Squawk on the Street

Nvidia front and center ahead of results after the bell: Carl Quintanilla, Sara Eisen, and David Faber discussed what to expect tonight with Wedbush’s Dan Ives – and broke down the key reports of the morning when it comes to the consumer… In addition to extra color from the CEO of Abercrombie & Fitch, as shares surge on record Q1 sales from the name. Plus: Could President Trump’s policies dent the dollar’s dominance? Former Goldman Asset Management Chairman Jim O’Neill arguing yes – hear his defense, this hour… Along with Jefferies’ top picks within one sector they say could be a major winner in the AI revolution, and a deep-dive on Trump’s promises to take Fannie Mae and Freddie Mac public. Also in focus: A live read from the ground at Bitcoin 2025; Why Loop Capital says tariffs could be a good thing for Apple; and Family offices get bullish – the details. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about what to expect from Nvidia when the chip giant reports quarterly results after Wednesday's close of trading. What's at stake for the AI trade? Rates also in the spotlight: New data showmortgage rates hitting highs not seen since January -- and President Trump elaborates on his push to take Fannie Mae and Freddie Mac public. The anchors reacted to FHFA director Bill Pulte's blunt call for Fed Chair Jerome Powell and his fellow policymakers to cut interest rates. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer explains why this software stock’s acquisition is ‘bold’. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks gaining as President Trump delays the deadline for a new 50% tariff on EU goods – Carl Quintanilla, Sara Eisen, and David Faber kicked off the hour discussing market implications of the move with Interactive Broker’s Chief Strategist, who also brought some fresh data on the most traded stocks on the platform. Plus: How investors and companies should be navigating the fast-changing developments out of Washington with a panel of trade experts… And more on what to watch when it comes to Nvidia earnings - with one analyst forecasting huge gains ahead. Also in focus: A deep-dive on one sector falling behind in the AI Arms Race… A look at this weekend’s record-breaking box office… And more on Musk’s promise to get back to work that’s boosting Tesla shares. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber kicked off the holiday-shortened trading week with stocks in rally mode, after President Trump delayed his threat of 50-percent tariffs on the EU until July. Lots of news surrounding Elon Musk -- from data showing Tesla EV salesin Europe tumbled 49-percent in April, to Musk's X post stating he will be "super focused" on the companies he controls. Also in focus: Salesforce ramps up its bet on AI by acquiring Informatica in an $8 billion deal, Trump effect on Apple, Nvidia leads this week's earnings calendar. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Trump taking aim at the EU and Apple this morning on the tariffs front: Carl Quintanilla, Sara Eisen, and David Faber broke down what he said - and what it means for European stocks, yields, and Apple shares – as the company’s market cap tumbles below $3T. Plus: Apollo Chief Economist Torsten Slok joined the team at Post 9 with his take on where things go from here… In addition to his new call that we’re coming off an “AI Bubble” in tech valuations. Also in focus: Nuclear stocks popping higher on hopes around a new executive order – the details; who made the list – and who didn’t – when it comes to President Trump’s exclusive memecoin dinner overnight; and the CEO of Autodesk with his read on how software demand’s holding up. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored stock markets taking a hit on both sides of the Atlantic, after President Trump threatened both the European Union and Apple with fresh tariffs. Cramer suggested how Apple CEO Tim Cook should respond to the president. Jim also offered his take on buying the dip in this market. Also in focus: Trump's memecoin gala, Disney's rally and holiday box office countdown, rough day for Deckers Outdoor and Ross Stores. what Elon Musk told David about Tesla's Optimus robots. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fresh news top of the hour: OpenAI and the United Arab Emirates announcing “Stargate UAE” – a massive new data center in the Middle East in partnership with companies like Oracle, Nvidia, and more. OpenAI CFO Sarah Friar joined the team to discuss in a wide-ranging interview also covering the company’s future device plans… and possible competition with Apple. On the broader markets front: stocks trying to rebound after a big sell-off tied to bonds. The team broke down whether the pressure continues with one T. Rowe Price CIO – and the CEO of Authentic Brands brought his read on how the consumer’s holding up, fresh off a deal to buy Dockers from Levi Strauss. Plus: the IPO market showing signs of life… Hear from the CEO of MNTN this hour - ahead of their first trade – along with Carlyle’s Jeff Currie, breaking down this move lower in oil and where prices go from here. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim and Jeff discuss this healthcare stock. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to the House passing President Trump's big tax and spending cuts bill: The 30-year bond yield rose above 5.1-percent and solar stocks plunged. New data from across the Atlantic show China's BYD sold more fully electric vehicles in Europe than Tesla last month for the first time. Also in focus: a fresh record high for Bitcoin, OpenAI buys former Apple executive Jony Ive's AI startup, Snowflake surges, Faber reacts to the Indiana Pacers' stunning comeback victory over the New York Knicks in the NBA Playoffs.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tesla a focus today after David’s wide-ranging and rare interview with CEO Elon Musk: Carl Quintanilla, Morgan Brennan, and David Faber broke down key takeaways from the tape – from Robotaxis to Chinese competition – along with Musk’s vision for the future. Plus: the Co-CEO of Waymo’s reaction to Musk’s claims Tesla’s tech is safer… and more with one analyst who’s arguing Waymo should be spun-off - along with Alphabet’s other ancillary businesses - to unlock more shareholder value here. On the broader markets front: a few key movers – Target, Coreweave, United Health, and more… The team discussed what’s driving the moves – in addition to fresh consumer color from executives at Toll Brothers, and the latest out of Washington when it comes to President Trump’s “Big Beautiful Bill”. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored tocks falling and yields spiking in light of the Capitol Hill standoff surrounding President Trump's tax and spending cuts bill. Hear Cramer's take on the proposed legislation. David broke out highlights from his blockbuster interview with Elon Musk, including the Tesla CEO's comments on robotaxis. TJX and Lowe's joined the retail earnings parade along with Target, which saw shares slide on disappointing results and guidance -- the CEO's message on pricing and tariffs in the mix as well . Also in focus: UnitedHealth responds to a report which states the company is the subject of a Medicare fraud probe. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

CNBC’s David Faber sits down at Tesla HQ with CEO Elon Musk for a wide ranging conversation on self-driving, semiconductors, China, and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Sara Eisen, and Michael Santoli broke down the latest for stocks amid a slew of headlines out of Washington and Big Tech. President Trump speaking to House Republicans this morning to garner support for his “Big Beautiful Bill” – with particularly strong words around Medicare… More with one policy analyst warning: strap in for a bumpy ride. Plus: the implications for stocks with Stifel’s Chief Equity Strategist - who’s forecasting a lower S&P by year-end. Meanwhile, Tesla shares gaining after new comments from CEO Elon Musk around political donations. The team broke it all down – in addition to headlines out of 2 other Mag-7 names: Google, kicking off their annual developers conference, and reports Amazon is might launch a “foldable phone”… In addition to fresh consumer commentary: from Home Depot’s promise not to raise prices to what Sara’s hearing on the ground at CNBC’s CEO Council Summit. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the S&P 500 in the midst of a six-session win streak, Carl Quintanilla and Jim Cramer reacted to what President Trump said on Capitol Hill ahead of his meeting with House Republicans, as he seeks to get holdouts on board with his tax and spending cuts legislation. Home Depot posted mixed quarterly results, reaffirmed sales guidance and said it isn't planning price hikes to offset tariffs. The anchors discussed all things Tesla ahead of David Faber's big Tuesday interview with Elon Musk. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer explains why he favors this financial stock. 