New Market Week, Dell Layoffs and Tesla's 2023 Rally Rolls On 2/6/23

Powell's Rate Message and the Markets, United Soars, "Mag 7" CEOs in the Spotlight 4/17/24: With the S&P 500 and Nasdaq in the midst of 3 day-losing streaks, Carl Quintanilla, Jim Cramer and David Faber discussed the markets digesting Tuesday's comments from Fed Chair Powell, who suggested interest rates could remain higher for a longer period. The anchors also reacted to United Airlines shares surging after the company posted quarterly results. CEOs of "Magnificent 7" companies in the news: Apple's Tim Cook in Indonesia considering manufacturing in that country, Tesla urges shareholders to ratify Elon Musk's 2018 pay package, Nvidia's Jensen Huang makes the "Time 100" list. Also in focus: President Biden calls for higher tariffs on Chinese steel, the stock dragging the chip sector lower, lap of luxury, Boeing's woes and the whistleblower, Paramount deal update. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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 by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

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 coming one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves in light of the labor strikes in Hollywood. Squawk on the Street Disclaimer by Squawk on the Street

44 min listen

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. by Squawk on the Street

43 min listen

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." by Squawk on the Street

43 min listen

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 by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

$Making Money in June, Salesforce Surges, and Musk's WFH Message: Return to the Office Or Get Out 6/1/22: On the first trading day of June, Carl Quintanilla, Jim Cramer and David Faber explored what's next for the markets after both the Dow and the S&P 500 eked out fractional gains for May despite volatility. The anchors also reacted to what Treasury Secretary Janet Yellen told CNBC about inflation and the surge in oil prices. Shares of Salesforce surged on better-than-expected quarterly results and raised profit guidance. Elon Musk's take on "work from home" also a big topic of discussion: He is said to have told Tesla staff in a leaked memo that they must be in the office for a minimum of 40 hours per week "or depart Tesla." Also in focus: SPAC terminations, plus Apple reportedly moving some of its iPad production to Vietnam from China.$

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

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

New 52-Week Lows for Tesla, Cramer's Market Slump Message, Countdown to Netflix Earnings. 4/18/24: Carl Quintanilla, Jim Cramer and David Faber discussed Tesla falling to a new 52-week low after Deutsche Bank downgraded the EV maker to "Hold" from "Buy." How low can shares go? Hear Cramer elaborate on his message about certain stocks: "We are in a serious correction and no one wants to admit it." Also in focus: 4-day losing streaks for the S&P 500 and Nasdaq, what to expect from Netflix's quarterly results after Thursday's close of trading, chip sector movers and AI, earnings winners and losers, the companies scaling back “work from home” arrangements. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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 by Squawk on the Street

45 min listen

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. by Squawk on the Street

44 min listen

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 by Squawk on the Street

43 min listen