quintanilla and Jim Cramer discussed the next moves for investors after July marked the best month for stocks since 2020. Boeing topped the list of Dow and S&P 500 gainers after the Federal Aviation Administration cleared the way for resumption of 787 Dreamliner deliveries. Crude oil prices dropped further on worries about weaker global demand. Hear what Jim had to say about buying oil now. Also in focus: The U.S. reportedly mulling a crackdown on memory chip makers in China, former New York Fed President Bill Dudley's op-ed on the Fed's "wishful thinking" about inflation, Google CEO Sundar Pichai's message to employees about productivity, and why Mark Zuckerberg reportedly said Meta's growth forecasts had been too rosy.
8/1/202242 minutes, 55 seconds
Episode Artwork

Tech-Tonic Shifts, Oil Stocks Surge, Roku Rocked 7/29/22

Carl Quintanilla and Jim Cramer started the show by breaking down quarterly results from big tech stocks Apple and Amazon. Apple reported a beat on revenue and profit, and said it’s expecting growth to accelerate despite “pockets of softness.” Amazon shares jumped on its revenue beat and rosy guidance for the third quarter. Separately, the anchors also broke down tough quarters from both Roku and Intel. The chip giant Intel reported its biggest revenue miss since 1999 and Roku shares plunged more than 20% on its results. Also in the mix: energy names Exxon and Chevron both posted record quarterly profits as commodity prices boom.
7/29/202244 minutes, 29 seconds
Episode Artwork

U.S. Economy Contracts, Meta’s Big Miss, ServiceNow CEO 7/28/22

Carl Quintanilla and Jim Cramer began the hour by breaking down today’s GDP data as the U.S. economy contracted for the second straight quarter, hitting a widely accepted rule of thumb for a recession. They spoke with National Economic Council Director, Brian Deese about the numbers. The anchors then shifted to Meta’s quarterly results, after the company missed on earnings. Meta also issued a surprisingly weak forecast, pointing to a second consecutive decline in year-over-year sales. Also in focus: ServiceNow CEO Bill McDermott joined the hour to discuss his company’s quarter, after beating on both the top and bottom lines.
7/28/202244 minutes, 28 seconds
Episode Artwork

Big Tech’s Bar Lowered? Boeing & T-Mobile CEOs, Fed Decision Day 7/27/22

Carl Quintanilla and Jim Cramer began the hour by breaking down Alphabet’s and Microsoft’s latest quarterly results; both stocks rallied despite missing analyst estimates. The anchors then brought in Phil LeBeau alongside Boeing CEO Dave Calhoun on his company’s earnings report as well. Before the opening bell, they then shifted to the big Fed decision later today with many expecting the fourth rate increase in about five months. Also in focus: T-Mobile CEO Mike Sievert joined the anchors at Post 9 of the NYSE on his company’s results; the stock rallied after boosting its subscriber forecast.
7/27/202244 minutes, 25 seconds
Episode Artwork

Walmart’s Big Warning, GM’s Earnings Miss, Shopify Layoffs 7/26/22

Carl Quintanilla and Jim Cramer started the show with Walmart shares sinking after the company cut both its Q2 & full-year profit outlook. The big warning dragged other retailers like Home Depot, Amazon and Best Buy lower as well. The anchors then shifted to a slew of earnings, including General Motors, which reported numbers below expectations. Two big consumer names also posted results, as Coca-Cola and McDonald’s both beat estimates. Also in the mix: Shopify shares dropped double digits after the company announced it will lay off 10% of its global workforce.
7/26/202244 minutes, 11 seconds
Episode Artwork

White House Plays Down Recession Fears, NFL Launches Streaming Service, China Risks 07/25/22

Carl Quintanilla and Jim Cramer began the hour by hitting the market action with stocks still on pace for their best month of the year. They also mentioned Treasury Secretary Janet Yellen telling NBC’s Meet the Press over the weekend that “this is not an economy that’s in recession.” The anchors then shifted their focus to the NFL, launching its own streaming service NFL+, which starts a $4.99 per month. Staying with media, they also mentioned SNAP getting double downgraded at Morgan Stanley from “overweight” to “underweight” with an $8 price target following last week’s dismal earnings report. Also in focus: Goldman Sachs cut its earnings outlook for the MSCI China stock index to zero growth for the year.
7/25/202244 minutes, 24 seconds
Episode Artwork

Snap Plummets, Twitter Falls, Verizon Misses on Earnings and the Markets Look to Go "Fourth" 7/22/22

David Faber and Leslie Picker led off with the woes hitting social media stocks: Shares of Snap tumbling more than 30% after the Snapchat parent posted its weakest quarterly revenue growth since going public in 2017. At least a dozen Wall Street firms downgraded the stock. Jefferies analyst Brent Thill joined the program and discussed why he's maintaining a "Buy" rating on Snap, as well as his take on Twitter falling after it posted an unexpected quarterly loss. Also in focus: Verizon shares under pressure following a profit miss and lowered guidance, American Express as an earnings bright spot, and the broader markets looking to extend their daily win streak to four.
7/22/202243 minutes, 35 seconds
Episode Artwork

Tesla Jumps, Airlines and AT&T Slump, Amazon's Healthcare Acquisition, and the ECB's First Rate Hike in 11 Years 7/21/22

After a two-day rally for stocks, Jim Cramer and David Faber kicked off the show by discussing Tesla's better-than-expected quarterly earnings, which overshadowed a revenue miss and supply chain challenges. The anchors reacted to various comments Tesla CEO Elon Musk made on his company’s earnings call. From cars to planes: Airline stocks among the biggest losers in reaction to quarterly results from United and American. Also in focus: AT&T tumbles on its free-cash flow forecast, Amazon ramps up its healthcare push by agreeing to acquire One Medical for $18 per share in cash, the European Central Bank hikes interest rates for the first time since 2011, and Cramer discusses whether now's the time to get on big tech names such as Apple and Alphabet.
7/21/202246 minutes, 3 seconds
Episode Artwork

Netflix's "Less Bad Results," Markets After July's Biggest One-Day Rally and Twitter Wins Round One in Court Over Elon Musk. 7/20/22

Carl Quintanilla, Jim Cramer and David Faber led off the program with an in-depth discussion about Netflix's second-quarter results, including nearly one million subscriber losses -- fewer than expected. The anchors weighed in on Co-CEO Reed Hastings' earnings call comments: He said his excitement about Netflix is "tempered by the less bad results." What does it all mean for the company and its streaming competition? Also in focus: The road ahead for markets after their biggest one-day rally in nearly a month, a Delaware judge agrees to Twitter's request for an expedited trial in its battle to enforce Elon Musk's $44 billion takeover agreement, and Cathie Wood's ARK to shut down one of its ETFs for the first time in her firm's history.
7/20/202243 minutes, 26 seconds
Episode Artwork

Markets Rebound and Gas Prices Fall, Apple and Tech Hiring Slowdowns, the Twitter-Musk Court Date and “Big Blues” for IBM shares 7/19/22

Carl Quintanilla, Jim Cramer and David Faber discussed the rebound in stocks following Monday's market decline. The impact of the stronger dollar also in the spotlight as IBM shares fall despite a quarterly beat. The anchors also reacted to a report stating Apple plans to slow hiring and spending growth next year. Cramer lists the various factors investors should focus on in this market. Also in the mix: Reaction to Johnson & Johnson earnings, gasoline prices fall to two-month lows, Twitter vs. Elon Musk and what to expect from their first court hearing, Warren Buffett's Berkshire Hathaway boosts its stake in Occidental Petroleum, a preview of Netflix's after-the-bell earnings, plus bitcoin on the rebound.
7/19/202243 minutes, 25 seconds
Episode Artwork

Manifest Space Episode #16: Space Infrastructure with Redwire CEO Peter Cannito 7/19/22

Redwire is a combination of over a dozen companies merged together, developing technology across the space sector. Morgan discuss the growing opportunity in infrastructure with CEO Peter Cannito.
7/19/202229 minutes, 33 seconds
Episode Artwork

CNBC Rings the Opening Bell, Big Banks Report, Boeing’s Big Boost 7/18/22

Carl Quintanilla, Jim Cramer and David Faber celebrated a special morning at the New York Stock Exchange as Jim and the “Mad Money” team rang the opening bell to celebrate the show’s permanent move to the NYSE. The anchors then shifted their focus to the market rally, getting a boost from Goldman Sachs and Bank of America, which reported before the bell. Another big mover to watch today was Boeing, as Delta Air Lines bought 100 planes from the company, its first major order with Boeing in more than a decade. Also in the mix: GSK spun off its $36 billion consumer health business Haleon, the largest listing in Europe in more than 10 years.
7/18/202242 minutes, 45 seconds
Episode Artwork

Markets Rally, Retail Sales Jump in June and Citi and Wells Fargo Spike on Earnings 7/15/22

Carl Quintanilla and Mike Santoli focused on what investors should make of Friday's market rally, sparked by data showing retail sales up a better-than-expected one percent for June -- and quarterly results from Citi and Wells Fargo, one day after JPMorgan Chase and Morgan Stanley disappointed the street. Leslie Picker joined the discussion on the banks. Also in focus: China's economic growth slows to levels not seen since early 2020, Pinterest shares soar on a report stating Elliott Management has taken a big stake in the company, oil prices rebound as President Biden heads to Saudi Arabia, a hearing date is set for Twitter's lawsuit against Elon Musk, plus a "flashback" featuring Carl and Mike.
7/15/202243 minutes, 36 seconds
Episode Artwork

Market Sell-off: Earnings Misses for JPM and Morgan Stanley, Rate Hike Fears and Double-Digit Wholesale Inflation. 7/14/22

Carl Quintanilla, Jim Cramer and David Faber delved into the catalysts that sparked Thursday's sell-off: The Producer Price Index for June jumped 11.3% from year-ago levels, reigniting worries about a potential one percent Fed interest rate hike. The anchors also reacted to JPMorgan Chase and Morgan Stanley each missing Wall Street expectations with their second-quarter results. Carl, Jim and David discussed what JPM CEO Jamie Dimon said on the company's earnings call about the health of the consumer. Also in focus: Taiwan Semiconductor's earnings beat, Intel reportedly set to hike prices, Warren Buffett buys more Occidental Petroleum, Twitter vs. Elon Musk and a preview of "Mad Money" moving Monday to the NYSE.
7/14/202243 minutes, 16 seconds
Episode Artwork

Inflation Hits Fresh Four-Decade High, White House's NEC Director Reacts to CPI, and Twitter Sues Elon Musk 7/13/22

Carl Quintanilla, Jim Cramer and David engaged in a wide-ranging discussion about inflation news that sent stocks tumbling: The Consumer Price Index for June up 9.1% from a year ago -- a new four-decade high. National Economic Council Director Brian Deese joined the program with White House reaction to the numbers. The anchors also explored how big an impact inflation could have on earnings season, as big banks get ready to report. Also in focus: Twitter sues Elon Musk as it looks to enforce their $44 billion deal, Delta's earnings miss on higher costs, Google's hiring slowdown, plus M&A: Game development platform Unity Software agrees to buy ironSource in a $4.4 billion all-stock deal.
7/13/202246 minutes, 5 seconds
Episode Artwork

Recession Fears and the Markets, Cramer vs. the Downgrade Parade, Twitter's Letter Slams Musk, Gap CEO Steps Down and Bill Ackman's SPAC Setback. 7/12/22

Carl Quintanilla, Jim Cramer and David discussed stock market moves and oil prices falling amid inflation and global growth worries, dollar-euro parity and investors looking ahead to this week's inflation data and bank earnings. Cramer speaks out about the "endless" downgrades on Wall Street and why the "sell everything" approach is the wrong instinct. The anchors also reacted to Twitter's letter to Elon Musk: The company slamming his attempt to abandon their $44 billion deal as "invalid and wrongful." Also in focus: Gap CEO Sonia Syngal steps down, PepsiCo's earnings beat, Billionaire investor Bill Ackman winds down his $4 billion SPAC, bitcoin back below $20,000, plus Cramer and Mark Zuckerberg in the metaverse.
7/12/202244 minutes, 4 seconds
Episode Artwork

Musk Terminates His Twitter Deal and the Company Fires Back. Plus: A Rare and Exclusive Interview With Costco's CEO. 7/11/22

Carl Quintanilla, Jim Cramer and David led off the show Elon Musk's decision to terminate his $44 billion takeover deal with Twitter, which is threatening legal action to enforce the merger. The anchors explored what's at stake for Musk, Twitter and the company's shareholders. Costco CEO Craig Jelinek joined the program in a rare and exclusive interview, including his take on inflation, recession fears and the company's 20% sales jump in June. Also in focus: Market winners and losers, what to expect from big banks later this week as earnings season kicks off, and casino stocks tumble on Macau's COVID-related shutdown.
7/11/202243 minutes, 53 seconds
Episode Artwork

June Jobs Growth and "Fedspeak" on Rate Hikes, Fmr. Japanese PM Abe Assassinated, Musk-Twitter Drama and Apple's Summer Rebound 7/8/22

Carl Quintanilla, Leslie Picker and Mike Santoli led off the show with market reaction to the June employment report: The economy added a better-than-expected 372,000 non-farm jobs last month, with the unemployment rate holding steady at 3.6%. The anchors weighed in on the push by some Fed policymakers for a 75-basis point interest rate hike this month, and reacted to what Atlanta Fed President Raphael Bostic told CNBC about the jobs report. Council of Economic Advisers Chair Cecilia Rouse joined the program with the White House's take on the jobs report. Also in focus: The assassination of former Japanese Prime Minister Shinzo Abe, reports that Elon Musk's deal to buy Twitter is “in peril,” and Apple shares up 10% from mid-June lows: Should you get in on the stock now?
7/8/202242 minutes, 35 seconds
Episode Artwork

Markets Look to Go "Fourth," Chips Jump on "Samsung Effect," UK PM Johnson Resigns, M&A: Merck-Seagen and Antitrust, and GameStop's Split Decision 7/7/22

Carl Quintanilla, Jim Cramer and David Faber explored the broader markets looking to extend their daily win streak to four, following Wednesday's release of the Fed minutes. The chip sector among the gainers after Samsung's preliminary results showed the company’s best second-quarter profit in four years. Jim explained why his enthusiasm extends beyond semiconductor stocks. Also in focus: UK Prime Minister Boris Johnson resigns, M&A and antitrust with Merck reportedly near a $40-billion deal to buy Seagen, plus “meme stocks” rising -- GameStop declares a 4-for-1 stock split and Bed Bath & Beyond discloses insider purchases by its interim CEO and two board members.
7/7/202243 minutes, 48 seconds
Episode Artwork

Crude Oil Below $100, "The Great Unwind of Speculation," The Amazon-Grubhub Effect, and a Bankruptcy Filing in the World of Crypto. 7/6/22

Carl Quintanilla Jim Cramer and David Faber focused on oil falling below $100 per barrel, the recent pullback in energy stocks and the Wall Street debate over a potential recession. Cramer explains why he is seeing "the great unwind of speculation" and what it could mean for investors. Shares of DoorDash and Uber take a hit on news of Amazon's partnership with Grubhub including free food delivery for Amazon Prime members. Also in focus: Crypto broker Voyager Digital files for Chapter 11 bankruptcy protection and Barclays cuts its price target on Netflix.
7/6/202243 minutes, 42 seconds
Episode Artwork

Recession Fears Fuel Market Sell-off, Bezos vs. Biden, Tesla Deliveries Disappoint and an Exclusive With Micron's CEO 7/5/22

Kicking off a holiday-shortened trading week, Carl Quintanilla Jim Cramer and David Faber discussed what to make of the broad sell-off, as recession worries overshadow reports that the White House is mulling the removal of China tariffs to combat inflation. The anchors also reacted to Jeff Bezos slamming President Biden for demanding companies that run gasoline stations lower prices at the pump. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss supply chain issues and the chipmaker's guidance that has weighed on the stock. Also in focus: Tesla's Q2 deliveries miss Wall Street forecasts, Ford auto sales jump in June, and rough times for crypto.
7/5/202243 minutes, 33 seconds
Episode Artwork

Second Half of Trading, Tech’s Belt Tightening, Kohl’s Crushed 7/01/22

Carl Quintanilla, Leslie Picker and Mike Santoli began the hour by breaking down how investors can navigate the markets for the second half of the year, after the S&P suffered its worst first half in decades. “The Big Short” investor Michael Burry, known for calling the subprime mortgage crisis, warned investors that 2022′s market turmoil is only half finished. The economic uncertainty also led to Meta Platforms joining the growing list of tech companies scaling back their hiring plans. According to a report from Reuters, in an employee Q&A session, Mark Zuckerberg warned that it might be “one of the worst downturns we’ve seen in recent history.” Also in the mix: Kohl’s shares got crushed after ending talks to be bought by Vitamin Shoppe parent Franchise Group.
7/1/202244 minutes, 12 seconds
Episode Artwork

Worst First Half Since 1970, RH’s Profit Warning, Bitcoin Bedlam 6/30/22

Carl Quintanilla and Jim Cramer began the show with a look at the market action, with the S&P on pace for its worst first half since 1970. The anchors also broke down a slew of economic data, as core personal consumption expenditures prices, excluding food and energy, rose 4.7% from a year ago, slightly less than expected. They also drilled down on RH, the latest company to issue a warning on the consumer. Shares of that stock slid after the company lowered its outlook for the year. Also in the mix: Bitcoin dipped below $19K and is headed towards its worst month on record.
6/30/202244 minutes, 3 seconds
Episode Artwork

C-Suite Shuffles, FedEx Investor Day, Sell on Sail?

Carl Quintanilla and Jim Cramer began the show with a look at the market action, following another failed attempt at a bounce. Earlier today, Cleveland Fed President Loretta Mester said she would back a 75 basis point hike in July if conditions remained the same. The anchors then shifted to the C-Suite shuffles for Pinterest and Bed Bath & Beyond; both companies announced that they would be replacing their CEOs. The biggest S&P laggard in early trading was Carnival Cruise Line, as Morgan Stanley cut its price target on that stock to $7 per share, while also laying out a “bear case” scenario of $0. Also in the mix: FedEx hosted its first investor day in roughly a decade and new CEO Raj Subramaniam spoke with CNBC exclusively.
6/29/202244 minutes, 13 seconds
Episode Artwork

Squawk on the Street 6/28/22

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
6/28/202244 minutes, 7 seconds
Episode Artwork

Manifest Space Episode #15: Space Junk with LeoLabs CEO Dan Ceperley 6/28/22

As more objects make their way to orbit, thousands of pieces of debris are putting spacecraft and people at risk. Morgan speaks with Silicon Valley startup LeoLabs CEO Dan Ceperley to discuss the company’s efforts to track space junk as Earth’s orbit debris problem worsens.
6/28/202230 minutes, 33 seconds
Episode Artwork

Squawk on the Street 6/27/22

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
6/27/202247 minutes, 4 seconds
Episode Artwork

Squawk on the Street 6/24/22

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
6/24/202243 minutes, 3 seconds
Episode Artwork

Squawk on the Street 6/23/22

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
6/23/202243 minutes, 30 seconds
Episode Artwork

Fed Chair Powell on the Hill, Pres. Biden's Push for a Gas Tax Holiday and CNBC's Big Night: From ExxonMobil to Zuckerberg 6/22/22

The morning after a big rally on Wall Street, Jim Cramer and David Faber discussed market reaction to Federal Reserve Chair Jerome Powell's testimony on the economy before the Senate Banking Committee, with inflation and rate hikes in the spotlight. The anchors also reacted to President Biden urging Congress to suspend the federal gasoline tax. Also in focus, A big Wednesday night on CNBC: Highlights from both David's documentary "ExxonMobil at the Crossroads" – which premieres at 8pm ET -- and Jim's interview with Meta Platforms CEO Mark Zuckerberg on "Mad Money" at 6pm ET.
6/22/202251 minutes, 1 second
Episode Artwork

DocuSign CEO Stepping Down & A Possible Big Bear-Market Bounce 06/17/22

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
6/21/202242 minutes, 53 seconds
Episode Artwork

Bulls’ Market Week to Forget, Baron Sees Buys, Adobe's Beat Not Good Enough, Musk's Twitter Meeting, and Chinese Stocks Ant-e Up 06/17/22

With the S&P 500 at an 18-month low following Thursday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed stocks trying to shrug off recession fears with the broader markets on track for their worst week since 2020. The anchors reacted to billionaire investor Ron Baron telling CNBC the June slump represents a once-in a generation buying opportunity. They also drilled down on tech's rough week, including Adobe shares falling despite better-than-expected quarterly results. Also in focus: This week's profit-taking in the energy sector, the FDA approves COVID-19 vaccines for younger children, Elon Musk's meeting with Twitter employees, Chinese stocks such as Alibaba rally on a report involving Jack Ma's Ant Group.
6/17/202244 minutes, 27 seconds
Episode Artwork

From Post-Fed Rally to Rate Hike-Fueled Sell-off: Techs Tumble and the Dow Falls Below 30,000. 06/16/22

One day after stocks rallied following the Fed's biggest interest rate increase since 1994, Carl Quintanilla, Jim Cramer and David Faber discussed the sell-off that erased Wednesday's gains and sent the Dow below 30,000. Rate hikes by central banks in England and Switzerland fueled inflation worries and recession fears. The anchors delved into why tech stocks including Apple and Microsoft have taken a hit, as well as how investors can find protection in this market. Also in focus: Comments by DoubleLine CEO Jeffrey Gundlach and MicroStrategy CEO Michael Saylor on the bitcoin slump, and Elon Musk prepares to meet with Twitter employees for the first time since offering to buy the company.
6/16/202250 minutes, 8 seconds
Episode Artwork

Fed Decision Day, Biden vs. Big Oil, Cramer's Growth Plays, Bitcoin Blues and Bill Gates on Crypto's "Greater Fool Theory" 06/15/22

Carl Quintanilla, Jim Cramer and David Faber discussed markets rebounding ahead of the Fed's big interest rate decision -- and Wall Streeters debating whether the expected rate increase should be more than 50 basis points. Jim outlines his list of ten cheap, high growth stocks worth buying that have dividend protection. Bitcoin slumps to a fresh 18-month low and the anchors react to Bill Gates' comments on crypto being based on a "greater fool theory." Also in focus: President Biden's letter to oil companies urging a production boost and slamming industry profits amid higher gasoline prices, plus highlights from David's CNBC documentary "ExxonMobil At the Crossroads."
6/15/202244 minutes, 29 seconds
Episode Artwork

The Sell-off: Oracle and FedEx Aid Market Rebound, Bitcoin Extends Slump and Coinbase to Cut Jobs 06/14/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to rebound after another day of massive selling: How investors should navigate the volatility amid inflation and recession fears, as Fed policymakers kick off their key two-day meeting. On the crypto front: Bitcoin slides to a fresh 18-month low and Coinbase announces plans to cut 18% of its workforce. The anchors also highlighted bright spots: Oracle shares surge after quarterly results beat the street -- and FedEx up sharply after hiking its quarterly dividend by 53% and adding new directors to its board. Also in focus: General Motors shares rebound back above their 2010 IPO price, Morgan Stanley's EV take on automakers and Continental Resources founder Harold Hamm offers to take the company private in a buyout.
6/14/202244 minutes, 17 seconds
Episode Artwork

Stocks Slide Into Bear Market Territory, Crypto Gets Crushed, and a CNBC Exclusive with Coca-Cola's CEO. 06/13/22

Carl Quintanilla, Jim Cramer and David Faber stayed on top of the extended market sell-off which sent the S&P 500 into bear market territory -- down more than 20% from its record close in January. What should investors do now? The anchors also discussed what's driving cryptocurrency to double-digit losses and Bitcoin below 24,000 to a fresh 18-month low. In a CNBC Exclusive, Jim interviewed Coca-Cola CEO James Quincey about price increases amid inflation, supply chain issues and the company's new Jack Daniel's and Coke cocktail. Also in focus: Goldman Sachs and Morgan Stanley's calls on S&P 500 targets, plus Coinbase and MicroStrategy caught in the crypto downdraft.
6/13/202249 minutes, 13 seconds
Episode Artwork

The Inflation Data Sell-off, White House Reaction from NEC Director Brian Deese, and Goldman Says "Sell" Netflix. 6/10/22

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding the market sell-off, sparked by a hotter-than-expected Consumer Price Index for May, including the highest year-over-year increase in four decades. The anchors explored the inflation factor for investors, with Cramer calling for more outreach from President Biden to energy giants in wake of surging oil and gasoline prices. National Economic Council Director Brian Deese joined the program with reaction to the inflation data. Also in focus: Goldman Sachs downgrades Netflix to "Sell," bright spots in the market, the U.S. to end COVID-19 testing for air travelers entering the country, and Starbucks interim CEO Howard Schultz's take on "work from home."
6/10/202246 minutes, 24 seconds
Episode Artwork

Market Volatility and Inflation Worries, China Stocks' Wild Ride, Tesla's Spark, Target's Dividend Boost and Zendesk Shares Get Zapped 6/9/22

Carl Quintanilla, Jim Cramer and David Faber discussed the markets trying to avoid another daily decline in the face of inflation and recession fears. The anchors explored how high oil and gasoline prices might rise as well as playing the energy sector. Also the spotlight: Volatile moves in Chinese stocks including Alibaba -- initially rising on a report that China considered reviving the IPO of Jack Ma's Ant group -- but erasing those gains after Ant reportedly denied plans for an IPO. The anchors reacted to Tesla being upgraded to "Buy" by UBS and the automaker's surge in China auto sales and vehicle production. Also in focus: Target boosts its quarterly dividend by 20%, Meta’s new ticker symbol is “META” and shares of software firm Zendesk tumble after it decided to remain an independent public company.
6/9/202243 minutes, 17 seconds
Episode Artwork

Recession Fears and the Markets, Ukraine’s Zelenskyy Addresses CEO Summit, Vaccine Makers Get a Boost, and M&A in the NFL 6/8/22

Carl Quintanilla, Jim Cramer and David Faber explored the markets trying to shrug off signs of a potential recession, including mortgage demand hitting a 22-year low. What should investors do now? The anchors also discussed Ukrainian President Zelenskyy addressing the Yale CEO Summit in New York City with his message to business leaders. Also in focus: Novavax and Moderna rise on COVID-19 vaccine news, Target receives a slew of Wall Street price target cuts after Tuesday’s profit warning, stocks Cramer calls buying opportunities, and the NFL's Denver Broncos agree to be sold to a group led by Walmart heir Rob Walton for $4.65 billion.
6/8/202243 minutes, 20 seconds
Episode Artwork

Target Slumps on Warning, Kohl's Surges on Takeover Talks, Apple WWDC Takeaways, Plus Big Oil: Is Exxon Cheap? 6/7/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Target down sharply on a margin warning, as the company plans to reduce excess inventory. The stock dragged both the retail sector and broader markets lower. Cramer weighed in on Target CEO Brian Cornell's leadership and delivered a message for analysts who cover the stock. Shares of Kohl's up double-digits after confirming it is in talks to be acquired by The Vitamin Shoppe parent Franchise Group. Also in focus: The gasoline price surge, why one firm says ExxonMobil shares are cheap, assessing Apple's developers conference unveils, Netflix losing two-thirds of its value this year, and Texas vs. Twitter.
6/7/202242 minutes, 31 seconds
Episode Artwork

Manifest Space Episode #14: Spectrum-Based Space Images with Hawkeye 360 CEO John Serafini 6/7/22

With the war in Ukraine crossing one-hundred days, commercial satellite imagery is getting an increasing amount of attention as companies like Maxar and Planet Labs capture and release pictures of Russia’s invasion in near-real time. Morgan and Hawkeye 360 CEO John Serafini discuss the innovations being made in the satellite sector, the impact of the Russia-Ukraine war and more.
6/7/202224 minutes, 51 seconds
Episode Artwork

Musk Threatens to Abandon Twitter Deal, Here Comes Apple's WWDC, More M&A and An "Outcry" in Chicago. 6/6/22

Jim Cramer and David Faber engaged in a wide-ranging discussion about the story of the morning: Elon Musk has threatened to walk away from his $44 billion deal to buy Twitter, citing the company's failure to provide spam/fake account information. What's at stake for both Twitter and Tesla? Also in focus: Apple's Worldwide Developers Conference, Chinese stocks rally, Lilly's diabetes drug and obesity, JetBlue sweetens its takeover bid for Spirit Airlines, Thoma Bravo lowers Anaplan deal price, Amazon's 20-for-1 stock split takes effect, CBOE opens its new outcry trading floor, and Jim's week in San Francisco featuring a big lineup of CEO interviews on CNBC.
6/6/202243 minutes, 7 seconds
Episode Artwork

Jobs Jump in May, Musk's "Super Bad Feeling," the Stock That Doubled on the Bristol Myers Deal and Apple as FAANG's "Weak Link." 6/3/22

Jim Cramer and David Faber discussed market reaction to the better-than-expected May Jobs Report, which showed non-farm payrolls up 390,000. Cramer explained why he thinks people are more worried than they should be and are underestimating Fed Chair Jerome Powell. The anchors also reacted to a report which says Elon Musk wants to cut 10% of jobs at Tesla and that he has a "super bad feeling" about the economy. Also in focus: Bristol Myers Squibb strikes a $4.1 billion deal to acquire a biotech firm whose shares more than doubled on news of the transaction, why Jim says Apple is the "weak link" in FAANG, and Twitter says the antitrust waiting period for Musk's takeover bid has expired.
6/3/202243 minutes, 11 seconds
Episode Artwork

Microsoft Warns, Sandberg to Step Down As Meta COO, Debating Dimon's "Hurricane" and Big Losses For Tiger 6/2/22

Jim Cramer and David Faber delved into the big story of the morning: Microsoft cuts Q4 guidance, citing "unfavorable foreign exchange rate movement." They also discussed Sheryl Sandberg's decision to step down as COO of Facebook parent Meta -- and why Jim thinks a drop in the stock on that news represents a buying opportunity. Also in focus: JPMorgan Chase CEO Jamie Dimon warns an economic "hurricane" is coming -- but Bank of America CEO Brian Moynihan dismisses Dimon's pessimism, David reports Tiger Global's fund declined more than 14% in May, Ford's $3.7 billion expansion plans, and market reaction to GameStop's quarterly results.
6/2/202243 minutes, 55 seconds
Episode Artwork

Making Money in June, Salesforce Surges, and Musk's WFH Message: Return to the Office Or Get Out 6/1/22

On the first trading day of June, Carl Quintanilla, Jim Cramer and David Faber explored what's next for the markets after both the Dow and the S&P 500 eked out fractional gains for May despite volatility. The anchors also reacted to what Treasury Secretary Janet Yellen told CNBC about inflation and the surge in oil prices. Shares of Salesforce surged on better-than-expected quarterly results and raised profit guidance. Elon Musk's take on "work from home" also a big topic of discussion: He is said to have told Tesla staff in a leaked memo that they must be in the office for a minimum of 40 hours per week "or depart Tesla." Also in focus: SPAC terminations, plus Apple reportedly moving some of its iPad production to Vietnam from China.
6/1/202243 minutes, 7 seconds
Episode Artwork

Inflation Watch, Oil Prices Pressure Stocks, Chinese Stocks Rally on Lockdown Developments, and Peltz Named to Unilever's Board 05/31/22

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for markets as the Dow and S&P 500 enter the last trading day of May in positive territory for the month. The anchors reacted to President Biden's op-ed in The Wall Street Journal outlining his plan to battle inflation. Cramer says Biden is "still attacking our oil companies." The price of crude surges after the EU agrees to ban most Russian oil imports. Chinese stocks such as Alibaba rally as Shanghai prepares to lift its two-month COVID lockdown. Shares of Unilever jump after the company named activist investor Nelson Peltz to its board. Also in focus: Sen. Elizabeth Warren vs. SPACs, plus a box office bonanza for “Top Gun: Maverick.”
5/31/202243 minutes, 39 seconds
Episode Artwork

A Week for the Bulls to Cheer About, Big Moves in Retail, SPACs Slump and the SEC's Eyes on Elon Musk 5/27/22

Carl Quintanilla, David Faber and Leslie Picker explored this week's market gains: The Dow on track to end an eight-week losing streak, with the S&P and Nasdaq each poised to end seven straight weeks of losses. Sentiment on Friday helped by stronger-than-expected consumer spending data and a key indicator which shows inflation might have peaked. The anchors reacted to a new batch of retail earnings: Shares of Gap and Big Lots tumbled, while Costco and Ulta Beauty moved higher. Citi U.S. Equity Strategist Scott Chronert joined the program to discuss market volatility and his views about a potential recession. Also in focus: The SEC's letter to Elon Musk about his early Twitter stake, Dell among the tech winners, and the blank-check bubble bursts for SPACs
5/27/202243 minutes, 2 seconds
Episode Artwork

Markets and Retail Stocks Rally, Broadcom Buys VMWare in $61B Deal, and Musk Commitment Boosts Twitter 5/26/22

Carl Quintanilla, David Faber and Leslie Picker discussed the markets extending Wednesday's gains. Retail among the bright spots toward the end for what has been a rough month for the sector: Shares of Dollar Tree, Dollar General and Macy's each up double-digits in reaction to quarterly results. In M&A news, Broadcom has agreed to acquire VMWare for $61 billion in cash and stock. Also on the tech front, Nvidia and Snowflake slide, Elon Musk says he will commit more of his wealth to finance his $44 billion Twitter takeover deal, and Apple reportedly plans to keep 2022 iPhone production levels below analyst forecasts in wake of China COVID lockdowns and supply chain issues.
5/26/202243 minutes, 11 seconds
Episode Artwork

The Dow's Win Streak vs. Historic Weakness, Playing Beaten-Down Tech, and the Ackman Rate Debate 5/25/22

Carl Quintanilla, David Faber and Mike Santoli discussed how investors should view market volatility with the Dow in the midst of a three-day winning streak and mega-cap tech seeing valuations slashed. They also explored growth worries versus inflation fears, as well as Wall Street's recession debate. Jefferies analyst Brent Thill joined the discussion about how investors should play the beaten-down tech sector. Also in focus: Billionaire investor Bill Ackman's tweet storm about short-term interest rates and stocks, Apple and China COVID lockdowns, retail earnings winners and losers, Nelson Peltz's Trian explores taking over Wendy's, and the battle for ExxonMobil one year later -- as the company kicks off its annual shareholder meeting.
5/25/202241 minutes, 14 seconds
Episode Artwork

Snap Plunges and Drags Down Tech, Markets Fall After Monday Rally, and Retail Earnings Parade Pains and Gains 5/24/22

Carl Quintanilla, David Faber and Mike Santoli led off the show with a look at shares of Snap tumbling and falling below its 2017 IPO price on the company’s profit warning. The anchors reacted to Snap's news dragging down social media stocks including Twitter, Pinterest and Facebook parent Meta Platforms. How might Twitter's decline impact Elon Musk's takeover bid for the company? Also in focus: Markets pulling back after Monday's rally, Best Buy rises and Abercrombie & Fitch plummets on earnings news, sources tell David that Broadcom is in talks to pay in the $140/share range for VMWare, plus a look at Jim Cramer's "green thumb."
5/24/202243 minutes, 20 seconds
Episode Artwork

Markets Seek a "Green Week," Broadcom-VMWare Talks, Starbucks to Exit Russia, and How Low Can Tesla Shares Go? 5/23/22

Carl Quintanilla, David Faber and Mike Santoli discussed the markets looking to start the week on a positive note after the S&P 500 extended its weekly losing streak to seven on Friday. The anchors explored which sectors could help turn the tide. They also reacted to President Biden's comments on the economy: He said a recession in the U.S. is not inevitable. On the M&A front: sources say chipmaker Broadcom is in advanced talks to acquire VMWare, whose shares surged on that news. Also in focus: Starbucks decides to exit its Russia business, What Jamie Dimon said at JPMorgan Chase's "Investor Day", and Tesla shares down 40% since Elon Musk disclosed his stake in Twitter last month. Is Tesla a buying opportunity?
5/23/202245 minutes, 24 seconds
Episode Artwork

Friday Markets: Have We Found the Bottom? ... And Cramer Says Buy Amazon and Defense Stocks 05/20/22

With the markets on track for another weekly decline, Carl Quintanilla, Jim Cramer and David Faber discussed stocks looking to rebound and whether this might indicate a bottom. The anchors also reacted to Amazon's nearly 30% decline from a month ago and Citi taking the stock off of its "Focus List." Jim explains why he believes Amazon is a buy at current levels -- and feels the same way about the defense sector. Also in focus: China cuts a key interest rate, Deere tumbles despite an earnings beat, Ross Stores joins the list of retailers getting crushed, Palo Alto leads a security stocks rally and Elon Musk strikes back against sexual harassment allegations.
5/20/202243 minutes, 55 seconds
Episode Artwork

Extending the Market Sell-off, Cisco CEO On the Company's Weak Outlook, and Elon Musk Calls ESG a "Scam." 5/19/22

Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets extending losses after Wednesday's massive sell-off: The worst for the Dow and S&P 500 since 2020. Jim offers his takeaway for investors. Cisco CEO Chuck Robbins joined the anchors on set for an exclusive interview: They discussed his company's guidance that slammed the stock -- and where the COVID lockdown in China and the war in Ukraine fit into the picture. Also in focus: Navigating inflation and exposure to China, Elon Musk's Twitter rant about Tesla being removed from an S&P ESG index, and Melvin Capital to unwind funds after suffering major losses from meme stocks.
5/19/202247 minutes, 31 seconds
Episode Artwork

Markets Slump As Target Shares Get Crushed On An Earnings Miss: The Inflation Factor and Beyond 05/18/22

Carl Quintanilla and Jim Cramer took an in-depth look at the big story of the morning which helped to spark a market sell-off: Target shares plunged on a quarterly earnings miss, hurt by inflation and supply chain issues. The anchors reacted to what Target CEO Brian Cornell told CNBC -- that he should be held accountable for not properly forecasting rising transportation and freight costs. Jim compared Target's results to those of Walmart, Home Depot, Lowe's and TJX. Also in focus: Why Target's results are weighing on markets one day after stocks rallied despite Walmart's miss, earnings bright spots, Fed Chair Powell not ruling out more aggressive moves to combat inflation, JPMorgan Chase shareholders reject CEO Jamie Dimon's massive retention bonus, plus Cramer on the Elon Musk-Twitter saga.
5/18/202244 minutes, 44 seconds
Episode Artwork

Manifest Space Episode #13: Bipartisan Space with former NASA Administrator Jim Bridenstine 5/17/22

Ahead of Boeing launching its highly-anticipated Starliner flight, Morgan discusses bipartisan space policy, the rise of public-private partnerships and innovations in commercial space with former NASA Administrator Jim Bridenstine.
5/17/202235 minutes, 52 seconds
Episode Artwork

Markets Rally, Home Depot Jumps, Walmart Slumps, Musk's Bot Message to Twitter, and Citigroup Gets a "Buffett Bounce" 05/17/22

Jim Cramer and Scott Wapner delved into what's driving stocks sharply higher after Monday's choppy session. Shares of Home Depot jumped and Walmart shares tumbled in reaction to the retailers' respective quarterly results and guidance. The anchors discussed how certain stocks are indications of which CEOs are successfully executing their strategies versus those who are not. Also in focus: Elon Musk says his deal to acquire Twitter "cannot go forward" until he receives clarity about the number of fake accounts, Warren Buffett's big bet on Citigroup and what other billionaire investors are buying and selling, plus more earnings winners and losers as United leads the airline stock rally.
5/17/202244 minutes
Episode Artwork

A "Pivotal Week" for Markets, Bernanke on Fed's "Mistake," JetBlue Goes Hostile, Buffett's Big Energy Bet, and McDonald's to Exit Russia. 05/16/22

With the S&P 500 and Nasdaq each in the midst of a six-week losing streak, Jim Cramer and David Faber discussed why this is a "pivotal week" for the markets. The anchors also reacted to comments from Fed Chairman Ben Bernanke -- who told CNBC the Fed's slow response to inflation was a mistake -- and former Goldman Sachs CEO Lloyd Blankfein on recession worries. Also in focus: Goldman lowers its S&P 500 price target for 2022, Warren Buffett ramps up his energy portfolio, JetBlue launches a hostile tender takeover bid for Spirit Airlines, Jeff Bezos tweets about inflation, McDonald's decision to sell its Russia business, Elon Musk and the Twitter "bot check," plus what to make of an upgrade for Netflix.
5/16/202244 minutes, 17 seconds
Episode Artwork

Twitter Slumps on Musk Tweet Drama, Markets Rally, Biting Into the Apple Slump, and Bitcoin Bounces Back 5/13/22

Carl Quintanilla and Jim Cramer wrapped up a volatile market week as the S&P 500 looks to avoid bear market territory. Cramer outlines whether you should buy into Apple, Nvidia and other beaten-down tech names. Twitter shares tumble after Elon Musk tweeted that his takeover deal for the company is "temporarily on hold" -- following that with a tweet stating he is still committed to the acquisition. Carl, Jim and David Faber discussed what's at stake for Musk, Twitter and the $44 billion deal. Also in focus: Bitcoin rebounds back above $30,000 after this week's major crypto sell-off, plus where Coinbase and Robinhood fit into the picture.
5/13/202242 minutes, 11 seconds
Episode Artwork

Apple Loses Its Crown, Disney "Minus", Beyond Meat Beatdown, The Coinbase-Bitcoin Blues, and Market Bright Spots 5/12/22

With the Dow in the midst of a five-day losing streak, Carl Quintanilla and Jim Cramer focused on market volatility and pressure, especially on the tech sector as Apple loses the title of "world's most valuable company" to Saudi Aramco. Where can you find value in this market? Also, Disney shares fall after the company posts an earnings miss despite bigger-than-expected streaming subscriber growth for Disney+. Cramer sounds off about Wall Street's reaction to Disney's earnings call. The anchors also weighed in on Beyond Meat's weaker-than-expected quarterly results, sending the stock below its 2019 IPO price. Also in focus: Producer price inflation at 11%, Coinbase and bitcoin extend losses, double downgrades for Ford and GM, plus what's driving gains among names in the retail sector.
5/12/202242 minutes, 57 seconds
Episode Artwork

Inflation Data Effect on Markets, Coinbase Is Crypto Crushed, From Darlings to Dogs of 2022 (So Far), and Bracing for Disney Earnings 5/11/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to consumer inflation data: April CPI rose more than expected on a monthly basis but edged lower to a 8.3% annual rate, slightly below a 40-year high. Coinbase shares tumbled on a surprise quarterly loss in wake of the crypto slump. The anchors explored what to make of stocks many had viewed as Wall Street darlings: Roblox and Carvana among the names down more than 75% year-to-date heading into the trading session. Also in focus: Kohl's shareholders re-elect directors despite activist investor pressure, what to expect from Disney's after-the-bell earnings, plus the best buying opportunities in this volatile market.
5/11/202246 minutes, 25 seconds
Episode Artwork

Markets Aim for a Rebound, Big Tech's $1T Value Drop, Peloton Plummets and Pfizer Strikes a $11.6B Deal. 5/10/22

Carl Quintanilla, Jim Cramer and David Faber explored the continuing market volatility: Stocks look to rebound one day after a sell-off which saw the S&P 500 close below 4,000 for the first time in more than a year. The anchors discussed the tech giants losing more than $1 trillion in value over the last three trading days, and whether now's the time to go bargain hunting for those names and high-flying growth stocks that have taken a hit this year. Also in focus: The "WFH stock blues" continue as Peloton shares fall to record lows on wider-than-expected losses, Biohaven soars more than 70% after agreeing to be acquired by Pfizer in an $11.6 billion deal, AMC CEO Adam Aron's eye-opening comments from the company's earnings call, and what billionaire investor David Tepper told CNBC about the Nasdaq.
5/10/202248 minutes, 44 seconds
Episode Artwork

Market Selloff Accelerates to Start the Week, Rivian Plunges as Lockup Expires, Uber CEO Memo on Company Plans 5/9/22

Carl Quintanilla & Jim Cramer discuss the market selloff intensifying to start the week. The S&P 500 tumbling to a new low for the year. Minneapolis Fed President Neel Kashkari’s commenting on inflation, saying he’s confident it will come back to the central bank’s 2% target, but not without some pain. David Faber breaking news that Ford is selling 8 million of its 102 million share stake in Rivian, according to his sources. Shares of the EV maker getting hammered on the news. The moves comes as the insider lockup period for selling the stock expires. Uber moving lower after CNBC obtained a staff email saying the company plans to slash spending on marketing, incentives and will be deliberate when adding workers. Uber CEO Dara Khosrowshahi saying, “After earnings, I spent several days meeting investors in New York and Boston… It’s clear that the market is experiencing a seismic shift and we need to react accordingly.” Plus, Carl and Jim breakdown the other big movers of the morning including Coty, Palantir and Tyson Foods.
5/9/202243 minutes, 24 seconds
Episode Artwork

The Markets' Wild Ride, What to Buy and What to Avoid, and Labor Secretary Walsh on the April Jobs Report and Economy 5/6/22

Carl Quintanilla and Jim Cramer kicked off a busy show with a look at the extension of Thursday's market sell-off, which saw the Dow fall more than 1,000 points and the Nasdaq decline five percent -- wiping out Wednesday's big relief rally. Cramer offered advice on buying opportunities in this market, what to avoid and where inflation and the Fed fit into the picture. The key April jobs report showed non-farm payrolls up a better-than-expected 428,000, while the unemployment rate remained at 3.6%. Labor Secretary Marty Walsh joined the program with White House reaction to the report, as well as his perspective on the economy, inflation and the housing market.
5/6/202246 minutes, 19 seconds
Episode Artwork

Manifest Space Episode #12: Space Oddities with Astronaut Chris Hadfield 5/5/22

In recognition of National Astronaut Day, Morgan speaks with Colonel Chris Hadfield about the New Space Age. They discuss the astronaut’s time as commander of the International Space Station, his work across the commercial sector and how exactly one recovers from space blindness.
5/5/202226 minutes, 1 second
Episode Artwork

From Fed-Fueled Rally to Sell-off, Musk Secures $7.2B In Fresh Funding for Twitter Bid, and E-Commerce Stocks' Marketplace Meltdown 5/5/22

The morning after the Fed's biggest interest rate increase since 2000 and Chair Jerome Powell saying a 75 basis point hike is off the table, Jim Cramer and David Faber focused on a big pullback for stocks following the best day for the broader markets since 2020. How should investors navigate the volatility? Elon Musk disclosed that he has secured $7.2 billion in fresh financing for his Twitter takeover bid, with commitments from the likes of Oracle Chairman Larry Ellison, Sequoia Capital and Ron Baron. Sources told David that Musk is expected to serve as temporary CEO of Twitter for a few months once the deal is closed. Also in focus: Shares of eBay, Etsy, Wayfair and Shopify tumble on weaker-than-expected guidance, while Priceline parent Booking Holdings joins the list of market bright spots.
5/5/202245 minutes, 59 seconds
Episode Artwork

Fed Decision Day, Starbucks and Airbnb Jump on Earnings, Lyft and Uber Sink, and An Exclusive With AMD's CEO 5/4/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with what to expect from the most-anticipated Fed meeting in many years: Chair Jerome Powell and policymakers expected to announce a 50-basis point interest rate hike. How many more hikes can investors expect? Earnings also in the spotlight: Starbucks and Airbnb rise after beating the street. Lyft shares plummeted on results and guidance, prompting Uber to move up the timing of its own its earnings announcement. In an exclusive, AMD CEO Lisa Su joined the program to discuss what drove the chipmaker’s better-than-expected quarterly results and guidance.
5/4/202246 minutes, 8 seconds
Episode Artwork

Fed Meeting Day One, Cramer Sounds Off About Paul Tudor Jones' Take On Powell, Musk's Twitter Financing, and CEOs Answer the Recession Question. 5/3/22

Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets as the Fed kicks off a two-day policy meeting. Jim spoke out forcefully in reaction to comments Paul Tudor Jones made on CNBC: The legendary investor said he would advise Fed Chair Jerome Powell to "look for another job." The anchors also discussed where to find pockets of strength in this market. Also in focus: Elon Musk reportedly in talks to revise financing for his Twitter deal, Earnings movers from Expedia to Paramount Global, plus highlights from the Milken Institute Global Conference -- including what the CEOs of Goldman Sachs, Carlyle and Apollo Global Management told David about the Fed and the possibility of a recession.
5/3/202242 minutes, 56 seconds
Episode Artwork

Bulls Say "Good Riddance" to April and Hello to May, Buffett's Market Message, Munger Slams Robinhood, plus the CEO of Apollo Global Management on Volatility 5/2/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at how investors should navigate the market in May, after the S&P 500's worst month since the beginning of the pandemic and the Nasdaq's poorest monthly performance since 2008. The anchors also reacted to news out of the Berkshire Hathaway Annual Shareholder Meeting over the weekend, including Warren Buffett's take on markets and inflation, Charlie Munger's harsh comments about Robinhood – and both men blasting crypto. At the Milken Institute Global Conference in Los Angeles, David interviewed Apollo Global Management CEO Marc Rowan about how the alternative asset manager is investing in a volatile market environment. Also in focus: Former Fed Vice Chairman Roger Ferguson tells CNBC he believes a recession is inevitable.
5/2/202245 minutes, 25 seconds
Episode Artwork

Apple and Amazon's Big Tech Earnings Impact, Big Oil's Results and the Russia Effect, and Robinhood Takes a Hit. 4/29/22

On the final trading day of April, Carl Quintanilla and Jim Cramer explored market reaction to big tech results: Apple's view on supply constraints overshadow the company's quarterly beat, while Amazon tumbles on a quarterly loss and its slowest growth in two decades. Exxon Mobil and Chevron shares also down despite a surge in profits -- Exxon announced a $3.4 billion charge related to its planned exit from Russia. Also in focus: Intel down sharply on earnings, Robinhood shares slump on declines in revenue and monthly active users, why Chinese stocks are rallying, and Tesla jumps after Elon Musk said he plans no further sales of the stock in wake of his deal to buy Twitter.
4/29/202243 minutes, 32 seconds
Episode Artwork

Meta Surges On Earnings, Q1 GDP Shrinks, An Exclusive With Southwest's New CEO, and "Sickness" for a Stay-At-Home Stock 4/28/22

Carl Quintanilla and Jim Cramer led off the show with a look at Meta shares surging on the Facebook parent's better-than-expected quarterly earnings and user growth. Is the worst over for the stock?. The anchors also reacted to GDP data showing the economy shrank at a 1.4% annual rate in the first quarter, marking contraction for the first time since early in the pandemic. What do Caterpillar and McDonald's earnings tell us about the economy? Southwest's new CEO Bob Jordan joined the program. Phil LeBeau and Jim interviewed him about the company's quarterly results, rising airfares and the airline's growth plan challenges. Also in focus: Teladoc shares plummet more than 40% on wider losses and weaker guidance -- a setback for investor and ARK Invest CEO Cathie Wood.
4/28/202243 minutes, 48 seconds
Episode Artwork

Morning After the Tech Sell-off, Reaction to Microsoft and Alphabet’s Earnings, and Exclusives With the CEOs of Boeing and T-Mobile. 4/27/22

One day after a more than 800-point drop in the Dow and the worst day for the Nasdaq since September 2020, Jim Cramer and Sara Eisen explored what to make of the markets following the tech sell-off, as well as “big tech” earnings from Microsoft and Alphabet. Boeing CEO Dave Calhoun joined the program. Phil LeBeau, Jim and Sara interviewed him about the jet maker’s first quarter results that missed analyst estimates. T-Mobile CEO Mike Sievert appeared on the show to discuss what’s driving profits, sales and the company’s raised guidance. Also in focus: Market reaction to earnings from the likes of General Motors, Visa and Chipotle.
4/27/202246 minutes, 7 seconds
Episode Artwork

Manifest Space Episode #11: Public-Private Space with Former NASA Deputy Administrator Lori Garver

As SpaceX launches professional government astronauts and private citizens alike to-and-from space this week, Morgan speaks with Lori Garver, CEO of the Earthrise Alliance and former NASA Deputy Administrator about the rise of the public-private partnership in the sector and the future of the agency.
4/26/202233 minutes, 26 seconds
Episode Artwork

Markets Digest the Earnings Parade, An Exclusive With GE CEO Larry Culp, and Twitter Accepts Musk's $44B Takeover Offer. 4/26/22

Jim Cramer and Sara Eisen explored market reaction to earnings from the likes of General Electric, 3M, UPS and Raytheon. Jim interviewed GE CEO Larry Culp about the company's quarterly results -- the stock taking a hit on cautious guidance in wake of “inflation and other evolving pressures.” The future for Twitter also in the spotlight after the company accepted Elon Musk's $44 billion buyout offer to take the social media firm private. David Faber joined the Twitter discussion. Also in focus: Warner Brothers Discovery with eye-opening comments on its earnings call about the demise of CNN+, Oil prices rebound, what to expect from Alphabet, Microsoft and General Motors earnings, and Carnival's Arnold Donald to step down as CEO.
4/26/202246 minutes, 13 seconds
Episode Artwork

Extending the Market Sell-off, Twitter Jumps on Musk Deal Reports and Coca-Cola Gets a Pop on Earnings 4/25/22

Jim Cramer and Sara Eisen kicked off a new week with a look at the markets extending losses from Friday's big sell-off, which saw the Dow fall almost 1,000 points on Fed rate hike fears. Where should investors go bargain hunting? The anchors also reacted to reports that Twitter is nearing a deal to sell itself to Elon Musk for $43 billion. Coca-Cola leading off a busy earnings calendar with better-than-expected first quarter results. Also in focus: "Big Oil" stocks take a hit along with crude oil prices -- the China COVID outbreak and lockdowns playing a role in the declines.
4/25/202243 minutes, 48 seconds
Episode Artwork

"Powell Effect" Extends Market Sell-off, Blue Chip Earnings Reaction, Snap's "Challenging" Quarter and a New Chapter in Musk's Battle to Buy Twitter. 04/22/22

Carl Quintanilla, Jim Cramer and David Faber discussed what to make of stocks extending Thursday's sell-off, which was sparked by Fed Chair Jerome Powell saying that a 50 basis point hike will be on the table when he and his fellow policymakers meet in May. The anchors also reacted to numbers from the likes of American Express, Verizon and Snap -- whose results reflected a "challenging" quarter according to Snap CEO Evan Spiegel. Also in focus: The Twitter board's next move after Elon Musk reveals financing aimed at buying the company, Gap tumbles on sales guidance and news that Old Navy's CEO is departing, Kohl's proxy battle, the end of the road for CNN+, and Disney's lobbying machine hits a GOP roadblock.
4/22/202243 minutes, 34 seconds
Episode Artwork

Tesla's Record Profit and Musk's Optimism, Airlines Surge On Profitability Outlook, Netflix After the Plunge, and An Exclusive With Lululemon's CEO 4/21/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla shares up sharply after the company posted a record quarterly profit despite supply chain challenges. The anchors reacted to earnings call comments from Elon Musk: He said he has "never been more optimistic" about Tesla's future. American Airlines and Delta also in rally mode after forecasting profitability for the second quarter. Lululemon CEO Calvin McDonald joined the program exclusively to discuss his company's five-year growth plan to double revenue by 2026. Also in focus: Musk disclosed he has secured $46.5 billion in financing commitments for his Twitter takeover bid, and Bill Ackman’s hedge fund dumps its stake in Netflix: The stock extending losses one day after plummeting 35%. Plus, what sources are telling David about embattled hedge fund Melvin Capital.
4/21/202246 minutes, 18 seconds
Episode Artwork

Netflix Shares Plummet On Subscriber Losses: Exploring What's At Stake for the Company and Its Streaming Rivals 4/20/22

Carl Quintanilla, Jim Cramer and David Faber took a deep dive into Netflix shares losing a third of their value. The company posted quarterly subscriber losses for the first time in more than a decade -- and expects a drop of two million subscribers in the current quarter. Cramer weighs in on whether now's the time to buy the stock. The anchors reacted to Netflix Co-CEO Reed Hastings' comments on considering an advertising option and looking for ways to monetize account sharing. They also discussed Netflix's impact on shares of streaming rivals such as Disney, Paramount Global and Warner Bros. Discovery, as well as the parade of Wall Street analysts downgrading Netflix. Also in focus: Markets look to extend Tuesday's rally, IBM and Procter & Gamble beat the street, Lululemon's five-year growth plan, and chip stocks in the green.
4/20/202243 minutes, 31 seconds
Episode Artwork

IMF Cuts Global Growth Outlook, Fed's Bullard and "75” Talk, Airlines Drop Mask Requirements on Judge’s Ruling, Blackstone's $13B Deal, plus Musk, Twitter -- and Apollo? 4/19/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: The IMF cutting its 2022 global growth forecast to 3.6%. The anchors explored what that news means for investors -- and reacted to comments by St. Louis Fed President James Bullard, who said he wouldn't rule out a 75 basis point rate hike. U.S. airlines in the spotlight, dropping mask requirements for passengers and crew members after a federal judge overturned the CDC's mask mandate for airlines, airports and public transportation. Also in focus: Natural gas tumbles and stocks rally, Johnson & Johnson leads the earnings parade, sources say Apollo Global Management may be willing to provide financing for a Twitter buyout, what to expect from Netflix's after-the-bell results, and Blackstone’s $13 billion bet on campus housing.
4/19/202243 minutes, 32 seconds
Episode Artwork

BofA Kicks Off a Big Earnings Week, Musk's Takeover Offer: Should Twitter "Take the Money ... and Run"? Plus -- Didi Tumbles In Preparation for U.S. Delisting. 4/18/22

Carl Quintanilla, David Faber and Morgan Brennan led off the show with Bank of America's better-than-expected quarterly results, kicking off a busy week of earnings reports as the 10-year note yield rises to highs not seen since late 2018. MoffettNathanson Senior Managing Director Michael Nathanson joined the program to discuss why Twitter should "Take the money ... and run" and accept Elon Musk's takeover offer. Also in focus: An inside look at Rivian and its supply chain challenges with shares of the electric vehicle startup down more than 60% year-to-date, Didi shares tumble after the Chinese ride-hailing firm schedules a vote on delisting from the U.S., and a report from on the ground in China on the impact of Shanghai's weeks-long lockdown as it battles a COVID outbreak.
4/18/202244 minutes, 9 seconds
Episode Artwork

Elon Musk Offers to Buy Twitter 4/14/22

Carl Quintanilla and Jim Cramer begin the hour with breaking news, discussing Tesla CEO Elon Musk’s offer to buy Twitter for $54.20 a share, or about $43 billion. In a letter sent to Twitter Chairman Bret Taylor, Elon Musk wrote “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.” Jim Cramer went on to say that he believes that Twitter’s board has ‘no choice’ but to reject Musk’s offer. Also in the mix: Bank earnings continued with Goldman Sachs, Morgan Stanley, Citigroup and Wells Fargo all reporting results.
4/14/202246 minutes, 33 seconds
Episode Artwork

JPM’s Profit Plunge, Fed’s “Fantasy,” Delta Shares Soar 4/13/22

Carl Quintanilla, Jim Cramer and David Faber begin the hour by breaking down JPMorgan’s Q1 results. The big bank reported a $524 million hit from market dislocations caused by Russian sanctions. The company’s profit dropped 42% from a year earlier to $8.28 billion. Another big name reporting results to watch is Delta Air Lines, announcing it is expecting a return to profit this quarter thanks to a jump in bookings and fares. Also in the mix: St. Louis Fed President James Bullard said it is a “fantasy” to believe modest rate rises can effectively combat inflation.
4/13/202242 minutes, 43 seconds
Episode Artwork

Manifest Space Episode #10: Small Satellites & SPACs with Terran Orbital’s Marc Bell 4/12/22

As the satellite market heats up and stock market cools, Morgan discusses the small satellite landscape with Marc Bell, co-founder, chairman & CEO of recently-public small satellite manufacturer Terran Orbit.
4/12/202224 minutes, 7 seconds
Episode Artwork

Inflation Nation, China’s Covid Lockdowns Causing Chaos, Apple CEO Speaks Out on Privacy Security 4/12/22

Carl Quintanilla and Jim Cramer react to the massive inflation data. CPI jumping 8.5% for a year prior, slightly hotter than what economist had anticipated. It is the highest year-over-year gain since the early days of the Reagan Administration back in December of 1981. Plus, China continuing to deal with its Covid lockdown. The U.S. State department now ordering all non-emergency government staff in shanghai to leave, and U.S. citizens to reconsider travel to China. CarMax shares slumping after a bottom line miss for its latest quarter, as sales volumes are slowing and average selling prices continue to rise. Plus, Tim Cook taking the podium at the International Association of Privacy Professionals’ Global Privacy Summit. Carl & Jim respond to Cooks comments on the fight for privacy.
4/12/202243 minutes, 11 seconds
Episode Artwork

Musk Opts Out, Nio Hikes Prices & Suspends Production, Cleveland Fed President Mester: Increased Recession Risk, A New Era for Warner Bros. 4/11/22

Carl Quintanilla, Jim Cramer and David Faber discuss the big breaking news of the morning. Twitter CEO, Parag Agrawal announcing Elon Musk decided not to join the company’s board. He writes in the announcement, “I believe this is for the best. We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input.” Musk over the weekend tweeting a number of ideas about how he wanted to change the social media company, which have since been deleted. One tweet suggested turning Twitter’s San Francisco HQ into a homeless shelter because “no one shows up anyways.” Amazon’s Jeff Bezos responded to that tweet saying it was a great idea and shared a story of a similar initiative at Amazon. Plus, David breaks down the future of Warner Brothers Discovery, which began trading over at the Nasdaq at the open. Carl, Jim and David discuss investor and economist fears of a recession ahead. Including comments from Cleveland Fed President Loretta Mester saying there is an increased risk of recession, but she remains optimistic. Also, Nio shares slumping on news it’s going to be hiking prices and suspending its production.
4/11/202243 minutes, 56 seconds
Episode Artwork

Going "Ape" As Goldman Says "Sell" Robinhood, Musk's Tesla "Cyber Rodeo," and Thiel Slams Buffett and Other "Enemies" of Crypto. 4/8/22

Jim Cramer and David Faber led off the show with Robinhood being downgraded to "sell" by Goldman Sachs. Are we in the midst of a retreat by the apes? The anchors also discussed Elon Musk and Tesla's grand opening of its new $1.1 billion "Gigafactory" in Texas, as well as the company's goals for producing the Cybertruck and other vehicles. Jim and David also reacted to harsh words billionaire investor Peter Thiel had for Warren Buffett at a bitcoin conference. Thiel called Buffett a "sociopathic grandpa from Omaha" and listed him, Jamie Dimon and Larry Fink as "enemies" of crypto. Also in focus: A rough week for tech and the transports, advertising slowdown worries, and the WarnerMedia-Discovery merger deal on the verge of closing.
4/8/202243 minutes, 45 seconds
Episode Artwork

Morning After the Tech Sell-off, “Buffett Effect” As HP Surges on Berkshire Stake, Shell Issues a $5B Russia Warning and Big Oil Execs Grilled on High Gas Prices 4/7/22

After two days of stock market declines fueled by Fed-related news, Jim Cramer and David Faber discussed how investors should navigate the tech sector slump following Wednesday's Nasdaq sell-off. On the flip side, the anchors explored what to make of Warren Buffett's big bet on HP Inc.: The stock surged after Berkshire Hathaway disclosed an 11% stake in the personal computer and printer maker. Also in focus: Fed's Bullard on inflation and hiking interest rates, Shell said it sees a Q1 write-down of up to $5 billion due to its pullout from Russia, what the CEOs of Exxon Mobil and Chevron said at a House subcommittee hearing on high gasoline prices, plus the biggest movers -- including what Conagra and Levi Strauss are telling us about the consumer.
4/7/202244 minutes, 1 second
Episode Artwork

"Fedspeak" Pressures Stocks, Sec. Yellen and Big Oil Executives Head to the Hill, Plus JetBlue and Frontier's "Spirit-ed" Bidding War 4/6/22

Jim Cramer and David Faber focused on stocks extending Tuesday's losses in reaction to comments from Federal Reserve Governor Lael Brainard and Philadelphia Fed President Patrick Harker about balance sheet reduction and rate hikes. The anchors explored how investors should navigate the recent pullback in the tech sector. JetBlue makes an unsolicited $3.6 billion all-cash offer to acquire Spirit Airlines, which had already agreed to merge with Frontier in a $2.9 billion cash-and-stock deal. How will regulators react? Also in focus: Treasury Secretary Yellen's testimony before a House committee, big oil executives face a House panel at a hearing on skyrocketing gasoline prices, and Elon Musk adjusts the description of his Twitter stake -- removing the word "passive."
4/6/202243 minutes, 32 seconds
Episode Artwork

Manifest Space Episode #9: Amazon’s Space Play with ULA’s Tory Bruno 4/6/22

Amazon has announced a multibillion dollar investment in what’s being called the biggest commercial rocket deal in history. Furthering plans for its mega-constellation Project Kuiper, the tech giant is partnering with several providers, including Jeff Bezos’ Blue Origin, Arianespace and United Launch Alliance. Morgan speaks with Tory Bruno, ULA’s CEO to discuss the deal, Russian rocket engines, and how growing defense budgets could benefit space.
4/6/202213 minutes, 29 seconds
Episode Artwork

Musk Joins Twitter's Board, Markets and Fresh Sanctions, Carnival Jumps on “Busiest Booking Week” and Starbucks Falls on Day Two of Schultz's Return As CEO 4/5/22

Carl Quintanilla, Jim Cramer and David Faber led off the program with the big news of the morning. Elon Musk is joining Twitter's board and while serving on it, he has agreed not to own 14.9% of the company's common stock. The anchors discussed Musk's tweets related to the news and the impact he could have on Twitter, its stock and the social media landscape. Also in focus: Carnival leads the cruise stocks rally after announcing its busiest booking week on record, market reaction to the European Commission proposing a fresh set of sanctions against Russia, Cramer on buying Facebook parent Meta Platforms on the dips, and Starbucks shares under pressure: What interim CEO Howard Schultz reportedly told employees about making decisions based on the stock price.
4/5/202243 minutes, 47 seconds
Episode Artwork

Twitter Surges on Musk Stake, Schultz Returns As Starbucks CEO and Exclusives With the CEOs of AMD and Liberty Media. 4/4/22

Carl Quintanilla, Jim Cramer and David Faber began the show with reaction to big news regarding Twitter: The stock surged after Elon Musk disclosed a 9.2% stake in the company. The anchors also explored Starbucks founder Howard Schultz's return to the company as CEO on an interim basis and his decision to suspend the coffee chain's stock repurchasing program. AMD CEO Lisa Su joined the program exclusively to discuss her company's $1.9 billion acquisition of cloud startup Pensando and how it fits into her company's data center strategy, plus her take on the supply chain. In another exclusive, Liberty Media CEO Greg Maffei was interviewed about a wide range of topics, including his recent announcement about Formula 1's Grand Prix coming to Las Vegas. Also in focus: What Jamie Dimon said about the Fed in his annual letter to JPMorgan Chase shareholders.
4/4/202248 minutes, 47 seconds
Episode Artwork

Exclusive: Top White House Economic Adviser on the Jobs Report, Gas Prices and SPR. Plus, GameStop's "Split" Surge and the Chinese Stocks Rally. 4/1/22

As we kick off the second quarter, Carl Quintanilla and Jim Cramer led off the show with market reaction to the March employment report: Job growth up 431,000 – missing expectations-- but the unemployment rate fell to a two-year low of 3.6%. National Economic Council Director Brian Deese joined the program exclusively to discuss the numbers, as well as inflation and President Biden's decision to release millions of barrels of oil from the Strategic Petroleum reserve in an effort to reduce gasoline prices. Also in focus: GameStop shares surge as the company seeks shareholder approval for a stock split, what's behind the rally in Chinese stocks such as Alibaba and JD.com, and a report regarding a U.S. probe of Activision Blizzard.
4/1/202243 minutes, 45 seconds
Episode Artwork

Oil Tumbles on "Biden Effect," The Bulls Winning in March But the Bears Rule Q1, and Apple's Win Streak Ends at 11 3/31/22

On the final trading day of March and the first quarter, Carl Quintanilla and Jim Cramer discussed what's next for stocks after a strong month and what is likely to be the worst quarterly market performance in two years. Hear what they have to say about the winners and losers. Oil prices also in the spotlight, taking a hit on reports President Biden is considering the release of around one million barrels of oil per day from the Strategic Petroleum Reserve. Also in focus: Russian President Putin demands gas payments in rubles, Apple looks to rebound after ending its 11-session win streak, Walgreens shares fall despite an earnings beat, Amazon union vote counts, and the "downgrade parade" for AMD, HP, Dell and PVH.
3/31/202243 minutes, 44 seconds
Episode Artwork

Markets vs. Recession Fears, An Exclusive With Micron's CEO, and Apple Aims for 12 in a Row ... and $3T 3/30/22

Carl Quintanilla and Jim Cramer explored the markets trying to shrug off recession fears one day after a flat 2-year/10-year yield spread. The anchors reacted to RH CEO Gary Friedman's earnings call comments: He said inflation is "going to outrun the consumer." Apple also in focus as the stock aims to regain a $3 trillion market valuation along with a 12th straight positive session, which would match its record win streak set back in 2003. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss his company's upbeat earnings and guidance -- and Senate approval of the $52 billion bill aimed at boosting chip manufacturing in the U.S. Also in focus: Lululemon surges and Chewy tumbles.
3/30/202243 minutes, 30 seconds
Episode Artwork

The "Peace Talks Rally," FedEx CEO to Step Down, Meme Stock Madness After AMC Soars, and Nielsen to Go Private in a Buyout. 3/29/22

Carl Quintanilla, Jim Cramer and David Faber focused on the stock market rallying after one of Russia's top negotiators called peace talks with Ukraine "constructive." The anchors also reacted to news that FedEx founder Fred Smith will step down as CEO in June and be succeeded by COO Raj Subramaniam. Meme stock madness once again in the spotlight after shares of AMC soared on Monday: GameStop and AMC each more than doubling in the past two weeks. Also in focus: Nielsen Holdings agrees to be taken private in a deal valued at $28 per share or $16 billion including debt, WTI crude falls below $100, and should Disney become a meme stock?
3/29/202243 minutes, 48 seconds
Episode Artwork

Manifest Space Episode #8: Space Station Business with Axiom Space’s Michael Suffredini 3/29/22

Axiom Space, in partnership with NASA and SpaceX, is set to launch the first-ever all-private mission to the International Space Station. Morgan speaks with company co-founder & CEO Michael Suffredini about the upcoming mission, the impact of geopolitics on the I.S.S. & the company’s plans for a commercial space station.
3/29/202229 minutes, 15 seconds
Episode Artwork

Tesla's Stock Split Push, Shanghai Lockdown Effect, Apple Falls But Makes Oscars History, and Interviews with the CEOs of AMC and HP 3/28/22

Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla: Shares up sharply after the company disclosed it will ask shareholders to approve an increase in the number of additional shares, in order to enable another stock split. Apple shares fall on a report stating the company plans to cut production of the iPhone SE and Airpods. Cramer explains why he's still upbeat about Apple, whose streaming service became the first to win an Academy Award for best picture as "CODA" took the top prize Sunday night. AMC Entertainment CEO Adam Aron joined the program to discuss M&A, meme stocks, the movie business and Will Smith slapping Chris Rock on stage during the Oscars ceremony. The anchors also interviewed HP Inc. CEO Enrique Lores about his company agreeing to acquire Poly as HP bets on hybrid work trends. Also in focus: Oil prices tumble in reaction to Shanghai's lockdown amid a surge in COVID cases, crypto extends its March rally and the 10-year note yield hits 2.5%
3/28/202249 minutes, 9 seconds
Episode Artwork

Two-Week Stock Surge, U.S.-EU Nat Gas Deal vs. Russia, Apple Shoots for Nine, Investing in "MANGO" and Lighting Up the Cannabis Rally 3/25/22

Carl Quintanilla and Jim Cramer explored what's next for the markets, with the S&P 500 and Nasdaq each on track for a second consecutive week of gains. The anchors discussed Bank of America's bullish note on the chip sector and what it calls the "MANGO" stocks. Which one does Cramer like most? The U.S. and European Union strike a natural gas deal in an effort to reduce EU dependence on Russian energy. Jim outlines the natural gas stocks to buy right now. Also in focus: Apple aims for a nine-session win streak and the EU agrees on new rules to rein in big tech's dominance, cannabis stocks surge on hopes that Congress will pass a bill to legalize marijuana, Bed Bath and Beyond's settlement with billionaire investor and GameStop Chairman Ryan Cohen, one Wall Street firm’s 50 basis point rate hike call, and how to profit from the metaverse.
3/25/202241 minutes, 24 seconds
Episode Artwork

Market Volatility, New Sanctions on Russia, BlackRock's Fink Sees the End of Globalization, Nikola Shares Surge, and Airline CEOs to Biden: End the Mask Mandate 03/24/22

Carl Quintanilla and Jim Cramer discussed market volatility as President Biden met with G-7 and EU leaders at the NATO summit in Brussels. The U.S. announced a new round of sanctions on top Russian elites, officials and corporations. The anchors reacted to Blackrock CEO Larry Fink and Oaktree Co-Founder Howard Marks each warning of an end to globalization. Airline CEOs sent a letter to President Biden urging the White House to end pre-departure COVID testing and scrap the mask mandate for air travel. Also in focus: Nikola shares surge after the EV startup confirmed it started production of its battery-electric trucks, Uber agrees to list New York City taxis on its app, and whether to get in on big tech stocks' rebound.
3/24/202246 minutes, 41 seconds
Episode Artwork

Sanctions and Stocks, Chip CEOs Head to the Hill, An Exclusive with Adobe's CEO and GameStop Leads the Return of "Meme Stock Madness" 3/23/22

Carl Quintanilla and Jim Cramer focused on market volatility in wake of the the Russia-Ukraine conflict, as President Biden heads to Brussels for meetings with allies and NATO leaders to make the case for more aggressive sanctions against Russia. Chip industry CEOs including Intel and Micron head to Capitol Hill to testify before a Senate panel, as they seek subsidies to boost semiconductor production in the U.S. "Meme Stock Madness" back in the spotlight: GameStop extended its rally after chairman Ryan Cohen disclosed that he increased his stake in the company to 11.9%. Since mid-March, GameStop has soared more than 70% with AMC up 40%. Adobe CEO Shantanu Narayen joined the program to discuss his company's results, the outlook that weighed on the stock and halting sales in Russia. Also in focus: Jamie Dimon’s “Marshall Plan.”
3/23/202247 minutes, 50 seconds
Episode Artwork

Post-Powell Rebound for Stocks, Nike Rallies on Earnings and Alibaba Surges on its Record Buyback Plan 3/22/22

Carl Quintanilla and Jim Cramer explored why stocks have rebounded from Monday's decline, which was sparked by Fed Chair Jerome Powell saying he would not rule out larger interest rate hikes in order to combat inflation. The anchors also discussed Nike's better-than-expected quarterly results: The stock topped the list of Tuesday's gainers on the Dow and S&P 500. Alibaba also joined the rally and lifted beaten-down China stocks after announcing it would boost its stock buyback program to a record $25 billion. Also in focus: Carnival's wider-than-expected loss, Tesla opens its German "Gigafactory," Disney's staffing challenges, the Boeing jet crash in China, and Cramer on the retail shopping rebound.
3/22/202243 minutes, 34 seconds
Episode Artwork

Manifest Space Episode #7: Satellite Hacks with Viasat’s Mark Dankberg 3/22/22

As the annual Satellite 2022 conference kicks off in Washington D.C., the war in Ukraine is shedding light on the critical nature of space infrastructure. Morgan speaks with Mark Dankberg, Executive Chairman of Viasat to discuss the hack on his company’s services, how companies fortify satellite operations and overall outlook for competition in the space.
3/22/202212 minutes, 11 seconds
Episode Artwork

A New Market Week, Oil Surges, Boeing Jet Crashes in China, Buffett's M&A Monday and Bostic's Fed Rate Hike Call. 3/21/22

After the best week for stocks since November 2020, Carl Quintanilla and Jim Cramer discussed navigating market volatility in wake of higher oil prices and the Russia-Ukraine conflict. Boeing drags the Dow lower after a 737-800 jet crashes in southern China with 132 passengers and crew on board. M&A also in the spotlight: Warren Buffett's Berkshire Hathaway agrees to acquire insurer Alleghany for $11.6 billion -- and shares of Anaplan soar after the software maker agrees to be taken private by Thoma Bravo in a $10.7 billion deal. Also in focus: Atlanta Fed President Raphael Bostic says he expects a total of six rate hikes in 2022, General Motors buys Softbank's stake in GM's autonomous car unit, and why Cramer says "the oil stocks are terrific."
3/21/202243 minutes, 25 seconds
Episode Artwork

A Speculative Space, FedEx Earnings, Crypto Prices & Geopolitical Risks in Ukraine 3/18/22

CNBC’s Jim Cramer and the ‘Squawk on the Street’ team discuss shares of FedEx after the company released its fourth quarter earnings report. General Electric CEO Larry Culp has agreed to reduce his annual compensation by $10 million in 2022. Chris Kemp, Astra co-founder and CEO, discusses the company’s second orbital satellite launch, how Astra will operate the rest of the year and how he sees commercial demand for satellites going forward. Jill Gunter, Espresso Systems co-founder, discusses recent cryptocurrency prices, if there’s downside to crypto’s latest rally and what potential regulations could be coming to the cryptocurrency space. Plus, Vincent Deluard, STONEx global macro strategy director, discusses how he sees the war in Ukraine evolving, why U.S. stock valuations could drop 60% due to the war and inflation, and whether the bond market is correctly priced.
3/18/202243 minutes, 32 seconds
Episode Artwork

Morning After the Fed Hike Rally, Oil Jumps on "Supply Crisis" Warning, China Stocks Pull Back After Soaring, Buffett Boosts an Oil Bet and Berkshire Shares Top $500,000. 3/17/22

The morning after stocks rallied on the first Fed interest rate hike since 2018, Jim Cramer and David Faber reacted to comments by Fed Chair Jerome Powell about the probability of a recession. Jim explained why Powell should stop holding post-Fed decision news conferences. The anchors also discussed WTI Crude surging back above $100 per barrel after the International Energy Agency warned oil markets could face "the biggest supply crisis in decades” in wake of the Russia-Ukraine conflict. Also in focus: Chinese ADRs such as Alibaba pull back one day after soaring, "Bond King" Jeffrey Gundlach's eye-opening comments about the Nasdaq, Warren Buffett's Berkshire Hathaway increases its stake in Occidental Petroleum, Berkshire's "A" shares surpass the $500,000 mark, how to handle the recent weakness in high-multiple stocks, and "SPAC-ulation" intensifies.
3/17/202244 minutes, 2 seconds
Episode Artwork

Ukranian President's Historic Address to Congress, Starbucks CEO to Retire, Chinese Tech Stocks' Big Surge and the Countdown to the Fed Decision. 3/16/22

Jim Cramer and David Faber led off the show with a look at the markets, followed by a history-making virtual speech to Congress by Ukrainian President Volodymyr Zelenskyy, who urged the U.S. to provide more military aid as Russia intensifies its attacks on his country. Jim and David also delved into the big news out of Starbucks: CEO Kevin Johnson is set to retire in April and founder Howard Schultz has been named interim CEO until the company selects a new leader. The anchors weighed in on Johnson's tenure and Starbucks' transition plan. Also in focus: Why Chinese tech stocks including Alibaba soared and recouped most of their big losses over the past week, and investors awaiting a key interest rate decision by the Fed.
3/16/202254 minutes, 49 seconds
Episode Artwork

Manifest Space Episode #6: Sorting Space Data with Palantir’s Katie Ward & Anand Gupta 3/15/22

Palantir specializes in gathering data, analyzing it, and offering A.I. based solutions to government agencies and commercial companies for some of the most complex problems in the world. The software company has expanded its services to the space sector as more companies look to parse through the data captured by commercial satellites. Morgan discusses Palantir's space capabilities with Lead Product Manager on GeoSpatial Products Katie Ward and Head of Engineering for R&D Anand Gupta.
3/15/202232 minutes, 57 seconds
Episode Artwork

Inflation Data Lifts Stocks, Crude Falls Below $100, Chinese Stocks Tumble Further, Netflix and the Pandemic Free Fall, and AMC "Mines" a Deal 3/15/22

Jim Cramer and David Faber focused on how investors should navigate market volatility -- with tamer-than-expected wholesale inflation data lifting stocks and WTI crude falling below $100 per barrel in reaction to Russia-Ukraine ceasefire talks. Jim elaborates on "de-risking" and explains why "the negativity is based in reality." Also in focus: The Chinese tech stock sell-off accelerates, Netflix and other stay-at-home stocks which have lost their pandemic gains, and in a move you might not associate with a movie theater chain -- AMC Entertainment agrees to buy a 22% stake in a gold and silver mining company.
3/15/202243 minutes, 56 seconds
Episode Artwork

Markets' Eye on the Russia-Ukraine Talks, Triple Whammy for Chinese Stocks, and an Interview With Affirm Holdings' CEO Max Levchin.

Jim Cramer and David Faber kicked off a new market week by focusing on volatility and a drop in oil prices in wake of the Russia-Ukraine conflict, as both sides engage in talks aimed at ending the war. The anchors took an in-depth look at the extended sell-off in Chinese stocks -- taking a hit on COVID-19 lockdowns in China, worries that Chinese companies' stocks will be delisted in the U.S., and reports that Russia has asked China for help in its war with Ukraine. Should you buy Alibaba at a six-year low? Affirm Holdings CEO Max Levchin appeared on the program: The co-founder of PayPal offered a unique perspective on the Russia-Ukraine war as someone who is a native of Kyiv. Levchin also discussed Affirm's raised guidance, with the stock down 70% year-to-date.
3/14/202245 minutes, 54 seconds
Episode Artwork

Russia-Ukraine Effect on Markets, Putin vs. Biden, Yellen on Inflation, Rivian Tumbles, AT&T's Future, GE CEO's Outlook and the Fears Hitting Chinese Stocks

As the Russia-Ukraine conflict remains in focus: David Faber, Morgan Brennan and Mike Santoli led off the show with markets looking to recoup Thursday's losses. Russian President Putin said there are "certain positive developments" in talks with Ukraine. His comments were followed by news that President Biden was set to announce new actions against Russia. The anchors also took a closer look at Rivian: Shares of the electric vehicle startup tumbled on results and guidance impacted by supply chain disruptions. Also in focus: AT&T's 2022 and 2023 guidance as a standalone company once WarnerMedia and Discovery merge, Morgan's interview with General Electric CEO Larry Culp, what Treasury Secretary Yellen told CNBC about inflation, and U.S.-listed shares of Chinese companies plunge as fears of delisting resurface.
3/11/202243 minutes, 51 seconds
Episode Artwork

Russia-Ukraine Worries and Fresh 40-Year High Inflation Pressure Stocks, But Amazon Jumps On a 20-for-1 Stock Split and $10B Buyback.

Carl Quintanilla, David Faber and Mike Santoli led off the show with a look at stock markets under pressure: Russia-Ukraine talks yielded no breakthroughs and the Consumer Price Index showed U.S. inflation hitting a fresh 40-year high. Shares of Amazon jumped after the company's board approved a 20-for-1 stock split and a $10 billion share buyback plan. Carl, David and Mike explored the trend of big tech companies going the stock split route and what it means for the group. The energy sector also higher, as crude oil recoups some of Wednesday's price losses. The anchors and a Wall Street analyst discussed what's next for the oil stocks rally, with Chevron up 25% since the Russia-Ukraine conflict began.
3/10/202243 minutes, 52 seconds
Episode Artwork

Stocks Rally and Oil Falls With Russia-Ukraine Conflict in Focus, McDonald’s and Starbucks Suspend Business in Russia and President Biden's Executive Order Sparks Crypto Surge

One day after a volatile session for the markets, Carl Quintanilla, David Faber and Mike Santoli discussed what to make of the stock market rallying on lower commodity prices and hopes for talks aimed at easing the Russia-Ukraine conflict. The anchors also explored what's next for McDonald's, Starbucks, Coca-Cola and PepsiCo -- they've joined the list of companies suspending aspects of their business in Russia. National Economic Council Director Brian Deese joined the program to discuss President Biden's executive order on digital assets, which sparked a rally in bitcoin and cryptocurrencies overall. Carl, David and Mike also interviewed him about the Russian oil import ban and the impact of rising gasoline prices on consumers.
3/9/202246 minutes
Episode Artwork

Crude Prices Surge, Pres. Biden and a Ban on Russian Oil Imports, Companies Feeling Pressure to Stop Doing Business in Russia, and What to Make of the "Treacherous" Markets.

