
Squawk on the Street
2,740 episodes — Page 40 of 55
Extending the Market Sell-off, Cisco CEO On the Company's Weak Outlook, and Elon Musk Calls ESG a "Scam." 5/19/22
Carl Quintanilla, Jim Cramer and David Faber explored what to make of the markets extending losses after Wednesday's massive sell-off: The worst for the Dow and S&P 500 since 2020. Jim offers his takeaway for investors. Cisco CEO Chuck Robbins joined the anchors on set for an exclusive interview: They discussed his company's guidance that slammed the stock -- and where the COVID lockdown in China and the war in Ukraine fit into the picture. Also in focus: Navigating inflation and exposure to China, Elon Musk's Twitter rant about Tesla being removed from an S&P ESG index, and Melvin Capital to unwind funds after suffering major losses from meme stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets Slump As Target Shares Get Crushed On An Earnings Miss: The Inflation Factor and Beyond 05/18/22
Carl Quintanilla and Jim Cramer took an in-depth look at the big story of the morning which helped to spark a market sell-off: Target shares plunged on a quarterly earnings miss, hurt by inflation and supply chain issues. The anchors reacted to what Target CEO Brian Cornell told CNBC -- that he should be held accountable for not properly forecasting rising transportation and freight costs. Jim compared Target's results to those of Walmart, Home Depot, Lowe's and TJX. Also in focus: Why Target's results are weighing on markets one day after stocks rallied despite Walmart's miss, earnings bright spots, Fed Chair Powell not ruling out more aggressive moves to combat inflation, JPMorgan Chase shareholders reject CEO Jamie Dimon's massive retention bonus, plus Cramer on the Elon Musk-Twitter saga. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #13: Bipartisan Space with former NASA Administrator Jim Bridenstine 5/17/22
Ahead of Boeing launching its highly-anticipated Starliner flight, Morgan discusses bipartisan space policy, the rise of public-private partnerships and innovations in commercial space with former NASA Administrator Jim Bridenstine. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets Rally, Home Depot Jumps, Walmart Slumps, Musk's Bot Message to Twitter, and Citigroup Gets a "Buffett Bounce" 05/17/22
Jim Cramer and Scott Wapner delved into what's driving stocks sharply higher after Monday's choppy session. Shares of Home Depot jumped and Walmart shares tumbled in reaction to the retailers' respective quarterly results and guidance. The anchors discussed how certain stocks are indications of which CEOs are successfully executing their strategies versus those who are not. Also in focus: Elon Musk says his deal to acquire Twitter "cannot go forward" until he receives clarity about the number of fake accounts, Warren Buffett's big bet on Citigroup and what other billionaire investors are buying and selling, plus more earnings winners and losers as United leads the airline stock rally. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
A "Pivotal Week" for Markets, Bernanke on Fed's "Mistake," JetBlue Goes Hostile, Buffett's Big Energy Bet, and McDonald's to Exit Russia. 05/16/22
With the S&P 500 and Nasdaq each in the midst of a six-week losing streak, Jim Cramer and David Faber discussed why this is a "pivotal week" for the markets. The anchors also reacted to comments from Fed Chairman Ben Bernanke -- who told CNBC the Fed's slow response to inflation was a mistake -- and former Goldman Sachs CEO Lloyd Blankfein on recession worries. Also in focus: Goldman lowers its S&P 500 price target for 2022, Warren Buffett ramps up his energy portfolio, JetBlue launches a hostile tender takeover bid for Spirit Airlines, Jeff Bezos tweets about inflation, McDonald's decision to sell its Russia business, Elon Musk and the Twitter "bot check," plus what to make of an upgrade for Netflix. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Twitter Slumps on Musk Tweet Drama, Markets Rally, Biting Into the Apple Slump, and Bitcoin Bounces Back 5/13/22
Carl Quintanilla and Jim Cramer wrapped up a volatile market week as the S&P 500 looks to avoid bear market territory. Cramer outlines whether you should buy into Apple, Nvidia and other beaten-down tech names. Twitter shares tumble after Elon Musk tweeted that his takeover deal for the company is "temporarily on hold" -- following that with a tweet stating he is still committed to the acquisition. Carl, Jim and David Faber discussed what's at stake for Musk, Twitter and the $44 billion deal. Also in focus: Bitcoin rebounds back above $30,000 after this week's major crypto sell-off, plus where Coinbase and Robinhood fit into the picture. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Inflation Data Effect on Markets, Coinbase Is Crypto Crushed, From Darlings to Dogs of 2022 (So Far), and Bracing for Disney Earnings 5/11/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to consumer inflation data: April CPI rose more than expected on a monthly basis but edged lower to a 8.3% annual rate, slightly below a 40-year high. Coinbase shares tumbled on a surprise quarterly loss in wake of the crypto slump. The anchors explored what to make of stocks many had viewed as Wall Street darlings: Roblox and Carvana among the names down more than 75% year-to-date heading into the trading session. Also in focus: Kohl's shareholders re-elect directors despite activist investor pressure, what to expect from Disney's after-the-bell earnings, plus the best buying opportunities in this volatile market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets Aim for a Rebound, Big Tech's $1T Value Drop, Peloton Plummets and Pfizer Strikes a $11.6B Deal. 5/10/22
