Post-Selloff Markets, Steve Cohen on AI, Pivotal Day for Disney 4/3/24

Q2 Beats for BofA and Morgan Stanley, Dow Aims for 7-Day Win Streak, June Retail Sales Miss 7/18/23: Carl Quintanilla, Jim Cramer and David Faber explored market reaction to bank earnings, led by better-than-expected second-quarter results from Bank of America and Morgan Stanley. All of this coming one day after the Dow extended its daily win streak to six -- and both the S&P 500 and Nasdaq rose to levels not seen since April 2022. Also in focus: June retail sales growth missed economists' forecasts, Shares of AT&T and Verizon try to end major losing streaks, Wall Street calls and the “Magnificent 7," media stocks’ moves in light of the labor strikes in Hollywood. Squawk on the Street Disclaimer by Squawk on the Street

44 min listen

Nvidia's Blowout Quarter, S&P 500 Record High, EV Pain, Mondelez CEO 2/22/24: Carl Quintanilla and Jim Cramer engaged in wide-ranging discussions about Nvidia's Q4 results and guidance handily topping analysts' forecasts thanks to the AI boom. The stock hit a fresh all-time high, sparking a Nasdaq rally and a new intraday record high for the S&P 500. Hear what Jim had to say about Nvidia CEO Jensen Huang versus Tesla CEO Elon Musk. Also in focus: EV makers Rivian and Lucid tumble, the 'Magnificent 7," Fed minutes follow-up, the DOJ names a new AI chief, Mondelez CEO Dirk Van de Put joined the program to discuss food inflation, the consumer and President Biden's attack on "shrinkflation." Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

AI Boosts Nvidia's Blowout Quarter, Powell One Day Away, T-Mobile US To Cut 5,000 Jobs. 8/24/23: Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about Nvidia: Shares surged to a record high on the company's blowout quarter and raised guidance due strong demand for AI chips. The future for interest rates also in the spotlight, as investors brace for Fed Chair Jerome Powell's Jackson Hole speech on Friday. Also in focus: T-Mobile US plans to lay off 5,000 employees, supplier defect weighs on Boeing, Dollar Tree's turn to experience retail pain, Snowflake's earnings beat. Squawk on the Street Disclaimer by Squawk on the Street

44 min listen

Stocks Slump on Fitch U.S. Downgrade and ADP Jobs Report, AMD CEO on Earnings and AI 8/2/23: Carl Quintanilla and Jim Cramer led off the show with a look at markets under pressure after Fitch downgraded the U.S. government credit rating from AAA to AA+. Was the cut justified? Fed rate hike fears also weighed on investor sentiment: ADP reported a much bigger-than-expected surge in private sector job creation for July. On the earnings front, AMD CEO Lisa Su ‘joined the program to discuss the chipmaker's Q2 beat and AI strategy. The anchors reacted to quarterly results from the likes of Starbucks, DuPont and CVS Health. Also in focus: Tupperware's meme stock rally gives back some gains, Ford July U.S. auto sales, Apple ahead of Thursday's after-the-bell earnings, studios and striking Hollywood writers to restart talks. Squawk on the Street Disclaimer by Squawk on the Street

43 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

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

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

43 min listen

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

6-26-2023 – England Is Heading Towards a Mortgage 'Catastrophe'-- Could This Happen in the U.S.? by InvestTalk

46 min listen

Apple Hits Record High Ahead of WWDC, Market Momentum vs. Bears, Saudis to Cut Oil Output Again 6/5/23: Carl Quintanilla, Jim Cramer and David Faber focused on a big day for Apple: The stock hit a fresh record intraday high just hours ahead of the company's Worldwide Developers Conference. Apple is expected to unveil its new mixed-reality headset, which would set up a battle with Meta. The anchors also explored what's next for the markets after Friday's jobs report-fueled rally. Is an increase in bearish sentiment a sign of things to come? Cramer discussed how to play the retail sector as the consumer is "decelerating." Also in focus: Saudi Arabia's additional crude oil output cuts, the strategist who sees a $2 trillion market cap in Nvidia's future, Jerome Powell goes from Fed head to "Deadhead." Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

Nvidia’s Blowout Quarter, Fitch’s Warning, Exclusive: Toll Brothers CEO 5/25/23: Carl Quintanilla and Jim Cramer began the show by breaking down Nvidia’s stellar quarter getting a big boost from AI chip demand. The company easily topped earnings estimates and posted a shocking strong forward outlook, with CEO Jensen Huang saying the company was going to have a “giant record year.” The anchors also turned to the broader markets as Fitch put the United States’ AAA long-term foreign-currency issuer default rating on negative watch, pointing to brinksmanship over the debt ceiling. Shares of Toll Brothers rallied after RBC upgraded the stock to “outperform”; Toll Brothers CEO Doug Yearley joined the show exclusively to discuss housing prices and the company’s latest quarter. Squawk on the Street Disclaimer by Squawk on the Street

