Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber led off the show with big moves in two of the most shorted stocks on Wall Street: Bed Bath and Beyond shares soaring after the company announced a digital marketplace and e-commerce partnership with Kroger, while Avis Budget tumbles on a series of downgrades one day after the stock doubled. Zillow also in the mix, falling double digits after announcing plans to close its homebuying business. The anchors explored the action in the three stocks and how they compare with meme stocks GameStop and AMC Entertainment. Bed Bath & Beyond CEO Mark Tritton appeared on the program to discuss its Kroger partnership, the stock market's reaction to it and the retailer's share buyback news. Also in focus: A fresh record high for the Nasdaq, countdown to the Fed decision and statement, eco-friendly footwear maker Allbirds goes public, Activision tumbles on a game release delay and a weaker holiday quarter outlook, T-Mobile jumps on better-than-expected profits and subscriber growth, a rough year for shares of the major wireless carriers, plus what New York City Mayor-elect Eric Adams told CNBC about how he will reach out to the business community as he gets ready to takes office. Hosted by Simplecast, an AdsWizz company. See https://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 Tesla's rally running in reverse: The stock fell sharply after CEO Elon Musk tweeted that his company's 100,000 vehicle deal with Hertz had yet to be signed. Cramer explained how investors should approach Tesla and other electric vehicle stocks. The anchors also discussed EV startup Rivian targeting a $60-billion valuation with its IPO slated for next week. Apple also in spotlight: Nikkei Asia reporting the tech giant has cut back sharply on iPad production to allocate more chips to the iPhone 13. The anchors reacted to what Commerce Secretary Gina Raimondo told CNBC about how long it might take to build a chip foundry in the U.S. Pfizer shares rose on better-than-expected quarterly results and raised guidance, citing strong demand for its COVID-19 vaccine and non-COVID treatments. Separately, Amazon lifts its mask mandate for fully vaccinated workers. Also in focus: Fresh record highs for the S&P 500 and Nasdaq, Under Armour soars on earnings news, shares of online education company Chegg get crushed on a revenue miss and weakness in enrollments, and DuPont agrees to acquire electronics materials maker Rogers Corp. for $5.2-billion -- in an effort to boost its presence in the EV, 5G and clean energy markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the S&P coming off its best month since November 2020, Carl Quintanilla, Jim Cramer and David Faber explored what's next for stocks, with major indices hitting fresh record highs at the open on the first trading day of November. The anchors also delved into Tesla's record run and why the stock continues to rally without any fresh news to drive it higher. A shake-up in the banking world: Barclays announcing Jes Staley stepped down as its CEO, following an investigation into his relationship with disgraced financier Jeffrey Epstein. More travel trouble for American Airlines: Since Friday, the carrier has canceled more than 2,200 flights, citing poor weather and labor shortages. Carl, Jim and David compared American's cancellation problems with those of Southwest Airlines. On the M&A front, Coca-Cola confirmed it is acquiring the 70-percent of sports drink maker "BodyArmor" it doesn't already own -- the transaction valued at $5.6-billion. Also in focus: The road ahead for FAANG and retail stocks, The G-20 summit and the U.S. agreeing to relax tariffs on European steel, and Treasury Secretary Yellen meets U2's Bono. Hosted by Simplecast, an AdsWizz company. See https://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 shares of Apple and Amazon each taking a hit on earnings-related news. Apple missed on the top line in the third-quarter while Amazon posted weaker-than-expected Q3 results and disappointed the street with its holiday quarter guidance. Both tech giants impacted by supply chain woes. The anchors explored how investors should approach big tech now. Carl, Jim and David also looked at the road ahead for Facebook one day after it announced it is changing its corporate name to Meta -- and what highlighting a "metaverse" platform could mean for the stock. Starbucks CEO Kevin Johnson appeared on the program in an exclusive interview: The stock taking a hit as an earnings beat was overshadowed by a quarterly revenue miss, with sales growth slowing in China due to the COVID-19 Delta variant outbreak. Johnson explained Starbucks' strategy for navigating the pandemic and the supply chain crisis. Also in focus: Exxon Mobil and Chevron earnings reaching multi-year highs, Exxon's updated ESG strategy, plus sources telling David that Coca-Cola is expected to announce an $8-billion deal to acquire sports drink maker BodyArmor. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on breaking news out of Washington: The White House set to announce a new, revised $1.75-trillion framework for President Biden's social and climate priorities that it believes will be able to pass both houses of Congress. The anchors and Senior White House Correspondent Kayla Tausche discussed what it all means for investors and the Biden economic agenda. Carl, Jim and David also explored market reaction to another busy earnings day, highlighted by shares of Ford surging on much better-than-expected third-quarter profit, upbeat guidance and the automaker’s decision to reinstate its quarterly dividend in Q4. The anchors reacted to what Ford CEO Jim Farley said on his company's earnings call about breaking supply and manufacturing constraints. Three CEOs joined the program to discuss their respective quarterly results and guidance -- plus where supply chain issues, inflation, labor shortages and the pandemic come into play: David Gibbs of KFC, Taco Bell and Pizza Hut parent Yum! Brands, ServiceNow's Bill McDermott, and Stanley Black & Decker's Jim Loree. Also in focus: Facebook stressing the metaverse amid rumors the company is going to change its corporate name, plus more earnings winners and losers. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at the barrage of earnings reports on Wall Street's radar. They led off with Robinhood, whose quarterly results missed analyst estimates due to a crypto trading slowdown, sending the stock tumbling below its July IPO price of $38 per share. That was followed by a trio of CEO interviews: Boeing's Dave Calhoun on why he sees a light at the tunnel for the jet maker despite its earnings miss, AMD's Lisa Su on the chipmaker's results and upbeat guidance – driven by strong demand as the company benefits from the cloud and gaming, and GlaxoSmithKline CEO Emma Walmsley on better-than-expected earnings and raised guidance as she looks to transform the drugmaker. Also in focus: Market reaction to earnings from the likes of Microsoft, Google parent Alphabet, Twitter and McDonald's – plus, solar stocks in rally mode and major Tesla investor Ron Baron's eye-opening comments about Elon Musk. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show by exploring mixed quarterly results from Facebook -- and weighing in on Mark Zuckerberg's earnings call comments. In wake of whistleblower allegations, Zuckerberg complained about a "coordinated effort to selectively use leaked document to paint a false picture of our company." The anchors also discussed the impact that Apple’s new privacy restrictions had on Facebook's ad sales growth. Carl, Jim and David also took an in-depth look at market reaction to earnings from the likes of 3M, General Electric and UPS – and where supply chain issues fit into the picture. The future for Tesla also in the spotlight one day after its market cap surpassed $1-trillion for the first time. The anchors discussed what investors should make of Tesla's valuation. Also in focus: A new intraday record high for the Dow and S&P 500, DraftKings withdraws its $22-billion bid to acquire U.K.-based sports betting company Entain, and a report stating that Apple is likely to face a Justice Department antitrust suit. