Stocks Tumble, Growing Virus Fears Spook Wall Street & Remembering Kobe Bryant

Wall Street Volatility, Coronavirus Numbers Continue to Rise in the U.S., Cigna CEO on Waiving Treatment Costs: Stocks setup for another volatile week. Carl Quintanilla, Jim Cramer and David Faber discuss the massive market swings. Stocks opening positive and quickly turning to a mixed picture, as the Dow loses its gains. The coronavirus continues to spread throughout the U.S., while President Trump announces that the national social distancing guidelines have been extended to April 30th, adding the death rate from the virus would peak in two weeks. The CEO of Cigna, David Cordani, joins "Squawk on the Street" to discuss his company's move to waive patient cost-sharing on all treatments for coronavirus, including hospitalizations and ambulance transfers. by Squawk on the Street

51 min listen

Morning After the Sell-off, FTC vs. Amazon, 30 Years of David Faber 9/27/23: Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets after Tuesday's sell-off put the S&P 500 and Nasdaq on track for their worst monthly performance since December 2022. The anchors reacted to what FTC Chair Lina Khan told CNBC about the agency's lawsuit against Amazon, which alleges the company illegally wields monopoly power. Also in focus: UAW strikes continue while Hollywood writers end their walkout, Costco earnings, Target's theft problem, Nvidia CEO's connection with Denny's, a celebration of David's 30th anniversary at CNBC -- featuring a special guest. Squawk on the Street Disclaimer by Squawk on the Street

46 min listen

Volatility Reigns Supreme, Massive Market Moves, Cisco Chairman & CEO, ServiceNow CEO: Carl Quintanilla and Jim Cramer discuss the massive swings in stock. Wall Street struggles to recover from its worst day in more than 30 years despite signs of potential further stimulus and progress on a possible treatment for the coronavirus. Overnight, Dow futures reached their "limit up" level before rolling over, falling below 20 thousand. Cisco Chairman and CEO, Chuck Robbins, commenting on the virus and how it's impacting his company. Plus, ServiceNow unveiling 4 new emergency apps in the wake of the pandemic, the CEO joins the "Squawk on the Street" gang to discuss. by Squawk on the Street

62 min listen

Stocks Bounce, Market Attempts to Recover from its Worst Drop in 2 Years, Mastercard’s Coronavirus Warning, Vaccine Coming?: Carl Quintanilla, Jim Cramer and David Faber breakdown the big swings in the market. Stocks jumping at the open as Wall Street tries to shrug off its worst day in two years. Experts still urging caution over the coronavirus, as cases outside of China continue to rise. Mastercard warns about the potential impact of the virus on its 2020 results, sending their shares down. The company also naming its Product Chief Michael Miebach as CEO, as Ajay Banga moves to Executive Chairman. Home Depot driving Dow gains, rising after earnings beat, the CEO says investments are paying off. Shares of Moderna skyrocketing after announcing it has shipped a coronavirus vaccine to U.S. government researches for study, with the first clinical trial expected by the end of April. Plus, David Faber breaks down HP’s earnings and what the company’s CEO is saying about Xerox’s proposal. by Squawk on the Street

43 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

October Jobs Report Reaction, Stocks With China Exposure Rally, and a Deluge of Earnings Winners and Losers. 11/4/22: Carl Quintanilla, Jim Cramer and David Faber led off with market reaction to the big story of the morning: The economy added a better-than-expected 261,000 non-farm jobs in October, while the unemployment rate rose to 3.7%. Hear what Cramer said about the economy and the key to this market. Hopes that China will scale back its "Zero-COVID" policy have sparked a rally in stocks such as Nike, Caterpillar and Starbucks -- along with Chinese names including Alibaba. As for the earnings parade: Starbucks beats, Warner Bros. Discovery misses, Shares of DoorDash, Expedia and Block (formerly Square) up double-digits -- while Carvana, DraftKings and Twilio get crushed. by Squawk on the Street