Carl Quintanilla, Jim Cramer and David Faber explored the continuing market volatility: Stocks look to rebound one day after a sell-off which saw the S&P 500 close below 4,000 for the first time in more than a year. The anchors discussed the tech giants losing more than $1 trillion in value over the last three trading days, and whether now's the time to go bargain hunting for those names and high-flying growth stocks that have taken a hit this year. Also in focus: The "WFH stock blues" continue as Peloton shares fall to record lows on wider-than-expected losses, Biohaven soars more than 70% after agreeing to be acquired by Pfizer in an $11.6 billion deal, AMC CEO Adam Aron's eye-opening comments from the company's earnings call, and what billionaire investor David Tepper told CNBC about the Nasdaq. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
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 experiencing a seismic shift and we need to react accordingly.” Plus, Carl and Jim breakdown the other big movers of the morning including Coty, Palantir and Tyson Foods. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
The Markets' Wild Ride, What to Buy and What to Avoid, and Labor Secretary Walsh on the April Jobs Report and Economy 5/6/22
Carl Quintanilla and Jim Cramer kicked off a busy show with a look at the extension of Thursday's market sell-off, which saw the Dow fall more than 1,000 points and the Nasdaq decline five percent -- wiping out Wednesday's big relief rally. Cramer offered advice on buying opportunities in this market, what to avoid and where inflation and the Fed fit into the picture. The key April jobs report showed non-farm payrolls up a better-than-expected 428,000, while the unemployment rate remained at 3.6%. Labor Secretary Marty Walsh joined the program with White House reaction to the report, as well as his perspective on the economy, inflation and the housing market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #12: Space Oddities with Astronaut Chris Hadfield 5/5/22
In recognition of National Astronaut Day, Morgan speaks with Colonel Chris Hadfield about the New Space Age. They discuss the astronaut’s time as commander of the International Space Station, his work across the commercial sector and how exactly one recovers from space blindness. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
From Fed-Fueled Rally to Sell-off, Musk Secures $7.2B In Fresh Funding for Twitter Bid, and E-Commerce Stocks' Marketplace Meltdown 5/5/22
The morning after the Fed's biggest interest rate increase since 2000 and Chair Jerome Powell saying a 75 basis point hike is off the table, Jim Cramer and David Faber focused on a big pullback for stocks following the best day for the broader markets since 2020. How should investors navigate the volatility? Elon Musk disclosed that he has secured $7.2 billion in fresh financing for his Twitter takeover bid, with commitments from the likes of Oracle Chairman Larry Ellison, Sequoia Capital and Ron Baron. Sources told David that Musk is expected to serve as temporary CEO of Twitter for a few months once the deal is closed. Also in focus: Shares of eBay, Etsy, Wayfair and Shopify tumble on weaker-than-expected guidance, while Priceline parent Booking Holdings joins the list of market bright spots. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Fed Decision Day, Starbucks and Airbnb Jump on Earnings, Lyft and Uber Sink, and An Exclusive With AMD's CEO 5/4/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with what to expect from the most-anticipated Fed meeting in many years: Chair Jerome Powell and policymakers expected to announce a 50-basis point interest rate hike. How many more hikes can investors expect? Earnings also in the spotlight: Starbucks and Airbnb rise after beating the street. Lyft shares plummeted on results and guidance, prompting Uber to move up the timing of its own its earnings announcement. In an exclusive, AMD CEO Lisa Su joined the program to discuss what drove the chipmaker’s better-than-expected quarterly results and guidance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Ep 4Fed Meeting Day One, Cramer Sounds Off About Paul Tudor Jones' Take On Powell, Musk's Twitter Financing, and CEOs Answer the Recession Question. 5/3/22
Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets as the Fed kicks off a two-day policy meeting. Jim spoke out forcefully in reaction to comments Paul Tudor Jones made on CNBC: The legendary investor said he would advise Fed Chair Jerome Powell to "look for another job." The anchors also discussed where to find pockets of strength in this market. Also in focus: Elon Musk reportedly in talks to revise financing for his Twitter deal, Earnings movers from Expedia to Paramount Global, plus highlights from the Milken Institute Global Conference -- including what the CEOs of Goldman Sachs, Carlyle and Apollo Global Management told David about the Fed and the possibility of a recession. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Bulls Say "Good Riddance" to April and Hello to May, Buffett's Market Message, Munger Slams Robinhood, plus the CEO of Apollo Global Management on Volatility 5/2/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at how investors should navigate the market in May, after the S&P 500's worst month since the beginning of the pandemic and the Nasdaq's poorest monthly performance since 2008. The anchors also reacted to news out of the Berkshire Hathaway Annual Shareholder Meeting over the weekend, including Warren Buffett's take on markets and inflation, Charlie Munger's harsh comments about Robinhood – and both men blasting crypto. At the Milken Institute Global Conference in Los Angeles, David interviewed Apollo Global Management CEO Marc Rowan about how the alternative asset manager is investing in a volatile market environment. Also in focus: Former Fed Vice Chairman Roger Ferguson tells CNBC he believes a recession is inevitable. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Apple and Amazon's Big Tech Earnings Impact, Big Oil's Results and the Russia Effect, and Robinhood Takes a Hit. 4/29/22
On the final trading day of April, Carl Quintanilla and Jim Cramer explored market reaction to big tech results: Apple's view on supply constraints overshadow the company's quarterly beat, while Amazon tumbles on a quarterly loss and its slowest growth in two decades. Exxon Mobil and Chevron shares also down despite a surge in profits -- Exxon announced a $3.4 billion charge related to its planned exit from Russia. Also in focus: Intel down sharply on earnings, Robinhood shares slump on declines in revenue and monthly active users, why Chinese stocks are rallying, and Tesla jumps after Elon Musk said he plans no further sales of the stock in wake of his deal to buy Twitter. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Meta Surges On Earnings, Q1 GDP Shrinks, An Exclusive With Southwest's New CEO, and "Sickness" for a Stay-At-Home Stock 4/28/22
Carl Quintanilla and Jim Cramer led off the show with a look at Meta shares surging on the Facebook parent's better-than-expected quarterly earnings and user growth. Is the worst over for the stock?. The anchors also reacted to GDP data showing the economy shrank at a 1.4% annual rate in the first quarter, marking contraction for the first time since early in the pandemic. What do Caterpillar and McDonald's earnings tell us about the economy? Southwest's new CEO Bob Jordan joined the program. Phil LeBeau and Jim interviewed him about the company's quarterly results, rising airfares and the airline's growth plan challenges. Also in focus: Teladoc shares plummet more than 40% on wider losses and weaker guidance -- a setback for investor and ARK Invest CEO Cathie Wood. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Morning After the Tech Sell-off, Reaction to Microsoft and Alphabet’s Earnings, and Exclusives With the CEOs of Boeing and T-Mobile. 4/27/22
One day after a more than 800-point drop in the Dow and the worst day for the Nasdaq since September 2020, Jim Cramer and Sara Eisen explored what to make of the markets following the tech sell-off, as well as “big tech” earnings from Microsoft and Alphabet. Boeing CEO Dave Calhoun joined the program. Phil LeBeau, Jim and Sara interviewed him about the jet maker’s first quarter results that missed analyst estimates. T-Mobile CEO Mike Sievert appeared on the show to discuss what’s driving profits, sales and the company’s raised guidance. Also in focus: Market reaction to earnings from the likes of General Motors, Visa and Chipotle. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #11: Public-Private Space with Former NASA Deputy Administrator Lori Garver
As SpaceX launches professional government astronauts and private citizens alike to-and-from space this week, Morgan speaks with Lori Garver, CEO of the Earthrise Alliance and former NASA Deputy Administrator about the rise of the public-private partnership in the sector and the future of the agency. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets Digest the Earnings Parade, An Exclusive With GE CEO Larry Culp, and Twitter Accepts Musk's $44B Takeover Offer. 4/26/22
Jim Cramer and Sara Eisen explored market reaction to earnings from the likes of General Electric, 3M, UPS and Raytheon. Jim interviewed GE CEO Larry Culp about the company's quarterly results -- the stock taking a hit on cautious guidance in wake of “inflation and other evolving pressures.” The future for Twitter also in the spotlight after the company accepted Elon Musk's $44 billion buyout offer to take the social media firm private. David Faber joined the Twitter discussion. Also in focus: Warner Brothers Discovery with eye-opening comments on its earnings call about the demise of CNN+, Oil prices rebound, what to expect from Alphabet, Microsoft and General Motors earnings, and Carnival's Arnold Donald to step down as CEO. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Extending the Market Sell-off, Twitter Jumps on Musk Deal Reports and Coca-Cola Gets a Pop on Earnings 4/25/22