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli kicked off a new market week by highlighting what will be a huge week full of earnings reports, especially from mega-cap names such as Apple, Amazon, Microsoft, Alphabet and Facebook. Ahead of its quarterly results due out after Monday's close of trading, Facebook is under fire and making headlines regarding leaked internal documents. Reports say that they indicate employees at the social network expressed anger about Facebook's policies on handling misinformation -- including when it came to the 2020 election and the storming of the U.S. Capitol on January 6. The anchors discussed what these developments could mean for the stock and reacted to Facebook's rebuttal to the reports. On the inflation front, Twitter CEO Jack Dorsey tweeted "Hyperinflation is going to change everything. It's happening." But ARK Invest CEO Cathie Wood tweeted a rebuttal saying it's deflation people need to worry about. PayPal announced that "In response to market rumors ... it is not pursuing an acquisition of Pinterest at this time. Shares of Pinterest tumbled and PayPal jumped on the news. Also in focus: Supply chain issues and earnings movers including Kimberly-Clark, an update on the soaring "Trump SPAC" and Treasury Secretary Yellen making the case for her proposal to tax billionaires. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Morgan Brennan and Mike Santoli focused on a barrage of earnings reports in which the supply chain crunch played a big role in quarterly results. Intel shares took a big hit after the chipmaker warned of lower profit margins and missed on quarterly revenue in wake of the global chip shortage. Wedbush Securities' Intel analyst appeared on the program with his take on which chip stocks are best to buy now. Snap was one of the biggest losers of the morning: The parent of Snapchat warned of slowing growth due to the recent changes in Apple iOS privacy rules. The news from Snap also weighed on shares of Facebook, Twitter and Google parent Alphabet. Honeywell posted mixed Q3 results due to what its CEO called a "tough" supply chain environment. A different story for Mattel: The stock up sharply on better-than-expected quarterly results. The toy maker said supply chain disruptions would not prevent it from having a strong holiday season. “Trump SPAC” Day Two: Digital World Acquisition -- The SPAC that is merging with Trump Media & Technology Group -- soared again after more than quadrupling in Thursday’s trading. Also in focus: A new record intraday high for the S&P 500, Pfizer and partner BioNTech said their COVID-19 vaccine is more than 90% effective in kids ages 5 to 11, President Biden considering deploying the National Guard to ease supply chain bottlenecks, Chipotle profit rises on price hikes -- and a Wall Street Upgrade for Zoom Media Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On a busy day full of earnings reports, Jim Cramer and David Faber led off the show with a look at quarterly results from Tesla and AT&T, each beating street expectations. Cramer explains why he's highlighting what he calls the "TAN" stocks -- Tesla, Amazon and Netflix. Facebook's Oversight Board rebuked the company in its transparency reports released a hour before the show, saying the social media giant hasn't been fully forthcoming with how it treats high profile users. Board member Julie Owono appeared on the program to discuss the group's findings. The anchors also interviewed Southwest Airlines CEO Gary Kelly about what he calls "operational challenges" that impacted the carrier's third-quarter results, including thousands of flight cancellations. They also discussed the state of travel demand and Southwest's COVID vaccination policy for employees. Also in focus: More earnings movers, WeWork's public debut, Unilever's price hikes amid supply chain issues, the Ford rally rolls on, plus what drove Blackstone's strongest quarterly results in its 36-year history. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led of the show with quarterly results from Netflix. The stock falling as the company's outlook for the current quarter overshadows its strong subscriber growth of the year, helped in part by "Squid Game." The anchors reacted to what Netflix Chairman & Co-CEO Reed Hastings said on his company's earnings call -- and discussed how Netflix is faring against competitors such as Disney. United Airlines posting a narrower-than-expected third-quarter loss, with CEO Scott Kirby telling CNBC things have "bottomed out" for the carrier and that the spread of the Delta variant of COVID-19 has slowed but not derailed its recovery. Verizon beats street estimates with its Q3 results and raises its 5G demand forecast. The anchors looked at what's ahead for bitcoin, which hit a new record high and surpassed the $66,000 mark. Micron CEO Sanjay Mehrotra joined the program to discuss the chipmaker’s plans for more than $150-billion in capital and R&D spending over the next decade, plus how his company is handling the global chip shortage. Also in focus; Facebook reportedly planning a corporate name change, and what legendary investor Paul Tudor Jones told CNBC about tapering lessons the Fed should learn from 2013. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at two Dow components reporting results. P&G topped earnings estimates despite facing increasing commodity and transportation costs. Johnson & Johnson also beat expectations and raised is full-year outlook, noting strength across all its businesses. The anchors also spoke with SEC Chair Gary Gensler in a wide-ranging interview, including the agency’s Gamestop report as well as the first Bitcoin Futures ETF making its market debut. Also in the mix: Goldman Sachs added Walmart to its conviction buy list, saying the company’s profit rebound can boost that stock nearly 40%. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with stocks coming off their best week in three months. Oil also resumed its rally, hitting its highest level since Oct. 2014 with some traders expecting to see $100/barrel by the end of the year. Staying with energy, David Faber interviewed Chevron CEO, Mike Wirth live from the Milken Global Conference out in Los Angeles, California. Also in focus: Disney got downgraded to ‘equal-weight’ at Barclays, with the firm saying “Disney+ growth has slowed significantly.” And, Zillow shares tanked on a new report that the company has temporarily stopped its home-buying service due to overwhelming demand. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the last of the big banks reporting results, as Goldman Sachs crushed analysts’ estimates on strong investment banking and trading results. The firm produced $3.7 billion in investment banking revenue, an 88% increase from a year earlier. The anchors also hit retail sales increasing by 0.7% for the month of September compared to an estimated 0.2% decline. The increase came during a month when the government ended the enhanced benefits it had been providing during the Covid-19 pandemic and against forecasts that growth would slow in the third quarter due to the delta variant spread and a perceived pullback. Also in focus: An FDA Panel unanimously recommended Moderna Covid booster shots for at-risks adults. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases on Wall Street's rally: Stocks getting a boost from tamer-than-expected wholesale inflation data, weekly jobless claims coming in below 300,000 for the first time since the pandemic began, and earnings from Bank of America, Wells Fargo, Citigroup and Morgan Stanley beating street expectations. Morgan Stanley Chairman & CEO James Gorman appeared on the program and said his company is seeing the fruits of its long-term strategy. the anchors also asked him about his take on Robinhood's trading platform, getting employees back into the office and the state of cryptocurrency. The anchors also took a closer look at the White House's strategy for tackling supply chain bottlenecks -- and President Biden urging the private sector to "step up" and help solve the crisis. Cramer sounded off about what he sees as the lack of urgency in dealing with gridlock at the ports. Also in focus: Walgreen Boots Alliance's earnings beat on stronger demand for COVID-19 vaccines, what Apple joining the rally means about the road ahead for investors, and a why it has been a rough October for shares of AT&T and its rivals. Long-time "Jeopardy" champion Matt Amodio joined the program just days after his 38-show winning streak came to an end. What's he going to do with his $1.5-million in prize money? