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

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

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 by Squawk on the Street

43 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

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. by Squawk on the Street

46 min listen

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. 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

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 after the 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 slump following 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, President Biden's $100 billion message to Congress, an update from Tel Aviv on the Israel-Hamas war. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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. by Squawk on the Street

44 min listen

Stocks' Labor Pains, McDonald's Misses, Lilly's Weight-Loss Gains, Tesla Layoffs Talk 4/30/24: On the final trading day of April, Carl Quintanilla, Jim Cramer and David Faber discussed rate fears weighing on stocks: The Q1 Employment Cost Index came in higher than expected -- ahead of the Fed's two-day policy meeting, which ends Wednesday. The anchors reacted to McDonald's Q1 earnings miss, which was due in part to customers tightening their belts amid price hikes. The earnings barrage included Eli Lilly posting a Q1 beat and raising guidance thanks to demand for its obesity drugs -- and blue chips Coca-Cola and 3M toppingestimates.Also in focus: Reports of more layoffs at Tesla, Walmart closes health clinics, Paramount's uncertain future, Faber Report on the battle for NBA television rights. Squawk on the Street Disclaimer 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

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. by Squawk on the Street

43 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

42 min listen

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 by Squawk on the Street

43 min listen

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." by Squawk on the Street

46 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

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 by Squawk on the Street

51 min listen

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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

43 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

ESPN's Sports-Betting Deal, Bracing for Disney Earnings, China Deflation 8/9/23: Carl Quintanilla, Jim Cramer and David Faber led off the show with all things Disney: The company's ESPN 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 by Squawk on the Street

43 min listen

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 by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 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 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 by Squawk on the Street

43 min listen

Riding the AI-Fueled Rally, EU Hits Apple With $2B Fine, Bitcoin Surpasses $65K 3/4/24: Carl Quintanilla, Jim Cramer and David Faber led off the show by exploring the AI-fueled rally that propelled the S&P 500 and Nasdaq to fresh record highs on Friday. How do you value stocks such as Nvidia and other AI players? Super Micro continued its white-hot surge after being selected to join the S&P 500. The company surpassed three Dow components on a valuation basis. Also in focus: The EU fines Apple nearly $2 billion, bitcoin tops $65,000 for the first time since 2021, Tesla's China challenge, two firms boost their takeover bid for Macy's, Equinox's obesity drug protocol. Squawk on the Street Disclaimer by Squawk on the Street

46 min listen

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." by Squawk on the Street

44 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

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

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

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