Morning After the Sell-off, Twitter Whistleblower Allegations, Palo Alto Surges, Zoom Tumbles and Macy's Beats. 8/23/22

BlackRock CEO Fink's Message to Investors, Baltimore Bridge Collapse, Trump Media Shares Soar 3/26/24: Carl Quintanilla and Jim Cramer began the show with Larry Fink's annual letter to investors, in which the BlackRock CEO warns of a crisis when it comes to saving for retirement. The anchors discussed what he told Jim in an interview set to air on "Mad Money" Tuesday night. Also in focus: The Francis Scott Key Bridge collapse in Baltimore, Truth Social parent Trump Media & Technology Group soars after beginning trading under ticker symbol DJT, Reddit continues to rally after its own public debut last week, mega-tech roundup, UPS' growth strategy, should GE CEO Larry Culp be Boeing's next leader? Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

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. by Squawk on the Street

44 min listen

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 Disclaime by Squawk on the Street

43 min listen

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. by Squawk on the Street

50 min listen

Powell Watch, Rotten Apple, OpenAI Fires Back at Elon Musk 3/6/24: With stocks coming off their worst session in three weeks, Carl Quintanilla, Jim Cramer and David Faber set the stage for day one of Fed Chair Jerome Powell's congressional testimony on monetary policy. The anchors also discussed Apple shares extending losses after their worst two-day decline since September, while Tesla's stock slump continued on news of a price target cut from Morgan Stanley’s Adam Jonas. Also in focus: OpenAI strikes back at Elon Musk after his lawsuit against the startup, Microsoft engineer's AI warning, CrowdStrike soars, Disney's streaming strategy. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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 comments about 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 founder Sam 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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

Musk's AI Prediction, Cramer's Take on Fed Rate Cuts, Amazon Chasing History 4/9/24: Carl Quintanilla, Jim Cramer and David Faber led off the show by discussing a prediction fromTesla CEO Elon Musk: AI will overtake human intelligence next year. What might this mean for big tech'sAI players? Markets also in the spotlight ahead of Wednesday's key CPI inflation data. Hear why Cramer said "this economy doesn't need" Fed interest rate cuts. Also in focus: Amazon shares aiming for what would be their first record closing high since 2021, Piper Sandler's teen survey, the slump in Trump Media shares, Paramount deal buzz. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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 August CPI 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 following its product launch event including the new iPhone 15 lineup. Also in focus: Major tech CEOs including Elon Musk, Mark Zuckerberg and Jensen 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 by Squawk on the Street

47 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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." by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

43 min listen

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. by Squawk on the Street

42 min listen

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: Instacart heads into its Wall Street debut with a valuation of about $10 billion, while Arm shares fell for a third straight day after surging in its return 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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

43 min listen

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 jumped on 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 analyst reaction 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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

44 min listen

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. by Squawk on the Street

42 min listen

What happened at Qualcomm?: The Trump administration blocked chipmaker Broadcom's bid to acquire rival Qualcomm on the grounds of national security. But how did the San Diego-based company become the target in the first p... by Behind the Money

18 min listen

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. by Squawk on the Street

44 min listen

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. by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

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? by Squawk on the Street

43 min listen

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. by Squawk on the Street

44 min listen

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Morning After the Sell-off, Twitter Whistleblower Allegations, Palo Alto Surges, Zoom Tumbles and Macy's Beats. 8/23/22

Morning After the Sell-off, Twitter Whistleblower Allegations, Palo Alto Surges, Zoom Tumbles and Macy's Beats. 8/23/22

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