Squawk on the Street
1,512 episodes - English - Latest episode: about 1 month ago - ★★★★ - 489 ratingsThe opening hour of CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.
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Episodes
Nvidia Surges and Forecasts AI Boom, Musk's California Engineering HQ, New Charges Against SBF 02/23/23
February 23, 2023 15:58 - 43 minutes - 40.2 MBCarl Quintanilla, Jim Cramer and David Faber highlighted Nvidia shares leading the tech sector rally. The chipmaker posted better-than-expected quarterly results and issued upbeat guidance as it ramps up its artificial intelligence strategy. What does it all mean for companies betting on AI? The anchors also reacted to Elon Musk's comments about Tesla's new engineering headquarters in California as he does business in both the "golden state" and Texas. Also in focus: Jim previews his i...
Cramer’s Morning Take: Interest Rates & Recession Resistance Stocks 02/22/23
February 22, 2023 16:12 - 1 minute - 1.82 MBCramer gives his thoughts on the current high interest rate environment and the resurgence of recession resistance stocks. 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
Morning After the Worst Day for Stocks in '23, Fed's Bullard Speaks, Intel Slashes Dividend 02/22/23
February 22, 2023 15:51 - 43 minutes - 39.9 MBCarl 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....
Cramer’s Morning Take: What’s Behind Market Weakness and a New Frightening Number 02/21/23
February 21, 2023 16:18 - 2 minutes - 2.08 MBJim Cramer discusses a major reason for the current market weakness and a recent number that is causing concern. 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
Markets Fall on Walmart and Home Depot Guidance, Rate Hike Fears 02/21/23
February 21, 2023 15:31 - 44 minutes - 40.8 MBCarl Quintanilla, Jim Cramer and David Faber kicked off the holiday-shortened week with a rough start for shares of Walmart and Home Depot, each falling on guidance that disappointed Wall Street and overshadowed some of their quarterly results. Worries about the path of Fed rate hikes also weighing on the markets. The anchors reacted to comments from Morgan Stanley Chief U.S. Equity Strategist Mike Wilson, who told CNBC we are in the midst of an earnings recession. Also in focus: Winner...
Markets and Rate Hike Fears, Deere Doubles Profits, DoorDash Delivers 2/17/23
February 17, 2023 15:52 - 43 minutes - 39.9 MBCarl Quintanilla, David Faber and Mike Santoli discussed market jitters as rising yields, hawkish Fedspeak and Thursday's hotter-than-expected wholesale inflation data spark worries about future interest rate increases. The anchors reacted to Goldman Sachs and Bank of America each expecting three additional hikes from the Fed before the end of 2023. On the earnings front: Deere doubled quarterly profits and raised guidance, while DoorDash beat on the top line -- helped by a jump in deliverie...
Manifest Space #30: Reaching New Heights with World View CEO Ryan Hartman 2/17/23
February 17, 2023 15:37 - 21 minutes - 19.7 MBAs unidentified objects flying over the United States continue to capture the nation’s attention, Morgan dives into the technology behind the stratospheric data-gathering devices with World View CEO Ryan Hartman. Known for their high-altitude balloons, Hartman and Morgan discuss the company’s capabilities, their potential use in the defense sector and the company’s plans to go public later this year.
PPI and Fedspeak Slam Stocks, Exclusive With Cisco CEO, Bitcoin Rally vs. Munger 2/16/23
February 16, 2023 15:35 - 42 minutes - 39.2 MBCarl 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 t...
Tesla's “Supercharged” Rally, Musk on Finding a New Twitter CEO, Airbnb Surges 2/15/23
February 15, 2023 15:47 - 42 minutes - 39.3 MBCarl Quintanilla, David Faber and Mike Santoli led off the show with Tesla extending its 2023rally -- the stock up more than 70% year-to-date. They reacted to news involving Elon Musk: The White House said he agreed to open thousands of Tesla charging stations to rival electric vehicles by the end of 2024 -- and Musk said that he hopes to hire someone to succeed him as TwitterCEO by the end of 2023. Former Fed Vice Chair Alan Blinder joined the program to discuss President Biden choosing Fed...
"Sticky" Inflation, Ford's Europe Job Cuts and EV Ramp-up, Marriott CEO on Earnings and Travel Demand 2/14/23
February 14, 2023 15:36 - 43 minutes - 39.6 MBWith inflation in the spotlight, Carl Quintanilla, David Faber and Mike Santoli explored what to make of the January Consumer Price Index cooling year-over-year for a seventh consecutive month, the six-month Treasury bill spiking above 5% and what it all means for the markets and the Fed. The anchors reacted to Goldman Sachs CEO David Solomon's comments to a Credit Suisse forum: He described inflation as"sticky." Marriott International CEO Tony Capuano joined the program to discuss the hotel...
