Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber discussed what's ahead for the markets this week in light of the big news of the morning: The FDA officially granting full approval to the Pfizer/BioNTech COVID-19 vaccine. The anchors discussed what this development could mean for the reopening trade, vaccine mandates and getting workers back into the office. Carl, Jim and David also reacted to former FDA Commissioner Dr. Scott Gottlieb's comments to CNBC about businesses mandating vaccine shots for workers. The Fed also in the spotlight ahead of Friday's Jackson Hole symposium, which is going virtual due to the Delta variant outbreak. The anchors explored whether Fed Chair Jerome Powell should hold off on his tapering strategy until we get more answers about how long Delta will impact the recovery. Also in focus: Bitcoin jumps back above $50,000 for the first time since May, a number of Wall Street firms initiating coverage of Robinhood nearly a month after its public debut, shares of Uber, Lyft and DoorDash take a hit after a California judge ruled the state's "gig worker" law to be unconstitutional, and Sir Richard Branson's Virgin Orbit satellite launch service planning to go public by combining with SPAC "NextGen Acquisition Corp. II" in a $3.2-billion deal. 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 Morgan Brennan started the show with a look at markets, with the Dow on pace for its worst week since June. The anchors also brought up big businesses dealing with COVID concerns, as Apple said that its staff won’t be returning to the office until January. CNBC’s auto & airline reporter Phil LeBeau also joined with highlights from Tesla’s A.I. event yesterday, where the company announced it is working on a humanoid robot with a prototype supposedly coming ‘sometime next year.’ Also in focus: Foot Locker wrapped up a big week of retail earnings, with the stock soaring on this morning’s results, and former Cypress Semi CEO T.J. Rodgers talked the ongoing chip shortage, saying “this is going to be over by the end of this year – for most stuff we buy.” 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 look at the market action, with stocks coming off their worst day in a month. The anchors also hit some of the big earnings movers, including Robinhood. Shares were down after the company reported its first quarterly results since going public. Robinhood did double its revenue last quarter, but the app also warned of a slowdown in trading activity. Another big name under pressure was Cisco, with CEO Chuck Robbins joining the anchors for an exclusive interview. Later that hour, Phil LeBeau reported some breaking news as Toyota said it expects to see a drop in production due to the ongoing chip shortage, set to cut global production by around 40% in September. Shares of the automaker slid sharply on the news. 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 the latest retail earnings as Target, Lowe’s and TJX Companies all reported before the market open. Although Target and Lowe’s both beat analyst expectations the stocks moved in opposite directions, with Target shares in the red. The anchors also discussed Minneapolis Fed President Neel Kashkari slamming the crypto market, saying “Cryptocurrency is 95% fraud, hype, noise and confusion.” For Cramer’s ‘Mad Dash’ he highlighted the growth in Nucor with that stock up more than 150% over the last 12 months. Also in focus: Big earnings to watch after the bell with Cisco, Nvidia & Robinhood set to report. This will be the first quarterly results for Robinhood since going public. 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 closer look at yesterday’s record close with the S&P 500 doubling from its pandemic bottom, marking the fastest bull market rally since WWII. The anchors then shifted to a pair of big retailers reporting results. Home Depot saw shares slide at the open despite posting a beat on both the top and bottom lines. Contrastingly, Walmart was among the biggest gainers on the Dow with the company receiving a boost from strong grocery sales and back-to-school spending. The anchors also discussed Michael Burry of ‘The Big Short’ betting big against Cathie Wood and her flagship ARK Innovation exchange-traded fund. Also in the mix: Jim Cramer highlighted Airbnb for his “Stop Trading” segment, saying “I like Airbnb more than any hotel during this period.” 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 closer look at the Fed, as the group’s open market committee looks to be coalescing around a plan to announce it will taper its asset purchases in September and begin reducing them a month or so after. Following the market discussion, CNBC Correspondent Dan Murphy joined for a live report on the ongoing situation in Afghanistan, including a look at the chaotic scenes at the Kabul airport. The anchors also discussed Tesla shares sliding after the National Highway Traffic Safety Administration opened a formal investigation into the company’s autopilot system. CNBC’s auto and airline industry reporter Phil LeBeau broke down the latest details. Also in focus: Bitcoin is back to its highest level since May, Intel’s Pat Gelsinger pushes for billions in government subsidies to build more chip plants, and T-Mobile investigates claims of a data breach that involves the personal data of over 100 million users. 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 led off the show with Disney, whose better-than-expected quarterly results drove the stock higher, leading the Dow and S&P 500 to new record intraday highs. The anchors reacted to what Disney CEO Bob Chapek's told CNBC about Disney+ adding subscribers despite a hike in the streaming service's rates. They also looked at how the company's theme parks are faring in light of rising COVID cases and the debate in Florida over requiring vaccinations and mask wearing. Sticking with the pandemic and the reopening trade, the Food and Drug Administration has authorized COVID vaccine booster shots for people with weakened immune systems. Carl, Morgan and Mike reacted to former FDA Commissioner Dr. Scott Gottlieb's comments to CNBC about the need for a third shot. The anchors also discussed the latest developments regarding companies' vaccine requirements and return to work plan revisions. U.S. Chamber of Commerce CEO Suzanne Clark joined the program to discuss the $1-trillion bipartisan bill passed by the Senate, labor shortages and what's at stake for corporate America. Also in focus: Market reaction to quarterly results from the likes of Airbnb and DoorDash, an update on the railroad bidding war over Kansas City Southern, a rough week for the chip stocks, and why FTC Chair Lina Khan is saying antitrust regulators should take a tougher approach when it comes to defense industry mergers. 