43 min listen

Recession Fears and the Markets, Ukraine’s Zelenskyy Addresses CEO Summit, Vaccine Makers Get a Boost, and M&A in the NFL 6/8/22: Carl Quintanilla, Jim Cramer and David Faber explored the markets trying to shrug off signs of a potential recession, including mortgage demand hitting a 22-year low. What should investors do now? The anchors also discussed Ukrainian President Zelenskyy addressing the Yale CEO Summit in New York City with his message to business leaders. Also in focus: Novavax and Moderna rise on COVID-19 vaccine news, Target receives a slew of Wall Street price target cuts after Tuesday’s profit warning, stocks Cramer calls buying opportunities, and the NFL's Denver Broncos agree to be sold to a group led by Walmart heir Rob Walton for $4.65 billion. 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

DOW Surges, Coronavirus Concerns, Former Goldman Sachs CEO Rips Sanders: Carl Quintanilla, Jim Cramer and David Faber on the Sanders surge. Presidential hopeful Senator Bernie Sanders takes the top spot in New Hampshire followed by Mayor Pete Buttigieg and Senator Amy Klobuchar. Stocks rising as investors try to shake off concerns over how the coronavirus could impact corporate profits and the global economy. Carnival Cruise Line says its earnings could take a big hit, if it has to halt its Asia operations due to the coronavirus. Former Goldman Sachs CEO Lloyd Blankfein goes after Sanders on Twitter, writing "... he'll ruin our economy and doesn't care about our military." Plus, David Faber's reporting on Softbank as the company's profits plunge 99%, dragged down by losses from its Vision Fund. by Squawk on the Street

43 min listen

Stocks Pop, Treasury Secretary Mnuchin Joins "Squawk on the Street," Iger: Disney Parks Consider 'more scrutiny,' Temperature Checks: Carl Quintanilla, Jim Cramer and David Faber discuss the swing upward for stocks, amid hopes that the number of new coronavirus cases is starting to decline. Confirmed cases in the U.S. surpasses 400,000 and globally over 1.4 million. Treasury Secretary Steven Mnuchin joins the "Squawk on the Street" gang to discuss the PPP loan plan. Secretary Mnuchin trying to assure small businesses by saying, "we will not run out of money." And what will the world look like after the virus? Disney Chairman, Bob Iger telling Barron's that Disney parks are considering 'more scrutiny,' temperature checks after coronavirus. Plus, McDonald's announcing its global same-store sales is down 22% for the month of March amid the pandemic. by Squawk on the Street

52 min listen

Stocks Sink, Coronavirus Fears & Fate of Fiscal Stimulus: Carl Quintanilla, Jim Cramer and David Faber discuss another day of wild swings for Wall Street, stocks moving sharply lower amid growing worries about the coronavirus outbreak and the fate of a fiscal stimulus package aimed at curbing slower economic growth. Plus, with U.S. equities edging closer to bear-market territory, Jim’s advice for anxious investors on how best to position their portfolios. by Squawk on the Street

54 min listen

Bulls’ Market Week to Forget, Baron Sees Buys, Adobe's Beat Not Good Enough, Musk's Twitter Meeting, and Chinese Stocks Ant-e Up 06/17/22: With the S&P 500 at an 18-month low following Thursday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed stocks trying to shrug off recession fears with the broader markets on track for their worst week since 2020. The anchors reacted to billionaire investor Ron Baron telling CNBC the June slump represents a once-in a generation buying opportunity. They also drilled down on tech's rough week, including Adobe shares falling despite better-than-expected quarterly results. Also in focus: This week's profit-taking in the energy sector, the FDA approves COVID-19 vaccines for younger children, Elon Musk's meeting with Twitter employees, Chinese stocks such as Alibaba rally on a report involving Jack Ma's Ant Group. by Squawk on the Street