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the program with a look at the beginning of earnings season. JPMorgan Chase out with better-than-expected quarterly results, with CEO Jamie Dimon saying results were strong despite what he called "the dampening effect of the Delta variant and supply chain disruptions." Cramer highlighted the history of how JPM shares trade on days the bank releases earnings. Delta Air Lines also beat the street, including a quarterly profit for the first time since the pandemic began -- but it also forecasts a loss for the current quarter due to rising fuel costs. The anchors also reacted to what Delta CEO Ed Bastian told CNBC about vaccine mandates and his company's approach to COVID and employees. Nearly three months after Jeff Bezos soared into space, his company Blue Origin sending the original Captain Kirk on a mission: 90-year old William Shatner, two astronauts and a Blue Origin executive set for a launch aboard the company's "New Shepard" rocket. Morgan Brennan joined Carl, Jim and David -- they covered all of the bases ahead of liftoff. The White House expected to announce plans aimed at solving supply chain bottlenecks ahead of the holiday season, including a commitment from the Port of Los Angeles to operate around the clock. Also, a published report says Apple is likely to slash its projected iPhone production targets for 2021 due to the chip shortage. The comes amid Apple's announcement of its October 18 "Unleashed" event, in which the company is expected to unveil products including new MacBooks. Also in focus: What's next for tech stocks, from Apple and other FAANG names to players in the semiconductor sector, consumer inflation hits a 13-year high, and a look back at the life and career of long-time Hasbro CEO Brian Goldner, who died at the age of 58. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored the challenges facing Southwest Airlines: More than 2,000 flights canceled since the beginning of the past weekend, staff shortages and air traffic control issues in the mix, along with Texas Governor Greg Abbott announcing a ban on COVID vaccine mandates in his state -- though Southwest disputes the idea that cancellations are due to employees protesting such a mandate. Southwest Chairman & CEO Gary Kelly appeared on the program and faced tough questions from the anchors on these issues. Carl, Jim and David also discussed new data which show that the return of workers to the office has reached a pandemic high of just over 36%. Also in focus: Markets and inflation - oil prices above $80 and why Cramer thinks the natural gas rally has peaked, the Netflix stock run-up amid buzz surrounding the drama series "Squid Game" and JPMorgan Chase CEO Jamie Dimon telling a finance group event that "bitcoin is worthless" and weighing in on supply chain problems. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber led off the show with a look at what investors should do in wake of the recent rally in energy prices: WTI crude surging to a seven-year high and natural gas up 50% over the past three months. The anchors highlighted Goldman Sachs lowering its U.S. growth forecasts for 2021 and 2022 as the firm expects a "delayed recovery in consumer spending" and no improvement in the global chip supply until next year. Jim and David also discussed a rough start for Southwest: Shares under pressure after the airline announced hundreds of additional flight cancellations on top of the 1,800 that took place over the weekend, citing bad weather, air traffic control issues and staff shortages. Southwest also disputes speculation that its high level of cancellations compared to other airlines were due to employee protests of a COVID-19 vaccine mandate. Speaking of the pandemic, Merck and Ridgeback Biotherapeutics announced submission of an emergency use authorization application to the FDA for their oral COVID-19 treatment. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about when he believes Merck's COVID pill will hit the markets. Changes at the top of KKR: Co-founders Henry Kravis and George Roberts stepped down as Co-CEOs of the private equity firm. The anchors explored what this means for KKR and the world of P.E. Also in focus: Big banks kicking off earnings season later this week, Chinese stocks continue to rebound, Emerson Electric's $11-billion merger deal with Aspen Technology, and as movie theaters look to rebound from the pandemic -- the new James Bond film "No Time To Die" debuts by grossing $56-million at the box office domestically. It was the weekend’s top performer but just shy of consensus estimates. Hosted by Simplecast, an AdsWizz company. See https://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 the big news of the morning: The much-anticipated employment report shows 194,000 non-farm jobs were created in September, well below the 500,000 that economists had been expecting. The unemployment rate fell to 4.8%, but the labor participation rate also declined amid concerns about the COVID-19 Delta variant outbreak. The anchors explored what it all means for investors and the Fed, and whether it means Fed Chair Powell and his fellow policymakers should push back their timeline for tapering. Commerce Secretary Gina Raimondo appeared on the program to discuss the Biden Administration's reaction to the jobs data. She also weighed in on COVID vaccine mandates and the supply chain challenges facing the nation's businesses. The anchors also discussed Tesla's decision to move its headquarters from California and Texas, plus what Elon Musk told investors about Tesla's manufacturing expansion plans and how the electric vehicle maker is navigating the global chip shortage. As movie theaters gear up for the debut of the new James Bond film "No Time to Die," AMC Theatres Chairman & CEO Adam Aron had a message for his critics in a Thursday night tweet: "It feels more like AMC is playing 3-dimensional chess. To the naysayers, I say it loud: #ChokeOnThat." The anchors discussed the road ahead for AMC -- one of the earliest "meme stocks." China also in focus: A strong week for shares of Alibaba -- and Morgan Stanley's Katy Huberty out with a note assessing Apple's supply chain and what it could mean for the new iPhone 13. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at Thursday's market rally: Wall Street hoping that Senate Republicans and Democrats are on the verge of a deal to lift the debt ceiling and stave off a default. The anchors reacted to comments from JPMorgan Chase CEO Jamie Dimon: At yesterday's meeting with President Biden and other CEOs, Dimon warned that failure to increase the debt limit would result in economic "catastrophe." Carl, Jim and David explored the impact of rising energy and commodity prices compared to a year ago and how the markets and companies are handling them. The anchors also reacted to what Levi Strauss CEO Chip Bergh told CNBC about raw materials and navigating cotton pricing. On the pandemic front: Pfizer announced it is asking the FDA to authorize its COVID-19 vaccine for emergency use in children ages 5 to 11. In wake of Facebook whistleblower Frances Haugen's Capitol Hill testimony on Tuesday, the anchors discussed a report from The Wall Street Journal which says Facebook is delaying work on new and existing products while conducting "reputational reviews." Cramer explains why it's time to "give (Mark) Zuckerberg a chance.": Also in focus: Why Moffett Nathanson is upgrading AT&T to "neutral," General Motors' aggressive targets for 2030, signs travel is making a comeback, and Trian's Ed Garden on management teams spending money on ESG. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The morning after Tuesday's rally, Carl Quintanilla, Jim Cramer and David Faber explored a big pullback in the markets amid action in bond yields -- despite much stronger-than-expected ADP September jobs data. Volatility in natural gas prices as Russian President Vladimir Putin says his country is ready to increase gas shipments Europe. The anchors explain what the action in the energy markets means for investors. Facebook and its stock remain in the spotlight: CEO Mark Zuckerberg strikes back after whistleblower Frances Haugen's Capitol Hill Testimony on Tuesday. In a blog post, Zuckerberg denied that Facebook prioritizes profit over safety and well-being, and added that the "argument that we deliberately push content that makes people angry for profit is deeply illogical." At the Active-Passive Investor Summit in New York, David interviewed activist investor Alex Denner about his strategy when it comes to the biotech sector. Dow Inc. Chairman & CEO Jim Fitterling also joined the program on his company's "Investor Day" to discuss his investment plans to boost core earnings by $3-billion annually over the next decade, "with a clear path to zero-carbon emissions." Also in focus: Tech under pressure and betting on the cloud, a look at the auto sector ahead of General Motors' investor event, what's sparking the surge in bitcoin, plus the debt ceiling standoff. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

