Cohen Sells and Bed Bath Plunges, Fedspeak vs. Win Streaks, and the "Buybacks Bandwagon" 8/19/22

Markets Rally, BofA's Earnings Beat, Apple Named a "Top Pick" and Murdoch Weighs Reuniting Fox, News Corp. 10/17/22 by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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 experien by Squawk on the Street

43 min listen

Disney CEO Iger Exclusive, 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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

49 min listen

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 by Squawk on the Street

42 min listen

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. by Squawk on the Street

46 min listen

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. by Squawk on the Street

44 min listen

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. by Squawk on the Street

45 min listen

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 by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

Hot PPI, Retail Sales Miss, Mnuchin Talks Buying TikTok, Tesla Valuation Slides Below JPM 3/14/24: Carl Quintanilla, David Faber and Mike Santoli led off the show with market reaction to key February data ahead of next week’s Fed meeting: The Producer Price Index showed hotter-than-expected wholesale inflation, while retail sales missed economists' forecasts. The anchors also reacted to what former Treasury Secretary Steven Mnuchin told CNBC: He plans to form an investor group to buy TikTok. How low can Tesla go? This year's worst performer on the S&P 500 slipped below JPMorgan Chase in terms of market cap. Also in focus: Kevin Plank returns to Under Armour as CEO, retail earnings roundup, BofA lifts its price target on Nvidia, remembering former Time Warner CEO Gerald Levin. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

Inflation Situation and Markets, Oracle Surges on AI, Southwest's Boeing Challenge 3/12/24: Ahead of next week's Fed meeting, Carl Quintanilla, David Faber and Mike Santoli explored market reaction to key inflation data: The February Consumer Price Index. AI news in the spotlight: Oracle shares soared after the company posted an earnings beat -- and BofA raised its S&P 500 profit forecast for 2024. Also in focus: JPMorgan Chase CEO Jamie Dimon’s latest recession message, Southwest shares take a hit on Boeing-related woes, 3M selects a new CEO, Paramount deal speculation, the Co-CEOs of athletic footwear and apparel maker On Holding at Post 9 on quarterly results that sent the stock tumbling. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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. by Squawk on the Street

46 min listen

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 by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

Starbucks’ Bold Move: Investors react to the Fed's loss of patience. Starbucks announces a stock split and gets some blowback over its latest initiative. And Nike rises on better-than-expected earnings. Our analysts discuss those stories and share some stocks... by Motley Fool Money

39 min listen

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 day after 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, billionaire investor Ron Baron on Tesla in China, rough day for Trade Desk, Diageo and luxury stocks, market bright spots, what media pioneer John Malone told David about Rupert Murdoch. Squawk on the Street Disclaimer by Squawk on the Street

41 min listen

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. by Squawk on the Street

43 min listen

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 from Expedia and Booking Holdings. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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. by Squawk on the Street

51 min listen

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. by Squawk on the Street

46 min listen

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 by Squawk on the Street

43 min listen

Cooling Inflation, Rising Stocks 11/15/22: Stocks rise after another inflation read comes in cooler than expected, Scott Wapner and the Investment Committee debate what it all means for the state of the rally, is 4,100 the next stop for the S&P? Plus, have semis bottomed? The group crossed above its 200-day, the Committee break down the best names in the sector. And later, a Call of the Day on Netflix, with a double upgrade on the name, and ownership on the desk, the Committee debate what to do with the stock. by Halftime Report

42 min listen

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 by Squawk on the Street

47 min listen

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? by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

47 min listen

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Cohen Sells and Bed Bath Plunges, Fedspeak vs. Win Streaks, and the "Buybacks Bandwagon" 8/19/22

Cohen Sells and Bed Bath Plunges, Fedspeak vs. Win Streaks, and the "Buybacks Bandwagon" 8/19/22

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