44 min listen

Stocks in Correction, Sell-Off Accelerating, Toll Brothers CEO , Yellen: Coronavirus Could Throw the U.S. into a Recession: Carl Quintanilla, Jim Cramer and David Faber discuss the state of stocks and where to invest your money. Stocks plunging, opening sharply lower, extending their worst week since the financial crisis. The Dow enters correction territority as coronavirus fears grip global markets. Goldman Sachs warns that a further widespreading virus could completely wipeout corporate growth this year. And quote “on the sidelines,” why Toll Brothers’ CEO tells Cramer that the next few weeks are critical for the housing market. Plus, Former Fed Chair Janet Yellen says it’s conceivable that the coronavirus could throw the U.S. into a recession. by Squawk on the Street

52 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

Recession Fears and the Markets, Cramer vs. the Downgrade Parade, Twitter's Letter Slams Musk, Gap CEO Steps Down and Bill Ackman's SPAC Setback. 7/12/22: Carl Quintanilla, Jim Cramer and David discussed stock market moves and oil prices falling amid inflation and global growth worries, dollar-euro parity and investors looking ahead to this week's inflation data and bank earnings. Cramer speaks out about the "endless" downgrades on Wall Street and why the "sell everything" approach is the wrong instinct. The anchors also reacted to Twitter's letter to Elon Musk: The company slamming his attempt to abandon their $44 billion deal as "invalid and wrongful." Also in focus: Gap CEO Sonia Syngal steps down, PepsiCo's earnings beat, Billionaire investor Bill Ackman winds down his $4 billion SPAC, bitcoin back below $20,000, plus Cramer and Mark Zuckerberg in the metaverse. by Squawk on the Street

44 min listen

Dow Tumbles, Ending Massive 3 Day Win Streak, Verizon CEO Hans Vestberg: David Faber and Jim Cramer breakdown the drop on stocks. Falling sharply Friday, giving back some of the strong gains experienced in the previous three days to cap another volatile week on Wall Street. Investors focusing back on the coronavirus outbreak as the U.S. became the country with the most confirmed cases overtaking China & Italy. Chevron, Boeing and American Express leading the Dow lower, sliding more than 5% each. Plus, the "Squawk on the Street" gang speaks with Verizon CEO, Hans Vestberg. Hear what he has to say about the coronavirus and how it's impacting his business. by Squawk on the Street

49 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

Jobs Report Beats, Tech's 2024 Start Not "Magnificent," Middle East Conflict Impact 1/05/24: Carl Quintanilla and Jim Cramer led off the show with market reaction to the government's key December employment report: 216,000 non-farm jobs were added last month, exceeding economists' forecasts -- but October and November payrolls were revised lower. The unemployment rate held steady at 3.7%. The anchors discussed what to make of the early 2024 slump in tech and "Magnificent 7" stocks -- with the Nasdaq in the midst of a five-day losing streak. Also in focus: Red Sea attacks and the Middle East conflict’s impact on everything from Chevron and Maersk to McDonald's, Microsoft moves closer to Apple's valuation, Constellation Brands' earnings, Costco's sales jump, a look ahead to next week's bank earnings and Jim's CEO interviews from the J.P. Morgan Healthcare Conference. Squawk on the Street Disclaimer Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

New Record Highs, Nvidia Joins the $2T Club, Slide and a Miss for Warner Bros. Discovery 2/23/24: The morning after the best day for stocks in more than a year, Carl Quintanilla and Jim Cramer discussed what to make of the markets' upward momentum: The Dow and S&P 500 jumping to new all-time intraday highs and Nvidia hitting a $2 trillion valuation for the first time -- overshadowing Fed officials continuing to stress holding off on rate cuts for now. The anchors reacted to Warner Bros. Discovery shares falling on a Q4 miss despite posting a streaming profit for 2023. Also in focus: Square parent Block and Carvana soar, upgrades and downgrades, White House sanctions against Russia, Reddit files to go public, Jim previews the CNBC Investing Club's Annual Meeting which takes place on Saturday. Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