Microsoft Back At $2T, Apple's 2023 Rally, Super Bowl Aftermath 2/13/23
February 13, 2023 15:37 - 43 minutes - 39.6 MBCarl 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 ...
Iger-Peltz Aftershocks, Lyft Plummets, Google's Rough Week 2/10/23
February 10, 2023 15:31 - 43 minutes - 40 MBCarl Quintanilla, Jim Cramer and David Faber explored what's next for Disney after Thursday's blockbuster show featuring Disney CEO Bob Iger and billionaire activist investor Nelson Peltz. The anchors also reacted to shares of Lyft plunging on the company's quarterly miss and weak guidance in wake of a pricing war with Uber. Also in focus: A rough week for shares of Google parent Alphabet as it battles Microsoft over artificial intelligence, PayPal's CEO announced he intends to retire at the...
Exclusive With Disney CEO Bob Iger, Nelson Peltz Says "The Proxy Fight Is Over" 2/9/23
February 09, 2023 15:37 - 55 minutes - 50.4 MBCarl Quintanilla, Jim Cramer and David Faber led off the show with Disney shares up sharply after the company announced a restructuring, including plans to cut about 7,000 jobs and $5.5 billion in costs. In an exclusive, David interviewed Disney CEO Bob Iger. They discussed Iger's transformation strategy and his return to the company as CEO, streaming subscriber losses and the proxy battle with activist investor Nelson Peltz. Following the Iger interview, Peltz called into the program and sa...
UK vs. Microsoft-Activision, Google's AI Pain, Exclusive With Yum! Brands CEO 2/8/23
February 08, 2023 15:54 - 43 minutes - 39.8 MBCarl Quintanilla and Jim Cramer led off the show with news from across the Atlantic: A UK antitrust watchdog said Microsoft's takeover of Activision would stifle competition and harm gamers. David Faber joined via phone with his perspective on the findings. Alphabet shares down sharply after Google's artificial intelligence event in Paris failed to ease concerns about competition from Microsoft's new AI-powered Bing search engine. Yum! Brands CEO David Gibbs joined the program exclusively to...
Manifest Space #29: Chinese Balloons & Spying from Space with York Space Systems Executive Chairman Charles Beames 2/8/23
February 08, 2023 14:51 - 34 minutes - 31.9 MBAs the Chinese balloon spectacle wages on, Morgan Brennan speaks with York Space Systems and SpiderOak chairman Charles Beames. As a former Pentagon senior executive, they dive into the surveillance implications of the balloon, the defense sector’s growing investment in space, where satellites fit into the broader picture…and the legacy of Microsoft co-founder Paul Allen.
Watching Powell, State of the Tax Union, Chatbot Wars: Microsoft vs. Google 2/7/23
February 07, 2023 15:49 - 43 minutes - 40 MBCarl Quintanilla and Jim Cramer discussed the markets anticipating Fed Chair Jerome Powell's remarks in Washington on Tuesday, as some Fed presidents are calling for much higher rates following Friday's blowout jobs report. Hear what Cramer is calling the "saving grace" of this economy.The anchors also looked ahead to Tuesday night's "State of the Union" address, with President Biden expected to call for a quadrupling of the new stock buyback tax. Also in focus: Microsoft and Google ramp up ...
New Market Week, Dell Layoffs and Tesla's 2023 Rally Rolls On 2/6/23
February 06, 2023 15:43 - 43 minutes - 39.5 MBCarl Quintanilla, Jim Cramer and David Faber led off the by discussing what's ahead for the markets, with the Nasdaq in the midst of a five-week win streak. The anchors reacted to a pair of Wall Street notes: Goldman Sachs raised its three-month S&P 500 price target on hopes of a soft landing, while Bank of America said recent earnings revisions are "better than feared." More tech layoffs: Dell announced plans to cut more than 6,600 jobs or 5% of its workforce. Also in focus: Tesla extended ...
Jobs Report Surprise, Plus Reaction to Apple, Amazon and Alphabet Earnings 2/3/23
February 03, 2023 15:30 - 45 minutes - 41.5 MBCarl 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 Fo...