Carl Quintanilla, David Faber and Mike Santoli led the show with news that sparked a surge in crude oil prices: President Biden set to announce a U.S. ban on Russian oil and gas exports. The anchors took a closer look at the latest companies to take actions against Russia because of its invasion of Ukraine, including Shell, Yum Brands and Estee Lauder. Snap-On CEO Nick Pinchuk appeared on the program to discuss supply chain challenges for U.S. companies. Also on the show: A report from on the ground in Ukraine, Google buys cybersecurity firm Mandiant for $5.4 billion, stock winners and losers, plus why the markets have been -- in the words of one of the anchors -- "so treacherous."
3/8/202243 minutes, 29 seconds
Episode Artwork

Russia-Ukraine Effect, Market Volatility, $130 Crude, Buffett Buys OXY But Icahn Sells, Bed Bath and Beyond Soars and the NYSE's President On Halting Trading in Russian Stocks.

Carl Quintanilla, David Faber and Morgan Brennan kicked off a new week of trading by focusing on market volatility as the Russia-Ukraine conflict intensifies. WTI Crude briefly surpassed $130 per barrel and the average price of U.S. gasoline topped $4 a gallon -- both for the first time since 2008. How should investors navigate it all? Also in focus: Warren Buffett's Berkshire Hathaway reveals a $5.1 billion stake in Occidental Petroleum and Carl Icahn sells his remaining stake in the energy company, Bed Bath and Beyond shares soar more than 60% after GameStop Chairman Ryan Cohen disclosed a nearly 10% stake in the retailer, and NYSE President Lynn Martin joined the program to discuss the Big Board's decision to halt trading in shares of Russia-based companies.
3/7/202242 minutes, 55 seconds
Episode Artwork

Nuclear Worries and The Markets: Russia-Ukraine Conflict Overshadows Upbeat February Jobs Report

Carl Quintanilla, Jim Cramer and David Faber focused on Russia-Ukraine tensions roiling the markets: Russian forces have taken control of Europe's largest nuclear power plant located in southeastern Ukraine, after shelling the plant and starting a fire which Ukrainian authorities said has been safely extinguished. The anchors highlighted the impact the conflict and sanctions against Russia have had on both U.S. and European Banks, as well the biggest weekly surge in crude oil prices since 2020. Geopolitical risks have overshadowed a much better-than-expected February jobs report, which showed non-farm payrolls up 678,000 for the month. Also in focus: Broadcom as a bright spot on a rough day for chip stocks, Gap gets a boost from earnings, and a "Faber Report" on how the White House's antitrust strategy could impact potential M&A deals.
3/4/202243 minutes, 18 seconds
Episode Artwork

Exclusive Interview With Citi CEO Jane Fraser, The Fed-Fueled Rally, and Snowflake "Melts" on Growth Forecast

Carl Quintanilla, Jim Cramer and David Faber explored market volatility one day after comments by Fed Chair Jerome Powell sparked a rally on Wall Street. During testimony on Capitol Hill, Powell said the Fed is not on "autopilot" and that he is "inclined to support" a 25 basis point rate hike in March. David interviewed Citi CEO Jane Fraser in a "CNBC Exclusive," discussing the company's strategic bets, the U.S. consumer and "managing down" exposure to Russia. Also in focus: Shares of Snowflake tumbled in reaction to the cloud company's weaker-than-expected outlook, Best Buy jumps despite a quarterly sales miss, plus the "Putin effect" on oil prices and stocks.
3/3/202249 minutes, 24 seconds
Episode Artwork

Oil Jumps to 2011 Highs, Russia-Ukraine Tensions Escalate, Ford's Split Decision on EVs and Fed Chair Powell Heads to the Hill.

The morning after President Biden's State of the Union address, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at crude oil prices surging to 2011 highs in wake of sanctions against Russia. What's at stake for investors? The anchors reacted to President Biden's address, in which he said Russian counterpart Vladimir Putin "badly miscalculated" by attacking Ukraine. Carl, Jim and David also looked at Fed Chair Jerome Powell's take on inflation and rates ahead of his Capitol Hill testimony on the economy. Ford shares jumped on news it will run its electric vehicle and internal combustion units as separate entities within the automaker. Also in focus: What Salesforce Chair Marc Benioff told CNBC about his company's record results, Apple, Exxon Mobil and Boeing cut ties with Russia, Nordstrom shares soar on quarterly results, Citi's outlook and an interview with Nextdoor CEO Sarah Friar about her company’s first quarterly report as a public company.
3/2/202243 minutes, 12 seconds
Episode Artwork

Russia-Ukraine Conflict Effect: Stocks Fall and WTI Crude Tops $100/Barrel -- We Get Reaction from Chevron's CEO, and Target Surges on Earnings.

Carl Quintanilla, Jim Cramer and David Faber focused on market reaction to the latest developments surrounding the Russia-Ukraine conflict, including WTI crude surpassing $100/barrel for the first time since 2014. Chevron Chairman & CEO Mike Wirth joined the program with his take on the surge in crude, the company's exposure to Russia and Chevron’s increased guidance on share buybacks. The anchors also discussed Target's better-than-expected quarterly results, propelling the stock to its biggest one-day percentage jump since the year 2020. Also in focus: A tough day for shares of EV maker Lucid and Zoom Video.
3/1/202243 minutes, 26 seconds
Episode Artwork

Manifest Space Episode #5: A More Secure Space with Virgin Orbit’s Dan Hart

A growing number of U.S. officials warn that the Russia-Ukraine conflict could extend to space, threatening critical satellite infrastructure that is crucial to everyday life. Morgan Brennan speaks with Dan Hart, CEO of Virgin Orbit— one of Richard Branson's space ventures— about his company's work deploying satellites for governments, security risks for satellites in orbit—along with the promise of affordable and fast launch services offsetting potential threats.
3/1/202231 minutes, 46 seconds
Episode Artwork

Markets Slump and Oil Jumps, Russian Sanctions Effect, M&A from Chevron's Clean Energy Bet to TD Bank's $13B deal, plus NYC Mayor Eric Adams on Set With Cramer and Faber

Jim Cramer and David Faber led off the show with a look at market volatility in wake of the Russia-Ukraine crisis. Western nations ramped up sanctions against Russia, resulting in the ruble hitting fresh record lows and the Russian central bank more than doubling its key interest rate to 20%. Cramer explains why he sees all of the "negativism" in the market as "baffling" and highlights the names he believes are buys right now. M&A also in focus: Chevron raising its bet on clean energy in a deal to buy Renewable Energy Group for $3.15-billion in cash, while TD Bank agrees to acquire First Horizon in a $13.4-billion deal. New York City Mayor Eric Adams joined Jim and David on set after ringing the NYSE opening bell. They discussed issues including COVID and the economy, lifting vaccination and mask mandates, and efforts to make the city the crypto capital of the world.
2/28/202246 minutes, 40 seconds
Episode Artwork

Investors Continue to Assess Financial Risks From Russia’s Invasion of Ukraine

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the recent market volatility amid Russia’s attack on Ukraine. Stocks attempted to rally amid reports that Russia was ready to send delegation to Minsk for talks with Ukraine. CNBC’s Eunice Yoon also joined the show, live from Beijing, after reporting that Russia’s Putin and China’s Xi spoke over the phone. Separately, the anchors hit another batch of big earnings with names like Block, Foot Locker, and Dell all on the move. Jim Cramer highlighted Etsy’s quarter for his Mad Dash calling it a “secular winner.”
2/25/202246 minutes, 30 seconds
Episode Artwork

Manifest Space Episode #4: Capturing Russia-Ukraine with Planet Labs’ Will Marshall

The world is watching the Russia-Ukraine crisis— now with unprecedented views of the conflict as it unfolds. As the private space sector continues its rapid growth, commercial satellites are capturing the military buildup along the Ukrainian border and changing the national security landscape. Planet Labs co-founder & CEO Will Marshall joined Morgan to discuss how commercial satellite data is promoting greater transparency in global events and the data revolution in space.
2/24/202229 minutes, 24 seconds
Episode Artwork

Stocks Plummet As Russia Attacks Ukraine

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at stocks plunging after Russia invaded Ukraine. The NASDAQ touched its lowest level in nearly a year with the Dow and S&P on pace for their worst months since March 2020. The attack also sent gas and energy prices soaring; Brent and crude oil both topped $100/barrel. CNBC’s DC reporter Kayla Tausche joined the top of the show to breakdown the latest developments. Also in the mix: The anchors discussed a slew of tech stocks sliding after reporting results; Shares of eBay, Alibaba and Booking Holdings all dropped in early trading.
2/24/202248 minutes, 54 seconds
Episode Artwork

Geopolitical Risks to the Market, Exclusive with Goldman’s David Solomon, Musk vs. Biden

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the markets trying to bounce back a day after the S&P closed in correction territory amid escalating tensions between Russia and Ukraine; The Dow and Nasdaq hoping to avoid their fifth straight day of losses. Jim also sat down exclusively with Goldman Sachs CEO, David Solomon, to discuss the new Russia sanctions as well as the bank’s stock price, which is lagging its peers. Solomon defended the firm’s shift toward the steadier segments of the banking industry saying, “I think people are concerned that the capital markets environment is going to be less robust going forward in 2022-2023. But ... we are extremely confident that we can deliver, over the next three years, mid-teens returns for our shareholders." Also in the mix: Elon Musk detailed some of his frustrations with the current White House. In an email exchange with CNBC, Musk said “Biden has pointedly ignored Tesla at every turn and falsely stated to the public that GM leads the electric car industry, when in fact Tesla produced over 300,000 electric vehicles last quarter and GM produced 26.”
2/23/202243 minutes, 50 seconds
Episode Artwork

Russia-Ukraine Tensions Escalate, Energy Prices Rice, Retailers Report

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market volatility amid rising tensions between Russia and Ukraine. The Dow dropped triple digits at the market open, on pace for its 4th straight day of losses. The ongoing conflict also sent energy prices higher with WTI Crude hovering around $93/barrel. Also in the mix: Home Depot and Macy’s both reported results before the opening bell. The pair of retailers topped earnings expectations, but the stocks moved in opposite directions; Home Depot dropped more than 5% while Macy’s shares surged.
2/22/202245 minutes, 7 seconds
Episode Artwork

The Markets' Volatile Week, Roku Plunges As Part of "TMT Disaster," Cramer says "Start to Buy" Meta, Cathie Wood's "Very Undervalued" Message and the SPAC Sell-Off

One day after the Dow's worst performance of the year, Carl Quintanilla, Jim Cramer and David Faber drilled down on a volatile week for stocks as Russia-Ukraine tensions remain front and center. Roku also in the spotlight after its shares plummeted on weaker-than-expected revenue and guidance -- adding to a rough week for so-called TMT stocks (technology, media and telecom) including DraftKings, Palantir and Roblox. Cramer explains why he thinks now is the time to buy Facebook parent Meta Platforms. Separately, new data show that Meta has fallen off the list of the world's ten most valuable companies. Also in focus: ARK Invest CEO Cathie Wood tells CNBC that her Innovation ETF is "very undervalued," venture capitalist Chamath Palihapitiya steps down as Virgin Galactic chairman, why SPACs are continuing to tumble, and Intel CEO Pat Gelsinger tells analysts that the chipmaker can become the "next great growth story." Is he right?
2/18/202243 minutes, 16 seconds
Episode Artwork

Russia-Ukraine Worries and the "Very High" Threat, Cisco CEO Exclusive and the Earnings Parade: Walmart Jumps, Nvidia Shares Slump and DoorDash Soars

Carl Quintanilla and Jim Cramer focused on the geopolitical risks taking a toll on the markets: President Biden said the threat of a Russian invasion of Ukraine remains "very high," adding that such an invasion could take place within days. That news overshadowing quarterly results from the likes of Cisco, Walmart, Nvidia and DoorDash -- which saw its stock jump more than 20% as strong demand for food delivery fueled a surge in revenues. The anchors explored market reaction to those reports. In a CNBC Exclusive, Jim and Carl interviewed Cisco CEO Chuck Robbins about his company's upbeat quarterly results and guidance, as well as his take on the supply chain, inflation and speculation about a takeover bid for Splunk. Also in focus: Tesla accuses the SEC of harassing Elon Musk, plus shares of Facebook parent Meta extended their year-to-date losses.
2/17/202243 minutes, 14 seconds
Episode Artwork

Russia-Ukraine Worries Return to Markets, Bank of America CEO Talks Consumer and the Fed, Roblox CEO Reacts to Stock Getting Crushed, and Travel Stocks Extend Rally

One day after a relief rally on Wall Street, Carl Quintanilla and Jim Cramer discussed the markets giving back a chunk of Tuesday’s gains after Secretary of State Blinken said the U.S. has seen no evidence of a Russian troop pullback from Ukraine's borders. The reopening trade also in the spotlight: Moderna's CEO told CNBC Asia he believes COVID-19 could be in its final stages, while shares of Airbnb led travel stocks higher on upbeat quarterly results and guidance. Bank of America Chairman & CEO Brian Moynihan joined the program to discuss consumer spending, inflation, blockchain and what the Fed's interest rate strategy could mean for the company. Roblox shares plunged after the social gaming platform posted weaker-than-expected quarterly results and bookings. Roblox CEO David Baszucki appeared on the show to make the case for his company's growth and metaverse strategy. Also in focus: January retail sales exceed forecasts, Shopify and Wynn Resorts shares slide as part of the earnings parade, plus a preview of what to expect from Nvidia's after-the-bell earnings report.
2/16/202245 minutes, 36 seconds
Episode Artwork

Markets Rebound on Russia-Ukraine Developments, Inflation Surges, Intel's $5.4B Deal and Marriott Leads the Reopening Trade Higher

Carl Quintanilla and Jim Cramer explored the rebound in stocks -- and crude oil prices pulling back from seven-year highs -- after Russia said it is pulling back some of its troops from near Ukraine. The anchors also reacted to inflation data which showed January producer prices coming in hotter-than-expected, up 9.7% from a year ago. Carl and Jim highlighted the reopening trade: Marriott shares jumped to record highs as vaccinations and holiday traffic boosted quarterly results, while some states are scaling back COVID-related restrictions and companies are ramping up their return-to-office plans. The chip sector also in the spotlight: Intel agrees to buy Tower Semiconductor in a $5.4 billion deal -- and industry data show annual global semiconductor sales topped $500 billion for the first time. Cramer explains why this is "an exciting time" for the chips. Also in focus: Bitcoin rebounds, Fedspeak and why Cramer says "I'm with Bullard," plus merger talks reportedly progressing between Constellation Brands and Monster Beverage.
2/15/202243 minutes, 28 seconds
Episode Artwork

Manifest Space Episode #3: The Path to Polaris with Jared Isaacman

Billionaire entrepreneur Jared Isaacman made history last year as the mission commander of SpaceX’s Inspiration4, the first all-civilian space mission to orbit. Now he’s preparing to go to space again with the Polaris Program: a series of three human spaceflight missions aiming to hit even more milestones, including the first-ever commercial spacewalk. Isaacman, mission commander of the program’s first mission Polaris Dawn, joined Morgan from SpaceX’s Starbase to discuss the program, the role SpaceX’s massive rocket Starship will play, and why despite the risks and controversy, the case for commercial space.
2/15/202228 minutes, 18 seconds
Episode Artwork

Geopolitical Risks Fuel Market Volatility, Fed's Bullard on his 100-Basis Point Hike Message, Peloton CEO's "Sale" Answer, and Super Bowl Ad Fever

Jim Cramer and David Faber kicked off a new market week by focusing on volatility in wake of Russia-Ukraine tensions and the Fed's approach to hiking interest rates. The anchors reacted to what St. Louis Fed President James Bullard told CNBC about inflation and what sparked his take on raising rates by 100 basis points Cramer offered his views on how investors should navigate the market environment, especially when it comes to the energy sector. Also in focus: Peloton's new CEO comments about a potential sale of the company in a published interview, the resiliency of chip stocks, Splunk surges on a report of a buyout offer from Cisco, Lockheed Martin terminates its deal to acquire Aerojet, top bank analyst Mike Mayo's "valentine note" to JPMorgan Chase CEO Jamie Dimon, plus a look at Super Bowl ads dominated by crypto and automobile companies.
2/14/202243 minutes, 37 seconds
Episode Artwork

Morning After the Sell-Off: Rates and Bullard's "100" Effect, The Countdown to the Super Bowl, Earnings Winners and Losers, and Musk's SpaceX Starship Update

Carl Quintanilla, Morgan Brennan and Mike Santoli discussed another volatile day for stocks, following a Thursday sell-off sparked by inflation and interest rate hike fears. The anchors explored whether or not the markets overreacted to comments by St. Louis Fed President James Bullard, who said he would like "100 basis points in the bag by July 1." Earnings also in focus as "buy now, pay later" company Affirm tumbled on quarterly results, while Zillow and Expedia experienced gains. In Los Angeles County outside SoFi Stadium -- the site of Super Bowl LVI -- Carl previewed the big game, including a look at what is expected to be the busiest betting event in football history -- and what prominent athletes are saying about crypto. Also in focus: This week's cruise stocks rally -- one analyst told the anchors why he slapped one name in the group with a "sell" rating, SpaceX's Elon Musk highlights his Mars mission by giving his first starship update in two years, plus automakers impacted by the Canadian truckers' blockade in protest of COVID-19 vaccine mandates: A report from on the ground at the U.S.-Canada border.
2/11/202243 minutes, 9 seconds
Episode Artwork

40-year High Inflation Number Sends 10-Year Yield to 2%, Disney's Magic "Stream-Dom" Leads Earnings Parade, and Fmr. SEC Chair on Congressional Stock Trading Ban

Carl Quintanilla, Morgan Brennan and Mike Santoli led off the show with inflation data that pressured the markets: The Consumer Price Index for January up a hotter-than-expected 7.5% from a year ago -- a 40-year high. On that news, the10-year note yield hit 2% for the first time since 2019. The anchors explored what it all could mean for stocks and the Fed's interest rate strategy. In connection with the inflation story, they also reacted to earnings from the likes of Coca-Cola and PepsiCo. Carl, Morgan and Mike took a deep dive into Disney: The stock jumped sharply on quarterly results boosted by streaming subscriber growth and a rebound in its theme park business. Cowen's Disney analyst joined the show to discuss what he sees ahead for the stock. Former SEC Chair Jay Clayton also appeared on the program with his take on the movement to ban members of Congress from trading stocks. Also in focus: Uber, Mattel and Twilio get a lift from quarterly results, while Twitter posts a Q4 miss and announces a new $4 billion stock buyback program.
2/10/202244 minutes, 2 seconds
Episode Artwork

Extending The Market Rally, Speaker Pelosi and the Congressional Stock Trading Ban, The Meta "Curse" in 2022 and Yum! Brands' CEO on Earnings, Food and Inflation

Carl Quintanilla, Morgan Brennan and Mike Santoli discussed the extension of Tuesday's stock rally as the recent jump in bond yields took a breather and bargain hunters snapped up tech shares. The anchors reacted to Atlanta Fed President Raphael Bostic's comments to CNBC -- he said he's hopeful a slow decline in inflation is in the cards. Speaking of inflation Shares of Chipotle rose sharply on better-than-expected quarterly results fueled by higher menu prices. Yum! Brands CEO David Gibbs joined the program to discuss his company's quarterly results as revenues and same-store sales beat forecasts. Big news out of Washington as House Speaker Nancy Pelosi now says she is getting behind the movement to ban members of Congress from trading stocks while in office. Also in focus: How investors should play Meta's 2022 stock slump and fall below $600 billion in market cap, Lyft’s quarterly results and the omicron effect, plus Peloton's post-shakeup stock surge.
2/9/202243 minutes, 31 seconds
Episode Artwork

Shake-up at Peloton, Nvidia-Arm Deal Scrapped, Pfizer Slumps on Revenue Miss, Meta Extends Losses, and Neil Young Takes Aim at Spotify ... Again.

Carl Quintanilla, David Faber and Mike Santoli led off the program with big news involving Peloton: Co-Founder John Foley to step down as CEO and be replaced by former Spotify executive Barry McCarthy. Foley will become executive chair. Peloton also confirmed it plans to cut 2,800 jobs -- and reported a larger-than-expected quarterly loss. The anchors explored what it all means for Peloton's future and reacted to Foley's conference call comments about "missteps along the way." Tech M&A also in the spotlight as Nvidia abandons its deal to acquire chip designer Arm from Softbank, citing heightened regulatory scrutiny. Also in focus: Pfizer shares slump on guidance and a revenue miss, Meta shares extend losses - the Facebook parent falls below Nvidia in market cap, Peter Thiel to retire from Meta's board, GM gets downgraded, a "Faber Report" on Softbank's earnings and message from CEO Masayoshi Son, and music legend Neil Young calls on Spotify employees to quit the company in wake of the Joe Rogan podcast controversy.
2/8/202243 minutes, 16 seconds
Episode Artwork

Manifest Space Episode #2: Getting to Venus with Rocket Lab’s Peter Beck

In this episode of Manifest Space, CNBC’s Morgan Brennan speaks with Rocket Lab’s founder and CEO Peter Beck. The company, dubbed by Wall Street as an end-to-end pure space play, provides launch service, spacecraft and satellite component design and manufacturing. Hear their deep-dive into the origins of the company, the latest on their reusable rocket manufacturing and Beck’s vision for Venus.
2/8/202240 minutes, 10 seconds
Episode Artwork

Peloton Soars on Buyout Interest Reports, Spotify CEO: "Silencing" Joe Rogan Is Not The Answer, and Airline M&A: Frontier-Spirit Merger Deal

Carl Quintanilla, David Faber and Mike Santoli looked at what's ahead for the market after a volatile week for stocks. They also explored what to make of Peloton: The stock soaring on reports that Amazon, Nike and others are mulling possible bids for the company. M&A also in focus: Discount airlines Frontier and Spirit agree to a merger deal. The anchors discussed the latest chapter in the Spotify-Joe Rogan podcast controversy: CEO Daniel Ek apologized to employees regarding how they've been affected, but added that he won't pull Rogan from Spotify -- "I do not believe silencing Joe is the answer." Also in focus: Alibaba shares fall -- plus where Softbank fits into the picture, Amazon's stock buyback, Tyson shares spike after higher prices led to blowout earnings, and Salesforce's Olympics and Super Bowl ad takes aim at Jeff Bezos and Mark Zuckerberg when it comes to the metaverse.
2/7/202243 minutes, 39 seconds
Episode Artwork

Amazon and Snap Surge After The Meta-Fueled Tech Sell-off, Labor Secretary Walsh on the January Jobs Report, and Ford Slumps on a Q4 Miss.

Carl Quintanilla, Jim Cramer and David Faber kicked off the program by focusing on tech after Thursday's sell-off: Amazon and Snap each up double-digits after beating Wall Street estimates with their respective quarterly results.-- but Facebook parent Meta Platforms extended losses after experiencing a record one-day market cap loss of $232 billion. What should investors make of the tech volatility? The anchors also discussed the better-than-expected employment report which shows 467,000 jobs were added in January despite the omicron spread. Carl, Jim and David interviewed U.S. Labor Secretary Marty Walsh about the jobs data, what's behind the sharp November and December revisions -- and where COVID fits into the picture. Also in focus: Ford and Clorox tumble on earnings misses, a "Faber Report" on the future of "Warner Bros. Discovery" as media executives weigh in on the shakeup at CNN, and Cramer previews his CNBC Investing Club special event featuring AMD CEO Lisa Su.
2/4/202246 minutes, 32 seconds
Episode Artwork

Tech Sell-off and the "Meta-Reverse": Shares of Facebook's Parent Plunge and Spotify Sinks on Outlook

Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look into Facebook parent Meta Platforms: The stock on track for its worst-ever one day performance after the company's weaker-than-expected earnings, user numbers and guidance. The Meta news dragging down social media stocks as part of an overall tech sell-off. The anchors reacted to what Meta CEO Mark Zuckerberg said on his company's earnings call about competition from TikTok. Cramer explained why Meta plummeting constitutes an "eyeball moment." Shares of Spotify also down sharply despite upbeat growth numbers -- its subscriber outlook disappointed Wall Street amid the Joe Rogan podcast controversy. Also in focus: How investors in big tech should navigate the markets now, ECB's Christine Lagarde says she won't rule out a 2022 rate hike, plus why T-Mobile and other stocks are higher in the midst of a market sell-off.
2/3/202244 minutes, 49 seconds
Episode Artwork

Earnings Wednesday: Alphabet Soars, PayPal Tumbles -- and "First on CNBC" Interviews with the CEOs of GM, AMD and Starbucks

Carl Quintanilla, Jim Cramer and David Faber explored market reaction to earnings taking center stage on a busy Wednesday: Shares of Google parent Alphabet soared after it posted better-than-expected quarterly results and declared a 20-for-1 stock split, while PayPal shares tumbled after the company missed bottom line forecasts and issued a weaker-than-expected current quarter outlook. Cramer weighed in on whether investors should buy PayPal on the slump. A trio of CEOs joined the program to discuss their respective quarterly results and more: General Motors' Mary Barra on ramping up electric vehicle production as part of her company's growth strategy, AMD's Lisa Su on strong data center chip demand and the company's planned acquisition of Xilinx, and Starbucks' Kevin Johnson on high costs impacting the coffee chain's bottom line and outlook -- as well as challenges related to the omicron outbreak and employees pushing to unionize.
2/2/202244 minutes, 22 seconds
Episode Artwork

Markets Enter February, AT&T Slumps on Planned Dividend Cut and WarnerMedia Spin-off, UPS Leads Earnings Gainers and Tom Brady Announces Retirement

On the first trading day of February Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the markets after a January to forget for the bulls. On the earnings front, shares of UPS surged on upbeat results, guidance and a 49% dividend hike -- while Exxon Mobil posted a mixed fourth quarter. David takes an in-depth look at AT&T: Shares fell sharply after the company announced plans to slash its dividend and spin off WarnerMedia after the Discovery deal closes. Also in focus: What to expect from Alphabet's earnings, the FTC to review Microsoft's planned $68.7 billion acquisition of Activision Blizzard, The New York Times buys popular online word game "Wordle" and seven-time Super Bowl champion Tom Brady announces his retirement from the NFL. Carl, Jim and David react to the Brady news and discuss how successful the season has been for the NFL.
2/1/202243 minutes, 34 seconds
Episode Artwork

Bulls to January: “Good Riddance!,” Spotify Responds to Joe Rogan Controversy, Citrix to Go Private in $16.5B Deal, Cathie Wood’s Robinhood Bargain Hunt and Netflix Jumps

On the last trading day of the month, Carl Quintanilla, Jim Cramer and David Faber discussed a rough January for stocks and one of the worst-ever starts to the year for the Nasdaq. What could signs of a slowdown in China mean for the markets going forward? Spotify responding to the controversy surrounding its podcast hosted by Joe Rogan, who has been accused of spreading misinformation about COVID-19. The streaming service published its platform rules -- and said it will add a content advisory directing listeners to its COVID-19 information hub. The anchors reacted to Spotify’s move and Rogan’s apology. Shares of Citrix fell after the cloud company agreed to be taken private by affiliates of Elliott Investment Management and Vista Equity Partners for $16.5 billion including the assumption of debt. Also in focus: Why Netflix started the session as the top performer on the S&P 500, Cathie Wood’s ARK Invest buys Robinhood shares at record lows, and The New York Times’ surprise involving Cramer.
1/31/202243 minutes, 48 seconds
Episode Artwork

End of a Volatile Market Week, Apple Jumps on Earnings, Robinhood’s Slump Steepens and “SARK” vs. Cathie Wood’s “ARKK”

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at Apple: Shares rose after the company posted better-than-expected quarterly results, including an 11% jump in revenue. The anchors reacted to what Apple CEO Tim Cook told CNBC about improvement in the supply chain as well as the sales performance of Apple’s products. Other earnings in the spotlight: Visa, Caterpillar and Chevron – on the final trading day of a volatile week for stocks, with Nasdaq on pace for its worst January in history. Robinhood shares tumbled on wider-than-expected losses and weaker guidance. Carl, Jim and David reacted to earnings call comments by CEO Vlad Tenev about Robinhood’s stock price – down more than 70% from its IPO price. Cramer highlighted a tough month for Cathie Wood’s ARK Innovation ETF (ARKK) and the big surge by Tuttle Capital’s “SARK” – an ETF that Jim says “literally shorts whatever Cathie goes long.” Find out where “Cutty Sark” fits into the mix.
1/28/202243 minutes, 24 seconds
Episode Artwork

Markets Rally, Tesla and the Earnings Parade, Southwest’s Outgoing CEO on Profitability and Omicron, ServiceNow CEO on Stock Surge, and Netflix and “Bill.”

One day after the Fed weighed on markets by signaling a mid-March rate hike, Carl Quintanilla, Jim Cramer and David Faber stayed on top of a rally sparked in part by stronger-than-expected fourth quarter GDP, showing 6.9% growth on an annualized basis. Cramer explained how investors should approach high-multiple stocks. The anchors also explored market reaction to earnings from the likes of Tesla, Intel, McDonald’s and NBCUniversal parent Comcast. Southwest Airlines Chairman & CEO Gary Kelly discussed his company’s first quarterly operating profit since the pandemic began, as well as the challenges ahead due to omicron. Kelly passes the CEO reins to Robert Jordan on Tuesday. ServiceNow CEO Bill McDermott also appeared on the program to discuss quarterly results that propelled the stock higher by double-digits. Also in focus: Netflix rallies after hedge fund manager Bill Ackman disclosed a stake in the company.
1/27/202244 minutes, 15 seconds
Episode Artwork

Rollercoaster Week Rolls On: Markets Rally Ahead of Fed Decision, Exclusives With the CEOs of Boeing and AT&T, and the Cloud Boosts Microsoft

One day after another furious late session rebound for stocks – this one falling short – Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets rallying hours ahead of a much-anticipated Fed decision and statement. Microsoft giving the tech sector a big boost after reporting quarterly results and guidance. The anchors reacted to Microsoft’s earnings call, including CFO Amy Hood’s cloud growth comments that lifted the stock and CEO Satya Nadella’s remarks on how the Activision Blizzard deal could help Microsoft shape the metaverse. In an exclusive, Phil LeBeau and Jim interviewed Boeing CEO Dave Calhoun, who explained why the company’s $4.4 billion charge in the fourth quarter should not overshadow the progress his company is making. David spoke exclusively with AT&T CEO John Stankey about the company’s quarterly results, the wireless/broadband wars and when Stankey expects the “Warner Bros. Discovery” merger to close.
1/26/202245 minutes, 35 seconds
Episode Artwork

Market Slumps After Historic Rebound and Earnings Season Heats Up – Interviews with the CEOs of GE and Raytheon Technologies.

Carl Quintanilla, Jim Cramer and David Faber delved into another volatile day for the markets. Stocks tumble one day after an amazing turnaround for the major indices, which finished Monday’s session in the green after the Dow erased a 1,000+ point loss and the Nasdaq recovered from a 4.9% plunge. Jim explains why he tweeted “a big down opening that tests near the lows of yesterday” would be good for the market. Earnings also on the front burner: American Express was the biggest S&P 500 gainer on better-than-expected quarterly results, while shares of General Electric and Raytheon Technologies each fell sharply on mixed results. GE Chairman & CEO Larry Culp and Raytheon Chairman & CEO Greg Hayes joined the program to discuss their companies’ numbers and the road ahead: Also in focus: Semiconductors and the tech slump, the Fed begins its two-day policy meeting and Lockheed Martin says it expects the Federal Trade Commission will likely sue to block its planned $4.4 billion deal for Aerojet Rocketdyne.
1/25/202252 minutes, 22 seconds
Episode Artwork

Manifest Space Episode #1: Mission Launch...Space Billionaires

With a surge of rocket launches, human spaceflight and startups looking to go public, the new space race is here. But who stands to benefit from the profits beyond our atmosphere? In the pilot episode of “Manifest Space,” CNBC’s Morgan Brennan breaks down how space billionaires are leading the way toward the final frontier. Hear interviews with Jeff Bezos, Sir. Richard Branson, Jared Isaacman and more.
1/25/202217 minutes, 10 seconds
Episode Artwork

Ugly Start to the Week for Stocks: Rate Hike Worries, Russia-Ukraine Tensions, Crypto Collapses, Earnings Watch -- and When Will Growth Stocks Bottom?

Carl Quintanilla, Jim Cramer and David Faber focused on stocks tumbling to begin the week – the Dow falling for a seventh-straight day, the S&P 500 entering correction territory and the Nasdaq touching eight-month lows. Also in the mix: Bitcoin extending losses, down 50% from its record high. The anchors explored what investors should do now in wake of rate hike worries ahead of this week’s two-day Fed meeting, geopolitics and Russia-Ukraine tensions, and the slump in growth stocks ahead of this week’s earnings reports from the likes of Apple and Microsoft. Unilever and Kohl’s bucking the downtrend, surging on activist investor-related news.
1/24/202243 minutes, 59 seconds
Episode Artwork

Netflix Plummets, Peloton After the Sell-Off, Nasdaq Correction Deepens, Intel’s $20B Bet, and Carl Icahn Says Some Market Multiples Are “Crazy”

On a big day full of tech news, Jim Cramer and David Faber led off the show with Netflix: Shares tumbled more than 20% in reaction to the company’s subscriber growth outlook. The anchors discussed what’s at stake for the streaming landscape and brought back the “penguins” as analysts lined up to downgrade Netflix. After Peloton shares fell 24% Thursday on CNBC’s report that the company is temporarily halting production on its key products, Peloton announced it is reviewing its production levels – and CEO John Foley fired back at the CNBC report. Also in focus: Nasdaq on track for its worst week since March 2020, Intel to invest $20 billion in two new plants in Ohio to manufacture advanced chips, buying semiconductor stocks on the dips, “the danger of SPACs,” and Carl Icahn to CNBC on the markets: “Some of the multiples are crazy.”
1/21/202243 minutes, 35 seconds
Episode Artwork

The Nasdaq Correction, SEC Chair Gensler’s Message on Regulating Crypto, Omicron Effect on Airline Earnings and Bookings, and Capitalizing on the Energy Rally

Carl Quintanilla, Jim Cramer and David Faber explored markets trying to rebound amid the recent tech sector slump: Nasdaq in correction territory – down 10% from its highs – and entering the session down more than 8% since the beginning of the month. SEC Chair Gary Gensler says to expect increased regulatory scrutiny of cryptocurrency trading platforms. The anchors reacted to what Gensler told Jim Cramer on CNBC when it comes to Dogecoin. Airline earnings from American and Delta also in the spotlight – as well as what the carriers’ CEOs told CNBC about the omicron variant’s impact on bookings. Also in focus: The energy sector rally and ESG, meme stock moves and Ford vs. Tesla.
1/20/202243 minutes, 15 seconds
Episode Artwork

Squawk on the Street

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
1/19/202243 minutes, 50 seconds
Episode Artwork

Microsoft Gaming and Activision Blizzard CEOs on Their Companies’ Mega-Deal, Goldman Sachs Misses and Stocks Tumble, Exxon's Net Zero Carbon Emissions Goal, and BlackRock's Fink on "Woke" Capitalism

Carl Quintanilla, Jim Cramer and David Faber led off the show with news of a mega-deal: Microsoft agreeing to acquire "Call of Duty" videogame publisher Activision Blizzard for $95 per share or $68.7 billion in cash. Becky Quick, Jim and David interviewed Microsoft Gaming CEO Phil Spencer and Activision Blizzard CEO Bobby Kotick in a CNBC Exclusive. There was more for the anchors to discuss on a busy Tuesday: Markets in sell-off mode as yields rise and Goldman Sachs posts a fourth-quarter earnings miss, BlackRock CEO Larry Fink out with his annual letter in which he says stakeholder capitalism is not "woke," Exxon Mobil aims for net zero greenhouse gas emissions by 2050, the tech sector extends its 2022 slump and GlaxoSmithKline rejects Unilever's $68.4 billion offer to acquire GSK's consumer health business.
1/18/202246 minutes, 31 seconds
Episode Artwork

Big Bank Earnings and a Retail Sales Slump Weigh on Markets -- While Tech Tries to Rebound From Thursday's Sell-off

David Faber, Morgan Brennan and Mike Santoli focused on a rough start for the Dow and S&P 500: Both under pressure after big banks kicked off earnings season with their quarterly results -- and new data showed weaker-than-expected retail sales in December in wake of the omicron outbreak and inflation. JPMorgan Chase and Citigroup each fell sharply after posting a decline in quarterly profits, while Wells Fargo's results gave the stock a lift. Piper Sandler analyst Jeff Harte offered his perspective on the banks, while top retail analyst Matthew Boss of J.P. Morgan shared his favorite names in the group he covers. Also in focus: The tech stocks bouncing back from Thursday's sell-off, Fedspeak on rate hikes, casino stocks rally, Disney gets downgraded and space stocks take a hit.
1/14/202243 minutes, 27 seconds
Episode Artwork

Markets & Inflation Data Day 2, Fed Vice Chair Nominee Heads to the Hill, VP Harris on COVID Test "Urgency", Delta Beats, and TPG's IPO: The Biggest of 2022

Inflation once again on center stage: Carl Quintanilla, David Faber and Mike Santoli focused on market reaction to a tamer-than-expected Producer Price Index for December -- as well as growth stocks vs. value. The anchors also discussed Fed Vice Chair nominee Lael Brainard's prepared testimony on inflation ahead of her confirmation hearing on Capitol Hill. Carl, David and Mike reacted to Vice President Kamala Harris' comments to NBC's "Today" show -- she estimates COVID-19 tests for all Americans will go out next week, calling the move "a matter of urgency" for the White House. Cowen internet analyst John Blackledge joined the program to discuss his 2022 ad tech outlook as well as why he downgraded Snap. Also in focus: Delta posting better-than-expected fourth-quarter results despite the omicron variant spread, private equity firm TPG going public with the biggest IPO of 2022 so far, and AMC CEO Adam Aron unloading $7 million more of his company's shares -- but tweeting that he's finished selling.
1/13/202243 minutes, 40 seconds
Episode Artwork

Markets Shrug Off Hot Inflation Data, the Financials on a Record Run, and Has the Nasdaq Bottomed? Plus: Biogen Slumps on Medicare and Alzheimer's Drug News: Reaction from the CEO of Novartis

Carl Quintanilla, Jim Cramer and David Faber on inflation watch: Markets rise despite data showing consumer prices up 7% in December from a year ago. Cramer offered his perspective on how Fed Chair Jerome Powell is handling inflation in wake of Tuesday's re-confirmation hearing on Capitol Hill. The anchors also reacted to what Domino's CEO Richard Allison told CNBC about how he sees the inflation picture. Also in focus: The financial sector's record run ahead of big bank earnings, Nasdaq coming off its best day in three weeks: Has it bottomed? Dish Network shares jump on reports it is in merger talks with DirecTV, DoorDash CEO Tony Xu joins the board of Facebook parent Meta and Biogen shares tumble on Medicare decided it would only cover the company's Alzheimer's drug under certain conditions. On day three of the J.P. Morgan Healthcare conference, Meg Tirrell interviewed Novartis CEO Vas Narasimhan about everything from its licensing of a COVID drug to Medicare's decision on covering Biogen's Alzheimer's drug.
1/12/202243 minutes, 50 seconds
Episode Artwork

Tech’s Turnaround, Powell on the Hill, Reddit Rebellion: 1-Year Later

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market volatility, with the Nasdaq snapping a 4-day losing streak during yesterday’s late rebound. The S&P is looking to avoid it 6th straight day of declines. The anchors also hit the 1-year anniversary of the Reddit Rebellion, when Chewy co-founder Ryan Cohen was named to Gamestop’s board of directors. Shares of $GME are up more than 500% over the last 12-months. Also in the mix: Abercrombie & Fitch shares moved higher despite the retailer lowering its guidance for fourth-quarter sales. This follows Lululemon warning of reduced Q4 revenue earlier in the week, citing staff shortages and reduced store hours due to the surge in Covid-19 cases.
1/11/202243 minutes, 14 seconds
Episode Artwork

Stocks and Crypto Extend Slump, Exclusive With Take-Two CEO on Zynga Deal, and Gilead Sciences CEO on the Battle to Treat COVID

Carl Quintanilla, Jim Cramer and David Faber explored how investors should navigate a rough start to the week for stocks: The tech sector extending its 2022 sell-off amid rising bond yields. Bitcoin and other cryptocurrencies also continuing to take a hit. Take-Two Interactive was the S&P 500's worst performer after the home of "Grand Theft Auto" announced it has agreed to acquire mobile gaming company Zynga for $9.86 per share in cash and stock, representing a 64% premium to Friday's closing price. Take-Two Chairman & CEO Strauss Zelnick appeared on the program exclusively to discuss the deal. As part of CNBC's coverage of the virtual J.P. Morgan Health Care Conference, Meg Tirrell interviewed Gilead Sciences CEO Daniel O'Day about his company's antiviral "Remdesivir" and how the treatment is faring against the COVID-19 omicron variant. Carl, Jim and David reacted to Wall Street firms' top stock picks for 2022.
1/10/202242 minutes, 58 seconds
Episode Artwork

White House CEA Chair Reacts to December Jobs Data, GameStop Surges on NFT/Crypto Report and Abbott Labs CEO Looks to Boost COVID Test Production as Omicron Spreads

Carl Quintanilla and Jim Cramer focused on market reaction to the big news of the morning: The December employment report showed non-farm payrolls up 199,000 -- about half of what Wall Street had been expecting -- but the unemployment rate fell to 3.9%. Cecelia Rouse -- Chair of President Biden's Council of Economic Advisers -- joined the program to discuss the jobs report, inflation, the COVID-19 omicron variant outbreak and what's at stake for the economy. GameStop shares soared on a report that the videogame retailer is launching a division to develop a marketplace for NFTs and establish cryptocurrency partnerships. The anchors did a "Squawk on the Street" flashback to April 2021 when Cramer said that GameStop has to "go crypto." Also in focus: Abbott Labs’ CEO said the company plans to boost production of its COVID-19 test kits to 100 million a month, Cramer on companies that should have gone public via IPO instead of striking SPAC deals, plus an upbeat week for the banking sector and cruise line stocks.
1/7/202243 minutes, 14 seconds
Episode Artwork

Morning After the "Fed Minutes" Sell-Off, Tech's New Year Tumble, The Crypto Slide and Pres. Biden's Remarks on January 6 One Year After the Capitol Hill Attack.

Carl Quintanilla and Jim Cramer explored how investors should navigate the markets and a slumping tech sector, one day after the minutes from the December Fed meeting sparked a Wall Street sell-off on interest rate fears -- resulting in the Nasdaq's worst day in eleven months. The anchors also discussed what to make of the deepening losses in Bitcoin and other cryptocurrencies. Carl and Jim also reacted to President Biden's speech on the first anniversary of the January 6 Capitol Hill attack. Also in focus: Why Wells Fargo downgraded Target and Dollar General, Netflix gets hit with Wall Street price target cuts, the White House says COVID-19 stimulus talks with lawmakers are ongoing, plus what New York City Mayor Eric Adams told CNBC about how Wall Street should get workers back to the office.
1/6/202257 minutes, 5 seconds
Episode Artwork

Tech Sector Extends Losses, Growth Stocks' "Shellacking," the White House Doubles Up on Pfizer's COVID Pill and France's Macron Says "Piss Off" the Unvaccinated.

Carl Quintanilla, Jim Cramer and David Faber discussed tech stocks extending losses from Tuesday's sell-off in light of rising rates. David highlighted the "shellacking" growth stocks have taken as of late, including Shopify, business software provider HubSpot, plus Salesforce and Adobe -- UBS cut both stocks from "Buy" to "Neutral." Lots of news surrounding COVID, including the CDC declining to add a negative test result requirement to its updated isolation guidelines, the Biden Administration doubling its order of Pfizer's antiviral pills to treat COVID -- and French President Macron's vow to "piss off" the unvaccinated. As for autos: Ford U.S. auto sales fell in December from a year ago but surged sequentially in Q4 -- and Chrysler said it plans to have an all-electric vehicle lineup by 2028. Also in focus: Allegiant Air orders 50 Boeing 737 Max jets, media stocks' upbeat start to 2022, travel stocks get a lift and shares of Beyond Meat jumps on news that KFC will roll out the company’s fried chicken substitute nationwide starting Monday.
1/5/202243 minutes, 17 seconds
Episode Artwork

New Market Records Despite Daily COVID Cases at 1M, $3T Apple, Banks Surge, Ford's "Lightning" Strike, and Theranos Founder Holmes Found Guilty of Fraud.

Carl Quintanilla, Jim Cramer and David Faber delved into another historic day for stocks: The Dow and S&P 500 setting fresh all-time highs, despite the news that daily COVID cases in the U.S. shattered records by surpassing one million on Monday. The anchors explored what's ahead for Apple one day after it briefly touched a $3 trillion valuation for the first time. They also discussed why bank stocks are helping to fuel the markets' record run. Ford among the big winners, up sharply after saying it plans to nearly double its annual production target for the "F-150 Lightning" electric pickup truck -- and announcing it would start accepting purchase orders for the vehicle. Theranos founder Elizabeth Holmes found guilty on four counts of fraud. Coverage included a report outside federal court in California, plus anchor reaction to a highlight from Cramer's 2015 interview with Holmes on CNBC.
1/4/202243 minutes, 49 seconds
Episode Artwork

2022 Market Kick-off, Carl and Jim Back at the NYSE, Omicron Spreads and FDA Approves Pfizer Booster for Kids 12-15, While Tesla Surges on Record Deliveries.

On the first trading day of 2022, Carl Quintanilla, Jim Cramer and David Faber explored what to expect from stocks this year after a bullish 2021. Carl and Jim returned to the NYSE for the first time since testing positive for COVID. The anchors discussed the challenges the country faces as the omicron variant outbreak accelerates – as well as developments including The FDA decision to authorize Pfizer COVID vaccine booster shots for children as young as twelve. Cramer says "I am done begging people to get vaccinated." The big stock story: Tesla shares surge after the company announced record fourth-quarter vehicle deliveries and an 87% jump in 2021 deliveries from a year ago. Also in focus: Wall Street’s bullish calls on the chip sector, AT&T and Verizon reject the FAA's request to delay the launch of 5G services -- and Apple resumes its march toward a $3 trillion market cap.
1/3/202243 minutes, 4 seconds
Episode Artwork

CNBC SPECIAL: Bob Iger’s Exit Interview

After nearly 50 years at the company, Bob Iger is stepping away from Disney. During his 15-year tenure as its CEO, 10 as its Chairman, Iger led the transformational acquisitions of Pixar, Marvel, Lucasfilm and 21st Century Fox, launched its Disney Plus streaming platform and helped steer the company through the coronavirus pandemic. After repeatedly pushing off his retirement, Iger now says he has “no regrets” on his decision and timing around stepping down. In this exclusive sit down, CNBC’s David Faber interviews Iger on his experience leading one of the most iconic media companies, the challenges he faced during his tenure, the future of the media business and what his plans are post-Disney. This is the their full conversation from December, 2021. You can watch the full interview on CNBC.com.
1/3/20221 hour, 5 minutes, 57 seconds
Episode Artwork

Bulls Win Big in 2021, The S&P 500 Tops the Major Indices, Omicron Effect on Travel, EV Stocks Outlook for 2022, and Sen. Sanders vs. Buffett.

On the final trading day of 2021, Scott Wapner, Leslie Picker and Mike Santoli explored what has been a bullish year for the stock markets despite volatility and the pandemic: The S&P 500 up 27%, outperforming the Nasdaq and the Dow. The anchors looked at this year's biggest market drivers and the action surrounding "meme stocks" such as GameStop and AMC. Then there's the effect of the COVID-19 omicron variant on travel, with airlines canceling more than 1,300 flights on Thursday and the CDC warning against cruise ship travel despite vaccination status. Also in focus: The 2022 outlook for EV stocks after a year that saw Tesla join the $1 trillion market cap club and Rivian surpass General Motors and Ford to become the second-most valuable automaker in the U.S., the year’s biggest market losers - Peloton's big slump continues thanks to a Wall Street downgrade, plus: Sen. Bernie Sanders tweet-slams Warren Buffett for not intervening in a Berkshire Hathaway-owned company's labor strike.
12/31/202143 minutes, 52 seconds
Episode Artwork

Record Closing Highs for the S&P 500: 70 and Counting? Plus: The Omicron Challenge, Micron and Samsung's Lockdown-Related Warnings and Playing Tesla in 2022.

Scott Wapner and Leslie Picker led off with a look at what's ahead for the markets one day after the S&P 500 posted its 70th record closing high of the year. Scott and Leslie also explored how businesses are grappling with the omicron variant as the U.S. and other countries shatter records for daily COVID-19 cases. The anchors reacted to comments Dr. Anthony Fauci made on CNBC about the reduced isolation guidelines. Micron and Samsung have warned that a COVID-19 lockdown in the Chinese city of Xian could impact chip production at their manufacturing plants. Tesla announces a recall of nearly 500,000 electric vehicles, but the stock is still up 50% for the year. Should you buy it in 2022? Also in focus: Billionaire investor Bill Ackman's tweet about "the Omicron scenario I was looking for."
12/30/202143 minutes, 28 seconds
Episode Artwork

Omicron Tempers the "Santa Claus Rally," Elon Musk Sells More Tesla Shares, the Chip Sector from a CEO's Perspective, and Apple in 2022: Survey Says...

One day after the "Santa Claus Rally" took a breather despite the S&P 500 hitting a new all-time high, Carl Quintanilla, Scott Wapner and Leslie Picker focused on markets trying to shrug off the omicron variant spread -- as cases surge and businesses try to cope with the outbreak without implementing lockdowns. The anchors also discussed Elon Musk's sale of another $1 billion in Tesla shares - moving closer to his goal of divesting his 10% stake in the company. The stock up 40% in three months, while Rivian, Ford and General Motors jockey for second place in the U.S. autos market cap race. Cypress Semiconductor founder and former CEO T.J. Rodgers joined the program to the share his outlook for the chip sector after a strong 2021. Also in focus: What the latest CNBC Stock Survey says about what to expect from Apple in 2022.
12/29/202143 minutes, 18 seconds
Episode Artwork

A Fresh Record High for the S&P 500, The New Omicron Rules, Peloton's Plunge, The "Green Chips" and 2022 Buying Opportunities

Carl Quintanilla, Scott Wapner and Leslie Picker discussed another record-setting day for stocks: The "Santa Claus Rally" continues with the S&P 500 hitting a fresh all-time intraday high. This as the omicron variant remains in the spotlight: The CDC cutting isolation time for those with asymptomatic COVID infections, Goldman Sachs reportedly requiring employees returning to the office to get booster shots, and Apple closing its twelve New York City stores to indoor traffic due to the omicron outbreak. Also in focus: Peloton shares down 75% this year -- are they worth buying ahead of the New Year? Plus: a record run for the chip sector, big tech moves from Tesla to Apple, and 2022 buying opportunities in the retail sector.
12/28/202143 minutes, 31 seconds
Episode Artwork

Travel Stocks Down on Omicron But the S&P 500 Sets a New All-Time High, the Holiday Retail Sales Boost and Big Tech vs. Regulation in 2022.

On the first trading day after Christmas, Carl Quintanilla, Scott Wapner and Kayla Tausche discussed why the S&P 500 hit a new record high despite the omicron outbreak, while travel stocks are taking a hit in wake of flight cancellations and the increase in COVID cases on cruise ships. Meantime, Moderna is facing shareholder pressure over the cost of its COVID vaccines. The anchors also explored data indicating the strongest holiday sales jump in 17 years -- and what that means for the economy and retail stocks heading into 2022. Also in focus: China’s Didi blocking investors from selling their shares in the company indefinitely, GoDaddy shares jump after activist investor Starboard takes a 6.5% stake in the company, plus what’s on tap for big tech in 2022 as the group faces regulatory headwinds.
12/27/202143 minutes, 10 seconds
Episode Artwork

The Santa Claus Rally, FDA Authorizes Merck and Pfizer COVID Treatment Pills, Chinese Stocks Under Pressure, Nikola Surges and Disney's Iger Talks Sports Rights.

On the final trading day before Christmas, Carl Quintanilla, Jim Cramer and David Faber focused on stocks aiming for a third straight day of gains, as investors shrug off worries about the omicron variant. Cramer weighs in on the "Santa Claus Rally" and explains why "it's very much an Nvidia market." The anchors discussed the FDA's authorization of Merck and Ridgeback Therapeutics' COVID-19 antiviral pill for emergency use -- one day after Pfizer's version was approved by the agency. Carl, Jim and David also reacted to President Biden's comments to ABC News: He said he doesn't think the shortage of at-home COVID tests is "a failure." Also in focus: Chinese stocks under pressure after Tencent announced it is slashing its stake in JD.com, Nikola shares soar after the EV startup said it completed its first electric vehicle delivery, and David's exclusive interview with Disney's Bob Iger on the future of sports rights.
12/23/202146 minutes, 30 seconds
Episode Artwork

After the Rally: Omicron's Impact on Markets and Corporations, Musk Says He's "Sold Enough" Tesla Stock and Blasts Sen. Warren Again, and Disney's Iger on Dealing With Rupert Murdoch

The morning after stocks recouped losses from Monday's sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of the COVID-19 Omicron outbreak after President Biden outlined his strategy for combating the variant. The anchors stressed the importance of getting the FDA to approve an oral treatment for COVID. Delta's CEO is asking the CDC to reduce its quarantine guidelines for breakthrough cases from ten days to five, while Amazon, T-Mobile and Facebook parent Meta are among the companies pulling out of the 2022 Consumer Electronics Show due to Omicron's spread. The anchors reacted to Former FDA Commissioner Dr. Scott Gottlieb telling CNBC the government has dropped the ball when it comes to making at-home tests available. Carl, Jim and David also discussed Tesla shares rising after Elon Musk said he has "sold enough" to meet his goal of selling ten percent of his stake in the company. The anchors also reacted to Musk continuing to blast Sen. Elizabeth Warren (D-MA): In an interview with news satire website "The Babylon Bee," Musk defended the amount in taxes has he to pay and claimed Warren "hasn't paid taxes, basically, at all." Also in focus: More from David's exclusive "exit interview" with Bob Iger: Disney's outgoing chairman explained what it was like to deal with Ruppert Murdoch and Fox.
12/22/202143 minutes, 27 seconds
Episode Artwork

David’s Exclusive With Disney's Bob Iger - The “Exit Interview.” The Market Bounces Back After the Sell-off, Carl Discloses Positive COVID Test, An Exclusive With Micron's CEO, and Nike Leads the Dow Higher

Carl Quintanilla, Jim Cramer and David Faber discussed the markets recouping most of their losses from Monday's sell-off, which was sparked by fears about the omicron variant spread. Cramer says December 21 historically marks the start of the "Santa Claus Rally.” Carl makes a surprise announcement: Like Jim, he has tested positive for COVID-19. David Faber had an exclusive and wide-ranging "exit interview" with Disney's Bob Iger, who is stepping down as chairman at the end of the year, following a 15-year run as CEO that ended in 2020. Micron shares topped the Nasdaq 100 in early trading: CEO Sanjay Mehrotra joined the program exclusively to discuss the chipmaker's upbeat quarterly results and guidance -- and why he sees chip shortages easing in 2022. Also in focus: Nike leads the Dow higher on an earnings beat despite supply chain issues, plus a look at how investors should approach pharma/vaccine/test kit stocks as President Biden prepares to outline his strategy for combating the omicron outbreak.
12/21/202145 minutes, 16 seconds
Episode Artwork

Omicron Fears Spark Market Sell-off, Cramer Discloses He Tested Positive for COVID, Sen. Manchin Rejects "Build Back Better”, plus Movies, Omicron and Meme Stocks with AMC’s CEO.

Jim Cramer and David Faber took a deep dive into the markets beginning the week in sell-off mode due to fears about the COVID-19 omicron variant spread: Jim says there are still "a lot of good stocks for sale." Cramer also disclosed that he has tested positive for COVID. Hear what Jim had to say about his experience and how he's feeling now. The anchors reacted to the announcement by Sen. Joe Manchin (D-WV) that he is a "No" vote on President Biden's "Build Back Better" legislation. AMC Entertainment Chairman & CEO Adam Aron appeared on the program. He discussed a strong weekend at his theaters despite the omicron spread -- the turnout sparked by the new "Spider-Man" film's blockbuster debut. Aron also spoke about his recent sale of some AMC shares after they soared and became one of the original "meme stocks." Also in focus: Moderna said data show its COVID booster shot shows higher protection against omicron, Oracle confirmed it has agreed to buy Cerner in a $28 billion deal, and David previewed his exclusive with Disney Executive Chairman and former CEO Bob Iger set to air Tuesday.
12/20/202149 minutes, 15 seconds
Episode Artwork

Volatile Friday for Stocks, Tech Under Pressure, Omicron Outbreak Jitters, Rivian Tumbles, a GM Unit CEO Gets Ready to "Cruise", and FedEx Jumps On An Earnings Beat.

One day after the worst sell-off for the tech sector since September, Carl Quintanilla, David Faber and Morgan Brennan focused on a volatile Friday for stocks as fears about rising rates and the COVID omicron variant spread take center stage. Shares of EV startup Rivian hit hard after the newly public company posted a quarterly loss and warned it would miss its 2021 production target. Shares of General Motors fell after it announced that the CEO of its "Cruise" autonomous driving unit is leaving the company. Also in focus: FedEx jumps on a quarterly earnings beat and a $5 billion stock buyback, The Consumer Financial Protection Bureau's inquiry into "buy now, pay later" firms including Affirm, sources say Oracle is in talks to buy infotech company Cerner, and the CDC recommends that adults receive the Pfizer and Moderna COVID vaccines rather than the Johnson & Johnson shot.
12/17/202143 minutes, 20 seconds
Episode Artwork

Fed Moves vs. Omicron Fears - Market Reaction, the CDC's Holiday COVID Warning, Apple Shifts on "Return to Work", Plus: McDonald's, Its Former CEO and the $105M Settlement.

The morning after a Fed-fueled rally, Carl Quintanilla and Jim Cramer explored the decision by Fed Chair Powell and his fellow policymakers to ramp up tapering – while indicating they might raise interest rates three times by the end of 2022. How should future rate hikes and the omicron variant outbreak fit into your investment strategy? The CDC has warned of a 55% surge in weekly COVID cases by Christmas Day, while Apple said it is delaying employees' return to the office to a date "yet to be determined." McDonald's reached a lawsuit settlement with its former CEO Steve Easterbrook, who had been fired for misconduct. Easterbrook paid back compensation valued at $105 million. Also in focus: Adobe and Lennar fall on earnings while Delta projects a surprise Q4 profit, a big list of Wall Street upgrades and downgrades, and the latest on Ford, Rivian and the EV wars.
12/16/202143 minutes, 33 seconds
Episode Artwork

Bracing for the Fed's Next Move as Retail Sales Disappoint, Elon Musk Fires Back at Sen. Warren., Plus the Omicron Variant Effect

Carl Quintanilla, Jim Cramer and David Faber led off the show with November retail sales data which came in well below economists' expectations, setting the stage for Wednesday's key Fed decision: With inflation in the mix, how much of a policy shift can investors expect? The anchors also discussed a spat between Sen. Elizabeth Warren and Elon Musk: In a tweet, Warren accused him of "freeloading" when it comes to paying taxes, Musk fired back at the senator with tweets of his own. Worries about COVID in the spotlight as cases rise and the CDC warns of a spike in infections due to the omicron variant . Will we see more shutdowns -- and is it a crisis of the unvaccinated? Also in focus: Eli Lilly shares higher on upbeat guidance, reaction to Wall Street firms' top picks for 2022, and find out why Cramer was hugging Faber.
12/15/202143 minutes, 39 seconds
Episode Artwork

Inflation Surges, Fed "In Trouble," Meme Stock Sadness, Tesla Below $1T Valuation As Musk Sells More Shares, and Pfizer's Antiviral COVID 19-Pill vs. Omicron.

Jim Cramer and David Faber led off the show with market reaction to the latest inflation data: The Producer Price Index shows wholesale prices surged in November, up 9.6% year-over-year. This as the Fed kicks off its final two-day policy meeting of 2021. Cramer explained why he believes "we have a Fed that is in trouble" and what that could mean for investors. Jim and David explored what has been a rough December for "meme stocks" such as AMC and GameStop. The anchors also discussed Elon Musk selling more shares of Tesla -- the company's market cap has fallen below $1-trillion. Pfizer announced that a final study of its antiviral COVID-19 pill showed it to be 89% effective in preventing hospitalizations and deaths in high-risk patients. Pfizer also said the drug appears to be effective against the omicron variant. Also in focus: 3M's food safety unit deal and why Morgan Stanley sees 2022 as "a critical year" for Disney.
12/14/202143 minutes, 20 seconds
Episode Artwork

Apple Closes In On $3T Valuation, Musk Named Time's "Person of the Year," Harley-Davidson to Take EV Unit Public Via SPAC -- and Peloton Fires Back At the "Sex and the City" Reboot

After the S&P 500 posted a record closing high on Friday, David Faber and Jim Cramer took a closer look at Apple: The tech giant within striking distance of hitting a $3-trillion valuation. The anchors explored a note from Goldman Sachs which says Apple, Microsoft, Nvidia, Alphabet and Tesla account for 51% of returns since April. What does this mean for investors? On the electric vehicle front: Time magazine names Elon Musk its "Person of the Year for" for 2021 -- and shares of Harley-Davidson surge on news it is taking its EV unit public via a SPAC. David and Jim also discussed Peloton firing back at its portrayal on HBO Max's "Sex and the City" reboot, which implied that its fitness equipment could lead to health complications. Peloton out with a parody ad, essentially saying that’s not true. Also in focus: Pfizer in the spotlight on a COVID booster shot study and M&A, a death in the UK from the omicron variant, Disney shares fall after "West Side Story" disappoints at the box office, and Dollar Tree vs. activists.
12/13/202143 minutes, 38 seconds
Episode Artwork

Inflation Hits a 1982 high, Oracle Soars and Larry Ellison Throws Shade, SEC Chair Gensler's Message on SPACs, and Highlights from Cramer's “Investing Club” Special.

Carl Quintanilla, Jim Cramer and David Faber kicked off the program with market reaction to inflation data showing November's Consumer Price Index rose to highs not seen since 1982. What does this mean for the Fed? The anchors reacted to comments Costco's CFO made on his company's earnings call about the supply chain and its impact on Christmas. Oracle a big topic of discussion: The stock up double-digits on strong quarterly results and chairman Larry Ellison took a veiled swipe at cloud rival Amazon Web Services on his company's earnings call. Also in focus: SEC Chair Gary Gensler's online video comments about SPACs and protecting investors, a look back at Jim Cramer's special "CNBC Investing Club" digital event -- including what Ford CEO Jim Farley told him about demand for its electric vehicles, Broadcom jumps on earnings, AMC executives sell more shares and Peloton's slump continues after a Wall Street downgrade.
12/10/202143 minutes, 18 seconds
Episode Artwork

Apple's March Toward $3T, Cathie Wood's Bubble Message, GameStop Falls, RH on the Supply Chain "Mess" and An Interview With the Current and Future CEOs of Southwest Airlines.

Carl Quintanilla, Jim Cramer and David Faber explored the road ahead for shares of Apple as it marches toward a $3-trillion market valuation. They also reacted to what ARK Invest CEO Cathie Wood told CNBC about the "innovation stocks" in her ETFs. Wood said "we are nowhere near a bubble." GameStop drops on a wider loss from a year ago and disclosure of an SEC subpoena, but the "meme stock" still up more than 750-percent in 2021. Jim interviewed Southwest Airlines Chairman & CEO Gary Kelly and incoming CEO Robert Jordan after the carrier's investor day. They discussed travel demand amid the pandemic, ESG commitments, and Southwest's game plan for growth once Kelly passes the torch to Jordan. Also in focus: RH shares surge on earnings while its CEO calls supply chains "the worst we've ever seen," plus a "Faber Report" on the 2022 outlook for broadband and cable companies that have seen their stocks slump this year.
12/9/202147 minutes, 13 seconds
Episode Artwork

After the Rally: Pfizer's COVID Booster vs. Omicron, Apple's Record Run, The EV Battle Intensifies and Stitch Fix Plummets

The morning after the best day for both the S&P 500 and Nasdaq since March, Carl Quintanilla, Jim Cramer and David Faber led off the show with news out of Pfizer and BioNTech: Data shows their COVID-19 vaccine neutralized the omicron variant with three shots. The anchors discussed market moves on that news and reacted to what Pfizer CEO Albert Bourla told CNBC about prospects for an omicron variant vaccine. Apple shares hit a new record high despite a report stating that iPhone 13 production was weaker-than-expected in September and October. Carl, Jim and David explored developments in the EV space: Barclays' note stating Rivian's deposit count lags those of Tesla and Ford, one Wall Street firm gives Tesla a $1580 price target and Ford CEO Jim Farley told CNBC how bullish he is about demand for the company's EVs. Also in focus: Stitch Fix tumbles more than 25%, Southwest's booking guidance, Roku rallies, a rough 2021 for broadband and wireless stocks, and Facebook parent "Meta" allows workers to delay their return to the office in wake of the pandemic.
12/8/202143 minutes, 51 seconds
Episode Artwork

Rally Rolls On, Intel’s Spin-Off, American Airlines’ C-Suite Shuffle

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the markets extending yesterday’s rally, with the Dow coming off its best performance in 9 months. Among the leaders was Apple, notching a new record-high as Morgan Stanley analyst Katy Huberty boosted her price target to $200. Another big mover in the tech sector was Intel, after announcing plans to take its self-driving car unit Mobileye public in the U.S. next year. The anchors spoke exclusively with Intel CEO Pat Gelsinger, with the new company targeting an IPO valuation upwards of $50 billion. Also in the mix: American Airlines CEO Doug Parker announced he will retire next March, after more than 20 years at the helm. He will be succeeded by the carrier’s president, Robert Isom.
12/7/202143 minutes, 31 seconds
Episode Artwork

Rivian vs. Tesla, Bitcoin’s Brutal Weekend, CNBC’s Next Generation 50

Carl Quintanilla and Jim Cramer began the show with a look at the EV space heating up, as Morgan Stanley analyst Adam Jonas called Rivian “‘the one that can challenge Tesla.” Separately, Tesla shares were under pressure as the SEC opened an investigation into the company after a whistleblower disclosed solar panel defects. The anchors also hit Bitcoin’s brutal weekend, after dropping 17% from Friday night into Saturday morning, with the cryptocurrency now below $50K. Also in the mix: CNBC launched a new index, the “CNBC Next Generation 50,” which tracks stocks younger consumers and investors are most interested in. Some names in the group include Apple, Chewy, Etsy, Lyft, Moderna and Zoom Video.
12/6/202143 minutes, 33 seconds
Episode Artwork

Commerce Secretary Reacts to the Jobs Report, Omicron and the Volatile Market Week, the FTC Sues to Block Nvidia-Arm Deal, DocuSign Plunges and Its CEO Says “We Weren’t Executing.”

Wrapping up a volatile week for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to the November jobs report, which showed non-farm payrolls up by a lower-than-expected 210,000 but the unemployment rate fell and the labor participation rate edged higher. The anchors interviewed Commerce Secretary Gina Raimondo about White House reaction to the jobs report and President Biden’s strategy for battling the COVID-19 omicron variant. Chip sector news also in the spotlight: The Federal Trade Commission said it is suing to block Nvidia’s planned $40B deal to acquire chip designer Arm from Softbank, while shares of Marvell Technology soared on quarterly results. On the flip side, stay-at-home stock darling DocuSign plunged more than 30-percent on a Q3 loss and weaker-than-expected guidance. The anchors reacted to this mea culpa from CEO Dan Springer: “We weren’t ready. We weren’t executing.”
12/3/202143 minutes, 48 seconds
Episode Artwork

Market Volatility and the Omicron Effect: An Oversold Market? Apple Slumps and Boeing Gets a China Lift

Carl Quintanilla, Jim Cramer and David Faber explored the market volatility one day after stocks sold off on news of the first confirmed U.S. case of the COVID-19 omicron variant. Stocks surged to begin Thursday's trading but will the rally hold unlike Wednesday's action? Cramer discussed why he thinks the market is oversold and what investors should buy now. The anchors also reacted to a sharp decline in shares of Apple on a published report that says the company has warned suppliers that demand for its iPhone 13 lineup has weakened. On the flip side, Boeing shares jumped after China set a directive for resumption of 737 MAX flights. Also in focus: Ford U.S. vehicle sales rose in November as EV sales more than doubled, why one Wall Street analyst prefers General Motors to Ford, and J.P. Morgan's take on omicron: What if the variant ends up being positive for risk?
12/2/202143 minutes, 25 seconds
Episode Artwork

Markets Rebound After Tuesday’s Sell-off, An Exclusive With Exxon Mobil's Chairman & CEO, Salesforce Slumps and Names a Co-CEO, and An FDA Panel Endorses Merck's COVID-19 Pill.

On the first trading day of December, Carl Quintanilla, Jim Cramer and David Faber discussed the rebound in stocks after Tuesday's sell-off was sparked by COVID and inflation fears. In a CNBC Exclusive, David Faber interviewed Exxon Mobil Chairman & CEO Darren Woods about the company's capital spending plan. The energy giant says it expects to double earnings and cash flow by 2027 from 2019's levels -- while also reducing emissions. The anchors reacted to shares of Salesforce declining sharply as guidance overshadowed better-than-expected quarterly results. The company also promoted Bret Taylor to the role of Co-CEO alongside Marc Benioff -- this after Taylor was named chairman of Twitter earlier in the week. Also in focus: Merck's oral COVID-19 treatment was narrowly endorsed by an FDA panel, EV stocks join the rally, plus Phil LeBeau's interview with the CEO of GE Aviation.
12/1/202146 minutes, 30 seconds
Episode Artwork

The Return of the Market's COVID Worries, Powell and Yellen Head to Capitol Hill, Twitter's Future With a New CEO, and McMillon vs. Supply Chains

One day after the market recouped some of its losses from Friday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber focused on a rough start for stocks as worries about the COVID-19 omicron variant resurface: Moderna's CEO predicts existing vaccines will be less effective against omicron, while Regeneron's CEO says the same about its COVID antibody cocktail. The anchors discussed how investors can navigate the volatility. Carl, Jim and David also discussed what to expect from Fed Chair Powell and Treasury Secretary Yellen's testimony on the economy and COVID before the Senate Banking Committee. Also in focus: The stocks that are bucking the downtrend, the road ahead for Twitter with Parag Agrawal replacing Jack Dorsey as CEO, Walmart’s Doug McMillion expressed optimism about supply chain improvements – while Tesla’s Elon Musk tweeted that this year's "supply chain nightmare" is not over.
11/30/202144 minutes, 5 seconds
Episode Artwork

Stocks Rebound, Twitter CEO Jack Dorsey Steps Down

Carl Quintanilla, Jim Cramer and David Faber began by breaking down the bounce back in stocks following Friday’s massive sell-off, with scientists around the world scrambling for more data about the Omicron variant. Travel and energy stocks were among the top gainers on the S&P. David Faber also reported some breaking corporate news, with Twitter CEO Jack Dorsey stepping down, effective immediately. The company’s chief technology officer, Parag Agrawal, will take over the helm. Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders. At the time of the announcement, both shares of Twitter and Dorsey’s other company, Square, moved higher on the news.
11/29/202152 minutes, 7 seconds
Episode Artwork

Dow Plunges 1,000+ Points on New Covid Concerns

David Faber, Morgan Brennan and Mike Santoli began the show with a look at stocks selling off on the shortened trading day, as a new Covid variant found in South Africa triggered a global shift away from risk assets. The Dow dropped more than 1,000 points, on pace for its worst day of the year. Jim Cramer also called-in to warn investors that today’s sell-off is not a buying opportunity, given the large amount of uncertainty still remaining. Airline and cruise stocks were among the biggest laggards on the S&P 500, but stay-at-home names like Peloton and Zoom Video surged, benefitting from the renewed Covid fears. Cryptocurrencies were also not able to avoid the carnage, with Bitcoin falling into bear market territory, trading below $55K.
11/26/202155 minutes, 4 seconds
Episode Artwork

The Tech Slump, Cathie Wood Talks Risks, Nordstrom and Gap Shares Plunge, and An Exclusive With the CEO of American Express and Lin-Manuel Miranda.

Heading into the Thanksgiving holiday, Carl Quintanilla, David Faber and Mike Santoli discussed what's at stake for investors in wake of this week's tech slump. The anchors also reacted to Ark Invest CEO Cathie Wood's comments to CNBC on everything from long-term risks to why she bought Zoom Media on the dips. Shares of Nordstrom and Gap each plunged more than 20% after posting disappointing Q3 results -- impacted by supply chain issues and labor costs. In a CNBC exclusive, Sara Eisen interviewed American Express CEO Steve Squeri about the recent weakness in payments stocks -- and spoke to Lin-Manuel Miranda about the reopening of Broadway. Also in focus: The Q4 outlook for airlines as holiday travel surges, HP and Dell among the earnings winners, and a mea culpa from JPMorgan Chase CEO Jamie Dimon after he made a joke about the Chinese Communist Party.
11/24/202143 minutes, 21 seconds
Episode Artwork

Oil Stocks Jump Despite White House's Strategic Petroleum Reserve Plan, The Tech Slump for Zoom and Other One-Time High Fliers, Plus the COVID Effect: Travel Warnings and Medtronic's CEO

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at President Biden's decision to tap the U.S. Strategic Petroleum Reserve in an effort to lower gasoline prices at the pump. Other countries have announced similar measures. So why are energy stocks and crude prices shrugging off that news? The anchors also focused on tech the morning after a late session sell-off for the sector, including Zoom Video tumbling despite a quarterly beat -- and why one-time high fliers such as Palantir and Chegg have lost more than half of their value this year. Also in focus: Retail earnings movers such as Best Buy ahead of "Black Friday", Activision's new "Workplace Responsibility Committee," the U.S. issues warnings not to travel to Germany and Denmark due to COVID outbreaks, and Medtronic CEO Geoffrey Martha joined the program with the stock under pressure after the company lowered guidance due to the COVID resurgence and staffing shortages. Cramer asked him why investors should buy the stock.
11/23/202144 minutes, 3 seconds
Episode Artwork

Pres. Biden to Renominate Fed Chair Powell: What a Second Term Could Mean for the Markets, the Economy and Investors

Carl Quintanilla, Jim Cramer and David Faber began the week with breaking news out of Washington: President Biden will nominate Jerome Powell for a second term as Fed Chair and name Fed Governor Lael Brainard to serve as Fed Vice Chair. The anchors engaged in a wide-ranging discussion about a Powell second term and what it could mean for investors. The S&P 500 hit a new record high on the Powell news. Also in focus: Goldman Sachs' year-end 2022 S&P target of 5100, COVID news from lockdowns in Europe to vaccine booster shots in the U.S., what Nvidia CEO Jensen Huang told CNBC about the metaverse, Ford and Rivian scrap plans to jointly develop an electric vehicle, and Activision Blizzard CEO Bobby Kotick under fire: What he reportedly told senior managers about his future at the company.
11/22/202146 minutes, 45 seconds
Episode Artwork

Market Reaction to COVID Lockdowns and Developments, a Record High for the Nasdaq, The EV Space’s Week for the Ages and the House Passes Pres. Biden's $1.7T Social Spending Package

Carl Quintanilla, Jim Cramer and David Faber discussed market worries about COVID-19, with Austria announcing a nationwide lockdown while Germany tried to tamp down fears that it would follow suit. But in the U.S., FDA authorized use of Pfizer and Moderna's COVID vaccine booster shots for all adults. The anchors explored what investors should make of it all and which beaten-down stocks are worth buying. Carl, Jim and David also wrapped up an eventful week on the electric vehicles front -- including Ford's plans to boost EV production, a wild ride for shares of Rivian and Lucid, automakers' market cap battle, Elon Musk’s Tesla headlines and why Morgan Stanley says a potential Apple car is the "ultimate EV bear case" for some popular electric vehicle stocks. Also in focus: A new record high for the Nasdaq, what’s next for Macy's after Thursday's 21% stock surge with Black Friday one week away, President Biden's $1.7-trillion social spending and climate package heads to the Senate after being passed by the House, The Nike-Roblox partnership, Earnings movers including a double-digit surge for Intuit, and the pressure Activision's Bobby Kotick is facing to step down as CEO.
11/19/202145 minutes, 31 seconds
Episode Artwork

Exclusives With Billionaire Media Mogul John Malone and Charter CEO Tom Rutledge, Cisco and Alibaba Slump, But Will Nvidia Be The Next $1T Company?

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the big tech earnings movers of day: Nvidia surging after beating Wall Street estimates, Cisco down sharply on weaker-than-expected revenue and guidance, and Alibaba slumping on a quarterly miss. Jim explained why he believes Nvidia will be the next trillion-dollar company. David spoke exclusively with Liberty Media Chairman and legendary media mogul John Malone on everything from the streaming wars and profitability to Netflix's valuation. David also interviewed Charter Communications CEO Tom Rutledge at Liberty Media's Investor Day. They discussed the future of broadband in light of the new bipartisan infrastructure law, as well as streaming and wireless growth. Also in focus: Macy's surges on an earnings beat, Ford partnering with GlobalFoundries to increase chip supplies, and a big detour for Rivian and Lucid's EV rally.
11/18/202146 minutes, 7 seconds
Episode Artwork

Target and Lowe's Lead the Retail Earnings Parade, Red-Hot EVs vs. GM & Ford in the Market Cap Battle, and Activision Blizzard Under Fire.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at how investors should view a new batch of retail earnings amid inflation and supply chain worries. Target shares fell despite a quarterly beat, but shares of Lowe's and TJX -- the parent of T.J. Maxx -- among the S&P 500's top performers in reaction to better-than-expected results. On the electric vehicle front: Should you buy Lucid and Rivian? Lucid briefly jumped above General Motors and Ford in market cap during pre-market trading but proceeded to fall along with Rivian. David provided an update on Activision Blizzard one day after the stock tumbled on a Wall Street Journal report which said CEO Bobby Kotick knew for years about sexual misconduct allegations at the videogame giant. Also in focus: Roku gets slapped with a “sell” rating, plus Why Cramer says a buyback is not a reason to buy Apple stock.
11/17/202144 minutes, 5 seconds
Episode Artwork

Exclusive With Walmart CEO Doug McMillon, Big Retail Earnings Beats, Rivian and Lucid Power the EV Rally, Plus Market Reaction to Peloton's $1B Stock Offering

Carl Quintanilla, Jim Cramer and David Faber focused on a big morning for retail: Government data show October retail sales exceeded forecasts, while Walmart and Home Depot posted better-than-expected quarterly earnings and revenue. Walmart CEO Doug McMillon joined the program exclusively to discuss his company's results, the holiday season outlook, inflation and how the retail giant is navigating supply chain issues and labor shortages. Electric vehicle stocks also in the spotlight: Rivian rallies once again and has doubled its IPO price since Wednesday's public debut, Lucid jumps after reporting an increase in orders and confirming 2022 production targets, and Elon Musk sold an additional $930-million in Tesla shares to meet tax obligations. Also in focus: Peloton files for a $1-billion stock offering despite recently saying it has no need for more cash, plus market cap comparisons: Rivian closes in on doubling Ford's valuation.
11/16/202146 minutes, 8 seconds
Episode Artwork

Cramer's Big Week on the West Coast, The "Metaverse Market", Elon Musk Trolls Sen. Sanders, Countdown to the Biden-Xi Virtual Summit, Dollar Tree's Activist Effect and the Retail Earnings Parade

Carl Quintanilla, Jim Cramer and David Faber kicked of the show with a preview of Jim's big week in San Francisco, focusing on everything from tech to retail and how to capitalize on a "metaverse market" -- with the CEOs of Nvidia, Intel, Affirm, Cisco and Macy's set to appear on "Mad Money." The anchors also explored the action in electric vehicle stocks after Tesla's 15% drop last week and Rivian's post-IPO surge. They reacted to Elon Musk's responses to Sen. Bernie Sanders' tweet on taxing the rich, including Musk tweeting "I keep forgetting that you're alive." Carl, Jim and David previewed the virtual summit between President Biden and China's President Xi -- with Cramer explaining why "the headline is Boeing.” Also in focus: How long the inflation-supply chain double whammy will last, Dollar Tree jumps on activist pressure, what to expect from this week's big retail earnings, WeWork's quarterly results and the M&A deals of the day.
11/15/202143 minutes, 29 seconds
Episode Artwork

J&J Joins the "Split" Club, Big Week for EVs, Elon Musk Taunts Rivian and Iceland Mocks Zuckerberg's "Meta" Announcement.