44 min listen

Fed Rally Fuels Dow 37K, Apple's Record High, Southwest Airlines CEO Exclusive 12/14/23: Carl Quintanilla, Jim Cramer and David Faber focused on the extended Fed-fueled rally in stocks, one day after the central bank announced its pivot toward potential rate cuts in 2024. The Dow coming off its first-ever close above 37,000. Apple hits a fresh record high. Cramer highlighted certain stocks to emphasize what he said the rally is all about. Also on the program: November retail sales upside surprise, Southwest CEO Bob Jordan at Post 9 on holiday travel and the airline's 2024 outlook, Moderna surges, Adobe slides, Tesla and its dancing robots. Squawk on the Street Disclaimer by Squawk on the Street

43 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

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

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

Target Surges, Disney and Activism, Markets Extend Post-CPI Rally 11/15/23: Carl Quintanilla, Jim Cramer and David Faber kicked off the show with Wednesday's biggest gainer on the S&P 500:Shares of Target surged as a Q3 earnings beat and holiday quarter guidance overshadowed a sales decline. David reported that according to sources, activist investor ValueAct has taken a stake in Disney. The anchors also discussed the big post-CPI rally extending its gains, as the Producer Price Indexfell in October from the previous month. Also in focus: Biden-Xi meeting day, “Magnificent 7” moves, October retail sales decline, TJX among the earnings winners, a setback for the UAW-GM labor agreement. 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

Dow and Nasdaq Seek "9" Lives, December's High-Fliers, End of An Era for eBay 12/19/23: Carl Quintanilla, Jim Cramer and David Faber focused on the December rally and a fresh record high for the Dow. Both the blue-chip index and the Nasdaq are aiming for a ninth consecutive day of gains. The anchors discussed what to make of a number of stocks that are surging this month: FOMO? Also in focus: eBay’s removal from the Nasdaq 100 and a flashback to David's 2005 CNBC documentary about the company, Nike and "playing with fire," cybersecurity watch and Palo Alto Networks' red-hot stock. Squawk on the Street Disclaimer by Squawk on the Street

44 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

U.S. to Nvidia and AMD: Halt Top AI Chip Sales to China, Tech Leads More Selling, and An Exclusive With Campbell Soup's CEO. 9/1/22: After a rough August for stocks, Carl Quintanilla, Jim Cramer and David Faber explored where investors should put their money in September, with the major indices in the midst of a four-session losing streak on interest rate fears. Chip stocks under pressure after Nvidia and AMD said the U.S. imposed new licensing rules -- and told them to stop exporting and selling their top artificial intelligence chips to China. Campbell Soup shares down sharply in reaction to the company's quarterly results and guidance. CEO Mark Clouse joined the show exclusively to discuss earnings, inflation, pricing power and the supply chain. Also in focus: What's pressuring the biggest losers in the tech sector, crude oil slides, and U.K regulators scrutinize the Microsoft-Activision deal. by Squawk on the Street

44 min listen

Markets' 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

Retail Sales Surge, China's Surprise Rate Cut, Fitch Warns On Banks 8/15/23: Carl Quintanilla, David Faber and Jim Cramer discussed stocks under pressure after China's central bank announced a surprise rate cut, in wake of disappointing economic data in that country. Jim explained why investors should focus on the "good ole USA" instead of China's economy. Fed rate fears also weighed on the markets after government retail sales data for July beat expectations. Home Depot's quarterly results also exceeded consensus estimates. Also in focus: Fitch told CNBC it may be forced to downgrade banks, Warren Buffett's Berkshire Hathaway bets on homebuilders, the Nvidia rally, a provocative Financial Times headline about Cramer. Squawk on the Street Disclaimer by Squawk on the Street

43 min listen

BofA and Goldman Sachs Beat, Retail Sales Surge, Chips Slump, Starboard's Jeff Smith on News Corp. 10/17/23: David Faber, Sara Eisen and Mike Santoli explored what to make of Q3 earnings beats from Bank of America and Goldman Sachs. The anchors discussed stocks falling and yields rising after September retail sales data more than doubled expectations. Nvidia and other semiconductor stocks also under pressure, after the Biden Administration announced it is tightening curbs on AI chip exports to China. At the 13D Monitor Active-Passive Investor Summit, David interviewed Starboard Value CEO Jeff Smith about the hedge fund's call for News Corp to unlock shareholder value via spinoffs. Also in focus: President Biden set to visit Israel amid its war with Hamas. by Squawk on the Street