Meta Soars, Bracing for More FAANG Earnings, Post-Fed Momentum 2/2/23
February 02, 2023 15:43 - 43 minutes - 39.5 MBCarl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Meta driving the big tech rally. Shares of Facebook's parent soared on a quarterly revenue beat, upbeat guidance, a $40 billion share buyback program and reducing capex estimates. The anchors reacted to Meta CEO Mark Zuckerberg stressing "efficiency" numerous times on the earnings call while making few mentions about the metaverse. Carl, Jim and David also set the stage for Thursday's after-the-bell earnings...
Squawk on the Street 2/1/23
February 01, 2023 16:33 - 42 minutes - 39 MBThe opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.
Manifest Space #28: The World’s Biggest Airplane with Stratolaunch CEO Zachary Krevor and Ursa Major CEO Joe Laurienti 1/31/23
January 31, 2023 19:38 - 9 minutes - 9.09 MBThe company behind one of the world’s largest airplanes is entering the hypersonic space. Morgan speaks with Stratolaunch CEO Zachary Krevor and Joe Laurient, CEO of company’s engine-supplier Ursa Major about their partnership, hypersonic testing and more at the Reagan Defense Forum.
Earnings Barrage, Exxon CEO Fires Back At the White House, Day One for the Fed 1/31/23
January 31, 2023 15:53 - 42 minutes - 39.3 MBOn the final trading day of January, Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's earnings releases from the likes of Caterpillar, McDonald's, Pfizer, Exxon Mobil, General Motors and UPS. The anchors also reacted to Exxon Mobil CEO Darren Woods blasting the Biden Administration's criticism of big oil companies' stock buybacks. He told CNBC, "The White House needs to get its facts straight." Also in focus: The Fed kicks off its two-day policy m...
Big Week for Earnings and the Fed, Tesla's January Surge, "Fly, Eagles, Fly" 1/30/23
January 30, 2023 15:32 - 42 minutes - 39.1 MBCarl Quintanilla, Jim Cramer and David Faber focused on a big week for the markets, as Wall Street gears up for everything from key policy decisions by the Fed and other central banks -- to a slew of earnings including results from tech giants Apple, Amazon, Alphabet and Meta. The anchors also discussed what to make of the early 2023 tech rally -- the Nasdaq up 11% and Tesla surging 45% year-to-date heading into Monday's trading session. Also in focus: Salesforce and the activists, EV price c...
Intel "Stumbles", Inflation Eases, AmEx Rallies and Chevron Posts Record Profit 1/27/23
January 27, 2023 15:45 - 42 minutes - 39 MBCarl Quintanilla and Jim Cramer focused on shares of Intel tumbling after the chipmaker posted fourth-quarter results that missed expectations -- and warned of a loss in Q1. The anchors reacted to CEO Pat Gelsinger's earnings call comment: "We realize that we stumbled." The Fed's preferred inflation measure -- Core PCE -- eased in December year-over-year, while consumer spending fell and personal income rose last month. With the consumer in mind, Carl and Jim discussed shares of American Expr...
Tesla Rallies, Q4 GDP at 2.9%, Southwest CEO on Q4 Loss and Holiday Travel Turmoil. 1/26/23
January 26, 2023 16:01 - 42 minutes - 39.4 MBOn a day full of earnings news, Carl Quintanilla and Jim Cramer led off the show with Tesla: Shares up sharply on record quarterly results and CEO Elon Musk's optimism about demand. Is the worst over for the stock? A CEO doubleheader: Southwest Airlines' Bob Jordan on everything from the carrier's fourth-quarter loss to its operational disruptions that resulted in a holiday travel meltdown -- and ServiceNow’s Bill McDermott on his company's earnings and the cloud. Also in focus: Economic grow...
Manifest Space #27: Coming to America with Rocket Lab CEO 1/26/23
January 26, 2023 14:58 - 24 minutes - 22.7 MBRocket Lab has made it to U.S. soil, successfully launching three Hawkeye 360 satellites from NASA’s Wallops Island. A first-of-its-kind mission for the startup, Morgan speaks with Rocket Lab CEO about the launch business, the latest in the space stock downturn and, of course, Venus.
Microsoft Slides on Cloud-y Outlook, Boeing CEO on Q4 Miss, DOJ Sues Google...Again 1/25/23
January 25, 2023 15:56 - 43 minutes - 39.8 MBCarl Quintanilla, Jim Cramer and David Faber led off the show with shares of Microsoft falling on news of the company's weaker-than-expected cloud business forecast. What's at stake for big players in the cloud including Amazon? Boeing CEO Dave Calhoun joined the program to discuss his company's Q4 results that missed Wall Street estimates. The anchors also reacted to the Justice Department and attorneys general in eight states suing Google on antitrust grounds, accusing the Alphabet unit ...
