Tech-Led Market Rally, Whale Watching, More Job Cuts 2/15/24

Arm Holdings Slides, Warner Bros. Discovery Misses, Airbnb CEO Talks Earnings and "Icons" 05/09/24: Carl Quintanilla, Jim Cramer and David Faber led off the show with one of the beneficiaries of the AI boom: Chip designer Arm Holdings down sharply as lower-than-expected revenue guidance overshadowed a Q4 beat. What’s next for the AI trade? Warner Bros. Discovery posted a quarterly miss. The company's streaming bundle partnership with Disney also in the spotlight. Airbnb CEO Brian Chesky joined the program to discuss the company's earnings beat, guidance that weighed on the stock and launch of its "Icons" experiences. Also in focus: Affirm among the earnings bright spots, more monthly sales gains for Costco, Apple's controversial new iPad ad, Norfolk Southern CEO vs. activists. Squawk on the Street Disclaimer by Squawk on the Street

45 min listen

Microsoft Back At $2T, Apple's 2023 Rally, Super Bowl Aftermath 2/13/23: Carl Quintanilla, David Faber and Mike Santoli explored the moves in tech: Microsoft returning to a $2 trillion valuation in the midst of its artificial intelligence battle with Google parent Alphabet, while Apple shares have jumped by more than 16% so far this year. The anchors focused on the markets and inflation ahead of Tuesday's CPI data. They also discussed all things Super Bowl, from the Chiefs' victory and Rihanna's Apple-sponsored halftime show -- to the commercials and a big night for sports betting. by Squawk on the Street

43 min listen

PPI and Fedspeak Slam Stocks, Exclusive With Cisco CEO, Bitcoin Rally vs. Munger 2/16/23: Carl Quintanilla, David Faber and Mike Santoli focused on the inflation/Fedspeak double whammy for stocks: The January Producer Price Index came in hotter than expected, followed by Cleveland Fed President Loretta Mester saying she saw a "compelling case" for a 50 basis point rate hike earlier this month. Cisco CEO Chuck Robbins joined the program to discuss the company's better-than-expected quarterly results, raised guidance and his take on artificial intelligence. The anchors discussed the streaming landscape: Paramount Global down sharply after posting a quarterly miss, while Roku shares surged on growth in new users. Also in focus: Bitcoin hits a six-month high, Berkshire Hathaway Vice Chairman Charlie Munger on the "horror" of crypto, Shopify tumbles and Twilio soars. by Squawk on the Street

43 min listen

Earnings Movers, Bracing for Tesla's Q1 Results, Apple's iPhone Challenges in China. 4/23/24: After Monday's rebound rally in stocks, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to a slew of earnings reports: General Motors and GE Aerospace among the biggest gainers. The anchors also explored what to expect from Tesla's much-anticipated quarterly results due out after Tuesday's close of trading -- with the stock down more than 40% so far this year. Also in focus: New data show Apple iPhone sales in China down 19% in Q1, Spotify surges, Warner Bros. Discovery downgraded, the FTC sues to block the $8.5 billion merger between Coach parent Tapestry and Capri Holdings -- home to brands including Michael Kors. Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

Inflation Data and Walmart Spark a Market Rally, Tech Surges and Berkshire's Munger Blasts Crypto ... Again. 11/15/22: Carl Quintanilla, David Faber and Mike Santoli began the show with wholesale inflation data that helped to spark a market rally: The Producer Price Index for October came in tamer than expected, unchanged from the previous month when you strip out food and energy. As for retail earnings, Walmart shares surged on better-than-expected quarterly results, raised guidance and a $20 billion share buyback program. Home Depot also posted a quarterly beat. Jim Cramer joined the anchors shortly before the opening bell and weighed in on retail earnings and the movers of the morning. Also in focus: Berkshire Hathaway Vice Chairman Charlie Munger's new message blasting crypto in a CNBC interview, the latest on the FTX collapse, Warren Buffett's bet on Taiwan Semiconductor boosts the chip sector, and Netflix jumps on a double upgrade. by Squawk on the Street