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 the Dow and S&P 500 posted record closing highs, Carl Quintanilla, Jim Cramer and David Faber led of the show with new wholesale inflation data: Producer prices for July coming in hotter than expected, rising one percent from the previous month and up 7.8-percent year-on-year. They explored how Fed Chair Jay Powell is approaching inflation and the recovery amid the Delta variant outbreak -- and reacted to comments from Dallas Fed President Robert Kaplan, who told CNBC that he'd "rather take the foot off the accelerator soon" when it comes to bond purchases. Cramer explains why it's time to nix the term "taper tantrum." COVID and the reopening trade also in focus: The FDA is on the verge of authorizing a third COVID vaccine dose for immunocompromised people, Moderna shares trying to rebound after Wednesday's 15-percent drop, and McDonald's and CNBC parent NBCUniversal joining the list of companies revising their return to work plans and announcing vaccination requirements for certain employees. With airline stocks under pressure, the anchors discussed data from Bank of America showing a pullback in credit card spending, with the biggest deceleration coming from spending on airfare -- which reflects concerns about the Delta variant. Also in focus: The outlook for chip stocks as Micron falls on a Wall Street downgrade, What to expect from Disney's quarterly results after the bell, and market reaction to earnings movers including eBay, Palantir, Bumble, Sonos and snacks maker Utz Brands. 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 another record day for the Dow and S&P 500, sparked by inflation data showing consumer prices in July did not rise by as much as investors feared. CPI rose 0.5-percent last month and increased 5.4-percent year-on-year. The anchors explored what it all means for investors and the Fed. As for the reopening trade, Southwest shares fell after the airline said cancellations have increased in August due to concerns over the Delta variant, making it difficult to be profitable for the current quarter. The anchors also discussed decisions by Southwest, American and Delta to not require their employees to get COVID vaccinations, unlike United's mandate. President Biden's economic agenda also in the spotlight after Senate narrowly passed a $3.5-trillion budget blueprint one day after a $1-trillion bipartisan infrastructure bill was approved in the chamber. The anchors discussed the stocks most likely to benefit from infrastructure legislation -- especially the big rally in steel stocks -- and reacted to what Nucor's CEO told CNBC about the bill. Crypto in the mix as Coinbase posts better-than-expected quarterly results -- and SEC Chairman Gary Gensler tells Senator Elizabeth Warren that the SEC needs more regulatory authority over cryptocurrency. Also in the mix: Electric air taxi startup Joby Aviation goes public via a SPAC deal, an update on the railroad bidding war for Kansas City Southern, meme stock mania, retail's upward momentum led by Home Depot, a report which says American Express is postponing its return to the office plans because of the Delta variant outbreak, and shares of Wendy's get a lift on earnings but the company formerly known as Weight Watchers plummets. 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 by highlighting one of the day's biggest gainers: AMC Entertainment posting better-than-expected quarterly results as moviegoers returned to its theaters. The company also announcing plans to accept payments in bitcoin by the end of the year, plus a deal with Warner Bros. to show the studio's 2022 movie slate in theaters for 45 days. Jim and David discussed those issues and more in a wide-ranging interview with AMC Entertainment Chairman & CEO Adam Aron, who also weighed in on his company's valuation in wake of the meme stock frenzy: Shares of AMC up more than 1500-percent this year alone. The anchors also explored new developments in a railroad bidding war: Canadian Pacific confirming a new takeover offer for Kansas City Southern -- a cash and stock bid valued at $300 per share or $27-billion excluding debt that CP believes to be "superior" to the merger deal Canadian National Railway struck with KCS earlier this year. CN responded by calling the new CP offer "inferior". Also in focus: Countdown to the U.S. Senate vote on the bipartisan $1T infrastructure bill, consumer investment plays from big tech to retail, and Moderna's march toward a $200B market value. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a record-setting week for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed some eye-opening news on the commodities front: Gold fell nearly 4.5-percent due to an early morning "flash crash" before recouping some of those losses, while crude oil prices tumbled on worries about the Delta variant in China, whose government announced measures to combat the outbreak. In the U.S., the seven-day average of COVID cases surpassing 100,000 for the first time in six months. Separately, a federal judge ruled that Norwegian Cruise Line can ask passengers for proof of COVID vaccination, temporarily blocking a Florida law banning that practice. The anchors explored what the recent COVID developments could mean for the reopening trade -- and reacted to Dr. Scott Gottlieb telling CNBC why he believes the epidemic won't last through the fall. Also in focus: The Wall Street upgrade that's lifting Tesla's stock, the earnings report card for Warren Buffett's Berkshire Hathaway, "M&A Monday" including DraftKings agreeing to buy Golden Nugget Online Gaming in an all-stock deal, and the Senate moving a step closer to passing a bipartisan $1T infrastructure bill and what it could mean for crypto as Bitcoin hits a fresh three-month high. The CEO of Plug Power appeared on the program and discussed what the bill could mean for the maker of hydrogen fuel cell systems. 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 Morgan Brennan led off the show with the big news of the morning: The government's July employment report shows non-farm payrolls rose 943,000 last month -- the largest in almost a year -- while the unemployment rate fell to 5.4-percent. The news sending the Dow and S&P 500 to record highs. The anchors discussed whether such momentum could continue in wake of rising COVID cases due to the Delta variant. Labor Secretary Marty Walsh joined the program to discuss the jobs report and the state of the recovery amid the pandemic. Carl, David and Morgan also engaged in a markets and jobs roundtable discussion with Grant Thornton Chief Economist Diane Swonk and J.P. Morgan Asset Management Chief Global Strategist David Kelly. Robinhood's wild ride also in the spotlight: Shares rebounding one day after tumbling 27-percent on news about the company filing for a 97.9 million stock sale. The anchors interviewed DraftKings CEO Jason Robins about his company's better-than-expected quarterly results and the business of sports betting, especially when it comes to the NFL. Also in focus: Earnings winners and losers including Expedia -- shares down sharply on a wider-than-expected quarterly loss and the company's comments about the Delta variant's impact on travel. Plus, highlights from Thursday night's episode of "Jeopardy!" with David as guest host and a look ahead to Friday night's final episode with him as host of the iconic game show. 