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/morningtakeCNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Moody’s downgrade of the United States’ credit rating front and center this morning: Carl Quintanilla, Courtney Reagan, and David Faber kicked off the hour with fresh data – and discussed the move with Fundstrat’s Tom Lee, who remains bullish on U.S. equities here. Plus, more on the growing battle between Walmart and President Trump over possible tariff-related price hikes, along with fresh comments out of the White House on tariffs and China. Also a number of individual stories to get to: Coinbase the first crypto stock to make it into the S&P 500 – what it means for shareholders and the index; A deep dive on Nvidia – amid a rise in “Jensanity”; The key headlines so far out of JPMorgan’s investor day in NYC; and more from Washington, including the murky road ahead for President Trump’s “One Big, Beautiful Bill”. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored the market impact of Moody’s decision to cut the U.S.’ credit rating to below AAA. The 30-year yield jumped above 5% on news of the downgrade. The anchors reacted to President Trump’s social media post telling Walmart to “eat the tariffs” instead of hiking prices. Also in focus: Nvidia CEO Jensen Huang’s AI announcements at a conference in Taiwan, Apple’s AI challenges, Blackstone’s energy deal, JPMorgan Chase and the Jamie Dimon succession watch, Netflix downgraded. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer breaks down why he ‘likes’ this pharmaceutical stock. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Sara Eisen, and David Faber discussed the latest for stocks as they try to hold onto gains – and consumer concerns grow. The latest read on sentiment coming in at the top of the hour: falling to its 2nd-lowest reading on record… but consumer earnings commentary telling a different story. The team broke it all down with JPMorgan Asset Management’s Chief Global Strategist. Plus: how to play the homebuilders with one guest who says they’re still a buy here – and more on the outlook for energy as President Trump says the U.S. is “very close” to a nuclear deal with Iran. Also in focus: the road ahead for Novo after its surprise CEO resignation; deal details on this possible Charter-Cox merger; Berkshire’s biggest moves according to a new 13F filing; and the big win for wealth taxpayers hidden in the GOP’s “big beautiful bill”. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber kicked off the hour by discussing the S&P aiming for its 5th straight day of gains, with megacap tech stocks leading the charge. Nvidia and Tesla shares were up double digits since Monday. Faber also broke down the deal of the day, as Charter announced it would acquire Cox Communications to create one of the largest cable companies in the U.S. Also in the mix: Novo Nordisk announced that CEO Lars Jorgensen would be stepping down from his role, citing recent market challenges. Shares of Novo Nordisk were down more than 50% over the last full-year of trading. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer explains why this networking company’s CEO is doing a ‘terrific job’. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Sara Eisen, and David Faber broke down the latest data from the AM (Retail Sales, PPI, and more) along with this move higher in yields. Former Fed Governor Frederic Mishkin arguing the Fed is “appropriately” on hold here – and the deficit remains a huge issue… While the CFO of Walmart brought his read from the ground when it comes to the consumer – and possible price hikes ahead. Plus: key break-outs of the stocks to watch here. United Health shares plunging on reports it’s the subject of a new DOJ probe – why Mizuho thinks it could get removed from the Dow… Coreweave shares falling on fears over their Cap-Ex plans but Melius Research argues the stock is still a buy… And a breakdown of the deal sending Foot Locker shares surging in what could be their best daily performance ever. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to Walmart's Q1 results -- and the company's CFO telling CNBC that the retail giant could raise prices later this month due to tariffs. Cisco CEO Chuck Robbins and CoreWeave CEO Michael Intrator joined the anchors at Post 9 to discuss their companies' respective quarterly results and the AI landscape. UnitedHealth shares slide again -- this time on a report stating the health insurer is under criminal investigation for Medicare fraud. Also in focus: Foot Locker soars on its deal with Dick's Sporting Goods, a surprise drop in PPI, President Trump's "little problem" with Apple CEO Tim Cook. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer discusses why the Club is trimming its stake in its largest financial holding. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chip stocks are taking the lead as big tech names like Nvidia and AMD gain – Carl Quintanilla, Michael Santoli, and David Faber broke down the possible return of the AI trade to kick off the hour, along with Goldman’s decision to cut their recession odds to 35%... The firm’s Chief U.S. Economist joined Post 9 to defend the call. Plus: growing worries over a possible onslaught of container ships amid the 90-day tariff pause with China, but the head of the Port of LA says they’re not seeing it yet – bringing the team his latest read from the ground. D.C. headlines also continue to dominate – hear why the CEO of Coinbase is bullish when it comes to positive regulation ahead… Plus, new comments from President Trump when it comes to Boeing - amid a number of reports out of the airlines, and the FAA meets to possibly cut more flights out of Newark. Also in focus: Warner Brothers’ pivot back to “HBO Max”; what to expect out of Coreweave results tonight; the latest on eToro, going public today; and a breakdown of the retail movers to watch here. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed what to make of the S&P 500 and Nasdaq 100 entering positive territory year-to-date. The anchors explored the return of the AI trade, led by Nvidia's resurgence: The chip giant has rejoined the $3 trillion valuation club. AMD shares up sharply after the company announced its $6 billion share buyback program. Also in focus: The only Magnificent 7 stock in the red since President Trump's April 2 tariff announcement, Robinhood rival eToro prices its IPO above the expected range. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer explains why the Club is trimming some of this restaurant chain’s stock. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Consumer prices coming in better-than-expected for the month of April: Carl Quintanilla, David Faber, and Michael Santoli broke down the numbers and what they mean for the Fed’s rate path here… Former Fed Governor Randy Kroszner saying he still expects 2-3 cuts by year-end while CFRA’s Chief Investment Strategist forecasts more gains ahead for the S&P - as the index turns positive on the year. Plus: more on key movers of the day from Honda to United Healthcare. Also in focus: the street’s biggest CEOs, regulators, and President Trump headed to Riyadh, Saudi Arabia for a star-studded Saudi-US Investment forum… Hear Elon Musk’s live remarks this hour – and Nvidia CEO Jensen Huang’s potential clue towards future policy when it comes to the chips. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After Monday's big market rally fueled by the U.S.-China deal to temporarily slash tariffs, Carl Quintanilla, Jim Cramer and David Faber led offthe show with market reaction to the April Consumer Price Index and what it says about inflation. The anchors also discussed President Trump's trip to Saudi Arabia, where he greeted prominent CEOs including Jensen Huang and Elon Musk. Also in focus: UnitedHealth drags the Dow lowerafter the health insurer suspended its 2025 guidance and announced its CEO stepped down, Coinbase to join the S&P 500, Phillips 66-Elliott proxy fight. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks rallying across the board as the U.S. and China agree to slash reciprocal tariffs for 90 days – Carl Quintanilla, David Faber, and Leslie Picker broke down the latest, in addition to President Trump’s new Executive Order aimed at lowering drug prices (signed within the hour). Longtime market vet & Evercore Founder Roger Altman calling the China progress “encouraging” - while one former U.S. Trade rep for China Affairs argues: keep waiting for hard details and facts here. Rockefeller’s Ruchir Sharma, meanwhile, saying look elsewhere: namely Latin American markets. Plus: a look at how this EO on drug prices could impact pharma stocks – and your wallet – with Former FDA Commissioner Scott Gottlieb… And breaking Fed headlines from Governor Kugler – who’s warning the growth outlook remains murky here. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber covered Monday's major market rally, sparked by a new U.S.-China trade deal in which both countries agreed to slash tariffs for 90 days. What should investors do now? Pharma stocks under pressure after President Trump said he would sign an executive order aimed at lowering drug prices. Hear what the president said about the U.S.-China trade agreement at his news conference. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The second hour of CNBC’s "Squawk on the Street" with Carl Quintanilla and Sara Eisen is broadcast each weekday from the floor of the New York Stock Exchange, with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Wrapping up another volatile week for stocks, Carl Quintanilla, David Faber and Mike Santoli set the stage for U.S.-China trade talks due to begin Saturday in Switzerland. The anchors reacted to President Trump's social media post in which he suggested lowering China tariffs to 80 percent from 145 percent. Bitcoin continues to rebound, rallying to levels not seen since late January. Barrick Mining CEO Mark Bristow joined the program at Post 9 and discussed gold's record run. The earnings parade in focus – including big moves in shares of Pinterest, Affirm and Expedia. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Carl Quintanilla, David Faber and Mike Santoli discussed positive market sentiment in reaction to President Trump saying he would announcea trade agreement on Thursday with the United Kingdom, though the U.K. refers to it as a framework. The anchors reacted to Trump callingJerome Powell a "fool" one day after the Fed held interest rates steady. Also in focus: Arm Holdings slides on weak guidance, sources tell Davidthat Warner Bros. Discovery is moving toward a split of the company, Shopify's president joins the show to discuss quarterly results and tariffs. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber, and Sara Eisen discussed the latest for stocks amid fresh news on the tariffs and earnings front – and ahead of a new comments from Fed Chair Powell this afternoon. First: a read on rates and how the economy’s holding up with the man advising America’s biggest companies on their multi-billion dollar financings: Goldman’s Jonny Fine… Plus: a deep-dive on Disney results, including demand trends in China and their new Abu Dhabi plans - CFO Hugh Johnston joined the team to breakdown the numbers. Also in focus: housing headwinds - Taylor Morrison’s CEO discussed key trends when it comes to the crucial spring selling season; a breakdown of looming tariffs on pharmaceuticals – and what it means for the stocks; and exclusive comments from the Education Secretary on student loans. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli covered a lot of news for investors to digest: Disney shares in rally mode after the company posted better-than-expected quarterly results -- and announced plans for a new theme park and resort in Abu Dhabi. You'll want to hear what Disney CEO Bob Iger told David. In a CNBC Exclusive, AMD CEO Lisa Su joined the program to discuss earnings, AI and the impact of U.S. curbs on chip exports to China. Also in focus: Stocks rise as the U.S. and China agree to trade talks, Fed decision day, Uber shares fall on a revenue miss. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla discussed the biggest headlines for stocks alongside Sara Eisen and David Faber – who both joined the broadcast live from the Milken Institute’s investment conference in Beverly Hills this hour. Citi CEO Jane Fraser and Treasury Secretary Bessent both pointing out a resilient consumer when it comes to the data… But CNBC’s latest Fed Survey raising recession odds to 55% from 22% at the start of the year – what’s driving the action. Plus: Goldman’s Chief U.S. Equity Strategist gave his take on where markets go from here – and whether the Mag-7 tech trade can hold up. Also in focus: the latest from the ground at Milken – as the street’s top CEOs, leaders, and regulators convene in California. David sat down with the CEOs of Ares (the firm manages $500B+ in assets) and Morgan Stanley Co-President Dan Simkowitz. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli discussed stocks extending Monday's losses after the broader market snapped its nine-day win streak. The Fed's two-day policy meeting also in the spotlight ahead of Wednesday's decision on interest rates. The anchors explored Palantir shares taking a hit despite upbeat results and guidance: What's next for what has been a high-flying stock? Also in focus: An AI warning from legendary investorPaul Tudor Jones, Ford suspends guidance in wake of tariffs, what CEOs at the Milken Institute Global Conference told David about the macro environment. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla discussed the latest for stocks alongside Sara Eisen and David Faber – who both joined the broadcast live from the Milken Institute’s investment conference in Beverly Hills this hour. A key focus? Berkshire Hathaway’s Warren Buffett - surprising investors at the company’s annual meeting by announcing he will step down as CEO… The team broke down his legacy and what’s next for shares. Plus: one portfolio manager from Janus Henderson joined the team to talk top tech picks. Also in focus: the latest from the ground at Milken – as the street’s top CEOs, leaders, and regulators convene in California. David sat down with Blackstone COO Jon Gray in a wide-ranging deep dive covering all things AI demand to Private Credit. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli discussed the surprising news involving Warren Buffett: The "Oracle of Omaha" announced he would step down as Berkshire Hathaway CEO at the end of the year after six decades on the job. Berkshire's board voted unanimously to name company executive Greg Abel as president and CEO effective January 1 -- and for Buffett to remain chairman. At the Milken Institute Global Conference, David engaged in one-on-one interviews with Apollo Global CEO Marc Rowan and Wells Fargo CEO Charles Scharf. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks popping higher after jobs data came in stronger than expected for April: Carl Quintanilla and Sara Eisen discussed the report and what it means for stocks - alongside some positive tariff headlines when it comes to China, and a number of better-than-feared earnings reports. A key focus? Mega-cap tech – namely Apple and Amazon after new numbers there… What to do with both stocks, and the street’s reaction this hour. Plus: does the rally have more room to run? Jefferies Chief Market Strategist and Goldman’s Chief Economist joined the team with their takes, and what comes next from the Fed. Also in focus: details emerging when it comes to President Trump’s 2026 budget – a deep-dive on the key points we have so far this hour… And a live read from the ground in Omaha - ahead of Berkshire’s annual shareholder meeting tomorrow. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer led off the show with market reaction to better-than-expected April jobs data. That report and hopes surrounding potential U.S.-China trade talks have put the Dow and S&P 500 on track for nine straight days of gains. The anchors also explored Apple and Amazon earnings and where tariffs fit into the picture. Chevron CEO Mike Wirth joined the program to discuss the company's quarterly results impacted by the slump in oil prices. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer explains why investors should not leave this drugmaker stock. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Big tech boosting the major indices after strong reports out of Meta and Microsoft overnight: Carl Quintanilla, Sara Eisen, and David Faber broke down the numbers with some of the street’s top analysts, while also looking ahead to Amazon and Apple earnings tonight. Why Jefferies calls Microsoft their Top Pick here, and more with one Rosenblatt analyst who says Apple’s earnings will be a ‘write-off’ quarter, with the true cost of tariffs to come later. Plus: the latest on Tesla, amid reports that their board contemplated replacing CEO Elon Musk (and fresh news on the autos front out of GM and Ford). Also in focus: McDonalds reporting its biggest U.S. same-store sales decline in 5 years – but Evercore says to buy the dip here… And more on the tariff pressure facing consumers and businesses with the President and CEO of the Chamber of Commerce, in a wide-ranging interview this hour. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed blowout quarterly results from Microsoft and Meta that sparked a rally inthe tech sector -- as the Dow and S&P 500 aim to extend their respective daily win streaks to eight. The anchors also reacted to Tesla's denial of a report stating the company's board opened a search for a successor to CEO Elon Musk. Also in focus: Eli Lilly and McDonald's join the earnings parade, Softbank CEO Masa Son on China and AI, President Trump's "two dolls" comment on tariffs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer explains why he favors this coffee chain giant despite weaker-than-expected quarterly results. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A huge morning for economic data: GDP, ADP, PCE, and some consumer reads – as stocks take a leg lower on GDP’s negative read. Carl Quintanilla, Sara Eisen, and David Faber discussed the latest and what it all means for the broader markets alongside Charles Schwab’s Chief Global Investment Strategist… In addition to fresh analysis across the hour on Trump’s first 100 days when it comes to the broader economy, energy, and tech regulation (Why former DOJ Assistant AG for Antitrust Jonathan Kanter says more deregulation is likely). Plus: a deep-dive on the biggest earnings movers of the day, from Starbucks to Humana – and the latest from D.C., as Alphabet’s CEO takes the stand in Google’s DOJ antitrust trial and key tech CEOs visit the hill for a security summit.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Jim Cramer kicked off the show with reaction to economic data that sparked Wednesday's market sell-off: The first reading of Q1 GDP showed that the economy contracted in the period, down 0.3-percent. Starbucks CEO Brian Niccol joined the program to discuss his turnaround plan, as the company's earnings and revenue miss weighed heavily on the stock. The anchors interviewed White House senior trade adviser Peter Navarro about where trade talks stand.Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.