Jim Cramer and Sara Eisen kicked off a new week with a look at the markets extending losses from Friday's big sell-off, which saw the Dow fall almost 1,000 points on Fed rate hike fears. Where should investors go bargain hunting? The anchors also reacted to reports that Twitter is nearing a deal to sell itself to Elon Musk for $43 billion. Coca-Cola leading off a busy earnings calendar with better-than-expected first quarter results. Also in focus: "Big Oil" stocks take a hit along with crude oil prices -- the China COVID outbreak and lockdowns playing a role in the declines. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
"Powell Effect" Extends Market Sell-off, Blue Chip Earnings Reaction, Snap's "Challenging" Quarter and a New Chapter in Musk's Battle to Buy Twitter. 04/22/22
Carl Quintanilla, Jim Cramer and David Faber discussed what to make of stocks extending Thursday's sell-off, which was sparked by Fed Chair Jerome Powell saying that a 50 basis point hike will be on the table when he and his fellow policymakers meet in May. The anchors also reacted to numbers from the likes of American Express, Verizon and Snap -- whose results reflected a "challenging" quarter according to Snap CEO Evan Spiegel. Also in focus: The Twitter board's next move after Elon Musk reveals financing aimed at buying the company, Gap tumbles on sales guidance and news that Old Navy's CEO is departing, Kohl's proxy battle, the end of the road for CNN+, and Disney's lobbying machine hits a GOP roadblock. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tesla's Record Profit and Musk's Optimism, Airlines Surge On Profitability Outlook, Netflix After the Plunge, and An Exclusive With Lululemon's CEO 4/21/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla shares up sharply after the company posted a record quarterly profit despite supply chain challenges. The anchors reacted to earnings call comments from Elon Musk: He said he has "never been more optimistic" about Tesla's future. American Airlines and Delta also in rally mode after forecasting profitability for the second quarter. Lululemon CEO Calvin McDonald joined the program exclusively to discuss his company's five-year growth plan to double revenue by 2026. Also in focus: Musk disclosed he has secured $46.5 billion in financing commitments for his Twitter takeover bid, and Bill Ackman’s hedge fund dumps its stake in Netflix: The stock extending losses one day after plummeting 35%. Plus, what sources are telling David about embattled hedge fund Melvin Capital. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Netflix Shares Plummet On Subscriber Losses: Exploring What's At Stake for the Company and Its Streaming Rivals 4/20/22
Carl Quintanilla, Jim Cramer and David Faber took a deep dive into Netflix shares losing a third of their value. The company posted quarterly subscriber losses for the first time in more than a decade -- and expects a drop of two million subscribers in the current quarter. Cramer weighs in on whether now's the time to buy the stock. The anchors reacted to Netflix Co-CEO Reed Hastings' comments on considering an advertising option and looking for ways to monetize account sharing. They also discussed Netflix's impact on shares of streaming rivals such as Disney, Paramount Global and Warner Bros. Discovery, as well as the parade of Wall Street analysts downgrading Netflix. Also in focus: Markets look to extend Tuesday's rally, IBM and Procter & Gamble beat the street, Lululemon's five-year growth plan, and chip stocks in the green. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
IMF Cuts Global Growth Outlook, Fed's Bullard and "75” Talk, Airlines Drop Mask Requirements on Judge’s Ruling, Blackstone's $13B Deal, plus Musk, Twitter -- and Apollo? 4/19/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with breaking news: The IMF cutting its 2022 global growth forecast to 3.6%. The anchors explored what that news means for investors -- and reacted to comments by St. Louis Fed President James Bullard, who said he wouldn't rule out a 75 basis point rate hike. U.S. airlines in the spotlight, dropping mask requirements for passengers and crew members after a federal judge overturned the CDC's mask mandate for airlines, airports and public transportation. Also in focus: Natural gas tumbles and stocks rally, Johnson & Johnson leads the earnings parade, sources say Apollo Global Management may be willing to provide financing for a Twitter buyout, what to expect from Netflix's after-the-bell results, and Blackstone’s $13 billion bet on campus housing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
BofA Kicks Off a Big Earnings Week, Musk's Takeover Offer: Should Twitter "Take the Money ... and Run"? Plus -- Didi Tumbles In Preparation for U.S. Delisting. 4/18/22
