Unemployment Rate Hits a 50 Year Low & A Surprise Take on Wealth & Capitalism from Silicon Valley’s Billionaires

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. by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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." by Squawk on the Street

45 min listen

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. by Squawk on the Street

43 min listen

Exclusive: Starbucks CEO on Quarterly Miss, Amazon and the Earnings Parade, Market Playbook for May 05/01/24: On the first trading day of May, Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for stocks after the markets++ ended a tough April with a sell-off. The anchors also looked toward Wednesday's Fed decision on rates and Chair Jerome Powell's news conference. Starbucks CEO Laxman Narasimhan joined the program exclusively to discuss his company's weaker-than-expected quarterly results and guidance that caused its stock to plunge. Jim challenged the CEO on a number of fronts, including why investors should own Starbucks shares. More earnings in focus: Amazon gets a lift from AI, Pfizer rises, Pinterest soars -- but a rough day for the likes of CVS, AMD and Super Micro. Squawk on the Street Disclaimer by Squawk on the Street

49 min listen

Salesforce's Marc Benioff: We Need a New Capitalism by Boss Files with Poppy Harlow

72 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

3 min listen

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 by Squawk on the Street

3 min listen

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 Joi by Squawk on the Street

56 min listen

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 by Squawk on the Street

43 min listen

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? by Squawk on the Street

46 min listen

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 by Squawk on the Street

43 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

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? by Squawk on the Street

46 min listen

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 by Squawk on the Street

3 min listen

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. by Squawk on the Street

46 min listen

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. by Squawk on the Street

43 min listen

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. by Squawk on the Street

43 min listen

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 Brian Cornell'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. by Squawk on the Street

42 min listen

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 by Squawk on the Street

44 min listen

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 by Squawk on the Street

46 min listen

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 by Squawk on the Street

45 min listen

Salesforce CEO, Emergent BioSolutions CEO & Alexandria Real Estate Equities CEO: After a mixed day on Wall Street, Cramer is breaking down the latest news. Then, Cramer has the exclusive with Salesforce CEO Marc Benioff after the company announced Work.com – its latest effort to support businesses amid the pandemic. Next, Cramer is going one-on-one with the CEO of Emergent BioSolutions on the race for a COVID-19 vaccine and its collaboration with Johnson & Johnson. And, the CEO of Alexandria Real Estate Equities gives Cramer an update on the current state of the REIT space and how the company is handling the coronavirus crisis. by Mad Money w/ Jim Cramer

47 min listen

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 by Squawk on the Street

3 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

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 by Squawk on the Street

44 min listen

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. by Squawk on the Street

46 min listen

Chipotle CEO, Reviewing The Gaming Stocks & Linde CEO 2/7/23: All three major averages rose following Federal Reserve Chair Jerome Powell’s comments indicating inflation has started easing and Jim Cramer is covering the market's moves from all angles. Then, Chipotle Mexican Grill fell after reporting an earnings and revenue miss for its fourth quarter but is the decline an opportunity for investors to bite into the stock? Cramer's talking to CEO Brian Niccol. Then, Activision Blizzard and Take-Two Interactive reported yesterday - Cramer's digging deeper into the numbers and sharing which gaming name investors can add to right now. Plus, Cramer's exclusive with Linde CEO Sanjiv Lamba. by Mad Money w/ Jim Cramer

44 min listen

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 by Squawk on the Street

4 min listen

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Unemployment Rate Hits a 50 Year Low & A Surprise Take on Wealth & Capitalism from Silicon Valley’s Billionaires

Unemployment Rate Hits a 50 Year Low & A Surprise Take on Wealth & Capitalism from Silicon Valley’s Billionaires

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