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 shares of Robinhood soared more than 50-percent, Carl Quintanilla, Jim Cramer and David Faber led off the show with new developments surrounding the stock's wild ride: Robinhood filing to sell up to nearly 98-million shares over time -- the news resulting in a double-digit percentage decline for the stock. The anchors explored what this means for Robinhood and the meme stocks -- and harkened back to what CEO Vlad Tenev said during our program last week, on the day Robinhood went public. Lots of earnings movers in the spotlight: Uber shares fall despite better-than-expected quarterly results and bookings. The anchors reacted to what CEO Dara Khosrowshahi told CNBC about driver incentives that weighed on the company's performance. Among the earnings winners and losers: Etsy and Roku shares take a hit, while ViacomCBS jumps on profits and streaming subscriber growth. Also in focus: Moderna says its COVID-19 vaccine is 93-percent effective after six months, Goldman Sachs Chief U.S. Equity Strategist David Kostin raises his year-end S&P 500 target to 4700, and the anchors chat about the highlights from Wednesday night's "Jeopardy!" episode featuring David as guest host. Jim caps the hour by interviewing Weber CEO Chris Scherzinger about the outdoor grill maker's IPO. 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 the markets and how the decline in yields is impacting big and small investors alike. Stocks that are part of the reopening trade in focus as the COVID Delta variant continues to spread and the pace of vaccinations is starting to rebound. Jim explains why he thinks "the 'I'm probably going to be okay thesis' is still playing out." Carl, Jim and David stayed on top of the moves in shares of Robinhood, extending Tuesday's rally and soaring more than 50-percent during the first half-hour of trading -- the stock was halted a number of times due to volatility. They also reacted to what SEC Chairman Gary Gensler told CNBC about the so-called "meme stocks": He said "the retail engagement is positive" but adds investors must be protected from fraud and manipulation. The anchors also engaged in a lighthearted discussion about the second episode of "Jeopardy!" with David as guest host: Highlights include Faber's exchange with the defending champion about where he might invest his winnings. The "Mad Dash" segment even included a twist on the "Daily Double." Also in focus: Earnings winners and losers including General Motors' profit miss and what CEO Mary Barra told CNBC about the chip shortage and her outlook for the second half of 2021. In the mix: The monthly ADP jobs report that surprised Wall Street, plus the antitrust enforcement fallout - what's at stake for companies involved in pending M&A deals? 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 program by talking about David's debut as guest host of "Jeopardy!" -- the first episode aired Monday. It was a fun discussion that went into everything from the highlights of the show to how social media reacted to David's performance. As for the markets, the anchors explored developments out of China that sparked regulatory fears: Shares of Tencent fell sharply -- dragging down several video gaming stocks around the globe -- after a Chinese state media outlet criticized online gaming as "spiritual opium." China’s Alibaba saw shares fall on a quarterly revenue miss as e-commerce growth slowed amid heightened competition. Also in focus: Clorox shares tumble on weaker-than-expected quarterly results, PepsiCo agrees to sell juice brands including Tropicana and Naked to a French private equity firm for $3.3 billion, Micron's first-ever dividend, media stocks under pressure, Florida's spike in COVID cases and what's at stake for Disney, and Reese Witherspoon agrees to sell her media company to a venture led by Blackstone for $900 million. 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 highlighted the kickoff of David's week as guest host of the iconic game show "Jeopardy!" -- including a special Jeopardy!-inspired version of “The Mad Dash." The anchors took an in-depth look at what to expect from the markets in August as Wall Street enters the first trading day of the month, with the S&P 500 in the midst of a six-month win streak. The reopening trade a major part of the discussion as more companies require their employees to get vaccinated. The anchors also reacted to Dr. Anthony Fauci's comments about the spread of the COVID Delta variant and whether we could see further lockdowns in the future. On the M&A front: Square announcing its largest-ever acquisition -- the digital payments company agreeing to acquire Australia’s Afterpay for about $29-billion in stock. The CFO of Square and Co-CEO of Afterpay appeared on the program to talk about the deal and how it will help Square capitalize on the growing "buy now, pay later" trend. Also in focus: The debut of Disney's motion picture "Jungle Cruise" tops the weekend box office and gets a boost from streaming, plus stock winners and losers -- including Estee Lauder falling and Levi Strauss rising sharply in reaction to Wall Street analyst calls. 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 final trading day of July, Carl Quintanilla, David Faber and Morgan Brennan led off a busy show with a closer look at Amazon: Shares tumbling in reaction to its first revenue miss since 2018. The anchors explored what the results mean for the company and other big tech names in the "trillion-dollar club." Cowen senior internet analyst John Blackledge joined the discussion and offered his take on what he sees ahead for Amazon's stock. Carl, David and Morgan followed up on Robinhood the morning after its public debut, which saw the stock close more than eight-percent below its IPO price. They also reacted to what Robinhood CEO Vlad Tenev told CNBC about its rough start on Wall Street, but the slump didn't stop ARK's Cathie Wood from buying more than $45-million in Robinhood stock. Earnings from the likes of Procter & Gamble, Caterpillar and oil giants Exxon Mobil and Chevron also in the spotlight, along with the news that P&G's David Taylor is stepping down as CEO. Also in focus: Disney fires back at Scarlett Johansson after the "Black Widow" star filed a lawsuit against the company for releasing the film on Disney+ and in theaters simultaneously, what to expect from stocks in August with the S&P 500 on track for a six-month win streak, SEC Chairman Gary Gensler seeking more disclosures from China-based companies looking to list in the U.S., and the CEO of a major commercial real estate firm weighs in on companies delaying return to work plans as the COVID Delta variant spreads. Plus, the anchors’ countdown to David Faber's week-long stint as guest host of "Jeopardy!" 