Carl Quintanilla, Jim Cramer and David Faber led off with a big story: Johnson & Johnson announced it plans to split into two companies, separating its consumer business from pharmaceuticals and medical devices. What does history tell investors about the stock performance of companies that break up -- and will this trend continue in the pharma sector? A big week for the electric vehicle space as Rivian's valuation surpasses $100-billion, giving the company's founder and CEO R.J. Scaringe a stake worth about $2.2-billion. The anchors also reacted to Tesla CEO Elon Musk's tweet that taunted Rivian with a message about the "true test" of success. Also in focus: Mark Zuckerberg gets trolled in an Icelandic tourism ad mocking his "Meta" name change announcement, Nvidia gets downgraded, and MSCI CEO Henry Fernandez on everything from China trends to rating companies' commitment to ESG, and what’s at stake for investors.
11/12/202143 minutes, 59 seconds
Episode Artwork

No "Plus" For Disney, Rivian's Market Cap Tops GM and Ford, Tesla's Musk and AMC's Aron Selling Shares, Affirm Soars and Beyond Meat Plunges

Carl Quintanilla. Jim Cramer and David Faber led off the show with a slump in shares of Disney on weaker-than-expected Q4 earnings, revenue and Disney+ streaming subscriber growth: Should you buy on the dips? As for the biggest U.S. IPO since 2014: Rivian extended gains and lifted shares of its rivals one day after its strong public debut. The EV maker's market cap surpassed $90-billion, making it more valuable than General Motors and Ford. Elon Musk sold around $5-billion worth of Tesla shares this week, while AMC Entertainment CEO Adam Aron filed to sell $53-million worth of his stock, which has skyrocketed this year as one of the original “meme stocks.” Also in focus: Affirm soars after the buy-now-pay-later firm expands its partnership with Amazon and beats on quarterly revenue, Beyond Meat tumbles on a wider than expected loss, The inflation debate surrounding oil and gas production -- and honoring the men and women of the U.S. military in observance of Veterans Day.
11/11/202142 minutes, 59 seconds
Episode Artwork

EV Startup Rivian: The Biggest IPO of the Year, Three-Decade High Inflation Move, The End of Nasdaq's 11-Day Win Streak, and Discovery CEO Zaslav and Fmr. Honeywell CEO Cote Weigh In On GE's Planned Breakup

Jim Cramer and David Faber began the show by discussing the biggest IPO on a U.S. exchange since Alibaba in 2014. Rivian -- the electric vehicle maker backed by Amazon and Ford -- raises more than $11-billion in its public offering and lists on the Nasdaq under ticker symbol RIVN. Jim and David explored Rivian's public debut, its expected valuation and what it means for EV rivals such as Tesla, which saw its shares fall 16% on Monday and Tuesday combined. Inflation also in the spotlight: The Consumer Price Index jumped 6.2% in October for its biggest year-over-year surge since 1990. Two former GE executives joined the program to discuss the company's planned breakup: Discovery CEO David Zaslav and former Honeywell CEO Dave Cote. Also in focus: Nasdaq looks to bounce back after ending its 11-day win streak, and several stocks making double-digit moves on earnings news, including Doordash's big surge.
11/10/202146 minutes, 19 seconds
Episode Artwork

General Electric CEO on Splitting GE Into Three Companies, Robinhood Gets Hacked and Nvidia Bets on the Metaverse

Carl Quintanilla, Jim Cramer and David Faber led off the show with the big news of the morning: Legendary conglomerate General Electric announced it plans to split into three publicly-traded companies, representing aviation, healthcare and energy. GE Chairman & CEO Larry Culp appeared on the program to discuss why he thinks such a breakup is the right way forward for the company. Also in focus: Robinhood shares fall after the trading platform disclosed a data security breach that took place last week and affected seven million customers, Nvidia jumps after unveiling its metaverse platform and strategy, Roblox soars among earnings movers and AMC falls despite the movie theater chain's narrower-than-expected loss.
11/9/202151 minutes, 16 seconds
Episode Artwork

Dow Hits a Record High, Infrastructure Bill Bounce, Tesla Falls After Musk's Twitter Poll, an Exclusive with PepsiCo's CEO, plus Nextdoor's CEO on the Company's Public Debut

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at stocks continuing their record run: The Dow hitting a fresh record high led by Caterpillar -- in reaction to House passage of the bipartisan infrastructure bill which has been sent to President Biden's desk for his signature. Nucor, U.S. Steel, various materials names and EV charging stocks also participating in the rally. Cramer explored why some investors didn't buy into these stocks ahead of Friday night's vote. A different story for Tesla: The stock down sharply after Elon Musk conducted a Twitter poll asking users if he should sell a ten-percent stake in Tesla. 58-percent answered "Yes." The anchors discussed the likely reason Musk would sell his stock: He faces a $15-billion tax bill. PepsiCo Chairman & CEO Ramon Laguarta joined the program from the COP26 climate summit in Glasgow, Scotland. He spoke to CNBC's Diana Olick (who was at the event) and Jim about how sustainability and ESG goals fit into PepsiCo's growth strategy. Social media company Nextdoor made its public debut at the NYSE as part of a SPAC deal with Khosla Ventures. Jim interviewed Nextdoor CEO Sarah Friar -- a former CFO at Square -- about her company's game plan for growth as well as the social media landscape. The stock soared 26-percent within the first half-hour of trading.
11/8/202143 minutes, 25 seconds
Episode Artwork

Job Creation Roars Back, Labor Secretary Marty Walsh, Pfizer’s Covid-19 Pill, Peloton Gets Smacked

Carl Quintanilla and Jim Cramer begin the morning discussing Pfizer’s announcement that its experimental COVID-19 pill reduces the risk of death and hospitalization by 89%. Shares of Pfizer surging on the news. Plus, job creation roaring back in October as payrolls rose by 531,000 and the unemployment rate fell to 4.6%, a new pandemic low and better than expectations. Carl and Jim discuss the numbers with the U.S. Labor Secretary, Marty Walsh. Plus, Peloton shares collapse, falling 34%, as momentum for its at-home fitness equipment slows.
11/5/202142 minutes, 52 seconds
Episode Artwork

Moderna Cuts Vaccine Outlook, Qualcomm Shares Surge, Kyndryl Begins Trading

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Moderna shares sliding, after cutting its Covid-19 vaccine sales forecast. The company is now expecting to deliver between 700-800 million does this year, down from previous expectations of between 800 million and 1 billion doses. The anchors also interviewed Qualcomm CEO, Cristiano Amon, a day after the company reported a strong earnings beat. Qualcomm’s chip sales for smartphones were up 56% year over year. Also in the mix: IBM spinoff Kyndryl began trading at the NYSE under ticker “KD.” CEO Martin Schroeter joined the crew ahead of the newly public company’s first trade.
11/4/202146 minutes, 12 seconds
Episode Artwork

Wild Rides and Short Squeezes, Bed Bath & Beyond CEO on the Soaring Stock, Fed Watch and the Earnings Parade: T-Mobile Jumps, Activision Tumbles.

Carl Quintanilla, Jim Cramer and David Faber led off the show with big moves in two of the most shorted stocks on Wall Street: Bed Bath and Beyond shares soaring after the company announced a digital marketplace and e-commerce partnership with Kroger, while Avis Budget tumbles on a series of downgrades one day after the stock doubled. Zillow also in the mix, falling double digits after announcing plans to close its homebuying business. The anchors explored the action in the three stocks and how they compare with meme stocks GameStop and AMC Entertainment. Bed Bath & Beyond CEO Mark Tritton appeared on the program to discuss its Kroger partnership, the stock market's reaction to it and the retailer's share buyback news. Also in focus: A fresh record high for the Nasdaq, countdown to the Fed decision and statement, eco-friendly footwear maker Allbirds goes public, Activision tumbles on a game release delay and a weaker holiday quarter outlook, T-Mobile jumps on better-than-expected profits and subscriber growth, a rough year for shares of the major wireless carriers, plus what New York City Mayor-elect Eric Adams told CNBC about how he will reach out to the business community as he gets ready to takes office.
11/3/202142 minutes, 16 seconds
Episode Artwork

It "Hertz": Tesla Slumps on Musk Tweet, Apple Supply Chain Pain, COVID Vaccine Demand Boosts Pfizer, DuPont's Deal to Capitalize on EV -- and Chegg Plummets

Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla's rally running in reverse: The stock fell sharply after CEO Elon Musk tweeted that his company's 100,000 vehicle deal with Hertz had yet to be signed. Cramer explained how investors should approach Tesla and other electric vehicle stocks. The anchors also discussed EV startup Rivian targeting a $60-billion valuation with its IPO slated for next week. Apple also in spotlight: Nikkei Asia reporting the tech giant has cut back sharply on iPad production to allocate more chips to the iPhone 13. The anchors reacted to what Commerce Secretary Gina Raimondo told CNBC about how long it might take to build a chip foundry in the U.S. Pfizer shares rose on better-than-expected quarterly results and raised guidance, citing strong demand for its COVID-19 vaccine and non-COVID treatments. Separately, Amazon lifts its mask mandate for fully vaccinated workers. Also in focus: Fresh record highs for the S&P 500 and Nasdaq, Under Armour soars on earnings news, shares of online education company Chegg get crushed on a revenue miss and weakness in enrollments, and DuPont agrees to acquire electronics materials maker Rogers Corp. for $5.2-billion -- in an effort to boost its presence in the EV, 5G and clean energy markets.
11/2/202142 minutes, 52 seconds
Episode Artwork

November Trading Kicks Off with New Record Highs, Tesla’s Rally Rolls On, Barclays CEO Staley Steps Down, 2,200+ American Airlines Flight Cancellations and Coca-Cola's BodyArmor deal

With the S&P coming off its best month since November 2020, Carl Quintanilla, Jim Cramer and David Faber explored what's next for stocks, with major indices hitting fresh record highs at the open on the first trading day of November. The anchors also delved into Tesla's record run and why the stock continues to rally without any fresh news to drive it higher. A shake-up in the banking world: Barclays announcing Jes Staley stepped down as its CEO, following an investigation into his relationship with disgraced financier Jeffrey Epstein. More travel trouble for American Airlines: Since Friday, the carrier has canceled more than 2,200 flights, citing poor weather and labor shortages. Carl, Jim and David compared American's cancellation problems with those of Southwest Airlines. On the M&A front, Coca-Cola confirmed it is acquiring the 70-percent of sports drink maker "BodyArmor" it doesn't already own -- the transaction valued at $5.6-billion. Also in focus: The road ahead for FAANG and retail stocks, The G-20 summit and the U.S. agreeing to relax tariffs on European steel, and Treasury Secretary Yellen meets U2's Bono.
11/1/202143 minutes, 27 seconds
Episode Artwork

Apple and Amazon Tumble as Q3 Disappoints the Street, Facebook's "Meta" Name Change, Exclusive With Starbucks' CEO and Big Oil's Profit Picture

Carl Quintanilla, Jim Cramer and David Faber led off the show with shares of Apple and Amazon each taking a hit on earnings-related news. Apple missed on the top line in the third-quarter while Amazon posted weaker-than-expected Q3 results and disappointed the street with its holiday quarter guidance. Both tech giants impacted by supply chain woes. The anchors explored how investors should approach big tech now. Carl, Jim and David also looked at the road ahead for Facebook one day after it announced it is changing its corporate name to Meta -- and what highlighting a "metaverse" platform could mean for the stock. Starbucks CEO Kevin Johnson appeared on the program in an exclusive interview: The stock taking a hit as an earnings beat was overshadowed by a quarterly revenue miss, with sales growth slowing in China due to the COVID-19 Delta variant outbreak. Johnson explained Starbucks' strategy for navigating the pandemic and the supply chain crisis. Also in focus: Exxon Mobil and Chevron earnings reaching multi-year highs, Exxon's updated ESG strategy, plus sources telling David that Coca-Cola is expected to announce an $8-billion deal to acquire sports drink maker BodyArmor.
10/29/202143 minutes, 38 seconds
Episode Artwork

Pres. Biden's New $1.75T Spending Framework, Ford Surges and Leads the Earnings Winners, Plus the CEOs of Yum! Brands, ServiceNow and Stanley Black & Decker.

Carl Quintanilla, Jim Cramer and David Faber focused on breaking news out of Washington: The White House set to announce a new, revised $1.75-trillion framework for President Biden's social and climate priorities that it believes will be able to pass both houses of Congress. The anchors and Senior White House Correspondent Kayla Tausche discussed what it all means for investors and the Biden economic agenda. Carl, Jim and David also explored market reaction to another busy earnings day, highlighted by shares of Ford surging on much better-than-expected third-quarter profit, upbeat guidance and the automaker’s decision to reinstate its quarterly dividend in Q4. The anchors reacted to what Ford CEO Jim Farley said on his company's earnings call about breaking supply and manufacturing constraints. Three CEOs joined the program to discuss their respective quarterly results and guidance -- plus where supply chain issues, inflation, labor shortages and the pandemic come into play: David Gibbs of KFC, Taco Bell and Pizza Hut parent Yum! Brands, ServiceNow's Bill McDermott, and Stanley Black & Decker's Jim Loree. Also in focus: Facebook stressing the metaverse amid rumors the company is going to change its corporate name, plus more earnings winners and losers.
10/28/202148 minutes, 17 seconds
Episode Artwork

Earnings Barrage: Interviews With Boeing, AMD and GlaxoSmithKline CEOs, Robinhood's Big Miss and Market Reaction to Microsoft, Alphabet and Twitter Results

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at the barrage of earnings reports on Wall Street's radar. They led off with Robinhood, whose quarterly results missed analyst estimates due to a crypto trading slowdown, sending the stock tumbling below its July IPO price of $38 per share. That was followed by a trio of CEO interviews: Boeing's Dave Calhoun on why he sees a light at the tunnel for the jet maker despite its earnings miss, AMD's Lisa Su on the chipmaker's results and upbeat guidance – driven by strong demand as the company benefits from the cloud and gaming, and GlaxoSmithKline CEO Emma Walmsley on better-than-expected earnings and raised guidance as she looks to transform the drugmaker. Also in focus: Market reaction to earnings from the likes of Microsoft, Google parent Alphabet, Twitter and McDonald's – plus, solar stocks in rally mode and major Tesla investor Ron Baron's eye-opening comments about Elon Musk.
10/27/202149 minutes, 5 seconds
Episode Artwork

Reaction to Facebook's Q3 Results, Zuckerberg Slams "False Picture," 3M and GE Join the Earnings Parade, Trillion-Dollar Tesla, The Market's Record Run, and DraftKings Pulls Its $22B Takeover Bid

Carl Quintanilla, Jim Cramer and David Faber began the show by exploring mixed quarterly results from Facebook -- and weighing in on Mark Zuckerberg's earnings call comments. In wake of whistleblower allegations, Zuckerberg complained about a "coordinated effort to selectively use leaked document to paint a false picture of our company." The anchors also discussed the impact that Apple’s new privacy restrictions had on Facebook's ad sales growth. Carl, Jim and David also took an in-depth look at market reaction to earnings from the likes of 3M, General Electric and UPS – and where supply chain issues fit into the picture. The future for Tesla also in the spotlight one day after its market cap surpassed $1-trillion for the first time. The anchors discussed what investors should make of Tesla's valuation. Also in focus: A new intraday record high for the Dow and S&P 500, DraftKings withdraws its $22-billion bid to acquire U.K.-based sports betting company Entain, and a report stating that Apple is likely to face a Justice Department antitrust suit.
10/26/202143 minutes, 37 seconds
Episode Artwork

Mega-Cap Tech Leads Big Earnings Week, Internal Dissent Within Facebook, Jack Dorsey vs. Cathie Wood on Hyperinflation, plus PayPal "Not Pursuing" Pinterest

Carl Quintanilla, David Faber and Mike Santoli kicked off a new market week by highlighting what will be a huge week full of earnings reports, especially from mega-cap names such as Apple, Amazon, Microsoft, Alphabet and Facebook. Ahead of its quarterly results due out after Monday's close of trading, Facebook is under fire and making headlines regarding leaked internal documents. Reports say that they indicate employees at the social network expressed anger about Facebook's policies on handling misinformation -- including when it came to the 2020 election and the storming of the U.S. Capitol on January 6. The anchors discussed what these developments could mean for the stock and reacted to Facebook's rebuttal to the reports. On the inflation front, Twitter CEO Jack Dorsey tweeted "Hyperinflation is going to change everything. It's happening." But ARK Invest CEO Cathie Wood tweeted a rebuttal saying it's deflation people need to worry about. PayPal announced that "In response to market rumors ... it is not pursuing an acquisition of Pinterest at this time. Shares of Pinterest tumbled and PayPal jumped on the news. Also in focus: Supply chain issues and earnings movers including Kimberly-Clark, an update on the soaring "Trump SPAC" and Treasury Secretary Yellen making the case for her proposal to tax billionaires.
10/25/202143 minutes, 36 seconds
Episode Artwork

Supply Chain Crunch Impact on Earnings, Intel Slumps, Snap Tumbles on "Apple Effect," the "Trump SPAC" Skyrockets -- and a New Record High for the S&P 500

Carl Quintanilla, Morgan Brennan and Mike Santoli focused on a barrage of earnings reports in which the supply chain crunch played a big role in quarterly results. Intel shares took a big hit after the chipmaker warned of lower profit margins and missed on quarterly revenue in wake of the global chip shortage. Wedbush Securities' Intel analyst appeared on the program with his take on which chip stocks are best to buy now. Snap was one of the biggest losers of the morning: The parent of Snapchat warned of slowing growth due to the recent changes in Apple iOS privacy rules. The news from Snap also weighed on shares of Facebook, Twitter and Google parent Alphabet. Honeywell posted mixed Q3 results due to what its CEO called a "tough" supply chain environment. A different story for Mattel: The stock up sharply on better-than-expected quarterly results. The toy maker said supply chain disruptions would not prevent it from having a strong holiday season. “Trump SPAC” Day Two: Digital World Acquisition -- The SPAC that is merging with Trump Media & Technology Group -- soared again after more than quadrupling in Thursday’s trading. Also in focus: A new record intraday high for the S&P 500, Pfizer and partner BioNTech said their COVID-19 vaccine is more than 90% effective in kids ages 5 to 11, President Biden considering deploying the National Guard to ease supply chain bottlenecks, Chipotle profit rises on price hikes -- and a Wall Street Upgrade for Zoom Media
10/22/202143 minutes, 48 seconds
Episode Artwork

Oversight Board Rebukes Facebook: One of the Board Members Tells All. Also, Market Reaction to Earnings from the Likes of Tesla and AT&T – plus, Southwest’s CEO on Q3's "Operational Challenges"

On a busy day full of earnings reports, Jim Cramer and David Faber led off the show with a look at quarterly results from Tesla and AT&T, each beating street expectations. Cramer explains why he's highlighting what he calls the "TAN" stocks -- Tesla, Amazon and Netflix. Facebook's Oversight Board rebuked the company in its transparency reports released a hour before the show, saying the social media giant hasn't been fully forthcoming with how it treats high profile users. Board member Julie Owono appeared on the program to discuss the group's findings. The anchors also interviewed Southwest Airlines CEO Gary Kelly about what he calls "operational challenges" that impacted the carrier's third-quarter results, including thousands of flight cancellations. They also discussed the state of travel demand and Southwest's COVID vaccination policy for employees. Also in focus: More earnings movers, WeWork's public debut, Unilever's price hikes amid supply chain issues, the Ford rally rolls on, plus what drove Blackstone's strongest quarterly results in its 36-year history.
10/21/202149 minutes, 35 seconds
Episode Artwork

Earnings Parade: Netflix Falls Despite Subscriber Growth, United Posts a Quarterly Loss and Verizon Beats. Plus - A Record High for Bitcoin and the CEO of Micron on His Company's $150B Spending Plan.

Carl Quintanilla, Jim Cramer and David Faber led of the show with quarterly results from Netflix. The stock falling as the company's outlook for the current quarter overshadows its strong subscriber growth of the year, helped in part by "Squid Game." The anchors reacted to what Netflix Chairman & Co-CEO Reed Hastings said on his company's earnings call -- and discussed how Netflix is faring against competitors such as Disney. United Airlines posting a narrower-than-expected third-quarter loss, with CEO Scott Kirby telling CNBC things have "bottomed out" for the carrier and that the spread of the Delta variant of COVID-19 has slowed but not derailed its recovery. Verizon beats street estimates with its Q3 results and raises its 5G demand forecast. The anchors looked at what's ahead for bitcoin, which hit a new record high and surpassed the $66,000 mark. Micron CEO Sanjay Mehrotra joined the program to discuss the chipmaker’s plans for more than $150-billion in capital and R&D spending over the next decade, plus how his company is handling the global chip shortage. Also in focus; Facebook reportedly planning a corporate name change, and what legendary investor Paul Tudor Jones told CNBC about tapering lessons the Fed should learn from 2013.
10/20/202144 minutes, 10 seconds
Episode Artwork

SEC Chair Gary Gensler, J&J and P&G Report, First Bitcoin Futures ETF

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at two Dow components reporting results. P&G topped earnings estimates despite facing increasing commodity and transportation costs. Johnson & Johnson also beat expectations and raised is full-year outlook, noting strength across all its businesses. The anchors also spoke with SEC Chair Gary Gensler in a wide-ranging interview, including the agency’s Gamestop report as well as the first Bitcoin Futures ETF making its market debut. Also in the mix: Goldman Sachs added Walmart to its conviction buy list, saying the company’s profit rebound can boost that stock nearly 40%.
10/19/202149 minutes, 30 seconds
Episode Artwork

Oil Hits 7-Year High, Milken Global Conference Returns, Disney Gets Downgraded

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with stocks coming off their best week in three months. Oil also resumed its rally, hitting its highest level since Oct. 2014 with some traders expecting to see $100/barrel by the end of the year. Staying with energy, David Faber interviewed Chevron CEO, Mike Wirth live from the Milken Global Conference out in Los Angeles, California. Also in focus: Disney got downgraded to ‘equal-weight’ at Barclays, with the firm saying “Disney+ growth has slowed significantly.” And, Zillow shares tanked on a new report that the company has temporarily stopped its home-buying service due to overwhelming demand.
10/18/202143 minutes, 36 seconds
Episode Artwork

Goldman Crushes Estimates, Retail Sales Unexpectedly Rise, FDA Panel Backs Moderna Boosters

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the last of the big banks reporting results, as Goldman Sachs crushed analysts’ estimates on strong investment banking and trading results. The firm produced $3.7 billion in investment banking revenue, an 88% increase from a year earlier. The anchors also hit retail sales increasing by 0.7% for the month of September compared to an estimated 0.2% decline. The increase came during a month when the government ended the enhanced benefits it had been providing during the Covid-19 pandemic and against forecasts that growth would slow in the third quarter due to the delta variant spread and a perceived pullback. Also in focus: An FDA Panel unanimously recommended Moderna Covid booster shots for at-risks adults.
10/15/202143 minutes, 34 seconds
Episode Artwork

Stocks Rally, Morgan Stanley Chairman & CEO James Gorman and the Bank Earnings Parade, Inflation Watch and Pres. Biden's Supply Chain Challenges, and $1.5M-winning "Jeopardy!" Champion Matt Amodio.

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases on Wall Street's rally: Stocks getting a boost from tamer-than-expected wholesale inflation data, weekly jobless claims coming in below 300,000 for the first time since the pandemic began, and earnings from Bank of America, Wells Fargo, Citigroup and Morgan Stanley beating street expectations. Morgan Stanley Chairman & CEO James Gorman appeared on the program and said his company is seeing the fruits of its long-term strategy. the anchors also asked him about his take on Robinhood's trading platform, getting employees back into the office and the state of cryptocurrency. The anchors also took a closer look at the White House's strategy for tackling supply chain bottlenecks -- and President Biden urging the private sector to "step up" and help solve the crisis. Cramer sounded off about what he sees as the lack of urgency in dealing with gridlock at the ports. Also in focus: Walgreen Boots Alliance's earnings beat on stronger demand for COVID-19 vaccines, what Apple joining the rally means about the road ahead for investors, and a why it has been a rough October for shares of AT&T and its rivals. Long-time "Jeopardy" champion Matt Amodio joined the program just days after his 38-show winning streak came to an end. What's he going to do with his $1.5-million in prize money?
10/14/202150 minutes, 47 seconds
Episode Artwork

JPMorgan Chase and Delta Kick Off Earnings Season, Bezos' Blue Origin Sets a Space Mission for "Captain Kirk" William Shatner, The White House vs. Supply Chain Bottlenecks -- and Where Apple Fits Into the Chip Shortage Picture

Carl Quintanilla, Jim Cramer and David Faber began the program with a look at the beginning of earnings season. JPMorgan Chase out with better-than-expected quarterly results, with CEO Jamie Dimon saying results were strong despite what he called "the dampening effect of the Delta variant and supply chain disruptions." Cramer highlighted the history of how JPM shares trade on days the bank releases earnings. Delta Air Lines also beat the street, including a quarterly profit for the first time since the pandemic began -- but it also forecasts a loss for the current quarter due to rising fuel costs. The anchors also reacted to what Delta CEO Ed Bastian told CNBC about vaccine mandates and his company's approach to COVID and employees. Nearly three months after Jeff Bezos soared into space, his company Blue Origin sending the original Captain Kirk on a mission: 90-year old William Shatner, two astronauts and a Blue Origin executive set for a launch aboard the company's "New Shepard" rocket. Morgan Brennan joined Carl, Jim and David -- they covered all of the bases ahead of liftoff. The White House expected to announce plans aimed at solving supply chain bottlenecks ahead of the holiday season, including a commitment from the Port of Los Angeles to operate around the clock. Also, a published report says Apple is likely to slash its projected iPhone production targets for 2021 due to the chip shortage. The comes amid Apple's announcement of its October 18 "Unleashed" event, in which the company is expected to unveil products including new MacBooks. Also in focus: What's next for tech stocks, from Apple and other FAANG names to players in the semiconductor sector, consumer inflation hits a 13-year high, and a look back at the life and career of long-time Hasbro CEO Brian Goldner, who died at the age of 58.
10/13/202145 minutes, 53 seconds
Episode Artwork

Southwest Chairman & CEO Gary Kelly on Flight Cancellations, Labor Shortages and Vaccine Mandates. Plus, Worker Returns to the Office Hit a Pandemic High, Oil After $80 and Market Impact, and Jamie Dimon Says "Bitcoin Is Worthless"

Carl Quintanilla, Jim Cramer and David Faber explored the challenges facing Southwest Airlines: More than 2,000 flights canceled since the beginning of the past weekend, staff shortages and air traffic control issues in the mix, along with Texas Governor Greg Abbott announcing a ban on COVID vaccine mandates in his state -- though Southwest disputes the idea that cancellations are due to employees protesting such a mandate. Southwest Chairman & CEO Gary Kelly appeared on the program and faced tough questions from the anchors on these issues. Carl, Jim and David also discussed new data which show that the return of workers to the office has reached a pandemic high of just over 36%. Also in focus: Markets and inflation - oil prices above $80 and why Cramer thinks the natural gas rally has peaked, the Netflix stock run-up amid buzz surrounding the drama series "Squid Game" and JPMorgan Chase CEO Jamie Dimon telling a finance group event that "bitcoin is worthless" and weighing in on supply chain problems.
10/12/202143 minutes, 25 seconds
Episode Artwork

A New Market Week, Oil Prices Hit a Seven-Year High, Goldman Cuts U.S. Growth Forecast, Southwest Flight Cancellations, Merck Asks FDA to Approve COVID Pill for Emergency Use, CEO Changes at KKR and a $56M "Bond" Debut at the Box office

Jim Cramer and David Faber led off the show with a look at what investors should do in wake of the recent rally in energy prices: WTI crude surging to a seven-year high and natural gas up 50% over the past three months. The anchors highlighted Goldman Sachs lowering its U.S. growth forecasts for 2021 and 2022 as the firm expects a "delayed recovery in consumer spending" and no improvement in the global chip supply until next year. Jim and David also discussed a rough start for Southwest: Shares under pressure after the airline announced hundreds of additional flight cancellations on top of the 1,800 that took place over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest also disputes speculation that its high level of cancellations compared to other airlines were due to employee protests of a COVID-19 vaccine mandate. Speaking of the pandemic, Merck and Ridgeback Biotherapeutics announced submission of an emergency use authorization application to the FDA for their oral COVID-19 treatment. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about when he believes Merck's COVID pill will hit the markets. Changes at the top of KKR: Co-founders Henry Kravis and George Roberts stepped down as Co-CEOs of the private equity firm. The anchors explored what this means for KKR and the world of P.E. Also in focus: Big banks kicking off earnings season later this week, Chinese stocks continue to rebound, Emerson Electric's $11-billion merger deal with Aspen Technology, and as movie theaters look to rebound from the pandemic -- the new James Bond film "No Time To Die" debuts by grossing $56-million at the box office domestically. It was the weekend’s top performer but just shy of consensus estimates.
10/11/202143 minutes, 1 second
Episode Artwork

A September Jobs Miss - Pres. Biden's Commerce Secretary Reacts, Tesla Moving Its HQ From California to Texas, Elon Musk’s Message on Production and the Chip Shortage, Apple's Supply Chain and the China Factor, and AMC's CEO Slams "Naysayers" Ahead of the New James Bond Film's Debut In Theaters.

Carl Quintanilla, Jim Cramer and David Faber led off the show with the big news of the morning: The much-anticipated employment report shows 194,000 non-farm jobs were created in September, well below the 500,000 that economists had been expecting. The unemployment rate fell to 4.8%, but the labor participation rate also declined amid concerns about the COVID-19 Delta variant outbreak. The anchors explored what it all means for investors and the Fed, and whether it means Fed Chair Powell and his fellow policymakers should push back their timeline for tapering. Commerce Secretary Gina Raimondo appeared on the program to discuss the Biden Administration's reaction to the jobs data. She also weighed in on COVID vaccine mandates and the supply chain challenges facing the nation's businesses. The anchors also discussed Tesla's decision to move its headquarters from California and Texas, plus what Elon Musk told investors about Tesla's manufacturing expansion plans and how the electric vehicle maker is navigating the global chip shortage. As movie theaters gear up for the debut of the new James Bond film "No Time to Die," AMC Theatres Chairman & CEO Adam Aron had a message for his critics in a Thursday night tweet: "It feels more like AMC is playing 3-dimensional chess. To the naysayers, I say it loud: #ChokeOnThat." The anchors discussed the road ahead for AMC -- one of the earliest "meme stocks." China also in focus: A strong week for shares of Alibaba -- and Morgan Stanley's Katy Huberty out with a note assessing Apple's supply chain and what it could mean for the new iPhone 13.
10/8/202143 minutes, 24 seconds
Episode Artwork

Stocks Rally on Debt Ceiling Deal Hopes, Commodity Price Surge Impact, Facebook's "Reputational Reviews" and Pfizer Asks the FDA to Authorize Its COVID Vaccine for Kids Ages 5 to 11

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at Thursday's market rally: Wall Street hoping that Senate Republicans and Democrats are on the verge of a deal to lift the debt ceiling and stave off a default. The anchors reacted to comments from JPMorgan Chase CEO Jamie Dimon: At yesterday's meeting with President Biden and other CEOs, Dimon warned that failure to increase the debt limit would result in economic "catastrophe." Carl, Jim and David explored the impact of rising energy and commodity prices compared to a year ago and how the markets and companies are handling them. The anchors also reacted to what Levi Strauss CEO Chip Bergh told CNBC about raw materials and navigating cotton pricing. On the pandemic front: Pfizer announced it is asking the FDA to authorize its COVID-19 vaccine for emergency use in children ages 5 to 11. In wake of Facebook whistleblower Frances Haugen's Capitol Hill testimony on Tuesday, the anchors discussed a report from The Wall Street Journal which says Facebook is delaying work on new and existing products while conducting "reputational reviews." Cramer explains why it's time to "give (Mark) Zuckerberg a chance.": Also in focus: Why Moffett Nathanson is upgrading AT&T to "neutral," General Motors' aggressive targets for 2030, signs travel is making a comeback, and Trian's Ed Garden on management teams spending money on ESG.
10/7/202144 minutes, 26 seconds
Episode Artwork

Erasing Tuesday's Rally, Why the "Putin Effect" on Natural Gas Matters, Zuckerberg Fires Back At the Facebook Whistleblower, Talking Biotech At the Active-Passive Investor Summit, Dow CEO's Strategy on "Investor Day"

The morning after Tuesday's rally, Carl Quintanilla, Jim Cramer and David Faber explored a big pullback in the markets amid action in bond yields -- despite much stronger-than-expected ADP September jobs data. Volatility in natural gas prices as Russian President Vladimir Putin says his country is ready to increase gas shipments Europe. The anchors explain what the action in the energy markets means for investors. Facebook and its stock remain in the spotlight: CEO Mark Zuckerberg strikes back after whistleblower Frances Haugen's Capitol Hill Testimony on Tuesday. In a blog post, Zuckerberg denied that Facebook prioritizes profit over safety and well-being, and added that the "argument that we deliberately push content that makes people angry for profit is deeply illogical." At the Active-Passive Investor Summit in New York, David interviewed activist investor Alex Denner about his strategy when it comes to the biotech sector. Dow Inc. Chairman & CEO Jim Fitterling also joined the program on his company's "Investor Day" to discuss his investment plans to boost core earnings by $3-billion annually over the next decade, "with a clear path to zero-carbon emissions." Also in focus: Tech under pressure and betting on the cloud, a look at the auto sector ahead of General Motors' investor event, what's sparking the surge in bitcoin, plus the debt ceiling standoff.
10/6/202143 minutes, 18 seconds
Episode Artwork

Morning After the Tech Sell-off and Facebook's Rough Day, Facebook Whistleblower Heads to Capitol Hill, J&J's Booster Push, Southwest's COVID Vaccine Mandate, and the CEO of MGM Resorts Talks Vegas, Gaming and the Recovery

One day after the tech sell-off dragged Nasdaq to its lowest levels since June, Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look at Facebook: The stock tumbled Monday after Facebook, Instagram and WhatsApp experienced outages for hours -- which followed allegations from Facebook whistleblower Frances Haugen, who accuses the social media giant of allowing the spread of misinformation and putting profits ahead of the public good. The anchors discussed what to expect from Haugen's Tuesday testimony before a Senate subcommittee, what's at stake for CEO Mark Zuckerberg and Facebook stock, a survey indicating Instagram is losing popularity among teens, and Twitter CEO Jack Dorsey appearing to take a shot at Facebook in a one-number tweet. On the pandemic front: Johnson and Johnson officially asked the FDA to approve its COVID vaccine booster shot for emergency use -- and Southwest joined the list of airlines requiring employees to be vaccinated. MGM Resorts CEO Bill Hornbuckle joined the program from the Global Gaming Expo in Las Vegas. Contessa Brewer and the anchors interviewed him about everything from the state of gaming in Vegas and Macau to DraftKings' bid to acquire Entain of the U.K. Also in focus: Cramer's take on buying the dip, what teens are saying about Netflix in a survey, Nike and the China effect, supply chain concerns, PepisCo rises on earnings, and a look at the energy stocks helping to lead the S&P 500 higher.
10/5/202143 minutes, 19 seconds
Episode Artwork

Facebook Whistleblower Sends a Message -- and the Company Responds. Plus: A New Record for Tesla, Ford Sales Slump in September, and the COVID Pill Effect: Merck Extends Rally While Moderna Continues to Decline.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Facebook under scrutiny: The company's former product manager Frances Haugen revealed her identity as the whistleblower who released a trove of internal Facebook research. She accuses the social media giant of allowing the spread of misinformation and putting profits ahead of the public good. Along with exploring what this all means for Facebook and its stock, the anchors reacted to what Haugen said about the company in a "60 Minutes" interview, as well as the response from Facebook itself. Carl, Jim and David also discussed news out of the auto sector: Shares of Tesla rise after Elon Musk’s company announced it delivered more than 241-thousand vehicles during the third quarter, marking a quarterly record for the automaker. Ford posted a U.S. vehicle sales drop of 17.7% in September from a year ago, but added that reservations for its F-150 Lightning electric pickup truck have surpassed the 150,000 mark. Also in focus: Hedge fund Engine No. 1 announced its support for General Motors’ goal to have a 100% electric car portfolio by 2035 -- as well as an investment in the automaker, Merck shares extend gains on news surrounding the experimental COVID pill it developed with partner Ridgeback Biotherapeutics -- while vaccine makers such as Moderna add to recent stock losses, what's sparking the latest jump in oil and natural gas prices, Qualcomm and an investment firm team up to buy a Swedish automotive tech company in a $4.5-billion deal, plus Jamie Dimon's take on bitcoin and regulating cryptocurrency.
10/4/202143 minutes, 48 seconds
Episode Artwork

First Trading Day of Q4, the New "CNBC Investing Club" With Jim Cramer, the Merck-Ridgeback Biotherapeutics COVID-19 Pill: An Interview With Ridgeback's Co-Founders. Plus, Zoom and Five9 Scrap Their $15B Deal.

Carl Quintanilla, Jim Cramer and David Faber kick off a new month and quarter by announcing details about Cramer launching the "CNBC Investing Club," which aims to help investors build long-term wealth. A big story out of Merck: The stock surging after the drug maker and its partner Ridgeback Biotherapeutics announced their experimental COVID-19 pill cut the risk of death and hospitalization by 50% in a late stage study. Both companies plan to file for emergency use authorization as soon as possible. Ridgeback Co-Founder Dr. Wayne Holman and Co-Founder and CEO Wendy Holman joined the program to discuss this big development in the war against the pandemic. Also in focus: Zoom Video and Five9 have terminated their nearly $15-billion deal by mutual consent, what to expect from the markets in the fourth quarter after a rough September, Exxon Mobil expects higher oil and gas prices to boost quarterly earnings by as much as $1.5-billion -- and Cathie Wood tweets about peak oil demand.
10/1/202146 minutes, 22 seconds
Episode Artwork

Last Trading Day of Q3, Supply Chain Effect on Markets, D.C. on Wall Street's Radar, Merck's $11.5B Deal, Powell and Yellen Part Two, and Facebook on the Capitol Hill Hot Seat.

Carl Quintanilla, David Faber and Mike Santoli take a closer look at the markets as the three major indices aim to end the third quarter in positive territory after a rough September. Supply chain issues in focus: Bed Bath and Beyond shares plummeted on quarterly results and weaker guidance, hurt by a steep drop-off in traffic and supply challenges. New data show China manufacturing activity contracted in September for the first time in 18 months -- when the country was hit hard by the pandemic. The anchors discussed a New York Times story about how retailers are being impacted by shutdowns at their Vietnamese suppliers. Carl harkened back to his reporting from Vietnam in 2019 about that country's manufacturing boom. Carl, David and Mike also reacted to Fed Chair Jerome Powell describing supply chain problems as “frustrating.” Also in focus: Merck's $11.5-billion deal to acquire drug maker Acceleron Pharma, highlights from CNBC's "Delivering Alpha" conference including Chamath Palihapitiya on the markets, the Senate deal to avoid a government shutdown as the House moves toward a vote on the bipartisan infrastructure bill, what to expect from Fed Chair Powell and Treasury Secretary Yellen during their testimony before a House panel -- and the Facebook global head of safety’s appearance at a Senate subcommittee hearing on social media and Instagram’s impact on teens' mental health.
9/30/202142 minutes, 38 seconds
Episode Artwork

Stocks After the Sell-off, Sen. Warren Slams Fed Chair Powell, Elon Musk Gets Revved Up At Code, United Airlines CEO on the Company's Vaccine Mandate, and Highlights from "Delivering Alpha."

The morning after one of the worst sessions of the year for the markets, Jim Cramer and David Faber led off the show with a look at stocks trying to rebound from the Tuesday sell-off. Jim and David reacted to Senator Elizabeth Warren telling Fed Chair Jay Powell she will oppose his re-nomination, calling him a "dangerous man" to lead the central bank. Cramer called her remarks during Tuesday's Senate Banking Committee hearing "incendiary" and weighed in on the state of the banks. The anchors also discussed the recent spike in natural prices as well as the chip shortage: Micron shares under pressure after the company's guidance disappointed Wall Street analysts. At the Code Conference in Los Angeles, Carl Quintanilla highlighted comments Tesla CEO Elon Musk made at the event on everything from his company's stock price to paying taxes. Speaking of CEOs, United Airlines' Scott Kirby joined "Squawk on the Street" -- Phil LeBeau, Jim and David interviewed him about firing nearly 600 workers who declined to comply with the carrier's vaccine mandate. They also discussed the state of travel demand in wake of the COVID-19 Delta variant outbreak. At CNBC's "Delivering Alpha" conference, J.P. Morgan Asset & Wealth Management CEO Mary Callahan Erdoes spoke about market froth and why she believes Chinese property giant Evergrande is not another Lehman Brothers. Also in focus: Eyewear maker Warby Parker goes public with a direct listing, shares of Dollar Tree jump on a share buyback increase, big tech's rough September, an update on the Zoom Video-Five9 deal, and Carl at Code with highlights of Salesforce CEO Marc Benioff's comments on remote work trends.
9/29/202143 minutes, 30 seconds
Episode Artwork

Tech Stock Sell-off, Carl at the Code Conference, Countdown to Powell and Yellen on the Hill, Ford's $11.4B bet on EVs, and the CEO of Robinhood Fires Back At Critics

Jim Cramer and David Faber led off with a rough start for the markets: Tech stocks in sell-off mode as the 10-year note yield hits a fresh three-month high. Jim and David focused on the mega-cap tech names and whether now is the time to buy. Speaking of tech: At the Code Conference in Los Angeles, Carl Quintanilla highlighted what AMD CEO Lisa Su said at the event about the chip shortage, Microsoft CEO Satya Nadella's remarks on the search market being a "complete monopoly" and Netflix Co-CEO Ted Sarandos’ comments on streaming, content and legacy movie studios. The anchors previewed testimony from Fed Chair Powell and Treasury Secretary Yellen ahead of their appearance before a Senate Banking Committee hearing on COVID-19 and the economy. Jim, David and Carl discussed Robinhood CEO Vlad Tenev's op-ed in The Wall Street Journal in which he defended his company's trading platform and its users -- and slammed critics who call its app "gamified." The anchors also reacted to what SEC Chair Gary Gensler told the Code Conference. Also in focus: Ford and Korean partner SK Innovation plan to invest $11.4-billion on electric vehicle factories.
9/28/202143 minutes, 20 seconds
Episode Artwork

Instagram Pushes Pause, Oil Prices Bounce, Supply Chain Woes Worsen

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with the S&P on pace for its worst month since Oct. 2020. The anchors also looked at the jump in energy prices, after Goldman Sachs raised its forecast on Brent crude oil saying it will hit $90 by year-end as supply tightens. Facebook making headlines this morning as well, announcing it is pausing work on ‘Instagram Kids’ after facing backlash. Despite saying this is a “very big change,” Jim Cramer said the news will have little to no impact on Facebook’s stock price. Also in focus: Jim Cramer highlighted Best Buy ($BBY) for ‘Stop Trading’ after Piper Sandler named the retailer as a “top idea.”
9/27/202143 minutes, 18 seconds
Episode Artwork

China’s Crypto Crackdown, Nike’s Supply Chain Challenges, Chip Shortage a “Short-Term” Problem?

Carl Quintanilla and Jim Cramer began with a breakdown of China’s crackdown on crypto with the country’s central bank saying all crypto-related activities are illegal. China’s comments sent prices of Bitcoin and Ethereum tumbling. The anchors stayed with China and got a live report from Eunice Yoon for the latest surrounding Evergrande’s crisis. Shifting to earnings, the anchors talked supply chain challenges that sent shares of Nike lower, despite the company posting an earnings beat. Jim Cramer says he is “worried about Nike.” Also in focus: Elon Musk says the chip shortage is a ‘short-term’ problem while Sec. Commerce Gina Raimondo says the “situation is not getting better, in some ways it is getting worse.”
9/24/202143 minutes, 27 seconds
Episode Artwork

Understanding Evergrande, Dell’s Post-Spinoff Outlook & Flying Cars

Carl Quintanilla, Jim Cramer and David Faber discuss China’s property market crisis and the Federal Reserve's decision to keep current monetary stimulus in place for just a little bit longer. The Food and Drug Administration has authorized Pfizer and BioNTech’s Covid-19 booster shots for people 65 and older and other vulnerable Americans six months after they complete their first two doses, making many Americans eligible to receive the shots now. Toast shares soared 56% in their New York Stock Exchange debut Wednesday after the provider of technology to restaurants priced its IPO above its expected range, Jim Cramer shares his skepticism. Dell says Q3 2022 expectations remain consistent with guidance after its spinoff of VMWare. Joby Aviation shares jumped almost 8% after Morgan Stanley initiated coverage of the stock with an overweight rating. The investment firm said in a note that Joby appears to have a head-start on getting its in-development vehicles certified by regulators compared to its competitors. Plus, CNBC’s Rick Santelli discussed how yields have fared throughout the year.
9/23/202144 minutes, 6 seconds
Episode Artwork

Fed Decision Day -- And Jamie Dimon Weighs In. Plus: Labor Pains for FedEx, A New Chapter in China's Evergrande Saga and What It Means for Stocks, An Update on DraftKings' $22.4B Takeover Offer, and Marc Benioff Blasts Facebook.

One day after a Wall Street rally fizzled, Carl Quintanilla, Jim Cramer and David Faber discussed the markets' attempt at another surge as fears surrounding Evergrande begin to ease: The Chinese property giant set to make its domestic bond payment on time. The anchors look at whether or not that development means now's a good time to buy into sectors such as materials. Cramer speaks out on why he believes China's President Xi has "overreached" when it comes to crackdowns in his country. Wall Street also bracing for Wednesday afternoon's Fed decision, policy statement and news conference with Chair Jerome Powell. The anchors reacted to JPMorgan Chase Chairman and CEO Jamie Dimon telling CNBC he believes the Fed could be forced into a sharp move next year. Shares of FedEx tumble after the company posted a big quarterly miss on the bottom line and cut guidance, citing the impact of labor shortages and rising costs. Media and streaming also in the spotlight: Brian Roberts, the Chairman and CEO of CNBC parent Comcast, told the Goldman Sachs Communacopia Conference the company is looking at new partnerships outside of the U.S. for its Peacock service. This comes after Disney CEO Bob Chapek told the conference why his company projects lower subscriber growth in its fiscal fourth quarter. Also in focus: More earnings movers including Adobe -- shares fall despite better-than-expected quarterly results, an update on DraftKings' $22.4-billion takeover offer for U.K.-based sports-betting company Entain, and Salesforce Chair and CEO Marc Benioff blasts Facebook for how it handles misinformation on the social network.
9/22/202143 minutes, 47 seconds
Episode Artwork

Morning After the Sell-off: Markets Rebound, China's Impact on Stocks, J&J's COVID Booster Shot Data, Uber Revs Up On Profit Outlook, and DraftKings Launches a $20B Takeover Bid

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at a rebound for stocks one day after worries surrounding Chinese property giant Evergrande helped to spark the worst sell-off for the S&P 500 in four months. The anchors discussed whether now is the time to get in on stocks that took a hit due to China exposure. They also highlighted a note from Bank of America which says that Apple "has navigated the China relationship admirably" but added that a "resurgence of national sentiment" could impact iPhone sales. On the pandemic front, Johnson & Johnson out with data showing a booster shot of its COVID-19 vaccine -- given two months after the first dose -- provided 94% protection in the U.S. and 75% globally. Uber shares up sharply on the company's outlook. Carl, Jim and David reacted to Uber CEO Dara Khosrowshahi's comments to CNBC about why he believes his company is on the track to profitability. They also discussed Uber, Lyft, DoorDash and Airbnb -- all participating in the rebound rally -- and reacted to Airbnb CEO Brian Chesky talking to CNBC about how his company has adapted to travel changes in wake of the pandemic. David Faber reports that DraftKings has made a $20-billion stock and cash takeover offer for U.K.-based online sports betting company Entain. Also in focus: The two-day Fed meeting, plus what to expect from President Biden's first address to the United Nations General Assembly as President of the United States.
9/21/202144 minutes, 24 seconds
Episode Artwork

Market Sell-off Extends the September Slide: China and the Evergrande Effect -- What Investors Should Do Now. Plus, Treasury Secretary Yellen’s Debt Ceiling Warning, Pfizer's New Data on COVID Vaccines for Kids, and U.S. Plans to Ease Travel Restrictions.

Carl Quintanilla, Jim Cramer and David Faber kicked off the week with a breakdown of the market sell-off, sparked by worries about contagion from the problems of Chinese property giant Evergrande. The company has hundreds of billions in debt and risks defaulting on a payment this week. The anchors also looked at where this week's Fed meeting, Washington's haggling over the reconciliation bill and the debt ceiling fit into the market picture, with Treasury Secretary Janet Yellen saying in an op-ed that Congress' failure to raise the debt limit would result in "economic catastrophe." Cramer calls this a "faux perilous" moment, adding that everything could be contained by "responsible politicians." He also talks about the September slide and how investors should approach what has been historically a rough time of the year for stocks. Carl, Jim and David also discussed Pfizer and BioNTech's announcement of new data showing their COVID vaccine is safe and generates what they call a "robust" immune response in a clinical trial of kids ages 5 to11. The anchors reacted to Pfizer board member and former FDA commissioner Dr. Scott Gottlieb's comment to CNBC, in which he said a vaccine for kids could be available as early as late October 2021. Also in focus: The U.S. planning to ease travel restrictions for foreign nationals who are vaccinated against COVID, a look ahead to this week's earnings from companies including Nike, why cryptocurrencies are under pressure, and "SPAC-ulation" intensifies.
9/20/202143 minutes, 11 seconds
Episode Artwork

Making Sense of a Roller Coaster Market Week, EV News from Lucid to Musk to Ford, Mark Cuban Tweets About Regulating Crypto, Biden vs. Manchin, COVID Vaccine Booster Shot Watch, and a Bullish Week for Wall Street Debuts

Carl Quintanilla, Jim Cramer and David Faber cap a roller coaster week for the market with a look at the tug-of-war between economic data versus supply chain issues and what's at stake for stocks. Pfizer and Moderna pushing for COVID vaccine booster shots ahead of a key FDA advisory committee meeting. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about the age factor when it comes to administering boosters. Lots of electric vehicle news: Lucid shares extended sharp gains from Thursday, after the Environmental Protection Agency gave one of the startup's luxury sedans a record mileage rating of 520 miles. Tesla CEO Elon Musk complimented Chinese automakers in pre-recorded remarks to a green-vehicle conference in China, while Ford says it is ramping up production of its all-electric F-150 Lightning pickup truck. The anchors also discussed President Biden making the case for hiking taxes on corporations and the wealthy to pay for a $3.5-trillion reconciliation package while facing opposition from Sen. Joe Manchin (D-WV) who thinks the price tag is too high. Carl, Jim and David reacted to Mark Cuban's tweet that cryptocurrency "regulation built around existing fraud laws is not a bad thing" -- and looked back at what SEC Chair Gary Gensler told them, about crypto during Wednesday's interview. Also in focus: This week's strong Wall Street debuts from the likes of drive-through coffee chain Dutch Bros. and Swiss sneaker company On Holding, a closer look at the size of SPAC redemption, proxy advisor Institutional Shareholder Services recommends a "no" vote on Zoom Video's deal to acquire Five9, and tech CEOs Tim Cook, Elon Musk and Jensen Huang are added to the 2021 "Time 100" list.
9/17/202143 minutes, 36 seconds
Episode Artwork

Market Reaction to a Surprise Jump in Retail Sales, Elon Musk's SpaceX Makes History, and the Railroad Bidding War Ends: The CEOs of Canadian Pacific and Kansas City Southern on their $27B Merger Deal. Plus, Sen. Warren's Message: Ban Fed Officials from Stock Trading.

Carl Quintanilla and Mike Santoli led of the show with market reaction to government retail sales data for August showing a surprise gain of 0.7%, despite the COVID-19 Delta variant outbreak. They also discussed two Wall Street notes on Delta and the consumer: Bank of America says a pickup in consumer spending could be an "early sign that the Delta-lull is passing and a mini-reopening cycle starting," while J.P. Morgan says several indicators "are pointing to an inflection in the Delta variant, setting up for a powerful holiday season (unlike last year)." At the Kennedy Space Center in Florida, Morgan Brennan recapped the historic "Inspiration4" all-civilian flight to orbit launched by Elon Musk's SpaceX -- and looked at how space-related stocks such as Virgin Galactic are reacting to the mission. Morgan also interviewed Canadian Pacific CEO Keith Creel and Kansas City Southern CEO Patrick Ottensmeyer after both railroad operators agreed to merge in a $27-billion deal, bringing an end to a long, drawn-out bidding war for KCS between CP and Canadian National Railway. Also in focus: Cathie Wood's Ark funds reportedly sold more shares of Tesla – this time 81,600 valued at about $62-million, Cisco rises on a growth forecast and upgrades (Carl and Mike react to what the company's CEO Chuck Robbins told CNBC), why shares of American Express, Chipotle and DoorDash saw gains in early trading, the Fed to re-examine ethics rules surrounding stock trading by Fed officials, and Senator Elizabeth Warren (D-MA) calls for a ban on Fed officials owning and trading individual stocks.
9/16/202143 minutes, 28 seconds
Episode Artwork

An Exclusive Interview With SEC Chair Gensler, Reaction to Apple's New iPhone 13, a Double Boost for Microsoft, and Casino Stocks Tumble on the "Macau Effect

SEC Chair Gary Gensler joined "Squawk on the Street" for an exclusive interview. David Faber, Jim Cramer and Carl Quintanilla discussed a wide range of topics with Gensler: Cryptocurrency, Robinhood - specifically in terms of a potential payment for order flow ban - the SPAC market, China and finally the Archegos fallout and the market for total return swaps. As for the market action, the anchors took a closer look at Apple one day after the company's product launch event featuring the new iPhone 13 lineup and other devices. Also in focus: Microsoft boosts its dividend by 11-percent and approves a $60-billion stock buyback program, casino stocks in the U.S. and Hong Kong tumble again on worries about tighter regulations in Macau, the natural gas price rally rolls on, Canadian National will not improve its offer to buy Kansas City Southern, and fallout for Facebook on a report that says company research shows the social network knows Instagram is toxic for teen girls.
9/15/202151 minutes, 29 seconds
Episode Artwork

The Markets and Tamer Inflation Data, SEC Chair Gensler Heads to the Hill, Apple Product Event Countdown, Goldman Sachs CFO to Step Down, Sen. Warren Urges the Fed to Break Up Wells Fargo, and AOC's "Tax the Rich" Message at the Met Gala

Carl Quintanilla, Jim Cramer and David Faber led off the show with inflation data that gave futures an early boost: The Consumer Price Index for August coming in up 0.3-percent -- the lowest level in seven months -- with the core rate (minus food and energy) up 0.1-percent. Both readings tamer than Wall Street estimates. Cramer says that CPI "flies in the face of the bearish narrative" on the markets, though he added to keep an eye on seasonality and that we could be in for the roughest four months of the year. The anchors also previewed SEC Chair Gary Gensler's testimony before the Senate Banking Committee, including planned remarks about regulating cryptocurrency and referencing the "Wild West." Carl, Jim and David also explored what to expect from Apple's product event -- the company slated to unveil new iPhone models and other devices. Goldman Sachs announced a change in its executive ranks: Stephen Scherr will step down as CFO at the end of the year. Also in focus: A $4,700 price target for Amazon, casino stocks tumble on worries about Macau ramping up government supervision of gaming operations, Sen. Elizabeth Warren (D-MA) calls on the Fed to break up Wells Fargo, Intuit buys Mailchimp for $12-billion in cash and stock, Boeing raises its jet demand forecast, and Rep. Alexandria Ocasio-Cortez (D-NY) wears a "Tax the Rich" dress to Monday night's Met Gala in New York City.
9/14/202143 minutes, 5 seconds
Episode Artwork

Stocks Look To Bounce Back From A Rough Week, Supply Chain Worries, Taxes and the $3.5T Plan, KC Southern Declares a "Superior" Bid, Epic Games vs. Apple, Disney's Film Release Strategy and Goldman's Tech "Buy" and "Sell" Calls.

With the Dow and S&P 500 each looking to snap a five-session losing streak, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at what's next for the markets. Supply chain and inflation issues in the spotlight after 3M said " the rising price of raw materials, labor and logistic" would hurt the company's bottom line. The anchors also reacted to Nike being downgraded by BTIG because of supply concerns. The potential for tax hikes on Wall Street's radar as Capitol Hill Democrats work on a reconciliation package. The anchors discussed a note from Goldman Sachs strategist David Kostin in which he says "Tax reform ... is the key risk to US equities through year-end 2021." They also reacted to comments by Senator Joe Manchin (D-WV) to NBC's "Meet The Press" reiterating his objection to a $3.5-trillion price tag. On the railroad M&A front, Kansas City Southern declaring Canadian Pacific's $31-billion takeover offer to be "superior" to a rival bid from Canadian National. Also in focus: "Fortnite" maker Epic Games appeals the Friday court ruling that said Apple was not running an illegal monopoly with its app store, Disney says its remaining movie slate for 2021 will be released exclusively in theaters, why energy stocks are driving the S&P 500 higher, and Goldman Sachs initiates coverage of several internet-related names -- Amazon, Facebook and Alphabet among those rated a "buy," while Airbnb and Twitter were slapped with "sell" ratings. David explains what's behind the surge in uranium prices.
9/13/202143 minutes, 30 seconds
Episode Artwork

America Remembers 9/11: 20 Years Later. Plus, The Market's 4-Day Losing Streak, Pres. Biden's Sweeping Vaccination Push, The Biden-Xi Phone Call, Beijing's Crackdown on Tech, and Affirm Soars - "Buy Now?"

Carl Quintanilla, Jim Cramer and David Faber led off the show with reflections on 9/11 twenty years later, including a look back at what David and the late Mark Haines said on CNBC after the World Trade Center's twin towers were struck. The NYSE and Nasdaq each observed a moment of silence prior to the opening bell. Don Carty was the CEO of American Airlines parent AMR on 9/11 twenty years ago. He appeared on the program and shared his recollections of that day -- as well as his thoughts on how the airline industry has rebounded. Bob Pisani looked back at how 9/11 forever changed New York's financial district. As for the markets, Carl, Jim and David took a closer look at stocks with the Dow and S&P 500 in the midst of a four-day losing streak. They discussed President Biden's Thursday phone call with China's President Xi. Cramer offered his take on how investors should assess this development. The anchors also looked at where China's crackdown on tech companies fits into the picture. Speaking of tech, shares of "buy now, pay later" company Affirm soared on upbeat revenue and guidance. The anchors reacted to what Affirm Co-Founder & CEO Max Levchin told CNBC about his company benefiting from customer satisfaction. Also in focus: Pres. Biden's new COVID-19 mandates and the reopening trade, Take-Two Interactive delaying new versions of "Grand Theft Auto" by four months, plus the latest on Coinbase vs. the SEC.
9/10/202143 minutes, 48 seconds
Episode Artwork

The COVID Effect on Markets and Impact on the Airlines, GameStop Tumbles, Lululemon Surges, China Ramps Up Its Crackdown on Gaming, and Tom Brady's Crypto Ad Ahead of the NFL Season Kickoff

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at COVID and the Delta variant's impact on the markets, as the Dow and S&P 500 are in the midst of a three-day losing streak. Airlines including Southwest, United and Delta say they have seen cancellations and softness in booking due to the variant outbreak. The anchors also reacted to Wednesday comments from Dallas Fed President Robert Kaplan about COVID's resurgence and impact on the travel, hospitality and leisure industries. Kaplan said that as a result, the Dallas Fed would be revising its Q3 GDP forecast downward to six-percent growth. On the earnings front, GameStop shares down sharply after posting a narrower quarterly loss that still missed street estimates, though revenue did top forecasts as sales grew more than 25-percent. Carl, Jim and David discussed CEO Matt Furlong ending GameStop's conference call without taking questions from analysts. On the flip side, shares of Lululemon surged on upbeat earnings and guidance, helped by strong direct-to-consumer sales. A new development regarding China's crackdown on tech: NetEase, Tencent and other videogame companies have been summoned by authorities in Beijing -- and ordered to follow new rules for the online-gaming industry. Tech investor Cathie Wood says her Ark funds have reduced their positioning in China "dramatically." Also in focus: Macy's shares jump on an upgrade from Cowen, President Biden to announce a vaccine requirement for federal workers, what the CNBC Post-SPAC Index is telling us about SPAC valuations, Morgan Stanley downgrades Cisco, and Tom Brady appears in an ad for crypto exchange FTX set to air during the Bucs-Cowboys telecast which kicks off the NFL season.
9/9/202143 minutes, 24 seconds
Episode Artwork

Cramer's Back, Tech's "Remarkable Staying Power," PayPal's Japanese "Buy Now, Pay Later" Deal , Coinbase vs. SEC, Apple from Record Highs to Ford's Poaching, the Bitcoin "Flash Crash" and BlackRock Fires Back at George Soros

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing Jim's first take on the market since his return from vacation. He said "the remarkable staying power of technology has kept this market afloat" in the face of inflation fears, the COVID-19 Delta variant outbreak, Fed taper talk and worries about a growth slowdown. Cramer explained why he believes big tech will retain its leadership role. Speaking of tech, the anchors discussed PayPal's $2.7-billion deal for Japan's Paidy and what it could mean for the payments landscape as the "buy now, pay later" market heats up. Coinbase shares falling after the largest crypto exchange in the U.S. said the SEC is threatening to sue the company over its planned "Lend" product that would allow users to earn interest by lending crypto assets. The anchors reacted to how Coinbase CEO Brian Armstrong responded on Twitter to the SEC's Wells notice and defended his company's product. Lots of news regarding Apple: The stock entering Wednesday's session at record highs on the heels of the company announcing a product launch event slated for September 14, Morgan Stanley's Katy Huberty out with a note on Apple saying the recent App Store headlines have more bark than bite, and Ford announcing it has hired away Doug Field from apple to lead the automaker's emerging technology efforts. Field had been working on Apple's secret car project. Also in focus: The move in Bitcoin after Tuesday's brief 17-percent drop, China-based stocks and the latest on Beijing's crackdown, BlackRock responds to billionaire investor George Soros' criticism of its China investments, and Dallas Fed President Robert Kaplan reportedly made multiple stock trades of a million dollars or more last year.
9/8/202143 minutes, 34 seconds
Episode Artwork

The August Jobs Report's Big Miss and Market Reaction, the "State" of Didi and the China Crackdown, Railroad Bidding War's New Developments, A Delay for Apple, and a Hot Week for Netflix

David Faber, Morgan Brennan and Mike Santoli led off the program with the top story of the morning: A big miss in the government's August jobs report, reflecting worries about the Delta variant outbreak. The report shows the economy created 235,000 non-farm jobs last month. Wall Street expected a gain of 720,000. The unemployment rate fell to 5.2-percent -- in line with forecasts -- while wage growth doubled economists' estimates on a month-to-month basis. Grant Thornton Chief Economist Diane Swonk and J.P. Morgan Asset Management Chief Global Strategist David Kelly joined the anchors for a roundtable discussion on what the jobs report means for stocks, the Fed and the recovery. David, Morgan and Mike stayed on top of stocks related to the China crackdown on tech. Shares of Didi rose after a published report said Beijing city is considering taking a stake in the ride-hailing company -- and possibly bringing it under state control. In news involving a well-follower railroad takeover battle, David reported the board of Kansas City Southern is expected to meet to deem Canadian Pacific's bid likely to lead to a superior proposal. Also in focus: Apple delays its plan to scan iPhones for child exploitation, what's driving this week’s Netflix rally, earnings winners from Broadcom to Docusign, and a profile of the state with the worst infrastructure in the U.S.
9/3/202143 minutes, 39 seconds
Episode Artwork

The Market Records Keep on Coming, Remnants of Ida Pummel Northeast, Apple and Alphabet's All-Time Highs, Ford Sales Slump In August, China Crackdown Update, and a $10.5B Deal Is Confirmed.

David Faber, Leslie Picker and Mike Santoli explored the road ahead for stocks as the S&P 500 hits a fresh record high. A Wall Street analyst joined them to discuss Apple and Alphabet hitting all-time highs and how you should put your money to work in big tech. The anchors also discussed the remnants of Hurricane Ida, which battered the Northeast U.S. and resulted in massive flooding, record rainfall, tornados and deaths. Leslie showed video and a photo of her morning commute, which highlighted flooding and damage. Autos in the spotlight: Ford vehicle sales tumbled more than 33-percent in August. The anchors and Phil LeBeau discussed everything from Ford cutting back F-150 production in wake of the chip shortage -- to tech investor Cathie Wood tweeting that "Auto buyers are abandoning gas powered vehicles in favor of electric." Also in focus: Shares of Chewy fell sharply after the pet products retailer posted a quarterly miss, Didi and the China crackdown on tech - Beijing ordering eleven ride-hailing platforms to stop "unfair competition tactics", Baxter International confirming it is acquiring medical technology rival Hill-Rom in an all-cash deal valued at $10.5-billion, Hormel falls after downgrading its outlook, Why food company valuations are compressed, and the bankruptcy plan for OxyContin maker Purdue Pharma was approved by a federal judge.
9/2/202143 minutes, 39 seconds
Episode Artwork

A New Month and a New Record High, The Big Tech Rally, and Buying Financials - August's Top-Performing Sector. Also: Hurricane Ida Damage and the Gas Shortage, Lucid Plummets, and Buying on the Dip - Cathie Wood Loads Up on Zoom

On the first trading day of September, David Faber, Leslie Picker and Mike Santoli explored what's next for stocks after an August in which the S&P 500 extended its monthly win streak to seven. They looked at what history tells us about market performance in September. The Nasdaq rose to a new all-time high: Can big tech/FAANG keep the upward momentum going? Financials were the best performing sector in August with a five-percent gain. The anchors asked Piper Sandler analyst Jeff Harte which bank stocks are most likely to extend the rally. The damage from Hurricane Ida also in focus: Frank Holland reports from New Orleans on the power outage situation in Louisiana. An executive of a group representing owners of thousands of Louisiana service stations and convenience stores joined the program to discuss how they're coping with gasoline shortages due to Ida. David, Leslie and Mike took a closer look at Cathie Wood's buy on the dips strategy - the tech investor snapped up more than $56-million worth of Zoom Video shares after the stock tumbled on Tuesday. She also bought about 260,000 shares of Robinhood. Also in focus: PVH and Campbell Soup among the biggest gainers on earnings news, Why shares of electric vehicle startup Lucid have taken another big hit, and an eye-opening development in the railroad takeover battle for Kansas City Southern.
9/1/202143 minutes, 13 seconds
Episode Artwork

Final Trading Day of August, Entergy President on Hurricane Ida's Damage and Power Outages, Zoom Tumbles on Growth Outlook, and Can Chip Stocks Sustain Their Record Run?

David Faber, Morgan Brennan and Mike Santoli led off the show with a look at the markets on the final trading day of August, which has been a strong month for tech stocks. That discussion was followed by Frank Holland’s live report from New Orleans on the catastrophic damage caused by Hurricane Ida, as more than one million Louisiana residents could be without power for weeks. Rod West -- Entergy Group President, Utility Operations -- joined the program to discuss the challenges the New Orleans-based utility faces in providing electricity to customers and restoring the power grid that was destroyed by Ida. The anchors also highlighted the big stock story of the morning: Shares of Zoom Video tumbling on the company's slower growth outlook as more people return to the office and to school. That news overshadowed better-than-expected quarterly results. Staying on tech, a semiconductor analyst from Mizuho appeared on the show discuss the recent chip stock rally and which names he thinks will power the sector's record run. Also in focus: Why China-based stocks are rebounding, SEC Chairman Gensler's comments and their impact on Robinhood stock, and what's behind the rise in SPAC redemption rates.
8/31/202143 minutes, 10 seconds
Episode Artwork

Hurricane Ida's Catastrophic Damage and What's At Stake for the Energy Sector, The S&P 500's "Earnings-Led Melt-Up", Space-Related Stocks Soar and Plummet, While Two Stocks Skyrocket on Big Tech News

David Faber, Morgan Brennan and Mike Santoli kicked off the show with the latest on the damage caused by Hurricane Ida, going to a live report from CNBC's Valerie Castro on the ground in New Orleans, which has been hit by a power outage -- more than one million people in Louisiana and Mississippi without power as a result of Ida, which was downgraded to tropical storm status. The anchors and a Wall Street analyst discussed Ida's impact on the energy sector, with regulators saying that 95-percent of oil production in the Gulf of Mexico due to the hurricane. David, Morgan and Mike also looked at the market week ahead with the S&P 500 hitting fresh record highs. Veteran strategist Ed Yardeni joined the program to discuss what he calls an "earnings-led melt-up" in the S&P 500. Space-related stocks among the big movers: Satellite services provider Globalstar soared more than 60-percent following a report in AppleInsider that the iPhone 13 will have the ability to utilize satellite communications, while Astra Space shares plummeted after its rocket once again failed to reach orbit. Also in focus: Shares of digital payments specialist Affirm Holdings soar more than 40-percent on news of the company's partnership with Amazon, China to limit videogames for young people, how insurance stocks are moving in reaction to Hurricane Ida, the EU suspends non-essential travel from the U.S. due to the Delta variant outbreak, plus medical technology M&A: David Faber reporting that Baxter International is near a deal to buy Hill-Rom for $156 per share.
8/30/202142 minutes, 56 seconds
Episode Artwork

Markets Brace for Fed Chair Powell's Jackson Hole Speech, Cleveland Fed President Mester Speaks Out, Peloton Tumbles, Gap Jumps and Apple Reaches a Settlement

Carl Quintanilla, David Faber and Mike Santoli led off the show with a preview of Fed Chair Jerome Powell's speech to the Jackson Hole virtual symposium and what it could mean for markets, with Wall Street looking for clues about Fed policy when it comes to inflation and tapering as the Delta variant outbreak impacts the economy. Steve Liesman interviewed Cleveland Fed President Loretta Mester about her perspective on tapering, inflation and supply constraints, plus the role COVID vaccinations are playing in the recovery. The anchors also reacted to the big movers of the morning: Peloton falls after reporting a wider-than-expected quarterly loss and stating in an SEC filing that it has been subpoenaed by the government for documents on injuries related to its products. A different story for Gap -- shares higher on better-than-expected quarterly results and raised guidance, power by strong demand for its Old Navy and Athleta brands. Also in focus: Apple says it has resolved a class-action lawsuit from U.S. developers over its App Store policies, Dell Technologies and HP fall despite earnings beats, and what's driving the rally in energy stocks.
8/27/202142 minutes, 29 seconds
Episode Artwork

Earnings Parade from Tech to Retail, Dollar Stores Slump on Supply Chain Challenges, The Stay-At-Home Trade vs. Return to Work Plans as COVID Cases Rise, And Fed Presidents Speak Out Ahead of Chair Powell's Jackson Hole Speech

The morning after fresh record closing highs for stocks, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at a pair of tech earnings movers: Shares of Salesforce and Snowflake each getting a lift from their respective quarterly results. The anchors reacted to what the CEOs of both companies told CNBC about their numbers, and explored what's next for stay-at-home players such as Zoom in wake of companies pushing back their return to office plans due to the Delta variant outbreak. Retail earnings also on the front burner: Williams-Sonoma shares surge on upbeat quarterly results and guidance -- plus a 20-percent dividend hike, while Dollar General and Dollar Tree saw their shares slump as both retailers issued guidance below street estimates -- this in wake of supply chain issues. Ahead of Fed Chair Powell's Friday speech to the Jackson Hole virtual Fed summit, the anchors reacted to comments St. Louis Fed President James Bullard made to CNBC about how soon policymakers should taper to combat inflation. Also in focus: Banks in the green including JPMorgan Chase trading at a two-month high, The debate over whether government benefits are a major disincentive for people to return to work - and where "gig stocks" fit into the picture, and "SPAC on the Street" including Forbes’ plans to go public, plus another day in which a SPAC is doubling after the opening bell.
8/26/202143 minutes, 49 seconds
Episode Artwork

J&J's COVID Vaccine Booster and the Reopening Trade, "Meme Stock Madness" Returns, Nasdaq's New Record High, Big Earnings Movers in Retail, Nvidia's Supercomputer Deal, and CEOs Head to the White House for a Cybersecurity Summit

Carl Quintanilla, Jim Cramer and David Faber discussed the road ahead for the market on another record-setting day for the Nasdaq. Johnson & Johnson says its COVID vaccine booster shot generated a positive immune response in early trials. The anchors explored what this means for the reopening trade as more companies institute vaccine mandates. Carl, Jim and David followed up on the "meme stock madness" after GameStop and AMC Entertainment each posted gains of more than 20-percent in Tuesday's session. Retail stocks also in the spotlight: Nordstrom shares tumble despite beating analyst expectations with its quarterly results, while Dick's Sporting Goods sees its stock soar in reaction to an earnings beat and dividend hike. The anchors took a closer look at the chip sector: Everything from Nvidia announcing its computer platform will be used in an U.S. Department of Energy supercomputer (and where Intel fits into the story) - to the state of the chip shortage and its impact on the auto industry. Also in focus: What to expect from the White House cybersecurity summit including the big tech CEOs, plus a "Faber Report" on SPACs -- and why one SPAC soared more than 170-percent right after the opening bell.
8/25/202143 minutes, 32 seconds
Episode Artwork

The Chinese Stock Rally and the Cathie Wood Effect, Mandates and the Reopening Trade After Full Approval of Pfizer's COVID Vaccine, Boeing Faces New Scrutiny, Tim Cook's Decade as CEO of Apple, and the CEO of Medtronic Talks Earnings and the Pandemic.

Carl Quintanilla, Jim Cramer and David Faber explored the reasons behind a big rally in shares of China-based companies. One of the catalysts: Cathie Wood's Ark Invest buying almost 165,000 shares of JD.com. The reopening trade very much in focus one day after the FDA fully approved Pfizer's COVID-19 vaccine. Airline and cruise stocks extending Monday's gains. The anchors discussed everything from the push for vaccine mandates to why the White House isn't doing more to promote use of Regeneron's monoclonal antibody treatment for COVID. Medtronic CEO Geoffrey Martha joined the program to discuss his company's outlook in wake of the pandemic, as well as quarterly results showing stronger demand for medical devices. The anchors reacted to reports the FAA is set to review how Boeing employees handle safety matters on the agency’s behalf after some company engineers said they face undue pressure. Carl, Jim and David also took a closer look at Apple on Tim Cook's tenth anniversary as CEO of the tech giant: The stock up 1000-percent since Cook succeeded the legendary Steve Jobs. Also in focus: A fresh record high for the Nasdaq, Best Buy jumps on earnings, Palo Alto Networks soars on quarterly results, Airbnb CEO Brian Chesky tweets that the company "will begin housing 20,000 Afghan refugees globally for free," and an update on the lawsuit against a SPAC backed by billionaire investor Bill Ackman.
8/24/202144 minutes, 6 seconds
Episode Artwork

The FDA Grants Full Approval to Pfizer's COVID Vaccine, Fed Chair Powell and Jackson Hole, Bitcoin Back Above $50K, Wall Street Firms' First Calls on Robinhood, "Gig Stocks" Slump on California Judge's Ruling, and Sir Richard Branson's Virgin Orbit to Go Public Via a SPAC Deal.

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the markets this week in light of the big news of the morning: The FDA officially granting full approval to the Pfizer/BioNTech COVID-19 vaccine. The anchors discussed what this development could mean for the reopening trade, vaccine mandates and getting workers back into the office. Carl, Jim and David also reacted to former FDA Commissioner Dr. Scott Gottlieb's comments to CNBC about businesses mandating vaccine shots for workers. The Fed also in the spotlight ahead of Friday's Jackson Hole symposium, which is going virtual due to the Delta variant outbreak. The anchors explored whether Fed Chair Jerome Powell should hold off on his tapering strategy until we get more answers about how long Delta will impact the recovery. Also in focus: Bitcoin jumps back above $50,000 for the first time since May, a number of Wall Street firms initiating coverage of Robinhood nearly a month after its public debut, shares of Uber, Lyft and DoorDash take a hit after a California judge ruled the state's "gig worker" law to be unconstitutional, and Sir Richard Branson's Virgin Orbit satellite launch service planning to go public by combining with SPAC "NextGen Acquisition Corp. II" in a $3.2-billion deal.
8/23/202143 minutes, 27 seconds
Episode Artwork

The Tesla Bot, Delta Derails, Autos Chipped

Carl Quintanilla and Morgan Brennan started the show with a look at markets, with the Dow on pace for its worst week since June. The anchors also brought up big businesses dealing with COVID concerns, as Apple said that its staff won’t be returning to the office until January. CNBC’s auto & airline reporter Phil LeBeau also joined with highlights from Tesla’s A.I. event yesterday, where the company announced it is working on a humanoid robot with a prototype supposedly coming ‘sometime next year.’ Also in focus: Foot Locker wrapped up a big week of retail earnings, with the stock soaring on this morning’s results, and former Cypress Semi CEO T.J. Rodgers talked the ongoing chip shortage, saying “this is going to be over by the end of this year – for most stuff we buy.”
8/20/202143 minutes, 48 seconds
Episode Artwork

Robinhood’s First Earnings Since IPO, Exclusive: Cisco CEO Chuck Robbins, Toyota’s Production Cuts

Carl Quintanilla and Jim Cramer began with a look at the market action, with stocks coming off their worst day in a month. The anchors also hit some of the big earnings movers, including Robinhood. Shares were down after the company reported its first quarterly results since going public. Robinhood did double its revenue last quarter, but the app also warned of a slowdown in trading activity. Another big name under pressure was Cisco, with CEO Chuck Robbins joining the anchors for an exclusive interview. Later that hour, Phil LeBeau reported some breaking news as Toyota said it expects to see a drop in production due to the ongoing chip shortage, set to cut global production by around 40% in September. Shares of the automaker slid sharply on the news.
8/19/202143 minutes, 22 seconds
Episode Artwork

Retail Rollout Continues, Fed’s Neel Kashkari Slams Crypto, Robinhood Preview

Carl Quintanilla and Jim Cramer began with a breakdown of the latest retail earnings as Target, Lowe’s and TJX Companies all reported before the market open. Although Target and Lowe’s both beat analyst expectations the stocks moved in opposite directions, with Target shares in the red. The anchors also discussed Minneapolis Fed President Neel Kashkari slamming the crypto market, saying “Cryptocurrency is 95% fraud, hype, noise and confusion.” For Cramer’s ‘Mad Dash’ he highlighted the growth in Nucor with that stock up more than 150% over the last 12 months. Also in focus: Big earnings to watch after the bell with Cisco, Nvidia & Robinhood set to report. This will be the first quarterly results for Robinhood since going public.
8/18/202143 minutes, 38 seconds
Episode Artwork

Stocks Slide At The Open, A Pair of Dow Retailers Report, Cathie Wood vs. Michael Burry

Carl Quintanilla and Jim Cramer began with a closer look at yesterday’s record close with the S&P 500 doubling from its pandemic bottom, marking the fastest bull market rally since WWII. The anchors then shifted to a pair of big retailers reporting results. Home Depot saw shares slide at the open despite posting a beat on both the top and bottom lines. Contrastingly, Walmart was among the biggest gainers on the Dow with the company receiving a boost from strong grocery sales and back-to-school spending. The anchors also discussed Michael Burry of ‘The Big Short’ betting big against Cathie Wood and her flagship ARK Innovation exchange-traded fund. Also in the mix: Jim Cramer highlighted Airbnb for his “Stop Trading” segment, saying “I like Airbnb more than any hotel during this period.”
8/17/202144 minutes, 6 seconds
Episode Artwork

The Fed’s Taper Timeline, Tesla’s Autopilot System Under Investigation, Crypto Market Back Above $2 Trillion

Carl Quintanilla and Jim Cramer began with a closer look at the Fed, as the group’s open market committee looks to be coalescing around a plan to announce it will taper its asset purchases in September and begin reducing them a month or so after. Following the market discussion, CNBC Correspondent Dan Murphy joined for a live report on the ongoing situation in Afghanistan, including a look at the chaotic scenes at the Kabul airport. The anchors also discussed Tesla shares sliding after the National Highway Traffic Safety Administration opened a formal investigation into the company’s autopilot system. CNBC’s auto and airline industry reporter Phil LeBeau broke down the latest details. Also in focus: Bitcoin is back to its highest level since May, Intel’s Pat Gelsinger pushes for billions in government subsidies to build more chip plants, and T-Mobile investigates claims of a data breach that involves the personal data of over 100 million users.
8/16/202143 minutes, 49 seconds
Episode Artwork

Disney Beats the Street and Leads the Stock Market to Record Highs, the FDA's COVID Booster Shot Authorization and Companies’ Approaches to Vaccinations, What Airbnb and DoorDash’s Results Tell Us About the Reopening Trade, and the CEO of the U.S. Chamber of Commerce Talks Infrastructure.

Carl Quintanilla, Morgan Brennan and Mike Santoli led off the show with Disney, whose better-than-expected quarterly results drove the stock higher, leading the Dow and S&P 500 to new record intraday highs. The anchors reacted to what Disney CEO Bob Chapek's told CNBC about Disney+ adding subscribers despite a hike in the streaming service's rates. They also looked at how the company's theme parks are faring in light of rising COVID cases and the debate in Florida over requiring vaccinations and mask wearing. Sticking with the pandemic and the reopening trade, the Food and Drug Administration has authorized COVID vaccine booster shots for people with weakened immune systems. Carl, Morgan and Mike reacted to former FDA Commissioner Dr. Scott Gottlieb's comments to CNBC about the need for a third shot. The anchors also discussed the latest developments regarding companies' vaccine requirements and return to work plan revisions. U.S. Chamber of Commerce CEO Suzanne Clark joined the program to discuss the $1-trillion bipartisan bill passed by the Senate, labor shortages and what's at stake for corporate America. Also in focus: Market reaction to quarterly results from the likes of Airbnb and DoorDash, an update on the railroad bidding war over Kansas City Southern, a rough week for the chip stocks, and why FTC Chair Lina Khan is saying antitrust regulators should take a tougher approach when it comes to defense industry mergers.
8/13/202143 minutes, 46 seconds
Episode Artwork

Fed Chair Powell and Inflation Watch, Challenges for The Reopening Trade, The FDA and a Third Booster Shot, More Companies Revise Return to Work Plans, Micron As a "Red" Chip, Credit Card Spending Data Airlines Don't Want to Hear, and What to Expect From Disney Earnings

The morning after the Dow and S&P 500 posted record closing highs, Carl Quintanilla, Jim Cramer and David Faber led of the show with new wholesale inflation data: Producer prices for July coming in hotter than expected, rising one percent from the previous month and up 7.8-percent year-on-year. They explored how Fed Chair Jay Powell is approaching inflation and the recovery amid the Delta variant outbreak -- and reacted to comments from Dallas Fed President Robert Kaplan, who told CNBC that he'd "rather take the foot off the accelerator soon" when it comes to bond purchases. Cramer explains why it's time to nix the term "taper tantrum." COVID and the reopening trade also in focus: The FDA is on the verge of authorizing a third COVID vaccine dose for immunocompromised people, Moderna shares trying to rebound after Wednesday's 15-percent drop, and McDonald's and CNBC parent NBCUniversal joining the list of companies revising their return to work plans and announcing vaccination requirements for certain employees. With airline stocks under pressure, the anchors discussed data from Bank of America showing a pullback in credit card spending, with the biggest deceleration coming from spending on airfare -- which reflects concerns about the Delta variant. Also in focus: The outlook for chip stocks as Micron falls on a Wall Street downgrade, What to expect from Disney's quarterly results after the bell, and market reaction to earnings movers including eBay, Palantir, Bumble, Sonos and snacks maker Utz Brands.
8/12/202143 minutes, 28 seconds
Episode Artwork

Record Highs for the Dow and S&P 500 Following the Release of Inflation Data, Southwest's COVID Warning, Stocks Respond to Senate Passage of a $3.5T Budget Blueprint and $1T Infrastructure Bill, plus all things crypto from Coinbase to SEC Chairman Gensler

Carl Quintanilla, Jim Cramer and David Faber discussed another record day for the Dow and S&P 500, sparked by inflation data showing consumer prices in July did not rise by as much as investors feared. CPI rose 0.5-percent last month and increased 5.4-percent year-on-year. The anchors explored what it all means for investors and the Fed. As for the reopening trade, Southwest shares fell after the airline said cancellations have increased in August due to concerns over the Delta variant, making it difficult to be profitable for the current quarter. The anchors also discussed decisions by Southwest, American and Delta to not require their employees to get COVID vaccinations, unlike United's mandate. President Biden's economic agenda also in the spotlight after Senate narrowly passed a $3.5-trillion budget blueprint one day after a $1-trillion bipartisan infrastructure bill was approved in the chamber. The anchors discussed the stocks most likely to benefit from infrastructure legislation -- especially the big rally in steel stocks -- and reacted to what Nucor's CEO told CNBC about the bill. Crypto in the mix as Coinbase posts better-than-expected quarterly results -- and SEC Chairman Gary Gensler tells Senator Elizabeth Warren that the SEC needs more regulatory authority over cryptocurrency. Also in the mix: Electric air taxi startup Joby Aviation goes public via a SPAC deal, an update on the railroad bidding war for Kansas City Southern, meme stock mania, retail's upward momentum led by Home Depot, a report which says American Express is postponing its return to the office plans because of the Delta variant outbreak, and shares of Wendy's get a lift on earnings but the company formerly known as Weight Watchers plummets.
8/11/202143 minutes, 40 seconds
Episode Artwork

An In-Depth Interview With AMC Entertainment Chairman & CEO Adam Aron - and a Railroad Bidding War Intensifies as CP Sweetens Its Offer for Kansas City Southern

Jim Cramer and David Faber led off the show by highlighting one of the day's biggest gainers: AMC Entertainment posting better-than-expected quarterly results as moviegoers returned to its theaters. The company also announcing plans to accept payments in bitcoin by the end of the year, plus a deal with Warner Bros. to show the studio's 2022 movie slate in theaters for 45 days. Jim and David discussed those issues and more in a wide-ranging interview with AMC Entertainment Chairman & CEO Adam Aron, who also weighed in on his company's valuation in wake of the meme stock frenzy: Shares of AMC up more than 1500-percent this year alone. The anchors also explored new developments in a railroad bidding war: Canadian Pacific confirming a new takeover offer for Kansas City Southern -- a cash and stock bid valued at $300 per share or $27-billion excluding debt that CP believes to be "superior" to the merger deal Canadian National Railway struck with KCS earlier this year. CN responded by calling the new CP offer "inferior". Also in focus: Countdown to the U.S. Senate vote on the bipartisan $1T infrastructure bill, consumer investment plays from big tech to retail, and Moderna's march toward a $200B market value.
8/10/202148 minutes, 18 seconds
Episode Artwork

New Market Week: Gold's Flash Crash, The Bitcoin Bounce, Oil Slumps on China COVID Measures, The Reopening Trade vs. the Delta Variant Spread, A Legal Victory for Norwegian Cruise Over Florida, An Upgrade for Tesla, and the $1T Bipartisan Infrastructure Bill Advances

After a record-setting week for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed some eye-opening news on the commodities front: Gold fell nearly 4.5-percent due to an early morning "flash crash" before recouping some of those losses, while crude oil prices tumbled on worries about the Delta variant in China, whose government announced measures to combat the outbreak. In the U.S., the seven-day average of COVID cases surpassing 100,000 for the first time in six months. Separately, a federal judge ruled that Norwegian Cruise Line can ask passengers for proof of COVID vaccination, temporarily blocking a Florida law banning that practice. The anchors explored what the recent COVID developments could mean for the reopening trade -- and reacted to Dr. Scott Gottlieb telling CNBC why he believes the epidemic won't last through the fall. Also in focus: The Wall Street upgrade that's lifting Tesla's stock, the earnings report card for Warren Buffett's Berkshire Hathaway, "M&A Monday" including DraftKings agreeing to buy Golden Nugget Online Gaming in an all-stock deal, and the Senate moving a step closer to passing a bipartisan $1T infrastructure bill and what it could mean for crypto as Bitcoin hits a fresh three-month high. The CEO of Plug Power appeared on the program and discussed what the bill could mean for the maker of hydrogen fuel cell systems.
8/9/202143 minutes, 16 seconds
Episode Artwork

The U.S. Adds 943,000 Jobs in July -- President Biden's Labor Secretary Joins the Program "First on CNBC." Plus: Stocks Hit a New Record High, Robinhood's Wild Ride Gets Wilder, DraftKings' CEO on Earnings and Sports Betting, and the Countdown to David's Final Episode As Guest Host of "Jeopardy!"

