Squawk on the Street

Stocks rally on new reports that Iran is drafting a protocol with Iran to oversee the Strait of Hormuz. Then has President Trump given China a leg up ahead of the countries meeting in May? Stephen Roach, the former Chair of Morgan Stanley Asia makes the case. And fears in the private credit market drag on, with Blue Owl limiting redemptions from several funds. 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 says his instinct is to buy this energy stock after a recent selloff. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up 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.

On the final day of a holiday-shortened trading week, Carl Quintanilla, Jim Cramer and David Faber discussed stocks tumbling and crude oil prices surging in reaction to President Trump's primetime address about the Iran war. The anchors also reacted to Tesla's Q1 deliveries missing analyst forecasts. Private credit pain: Shares of Blue Owl and other alternative asset managers extended this year's steep losses, after the company said it would limit withdrawals from two of its funds. Also in focus: Elon Musk's SpaceX files for a massive IPO, AI and the backlash against data center, semiconductors rally and travel stocks slide, gasoline and diesel prices keep spiking and adding more pain at the pump. 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.

Strong data - alongside growing hopes an end to the Iran war is in sight - boosting stocks... Sara Eisen, David Faber, and Carl Quintanilla began the hour with fresh analysis of this morning's ADP Jobs & Retail Sales reports before getting predictions on what's next for stocks with longtime market veteran Jeremy Siegel - along with more on what's next in the war with Council on Foreign Relations President Michael Froman. Plus: Microsoft shares closing out their worst quarter since 2008... Is there more pain to come? Hear from one tech investor who says yes. Elsewhere in the hour: Nike shares slumping post-results; Sara brought fresh reporting on the name and broke down the numbers with an analyst... And can't miss details on some of the day's biggest movers: from Intel to Restoration Hardware to Hasbro. 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 says the Club will have to sell this apparel stock if another quarter disappoints. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up 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.

With the Dow and S&P 500 coming off their worst quarter since 2022, Carl Quintanilla, Jim Cramer and David discussed what investors can expect in Q2 — especially after stocks extended Tuesday's big rally on hopes the Iran war will end soon. The anchors reacted to President Trump's Truth Social post in which he said Iran's "New Regime President" has asked for a ceasefire. Nike shares tumbled after the company issued weak guidance — especially on sales in China — overshadowing a Q3 beat. Hear what Jim said about Nike CEO Elliott Hill and the company's turnaround plan. Also in focus: Intel to buy back Apollo's stake in an Ireland chip factory for $14.2 billion, Oracle slashes jobs, RH plummets, Disney upgraded, "Magnificent 7" outlook after a rough Q1. 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 tells investors to buy these homebuilder stocks if inflation subsides. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up 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.

Today: Stocks rallying in the early trade after a rough Q1... Sara Eisen, David Faber, and Carl Quintanilla kicked off the hour with fresh consumer data and color - as gas prices in the U.S. cross $4/gallon. Longtime market veteran Ed Yardeni weighed in on what it means for equities, while the team got specific Q2 picks from Trivariate's Adam Parker. Elsewhere in the hour: the CEO of Hershey joined the team at Post 9 in a wide-ranging exclusive, spanning the company's new strategy, reiterated guide, and yes... Even the viral KitKat heist. Plus: details on a new multi-billion dollar tie-up in the grocery aisle, and Nvidia's new investment into Marvell. 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 stocks in rally mode on the final trading day of March and Q1. The Dow, S&P 500 and Nasdaq on track to snap 3-quarter win streaks. The anchors reacted to what legendary investor and Berkshire Hathaway Chairman Warren Buffett told Becky Quick about this market environment. Nvidia CEO Jensen Huang and Marvell Technology CEO Matt Murphy joined the program to discuss their companies' AI partnership — including Nvidia's $2 billion investment in Marvell. Hear Huang talk about what the markets don't get about Nvidia. Also in focus: Unilever to combine its foods business with McCormick, the biotech deal that sent one stock soaring more than 130%, Cramer's take on mega-tech. 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.