Carl Quintanilla, David Faber and Morgan Brennan led off the show with Bank of America's better-than-expected quarterly results, kicking off a busy week of earnings reports as the 10-year note yield rises to highs not seen since late 2018. MoffettNathanson Senior Managing Director Michael Nathanson joined the program to discuss why Twitter should "Take the money ... and run" and accept Elon Musk's takeover offer. Also in focus: An inside look at Rivian and its supply chain challenges with shares of the electric vehicle startup down more than 60% year-to-date, Didi shares tumble after the Chinese ride-hailing firm schedules a vote on delisting from the U.S., and a report from on the ground in China on the impact of Shanghai's weeks-long lockdown as it battles a COVID outbreak. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Elon Musk Offers to Buy Twitter 4/14/22
Carl Quintanilla and Jim Cramer begin the hour with breaking news, discussing Tesla CEO Elon Musk’s offer to buy Twitter for $54.20 a share, or about $43 billion. In a letter sent to Twitter Chairman Bret Taylor, Elon Musk wrote “My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.” Jim Cramer went on to say that he believes that Twitter’s board has ‘no choice’ but to reject Musk’s offer. Also in the mix: Bank earnings continued with Goldman Sachs, Morgan Stanley, Citigroup and Wells Fargo all reporting results. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
JPM’s Profit Plunge, Fed’s “Fantasy,” Delta Shares Soar 4/13/22
Carl Quintanilla, Jim Cramer and David Faber begin the hour by breaking down JPMorgan’s Q1 results. The big bank reported a $524 million hit from market dislocations caused by Russian sanctions. The company’s profit dropped 42% from a year earlier to $8.28 billion. Another big name reporting results to watch is Delta Air Lines, announcing it is expecting a return to profit this quarter thanks to a jump in bookings and fares. Also in the mix: St. Louis Fed President James Bullard said it is a “fantasy” to believe modest rate rises can effectively combat inflation. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #10: Small Satellites & SPACs with Terran Orbital’s Marc Bell 4/12/22
As the satellite market heats up and stock market cools, Morgan discusses the small satellite landscape with Marc Bell, co-founder, chairman & CEO of recently-public small satellite manufacturer Terran Orbit. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Inflation Nation, China’s Covid Lockdowns Causing Chaos, Apple CEO Speaks Out on Privacy Security 4/12/22
Carl Quintanilla and Jim Cramer react to the massive inflation data. CPI jumping 8.5% for a year prior, slightly hotter than what economist had anticipated. It is the highest year-over-year gain since the early days of the Reagan Administration back in December of 1981. Plus, China continuing to deal with its Covid lockdown. The U.S. State department now ordering all non-emergency government staff in shanghai to leave, and U.S. citizens to reconsider travel to China. CarMax shares slumping after a bottom line miss for its latest quarter, as sales volumes are slowing and average selling prices continue to rise. Plus, Tim Cook taking the podium at the International Association of Privacy Professionals’ Global Privacy Summit. Carl & Jim respond to Cooks comments on the fight for privacy. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Musk Opts Out, Nio Hikes Prices & Suspends Production, Cleveland Fed President Mester: Increased Recession Risk, A New Era for Warner Bros. 4/11/22
Carl Quintanilla, Jim Cramer and David Faber discuss the big breaking news of the morning. Twitter CEO, Parag Agrawal announcing Elon Musk decided not to join the company’s board. He writes in the announcement, “I believe this is for the best. We have and will always value input from our shareholders whether they are on our board or not. Elon is our biggest shareholder and we will remain open to his input.” Musk over the weekend tweeting a number of ideas about how he wanted to change the social media company, which have since been deleted. One tweet suggested turning Twitter’s San Francisco HQ into a homeless shelter because “no one shows up anyways.” Amazon’s Jeff Bezos responded to that tweet saying it was a great idea and shared a story of a similar initiative at Amazon. Plus, David breaks down the future of Warner Brothers Discovery, which began trading over at the Nasdaq at the open. Carl, Jim and David discuss investor and economist fears of a recession ahead. Including comments from Cleveland Fed President Loretta Mester saying there is an increased risk of recession, but she remains optimistic. Also, Nio shares slumping on news it’s going to be hiking prices and suspending its production. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Going "Ape" As Goldman Says "Sell" Robinhood, Musk's Tesla "Cyber Rodeo," and Thiel Slams Buffett and Other "Enemies" of Crypto. 4/8/22