Carl Quintanilla, David Faber and Morgan Brennan led off the show with the big news of the morning: The government's July employment report shows non-farm payrolls rose 943,000 last month -- the largest in almost a year -- while the unemployment rate fell to 5.4-percent. The news sending the Dow and S&P 500 to record highs. The anchors discussed whether such momentum could continue in wake of rising COVID cases due to the Delta variant. Labor Secretary Marty Walsh joined the program to discuss the jobs report and the state of the recovery amid the pandemic. Carl, David and Morgan also engaged in a markets and jobs roundtable discussion with Grant Thornton Chief Economist Diane Swonk and J.P. Morgan Asset Management Chief Global Strategist David Kelly. Robinhood's wild ride also in the spotlight: Shares rebounding one day after tumbling 27-percent on news about the company filing for a 97.9 million stock sale. The anchors interviewed DraftKings CEO Jason Robins about his company's better-than-expected quarterly results and the business of sports betting, especially when it comes to the NFL. Also in focus: Earnings winners and losers including Expedia -- shares down sharply on a wider-than-expected quarterly loss and the company's comments about the Delta variant's impact on travel. Plus, highlights from Thursday night's episode of "Jeopardy!" with David as guest host and a look ahead to Friday night's final episode with him as host of the iconic game show.
8/6/202143 minutes, 28 seconds
Episode Artwork

Robinhood's Wild Ride and Share Sale, Earnings Parade -- Uber Slumps Despite a Q2 Beat, Goldman Sachs' Bullish Call on the S&P 500, Faber "Jeopardy!" Highlights, and Grilling on Wall Street: Weber CEO on His Company's IPO.

One day after shares of Robinhood soared more than 50-percent, Carl Quintanilla, Jim Cramer and David Faber led off the show with new developments surrounding the stock's wild ride: Robinhood filing to sell up to nearly 98-million shares over time -- the news resulting in a double-digit percentage decline for the stock. The anchors explored what this means for Robinhood and the meme stocks -- and harkened back to what CEO Vlad Tenev said during our program last week, on the day Robinhood went public. Lots of earnings movers in the spotlight: Uber shares fall despite better-than-expected quarterly results and bookings. The anchors reacted to what CEO Dara Khosrowshahi told CNBC about driver incentives that weighed on the company's performance. Among the earnings winners and losers: Etsy and Roku shares take a hit, while ViacomCBS jumps on profits and streaming subscriber growth. Also in focus: Moderna says its COVID-19 vaccine is 93-percent effective after six months, Goldman Sachs Chief U.S. Equity Strategist David Kostin raises his year-end S&P 500 target to 4700, and the anchors chat about the highlights from Wednesday night's "Jeopardy!" episode featuring David as guest host. Jim caps the hour by interviewing Weber CEO Chris Scherzinger about the outdoor grill maker's IPO.
8/5/202143 minutes, 2 seconds
Episode Artwork

Markets and the "Delta Effect" on the Reopening Trade, Robinhood Soars for a Second Straight Day, SEC's Gensler on Meme Stocks, GM's Earnings Miss, and Faber Guest Hosts "Jeopardy!" - Episode Two.

Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at the markets and how the decline in yields is impacting big and small investors alike. Stocks that are part of the reopening trade in focus as the COVID Delta variant continues to spread and the pace of vaccinations is starting to rebound. Jim explains why he thinks "the 'I'm probably going to be okay thesis' is still playing out." Carl, Jim and David stayed on top of the moves in shares of Robinhood, extending Tuesday's rally and soaring more than 50-percent during the first half-hour of trading -- the stock was halted a number of times due to volatility. They also reacted to what SEC Chairman Gary Gensler told CNBC about the so-called "meme stocks": He said "the retail engagement is positive" but adds investors must be protected from fraud and manipulation. The anchors also engaged in a lighthearted discussion about the second episode of "Jeopardy!" with David as guest host: Highlights include Faber's exchange with the defending champion about where he might invest his winnings. The "Mad Dash" segment even included a twist on the "Daily Double." Also in focus: Earnings winners and losers including General Motors' profit miss and what CEO Mary Barra told CNBC about the chip shortage and her outlook for the second half of 2021. In the mix: The monthly ADP jobs report that surprised Wall Street, plus the antitrust enforcement fallout - what's at stake for companies involved in pending M&A deals?
8/4/202143 minutes, 43 seconds
Episode Artwork

Highlights of David Faber's "Jeopardy!" Guest Hosting Debut, China's "Spiritual Opium" Message Hits Tencent and Videogame Stocks, Alibaba's E-Commerce Growth Slowdown, COVID Spikes Hit the Reopening Trade, and Pepsi's $3.3B Juice Sale.

Carl Quintanilla, Jim Cramer and David Faber led off the program by talking about David's debut as guest host of "Jeopardy!" -- the first episode aired Monday. It was a fun discussion that went into everything from the highlights of the show to how social media reacted to David's performance. As for the markets, the anchors explored developments out of China that sparked regulatory fears: Shares of Tencent fell sharply -- dragging down several video gaming stocks around the globe -- after a Chinese state media outlet criticized online gaming as "spiritual opium." China’s Alibaba saw shares fall on a quarterly revenue miss as e-commerce growth slowed amid heightened competition. Also in focus: Clorox shares tumble on weaker-than-expected quarterly results, PepsiCo agrees to sell juice brands including Tropicana and Naked to a French private equity firm for $3.3 billion, Micron's first-ever dividend, media stocks under pressure, Florida's spike in COVID cases and what's at stake for Disney, and Reese Witherspoon agrees to sell her media company to a venture led by Blackstone for $900 million.
8/3/202144 minutes, 4 seconds
Episode Artwork

Countdown to David Faber's "Jeopardy!" Guest Hosting Debut, First Trading Day of August -- The S&P 500 Aims for a 7th Straight Month of Gains, The Reopening Trade vs. the Delta Variant, and Square Strikes a $29 Billion All-Stock Deal

Carl Quintanilla, Jim Cramer and David Faber highlighted the kickoff of David's week as guest host of the iconic game show "Jeopardy!" -- including a special Jeopardy!-inspired version of “The Mad Dash." The anchors took an in-depth look at what to expect from the markets in August as Wall Street enters the first trading day of the month, with the S&P 500 in the midst of a six-month win streak. The reopening trade a major part of the discussion as more companies require their employees to get vaccinated. The anchors also reacted to Dr. Anthony Fauci's comments about the spread of the COVID Delta variant and whether we could see further lockdowns in the future. On the M&A front: Square announcing its largest-ever acquisition -- the digital payments company agreeing to acquire Australia’s Afterpay for about $29-billion in stock. The CFO of Square and Co-CEO of Afterpay appeared on the program to talk about the deal and how it will help Square capitalize on the growing "buy now, pay later" trend. Also in focus: The debut of Disney's motion picture "Jungle Cruise" tops the weekend box office and gets a boost from streaming, plus stock winners and losers -- including Estee Lauder falling and Levi Strauss rising sharply in reaction to Wall Street analyst calls.
8/2/202143 minutes, 23 seconds
Episode Artwork

Last Trading Day of July, Amazon Slumps On a Revenue Miss, Day Two for Robinhood After a Rough Public Debut, Changes At the Top of P&G, Scarlett Johansson vs. Disney over "Black Widow", and He's Next Week's Guest Host of "Jeopardy!": Who Is David Faber?

On the final trading day of July, Carl Quintanilla, David Faber and Morgan Brennan led off a busy show with a closer look at Amazon: Shares tumbling in reaction to its first revenue miss since 2018. The anchors explored what the results mean for the company and other big tech names in the "trillion-dollar club." Cowen senior internet analyst John Blackledge joined the discussion and offered his take on what he sees ahead for Amazon's stock. Carl, David and Morgan followed up on Robinhood the morning after its public debut, which saw the stock close more than eight-percent below its IPO price. They also reacted to what Robinhood CEO Vlad Tenev told CNBC about its rough start on Wall Street, but the slump didn't stop ARK's Cathie Wood from buying more than $45-million in Robinhood stock. Earnings from the likes of Procter & Gamble, Caterpillar and oil giants Exxon Mobil and Chevron also in the spotlight, along with the news that P&G's David Taylor is stepping down as CEO. Also in focus: Disney fires back at Scarlett Johansson after the "Black Widow" star filed a lawsuit against the company for releasing the film on Disney+ and in theaters simultaneously, what to expect from stocks in August with the S&P 500 on track for a six-month win streak, SEC Chairman Gary Gensler seeking more disclosures from China-based companies looking to list in the U.S., and the CEO of a major commercial real estate firm weighs in on companies delaying return to work plans as the COVID Delta variant spreads. Plus, the anchors’ countdown to David Faber's week-long stint as guest host of "Jeopardy!"
7/30/202143 minutes, 13 seconds
Episode Artwork

Robinhood Goes Public With An IPO Valuing the Company at $32B, Facebook Slumps Despite a Q2 Beat, a Grand Jury indicts the founder of EV Maker Nikola, and the CEO of ServiceNow Talks Earnings and Outlook

Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look at a much-anticipated IPO: Online trading platform Robinhood going public after pricing shares at $38 each. That's at the low end of the expected range but values the company at about $32-billion. Goldman Sachs – one of the lead investment banks on the IPO -- had not fully allocated shares of Robinhood until shortly before the opening bell. The anchors explored what investors can expect and how to evaluate Robinhood's debut. On the earnings front, Facebook shares fell after the tech giant said revenue growth will slow during the second half of the year -- overshadowing better-than-expected quarterly results. Staying with tech: A federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud for making false and misleading statements to investors about the electric video startup. Also in focus: Ford shares rise after the automaker surprises Wall Street analysts by posting a quarterly profit, new record highs for stocks, and ServiceNow CEO Bill McDermott discusses his company's better-than-expected quarterly results – the workflow management software provider helped by a jump in subscription revenue.
7/29/202150 minutes, 13 seconds
Episode Artwork

Earnings Extravaganza: Reaction to Big Tech Results from Apple, Microsoft and Alphabet -- and Interviews With the CEOs of Boeing, AMD and Starbucks

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at a big morning full of earnings news, leading off with the numbers out of big tech: Apple shares fall as its warning about how the global chip shortage is impacting the company overshadowed a better-than-expected quarter. Two names saw their stocks rise: Google parent Alphabet beats the street, getting a lift from a surge in online ad spending, while Microsoft's better-than expected results were driven by growth in its cloud business. Three CEOs appeared on the program: Boeing CEO David Calhoun spoke about his company's surprise quarterly profit, a surge in commercial aircraft deliveries, resolving its jet issues and dealing with the COVID resurgence. AMD CEO Lisa Su discussed her company's stronger-than-expected results and how the chipmaker is navigating the global semiconductor shortage. Starbucks CEO Kevin Johnson outlined his company's earnings beat and sales that outpaced pre-pandemic levels -- though that news wasn't enough to prevent the stock from falling. He spoke about the outlook for Starbucks' business in China, the Delta variant and consumer trends which show cold drinks driving beverage sales. Also in focus: Earnings movers including McDonald's and Spotify, plus a countdown to the Fed's post-meeting statement -- what will policymakers say about inflation?
7/28/202143 minutes, 33 seconds
Episode Artwork

Big Earnings Tuesday, Tesla Beats the Street -- and Musk Takes Aim at Apple, Interviews with the CEOs of General Electric and Raytheon Technologies on Quarterly Results, and Chinese Tech Stocks Tumble on Beijing's Crackdown.

Carl Quintanilla, Jim Cramer and David Faber focused on a busy morning full of earnings news by highlighting Tesla's better-than-expected quarterly results. They discussed Elon Musk's message on chip shortages and what Jim would have liked to hear from Musk on Tesla's earnings call. The anchors also reacted to Musk's comment on the call in which he takes aim at Apple without mentioning the company by name. Shares of General Electric jumped on upbeat results and positive free cash flow for the second quarter. GE Chairman & CEO Larry Culp appeared on the program to discuss his company's numbers as well as the challenges posed by supply constraints. Raytheon Technologies Chairman & CEO Greg Hayes joined the show exclusively to discuss everything from his company's earnings and guidance to his outlook for business travel, in light of Raytheon's role as an aircraft engine maker. Also in focus: Earnings movers including UPS and 3M, Chinese tech stocks including Alibaba and Tencent extend losses as Beijing's regulatory crackdown intensifies, plus, inflation's effect on the homebuilding/home improvement stocks.
7/27/202144 minutes, 48 seconds
Episode Artwork

Tech Dominates a Big Week of Earnings, China Crackdown Effect on Stocks, and Is the Delta Variant About to Peak? On the Crypto Front: Tether Execs Said to Face Criminal Probe and Bitcoin Jumps to 6-Week Highs Amid Speculation About Amazon

With stocks having finished Friday's session at record closing highs, Carl Quintanilla and Jim Cramer looked at what to expect from the markets as we enter a big week full of earnings reports, with mega-cap tech names Apple, Amazon, Microsoft, Facebook and Alphabet leading the pack. U.S.-China talks on the front burner as a Beijing official blamed the Americans for a "stalemate" in relations -- while stocks of China-based companies take another hit as Beijing ramps up its regulatory crackdown on technology and education firms. Cramer says China is engaging in an "attack on the rich" and says "you don't want your money there, you want your money here" in the U.S. The reopening trade and continuing spread of the COVID-19 Delta variant also in the spotlight. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about the variant: He explained why he believes Delta could "plateau here in the United States" in the next two to three weeks. Carl and Jim also discussed a note out of Goldman Sachs Chief U.S. Equity Strategist David Kostin in which he sees the variant posing a "minimal risk to the U.S. equity markets." The anchors had lots of crypto news to highlight: A published report says a U.S. probe into Tether is homing in on whether executives behind the digital token committed bank fraud. Separately, Bitcoin hit a new six-week high and briefly passed $39,000 over the weekend -- with crypto rallying across the board, due in part to a report stating that Amazon is moving toward accepting Bitcoin for payment and is also considering the creation of its own digital token. Also in focus: Tesla as a China proxy ahead of its after-the-bell earnings report, Hasbro surging on better-than-expected quarterly results, and Norwegian Cruise Line sets sail for the first time since suspending cruising 500 days ago due to the pandemic.
7/26/202143 minutes, 4 seconds
Episode Artwork

Tech Earnings: Intel Slumps, Snap Soars and Twitter Flies High. Plus: Travel and the Consumer Lift American Express, Market Resilience vs. the Delta Variant and CDC Warnings, and a Another Setback for GM’s Chevy Bolt

With stocks aiming for a fourth straight day of gains after Monday's sell-off, Jim Cramer and Scott Wapner explored market reaction to lots of earnings news, especially in tech: Intel shares under pressure after issuing the company's forecast overshadowed better-than expected quarterly results, with the chipmaker saying the global semiconductor shortage could last well into 2023. The anchors compared the Dow component to rival chipmakers Nvidia and AMD -- and reacted to what Intel CEO Pat Gelsinger told CNBC about trying to overcome supply constraints. On the social media front, Snap shares posting a double-digit gain and Twitter also up sharply in reaction to upbeat quarterly results and guidance. The anchors highlighted the advertising revenue growth benefiting both Snap and Twitter -- and looked at what's at stake for big tech companies due out with earnings next week. Jim and Scott also took a closer look at why the markets are shrugging off warnings from the CDC about rising cases and deaths due to the COVID-19 Delta Variant. Also in focus: American Express' earnings beat helped by increased travel spending, Honeywell shares fall despite better-than-expected results and raised guidance, General Motors issuing a second recall of its Chevy Bolt electric vehicle due to fire risks, and Boston Beer -- home of the Samuel Adams brand -- tumbles after cutting its full-year outlook.
7/23/202143 minutes, 37 seconds
Episode Artwork

The Reopening Trade and the Delta Variant Effect, "Three-Day Corrections," Southwest Airlines CEO on Quarterly Results and Travel Demand, Dow CEO on Earnings and Supply Constraints, Musk Pulls for "Bitcoin to Succeed," and President Biden's Tech Perspective: What Salesforce CEO Marc Benioff Is Saying About It

Jim Cramer and Scott Wapner explored the recent market moves, the concept of the "three-day correction" and why in Jim's view, the S&P 500 is "done being slammed." Cramer also shared his perspective on the market coming to grips with the spread of the Delta Variant and the slowdown in COVID vaccinations, saying that unlike the herd immunity achieved following the pandemic of 1918-19, "we're going to have a brutal form of herd immunity and it's going to happen, as Dr. (Scott) Gottlieb said, in the next few months." The reopening trade in focus as airline stocks fall despite news of stronger-than-expected quarterly revenue from Southwest and American Airlines. Southwest Chairman & CEO Gary Kelly appeared on the program to discuss his company's quarter, the rebound in travel demand and navigating a labor shortage. The anchors also interviewed Dow CEO Jim Fitterling: The Dow component posting better-than-expected quarterly results and issuing upbeat guidance as it sees global economies improving in the second half of 2021. Also in focus: Elon Musk telling a crypto conference that he "would like to see Bitcoin succeed" and that Tesla would "most likely" accept Bitcoin for vehicle payments, Salesforce CEO Marc Benioff's comments to CNBC in reaction to what President Biden is saying about the tech industry, the road ahead for FAANG + Microsoft, the recent run-up in stay-at-home stocks, China reportedly weighing serious penalties for Didi just three weeks after its U.S. public debut, chip stocks and why Jim slammed Texas Instruments' handling of its earnings call as "ill-advised," and Goldman Sachs slaps Williams-Sonoma with a "sell" rating.
7/22/202143 minutes, 27 seconds
Episode Artwork

Stocks Erase Losses from Monday's Sell-off, Dow Components Join the Earnings Parade, Netflix's Subscriber Growth Slowdown, United Sees Profitablilty Ahead, J&J's COVID Vaccine Under Scrutiny, and Chipotle's Results Heat Up the Stock

Jim Cramer and David Faber took an in-depth look at a busy day for the markets with a slew of earnings reports in the mix -- as stocks recouped all of their losses from Monday's sell-off. Dow components Coca-Cola, Johnson & Johnson and Verizon all beating analyst expectations with their quarterly results, Netflix falling amid concerns about a slowdown in subscriber growth, and Chipotle shares up sharply on earnings, revenue and sales as indoor dining continues to rebound. The anchors reacted to what United Airlines CEO Scott Kirby told CNBC about the carrier's outlook: He's "confident" United will return to profitability in the third quarter. They also highlighted Capitol Hill's "bipartisan bailout" of the airlines during the pandemic, and the lessons to be learned as lawmakers negotiate a bipartisan infrastructure bill. Cramer sounds off about a new study that claims J&J's COVID vaccine is much less effective against the Delta and Lambda variants than against the original virus. Also in focus: Electric vehicle maker Lucid Motors and the Churchill Capital IV SPAC scramble for shareholder approval votes ahead of a key deadline, billionaire investor Leon Cooperman's bullish take on big tech and FAANG, AMC Entertainment CEO Adam Aron taking on the additional role of Chairman and what it could mean for the stock, what's ahead for GameStop in wake of Netflix's foray into video games, the stocks that are benefiting from investors pushing aside worries about the Delta Variant, and JPMorgan Chase awards Jamie Dimon a bonus aimed at keeping him as Chairman & CEO for several more years.
7/21/202143 minutes, 12 seconds
Episode Artwork

Jeff Bezos' Historic and Successful Space Flight, Markets the Morning After the Sell-Off, IBM's Earnings Lift, a Double Dose of Apple, and Bitcoin Back Below $30,000.

Jim Cramer and David Faber talk about the world's richest man making history: Amazon Executive Chair and Blue Origin Founder Jeff Bezos taking flight on Blue Origin's first human space launch, riding aboard the company's "New Shepard" rocket along with three astronauts. Morgan Brennan was on the ground in Texas as part of our live coverage. The mission was successful as the capsule landed safely. After touchdown, Bezos called it his "best day ever." David, Jim and Morgan discussed what it all means for the future of space tourism. As for stocks, Jim and David explored how investors should approach the market rebound after Monday's sell-off, which was the worst for the S&P 500 in two months -- plus a look at the ten-year note yield falling to lows not seen since February. They highlighted movers including IBM, which posted-better-than-expected quarterly results and its strongest revenue increase in three years. Also in focus: Capitalizing on the FAANG trade, reports that say Apple is pushing back its return to the office deadline by a month to October -- and that the company told real-estate developers it wants to lease a large production campus in Los Angeles for its growing entertainment operations, whether now's the time to buy Snap, plus Bitcoin falling below $30,000 for the first time in a month: What the SEC and regulation could mean for the future of cryptocurrency.
7/20/202150 minutes, 53 seconds
Episode Artwork

COVID Fears Spark Market Sell-Off, President Biden vs. Facebook on Vaccine Disinformation, Zoom's Biggest-Ever Acquisition, Ackman's SPAC Scraps Universal Music Deal, and IPO Watch: Robinhood Seeks $35B Valuation

Jim Cramer and David Faber began the new trading week with an in-depth look at the market sell-off, as investors focus on the spreading of the COVID-19 Delta Variant and the rate of vaccinations falling. The reopening trade -- including cruise line and airline stocks -- taking a hit, while the 10-year note yield falls to fresh five-month lows. Cramer explains why be believes the FAANG stocks are the key to this market: "Once FAANG has rolled over, then you can buy." Jim and David reacted to President Biden's "They're killing people" comment that slammed Facebook and social media for their handling of vaccine disinformation on their platforms -- and Facebook striking back at the White House with a response. The anchors also discussed former FDA Commissioner Dr. Scott Gottlieb telling CNBC that Facebook must do more to control misinformation. On the M&A and "stay-at-home" stocks front, the anchors discussed Zoom Video's biggest-ever acquisition: The company agreeing to buy cloud-based call center operator "Five9" in a $14.7-billion all-stock deal. On the flip side, billionaire investor Bill Ackman's "Pershing Square Tontine Holdings" SPAC dropped plans to buy a 10% stake in Vivendi's Universal Music Group worth $4-billion. Instead, Ackman plans to acquire the stake through his Pershing Square hedge fund. The anchors reacted to Ackman telling CNBC the SEC's view of the deal was a "dagger in the heart of the transaction." New details about Robinhood's upcoming IPO: In a regulatory filing, the trading platform says it anticipates offering 55 million shares at a price between $38 and $42 per share -- aiming for a valuation of up to $35-billion. Also in focus: Duke Energy's management under scrutiny from hedge fund Elliott Management, plus Dish Network and AT&T enter into a ten-year network services deal.
7/19/202143 minutes, 25 seconds
Episode Artwork

Wrapping Up a Market Week: Gains Amid a "Stealth Correction", Yellen's View on Inflation, Intel Poised for Its Biggest Deal Ever?, Cruise Stocks Get a Much Needed Canada Boost, The Return of the L.A. County Indoor Mask Mandate, Moderna's S&P 500 "Booster", and June Retail Sales Beat Forecasts

David Faber, Leslie Picker and Mike Santoli kicked off the show with look at the markets as the Dow aims to post a fourth straight weekly gain. They focused on what you should make of the "stealth correction", featuring some of the areas in the underlying market that have experienced "pain" this week, reflected in groups such as oil services (OIH) and biotech (XBI) as well as the Russell 2000. Banks and yields also in focus with earnings and Fed news dominating the week. The anchors reacted to what Treasury Secretary Janet Yellen told CNBC about expecting "several more months of rapid inflation" before it declines "back toward normal levels" -- plus "Bond King" Jeffrey Gundlach saying stocks still remain cheap compared to bonds. On the M&A front, the anchors discussed that Intel is reportedly in talks to acquire chipmaker GlobalFoundries for about $30-billion, which would be Intel's largest acquisition ever. Cruise ships also in the spotlight: Canada announcing it will allow cruises to resume in November if certain health guidelines are met. The anchors engaged in a roundtable discussion with analysts who cover the cruise lines, whose shares are among the worst performers on the S&P 500 this month. Also in focus: Los Angeles County to resume indoor mask mandates as the COVID-19 Delta Variant continues to spread, Moderna shares surging on news it will be added to the S&P 500, Didi slumps again on new developments surrounding a Chinese cybersecurity probe, June retail sales come in better than expected, investors flocking toward big tech, and Apple employees reportedly saying the company is cracking down on remote work.
7/16/202143 minutes, 54 seconds
Episode Artwork

Powell Testimony Day 2, Morgan Stanley Caps Big Bank Earnings, Markets & the Delta Variant Factor, Cathie Wood's "Risk-off" Message, Plus an Exclusive: Mark Wahlberg and the CEO of "F45 Training" on Taking the Fitness Chain Public

Carl Quintanilla, Jim Cramer and David Faber took a closer look at the markets ahead of Fed Chair Jerome Powell's second day of testimony to Capitol Hill lawmakers -- this time before the Senate Banking Committee. The anchors explored the impact of the COVID-19 Delta Variant on stocks as vaccinations slow down. They also discussed better-than-expected earnings from Morgan Stanley, the last major bank to report earnings this week. ARK Invest's Cathie Wood also in the spotlight: Carl, David and Jim reacted to what she told CNBC about her growth strategy and that she thinks we are in a "risk-off period." On the IPO front: "F45 Training" -- a fitness chain backed by actor Mark Wahlberg -- at the NYSE for its Wall Street debut. Wahlberg and F45 Founder and CEO Adam Gilchrist explained to the anchors why the company's going public now. Wahlberg also weighed in on the streaming landscape as movie theaters try to rebound from the pandemic. Also in focus: The chips trade including Taiwan Semiconductor, General Motors telling some owners of previously recalled Bolt EVs to park outside after Bolts that had been repaired caught fire, "Meme Stock Madness" as AMC Entertainment tries to reverse its recent stock slump, and Blackstone enters a deal to manage AIG's insurance and housing assets.
7/15/202140 minutes, 40 seconds
Episode Artwork

Bank Earnings Parade Day 2, Waiting For Powell's Testimony, Cathie Wood's Warning on Chinese Stocks, Good News for the Airlines, The FAANG trade & the FTC, and Record Highs for Apple and the S&P 500

Carl Quintanilla, Jim Cramer and David Faber took a deep dive into the latest batch of bank earnings: Bank of America beat on the bottom line but missed on revenues, while Citigroup and Wells Fargo each posted better-than-expected quarterly results. Asset management giant BlackRock also beat the street. The anchors reacted to what BlackRock CEO Larry Fink told CNBC about his expectations for the market amid inflation fears and worries about the recent spread of COVID-19's Delta Variant. They also discussed Fed Chair Powell's prepared remarks ahead of his Capitol Hill testimony -- that say inflation will likely remain high in the coming months. Chinese stock volatility in focus: Ark Invest's Cathie Wood is warning investors that major Chinese companies are losing value amid Beijing's anti-monopoly and data security crackdown. A good morning for airline stocks: American said it expects to report positive cash flow for the second quarter, while Delta posted better-than-expected quarterly results and what it calls a "solid" pre-tax profit for the month of June. The anchors reacted to Delta CEO Ed Bastian telling CNBC he expects "solid profitability" in the current quarter and beyond as the consumer drives the carrier’s recovery. Apple hits a new record high: The company reportedly asking suppliers to build as many as 90 million next-generation iPhones. Also in focus: A new record high for the S&P 500, how to play FAANG and Microsoft as new FTC Chair Lina Khan looks to rein in big tech, and on the SPAC front -- the SEC charges Momentus and Stable Road for "misleading disclosures" ahead of their proposed business combination.
7/14/202143 minutes, 35 seconds
Episode Artwork

Big Banks Kick Off Earnings Season, Hot CPI and Playing the Inflation Trade, Not a "Dream" Day for Boeing, The FDA Slaps a Warning on J&J's COVID Vaccine, and Cramer's Message to Investors on AMC Entertainment

After a record-setting week for stocks, Carl Quintanilla, Jim Cramer and David Faber led off the show with a closer look at better-than-expected quarterly results from JPMorgan Chase and Goldman Sachs, marking the beginning of earnings season. Highlights include comparing both companies' investment banking results, Goldman's return on equity hitting double-digits and strength in asset management, and JPM CEO Jamie Dimon’s comments on reserve releases and the strength of the American consumer. The anchors also discussed June CPI coming in hotter than expected, up 0.9% for the month and surging 5.4% from a year ago -- the largest jump since 2008 -- and where earnings from PepsiCo and Conagra fit into the inflation trade. Boeing under pressure after announcing plans to cut back 787 Dreamliner production due to a structural issue. Cramer asks what it's going to take for Boeing CEO David Calhoun to stop the company's "endless stream of bad news." Johnson & Johnson also in the spotlight after the FDA announced it is adding a warning to J&J's COVID-19 vaccine to warn of a very small incidence of the rare neurological disorder known as Guillain-Barre syndrome. The anchors reacted to Dr. Anthony Fauci's comments to CNBC in which he defends the vaccines that have received emergency use authorization, calling them "highly effective." Also in focus: The best ways to play the semiconductor sector now, retail and mall stocks amid rising inflation, and Cramer on how investors in AMC Entertainment should manage the stock's recent decline. The anchors also reacted to comments Goldman Sachs CEO David Solomon made on his company's earnings call: He expressed concerns about the prospect of a pandemic resurgence.
7/13/202143 minutes, 38 seconds
Episode Artwork

New Record Highs, China’s Continued Crackdown, Branson Blasts Off

Carl Quintanilla, Jim Cramer and David Faber began with a closer look at China’s continued crackdown, with a new Wall Street Journal article reporting that TikTok owner ByteDance shelved its IPO plans after receiving a warning from government officials. The social-media giant was last valued at $180 billion. Plus, Sir Richard Branson won the billionaire space race, following Virgin Galactic’s successful flight over the weekend. Our Morgan Brennan was live from New Mexico and caught up with the billionaire founder. And, the Nasdaq and S&P notched new record highs ahead of a busy week of earnings. JPMorgan and Goldman Sachs both set to report tomorrow morning before the opening bell.
7/12/202144 minutes, 8 seconds
Episode Artwork

Squawk on the Street - July 09, 2021

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
7/9/202143 minutes, 13 seconds
Episode Artwork

Stocks Sell Off, Cramer’s Second Half Themes, State AGs Sue Google

David Faber and Jim Cramer begin with the market sell-off, with the Nasdaq on pace for its worst week since mid-May. Cramer outlines his 7 market themes to watch for in the second half of the year. The anchors also discuss attorneys general from 36 states and the District of Columbia bringing a new antitrust suit against Google over its mobile app store. Cramer believes this could be a threat to the stock, but not the business. And, one of the nation’s largest banks, Citigroup, says it expects most U.S. and U.K. workers to return to office by September, but is that too optimistic?
7/8/202143 minutes, 3 seconds
Episode Artwork

Squawk on the Street - July 07, 2021

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
7/7/202143 minutes, 19 seconds
Episode Artwork

China vs. Big Business?, Oil Surges, Biggest Ransomware Attack, Return to Work, Nextdoor CEO

David Faber & Jim Cramer breakdown China’s moves against Didi as the stock gets hammered. A new report out of the Journal saying Chinese regulators suggested Didi delay it’s U.S. IPO. Plus, inside OPEC+, David & Jim discuss the massive move in oil prices as OPEC+ cancels its meeting. Retail investors watching AMC after its CEO Adam Aron announced it will not seek approval for its proposed 25 million share increase. Plus, it’s the largest ransomware attack on record, as hackers demand $70 million. David looks towards JPMorgan’s return to work and the future of Wall Street. Nextdoor announcing it’s going public through a merger with Khosla Ventures. The CEO of Nextdoor, Sarah Friar, and Khosla Ventures, Vinod Khosla, join Jim and David to discuss the deal & future of the company.
7/6/202143 minutes, 46 seconds
Episode Artwork

June Jobs Report Beats Expectations, Virgin Galactic CEO on Sending Branson to Space Before Bezos, Amazon's CEO Transition from Bezos to Jassy, Didi Tumbles on China Cybersecurity Probe, and Robinhood's IPO Plans

David Faber, Morgan Brennan and Mike Santoli led off the show with the top story of the morning: The June jobs report showing non-farm payrolls up a better-than-expected 850,000 with an unemployment rate of 5.9-percent. The news helping to lift both the S&P 500 and Nasdaq to fresh record intraday highs. The anchors explored the markets' reaction in a roundtable discussion with the Chief Global Strategist at J.P. Morgan Asset Management and the Chief Investment Officer at Citi Global Wealth. Shares of Virgin Galactic soared after the company announced founder Sir Richard Branson plans to be aboard a Virgin space flight currently scheduled for July 11. The flight would be nine days before a scheduled Blue Origin flight would take that company's founder Jeff Bezos into space. Virgin Galactic CEO Michael Colglazier appeared on the program to discuss Branson and the race to space. Speaking of Jeff Bezos, he is stepping down as Amazon CEO and will be succeeded by AWS chief Andy Jassy July 5. Deirdre Bosa looked at what to expect from "The Jassy Era" at Amazon. The anchors also discussed a rough day for Chinese ride-hailing giant Didi: The stock tumbling after the China Cyberspace Administration said it will conduct a cybersecurity investigation on the ride-hailing service – news of the probe coming two days after Didi's Wall Street debut. Also on the IPO radar: Stock-trading app Robinhood announcing plans to go public. Will it become a meme stock?
7/2/202143 minutes, 47 seconds
Episode Artwork

Kicking Off the 2nd Half With a New Record High, "Don't Get Bored With The Rally", Micron's Chips and a Dip, Amazon vs. the New FTC Chair, A Warning from China's President Xi, and Spicing Things Up At Home: An Exclusive with the CEO of McCormick

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at what to expect from the markets in the second half, with the S&P 500 hitting a new record high after jumping more than 14% in the first half. Cramer says "don't get bored with the rally" and talks about where to find opportunity. The anchors also discussed the road ahead for the chip sector after Micron shares fell despite better-than-expected quarterly results and upbeat guidance. Big tech fires back: Amazon calls on the FTC to recuse its new chair Lina Khan from antitrust investigations involving the company, citing her past comments including calling for the breakup of Amazon. Carl, Jim and David also reacted to China's President Xi taking a hard line against foreign interference in a speech from Tiananmen Square marking the Chinese Communist Party's 100th anniversary. Xi said China "won't allow any foreign force to bully or oppress" the country -- and that "anyone who dares try to do that will have their heads bashed bloody against the great wall of steel forged by over 1.4 billion Chinese people." The CEO of spice maker McCormick joined the program to discuss his company's earnings and how it continues to benefit from cooking from home trends since the pandemic began. Also in focus: Hedge fund Elliott Management calls for changes at GlaxoSmithKline, and Landry's CEO Tilman Fertitta amends a SPAC deal.
7/1/202143 minutes, 24 seconds
Episode Artwork

The Last Trading Day of a Bullish First Half, China's Didi Leads the IPO Parade, Apple vs. Employees on Work-From-Home, Revising a "Momentus" SPAC deal, and Biden vs. Big Business?

Carl Quintanilla, Jim Cramer and David Faber explored the road ahead for stocks on the final trading day of the month, quarter and first half of the year -- the S&P 500 on track for its best 1H since 2019. Cramer explains why he prefers semiconductor stocks such as Nvidia and AMD over the FAANG names. The anchors also took a deep dive into the energy stocks that are soaring so far this year. A busy day for IPOs also in focus: Wall Street debuts led by Didi -- the Chinese ride-hailing giant and rival to Uber and Lyft -- which priced its offering at $14 per share, raising $4.4-billion. Identity verification platform CLEAR Secure, cybersecurity firm SentinelOne and LegalZoom also making their public debuts. Also in focus: A report which says Apple won't back down from its hybrid work model despite employees asking to be fully remote. The Biden Administration said to be considering an executive order aimed at reining in the power of big business, ESG and the Exxon Mobil proxy fight, A strong morning for retailers such as Walmart and Bed Bath and Beyond, and in-space transportation company Momentus has its valuation slashed in a revised SPAC deal.
6/30/202144 minutes, 39 seconds
Episode Artwork

Facebook Joins the Trillion-Dollar Club, Cathie Wood Creating a Bitcoin ETF, Big Banks Paying Dividends and Sparking New Record Highs for the Stock Market, United's Biggest Order Ever, and Wall Street's Calls Include a Tesla Price Target Cut.

Carl Quintanilla, Jim Cramer and David Faber led the show with a look at Facebook, which on Monday closed above $1-trillion in market value for the first time after a federal court dismissed FTC and state antitrust cases against the company. The anchors explored the challenges facing new FTC Chair Lina Khan as she looks to rein in big tech's dominance. They also discussed ARK Invest's Cathie Wood’s tech investment strategy and her plan to create a bitcoin ETF, plus Tesla shares falling after UBS cut its price target for the stock to $600 from $730. Big banks propelled the S&P 500 and Nasdaq to new record intraday highs after most of them raised their dividends just days after passing the Fed's stress tests. United Airlines making news after announcing its biggest order ever: 270 Boeing and Airbus jets. The anchors reacted to what United CEO Scott Kirby told CNBC about why such an order was necessary. Also in focus, Nvidia's $500-million market cap, stock-moving Wall Street calls on the likes of Biogen, FedEx, Textron and CNBC parent Comcast, Uber reportedly will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, and Cramer saying many investors and strategists who have been betting against the Biden presidency are experiencing "seller's remorse."
6/29/202143 minutes, 39 seconds
Episode Artwork

Record Run for S&P 500 and Nasdaq Rolls On, How to Play the "Buoyant Markets", Potential Setback for Boeing, The "CRISPR Rally", AMC's Bullishness At The Box Office, and Cramer's Upbeat Call on Nvidia

Carl Quintanilla, Jim Cramer and David Faber explored the road ahead for stocks on a day in which the S&P 500 and Nasdaq each hit fresh record intraday highs. Cramer says "this is one of the more buoyant markets I've ever seen". He explains why this is the case and outlines his upside case for names such as FedEx, Darden Restaurants and Nike. The anchors also reacted to Goldman Sachs' note on inflation and supply chain disruptions. Boeing under pressure after the FAA informed the jet maker it is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. The anchors also took a closer look at the "CRISPR rally": Shares of Intellia Therapeutics and other gene-editing firms soaring after the company and its partner Regeneron announced positive results in a phase 1 study of a gene-editing treatment for a genetic nerve disorder. Also on the biotech front: Capitol Hill lawmakers announced an investigation into the approval and pricing of Biogen's Alzheimer's drug. Also in focus: How Virgin Galactic shares are trading after soaring 39% on Friday, AMC Theatres announced its busiest weekend at the box office since the pandemic, Universal Pictures' "F9" topped the weekend box office with $70 million in North American ticket sales -- the biggest debut for any movie since the pandemic began (Universal is owned by CNBC parent Comcast), UBS to allow hybrid working arrangements for many of its employees, Nvidia reportedly receiving support for its planned $40 billion takeover of ARM from some of the UK chip maker’s major customers. Cramer explains why he sees Nvidia shares jumping to the $900 mark.
6/28/202143 minutes, 47 seconds
Episode Artwork

Bipartisan Infrastructure Deal Boosts Markets' Record Run, Cramer's "Jailbreak Stocks", Nike Soars, FedEx Slumps, Starbucks CEO on Supply Chain Issues, Microsoft at $2T and Beyond, Bank Stocks React to Stress Test Results, and the Week in SPACs

Carl Quintanilla, Jim Cramer and David Faber discussed the S&P 500 hitting a fresh record high: Stocks extending their rally on Thursday's news of a bipartisan infrastructure deal. Cramer highlighted his list of ten "Jailbreak Stocks" -- including Wells Fargo, Tesla and Caterpillar -- that he said benefited from the news out of the White House. On the earnings front: Nike soars after the Dow component posted a better-than-expected quarterly profit, with sales topping $12-billion for the first time. On the flip side, FedEx shares in the red despite record fiscal Q4 results driven by pandemic volume. The anchors reacted to what Starbucks CEO Kevin Johnson told CNBC about how his company is navigating supply chain issues and insisting there is no cup shortage at Starbucks. Also in focus: What's next for Microsoft one day after it closed with a $2-trillion market cap for the first time, banks passing the Fed's stress tests and how their stocks are reacting to that news, and a busy week for SPAC deals.
6/25/202143 minutes, 31 seconds
Episode Artwork

Record Highs for the S&P 500 & Nasdaq, What Comcast Is Calling "Pure Speculation", A "Breakthrough" for Eli Lilly, and Southwest's Gary Kelly on Stepping Down as CEO

Carl Quintanilla, Jim Cramer and David Faber explored the road ahead for stocks with the S&P 500 and Nasdaq hitting new intraday record highs. Media news also on the front burner: CNBC parent Comcast calls "pure speculation" a Wall Street Journal report which states the company is considering ideas including a potential tie-up with ViacomCBS or an acquisition of Roku. The anchors also discussed a big development for Eli Lilly: Shares surging after the company announced it has received and FDA breakthrough therapy designation for its Alzheimer's treatment. Southwest Airlines Chairman and outgoing CEO Gary Kelly joined the program to discuss stepping down from the top job in 2022, the future for the airline and post-pandemic travel, and Southwest's relationship with Boeing. Kelly will be taking on the role of Executive Chairman at Southwest. Also in focus: JPMorgan Chase requiring employees to report their COVID vaccination status to help the bank prepare for workers returning to the office, and BuzzFeed announcing a deal to go public via a SPAC merger.
6/24/202143 minutes, 41 seconds
Episode Artwork

Big Tech In the Capitol Hill Crosshairs -- Cramer Speaks out, Microsoft Joins the $2T Club, Powell Calms the Markets, Southwest's Kelly to Step Down As CEO, Morgan Stanley's Message to Unvaccinated Employees, Buffett Makes a $4.1B Philanthropic Donation and Resigns from the Gates Foundation, plus Bitcoin Bounces Back

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a closer look at big tech under fire: The House Judiciary Committee set for a markup of antitrust bills which include legislation aimed at breaking up tech giants. Apple among the companies firing back at Congress -- The New York Times reporting Tim Cook called House Speaker Nancy Pelosi and other lawmakers urging them to scrap the bills, saying they would crimp innovation and hurt consumers. The anchors delved into the push to break up big tech and what that could mean for investors and M&A. Cramer explains why he thinks the Biden Administration "is against stocks, it's against capital formation, it's against risk capital". Speaking of big tech, Microsoft becomes the second company besides Apple to reach $2-trillion in market value. The Fed also in the spotlight: The anchors reacted to what Fed Chair Powell said on Capitol Hill Tuesday -- that it's "very, very unlikely" the U.S. will see 1970s-style inflation. Big news in the airline industry: Southwest announcing Gary Kelly will step down as CEO in 2022. Warren Buffett says he's halfway toward donating about 99% of his net worth to philanthropy, delivering another $4.1-billion in Berkshire Hathaway stock -- but added he is resigning as a trustee of the Bill and Melinda Gates Foundation. The anchors reacted to what Buffett said about philanthropy and taxing the wealthy. Also in focus: Morgan Stanley tells employees who haven’t taken the COVID vaccine that they won't be allowed back in some New York offices effective July 12, SPACs and Cathie Wood's bets, and Bitcoin rebounds after tumbling below $30,000 on Tuesday.
6/23/202145 minutes, 32 seconds
Episode Artwork

Morning After a Big Stock Market Rebound: Chair Powell Capitol Hill Testimony Preview, GameStop Surges, Bitcoin Slides Below $30K, EU Antitrust Probe Targets Google, Update on the White House's July 4 Vaccination Goal, and the Latest Company to Move Its HQ out of NYC

Carl Quintanilla, Jim Cramer and David Faber explored what's in store for the markets after Monday's big rally erased losses from Friday's sell-off. What should investors make of the rebound? Especially as Wall Street braces for Fed Chair Powell's Tuesday testimony on Capitol Hill before a House panel. The anchors also took a closer look at GameStop -- shares surging after it had announced completion of its previously announced sale of 5 million common shares, raising more than $1.1-billion. Breaking news in the mix: The Biden Administration to acknowledge it is not on track to reach its goal of at least 70% of U.S. adults having at least one shot of the COVID vaccine by July 4. Carl, Jim and David also discussed the EU opening a formal antitrust probe of Alphabet unit Google’s digital ad practices -- and what regulators going after big tech could mean for the FAANG stocks. More woes for crypto: Bitcoin slumps to a January low below $30,000, as China orders its banks to crack down even harder on crypto trading. Also in focus: U.S.-China relations and their effect on markets, Reddit-fueled stocks on the move, why Cramer's charitable trust closed out of Disney, Blackstone's $6-billion real estate/rental deal, and Philip Morris International's decision to move its corporate headquarters from New York City to Connecticut.
6/22/202143 minutes, 9 seconds
Episode Artwork

Crypto Crumbles as China's Crackdown Intensifies, Markets Rebounding after Friday's Sell-off, The SEC's Push for Climate Risk Disclosure, AMC Keeps Riding the Meme Stocks Wave, and Rivals take on Amazon As "Prime Day" Gets Underway

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at cryptocurrencies under pressure amid an expansion of China's crackdown on Bitcoin mining -- the newest steps resulting in a shutdown of about 90-percent of China's Bitcoin mining capacity. That news also weighing on shares of MicroStrategy and Coinbase. The anchors reacted to what the CEO of MicroStrategy told CNBC about the company's Bitcoin investing strategy. They also discussed the stock market's rebound after Friday's sell-off, which was sparked by comments St. Louis Fed President James Bullard made on CNBC about inflation and the road ahead for rate hikes. On the regulatory front, the anchors engaged in a wide-ranging discussion about a report in The Wall Street Journal, which says the SEC is preparing to require public companies to disclose more information about how they respond to threats linked to climate change -- and that businesses are gearing up for a fight. Also in focus: Amazon's two-day "Prime Day" gets underway and its rivals roll out their own deals for consumers, the "meme stocks madness" with shares of AMC more than doubling since the beginning of the month, big media companies such as Disney and the challenges they face when it comes to streaming and content costs, L Brands shares continue to rally -- the company files registration on a split of Victoria's Secret and Bath and Body Works, Pershing Square Tontine -- a SPAC controlled by billionaire investor Bill Ackman -- finalized a deal to buy a 10% stake in Universal Music Group from Vivendi valued at about $40-billion, and American Airlines will cut planned flights for the first half of July by about 950 flights, or 1%, due to staffing shortages and other issues as it deals with the sharp rebound in travel demand.
6/21/202144 minutes, 15 seconds
Episode Artwork

Fed Effect: Market Slumps After Bullard's Comments to CNBC -- What Should Investors Do Now? Plus: Meme Stocks and How Retail Investors Continue to Upend the Financial Markets, and Capitalizing on Tech -- from FAANG to the Chips

Jim Cramer and Scott Wapner led off with the big story of the morning that sparked a market sell-off: St. Louis Federal Reserve President James Bullard telling CNBC there is "more inflation than we were expecting and I think it’s natural that we’ve tilted a little bit more hawkish here to contain inflationary pressures." Bullard also said economic growth has exceeded projections and that he sees an initial rate increase in late 2022. Jim and Scott discussed the market reaction to Bullard's remarks and what, if anything, investors should do now. They also explored this week's pullback in commodities prices -- especially lumber, copper, gold and corn -- and whether Fed Chair Powell's assessment of commodities inflation is on target. When the conversation turned to meme stocks including AMC and GameStop, the anchors weighed in on a Wall Street Journal article describing how amateur investors are upending the financial markets. Also in focus: How to play big tech, FAANG and the chip stocks in this environment, Adobe rising on better-than-expected results and guidance, and why Apple is the Dow's best performer this week.
6/18/202143 minutes, 20 seconds
Episode Artwork

Morning After the Fed Decision -- Billionaire Investor David Tepper's Message on the Fed and the Road Ahead for Stocks, Mark Cuban on Crypto Crash: "I Got Hit", and An Exclusive With the CEO of Lockheed Martin

One day after the Fed raised its expectations for inflation and indicated rate hikes could come as soon as 2023, Jim Cramer and Scott Wapner weighed in on reaction to that news, especially from billionaire investor and Appaloosa Management chief David Tepper. Wapner says Tepper told him the "Fed did a good job" and that its approach shows policymakers are not asleep at the wheel. Tepper also told Scott that he thinks "the stock market is still fine for right now." The anchors also discussed Mark Cuban's claim in a tweet that he took a "hit" from a cryptocurrency crash involving the Iron Titanium token also known as TITAN, which plummeted from over $60 Wednesday to a fraction above zero early Thursday morning. Lockheed Martin CEO Jim Taiclet joined the program exclusively -- marking one year on the job as head of the world's largest defense contractor. He discussed what the geopolitics landscape means for the aerospace/defense industry and how 5G is playing a big role in his company's growth strategy. Also in focus: What Intel CEO Pat Gelsinger said during the CNBC Evolve Global Summit about chips and supply chains, Kroger's earnings and what the CEO of supermarket rival Albertsons told CNBC about the state of the consumer, and Bob Chapek's stewardship as CEO of Disney -- as J.P. Morgan reiterates an "Overweight" rating on the stock.
6/17/202145 minutes
Episode Artwork

Investors Brace For The Fed's Big Announcement, Exclusive With GM CEO Mary Barra, IMF Chief and the Novartis CEO at CNBC’s Evolve Global Summit, Cathie Wood Bets on DraftKings, and the New FTC Chair vs. Big Tech

Jim Cramer and Scott Wapner led off the show by previewing the big event of the day for investors: After wrapping up a two-day meeting, The Fed set to issue its policy statement -- the watch is on to see what Chair Powell and fellow policymakers will say about their approach to inflation. General Motors announcing the automaker is boosting its global spending on electric and autonomous vehicles by 30-percent, totaling $35-billion through 2025. GM Chairman and CEO Mary Barra joined the program exclusively to talk about the company's E-V strategy and updated guidance. The anchors reacted to comments from heavy hitters at the CNBC Evolve Global Summit: The head of the IMF shared her take on supply chains and the global economy -- and the CEO of Novartis spoke on health care and helping to produce COVID vaccines in a post-pandemic world. Also in focus: Oracle shares slumping despite better-than-expected quarterly results, ARK Invest's Cathie Wood buys $42-million in DraftKings after the stock took a hit Tuesday on a short-seller report, and big tech critic Lina Khan named Federal Trade Commission Chair -- the anchors explored how far she might go to push for a breakup of companies such as Facebook and Amazon, and what that could mean for FAANG stocks.
6/16/202146 minutes, 27 seconds
Episode Artwork

Inflation Heats Up and Retail Sales Disappoint As the Fed Kicks Off a Pivotal Meeting, Is The Meme Stocks Rally "A Recipe For Disaster"?, a Bet Against DraftKings Sends the Stock Tumbling, Plus a New Record High for the S&P 500

Jim Cramer and Scott Wapner led off the show with a look at key inflation and retail data on day one of what some are saying is the most important Fed meeting of Chair Jerome Powell's tenure. The Producer Price index for May coming in hotter than expected and retail sales showing a bigger than expected decline. The anchors looked at what it all means for the markets and Wednesday's much-anticipated Fed statement -- how will policymakers tackle inflation? Jim and Scott also reacted to JPMorgan Chase CEO Jaime Dimon saying the bank is hoarding cash because there's a "very good chance" inflation is here to stay -- and American Express CEO Steve Squeri telling CNBC why he's bullish on the American consumer when it comes to spending and the recovery. The meme stocks also in the spotlight: AMC Entertainment extending its rally after soaring 33-percent over the last two session, with Petco jumping into fray after surging 18-percent on Monday. The anchors engaged in a wide-ranging discussion about comments Morgan Stanley CEO James Gorman made on CNBC -- he said he believes this year's big rally in meme stocks could be "a recipe for disaster." Also in focus: A new record high for the S&P 500, DraftKings shares tumble after Hindenburg Research announces it a taken a short position, The U.S. and EU announced a resolution of the 17-year dispute over aircraft subsidies involving Boeing and European rival Airbus, and Jamie Dimon speaks out about Jack Dorsey's Square.
6/15/202142 minutes, 44 seconds
Episode Artwork

Paul Tudor Jones' Message for the Fed and Take on Inflation and Crypto, The "Musk Tweet Effect" Moves Bitcoin Again, Shakeup At Lordstown Motors Sends the Stock Tumbling, and what's next for FAANG stocks: Is the Tech Trade Coming Back?

Jim Cramer and Scott Wapner kicked off the show by reacting to various comments legendary trader Paul Tudor Jones made to CNBC. Among them: This week’s Fed meeting is the most important of Jay Powell’s tenure, it's dangerous to say inflation is transitory, and if the Fed doesn't make an immediate "course correction" he's going to bet heavily on the inflation trade -- commodities, gold and crypto. Speaking of crypto, Bitcoin getting a lift after Elon Musk tweeted on Sunday that Tesla may resume accepting the cryptocurrency if 50 percent or more of so-called "bitcoin miners" use clean energy. The anchors also discussed the shakeup at Lordstown Motors: Shares of the electric truck maker tumbling after it announced both its CEO and CFO have resigned. Also in focus – a deep dive into the inflation trade: Chipotle gets a Wall Street upgrade after announcing price and wage hikes, autos and the chip shortage, and why FAANG names and other tech stocks may be ripe for buying.
6/14/202143 minutes, 40 seconds
Episode Artwork

What Inflation? The S&P's Record Run and Wild Week for the "Meme Stocks", COVID and Cruise Blues for Royal Caribbean, What's Behind SPACs' Upward Momentum, A Chinese Rival to Uber Revs Up IPO Plans, And Biogen Extends Red-Hot Rally on Alzheimer's Drug Approval

The morning after the S&P 500 posted a record closing high and shrugged off inflation fears, Carl Quintanilla, Jim Cramer and David Faber looked at what's next for the historic run-up in stocks and the "meme stock madness" -- as well as why investors have refused to "get out of growth" names such as Caterpillar and Amazon despite the jump in CPI and the fall in bond yields. On the flip side, shares of Royal Caribbean and other cruise stocks took a hit after the company's Celebrity Cruises division announced that two passengers tested positive for COVID-19 on its "Celebrity Millennium" ship. After a double-digit percentage gain for the CNBC SPAC Post-Deal Index over the past month, David took an in-depth look at what's sparking SPAC performance and upward momentum. On the cyberthreat front, McDonald's says a data breach in South Korea and Taiwan has exposed some customer and employee information. Speaking of Asia, Chinese ride-hailing giant "Didi Chuxing" has made its U.S. IPO filing public -- reports say it may raise about $10-billion and be valued at close to $100-billion. Also in focus: Biogen continues to rally on FDA approval of its Alzheimer's drug, why it's been such a strong week for shares of Amazon, a tough day for Snowflake's stock, a upbeat Wall Street call on Zoom Video, and why Cramer tweeted about billionaire surtaxes.
6/11/202143 minutes, 34 seconds
Episode Artwork

Retail Runaways, GameStop Revamp, United’s Possible Big Order

Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers of the morning. Including RH, after reporting adjusted quarterly profit and revenue that beat the street. The home furnishing retailer formerly known as Restoration Hardware also raising its full-year outlook. Plus, Signet Jewelers also skyrocketing after trouncing a $1.27 consensus estimate with adjusted quarterly earnings of $2.23 per share. The jewelry retailer’s revenue also beat estimates as same-store sales more than doubled from a year earlier, and Signet also raised its full year revenue forecast. Plus, Carl, Jim and David discuss the big revamp at GameStop. The company changing up its executive suite by hiring two former Amazon executives to top positions, with Matt Furlong named CEO and Mike Recupero tapped as Chief Financial Officer. Additionally, the company reported better than expected quarterly results, and said the SEC was seeking information on the recent trading frenzy in its stock. GameStop, also said it may sell 5 million additional shares from time to time. Plus, a report that United is in advanced talks to buy at least 100 Boeing 737 Max jets.
6/10/202143 minutes, 26 seconds
Episode Artwork

Meme Stocks Rollercoaster: Clover Health Continues to Surge While Wendy's Slumps, The U.S. Has a $250B Answer to China, The IRS Investigates Release of Wealthy Americans' Tax Information, Yields Fall As the S&P 500 Chases History, And EV Maker Lordstown Motors' "Substantial Doubt" Zaps the Stock

Carl Quintanilla, Jim Cramer and David Faber kicked off the show by highlighting another volatile day for the so-called "meme stocks": Chamath Palihapitiya's Clover Health surges to a new record high while Wendy falls after Stifel downgraded the stock to "Hold" from "Buy". The anchors explored what's next for both the new and old Reddit-fueled stocks. They also discussed the Senate's bipartisan passage of a $250-billion bill aimed at countering China's tech ambitions and boosting semiconductor production in the United States. Speaking of the government: The IRS says it is investigating the release of wealthy Americans' tax information in wake of ProPublica publishing details about the reported income and tax payments of multi-billionaires such as Jeff Bezos and Warren Buffett. Also in focus: Shares of Campbell Soup tumble on the company's weaker-than-expected quarterly results, Merck agrees to supply the U.S. government with its oral antiviral treatment for COVID, Why yields are falling as the S&P 500 is within striking distance of a record intraday high, and Lordstown Motors shares take a big hit after the electric truck maker said there was "substantial doubt" about its ability to continue as a going concern. The anchors reflected on what Lordstown's CEO told CNBC back in March about how "we never said we had orders".
6/9/202144 minutes, 2 seconds
Episode Artwork

Wendy's and Clover Health Join the "Meme Stock Madness" While Bitcoin Slumps, An Exclusive With Honeywell's CEO, Southwest to Order More Boeing 737 Max Jets, and a Stunning Report on How the Wealthiest Americans Avoid Taxes

Carl Quintanilla, Jim Cramer and David Faber led off the show with a new twist when it comes to the "meme stock madness" -- Wendy's and Chamath Palihapitiya's Clover Health each soaring after chatter about both companies grew on Reddit's WallStreetBets forum. AMC Entertainment and GameStop also experiencing gains. On the flip side, Bitcoin and other cryptocurrencies under pressure on worries about tighter regulation. The anchors also discussed the U.S. recovering millions of dollars in crypto that had been paid to the Colonial Pipeline ransomware hackers. Southwest announcing it has agreed to add 34 Boeing 737 Max jets to its orders for 2022, bringing the total orders for that year to 234. Honeywell Chairman & CEO Darius Adamczyk appeared on the program to discuss his deal to form the world's largest quantum computing business -- looking to capitalize on what he says is projected to become a $1-trillion quantum computing industry. Carl, David and Jim had a wide-ranging discussion about a report from ProPublica: The investigative journalism group says it has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth - sometimes, even nothing. Also in focus: FDA Approval of Biogen's Alzheimer's drug and what it means for the stock.
6/8/202144 minutes, 8 seconds
Episode Artwork

Squawk on the Street’s Big Return to the New York Stock Exchange, NYSE President Stacey Cunningham Talks Reopening Plans and Meme Stocks, G-7 Countries' Global Minimum Corporate Tax Agreement, P.E. Firms' $34B Deal, Jack Dorsey's Bitcoin Message, Jeff Bezos' Summer Space Flight, No "Plus" for Musk, and an Exclusive With the CEO of Bristol Myers Squibb

A big morning for "Squawk on the Street" as Carl Quintanilla, Jim Cramer and David Faber mark the show's return to the New York Stock Exchange for the first time since March 2020, discussing what it means to be back at the "Big Board", how businesses are pushing to reopen and where the reopening trade fits into the picture. NYSE President Stacey Cunningham joined the program to talk about the exchange's reopening progress as well as the volatility in meme stocks. The anchors also reacted to the G-7 agreement to pursue the Biden Administration's idea of a global minimum corporate tax rate of at least 15 percent. On the M&A front, private equity firms Blackstone, Carlyle and Hellman & Friedman team up to acquire medical supply company Medline in a $34-billion leveraged buyout. Also in focus: Twitter & Square CEO Jack Dorsey making a bullish case for Bitcoin, Jeff Bezos' plan to join a Blue Origin space flight in July, Tesla cancels production of its Model S Plaid+ vehicle, and Biogen shares rise ahead of an FDA decision on whether to approve the company's Alzheimer's drug. Bristol Myers Squibb CEO Dr. Giovanni Caforio appeared on the program to discuss his company's cancer drug pipeline -- including the future for Opdivo which has experienced slower sales growth.
6/7/202143 minutes, 47 seconds
Episode Artwork

559,000 Jobs Created in May But Still Below the Consensus Forecast - We Get Reaction from President Biden's Labor Secretary. AMC Volatile After Thursday's Tumble -- What's The CEO Saying Now? Plus: Elon Musk Tweets and Bitcoin Falls, and Ackman's SPAC in Talks With Universal Music.

On this "Jobs Friday", Carl Quintanilla, David Faber and Morgan Brennan discussed market reaction to the much-anticipated employment report, which shows the U.S. added 559,000 jobs in May -- doubling April's numbers but still below consensus estimates. The unemployment rate fell to 5.8%. Labor Secretary Marty Walsh joined the program in a "First on CNBC" interview about the jobs report and what's ahead for the recovery, inflation and infrastructure talks. "Meme stocks madness" once again in the spotlight: Shares of AMC Entertainment volatile after tumbling on Thursday. CEO Adam Aron is urging shareholders to back his plan for the company to issue 25 million more shares. The anchors reacted to what Aron said about the plan to Trey Collins, host of the "Trey's Trades" YouTube channel. On the crypto front, Bitcoin falls after Elon Musk tweets a breakup meme. Sources telling David that a SPAC backed by Bill Ackman's Pershing Square confirms it is in talks to buy a 10-percent stake in Universal Music Group. Also in focus: Stock winners and losers including GM, Ford and Wells Fargo – and a preview of Squawk on the Street’s return to the NYSE on June 7.
6/4/202143 minutes, 33 seconds
Episode Artwork

The "Meme Stock Madness" Intensifies -- AMC Tumbles After Filing to Sell Shares and Warning Investors, the IMAX CEO Reacts to the Frenzy, Plus GM & Ford Make News and Buck the Market Downtrend

One day after shares of AMC Entertainment closed up a whopping 95-percent, Carl Quintanilla, David Faber and Morgan Brennan led off with the big story of the morning: AMC’s stock tumbling after the theater chain filed to sell more than 11.5 million common shares "from time to time". But in its regulatory filing, AMC also warned investors about the stock's recent volatility: "Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment." IMAX CEO Richard Gelfond joined the program and offered his take on the AMC frenzy, theater re-openings and what they all mean for his business. The anchors also discussed the regulatory picture for some of the so-called "meme stocks" with a former SEC official. General Motors and Ford among the S&P 500's best performers on a rough day for stocks: GM announcing it expects first half results to be "significantly better" than prior guidance, while Ford reports U.S. auto sales up 4.1-percent in May. Also in focus: Blackberry riding the Reddit-fueled rally – the stock up 75-percent over five days, and the picture for crypto one day after Dogecoin's 30-percent surge.
6/3/202143 minutes, 35 seconds
Episode Artwork

AMC Shares Soar Again and Lead the "Meme Stock Madness", AMC CEO's "Investor Connect," Elon Musk vs. the SEC, Zoom's Results and What They Say About the Work-From-Home Trade, and KBW's CEO on the 2021 Bank Stock Rally

Carl Quintanilla, David Faber and Mike Santoli led off the show with another day of "meme stock madness": Shares of AMC Entertainment soaring for a second consecutive session. CEO Adam Aron reaching out to retail shareholders by unveiling "AMC Investor Connect", which includes perks such as free popcorn and special rewards for AMC shareholders who patronize the company's theaters in the United States. The anchors also reacted to what prominent media investor Mario Gabelli told CNBC about investor reaction to AMC. Also on the theater front, Goldman Sachs downgraded IMAX and Cinemark to "Sell" from "Neutral." Carl, David and Mike also discussed the latest saga involving Elon Musk and the SEC: Regulators reportedly told Tesla once in 2019 and once in 2020, that it had failed to properly approve tweets by Musk on two occasions. Zoom Video also in focus after the company's better-than-expected quarterly results and upbeat guidance. The anchors and an analyst who covers Zoom explored what's next for both the stock and the work-from-home trade. KBW CEO Tom Michaud joined the program to discuss the rally in bank stocks, which have tripled the performance of the S&P 500 so far this year.
6/2/202143 minutes, 37 seconds
Episode Artwork

Markets in June -- Boom or Swoon?, The Reopening Trade, AMC Soars on New Stock Sale, White House Sets Infrastructure Negotiations Deadline, SoFi Goes Public Via a SPAC Deal, Cloudera Goes Private, Plus Messages from Elon Musk and Intel's CEO on Supply Chain Pressures and the Chip Shortage

Carl Quintanilla, David Faber and Mike Santoli kicked off the first trading day of June with a look at the reopening trade getting stocks off to an upbeat start after a mixed month of May. AMC Entertainment shares received a major boost, soaring on the announcement of a new stock sale. The anchors discussed that development and the future for so-called "meme stocks" with two Wall Street analysts, one of which reiterated its "sell” rating on AMC. Infrastructure negotiations also in the spotlight, as the White House sets a June 7 deadline for GOP lawmakers to reach a deal. Carl, Jim and Mike also reacted to Elon Musk tweeting that Tesla vehicle prices are rising due to supply chain pressures, plus Intel CEO Pat Gelsinger telling a conference in Taipei that he thinks recovery from the chip shortage could take several years. Also in focus: SoFi begins trading on the Nasdaq after combining with Chamath Palihapitiya's "Social Capital Hedosophia V" SPAC, Cloudera agrees to be taken private by KKR and Clayton, Dubilier & Rice in a $5.3-billion, deal, and what to expect from Zoom Video's quarterly results due out after the bell.
6/1/202143 minutes, 29 seconds
Episode Artwork

Meme Rally Returns, Crypto Volatility, Boeing Deliveries Halted, Pres. Biden’s Budget

Carl Quintanilla, Jim Cramer and David Faber dig through the big market movers of the morning including the meme stocks. The Biden administration is set to release its first budget later today. Best Buy pointed to the hot housing market as one of the key reasons for strong sales in the fiscal first quarter. CEO Corie Barry said the company has a “unique advantage” by selling products and offering services, such as home installations. Some analysts, however, have cautioned that the retailer could see dampened demand as consumers spend less on technology and devices and more on dining out. Jim Cramer gives his take. CNBC’s Carl Quintanilla looks at the SPDR S&P Retail ETF and the stock that’s helping it move higher. Plus, Boeing fell 1.2% in the premarket on news that the jet maker had halted deliveries of its 787 Dreamliner. CNBC’s Phil LeBeau reports.
5/28/202143 minutes, 56 seconds
Episode Artwork

Snowflake Earnings, Medtronic CEO, Infrastructure Proposal

Carl Quintanilla, Jim Cramer and David Faber discuss the market moves, as we inch towards the end of May. Plus, David’s reporting on activist firm Engine No. 1 winning at least two board seats at Exxon following a historic battle over the oil giant’s board of directors. Plus, Biden’s economic agenda is front and center as Senate Republicans unveil their $928 billion infrastructure counteroffer to President Joe Biden today. Plus, Geoffrey Martha, Medtronic Chairman and CEO, discusses the company’s fourth-quarter earnings beat and outlook. Plus, Snowflake’s recent earnings report and how deal making will change after the pandemic.
5/27/202145 minutes, 52 seconds
Episode Artwork

Amazon Buys MGM, Bank CEOs Testify Before Senate Banking, Meme Rally Resumes

Carl Quintanilla, Jim Cramer and David Faber begin the morning with breaking news, as Amazon buys MGM Studios for $8.45 billion. It’s Amazon’s most ambitious move into the entertainment business and its second-largest acquisition. Amazon paid $13.7 billion for Whole Goods back in 2017. Carl, Jim and David discuss the big rally in meme stocks, as GameStop & AMC surge. Plus, the most well-known CEOs on Wall Street prepare to testify before the Senate Banking Committee at 10am ET time.
5/26/202146 minutes, 37 seconds
Episode Artwork

Musk Meets Miners, Amazon Closing in on MGM, IAC Completes Its Vimeo Spinoff, Lordstown Slashes Production

Carl Quintanilla, Jim Cramer and David Faber discuss the massive swings in crypto. Elon Musk announcing he met with bitcoin miners to address environmental concerns surrounding digital currencies. Plus, David’s new reporting on Amazon closing in on a deal with MGM. Shares of Lordstown getting crushed after slashing its production forecast for its EV pickup. IAC completing its spinoff of Vimeo. Plus, Carl, Jim & David discuss the other movers of the morning including, Live Nation, United, Alaska Air and the big banks.
5/25/202144 minutes, 2 seconds
Episode Artwork

Crypto Volatility, Exclusive: Liberty Media Chairman John Malone, Virgin Galactic Soaring

Carl Quintanilla, Jim Cramer and David Faber discuss the massive volatility in crypto. Bitcoin rebounding after a wild weekend that took it below $32K. Plus, David’s exclusive interview with Liberty Media Chairman, John Malone. Hear what he had to say about the Discovery – WarnerMedia merger and more. Plus, Carl, David and Jim dig through the big movers of the morning. Virgin Galactic soaring after it held a successful test flight over the weekend of its SpaceShipTwo craft. Jim’s “Mad Dash” takes a bite out of Beyond Meat. The maker of plant-based meat alternatives receiving a double upgrade at Jefferies to “outperform” from “underperform,” based on an expected recovery in organic growth and rebounding foodservice channels.
5/24/202143 minutes, 44 seconds
Episode Artwork

Rallies and Regulation -- The Week in Volatility for Stocks and Crypto, Cramer Puts AT&T on his "Wall of Shame", Tim Cook Heads to the Stand, Barry Diller Slams Apple, and a Stock Split in Chip Land

Jim Cramer and David Faber discussed a volatile week for both stocks and cryptocurrency, with the major indices extending Thursday's gains. Cramer explains why he believes the linkage between moves in crypto and the broader market is going to end soon. The anchors also explored where the potential regulation of crypto comes into the picture -- and how SEC Chairman Gary Gensler has his hands full on many fronts. A twist in the aftermath of the WarnerMedia-Discovery merger deal: Jim puts AT&T CEO John Stankey and his predecessor Randall Stephenson on Cramer's "Wall of Shame." AT&T did receive a pair of Wall Street upgrades. The stock has taken a hit since the deal was announced. The anchors previewed what to expect when Apple CEO Tim Cook takes the stand today in the trial pitting Apple against "Fortnite" creator Epic Games -- the dominance of Apple's app store at the center of the dispute. David and Jim also reacted to media mogul Barry Diller's comments to CNBC about Apple -- saying the tech giant overcharges companies in a "disgusting manner." Also in focus: Nvidia setting a 4-for-1 stock split, and analyst Adam Jonas of Morgan Stanley says people should listen to Cramer's message on the "speculative nature" of investing.
5/21/202143 minutes, 47 seconds
Episode Artwork

Stocks and Crypto Aim For A Rebound, Cisco's Beat Not Helping The Stock, Ford's Big Electric Vehicle Bet, Oatly Going Public After Squarespace's Tough Debut, and Petco's CEO "First on CNBC"

Carl Quintanilla, Jim Cramer and David Faber looked at the road ahead for the markets, as stocks look to break a three-day losing streak. They explored whether the worst could be over for supply chain issues and chip shortages. Cisco shares down sharply despite posting better-than-expected quarterly results. The anchors reacted to CEO Chuck Robbins telling CNBC that Cisco experienced its highest order growth in a decade. They also discussed the volatility in cryptocurrencies one day after Bitcoin fell as much as 30-percent before recouping some losses: Bank of America out with a note saying it took Bitcoin only three months to go from "trendy to tacky," while Cramer says it's time for the SEC and its chairman Gary Gensler to consider crypto an asset worth regulating. Also in focus: Ford unveiling its new electric F-150 Lightning pickup truck and what it could mean for Tesla and other EV makers, Oat milk maker "Oatly" going public one day after Web hosting company Squarespace saw its stock drop sharply in its Wall Street debut, and Intel shareholders rejecting the company's executive compensation plan. The CEO of Petco appeared on the program to discuss his company's results and game plan for growth in wake of the pandemic and recovery.
5/20/202143 minutes, 55 seconds
Episode Artwork

Stocks Tumble and Crypto Crashes, Target Surges on Blowout Q1 Results, and should Cramer Add "AT&T People" to the "Wall of Shame"?

Carl Quintanilla, Jim Cramer and David Faber explored a rough morning for the markets: Stocks selling off and extending Tuesday's losses -- especially in the tech sector, while Bitcoin and other cryptocurrencies experienced their biggest one-day drop since March 2020 after China banned financial institutions and payment companies from providing crypto services. Bitcoin came close to falling below the $30,000 level. The anchors discussed how investors should approach the cryptocurrency crash and the big pullback in stocks -- including when it comes to some of the speculative names. But they also highlighted a bright spot: Target shares up sharply after much better-than-expected Q1 results, as same-store sales more than doubled analysts' forecasts. The anchors reacted to what Target CEO Brian Cornell told CNBC about how the retailer is navigating supply chain issues. Big discussion surrounding Jim Cramer's tweet about AT&T: "Debating putting the $T people on the Wall of Shame.. They have earned it. You really have to work at it to get on the wall”. Also in focus: The future for Apple TV+ in wake of the WarnerMedia-Discovery merger deal, plus earnings winners and losers.
5/19/202144 minutes, 6 seconds
Episode Artwork

Big Earnings Day For Retail, AT&T Tumbles One Day After Agreeing to Merge its WarnerMedia Unit With Discovery, An Eye-Opening Survey on Bitcoin, and Is Amazon About to Let Out a Lion's Roar in Hollywood?

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at retail earnings: Walmart, Home Depot and Macy's each posting better-than-expected quarterly results. Walmart and Macy's citing government stimulus as one of the catalysts behind their numbers. The anchors explored what the retailers' results tell us about the recovery and the role that increased vaccinations are playing in getting consumers back into the stores. They also discussed the jump in lumber prices and how they figured into Home Depot's results. M&A also in the spotlight: AT&T shares down sharply one day after announcing it has agreed to merge its WarnerMedia unit with Discovery. Looking back at Monday's appearances by AT&T CEO John Stankey and Discovery CEO David Zaslav on the 10am ET hour of "Squawk on the Street", the anchors reacted to two comments: What Stankey said about AT&T's dividend -- and Zaslav's remarks on succeeding with production and content. Meantime, sources say Amazon is in talks to acquire MGM Studios. Other stories in focus: A report from the New York Times saying that "In China, Apple Compromises on Censorship and Surveillance", why being long Bitcoin was the most crowded trade in Bank of America's fund manager survey for May, the Elon Musk effect on cryptocurrency, the road ahead for auto-related SPACs, and regulators getting ready to review CN's takeover offer for Kansas City Southern.
5/18/202143 minutes, 57 seconds
Episode Artwork

Major Media M&A Monday -- AT&T to Merge Its WarnerMedia Unit With Discovery, The Reopening Trade and the CDC's Defense of Its Mask Wearing Guidelines, and the Bitcoin Rollercoaster Courtesy of Elon Musk

Carl Quintanilla, Jim Cramer and David Faber led off the show with the big deal of the morning: AT&T and Discovery announced a deal to combine Discovery with AT&T’s WarnerMedia unit. The combination would be co-owned by current shareholders of both companies, and would put streaming services HBO Max and Discovery+ under one roof -- positioning it to challenge the likes of Netflix and Disney+. The anchors explored what the WarnerMedia-Discovery merger could mean for the streaming landscape, the media industry overall and investors. The reopening trade also in focus after the CDC defended the agency’s decision to tell people who are fully vaccinated against Covid-19 they can go without a mask -- but the new guidelines do not lift local mask mandates. The anchors reacted to CDC Director Dr. Rochelle Walensky's comments on NBC's "Meet The Press" -- and explored the challenges businesses are facing in wake of the decision on masks. Companies such as Walmart, Starbucks and Costco have dropped their mask requirements. On the crypto front, Elon Musk out with tweets clarifying "Tesla has not sold any Bitcoin." This coming after his tweets over the weekend hinting the automaker was considering or may have already sold some of its Bitcoin holdings. Bitcoin recouped some of its losses after the cryptocurrency fell below $43,000. Also in focus: What's sending stocks lower after a volatile week, plus Spotify CEO Daniel Ek saying his bid to acquire U.K. soccer club Arsenal was rejected.
5/17/202143 minutes, 9 seconds
Episode Artwork

Stocks Extend Thursday's Rebound Rally, Disney Slumps As Streaming Subscriber Growth Disappoints, CDC's New Mask Guidelines and the Reopening Trade, Dogecoin Soars on Musk Tweet While Coinbase Jumps on Record Quarter, DoorDash's Q1 Delivers Big Stock Gains, Plus An Exclusive With the CEO of Exxon Mobil.

Carl Quintanilla, Jim Cramer and David Faber capped a volatile week for the markets with a look stocks extending Thursday's rally, shrugging off inflation fears and weaker-than-expected retail sales data for April. Disney shares bucking the morning's uptrend as slowing subscriber growth for its Disney+ streaming service overshadowed better than expected earnings. The reopening trade in the spotlight after the CDC announced updated guidelines saying fully vaccinated people can go without masks both indoors and outdoors except in certain cases. The anchors reacted to what former FDA commissioner Dr. Scott Gottlieb told CNBC about the guidelines. On the crypto front: Shares of Coinbase jumped in reaction to its first quarterly results since going public -- and Dogecoin soars after Elon Musk tweeted that he is working with the cryptocurrency's developers to improve its efficiency. Exxon Mobil Chairman & CEO Darren Woods joined the program exclusively to discuss everything from activist pressure on the oil giant -- to his thoughts on the fallout from the Colonial Pipeline hack. Also in focus: DoorDash surges on quarterly results, plus Kansas City Southern terminating its deal with Canadian Pacific and agreeing to accept what it calls a superior takeover offer from railroad rival CN.
5/14/202144 minutes, 54 seconds
Episode Artwork

Morning After the Sell-off: Stocks Rebounding Despite Hotter-Than-Expected Wholesale Inflation - Time to Buy Beaten-Down Tech? Also: Hiring and Wage News from Amazon and McDonald's, Musk Tweet Sends Bitcoin Back Below $50K, Colonial Pipeline Restarts After Hack, and what Softbank's Masa Son Told CNBC.

The morning after a sell-off fueled by inflation fears -- resulting in the worst day for stocks since winter -- Carl Quintanilla, Jim Cramer and David Faber explored the rebound in stocks after three days of selling. The jump coming despite newly-released wholesale inflation data showing the Producer Price Index for April up 0.6% overall from the prior month -- twice as high as expected. Big tech names such as the FAANG stocks bouncing back - how should you play them now? The anchors reacted to what Softbank CEO Masa Son told CNBC about his outlook for tech -- he said fundamentals are strong and companies are still growing. As for the labor market: Carl, Jim and David highlighted news from two big companies: Amazon announced it is hiring 75,000 employees across fulfillment and transportation, with average starting pay of over $17 per hour and sign-on bonuses of up to $1,000, while McDonald's says it is raising hourly wages at company-owned locations as it looks to bring on 10,000 workers over the next three months at just over 650 stores. This comes as government data show weekly jobless claims fell to a pandemic-low 473,000. The anchors also discussed Bitcoin sliding back below $50,000 after Elon Musk tweeted that Tesla has stopped accepting the cryptocurrency for vehicle purchases, citing concerns about "rapidly increasing use of fossil fuels for bitcoin mining." Also in focus: Colonial Pipeline's post-hack restart and how soon the gasoline shortage might end, Alibaba shares falling despite a surge in e-commerce revenue, and what to expect from retail sales data due out Friday.
5/13/202143 minutes, 38 seconds
Episode Artwork

Inflation Surge Pressures Markets and Extends Tech Sell-off, What Cathie Wood Is Saying As the ARK Innovation ETF Continues to Slide, The Pipeline Hack Effect and Long Gasoline Lines, Bullard Defends the Fed After Druckenmiller's Criticism, and Tesla China Sales Tumble

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing new inflation data’s impact on the markets: The Consumer Price Index up 4.2-percent from year-ago levels -- the fastest pace in 12 years. That news adding to this week's tech sell-off and impacting names from Apple to Tesla. Recent weakness continues for Cathie Wood's ARK Innovation ETF, which is now down more than a third from its February highs. The anchors explored what's next for the "Wood-Stocks" in that ETF -- and reacted to comments about inflation and growth stocks that Wood made at her firm's webinar. They also took a closer look at the impact from the Colonial Pipeline hack, resulting in gasoline shortages across the Southeast and long lines at gas pumps. Carl, Jim and David reacted to comments from Energy Secretary Jennifer Granholm, who said there’s no need for people to hoard gasoline because Colonial has said it is hoping for full restoration by the weekend. Also in focus: St. Louis Fed President James Bullard responds to billionaire investor Stanley Druckenmiller's criticism of the policymakers' approach to an economic rebound, the outlook for auto stocks such as Ford amid the global chip shortage, and sales of Tesla's made-in-China vehicles slumping 27% in April from March.
5/12/202143 minutes, 49 seconds
Episode Artwork

Tech Sector Extends Sell-off, More Pain for Cathie Wood's ARK Innovation ETF, Druckenmiller's Message to the Fed, Next Steps After the Colonial Pipeline Ransomware Attack, a $15B SPAC Deal, and the Retail & Recovery Picture: From Mall Operator Simon Property Group to L Brands and Victoria Secret

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing the extension of the tech sell-off dragging down the markets overall -- with Tesla, semiconductors and FAANG names among those under pressure. Cathie Wood's ARK Innovation ETF extending losses of its own, down more than 14-percent for the month. The anchors explored whether now's the time to buy some of the ETF's beaten-down components such as Zoom, Roku and Twilio. They also reacted to what billionaire investor Stanley Druckenmiller told CNBC about Fed policymakers -- he says they are failing to adjust to improved economic conditions by clinging to an emergency policy. Also in focus: The EPA's response to the Colonial Pipeline ransomware attack and what it could mean for gas prices, Biotech firm Gingko Bioworks agreeing to go public in a $15-billion SPAC Deal, What the CEO of Simon Property Group is saying about earnings and what he's seeing from shoppers at the malls, and L Brands' decision to spin off Victoria's Secret and Bath & Body Works into two public companies.
5/11/202144 minutes, 4 seconds
Episode Artwork

New Record High for the Dow ... But Tech Under Pressure As Citi Downgrades Facebook and Alphabet, Dogecoin Plummets Following Elon Musk's SNL Appearance, Pipeline Cyberattack Effect on Oil Prices, The Reopening Trade, and CNBC Returns to the NYSE

Carl Quintanilla, Jim Cramer and David Faber began a new week with a look at tech stocks under pressure, after Citi downgraded Facebook and Google parent Alphabet to neutral. But that news didn't stop the Dow from hitting a new all-time intraday high -- as money rotates out of tech into industrials and other sectors. The anchors reacted to what ARK CEO Cathie Wood told CNBC about how such rotation has taken a toll on the performance of her firm's Innovation ETF. Elon Musk's mention of Dogecoin during his appearance on Saturday Night Live sent the cryptocurrency plummeting -- at one point losing more than a third of its value on Sunday. The anchors explored the upward momentum in Ethereum, as well as the mindset of the Robinhood cohort/new group of investors -- what they're buying and what they're shunning. Also in focus: Oil prices react to Friday's cybersecurity attack on the Colonial Pipeline – the country's largest fuel pipeline, and earnings winners and losers including Marriott and what the hotel giant is saying about its quarterly results and booking demand amid the pandemic. CNBC returns to the NYSE for the first time since the pandemic began. At the "Big Board", Bob Pisani interviewed NYSE President Stacey Cunningham about the exchange adjusting its COVID health and safety protocols -- easing restrictions on the trading floor and welcoming the return of media outlets.
5/10/202143 minutes, 56 seconds
Episode Artwork

Big April Jobs Miss: Payrolls Up 266,000. Economists Were Expecting a Gain of One Million. What Happened? Labor Secretary Walsh With Biden Administration Reaction to the Numbers and Thoughts on the Recovery

Carl Quintanilla, Jim Cramer and David Faber took a deep dive into the April employment report and what it could mean for the recovery and the markets. 266,000 non-farm jobs were added, well below the one million jobs economists had been expecting. The unemployment rate rose to 6.1-percent, but more people entered the workforce in April. The debate has intensified: Are government unemployment benefits giving potential workers an incentive to stay home? That's one of the questions the anchors asked U.S. Labor Secretary Marty Walsh when he appeared on the program to discuss the jobs report, labor shortages and the recovery. It was a good morning for tech stocks as shares of Peloton, Square and Roku rose sharply in reaction to their quarterly results -- Peloton up despite lowered guidance in wake of its treadmill recall. Carl, Jim and David also reacted to what SEC Chairman Gary Gensler told CNBC about the Archegos fallout and regulating Bitcoin -- this ahead of Elon Musk's scheduled guest host appearance on "Saturday Night Live". The watch is on to see what Musk might say on SNL about cryptocurrency.
5/7/202142 minutes, 58 seconds
Episode Artwork

The Reopening Trade: Uber's Revenue Miss, Vaccine Makers Tumble and Peloton After the Sell-off. Earnings Winners and Losers from ViacomCBS and PayPal to Etsy ... Plus "Reunited and It Feels So Good!"