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 an in-depth look at a much-anticipated IPO: Online trading platform Robinhood going public after pricing shares at $38 each. That's at the low end of the expected range but values the company at about $32-billion. Goldman Sachs – one of the lead investment banks on the IPO -- had not fully allocated shares of Robinhood until shortly before the opening bell. The anchors explored what investors can expect and how to evaluate Robinhood's debut. On the earnings front, Facebook shares fell after the tech giant said revenue growth will slow during the second half of the year -- overshadowing better-than-expected quarterly results. Staying with tech: A federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud for making false and misleading statements to investors about the electric video startup. Also in focus: Ford shares rise after the automaker surprises Wall Street analysts by posting a quarterly profit, new record highs for stocks, and ServiceNow CEO Bill McDermott discusses his company's better-than-expected quarterly results – the workflow management software provider helped by a jump in subscription revenue. 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 a big morning full of earnings news, leading off with the numbers out of big tech: Apple shares fall as its warning about how the global chip shortage is impacting the company overshadowed a better-than-expected quarter. Two names saw their stocks rise: Google parent Alphabet beats the street, getting a lift from a surge in online ad spending, while Microsoft's better-than expected results were driven by growth in its cloud business. Three CEOs appeared on the program: Boeing CEO David Calhoun spoke about his company's surprise quarterly profit, a surge in commercial aircraft deliveries, resolving its jet issues and dealing with the COVID resurgence. AMD CEO Lisa Su discussed her company's stronger-than-expected results and how the chipmaker is navigating the global semiconductor shortage. Starbucks CEO Kevin Johnson outlined his company's earnings beat and sales that outpaced pre-pandemic levels -- though that news wasn't enough to prevent the stock from falling. He spoke about the outlook for Starbucks' business in China, the Delta variant and consumer trends which show cold drinks driving beverage sales. Also in focus: Earnings movers including McDonald's and Spotify, plus a countdown to the Fed's post-meeting statement -- what will policymakers say about inflation? 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 a busy morning full of earnings news by highlighting Tesla's better-than-expected quarterly results. They discussed Elon Musk's message on chip shortages and what Jim would have liked to hear from Musk on Tesla's earnings call. The anchors also reacted to Musk's comment on the call in which he takes aim at Apple without mentioning the company by name. Shares of General Electric jumped on upbeat results and positive free cash flow for the second quarter. GE Chairman & CEO Larry Culp appeared on the program to discuss his company's numbers as well as the challenges posed by supply constraints. Raytheon Technologies Chairman & CEO Greg Hayes joined the show exclusively to discuss everything from his company's earnings and guidance to his outlook for business travel, in light of Raytheon's role as an aircraft engine maker. Also in focus: Earnings movers including UPS and 3M, Chinese tech stocks including Alibaba and Tencent extend losses as Beijing's regulatory crackdown intensifies, plus, inflation's effect on the homebuilding/home improvement stocks. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With stocks having finished Friday's session at record closing highs, Carl Quintanilla and Jim Cramer looked at what to expect from the markets as we enter a big week full of earnings reports, with mega-cap tech names Apple, Amazon, Microsoft, Facebook and Alphabet leading the pack. U.S.-China talks on the front burner as a Beijing official blamed the Americans for a "stalemate" in relations -- while stocks of China-based companies take another hit as Beijing ramps up its regulatory crackdown on technology and education firms. Cramer says China is engaging in an "attack on the rich" and says "you don't want your money there, you want your money here" in the U.S. The reopening trade and continuing spread of the COVID-19 Delta variant also in the spotlight. The anchors reacted to what former FDA Commissioner Dr. Scott Gottlieb told CNBC about the variant: He explained why he believes Delta could "plateau here in the United States" in the next two to three weeks. Carl and Jim also discussed a note out of Goldman Sachs Chief U.S. Equity Strategist David Kostin in which he sees the variant posing a "minimal risk to the U.S. equity markets." The anchors had lots of crypto news to highlight: A published report says a U.S. probe into Tether is homing in on whether executives behind the digital token committed bank fraud. Separately, Bitcoin hit a new six-week high and briefly passed $39,000 over the weekend -- with crypto rallying across the board, due in part to a report stating that Amazon is moving toward accepting Bitcoin for payment and is also considering the creation of its own digital token. Also in focus: Tesla as a China proxy ahead of its after-the-bell earnings report, Hasbro surging on better-than-expected quarterly results, and Norwegian Cruise Line sets sail for the first time since suspending cruising 500 days ago due to the pandemic. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With stocks aiming for a fourth straight day of gains after Monday's sell-off, Jim Cramer and Scott Wapner explored market reaction to lots of earnings news, especially in tech: Intel shares under pressure after issuing the company's forecast overshadowed better-than expected quarterly results, with the chipmaker saying the global semiconductor shortage could last well into 2023. The anchors compared the Dow component to rival chipmakers Nvidia and AMD -- and reacted to what Intel CEO Pat Gelsinger told CNBC about trying to overcome supply constraints. On the social media front, Snap shares posting a double-digit gain and Twitter also up sharply in reaction to upbeat quarterly results and guidance. The anchors highlighted the advertising revenue growth benefiting both Snap and Twitter -- and looked at what's at stake for big tech companies due out with earnings next week. Jim and Scott also took a closer look at why the markets are shrugging off warnings from the CDC about rising cases and deaths due to the COVID-19 Delta Variant. Also in focus: American Express' earnings beat helped by increased travel spending, Honeywell shares fall despite better-than-expected results and raised guidance, General Motors issuing a second recall of its Chevy Bolt electric vehicle due to fire risks, and Boston Beer -- home of the Samuel Adams brand -- tumbles after cutting its full-year outlook. 