A blockbuster show featuring interviews with 2 of the market's biggest leaders: Fed Governor Stephen Miran, live at Post 9 alongside Sara Eisen, Carl Quintanilla, and David Faber - and Fed Chair Jerome Powell, speaking in Cambridge before Harvard students. Hear both men discuss the impact of rising energy prices, Fed independence, and where rates could be headed in 2 deep-dives you don't want to 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.

The Club says it has taken profits in this legacy tech giant after rising costs. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up 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.

With the Dow and S&P 500 in the midst of five-week losing streaks, Carl Quintanilla, Jim Cramer and David Faber explored why both stocks and oil prices kicked off the holiday-shortened week with gains. The anchors reacted to President Trump's Truth Social post which included optimism and threats when comes to talks with Iran aimed at ending the war. The Magnificent 7's rough 2026 also in in the spotlight: Meta and Microsoft in the bears' grip, Goldman Sachs' note on Nvidia, Melius' case for Apple. Also in focus: Anthropic and the demise of its Sora video app, Sysco shares tumble on the food services company's deal to acquire catering supplier Jetro Restaurant Depot for $29 billion in cash, stock and debt. 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.

S&P coming off its worst day since January - and the Nasdaq sliding into correction territory... Sara Eisen and Michael Santoli discussed the latest moves with market veteran Rebecca Patterson - before breaking down Brent Crude's pop above $110 a barrel with Bank of America's Head of Commodities. Elsewhere in the hour - former Tesla President and current GM Board Member Jon McNeill gave his take on how all the global chaos is making EVs look a lot more attractive for consumers... and the team got the latest out of Washington on the DHS shutdown, as long airport wait times continue to wreak havoc for travelers. 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 and Sara Eisen delved into stocks under pressure after Thursday's sell-off, while crude oil prices continue to surge despite President Trump extending his deadline for Tehran to reopen the Strait of Hormuz. The anchors discussed the Nasdaq's fall into correction territory, along with four S&P sectors down more than 10% from their year highs. Anthropic also in the spotlight: A federal judge temporarily blocks the Pentagon's designation of the AI firm as a "supply-chain risk" — and the company is reportedly considering an IPO as soon as October. Also in focus: Netflix hikes prices, Meta weakness, private credit woes, the Senate passes a bill to fund most of the Department of Homeland Security, what to make of the red-hot "Chem 7" rally. 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 warning Iranian negotiators to "get serious soon, before it is too late" - as Iranian officials tell Reuters that U.S. proposals lack the minimum requirements for success... Sara Eisen and Michael Santoli broke down the latest headlines on the war this hour and what it means for stocks with market veteran Dan Greenhaus, before former Trump National Security Advisor H.R. McMaster joined the team with more on how the conflict could play out. Plus: hear from the President himself - live from a cabinet meeting of top officials including Vice President Vance, Defense Secretary Hegseth, & Treasury Secretary Bessent that kicked off 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.

Cramer says this undervalued stock is a leading indicator for oil futures. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up 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.

Jim Cramer and Sara Eisen discussed the impact Iran war developments are having on the markets, as stocks try to overcome higher crude oil prices. The anchors also discussed what has been a rough March for Meta: It's the worst performing Magnificent 7 stock month-to-date — and the tech giant suffered legal defeats in landmark cases involving child safety. Hear what Cramer said about Wall Street being in denial when it comes to this market environment. Also in focus: Shares of Micron and its memory chip rivals extend losses, private credit problems hit Jefferies' earnings, Qualcomm downgraded, market bright spots, stocks Jim says you should avoid. 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.

Another morning of rapid developments in Iran: Sara Eisen and Michael Santoli discussed what investors need to know, along with market implications for stocks, commodities and even mortgage rates. Is the easing of tensions in the Middle East for real? Former Israel Ambassador to the U.S. Michael Oren gave his take on the reported peace plans - and if Israel would be on board. Plus: Goldman credit expert Jonny Fine joined the team with a read on private credit concerns - and why they haven't had a contagion effect just yet. Elsewhere this hour: details on why OpenAI is ditching its Sora video app, what's sending shares of $ARM surging, and how the Trump Administration should be regulating prediction markets - with one expert arguing too many rules could stifle "the societal benefits that come from speculation". 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.