Jim Cramer and David Faber led off the show with Robinhood being downgraded to "sell" by Goldman Sachs. Are we in the midst of a retreat by the apes? The anchors also discussed Elon Musk and Tesla's grand opening of its new $1.1 billion "Gigafactory" in Texas, as well as the company's goals for producing the Cybertruck and other vehicles. Jim and David also reacted to harsh words billionaire investor Peter Thiel had for Warren Buffett at a bitcoin conference. Thiel called Buffett a "sociopathic grandpa from Omaha" and listed him, Jamie Dimon and Larry Fink as "enemies" of crypto. Also in focus: A rough week for tech and the transports, advertising slowdown worries, and the WarnerMedia-Discovery merger deal on the verge of closing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Morning After the Tech Sell-off, “Buffett Effect” As HP Surges on Berkshire Stake, Shell Issues a $5B Russia Warning and Big Oil Execs Grilled on High Gas Prices 4/7/22
After two days of stock market declines fueled by Fed-related news, Jim Cramer and David Faber discussed how investors should navigate the tech sector slump following Wednesday's Nasdaq sell-off. On the flip side, the anchors explored what to make of Warren Buffett's big bet on HP Inc.: The stock surged after Berkshire Hathaway disclosed an 11% stake in the personal computer and printer maker. Also in focus: Fed's Bullard on inflation and hiking interest rates, Shell said it sees a Q1 write-down of up to $5 billion due to its pullout from Russia, what the CEOs of Exxon Mobil and Chevron said at a House subcommittee hearing on high gasoline prices, plus the biggest movers -- including what Conagra and Levi Strauss are telling us about the consumer. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
"Fedspeak" Pressures Stocks, Sec. Yellen and Big Oil Executives Head to the Hill, Plus JetBlue and Frontier's "Spirit-ed" Bidding War 4/6/22
Jim Cramer and David Faber focused on stocks extending Tuesday's losses in reaction to comments from Federal Reserve Governor Lael Brainard and Philadelphia Fed President Patrick Harker about balance sheet reduction and rate hikes. The anchors explored how investors should navigate the recent pullback in the tech sector. JetBlue makes an unsolicited $3.6 billion all-cash offer to acquire Spirit Airlines, which had already agreed to merge with Frontier in a $2.9 billion cash-and-stock deal. How will regulators react? Also in focus: Treasury Secretary Yellen's testimony before a House committee, big oil executives face a House panel at a hearing on skyrocketing gasoline prices, and Elon Musk adjusts the description of his Twitter stake -- removing the word "passive." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #9: Amazon’s Space Play with ULA’s Tory Bruno 4/6/22
Amazon has announced a multibillion dollar investment in what’s being called the biggest commercial rocket deal in history. Furthering plans for its mega-constellation Project Kuiper, the tech giant is partnering with several providers, including Jeff Bezos’ Blue Origin, Arianespace and United Launch Alliance. Morgan speaks with Tory Bruno, ULA’s CEO to discuss the deal, Russian rocket engines, and how growing defense budgets could benefit space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Musk Joins Twitter's Board, Markets and Fresh Sanctions, Carnival Jumps on “Busiest Booking Week” and Starbucks Falls on Day Two of Schultz's Return As CEO 4/5/22
Carl Quintanilla, Jim Cramer and David Faber led off the program with the big news of the morning. Elon Musk is joining Twitter's board and while serving on it, he has agreed not to own 14.9% of the company's common stock. The anchors discussed Musk's tweets related to the news and the impact he could have on Twitter, its stock and the social media landscape. Also in focus: Carnival leads the cruise stocks rally after announcing its busiest booking week on record, market reaction to the European Commission proposing a fresh set of sanctions against Russia, Cramer on buying Facebook parent Meta Platforms on the dips, and Starbucks shares under pressure: What interim CEO Howard Schultz reportedly told employees about making decisions based on the stock price. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Twitter Surges on Musk Stake, Schultz Returns As Starbucks CEO and Exclusives With the CEOs of AMD and Liberty Media. 4/4/22
Carl Quintanilla, Jim Cramer and David Faber began the show with reaction to big news regarding Twitter: The stock surged after Elon Musk disclosed a 9.2% stake in the company. The anchors also explored Starbucks founder Howard Schultz's return to the company as CEO on an interim basis and his decision to suspend the coffee chain's stock repurchasing program. AMD CEO Lisa Su joined the program exclusively to discuss her company's $1.9 billion acquisition of cloud startup Pensando and how it fits into her company's data center strategy, plus her take on the supply chain. In another exclusive, Liberty Media CEO Greg Maffei was interviewed about a wide range of topics, including his recent announcement about Formula 1's Grand Prix coming to Las Vegas. Also in focus: What Jamie Dimon said about the Fed in his annual letter to JPMorgan Chase shareholders. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Exclusive: Top White House Economic Adviser on the Jobs Report, Gas Prices and SPR. Plus, GameStop's "Split" Surge and the Chinese Stocks Rally. 4/1/22