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 Scott Wapner explored the recent market moves, the concept of the "three-day correction" and why in Jim's view, the S&P 500 is "done being slammed." Cramer also shared his perspective on the market coming to grips with the spread of the Delta Variant and the slowdown in COVID vaccinations, saying that unlike the herd immunity achieved following the pandemic of 1918-19, "we're going to have a brutal form of herd immunity and it's going to happen, as Dr. (Scott) Gottlieb said, in the next few months." The reopening trade in focus as airline stocks fall despite news of stronger-than-expected quarterly revenue from Southwest and American Airlines. Southwest Chairman & CEO Gary Kelly appeared on the program to discuss his company's quarter, the rebound in travel demand and navigating a labor shortage. The anchors also interviewed Dow CEO Jim Fitterling: The Dow component posting better-than-expected quarterly results and issuing upbeat guidance as it sees global economies improving in the second half of 2021. Also in focus: Elon Musk telling a crypto conference that he "would like to see Bitcoin succeed" and that Tesla would "most likely" accept Bitcoin for vehicle payments, Salesforce CEO Marc Benioff's comments to CNBC in reaction to what President Biden is saying about the tech industry, the road ahead for FAANG + Microsoft, the recent run-up in stay-at-home stocks, China reportedly weighing serious penalties for Didi just three weeks after its U.S. public debut, chip stocks and why Jim slammed Texas Instruments' handling of its earnings call as "ill-advised," and Goldman Sachs slaps Williams-Sonoma with a "sell" rating. 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 took an in-depth look at a busy day for the markets with a slew of earnings reports in the mix -- as stocks recouped all of their losses from Monday's sell-off. Dow components Coca-Cola, Johnson & Johnson and Verizon all beating analyst expectations with their quarterly results, Netflix falling amid concerns about a slowdown in subscriber growth, and Chipotle shares up sharply on earnings, revenue and sales as indoor dining continues to rebound. The anchors reacted to what United Airlines CEO Scott Kirby told CNBC about the carrier's outlook: He's "confident" United will return to profitability in the third quarter. They also highlighted Capitol Hill's "bipartisan bailout" of the airlines during the pandemic, and the lessons to be learned as lawmakers negotiate a bipartisan infrastructure bill. Cramer sounds off about a new study that claims J&J's COVID vaccine is much less effective against the Delta and Lambda variants than against the original virus. Also in focus: Electric vehicle maker Lucid Motors and the Churchill Capital IV SPAC scramble for shareholder approval votes ahead of a key deadline, billionaire investor Leon Cooperman's bullish take on big tech and FAANG, AMC Entertainment CEO Adam Aron taking on the additional role of Chairman and what it could mean for the stock, what's ahead for GameStop in wake of Netflix's foray into video games, the stocks that are benefiting from investors pushing aside worries about the Delta Variant, and JPMorgan Chase awards Jamie Dimon a bonus aimed at keeping him as Chairman & CEO for several more years. 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 talk about the world's richest man making history: Amazon Executive Chair and Blue Origin Founder Jeff Bezos taking flight on Blue Origin's first human space launch, riding aboard the company's "New Shepard" rocket along with three astronauts. Morgan Brennan was on the ground in Texas as part of our live coverage. The mission was successful as the capsule landed safely. After touchdown, Bezos called it his "best day ever." David, Jim and Morgan discussed what it all means for the future of space tourism. As for stocks, Jim and David explored how investors should approach the market rebound after Monday's sell-off, which was the worst for the S&P 500 in two months -- plus a look at the ten-year note yield falling to lows not seen since February. They highlighted movers including IBM, which posted-better-than-expected quarterly results and its strongest revenue increase in three years. Also in focus: Capitalizing on the FAANG trade, reports that say Apple is pushing back its return to the office deadline by a month to October -- and that the company told real-estate developers it wants to lease a large production campus in Los Angeles for its growing entertainment operations, whether now's the time to buy Snap, plus Bitcoin falling below $30,000 for the first time in a month: What the SEC and regulation could mean for the future of cryptocurrency. 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 began the new trading week with an in-depth look at the market sell-off, as investors focus on the spreading of the COVID-19 Delta Variant and the rate of vaccinations falling. The reopening trade -- including cruise line and airline stocks -- taking a hit, while the 10-year note yield falls to fresh five-month lows. Cramer explains why be believes the FAANG stocks are the key to this market: "Once FAANG has rolled over, then you can buy." Jim and David reacted to President Biden's "They're killing people" comment that slammed Facebook and social media for their handling of vaccine disinformation on their platforms -- and Facebook striking back at the White House with a response. The anchors also discussed former FDA Commissioner Dr. Scott Gottlieb telling CNBC that Facebook must do more to control misinformation. On the M&A and "stay-at-home" stocks front, the anchors discussed Zoom Video's biggest-ever acquisition: The company agreeing to buy cloud-based call center operator "Five9" in a $14.7-billion all-stock deal. On the flip side, billionaire investor Bill Ackman's "Pershing Square Tontine Holdings" SPAC dropped plans to buy a 10% stake in Vivendi's Universal Music Group worth $4-billion. Instead, Ackman plans to acquire the stake through his Pershing Square hedge fund. The anchors reacted to Ackman telling CNBC the SEC's view of the deal was a "dagger in the heart of the transaction." New details about Robinhood's upcoming IPO: In a regulatory filing, the trading platform says it anticipates offering 55 million shares at a price between $38 and $42 per share -- aiming for a valuation of up to $35-billion. Also in focus: Duke Energy's management under scrutiny from hedge fund Elliott Management, plus Dish Network and AT&T enter into a ten-year network services deal. 