Tech Tumbles: Apple Extends Stock Slump on Reports of a China Government iPhone Ban 9/7/23: Carl Quintanilla, Jim Cramer and David Faber led off the show with Apple extending this week's losses: Shares hurt by published reports stating China plans to broaden its ban of iPhone usage by government officials. The anchors explored whether now is the time to buy mega-tech names, as the Nasdaq entered Thursday's session in the midst of a three-day losing streak. At the Goldman Sachs "Communacopia" conference in San Francisco, David highlighted comments made at the event by Warner Bros. Discovery CEODavid Zaslav. Also in focus: Crude oil's nine-session win streak, the streaming wars as the NFL season kicks off, auto industry labor strife, Boeing's 737 MAX delivery guidance, CNBC's "Fast Money" rings the Nasdaq opening bell. Squawk on the Street Disclaimer by Squawk on the Street

44 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

Vikings have off-field concerns, and need to prepare for Chargers by Access Vikings

50 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

Markets After Worst Week of '23, Buffett Slams Buyback Critics, Activism Wins: Union Pacific CEO Out 2/27/23: Carl Quintanilla and Jim Cramer explored markets trying to rebound from the worst week for stocks so far this year. Are investors right to bet on more volatility? The anchors reacted to notes from top strategists: Morgan Stanley's Mike Wilson on what's "critical" for the S&P 500 -- and Goldman Sachs' David Kostin on the stocks that are hedge fund and mutual fund "favorites." Carl and Jim discussed Warren Buffett's letter to Berkshire Hathaway shareholders, including the what the "Oracle of Omaha" wrote about Berkshire's top holdings as well as critics of buybacks ("economic illiterate"). Also in focus: Union Pacific shares rally on news the railroad will replace its CEO in wake of hedge fund pressure, Pfizer reportedly in talks to acquire cancer drug maker Seagen, plus what to expect from a big week of retail earnings including results from Target and Lowe's. by Squawk on the Street

43 min listen

Wildfire Smoke Impact, Tech and AI After the Nasdaq Sell-off, Shakeup at GameStop 6/8/23: Carl Quintanilla, Jim Cramer and David Faber discussed the impact of the Canada wildfire smoke on tens of millions of Americans, as well as air travel and several industries. Coverage included a report from on the ground at Philadelphia International Airport. The anchors also discussed what's ahead for the markets and the AI trade one day after the Nasdaq’s worst trading session since April. Also in focus: GameStop tumbles after firing CEO Matt Furlong and naming Ryan Cohen executive chairman, Carvana surges, soccer superstar Lionel Messi to join MLS' Miami club. Squawk on the Street Disclaimer by Squawk on the Street

44 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

The Trender Of The Zeit 11/11: NFL, Germany, Cracker Barrel, Inflation, Astroworld, Debra Messing by The Daily Zeitgeist

23 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

Volatility & The Market Whipsaw, A Biden Boost for Wall Street & “Death of Value Investing”: Carl Quintanilla, Jim Cramer and David Faber breakdown the global stock bounce, U.S. equities rallying as investors continue to cope with coronavirus-induced volatility. Plus a Biden boost, with Wall Street seemingly buoyed by a string of Super Tuesday primary victories for the former Vice President. And legendary investor Jeff Ubben says he never thought he would see anything like this & explains why it makes value investing impossible. by Squawk on the Street

48 min listen

Stocks Plunging, Dow Goes Negative for 2020, Coronavirus Cases Outside China Surge, Sanders wins Nevada: Carl Quintanilla, Jim Cramer and David Faber discuss the massive market drop and where to put your money to work. Stocks plunging as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading. The Dow goes negative for the year. 10-year treasury yield plunges to its lowest level since 2016, while the 30-year rate hits an all-time low. Why the Oracle of Omaha says don’t buy or sell on today’s headlines. Plus, the race for the democratic nomination heats up, as Bernie Sanders wins in Nevada. by Squawk on the Street

56 min listen

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Stocks Tumble, Growing Virus Fears Spook Wall Street & Remembering Kobe Bryant

Stocks Tumble, Growing Virus Fears Spook Wall Street & Remembering Kobe Bryant

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