44 min listen

Stocks Hit Record Highs on Jobs Report, Nvidia and the "Green" Chips, Apple's Unlucky Seven. 3/8/24: Carl Quintanilla, Jim Cramer and David Faber discussed the S&P 500 and Nasdaq rising to fresh all-time highs following the release of the government's February employment report. What does it all mean for the Fed? The anchors explored the big moves in tech: Nvidia leading the chip sector's record run and narrowing the valuation gap with Apple -- which entered Friday's trading session with a seven-day losing streak. Also in focus: A bullish call on GE, Lilly's obesity drug rally takes a detour, a tale of two retailers, Broadcom vs. Marvell, TikTok ban talk, "State of the Union" speech reaction. Squawk on the Street Disclaimer 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

Apple Loses Its Crown, Disney "Minus", Beyond Meat Beatdown, The Coinbase-Bitcoin Blues, and Market Bright Spots 5/12/22: With the Dow in the midst of a five-day losing streak, Carl Quintanilla and Jim Cramer focused on market volatility and pressure, especially on the tech sector as Apple loses the title of "world's most valuable company" to Saudi Aramco. Where can you find value in this market? Also, Disney shares fall after the company posts an earnings miss despite bigger-than-expected streaming subscriber growth for Disney+. Cramer sounds off about Wall Street's reaction to Disney's earnings call. The anchors also weighed in on Beyond Meat's weaker-than-expected quarterly results, sending the stock below its 2019 IPO price. Also in focus: Producer price inflation at 11%, Coinbase and bitcoin extend losses, double downgrades for Ford and GM, plus what's driving gains among names in the retail sector. by Squawk on the Street

43 min listen

Markets Rebound, Fed Tug-of-War, Cathie Wood's Recession View and Bitcoin Back Above $20K 9/27/22: The morning after the Dow slumped into bear market territory, Carl Quintanilla, Jim Cramer and David Faber discussed the markets looking to snap a five-session losing streak -- this as some Fed policymakers don't see eye-to-eye on how aggressively to hike rates. Cramer outlined what it would take for the bulls to feel comfortable in this environment. The anchors reacted to Ark Invest CEO Cathie Wood telling CNBC "We believe we are in recession." Also in focus: Bitcoin rises back above $20,000, the tech IPO drought, lots of electric vehicle news, Biogen's $900 million settlement and Hurricane Ian's impact on "big oil" production. by Squawk on the Street

43 min listen

Morning After the Worst Day for Stocks in '23, Fed's Bullard Speaks, Intel Slashes Dividend 02/22/23: Carl Quintanilla, Jim Cramer and David Faber engaged in wide-ranging discussions about what's next for the markets after Tuesday's sell-off, which resulted in the worst day for stocks so far this year. Cramer outlined six things that must happen before he can declare an end to the sell-off. The anchors also reacted to pre-market comments that St. Louis Federal Reserve President James Bullard made to CNBC about rate hikes, inflation and the markets overpricing the chances of a recession. Also in focus: Intel slashes its quarterly dividend by 66%, Baidu doubles profits and ramps up its AI bot strategy, Regulators in Beijing reportedly told Chinese tech giants not to offer ChatGPT services, Palo Alto Networks surges on earnings, plus what to expect from Nvidia's quarterly results after the close of Wednesday's trading. by Squawk on the Street

44 min listen

Market Momentum, House TikTok Vote, Dimon Backs Iger, Downgrade Call: "Sell" Tesla 3/13/24: With the S&P 500 coming off a new all-time closing high, Carl Quintanilla, David Faber and Mike Santoli discussed the momentum fueling the markets' record run. How concerned should investors be about unwind risk? The anchors also explored the potential ramifications of Wednesday's House of Representatives vote on legislation that could ban TikTok in the U.S. David reports that Jamie Dimon is backing Bob Iger in Disney's proxy battle against Nelson Peltz's Trian Partners. Also in focus: Wells Fargo downgrades Tesla to "Underweight" -- the equivalent of a "Sell" rating, Citadel’s Ken Griffin on Nvidia, bitcoin's fresh record high, the Eli Lilly-Amazon connection. Squawk on the Street Disclaimer by Squawk on the Street

42 min listen

Market Overview: Stocks Sell Off To 1-Month Lows by Schwab Network

7 min listen

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Post-Selloff Markets, Steve Cohen on AI, Pivotal Day for Disney 4/3/24

Post-Selloff Markets, Steve Cohen on AI, Pivotal Day for Disney 4/3/24

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