Carl Quintanilla, Jim Cramer and David Faber took a wide-ranging look at the reopening trade: Uber shares under pressure after the company reported a revenue miss, vaccine makers such as Pfizer, BioNTech and Moderna saw their shares take a hit after the Biden Administration announced that it supports waiving intellectual property protections for COVID-19 vaccines, and Peloton trying to rebound one day after announcing voluntary recalls of its treadmill machines over safety concerns. The anchors also reacted to comments made to CNBC by Uber CEO Dara Khosrowshahi and Pfizer CEO Albert Bourla. Lots of reaction to earnings from the likes of ViacomCBS, PayPal, Kellogg, and Etsy. That also goes for Norwegian Cruise Line -- the company says "a potential mid-summer restart from U.S. ports could be in jeopardy" depending on talks with the CDC. The anchors also engaged in a lively discussion about the run-up in cryptocurrencies such as Ethereum -- and what PayPal CEO Dan Schulman said about his company's crypto strategy. The hour ends with more on the economic reopening: Carl, Jim and David spoke about how they finally got together for the first time in 14 months -- at Cramer's restaurant in Brooklyn.
5/6/202143 minutes, 54 seconds
Episode Artwork

Facebook Oversight Board Upholds Trump Ban, The Morning After the Tech Sell-off, Secretary Yellen Backtracks on Rate Hike Comments, Equinox SPAC Talks, and the CEO of UBS on the Archegos Fallout

Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: Facebook's Oversight Board has ruled to uphold the social media network's decision to ban former President Donald Trump from the site. But the board also ruled it was not appropriate for Facebook to impose an indefinite suspension, adding the company must review the matter within six months. The anchors explored the ramifications of the ruling, including what it means for the social media landscape and Facebook's stock. Also in focus: What's next for tech stocks after Tuesday's sell-off, Treasury Secretary Yellen backtracking her remarks about hiking interest rates, JPMorgan Chase CEO Jamie Dimon slams Bitcoin, sources telling David that Equinox is in talks to go public via a SPAC backed by venture capitalist Chamath Palihapitiya, plus earnings winners and losers. UBS CEO Ralph Hamers appeared on the program in his first U.S. television interview since taking the top job at the Swiss bank. He discussed his company's loss related to the Archegos hedge fund scandal, as well as his growth strategy for UBS.
5/5/202143 minutes, 23 seconds
Episode Artwork

Stocks in the Red Despite Pfizer's Earnings and Vaccine News and States' Reopening Push, Tech Under Pressure, "Inflation" and "Shortages", Bill and Melinda Gates’ Decision to Divorce, Ford Posts Blowout Auto Sales In April, and the Earnings Parade Continues

Carl Quintanilla, Jim Cramer and David Faber explored the pullback for stocks despite states taking additional steps to reopen their economies and Pfizer posting better-than-expected quarterly results and boosting its COVID vaccine sales forecast -- this as the FDA is expected to authorize the vaccine for use in adolescents aged 12-15. Stocks rotating out of big tech names such as Apple and semiconductors. Two words the anchors focused on regarding the markets and many earnings reports: "inflation" and "shortages". With the chip shortage in the spotlight, Intel said it will invest $3.5-billion to expand its New Mexico manufacturing operations -- and Taiwan Semiconductor reportedly set to build additional chipmaking factories in Arizona beyond the one currently planned. The anchors also discussed Bill and Melinda Gates' decision to divorce after 27 years of marriage but continue to work together on their charitable foundation. Breaking news out of Ford: The company reporting a 64.8% surge in auto sales for April, including record demand for electric vehicles.
5/4/202143 minutes, 24 seconds
Episode Artwork

Warren Buffett vs. Robinhood and SPACs, Verizon Agrees to Sell Yahoo and AOL, Plus a New Month for Stocks After a Bullish April: Will the Run Continue in May?

Carl Quintanilla, Jim Cramer and David Faber began the show by discussing what Berkshire Hathaway Chairman & CEO Warren Buffett and Vice Chairman Charlie Munger said at their company's annual shareholder meeting over the weekend -- from bitcoin and stocks such as Apple to inflation and climate change. Buffett and Munger had some harsh words for SPACs and trading platform Robinhood: Buffett called SPACs a "killer" and criticized Robinhood of catering to the gambling instincts of investors. Robinhood put out a statement slamming Buffett's comments. You'll want to hear the anchors' reaction to Buffett's remarks and whether or not they agree with the "Oracle of Omaha." Verizon making news on the M&A front, confirming it has agreed to sell media assets including Yahoo and AOL to private equity firm Apollo Global Management for $5-billion. The anchors also looked at what to expect from the markets in May following a strong April for stocks. Also in focus: Intel CEO Pat Gelsinger's comments to "60 Minutes" about the chip shortage, plus Charlie Munger sounding off about tax hikes in states such as California -- "I do think it is stupid for states to drive out their wealthiest citizens."
5/3/202143 minutes, 26 seconds
Episode Artwork

Stocks Fall Despite Amazon's Blowout Quarter, The Bulls Winning In April, Twitter Tumbles, and Apple vs. the EU

On the final trading day of what has been a strong April for stocks, Carl Quintanilla and Jim Cramer led off the show with a look at blowout quarterly results from Amazon which sent the stock higher. They explored Amazon's dominance over retail and the strength in its Amazon Web Services unit -- and that with lots of cash on the sidelines, big tech names such as Amazon, Alphabet and Facebook are poised to benefit. On the flip side, Twitter shares tumble as investor concerns about expenses and the possibility of slower user growth overshadow better-than-expected results. As we end a bullish month of April, the anchors explored whether investors will "sell in May and go away." Cramer digs deep into the stocks he says are coming out of the earnings season "not unscathed." Apple also in the spotlight after the EU accused the tech giant of antitrust violations over App Store rules after a complaint by Spotify -- whose founder and CEO Daniel Ek told the anchors earlier in the week the music streaming service is "fighting for a level playing field." Also in focus: What Caterpillar CEO Jim Umpleby told CNBC about the global chip shortage, and looking back at a blockbuster week of CEO interviews on "Squawk on the Street": You'll hear what the CEOs of Boeing, AMD and Starbucks had to say about the outlook for reopening.
4/30/202143 minutes, 49 seconds
Episode Artwork

Apple and Facebook Drive the S&P 500 and Nasdaq to Record Highs on the Busiest Day of Earnings Season, President Biden's Message to the Wealthy: "Pay Your Fair Share" in Taxes, and An Exclusive With the CEO of ServiceNow

Carl Quintanilla and Jim Cramer delved into the busiest day of earnings season by leading with better-than-expected quarterly results from Apple and Facebook -- both stocks up sharply on the news, resulting in new record intraday highs for both the S&P 500 and Nasdaq. Cramer says the Apple and Facebook numbers are proof that you shouldn't count the FAANG stocks out yet. Carl and Jim also reacted to what Apple CEO Tim Cook said on the company's earnings call about stronger demand -- as well as what he told CNBC about iMac sales in wake of work-from-home trends. Other earnings names in the spotlight included Dow components Caterpillar, McDonald's and Merck. The anchors also discussed Ford CEO Jim Farley telling CNBC that he thinks the chip shortage "may extend in the second half.” President Biden's Wednesday night address to a joint session of Congress also in focus: He pushed his idea of hiking taxes on the wealthy to pay for his economic agenda. His message for the richest Americans: "Pay your fair share." ServiceNow CEO Bill McDermott joined the program to discuss his company's quarterly results that beat analyst estimates but failed to lift the stock.
4/29/202143 minutes, 42 seconds
Episode Artwork

Earnings on Parade: Big Interviews With the CEOs of Boeing, AMD, Starbucks and Spotify – Plus Market Reaction to Microsoft and Alphabet’s Quarterly Results

On a day in which more than 40 S&P 500 companies are reporting quarterly results, Carl Quintanilla, Jim Cramer and David Faber led off a huge show with reaction to a barrage of earnings reports including those out of big tech: Shares of Google parent Alphabet surge after the company posted its most profitable quarter ever, while Microsoft shares fall despite better-than-expected quarterly results and guidance – the company booking its biggest revenue growth since 2018. The anchors and Phil LeBeau interviewed Boeing CEO Dave Calhoun about the company’s sixth-consecutive quarterly loss and why he feels the jet maker has turned the corner as domestic markets rebound. AMD CEO Lisa Su joined the program to discuss her company’s better-than-expected results and how it is navigating the global chip shortage. The anchors also interviewed Starbucks CEO Kevin Johnson about his company’s results and strategy to grow sales amid a ramp-up in COVID vaccinations. We end the hour with Spotify CEO Daniel Ek: The music streaming service’s guidance taking a toll on the stock. You’ll want to hear what he has to say about his bid to acquire legendary UK soccer team Arsenal.
4/28/202151 minutes, 29 seconds
Episode Artwork

Tesla Shares Fall Despite Record Q1 Results, Reaction to Elon Musk's Message, The Earnings Barrage Heats Up (3M, GE, UPS and More), Plus a Big Boost for GameStop

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with an in-depth look at Tesla -- shares down despite record first-quarter results. Cramer sounded off about CEO Elon Musk and Tesla's numbers: "This was not the quarter I expected. It's not the quarter I would go on SNL after." The anchors also reacted to what Musk said on Tesla's earnings call about the company's "insane difficulties" with the supply chain in wake of the chip shortage. Other earnings in the spotlight include 3M, Raytheon, General Electric and UPS. GameStop among the biggest gainers after announcing it had completed the sale of 3.5-million shares, generating proceeds of about $551 million. Also in focus: JetBlue posting a narrower than expected quarterly loss and adding it is seeing a rebound in passenger demand, Eli Lilly shares tumble on a quarterly miss, and Hasbro reports an earnings beat but misses on revenue due to factors related to the pandemic.
4/27/202143 minutes, 30 seconds
Episode Artwork

Big Week For Earnings, Apple's $430B Investment Plan, The Reopening Trade and Dr. Gottlieb's Call To End Outdoor Mask Edicts, Bitcoin Back Above $50K, and M&A -- From Companies Being Taken Private to a Railroad Bidding War

Carl Quintanilla, Jim Cramer and David Faber kicked off the show by discussing what to expect from a big week of earnings reports -- including names such as Tesla, Apple and Amazon. Apple also making news by announcing it is committing $430-billion in U.S. investments over five years -- the plan includes more than 20,000 new American jobs. As for the reopening trade: Sanofi announced it has agreed to help manufacture Moderna's COVID vaccine -- and plans to fill and finish up to 200 million doses by September. The Sanofi/Moderna news comes after states began administering Johnson & Johnson’s COVID-19 vaccine over the weekend, once federal regulators recommended that a pause be lifted. The anchors explored the road ahead for travel as well as workers returning to the office in wake of the vaccination ramp-up. They also reacted to what former FDA commissioner Dr. Scott Gottlieb told CNBC about his call for the CDC to end outdoor mask edicts. Also in focus: Bitcoin rebounding back above $50,000 after last week's sell-off, Volkswagen warning of a big production hit due to the global chip shortage and what it could mean for automakers in the U.S., an update on the railroad bidding war for Kansas City Southern, cybersecurity company Proofpoint agrees to be taken private in a $12.3-billion deal, and last year’s eye-opening compensation for CEOs despite the pandemic.
4/26/202143 minutes, 43 seconds
Episode Artwork

Morning After the Sell-off: Capital Gains Tax Hike Fears, Bitcoin Tumbles Below $50K, Intel and the Chip Shortage -- Stock Falls Despite Q1 Beat, and Wrapping Up The Week's Earnings Parade

Carl Quintanilla, Jim Cramer and David Faber discussed what's next for stocks after Thursday's sell-off, sparked by fears about President Biden's plan to hike the capital gains tax rate to 39.6% for those Americans earning more than $1-million. They also talked about a note out of Goldman Sachs that says the final capital gains tax increase likely will be much less than Wall Street fears. Those tax fears playing a role in Bitcoin tumbling below $50,000 for the first time since early March. Intel also seeing its stock slide despite first-quarter earnings that beat analyst estimates. The anchors reacted to what CEO Pat Gelsinger told Jim Cramer about the global chip shortage. Other earnings movers in focus: American Express (especially on the travel spending front), Honeywell, Snap, Mattel and Kimberly-Clark -- what do their results tell us about the recovery?
4/23/202143 minutes, 27 seconds
Episode Artwork

Credit Suisse Posts "Unacceptable" Loss After Archegos Scandal, First On: The CEOs of Southwest Airlines and Dow Inc., Earnings from Airlines to AT&T, and "Jeopardy" Guest Hosts: Who Is David Faber?

Carl Quintanilla, Jim Cramer and David Faber began the show by highlighting that "Jeopardy" has chosen David as one of the guest hosts to close out Season 37 of the legendary game show. On the corporate front: Credit Suisse shares took a hit after the bank reported losses related to the Archegos hedge fund scandal. The anchors reacted to comments from the CEO -- he called the losses "unacceptable" but insisted there is no risk culture problem at CS. A busy earnings calendar also in focus: American and Southwest among the airlines posting quarterly results. Southwest Chairman & CEO Gary Kelly appeared on the program to talk about the carrier's first quarter numbers, why he believes the worst may be over when it comes to weak travel demand amid the pandemic, the company's climate goals and why it's forecasting a lower cash burn rate. Dow Inc. CEO Jim Fitterling also came on the show to discuss his company's earnings and where COVID fits into the picture -- as well as Dow's recycling strategy when it comes to climate initiatives. The anchors took a closer look at AT&T -- one of the big earnings winners of the morning as the company added more wireless customers in Q1 than analysts had been expecting.
4/22/202143 minutes, 37 seconds
Episode Artwork

Netflix Slumps As Subscriber Growth Disappoints, Verizon Beats But..., Apple's New Product Lineup And A Price Target Hike, SPAC Fallout, And The Botched COVID Vaccines: Factory Update

Carl Quintanilla, Jim Cramer and David Faber began the show with an in-depth look at Netflix's quarterly results -- the stock tumbling on a bigger-than-expected decline in subscriber growth. The anchors also reacted to comments Netflix Founder and Co-CEO Reed Hastings made on his company's earnings call – he said there is "no real change" Netflix can detect in the competitive environment. Also on the earnings front, Verizon beat on the top and bottom line but lost more wireless subscribers than expected during the first quarter. The program featured a live report from Minneapolis on the Derek Chauvin verdict. Apple in the spotlight the morning after its new product launch -- including iPad Pros that use the company's M1 chip and have 5G support. The anchors discussed Morgan Stanley analyst Katy Huberty's call to raise her price target on Apple to $158. Also in focus: Travel amid the pandemic -- Goldman Sachs upgrades Norwegian Cruise Line to "Buy" while airline shares fall, the SPAC fallout and the SEC crackdown, a follow-up on Canadian National's $33-billion takeover bid for Kansas City Southern, and in a regulatory finding, Emergent BioSolutions said the FDA has asked the company to temporarily stop producing materials for COVID-19 vaccines while U.S. regulators investigate its plant in Baltimore responsible for ruining millions of Johnson & Johnson shots.
4/21/202144 minutes, 9 seconds
Episode Artwork

Earnings Season Ramps Up, Railroad Bidding War: Canadian National's Rival $33B Offer to Buy Kansas City Southern, The Reopening Trade and the "Fully Vaccinated" Factor, Countdown to Apple's Product Event and What to Expect from Netflix's Quarterly Results

Carl Quintanilla, Jim Cramer and David Faber kicked off the show with a look at the earnings parade, including results from Dow components IBM, Procter & Gamble, Johnson & Johnson and Travelers. The CEO of Canadian National appeared on the program to discuss the railroad operator's offer to acquire Kansas City Southern for $325 per share in cash and stock. The transaction is valued at more than $33-billion including debt and tops the $275 per share deal Canadian Pacific struck with KC Southern. The anchors explored the reopening trade in wake of rising COVID cases: How long might it take to get people who are fully vaccinated back into the office? Also in focus: A preview of Apple's product event, United Airlines posts a wider-than-expected Q1 loss, Boeing extends the retirement age for CEO Dave Calhoun, what to expect from Netflix's quarterly earnings and subscriber numbers due out after the bell, and Cramer explains why he believes Fisker is not "the next Tesla."
4/20/202143 minutes, 15 seconds
Episode Artwork

Bitcoin's Horrible Weekend, GameStop CEO to Step Down, The UK Intervenes in Nvidia's$40B Chip Deal, An Earnings Beat for Coca-Cola, Tesla Shares Slide Amid Probe, and Disney CEO's Message on Movies and Reopening Theaters

Carl Quintanilla, Jim Cramer and David Faber let off the show by discussing working our way back to normal: Jim and David being on set together for the first time in 13 months. They segued to Bitcoin's weekend sell-off and what it means for cryptocurrency and shares of Coinbase after last week's public debut. Coinbase's CEO sold shares of his stock and ARK Invest's Cathie Wood bought more Bitcoin. Semiconductors also in the spotlight: The UK government has intervened in Nvidia’s proposed $40-billion deal to acquire chip designer ARM on national security grounds. On the earnings front, Coca-Cola posted better-than-expected quarterly results and improved margins. Also in focus: The union that lost an election aimed at unionizing an Amazon warehouse in Alabama filed a federal complaint accusing the company of illegal interference, Dr. Anthony Fauci ‘s comments about the future for Johnson & Johnson's halted COVID vaccine, anchor reaction to what Disney CEO Bob Chapek said in a Barron's interview about streaming subscribers returning to reopened movie theaters and what the future holds for blockbuster film budgets, Peloton shares down sharply after a federal agency warned consumers to stop using the company's "Tread+" treadmill, and Tesla shares under pressure as authorities in Texas are looking into a Tesla crash over the weekend that killed two men. According to a report, no one was behind the wheel of the car.
4/19/202143 minutes, 56 seconds
Episode Artwork

Special Episode: TechCheck – Capping off our Inaugural Week: an Exclusive with Airbnb CEO Brian Chesky, Jason Calacanis Weighs in on the Week in Debuts, The Reopening of Universal Studios Hollywood and so much more.

We’re capping off our inaugural week packed with powerhouse guests and the top stories in tech with an exclusive interview with Airbnb CEO Brian Chesky. He discusses the future of work and his travel expectations post-Covid with our Deirdre Bosa. Plus, big time tech investor Jason Calacanis joins us to weigh in on the week of market debuts, Coinbase’s implications for crypto and Robinhood’s fight in Massachusetts. We’ve also got new product news coming up next week from Apple-we’re digging into customer loyalty to both Apple and Amazon remaining high. And our Julia Boorstin takes us live to Universal Studios Hollywood on re-opening day. CNBC’s Josh Lipton also joins to break down the chip stocks to invest in right now. That and so much more today on the show.
4/16/202143 minutes, 53 seconds
Episode Artwork

The Markets' Record Run -- Dow 34K And Beyond, Morgan Stanley Caps Big Banks' Earnings Week, Treasury's Report On China's Currency, Massachusetts vs. Robinhood, and David Einhorn Blames Palihapitiya And Musk for Pouring "Jet Fuel" on GameStop

Carl Quintanilla, Jim Cramer and David Faber discussed a record run for stocks: The Dow closed above 34,000 on Thursday for the first time, going on to hit fresh all-time intraday highs at the market open along with the S&P 500. The anchors highlight stats which show U.S. stocks' 76% jump year-over-year from March 2020 lows marked the biggest such surge in 100 years. The anchors also took a closer look at Morgan Stanley's record first-quarter profit along with the losses related to the Archegos hedge fund scandal: What do this week's bank earnings mean for the financial sector going forward? The Treasury Department released a report saying it is keeping China on a watch list of countries with questionable currency practices but is not labeling it a currency manipulator. In the trading spotlight: Massachusetts regulators are seeking to revoke Robinhood's license as a broker-dealer in the state, accusing the firm of "aggressively inducing and enticing trading among its customers" - plus Greenlight Capital's David Einhorn blaming Chamath Palihapitiya and Elon Musk of throwing "jet fuel" on the GameStop trading frenzy. Also in focus: The reopening trade and the challenges Johnson & Johnson faces with its COVID vaccine on pause, David Faber's weekly SPACs report, and the state of the IPO market in light of this week's Coinbase direct listing.
4/16/202142 minutes, 55 seconds
Episode Artwork

Special Episode: TechCheck – The Coinbase Hangover, Bezos Speaks on the Amazon Union Vote, the AppLovin’ IPO, Where in the World is Jack Ma? And much more.

Lots to cover in tech today. We’ve got a packed show. We hit the biggest news of the day in tech with Kanyi Maqubela of Kindred Ventures. He gives us his take on Bezos’ comments to shareholders on the Alabama union vote defeat and the record-breaking Coinbase market debut yesterday. On the Coinbase front, the OG investor in the crypto platform Garry Tan joins on why he got in early and his initial belief in the company. Plus, we’ve got AppLovin CEO Adam Foroughi ahead of the IPO shaping up to be one of the largest this year. Finally, we’re tracking Jack Ma as he resurfaces for the first time since October with Financial Times reporter Ryan McMorrow.
4/15/202143 minutes, 40 seconds
Episode Artwork

Retail Sales Surge and The Reopening Trade, B of A and Citi's Earnings Beats, Day 2 for Coinbase After Strong Public Debut and $85.8B Value, An Exclusive With Delta's CEO, and New Record Highs for the Dow and S&P 500

Carl Quintanilla, Jim Cramer and David Faber discussed the catalysts sparking another record-setting day for the Dow and S&P 500: U.S. retail sales jumped 9.8% in March as more Americans were vaccinated and spent $1,400 stimulus checks, jobless claims sunk to a post-pandemic low of 576,000 last week, and Bank of America and Citigroup posted first-quarter results that beat Wall Street Estimates -- and Citi announced it is exiting consumer banking in 13 countries including China, Vietnam, India and Australia. Delta Air Lines CEO Ed Bastian joined the program exclusively to discuss everything from the surge in travel bookings as vaccinations increase --to the company's stance on the Georgia voting law. The anchors also took a closer look at what's next for Coinbase one day after its strong public debut -- the cryptocurrency exchange finished Wednesday's trading session with a market value of almost $86-billion. Also in focus: Walmart investing in General Motors' "Cruise" self-driving car subsidiary, Dell outlining its VMWare spin-off plan, and Merck saying its antiviral pill for COVID shows promise for non-hospitalized patients.
4/15/202142 minutes, 46 seconds
Episode Artwork

Special Episode: TechCheck – TechCheck Day 3

We’ve got a new show and we’re in the swing of things. Today on the show, CNBC’s Carl Quintanilla, Jon Fortt and Deirdre Bosa take a deep dive into the long-awaited Coinbase IPO and talk the future of crypto with Coinbase investor Ron Conway. Plus, we’ve got an exclusive interview with Slack CEO Stewart Butterfield, and Julia Boorstin joins to break down a CNBC.com scoop on the recent GOP retreat that brought together major donors and leaders at Trump’s Mar-a-Lago resort.
4/14/202144 minutes, 6 seconds
Episode Artwork

Crypto History: Coinbase Going Public And A "$64,000 Question" For Bitcoin's Record Run, Big Bank Earnings Kickoff, Moderna Jumps On New COVID Vaccine Data In Wake Of J&J's Vaccine Pause, And Bernie Madoff Dies At 82

Carl Quintanilla, Jim Cramer and David Faber began the program with a closer look at an historic moment for cryptocurrency: Coinbase -- the largest crypto exchange in the U.S. -- going public with a direct listing on the Nasdaq, as Bitcoin surpasses $64,000 for the first time ever. The anchors explored what Coinbase's debut could mean for the crypto industry and investors -- and reacted to Coinbase's CEO telling CNBC why he's bullish about growing its institutional customer base. They also took a deep dive into the first day of big bank earnings with results from JPMorgan Chase, Goldman Sachs and Wells Fargo. Shares of Moderna rose after it released new data showing its COVID-19 vaccine was more than 90% effective at protecting against the virus -- and more than 95% effective against severe disease up to six months after the second dose. Carl, Jim and David discussed the Johnson & Johnson COVID vaccine pause and what Moderna's CEO had to say about it. They also talked about the breaking news involving Bernie Madoff: The mastermind behind the biggest investment fraud in U.S. history has died at the age of 82.
4/14/202146 minutes, 26 seconds
Episode Artwork

Special Episode: TechCheck – TechCheck Day 2

TechCheck Day 2! On our second day as a new show, CNBC’s Carl Quintanilla, Jon Fortt and Deirdre Bosa talk to Twitter’s Former CEO Dick Costolo about Grab, SPACs, valuations and how Bitcoin keeps climbing higher. Then, Affirm’s Founder & CEO Max Levchin weighs in on the future of payments and gives us a gutcheck after the company’s IPO earlier this year. We also hit the J&J news of the day and Julia Boorstin talks Facebook’s plan to delve deeper into the dating space.
4/13/202144 minutes
Episode Artwork

A Setback For J&J's COVID Vaccine And What It Means For The Reopening Trade, The World's Largest SPAC Merger, And Bitcoin's Record High Ahead Of Coinbase's Public Debut

Carl Quintanilla, Jim Cramer and David Faber led off with big news on the COVID vaccine front: Both the FDA and CDC recommended pausing use of Johnson & Johnson's one-shot vaccine after six women developed rare blood clots. The news weighed on shares of JNJ and stocks that are part of the reopening trade. The anchors also reacted to the world's largest SPAC merger: Grab -- a Southeast Asian ride-hailing giant backed by Softbank -- has agreed to merge with Altimeter Growth in a deal valued at about $40-billion. Also in focus: Bitcoin hitting a new record high above $63,000 as Coinbase gets ready for its direct listing on Wednesday, and lots talk about the chip sector -- from what Nvidia CEO Jensen Huang said at his company's GTC conference about new products and autonomous cars to anchor chat about the chip shortage's impact on automakers.
4/13/202143 minutes, 34 seconds
Episode Artwork

Special Episode: Introducing CNBC’s TechCheck podcast

Today, CNBC launched its newest daily podcast, TechCheck. Each day, CNBC’s Jon Fortt, Carl Quintanilla and Deirdre Bosa bring you the boldest ideas and most influential names in the tech industry. This bi-coastal program dives deep into stocks focused on new technologies and trends while highlighting the latest news out of iconic companies, FAANG heavyweights, social media darlings, streaming giants, red-hot disruptors and more. Available to listen daily by 12:30pm ET / 9:30AM PT.
4/12/202144 minutes, 2 seconds
Episode Artwork

Exclusive With The CEOs of Microsoft And Nuance On Their $19.7B M&A Deal, Fed Chair Powell's Comments On The Recovery, Countdown To The White House Chip Shortage Summit, And Alibaba Rises Despite Being Hit With An Antitrust Fine

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at the deal of the day: Microsoft agreeing to acquire artificial intelligence and speech recognition company Nuance Communications in an all-cash transaction valued at $56 per share or $19.7-billion including debt. Jon Fortt led off an exclusive interview with Microsoft CEO Satya Nadella and Nuance CEO Mark Benjamin about the deal. Carl, Jim and David also reacted to comments Fed Chair Jerome Powell made on "60 Minutes" about the economic recovery amid a ramp-up in vaccinations, the challenges new COVID variants bring, and the Archegos hedge fund scandal. They also explored what to expect from the White House chip shortage summit set to include the CEOs of Ford, General Motors, Intel, AT&T and Google parent Alphabet. Also in focus: Shares of Alibaba rising despite the company being slapped with a $2.8-billion fine by Chinese regulators as a result of an anti-monopoly investigation.
4/12/202121 minutes, 50 seconds
Episode Artwork

Stocks' Record Run vs. Inflation, The Reopening Trade, A "Max" Problem For Boeing, The Amazon Union Vote, The SEC's Message On SPACs, And the CEO of Snap-On: Recovery, The Stock At An All-Time High, And Hiking Corporate Tax Rates

On a day in which the Dow and S&P 500 each hit a fresh record high, Carl Quintanilla, David Faber and Mike Santoli led off by discussing market reaction to wholesale inflation numbers that came in well above forecasts: What's at stake for the value reopening trade? They looked at the correlation between the S&P 500 and the 10-year note yield as well as what's fueling the recent Nasdaq/tech sector run-up. On the reopening front, the anchors discussed Florida suing the CDC to allow cruise to resume sailings, a Wall Street upgrade for Carnival, and reacted to what the CEO of Wynn Resorts told Jim Cramer about Las Vegas needing "airlift" to get back to 2019 levels. Boeing also in the spotlight after telling some of its customers that they should ground some 737 Max jets because of an electrical issue. The Amazon union vote in focus as the ballot count continues. David's roundup of the week in SPACs included what the SEC is saying about scrutinizing such transactions. Also in focus: Industrials such as Honeywell boost the Dow on analyst upgrades, and shares of Credit Suisse fall on a downgrade in wake of the Archegos hedge fund scandal. Snap-On CEO Nick Pinchuk joined the program to discuss the reopening of the economy, shares of his company hitting record highs, and electric vehicles. He said he's "happy about infrastructure" but also spoke out against hiking corporate tax rates to pay for President Biden's $2-trillion plan.
4/9/202143 minutes, 44 seconds
Episode Artwork

The Biden Infrastructure Plan And The Corporate Tax Hike Debate, The Reopening Trade And COVID Vaccine Latest, Chip Shortage Impacting Apple?, Peter Thiel Calls Bitcoin A "Chinese Financial Weapon”, Crusin' For A Brusin' - The Carnival-CDC Battle, And Another Record High For The S&P 500

On another record-setting day for the S&P 500, Carl Quintanilla, Jim Cramer and David Faber led off the show with a discussion about President Biden's $2-trillion infrastructure plan and raising corporate tax rates to pay for it. The president says he is willing to negotiate the 28% percent rate he favors. The anchors explored how the potential for a tax hikes could affect company guidance during earnings season -- as well as just how much corporations benefited from the Trump tax cuts. They also spoke about the reopening trade and COVID vaccinations, including the scrutiny AstraZeneca is facing . The chip shortage also in the spotlight: Production of Apple's MacBook and iPad reportedly delayed due to a supply crunch. The anchors also reacted to what the CEO of Applied Materials told Jim about what the chip equipment maker can do to alleviate the semiconductor shortage. Cramer made some eye-opening comments about Carnival and the cruise industry's battle with the CDC over resuming sailings. Also in focus: Tech shares rally, Palantir Chairman Peter Thiel calls Bitcoin a "Chinese financial weapon", and shares of cloud computing company Box slide after announcing a $500 million investment from funds run by private-equity firm KKR -- and that Aaron Levie will step down as chairman in May but remain CEO.
4/8/202144 minutes, 20 seconds
Episode Artwork

Dimon Says Economic Boom Could “Easily Run Into 2023,” Bezos Supports A Corporate Tax Hike, Why Pres. Biden Has Yet To Meet With Fed Chair Powell, An Exclusive With Exxon Mobil's CEO, And Cramer's Take On The "Stupid" Market

Carl Quintanilla, Jim Cramer and David Faber led off the show with a closer look at JPMorgan Chase CEO Jamie Dimon's annual letter to shareholders, in which he says an economic boom fueled by deficit spending and vaccinations could "easily run into 2023." They also discussed Amazon CEO Jeff Bezos' statement in which he expresses support for a corporate tax hike and the White House's "focus on making bold investments in American infrastructure", though he stops short of supporting President Biden's plan for a rise in the corporate tax rate. Speaking of the president, the anchors reacted to him telling the press he has yet to meet with Fed Chair Powell since taking office -- a departure from the Trump Administration's approach to dealing with the Fed. In an exclusive interview, Exxon Mobil CEO Darren Woods joined the program to discuss his company's ESG strategy and sweeping plans to commercialize low-emission technologies. Also in focus: Why Cramer says he wishes he could tell people who have never traded or invested before "how stupid the market is."
4/7/202143 minutes, 58 seconds
Episode Artwork

Markets And The Reopening Trade, Credit Suisse Takes a $4.7B Hit Due To Archegos Scandal, Morgan Stanley's Apple Call, And Senator McConnell's Warning To CEOs

One day after a rally which resulted in new record highs for the Dow and S&P 500, Carl Quintanilla, Jim Cramer and David Faber discussed the reopening trade amid the jump in COVID vaccinations and stronger demand for air travel: What it all means for the recovery and the markets. The anchors also reacted to what the CEO of Norwegian Cruise Line told Jim about urging the CDC to allow the company to "get back to cruising." The next chapter of the Archegos hedge fund scandal also in the spotlight: Credit Suisse taking a charge of $4.7 billion and shaking up its executive ranks in wake of the Archegos meltdown – plus Carl, Jim and David react to Goldman Sachs CEO David Solomon telling CNBC the he is pleased about the way his team handled the risk related to Archegos. On the big tech front, the anchors discussed Morgan Stanley analyst Katy Huberty raising Apple's services forecast. Also in focus: Senate Minority Leader Mitch McConnell's warning to CEOs to "Stay out of politics" as several companies criticize Georgia's new voting law.
4/6/202143 minutes, 42 seconds
Episode Artwork

After Friday's Jobs Report: Record Highs For Stocks, The Reopening Rally, Yellen And The Global Minimum Corporate Tax, Tesla Delivers, Tech Bounces Back, The Archegos Fallout Continues, And GameStop Slumps -- But Is It The "Ultimate Crypto Play?”

Carl Quintanilla, Jim Cramer and David Faber discussed the major indices rallying in their first session following the blowout March jobs report, which was released when the markets were closed for Good Friday. Helping the Dow and S&P hit fresh record highs: The reopening trade -- shares of cruise operators, airlines, AMC Entertainment and others leading the way in wake of the ramp-up in COVID vaccinations. The anchors also reacted to news that Treasury Secretary Yellen is expected to call for a global minimum corporate tax. They also explored whether the tech unwind rotation is coming to an end. Tesla getting a boost after its Friday release of record deliveries for Q1. With certain electric vehicle stocks and SPACs getting hammered recently, Jim weighs in on how individual investors can avoid getting burned in this market. GameStop slumps after announcing plans to sell up to 3.5 million shares in an "at-the-market" offering: Is the stock the "ultimate crypto play?” David outlines the latest developments surrounding the Archegos margin call fallout.
4/5/202143 minutes, 24 seconds
Episode Artwork

S&P 500 Kicks Off Q2 With A New Milestone, Pres. Biden's $2T Infrastructure Plan: From Electric Vehicles And Taxes To China And Chips, Pfizer And J&J COVID Vaccine Developments, And An Exclusive With The CEO Of AMC Entertainment

On the first trading day of the second quarter, Carl Quintanilla and Jim Cramer discussed the S&P 500 surpassing the 4,000 mark for the first time. The move comes one day after President Biden outlined his $2T infrastructure plan, which includes point-of-sale rebates when buying a new electric vehicle and funding for 500,000 EV charging stations. The anchors explored what such a development could mean for automakers and EV SPACs, and reacted to what President Biden said about hiking corporate taxes to pay for the plan -- plus Commerce Secretary Gina Raimondo's comments to Jim explaining why the package is about competing with China. Semiconductors also part of the infrastructure/China discussion as well, inculding Micron's better-than-expected quarterly results. On the COVID front: Pfizer and BioNTech out with new data showing 91% efficacy for its vaccine after six months, adding it is effective against the South African variant -- and Johnson & Johnson announcing a batch of its of its covid-19 vaccine produced at an Emergent Biosciences factory in Baltimore did not meet quality standards and will not be distributed. AMC Entertainment Chairman & CEO Adam Aron spoke exclusively with Jim and Carl, discussing the movie theater chain's reopening plans. Aron also announced that AMC is asking shareholders to approve a 500 million share offering. Also in focus – CEOs speak out: Highlights from Wednesday night’s CNBC special “Race and Opportunity In America.”
4/1/202143 minutes, 13 seconds
Episode Artwork

Pfizer Says COVID Vaccine Is Effective In 12-To-15-Year Olds, The Reopening Trade, President Biden’s $2T Infrastructure Plan, Black Executives’ Message To Corporate America On Voting Rights – And Delta’s CEO Weighs In, And The Last Trading Day Of Q1: What’s Next For Stocks?

Carl Quintanilla and Jim Cramer led off the show with news out of Pfizer: The drugmaker says its study shows COVID-19 vaccine was 100% effective in preventing Covid-19 in children ages 12 to 15. The anchors went on to discuss how the U.S. is leading the charge on vaccinations. They also highlighted reopening-related stories: Wells Fargo says as of September 6 it sees a more normal return to work, while on the commercial real estate front JPMorgan Chase, Salesforce and PriceWaterhouseCoopers are among the companies looking to unload major blocks of office space. Ahead of President Biden's remarks making the case for his $2T infrastructure plan, Carl and Jim discussed which stocks are most likely to benefit from passage of such a bill. Merck CEO Ken Frazier, former American Express CEO Ken Chenault and dozens of the nation's Black business leaders are calling on all of corporate America to publicly and directly oppose new laws that would restrict the rights of Black voters -- and use their clout, money and lobbyists to sway the debate with lawmakers. The anchors reacted to what Frazier and Chenault told CNBC about the initiative. In a statement, Delta CEO Ed Bastian criticized Georgia's new election law, calling it "unacceptable" and that it would make it harder for Blacks in the state to vote. Also in focus: Wrapping up the first quarter and what to expect from stocks in the second quarter, plus earnings movers: Lululemon and Chewy moving in opposite directions.
3/31/202145 minutes, 55 seconds
Episode Artwork

Archegos Margin Call Fallout Winners And Losers, Yield Spikes And Inflation Fears, The CDC Director's "Impending Doom” Warning Vs. The Recovery, The Foxconn Effect On Apple, And Spotify’s Live Audio Bet

The morning after the Dow hit a fresh record high, Carl Quintanilla and Jim Cramer kicked off the show with a closer look at the market continuing to weigh the fallout from the Archegos margin call: Shares of Nomura and Credit Suisse extend their losses, shares of ViacomCBS, Discovery and Baidu continue to rebound and Jim gives a thumbs up to JPMorgan Chase's risk controls. The anchors also reacted to Archegos' statement, in which the firm cites what it calls a "challenging time." The 10-year note yield rises to a 14-month high, putting inflation in focus as the White House pushes ahead with plans for an infrastructure bill. Carl and Jim also discussed the spike in home prices and what it means for Home Depot, Lowe's and the homebuilders. They explored other names that could benefit from a recovery and reacted to CDC Director Dr. Rochelle Walensky's warning that the U.S. is headed for "impending doom" as COVID cases rise again. Also in focus: Apple shares under pressure after its top supplier Foxconn cautioned that a "materials shortage" could hit its supply chain in the comping months, Spotify says it has acquired the creator of the "Locker Room" live audio sports chat app and plans to expand it to offer a range of sports, music and cultural programming, and Cathie Wood's latest move: Ark Invest's space and exploration ETF makes its trading debut.
3/30/202143 minutes, 42 seconds
Episode Artwork

Markets And Margin Call Fallout As Nomura & Credit Suisse Shares Tumble, ViacomCBS & Discovery After Last Week's Plunge, Cargo Ship Stuck In The Suez Canal Is Freed, Boeing Gets A Lift From Southwest, And Internet Stocks Benefit From Wall Street Calls

Carl Quintanilla and Jim Cramer kicked off the show by discussing volatility weighing on the markets as shares of Nomura and Credit Suisse tumble -- both companies warning of significant hits to their first quarter results after exiting positions with a large U.S. hedge fund that defaulted on margin calls last week. Goldman Sachs and Morgan Stanley also saw their respective shares take a hit. The recent plunge in shares of ViacomCBS and Discovery also in the spotlight: A source told CNBC the selling pressure in certain media stocks and Chinese ADRs was due to the forced liquidation of positions held by Archegos Capital. David Faber called in to the program to discuss the margin call fallout, the lack of transparency and how this is going to bring great scrutiny to the swap market. Also in focus: The massive cargo ship stuck in the Suez Canal has been freed, Southwest Airlines announcing 100 firm orders for the Boeing 737 Max while taking an option on 155 additional jets, Goldman revising its Q2 GDP forecast, the reopening trade and whether Lululemon should be included in the mix, and upbeat Wall Street calls on internet stocks such as Facebook and Twitter.
3/29/202146 minutes, 31 seconds
Episode Artwork

Green Friday, State of the Retail Investor, China vs. Nike & H&M, WeWork Agrees to SPAC Deal, U.S. Transportation Secretary Pete Buttigieg

The “Squawk on the Street” team discusses stocks edging higher, in the green to close out the week. Focusing on the retail investor as GameStop shakes off a slump and soars to snap a recent slide. China vs. Nike and H&M day 2. The world’s biggest seller of fast fashion, H&M, effectively ceasing to exist in China after it was wiped off of apps in China. Backlash continuing from Chinese consumers over the company’s decision to stop sourcing from China’s Xinjian region. Plus, still breached. The stranded mega-container vessel, Ever Given stuck in the Suez Canal, holding up an estimated $400 million an hour in trade, according to estimates. WeWork agreeing to a SPAC deal with BowX Acquisition, that would take the startup public in a deal worth $9 billion including debt. WeWork was once valued at $47 billion. Watching bank stocks, after the Federal Reserve announced plans to lift restrictions on bank dividends and stock buybacks. And an interview with the U.S. Transportation Secretary, Pete Buttigieg. Hear what the Secretary had to say about the future of infrastructure spending and much more.
3/26/202144 minutes, 1 second
Episode Artwork

SPAC-Down Coming?, ViacomCBS Crushed, Nike’s Social Backlash, Big Tech on the Hill

David Faber and Jim Cramer discuss the stocks making the biggest moves of the morning. Shares of ViacomCBS falling again this morning after closing down 23% the previous day. Investors are continuing to react to a new stock sale and questioning the ability of the company to execute successfully on its streaming strategy. ViacomCBS also getting a downgrade over at MoffettNathanson. Plus, a possible spac-down is coming. Reports that the SEC is opening an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved. Shares of Nike falling, the target of criticism on Chinese social media for a statement in which the company said it was “concerned” about reports of forced labor in Xinjiang. Nike also saying it doesn’t source products from the region. Plus, big tech CEOs facing questions before a House panel over online disinformation. The CEOs of Facebook, Twitter and Alphabet all set to testify.
3/25/202143 minutes, 24 seconds
Episode Artwork

“Intel Is Back,” GameStop Divergence, Exclusive: Adobe CEO, Breaking Testimony Released from Tech CEOs Ahead of Hearing

David Faber and Jim Cramer get straight to the big movers of the morning. Shares of Intel higher after the company announced it’s spending $20 billion to build two major chip plants in Arizona. The company’s new CEO, Pat Gelsinger, saying “Intel is back. The old Intel is now the new Intel.” Gelsinger also announcing a shift in strategy, a new division called Intel Foundry Services that taps into one of the biggest trends in the world of semis. Plus, shares of GameStop getting pummeled after reporting results, missing analyst expectations. The company didn’t address the Reddit-fueled trading frenzy on its call, and skipped Q&A all together. The CEO of Adobe, Shantanu Narayen, joining David and Jim exclusively to discuss the company’s latest quarter, NFTs and a lot more. Plus, testimony released from Tech CEOs Dorsey, Zuckerberg, and Pichai ahead of tomorrow’s hearing on social media misinformation.
3/24/202146 minutes, 25 seconds
Episode Artwork

One-Year Bull Market Anniversary, AstraZeneca Roller Coaster, Combating Wokplace Malaise: Citi’s Zoom Free Fridays, Goldman CEO Address Junior Bankers’ Complaints

David Faber and Jim Cramer discuss the slump in stocks on the one-year bull market anniversary. Treasury yields ebbing lower following prepared remarks from Federal Reserve Chairman Powell for a congressional hearing this afternoon. Powell warning, “The recovery has progressed more quickly than generally expected and looks to be strengthening. But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes.” AstraZeneca falling in a rare statement released just hours after the company announced positive results from its late-stage U.S. trials, an independent monitoring board told U.S. health officials that the drug maker may have given incomplete efficacy data from its COVID-19 vaccine trial. A junior banker survey goes viral at Goldman Sachs, CEO David Solomon addressed the complaints. Plus, Citigroup’s new CEO Jane Fraser barring internal video calls on Fridays and encouraging vacations in a big effort to combat work from home malaise. David and Jim dig through the big movers of the morning. ViacomCBS shares getting slammed after the company said it will raise $3 billion from stock offerings, following a recent runup in its stock price. The media company will sell $2 billion in class B common shares and $1 billion in mandatory convertible preferred shares.
3/23/202144 minutes
Episode Artwork

Declining Bond Yields Boost Tech, Tesla Shares Pop & Mega Rail Deal

Jim Cramer and David Faber discuss the tech bounceback – leading the Nasdaq and S&P 500 higher amid falling Treasury Yields. Shares of Apple, Facebook & Microsoft all gaining more than 1% in morning trading. Plus shares of Tesla rallying more than 4% as Cathie Wood’s Ark Invest puts out a new price target on the stock which calls for it to quadruple in four years. And Morgan Brennan joins for First On CNBC interview with Canadian Pacific Railway CEO Keith Creel, the company acquiring Kansas City Southern, in a deal which would create the first U.S.-Mexico-Canada rail network.
3/22/202143 minutes, 1 second
Episode Artwork

Bank Stocks Pull Markets Lower on Fed News, The Tech Stock Slide: How High Will Bond Yields Go?, Earnings: FedEx And Nike Shares Head In Opposite Directions, And The NFL's 11-Year Media Agreement Includes An Amazon Exclusive

Carl Quintanilla, Jim Cramer and David Faber led off the show reacting to breaking news that sent financial stocks lower and bond yields higher: The Fed announced it will not renew pandemic-era capital relief for banks. Jim says interest rates need to stabilize to end the slide for big tech stocks such as Microsoft. This as more Wall Street firms weigh in on whether the 10-year note yield will surpass two percent by the end of the year. Earnings news also in the spotlight: FedEx up sharply after beating estimates, while Nike shares take a hit as shipping delays impact its results. The anchors also took a look at the NFL's new eleven-year media agreement which includes Amazon getting exclusive rights to stream Thursday night football games. Also in focus: Tense talks between the U.S. and China, Barclays upgrades Ford to “overweight” citing the automaker’s electric vehicle strategy, The one-year rebound and rally in cruise stocks and what it would take for the cruise lines to ramp up trips as vaccinations accelerate, SPACs getting hurt, Chubb's unsolicited bid to acquire insurance rival Hartford Financial, and a survey that shows Goldman Sachs junior investment bankers are suffering burnout.
3/19/202143 minutes, 46 seconds
Episode Artwork

"Stages Of Grief" For Big Tech As Rates Rise, Fed Chair Powell's Message On Inflation, Where The Money's Going Now, A Lift for Lyft, And Hollywood Swinging: AMC Ramps Up Movie Theater Reopenings

The Morning after the Dow surpassed 33,000 for the first time, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at the rising 10-year note yield as inflation fears extend losses in the tech sector. Jim explains why Microsoft, Apple and Amazon are among the big tech names experiencing "stages of grief" -- and how money is rotating into names such as Caterpillar. The anchors reacted to Fed Chair Jerome Powell's comments from yesterday on inflation and supply bottlenecks -- he said "one-time increases in prices are likely to have only transient effects on inflation." They looked at what rising energy prices could mean for companies such as 3M. Also in focus: Lyft announcing year-over-year growth in ridesharing volume, AMC Theatres ramping up reopenings in the U.S. and what AT&T CEO John Stankey told David about the theatrical window compared to three years ago, winners and losers in retail including an earnings miss for Dollar General, and Citi's upbeat note about Intel and its new CEO Pat Gelsinger. An extra: How Powell, Ben Bernanke and Janet Yellen are being used to give "Rickrolling" a whole new meaning.
3/18/202143 minutes, 8 seconds
Episode Artwork

Tech Sector Slump And The Rising Rates Effect, Countdown To Fed Chair Powell's Remarks, Amazon's Telehealth Expansion, And The EV Boom: Lucid Motors CEO's Message About Apple

Carl Quintanilla, Jim Cramer and David Faber led off the program with a look at the linkage between a slump in tech stocks and a rise in bond yields, plus the economic boom versus supply shortages and the resulting inflation. A big question the anchors explored: What will Fed Chair Jerome Powell say about inflation and rising rates at his news conference -- and after the central bank releases its policy statement? Jim also took a deep dive into why younger investors don't take bond yields into account while buying stocks. Amazon announcing it will be rolling out its "Amazon Care" telehealth service in all 50 states this summer for its own workers -- and for other employers. Electric vehicles also in the spotlight: The anchors reacted to what Lucid Motors CEO Peter Rawlinson told Jim about how the company stands to benefit from its SPAC deal -- and how Lucid welcomes competition from the likes of Apple. Also in focus: What's next for the airline sector as discount carrier Sun Country goes public, BofA’s eye-opening note on Bitcoin, Uber granting drivers in the UK worker status, and why shares of Plug Power have recently slumped after soaring more than 1000% over the past twelve months.
3/17/202143 minutes, 48 seconds
Episode Artwork

S&P 500 Hits Record High One Year After COVID-Fueled Market Crash, A Street-High Call For Apple, Feeling "Lucid" about EVs, And An Exclusive With The Chairman Of Oxycontin Maker Purdue Pharma

Carl Quintanilla, Jim Cramer and David Faber took a closer look at the reopening trade including airline and cruise stocks on a day in which the S&P 500 hit a new all-time intraday high. They also discussed Evercore ISI raising its price target on Apple to a street-high $175 per share. SPACs and electric vehicle maker Lucid motors also in focus, including David's encounter with the company's CEO. In an exclusive, David interviewed the chairman of Oxycontin maker Purdue Pharma about the company's bankruptcy reorganization plan and multi-billion dollar opioid settlement. The anchors looked back at the COVID-fueled market crash which occurred one year ago on March 16, 2020. On that date the Dow plunged by almost 3,000 points -- with the S&P 500 and Nasdaq each tumbling by twelve percent. You'll hear what Jim Cramer said on that date about the crash. Also in focus: What United Airlines CEO Scott Kirby told CNBC about the travel outlook as COVID vaccinations ramp up, Moderna's COVID vaccine trials involving children, AstraZeneca facing challenges as multiple European countries suspend use of its vaccine on blood clot concerns, and what AMD CEO Lisa Su told Jim about meeting demand in wake of the chip shortage.
3/16/202143 minutes, 22 seconds
Episode Artwork

Stocks' Historic Run, Positioning For A Recovery, Airline Sector Heads Skyward, Elon Musk As "Technoking", And A New Milestone For Cramer

Carl Quintanilla, Jim Cramer and David Faber kicked off a new market week with the Dow, S&P 500 and Russell 2000 heading into the trading session at record highs. The anchors discussed sector rotation in the markets as investors try to position themselves for a recovery, SPACs coming off a positive week, plus an upbeat morning for airline stocks: The Transportation Safety Administration said airport screening levels are now at one-year highs. Separately, Southwest said passenger demand is continuing to improve this month. Tesla also in the spotlight after its regulatory filing noting that "the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively..." and that they will maintain their respective positions as CEO and CFO. David revisited last week's interviews with the CEOs of Verizon, AT&T and T-Mobile about the record-breaking 5G auction. Also in focus: Eli Lilly shares tumbling on news regarding its Alzheimer's drug, European countries suspending the use of AstraZeneca's COVID-19 vaccine, President Biden reportedly planning the first major federal tax hike since 1993, Treasury Secretary Yellen's comments on calls for a wealth tax, and Jim Cramer's "Mad Money" celebrates its 16th anniversary.
3/15/202144 minutes, 50 seconds
Episode Artwork

Market Records And Tech Turbulence, The Competition Takes On Tesla, An Exclusive With AT&T's CEO, And The Bank Stocks Rally Rolls On

Carl Quintanilla, David Faber and Mike Santoli led off the show with a look at what's next for stocks one day after the Dow and S&P 500 hit new record highs. Tech stocks erasing many of the gains from Thursday's rally as bond yields rise. Will the surge in yields be short-lived? The anchors also discussed the markets pricing in the acceleration of growth. How much of an economic rebound will we see as millions more become fully vaccinated? President Biden announced he is directing states to make all adults eligible to receive a COVID-19 vaccine by May 1. Carl, David and Mike also explored Tesla facing heightened competition as more companies enter the electric vehicle space. David had an exclusive interview with AT&T CEO John Stankey. They discussed the company's "Investor Day," AT&T's more than $27-billion investment in C-Band spectrum licenses and the road ahead for its HBO Max streaming service. Also in focus: This year's bank stocks rally, comments from Goldman Sachs CEO David Solomon on work-from-home versus returning to the office, a Citi Apple analyst's note on the Apple Car, plus another IPO coming to market - The CEO of residential and commercial pool manufacturer Hayward Holdings appeared on the program to discuss his company's public debut.
3/12/202144 minutes, 42 seconds
Episode Artwork

New Record For The Dow, Nasdaq Rallies, The Pandemic Anniversary & Pfizer's COVID Vaccine, And Verizon CEO On The Company's $53-Billion Bet

On the first anniversary of the World Health Organization declaring the COVID-19 outbreak a pandemic, Carl Quintanilla, David Faber and Mike Santoli took an in-depth look at another record day for the Dow, plus a rally for the Nasdaq as yields stabilize one day after the House passed the $1.9-trillion COVID relief package -- and Pfizer and BioNTech said data from Israel suggests that their COVID-19 vaccine is 94% effective in preventing asymptomatic infections. The anchors reacted to what Pfizer CEO Albert Bourla told CNBC about the importance of getting the first vaccine available. They also discussed Dr. Anthony Fauci's recollection of the first time he received groundbreaking news about Pfizer's vaccine "in his own words." Verizon CEO Hans Vestberg also joined the program the morning after his company's investor meeting to discuss 5G, the streaming landscape and why Verizon spent $53-billion on C-Band spectrum. Also in focus: Roblox's second day of trading on Wall Street and what's pressuring shares of General Electric.
3/11/202143 minutes, 27 seconds
Episode Artwork

Tame Inflation, Dow Hits a Record, GE CEO Larry Culp on AerCap Deal, “Meme Stocks” Surging

Carl Quintanilla, David Faber and Leslie Picker discuss the big move for stocks, as the Dow sets a new intraday record high. Data out Wednesday morning showing tame inflation, easing worries about rising prices that have jolted yields. Plus, GE merging its aircraft leasing unit with rival AerCap in a $30 billion deal. David speaks with GE CEO, Larry Culp on the deal and much more. A report out of Japan’s Nikkei says Apple is going to be cutting its iPhone production orders for the first half this year by 20%, focusing in on the iPhone Mini. Roblox preparing to go public on the New York Stock Exchange through a direct listing. The exchange setting a reference price for the video game platform at $45 per share. “Meme stocks” moving higher, Gamestop, AMC and Koss all surging.
3/10/202143 minutes, 20 seconds
Episode Artwork

Nasdaq Surge, Airlines Rally, Vaccine Effectiveness Against New Variants, One Year Later

The “Squawk on the Street” team discusses the big swing higher for stocks. Big moves for the tech-heavy Nasdaq, as giants Apple, Amazon, Microsoft, Netflix and Alphabet all gain at lease 2%. Tesla popping, after falling for 5 straight sessions and losing 21% over that span. And the airlines extending their rally in hopes of a big post-pandemic rebound. The “Squawk on the Street” team speaks with a top Cowen analyst about the road ahead for the airlines, travel and more. Tanger Outlets hammered after Goldman Sachs downgraded the stock to sell from neutral. More positive news on the vaccine front. The Pfizer – BioNTech vaccine appears to be highly effective against a more contagious variant of the virus first discovered in Brazil. Plus, a close look at bank stocks which have rallied big since their pandemic low back in March of Last Year.
3/9/202144 minutes, 3 seconds
Episode Artwork

Flipping the Script, Market Swings, Senate Stimulus Approval, David Digs Through the Deals

The “Squawk on the Street” team discusses the mixed market. The Dow changing course after bullish comments from hedge fund manager David Tepper. Tepper writing in to CNBC that a, “combination of stimulus and low Japanese bond yields positive for U.S. stocks.” That “selling of U.S. Treasury’s is likely over” and “stocks like Amazon look attractive.” The Senate passing that $1.9 trillion dollar Covid relief bill. President Biden says people will start getting stimulus checks this month. Oil in focus again, as Brent crude breaks $70 after Saudi Arabia’s oil facilities were attacked by Yemen’s Houthis. Plus, a busy morning for deals, David digs through the big movers. General Electric nearing a $30 billion deal to merge its aircraft leasing business with AerCap Holdings. Apollo Global gains following news that it will merge with Athene Holding in an all-stock transaction valuing Athene at about $11 billion. And McAfee, surging on news it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.
3/8/202156 minutes, 49 seconds
Episode Artwork

Mixed Market, Jobs Blowout, SPAC-Tacular, NEC Director Brian Deese

Carl Quintanilla, Jim Cramer and David Faber discuss the massive swings in the market. High-flying tech names taking a hit. Stocks swinging between gains and losses after a stronger-than-expected jobs report. The labor department reporting that nonfarm payrolls jumped by 379,000 for February and the unemployment rate fell to 6.2%. David Faber’s SPAC wrap for the week. He takes a look at the SPAC boom and if we may be nearing a bubble. CoStar dropping its bid to buy real estate data company CoreLogic, saying rising interest rates will hurt CoreLogic’s value. Plus, Carl, Jim and David dig through the big movers of the morning from Gap to Western Digital. And, reaction from the administration on today’s jobs report. National Economic Council Director, Brian Deese, joining Carl, Jim and David to discuss the jobs report and the 2021 economic outlook.
3/5/202144 minutes, 7 seconds
Episode Artwork

Stock Swings, Amazon and the NFL, ‘Buzz’ Launch, Square Acquires Majority of Jay-Z’s Streaming Service Tidal

Carl Quintanilla, Jim Cramer and David Faber discuss the swing for stocks. Markets bouncing between gains and losses as investors digest a better-than-expected read on weekly jobless claims. The “Squawk on the Street” gang discusses the big movers of the morning including shares of GE gaining after Morgan Stanley raised its price target on the stock to a Street-high of $17 per share. Rocket Companies shares moving between gains and losses, following wide swings the past few days. The stock fell 33% yesterday after jumping 71% the day prior. An ETF honing in on the Reddit mania, ‘Buzz’ ETF, which tracks social media sentiment, launches. Plus, Carl, Jim and David discuss the future of streaming rights after reports that Amazon is in talks with the National Football League to carry a significant number of games exclusively on its Prime video service. The deal could see Amazon pay $1 billion for exclusive rights to most Thursday games. Plus, Square announces it’s acquiring a majority stake in Jay-Z’s streaming service tidal in a $297 million deal.
3/4/202143 minutes, 51 seconds
Episode Artwork

Rocket’s Reddit Volatility, Vaccine Boom, Big Business Betting on ESG

Carl Quintanilla, Jim Cramer and David Faber breakdown the mixed morning for markets. Reddit traders honing in on their next pick, Rocket. That stock more than doubling over the past 3 sessions, but falling this morning over 10%. Plus, a vaccine boom in the U.S. President Biden announcing the U.S. will have enough vaccines for 300 million adults by the end of May, two months sooner than previously promised. Big business is betting on ESG, as FedEx commits to carbon-neutral operations by 2024 and ExxonMobil kicks off investor day focusing on its newly created business, ExxonMobil Low Carbon Solutions. Oscar Health getting ready to debut on the NYSE, after pricing above the already-raised range. Carl, Jim and David discuss breaking news, as Apollo Global announces it’s buying crafts retailer Michaels in a $5 billion deal.
3/3/202143 minutes, 43 seconds
Episode Artwork

Mega Market Rally Hits Pause, Merk Helping J&J, Zooming Higher, Target’s Record Growth, SPAC-Mentum

Carl Quintanilla, Jim Cramer and David Faber discuss the pause in stocks, after a mega market rally where the S&P 500 notched its best day since June. More developments on vaccine distribution. Reports that President Biden is set to announce the administration-brokered a ‘historic partnership’ between Merck and J&J. Merck will be dedicating two facilities in the U.S. to the vaccine effort, which could potentially double the supply compared with what J&J would be able to achieve on its own. Plus, the “Squawk on the Street” gang discussing the big movers of the morning. Zoom shares surging after the company beat expectations and issued strong guidance. Target reporting results that beat on both the top and bottom lines. Comparable store sales jumped 20%, while digital sales more than doubled. It’s SPAC-mentum. A new note out of Goldman Sachs digs through the eye popping number of SPACs and how much they have raised. Goldman’s David Kostin writing, “if the current pace of issuance persists, 2021 will surpass the 2020 full-year total before the end of March.”
3/2/202143 minutes, 59 seconds
Episode Artwork

March Begins In Rally Mode, J&J Starts Shipping Its COVID-19 Vaccine, ExxonMobil Board Shakeup, Buffett Admits To A “Mistake”, And Citi's New CEO Makes History

On the first trading day of March, Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at a big stock market rally to begin the month as bond yields pulled back. Johnson & Johnson also in the spotlight as the company began shipping its one-shot COVID-19 vaccine, which received regulatory approval for emergency use in the U.S. The anchors reacted to what J&J Chairman & CEO Alex Gorsky had to say about how many doses could be delivered in the U.S. by June. ExxonMobil shares rise on news that David broke: Activist investor Jeffrey Ubben and Atairos CEO Michael Angelakis have joined the oil giant's Board of Directors. Also in focus: Warren Buffett admits to a "mistake" in his annual letter to Berkshire Hathaway shareholders, and Jane Fraser takes over as CEO of Citigroup -- becoming the first woman to run a major U.S. bank.
3/1/202143 minutes, 41 seconds
Episode Artwork

Morning After The Sell-off, Reaction To Salesforce And Airbnb Results, FDA Meets About J&J's COVID Vaccine, GameStop Marches Higher, And HP CEO On Beating The Street

On the final trading day of February, Carl Quintanilla, Jim Cramer and David Faber explored what to expect from stocks after Thursday's sell-off was sparked by concerns about higher yields. They also dug deep into earnings news from the likes of Salesforce and Airbnb and reacted to what the CEOs of both companies told CNBC. Johnson & Johnson's one-shot COVID-19 vaccine also in focus as a key FDA panel meets on whether to recommend it for earlier use. The anchors also weighed in on what Pfizer CEO Albert Bourla told NBC News' Lester Holt about how long it might take to tweak its vaccine to account for COVID variants. The GameStop saga rolls on: The stock continuing its surge for the week as it caps a rough February during the Reddit-fueled trading frenzy. HP CEO Enrique Lores joined the program to discuss his company's strong quarterly results and upbeat guidance -- as sales of laptops jump in wake of pandemic-driven work-from-home trends.
2/26/202144 minutes, 38 seconds
Episode Artwork

GameStop's Ride Gets Wilder, The Reddit User Rally Reheats, Twitter Takes Flight, Nvidia And The Chip Supply Shortage, And Restaurateur Danny Meyer Takes His Company's SPAC Public

Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look at the GameStop frenzy -- the stock surging after it doubled late in Wednesday's trading session. Reddit-fueled stocks such as AMC Entertainment also jump. The anchors get into what investors should make of the wild ride -- as well as an ice cream cone tweet by major GameStop shareholder Ryan Cohen. They also discussed Twitter's long-term guidance which gave the stock a boost, Nvidia's quarterly results and the chip supply shortage, and ViacomCBS' streaming strategy for "Paramount+". Shake Shack Founder and Union Square Hospitality Group CEO Danny Meyer joined the program to talk about taking USHG's SPAC public. Also in focus: A double dose of news involving Pfizer's COVID-19 vaccine.
2/25/202144 minutes, 21 seconds
Episode Artwork

Cathie Wood's "Tesla Effect”, Barstool's Portnoy vs. Robinhood's CEO, Square's Bitcoin Bet, The FDA's J&J COVID Vaccine Assessment, And Marriott's New CEO Talks Travel And The Pandemic

Carl Quintanilla, Jim Cramer and David Faber discussed fund manager Cathie Wood buying into Tesla's recent sell-off – news that sent the stock higher – and that her fund also experienced major outflows. The anchors dig deep into her investment strategy. They also reacted to the clash between Barstool Sports CEO Dave Portnoy and Robinhood CEO Vlad Tenev over the GameStop saga. Johnson & Johnson in the spotlight after FDA staff found the company's one-dose COVID-19 vaccine to be safe and effective, putting it one step closer to receiving approval for emergency use. Marriott International's new CEO Tony Capuano joined the program to discuss the future for his company and the travel industry amid the pandemic as COVID vaccinations increase. Also in focus: Square’s $170-million Bitcoin purchase, plus what to expect from a White House meeting on the global chip shortage.
2/24/202144 minutes, 14 seconds
Episode Artwork

The CEO Of Tesla Rival "Lucid Motors" On Going Public Via A SPAC Deal, Tesla And Bitcoin Extend Slide, The Tech Sell-Off Intensifies, And Fed Chair Powell On The Hill

Carl Quintanilla, Jim Cramer and David Faber discussed big M&A news: Electric vehicle maker Lucid Motors confirmed it is going public via a merger with Churchill Capital IV -- a SPAC deal that will bring about $4.5-billion in cash to the company's balance sheet. Lucid Motors CEO Peter Rawlinson appeared on the program to discuss the deal as well as his views on Lucid's competition including Tesla. This as shares of Tesla extended Monday's losses and participated in another day of steep selling in the tech sector. The anchors also looked ahead to Fed Chair Powell's Capitol Hill testimony on the economy as well as the potential effect of the COVID vaccination rollout on stocks. Also in focus: Bitcoin falling further below the $50,000 mark, earnings from Home Depot and Macy's, plus an interview with Medtronic CEO Geoffrey Martha on the company's quarterly results and where the pandemic fits into the picture.
2/23/202146 minutes, 23 seconds
Episode Artwork

Boeing Drags Down The Dow On Jet Engine Failure, A Detour For Bitcoin's Record Run, And Jeff Immelt Reflects On His Tenure As GE CEO

Carl Quintanilla, Jim Cramer and David Faber discussed Boeing shares down sharply after an engine failure on one of United Airlines' Boeing 777 jets, resulting in the FAA ordering inspections of some of the jets and United grounding a number of them. The anchors also explored the rotation into value and what passage of a $1.9-trillion COVID relief package could mean for certain stocks. David interviewed former General Electric CEO Jeff Immelt, who discussed his tenure as head of GE -- a period in which the stock tumbled significantly. Also in focus: Bitcoin pulls back from all-time highs after Elon Musk tweeted that prices for the cryptocurrency "seem high".
2/22/202144 minutes, 7 seconds
Episode Artwork

Squawk on the Street 02/19/21

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
2/19/202144 minutes, 6 seconds
Episode Artwork

GameStop Hearing on the Hill, Deep Freeze, Walmart Worries, Pfizer Vaccine & the South African Virus Variant, Analog Devices CEO on Chip Demand

The “Squawk on the Street” team discusses what can be expected during the GameStop hearing today on Capitol Hill. The House Financial Services Committee is convening at noon to hear from the major players of the story. Set to testify this afternoon, Robinhood CEO Vlad Tenev, Melvin Capital CEO Gabriel Plotkin, Reddit CEO and co-founder Steve Huffman, Citadel CEO Kenneth Griffin and Keith Gill, also known as Roaring Kitty. Plus, keeping a close eye on the deep freeze in Texas that’s going on day 6. The weather has shut about one-fifth of the nation’s refining capacity and closed oil and nat gas production across the state. Oil prices are continuing to rise on fears the freeze could continue for some time. Shares of Walmart falling on an earnings miss. The retailer saying it sees sales growth slowing in the year ahead. A bright side for the big-box retailer? Its e-commerce sales in the U.S. grew by 69% and same-store sales in the U.S. grew by nearly 9%. New thoughts on the South African virus variant that’s continuing to spread. A lab study suggests that the variant may reduce antibody protection from the Pfizer/BioNTech vaccine by two-thirds, and it’s not clear if the shot will be effective against the mutation, the companies said Wednesday. Plus, the “Squawk on the Street” team is joined by the CEO of Analog Devices on the chip supply chain and his company’s results.
2/18/202144 minutes
Episode Artwork

Squawk on the Street 02/17/21

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
2/17/202142 minutes, 33 seconds
Episode Artwork

Stocks Hit Record Highs, Millions Without Power, Crypto Craze: Bitcoin Passes $50,000

The “Squawk on the Street” team discusses the market rally, as stocks continue to build on strong February gains. Energy prices jumping as severe weather hits the south. More than 4 million people were without power in Texas as of Tuesday morning, according to poweroutage.u.s. Plus, the bitcoin craze continues, the cryptocurrency crossing $50,000 for the first time ever. The “Squawk on the Street” team digs through some of the big movers of the morning from CVS to Palantir. Plus, David reports on CoStar making a new competing bid for CoreLogic at $95.76 a share.
2/16/202143 minutes, 1 second
Episode Artwork

Disney Delights, Vaccines Could Be “Game Changer,” The Push into EVs

Carl, Jim and David breakdown the big movers of the morning. Disney delights investors after reporting a big boost in streaming subscribers. Theme park attendance slumped, but was expected due to COVID. Disney CEO Bob Chapek addressed the future of theme parks saying vaccines could be a quote “game changer.” Plus, the crypto craze. Carl, Jim and David discuss why PayPal’s CEO, Dan Schulman told Jim he’s unlikely to invest in cryptocurrencies. Plus, the “Squawk on the Street” gang discuss the EVs outlook, as Morgan Stanley’s Adam Jonas initiates overweight coverage on QuantumScape & Fisker.
2/12/202143 minutes, 18 seconds
Episode Artwork

Next Chapter For The Reddit-Fueled Pot Stock Rally, Bitcoin's Record High And Effect On Payment Stocks, And IPOs: Bumble's Date With Wall Street

Carl Quintanilla, Jim Cramer and David Faber discussed the volatility in cannabis stocks one day after they soared as part of the Reddit trading frenzy. They also took a closer look at Bitcoin's record high and payments stocks after Mastercard announced it is preparing to support cryptocurrencies directly on its network this year. Bumble's IPO also in the spotlight: What to expect from the dating service's public debut. Also in focus: Another record high for the Dow, Uber's quarterly results, the latest on SPACs, and the COVID vaccine rollout: Jim talks about receiving a second shot.
2/11/202144 minutes, 19 seconds
Episode Artwork

New Records For Stocks, Twitter & Coca-Cola Among Earnings Winners, Cisco CEO Exclusive, And Cannabis Joins The Reddit Frenzy

Carl Quintanilla, Jim Cramer and David Faber discussed the stock market setting new record highs one day after the Dow and S&P 500 snapped six-session win streaks. Earnings from the likes of Twitter and Coca-Cola contributed to positive sentiment. In an exclusive, Cisco Chairman & CEO Chuck Robbins joined the program to talk about his company's quarterly results that weighed on the stock -- and where work-from-home trends fit into Cisco's future. Also in focus: Cannabis shares soaring due to the Reddit-fueled frenzy, plus the latest companies to go public via SPAC deals, and new developments involving the potential sale of TikTok.
2/10/202144 minutes, 6 seconds
Episode Artwork

Rallies From Stocks To Oil, The Short Squeeze Effect On The Markets, COVID Vaccines & Restaurants, GameStop's Frenzy: The Videogame Twist, And The Battle Of The EV Stocks

Carl Quintanilla, Jim Cramer and David Faber discussed what's next for stocks with the major indices at record levels -- including reaction to a note out of Citi in which analysts say the short squeeze is seen lifting the S&P 500 further. They also took a closer look at oil prices at 13-month highs, and followed up on the volatility in shares of GameStop and where videogame publishers such as Take-Two Interactive and Electronic Arts fit into the picture. On the COVID front, the vaccine rollout continues as New York Governor Cuomo announces New York City restaurants can resume indoor dining on Friday. Also in focus: General Motors extending production cuts because of a chip shortage, plus SPAC deals and what CEOs of electric vehicle makers are saying about the future for their industry.
2/9/202144 minutes, 31 seconds
Episode Artwork

Markets Making History, GameStop’s Volatility, COVID Vaccinations And Stimulus Watch, Tesla’s Bitcoin Buy, And Super Bowl TV Ads Reaction

Carl Quintanilla, Jim Cramer and David Faber discussed another record-setting day for stocks: The Dow, S&P 500 and Nasdaq hitting all-time intraday highs. The Reddit-fueled frenzy and market volatility remain in the spotlight after GameStop shares plummeted last week. Yields rise on optimism surrounding the $1.9-trillion COVID relief package, as well as the vaccination rollout. Also in focus: Tesla disclosing in an SEC Filing that it has bought $1.5-billion worth of Bitcoin, new developments regarding SPAC deals, plus reaction to Super Bowl television ads from the likes of General Motors and Reddit.
2/8/202144 minutes, 50 seconds
Episode Artwork

Market Records And Volatility, GameStop Soars, White House Reacts To The January Jobs Report, And COVID Vaccines: J&J Seeks Emergency Authorization From The FDA

On a record-setting day for the S&P 500 and the Nasdaq, Carl Quintanilla, Jim Cramer and David Faber discussed market volatility and the Reddit-fueled trading frenzy, with GameStop soaring and recouping some of its steep losses for the week. They also reacted to the January jobs report and explored how soon COVID vaccinations could spur an economic recovery. This as Johnson & Johnson requests emergency use authorization from the FDA for its one-dose vaccine. Council of Economic Advisers member Jared Bernstein joined the program with White House reaction to the jobs data -- outlining the case for passing President Biden's $1.9-trillion COVID relief package. The CEO of luxury electric vehicle startup Lucid Motors also appeared on the show to talk about his company's prospects amid heightened competition -- with Apple as a potential rival.
2/5/202144 minutes, 3 seconds
Episode Artwork

Apple Closer To A Car Deal, Merck CEO To Step Down, And Treasury Secretary Yellen & GameStop Volatility

Carl Quintanilla, Jim Cramer and David Faber led off the show with a story broken by CNBC's Phil LeBeau: Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle. The anchors also discussed the legacy of Merck's Ken Frazier, who is stepping down as CEO after a decade on the job. Frazier will take on the role of executive chairman. The Reddit-fueled frenzy remains on Wall Street's radar: What to expect from Treasury Secretary Yellen's meeting with top financial regulators about the volatility driven by retail trading in GameStop, AMC Entertainment and other stocks. Also in focus: eBay's better-than-expected results and outlook, plus a SPAC backed by Sir Richard Branson taking 23andMe public in a $3.5-billion deal.
2/4/202143 minutes, 14 seconds
Episode Artwork

Bezos To Step Down As Amazon CEO, Upbeat Results From Amazon And Alphabet, GameStop's Volatility, The Frenzy And The View From Reddit's CEO

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at the future for Amazon after Jeff Bezos announced he is stepping down as CEO of the company. Amazon Web Services chief Andy Jassy has been chosen to succeed him in the top job. Bezos will become executive chairman. Carl, Jim and David also discussed blowout earnings from Amazon and Google parent Alphabet. GameStop and the Reddit-fueled frenzy remain in the spotlight: Treasury Secretary Yellen plans to meet with top financial regulators this week, and the anchors reacted to what the CEO of Reddit told Kara Swisher during a New York Times podcast. Also in focus: More earnings winners and losers -- plus M&A news, with Jazz Pharmaceuticals agreeing to buy GW Pharma for $7.2-billion in cash and stock.
2/3/202144 minutes, 8 seconds
Episode Artwork

GameStop Tumbles Again, An Exclusive With The CEOs Of Uber And Drizly, And The Market Rally Gains Steam

Carl Quintanilla, Jim Cramer and David Faber led off the show with latest chapter in the Reddit-fueled market frenzy: GameStop shares plummeting for a second straight day after tumbling more than 30-percent on Monday. AMC Entertainment and the silver trade also taking a hit. Uber has agreed to buy alcohol delivery app Drizly in a stock and cash deal valued at $1.1-billion. The CEOs of both companies appeared on the program exclusively to discuss their deal. Also in focus: Major averages rally after the S&P 500's best one-day performance since November, Pfizer, Exxon Mobil and UPS lead the earnings parade, what to expect from Amazon and Alphabet's quarterly results, and SPAC deals continuing to gain momentum.
2/2/202144 minutes, 20 seconds
Episode Artwork

Reddit-Fueled Market Frenzy: GameStop Volatile While Silver Surges, Who’s Jumping On The SPAC Bandwagon, And A New Trading Month

Carl Quintanilla, Jim Cramer and David Faber led off the first show of February with the latest on GameStop’s wild ride and the short squeeze sparked by Reddit users, who are now fueling a rally in silver, silver stocks and ETFs. This comes as Robinhood continues trading limits and cuts down its list of restricted stocks. The anchors reacted to Goldman Sachs comparing this short squeeze to those over the past 25 years, as well as Senator Elizabeth Warren saying the GameStop frenzy shows that Wall Street is “a rigged game." Also in focus: What to expect from stocks this month -- plus new SPAC deals, including Tilman Fertitta taking Landry's and Golden Nugget public.
2/1/202144 minutes, 6 seconds
Episode Artwork

The Reddit User Rally: GameStop Soars, Robinhood Resumes Trades ... And The SEC Says It Is Reviewing The Volatility

Carl Quintanilla, David Faber and Morgan Brennan kicked off the program by delving into the Reddit user rally: The wild ride continues as shares of GameStop, AMC Entertainment and other names soar after Robinhood lifted some trading restrictions following a backlash from users. The anchors also reacted to comments Robinhood CEO Vlad Tenev made to CNBC, as well as a statement from the SEC saying it is reviewing the recent trading volatility that has led to the meteoric rise of various stocks. Jim Cramer called into the program to offer his perspective on the GameStop frenzy. Also in focus: Earnings and market movers as January comes to a close.
1/29/202152 minutes, 9 seconds
Episode Artwork

GameStop-Reddit Mania: The Long And Short of It -- Plus Reaction To Apple, Facebook And Tesla Earnings

Carl Quintanilla, David Faber and Jon Fortt took an in-depth look at the Reddit effect that's fueling the surge in stocks such as GameStop and squeezing institutional short sellers. Shares of American Airlines joining the wild ride after the carrier posted a quarterly loss. The anchors reacted to what Reddit Co-Founder Alexis Ohanian told CNBC about the frenzy. Robinhood and Interactive Brokers each announcing a restriction in trading of GameStop and other volatile stocks. Earnings from Apple, Facebook and Tesla also in focus. The CEOs of Southwest Airlines and ServiceNow joined the program to discuss their companies' quarterly results and where the pandemic fits into the picture.
1/28/202148 minutes, 59 seconds
Episode Artwork

Squawk on the Street 01/27/21

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
1/27/202149 minutes, 35 seconds
Episode Artwork

Earnings Barrage And Market Reaction, Raytheon CEO On Quarterly Beat, And GameStop's Hot Run Squeezes The Shorts

With the busiest week of earnings season picking up speed, Carl Quintanilla, Jim Cramer and David Faber broke down market reaction to a slew of quarterly reports including results from Johnson & Johnson, 3M, Verizon and General Electric. Raytheon Technologies CEO Greg Hayes joined the program to discuss what drove his company's better-than-expected quarter. The anchors also took a closer look at GameStop's wild ride, continuing stock surge and the $91-billion squeeze it's putting on short sellers. Also in focus: The Elon Musk tweet that gave Etsy shares a boost.
1/26/202144 minutes
Episode Artwork

Froth In The Market, GameStop Won't Stop, The SPAC Frenzy, And Moderna Surges On COVID Vaccine News

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing what to make of the surge in stocks such as short-seller target GameStop, which has more than doubled in one week. The SPAC boom also in focus as deals continue to flood into the market. The anchors reacted to what former Goldman Sachs Chairman & CEO Lloyd Blankfein told CNBC about the SPAC phenomenon. Lots of news on COVID-19 vaccines in the spotlight, including Moderna saying its vaccine is shown to work against emerging variants of the coronavirus. Carl, Jim and David also weighed in on the upcoming Super Bowl and the Tom Brady versus Patrick Mahomes effect on TV ratings and ads.
1/25/202144 minutes, 25 seconds
Episode Artwork

The "I's" Don't Have It: Intel And IBM Slump, Biden's Stimulus Pitch, Yellen & Tax Hikes, And More SPAC Deals

1/22/202144 minutes, 43 seconds
Episode Artwork

The Biden Presidency Begins With A New COVID Vaccine Strategy, GM's New Year Rally, Amazon's Vaccine Overture, And The SPAC Boom Heats Up

The morning after President Biden's inauguration, Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for stocks and the economy, as Wall Street pays close attention to developments surrounding the new president's strategy for ramping up COVID-19 vaccinations. The anchors reacted to Dr. Anthony Fauci's remarks on the U.S. remaining a member of the World Health Organization and joining a global vaccine alliance. They also took a closer look at United Airlines, whose CEO Scott Kirby told CNBC he has "real confidence in the long term" with pent-up demand for travel in wake of the pandemic. Also in focus: General Motors becoming the S&P 500's top-performing stock so far this year, Amazon offering to help the Biden Administration distribute the COVID vaccine nationally, earnings winners and losers, and the latest news involving the SPAC boom.
1/21/202144 minutes, 11 seconds
Episode Artwork