As we kick off the second quarter, Carl Quintanilla and Jim Cramer led off the show with market reaction to the March employment report: Job growth up 431,000 – missing expectations-- but the unemployment rate fell to a two-year low of 3.6%. National Economic Council Director Brian Deese joined the program exclusively to discuss the numbers, as well as inflation and President Biden's decision to release millions of barrels of oil from the Strategic Petroleum reserve in an effort to reduce gasoline prices. Also in focus: GameStop shares surge as the company seeks shareholder approval for a stock split, what's behind the rally in Chinese stocks such as Alibaba and JD.com, and a report regarding a U.S. probe of Activision Blizzard. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Oil Tumbles on "Biden Effect," The Bulls Winning in March But the Bears Rule Q1, and Apple's Win Streak Ends at 11 3/31/22
On the final trading day of March and the first quarter, Carl Quintanilla and Jim Cramer discussed what's next for stocks after a strong month and what is likely to be the worst quarterly market performance in two years. Hear what they have to say about the winners and losers. Oil prices also in the spotlight, taking a hit on reports President Biden is considering the release of around one million barrels of oil per day from the Strategic Petroleum Reserve. Also in focus: Russian President Putin demands gas payments in rubles, Apple looks to rebound after ending its 11-session win streak, Walgreens shares fall despite an earnings beat, Amazon union vote counts, and the "downgrade parade" for AMD, HP, Dell and PVH. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Markets vs. Recession Fears, An Exclusive With Micron's CEO, and Apple Aims for 12 in a Row ... and $3T 3/30/22
Carl Quintanilla and Jim Cramer explored the markets trying to shrug off recession fears one day after a flat 2-year/10-year yield spread. The anchors reacted to RH CEO Gary Friedman's earnings call comments: He said inflation is "going to outrun the consumer." Apple also in focus as the stock aims to regain a $3 trillion market valuation along with a 12th straight positive session, which would match its record win streak set back in 2003. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss his company's upbeat earnings and guidance -- and Senate approval of the $52 billion bill aimed at boosting chip manufacturing in the U.S. Also in focus: Lululemon surges and Chewy tumbles. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
The "Peace Talks Rally," FedEx CEO to Step Down, Meme Stock Madness After AMC Soars, and Nielsen to Go Private in a Buyout. 3/29/22
Carl Quintanilla, Jim Cramer and David Faber focused on the stock market rallying after one of Russia's top negotiators called peace talks with Ukraine "constructive." The anchors also reacted to news that FedEx founder Fred Smith will step down as CEO in June and be succeeded by COO Raj Subramaniam. Meme stock madness once again in the spotlight after shares of AMC soared on Monday: GameStop and AMC each more than doubling in the past two weeks. Also in focus: Nielsen Holdings agrees to be taken private in a deal valued at $28 per share or $16 billion including debt, WTI crude falls below $100, and should Disney become a meme stock? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #8: Space Station Business with Axiom Space’s Michael Suffredini 3/29/22
Axiom Space, in partnership with NASA and SpaceX, is set to launch the first-ever all-private mission to the International Space Station. Morgan speaks with company co-founder & CEO Michael Suffredini about the upcoming mission, the impact of geopolitics on the I.S.S. & the company’s plans for a commercial space station. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Tesla's Stock Split Push, Shanghai Lockdown Effect, Apple Falls But Makes Oscars History, and Interviews with the CEOs of AMC and HP 3/28/22
Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla: Shares up sharply after the company disclosed it will ask shareholders to approve an increase in the number of additional shares, in order to enable another stock split. Apple shares fall on a report stating the company plans to cut production of the iPhone SE and Airpods. Cramer explains why he's still upbeat about Apple, whose streaming service became the first to win an Academy Award for best picture as "CODA" took the top prize Sunday night. AMC Entertainment CEO Adam Aron joined the program to discuss M&A, meme stocks, the movie business and Will Smith slapping Chris Rock on stage during the Oscars ceremony. The anchors also interviewed HP Inc. CEO Enrique Lores about his company agreeing to acquire Poly as HP bets on hybrid work trends. Also in focus: Oil prices tumble in reaction to Shanghai's lockdown amid a surge in COVID cases, crypto extends its March rally and the 10-year note yield hits 2.5% Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Two-Week Stock Surge, U.S.-EU Nat Gas Deal vs. Russia, Apple Shoots for Nine, Investing in "MANGO" and Lighting Up the Cannabis Rally 3/25/22