43 min listen

SQUAWK BOX, WEDNESDAY 1ST FEBRUARY, 2023 by Squawk Box Europe Express

25 min listen

Buffett Shrugs Off Fitch Downgrade, Qualcomm Shares Sink, Live: Shopify President 8/3/23: Carl Quintanilla and Jim Cramer began the hour by breaking down the tech sector, a day after the Nasdaq suffered its worst daily performance since February. Shares of chip giant Qualcomm plunged in early trading despite beating earnings estimates, after the company’s guidance and revenue fell short of expectations. The anchors also turned to Warren Buffett shrugging off the Fitch downgrade, telling CNBC “There are some things people shouldn’t worry about… this is one.” Also in the mix: Shopify President Harley Finkelstein joined the show to break down his latest earnings beat, the company’s partnership with Roku and a lot more. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

Buffett on Apple and AI, Apollo Global CEO at Milken, Disney Earnings Watch 5/6/24: Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at Warren Buffett and Apple after the tech giant's Friday surge. The anchors reacted to comments Buffett made at Berkshire Hathaway's annual shareholder meeting on Saturday -- everything from his company trimming its stake in the iPhone maker to the "Oracle of Omaha" expressing fears about AI. At the Milken Institute's Global Conference in Los Angeles, David sat down with Apollo Global CEO Marc Rowan to discuss Paramount, private markets and campus protests. Also in focus: The stocks extending Friday's market rally, what to expect from Disney's earnings due out Tuesday morning, Howard Schultz's response to Starbucks' big Q2 miss. Squawk on the Street Disclaimer by Squawk on the Street

46 min listen

CEO Tripleheader: Disney, Verizon and Adobe 9/15/22: As stocks try to rebound from Tuesday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to an unexpected rise in August retail sales and the White House announcing a tentative labor agreement to avert a national railway strike. Adobe shares tumbled to become the morning's worst performer on the S&P 500. The company's CEO Shantanu Narayen joined the program after announcing quarterly results, guidance and a $20 billion cash-and stock deal to acquire online design startup Figma. David had a pair of exclusive interviews: Disney CEO Bob Chapek and Verizon CEO Hans Vestberg. Also in focus: Big gainers including Netflix on a Wall Street upgrade and Humana on raised guidance. by Squawk on the Street

46 min listen

Markets and Retail Stocks Rally, Broadcom Buys VMWare in $61B Deal, and Musk Commitment Boosts Twitter 5/26/22: Carl Quintanilla, David Faber and Leslie Picker discussed the markets extending Wednesday's gains. Retail among the bright spots toward the end for what has been a rough month for the sector: Shares of Dollar Tree, Dollar General and Macy's each up double-digits in reaction to quarterly results. In M&A news, Broadcom has agreed to acquire VMWare for $61 billion in cash and stock. Also on the tech front, Nvidia and Snowflake slide, Elon Musk says he will commit more of his wealth to finance his $44 billion Twitter takeover deal, and Apple reportedly plans to keep 2022 iPhone production levels below analyst forecasts in wake of China COVID lockdowns and supply chain issues. by Squawk on the Street

43 min listen

Disney’s Showdown with Charter Heats Up, Plus Apple’s Overseas Headwinds 9/6/23: A new report today forecasts a 5% increase in U.S. ad revenue this year, but says the TV ad sector is experiencing an "existential crisis" amid an ongoing showdown between Charter and Disney that's caused sports programming blackouts for millions just as the NFL season kicks off. Plus, a top Apple analyst breaks down why shares are down today, citing two big decisions against the company - the EU naming Apple, among others, a gatekeeper under its Digital Markets Act, and Chinese officials told they can't use iPhones for work or bring them into the office. by TechCheck

9 min listen

Pre-Holiday Movers, China COVID Lockdowns, Foxconn iPhone Plant Unrest and Credit Suisse's $1.6B Warning 11/23/22: On the final trading day before Thanksgiving, Carl Quintanilla, David Faber and Mike Santoli discussed the markets ahead of Black Friday, including reaction to earnings from the likes of Nordstrom. Veteran market strategist Bob Doll joined the anchors with his market outlook and take on the Fed. David's "Faber Report" focused on Credit Suisse warning of a $1.6 billion loss in the fourth quarter. China's COVID lockdown also in the spotlight: A report from on the ground in Beijing after unrest at Foxconn's massive iPhone assembly plant. Also in focus: HP to cut up to 6,000 jobs, Wall Street notes on Tesla and the Elon Musk effect, plus the FTX collapse - from bankruptcy hearing developments to Sam Bankman-Fried's latest mea culpa. by Squawk on the Street