Industrials Report, NYSE Trading Issues, Raytheon CEO Greg Hayes 1/24/23
January 24, 2023 15:38 - 49 minutes - 45.4 MBCarl Quintanilla, Jim Cramer and David Faber began the show by discussing the quarterly results for industrial giants 3M and GE. 3M shares were under pressure in early trading after missing on earnings; separately, the company announced that it will cut 2,500 jobs. Other names out with reports included Johnson & Johnson, Lockheed Martin, and Union Pacific. After the opening bell, several stocks were halted on the New York Stock Exchange due to an apparent technical issue. Major names impacted...
Activist Attention, More Tech Layoffs, Semis Surge 1/23/23
January 23, 2023 15:21 - 43 minutes - 39.8 MBCarl Quintanilla, Jim Cramer and David Faber began the hour by breaking down the markets, with the Dow and S&P aiming to bounce back from their first weekly losses of 2023. Salesforce was one of the key names to watch in early trading, as the stock received a boost on news that Elliott Management has a multi-billion dollar stake in the company. Staying with the tech sector, the anchors then shifted their attention to Spotify, the latest company to announce layoffs, cutting 6% of its global wo...
Netflix Subs Beat Forecasts and Hastings Steps Down As Co-CEO, Alphabet to Cut 12,000 Jobs. 1/20/23
January 20, 2023 15:37 - 43 minutes - 39.8 MBCarl Quintanilla, Jim Cramer and David Faber led off the show with Netflix shares up sharply in reaction to larger-than-expected quarterly subscriber growth. The company also announced that founder Reed Hastings stepped down as Co-CEO and would stay on as executive chairman. COO Greg Peters succeeded Hastings as Co-CEO and is serving in that role alongside Ted Sarandos. What does it all mean for Netflix stock? The anchors also reacted to Alphabet becoming the latest tech giant to announce lay...
Markets Extend Losses, Dimon and Gorman in Davos, Low Tide for P&G, Bracing for Netflix Earnings 1/19/23
January 19, 2023 15:41 - 43 minutes - 40.2 MBCarl Quintanilla, Jim Cramer and David Faber discussed the markets extending Wednesday's losses amid investor concerns about growth. The anchors reacted to comments made to CNBC by two big bank CEOs at the World Economic Forum in Davos, Switzerland: JPMorgan Chase's Jamie Dimon said he expects interest rates to rise above 5%, while Morgan Stanley's James Gorman expressed his belief that inflation has "clearly" peaked. Procter & Gamble shares fall on quarterly results as the company faces head...
Big Tech Layoffs: Microsoft to Eliminate 10,000 Jobs 1/18/23
January 18, 2023 15:34 - 45 minutes - 42 MBCarl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the big story of the morning: Microsoft confirmed it plans to cut about 10,000 jobs or 5% of its workforce, joining the ranks of tech giants implementing layoffs. The company also said it is taking a $1.2 billion charge in fiscal Q2 related to severance costs and other changes. Also in focus: Wholesale inflation eases but retail sales fall in December, Nasdaq aims for an eight-session win streak, Goldman S...
Goldman Misses on Earnings, Morgan Stanley Beats, Disney Fires Back At Peltz 1/17/23
January 17, 2023 15:38 - 45 minutes - 41.8 MBJim Cramer and David Faber delved deeper into another set of big bank earnings, discussing what to make of Goldman Sachs posting weaker-than-expected quarterly results while Morgan Stanley beats on profits and revenue. Breaking news on the Disney-Nelson Peltz proxy fight: Disney strikes back at the activist investor, saying he "lacks the skills" to assist the company's board. Also in focus: China's economic growth slowed sharply in 2022 to 3% due to COVID lockdowns, Trial day for Elon Musk ...
Bank Earnings Parade, BlackRock CEO Larry Fink "First on CNBC" and Tesla Falls on Price Cuts 1/13/23
January 13, 2023 15:43 - 52 minutes - 48.3 MBJim Cramer and David Faber took an in-depth look into quarterly results from JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. It is time to buy the banks? BlackRock Chairman & CEO Larry Fink joined the program. In a wide-ranging interview, the head of the world's largest asset manager discussed his firm's earnings, long-term investing and the ESG backlash. Also in focus: Tesla shares fall sharply and drag the auto sector lower after the company slashed vehicle prices in the U.S....