Carl Quintanilla and Jim Cramer explored what's next for the markets, with the S&P 500 and Nasdaq each on track for a second consecutive week of gains. The anchors discussed Bank of America's bullish note on the chip sector and what it calls the "MANGO" stocks. Which one does Cramer like most? The U.S. and European Union strike a natural gas deal in an effort to reduce EU dependence on Russian energy. Jim outlines the natural gas stocks to buy right now. Also in focus: Apple aims for a nine-session win streak and the EU agrees on new rules to rein in big tech's dominance, cannabis stocks surge on hopes that Congress will pass a bill to legalize marijuana, Bed Bath and Beyond's settlement with billionaire investor and GameStop Chairman Ryan Cohen, one Wall Street firm’s 50 basis point rate hike call, and how to profit from the metaverse. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Market Volatility, New Sanctions on Russia, BlackRock's Fink Sees the End of Globalization, Nikola Shares Surge, and Airline CEOs to Biden: End the Mask Mandate 03/24/22
Carl Quintanilla and Jim Cramer discussed market volatility as President Biden met with G-7 and EU leaders at the NATO summit in Brussels. The U.S. announced a new round of sanctions on top Russian elites, officials and corporations. The anchors reacted to Blackrock CEO Larry Fink and Oaktree Co-Founder Howard Marks each warning of an end to globalization. Airline CEOs sent a letter to President Biden urging the White House to end pre-departure COVID testing and scrap the mask mandate for air travel. Also in focus: Nikola shares surge after the EV startup confirmed it started production of its battery-electric trucks, Uber agrees to list New York City taxis on its app, and whether to get in on big tech stocks' rebound. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Sanctions and Stocks, Chip CEOs Head to the Hill, An Exclusive with Adobe's CEO and GameStop Leads the Return of "Meme Stock Madness" 3/23/22
Carl Quintanilla and Jim Cramer focused on market volatility in wake of the the Russia-Ukraine conflict, as President Biden heads to Brussels for meetings with allies and NATO leaders to make the case for more aggressive sanctions against Russia. Chip industry CEOs including Intel and Micron head to Capitol Hill to testify before a Senate panel, as they seek subsidies to boost semiconductor production in the U.S. "Meme Stock Madness" back in the spotlight: GameStop extended its rally after chairman Ryan Cohen disclosed that he increased his stake in the company to 11.9%. Since mid-March, GameStop has soared more than 70% with AMC up 40%. Adobe CEO Shantanu Narayen joined the program to discuss his company's results, the outlook that weighed on the stock and halting sales in Russia. Also in focus: Jamie Dimon’s “Marshall Plan.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
Post-Powell Rebound for Stocks, Nike Rallies on Earnings and Alibaba Surges on its Record Buyback Plan 3/22/22
Carl Quintanilla and Jim Cramer explored why stocks have rebounded from Monday's decline, which was sparked by Fed Chair Jerome Powell saying he would not rule out larger interest rate hikes in order to combat inflation. The anchors also discussed Nike's better-than-expected quarterly results: The stock topped the list of Tuesday's gainers on the Dow and S&P 500. Alibaba also joined the rally and lifted beaten-down China stocks after announcing it would boost its stock buyback program to a record $25 billion. Also in focus: Carnival's wider-than-expected loss, Tesla opens its German "Gigafactory," Disney's staffing challenges, the Boeing jet crash in China, and Cramer on the retail shopping rebound. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Manifest Space Episode #7: Satellite Hacks with Viasat’s Mark Dankberg 3/22/22
As the annual Satellite 2022 conference kicks off in Washington D.C., the war in Ukraine is shedding light on the critical nature of space infrastructure. Morgan speaks with Mark Dankberg, Executive Chairman of Viasat to discuss the hack on his company’s services, how companies fortify satellite operations and overall outlook for competition in the space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
A New Market Week, Oil Surges, Boeing Jet Crashes in China, Buffett's M&A Monday and Bostic's Fed Rate Hike Call. 3/21/22
After the best week for stocks since November 2020, Carl Quintanilla and Jim Cramer discussed navigating market volatility in wake of higher oil prices and the Russia-Ukraine conflict. Boeing drags the Dow lower after a 737-800 jet crashes in southern China with 132 passengers and crew on board. M&A also in the spotlight: Warren Buffett's Berkshire Hathaway agrees to acquire insurer Alleghany for $11.6 billion -- and shares of Anaplan soar after the software maker agrees to be taken private by Thoma Bravo in a $10.7 billion deal. Also in focus: Atlanta Fed President Raphael Bostic says he expects a total of six rate hikes in 2022, General Motors buys Softbank's stake in GM's autonomous car unit, and why Cramer says "the oil stocks are terrific." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.