One day after the tech sell-off dragged Nasdaq to its lowest levels since June, Carl Quintanilla, Jim Cramer and David Faber led off the show with an in-depth look at Facebook: The stock tumbled Monday after Facebook, Instagram and WhatsApp experienced outages for hours -- which followed allegations from Facebook whistleblower Frances Haugen, who accuses the social media giant of allowing the spread of misinformation and putting profits ahead of the public good. The anchors discussed what to expect from Haugen's Tuesday testimony before a Senate subcommittee, what's at stake for CEO Mark Zuckerberg and Facebook stock, a survey indicating Instagram is losing popularity among teens, and Twitter CEO Jack Dorsey appearing to take a shot at Facebook in a one-number tweet. On the pandemic front: Johnson and Johnson officially asked the FDA to approve its COVID vaccine booster shot for emergency use -- and Southwest joined the list of airlines requiring employees to be vaccinated. MGM Resorts CEO Bill Hornbuckle joined the program from the Global Gaming Expo in Las Vegas. Contessa Brewer and the anchors interviewed him about everything from the state of gaming in Vegas and Macau to DraftKings' bid to acquire Entain of the U.K. Also in focus: Cramer's take on buying the dip, what teens are saying about Netflix in a survey, Nike and the China effect, supply chain concerns, PepisCo rises on earnings, and a look at the energy stocks helping to lead the S&P 500 higher. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Facebook under scrutiny: The company's former product manager Frances Haugen revealed her identity as the whistleblower who released a trove of internal Facebook research. She accuses the social media giant of allowing the spread of misinformation and putting profits ahead of the public good. Along with exploring what this all means for Facebook and its stock, the anchors reacted to what Haugen said about the company in a "60 Minutes" interview, as well as the response from Facebook itself. Carl, Jim and David also discussed news out of the auto sector: Shares of Tesla rise after Elon Musk’s company announced it delivered more than 241-thousand vehicles during the third quarter, marking a quarterly record for the automaker. Ford posted a U.S. vehicle sales drop of 17.7% in September from a year ago, but added that reservations for its F-150 Lightning electric pickup truck have surpassed the 150,000 mark. Also in focus: Hedge fund Engine No. 1 announced its support for General Motors’ goal to have a 100% electric car portfolio by 2035 -- as well as an investment in the automaker, Merck shares extend gains on news surrounding the experimental COVID pill it developed with partner Ridgeback Biotherapeutics -- while vaccine makers such as Moderna add to recent stock losses, what's sparking the latest jump in oil and natural gas prices, Qualcomm and an investment firm team up to buy a Swedish automotive tech company in a $4.5-billion deal, plus Jamie Dimon's take on bitcoin and regulating cryptocurrency. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber kick off a new month and quarter by announcing details about Cramer launching the "CNBC Investing Club," which aims to help investors build long-term wealth. A big story out of Merck: The stock surging after the drug maker and its partner Ridgeback Biotherapeutics announced their experimental COVID-19 pill cut the risk of death and hospitalization by 50% in a late stage study. Both companies plan to file for emergency use authorization as soon as possible. Ridgeback Co-Founder Dr. Wayne Holman and Co-Founder and CEO Wendy Holman joined the program to discuss this big development in the war against the pandemic. Also in focus: Zoom Video and Five9 have terminated their nearly $15-billion deal by mutual consent, what to expect from the markets in the fourth quarter after a rough September, Exxon Mobil expects higher oil and gas prices to boost quarterly earnings by as much as $1.5-billion -- and Cathie Wood tweets about peak oil demand. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli take a closer look at the markets as the three major indices aim to end the third quarter in positive territory after a rough September. Supply chain issues in focus: Bed Bath and Beyond shares plummeted on quarterly results and weaker guidance, hurt by a steep drop-off in traffic and supply challenges. New data show China manufacturing activity contracted in September for the first time in 18 months -- when the country was hit hard by the pandemic. The anchors discussed a New York Times story about how retailers are being impacted by shutdowns at their Vietnamese suppliers. Carl harkened back to his reporting from Vietnam in 2019 about that country's manufacturing boom. Carl, David and Mike also reacted to Fed Chair Jerome Powell describing supply chain problems as “frustrating.” Also in focus: Merck's $11.5-billion deal to acquire drug maker Acceleron Pharma, highlights from CNBC's "Delivering Alpha" conference including Chamath Palihapitiya on the markets, the Senate deal to avoid a government shutdown as the House moves toward a vote on the bipartisan infrastructure bill, what to expect from Fed Chair Powell and Treasury Secretary Yellen during their testimony before a House panel -- and the Facebook global head of safety’s appearance at a Senate subcommittee hearing on social media and Instagram’s impact on teens' mental health. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The morning after one of the worst sessions of the year for the markets, Jim Cramer and David Faber led off the show with a look at stocks trying to rebound from the Tuesday sell-off. Jim and David reacted to Senator Elizabeth Warren telling Fed Chair Jay Powell she will oppose his re-nomination, calling him a "dangerous man" to lead the central bank. Cramer called her remarks during Tuesday's Senate Banking Committee hearing "incendiary" and weighed in on the state of the banks. The anchors also discussed the recent spike in natural prices as well as the chip shortage: Micron shares under pressure after the company's guidance disappointed Wall Street analysts. At the Code Conference in Los Angeles, Carl Quintanilla highlighted comments Tesla CEO Elon Musk made at the event on everything from his company's stock price to paying taxes. Speaking of CEOs, United Airlines' Scott Kirby joined "Squawk on the Street" -- Phil LeBeau, Jim and David interviewed him about firing nearly 600 workers who declined to comply with the carrier's vaccine mandate. They also discussed the state of travel demand in wake of the COVID-19 Delta variant outbreak. At CNBC's "Delivering Alpha" conference, J.P. Morgan Asset & Wealth Management CEO Mary Callahan Erdoes spoke about market froth and why she believes Chinese property giant Evergrande is not another Lehman Brothers. Also in focus: Eyewear maker Warby Parker goes public with a direct listing, shares of Dollar Tree jump on a share buyback increase, big tech's rough September, an update on the Zoom Video-Five9 deal, and Carl at Code with highlights of Salesforce CEO Marc Benioff's comments on remote work trends. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber led off with a rough start for the markets: Tech stocks in sell-off mode as the 10-year note yield hits a fresh three-month high. Jim and David focused on the mega-cap tech names and whether now is the time to buy. Speaking of tech: At the Code Conference in Los Angeles, Carl Quintanilla highlighted what AMD CEO Lisa Su said at the event about the chip shortage, Microsoft CEO Satya Nadella's remarks on the search market being a "complete monopoly" and Netflix Co-CEO Ted Sarandos’ comments on streaming, content and legacy movie studios. The anchors previewed testimony from Fed Chair Powell and Treasury Secretary Yellen ahead of their appearance before a Senate Banking Committee hearing on COVID-19 and the economy. Jim, David and Carl discussed Robinhood CEO Vlad Tenev's op-ed in The Wall Street Journal in which he defended his company's trading platform and its users -- and slammed critics who call its app "gamified." The anchors also reacted to what SEC Chair Gary Gensler told the Code Conference. Also in focus: Ford and Korean partner SK Innovation plan to invest $11.4-billion on electric vehicle factories. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at the market action, with the S&P on pace for its worst month since Oct. 2020. The anchors also looked at the jump in energy prices, after Goldman Sachs raised its forecast on Brent crude oil saying it will hit $90 by year-end as supply tightens. Facebook making headlines this morning as well, announcing it is pausing work on ‘Instagram Kids’ after facing backlash. Despite saying this is a “very big change,” Jim Cramer said the news will have little to no impact on Facebook’s stock price. Also in focus: Jim Cramer highlighted Best Buy ($BBY) for ‘Stop Trading’ after Piper Sandler named the retailer as a “top idea.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer began with a breakdown of China’s crackdown on crypto with the country’s central bank saying all crypto-related activities are illegal. China’s comments sent prices of Bitcoin and Ethereum tumbling. The anchors stayed with China and got a live report from Eunice Yoon for the latest surrounding Evergrande’s crisis. Shifting to earnings, the anchors talked supply chain challenges that sent shares of Nike lower, despite the company posting an earnings beat. Jim Cramer says he is “worried about Nike.” Also in focus: Elon Musk says the chip shortage is a ‘short-term’ problem while Sec. Commerce Gina Raimondo says the “situation is not getting better, in some ways it is getting worse.” Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss China’s property market crisis and the Federal Reserve's decision to keep current monetary stimulus in place for just a little bit longer. The Food and Drug Administration has authorized Pfizer and BioNTech’s Covid-19 booster shots for people 65 and older and other vulnerable Americans six months after they complete their first two doses, making many Americans eligible to receive the shots now. Toast shares soared 56% in their New York Stock Exchange debut Wednesday after the provider of technology to restaurants priced its IPO above its expected range, Jim Cramer shares his skepticism. Dell says Q3 2022 expectations remain consistent with guidance after its spinoff of VMWare. Joby Aviation shares jumped almost 8% after Morgan Stanley initiated coverage of the stock with an overweight rating. The investment firm said in a note that Joby appears to have a head-start on getting its in-development vehicles certified by regulators compared to its competitors. Plus, CNBC’s Rick Santelli discussed how yields have fared throughout the year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

One day after a Wall Street rally fizzled, Carl Quintanilla, Jim Cramer and David Faber discussed the markets' attempt at another surge as fears surrounding Evergrande begin to ease: The Chinese property giant set to make its domestic bond payment on time. The anchors look at whether or not that development means now's a good time to buy into sectors such as materials. Cramer speaks out on why he believes China's President Xi has "overreached" when it comes to crackdowns in his country. Wall Street also bracing for Wednesday afternoon's Fed decision, policy statement and news conference with Chair Jerome Powell. The anchors reacted to JPMorgan Chase Chairman and CEO Jamie Dimon telling CNBC he believes the Fed could be forced into a sharp move next year. Shares of FedEx tumble after the company posted a big quarterly miss on the bottom line and cut guidance, citing the impact of labor shortages and rising costs. Media and streaming also in the spotlight: Brian Roberts, the Chairman and CEO of CNBC parent Comcast, told the Goldman Sachs Communacopia Conference the company is looking at new partnerships outside of the U.S. for its Peacock service. This comes after Disney CEO Bob Chapek told the conference why his company projects lower subscriber growth in its fiscal fourth quarter. Also in focus: More earnings movers including Adobe -- shares fall despite better-than-expected quarterly results, an update on DraftKings' $22.4-billion takeover offer for U.K.-based sports-betting company Entain, and Salesforce Chair and CEO Marc Benioff blasts Facebook for how it handles misinformation on the social network. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at a rebound for stocks one day after worries surrounding Chinese property giant Evergrande helped to spark the worst sell-off for the S&P 500 in four months. The anchors discussed whether now is the time to get in on stocks that took a hit due to China exposure. They also highlighted a note from Bank of America which says that Apple "has navigated the China relationship admirably" but added that a "resurgence of national sentiment" could impact iPhone sales. On the pandemic front, Johnson & Johnson out with data showing a booster shot of its COVID-19 vaccine -- given two months after the first dose -- provided 94% protection in the U.S. and 75% globally. Uber shares up sharply on the company's outlook. Carl, Jim and David reacted to Uber CEO Dara Khosrowshahi's comments to CNBC about why he believes his company is on the track to profitability. They also discussed Uber, Lyft, DoorDash and Airbnb -- all participating in the rebound rally -- and reacted to Airbnb CEO Brian Chesky talking to CNBC about how his company has adapted to travel changes in wake of the pandemic. David Faber reports that DraftKings has made a $20-billion stock and cash takeover offer for U.K.-based online sports betting company Entain. Also in focus: The two-day Fed meeting, plus what to expect from President Biden's first address to the United Nations General Assembly as President of the United States. Hosted by Simplecast, an AdsWizz company. See https://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 week with a breakdown of the market sell-off, sparked by worries about contagion from the problems of Chinese property giant Evergrande. The company has hundreds of billions in debt and risks defaulting on a payment this week. The anchors also looked at where this week's Fed meeting, Washington's haggling over the reconciliation bill and the debt ceiling fit into the market picture, with Treasury Secretary Janet Yellen saying in an op-ed that Congress' failure to raise the debt limit would result in "economic catastrophe." Cramer calls this a "faux perilous" moment, adding that everything could be contained by "responsible politicians." He also talks about the September slide and how investors should approach what has been historically a rough time of the year for stocks. Carl, Jim and David also discussed Pfizer and BioNTech's announcement of new data showing their COVID vaccine is safe and generates what they call a "robust" immune response in a clinical trial of kids ages 5 to11. The anchors reacted to Pfizer board member and former FDA commissioner Dr. Scott Gottlieb's comment to CNBC, in which he said a vaccine for kids could be available as early as late October 2021. Also in focus: The U.S. planning to ease travel restrictions for foreign nationals who are vaccinated against COVID, a look ahead to this week's earnings from companies including Nike, why cryptocurrencies are under pressure, and "SPAC-ulation" intensifies. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber cap a roller coaster week for the market with a look at the tug-of-war between economic data versus supply chain issues and what's at stake for stocks. Pfizer and Moderna pushing for COVID vaccine booster shots ahead of a key FDA advisory committee meeting. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about the age factor when it comes to administering boosters. Lots of electric vehicle news: Lucid shares extended sharp gains from Thursday, after the Environmental Protection Agency gave one of the startup's luxury sedans a record mileage rating of 520 miles. Tesla CEO Elon Musk complimented Chinese automakers in pre-recorded remarks to a green-vehicle conference in China, while Ford says it is ramping up production of its all-electric F-150 Lightning pickup truck. The anchors also discussed President Biden making the case for hiking taxes on corporations and the wealthy to pay for a $3.5-trillion reconciliation package while facing opposition from Sen. Joe Manchin (D-WV) who thinks the price tag is too high. Carl, Jim and David reacted to Mark Cuban's tweet that cryptocurrency "regulation built around existing fraud laws is not a bad thing" -- and looked back at what SEC Chair Gary Gensler told them, about crypto during Wednesday's interview. Also in focus: This week's strong Wall Street debuts from the likes of drive-through coffee chain Dutch Bros. and Swiss sneaker company On Holding, a closer look at the size of SPAC redemption, proxy advisor Institutional Shareholder Services recommends a "no" vote on Zoom Video's deal to acquire Five9, and tech CEOs Tim Cook, Elon Musk and Jensen Huang are added to the 2021 "Time 100" list. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Mike Santoli led of the show with market reaction to government retail sales data for August showing a surprise gain of 0.7%, despite the COVID-19 Delta variant outbreak. They also discussed two Wall Street notes on Delta and the consumer: Bank of America says a pickup in consumer spending could be an "early sign that the Delta-lull is passing and a mini-reopening cycle starting," while J.P. Morgan says several indicators "are pointing to an inflection in the Delta variant, setting up for a powerful holiday season (unlike last year)." At the Kennedy Space Center in Florida, Morgan Brennan recapped the historic "Inspiration4" all-civilian flight to orbit launched by Elon Musk's SpaceX -- and looked at how space-related stocks such as Virgin Galactic are reacting to the mission. Morgan also interviewed Canadian Pacific CEO Keith Creel and Kansas City Southern CEO Patrick Ottensmeyer after both railroad operators agreed to merge in a $27-billion deal, bringing an end to a long, drawn-out bidding war for KCS between CP and Canadian National Railway. Also in focus: Cathie Wood's Ark funds reportedly sold more shares of Tesla – this time 81,600 valued at about $62-million, Cisco rises on a growth forecast and upgrades (Carl and Mike react to what the company's CEO Chuck Robbins told CNBC), why shares of American Express, Chipotle and DoorDash saw gains in early trading, the Fed to re-examine ethics rules surrounding stock trading by Fed officials, and Senator Elizabeth Warren (D-MA) calls for a ban on Fed officials owning and trading individual stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

SEC Chair Gary Gensler joined "Squawk on the Street" for an exclusive interview. David Faber, Jim Cramer and Carl Quintanilla discussed a wide range of topics with Gensler: Cryptocurrency, Robinhood - specifically in terms of a potential payment for order flow ban - the SPAC market, China and finally the Archegos fallout and the market for total return swaps. As for the market action, the anchors took a closer look at Apple one day after the company's product launch event featuring the new iPhone 13 lineup and other devices. Also in focus: Microsoft boosts its dividend by 11-percent and approves a $60-billion stock buyback program, casino stocks in the U.S. and Hong Kong tumble again on worries about tighter regulations in Macau, the natural gas price rally rolls on, Canadian National will not improve its offer to buy Kansas City Southern, and fallout for Facebook on a report that says company research shows the social network knows Instagram is toxic for teen girls. Hosted by Simplecast, an AdsWizz company. See https://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 inflation data that gave futures an early boost: The Consumer Price Index for August coming in up 0.3-percent -- the lowest level in seven months -- with the core rate (minus food and energy) up 0.1-percent. Both readings tamer than Wall Street estimates. Cramer says that CPI "flies in the face of the bearish narrative" on the markets, though he added to keep an eye on seasonality and that we could be in for the roughest four months of the year. The anchors also previewed SEC Chair Gary Gensler's testimony before the Senate Banking Committee, including planned remarks about regulating cryptocurrency and referencing the "Wild West." Carl, Jim and David also explored what to expect from Apple's product event -- the company slated to unveil new iPhone models and other devices. Goldman Sachs announced a change in its executive ranks: Stephen Scherr will step down as CFO at the end of the year. Also in focus: A $4,700 price target for Amazon, casino stocks tumble on worries about Macau ramping up government supervision of gaming operations, Sen. Elizabeth Warren (D-MA) calls on the Fed to break up Wells Fargo, Intuit buys Mailchimp for $12-billion in cash and stock, Boeing raises its jet demand forecast, and Rep. Alexandria Ocasio-Cortez (D-NY) wears a "Tax the Rich" dress to Monday night's Met Gala in New York City. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the Dow and S&P 500 each looking to snap a five-session losing streak, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at what's next for the markets. Supply chain and inflation issues in the spotlight after 3M said " the rising price of raw materials, labor and logistic" would hurt the company's bottom line. The anchors also reacted to Nike being downgraded by BTIG because of supply concerns. The potential for tax hikes on Wall Street's radar as Capitol Hill Democrats work on a reconciliation package. The anchors discussed a note from Goldman Sachs strategist David Kostin in which he says "Tax reform ... is the key risk to US equities through year-end 2021." They also reacted to comments by Senator Joe Manchin (D-WV) to NBC's "Meet The Press" reiterating his objection to a $3.5-trillion price tag. On the railroad M&A front, Kansas City Southern declaring Canadian Pacific's $31-billion takeover offer to be "superior" to a rival bid from Canadian National. Also in focus: "Fortnite" maker Epic Games appeals the Friday court ruling that said Apple was not running an illegal monopoly with its app store, Disney says its remaining movie slate for 2021 will be released exclusively in theaters, why energy stocks are driving the S&P 500 higher, and Goldman Sachs initiates coverage of several internet-related names -- Amazon, Facebook and Alphabet among those rated a "buy," while Airbnb and Twitter were slapped with "sell" ratings. David explains what's behind the surge in uranium prices. Hosted by Simplecast, an AdsWizz company. See https://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 reflections on 9/11 twenty years later, including a look back at what David and the late Mark Haines said on CNBC after the World Trade Center's twin towers were struck. The NYSE and Nasdaq each observed a moment of silence prior to the opening bell. Don Carty was the CEO of American Airlines parent AMR on 9/11 twenty years ago. He appeared on the program and shared his recollections of that day -- as well as his thoughts on how the airline industry has rebounded. Bob Pisani looked back at how 9/11 forever changed New York's financial district. As for the markets, Carl, Jim and David took a closer look at stocks with the Dow and S&P 500 in the midst of a four-day losing streak. They discussed President