Consumer Inflation Eases, Nelson Peltz "First on CNBC" on Disney Proxy fight 1/12/23
January 12, 2023 15:27 - 48 minutes - 44.2 MBCarl Quintanilla, Jim Cramer and David Faber focused on two big stories: Key inflation data showing the December Consumer Price Index down 0.1% from November levels and easing year-over-year for a sixth consecutive month -- and Trian nominates activist investor Nelson Peltz for a seat on Disney's board. Peltz joined the program to discuss his proxy fight against Disney and the changes he would like to see at the Magic Kingdom.
FAA System Outage Disrupts Airlines, Markets Brace for CPI, "Growth Purgatory" for Salesforce? 1/11/23
January 11, 2023 15:38 - 43 minutes - 39.5 MBCarl Quintanilla, Jim Cramer and David Faber focused on the airlines after the Federal Aviation Administration grounded flights nationwide due to a system outage. The FAA eventually allowed flights to resume but airlines experienced thousands of delays and hundreds of cancellations. The anchors also discussed inflation and the markets ahead of Thursday's CPI data -- and reacted to eye-opening takes on the market from Morgan Stanley CIO Mike Wilson and DoubleLine CEO Jeffrey Gundlach. Also in...
Powell Speaks, Coinbase Layoffs, Disney CEO's "Four Days" Message to Employees 1/10/23
January 10, 2023 15:48 - 43 minutes - 39.4 MBCarl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's comments from Fed Chair Jerome Powell. In remarks delivered to Sweden’s central bank, Powell said the Fed needs to remain independent from political influence while battling inflation -- adding that "Price stability is the bedrock of a healthy economy." The anchors also reacted to Coinbase announcing its second round of layoffs in less than a year, plus what the company's CEO Brian Armstrong told CN...
Markets Jump, Lulu Slumps, Jack Ma Cedes Control of Ant Group, Merck CEO "First on CNBC" 1/9/23
January 09, 2023 15:47 - 43 minutes - 39.8 MBCarl 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 phar...
Markets Jump on Jobs Report, Tesla Extends Stock Slump on Price Cuts in China 1/6/23
January 06, 2023 15:44 - 42 minutes - 39.3 MBCarl Quintanilla and Jim Cramer discussed stocks jumping on the better-than-expected December employment report: Non-farm payrolls up 223,000, the unemployment rate fell to 3.5% and wage growth slowed. Labor Secretary Marty Walsh joined the program with White House reaction to the numbers. Tesla shares extended losses after the automaker slashed prices in China for the second time in less than three months. Also in focus: Costco leading the gains in consumer stocks, upgrades and downgrades, t...
Amazon Cutting 18,000 jobs, “Fedspeak “and 5% Rates, Tesla's China Slide, Silvergate Plunges on FTX Effect 1/5/23
January 05, 2023 16:04 - 42 minutes - 39.3 MBCarl Quintanilla and Jim Cramer led off the show with a wide-ranging discussion about Amazon's plans to cut 18,000 jobs and how many more layoffs we might see in the tech sector. Wednesday night on CNBC, Jim urged Amazon to reduce headcount shortly before CEO Andy Jassy issued a memo to employees about the cuts. The anchors also reacted to comments from Kansas City Fed President Esther George, who told CNBC she sees interest rates above five percent until inflation is under control. Also in...
Manifest Space #26: Satellite Connectivity & Co-opetition with SES CEO Steve Collar 1/5/23
January 05, 2023 15:00 - 21 minutes - 19.6 MBAs satellite operators send more spacecraft to orbit to connect their broadband services globally, Morgan breaks down the business case for internet constellations with SES CEO Steve Collar. Following the deployment of the first payloads for its O3b mPOWER constellation, they discuss surging satellite demand, the company’s partnership with SpaceX and a potential merger between SES and Eutelsat.
Tech in Focus: Salesforce Job Cuts, Microsoft Downgraded, Apple and Tesla's Rough Start to 2023 1/4/23
January 04, 2023 15:43 - 42 minutes - 39.4 MBCarl Quintanilla and Jim Cramer took a deep dive into tech: Salesforce plans to cut about 10% of its workforce. The anchors weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day after Apple closed trading with a valuation below $2 trillion for the first time since 2021 -- and Tesla shares tumbled, experienc...