Special Edition: Inauguration Day For Joe Biden

On a special edition of "Squawk on the Street", Carl Quintanilla, Jim Cramer and David Faber spent the hour focusing on what to expect from Joe Biden after he is sworn in as the 46th President of the United States. They explored what he hopes to achieve in the first 100 days of his presidency, the Biden economic team's recovery strategy in wake of the pandemic and what it all means for the markets. The anchors also discussed the big stock market news of the day: Shares of Netflix soaring on news that it surpassed the 200 million subscriber mark during the fourth quarter.
1/20/202143 minutes, 50 seconds
Episode Artwork

Bank Earnings Parade Continues, Yellen Heads To The Hill, And Inauguration Eve: The Biden Agenda

Carl Quintanilla, Jim Cramer and David Faber kicked off a holiday-shortened market week with a look at earnings from Bank of America and Goldman Sachs. They explored what the markets are likely to expect from the confirmation hearing for Treasury Secretary nominee Janet Yellen -- especially when it comes to her message on stimulus. With Wednesday's presidential inauguration in focus, the anchors discussed the Biden agenda, including the push for 100 million COVID vaccinations in the first 100 days of Biden’s presidency, and reports that he is expected to cancel the Keystone XL pipeline permit. Among the big movers: General Motors surging on news that Microsoft is entering a strategic partnership with the automaker’s majority-owned autonomous car unit.
1/19/202144 minutes, 1 second
Episode Artwork

Big Banks Launch Earnings Season, Biden's $1.9T "American Rescue Plan", And A Stellar Week For IPOs

Carl Quintanilla, Jim Cramer and David Faber led off the program with a closer look at big banks kicking off earnings season: Quarterly results out from JPMorgan Chase, Citigroup and Wells Fargo. The anchors also discussed President-elect Biden's $1.9-trillion COVID relief plan and what it could mean for struggling Americans, businesses and the markets. Also in focus: Mobile gaming company Playtika going public with the biggest IPO of 2021 so far -- capping a week in which Affirm and Poshmark shares more than doubled in their respective debuts, while Petco jumped more than 60-percent in its return to the public markets.
1/15/202144 minutes, 32 seconds
Episode Artwork

Post-Impeachment Markets, Biden COVID Relief Watch, Cramer Gets The Vaccine, Twitter CEO on Banning Trump, And Petco CEO On IPO

One day after the House impeached President Trump for a second time, Carl Quintanilla, Jim Cramer and David Faber took a closer look at the market's upward momentum: The Dow hitting a fresh record high as Wall Street awaits President-elect Biden's COVID relief plan. The anchors also discussed developments surrounding the COVID-19 vaccine: Early data on Johnson & Johnson's one-shot coronavirus vaccine, Jim speaks about his experience receiving the vaccine, and BlackRock CEO Larry Fink tells CNBC how soon he believes herd immunity could boost the economy. On the IPO front, The CEO of Petco appeared on the program to discuss his company's return to the public market for the first time in more than a decade. Carl, Jim and David also reacted to Twitter CEO Jack Dorsey's tweets about banning President Trump from his company's platform.
1/14/202146 minutes, 44 seconds
Episode Artwork

Intel CEO To Step Down, Impeachment Vote Watch, Big Tech vs. Parler, And J&J's COVID-19 Vaccine Production Picture

Carl Quintanilla, Jim Cramer and David Faber discussed in-depth the big news that David broke: Bob Swan is stepping down as CEO of Intel after nearly two years on the job. He will be succeeded next month by VMWare CEO Patrick Gelsinger. Intel shares surging on that news. The anchors explored what the CEO change could mean for both Intel and the semiconductor industry. They also harkened back to when Swan told CNBC that he didn't want the CEO job. Also in focus: The House of Representatives preparing to vote on impeaching President Trump for a second time, Amazon responds to Parler's lawsuit as the big tech/social media/free speech battle heats up, Johnson & Johnson's COVID-19 vaccine production falling behind schedule according to a report, Target reporting upbeat holiday sales, and fintech company Affirm's IPO.
1/13/202146 minutes, 34 seconds
Episode Artwork

Markets And The DC Chaos Fallout: Companies Pull Campaign Contributions, Facebook Bans 'Stop The Steal", And An Impeachment Vote Looms

Carl Quintanilla and Jim Cramer discussed a stock market searching for direction in the aftermath of last week's siege on Capitol Hill: The growing list of companies halting contributions to GOP lawmakers who voted against Joe Biden's electoral vote count, Facebook removing content containing the phrase "Stop The Steal", while House Democratic leaders prepare to call a vote this week on impeaching President Trump for a second time. COVID-19 also in focus: The Trump Administration set to issue new guidelines that would expand vaccine eligibility to everyone 65 years of age and older. Carl and Jim reacted to Pfizer CEO Albert Bourla telling CNBC he's confident the company will produce up to two billion doses of coronavirus vaccine this year. The anchors also remembered Las Vegas Sands founder and CEO Sheldon Adelson: The casino mogul and major GOP donor has died at the age of 87.
1/12/202143 minutes, 56 seconds
Episode Artwork

Chaos In Washington, Stocks Under Pressure, Tech Companies Ban President Trump, And The CEO of NYSE Parent ICE Speaks Out

Carl Quintanilla and Jim Cramer explored the pullback in stocks following a positive first week of trading in 2021, which saw the Dow, Nasdaq and S&P 500 close at record highs.Uncertainty between now and Inauguration Day in wake of last week's Capitol riots: Should you buy into the weakness? The anchors discussed the controversy surrounding big tech, social mediaand conservative speech: Amazon suspends Parler after Twitter and Facebook ban President Trump from their platforms. Intercontinental Exchange Chairman & CEO Jeffrey Sprecher and Bakkt CEOGavin Michael joined the program exclusively to talk about Bakkt -- ICE's cryptocurrency marketplace – going public via a SPAC deal. With the chaos in DC still in focus, Sprecher was asked "What needs to be the response to the president and his speech prior to the attack on the Capitol, the legislators who tried to challenge the count, the protesters, the rioters?"
1/11/202146 minutes, 16 seconds
Episode Artwork

Stocks Hit Record Highs...Again, DC Chaos Aftermath, COVID Effect: Jobs Report Disappoints, And Battle of the Mega Caps: Tesla Speeds Past Facebook

Carl Quintanilla, Jim Cramer and David Faber discussed another record-setting day for the markets, with the S&P 500 and Nasdaq hitting new record highs. This as President Trump faces calls for his resignation, impeachment or removal in wake of Wednesday's Capitol riots -- and the US posts 140,000 job losses in December as a resurgence in COVID cases and deaths resulted in new business restrictions. The anchors explored Tesla surpassing Facebook to become the fifth most valuable U.S. company, making CEO Elon Musk the world's richest person. Tech M&A also in focus: A deal involving Cisco gets terminated. Carl, Jim and David reacted to billionaire investor Nelson Peltz telling CNBC he's "sorry" he voted for President Trump in 2020.
1/8/202143 minutes, 56 seconds
Episode Artwork

Business Leaders Speak Out, Congress Affirms Biden's Presidential Win, And The Market Rally Rolls On

Carl Quintanilla, Jim Cramer and David Faber led off the program with an in-depth discussion about an historic moment for democracy in the US: Congress affirming Joe Biden's presidential victory after a pro-Trump mob invaded the Capitol. The anchors reacted to what business leaders such as Apple CEO Tim Cook had to say about democracy and the chaos in Washington -- and explored why markets continue to rally.Former White House Chief of Staff Andy Card joined the program and shared his perspective on the DC chaos and the Biden transition. Also in focus: Facebook and Twitter locking President Trump's accounts in wake of the violence on Capitol Hill. 
1/7/202146 minutes, 57 seconds
Episode Artwork

Georgia Runoff Effect: Stocks And The Senate, Bullish Bet On Tesla, M&A Wednesday, And Delisting Chinese Telecom Stocks: The NYSE Reverses Course... Again

Carl Quintanilla, Jim Cramer and David Faber focused on what's ahead for the stocks after Tuesday's Georgia runoff elections and the possibility of the Democrats taking control of the U.S. Senate: Tech stocks taking a hit while cannabis stocks rally. Jim discussed whether now is the right time to buy bank stocks. The anchors also explored the road ahead for Tesla shares, hitting a new all-time high after Morgan Stanley raised its price target on the stock to a Wall Street-high $810 per share. Also in the spotlight: The NYSE reversing course again and saying it will delist three Chinese telecom companies, plus a busy day for M&A: Walgreens and UnitedHealth each striking deals separately.
1/6/202144 minutes, 1 second
Episode Artwork

The Morning After The Sell-Off, Qualcomm's CEO Change, Gary Cohn's "Big Blue" Move, And Jack Ma's Whereabouts

The morning after the worst opening day of a year for stocks since 2016, Carl Quintanilla, Jim Cramer and David Faber looked at what's ahead for the markets -- especially as people head to the polls in Georgia to vote in runoff elections that will determine which party controls the U.S. Senate. The anchors also discussed management moves in the tech sector: Steve Mollenkopf is retiring as Qualcomm CEO and will be succeeded by company president Cristiano Amon, plus IBM announcing it has appointed Gary Cohn -- the former top economic adviser to President Trump -- as the company's Vice Chairman. Also in focus: David Faber reporting that Alibaba founder Jack Ma is not missing, plus Jim Cramer outlines his investment themes for 2021.
1/5/202144 minutes, 12 seconds
Episode Artwork

Will The 2020 Rally Continue Through 2021?, Vaccine Rollout Effect, Tesla’s Record Run And M&A Monday

On the first trading day of 2021, Jim Cramer and David Faber discussed what to expect from the markets after 2020’s stock rally – plus the role COVID-19 vaccinations could play when it comes to stocks and the economic recovery.They reacted to Former FDA Commissioner Dr. Scott Gottlieb telling CNBC there’s no need to stockpile doses of vaccines. Tesla also in the spotlight: The stock hitting an all-time high on news of the company’s record deliveries in 2020.M&A a major focus, led by news of MGM Resorts’ $11 billion takeover offer for Ladbrokes owner Entain: What does it say about the sports gambling landscape?The CEO of health insurer Centene joined the program to discuss his company’s deal to acquire Magellan Health – and why he’s disappointed about how the COVID vaccine rollout is going.
1/4/202144 minutes, 54 seconds
Episode Artwork

Squawk on the Street 12/30/20

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
12/30/202042 minutes, 55 seconds
Episode Artwork

Squawk on the Street 12/29/20

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
12/29/202042 minutes, 52 seconds
Episode Artwork

Squawk on the Street 12/28/20

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
12/28/202042 minutes, 37 seconds
Episode Artwork

Alibaba Sinks On China Investigation, The Push For $2,000 Stimulus Checks, And Pre-Christmas Winners And Losers

Carl Quintanilla, Jon Fortt and Leslie Picker led off with the big story of the morning: Alibaba shares tumbling on news that the e-commerce giant founded by Jack Ma is the target of a newly launched antitrust investigation by the Chinese government.They also discussed the House Democrats' push to approve $2,000 pandemic aid checks, which failed after Republican lawmakers blocked the unanimous consent effort. Also in focus: The latest on COVID-19 vaccinations, the stock winners and losers heading into the holiday weekend, plus energy as the top performing sector in the fourth quarter, recouping some of its big losses for 2020. Can energy stocks maintain their upward momentum in 2021?
12/24/202042 minutes, 38 seconds
Episode Artwork

Pfizer Stirkes New COVID-19 Vaccine Deal With US, President Trump Sounds Off On Stimulus Bill, And Elon Musk On Selling Tesla To Apple

Carl Quintanilla, Morgan Brennan and Mike Santoli discussed Pfizer and BioNTech announcing that they've struck an agreement with the US government to supply anadditional 100 million doses of their COVID-19 vaccine. The anchors also took a closer look at market reaction to President Trump's criticism of the $900-billion pandemic aid package -- and his demand thatdirect payments for individuals should be increased from $600 to $2,000. Also in focus: Elon Musk's tweet about once trying to sell Tesla to Apple, plus a look at the direction both stocks have taken since the release of a report about Apple's electric car production plans.
12/23/202043 minutes, 8 seconds
Episode Artwork

Apple Jumps On Car Plans Report, Stocks After Monday's Wild Ride, And Big Tech Under Fire

Carl Quintanilla, Jim Cramer and David Faber discussed the surge in Apple shares, extending their gains from Monday on a report that the company plans to enter the electric car market in 2024.The anchors explored what such a development could mean for Tesla. They also discussed what's next for stocks one day after the Dow closed with a gain after erasing a 423-point loss.Also in focus: Google and Facebook reportedly agreed to team up against possible antitrust action, M&A movers led by Peloton's new deal, and Alaska Air ordering new Boeing 737 MAX jets.
12/22/202042 minutes, 55 seconds
Episode Artwork

Rough Start For Stocks, UK COVID-19 Effect, And Treasury Secretary Mnuchin On Pandemic Relief Deal

Carl Quintanilla, Jim Cramer and David Faber discussed a rough morning for stocks: Markets reacting to news of a new strain of the coronavirus resulting in lockdowns throughout the UK, as well as travel restrictions to and from that country.Travel-related stocks taking a hit on those developments, which overshadowed two major stories: Capitol Hill lawmakers reaching an agreement on the $900-billion coronavirus relief package, plus deliveries of Moderna'sCOVID-19 vaccine underway in the U.S. after the FDA authorized it for emergency use. Treasury Secretary Steven Mnuchin joined the program to discuss the new stimulus deal and how passage of aid legislation would help peopleand businesses recover from the pandemic. Also in focus: Tesla's first trading day since joining the S&P 500 and why bank stocks are rallying despite the market pullback.
12/21/202045 minutes, 22 seconds
Episode Artwork

Stocks Making History Again, Palo Alto Networks CEO On Cyberattacks Against The US, And All Things COVID: From Vaccines to Pandemic Aid

Jim Cramer and David Faber discussed another historic day for stocks as all three major indices set fresh record highs. They explored high-flying names such as Tesla, which will open trading onMonday as a new member of the S&P 500. Jim and David also interviewed the CEO of cybersecurity company Palo Alto Networks, discussing the suspected Russian hack and how it could be far worse than feared.Also in focus: Vice President Pence receiving Pfizer's COVID-19 vaccine as Moderna awaits FDA authorization of its own vaccine for emergency use, Capitol Hill lawmakers racing to agree on a pandemic aid package,plus how Apple CEO Tim Cook is striking back at Facebook's criticism of his company's privacy changes.
12/18/202043 minutes, 1 second
Episode Artwork

New All-Time Highs For Stocks, Pandemic Aid Bill Optimism, Vaccine Watch: FDA & Moderna, And Facebook Vs. Apple

Jim Cramer and David Faber discussed a strong morning for stocks which saw the S&P 500 and Nasdaq hit fresh record highs, helped by hopes Capitol Hill lawmakers will soon strike a deal on pandemic aid relief. Also, an FDA panel expected to approve Moderna’s COVID-19 vaccine for emergency use. Jim and David reacted to Dr. Anthony Fauci’s comments at the CNBC “Healthy Returns” conference, talking about coronavirus vaccine availability for the general public. The anchors took a closer look at airline stocks amid reports carriers could be in line for $17-billion in government aid. Also in focus: Facebook taking out full-page newspaper ads attacking Apple’s privacy changes, the winter storm impacting the Northeast, plus an in-depth look at Chinese e-commerce company whose shares have soared more than 700% since it went public earlier in the week: Does it represent the investor euphoria regulators are concerned about?
12/17/202043 minutes, 7 seconds
Episode Artwork

Pandemic Aid Package Watch, Vaccine Rollout Rolls On, And What Nasdaq’s Record Rally Is Telling Us

Carl Quintanilla, Jim Cramer and David Faber stayed on top of developments in Washington, where Capitol Hill lawmakers are trying to strike a deal on a COVID-19 relief package. The anchors also explored the Nasdaq’s record run and its disconnect from how small businesses and others have been struggling during the pandemic. Carl, Jim and David reacted to what HHS Secretary Alex Azar told CNBC about coronavirus vaccine availability.Also in focus: What to expect from Fed Chairman Powell after policymakers wrap up their last meeting of the year, A double downgrade for airline stocks, and trading platform Robinhood under regulatory scrutiny.
12/16/202038 minutes, 35 seconds
Episode Artwork

Covid-19 Vaccine Rollout Effect On Stocks And The Economy, Buffett’s Message To Congress on Stimulus, And Apple Shares Shine On Report

One day after the Dow hit an intraday record high and the S&P 500 extended its daily losing streak to four, Carl Quintanilla, Jim Cramer and David Faber discussed how stocks are reacting to the latest developments surrounding COVID-19 vaccines on the second day of an historic rollout in the U.S. Also, the FDA saying it finds Moderna’s vaccine to be almost 95% effective. The anchors also took a closer look at the push for pandemic relief aid amid restaurant shutdowns and hospitality industry struggles. They also reacted to Warren Buffett telling CNBC the need for Congress to pass an aid package is urgent and that small businesses are “collateral damage” in what he calls “an economic war.” Also in focus: Apple shares jumping on reports it will boost iPhone production in the first half of 2021, Airbnb and DoorDash following last week’s stellar public debuts and whether their stocks are worth buying now, and Snowflake’s lockup expiration.
12/15/202042 minutes, 55 seconds
Episode Artwork

Historic COVID-19 Vaccine Rollout, The Push For A Pandemic Aid Package, And M&A Monday

Carl Quintanilla, Jim Cramer and David Faber led off the program by discussing the start of the largest vaccination campaign in U.S. history as health care workers began receiving Pfizer-BioNTech's COVID-19 vaccine after theFDA authorized it for emergency use. News of the vaccine rollout and optimism surrounding stimulus talks resulting in a strong start for stocks. The anchors also discussed the importance of passing a pandemic relief bill amid a surge incoronavirus cases: The nation's struggling restaurants and the indoor dining ban in New York City in focus. They also explored a big day on the M&A front, led by AstraZeneca's $39-billion deal to buy Alexion Pharmaceuticals.
12/14/202044 minutes, 5 seconds
Episode Artwork

Wrapping Up The Market Week: Stimulus Stalemate Vs. Vaccines, Disney “Streams” Higher, And Airbnb’s Blockbuster Public Debut

Carl Quintanilla, Jim Cramer and David Faber discussed the pullback in markets as worries about an impasse in stimulus talks overshadowed some of the positive news on COVID-19 vaccines.They also took a closer look at Disney: Shares up sharply one day after the company outlined its streaming strategy at its Investor Day event. Also in focus: Airbnb the morning after its blockbuster trading debut with shares more than doubling its IPO price – this after DoorDash’s 85% surge on its own first day of trading Wednesday.The anchors explored those gains as well as recent jumps in shares of companies such as Tesla – and why certain stock surges are reminiscent of 1999.
12/11/202043 minutes, 35 seconds
Episode Artwork

Airbnb CEO On Public Debut, Facebook’s Future=Breakup?, And Countdown to the FDA Decision On Pfizer’s COVID-19 Vaccine

Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing Airbnb’s long-awaited public debut one day after DoorDash soared 85% on its first day for trading. Airbnb Co-Founder & CEOBrian Chesky joined the program in a live interview and spoke about everything from its IPO to the state of the travel industry and how his company is faring amid the pandemic.Carl, Jim and David also explored whether or not a breakup is in Facebook’s future: The FTC and state attorneys general slapping the social media giant with antitrust lawsuits accusing it of anti-competitive practices.Also in focus: The FDA panel meeting ahead of its vote on whether to recommend approval of Pfizer’s COVID-19 vaccine for emergency use.
12/10/202048 minutes, 37 seconds
Episode Artwork

DoorDash's Debut Day, New Record Highs For Stocks, Delta CEO on Travel Demand Amid The Pandemic, And Secretary Mnuchin's Stimulus Message

Carl Quintanilla, Jim Cramer and David Faber led off the program by drilling down on DoorDash's much-anticipated IPO, which priced at $102 per share -- above the expected range. They also spoke with DoorDash Co-Founder & CEO Tony Xu,discussing everything from the IPO to the future of the food delivery company and how it's handling the pandemic. Delta Air Lines CEO Ed Bastian also joined the program to talk about holiday travel and travel demand in wake of COVID-19 andhow soon a vaccine might spark a rebound in passenger traffic. Also in focus: New record highs for the Dow and S&P 500, plus what Treasury Secretary Mnuchin is saying about the White House's stimulus proposal.
12/9/202045 minutes, 26 seconds
Episode Artwork

Big COVID-19 Vaccine News In The US And UK, Tesla's $5B Stock Offering Plan, And The "Worst Streaming Service"

Carl Quintanilla, Jim Cramer and David Faber discussed major developments regarding COVID-19 vaccines and what they could mean for the markets: The FDA said data from Pfizer’s vaccine trials were "consistent" with recommendations put forth by the agency for an emergency use authorization. Also, The UK has begun vaccinating its citizens in an effort to combat the virus. The anchors reacted to Pfizer board member and former FDA Commissioner Dr. Scott Gottlieb telling CNBC that The Trump administration declined "multiple times" to accept Pfizer’s offer to provide the U.S. government with additional coronavirus vaccines. Also in focus: Tesla's $5-billion stock offering plan following a record run-up in its share price, plus why film director Christopher Nolan is ripping the Warner Brothers studio and calling HBO Max "the worst streaming service."
12/8/202043 minutes, 13 seconds
Episode Artwork

New Week After New Record Highs For Stocks, COVID Vaccine Hopes, And The "Apple Effect" On Intel

After a week which ended with stocks hitting all-time highs, Carl Quintanilla, Jim Cramer and David Faber discuss what's next for the markets what's been driving the record run: Good stories from multinational companies, COVID-19 vaccine hopes acting as a "stimulus" for the markets, plus young investors seeing beaten-down shares in the travel industry and others as buying opportunities. The anchors took a closer look at Intel shares falling on a report that Apple is planning a new series of Mac processors aimed at outperforming Intel's fastest chips.Also in focus: A look ahead to this week's DoorDash and Airbnb IPOs, Elon Musk telling close friends he's planning to move from California to Texas, Goldman Sachs reportedly mulling moving one of its key divisions from New York to Florida, and Snowflake CEO Frank Slootman's $108-million monthly payout.
12/7/202042 minutes, 56 seconds
Episode Artwork

Jobs Report Reaction, Stimulus Watch, And What Larry Kudlow Has To Say About It All

Carl Quintanilla, Jim Cramer and David Faber reacted to the November jobs report and explored what the results could mean for stimulus talks and the potential passage of a pandemic relief package. National Economic Council Director Larry Kudlow joined the program and offered White House reaction to the jobs numbers as well as his perspective on relief aid. As COVID-19 cases continue to surge, the anchors discussed Pfizer slashing its vaccine rollout in half for 2020 and reacted to what Pfizer's CEO and Moderna's President told NBC News' Lester Holt about expectations for their respective vaccines. Jim interviewed Ulta Beauty CEO Mary Dillon about her company's quarterly results, the pandemic's impact and Ulta's strategy for the holiday shopping season.
12/4/202045 minutes, 18 seconds
Episode Artwork

The COVID-19 Effect On Markets From Stimulus To A Record Surge In Cases, 3M's Job Cuts, And Goldman's Bullish Call On Tesla

Carl Quintanilla, Jim Cramer and David Faber discussed Wall Street's hopes for passage of a pandemic relief bill: Democratic leaders on Capitol Hill signaled that a $908-billion bipartisan proposalwould be a starting point for negotiations with the White House and Republican leaders. This in wake of COVID-19 cases and deaths in the U.S. set one-day records on Wednesday. The pandemic's impact also resulting in 3M announcing 2,900 job cuts. The anchors reacted to Goldman Sachs hiking its price target for Tesla to a Wall Street high of $780 per share -- and explored thethe following question: At what level are you too bullish on Tesla? Also in focus: The parade of SPACs trading for the first time, stock market winners and losers, plus what Salesforce CEO Marc Benioff said at Dreamforce about his company's acquisition of Slack.
12/3/202043 minutes, 23 seconds
Episode Artwork

After The Tuesday Rally: The U.K. approves Pfizer-BioNTech's COVID-19 Vaccine, The Stimulus Stalemate, And Salesforce's Biggest Acquisition Ever

One day after the S&P 500 and Nasdaq rallied to record closing highs, Carl Quintanilla, Jim Cramer and David Faber discussed The U.K. authorizing Pfizer-BioNTech's COVID-19 vaccine for emergency use.The anchors reacted to Treasury Secretary-Designate Janet Yellen's comments about the urgency of getting pandemic relief for Americans as the Washington stalemate on stimulus continues. Carl, Jim and David also took a closer look atSalesforce acquiring Slack for more than $27-billion and why shares of Salesforce fell sharply on news of the deal. Also in focus: Stock market winners and losers, Walmart's new move to take on Amazon this holiday season, and David Faber reporting that Discovery is partnering with Verizon to launch a streaming service.
12/2/202043 minutes, 6 seconds
Episode Artwork

November Rally=December Momentum?, The Zoom Surge Takes A Detour, And COVID-19: Powell, Mnuchin, Stimulus And Vaccines

On the first trading day of December, Carl Quintanilla, Jim Cramer and David Faber explored what's next for stocks after November's rally, which marked the Dow's best month since 1987 and thebest monthly performance for the S&P 500 and Nasdaq since April of this year. The anchors also previewed what to expect from Fed Chair Powell and Treasury Secretary Mnuchin ahead of their testimonyat a Senate Banking Committee hearing on pandemic relief aid. Also in focus: Moderna and Pfizer-BioNTech applying for their respective COVID-19 vaccines to be approved in the EU, plusZoom Media shares tumbling despite better-than-expected results and guidance -- though the stock remains up more than 500% year-to-date.
12/1/202042 minutes, 40 seconds
Episode Artwork

Moderna Surges On COVID-19 Vaccine News, M&A: The Biggest Deal Of The Year, And Nikola Shares Get Unplugged By GM

On the final trading day of what has been a strong November for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed the latest vaccine developments from Moderna: The company's shares surging on new data showing its COVID-19 vaccine candidate is more than 94-percent effective and was safe. Moderna also says it will ask the FDA to authorize the vaccine for emergency use. On the M&A front: Wall Street data giants S&P Global and IHS Markit agreed to merge in a $44-billion transaction - the biggest deal of the year. Shares of Slack surged on a David Faber report surrounding a potential Salesforce-Slack deal. The anchors also weighed in on shares of Nikola tumbling on news that General Motors will no longer take an equity stake in the electric truck maker. Also in focus: The Biden transition team confirming the former Fed Chair Janet Yellen would be the President-elect's nominee for Treasury Secretary.
11/30/202046 minutes, 12 seconds
Episode Artwork

History-Making Week For Stocks, “Black Friday” And The Holiday Outlook For Retail, COVID-19 Vaccine Watch, And The Electric Vehicle SPAC Sizzle

David Faber, Melissa Lee and Mike Santoli discussed the road ahead for stocks on the final trading day of a week that has seen record highs, adding to a red-hot November for the markets.They also reacted to President Trump saying he’d commit to conceding the election if the electoral college calls the race for President-elect Biden. The anchors also explored what to expect from retail stocks on this “Black Friday” and how names such as Amazon could capitalize on a boost in online shopping this season. Also in focus: Investing in vaccine makers after AstraZeneca defended its COVID-19 vaccine trials. The CEO of electric vehicle battery startup QuantumScape” appeared on the program to discuss its SPAC deal, as shares of electric vehicle SPACs have been surging this month.
11/27/202042 minutes, 57 seconds
Episode Artwork

Dow 30,000 And Beyond, The COVID-19 Effect On Airline Stocks, And Remembering A Presidential Adviser

One day after the Dow closed above 30,000 for the first time ever, Carl Quintanilla, David Faber and Mike Santoli discussed the red-hot November rally and how much upward momentum is in store for stocks, including the surge in electric vehicle names such as Tesla and Nikola. As for COVID-19, the anchors reacted to what President-Elect Biden told NBC Nightly News anchor Lester Holt about vaccine distribution, plus a look at airline stocks and Thanksgiving travel amid the pandemic. Rick Santelli and the anchors shared their memories of Ed Lazear -- The chief White House economic adviser during President George W. Bush's administration died at the age of 72.
11/25/202042 minutes, 48 seconds
Episode Artwork

The "Biden Transition Rally", Yellen As Treasury Secretary?, The COVID-19 Effect, And Elon Musk Keeps Getting Richer

Carl Quintanilla, Jim Cramer and David Faber discussed the rally for stocks on this first trading day since the Trump Administration officially authorized the Biden presidential transition. With President-Elect Biden expected to nominate former Fed Chair Janet Yellen as his Treasury Secretary, the anchors took a closer look at what such a decision could mean for the markets. They also explored a question Jim asked about this rally: "Where are the profit takers?" Also in focus: Vaccines amid the continuing surge in COVID-19 cases, retail earnings ahead of "Black Friday," and Tesla's Elon Musk becoming the world's second-richest person. The CEO of Medtronic appeared on the program to the discuss his company's earnings and the effect the pandemic had on the company’s results.
11/24/202042 minutes, 47 seconds
Episode Artwork

COVID-19 Vaccine Optimism, Business Leaders' Message To President Trump, And Retail Stocks' Big November Rally

Kicking off a holiday-shortened week for the markets, Jim Cramer and David Faber highlighted the latest vaccine news to lift stocks: AstraZeneca announced that its COVID-19 vaccine being developed in conjunction with Oxford University was up to 90 percent effective with no serious side effects in a clinical trial. The anchors explored the push to develop and execute a game plan to distribute vaccines in the U.S. They also discussed whether now's the time to buy pharmaceutical stocks, plus what to make of this month's retail stock surge heading into the holiday shopping season.Also in focus: More prominent business leaders including Blackstone CEO Stephen Schwarzman calling on President Trump to accept the election results and begin the transition.
11/23/202042 minutes, 24 seconds
Episode Artwork

Treasury Secretary Mnuchin On The Fed And Stimulus, "Operation Warp Speed" Chief Advisor On The Pfizer-BioNTech COVID-19 Vaccine, And SiriusXM's Incoming CEO

Jim Cramer and David Faber interviewed Treasury Secretary Steven Mnuchin about his decision to allow several of the Fed’s emergency lending programs to expire on December 31.They also discussed everything from the nationwide spike in COVID-19 cases and its impact on the economy to the status of stimulus talks with Speaker Pelosi.Dr. Monclef Slaoui -- the chief advisor for the government's "Operation Warp Speed" initiative -- weighed in on Pfizer and BioNTech requesting emergency authorization from the FDAfor their COVID-19 vaccine. SiriusXM's Incoming CEO Jennifer Witz spoke to David and Jim about the future of the satellite radio service and Howard Stern's contract.
11/20/202054 minutes, 34 seconds
Episode Artwork

COVID-19 Worries Pressure Stocks, Presidential Transition: The Business Community Speaks Out, Exclusive With Media Mogul John Malone, And GoodRx Co-CEO Reacts To Amazon Pharmacy

Carl Quintanilla, Jim Cramer and David Faber discussed the Dow and S&P 500 extending Wednesday's losses on worries about COVID-19, with deaths surpassing 250,000 in the U.S. -- and therecent surge in cases resulting in lockdowns. The anchors also took a closer look at a push by business leaders and industry groups urging the White House to work with President-Elect Biden's transition team despite President Trump challenging the election results. David spoke exclusively with legendary media mogul and Liberty Media Chairman John Malone, who offered his take on everything from stimulus and the economic recovery to streaming and the direct-to-consumer landscape. GoodRx Co-CEO Doug Hirsch appeared on the program. The company's shares have tumbled since Amazon announced the launch of its own online pharmacy.
11/19/202042 minutes, 38 seconds
Episode Artwork

FAA To Boeing: 737 MAX Can Return To The Skies, Dow 30,000 Watch, Retail Earnings Parade, And A Chevron CEO Exclusive

With the Dow looking to reach the 30,000 mark, Carl Quintanilla, Jim Cramer and David Faber discussed big news involving Boeing: The FAA approved the return of the company's long-grounded 737 MAX jet to service. They explored what this decision means for Boeing as well the airlines that have been struggling due to the pandemic. Also in focus: Retail earnings from the likes of Target and Lowe's ahead of the holiday season -- plus how the markets might be affected if President Trump refuses to leave the White House. Also hear who JPMorgan Chase CEO Jamie Dimon accused of exhibiting "childish behavior.” In an exclusive interview, Chevron Chairman & CEO Michael Wirth spoke about his company's growth strategy and engaged in a spirited discussion with Jim and David about drilling in the Arctic National Wildlife Refuge.
11/18/202046 minutes, 1 second
Episode Artwork

Amazon’s Drug Store, The COVID Consumer, And Musk’s Billions

Carl Quintanilla, Jim Cramer and David Faber discuss Amazon’s latest move into the pharmacy space, offering online prescription fulfillment & free delivery for Prime members. The launch of Amazon Pharmacy pressuring shares of traditional drug store retailers like Walgreens (WBA) & CVS Health (CVS) Rite Aid (RAD), as well as pharmacy start-ups like GoodRX (GDRX). Plus, watching retail and the COVID consumer, key reports from Walmart, Home Depot & Kohl’s, stocks pull back a day after setting new records. And Elon Musk’s billions, on track to become the world’s 3rd richest person as Tesla gains a spot in the S&P 500. Tesla among the highest-valued companies ever the enter the benchmark index.
11/17/202043 minutes, 3 seconds
Episode Artwork

Moderna COVID-19 Vaccine News Sparks Market Rally, Dow 30,000 Watch, And In M&A: A $11.6B Banking Deal

Carl Quintanilla, Jim Cramer and David Faber discussed a big start to the week for the markets: The Dow and S&P 500 rally after drug maker Moderna announced that preliminary analysis of a phase 3 trial showed its experimental COVID-19 vaccine had an efficacy rate of 94.5-percent and saw no significant safety concerns. The Moderna news putting the Dow closer to hitting the 30,000 mark for the first time ever while giving a boost to travel, leisure and restaurant stocks -- but putting pressure on "stay-at-home" stocks such as Zoom Media and Peloton. The anchors also took a closer look at today's M&A developments, including PNC agreeing to buy the U.S. unit of Spain's BBVA for $11.6 billion in cash. The deal is the second-biggest U.S. banking transaction since the 2008 financial crisis, trailing only last year’s acquisition of SunTrust Banks by BB&T for $28.2 billion, which resulted in the creation of Truist Financial.
11/16/202051 minutes, 59 seconds
Episode Artwork

Stocks Rebound, Disney Jumps On Q4 Results, Cisco CEO On Earnings Beat, And Doordash Files For An IPO

Carl Quintanilla and Jim Cramer discussed how stocks are rebounding after Thursday’s sell-off. The anchors spoke about market reaction to NBC News and other news outlets calling Arizona for President-Elect Joe Biden. They also highlighted the importance of drug makers providing guidance as to when COVID-19 vaccines and treatments might become available to the public. One of the top stories: Disney’s better-than-expected quarterly results. Carl and Jim reacted to what Disney CEO Bob Chapek said on his company’s earnings call about Disney+ subscriber growth -- and California refusing to allow the re-opening of Disneyland in wake of the pandemic. Cisco CEO Chuck Robbins appeared on the program to discuss his company’s stronger-than-expected earnings and how it is benefiting from work-at-home trends. Also in focus: Delivery service Doordash filing for an IPO.
11/13/202042 minutes, 46 seconds
Episode Artwork

Surge in COVID-19 Cases Impacts The Markets, Airline Shares Under Pressure, Stay-At-Home Stocks Rebound

Carl Quintanilla, Jim Cramer and David Faber discussed the big spike in COVID-19 cases putting pressure on the Dow and S&P 500. The anchors explored everything from how soon vaccines might become available to complacency among the public and where lockdowns could come into play. Also in focus: Airline stocks under pressure after Southwest said it recently experienceda deceleration in improving revenue trends. "Stay-at-home" stocks including Zoom Media were among the bright spots, rebounding after positive vaccine news sent them tumbling earlier in the week.The Co-Founder and Co-CEO of online prescription drug platform "GoodRx" appeared on the program to discuss the company's first quarterly report since going public in September.
11/12/202042 minutes, 41 seconds
Episode Artwork

Can The Rally Continue?, The COVID-19 And Vaccine Effect On Stocks, And A Tough Day For Alibaba And Chinese Stocks

Carl Quintanilla, Jim Cramer and David Faber discussed the road ahead for stocks and whether they can maintain their upward momentum. The anchors reacted to a new note from Goldman Sachs Chief U.S. Equity Strategist David Kostin, who is raising his year-end S&P 500 price target to 3,700. They also explored buying strategies when it comes to value versus growth and where COVID-19 and vaccines come into play. Also in focus: President Trump’s refusal to concede the 2020 election and what that means for the markets, Alibaba shares falling after Chinese regulators drafted anti-monopoly guidelines, and what’s driving a strong session for chip stocks.
11/11/202047 minutes, 33 seconds
Episode Artwork

Morning After The Mega-Rally, Lilly's COVID-19 Antibody Treatment Gets FDA Emergency Approval, And An Exclusive With McDonald's CEO

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for stocks one day after the Dow, S&P 500 and Nasdaq each surged to record intraday highs. They explored the concept of buying value and selling growth -- and which stocks went from "cheap to overvalued" during Monday's rally. The anchors also reacted to what Eli Lilly CEO David Ricks told CNBC after the FDA authorized the company's COVID-19 antibody treatment for emergency use.In a CNBC Exclusive, McDonald's CEO Chris Kempczinski told Carl what Monday's news about Pfizer's COVID-19 vaccine candidate could mean for the fast-food giant. He also discussed the company's forthcoming plant-based burger called the "McPlant" and why he believes such products are here to stay. 
11/10/202042 minutes, 45 seconds
Episode Artwork

Stocks Make History: All-Time Highs For Dow, S&P 500

On the first trading day since Joe Biden was declared President-Elect, Carl Quintanilla, Jim Cramer and David Faber discussed a record-setting day for stocks. The Dow and S&P 500 each soaring to all-time intraday highs in reaction to Pfizer and BioNTech announcing that their COVID-19 vaccine candidate was found to be more than 90-percent effective in participants who were not previously infected. That news fueling hopes of a faster economic recovery and surges in airline, cruise line, bank and credit card stocks -- as well as shares of companies that operate theme parks including Disney. On the flip side, Biogen was the worst performer on the S&P 500, losing almost a third of its value after its Alzheimer's drug failed to win support from an FDA panel. Also, so-called "stay-at-home" stocks such as Zoom Media took a hit in reaction to the Pfizer vaccine news.
11/9/202052 minutes, 28 seconds
Episode Artwork

Squawk On The Street 11/06/20

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
11/6/202043 minutes, 8 seconds
Episode Artwork

Squawk On The Street 11/05/20

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
11/5/202038 minutes, 54 seconds
Episode Artwork

The Morning After Election Day: Stocks Rally But Still No Winner In The Race For The White House

Carl Quintanilla, Jim Cramer and David Faber were all over the stock market's rally in reaction to Tuesday night's election results, which showed that neither President Trump nor his Democratic rival Joe Biden had secured enough electoral votes to win the presidency -- and that ballot counting would continue in several battleground states. The anchors explored what the presidential and congressional races could mean for the markets, including stocks in the health insurance sector -- the best post-election performer. Also on the election front: Uber and Lyft shares dramatically higher after California voters approved Proposition 22, which allows both companies and other "gig economy" firms to classify workers as independent contractors rather than employees.
11/4/202043 minutes, 6 seconds
Episode Artwork

Election Day Rally On Wall Street

Throughout the hour, Carl Quintanilla, Jim Cramer and David Faber discussed an Election Day surge for stocks, as investors bet on a presidential election victory for Joe Biden and Democratic control of both houses of Congress -- hoping such an outcome would make passage of a generous stimulus package more likely. As fort the rise in coronavirus, Carl, Jim and David reacted to former FDA Commissioner Dr. Scott Gottlieb telling CNBC he sees the death toll going "well above 1,000 for a sustained period of time." Also in focus: A big story out of China - The Shanghai and Hong Kong stock exchanges suspended Ant Group's record $34.5-billion IPO, one day after regulators met with Ant controlling shareholder and Alibaba founder Jack Ma. The anchors took a closer look at what this development means for the blockbuster IPO and U.S.-listed Chinese stocks such as Alibaba and JD.com.
11/3/202043 minutes, 33 seconds
Episode Artwork

A Morning Rally to Start November With Election Day Just One Day Away

As we begin a new trading month, Carl Quintanilla, Jim Cramer and David Faber discussed a big rebound for stocks after the worst week for the markets since March. The anchors explored what impact Tuesday night's presidential election could have on certain sectors from healthcare to banking. The surge in coronavirus cases also in the spotlight afterUK Prime Minster Boris Johnson announced over the weekend a second lockdown in his country. Also in focus: Dunkin' Brands agreeing to be acquired by Arby’s owner Inspire Brands for $8.8 billion in cash or $106.50 per share, Ant Group's mega-IPO and the recent surge in U.S. stocks with exposure to China, and businesses bracing for potential unrest following results of Tuesday's presidential election.
11/2/202043 minutes, 8 seconds
Episode Artwork

Big Tech Earnings Reaction, Bulls To October: "Good Riddance!", and Starbucks CEO's Outlook

Carl Quintanilla, Jim Cramer and David Faber discussed a rough October for stocks with the Dow on pace for its worst monthly performance since March. Thursday’s earnings reports from big tech companiessuch as Apple, Amazon, Facebook dragging down the markets, with election uncertainty and a spike in coronavirus cases also weighing on investor sentiment. The anchors also reacted to quarterly results from U.S. oil majors Chevron and Exxon Mobil. Starbucks CEO Kevin Johnson joined the program to talk about ahis company's better-than-expected earnings and why he expects sales to rebound in 2021 from lows hit during the pandemic. Also, Fisker CEO Henrik Fisker spoke about the future for the electric vehicle maker as it debuts on the NYSE.
10/30/202046 minutes, 28 seconds
Episode Artwork

Morning After The Big Market Sell-Off, CEOs On Earnings, And Luxury M&A

With stocks coming off their worst day since June, Carl Quintanilla, Jim Cramer and David Faber looked at what's ahead for the markets after Wednesday's big sell-off, with rising coronavirus casesand next week's presidential election on investors' radar. On the earnings front: The CEO Yum Brands -- The parent of KFC, Taco Bell and Pizza Hut -- discussed the company's better-than-expectedquarterly results and record digital sales amid the pandemic. The CEO of ServiceNow also joined the program after the software company's revenues beat analyst estimates -- the stock has doubled over the pasttwelve months. Also in focus: GDP surging by 33.1% in the 3rd quarter after a 31.4% drop in Q2, United Airlines expanding its free COVID-19 testing program for passengers, and Tiffany agreeing to be acquired byLVMH for $15.8-billion -- slightly lower than the price they agreed to last year.
10/29/202043 minutes, 39 seconds
Episode Artwork

Market Sell-Off, Earnings Deluge And Big Tech In The Spotlight

Carl Quintanilla, Jim Cramer and David Faber offer analysis of Wednesday's sell-off on Wall Street, with a surge in coronavirus cases pressuring stocks and adding to uncertainty about an economic recovery.Another big earnings day as well: Boeing CEO David Calhoun and General Electric Chairman and CEO Larry Culp join the program to discuss their companies' quarterly results.Big tech also in focus: The anchors react to Microsoft's earnings and outlook -- and preview the Capitol Hill hearing where Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey and Alphabet CEOSundar Pichai are set to testify before a Senate panel and defend the "Section 230" legal liability shield as well as their companies' methods for moderating content on their platforms.
10/28/202052 minutes, 48 seconds
Episode Artwork

$35B Chip Deal, Earnings Parade And Markets After Monday’s Sell-Off

Carl Quintanilla, Jim Cramer and David Faber led off the show by drilling down on the deal of the day: AMD agreeing to acquire rival chip maker Xilinx for $35-billion in stock.They spoke exclusively with AMD CEO Lisa Su, who explained how the deal fits into the company's growth strategy and will help it generate scale versus its competitors.A busy earnings calendar also in focus this morning, led by drug makers Merck and Eli Lilly as well as Dow components Caterpillar and 3M. This all coming after Monday's market sell-off, sparked bya record surge in coronavirus cases and a standoff in stimulus talks.
10/27/202043 minutes, 6 seconds
Episode Artwork

Market Sell-Off: Coronavirus Worries, Stimulus Stalemate, Earnings Effect & M&A

Carl Quintanilla, Jim Cramer and David Faber took a closer look at a rough morning for stocks: Worries on Wall Street about rising coronavirus cases around the globe and a continued stalemate in the U.S. surrounding stimulus talks.Among the big movers: German software company SAP tumbles on weaker-than-expected quarterly results and full-year guidance, hurt by lockdowns due to the pandemic. As for Dunkin' Brands, the parent of Baskin-Robbinsand the former Dunkin' Donuts soaring after confirming it is in talks to be acquired by private equity-backed Inspire Brands -- which owns restaurant chains including Arby's, Buffalo Wild Wings and Sonic.Also in focus: What's next for Astrazeneca and Johnson & Johnson now that they have resumed late-stage trials for their COVID-19 vaccines.
10/26/202042 minutes, 55 seconds
Episode Artwork

The Markets, Final Presidential Debate, FDA Approves First Treatment For COVID-19 And Intel Tumbles

Carl Quintanilla, Jim Cramer and David Faber explored a number of issues on Wall Street's radar: The second and final presidential debate of the 2020 election - including reaction to President Trump's vaccine timeline, Gilead shares rising after its antiviral remdesivir became the first drug to receive FDA approval for treatment of COVID-19, and Intel shares tumbling after weakness in the chip maker's data center business impacted quarterly results.Also in focus: Apple's new iPhone 12 hitting stores in China and what to expect from sales of the device in the U.S., plus the stock winners and losers to cap what has been a busy week on the earnings front.
10/23/202043 minutes, 3 seconds
Episode Artwork

Earnings Parade: Southwest, Dow and Whirlpool CEOs ... Plus 5 In A Row For Tesla

Carl Quintanilla, Jim Cramer and David Faber discussed a big morning on the earnings front, including Tesla reporting a fifth consecutive quarterly profit and AT&T posting better-than-expectedrevenue, helped by stronger wireless growth and subscriber numbers for HBO and HBO Max. The CEOs of Southwest Airlines, Dow Inc. and Whirlpool appeared on the program to discuss theirquarterly results and how their respective companies are navigating the pandemic. Also in focus: Streaming service Quibi announcing it is shutting down six months after its launch.
10/22/202043 minutes, 43 seconds
Episode Artwork

Snap Soars, Netflix Slumps, Verizon CEO On Earnings, 5G and Apple

Carl Quintanilla, Jim Cramer and David Faber led off with a look at tech earnings, with shares of Snapchat parent Snap Inc. soaring on a surprise quarterly profit, as well as stronger-than-expected revenue and user growth.A different story for Netflix: Shares slumping on weaker-than expected subscriber growth and its worst earnings miss in the company's history. The anchors also reacted to what Snap CEO Evan Spiegel and Netflix Co-CEO Reed Hastings had to say on their respective earnings calls about competition in wake of the pandemic. Verizon CEO Hans Vestberg appeared on the program to discuss the Dow component's better-than-expected earnings, the company's 5G strategy and how it stands to benefit from Apple's new iPhone 12.
10/21/202051 minutes, 42 seconds
Episode Artwork

DOJ Vs. Google, Earnings Movers And Stimulus Deadline Watch

Carl Quintanilla, Jim Cramer and David Faber led off with an in-depth discussion about the Department of Justice filing an antitrust lawsuit against Google -- what this could mean for the company, shares of Alphabet and regulating big tech.The anchors also focused on the markets rising on hopes Speaker Pelosi and the White House will reach a deal on a stimulus package with hours to go before the deadline she set. Also in the mix: Procter & Gamble's better-than-expected quarterly results and what they indicate about the consumer amid the pandemic, reviews of the new Apple iPhone 12, and an interview with the CEO of grocery store operator Albertsons about its earnings report and strategy for managing business in the age of COVID-19.
10/20/202042 minutes, 47 seconds
Episode Artwork

The Markets, Stimulus Deal Deadline, Big Oil M&A And Earnings Week Preview

Carl Quintanilla, Jim Cramer and David Faber discussed a new week for stocks as Wall Street remains on stimulus watch, with Speaker Pelosi setting a 48-hour deadline for reaching an aid deal with the White House. The anchors explored the challenges facing restaurants, airline and movie theaters in wake of the pandemic. On the M&A front, The CEO of ConocoPhillips appeared on the program to discuss the oil major's deal to acquire Concho Resources for $9.7-billion in stock. Carl, Jim and David also discussed what's this week's raft of earnings could mean for the markets. Also in the mix: Reaction to a top Apple analyst who says the company's first-day pre-orders for iPhone 12 surpassed the iPhone 11, plus a look at back at the 1987 stock market crash on the anniversary of "Black Monday."
10/19/202043 minutes, 6 seconds
Episode Artwork

Retail Boost for Stocks, Stimulus Progress, No Vaccine Till After Election

Carl Quintanilla, David Faber and Leslie Picker discussed today’s stock rally, looking to snap a 3-day losing streak as September retail sales surprise to the upside. Plus shares of Pfizer rally, the drug maker saying it sees an emergency use filing for its COVID-19 vaccine only after the U.S. election. And stimulus stalemate: Speaker Pelosi and Treasury Secretary Mnuchin citing progress in talks while President Trump says Senate Republicans will fall in line if a deal is reached.  
10/16/202042 minutes, 41 seconds
Episode Artwork

Double Whammy: Stimulus Stalemate and "2nd Wave" Virus Fears Hit Markets

Carl Quintanilla, Jim Cramer and David Faber discussed a rough morning for stocks As worries about an impasse in the stimulus talks and worries about a coronavirus "2nd Wave" spark a sell-off on Wall Street. They also explored what the negative market sentiment would mean for this year's high-flying stocks including Zoom Media, Peloton and Fastly. Bank earnings also on the front burner, including better-than-expected quarterly results from Morgan Stanley. Carl, Jim and David also reacted to a New York Times report which said private White House briefings on the coronavirus led hedge funds to bet against the market in February. Also, a look back at Jim Cramer's February interview with David Tepper on COVID-19 and the markets. Tepper was mentioned in the NYT story.Also in focus: Tiffany's preliminary August and September results and what Walmart CEO Doug McMillon told CNBC about the state of the consumer amid the pandemic.
10/15/202042 minutes, 54 seconds
Episode Artwork

The Markets, Bank Earnings Parade And Apple After The Big Product Launch

Carl Quintanilla, Jim Cramer and David Faber discussed another big day of bank earnings, with Bank of America, Goldman Sachs and Wells posting results before the beginning of trading -- as stocks look to rebound after snapping a four-day win streak. COVID-19 also in focus with Eli Lilly becoming the latest drug maker to pause its trial of a coronavirus antibody-based treatment. Carl, Jim and David also took a closer look at Apple's product launch featuring the iPhone 12 and other new devices that support 5G. The anchors explored what the big unveil means for Apple's stock as well as wireless phone service providers such as Verizon. 
10/14/202043 minutes, 22 seconds
Episode Artwork

The Markets, Earnings Season Kicks Off, And A Big Day For Apple And Amazon

As stocks entered the morning with a four-day win streak, Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the markets with earnings season getting underway. The anchors took an in-depth look at better-than-expected results from JPMorgan Chase and Citigroup as well as the challenges facing both banks. Plus, Johnson & Johnson's earnings were overshadowed by the company pausing a clinical trial of its COVID-19 vaccine. In an exclusive interview, the CEO of Delta Airlines discussed the carrier's wider-than-expected losses as his industry struggles amid the pandemic and hopes for an aid package from Congress. Also in focus: A big day for tech as Apple gears up for its product event and Amazon's "Prime Day" gets underway.
10/13/202043 minutes, 42 seconds
Episode Artwork

The Markets, Stimulus Standoff and Countdown to Bank Earnings

Carl Quintanilla, Jim Cramer and David Faber discussed the upward momentum for stocks as we begin a new trading week. The anchors previewed what to expect from this week's bank earnings, with the first results due out Tuesday. They also took a closer look at the stimulus stalemate as talks between Capitol Hill Democrats and the White House on COVID-19 aid relief reach an impasse. Also on the coronavirus front: The moves in stocks such as Regeneron and Lilly, whose antibody cocktails remain in the spotlight.Carl, Jim and David also analyzed this morning's calls by Wall Street firms initiating coverage of cloud company Snowflake. The stock has more than doubled its September IPO price of $120.
10/12/202043 minutes, 33 seconds
Episode Artwork

Chip Sector M&A, The Markets On Stimulus Watch and COVID-19 Treatment Developments

Carl Quintanilla, Jim Cramer and David Faber discussed the big corporate story of the day: Chipmaker AMD reportedly in advance talks to buy Xilinx in a deal that could be worth more than $30-billion. The anchors explored what such a transaction could mean for the semiconductor sector and where China fits into the mix. Markets also paying close attention to Speaker Pelosi, Treasury Secretary Mnuchin and the state of stimulus talks -- with Senate Majority Leader Mitch McConnell saying another coronavirus aid package is needed. Also on the COVID-19 front: Carl, David and Jim weighed in on comments by the CEO of Gilead Sciences, which released final data from a study of its remdesivir anti-viral treatment. The study showed that the drug cut recovery time by five days compared to patients who received a placebo.
10/9/202043 minutes, 29 seconds
Episode Artwork

The Markets, Stimulus and COVID-19 Treatment Optimism, IBM Spin-Off, and M&A

Carl Quintanilla, Jim Cramer and David Faber discussed an upbeat morning for stocks, rising on hopes Congress will approve a stimulus package -- with President Trump saying that aid talks are beginning to work out. News on coronavirus treatments also adding to positive sentiment: Regeneron and Lilly shares among the gainers as both companies have requested that the FDA authorize their COVID-19 antibody cocktails for emergency use. The anchors also interviewed IBM CEO Arvind Krishna and Executive Chairman Ginni Rometty about the company's plan to spin off its I-T infrastructure unit and what that move would mean for the Dow component's cloud strategy. Also in focus: Morgan Stanley's deal to acquire Eaton Vance for $7-billion in cash and stock.
10/8/202043 minutes, 29 seconds
Episode Artwork

Stock Market Rebound, President Trump's Messages On Stimulus, and Big Tech Under Fire

Carl Quintanilla, Jim Cramer and David Faber discussed the big rebound in stocks after President Trump tweeted that he would approve a series of coronavirus relief measures -- a change from Tuesday when stocks fell sharply after the president tweeted the White House would halt stimulus talks with Democrats. The anchors took an in-depth look at the airline industry as it hopes to benefit from a standalone aid bill. They also focused on Capitol Hill's scrutiny of big tech companies, as Democrats on the House Judiciary Subcommittee on Antitrust put out a report saying Facebook, Apple, Amazon and Alphabet enjoy "monopoly power" that needs to be curbed by changing antitrust laws. 
10/7/202043 minutes, 21 seconds
Episode Artwork

Morning After The Rally, President Trump and COVID-19, Biden’s Town Hall and Stimulus Talks

With the Dow coming off its best day since July, Carl Quintanilla, Jim Cramer and David Faber discussed the road ahead for stocks as Wall Street pays close attention to COVID-19, President Trump's health, and the push for treatments and vaccines. The anchors react to the president removing his mask upon returning to the White House from the hospital Monday night, as well as what Democratic presidential candidate Joe Biden had to say about it at last night's NBC Town Hall. Also in focus: Stimulus talks and the chances of a coronavirus aid package being approved by Capitol Hill lawmakers, Biden defending his tax plan and responding to voters concerned about socialism, and Southwest CEO Gary Kelly telling CNBC he believes his airline can avoid layoffs and furloughs, as it asks employees to accept pay cuts in wake of the pandemic.
10/6/202043 minutes, 5 seconds
Episode Artwork

A New Market Week, President Trump’s COVID-19 Recovery Status, Pharma M&A And The Virus’ Impact On The Movie Theater Industry

Carl Quintanilla, Jim Cramer and David Faber focused on stocks' positive start to a new week of trading, Wall Street hoping that President Trump is recovering from COVID-19 and that the stimulus talks will result in Congress passing a relief bill.They also discussed the CEO of Regeneron telling CNBC that he hopes the company's antibody cocktail will help President Trump recover from COVID-19. The virus continuing to impact the movie theater industry as Regal Cinemas decides to suspend operations at its U.S. theaters. M&A in the spotlight as Bristol-Myers agrees to acquire drug maker MyoKardia in a $13-billion deal.
10/5/202043 minutes, 7 seconds
Episode Artwork

President Trump Testing Positive for COVID-19, Market Reaction & The September Jobs Report

Carl Quintanilla, Jim Cramer and David Faber focused on the big story of the day: President Trump testing positive for COVID-19 and the market's negative reaction to that news. They discussed its impact on the road ahead for stocks, the stimulus talks, reopening plans across the nation, the presidential election and the Supreme Court nomination schedule. Also in the spotlight: The Labor Department's final monthly jobs report before Election day, which showed a decline in the unemployment rate but slower-than-expected job growth in September.
10/2/202046 minutes, 31 seconds
Episode Artwork

Fourth Quarter Market Preview, Stimulus Talks in DC and Palantir’s Second Day As A Public Company

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the stock markets in the 4th quarter after coming off their best quarter since 2017. This as Wall Street pays close attention to the stimulus talks in Washington, with airlines announcing furloughs since Congress has yet to strike a deal on a COVID-relief package. The anchors also took a closer look at Palantir one day after its high-profile public debut and what it means for direct listings. Also in focus: The coronavirus impact on the NFL and media companies as the Titans-Steelers game is postponed to a later date because some players have tested positive for COVID. Plus, reaction to news that a Senate panel has voted to subpoena the CEOs of Facebook, Alphabet and Twitter.
10/1/202043 minutes, 10 seconds
Episode Artwork

Markets After The Presidential Debate, Treasury Secretary Mnuchin Interview & Palantir Goes Public

Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to Tuesday night's presidential debate and what's at stake for stocks. That was followed by CNBC and Institutional Investor's "Delivering Alpha" conference: Becky Quick conducted a live interview with Treasury Secretary Steven Mnuchin about the economy and the COVID-19 stimulus talks. Carl, Jim and David offered their reactions to Mnuchin's comments. They also previewed Palantir's much-anticipated direct listing and public debut. Jim interviewed Regeneron's Chief Scientific Officer after the drug maker said its experimental COVID-19 treatment was effective in treating early-stage illness, improving symptoms and reducing virus levels in patients who were not hospitalized.
9/30/202045 minutes, 32 seconds
Episode Artwork

Stimulus Talks, Morning After The Rally & LVMH-Tiffany Merger Feud

Carl Quintanilla, Jim Cramer and David Faber discussed in-depth the COVID-19 stimulus talks and the Democrats' new $2.2-trillion coronavirus aid package and how the impasse in the talkshas taken a toll on businesses such as restaurants and the push to revive the economy. They also explored the road ahead for stocks after Monday's rally. M&A also in the spotlight, with LVMH countersuing toTiffany in an effort to abandon their $16-billion merger agreement.
9/29/202043 minutes, 9 seconds
Episode Artwork

Stocks Rally, Stimulus Watch & TikTok Pause

Carl Quintanilla, Kelly Evans & Mike Santoli discuss the Monday rally for stocks, building on Friday’s sharp gains as the Dow and S&P look to snap their first 4-week losing streak of 2020. Plus signs for stimulus optimism, Speaker Pelosi saying there’s a chance for a deal with Treasury Secretary and the White House. And a pause for TikTok, why a U.S. judge sided with Bytedance and block the Trump Administration’s planned app download ban.
9/28/202043 minutes, 23 seconds
Episode Artwork

September Slide, Vaccine Optimism & Stimulus Talks Back On Table

Jim Cramer and David Faber discuss Wall Street’s tough September, stocks on pace for their fourth straight weekly loss, for the first time in more than a year. Plus signs of hope for a COVID-19 vaccine, Novavax starting a phase 3 trial & Sanofi predicting one billion doses produced globally by early next year. And House Democrats preparing a new $2.4 trillion stimulus plan with unemployment aid, direct payments.
9/25/202042 minutes, 49 seconds
Episode Artwork

September Stock Slump, Q4 Growth Concerns & COVID Testing for Airlines

Jim Cramer and David Faber discuss the September slump for stocks, volatility continuing as wall street seeks to recover from the worst sell-off in 2 weeks. Goldman Sachs cuts its Q4 GDP outlook amid diminished hopes for a DC stimulus deal. Plus wild swings for shares Nikola continuing, the electric truck maker downgraded to sell at Wedbush. And United Airlines becoming the first major U.S. airline to offer rapid COVID-19 tests for some passengers, what this could mean for the industry as a whole.
9/24/202045 minutes, 28 seconds
Episode Artwork

J&J Starts Phase 3 COVID-19 Vaccine Trial, Nike Surges On Earnings, Tesla “Battery Day” Reaction, and Southwest Airlines CEO

Carl Quintanilla, Jim Cramer and David Faber discussed news out of Johnson & Johnson. The company's COVID-19 vaccine candidate has entered late-stage testing. They also weighed in on the rally in Nike shares after the company's quarterly results blew past street expectations. Tesla also in focus with shares falling after Tuesday's much-anticipated "Battery Day" as Wall Street analysts had mixed reaction to CEO Elon Musk’s presentation at the event. The anchors interviewed Southwest Airlines CEO Gary Kelly in a CNBC Exclusive, as airline CEOs are urging Congress to approve additional coronavirus relief for their industry.
9/23/202049 minutes, 16 seconds
Episode Artwork

Stocks After The Sell-Off, Tesla’s “Battery Day” and COVID-19 Impact:

Carl Quintanilla, Jim Cramer and David Faber discussed what's next for the markets after Monday's sell-off, especiallywhen ot comes to high-profile stocks that have recently taken a hit. They also previewed what to expect from Tesla's"Battery Day" which gets underway after the close of trading today. The impact of COVID-19 also in focus, from the UK Prime Ministerannouncing new restrictions in his country to the economic challenges businesses and people are facing in the US as we wait for a vaccine.
9/22/202045 minutes, 28 seconds
Episode Artwork

Growing Virus Fears, Stocks Tumble & TikTok Deal

Carl Quintanilla, Jim Cramer and David Faber discuss the September stock slump: stalled stimulus talks, lockdown warnings in the U.K. and growing global virus fears as the Wall Street selloff extends 3-weeks and counting.Plus the TikTok deal with Oracle & Walmart gets the blessing from President Trump, sort of… but big questions remain. And shares of electric truck maker Nikola tumbling as the company’s founder steps down, just 10 days after a short-selling firm accused the company of making “an ocean of lies.”
9/21/202046 minutes, 18 seconds
Episode Artwork

The TikTok Trade, Tech Volatility & Tracking COVID Treatments

Carl Quintanilla, Jim Cramer and David Faber discuss the latest in the TikTok saga, as the Commerce Department announces that the administration will block downloads of both WeChat & TikTok on Sunday. Plus Wall Street looking for its first weekly gain of the month, seeking to rebound from another sharp tech sell-off in technology stocks. And the race to treat COVID-19, Roche unveiling a new antibody test & Pfizer providing new details of its vaccine trial.
9/18/202047 minutes, 43 seconds
Episode Artwork

Buyer Beware, Stocks Pull Back & TikTok Decision Soon

Carl Quintanilla, Jim Cramer and David Faber discuss Snowflake’s big debut, the largest software IPO ever with more software IPOs on tap this week & why buyers might want to beware. Tech stocks sell-off again, with Apple among the biggest lagards, why Jim thinks it’s not a 1999 redux. Plus David’s latest reporting on LVMH & and the Tiffany merger legal battle. Airline executives make the case for stimulus at the White House. And sources telling David that President Trump will make a TikTok decision in the next 24-36 hours.
9/17/202048 minutes, 5 seconds
Episode Artwork

Stocks Climbing, Snowflake: Largest Software IPO Ever, Earnings Movers: Adobe & FedEx, Instagram “Freeze”

Carl Quintanilla, Jim Cramer and David Faber discuss the boost for stocks. The Dow, S&P 500 aim for its fourth straight day of gains. A positive sign on the COVID-19 front, Eli Lilly reporting a reduced rate of hospitalizations for its coronavirus patients using its antibody treatment. Plus, it’s the largest ever software IPO, Snowflake pricing above the increased range in an offering valuing the company at $33.3 billion. Snowflake is selling 28 million shares at $120 a piece and will debut on the NYSE under ticker symbol “SNOW.” Two big earnings movers, Adobe & FedEx both beating the street, while reporting record revenue. Facebook under fire as the FTC prepares a possible antitrust suit against the company according to reports. Plus, more than a dozen celebrities including Kim Kardashian West, Katy Perry, Michael B. Jordan and Ashton Kutcher are participating in a 24-hour Instagram “freeze” today as a part of the “Stop Hate For Profit” movement.
9/16/202046 minutes, 4 seconds
Episode Artwork

Markets Pop, Nikola & The SEC, Lowe’s CEO on New Small Business Initiative, Cohen Buys the Mets, Apple’s Product Day

Carl Quintanilla, Jim Cramer and David Faber discuss the surge for stocks, building on Monday’s gains on the back of the tech reversal and solid economic data. Shares of Nikola getting hammered as investors respond to news that the SEC is going to be examining the company over short seller allegations. The CEO of Lowe’s, Marvin Ellison, joining “Squawk on the Street” to discuss a new initiative for small businesses. Ellison is teaming up with Daymond John, to mentor entrepreneurs, listen to their pitches and narrow the pool of standout small businesses. The initiative will ultimately culminate in a one-day pitch competition judged by Lowe’s executives and hosted by John, giving small businesses a chance to get their products on Lowe’s store shelves and the website. Billionaire Steve Cohen reaching a deal to buy the New York Mets at $2.4 and $2.5 billion, a record for a North American professional sports franchise. Plus, a look at the possible products that will be rolled out during Apple’s product launch event this afternoon.
9/15/202045 minutes, 11 seconds
Episode Artwork

Stocks Surging, M&A Monday: Biggest Chip Deal Ever, Nvidia CEO Joins “Squawk on the Street,” The TikTok Winner, Verizon Buying Tracfone

Jim Cramer and David Faber breakdown M&A Monday. A busy morning in deal news, starting with a historic deal in the chip sector. Nvidia buying Arm from Softbank in a deal valued at $40 billion financed through a combination of cash and common stock. Nvidia CEO, Jensen Huang, joining Jim & David to discuss the deal. Plus, shares of Oracle surging after beating Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale. And Verizon CEO, Hans Vestberg, joining Jim and David after buying wireless services provider Tracfone in a $6.25 billion deal. 
9/14/202044 minutes, 38 seconds
Episode Artwork

19th Anniversary of the September 11th Terror Attacks, Tough Week For Stocks, Peloton Surges, No Extension

The “Squawk on the Street” team observes moments of silence in honor and remembrance of the 19th anniversary of the September 11th terror attacks. David Faber and Jim Cramer discuss the tough week for the market. The Nasdaq nearly in correction territory and on pace for its worst week since March, while the Dow & S&P 500 are on pace for their largest weekly losses since late June. Peloton a big mover, surging after crushing estimates as sales jumped 172%. The company also says it expects strong demand to continue into 2021 as more consumers workout at home. Plus, David & Jim discuss earnings from Kroger and Oracle along with the latest developments on the possible sale of TikTok. The President says he will not extend the deadline for its sale. 
9/11/202045 minutes, 47 seconds
Episode Artwork

Is the Sell-Off Over?

Scott Wapner and the investment committee debate if the 3-day sell-off has run is almost done, or if there is more downside ahead. Plus, what to do with the high-flying tech names. And, Al Michaels joins Halftime to talk about the kick-off to the new NFL season tonight.
9/10/202045 minutes, 52 seconds
Episode Artwork

Stocks Pop, Citi’s Corbat to Retire, Fraser Becomes First Woman CEO of a Megabank, RH Surges

Carl Quintanilla and Jim Cramer start the morning with breaking news out of Citi, as CEO Michael Corbat announces he will be retiring in February. Citi is promoting Jane Fraser to become the first woman CEO of a megabank. Stocks on the rise for a second day, as tech continues its rebound from that massive selloff. And an update from AstraZeneca, as the drug maker said it should know before the end of the year whether its COVID-19 vaccine is effective, if it can resume its clinical trials soon. Plus, Carl & Jim discuss the big movers of the morning from Restoration Hardware parent RH, ZScaler, GameStop, Spotify and beyond. 
9/10/202046 minutes, 2 seconds
Episode Artwork

Fastest Correction in History, Futures Bouncing, AstraZeneca Pauses COVID-19 Vaccine Trial, LVMH Scraps $16.2B Deal with Tiffany

Carl Quintanilla, Jim Cramer and David Faber discuss the slight swing up for stocks after a brutal few days for the market. The Nasdaq marking its fastest 10% plunge in history, while the six biggest tech stocks have lost more than $1 trillion over the last three days alone. Shares of Tiffany getting clobbered after LVMH scraps its deal with the company. David reports that Tiffany is suing LVMH for pulling out of the $16.2 billion dollar deal. The French minister of foreign affairs had directed LVMH to defer the deal until after January 6th, 2021, due to a U.S. threat off taxes on French goods. Cowen and Goldman Sachs both raising their price targets on Peloton to a Street-high of $110 per share. The firms note strong demand during the pandemic and Tuesday’s announcement of new products and price cuts for Peloton’s existing bike. 
9/9/202045 minutes, 43 seconds
Episode Artwork

Tech Plunges… Again, Nasdaq Nearing Correction, Tesla Tumbles on S&P Snub, Nikola & GM Surge on Partnership

Carl Quintanilla, Jim Cramer and David Faber discuss the rough start to September. Tech plunging again, with the Nasdaq falling 3%. The Dow and S&P 500 both having their biggest 3-day loss in 3 months. Tesla tumbling after getting an S&P snub. The stock was not included in the index changes announced. Etsy, Teradyne, Catalent were added, while H&R Block, Coty and Kohl’s were removed from the S&P 500. Shares of Nikola surging as much as 53% after General Motors announces it’s taking an 11% stake in the electric truck maker. Under the partnership, GM will produce Nikola’s marquee hydrogen fuel cell electric pickup truck the Badger by the end of 2020.  
9/8/202045 minutes, 6 seconds
Episode Artwork

Stocks Struggle, Tech Slides & VP Mike Pence

The “Squawk on the Street” team discusses today’s stock moves after the of better-than-expected U.S. unemployment data, Wall Street trying to recover some of Thursday’s steep losses. Plus the tech sector continuing to selloff after its biggest one-day drop since March. And First on CNBC, Vice President Mike Pence discusses today’s jobs report, the economic recovery and refutes a new report about alleged disparaging comments from President Trump. 
9/4/202047 minutes, 39 seconds
Episode Artwork

Big Tech Pullback, Stocks Slump & Jobless Claims

The “Squawk on the Street” team discusses today’s pullback for stocks, dragged lower by big tech. Plus, the CEO of Rocket Companies on the company’s quarterly results and why he’s predicting strong demand for refinancing in the coming quarter. And the White House outlook on the economy, Acting Chair of the President’s Council of Economic Advisers, Tyler Goodspeed weighs in on today’s jobless claims report.
9/3/202045 minutes, 6 seconds
Episode Artwork

Strong September Start, Macy’s Surges, Ford Trims 1,400 Salaried Jobs, Peloton Pops

The “Squawk on the Street” team discusses the pop in stocks and the continuing strong start for the month of September. A bright spot in retail as Macy’s shares surge on stronger-than-expected online growth. The retailers second-quarter digital sales were up 53% from a year ago. Plus, Peloton on the move after being named a “top pick” at J.P. Morgan and increasing its price target to a street-high of $105 per share. Ford announces they’re trimming 1,400 salaried jobs and offering early retirement. Plus, David’s breaking news on a hostile bid as Altice and Rogers Communications go after Cogeco. 
9/2/202045 minutes, 22 seconds
Episode Artwork

Stocks in September, Walmart’s Answer to Amazon Prime, Zoom Skyrockets, White House Chief of Staff Mark Meadows, Faber’s Reporting on the Tiffany, LVMH Deal

The “Squawk on the Street” team discusses the start to September. The S&P & Dow both notching their best August since the 1980s, as stocks post their biggest monthly gains since April. September has the worst track record for stocks and any pullback could be swift as investors keep a close eye on the election. White House Chief of Staff, Mark Meadows, joining the “Squawk on the Street” team to discuss the economy, COVID-19, and the 2020 election ahead. Tech shares jumping led higher by Apple and Tesla following their splits. Shares of Zoom soaring 40% after revenue more than quadrupled from last year. Plus, David’s continuing to add to the Tiffany, LVMH story as the deal continues to face hurdles. Sources telling him that LVMH, Tiffany received requests for additional items needed for EU antitrust approval and LVMH may file formal notification with the EU by early next week. And shares of Kodak surging, jumping 50% after D.E. Shaw discloses a 5.2% passive stake in the company. 
9/1/202048 minutes, 8 seconds
Episode Artwork

Wall Street’s Best August in 30 Years, DOW Changes, Stock Splits: Apple & Tesla, Steve Cohen’s Bid for the Mets

The “Squawk on the Street” team discusses Wall Street’s best August in 30 years. The Dow kicking off the week with three new constituents, Salesforce, Amgen and Honeywell will be included, replacing longtime component Exxon Mobil, Pfizer and Raytheon Technologies. Plus two major stock splits taking effect this morning from Apple & Tesla. Plus, David’s exclusive reporting on Steve Cohen’s bid for the New York Mets. Sources telling David that Cohen and the Mets are expected to reach a definitive agreement in the coming days. News on the COVID-19 vaccine and treatment front, as the Commissioner of the FDA said in an interview with the Financial Times that he’s willing to consider granting emergency authorization for a vaccine before clinical trials have been completed. Plus, the FDA expanding its emergency us of Gilead’s Remdesivir. Plus, David’s reporting on AT&T, sources telling him the company is in talks with PE firms about purchasing DirecTV aiming for a deal to be signed by the end of the year. 
8/31/202045 minutes, 27 seconds
Episode Artwork

Records Watch, Dell’s Remote Work Boost & TikTok’s Deal Talks

Carl Quintanilla, David Faber and Kelly Evans discuss the strong week for stocks as the Dow tries to erase its losses for 2020 & the S&P 500 eyes its best August since 1986. Plus Dell’s quarterly results top estimates amid continued cost controls and strong consumer PC demand, CEO Michael Dell forecasting that 50% or more could continue working remotely post COVID-19 pandemic. And David’s latest reporting on TikTok’s deal talks.  
8/28/202045 minutes, 14 seconds
Episode Artwork

Powell Speaks, Investors Listen, Historic Monetary Policy Changes, Breaking News on TikTok As its CEO Announces He’s Leaving the Company, Abbott Labs Gets FDA Approval for Rapid COVID-19 Test

Carl Quintanilla, Jim Cramer and David Faber digest comments from Federal Reserve Chairman Jerome Powell. The Fed Chair presenting at the virtual Jackson Hole summit and announcing a major policy shift to “average inflation targeting.” The central bank will be more inclined to allow inflation to run higher than the standard 2% target before hiking interest rates. The Fed also announcing its changing its approach to employment in a way that will focus on those at the lower end of the income spectrum. Investors appearing happy with what they heard from the Chairman of the Federal Reserve, as all three of the major averages rose on his comments. Plus, breaking news out of TikTok, as the CEO quits after sources say he was excluded from deal talks with Microsoft. Shares of Abbott Labs winning FDA approval for a rapid COVID-19 test that will be used by health professionals and medical labs. The portable test will cost $5 and can deliver results in 15 minutes. 
8/27/202057 minutes, 28 seconds
Episode Artwork

S&P 500 & Nasdaq Hit Record Intraday Highs, Salesforce Surges, Palantir Files to Go Public & The CEO Rips Silicon Valley, Etsy CEO Going After Amazon

Carl Quintanilla, Jim Cramer and David Faber discuss the melt-up for stocks. The S&P 500 and the Nasdaq hitting record intraday highs. Shares of Salesforce.com surging after reporting earnings that more than doubled estimates. The company’s revenue also beating the street, and it raised its full year forecast as it benefits big from the increase in remote work and e-commerce. On the COVID-19 front, the C.D.C quietly modified its coronavirus testing guidelines to exclude people who do not have symptoms, even if they have been recently exposed to the virus. Palantir files to go public, while the company’s CEO rips into Silicon Valley in a letter to investors. The CEO saying Silicon Valley engineers may be able to build good software but they don’t know “how society should be organized or what justice requires.” Wedbush raising its price target on Apple to a new Street-high of $600 dollars per share. Plus, the CEO of Etsy, Josh Silverman, speaking out against Amazon’s support for a California bill seeking to hold “electronic retail marketplaces” to the same liability standards applied to brick-and-mortar retailers. Silverman calling the e-commerce giant out saying, “Amazon is taking bold steps to wipe out its competitors by promoting complex, hard-to-comply-with legislation that only they can afford to absorb.
8/26/202044 minutes, 45 seconds
Episode Artwork

Stocks Rising, S&P 500 Ekes Out Another High, Changing Up the Dow, Exclusive Reporting on Palantir’s Anticipated S-1, Big Earnings Movers

Carl Quintanilla, Jim Cramer & David Faber discuss the pop in stocks, as the S&P 500 ekes out another record high. The U.S. and Chinese trade officials reaffirming their commitment to the Phase 1 trade deal. Plus, changes are coming to the DOW as Exxon Mobil, Pfizer and Raytheon Technologies will be removed, while Salesforce,com, Amgen and Honeywell will be added. The changes will take effect on August 31st. Plus, David’s reporting on Palantir’s expected S-1. According to his sources, they’re targeting listing on September 24th. And a Faber Report, as David digs through the Tiffany & LVMH deal, getting pushed until November 24th. According to his sources, LVMH’s Arnault still seeking price cut in the Tiffany deal. The “Squawk on the Street” team digs through the movers of the morning, including earnings from Best Buy & J.M. Smucker. 
8/25/202045 minutes, 13 seconds
Episode Artwork

Building On A Record-Setting Week, COVID-19 Developments, Apple Boost, Biden’s Tax Plans

Carl Quintanilla, Jim Cramer, David Faber discuss the surge in stocks, building on a record-setting week. The latest coronavirus developments driving the moves in the major averages. The Trump administration granting emergency authorization for a coronavirus plasma treatment. The White House is also considering fast tracking the COVID-19 vaccine candidate being developed by AstraZeneca and Oxford University, according to the Financial Times. Shares of Apple getting a boost ahead of its “record date” for its recently announced four-for-one stock split, applying to shareholders of record as of the close of business today. Plus, Morgan Stanley’s Katy Huberty increasing her price target to a street high of $520, from $431. Democratic presidential nominee Joe Biden and his running mate Senator Kamala Harris sitting down for their first joint interview with ABC’s David Muir. Biden discussing his plans on the tax front saying, “I will raise taxes for anybody making over $400,000,” adding that there will be “no new taxes” for those making under $400,000. And airlines moving higher, as Delta announces it’s going to reinstate 50 international flights to its schedule this winter. Plus, a report that says American Airlines will receive EPA approval today to use a new surface coating that kills the coronavirus. 
8/24/202044 minutes, 22 seconds
Episode Artwork

Biden Accepts The Nomination, Splitting Secured, Tesla $2K, Uber & Lyft Win Reprieve, Breaking News: Amazon’s Consumer Business Head Plans to Retire, USPS Hearing Underway

“The Squawk on the Street” gang digs through the movers of the morning, as Wall Street tries to end a record setting week on a high note. Tesla remains on watch after exceeding $2,000 per share for the first time on Thursday. Shares of Tesla are up 40% for the month of August alone. Plus, today is the “record” date for the company’s 5-for-1 stock split. Uber and Lyft winning reprieve in California over its pay dispute. Plus, Democratic presidential nominee Joe Biden accepts his party’s nomination. In his speech he unveiled his economic plan, “my economic plan is all about jobs, dignity, respect, and community. Together, we can, and we will, rebuild our economy. And when we do, we'll not only build it back, we'll build it back better.” And some breaking news out of Amazon, as its consumer business head announces he plans to retire. The USPS virtual hearing gets underway, as the postmaster general testifies before the Senate over its operations.
8/21/202045 minutes, 21 seconds
Episode Artwork

Stocks Slump, Estee Lauder Takes a Hit & Announces Layoffs, Airbnb Confidentially Files for IPO, Breaking News: Former Trump Advisor Bannon Arrested

Carl Quintanilla and Jim Cramer discuss the slump for stocks as U.S. weekly jobless claims jump, totally 1.106 million last week. Plus, yesterday’s Fed minutes revealing officials expect that coronavirus will “weigh heavily” on the economy. Carl & Jim dig through the movers of the morning. Nvidia reporting a beat on the top & bottom line also issuing a strong current quarter revenue outlook. Shares moving lower, as some investors were disappointed with the performance of Nvidia’s data center business. Intel announcing an accelerated $10 billion stock buyback program, with CEO Bob Swan saying the shares were trading “well below our intrinsic valuation.” Shares of Estee Lauder taking a big hit after reporting a wider than expected loss. The cosmetics company said it’s launching a 2-year initiative to rebalance its investments, which will include a reduction in its retail footprint and increase emphasis on its digital sales. Estee Lauder also plans to cut up to 2 thousand jobs globally. Plus, Airbnb confidentially files its IPO paperwork. And breaking news, as President Trump’s former advisor Steve Bannon is arrested on charges of defrauding hundreds of thousands of donors in an alleged fundraising scheme.
8/20/202044 minutes, 27 seconds
Episode Artwork

Shortest Bear Market in S&P 500 History, Blowout Results: Target & Lowe’s Hit Record Highs, Lowering Its Cash Burn

Carl Quintanilla and Jim Cramer discuss the end to the shortest bear market in S&P 500 history. Stocks getting a boost from blowout results from retailers Target & Lowes, both hitting record highs at the open. Target reported a monster quarter with profit jumping 80%, and same-store sales set a record. And Lowe’s also reported a blow-out quarter with a 30% surge in revenue. Southwest dropped an updated 8K outlook and financial results for July and August. The big takeaway, the company’s core cash burn decreased. And Oracle gets a nod of support from President Trump over a possible acquisition of TikTok. The President saying, “I think Oracle is a great company, and I think its owner is a tremendous guy. He's a tremendous person. I think that Oracle would be certainly somebody that could handle it. Yeah. We gave them until September 15th.”
8/19/202045 minutes, 40 seconds
Episode Artwork

S&P 500 Hits A New Record, Retail Earnings Blitz, LIVE: Treasury Secretary Mnuchin, Amazon Expansion

Carl Quintanilla & Jim Cramer discuss the state of stocks as the S&P 500 rises to a new record high all-time high that was set before the coronavirus pandemic hit. Two retail giants surging this morning giving the major averages that boost. Walmart earnings and revenue beating the street last quarter as same-store sales surged by 9.3% and its e-commerce sales nearly doubled. Home Depot said its sales last quarter jumped 23%, while its earnings and sales beat the street’s expectations. Treasury Secretary Mnuchin joining Carl and Jim to discuss COVID-19 Stimulus, the Postal Service problems, and Oracle in talks to acquire TikTok, in a challenge to Microsoft. And Amazon’s expansion plans. The company is looking to add 3,500 jobs across six U.S. cities. Of the new roles, 2,000 will be based in New York, where Amazon has acquired the Lord & Taylor Fifth Avenue building.
8/18/202045 minutes, 21 seconds
Episode Artwork

S&P 500 Creeps Towards A Record, Postal Problems, Whale Watching, Trump Administration vs. China Tech