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 kicked off the show with look at the markets as the Dow aims to post a fourth straight weekly gain. They focused on what you should make of the "stealth correction", featuring some of the areas in the underlying market that have experienced "pain" this week, reflected in groups such as oil services (OIH) and biotech (XBI) as well as the Russell 2000. Banks and yields also in focus with earnings and Fed news dominating the week. The anchors reacted to what Treasury Secretary Janet Yellen told CNBC about expecting "several more months of rapid inflation" before it declines "back toward normal levels" -- plus "Bond King" Jeffrey Gundlach saying stocks still remain cheap compared to bonds. On the M&A front, the anchors discussed that Intel is reportedly in talks to acquire chipmaker GlobalFoundries for about $30-billion, which would be Intel's largest acquisition ever. Cruise ships also in the spotlight: Canada announcing it will allow cruises to resume in November if certain health guidelines are met. The anchors engaged in a roundtable discussion with analysts who cover the cruise lines, whose shares are among the worst performers on the S&P 500 this month. Also in focus: Los Angeles County to resume indoor mask mandates as the COVID-19 Delta Variant continues to spread, Moderna shares surging on news it will be added to the S&P 500, Didi slumps again on new developments surrounding a Chinese cybersecurity probe, June retail sales come in better than expected, investors flocking toward big tech, and Apple employees reportedly saying the company is cracking down on remote work. 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 a closer look at the markets ahead of Fed Chair Jerome Powell's second day of testimony to Capitol Hill lawmakers -- this time before the Senate Banking Committee. The anchors explored the impact of the COVID-19 Delta Variant on stocks as vaccinations slow down. They also discussed better-than-expected earnings from Morgan Stanley, the last major bank to report earnings this week. ARK Invest's Cathie Wood also in the spotlight: Carl, David and Jim reacted to what she told CNBC about her growth strategy and that she thinks we are in a "risk-off period." On the IPO front: "F45 Training" -- a fitness chain backed by actor Mark Wahlberg -- at the NYSE for its Wall Street debut. Wahlberg and F45 Founder and CEO Adam Gilchrist explained to the anchors why the company's going public now. Wahlberg also weighed in on the streaming landscape as movie theaters try to rebound from the pandemic. Also in focus: The chips trade including Taiwan Semiconductor, General Motors telling some owners of previously recalled Bolt EVs to park outside after Bolts that had been repaired caught fire, "Meme Stock Madness" as AMC Entertainment tries to reverse its recent stock slump, and Blackstone enters a deal to manage AIG's insurance and housing assets. 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 a deep dive into the latest batch of bank earnings: Bank of America beat on the bottom line but missed on revenues, while Citigroup and Wells Fargo each posted better-than-expected quarterly results. Asset management giant BlackRock also beat the street. The anchors reacted to what BlackRock CEO Larry Fink told CNBC about his expectations for the market amid inflation fears and worries about the recent spread of COVID-19's Delta Variant. They also discussed Fed Chair Powell's prepared remarks ahead of his Capitol Hill testimony -- that say inflation will likely remain high in the coming months. Chinese stock volatility in focus: Ark Invest's Cathie Wood is warning investors that major Chinese companies are losing value amid Beijing's anti-monopoly and data security crackdown. A good morning for airline stocks: American said it expects to report positive cash flow for the second quarter, while Delta posted better-than-expected quarterly results and what it calls a "solid" pre-tax profit for the month of June. The anchors reacted to Delta CEO Ed Bastian telling CNBC he expects "solid profitability" in the current quarter and beyond as the consumer drives the carrier’s recovery. Apple hits a new record high: The company reportedly asking suppliers to build as many as 90 million next-generation iPhones. Also in focus: A new record high for the S&P 500, how to play FAANG and Microsoft as new FTC Chair Lina Khan looks to rein in big tech, and on the SPAC front -- the SEC charges Momentus and Stable Road for "misleading disclosures" ahead of their proposed business combination. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a record-setting week for stocks, Carl Quintanilla, Jim Cramer and David Faber led off the show with a closer look at better-than-expected quarterly results from JPMorgan Chase and Goldman Sachs, marking the beginning of earnings season. Highlights include comparing both companies' investment banking results, Goldman's return on equity hitting double-digits and strength in asset management, and JPM CEO Jamie Dimon’s comments on reserve releases and the strength of the American consumer. The anchors also discussed June CPI coming in hotter than expected, up 0.9% for the month and surging 5.4% from a year ago -- the largest jump since 2008 -- and where earnings from PepsiCo and Conagra fit into the inflation trade. Boeing under pressure after announcing plans to cut back 787 Dreamliner production due to a structural issue. Cramer asks what it's going to take for Boeing CEO David Calhoun to stop the company's "endless stream of bad news." Johnson & Johnson also in the spotlight after the FDA announced it is adding a warning to J&J's COVID-19 vaccine to warn of a very small incidence of the rare neurological disorder known as Guillain-Barre syndrome. The anchors reacted to Dr. Anthony Fauci's comments to CNBC in which he defends the vaccines that have received emergency use authorization, calling them "highly effective." Also in focus: The best ways to play the semiconductor sector now, retail and mall stocks amid rising inflation, and Cramer on how investors in AMC Entertainment should manage the stock's recent decline. The anchors also reacted to comments Goldman Sachs CEO David Solomon made on his company's earnings call: He expressed concerns about the prospect of a pandemic resurgence. 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 with a closer look at China’s continued crackdown, with a new Wall Street Journal article reporting that TikTok owner ByteDance shelved its IPO plans after receiving a warning from government officials. The social-media giant was last valued at $180 billion. Plus, Sir Richard Branson won the billionaire space race, following Virgin Galactic’s successful flight over the weekend. Our Morgan Brennan was live from New Mexico and caught up with the billionaire founder. And, the Nasdaq and S&P notched new record highs ahead of a busy week of earnings. JPMorgan and Goldman Sachs both set to report tomorrow morning before 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.