Biden's Thursday phone call with China's President Xi. Cramer offered his take on how investors should assess this development. The anchors also looked at where China's crackdown on tech companies fits into the picture. Speaking of tech, shares of "buy now, pay later" company Affirm soared on upbeat revenue and guidance. The anchors reacted to what Affirm Co-Founder & CEO Max Levchin told CNBC about his company benefiting from customer satisfaction. Also in focus: Pres. Biden's new COVID-19 mandates and the reopening trade, Take-Two Interactive delaying new versions of "Grand Theft Auto" by four months, plus the latest on Coinbase vs. the SEC. Hosted by Simplecast, an AdsWizz company. See https://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 a look at COVID and the Delta variant's impact on the markets, as the Dow and S&P 500 are in the midst of a three-day losing streak. Airlines including Southwest, United and Delta say they have seen cancellations and softness in booking due to the variant outbreak. The anchors also reacted to Wednesday comments from Dallas Fed President Robert Kaplan about COVID's resurgence and impact on the travel, hospitality and leisure industries. Kaplan said that as a result, the Dallas Fed would be revising its Q3 GDP forecast downward to six-percent growth. On the earnings front, GameStop shares down sharply after posting a narrower quarterly loss that still missed street estimates, though revenue did top forecasts as sales grew more than 25-percent. Carl, Jim and David discussed CEO Matt Furlong ending GameStop's conference call without taking questions from analysts. On the flip side, shares of Lululemon surged on upbeat earnings and guidance, helped by strong direct-to-consumer sales. A new development regarding China's crackdown on tech: NetEase, Tencent and other videogame companies have been summoned by authorities in Beijing -- and ordered to follow new rules for the online-gaming industry. Tech investor Cathie Wood says her Ark funds have reduced their positioning in China "dramatically." Also in focus: Macy's shares jump on an upgrade from Cowen, President Biden to announce a vaccine requirement for federal workers, what the CNBC Post-SPAC Index is telling us about SPAC valuations, Morgan Stanley downgrades Cisco, and Tom Brady appears in an ad for crypto exchange FTX set to air during the Bucs-Cowboys telecast which kicks off the NFL season. Hosted by Simplecast, an AdsWizz company. See https://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 by discussing Jim's first take on the market since his return from vacation. He said "the remarkable staying power of technology has kept this market afloat" in the face of inflation fears, the COVID-19 Delta variant outbreak, Fed taper talk and worries about a growth slowdown. Cramer explained why he believes big tech will retain its leadership role. Speaking of tech, the anchors discussed PayPal's $2.7-billion deal for Japan's Paidy and what it could mean for the payments landscape as the "buy now, pay later" market heats up. Coinbase shares falling after the largest crypto exchange in the U.S. said the SEC is threatening to sue the company over its planned "Lend" product that would allow users to earn interest by lending crypto assets. The anchors reacted to how Coinbase CEO Brian Armstrong responded on Twitter to the SEC's Wells notice and defended his company's product. Lots of news regarding Apple: The stock entering Wednesday's session at record highs on the heels of the company announcing a product launch event slated for September 14, Morgan Stanley's Katy Huberty out with a note on Apple saying the recent App Store headlines have more bark than bite, and Ford announcing it has hired away Doug Field from apple to lead the automaker's emerging technology efforts. Field had been working on Apple's secret car project. Also in focus: The move in Bitcoin after Tuesday's brief 17-percent drop, China-based stocks and the latest on Beijing's crackdown, BlackRock responds to billionaire investor George Soros' criticism of its China investments, and Dallas Fed President Robert Kaplan reportedly made multiple stock trades of a million dollars or more last year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Morgan Brennan and Mike Santoli led off the program with the top story of the morning: A big miss in the government's August jobs report, reflecting worries about the Delta variant outbreak. The report shows the economy created 235,000 non-farm jobs last month. Wall Street expected a gain of 720,000. The unemployment rate fell to 5.2-percent -- in line with forecasts -- while wage growth doubled economists' estimates on a month-to-month basis. Grant Thornton Chief Economist Diane Swonk and J.P. Morgan Asset Management Chief Global Strategist David Kelly joined the anchors for a roundtable discussion on what the jobs report means for stocks, the Fed and the recovery. David, Morgan and Mike stayed on top of stocks related to the China crackdown on tech. Shares of Didi rose after a published report said Beijing city is considering taking a stake in the ride-hailing company -- and possibly bringing it under state control. In news involving a well-follower railroad takeover battle, David reported the board of Kansas City Southern is expected to meet to deem Canadian Pacific's bid likely to lead to a superior proposal. Also in focus: Apple delays its plan to scan iPhones for child exploitation, what's driving this week’s Netflix rally, earnings winners from Broadcom to Docusign, and a profile of the state with the worst infrastructure in the U.S. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Leslie Picker and Mike Santoli explored the road ahead for stocks as the S&P 500 hits a fresh record high. A Wall Street analyst joined them to discuss Apple and Alphabet hitting all-time highs and how you should put your money to work in big tech. The anchors also discussed the remnants of Hurricane Ida, which battered the Northeast U.S. and resulted in massive flooding, record rainfall, tornados and deaths. Leslie showed video and a photo of her morning commute, which highlighted flooding and damage. Autos in the spotlight: Ford vehicle sales tumbled more than 33-percent in August. The anchors and Phil LeBeau discussed everything from Ford cutting back F-150 production in wake of the chip shortage -- to tech investor Cathie Wood tweeting that "Auto buyers are abandoning gas powered vehicles in favor of electric." Also in focus: Shares of Chewy fell sharply after the pet products retailer posted a quarterly miss, Didi and the China crackdown on tech - Beijing ordering eleven ride-hailing platforms to stop "unfair competition tactics", Baxter International confirming it is acquiring medical technology rival Hill-Rom in an all-cash deal valued at $10.5-billion, Hormel falls after downgrading its outlook, Why food company valuations are compressed, and the bankruptcy plan for OxyContin maker Purdue Pharma was approved by a federal judge. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the first trading day of September, David Faber, Leslie Picker and Mike Santoli explored what's next for stocks after an August in which the S&P 500 extended its monthly win streak to seven. They looked at what history tells us about market performance in September. The Nasdaq rose to a new all-time high: Can big tech/FAANG keep the upward momentum going? Financials were the best performing sector in August with a five-percent gain. The anchors asked Piper Sandler analyst Jeff Harte which bank stocks are most likely to extend the rally. The damage from Hurricane Ida also in focus: Frank Holland reports from New Orleans on the power outage situation in Louisiana. An executive of a group representing owners of thousands of Louisiana service stations and convenience stores joined the program to discuss how they're coping with gasoline shortages due to Ida. David, Leslie and Mike took a closer look at Cathie Wood's buy on the dips strategy - the tech investor snapped up more than $56-million worth of Zoom Video shares after the stock tumbled on Tuesday. She also bought about 260,000 shares of Robinhood. Also in focus: PVH and Campbell Soup among the biggest gainers on earnings news, Why shares of electric vehicle startup Lucid have taken another big hit, and an eye-opening development in the railroad takeover battle for Kansas City Southern. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Morgan Brennan and Mike Santoli led off the show with a look at the markets on the final trading day of August, which has been a strong month for tech stocks. That discussion was followed by Frank Holland’s live report from New Orleans on the catastrophic damage caused by Hurricane Ida, as more than one million Louisiana residents could be without power for weeks. Rod West -- Entergy Group President, Utility Operations -- joined the program to discuss the challenges the New Orleans-based utility faces in providing electricity to customers and restoring the power grid that was destroyed by Ida. The anchors also highlighted the big stock story of the morning: Shares of Zoom Video tumbling on the company's slower growth outlook as more people return to the office and to school. That news overshadowed better-than-expected quarterly results. Staying on tech, a semiconductor analyst from Mizuho appeared on the show discuss the recent chip stock rally and which names he thinks will power the sector's record run. Also in focus: Why China-based stocks are rebounding, SEC Chairman Gensler's comments and their impact on Robinhood stock, and what's behind the rise in SPAC redemption rates. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Morgan Brennan and Mike Santoli kicked off the show with the latest on the damage caused by Hurricane Ida, going to a live report from CNBC's Valerie Castro on the ground in New Orleans, which has been hit by a power outage -- more than one million people in Louisiana and Mississippi without power as a result of Ida, which was downgraded to tropical storm status. The anchors and a Wall Street analyst discussed Ida's impact on the energy sector, with regulators saying that 95-percent of oil production in the Gulf of Mexico due to the hurricane. David, Morgan and Mike also looked at the market week ahead with the S&P 500 hitting fresh record highs. Veteran strategist Ed Yardeni joined the program to discuss what he calls an "earnings-led melt-up" in the S&P 500. Space-related stocks among the big movers: Satellite services provider Globalstar soared more than 60-percent following a report in AppleInsider that the iPhone 13 will have the ability to utilize satellite communications, while Astra Space shares plummeted after its rocket once again failed to reach orbit. Also in focus: Shares of digital payments specialist Affirm Holdings soar more than 40-percent on news of the company's partnership with Amazon, China to limit videogames for young people, how insurance stocks are moving in reaction to Hurricane Ida, the EU suspends non-essential travel from the U.S. due to the Delta variant outbreak, plus medical technology M&A: David Faber reporting that Baxter International is near a deal to buy Hill-Rom for $156 per share. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli led off the show with a preview of Fed Chair Jerome Powell's speech to the Jackson Hole virtual symposium and what it could mean for markets, with Wall Street looking for clues about Fed policy when it comes to inflation and tapering as the Delta variant outbreak impacts the economy. Steve Liesman interviewed Cleveland Fed President Loretta Mester about her perspective on tapering, inflation and supply constraints, plus the role COVID vaccinations are playing in the recovery. The anchors also reacted to the big movers of the morning: Peloton falls after reporting a wider-than-expected quarterly loss and stating in an SEC filing that it has been subpoenaed by the government for documents on injuries related to its products. A different story for Gap -- shares higher on better-than-expected quarterly results and raised guidance, power by strong demand for its Old Navy and Athleta brands. Also in focus: Apple says it has resolved a class-action lawsuit from U.S. developers over its App Store policies, Dell Technologies and HP fall despite earnings beats, and what's driving the rally in energy stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The morning after fresh record closing highs for stocks, Carl Quintanilla, Jim Cramer and David Faber led off the show with a look at a pair of tech earnings movers: Shares of Salesforce and Snowflake each getting a lift from their respective quarterly results. The anchors reacted to what the CEOs of both companies told CNBC about their numbers, and explored what's next for stay-at-home players such as Zoom in wake of companies pushing back their return to office plans due to the Delta variant outbreak. Retail earnings also on the front burner: Williams-Sonoma shares surge on upbeat quarterly results and guidance -- plus a 20-percent dividend hike, while Dollar General and Dollar Tree saw their shares slump as both retailers issued guidance below street estimates -- this in wake of supply chain issues. Ahead of Fed Chair Powell's Friday speech to the Jackson Hole virtual Fed summit, the anchors reacted to comments St. Louis Fed President James Bullard made to CNBC about how soon policymakers should taper to combat inflation. Also in focus: Banks in the green including JPMorgan Chase trading at a two-month high, The debate over whether government benefits are a major disincentive for people to return to work - and where "gig stocks" fit into the picture, and "SPAC on the Street" including Forbes’ plans to go public, plus another day in which a SPAC is doubling after the opening bell. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed the road ahead for the market on another record-setting day for the Nasdaq. Johnson & Johnson says its COVID vaccine booster shot generated a positive immune response in early trials. The anchors explored what this means for the reopening trade as more companies institute vaccine mandates. Carl, Jim and David followed up on the "meme stock madness" after GameStop and AMC Entertainment each posted gains of more than 20-percent in Tuesday's session. Retail stocks also in the spotlight: Nordstrom shares tumble despite beating analyst expectations with its quarterly results, while Dick's Sporting Goods sees its stock soar in reaction to an earnings beat and dividend hike. The anchors took a closer look at the chip sector: Everything from Nvidia announcing its computer platform will be used in an U.S. Department of Energy supercomputer (and where Intel fits into the story) - to the state of the chip shortage and its impact on the auto industry. Also in focus: What to expect from the White House cybersecurity summit including the big tech CEOs, plus a "Faber Report" on SPACs -- and why one SPAC soared more than 170-percent right after the opening bell. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored the reasons behind a big rally in shares of China-based companies. One of the catalysts: Cathie Wood's Ark Invest buying almost 165,000 shares of JD.com. The reopening trade very much in focus one day after the FDA fully approved Pfizer's COVID-19 vaccine. Airline and cruise stocks extending Monday's gains. The anchors discussed everything from the push for vaccine mandates to why the White House isn't doing more to promote use of Regeneron's monoclonal antibody treatment for COVID. Medtronic CEO Geoffrey Martha joined the program to discuss his company's outlook in wake of the pandemic, as well as quarterly results showing stronger demand for medical devices. The anchors reacted to reports the FAA is set to review how Boeing employees handle safety matters on the agency’s behalf after some company engineers said they face undue pressure. Carl, Jim and David also took a closer look at Apple on Tim Cook's tenth anniversary as CEO of the tech giant: The stock up 1000-percent since Cook succeeded the legendary Steve Jobs. Also in focus: A fresh record high for the Nasdaq, Best Buy jumps on earnings, Palo Alto Networks soars on quarterly results, Airbnb CEO Brian Chesky tweets that the company "will begin housing 20,000 Afghan refugees globally for free," and an update on the lawsuit against a SPAC backed by billionaire investor Bill Ackman. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.