42 min listen

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

SQUAWK BOX, TUESDAY 18TH APRIL, 2023 by Squawk Box Europe Express

32 min listen

Microsoft and Alphabet Lead Tech Sector Slump, Plus: Exclusives With the CEOs of Boeing and Bristol Myers Squibb 10/26/22: Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to shares of Microsoft and Google parent Alphabet falling sharply and pulling the Nasdaq lower after the tech giants posted quarterly results. Two CEOs joined the program exclusively: Boeing's Dave Calhoun discussed what's next for his company after its unexpected quarterly loss -- and Bristol Myers Squibb's Dr. Giovanni Caforio outlined the drugmaker’s earnings beat despite the stronger dollar's impact on sales. Also in focus: What quarterly results from the likes of Visa, Chipotle and Mattel are telling us about the consumer, plus a look at what to expect from Meta's after-the-bell earnings report. by Squawk on the Street

46 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

SQUAWK BOX, FRIDAY 17TH NOVEMBER, 2023 by Squawk Box Europe Express

25 min listen

April Jobs Report and Apple Combine to Spark Market Rally 5/3/24: Carl Quintanilla, Jim Cramer and David Faber covered all of the bases on Friday's stock market rally. The two main catalysts: The April employment report shows the economy created fewer jobs than expected, fueling investor hopes for a Fed rate cut. Apple shares surged as the company's Q2 earnings beat, guidance and record $110 billion share buyback program overshadowed a decline in revenue and iPhone sales. What does it all mean for big tech? Also in focus: A "Faber Report" on the Paramount deal saga, Amgen soars, earnings winners and losers, Cramer reacts to the New York Knicks eliminating the Philadelphia 76ers from the NBA Playoffs. Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

Buffett Bets on Japan, Alibaba's AI Launch, Bitcoin Surpasses $30,000 4/11/23: Carl Quintanilla, Jim Cramer and David Faber discussed Warren Buffett's investment strategy. The billionaire investor said Berkshire Hathaway raised its stake in five Japanese holding companies by 7.4% each -- and is considering buying more. AI also in the spotlight: Alibaba rolls out a system to rival ChatGPT, AI faces new scrutiny in both the U.S. and China, plus anchor reaction to what former Google CEO Eric Schmidt told CNBC about AI. Also in focus: Markets brace for Wednesday's CPI data, bitcoin hits a ten-month high and surpasses $30,000, playing the chip sector, Cramer's list of underappreciated Dow stocks. 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

Exclusive with BlackRock CEO Larry Fink, Big Bank Earnings, "Red" Chips 4/12/24: David Faber, Sara Eisen and Mike Santoli spoke exclusively with BlackRock Chairman & CEO Larry Fink at Post 9. The head of the world's largest asset management firm discussed various issues including inflation, Fed rate cuts, AI, China and his company's earnings. The anchors also explored another volatile day for markets, with stocks falling amid worries about the Fed's rate cut timeline -- and despite better-than-expected Q1 results from JPMorgan Chase, Citi and Wells Fargo. Also in focus: Shares of Intel and AMD under pressure on a report regarding China, Nasdaq's record closing high, Amazon and Alphabet $2 trillion valuation watch. Squawk on the Street Disclaimer by Squawk on the Street

46 min listen

Inflation Situation and Markets, Oracle Surges on AI, Southwest's Boeing Challenge 3/12/24: Ahead of next week's Fed meeting, Carl Quintanilla, David Faber and Mike Santoli explored market reaction to key inflation data: The February Consumer Price Index. AI news in the spotlight: Oracle shares soared after the company posted an earnings beat -- and BofA raised its S&P 500 profit forecast for 2024. Also in focus: JPMorgan Chase CEO Jamie Dimon’s latest recession message, Southwest shares take a hit on Boeing-related woes, 3M selects a new CEO, Paramount deal speculation, the Co-CEOs of athletic footwear and apparel maker On Holding at Post 9 on quarterly results that sent the stock tumbling. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

How I Built Resilience: Niraj Shah and Steve Conine of Wayfair by How I Built This with Guy Raz

28 min listen

Big Earnings Movers: Microsoft Jumps, Alphabet Slumps, Boeing CEO Exclusive 10/25/23: Carl Quintanilla, Jim Cramer and David Faber led off the show with mega-tech earnings: Microsoft shares jumped on a quarterly beat while Alphabet fell sharply despite beating on the top and bottom lines. The anchors discussed how the cloud and AI made the difference in both cases. Boeing CEO Dave Calhoun joined the program to discuss his company's results - and the stock's rise in the face of a wider-than-expected Q3 loss. Also in focus: What to expect from Meta's after-the-bellresults, earnings movers including Visa and T-Mobile US, Wall Street calls on Apple, an update on the Israel-Hamas War. Squawk on the Street Disclaimer by Squawk on the Street