Carl Quintanilla and Jim Cramer discuss the market gains, as the S&P continues to creep toward a record high after railing to notch it last week. Goldman’s David Kostin boosting his S&P target by 20% raising his forecast to 3,600 from 3,000. The U.S. Postal Service is front and center as Democrats are calling for its chief to testify at an “urgent” Congressional hearing over elections concerns. House Speaker Nancy Pelosi says she’s calling the House back to vote on a bill that would prohibit the Postal Service from implementing nay changes to its operations or level of service. Plus, Carl & Jim go whale watching. Buffett’s Berkshire Hathaway making a new investment in Barrick Gold, while cutting its stakes in Wells Fargo, JPMorgan Chase, as well as completely exiting its investment in Goldman Sachs. Pershing Square’s Ackman increasing his stakes in Restaurant Brands and Lowe’s in the second quarter. Tepper loads up on new stakes in AT&T, Visa, PayPal, Disney and Mastercard. And Third Point takes stakes in Activision & Facebook. The President is continuing his push against Chinese tech companies, saying he’s considering a ban on Alibaba. And a report out of Reuters saying the U.S. is going to be tightening restrictions on Huawei’s access to technology & chips. 
8/17/202045 minutes, 32 seconds
Episode Artwork

Senate Leaves with No Deal, Apple & Google vs. Epic Games, Apple’s March to $2T, Tesla Charges Higher

The “Squawk on the Street” team digests the market moves, little changed as the S&P 500 struggles to hit its record high. Plus, no stimulus deal, as the Senate departs Washington for its summer recess. And battle between apps and the app stores. Apple & Alphabet’s Google are being sued by Epic games, the developer of Fornite, after both removed it from their app store. The tech giants are claiming that Epic violated guidelines regarding in-app purchases to avoid fees. Speaking of Apple, the “Squawk on the Street” team is keeping a close eye on the stock price as it continues its march to a $2 trillion dollar market cap. Shares of Tesla continuing to charge higher after getting two upgrades, one from Bank of America and the other from Morgan Stanley’s Adam Jonas.
8/14/202045 minutes, 44 seconds
Episode Artwork

Mixed Market, NEC Director Larry Kudlow, Cisco Slump, Thermo Fisher Terminates QIAGEN Acquisition

Jim Cramer and David Faber discussed the mixed market as traders digest better-than-expected unemployment data. Weekly jobless claims falling below estimates of 1.1 million. Shares of Cisco getting hammered. The company did beat the street, but revenue did decline from a year earlier and its guidance was softer than anticipated. National Economic Council Director Larry Kudlow joins Jim and David to discuss the economic outlook, jobless claims and a lot more. Plus, hear what Kudlow had to say about the administration’s tensions over TikTok. Jim and David dig through the other big movers of the day including Tesla, Micron, Tapestry and more. Plus, David details Thermo Fisher’s termination of its acquisition agreement with QIAGEN. 
8/13/202045 minutes, 19 seconds
Episode Artwork

Market Swings, Moderna’s Government Deal, Remembering Media Mogul Sumner Redstone

Jim Cramer and David Faber discuss the swings in the market. Stocks rebounding after the S&P 500 snapped a 7-day win streak. Plus, President Trump announcing a deal to buy 100 million doses of Moderna’s vaccine sending shares skyrocketing. The company says the deal with the government is worth $1.53 billion. Jim & David breakdown the big movers of the morning from Tesla’s 5-for-1 stock split, to Roku, Kodak, Overstock, Facebook and beyond. And remembering media mogul Sumner Redstone, who has died at the age of 97. Redstone built his family’s drive-in theater chain into a multibillion-dollar empire encompassing CBS & Viacom and later becoming the center of a jilted lover’s lawsuit that nearly cost his family his financial legacy.
8/12/202045 minutes, 9 seconds
Episode Artwork

S&P Inches Closer to a Record High, Putin Claims Russia Has Registered the First Coronavirus Vaccine, Uber & Lyft: Classifying Drivers

Jim Cramer and David Faber discuss the boost in stocks as the S&P 500 closes in on a record high. Russia says it has approved a COVID-19 vaccine. President Putin saying, “as far as I know, this morning, for the first time in the world, a vaccine against a new coronavirus infection has been registered.” It’s important to note that no data has been published by the researchers and that it has only been injected into a few dozen people so far and that a Phase III trial is due to begin later this month. On the therapeutics front, BioNTech says its first trial results may come as early as October. Novavax says its manufacturing capacity will be sufficient to meet demand for its COVID-19 vaccine and it expects to begin a phase 3 trail as soon as late September. Plus, Inovio Pharmaceuticals announcing it expects its vaccine candidate to enter a mid-to-late stage study in September. Plus, news on the ride-hailing front as a California judge granted a preliminary injunction requiring Uber & Lyft to stop classifying their drivers as independent contractors pending further action by the court.
8/11/202045 minutes, 27 seconds
Episode Artwork

Coronavirus Bill Battle, Treasury Secretary Mnuchin Live, McDonald’s Suing Former CEO, Barrick Gold CEO

David Faber and Jim Cramer discuss the hang up on Capitol Hill. President Trump signing executive orders over the weekend aimed at extending pandemic relief after Congress failed to reach a deal. The orders extending unemployment benefits, providing a payroll tax holiday, deferring student loan payments through 2020 and extending the federal moratorium on evictions. Treasury Secretary Mnuchin joining Jim and David to discuss the road ahead for getting a deal done on a stimulus bill, U.S. – China relations and much more. And breaking news out of McDonald’s as the company announces it’s suing its former CEO Steve Easterbrook for allegedly lying during the company’s internal probe into his behavior. Plus, the CEO of Barrick Gold on his company’s earnings and the all-time high prices of Gold. David and Jim also dig through the big movers of the morning including Kodak, MGM, and Amazon.
8/10/202047 minutes, 20 seconds
Episode Artwork

July Jobs Report, Trump vs. TikTok, Exclusive: Uber CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the President’s executive order over TikTok & WeChat. President Trump banning the apps from operating in 45 days if they are not sold by their Chinese-owned parent companies. TikTok fighting back, threatening legal action against the executive order saying, “This Executive Order risks undermining global businesses’ trust in the United States’ commitment to the rule of law, which has served as a magnet for investment and spurred decades of American economic growth.” And it’s the July jobs report. Payrolls increasing by nearly 1.8 million, while the unemployment rate fell to 10.2%. Both numbers topping expectations despite a resurgence of Covid-19 across the country. Plus, an exclusive interview with the CEO of Uber, after reporting a mixed quarter. The company reporting a greater than expected loss, but revenue was better than forecast. Demand for Uber’s ride-hailing service saw a halting recovery amid the COVID-19 pandemic, but the business for the company’s Uber Eats food delivery service more than doubled compared to a year earlier. The CEO joining the “Squawk on the Street” gang to discuss the results, the road ahead for the company and the tensions between the U.S. and China.
8/7/202047 minutes, 24 seconds
Episode Artwork

Both Sides of the Aisle: Majority Leader McConnell & Speaker Pelosi Join “Squawk on the Street,” Airlines Soaring, Massive Movers

Carl Quintanilla, Jim Cramer and David Faber discuss the stimulus plan, or lack thereof, speaking with both sides of the aisle. Senate Majority Leader McConnell and House Speaker Pelosi both explaining their position on getting a deal done. Listen in to hear why, Speaker Pelosi says “perhaps you mistook them for somebody who gives a damn.” Plus, why Majority Leader McConnell says he believes that the GOP & Dems will reach a virus relief deal in the “near future.” Carl, Jim & David also dig through the big movers of the morning. Airline stocks getting a boost after a dozen Republican senators backed $25 billion in additional federal aid for the airline industry, as the spike in Covid-19 cases in the U.S. derails a recovery in travel demand. Plus, the “Squawk on the Street” team digs through the massive earnings movers from ViacomCBS, Restaurant Brands, Bristol-Myers, Etsy and so many more. 
8/6/202043 minutes, 44 seconds
Episode Artwork

Faber Report: Microsoft & TikTok, Teladoc CEO & Livongo Executive Chairman on Mega Deal, Nikola Executive Chairman as Stock Tanks

Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers and deals of the morning. Teladoc and Livongo announcing they’re merging in a deal worth $18.5 billion. The CEO of Teladoc and the Executive Chairman of Livongo joining the “Squawk on the Street” team to discuss the deal and future of the newly combined company. A Faber Report to kick off the morning on Microsoft & TikTok. David’s sources telling him Microsoft & Bytedance hope to reach a deal in three weeks and the focus has been on a deadline to transfer software code. Shares of Disney surging after reporting results. The company revealing 100 million streaming subscribers and its plans to launch a new streaming service. Disney also announcing it’s highly anticipated ‘Mulan’ is finally heading to Disney+ for $29.99. Plus, shares of Nikola getting hammered after its first financial report since going public. The Executive Chairman of the company joining the show to discuss the road ahead and how pandemic-related supply-chain disruptions impacted the company. Volatility reins for shares of Novavax as the company’s coronavirus vaccine generates promising immune response in its early trail.
8/5/202047 minutes, 31 seconds
Episode Artwork

Ford CEO Hackett Hands Over the Reins, TikTok Controversy, Facebook’s Big Lease

Carl Quintanilla, Jim Cramer and David Faber start the morning with breaking news out of Ford. CEO Jim Hackett announces he’s retiring and handing over the reins to Jim Farley, Ford’s COO effective October 1st. Plus, the TikTok controversy continues, as Chinese state media slams the U.S. as a “rogue country” for its planned “smash and grab” of the company. Plus, President Trump says Microsoft should pay ‘key money’ to Treasury for facilitating TikTok deal. And BP cut its dividend in half, after the energy producer reported a $6.7 billion second quarter loss. Facebook announces it’s leasing all 730,000 square feet of office space in Vornado’s landmark Farley building in New York. Financial terms of the deal were not disclosed.
8/4/202045 minutes, 20 seconds
Episode Artwork

Microsoft, TikTok & Trump, Nasdaq Record High, Stimulus Stalls, Kashkari Suggests a 4-6 Week Shutdown, “They Know Nothing”

Carl Quintanilla, Jim Cramer and David Faber weigh in on Microsoft, TikTok and the President. The tech giant confirming it will try to buy TikTok after CEO Satya Nadella spoke with President Trump. Microsoft said they’re committed to addressing Trump’s concerns about the social media platform. The “Squawk on the Street” team discusses the movers pushing the Nasdaq, as it hits a record high. Plus, familiar fault lines as a stimulus plan stalls. The White House and Democrats agreeing on $1,200 dollar checks, but they’re still deadlocked on unemployment assistance.  Minneapolis Federal Reserve Bank President Kashkari suggests a 4-6 week shutdown. Telling CBS’ “Face the Nation,” "If we don't do that and we just have this raging virus spreading throughout the country with flare-ups and local lockdowns for the next year or two, which is entirely possible, we're going to see many, many more business bankruptcies… That's going to be a much slower recovery for all of us." Speaking of the Fed, its been 13 years since Cramer’s “They know nothing!” rant heard round the world. Plus, a massive breakdown of the companies on the move from Clorox, Marathon Petroleum, Eli Lilly, Alphabet, ADT and more. 
8/3/202045 minutes, 5 seconds
Episode Artwork

Big Tech – Big Profits, Busiest Week of Earnings Season Wraps Up, Questioning Kodak

Carl Quintanilla, Jim Cramer and David Faber breakdown the blowout results from big tech. Apple posting a blowout third quarter, sales were up 11%, the tech giant also announcing a 4-for-1 stock split. Plus, hear what Apple CEO Tim Cook told Cramer. Amazon sales soaring, trouncing earnings expectations and reporting double-digit revenue growth year-over-year. Facebook beating the street, and telling investors the ad boycott is having an impact. And Alphabet falling after reporting its first revenue decline in the company’s history. The major averages muted as the busiest week of earnings season wraps up and the month comes to a close. Shares of Caterpillar taking a hit after beating the street, but sales tumbling 31% in the second quarter. Plus, questioning Kodak, David breaks down the big week for Kodak.
7/31/202045 minutes, 14 seconds
Episode Artwork

President Trump Suggests Delaying the Election, Busiest Day of Earnings Season, Q2 GDP Sees Worst-Ever Plunge, Delta Employees Accept Buyout Offers, ServiceNow CEO & YUM! Brands CEO

Carl Quintanilla, Jim Cramer and David Faber discuss a tweet from the President, pushing stocks deeper in the red. President Trump suggesting delaying the election tweeting, “With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly, securely and safely vote???” The U.S. economy saw its biggest slump in activity it has ever known in the second quarter. GDP from April to June plunged 32.9% the worst drop ever. Plus, the “Squawk on the Street” gang digs through the busiest day of earnings season from Qualcomm, UPS, P&G along with what’s coming after the bell Alphabet, Amazon, Facebook and Apple. Breaking news on the airline front, as 17 thousand Delta employees accept buyout offers. Plus, the CEO’s of ServiceNow & Yum! Brands on their company’s latest results and the impact of Covid-19 on their bottom lines.
7/30/202044 minutes, 56 seconds
Episode Artwork

CEO Blitz: Boeing, AMD, Starbucks & eBay, Big Tech Takes the Hill, D-Day for the Fed

Carl Quintanilla, Jim Cramer and David Faber dig through a slew of earnings and speak with the CEOs. Stocks flat as investors focus their attention on corporate results and what’s happening today in Washington. Big Tech execs are preparing to testify before the House Antitrust Subcommittee over dominance of online platforms. Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Google’s Sundar Pichai will all appear. Also happening in Washington, the Federal Reserve is winding down its two-day policy meeting. Chairman Jay Powell is expected to reinforce that the Fed will do whatever it can to help the economy and labor market heal. Plus, it’s a CEO blitz. Carl, Jim and David are joined by the CEOs of Boeing, AMD, Starbucks and eBay. Hear what they’re all saying about their companies results, the impact from Covid-19 and the road ahead.
7/29/202055 minutes, 7 seconds
Episode Artwork

Earnings Blitz, GOP Unveils Coronavirus Relief Plan, MLB’s Manfred on Covid-19 Outbreak, Lysol’s Parent Company CEO on Earnings & Delta Partnership

Carl Quintanilla, Jim Cramer and David Faber discuss the earnings blitz and the big movers dragging down the major averages. McDonald’s reporting mixed results. Comparable restaurant sales were down 23.9% globally, but U.S. comparable sales were better than expected, falling 8.7% compared to estimates. The “Squawk on the Street” team also digging through results from Pfizer, 3M and Raytheon. The GOP unveiling its new coronavirus relief plan including wage replacement of 70% in extended unemployment benefits, replacing the $600 weekly enhancement. The new plan also includes another round of $1,200 stimulus checks and $500 payments for depends of any age. MLB commissioner Manfred says Marlins coronavirus outbreak is not a “nightmare” scenario. This following news that 13 members of the Marlins tested positive for coronavirus, which led to the postponement of their Monday game against the Orioles in Miami. Plus, breaking news, as the Fed extends its lending facility to December 31st. And the CEO of Lysol’s Parent Company joining “Squawk on the Street” to discuss his company’s results, partnership with Delta, and much more. 
7/28/202045 minutes, 15 seconds
Episode Artwork

Gold Hits a Record High, Moderna: Phase 3, Walgreens CEO To Step Down, Albertsons CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the big move in gold, as it hits a record high. The major averages in the green, moving higher to kick off a big week for earnings. Shares of Moderna skyrocketing, after the company said it has received an additional $472 million in government assistance for development of its COVID-19 vaccine candidate, and that a phase 3 study has now begun. Over the weekend, Treasury Secretary Steven Mnuchin saying that Republicans have finalized their latest piece of coronavirus relief legislation. The bill is worth about $1 trillion and is set be introduced Monday. Shares of Under Armour taking a hit after receiving a so-called “wells notice” from the SEC. That noticing giving details on charges it’s intending to bring to the company, related to a previously disclosed probe. The CEO of Walgreens announcing he’s stepping down from that role and will become the executive chair of the company. Plus, the CEO of Albertsons joining the “Squawk on the Street” gang to discuss his company’s earnings beat. Revenue was in line with Wall Street forecasts, while results were helped by a 26.5% jump in comparable store and digital sales.
7/27/202045 minutes, 2 seconds
Episode Artwork

Stocks Continue Thursday’s Selloff, Intel Tumbles, Goldman Settles 1MDB Case, Verizon CEO On His Company’s Results

The “Squawk on the Street” team discusses the continued selloff after yesterday’s losses. Tensions continuing to ramp up as China orders the closure of a U.S. consulate in Chengdu, a retaliation move after Washington shut the Chinese consulate in Houston earlier this week. Shares of Intel getting hammered after saying its next-generation chips will come out 6 months later than expected. The company did report earnings that were 12 cents above estimates, while its revenue also came in above forecasts. On the flip side, rival AMD, getting a boost because it already has a “7nm” chip on the market. Plus, Goldman Sachs reaching a $3.9 billion dollar settlement with the Malaysian government over its multi-billion dollar 1MDB scandal. The CEO of Verizon, Hans Vestberg, joins the “Squawk on the Street” team to discuss his company’s results after beating on both the top and bottom line. Vestberg also commenting on the negative impact from COVID-19, ad spending revenues and the road ahead.
7/24/202045 minutes, 34 seconds
Episode Artwork

Massive Earnings Movers: Tesla, Microsoft, Southwest & American Airlines, Southwest CEO: People Are Still Nervous, New AT&T CEO in His First Interview Since Taking The Helm

Carl Quintanilla, Jim Cramer and David Faber dig through the big earnings mover of the morning. Tesla popping after the company scored a 4th straight quarter of profit. Twitter reporting a 34% jump in monetizable daily active users compared to a year ago. Microsoft moving lower, despite beat analyst expectations on earnings and revenue. The CEO of Southwest joins the “Squawk on the Street” team to discuss his company’s results, the future of the airline industry and getting people back in the air again. Hear his take on the pandemic and how it’s impacting consumer habits, plus his push for the government to mandate masks. Plus, in his first interview since taking over as CEO, AT&T’s John Stankey joins the show to discuss the road ahead for the company after reporting results. The company’s earnings beat, while revenue was in line with forecasts. Hear what he had to say about how the pandemic impacted results across all of AT&T’s businesses. 
7/23/202050 minutes, 20 seconds
Episode Artwork

Stocks Mixed, Pfizer’s Vaccine Deal, Slack Files EU Competition Complaint Against Microsoft, Liberty Media CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the move in stocks as U.S.-China tensions take center stage. The State Department ordering China to close its consulate in Houston, Texas. China’s foreign ministry spokesperson condemning the action and warning of firm countermeasures if the U.S. does not reverse its decision. Pfizer and the government striking a deal in which the company would provide 100 million doses of a COVID-19 vaccine being developed with partner BioNTech, with an option for the government to acquire an additional 500 million doses. The vaccine would be free for Americans. Breaking news, as Slack files an EU competition complaint against Microsoft. Spotify striking a licensing deal with Universal Music Group sending shares skyrocketing. Plus, the CEO of Liberty Media joins David to discuss the return of the MLB, podcasting and more.
7/22/202044 minutes, 56 seconds
Episode Artwork

Stocks Pop, Nasdaq Hits Record Intraday High, Earnings: IBM, Coca-Cola, eBay – Adevinta Deal

Carl Quintanilla, Jim Cramer and David Faber discuss the surge in the major averages, getting a boost from the morning’s earnings movers. IBM reporting better-than-expected second-quarter earnings. Shares of Coca-Cola moving higher after announcing its profit fell 33% in the second quarter, but expressed optimism on over demand as lockdown measurers are lifted. Plus, David’s exclusive reporting on eBay agreeing to sell its classified-ads business to Adevinta for $9.2 billion in cash and stock. Breaking news out of Washington as House Speaker Pelosi says she wants to see a stimulus bill by the “end of next week.”
7/21/202045 minutes, 34 seconds
Episode Artwork

Stocks Mixed, Vaccine Hopes, Zuckerberg: No Deal with the President, Chevron CEO on Noble Energy Deal

Carl Quintanilla and Jim Cramer discuss the surge in coronavirus cases across the U.S. A busy data morning on possible vaccines as Pfizer-BioNTech’s potential coronavirus vaccine shows promise after releasing additional data. Plus, Oxford University’s coronavirus vaccine with AstraZeneca showing positive immune responses in its early trial. Shares of Moderna in focus after J.P. Morgan downgraded the drug maker’s stock to “neutral” from “overweight” in a valuation call, given the stock’s nearly fivefold gain year-to-date. Facebook CEO Zuckerberg says he has no deal with President Trump in an interview with Axios. Zuckerberg saying, "I’ve heard this speculation, too, so let me be clear: There's no deal of any kind… Actually, the whole idea of a deal is pretty ridiculous. I do speak with the president from time to time, just like I spoke with our last president and political leaders around the world.” Plus, Chevron CEO Michael Wirth, joins Jim and Carl to discuss his company’s $5 billion dollar deal with Noble Energy. 
7/20/202046 minutes, 21 seconds
Episode Artwork

Covid-19: Record Shattering, Face Mask Mandate Debate, Netflix Hammered, Zuckerberg & Fauci

Carl Quintanilla, Jim Cramer and David Faber discuss the U.S. shattering its daily record for coronavirus infections, reporting more than 77,000 new cases. Florida, South Carolina and Texas all reporting their biggest one-day spikes. Plus, the mask mandate debating is heating up, as the Governor of Georgia sues the Mayor of Atlanta. And investors turning their attention to corporate earnings. Netflix delivered stronger than expected Q2 subscriber growth of over 10M, but lower than expected earnings and its forecast of the addition of 2.5M subs in Q3, half analysts’ forecasts, sent shares plummeting. The streaming giant also announcing Ted Sarandos as Co-CEO, joining Reed Hastings at the top. Facebook CEO Mark Zuckerberg interviewing Dr. Anthony Fauci. Zuckerberg making rare comments, saying he’s been disappointed with President Trump’s handling of Covid-19. 
7/17/202046 minutes, 13 seconds
Episode Artwork

Stocks Falling, Morgan Stanley CEO, Twitter Hack, Lysol Parent Company CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the slump for stocks. Investors assessing earnings results and the latest economic data. Weekly jobless claims came in slightly worse than expected, while retail sales jumped 7.5% in June. Shares of Morgan Stanley higher after earnings and revenue beat the street. The bank also saw net revenue and net income rise to record levels, getting a boost by strong trading results. The CEO of Morgan Stanley, James Gorman, joining the “Squawk on the Street” team to discuss its latest results, the road ahead for the bank and how they’re planning to return to work in the age of Covid-19. Plus, the CEO of Lysol parent company, Reckitt Benckiser, on his EPA product approval and how they’re upping production. Shares of Twitter taking a hit after a massive, high-profile, hack. 
7/16/202048 minutes, 24 seconds
Episode Artwork

Stocks Surge, Moderna Skyrockets, Goldman’s Blowout Quarter, Needham Ups Apple

Carl Quintanilla, Jim Cramer and David Faber discuss the surge in stocks. Markets getting a boost from blowout results from Goldman Sachs and Moderna’s vaccine news. Goldman Sachs crushing earnings estimates its biggest outperformance in nearly a decade. Revenue was more than $3.5 billion higher than the street was expecting, fueled by strong results in its trading and investment banking divisions. On the coronavirus front, shares of Moderna skyrocketing after saying its vaccine produced a “robust” immune response, or neutralizing antibodies, in all of its 45 patients in its early stage human trial. Other stocks tied to reopening, American Airlines, United, Royal Caribbean all popped on the news. And Apple getting a boost, as Needham increases its price target for the tech giant to $450, from $350.
7/15/202044 minutes, 36 seconds
Episode Artwork

Earnings Season: Big Banks Report, Tesla’s Bullish Call, Airlines Hammered

Carl Quintanilla, Jim Cramer and David Faber discuss results from the big banks, as JPMorgan Chase, Wells Fargo and Citigroup all report before-the-bell. JPMorgan shares jumping after record trading revenue drives stronger-than-expected second quarter profit. Wells Fargo reports $2.4 billion for the quarter, slashing its dividend to 10 cents. And Citi shares rising after reporting better-than-expected earnings on strong trading results. Elon Musk says “Wow” after Piper Sandler’s bullish Tesla report, raising its price target to a street high of $2,322. Airline stocks getting hammered after Delta reported a $5.7 billion dollar net loss for the second quarter, its biggest since 2008. The company also announcing it’s pulling back plans to expand flying in August. Amazon is rolling out grocery carts that are going to let shoppers skip checkout lines, bag their groceries and walk out. The “Dash Carts” will roll out at Amazon’s new Los Angeles-area grocery store slated to open in 2020. 
7/14/202046 minutes, 9 seconds
Episode Artwork

Stocks Pop, Pfizer, BioNTech Receive ‘Fast Track’, Analog CEO on Largest U.S. Deal This Year, Disney Reopening

Carl Quintanilla, Jim Cramer and David Faber discuss a higher start to the week for stocks, as earnings season gets underway. Two experimental coronavirus vaccines being developed by BioNTech and Pfizer have received a ‘fast track’ designation from the FDA. Spikes of covid-19 continuing across the U.S. as Florida reports more than 15 thousand new cases, shattering its record. Amid the surge, Florida’s Walt Disney World opened to the public for the first time in four months. Critics began to pile on after the company’s official “Disney Parks Job” accounted posted a short video promoting the big event on Twitter and Instagram. The CEO of Analog Devices joining the “Squawk on the Street” team after announcing it would buy rival Maxim Integrated Products for about $21 billion in the largest U.S. deal this year. 
7/13/202047 minutes, 8 seconds
Episode Artwork

Stocks Cut Losses, Gilead Covid-19 Treatment, ‘Buy American’ vs. ‘America First’, Disney Pushes Ahead with Reopening

The “Squawk on the Street” team discuss the market turn as stocks cut their losses. Gilead publishing new data on its antiviral drug remdesivir showing it reduced the risk of death for severely sick coronavirus patients by 62% compared with standard care alone. Goldman raises its Netflix target to the highest on the street, saying the stock could surge by more than 30% over the next year and is set to report a blowout second quarter. Plus, despite a surge in cases in Florida, Disney moves forward with its reopening plans. And the “Squawk on the Street” gang breaks down presumptive Democratic nominee Biden’s ‘Buy American’ economic plan, as President Trump calls it plagiarism. 
7/10/202046 minutes, 38 seconds
Episode Artwork

Mixed Picture for Stocks, Nasdaq Record High, Retail Woes, TikTok Distancing from China?

The “Squawk on the Street” team discusses the mixed picture for stocks, but the Nasdaq continues its rise hitting a fresh record high. U.S. initial unemployment claims edging down in the latest week, better than expected at 1.3 million. More pain for retailers, as Bed Bath & Beyond announces it’s closing 200 stores over 2 years as its sales fall almost 50% during the pandemic. Plus, Sur La Table files for bankruptcy protection and Pier 1 is becoming a web-only business. A report says that TikTok is considering changes in order to distance itself from its Chinese roots. Senior executives are said to be discussing options such as creating a new management board or establishing a new headquarters for the app outside of China. 
7/9/202046 minutes, 1 second
Episode Artwork

Markets Move Higher, Covid-19 Cases Record Daily Spike, Harvard & MIT Sue The Trump Administration

The “Squawk on the Street” team takes a look at the market, charging higher as investors ignore the latest Covid-19 data. The U.S. reporting a record daily spike of more than 60,000 coronavirus cases as the total number of confirmed cases tops 3 million. Pain for retailers, Brooks Brothers filing for bankruptcy as it seeks a buyer and closes dozens of stores. Plus, Harvard and MIT are suing the Trump Administration over an international-student policy that forbids those students from staying in the U.S. if the classes are taught entirely online. The President taking to Twitter, threatening to cut funding for schools, slamming the CDC reopening guidelines as too tough and expensive.
7/8/202044 minutes, 48 seconds
Episode Artwork

Market Pullback, Novavax Skyrockets on $1.6B Vaccine Contract, Exclusive: UBER CEO, Faber Report

The “Squawk on the Street” team discuss the drop in stocks following Monday’s strong rally, as Covid-19 cases across the U.S. continue to surge. Atlanta Fed President Raphael Bostic telling the FT that the U.S. economic recovery will be “bumpier” as coronavirus cases continue to rise. Shares of Novavax skyrocketing, 45%, after winning a $1.6 billion dollar contract to develop a coronavirus vaccine. It’s the largest amount yet granted under the White House’s “Operation Warp Speed.” Uber CEO, Dara Khosrowshahi, joins the “Squawk on the Street” gang to discuss his acquisition of Postmates, its failed deal with Grubhub and future of the company. Plus, The Faber Report: David digs into Corelogic’s rejection of Cannae Holdings & Senator Investment Groups takeover bid. 
7/7/202045 minutes, 6 seconds
Episode Artwork

Investors Shrugging Off Surging Covid-19 Cases, Nasdaq Hits a Record High, Boosting Sentiment, Berkshire Buys Dominion Energy Nat Gas Assets, Uber Buys Postmate

The “Squawk on the Street” team digests the big swing for stocks as Wall Street looks to build on last week’s gains. Investors shrugging off record coronavirus cases in Florida & Texas. Goldman Sachs cutting its GDP outlook and says a pause in consumer activity in July & August should limit the expected Q3 growth rebound. Goldman’s forecast now implies a 4.6% GDP contraction in 2020 versus a 4.2% prior, on a full-year basis. Dealmaking boosting sentiment as Billionaire investor Warren Buffett’s Berkshire Hathaway buys the natural gas transmission and storage assets from Dominion Energy for about $10 billion including debt. Plus, shares of Uber surging after announcing its buying food-delivery app Postmates in an all-stock deal worth $2.65 billion. Plus, the “Squawk on the Street” team discuss Tesla’s Elon Musk mocking of short sellers, now selling actual silk shorts on his website for $69.420. JPM securities raising its price target for Tesla to a Street-high of $1500 per share from $1,050.
7/6/202045 minutes, 7 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening America

Listen to the final episode of CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
7/3/202045 minutes, 23 seconds
Episode Artwork

Stocks Surge, Record Jobs Gain for June, Airlines Sign Loan Pact, President Trump: Jobs Report is Extremely Good News

Carl Quintanilla, Jim Cramer and David Faber discuss the blowout record jobs gain in June, stocks surging on the news. The U.S. economy adding 4.8 million nonfarm payrolls and the unemployment rate falling to 11.1%. New coronavirus cases in the U.S. hitting a single-day record, rising above 50,000 for the first time. Plus, Cramer weighs in on if now is the time to sell the airlines. American, Frontier, Hawaiian, Sky West and Spirit all signing a loan pact with the Treasury Department. The CEO of McCormick joining the “Squawk on the Street” gang to discuss how his company is benefiting from more consumers cooking at home, board diversity, and advertising on Facebook. President Trump gives a briefing at the White House on the June jobs report.
7/2/202049 minutes, 24 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
7/2/202045 minutes, 24 seconds
Episode Artwork

Stocks Turn on Vaccine Hopes, Facebook’s Ad Boycott Response, United: Demand Flattening, FedEx on Pace For Its Best Day Ever

Carl Quintanilla, Jim Cramer & David Faber discuss the big swing in stocks after a Covid-19 vaccine from Pfizer and BioNTech shows positive results. Pfizer saying the vaccine was generally well-tolerated, though the experimental vaccine also caused fever in some patients, especially those who were in the 100 microgram group. More tough news for the airlines as United says demand is flattening. Reports Facebook CEO Zuckerberg has agreed to meet with organizers of the protests, that has resulted in major companies pulling their social media ads. Plus, shares of FedEx on pace for its best day ever after reporting earnings well above what the street had anticipated and revenue also beat. The company says its results were affected by Covid-19, but that it’s well positioned to benefit from reopenings across the globe. 
7/1/202044 minutes, 36 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
7/1/202044 minutes, 30 seconds
Episode Artwork

Wall Street Wraps up Best Quarterly Performance in Decades, Covid Cases Continue to Skyrocket, Uber’s Food Delivery Service Play, Micron CEO

Carl Quintanilla, Jim Cramer & David Faber breakdown the last trading day of the month, quarter and half as Wall Street wraps up its best quarterly performance in decades. The U.S. didn’t make the list of “Safe” countries released by the EU, as cases in the United States continues to skyrocket. Uber actively pursuing a deal in the delivery space after engaging unsuccessfully with Grubhub last month. Reports the company is now in discussions to buy food delivery service Postmates for $2.6 billion. Plus, shares of Micron jumping following the company’s better-than-expected earnings. The CEO, Sanjay Mehrotra, joining the “Squawk on the Street” gang to discuss the results and road ahead in the era of Covid-19. Plus, Lululemon being at-home fitness company Mirror for $500 million, as demand for at home gyms surge during the pandemic.
6/30/202047 minutes, 25 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/30/202044 minutes, 36 seconds
Episode Artwork

Mixed Picture for Stocks, Covid-19 Hot Spots, Gilead’s Remdesivir Price Tag, Facebook Ad Fallout

Carl Quintanilla, Jim Cramer and David Faber discuss the move in the major averages, higher to start the week, as investors shrugging off a surge in coronavirus cases across the United States. Health & Human Services Secretary Alex Azar warning Sunday that the “window is closing” to curb the spread of the virus and get the outbreak under control. Confirmed cases across the globe topping 10 million, with global deaths passing half a million. Plus, Gilead announcing its coronavirus treatment Remdesivir’s price tag. It will cost $3,120 per U.S. patient with private insurance. Major advertising fallout for Facebook. Over the weekend, Starbucks, Coca-Cola, Diageo and Hershey’s all announced they’re pausing social media ads in the latest action against hate speech on platforms like Facebook and Twitter. Plus, a pioneer in the U.S. shale revolution, Chesapeake Energy, filing for bankruptcy protection. The company announcing $7 billion in debt will be wiped out through its restructuring.
6/29/202044 minutes, 56 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/27/202050 minutes, 37 seconds
Episode Artwork

Covid-19 Cases Spiking, Stocks Under Pressure & American Airlines To Lift Caps

Carl Quintanilla, Morgan Brennan and Mike Santoli discuss the morning’s market moves as coronavirus cases spike, with Texas, Florida, California and Arizona seeing a surge in infections. Plus, why American Airlines is planning to lift its capacity cap on flights starting July 1. Nike shares slipping on the back of a surprising quarterly loss for the apparel giant. And reopening risks, what the nation’s largest provider of single-family home rentals says about the urban flight to the suburbs
6/26/202045 minutes, 23 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/26/202045 minutes, 21 seconds
Episode Artwork

Stocks Under Pressure, Covid-19 Cases Spiking, Disney Delays, Macy’s Jobs Cuts, Spotify Exec on Growth

Carl Quintanilla, Jim Cramer and David Faber discuss stocks under pressure as investors grapple with a rising number of coronavirus cases. More than 45 thousand new cases were confirmed on Wednesday, a record that surpassed the previous peak back in April. States such as Texas, Florida, California and Arizona have all seen major spikes. Shares of Disney taking a hit, after announcing its postponing its planned July 17th reopening of its Disneyland resort in California. The company says its waiting for state officials to issue guidelines on theme parks reopenings. Macy’s shares falling after announcing its cutting 3,900 corporate jobs. Plus, the “Squawk on the Street” team is joined by the Chief Content Officer at Spotify. Hear what she had to say about monetizing podcasts, their growth strategy and future deals.
6/25/202044 minutes, 18 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/25/202044 minutes, 41 seconds
Episode Artwork

Stocks Pullback, Virus Cases Spiking, Dell & VMware

Carl Quintanilla, Jim Cramer and David Faber discuss the pullback for stocks. One bright spot? The Nasdaq hanging onto a record high and an 8-day win streak. Still, investors are growing increasingly worried about the increasing number of newly confirmed cases of coronavirus. A CNBC analysis of Johns Hopkins University data found the U.S. 7-day average of cases surged more than 30% from a week ago. Carl, Jim & David discuss where you can put your money to work in this volatile market environment. Plus, David’s extensive reporting on Dell as it explores a spinoff of its stake in VMware, according to his sources.
6/24/202044 minutes, 55 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/24/202045 minutes, 17 seconds
Episode Artwork

Stocks Pop, Recovering From a China Trade Deal Scare, Apple Ditches Intel Chips, Incoming Mastercard CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the pop in stocks after White House trade advisor Navarro clarified his comments that the U.S.-China trade deal was over. Navarro explaining he was quote: “speaking to the lack of trust we now have of the Chinese Communist Party after they lied about the origins of the China virus and foisted a pandemic upon the world.” Shares of Apple surging on the heels of the company’s WWDC event, the stock hitting a record high at the open. The tech giant announcing it’s ditching Intel and will be using its own chips for Macs. Plus, the “Squawk on the Street” team speaks with the incoming CEO of Mastercard after the company announces it’s purchasing open-banking company Finicity for $825 million. 
6/23/202046 minutes, 32 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/23/202044 minutes, 25 seconds
Episode Artwork

Stocks Turn, Coronavirus Surges in the U.S., NYC Enters Phase 2

Carl Quintanilla, Jim Cramer and David Faber discuss the impact of the rise in Covid-19 cases on stocks. According to the World Health Organization, Sunday recorded the largest single-day increase in global coronavirus cases with the U.S. reporting more than 36,000 new cases. Apple is getting ready to kick off its virtual WWDC. CEO Tim Cook speaking out about corporate social responsibility on CBS’ “Sunday Morning,” saying, "You know, there was a time back many years ago where CEOs were just supposed to focus on profits only, and not so much the constituencies. And that's never been my view. I've never subscribed to that.”Plus, New York City enters phase 2 reopening, but will people rush back into offices? The “Squawk on the Street” team discusses that, NYC real estate and more. 
6/22/202044 minutes, 42 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/20/202041 minutes, 39 seconds
Episode Artwork

Stocks Surging, Juneteenth and Corporate America, States Continue Seeing Record Spikes, AMC CEO Facing Criticism Over Masks

David Faber & Jim Cramer discuss the surge for stocks as Wall Street heads for its fourth weekly gain in five weeks. Investors taking note of a report saying China was set to up its purchases of U.S. farm products to comply with phase one trade deal. The report easing concerns about U.S.-China trade relations as the two continue exchanges of heated rhetoric over the coronavirus. States continuing to push for reopening as California, Arizona, Florida and Texas all report record spikes in coronavirus cases. The CEO of AMC facing criticism after saying the company will not require moviegoers to wears in its theatres. Plus, it’s Juneteenth, the anniversary of the day in 1865 that Union forces announced in Texas that slaves were free, more than two years after President Lincoln signed the Emancipation Proclamation. David & Jim discuss the anniversary and how corporate America is working toward tangible change to tackle systemic racism.
6/19/202044 minutes, 52 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/19/202045 minutes, 24 seconds
Episode Artwork

Stocks Stumble, Carnival Crushed, Hertz Abandons $500 million Stock Sale

David Faber and Jim Cramer discuss the drop in stocks, airlines and retailers sliding. Investors are weighing the rising number of coronavirus cases in the U.S. and around the world, as states continue pushing for reopening. Shares of Carnival getting crushed after reporting a miss on the top & bottom line. The cruise line saying it expects a net loss for the 2nd half of this year, but is seeing growing demand for new 2021 bookings. Hertz abandoning its plan to sell $500 million of stock after an SEC review. David Faber asking Chairman Clayton yesterday on “Squawk on the Street” if the SEC is in a position to stop a potential sale of stock by the company if he takes issue with it. Clayton responding, “there are a number of powers that we have, but we do have to follow due process here. And in a new issue situation like we have where there is new stock, one of the processes is to review the disclosure for the issuance, and we’ve let the company know we have comments on the disclosure”
6/18/202044 minutes, 43 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/18/202044 minutes, 21 seconds
Episode Artwork

Stocks Moving Higher, Cruise Stocks Hit, Fauci: We’re Still in a First Wave, Zuckerberg’s Voting Campaign

David Faber & Jim Cramer discuss the state of stocks, jumping as Wall Street tries for a 4-day win streak. Dr. Fauci warning of the risk that the virus will spread. In an interview with the Wall Street Journal he said, "When I look at the TV and I see pictures of people congregating at bars when the location they are indicates they shouldn't be doing that, that's very risky. People keep talking about a second wave… We're still in a first wave." Covid-19 infections hitting record highs in six U.S. states on Tuesday as states move forward with reopening their economies. Cruise stocks taking a hit as Norwegian extends the suspension of its voyages through the end of September. Facebook’s CEO Zuckerberg unveiling his company’s campaign to boost voter registration, turnout and voices. He also announced users will be able to turn off political ads writing, “And for those of you who've already made up your minds and just want the election to be over, we hear you — so we're also introducing the ability to turn off seeing political ads.”
6/17/202044 minutes, 55 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/17/202044 minutes, 54 seconds
Episode Artwork

Market Surge, Treatment Hopes, Retail Sales, Royalty Pharma CEO, SoftBank’s T-Mobile Stake

David Faber and Jim Cramer discuss the massive surge for stocks. Multiple reports emerging saying dexamethasone, a widely available drug, can help critically ill coronavirus patients. The treatment reportedly reduced Covid-19 deaths in hospitalized patients by up to one third. Another piece of the market puzzle, the government reporting a record 17.7% increase in retail sales for May. An IPO over at the Nasdaq, Royalty Pharma, the CEO joining the “Squawk on the Street” gang ahead of its opening trade. Plus, David’s reporting on SoftBank. Sources telling him the company plans to sell up to two-thirds of its stake in T-Mobile early next week valuing the transaction at about $20 billion.
6/16/202045 minutes, 4 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/16/202043 minutes, 24 seconds
Episode Artwork

Pullback Continues, Second Wave Fears and Record Cases, Airlines & Cruise Stocks Tank, Word of Caution

David Faber and Jim Cramer discuss the continuing pullback for stocks. Investors grappling with signs of a second wave of coronavirus cases as the U.S. economy reopens. Record spikes spanning across the U.S. in Alabama, Alaska, Arizona, Arkansas, California, Florida, North Carolina, Oklahoma, South Carolina and Texas. Meanwhile, Governor Andrew Cuomo warning New Yorkers against triggering a second wave saying the state has received 25 thousand complaints about businesses violating rules of the phased reopening. Airline and cruise stocks tanking over fears of a second wave. Walmart announcing its partnering with e-commerce platform Shopify to expand its third-party marketplace, trying to benefit from the online shopping boom. Plus, David & Jim’s word of caution, hear what they’re saying about retail investors. 
6/15/202044 minutes, 41 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening America

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/13/202050 minutes, 32 seconds
Episode Artwork

Stocks Swing, Trying to Recover From the Worst Day Since March, Coronavirus Cases, Starbucks Announces Black Lives Matter T-Shirt Partnership

Carl Quintanilla and Jim Cramer discuss the market volatility. Stocks swinging as they try and recover from the worst day since March. Investors going straight back to reopening plays, Carnival and United Airlines among the big winners along with brick-and-mortar retailers Kohl’s & Gap. Thursday’s big sell-off was sparked by fears over reopening of the economy and thinking it could be delayed by a second wave of cases. Houston-area officials warning they’re getting close to re-imposing its stay-at-home order. And Florida breaks its record for new coronavirus cases recorded in a single day. Shares of Boeing pushing the DOW higher. The Wall Street Journal reporting it’s pulling back on its restart of production for the 737 MAX jet. Starbucks announcing it’s going to allow baristas to wear Black Lives Matter attire and accessories after backlash. The company announcing it will make 250 thousand shirts with a design that includes “Black Lives Matter” and “No Justice, No Peace” available to workers.
6/12/202044 minutes, 44 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/12/202045 minutes, 21 seconds
Episode Artwork

Stocks Plunging, Investors Weigh Comments from the Fed, Coronavirus Second Wave Fears, Treasury Secretary Mnuchin: We Can’t Shutdown the Economy Again

Carl Quintanilla, Jim Cramer and David Faber discuss the swift move lower for stocks. Major averages tumbling on the heels of comments from the Chairman of the Federal Reserve yesterday and reopening fears. Fed Chairman Powell saying, “We’re not thinking about raising rates. We’re not even thinking about thinking about raising rates. What we’re thinking about is providing support for the economy. We think this is going to take some time.” The Fed sees rates staying near zero through 2022 and GDP tumbling 6.5% in 2020. Investors also becoming concerned about a second wave of coronavirus cases, continuing to rise in certain states, as the U.S. pushes deeper into reopening the economy. Treasury Secretary Steven Mnuchin joins the “Squawk on the Street” gang to discuss small business lending, the state of the economy, and shutting down again in the face of a second wave. Hear why he says, “we can not shutdown the economy again.” Plus, the CEO of GrubHub on the big deal news of the day, as his company is acquired by Just Eat Takeaway for $7.3 billion.
6/11/202051 minutes, 56 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/11/202045 minutes, 23 seconds
Episode Artwork

Nasdaq Hits a Fresh Record High, Reopening in America, Starbucks Pandemic Hit, Faber’s New Reporting on GrubHub & Uber

Carl Quintanilla and Jim Cramer discuss the surge in tech stocks, with the Nasdaq hitting a fresh record high. Plus, it’s a mixed picture across America as states begin to reopen. 21 states reporting weekly increases in new cases of COVID-19, as Arizona reactivates its emergency plan for medical facilities. One of the states hit hardest by the pandemic, New Jersey, lifting its stay-at-home order. Plus, David Faber phones in for in-depth reporting on GrubHub & Uber. Sources telling him that Uber is close to exiting those deal talks with GrubHub. Sticking with deal news Faber discusses Simon Property Group terminating its agreement with Taubman. Plus, Starbucks says it lost $3 billion in revenue in the latest quarter due to the coronavirus pandemic. The coffee chain says it expects to swing to a loss in the fiscal third quarter and that same-store sales in the U.S. and China to decline 10% to 20% for the full fiscal year.
6/10/202047 minutes, 13 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening America

Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/10/202044 minutes, 38 seconds
Episode Artwork

Comeback Rally Hits Pause, Market Speculation Spikes, Macy’s Surges on Preliminary Results

The “Squawk on the Street” team discusses the pause in the market and the spike in market speculation.Investors turning back to the recession and coronavirus pandemic. The World Health Organization warning that the pandemic is still worsening around the world, as the U.S. continues to reopen. Comeback trades on optimism about the reopening of the economy were lower. Names like United and Delta each dropping more than 10%. David Faber reports on speculative trades surrounding Nikola, after shares jumped more than 20% Tuesday before reversing course to trade 10% lower. On Monday, the stock more than doubled. Plus, a bright spot in retail, as Macy’s surges on positive preliminary results. The company says stores that are reopening are topping expectations and they’re regaining customers much quicker than expected.
6/9/202045 minutes, 15 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening America

Listen to CNBC's special report about the novel Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money.
6/9/202045 minutes, 23 seconds
Episode Artwork

Rally Continues, Reopening Stocks Surge, AstraZeneca – Gilead Merger in the Works?

Carl Quintanilla, Jim Cramer and David Faber discuss the continuing rally for the major averages to start the week. Stocks tied to the reopening of the economy leading gains once again with airlines, retailers and cruise lines moving higher. After two months in lockdown, New York City, begins its phase one reopening. Billionaire investor Stanley Druckenmiller joining CNBC saying, “what is clearly happening is the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force… with a combination of the Fed money and, in particular, a vaccine where the news has been very, very good.” Plus, David Faber’s new reporting on that possible AstraZeneca, Gilead merger. Sources telling him the two companies are not in deal talks.
6/8/202045 minutes, 16 seconds
Episode Artwork

Special Report | Markets in Turmoil: Crisis in America

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.
6/6/202050 minutes, 31 seconds
Episode Artwork

Shocking Record Surge in U.S. Jobs, Stocks Surging, Exclusive: Vice President Pence

Carl Quintanilla, Jim Cramer and David Faber discuss the shocking record surge in U.S. jobs. Employers adding 2.5 million jobs for the month of May, while the unemployment rate slide to 13.3%. Economists had been expecting a drop of more than 8 million jobs and the unemployment rate to reach nearly 20%. Here why Cramer says ‘we’re back.’ Plus, an exclusive interview with the Vice President of the United States, Mike Pence.Here everything he had to say on the jobs report, economic recovery, coronavirus and the current state of civil unrest in the country.
6/5/202050 minutes, 27 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.
6/5/202045 minutes, 1 second
Episode Artwork

Rally Hits Pause, The Strip Reopens for Business, ZoomInfo CEO on IPO, LVMH Deal with Tiffany

Carl Quintanilla, Jim Cramer and David Faber discuss the pause in the rally for stocks. Protests across the U.S. becoming less violent. Former Defense Secretary Mattis breaking his silence, tearing into President Trump writing, “Donald Trump is the first president in my lifetime who does not try to unite the American people—does not even pretend to try. Instead, he tries to divide us,” Mattis wrote. U.S. businesses continuing to slowly reopen, as the Las Vegas Strips opens with new safety measures in place. An IPO over at the Nasdaq, ZoomInfo Technologies. The CEO joining the “Squawk on the Street” gang to discuss going public during civil unrest, a pandemic and much more. Plus, David Faber’s reporting on LVMH, as sources tell him the company has yet to propose any change in the deal terms with Tiffany.
6/4/202045 minutes, 22 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.
6/4/202045 minutes, 25 seconds
Episode Artwork

Investors Shrug Off Protests & Virus Fears, Zuckerberg Stands Firm, Warner Music CEO on IPO

Carl Quintanilla, Jim Cramer and David Faber discuss the state of the market as investors continue to shrug off protests across America and coronavirus fears. Stocks rising as the market continues to rally on optimism over economies emerging from shutdowns. Nationwide tensions easing slightly overnight, as thousands of demonstrators launched peaceful protests across the U.S. over the police killing of George Floyd. Major cities enacting earlier curfews and beefing up law enforcement resources after days of violence. Mark Zuckerberg speaking to employees during a virtual all-hands meeting, standing firm in his refusal to moderate Trump despite employee walkouts and resignations. Plus, the CEO of Warner Music joins “Squawk on the Street,” as the company prepares to make its public debut. Hear what he had to say about going public amid the global pandemic, civil unrest and much more.
6/3/202045 minutes, 54 seconds
Episode Artwork

Special Report | Markets in Turmoil: Crisis in America

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.
6/3/202047 minutes, 52 seconds
Episode Artwork

Special Report | Markets in Turmoil: Crisis in America

Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S.
6/3/202047 minutes, 52 seconds
Episode Artwork

Investors Ignore Civil Unrest, Facebook Employees Virtually Walk Out, Live Interview with Astronauts in Space

Carl Quintanilla, Jim Cramer and David Faber discuss the markets lack of response to the civil unrest spreading through America. Protests turning violent overnight throughout the U.S., as cities begin enacting curfews. Facebook’s employees responding to CEO Mark Zuckerberg, staging a virtual walkout over his inaction on President Trump’s posts on the social media platform. As part of the walkout, employees took the day off work and managers at the company were told by HR not to retaliate against staff who were planning to protest. Plus, the “Squawk on the Street” team has a LIVE interview with the SpaceX Crew Dragon Astronauts from the International Space Station.
6/2/202043 minutes, 33 seconds
Episode Artwork

Special Report | Crisis In America

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
6/2/202051 minutes, 11 seconds
Episode Artwork

Civil Unrest in America, Stocks Start June in the Red, Retailers Take Another Hit

Carl Quintanilla, Jim Cramer and David Faber discuss the start of a new month; stocks falling to start June trading on Wall Street. Investors taking stock of the civil unrest spreading across America over police brutality. The CEO of Merck, Ken Frazier, speaking with CNBC about the unrest in America saying, “I think business has to go beyond what is required here.” Retailers taking another hit Amazon’s Whole Foods, Target, Apple and other major retailers are temporarily closing stores across the country due to the protests. This comes as states were reopening their economies after the coronavirus pandemic forced the country to shutter businesses.
6/1/202045 minutes, 8 seconds
Episode Artwork

Special Report | The Path Forward

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/30/202044 minutes, 8 seconds
Episode Artwork

Mixed Picture for Stocks, China News Conference Coming, Twitter Flags Trump, Bristol Myers CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the mixed picture for stocks on the last trading day for the month of May. Investors are bracing for a news conference on U.S. – China relations from President Trump this afternoon. And a battle between the President and social media companies heating up. Twitter flagging a tweet from the President on Minneapolis saying it’s quote, “glorifying violence.” Plus, the CEO of Bristol Myers joins “Squawk on the Street” to discuss the development of a vaccine for Covid-19.
5/29/202046 minutes, 58 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/29/202044 minutes, 29 seconds
Episode Artwork

Stocks Struggle After Pop, ‘FAIRNESS!’, Cracking down on Facebook & Twitter

Carl Quintanilla, Jim Cramer and David Faber break down the swift move downward for stocks as they struggle after popping at the open. The President preparing to sign an executive order aimed at cracking down on social media giants Facebook and Twitter. The order would push the FCC to tighten its oversight of online publishers and clarify regulations under Section 230 of the Communications Decency Act. The backlash comes just days after Twitter began fact-checking some of the President’s tweets. This morning President Trump tweeting, “a Big Day for Social Media and FAIRNESS!” Plus, Cramer’s take on the retailers reporting results. Both Dollar General & Dollar Tree beating the street and benefiting from the change in consumer behavior during the pandemic.
5/28/202045 minutes, 4 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/28/202044 minutes, 41 seconds
Episode Artwork

Stocks Surge for Second Day, Cramer’s Covid Index, NXP Semiconductors CEO

Carl Quintanilla, Jim Cramer & David Faber discuss the surge in stocks. The Dow trading back above 25 thousand and aiming for its first close above that level since back in March. All 50 states in the U.S. have begun reopening their economies to some extent. Cramer unveils his new picks for his Covid Index, the companies he sees succeeding in these unprecedented times. Plus, NXP Semiconductors new CEO joins the “Squawk on the Street” team as he begins his first day on the job. Hear what he has to say about the road ahead for his company and the economy in the Covid-19 era. 
5/27/202045 minutes, 40 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/27/202043 minutes, 46 seconds
Episode Artwork

Massive Rally, Vaccine Hopes, NYSE President Cunningham on Reopening

Carl Quintanilla, Jim Cramer & David Faber discuss the massive rally in stocks as optimism grows surrounding the reopening of the economy and a potential coronavirus vaccine.Merck announcing its in collaboration to develop a coronavirus vaccine, with clinical trails to start this year. Plus, Novavax says it started the first human study of its experimental coronavirus vaccine. It’s expecting initial results on safety and immune responses in July. A historic moment as the NYSE partially reopens. New York Governor Andrew Cuomo rings the opening bell to mark the occasion. NYSE President Stacey Cunningham joins the “Squawk on the Street” gang to discuss the reopening strategy and the road ahead in the age of Covid-19.
5/26/202052 minutes, 16 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/23/202043 minutes, 43 seconds
Episode Artwork

Whipsaw Stock Market, “Promising” Vaccine Data, Biden “Amazon Should Start Paying Their Taxes”

The “Squawk on the Street” gang discuss the morning’s whipsaw for stocks. China, U.S. tensions ramp up after China released draft legislation over new national security measures on Hong Kong.The law is expected to increase Beijing’s hold over Hong Kong after last year’s burst of anti-government protests. Tensions overshadowed positive comments on a potential coronavirus vaccine from the director of the National Institute of Allergy & Infectious Diseases. Fauci telling NPR that Moderna’s vaccine data looked “promising.” Plus, the “Squawk on the Street” crew discusses Apparent Democratic nominee Joe Biden’s comments to CNBC that Amazon, “should start paying their taxes.”
5/22/202046 minutes, 3 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/22/202044 minutes, 59 seconds
Episode Artwork

Stocks Seesaw, Total Initial Jobless Claims Top 38 Million, ‘Legal’ and ‘Moral Responsibility’ to Wear A Mask

Carl Quintanilla, Jim Cramer & David Faber discuss the swing in stocks, turning positive after falling at the open. Total initial jobless claims topping 38 million. Retailers continue to take center stage on the earnings front Best Buy, TJX, L Brands and more reporting results. The “Squawk on the Street” gang digs through the numbers and what they’re signaling about the state of the economy. President Trump is heading to a Ford plant, in Michigan, that’s been transformed to make PPE & ventilators. But will the President wear a mask? Michigan’s attorney general penning an open letter saying he has a ‘legal’ and moral’ responsibility to wear a mask on the Ford plant tour.
5/21/202045 minutes, 3 seconds
Episode Artwork

Special Report | Markets in Turmoil: Travel & Contact Tracing

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/21/202045 minutes, 18 seconds
Episode Artwork

Volatile Week on Wall Street, Treatment & Vaccine Uncertainty, Retailers Report

Carl Quintanilla, Jim Cramer & David Faber discuss the volatile week on Wall Street. Retailers reporting results as investors continue to watch how the reopening of states is going. Shares of Lowe’s jumping after reporting strong results, same-store sales increasing for the first quarter. Target also out with earnings, saying a surge in digital sales fueled a big increase in same-store sales. Vaccine experts are questioning Moderna’s Covid-19 data saying it leaves some big questions. Plus, David Faber’s reporting on Forescout technologies accusing Advent of violating its merger agreement after the company put the acquisition on hold.
5/20/202045 minutes, 29 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/20/202045 minutes, 1 second
Episode Artwork

Stocks Edge Lower, A Tale of 2 Retailers & Softbank’s T-Mobile Plans

Carl Quintanilla, Jim Cramer & David Faber discuss the pullback for stocks with the Dow sinking more than 100 points following yesterday’s 900 point surge. Investors closely watching today’s Senate testimony from Fed Chairman Jerome Powell & Treasury Secretary Mnuchin. Plus, retail in the COVID-19 era, Walmart reporting a 74% surge in e-commerce sales, and Home Depot reporting a hit to profits amid rising coronavirus costs. And David’s latest reporting on Softbank’s plans to sell part of its stake in T-Mobile.
5/19/202047 minutes, 43 seconds
Episode Artwork

Special Report | Markets in Turmoil: Vaccine Latest

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/19/202044 minutes, 42 seconds
Episode Artwork

Strong Open on Wall Street, Moderna Skyrockets on Vaccine Trial Data, Uber – Grubhub Deal Coming?

Carl Quintanilla, Jim Cramer and David Faber discuss the big Monday morning rally. Stocks surging as Moderna reports positive data on an early-stage coronavirus vaccine trail. Shares of Moderna skyrocketing 30% after it said dose-dependent increases in immune responses were seen across three different dose levels, and that the treatment was generally safe and well-tolerated. Plus, an optimistic Federal Reserve Chairman Jay Powell giving investors hope. On CBS’ “60 Minutes” Chairman Powell said GDP shrinkage could in the 20s or 30s, but he doesn’t see the economy entering another Depression. He also said that the country will get to “an even better place” than it was before the coronavirus hit, and that it “won’t take that long.” David Faber reports on the possible Uber, Grubhub deal. Plus, shares of Disney surging to start the week. The company announcing it will reopen part of the shopping area at its Disney Springs resort in Florida on Wednesday. The company will be implementing a variety of safety measures, including masks and contactless payment options.
5/18/202045 minutes, 31 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/16/202044 minutes, 28 seconds
Episode Artwork

Stocks Slump After Record Drop in Retail Sales, U.S.-China Tensions Rising, NYSE President Stacey Cunningham

Carl Quintanilla, Jim Cramer & David Faber discuss the fall in stocks on the back of a record plunge in U.S. retail sales. Investors also keeping a close eye on rising trade tensions between China and the U.S. The Trump administration moving to block semiconductor shipments to Huawei. The Commerce Department said it would “strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.” China biting back, the editor-in-chief of Chinese state-run publication Global Times, tweeting that China would “restrict or investigate” U.S. companies including Qualcomm, Cisco Systems and Apple if the U.S. takes further action against Huawei’s supply chain. The New York Stock exchange announcing it will be reopening its trading floor after Memorial Day, with changes. NYSE President, Stacey Cunningham joining the “Squawk on the Street” gang on her reopening strategy and precautions in the era of Covid-19.Plus, shares of J.C. Penney were halted, people familiar with the situation telling CNBC, J.C. Penney’s advisors are working on a bankruptcy filing that could come as early as Friday morning.
5/15/202028 minutes, 28 seconds
Episode Artwork

Special Report | Markets in Turmoil: Remdesivir Challenges

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/15/202045 minutes, 24 seconds
Episode Artwork

Stocks Slump, 36 Million Jobs Lost, Vaccine in 2021?, AbbVie CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the big hit to stocks after jobless data underscored the coronavirus’ devastating toll on the economy. New claims brought the Covid-19 crisis total to nearly 36.5 million job losses over the past two months, by far the biggest job losses in U.S. history. A record 20.5 million jobs were lost in April alone. On the vaccine front, Novartis CEO saying it may take until the end of 2021 before getting a vaccine. The CEO writing an op-ed published in Switzerland’s Handelszeitung, “The ultimate way to deal with this pandemic is likely to be a vaccine against Covid-19… That will take more time – my guess is about one and a half to two years.”Plus, the CEO of Abbvie joins the “Squawk on the Street” gang to discuss covid-19 treatments, vaccine development and the road ahead.
5/14/202046 minutes, 52 seconds
Episode Artwork

Special Report | Markets in Turmoil: Recession vs. Reopening

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/14/202045 minutes, 13 seconds
Episode Artwork

Powell Speaks, ‘Significant Downside Risks,’ Stocks Falling, Lone Star State Move?

Powell speaks. The “Squawk on the Street” team digests comments from the Federal Reserve Chairman, as he speaks with the Peterson Institute for International Economics. Stocks falling, the Dow dropping 250 points as Powell says he sees ‘significant downside risks.’ On the highly debated concept of negative rates Powell says, “The committee’s view on negative rates really has not changed. This is not something that we’re looking at.” Plus, Hedge Fund Manager Stanley Druckenmiller telling the Economic Club of New York, “the risk-reward for equity is maybe as bad as I’ve seen it in my career.” And the Tesla reopening saga comes to an end… for now. Alameda County agreeing to let Tesla reopen if certain conditions are met. This comes as Elon Musk speaks with Texas Governor, Gregg Abbott, about moving his factory from California to Texas.
5/13/202057 minutes, 3 seconds
Episode Artwork

Special Report | Markets in Turmoil: Democratic Aid

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/13/202045 minutes, 11 seconds
Episode Artwork

Stocks Moving Higher, Dr. Fauci to Testify Before the Senate, Defying Orders

Stocks rising slightly as investors evaluate the latest attempts to reopen the economy. The Nasdaq is heading for its seventh straight day of gains. Dr. Anthony Fauci and other health officials will testify before the Senate Health Committee discussing reopening the economy. Simon Property Group, the biggest U.S. mall owner is planning to have 50% of its centers reopened this week, as states begin to loosen their lockdown restrictions. Plus, it’s Elon Musk vs. California. Tesla’s CEO defying orders and reopening his plant in Alameda County in a standoff with county officials. Musk tweeting: “Tesla is restarting production today against Alameda Country rules. I will be on the line with everyone else. If anyone is arrested, I ask that it only be me.” Plus, the CEO of International Flavors & Fragrances joins the “Squawk on the Street” team on earnings and the road ahead during the COVID-19 pandemic.
5/12/202047 minutes, 35 seconds
Episode Artwork

Reopening the Economy Jitters, Retail Woes, The ‘Second Depression’, Treasury Secretary Mnuchin

Carl Quintanilla, Jim Cramer and David Faber discuss stocks falling to start the week amid jitters about reopening the economy too soon. Oil moving to the upside after Saudi Arabia says it will cut its oil production by an additional 1 million barrels per day. Retail woes, Under Armour reporting results with sales plunging 23%. Billionaire hedge fund investor Paul Tudor Jones commenting on the economy saying it would be in a “Second Depression” if the coronavirus pandemic doesn’t get contained in a year. Plus, Treasury Secretary Steven Mnuchin telling the “Squawk on the Street” gang that the administration is unfazed with the federal government’s historic $3 trillion in spending to combat the impact of the coronavirus thanks to the nation’s low interest rates.
5/11/202052 minutes, 2 seconds
Episode Artwork

Special Report | Markets in Turmoil: Your Business & Reopening America

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/9/202043 minutes, 1 second
Episode Artwork

Record Job Losses, Stocks Surging, Shanghai Disneyland Tickets Sellout for Opening Day

The “Squawk on the Street” team discusses the record job losses for the month of April.Nonfarm payrolls fell by 20.5 million and the unemployment rate rose to 14.7%, both post-World War II records. Investors were unphased by the numbers as stocks continued their run, with all three major averages in the green. The world continues its slow push to reopening economies. In Shanghai, tickets for the reopening of Disneyland sold out for its opening day on May 11th within minutes. It’s the first major theme park to reopen amid the COVID-19 outbreak. The government has mandated that Disney operate at 30% capacity, or about 24 thousand visitors.
5/8/202047 minutes, 36 seconds
Episode Artwork

Special Report | Markets in Turmoil: California Reopening & Moderna Vaccine

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/8/202043 minutes, 24 seconds
Episode Artwork

Nasdaq Goes Positive for 2020, Moderna Surges on Coronavirus Vaccine Phase 2 Approval, Raytheon Technologies CEO

Carl Quintanilla, Jim Cramer & David Faber discuss the swing in stocks. The Nasdaq turning positive for 2020, making it the first of the three major averages to claw back its steep losses for the year. Energy stocks among the biggest gainers as oil prices jumped nearly 10%, bringing their gains for the week to more than 30%. Shares of Moderna skyrocketing after announcing the FDA cleared its coronavirus vaccine for phase 2 trail. Carl, Jim & David break down the big earnings movers of the morning including: ViacomCBS, Teva Pharmaceuticals, Costco, PayPal, Peloton, and many more. Plus, the CEO of Raytheon Technologies, Greg Hayes, joins the “Squawk on the Street” gang to discuss his company’s results, the impact of COVID-19 on Raytheon’s bottom line and the road ahead.
5/7/202049 minutes, 34 seconds
Episode Artwork

Special Report | Markets in Turmoil: Amazon Death & Child Illness

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/7/202045 minutes, 5 seconds
Episode Artwork

Giving Up Gains, Uber Announces Cutting About 14% of its Workforce, Disney’s Park Plans

Carl Quintanilla, Jim Cramer and David Faber discuss the turn in the market, as investors digest the latest private payrolls report from ADP, showing a drop of 20.2 million in April. The pandemic forcing employers of all sizes to cut back and lay people off. That being one theme of the morning as Uber announces it’s cutting about 3,700 workers, about 14% of its workforce, as it looks to reduce costs amid a falloff in rides during the pandemic. Disney reporting results, announcing that it’s suspending its dividend for the first half of the fiscal year. A key metric, the company’s parks segment, was down 10% as its theme parks around the world have been closed due to the coronavirus. Disney says it’s planning to reopen its Shanghai park on May 11th.
5/6/202047 minutes, 15 seconds
Episode Artwork

Special Report | Markets in Turmoil: Pfizer Vaccine & Food Prices

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/6/202045 minutes, 21 seconds
Episode Artwork

Reopening Hopes, Stocks Rise for Second Day, Starbucks Opening Plans, Vaccine Testing

Carl Quintanilla, Jim Cramer and David Faber discuss the pop in stocks for the second day in a row. Investors looking toward a more hopeful picture for reopening the economy. Pfizer is beginning human testing for its experimental coronavirus vaccine in the U.S. The company is working alongside German drugmaker BioNTech, saying the first human participants in the U.S. have been dosed with the potential vaccine. Starbucks announcing its plans to reopen more than 85% of its U.S. stores by the end of this week. It initially won’t allow dine-in service, but will provide pickup and delivery in cafes, as well as drive-through. By early June, the company expects to have more than 90% of its stores open with limited hours. Plus, WeWork co-founder Adam Neumann is going after Softbank, suing them over its failed tender offer.
5/5/202047 minutes, 43 seconds
Episode Artwork

Special Report | Markets in Turmoil: Airlines & Future of Sports

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/5/202045 minutes, 25 seconds
Episode Artwork

Stocks Slump to Start the Week, Buffett Bails on the Airlines, Salesforce Unveils New Tools For Reopening, Benioff on The Road Ahead

Carl Quintanilla, Jim Cramer & David Faber discuss the slump in stocks to start the week. Investors weighing tensions between the U.S. and China over COVID-19. Airline stocks among the biggest losers in the S&P, with Delta, United and American all dropping more than 7%. The oracle of Omaha, Warren Buffett, saying over the weekend his Berkshire Hathaway sold all of its airline holdings because of the coronavirus outbreak. Salesforce releasing new tools to help organizations in their efforts to reopen safely. Salesforce CEO, Marc Benioff joined the "Squawk on the Street" gang to discuss the new tools they're unveiling and the road ahead to reopening the economy.
5/4/202055 minutes, 50 seconds
Episode Artwork

Special Report | Markets in Turmoil: Gilead & COVID-19 Testing

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/2/202045 minutes, 26 seconds
Episode Artwork

Stocks Slump to Start May, NEC Director Larry Kudlow, "If you're a shareowner in Amazon, you may want to take a seat"

Carl Quintanilla, Jim Cramer and David Faber discuss the slump for stocks to start the month of May. Two big tech giant's in focus: Amazon & Apple both reporting results. Amazon CEO Jeff Bezos telling investors they're planning to spend all of their Q2 profits on a response to the coronavirus. In the press release post earnings Bezos said, :"If you're a shareowner in Amazon, you may want to take a seat, because we're not thinking small. Under normal circumstances, in this Q2, we'd expect to make some $4 billion or more in operating profit. But these aren't normal circumstances." Apple reporting flat revenue and didn't offer guidance because of the uncertainty surrounding COVID-19. Plus, National Economic Council Adviser Larry Kudlow joins "Squawk on the Street" to discuss the road ahead for the economy in the wake of the coronavirus and how the White House is planning to move forward with China.
5/1/202052 minutes, 2 seconds
Episode Artwork

Special Report | Markets in Turmoil: Healthcare & Reopening

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
5/1/202044 minutes, 27 seconds
Episode Artwork

Weak Economic Data, Stocks Falling to Close Out the Month, Big Earnings Movers, McDonald's CEO on COVID-19 and its Impact on His Company.

Carl Quintanilla, Jim Cramer and David Faber discuss the tough economic data as U.S. weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks. The busiest week of earnings season continues, as giants Facebook, Microsoft, Qualcomm and Tesla reported results.McDonald's among the company's reporting results, earnings missed but revenue beat. The fast-food giant seeing strong sales prior to the hit from COVID-19, but saw a sizeable decline once the pandemic hit. McDonald's CEO joining the "Squawk on the Street" gang to discuss the impact of coronavirus on his company's bottom line, the road ahead and how they're going to protect employees and customers going forward. The CEO's of DOW and ServiceNow also joining Carl, Jim and David to discuss earnings, the quarters to come and how the expect the virus will impact their companies going forward.
4/30/202059 minutes, 34 seconds
Episode Artwork

Special Report | Markets in Turmoil: Gilead Latest

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/30/202044 minutes, 20 seconds
Episode Artwork

Markets Surge on Positive COVID-19 Study, "Squawk on the Street" CEO Bonanza

Carl Quintanilla, Jim Cramer and David Faber discuss the surge in stocks, after Gilead releases positive data from its potential coronavirus treatment. The results of its own study showed improvement in patients taking remdesivir to treat the virus. The busiest earnings week continues and the CEOs join "Squawk on the Street." Hear what the CEO's of Boeing, Starbucks, AMD, Spotify and GE had to say about the future of their companies, growth, the economy and leading in the age of COVID-19.
4/29/20201 hour, 20 seconds
Episode Artwork

Special Report | Markets in Turmoil: Reopening Malls

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/29/202045 minutes, 5 seconds
Episode Artwork

Adding to Gains, Mnuchin on the Small Business Loan Program Backlash, Southwest CEO on the Future of Airlines

Carl Quintanilla, Jim Cramer and David Faber breakdown the busiest week of earnings season. The major averages adding to yesterday's gains, heading for a 5-day win streak. Treasury Secretary Mnuchin says the government will perform a full audit on any company taking out more than $2 million from the small business loan program. The program has faced backlash after several public companies disclosed they had taken out loans.  Plus, the CEO of Southwest on the companies earnings and the future of airline travel in the wake of COVID-19. Southwest's Gary Kelly telling the "Squawk on the Street" crew they can't sustain the cash burn indefinitely and the airline is looking at strategies based on different demand scenarios.
4/28/202047 minutes, 18 seconds
Episode Artwork

Special Report | Markets in Turmoil: Expanding Testing

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/28/202045 minutes, 1 second
Episode Artwork

Stocks Surge to Start the Week, Regeneron's Covid-19 Treatment Disappoints, Returning Aid, Apple Pushing Back Production

Carl Quintanilla, Jim Cramer and David Faber discuss the up start for stocks to kickoff the week. Regeneron's arthritis drug that was seen as a promising treatment for some Covid-19 patients delivered disappointing results in clinical studies. The global total for confirmed coronavirus cases closing in on 3 million.Adidas reports results and a 93% plunge in first-quarter profit and sales of 19% missing forecasts and warning of a deeper hit to Q2 revenue. Boeing drops it’s Embraer deal saving around $4 billion in much-needed cash. A report says that Apple is pushing back the production of its new iPhone models. Plus, at least 13 of the public companies that received hardship loans said they’ll be returning the money.
4/27/202046 minutes, 16 seconds
Episode Artwork

Special Report | The Path Forward: Your Business

In this CNBC special report, Shark Tank's Daymond John and individual business owners discuss challenges and struggles in the midst of the coronavirus crisis.
4/25/202044 minutes, 39 seconds
Episode Artwork

Tough Week for Stocks, Retail Woes, Oil Bouncing Back, Verizon CEO As They Pull Their Guidance

Carl Quintanilla, Jim Cramer and David Faber discuss the rough week for stocks and the historic rout for oil. Retail woes in the world of covid-19 as reports J.C. Penney is in advanced talks for bankruptcy financing. Verizon withdrawing its full-year revenue outlook as it lost 68 thousand phone subscribers who pay a monthly bill in the first quarter amid lockdowns that closed 70% of its stores. The CEO of Verizon, Hans Vestberg, joined the "Squawk on the Street" gang to discuss earnings, the road ahead in the wake of covid-19 and the future of 5G.
4/24/202051 minutes, 26 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/24/202043 minutes, 31 seconds
Episode Artwork

Crude Comeback, 5-Week Total for Jobless Claims Hits 26 Million, Target's Digital Sales Surge

Carl Quintanilla, Jim Cramer and David Faber discuss the morning's muted moves for stocks. Crude making a comeback clawing back some of those massive losses. U.S. weekly jobless claims hitting 4.4 million bringing the 5-week total to more than 26 million since the virus took hold. Target says same-store sales rose more than 7% so far in the first quarter. Digital sales at the retailer increasing by more than 275% from a year ago. Plus, a big mover of the morning, Las Vegas Sands reporting a first quarter loss as the coronavirus outbreak kept gamblers away from its casinos, but the company expects a relatively quick recover in its Asian markets.
4/23/202047 minutes, 7 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/23/202045 minutes, 3 seconds
Episode Artwork

Stocks Rising, Snap Surges, Crude Tries to Stabilize After Record Plunge, Delta CEO on The Path Forward

The "Squawk on the Street" team breaks down the surge in stocks, as earnings are underway. Carl Quintanilla and Jim Cramer digest results from Snap, Netflix, AT&T, Delta and Kimberly-Clark. Crude trying to stabilize after a record plunge. The WTI contract for June was up 21%, after an earlier decline. Snap surges on a beat and a massive gain in daily active users. Plus, Delta CEO joins "Squawk on the Street" to discuss the company's results, the impact of COVID-19 and the future of the travel industry.
4/22/202051 minutes, 49 seconds
Episode Artwork

Special Report | Markets in Turmoil: Federal Aid

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/22/202048 minutes, 13 seconds
Episode Artwork

Stocks Slump as a Historic Selloff in Oil Continues, Earnings Alert: The Chairman & CEO of Coca-Cola on Earnings, Coronavirus & The Road Ahead, Plus the CEO of JetBlue on the Future of Airline Travel

"The Squawk on the Street" gang discuss the massive slump in stocks as a historic selloff in oil continues. The WTI contract for May delivery still trading with a negative price on Tuesday, just one day after falling below zero for the first time in history. Storage is quickly filing up, meaning there will soon be nowhere to store crude. Earning season underway with Coca-Cola reporting results. The company saying demand has been weakened by coronavirus pandemic, with global volumes plunging 25% this month.The Chairman and CEO of Coca-Cola joining "Squawk on the Street," commenting on the changing consumer landscape and the impact of COVID-19 on his company's bottom line. Plus, the CEO of JetBlue as their traffic for the month of April falls 90%. On the consumer he says, "I do think there's such a pent-up demand for travel, for people to visit friends and family again, to go on vacation."
4/21/202057 minutes, 25 seconds
Episode Artwork

Special Report | Markets in Turmoil: Oil Plunge

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/21/202045 minutes, 22 seconds
Episode Artwork

Stocks Following a Decline in Oil Prices, Shake Shack Returns Government Loan, The Plan for Las Vegas

Carl Quintanilla, Jim Cramer and David Faber discuss the fall in oil prices over demand concerns with WTI plunging nearly 40%. Shares of Chevron and Exxon Mobil falling more than 5% to lead the Dow Lower. The S&P energy sector losing more than 6% as Occidental and Halliburton both fell more than 10%. Shake Shack returning the small business loan it received from the government, making it the first major firm to hand back money. The company will immediately return the entire $10 million SBA loan as it received additional capital. Plus, the plan to reopen Las Vegas. Wynn Resorts CEO Matt Maddox calling for a mid-to-late May reopening of the Las Vegas Strip, with extensive safety measure in place.
4/20/202046 minutes, 5 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/18/202048 minutes, 23 seconds
Episode Artwork

Stocks Skyrocketing to Close Out the Week, Virus Treatment Hopes, Consumers Stock Up

The "Squawk on the Street" team digests the news moving the market. Stocks surging to close out the week as hopes of a treatment for the coronavirus comes to light. Shares of Gilead surging after a report that a Chicago hospital treating coronavirus patients with remdesivir in a trial were recovering rapidly from severe symptoms. President Trump rolling out his three phase plan to reopen the U.S. economy. Plus, Procter & Gamble reporting results with U.S. sales surging 10% as consumers stocked up on goods ahead of the peak of the outbreak. 
4/17/202047 minutes, 33 seconds
Episode Artwork

Special Report | Markets in Turmoil: Restarting the Economy

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/17/202044 minutes, 53 seconds
Episode Artwork

Mixed Picture For Stocks, Verizon CEO on Buying a Zoom Competitor, Morgan Stanley Chairman & CEO on His Company's Results, the Virus and the Economy

Carl Quintanilla, Jim Cramer and David Faber discuss the mixed picture for stocks, as weekly jobless claims hit 5.245 million raising the monthly loss to 22 million due to the coronavirus. The President is preparing to unveil his guidelines for reopening the economy. The CEO of Verizon joins the "Squawk on the Street" gang to discuss his purchase of Zoom conferencing rival, BlueJeans. Plus, hear what he had to say about yesterday's call with the President and restarting the economy. Morgan Stanley reporting results, the Chairman and CEO weighs in on the future, the virus and its impact on the economy.
4/16/202056 minutes, 43 seconds
Episode Artwork

Special Report | Markets in Turmoil: Consumer Spending

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/16/202043 minutes, 40 seconds
Episode Artwork

Stocks Slump, Big Banks Report, Airlines Aid, Abbott Antibody Test

Carl Quintanilla, Jim Cramer and David Faber discuss the slump for stocks as the big banks report results. Citigroup, Bank of America and Goldman Sachs all reporting this morning. Profit at all three tumbling over 44%. The big four U.S. airlines, Delta, American, JetBlue and Southwest reaching a deal with the Treasury Department for portions of $25 billion in payroll grants to help weather the coronavirus. Abbott Labs announcing a new antibody test that could handle up to 20 million screenings in June.
4/15/202049 minutes
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/15/202044 minutes, 48 seconds
Episode Artwork

Stocks Surging, Earnings Underway, Coronavirus Outlook Improving

Carl Quintanilla, Jim Cramer and David Faber discuss the big surge in stocks as earnings season gets underway. Leading the charge, Johnson and Johnson raising its dividend but cutting its 2020 earnings outlook over the coronavirus outbreak. Two of the big banks, JPMorgan Chase and Wells Fargo reporting results. JPMorgan reporting a big declines in first-quarter earnings from the virus, but posting record markets revenue. Wells Fargo reporting first quarter earnings of just 1 cent as it sets aside more money for credit losses. Plus, President Trump said at the coronavirus press conference that growth in new cases is stabilizing, providing "clear evidence" mitigation is working in the country.
4/14/202049 minutes, 47 seconds
Episode Artwork

Special Report | Markets in Turmoil: Back To Work

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/14/202045 minutes, 16 seconds
Episode Artwork

Stocks Sliding, Historic Oil Deal, Ford's First Quarter Warning

Carl Quintanilla, Jim Cramer and David Faber discuss the slide in stocks to start the week. Confirmed coronavirus cases in the U.S. nearing 550,000 more than any other country in the world with the death count in the U.S. from the virus totaling more than 21,000. Over the weekend OPEC producers and allies agreeing to a record oil deal that will slash global output by about 10% after a slump in demand caused by the virus. The deal is the largest cut in oil production ever agreed upon. Shares of Ford getting hammered after the automaker warned that the coronavirus has significantly impacted its first-quarter performance, including a 15.7% drop in revenue.
4/13/202048 minutes, 20 seconds
Episode Artwork

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/10/202043 minutes, 46 seconds
Episode Artwork

Extending Gains, The Fed's $2.3 Trillion Move, Treasury Secretary Mnuchin on "Squawk on the Street"

Carl Quintanilla, Jim Cramer and David Faber discuss the jump in stocks after the Federal Reserve gave more details on how it's going to be supporting the economy amid the coronavirus pandemic. The Fed unveiling details of $2.3 trillion in programs. The Fed's announcement was enough to outweigh another massive jump in weekly jobless claims. More than 6 million Americans filed for unemployment benefits last week. Plus, Treasury Secretary Steven Mnuchin says as soon as the President feels comfortable, American companies can reopen for business.
4/9/202050 minutes, 11 seconds
Episode Artwork

Special Report | Markets in Turmoil: Testing The Lows

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/9/202044 minutes, 26 seconds
Episode Artwork

Stocks Pop, Treasury Secretary Mnuchin Joins "Squawk on the Street," Iger: Disney Parks Consider 'more scrutiny,' Temperature Checks

Carl Quintanilla, Jim Cramer and David Faber discuss the swing upward for stocks, amid hopes that the number of new coronavirus cases is starting to decline. Confirmed cases in the U.S. surpasses 400,000 and globally over 1.4 million. Treasury Secretary Steven Mnuchin joins the "Squawk on the Street" gang to discuss the PPP loan plan. Secretary Mnuchin trying to assure small businesses by saying, "we will not run out of money." And what will the world look like after the virus? Disney Chairman, Bob Iger telling Barron's that Disney parks are considering 'more scrutiny,' temperature checks after coronavirus. Plus, McDonald's announcing its global same-store sales is down 22% for the month of March amid the pandemic.
4/8/202052 minutes, 25 seconds
Episode Artwork

Special Report | Markets in Turmoil: Outbreak

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/8/202042 minutes, 56 seconds
Episode Artwork

Second Day Surge, Flattening the Curve, AT&T Gets a Loan

Carl Quintanilla, Jim Cramer and David Faber discuss the second day surge for stocks. Investors looking toward a decline in new coronavirus cases. President Trump's Trade Adviser, Peter Navarro, warning the White House in January of the risks of a pandemic, according to a memo obtained by the New York Times. In the memo Navarro said, “The lack of immune protection or an existing cure or vaccine would leave Americans defenseless in the case of a full-blown coronavirus outbreak on U.S. soil.” 3M and the President striking a deal to bring 166.5 million masks to the U.S. in three months to help the coronavirus response. On the corporate front, AT&T says it struck a deal for a $5.5 billion dollar loan, boosting its liquidity amid the coronavirus crisis.
4/7/202046 minutes, 21 seconds
Episode Artwork

Special Report: Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/7/202045 minutes, 24 seconds
Episode Artwork

Stocks Surge, Russia & Saudi Arabia Deal on the Horizon?, Schultz Launches Fund for Restaurant Workers

Carl Quintanilla, Jim Cramer and David Faber discuss stocks surge to start the week. Slowing death rates in Europe offered up some hope that the U.S. would be nearing its peak soon and that social distancing measures are working. Oil cutting its losses after Russia's sovereign wealth fund chief said Russia and Saudi Arabia were very close to a deal on production losses. Plus, the Former Chairman and CEO of Starbucks, Howard Schultz joins the "Squawk on the Street" crew to discuss the coronavirus, as his fund launches "ThePlateFund" for restaurant workers.
4/6/202053 minutes, 22 seconds
Episode Artwork

Special Report | Markets in Turmoil: Your Business

Listen to CNBC's special report, The Path Forward: Your Business. We’ll discuss the challenges facing independent businesses with ‘The Profit’ himself, Marcus Lemonis.
4/4/202045 minutes, 48 seconds
Episode Artwork

The Beginning of the Job Market Collapse, 3M CEO Responds to Trump, Speaker Pelosi on "Squawk on the Street"

Carl Quintanilla, Jim Cramer and David Faber discuss the worst jobs report in a decade. Nonfarm payrolls in March fell by 701 thousand and the unemployment rate rose to 4.4%. The numbers are just beginning to capture the beginning of the job market collapse brought up by efforts to contain the coronavirus. The CEO of 3M joining the "Squawk on the Street" gang after the President went after his company's efforts in the fight against the virus in a tweet. 3M CEO, Mike Roman saying, "The narrative that we are not doing everything we can to maximize delivery of respirators in our own company nothing could be further from the truth. We are doing everything we can to maximize our efforts and to fight COVID-19 and support the health workers in the US." Plus, House Speaker Pelosi on the jobs report and getting small business owners loans.
4/3/202055 minutes, 46 seconds
Episode Artwork

Special Report | Markets in Turmoil: The Path Forward

CNBC's special report will focus on the path forward for individual business owners here in the U.S. Listen for insight from The Profit's Marcus Lemonis, Shark Tank's Kevin O'Leary and Facebook's COO Sheryl Sandberg with details on what her company is doing to help.
4/3/202044 minutes, 45 seconds
Episode Artwork

Choppy Trading, Jobless Claims Mount, Goldman Sachs Chairman & CEO

Carl Quintanilla, Jim Cramer and David Faber discuss the choppy trading as oil rallies big, but gains get capped by a massive surge in jobless claims. WTI jumping 9% after the President said he expects Saudi Arabia and Russia to come to an agreement about their price war that has added to the pain for the crude market, already getting hit by an unprecedented demand slowdown from the coronavirus. Plus, the Labor Department reporting more than 6 million people filed for unemployment benefits in the week of March 27th, hitting a record. And the "Squawk on the Street" gang is joined by the Chairman and CEO of Goldman Sachs, David Solomon. Hear what he has to say about the virus, employees working from home and how he sees a recession playing out.
4/2/20201 hour, 1 minute, 10 seconds
Episode Artwork

Special Report: Markets in Turmoil

Listen to CNBC's special report on how the coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world.
4/2/202044 minutes, 44 seconds
Episode Artwork

Second Quarter Begins, Stocks Tumbling, Treasury Secretary LIVE, Citi CEO on the Outbreak

Carl Quintanilla, Jim Cramer and David Faber discuss the tumble in stocks to kick off a new month and quarter. President Trump warning the U.S. should prepare for a quote "very, very painful two weeks," from the rampant coronavirus. The White House is now projecting between 100,000 and 240,000 deaths associated with the virus. Treasury Secretary Mnuchin joins the "Squawk on the Street" gang, saying he's part of ongoing discussions with congressional lawmakers about a potential infrastructure bill. Plus, the CEO of Citi on how coronavirus is impacting his business, as 80% of his workforce is working from home.
4/1/202057 minutes, 31 seconds
Episode Artwork

Dow Wraps Up Worst Quarter Ever, Stocks Fall, U.S. Sees its Deadliest Day Yet

Carl Quintanilla, Jim Cramer and David Faber mark the last day of the first quarter. Investors wrapping up a period of historic market volatility sparked by the coronavirus pandemic. The Dow is on track for its largest-ever first quarter loss and the S&P 500 is on track for its 2nd largest-ever first quarter loss. Goldman Sachs now penciling in U.S. GDP down 34% year-over-year annualized in Q2 surpassing Morgan Stanley's forecast and is now the lowest on the street. The U.S. death toll from the coronavirus surpassing 3 thousand as it has its deadliest day yet. Spirit airlines cancels all of its flights in and out of New York, New Jersey and Connecticut based on the CDC's advisory warning against all non-essential travel to and from the area.
3/31/202048 minutes, 18 seconds
Episode Artwork

Wall Street Volatility, Coronavirus Numbers Continue to Rise in the U.S., Cigna CEO on Waiving Treatment Costs

Stocks setup for another volatile week. Carl Quintanilla, Jim Cramer and David Faber discuss the massive market swings. Stocks opening positive and quickly turning to a mixed picture, as the Dow loses its gains. The coronavirus continues to spread throughout the U.S., while President Trump announces that the national social distancing guidelines have been extended to April 30th, adding the death rate from the virus would peak in two weeks. The CEO of Cigna, David Cordani, joins "Squawk on the Street" to discuss his company's move to waive patient cost-sharing on all treatments for coronavirus, including hospitalizations and ambulance transfers.
3/30/202051 minutes, 5 seconds
Episode Artwork

Dow Tumbles, Ending Massive 3 Day Win Streak, Verizon CEO Hans Vestberg

David Faber and Jim Cramer breakdown the drop on stocks. Falling sharply Friday, giving back some of the strong gains experienced in the previous three days to cap another volatile week on Wall Street.Investors focusing back on the coronavirus outbreak as the U.S. became the country with the most confirmed cases overtaking China & Italy. Chevron, Boeing and American Express leading the Dow lower, sliding more than 5% each. Plus, the "Squawk on the Street" gang speaks with Verizon CEO, Hans Vestberg. Hear what he has to say about the coronavirus and how it's impacting his business.
3/27/202048 minutes, 34 seconds
Episode Artwork

Stocks Rebounding, Jobless Claims Soar Past 3 Million, Treasury Secretary Mnuchin: Jobless Claims Numbers Not Relevant Right Now

David Faber and Jim Cramer discuss the record number of jobless claims, soaring past 3 million and shatter the Great Recession peak. Treasury Secretary Mnuchin joins "Squawk on the Street," as the Senate passes a $2 trillion dollar stimulus bill, that's now heading to the House. Telling David & Jim that relief is on the ways saying, “most of these will be direct deposit, so we call them checks in the mail, but it will be three weeks... We’re determined to get money in people’s pockets immediately. That will be within three weeks.” On the jobless claims front he says “I just think these numbers right now are not relevant,” when asked about that staggering figure.
3/26/202050 minutes, 45 seconds
Episode Artwork

Mixed Picture, Stimulus Package Passes, Boeing Surges

David Faber & Jim Cramer breakdown the mixed picture on Wall Street. Boeing's shares skyrocketing, giving the Dow a big boost. The company is reportedly planning to restart production of its grounded 737 Max in May. The White House and the Senate reaching a historic deal early Wednesday morning on a massive $2 trillion dollar stimulus bill combating the economic impact of the coronavirus outbreak. Majority Leader McConnell says the Senate will vote and pass the legislation later today. Senate Minority Leader Schumer calling it the "largest rescue package in American history. Plus, Former Federal Reserve Chairman Bernanke, saying the disruption from the virus is closer to a "major snowstorm" than a great depression.
3/25/202051 minutes, 43 seconds
Episode Artwork

Stocks Erase Monday's Losses, Starbucks CEO on the Coronavirus, Speaker Pelosi i on the Stimulus Bill

David Faber and Jim Cramer discuss the road ahead for stocks as they erase Monday's losses, surging at the open. Markets jumping on hope over a stimulus bill. House Speaker Nancy Pelosi joins "Squawk on the Street" to discuss the possibility of getting a deal done. Speaker Pelosi telling Cramer, there's 'real optimism' Congress can reach a stimulus deal in the next few hours.Plus, the CEO of Starbucks, Kevin Johnson weighing in on combating the virus and how he's positioning his company.
3/24/202054 minutes, 14 seconds
Episode Artwork

Volatility Remains, Investors Waiting for Congress to Agree on a Stimulus Bill, 3M CEO

David Faber and Jim Cramer discuss the massive market swings, as stocks move between gains and losses this morning. A fiscal stimulus bill failing to pass a key procedural Senate vote Sunday as Democrats warned the measure didn't do enough to help impacted workers. The Fed taking new steps this morning, an open-ended asset purchase program, which the central bank will run in the "amounts needed to support smooth market functioning and effective transmission of monetary policy to broader financial conditions and the economy." Plus, the CEO of 3M, Mike Roman as his company steps up its efforts to produce those respiratory masks.
3/23/202054 minutes, 37 seconds
Episode Artwork

Going for Two, 'Stay at Home', Walmart's Hiring, Danny Meyer On The Hospitality Industry

Carl Quintanilla, Jim Cramer & David Faber discuss the big movers of the morning. Volatility continues to reign supreme on Wall Street with the Dow on track for its worst week since 2008. The major averages opening in the green as the Dow attempt its first back-to-back gains in 6 weeks. California's Governor Newsom on Thursday issued a statewide for all 40 million residents to 'stay at home' amid the outbreak and the order is in place until further notice. Walmart says it's hiring 150,000 new associate through the end of May, as demand picks up due to the coronavirus. The company also says it will pay special cash bonuses to its hourly employees, $300 for full-time hourly associates and $150 for part-time hourly workers. Plus, Danny Meyer joins Carl, Jim and David after laying off 2,000 workers, or 80% of his employees.
3/20/202056 minutes, 25 seconds
Episode Artwork

Wall Street Faces More Pain, Big CEOs Speak Out on "Squawk on the Street": IBM's Rometty & Mollenkopf

Carl Quintanilla, Jim Cramer and David Faber weed through the Coronavirus headlines and its impact on the stock market. Wall Street facing more losses a day after the Dow closed below 20,000 for the first time since 2017. Microsoft & Walmart shares buck the trend, moving higher. IBM Chairman & CEO, Ginni Rometty speaking out on the virus and what the company is doing to combat the spread. Plus, why she feels "strong about IBM's balance sheet. And doing everything we can to keep it strong." Also, hear what Qualcomm's CEO, Steve Mollenkopf is saying about the virus and people getting back to work in China.
3/19/20201 hour, 1 minute, 17 seconds
Episode Artwork

Volatility Reigns Supreme, Yum! Brands CEO, Mnuchin Warns of High Unemployment

Carl Quintanilla, Jim Cramer and David Faber discuss Wall Street's unprecedented roller-coast ride amid the coronavirus turmoil. Treasury Secretary Mnuchin warning unemployment could hit 20% if they don't act quickly.The CEO of Yum! Brands, David Gibbs, joins the program to discuss his call with President Trump and the impact of coronavirus on his company's bottom line.Plus, President Trump announcing we're temporarily closing the Northern Border with Canada to non-essential traffic.
3/18/20201 hour, 9 seconds
Episode Artwork

Volatility Reigns Supreme, Massive Market Moves, Cisco Chairman & CEO, ServiceNow CEO

Carl Quintanilla and Jim Cramer discuss the massive swings in stock. Wall Street struggles to recover from its worst day in more than 30 years despite signs of potential further stimulus and progress on a possible treatment for the coronavirus. Overnight, Dow futures reached their "limit up" level before rolling over, falling below 20 thousand. Cisco Chairman and CEO, Chuck Robbins, commenting on the virus and how it's impacting his company. Plus, ServiceNow unveiling 4 new emergency apps in the wake of the pandemic, the CEO joins the "Squawk on the Street" gang to discuss.
3/17/20201 hour, 2 minutes, 7 seconds
Episode Artwork

Massive Market Drop, Treasury Secretary Mnuchin Speaks with Cramer.