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 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 and Jim Cramer begin with the market sell-off, with the Nasdaq on pace for its worst week since mid-May. Cramer outlines his 7 market themes to watch for in the second half of the year. The anchors also discuss attorneys general from 36 states and the District of Columbia bringing a new antitrust suit against Google over its mobile app store. Cramer believes this could be a threat to the stock, but not the business. And, one of the nation’s largest banks, Citigroup, says it expects most U.S. and U.K. workers to return to office by September, but is that too optimistic? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. 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 & Jim Cramer breakdown China’s moves against Didi as the stock gets hammered. A new report out of the Journal saying Chinese regulators suggested Didi delay it’s U.S. IPO. Plus, inside OPEC+, David & Jim discuss the massive move in oil prices as OPEC+ cancels its meeting. Retail investors watching AMC after its CEO Adam Aron announced it will not seek approval for its proposed 25 million share increase. Plus, it’s the largest ransomware attack on record, as hackers demand $70 million. David looks towards JPMorgan’s return to work and the future of Wall Street. Nextdoor announcing it’s going public through a merger with Khosla Ventures. The CEO of Nextdoor, Sarah Friar, and Khosla Ventures, Vinod Khosla, join Jim and David to discuss the deal & future of the company. 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 the top story of the morning: The June jobs report showing non-farm payrolls up a better-than-expected 850,000 with an unemployment rate of 5.9-percent. The news helping to lift both the S&P 500 and Nasdaq to fresh record intraday highs. The anchors explored the markets' reaction in a roundtable discussion with the Chief Global Strategist at J.P. Morgan Asset Management and the Chief Investment Officer at Citi Global Wealth. Shares of Virgin Galactic soared after the company announced founder Sir Richard Branson plans to be aboard a Virgin space flight currently scheduled for July 11. The flight would be nine days before a scheduled Blue Origin flight would take that company's founder Jeff Bezos into space. Virgin Galactic CEO Michael Colglazier appeared on the program to discuss Branson and the race to space. Speaking of Jeff Bezos, he is stepping down as Amazon CEO and will be succeeded by AWS chief Andy Jassy July 5. Deirdre Bosa looked at what to expect from "The Jassy Era" at Amazon. The anchors also discussed a rough day for Chinese ride-hailing giant Didi: The stock tumbling after the China Cyberspace Administration said it will conduct a cybersecurity investigation on the ride-hailing service – news of the probe coming two days after Didi's Wall Street debut. Also on the IPO radar: Stock-trading app Robinhood announcing plans to go public. Will it 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.

Carl Quintanilla, Jim Cramer and David Faber took an in-depth look at what to expect from the markets in the second half, with the S&P 500 hitting a new record high after jumping more than 14% in the first half. Cramer says "don't get bored with the rally" and talks about where to find opportunity. The anchors also discussed the road ahead for the chip sector after Micron shares fell despite better-than-expected quarterly results and upbeat guidance. Big tech fires back: Amazon calls on the FTC to recuse its new chair Lina Khan from antitrust investigations involving the company, citing her past comments including calling for the breakup of Amazon. Carl, Jim and David also reacted to China's President Xi taking a hard line against foreign interference in a speech from Tiananmen Square marking the Chinese Communist Party's 100th anniversary. Xi said China "won't allow any foreign force to bully or oppress" the country -- and that "anyone who dares try to do that will have their heads bashed bloody against the great wall of steel forged by over 1.4 billion Chinese people." The CEO of spice maker McCormick joined the program to discuss his company's earnings and how it continues to benefit from cooking from home trends since the pandemic began. Also in focus: Hedge fund Elliott Management calls for changes at GlaxoSmithKline, and Landry's CEO Tilman Fertitta amends a SPAC deal. 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 road ahead for stocks on the final trading day of the month, quarter and first half of the year -- the S&P 500 on track for its best 1H since 2019. Cramer explains why he prefers semiconductor stocks such as Nvidia and AMD over the FAANG names. The anchors also took a deep dive into the energy stocks that are soaring so far this year. A busy day for IPOs also in focus: Wall Street debuts led by Didi -- the Chinese ride-hailing giant and rival to Uber and Lyft -- which priced its offering at $14 per share, raising $4.4-billion. Identity verification platform CLEAR Secure, cybersecurity firm SentinelOne and LegalZoom also making their public debuts. Also in focus: A report which says Apple won't back down from its hybrid work model despite employees asking to be fully remote. The Biden Administration said to be considering an executive order aimed at reining in the power of big business, ESG and the Exxon Mobil proxy fight, A strong morning for retailers such as Walmart and Bed Bath and Beyond, and in-space transportation company Momentus has its valuation slashed in a revised SPAC deal. 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 the show with a look at Facebook, which on Monday closed above $1-trillion in market value for the first time after a federal court dismissed FTC and state antitrust cases against the company. The anchors explored the challenges facing new FTC Chair Lina Khan as she looks to rein in big tech's dominance. They also discussed ARK Invest's Cathie Wood’s tech investment strategy and her plan to create a bitcoin ETF, plus Tesla shares falling after UBS cut its price target for the stock to $600 from $730. Big banks propelled the S&P 500 and Nasdaq to new record intraday highs after most of them raised their dividends just days after passing the Fed's stress tests. United Airlines making news after announcing its biggest order ever: 270 Boeing and Airbus jets. The anchors reacted to what United CEO Scott Kirby told CNBC about why such an order was necessary. Also in focus, Nvidia's $500-million market cap, stock-moving Wall Street calls on the likes of Biogen, FedEx, Textron and CNBC parent Comcast, Uber reportedly will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, and Cramer saying many investors and strategists who have been betting against the Biden presidency are experiencing "seller's remorse." 