43 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

Final Trading Day of 1H, Markets Jump on Inflation Data, Apple Hits $3T Valuation 6/30/23: On a busy final trading day of the month, quarter and half, Carl Quintanilla, David Faber and Sara Eisen explored the 2023 rally, led by the Nasdaq -- on track for its best first half in four decades, fueled by AI. What can investors expect in the second half? The Fed's favorite inflation gauge gave a lift to stocks on Friday: Core PCE cooled in May on a year-over-year basis. The anchors discussed Apple hitting a $3 trillion valuation at the open of trading. Also in focus: Nike shares fall on mixed quarterly results, the latest on merger deals in the FTC's crosshairs -- Microsoft-Activision and Amgen-Horizon Therapeutics. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

Triple Whammy: GDP, Hotter Inflation Gauge, Meta Spark Market Sell-off 4/25/24: Carl Quintanilla, Jim Cramer and David Faber covered all of the bases regarding Thursday's stock market sell-off, surge in yields and rate fears. The catalysts: Q1 GDP growth below consensus estimates, the Core PCE Price Index -- a key measure of inflation -- came in hotter than expected, Meta shares plunged on revenue guidance and plans to increase spending on AI. Also in focus: An earnings barrage including Thursday’s Dow laggards Caterpillar and IBM, the CEOs of ServiceNow and Southwest Airlines joined the program to discuss their companies' quarterly results and outlook. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

ADP Report Shows Labor Market Cooling, Adam Parker's Market Message, Commerce Sec. Exclusive 8/30/23: With major indices aiming for a fourth straight day of gains, Carl Quintanilla and David Faber discussed market reaction to key economic reports: ADP data show jobs growth cooled in Julywhile Q2 GDP and PCE inflation gauge were revised lower - fueling investor hopes that the Fed could stand pat on interest rates in September. Trivariate Research founder Adam Parker offered his take on the markets,including Nvidia's post-earnings stock moves and the AI trade. Also in focus: Commerce Secretary Gina Raimondo spoke exclusively to CNBC about her visit to China, Hurricane Idalia makes landfall in Florida, Apple's September 12 product event, HP Inc. and Ambarella shares tumble. Squawk on the Street Disclaimer by Squawk on the Street

44 min listen

Hot PPI, Retail Sales Miss, Mnuchin Talks Buying TikTok, Tesla Valuation Slides Below JPM 3/14/24: Carl Quintanilla, David Faber and Mike Santoli led off the show with market reaction to key February data ahead of next week’s Fed meeting: The Producer Price Index showed hotter-than-expected wholesale inflation, while retail sales missed economists' forecasts. The anchors also reacted to what former Treasury Secretary Steven Mnuchin told CNBC: He plans to form an investor group to buy TikTok. How low can Tesla go? This year's worst performer on the S&P 500 slipped below JPMorgan Chase in terms of market cap. Also in focus: Kevin Plank returns to Under Armour as CEO, retail earnings roundup, BofA lifts its price target on Nvidia, remembering former Time Warner CEO Gerald Levin. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

Big Banks' Earnings Beats, Exclusive With BlackRock CEO Larry Fink 7/14/23: Carl Quintanilla, Jim Cramer and David Faber began the show with big banks kicking off earnings season: JPMorgan Chase, Wells Fargo and Citigroup led the financial sector higher after posting better-than-expected second-quarter results. Should you buy the banks now? BlackRock Chairman & CEO Larry Fink joined the anchors at Post 9 for an exclusive interview. Hear what the head of the world's largest asset manager had to say about a jump in earnings and inflows, inflation and the economy, AI, the investment climate, crypto regulation and energy M&A. Also in focus: The S&P above 4500, UnitedHealth rises on earnings, AT&T shares extend their slump on a downgrade, the future for Disney. Squawk on the Street Disclaimer by Squawk on the Street

47 min listen

Discover this podcast and so much more

Tech-Led Market Rally, Whale Watching, More Job Cuts 2/15/24

Tech-Led Market Rally, Whale Watching, More Job Cuts 2/15/24

Description

Titles in the series (100)

More Episodes from Squawk on the Street

Related podcast episodes