Carl Quintanilla and Jim Cramer digest the massive market declines.Stocks continuing to fall sharply even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronaviurs outbreak.An instant trading halt at the open as the S&P dropped 6%. The Dow dropping 30% since hitting a record high. Treasury Secretary Mnuchin telling Cramer there will be a lot of 'pent-up demand' when the crisis ends.
3/16/20201 hour, 28 seconds
Episode Artwork

Bouncing Back?, Stocks Rally off of the worst losses since the "Black Monday" Market Crash of 1987, First on Interview with Treasury Secretary Mnuchin

Carl Quintanilla, Jim Cramer and David Faber breakdown the massive moves in stocks, rallying Friday as Wall Street recovers some of the sharp losses in the previous session - the worst since the "Black Monday" market crash in 1987. Plus, a first on interview with Treasury Secretary Mnuchin as the White House and Congress close in on a Coronavirus bill. Secretary Mnuchin weighs in on the President's possible stimulus package and why he says for long term investors this is a "great investment opportunity."
3/13/202058 minutes, 24 seconds
Episode Artwork

Stocks Crater to Sell-Off Lows, Trading Halted Briefly & Cramer: “They Know Nothing”

Carl Quintanilla, Jim Cramer and David Faber today’s massive stock sell-off amid increasing coronavirus fears, equities hitting sell-off lows. The stock plunge triggering a key market circuit breaker after the opening bell, halting trading for 15 minutes for the second time this week. And why Jim is slamming the government’s coronavirus response, saying 'they know nothing,' evoking his epic 2007 Fed rant.
3/12/20201 hour, 1 minute, 4 seconds
Episode Artwork

Stocks Sink, Coronavirus Fears & Fate of Fiscal Stimulus

Carl Quintanilla, Jim Cramer and David Faber discuss another day of wild swings for Wall Street, stocks moving sharply lower amid growing worries about the coronavirus outbreak and the fate of a fiscal stimulus package aimed at curbing slower economic growth.  Plus, with U.S. equities edging closer to bear-market territory, Jim’s advice for anxious investors on how best to position their portfolios.
3/11/202053 minutes, 35 seconds
Episode Artwork

Turnaround Tuesday, Bouncing Back from Wall Street’s Biggest Rout Since 2008, Stimulus Hopes

Carl Quintanilla, Jim Cramer and David Faber breakdown the massive market swings. Stocks rallying as Wall Street tries to rebound from its worst day since the financial crisis. Investors cheering potential stimulative measures to stem the economic downturn from the coronavirus.Delta, American Airlines, Southwest, United Air Lines and JetBlue all on watch, as travel continues to be impacted by virus concerns. Major airlines extending waivers for ticket change fees through April and more news emerging as the major airline CEOs present at a JPMorgan Chase investment conference. American announcing that it will cut flights even further, including a 10% reduction in international capacity. Delta also says it’s making broad cuts to its network as the virus drives down demand. Delta is also instituting a hiring freeze and offering voluntary, unpaid leave.
3/10/202053 minutes, 42 seconds
Episode Artwork

Stocks Crater, Circuit Breakers Triggered & Oil Price War

Carl Quintanilla, Jim Cramer and David Faber today’s massive stock sell-off, on track for the worst day since December 2008. The stock plunge triggering a key market circuit breaker after the opening bell, triggering a trading halt for 15 minutes. Investors continuing to grapple with coronavirus volatility, recession fears and escalating oil price tensions between Russian & Saudi Arabia after an OPEC deal failure.
3/9/20201 hour, 1 minute, 47 seconds
Episode Artwork

Stocks Tumble, Coronavirus Volatility & Kudlow: “Don’t Panic”

Carl Quintanilla, Jim Cramer and David Faber breakdown the continued coronavirus volatility and the day’s stock sell-off as Wall Street closes out another turbulent week. Plus, amid increasing economic slowdown fears, why National Economic Council Director Larry Kudlow says it’s the ‘time to be calm and not overreact’.
3/6/202053 minutes, 17 seconds
Episode Artwork

Uncertainty, Volatility & The Continued Coronavirus Headwinds for Wall Street

Carl Quintanilla, Jim Cramer and David Faber breakdown the day’s stock sell-off, with all major indexes falling back in correction levels as investors digest the latest coronavirus headlines. Plus, virus fears hitting corporate outlook and strategy with Southwest Airlines, Apple, Kroger and Campbell Soup among the companies weighing in today. And HP rejects the takeover bid by Xerox, saying it ‘meaningfully undervalues HP & disproportionately benefits Xerox shareholders.’
3/5/202051 minutes, 31 seconds
Episode Artwork

Volatility & The Market Whipsaw, A Biden Boost for Wall Street & “Death of Value Investing”

Carl Quintanilla, Jim Cramer and David Faber breakdown the global stock bounce, U.S. equities rallying as investors continue to cope with coronavirus-induced volatility. Plus a Biden boost, with Wall Street seemingly buoyed by a string of Super Tuesday primary victories for the former Vice President. And legendary investor Jeff Ubben says he never thought he would see anything like this & explains why it makes value investing impossible.
3/4/202048 minutes, 22 seconds
Episode Artwork

Fed Slashes Rates, Combatting Coronavirus Slowdown & Market Whipsaw

Carl Quintanilla, Jim Cramer and David Faber breakdown today’s emergency rate cut from the Federal Reserve to combat a coronavirus-related economic slowdown. Plus today’s massive market whipsaw as investors digest the Fed’s historic announcement and news from G-7 countries promising to use “all appropriate” policy tools.
3/3/202059 minutes, 2 seconds
Episode Artwork

Massive Market Whipsaw, Coronavirus Contagion, Elliott Wants Dorsey Out, Remembering Jack Welch

Carl Quintanilla, Jim Cramer and David Faber breakdown the massive market whipsaw.Stocks trying to edge out gains and attempt some kind of rebound from its worst week since the financial crisis. Coronavirus fears continue, as the first case is confirmed in New York City. Omega Advisors Leon Cooperman weighs in saying, “this volatility is scaring the public.” Shares of Twitter soaring, as Elliott Management makes a push to replace its CEO Jack Dorsey.And remembering the former chairman and CEO of General Electric, Jack Welch. During his 20 years he led the conglomerate, its market value growing from $12 billion to $410 billion. Welch passed away late Sunday night at his home surrounded by his wife Suzy and family.
3/2/202058 minutes, 54 seconds
Episode Artwork

Stocks Pummeled, Heading Toward the Worst Week Since the Financial Crisis, Coronavirus Contagion Fears

Carl Quintanilla, Jim Cramer and David Faber on where to put your money to work as stocks continue to tumble.  Markets are having their worst week since the financial crisis, as worries over the coronavirus and its impact on the economy continue to rattle investors. Jim Cramer on his “Stay-At-Home” stocks investors can pick from in this environment. Investors continue adding to their bond-market exposure and fleeing equities. The benchmark U.S. 10-year Treasury yield touching a fresh record low.
2/28/202057 minutes, 9 seconds
Episode Artwork

Stocks in Correction, Sell-Off Accelerating, Toll Brothers CEO , Yellen: Coronavirus Could Throw the U.S. into a Recession

Carl Quintanilla, Jim Cramer and David Faber discuss the state of stocks and where to invest your money. Stocks plunging, opening sharply lower, extending their worst week since the financial crisis. The Dow enters correction territority as coronavirus fears grip global markets. Goldman Sachs warns that a further widespreading virus could completely wipeout corporate growth this year. And quote “on the sidelines,” why Toll Brothers’ CEO tells Cramer that the next few weeks are critical for the housing market. Plus, Former Fed Chair Janet Yellen says it’s conceivable that the coronavirus could throw the U.S. into a recession.
2/27/202051 minutes, 59 seconds
Episode Artwork

Stocks Attempt a Rebound, Iger Steps Down, Moderna Skyrockets on Vaccines Hopes

Carl Quintanilla, Jim Cramer and David Faber discuss the extreme moves in stocks, as markets attempt a rebound after its worst two-day stretch in two years. Europe continues to report a slew of coronavirus cases with France seeing its second death and Italy reporting its 12th death. Greece also confirmed its first case of the virus. The CDC warns Americans it’s not a question of if coronavirus will spread, but when. President Trump announces he will deliver a news conference at the White House tonight at 6pm ET on the coronavirus. Shares of Moderna skyrocket as the biotech company says its coronavirus vaccine is ready for its first tests. David Faber digs into Disney as Bob Iger steps down from his CEO role, remaining executive chairman through 2021. Iger telling David “I don’t want to run the company anymore.”
2/26/202048 minutes, 19 seconds
Episode Artwork

Stocks Bounce, Market Attempts to Recover from its Worst Drop in 2 Years, Mastercard’s Coronavirus Warning, Vaccine Coming?

Carl Quintanilla, Jim Cramer and David Faber breakdown the big swings in the market. Stocks jumping at the open as Wall Street tries to shrug off its worst day in two years. Experts still urging caution over the coronavirus, as cases outside of China continue to rise. Mastercard warns about the potential impact of the virus on its 2020 results, sending their shares down. The company also naming its Product Chief Michael Miebach as CEO, as Ajay Banga moves to Executive Chairman. Home Depot driving Dow gains, rising after earnings beat, the CEO says investments are paying off. Shares of Moderna skyrocketing after announcing it has shipped a coronavirus vaccine to U.S. government researches for study, with the first clinical trial expected by the end of April. Plus, David Faber breaks down HP’s earnings and what the company’s CEO is saying about Xerox’s proposal.
2/25/202043 minutes, 27 seconds
Episode Artwork

Stocks Plunging, Dow Goes Negative for 2020, Coronavirus Cases Outside China Surge, Sanders wins Nevada

Carl Quintanilla, Jim Cramer and David Faber discuss the massive market drop and where to put your money to work. Stocks plunging as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading. The Dow goes negative for the year. 10-year treasury yield plunges to its lowest level since 2016, while the 30-year rate hits an all-time low. Why the Oracle of Omaha says don’t buy or sell on today’s headlines. Plus, the race for the democratic nomination heats up, as Bernie Sanders wins in Nevada.
2/24/202055 minutes, 43 seconds
Episode Artwork

Stocks Drop, Coronavirus Cases Escalate, New Terms for the T-Mobile, Sprint Deal

Carl Quintanilla, Jim Cramer and David Faber discuss the quick move in stocks to the downside. The number of new coronavirus cases escalates, fueling worries over a pronounced global economic slowdown. Shares of Deere surging after the heavy equipment maker beat estimates on the top and bottom line. The company says it sees signs of stabilization in the U.S. farm sector, and that the relaxation of trade tensions is imporving farmer confidence. David Faber’s exclusive reporting on T-Mobile, Sprint, as the operators announced amended terms of their merger agreement. Chewy pops on an upgrade to “outperform” from “sector perform” at RBC.Plus, HP adopts a “poison pill” in its fight to fend off Xerox. 
2/21/202042 minutes, 53 seconds
Episode Artwork

Mega Deal: Morgan Stanley Buying E*Trade for $13 Billion, ViacomCBS Swings to a Loss, Wexner Giving Up Control

Carl Quintanilla, Jim Cramer and David Faber discuss the mega deal of the morning, Morgan Stanley buying E*Trade for $13 billion. The investment bank paying $58.74 a share in stock in a deal bringing together $3.1 trillion in client assets. ViacomCBS missing forecasts in its first earnings report since its merger. The company increasing its projection of how much the combination will save in expenses, David digs through the report and earnings call. Plus, a done deal. Les Wexner giving up control of Victoria’s secret, selling a 55% stake to Sycamore Partners and stepping down after 57 years as the CEO of Parent L Brands.
2/20/202043 minutes, 13 seconds
Episode Artwork

Bouncing Back, Nasdaq & the S&P 500 hit a Record High, Tesla Price Hike

Carl Quintanilla, Jim Cramer and David Faber discuss a record morning for stocks. Both the Nasdaq and the S&P 500 hitting an all-time high, led by tech shares. Tesla jumping 7% after an analyst at Piper sandler hiked his price target on the electric car maker to $928 per share from $729 per share. Puma and Adidas both issuing warnings on the Coronavirus and its impact on the companies bottom lines.
2/19/202043 minutes, 25 seconds
Episode Artwork

Dow Drag Down, Apple’s Coronavirus Warning, Walmart CEO Doug McMillon, Zuckerberg: Big Tech Needs More Regulation

Carl Quintanilla, Jim Cramer and David Faber discuss stocks falling on Apple’s coronavirus warning. The tech giant cautioning it does not expect to meet its quarterly revenue forecast, citing slowed production and weakened demand in China as a results of the coronavirus outbreak. Plus, an exclusive with the CEO of the world’s largest retailer – Walmart – after posting disappointing results on the heels of a tough holiday season. And why Facebook’s CEO, Mark Zuckerberg says big tech needs more regulation.
2/18/202051 minutes, 20 seconds
Episode Artwork

Coronavirus Uncertainty, Expedia Suspends 2020 Forecast & JEDI Blocked

Carl Quintanilla, David Faber & Jim Cramer discuss the continued coronavirus uncertainty, but stocks on track for a 2nd straight weekly gain. Plus, Expedia suspends its 2020 forecast with Chairman Barry Diller weighing in on the coronavirus risk – “is it a pandemic? I don’t know.” And, a federal judge temporarily blocks Microsoft’s pentagon cloud contract, just what’s it mean for the future of JEDI and the Amazon lawsuit.
2/14/202042 minutes, 50 seconds
Episode Artwork

The Race to Contain Coronavirus, Tesla’s $2B Stock Offering & PepsiCo’s Growth Strategy

Carl Quintanilla, David Faber & Jim Cramer discuss the stock market pullback as China coronavirus cases surge. Plus, Tesla’s $2B common stock offering & why one legendary investor says he would “never buy it” & “never sell it short.” And, PepsiCo CFO Hugh Johnston on Q4 earnings, the coronavirus impact, plastics and why ‘the U.S. consumer remains strong.’
2/13/202043 minutes, 17 seconds
Episode Artwork

DOW Surges, Coronavirus Concerns, Former Goldman Sachs CEO Rips Sanders

Carl Quintanilla, Jim Cramer and David Faber on the Sanders surge. Presidential hopeful Senator Bernie Sanders takes the top spot in New Hampshire followed by Mayor Pete Buttigieg and Senator Amy Klobuchar.Stocks rising as investors try to shake off concerns over how the coronavirus could impact corporate profits and the global economy. Carnival Cruise Line says its earnings could take a big hit, if it has to halt its Asia operations due to the coronavirus.Former Goldman Sachs CEO Lloyd Blankfein goes after Sanders on Twitter, writing "... he'll ruin our economy and doesn't care about our military." Plus, David Faber's reporting on Softbank as the company's profits plunge 99%, dragged down by losses from its Vision Fund.
2/12/202043 minutes, 9 seconds
Episode Artwork

Done. Deal. Judge Approves $26 Billion Merger of T-Mobile & Sprint, Coronavirus Takes Out Under Armour, Powell Prepares to Speak

Carl Quintanilla, Jim Cramer and David Faber on the done deal. David Faber’s inside reporting on T-Mobile, Sprint as a judge approves the $26 billion dollar merger. Sprint soaring 75% on the news. And Under Armour plunging amid news that the Coronavirus will lower its sales by up to $60 million. The retailer saying “Given the significant level of uncertainty with this dynamic and evolving situation, full year results.” Federal Reserve Chairman Jerome Powell prepares to speak before the House Financial Services Committee. Releasing his testimony in advance he says the Fed is closely monitoring the Coronavirus outbreak and that disruptions in China could spill over to the global economy.
2/11/202049 minutes, 12 seconds
Episode Artwork

The Race to Contain Coronavirus, Deals Watch & The Tesla Roller Coaster

Carl Quintanilla, David Faber & Jim Cramer discuss the fight to contain the coronavirus, as the death toll surpasses that of the 2002/2003 SARS outbreak. Plus, deal watch, David’s latest reporting on Simon Properties buying Taubman Centers and Xerox upping its bid for HP. And Tesla’s stock roller coaster – its Shanghai factory reopening and shares surge once again.
2/10/202042 minutes, 24 seconds
Episode Artwork

The January Jobs Surge, Uber’s Profitability Forecast & Singer vs. Softbank

Carl Quintanilla, David Faber & Jim Cramer discuss the market pullback as stocks retreat from records for their first drop in 5-days, despite a surge in jobs for the month of January. Plus, Uber shares spiking as the company ups its profitability forecast. And David’s latest reporting as Paul Singer’s Elliott Management takes a $2.5B stake in Softbank.
2/7/202043 minutes, 15 seconds
Episode Artwork

All About Records, Twitter Soars/Peloton Plummets & No (Casper) Sleep Till Public

Carl Quintanilla, David Faber & Jim Cramer discuss the record rally for stocks, Wall Street dismissing potential virus headwinds as both the Dow and S&P hit all-time highs, before pulling back. Plus, a tale of two tech stocks: Twitter soaring on strong user numbers, Peloton plummeting on a widening loss and slowing revenue. And Casper Sleep set to make its debut at the NYSE, pricing at the low end of the range, and far from its unicorn dreams.
2/6/202043 minutes, 22 seconds
Episode Artwork

Stocks Extending Rally, Merck Spin Off, Spotify CEO “we bought the next ESPN,” Tesla Tumbles

Carl Quintanilla, Jim Cramer and David Faber discuss the current market rally. Investors recovering from a recent drop sparked by coronavirus fears. A report says a research team at Zhejiang University has found an effective drug to treat people with new coronavirus. Confirmed cases in China are nearing 25,000, claiming the lives of 490 people. Plus, insight from David Faber on Merck’s plan to spin off women’s health, legacy brands and its biosimilars business. Spotify delivers results, commenting on The Ringer Acquisition its CEO Daniel Ek says “we bough the next ESPN, and we think that’s going to be a tremendously valuable property as we look at the development of sports over the next decade.”  Tesla’s stock getting slammed after a massive rally to start the year.
2/5/202042 minutes, 20 seconds
Episode Artwork

Stocks Surging, Full Speed Ahead for Tesla, Caucus Chaos

Carl Quintanilla, Jim Cramer and David Faber breakdown the morning movers as stocks rally for a second day. Investors shrugging off news of the fast-spreading coronavirus. The total number of people infected hitting 20,682. Tesla on a tear, the stock surging higher this morning after Billionaire investor Ron Baron says the company’s revenue could boom to $1 trillion in 10 years. Shares of Tesla are up 117% so far for the year. Alphabet shares sliding after beating earnings, but coming up short on revenue. The tech giant breaking out Cloud and YouTube revenue for the first time. Plus, chaos at the Iowa caucus as we’re still awaiting the results from last night’s contest.
2/4/202043 minutes, 44 seconds
Episode Artwork

Coronavirus Fears, David Tepper Speaks to Cramer, Zuckerberg: Piss off a lot of People

Carl Quintanilla, Jim Cramer and David Faber discuss the big swings in the market. The Dow jumping as gains accelerate, taking back half of Friday's 600-point rout. Plus, David Tepper speaks to Cramer, why he says the Coronavirus quote 'may be a game changer' for the market. Plus, shares of Nike popping after two upgrades from UBS and JPMorgan. And why Facebook's CEO Mark Zuckerberg says his company's new approach is quote "going to piss off a lot of people."
2/3/202042 minutes, 36 seconds
Episode Artwork

Amazon Rejoins 4-Comma Club, IBM Shake-up & Virus Fears Weigh on Stocks

Carl Quintanilla, David Faber & Jim Cramer discuss Amazon’s big quarter, shares rallying after delivering a strong earnings beat, rejoining the $1T market cap club. Plus, executive shake-up at IBM, CEO Ginni Rometty set to step down in April after 8 years at the help. And coronavirus fears continuing to weigh on stocks as Goldman Sachs warns of economic headwinds from the outbreak.
1/31/202042 minutes, 59 seconds
Episode Artwork

Virus Fears Hit Stocks, HHS Secretary: “Threat to Americans Very Low” & The Busiest Day of Earnings

Carl Quintanilla, David Faber & Jim Cramer discuss today’s stock slide as the coronavirus continues to spread & its death toll rises. Plus, HHS Secretary Alex Azar on the U.S. health response and why the “virus threat to Americans is very low.” And it’s the busiest day of corporate earnings, 47 S&P 500 companies reporting including Biogen, Coca-Cola, Eli Lilly, UPS, Verizon & Amazon after the bell.
1/30/202052 minutes, 58 seconds
Episode Artwork

Corporate Earnings Parade, Starbucks CEO on Coronavirus Impact & Apple’s Rally Rolls On

Carl Quintanilla, David Faber & Jim Cramer discuss today’s parade of corporate earnings, 44 S&P 500 companies reporting including AT&T, Dow, GE, McDonald’s & Boeing. Exclusive interviews with Dow CEO Jim Fitterling and AMD CEO Lisa Su. Plus, Starbucks CEO Kevin Johnson on the coronavirus impact, calling it “a very dynamic situation.” And Apple hitting another new all-time high after reporting better than expected sales of iPhones and wearables during the quarter.
1/29/202051 minutes, 26 seconds
Episode Artwork

Coronavirus Contagion Concerns, 3M Falls & Announces Job Cuts, Boeing Secures Fianancing, McDonald’s New Meal

Carl Quintanilla, Jim Cramer and David Faber discuss the market, bouncing back after seeing its worst drop since October. Investors are grappling with fears over the possible Coronavirus outbreak. Shares of 3M taking a hit after announcing it’s cutting 1,500 jobs and posting lower profit. Boeing securing more than $12 billion in financing to help weather its 737 max crisis. Plus, McDonald’s is fighting the breakfast war with new chicken sandwiches. The fast food giant is selling its Chicken McGriddles and McChicken Biscuit sandwiches nationally for a limited time.
1/28/202042 minutes, 23 seconds
Episode Artwork

Stocks Tumble, Growing Virus Fears Spook Wall Street & Remembering Kobe Bryant

Carl Quintanilla, David Faber & Jim Cramer discuss today’s market selloff, stocks on track for their worst day in nearly 4 months. Wall Street spooked by virus fears as health officials race to control the new strain of the fast-spreading coronavirus. And businesses brace: Starbucks, Disney, McDonalds, airlines and casinos among those impacted. Plus, NBA superstar Kobe Bryant killed in a helicopter crash in southern California, a look at his legacy for the league and the business of sports.
1/27/202042 minutes, 4 seconds
Episode Artwork

Coronavirus Fears Spreading, Earnings Boost the Dow, Sources Say Sprint, T-Mobile Unlikely to Appeal Judge’s Ruling

Carl Quintanilla, Jim Cramer and David Faber discuss the latest on the Coronavirus. The illness is continuing to spread, as the death toll rises to 26 with more than 900 confirmed cases worldwide.Shanghai Disney closes its doors in attempt to contain the spread of the deadly virus. McDonald’s suspending business in five cities in China. And the major averages in the green getting a boost from Intel and American Express. David Faber reports sources say Sprint and T-Mobile are highly unlikely to appeal a judge’s ruling, as the two attempt to close their deal. And on this day in 2006, Disney agreed to acquire Pixar for $7.4 billion dollars.
1/24/202043 minutes, 26 seconds
Episode Artwork

Stocks Pull Back, Xerox’s HP Board Proposal & Southwest Airlines CEO Exclusive

Carl Quintanilla, David Faber & Jim Cramer discuss today’s market pullback as well as earnings from Procter & Gamble, Comcast, Travelers & more. Plus Xerox nominates full slate of directors to replace HP Board, David’s latest reporting on the proxy fight. And Southwest Airlines CEO Gary Kelly exclusively discusses the ongoing headwinds from the 737 Max crisis, “there’s nothing to be happy about.”
1/23/202051 minutes, 31 seconds
Episode Artwork

Rally Resumes, Pres. Trump on Boeing: “Big Disappointment” & Netflix Competitive Headwinds

Carl Quintanilla, David Faber & Jim Cramer discuss the return of the rally as the S&P 500 and Nasdaq hit new records. President Trump calls Boeing a “very disappointing company” as the 737 Max crisis grows. Netflix shares sink as the streaming service provides weak guidance amid increased U.S. competition. And the U.N. calling for an investigation into an alleged phone hack of Amazon CEO Jeff Bezos.
1/22/202042 minutes, 42 seconds
Episode Artwork

The Rally Pause, UPS CEO from Davos & Is Sustainability Becoming the New Standard?

Carl Quintanilla, David Faber & Jim Cramer discuss the rally pause, stocks pulling back from records amid growing concerns about the spread of a new virus in China. Plus is sustainability becoming the new standard – why global business leaders say there’s growing demand for companies to do right by society. And welcome back Sara Eisen – joined by UPS CEO David Abney at the World Economic Forum in Davos, Switzerland.
1/21/202042 minutes, 44 seconds
Episode Artwork

Closing Out A Record Week, Hello Peacock & Joining the 4 Comma Club

Carl Quintanilla, David Faber & Mike Santolli discuss the ongoing stock rally as Wall Street looks to close out a record-setting week. Plus shares of Comcast hitting an all-time high as NBCUniversal unveils new details about its Peacock streaming service, David’s latest reporting on how Comcast plans to separate itself from the streaming flock. And another company joining the 4 comma club, the top 5 U.S. tech companies now valued at a whopping $5.2 trillion.
1/17/202042 minutes, 32 seconds
Episode Artwork

Record Highs Across the Board, Morgan Stanley’s Massive Beat, Pulling the Plane

Carl Quintanilla, Jim Cramer & David Faber discuss what’s continuing to push stocks higher.Plus, shares of Morgan Stanley surging after a massive beat on fourth-quarter profit. The bank also disclosing new and more ambitious financial targets. And Southwest following American and United by pulling Boeing’s 737 Max until June. Plus, President Trump calls out executives as he signs that historic U.S., China “Phase One” trade deal.
1/16/202042 minutes, 31 seconds
Episode Artwork

Historic Day in DC, Kudlow on Trade & Target’s Bad Holiday

Carl Quintanilla, David Faber & Jim Cramer discuss the historic day in our nation’s capital with impeachment expected to move to the Senate for trial and the phase 1 China trade deal set to be signed at the White House. Top White House economic advisor Larry Kudlow saying, “nothing like this in history has ever happen before.“ And Target shares tumble as holiday sales miss estimates due to weakness in toys & electronics, CEO Brian Cornell calling it a “tough miss.”
1/15/202048 minutes, 41 seconds
Episode Artwork

Big Banks Bonanza, Fink Bets Big on ESG’s and the ‘Fundamental Reshaping of Finance’, Tesla’s Surge

Carl Quintanilla, Jim Cramer and David Faber breakdown the big banks, as JP Morgan, Citi and Wells Fargo report results. Plus, Larry Fink’s big bet on ESG’s. The CEO of the world’s largest money manager believes the intensifying climate crisis will bring about a fundamental reshaping of finance. Delta beats the street on both the top and bottom line. CEO Ed Bastian told CNBC that the airline had a very strong holiday season and that Delta has had good success in de-commoditizing its business. And another day, another record all-time high for Tesla. “The Squawk on the Street” gang discusses how far the stock could go from here.
1/14/202045 minutes, 4 seconds
Episode Artwork

China Delegation Heads to Washington, Tesla Soars on a Price Hike, Calhoun Takes the Helm at Boeing

Carl Quintanilla, Jim Cramer and David Faber discuss where the markets will go from here, as a Chinese delegation heads to D.C. for an expected phase one signing.Plus, Tesla shares are soaring after an analyst at Oppenheimer hiked his price target on the stock to $612 per share from $385 per share. Tesla’s stock broke above $500 for the first time ever in early trading. Plus, new Boeing CEO, same unresolved crisis. Why Cramer says David Calhoun needs to tell people, “this is the new Boeing,” as he begins his first day on the job. And Cramer is live from the J.P. Morgan Healthcare Conference in San Francisco where he speaks with the CEO of Bristol Myers.
1/13/202042 minutes, 59 seconds
Episode Artwork

Dow Nears 29K, Hiring Cools, “Clowns” & “Monkeys”

Carl Quintanilla, David Faber & Jim Cramer discuss the continuing record rally for stocks, the Dow within striking distance of 29K for the first time. And, hiring cools in December, with unemployment still at a 50-year low, what’s the outlook for growth in 2020? Plus “clowns” & “monkeys,” newly released Boeing messages reveal apparent efforts to manipulate 737 Max regulators.
1/10/202044 minutes, 43 seconds
Episode Artwork

Geopolitical Relief Rally, Apple’s China Boom & HP Rebuffs Xerox… Again

Carl Quintanilla, David Faber & Jim Cramer discuss the geopolitical relief rally as gold drops, oil stabilizes and stocks climb to another round of records. Plus Apple’s China boom, iPhone sales reportedly surging 18% in December, shares doubling in a year, as the U.S. & China prepare to sign a phase one trade deal next week. And HP’s board rejects Xerox’s advances yet again, David’s latest reporting on the $33B takeover push.
1/9/202043 minutes, 22 seconds
Episode Artwork

Breaking News: Carlos Ghosn Speaks After His Stunning Escape From Japan

Carlos Ghosn, the former Nissan chief holds a remarkable event. Ghosn speaks in Beirut after escaping from Japan last week. Ghosn was arrested more than a year ago for allegedly understating his income, among other charges. Carl Quintanilla, Jim Cramer and David discuss the historic moment.
1/8/202058 minutes, 5 seconds
Episode Artwork

Investors Weighing Geopolitical Risks, Reorganizing the Reporting Structure & Musk's Moves

Carl Quintanilla, Jim Cramer and David Faber discuss the geopolitical risks threatening stocks record run. Tesla opens at an all-time record high as the company announces a program to build the model "Y" SUV at its Shanghai gigafactory. Elon Musk showed his excitement by dancing and stripping off his jacket to reveal a t-shirt with a cartoon of the factory. Goldman Sachs is reorganizing its businesses now calling its four main segments global markets, investment banking, asset management and consumer & wealth management. The changes come just before the bank reports Q4 results next week and its first-ever investor day later this month.
1/7/202042 minutes, 59 seconds
Episode Artwork

Geopolitical Risks, Xerox Courts HP & ”Woke” Hollywood

David Faber & Jim Cramer discuss the geopolitical risk for your portfolio: stocks falls for second straight session, gold surges to a more than 6-year high & oil continues to rise as Middle East tensions remain high. And David’s latest reporting on Xerox and its HP takeover push, just what the printer/copier company is doing to get HP to the negotiating table. Plus the Apple and big tech punching bag at the Golden Globe Awards.
1/6/202043 minutes, 8 seconds
Episode Artwork

The Geopolitical Risks for Stocks, Tesla Record & Apple Bulls

Jim Cramer & Scott Wapner discuss the geopolitical risk for stocks. Stocks fall sharply & crude oil prices spike after a U.S. airstrike kills Iran’s top military leader. Plus, Tesla topping estimates with a record 112,000 vehicle deliveries in Q4. And why two major analysts just got more bullish on Apple, with shares near an all-time high.
1/3/202046 minutes, 18 seconds
Episode Artwork

New Decade & New Records, Tesla on a Tear & Catch Me If You Can

Scott Wapner, Morgan Brennan & Mike Santoli discuss the first trading day of 2020, after 2019’s monster rally, stocks hitting new records to kick-off the new decade. Plus, Tesla rallying after a big price target boost from one analyst, predicting strong EV growth for the year And new details in the Carlos Ghosn mystery, as an Interpol arrest warrant is issued for the ousted Nissan Chairman.
1/2/202043 minutes, 26 seconds
Episode Artwork

The Decade-Long Bull Run, Phase One Signing Date & Ghosn, Ghosn, Gone

Scott Wapner, Morgan Brennan & Mike Santoli discuss the decade-long bull run for stocks, with the S&P 500 on track for its best return since 2013, but markets closing out the year with a whimper. Plus, the long-awaited China-U.S. trade deal nearly official, President Trump tweeting that he will sign the Phase One deal at the White House on January 15th. And, ousted Nissan Chairman fleeing to Japan, saying he’s escaping a ‘rigged Japanese justice system.’
12/31/201944 minutes, 44 seconds
Episode Artwork

Record-Breaking Year, Tesla’s China Bet & Disney Dominance

Scott Wapner, Morgan Brennan & Mike Santoli discuss the record-breaking year for stocks, with the S&P 500 still just shy of its best yearly return since 1997. Plus, Tesla rolling out the first China-made Model 3’s from its new Shanghai factory, deliveries set to ramp up next month. And Disney dominance, raking in 40% of the U.S. box office in 2019.
12/30/201942 minutes, 9 seconds
Episode Artwork

Rally on a Roll, Tesla on a Tear & Apple’s Banner Year

Carl Quintanilla, David Faber & Mike Santoli discuss Wall Street’s record rally, the S&P 500 just shy of its best yearly return since 1997. Plus, Tesla on a tear, shares trading above $430 for the first time ever as the automaker prepares to rollout & deliver its first China-made Model 3’s next week. And as Apple shares surge, the company in talks to buy Japan Display’s smartphone screen factory.
12/27/201942 minutes, 38 seconds
Episode Artwork

Year-End Rally, Online Holiday Boost for Retail & Netflix’s ‘Meaningless’ Box Office

New record intraday highs for the S&P 500 and Nasdaq. Carl Quintanilla, David Faber & Bob Pisani discuss 2019’s record stock rally with the S&P 500 poised for its biggest return since 2013 & closing in on its best year since 1997. Plus, the online boost for retailers; e-commerce sales hitting a record high during a shortened holiday shopping season. And why the world’s 2nd largest cinema operator is taking a swipe at Netflix’s box office strategy.
12/26/201943 minutes, 21 seconds
Episode Artwork

KALANICK OUT AT UBER, NEUMANN’S GOLDEN PARACHUTE, SANTA RALLY AS STOCKS NEAR RECORD HIGHS

“The Squawk on the Street” gang talks Uber as its former CEO & Co-founder exits the board of directors. Travis Kalanick announces he’s leaving effective December 31st. Stocks nearing record highs on a shortned Christmas Eve trading session. Plus, Adam Neumann’s golden parachute could balloon to $2 billion dollars from $1.6 billion, according to reports. And it’s the stock of the decade, Netflix.
12/24/201943 minutes, 26 seconds
Episode Artwork

Boeing’s CEO Dennis Muilenburg is Out, “Star Wars: The Rise of Skywalker” hauls $176 million, Tesla Closing in on 420

Boeing’s CEO is out. The “Squawk on the Street” teams breaks down the stock moves and the future of the company under new CEO David Calhoun. Plus, “Star Wars: The Rise of Skywalker” bringing in $176 million in its domestic debut, the third highest opening in 2019. Tesla shares hitting a fresh all-time high and closing in on Elon Musk’s elusive 420 tweet target.
12/23/201956 minutes, 7 seconds
Episode Artwork

Stocks Hit New Highs, Parker’s Last Quarter at Nike & Boeing’s Space Stumble

David Faber & Jim Cramer discuss 2019’s record stock rally with the S&P 500 on track for its fourth straight weekly gain & eyeing its best December since 2010. Plus, Nike delivering an earnings beat as Mark Parker gets ready to pass the CEO reins to John Donahoe next month. And Boeing’s space stumble, its new Starliner spacecraft failing to enter its planned orbit – Morgan Brennan reports from the Kennedy Space Center in Florida.
12/20/201945 minutes, 5 seconds
Episode Artwork

Record Rally Rolls On, IAC to Spin-Off Match & Broadcom’s Possible Unit Sale

David Faber & Jim Cramer discuss today’s the record rally for Wall Street, stocks hitting new highs on the heels of the historic impeachment of President Trump. The S&P nearing its best year since 1997. Plus, Match set to spin-off the online dating service, Match Group. And David’s latest reporting on Broadcom’s plans to sell its wireless chip unit.
12/19/201943 minutes, 41 seconds
Episode Artwork

History on Capitol Hill, FedEx & Amazon vs. FedEx

Carl Quintanilla, David Faber & Jim Cramer discuss today’s historic impeachment vote on Capitol hill and what it means for the economy & your portfolio. Plus, FedEx delivering a big miss sending shares falling ahead of the final holiday shipping push. And the Nasdaq and S&P 500 hit new records – is it time to lock in gains for 2019?
12/18/201943 minutes, 32 seconds
Episode Artwork

Boeing’s 737 Max Troubles, Wall Street’s Record Watch & Amazon vs. FedEx

Carl Quintanilla, David Faber & Jim Cramer discuss Boeing’s plans to suspend 737 Max production in January, shares falling for a 4th straight day and in danger of its first negative year since 2014.  as the company reportedly debates cutting or halting 737 Max production. Plus, the S&P 500 hits a new record – but does Wall Street have more room to run for 2019? And shipping wars, the latest in the high stakes battle between Amazon & FedEx.
12/17/201943 minutes, 32 seconds
Episode Artwork

Boeing Under Pressure, A New $45B+ Consumer Giant & Wall Street’s Record Run Rolls On

Carl Quintanilla, David Faber & Jim Cramer discuss Boeing, shares falling as the company reportedly debates cutting or halting 737 Max production. Plus, IFF set to merge with DuPont’s nutrition unit, creating a new consumer giant valued at more than $45B. DuPont Executive Chairman Ed Breen & IFF Chairman & CEO Andreas Fibig discuss the deal, First on Squawk on the Street. And the Dow, S&P 500 and Nasdaq set new record highs as investors continue to digest news of a U.S-China phase one trade deal.
12/16/201943 minutes
Episode Artwork

Trade Deal or No Deal, Cramer’s Trade Stock Picks & Apple’s China Fears “Overblown”?

David Faber & Jim Cramer discuss today’s stock volatility amid conflicting reports about a China-U.S. trade deal. Plus, Cramer reveals his stock picks and sectors in the event a trade deal is reached. And why one key analyst thinks concerns about Apple’s iPhone slowdown in China are “overblown”.
12/13/201946 minutes, 36 seconds
Episode Artwork

Trade Deal ‘VERY Close’, A Key Upgrade for GE & Apple’s Tariff Headwinds

Carl Quintanilla, David Faber & Jim Cramer discuss today’s stock rally after President Trump says a China trade deal is “VERY close”. Plus, shares of GE popping after UBS upgrades to a buy, saying the stock is at a “positive inflection point”. And David’s latest reporting on the Sprint/T-Mobile trial, as John Legere gets set to testify.
12/12/201942 minutes, 30 seconds
Episode Artwork

World’s Biggest Company, Retailers Under Pressure & Apple’s Monopoly Man

Carl Quintanilla, David Faber & Jim Cramer discuss Saudi Aramco’s historic IPO, surging in its debut & now valued at $1.88T, making it the world’s largest listed company. Plus, stocks muted ahead of the Fed, but retailers like Home Depot, Children’s Place and Gamestop under pressure. And why Apple CEO Tim Cook is saying monopolies aren’t bad, while also saying Apple isn’t one.
12/11/201943 minutes, 11 seconds
Episode Artwork

Signs of Trade Progress, House Dems Move on Impeachment & Fmr. Honeywell CEO Dave Cote’s Next Move

Carl Quintanilla, David Faber & Jim Cramer discuss the trade tea leaves and what it means for investors, amid reports of a delay in additional China tariffs and signs of USMCA progress. Plus, stocks shrug off impeachment, as House Democrats announce abuse of power and obstruction charges against President Trump. And former Honeywell CEO Dave Cote on his new data play, working with Goldman Sachs to acquire Vertiv.
12/10/201948 minutes, 3 seconds
Episode Artwork

Watching the Trade Tea Leaves, Biotech M&A Monday & Coca-Cola CEO Exclusive

David Faber & Jim Cramer discuss the hopes for a China-U.S. trade deal, as stocks fall for the first time in four days. Plus, Biotech M&A as both Merck and Sanofi move to boost their oncology pipelines. And Coca-Cola CEO James Quincey joins exclusively to discuss trade, his growth strategy and 100 years as a public company.
12/9/201942 minutes, 24 seconds
Episode Artwork

Blockbuster Jobs Report, Kudlow: China Talks “Intense” & Uber’s Safety Concerns

Carl Quintanilla, David Faber & Jim Cramer discuss November’s blockbuster jobs report, the strong market rally & what it means for your portfolio. Plus, in a First on CNBC interview, NEC Director Larry Kudlow says China trade talks “progressing” and are “intense.” And Uber’s safety concerns, the ride-sharing company disclosing thousands of assaults in the U.S. last year.
12/6/201948 minutes, 54 seconds
Episode Artwork

United Airlines Shake-up, Trade Tea Leaves & GM’s Electric Investment

Carl Quintanilla, David Faber & Jim Cramer discuss the leadership shake-up at United Airlines, as CEO Oscar Munoz plans to step down, President Scott Kirby to take the helm next spring. And investors reading the trade tea leaves, as China says negotiators are in ‘close contact’ with their U.S. counterparts. Plus, in a First on CNBC interview, the CEOs of General Motors & South Korea’s LG Chem discuss their new EV battery joint venture in Ohio.
12/5/201943 minutes, 18 seconds
Episode Artwork

Expedia Shake-up, Trade Roller Coaster for Stocks & Google Founders’ New Role

Carl Quintanilla, David Faber & Jim Cramer discuss the Expedia leadership shake-up, as the company replaces its CEO & CFO after internal strategy disagreements. Plus, the trade roller coaster, stocks reversing a 3-day slide on report that China talks edge closer to a deal. And Google founders Larry Page & Sergey Brin bow out from their official roles, but retain majority control and board seats.
12/4/201943 minutes, 35 seconds
Episode Artwork

The Waiting Game, Trade Pessimism Spooks Stocks & A Proposed ‘Substantial Tax’ on French Wines

Carl Quintanilla, David Faber & Jim Cramer discuss the stock market selloff, as President Trump says he may want to delay a trade deal with China until after the 2020 presidential election. Plus, “substantial tax”, why the Trump Administration is threatening new tariffs on French wines and other goods in the latest trade tit for tat.
12/3/201958 minutes, 44 seconds
Episode Artwork

RECORD RALLY. MAKE OR BREAK SEASON FOR RETAIL. FROZEN FIRE.

David Faber and Jim Cramer breakdown the record rally on the first trading day of December. Stocks looking to maintain their upward momentum following their best monthly performance since June. And it’s the moment for retail. According to Adobe analytics, online shoppers spent $7.4 billion on Black Friday, marking the second largest online shopping day ever. The firm is estimating cyber Monday sales of $9.4 billion. Disney’s “Frozen 2” takes the box office by storm setting a Thanksgiving holiday record taking in $123.7 million in North American ticket sales.
12/2/201943 minutes, 48 seconds
Episode Artwork

Retail’s Big Holiday, Warren Buffett Rebuffed, and the S&P 500’s Best Month Since June

The "Squawk on the Street" team digs through the retail data. Record sales for Thanksgiving kicking off the start of a big holiday shopping season, what it means for retailers for the remainder of the year. Plus, Warren Buffett thwarted. The Oracle of Omaha’s latest attempt to put his cash hoard to work, attempting to buy Tech Data, but outbid by Apollo Global. And, stocks lower to close out the last trading day of November, the S&P 500 on track for its best month since June.
11/29/201943 minutes, 18 seconds
Episode Artwork

Record Highs, Apple Doubling Down in China?, Corporate America Under Attack

The "Squawk on the Street" team digs through the data. Durable goods rising in October while economists were expecting a decline. Weekly jobless claims fell and Q3 GDP was revised to show growth of 2.1%. Markets getting a boost with all three major indices hitting fresh record highs at the open. Apple contributing to the gains. Nikkei reporting that in order to meet huge customer demand Apple has asked Luxshare-ICT to double its production of the earphones at its Chinese facilities to two million units a month. Plus, corporate America is under attack on the campaign trail. According to new data, Presidential candidates have called out more than 80 companies, in 30 industries on twitter. The top targets in the past six months: Amazon, Facebook, McDonald's and Walmart.
11/27/201942 minutes, 17 seconds
Episode Artwork

Trade Optimism & the Stock Rally, Retail’s Big Week & Ford vs. Tesla

Carl Quintanilla, David Faber & Jim Cramer discuss the record rally for Wall Street and whether investors have a reason to be optimistic about China trade talks. Plus, the big week for retail: Best Buy, Dollar Tree, Dick’s Sporting Goods, Abercrombie & Fitch all reporting quarterly results. Hear why Jim thinks ‘Target has the mojo & Macy’s is missing the mojo-per-share’? And Ford challenging Tesla to an ‘apples to apples’ tug-of-war between pickup trucks, Elon Musk says ‘bring it on’.
11/26/201943 minutes, 21 seconds
Episode Artwork

Manic Merger Monday, Uber Stripped of its London License, Bloomberg Enters the 2020 Presidential Race

Carl Quintanilla, Jim Cramer & David Faber breakdown a manic merger Monday. LVMH is acquiring Tiffany for $16.2 Billion, Schwab is buying TD Ameritrade in a $26 billion all-stock deal, and Ebay’s selling StubHub to Viagogo for about $4 billion in cash. Plus, Uber losing its license in London. The company pushing back saying the decision is quote: “extraordinary and wrong, and we will appeal.” Plus, Michael Bloomberg jumping into a crowded 2020 Democratic field.
11/25/201943 minutes, 6 seconds
Episode Artwork

Tesla’s Smashing Truck Debut, Trade Deal “Very Close” & Borat’s Social Media Warning

Carl Quintanilla, David Faber & Jim Cramer discuss Tesla’s first electric pickup, the Cybertruck, and whether it’s enough to excite investors. Plus, stocks get a boost after President Trump calls a China trade deal “very close”. And a social media warning from Borat actor, Sacha Baron Cohen, why he calls Facebook. Google, YouTube & Twitter ‘the greatest propaganda machine in history’.
11/22/201943 minutes, 16 seconds
Episode Artwork

A Potential Mega Deal Between Charles Schwab & TD Ameritrade, An Exclusive Sit Down with John Malone, Macy’s Has a Meltdown

Carl Quintanilla, Jim Cramer & David Faber breakdown the possible mega deal between Charles Schwab & TD Ameritrade. Sources telling CNBC Schwab is in talks to buy TD Ameritrade. A deal between the two would create a behemoth with more than $5 trillion in combined assets. Plus, David speaks exclusively with John Malone in a rare interview from Liberty Media Day. Malone says he sees HBO having problems getting to the top in the midst of the streaming wars. Xerox sends a letter to HP threatening to take its case to shareholders. Plus, Macy’s has a meltdown as it slashes its outlook and sales miss.
11/21/201943 minutes, 34 seconds
Episode Artwork

Retail Whiplash, Trade Headwinds for Stocks & Tim Cook Meets President Trump

Carl Quintanilla, David Faber & Jim Cramer discuss what to make of the recent whiplash for retail stocks. Target shares surging after crushing earnings and an upbeat forecast, this just a day after shares of Home Depot and Kohl’s tanked. Plus, stocks dipping from records on worries that China-U.S. trade talks could hit an impasse. And Apple CEO set to meet President Trump in Texas.
11/20/201943 minutes, 42 seconds
Episode Artwork

RETAIL ROUT, TECH STOCKS RALLYING, VAPING CRACKDOWN

Carl Quintanilla, Jim Cramer and David Faber on the tough day for retail. Home Depot & Kohl’s sinking after cutting their outlooks and comps forecasts. Plus, Cramer’s take on the trade war why he’s saying the President wants ideological change in China. And vaping crackdown. California & Los Angeles county suing JUUL Labs, alleging the brand targeted young people through advertising and failed to give warnings about the health risks.
11/19/201942 minutes, 55 seconds
Episode Artwork

Trade Pessimism Pause, An Executive Shake-up at T-Mobile & Fedex CEO to NYT: Let’s Debate!

Carl Quintanilla, David Faber & Jim Cramer discuss why China-U.S. trade deal pessimism is weighing on investor sentiment, as stocks hit pause on the record rally. Plus, David’s latest reporting on T-Mobile, CEO John Legere’s upcoming departure and what impact it could have on the Sprint deal. And FedEx versus the New York Times: CEO Fred Smith challenging the publisher to a debate, but the paper standing by its reporting that the shipping giant paid no taxes in 2018.
11/18/201943 minutes, 6 seconds
Episode Artwork

Stocks Hit Record Highs as Kudlow Signals a U.S., China Trade Deal is Getting Close. Amazon Strikes Back & Iger’s Giving Management Tips.

Carl Quintanilla, Jim Cramer and David Faber breakdown the trade talks, as NEC Director Larry Kudlow signals a trade deal is getting close. Plus, Amazon is striking back announcing it’s appealing the Trump administration’s decision to grant a $10 billion dollar defence contract to its rival Microsoft. Plus, Disney’s CEO Bob Iger is sharing his secrets to success on learning platform “Masterclass.”
11/15/201943 minutes, 52 seconds
Episode Artwork

Walmart Hits All-Time High & Elizabeth Warren’s Billionaire Bash & Cisco CEO Exclusive

David Faber & Jim Cramer discuss Walmart’s quarterly results and optimistic holiday outlook as shares hit an all-time high. Plus, Elizabeth Warren on attack, the presidential candidate dropping a fierce new campaign ad targeting a handful of outspoken billionaires who’ve criticized her publicly. And Cisco CEO Chuck Robbins joins exclusively to discuss the quarter, the company’s outlook and concerns about a global tech spending slowdown.
11/14/201946 minutes, 5 seconds
Episode Artwork

Action on the Hill: Impeachment Hearings Begin and Fed Chair Jerome Powell Prepares to Testify, Plus Nike Runs From Amazon and Google’s Ready to be Your Banker

Carl Quintanilla, Jim Cramer and David Faber discuss the market’s muted moves as Fed Chair Jerome Powell heads to Capitol Hill. Plus, search giant Google wants to be your banker. The company is planning to offer checking accounts next year. Nike is running from Amazon announcing it will no longer sell its shoes and apparel on the e-commerce site.
11/13/201946 minutes, 35 seconds
Episode Artwork

Disney+ Debut, Juul’s $1B Cost Cuts & WeWork’s CEO Search

Carl Quintanilla, David Faber & Jim Cramer discuss Disney’s debut of its new streaming platform, Disney+ and what it means for the already competitive landscape. Plus, embattled e-cigarette maker, Juul Labs, slashing $1 billion in costs & set to cut 650 jobs or 16% of its workforce. And could John Legere be heading to the helm of WeWork? David’s latest reporting startup’s CEO search.
11/12/201943 minutes, 13 seconds
Episode Artwork

Alibaba Breaks its Singles’ Day Record, Goldman Sachs’ Apple Card Under Investigation for Alleged Gender Bias & Squawk on the Street Salutes Veterans

Carl Quintanilla, Jim Cramer & David Faber go live to Hangzhou, China and Alibaba’s blowout Singles’ Day event. The Chinese e-commerce giant setting a sales record of more than $35 billion, and still climbing, during the world’s largest 24-hour shopping event. Plus, a closer look at the Apple Card, as it faces an investigation for alleged gender discrimination. And the Squawk on the Street team salutes the troops, as veterans from the U.S. Marine Corps, Coast Guard, Air Force, Navy and the Army are at the New York Stock Exchange.
11/11/201941 minutes, 14 seconds
Episode Artwork

Disney’s Strong Quarter, Billionaire Battle & Jim Cramer’s Salute to Veterans

Carl Quintanilla, David Faber & Jim Cramer discuss Disney’s strong quarter & what it means for the streaming wars. Plus, Elizabeth Warren says billionaires are crying about her wealth tax proposal, while billionaire Mike Bloomberg considers a presidential bid. And Jim Cramer salutes to the troops, live from the Air Force Academy in Colorado.
11/8/201943 minutes, 40 seconds
Episode Artwork

The Trade Rally, Xerox-HP Takeover Talks & A Gates-Warren Wealth Tax Sit-Down?

Carl Quintanilla, David Faber & Jim Cramer discuss the trade fueled rally, both the S&P 500 and Dow hitting fresh all-time highs after China says it has agreed with U.S. to roll back tariffs. Plus, David’s latest reporting on Xerox’s takeover bid proposal for HP. And is a Warren-Gates sit-down coming: the presidential hopefully saying she’s willing to talk to Bill Gates about what he’d pay under her wealth tax.
11/7/201942 minutes, 59 seconds
Episode Artwork

Uber Under Pressure, The Softbank Disaster & Xerox Bear Hugs HP

Carl Quintanilla, David Faber & Jim Cramer discuss Uber’s IPO lockup expiration as shares hit an all-time low. Plus, the Softbank disaster, notching its first quarterly loss in 14 years as CEO Masayoshi Son says, "my investment judgment was poor." And Xerox bear hugs HP, David’s latest reporting on Xerox's takeover bid proposal.
11/6/201946 minutes, 20 seconds
Episode Artwork

Uber’s Profitability Prediction, Wall Street’s Record Rally & Xerox CEO to CNBC: We’re on the Attack

Carl Quintanilla, David Faber & Jim Cramer discuss Uber’s continuing quarterly losses and CEO Dara Khosrowshahi’s upbeat outlook, predicting profitability by 2021. Plus, trade optimism fueling investor optimism, new all-time highs for the Dow and Nasdaq. And David’s latest reporting on the $2.3B Fujifilm-Xerox deal, ending their 57-year joint venture.
11/5/201942 minutes, 59 seconds
Episode Artwork

Fast Food Shake-up, Under Armour’s Federal Probe & Wall Street’s Record Run

Carl Quintanilla, David Faber & Jim Cramer discuss the executive shake-up at McDonald’s, CEO Steve Easterbrook fired over a relationship with employee. Plus, Under Armour shares tumble on news of a federal probe into its accounting practices, why Jim Cramer calls it a ‘disaster’. And new all-time highs for the Dow, S&P 500 and Nasdaq, does Wall Street’s record rally have more room to run?
11/4/201944 minutes
Episode Artwork

The October Jobs Surprise, Google’s Bet on Fitbit & Starbucks CEO Kevin Johnson

Carl Quintanilla, David Faber & Jim Cramer discuss the October jobs surprise, 128,000 jobs added, easily topping estimates. Plus, Google’s Apple challenge, set to acquire Fitbit, valuing the smartwatch maker at about $2.1B. Plus Starbucks CEO Kevin Johnson on the company’s growth strategy, cold brew, China and the competitive landscape.
11/1/201943 minutes, 12 seconds
Episode Artwork

Apple’s Growth Drivers, Facebook’s Free Speech Fight & Trade Talk Confusion

Carl Quintanilla, David Faber & Jim Cramer discuss Apple’s earnings beat, boosted by services growth & despite an iPhone sales decline. Plus, the social media spat between Twitter and Facebook about political ads. And investors weighing trade talk confusion on the final trading day of October.
10/31/201943 minutes, 57 seconds
Episode Artwork

GDP Ahead of the Fed, GE Surges After An Earnings Beat & HBO Unveils its Max Streaming Service

The Squawk on the Street team breaks down the big economic numbers ahead of today’s Federal Reserve interest rate decision. General Electric soars after beating the street and raising its 2019 cash flow forecast. Plus, David discusses the new HBO Max streaming service live from Burbank, California ahead of his interview with WarnerMedia CEO John Stankey.
10/30/201943 minutes, 26 seconds
Episode Artwork

Stocks on Record Watch, Beyond Meat Tumbles & Will Boeing’s CEO Resign?

Carl Quintanilla, David Faber & Jim Cramer discuss the record rally for stocks, the S&P 500 hitting its 14th record close of 2019, both the Dow and Nasdaq also nearing all-time highs. Plus, Beyond Meat shares plunge despite solid quarterly results as insiders rush for the exits. And Boeing CEO Dennis Muilenburg won’t say whether he’ll resign, telling CNBC, “my focus is on the job at hand”.
10/29/201948 minutes, 18 seconds
Episode Artwork

All-Time High Alert, Biggest Earnings Week & Tiffany Takeover Bid

Carl Quintanilla, David Faber & Jim Cramer discuss the biggest earnings week of the quarter, with the S&P 500 hitting an all-time high, both the Dow and Nasdaq also eying records. Plus, Tiffany shares soaring after receiving an unsolicited takeover bid from LVMH, David has the latest details. And Virgin Galactic becomes the first publicly-traded space tourism company, making its debut at the NYSE.
10/28/201946 minutes, 14 seconds
Episode Artwork

AMAZON THE “PATRIOTS” OF THE STOCK MARKET, TELECOM DELIVERS & THE EARNINGS PARADE

Carl Quintanilla, Jim Cramer & David Faber discuss Amazon’s big drop and its bright spots. The e-commerce giant wiping out nearly $50 billion dollars in market value after reporting its first profit decline in more than 2 years. Why Cramer is calling Amazon the New England Patriots of the stock market. Plus, David breaks down telecom giants Verizon & Charter after both beating the street.
10/25/201942 minutes, 53 seconds
Episode Artwork

Busiest Day for Earnings: Twitter Tanks, Tesla Soars & Could Southwest ‘Diversify’ from Boeing?

Here's the description: Carl Quintanilla, David Faber & Jim Cramer discuss the busiest day of earnings season: Amazon, Twitter, Intel, Southwest, Comcast, 3M, Dow, American Airlines among the companies reporting. Plus, as the grounding of its 737 Max fleet continues to weigh on Southwest Airlines, CEO Gary Kelly explains why the board will consider whether to “diversify away from Boeing aircraft” next year.
10/24/201945 minutes, 52 seconds
Episode Artwork

Dow Heavyweights Miss, Softbank's Massive WeWork Bailout & ServiceNow's Incoming CEO Exclusive

Here's the description: Carl Quintanilla, David Faber & Jim Cramer discuss Boeing & Caterpillar results, big misses for 2 big Dow heavyweights. The latest on Softbank's bailout of WeWork, sources say the company was on the verge of running out of money next week. And executive shake-ups at Nike and ServiceNow: an exclusive interview with incoming ServiceNow CEO & former SAP chief Bill McDermott.
10/23/201945 minutes, 49 seconds
Episode Artwork

Earnings Parade: McDonald's, Hasbro, & More; Verizon CEO Exclusively Announces it's offering customers a year of Disney + Free & UPS CEO on Earnings.

"Carl Quintanilla, Jim Cramer & David Faber digest a slew of earnings and speak with the CEO of UPS after announcing results and striking an agreement to use drones to deliver medical supplies. The CEO of Verizon announcing exclusively, on set, he's offering customers a year of Disney + for free. Plus, why Cramer says Biogen's Alzheimer's treatment could be the "biggest drug ever" as shares soar over 30%. 
10/22/201948 minutes, 55 seconds
Episode Artwork

Boeing Downgrades, Opioids in Ohio & The Earnings Boost For Stocks

Here's the description: Carl Quintanilla, David Faber & Jim Cramer discuss the pressures facing Boeing: 2 big analyst downgrades & renewed scrutiny of the 737 Max. Is it ‘a great American company, being run badly?’ Plus, a major settlement reached in a landmark first federal opioid lawsuit in Ohio. And stocks close in on new highs as trade and earnings optimism lifts Wall Street sentiment.
10/21/201943 minutes
Episode Artwork

Global Growth Fears, J&J's Asbestos Concerns & Mall Armageddon

Carl Quintanilla, David Faber & Jim Cramer discuss the trade war fallout as China notches its slowest GDP growth in nearly 3 decades. Renewed asbestos fears for Johnson & Johnson, recalling a single lot of baby powder after contamination found in online purchases. Plus, retail woes extending to the likes of Gap & Macy's and what Jim calls the coming 'mall armageddon.'
10/18/201949 minutes, 9 seconds
Episode Artwork

Netflix Soars Despite Subs Miss, Brexit Hopes Boost Stocks & Kudlow: ‘Trade Momentum’

Carl Quintanilla, David Faber & Jim Cramer discuss the Netflix stock surge and the looming competitive headwinds facing the streaming giant. Renewed hopes for Brexit, but the deal faces an uncertain future in the UK Parliament. Plus, top White House economic advisor Larry Kudlow discusses the latest ‘trade momentum.’
10/17/201950 minutes, 8 seconds
Episode Artwork

Retail's Biggest Sales Decline in 7-Months & Democrats Target Wealth/Business

Carl Quintanilla, David Faber & Jim Cramer discuss corporate earnings, Bank of America's quarterly beat & what the biggest decline in retail sales in 7-months means for investors. Plus, as Democratic candidates ramp up the rhetoric against big business - Jim Cramer explains why Sen. Elizabeth Warren remains so far to the left.
10/16/201942 minutes, 32 seconds
Episode Artwork

Big Banks Kick Off Earnings Season, IMF Downgrades Global Growth & An Activist Push at Emerson Electric

Carl Quintanilla, David Faber & Mike Santoli discuss the start to quarterly earnings season, JP Morgan, United Health delivering strong results. Plus the IMF downgrading its global growth outlook to the lowest level since the financial crisis. And DE Shaw delivering a searing indictment of waste at Emerson Electric, including a fleet of 8 airplanes - David Faber with all the details.
10/15/201943 minutes, 1 second
Episode Artwork

Trade Deal or Deal to Make a Deal, WeWork’s Cash Burn Concerns & Warren’s Facebook Feud

Carl Quintanilla, Morgan Brennan & Melissa Lee discuss China trade talks & emerging doubts about the ‘Phase One’ agreement. Plus We Company directors meet to discuss two financial rescue options for WeWork. And “profiting from lies” - how Senator Elizabeth Warren has upped the ante in her feud with Facebook.
10/14/201943 minutes, 9 seconds
Episode Artwork

Trade Optimism, A Skinny Deal Surge & Senator Warren’s Business Impact

Carl Quintanilla, David Faber & Jim Cramer discuss China trade & investor optimism for a skinny deal as President prepares to meet China’s Vice Premier. Plus why Jim thinks Senator Elizabeth Warren is the most important person for business right now.
10/11/201949 minutes, 1 second
Episode Artwork

China Trade Stock Volatility, NBA “Pandering to China” & Hormel’s Pumpkin Spice Spam

Carl Quintanilla, David Faber & Jim Cramer discuss the China trade stock volatility as President prepares to meet China’s Vice Premier. Plus the White House wades into the NBA’s China controversy. And Hormel Foods CEO on global expansion, plant-based foods & Pumpkin Spice Spam.
10/10/201945 minutes, 53 seconds
Episode Artwork

Skinny Trade Deal Optimism, J&J’s $8B Surprise & The NBA's China Troubles

Carl Quintanilla, Melissa Lee & Mike Santoli discuss the stock rally on reports that China is open to a partial U.S. trade deal. Plus Johnson & Johnson’s $8B jury verdict. And the NBA’s expanding China backlash, as Chinese sponsors pull support for the league.
10/9/201943 minutes, 13 seconds
Episode Artwork

Trade Fears Sink Stocks & The NBA's Expanding China Backlash

Carl Quintanilla, David Faber & Jim Cramer discuss the expanding U.S. blacklist of Chinese companies, stocks sink on fading trade optimism. Plus the NBA expanding China backlash following one manager's tweet about Hong Kong.
10/8/201943 minutes, 38 seconds
Episode Artwork

China Trade Concerns Hit Stocks, The NBA's China Headache & 'Just Say No, IPO'

Carl Quintanilla, David Faber & Jim Cramer discuss reports that a broad China trade deal could be off the table & the stock impact as talks get set to resume in Washington. Plus one NBA manager's tweet about Hong Kong sparking a business backlash & political firestorm. And Cramer's message to startups: 'Just say no, IPO.'
10/7/201944 minutes, 5 seconds
Episode Artwork

Unemployment Rate Hits a 50 Year Low & A Surprise Take on Wealth & Capitalism from Silicon Valley’s Billionaires

Carl Quintanilla, Jim Cramer and David Faber discuss the September jobs report, as the unemployment rate hits a 50 year low. Stocks pop on the numbers. Plus, billionaire’s giving a gut check. What Salesforce CEO Marc Benioff is calling the new capitalism, and why Facebook’s Mark Zuckerberg is siding with Sanders saying “no one deserves to have that much money.”
10/4/201944 minutes, 24 seconds
Episode Artwork

Red October: Q4’s Worst Start Since Financial Crisis & Wall Street’s Elizabeth Warren Fear Factor

Carl Quintanilla, David Faber & Jim Cramer discuss recession fears, economic uncertainty and Q4’s worst start for stocks since the financial crisis. Plus PepsiCo CFO’s gauge of the consumer: “doing just fine.” And are Wall Street’s Elizabeth Warren fears overdone? 
10/3/201943 minutes, 17 seconds
Episode Artwork

Q4’s Rocky Start, Manufacturing Slump, Recession Fears & The Playbook for Investors

Carl Quintanilla, David Faber & Jim Cramer discuss Q4’s rocky start & the playbook for investors as a manufacturing slump fuels recession fears.
10/2/201942 minutes, 58 seconds
Episode Artwork

Squawk on the Street: Opening Bell 10/01/2019

Carl Quintanilla, David Faber & Jim Cramer discuss the Q4 playbook for investors. Plus, Big Tech’s DC pushback. Facebook CEO Mark Zuckerberg blasting Elizabeth Warren’s plan to break up Facebook, calling it an ‘existential’ threat.
10/1/201943 minutes, 38 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/30/2019

Carl Quintanilla, Mike Santoli & Melissa Lee discuss the roller coaster ride for stocks as Q3 nears a close. Plus, what the Bernie Sanders Income Inequality Tax Plan would mean for companies and shareholders.
9/30/201943 minutes, 45 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/27/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the future of Wells Fargo with Charles Scharf now chosen as the bank's new CEO. Plus, Micron delivering disappointing earnings guidance, CEO Sanjay Mehrotra joins exclusively, hear what he says about the ongoing trade headwinds.
9/27/201949 minutes, 7 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/26/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the political risks for stocks as the House moves ahead with its impeachment inquiry. Plus, Philip Morris CEO exclusive on the ending of Altria merger talks amid the vaping crackdown.
9/26/201949 minutes, 3 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/25/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the end of merger talks between Philip Morris International and Altria, as well as the management shake-up at Juul. Plus, Devin Wenig stepping down as CEO at eBay, the latest details about his departure.
9/25/201948 minutes, 26 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/24/2019

Carl Quintanilla, Jim Cramer and David Faber discuss stocks surge as the President prepares to deliver remarks at the United Nations General Assembly. Plus, what Disney’s CEO is telling Jim about why he walked away from a deal to buy Twitter.
9/24/201945 minutes, 52 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/23/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the future of WeWork’s founder and CEO, Adam Neumann, as some on the board reportedly look to oust him as the company’s leader. Plus, global growth worries? Why weak manufacturing data out of Europe is stoking slowdown fears for investors.
9/23/201946 minutes, 23 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/20/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the slow stock market march to new records. Plus, as new Apple iPhones hit stores globally, will it move the needle for investors? And Washington’s War on Tech - Facebook CEO Mark Zuckerberg meets face-to-face with some of his harshest critics in DC.
9/20/201946 minutes, 17 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/19/2019

Carl Quintanilla, Jim Cramer and David Faber talk with NBA Legend, Kobe Bryant - discussing his multi-billion dollar investment venture, the start-ups and CEOs he supports and the other superstar athletes backing his business.
9/19/201945 minutes, 46 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/18/2019

Carl Quintanilla, Jim Cramer and David Faber discuss new U.S. sanctions on Iran and the impact on energy sector. Plus, with trade tensions and policy uncertainty weighing on FedEx, why Jim thinks CEO Fred Smith has one of the hardest jobs in the world. 
9/18/201944 minutes, 13 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/17/2019

Carl Quintanilla, Jim Cramer and David Faber discuss the latest in WeWork’s embattled path to an IPO.
9/17/201943 minutes, 58 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/16/2019

Carl Quintanilla, Jim Cramer and David Faber break down the impact of the Saudi oil strike, as crude notches its biggest intraday spike in history. And Oxycontin maker - Purdue Pharma - filing for bankruptcy – the company’s chair weighs in on its path forward. 
9/16/201943 minutes, 52 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/13/2019

Carl Quintanilla, Jim Cramer and David Faber break down the markets closing in on record highs ahead of the Fed's rate decision next week. And Wall Street schools companies going public from WeWork's dropping valuation to SmileDirectClub's tough first day.
9/13/201943 minutes, 39 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/12/2019

Presidential Candidate Senator Warren proposing a sweeping increase in social security benefits after tweeting at Squawk on the Street. Plus, stocks jumping on good will gestures on trade from both China and U.S. Carl Quintanilla, Jim Cramer and David Faber discuss.
9/12/201943 minutes, 7 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/11/2019

Quote: Boneheads. The President attacks Federal Reserve Chairman Jay Powell and the Fed. Plus, Elizabeth Warren takes on Wall Street. Why she says she’s approving Carl Quintanilla, Jim Cramer and David Faber’s message. 
9/11/201946 minutes, 23 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/10/2019

Carl Quintanilla, Jim Cramer and David Faber discuss WeWork’s embattled IPO plans and what Apple’s product reveal means for investors. 
9/10/201944 minutes, 20 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/09/2019

9/9/201943 minutes, 41 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/06/2019

David Faber & Jim Cramer breakdown the August Job's report and get the first reaction from the White House, National Economic Council Director Larry Kudlow weighs in.
9/6/201949 minutes, 47 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/05/2019

Markets surging after the U.S. and China agree to trade talks next month. David Faber and Jim Cramer discuss that plus the big movers of the morning from Slack, Signet, Comcast and more.
9/5/201944 minutes, 24 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/04/2019

Stocks jump as Hong Kong tensions ease. Plus, Dallas Cowboy's owner Jerry Jones joins the "Squawk on the Street" team to explain its $90 million contract extension with Ezekiel Elliott, NFL ratings, rights and more. 
9/4/201949 minutes, 27 seconds
Episode Artwork

Squawk on the Street: Opening Bell 09/03/2019

Stocks slipping as new tariffs go into effect on Chinese imports. The Squawk on the Street team breaks down the market moves. Plus, a report that Boeing's 737 Max could face new delays in its return to service.
9/3/201943 minutes, 35 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/30/2019

The Squawk on the Street breaks down the big move in stocks on the last trading day for August. Plus, earnings movers from Campbell, Dell and Ulta.
8/30/201943 minutes, 27 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/29/2019

A bounce back week. The Squawk on the Street team breaks down the pop in stocks as China says it's willing to resolve the trade war with a 'calm attitude'. Plus, Elon Musk & Jack Ma take the stage at the World Artificial Intelligence Conference in Shanghai. 
8/29/201942 minutes, 53 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/28/2019

The "R" word. A deep dive on bonds as the key yield curve inverts and fears of a recession grow. The Squawk on the Street team discusses that, Tiffany earnings and Peloton filing to go public.
8/28/201943 minutes, 51 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/27/2019

A possible merger in the making. Philip Morris confirms it's talks with Altria. David Faber & Jim Cramer discuss. 
8/27/201944 minutes, 9 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/26/2019

David Faber & Jim Cramer breakdown the market volatility as President Trump meets with global leaders at the G7 summit.
8/26/201946 minutes, 12 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/23/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
8/23/201942 minutes, 51 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/22/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/22/201943 minutes, 19 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/21/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/21/201943 minutes, 2 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/20/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/20/201943 minutes, 56 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/19/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/19/201943 minutes, 55 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/16/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/16/201943 minutes, 8 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/15/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 
8/15/201948 minutes, 28 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/14/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/14/201943 minutes, 49 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/13/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/13/201947 minutes, 34 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/12/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/12/201943 minutes, 19 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/09/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/9/201951 minutes, 5 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/08/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/8/201942 minutes, 41 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/07/2019

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds 
8/7/201956 minutes, 17 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/06/2019

The Squawk on the Street team speaks with NEC Director Larry Kudlow after stocks see their worst day of 2019. 
8/6/201959 minutes, 16 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/05/2019

The trade war with China is intensifying. Jim Cramer and David Faber breakdown the market's sharp moves and how to protect your portfolio.
8/5/201948 minutes, 55 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/02/2019

The Squawk on the Street team digests the market's reaction to the July Jobs report.
8/2/201943 minutes, 56 seconds
Episode Artwork

Squawk on the Street: Opening Bell 08/01/2019

8/1/2019. The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
8/1/201944 minutes, 6 seconds