Cramer's Playbook for 2023, Tesla Deliveries Miss 2022 Target, Blackstone Pres. Jon Gray on $4B Investment 1/3/23
January 03, 2023 15:34 - 45 minutes - 41.9 MBOn the first trading day of the new year, Jim Cramer and David Faber explored what's ahead for stocks after the worst year for the markets since 2008. Jim outlines his investment playbook for 2023. The anchors also discussed the continuing slump in Tesla shares after the company missed its deliveries target for 2022. Cramer explains why he believes this is the year Ford and General Motors are "coming for Tesla." Blackstone President & COO Jon Gray joined the program to discuss the $4 billion ...
Last Trading Day of 2022 12/30/22
December 30, 2022 15:42 - 43 minutes - 39.8 MBMorgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6% - 10% in 2023. The anchors then shifted to the latest around Southwest Airlines, as the company...
Musk’s Message, Covid Concerns, Honing in on Housing 12/29/22
December 29, 2022 15:25 - 42 minutes - 39.2 MBMorgan Brennan, Scott Wapner and Mike Santoli began the hour with Tesla, trying to build on yesterday’s gains after snapping a 7-day losing streak. CEO Elon Musk sent a note to employees telling them “don’t be too bothered by stock market craziness.” After that, the anchors then discussed the broader markets will the major indices trying to rally a day after the Nasdaq touched its lowest level in more than 2 years, following rising Covid concerns out of China. Also in the mix: CNBC’s senior r...
Manifest Space #25: Launching into 2023 with United Launch Alliance CEO Tory Bruno 12/29/22
December 29, 2022 15:02 - 24 minutes - 22.9 MB2022 was a massive year for space, from a series of NASA milestones to the rise of mega-constellations. So why did publicly-traded space stocks crash this year, even as launch demand rises? Morgan sat down with United Launch Alliance CEO Tory Bruno to discuss the launch market, the company’s heavy-lift Vulcan rocket, and the outlook for the next year.
Southwest Woes Continue, AMC CEO’s Salary Freeze, Tesla Turnaround? 12/28/22
December 28, 2022 15:26 - 43 minutes - 40.1 MBMorgan Brennan, Scott Wapner and Mike Santoli started the hour by breaking down the ongoing volatility around Tesla. Baird reiterated its “outperform” rating on the stock this morning, but lowered its price target to $252 from $316, the second price cut for Tesla in under a week. The anchors then shifted to the latest troubles for Southwest, as the stock continued to drop amid more flight cancellations. CEO Bob Jordan posted a video a last night, apologizing to his customers for the ongoing t...
China to Reopen, Cancellation Chaos, Tesla’s Turbulence 12/27/22
December 27, 2022 17:08 - 43 minutes - 40.1 MBMorgan Brennan, Scott Wapner and Bob Pisani began the hour by breaking down the market action for the last trading week of 2022 as stocks tried to rally on news that China would drop quarantine requirements for international arrivals starting in January. Staying with travel, the anchors then shifted to discuss a chaotic weekend of holiday travel. Southwest Airlines canceled another 2,500 flights Tuesday and warned that mass disruptions will continue throughout the week, drawing scrutiny from ...
Musk Says He'll Pause Tesla Share Sales, Inflation and Market Volatility, SBF Released on $250M Bond 12/23/22
December 23, 2022 17:05 - 43 minutes - 39.7 MBOn the final trading day before Christmas, Carl Quintanilla and Jim Cramer discussed Elon Musk's promise to pause selling more shares of Tesla -- but that news didn't stop the stock from continuing its slump. How low can it go? On the crypto front: FTX founder Sam Bankman-Fried under house arrest after being released on $250 million bond, as he awaits trial on criminal charges related to the collapse of his crypto exchange. Also in focus: Market volatility, An inflation gauge closely watched ...
Bankman-Fried Extradited to U.S., Tepper's "Leaning Short,” Micron’s Miss Pressures Chip Sector 12/22/22
December 22, 2022 16:00 - 43 minutes - 39.6 MBCarl Quintanilla, Jim Cramer and David Faber reacted to Sam Bankman-Fried's return to U.S. soil after being extradited from the Bahamas. The founder of FTX set to be arraigned in federal court as he faces criminal fraud charges related to the collapse of his crypto exchange. The anchors also discussed comments from billionaire investor David Tepper after he told CNBC he is "leaning short" on equities. Also in focus: Micron dragging semiconductor stocks lower after quarterly results missed ...