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 road ahead for stocks on a day in which the S&P 500 and Nasdaq each hit fresh record intraday highs. Cramer says "this is one of the more buoyant markets I've ever seen". He explains why this is the case and outlines his upside case for names such as FedEx, Darden Restaurants and Nike. The anchors also reacted to Goldman Sachs' note on inflation and supply chain disruptions. Boeing under pressure after the FAA informed the jet maker it is not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. The anchors also took a closer look at the "CRISPR rally": Shares of Intellia Therapeutics and other gene-editing firms soaring after the company and its partner Regeneron announced positive results in a phase 1 study of a gene-editing treatment for a genetic nerve disorder. Also on the biotech front: Capitol Hill lawmakers announced an investigation into the approval and pricing of Biogen's Alzheimer's drug. Also in focus: How Virgin Galactic shares are trading after soaring 39% on Friday, AMC Theatres announced its busiest weekend at the box office since the pandemic, Universal Pictures' "F9" topped the weekend box office with $70 million in North American ticket sales -- the biggest debut for any movie since the pandemic began (Universal is owned by CNBC parent Comcast), UBS to allow hybrid working arrangements for many of its employees, Nvidia reportedly receiving support for its planned $40 billion takeover of ARM from some of the UK chip maker’s major customers. Cramer explains why he sees Nvidia shares jumping to the $900 mark. 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 S&P 500 hitting a fresh record high: Stocks extending their rally on Thursday's news of a bipartisan infrastructure deal. Cramer highlighted his list of ten "Jailbreak Stocks" -- including Wells Fargo, Tesla and Caterpillar -- that he said benefited from the news out of the White House. On the earnings front: Nike soars after the Dow component posted a better-than-expected quarterly profit, with sales topping $12-billion for the first time. On the flip side, FedEx shares in the red despite record fiscal Q4 results driven by pandemic volume. The anchors reacted to what Starbucks CEO Kevin Johnson told CNBC about how his company is navigating supply chain issues and insisting there is no cup shortage at Starbucks. Also in focus: What's next for Microsoft one day after it closed with a $2-trillion market cap for the first time, banks passing the Fed's stress tests and how their stocks are reacting to that news, and a busy week for SPAC deals. 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 road ahead for stocks with the S&P 500 and Nasdaq hitting new intraday record highs. Media news also on the front burner: CNBC parent Comcast calls "pure speculation" a Wall Street Journal report which states the company is considering ideas including a potential tie-up with ViacomCBS or an acquisition of Roku. The anchors also discussed a big development for Eli Lilly: Shares surging after the company announced it has received and FDA breakthrough therapy designation for its Alzheimer's treatment. Southwest Airlines Chairman and outgoing CEO Gary Kelly joined the program to discuss stepping down from the top job in 2022, the future for the airline and post-pandemic travel, and Southwest's relationship with Boeing. Kelly will be taking on the role of Executive Chairman at Southwest. Also in focus: JPMorgan Chase requiring employees to report their COVID vaccination status to help the bank prepare for workers returning to the office, and BuzzFeed announcing a deal to go public via a SPAC merger. 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 show with a closer look at big tech under fire: The House Judiciary Committee set for a markup of antitrust bills which include legislation aimed at breaking up tech giants. Apple among the companies firing back at Congress -- The New York Times reporting Tim Cook called House Speaker Nancy Pelosi and other lawmakers urging them to scrap the bills, saying they would crimp innovation and hurt consumers. The anchors delved into the push to break up big tech and what that could mean for investors and M&A. Cramer explains why he thinks the Biden Administration "is against stocks, it's against capital formation, it's against risk capital". Speaking of big tech, Microsoft becomes the second company besides Apple to reach $2-trillion in market value. The Fed also in the spotlight: The anchors reacted to what Fed Chair Powell said on Capitol Hill Tuesday -- that it's "very, very unlikely" the U.S. will see 1970s-style inflation. Big news in the airline industry: Southwest announcing Gary Kelly will step down as CEO in 2022. Warren Buffett says he's halfway toward donating about 99% of his net worth to philanthropy, delivering another $4.1-billion in Berkshire Hathaway stock -- but added he is resigning as a trustee of the Bill and Melinda Gates Foundation. The anchors reacted to what Buffett said about philanthropy and taxing the wealthy. Also in focus: Morgan Stanley tells employees who haven’t taken the COVID vaccine that they won't be allowed back in some New York offices effective July 12, SPACs and Cathie Wood's bets, and Bitcoin rebounds after tumbling below $30,000 on Tuesday. 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 what's in store for the markets after Monday's big rally erased losses from Friday's sell-off. What should investors make of the rebound? Especially as Wall Street braces for Fed Chair Powell's Tuesday testimony on Capitol Hill before a House panel. The anchors also took a closer look at GameStop -- shares surging after it had announced completion of its previously announced sale of 5 million common shares, raising more than $1.1-billion. Breaking news in the mix: The Biden Administration to acknowledge it is not on track to reach its goal of at least 70% of U.S. adults having at least one shot of the COVID vaccine by July 4. Carl, Jim and David also discussed the EU opening a formal antitrust probe of Alphabet unit Google’s digital ad practices -- and what regulators going after big tech could mean for the FAANG stocks. More woes for crypto: Bitcoin slumps to a January low below $30,000, as China orders its banks to crack down even harder on crypto trading. Also in focus: U.S.-China relations and their effect on markets, Reddit-fueled stocks on the move, why Cramer's charitable trust closed out of Disney, Blackstone's $6-billion real estate/rental deal, and Philip Morris International's decision to move its corporate headquarters from New York City to Connecticut. 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 show with a look at cryptocurrencies under pressure amid an expansion of China's crackdown on Bitcoin mining -- the newest steps resulting in a shutdown of about 90-percent of China's Bitcoin mining capacity. That news also weighing on shares of MicroStrategy and Coinbase. The anchors reacted to what the CEO of MicroStrategy told CNBC about the company's Bitcoin investing strategy. They also discussed the stock market's rebound after Friday's sell-off, which was sparked by comments St. Louis Fed President James Bullard made on CNBC about inflation and the road ahead for rate hikes. On the regulatory front, the anchors engaged in a wide-ranging discussion about a report in The Wall Street Journal, which says the SEC is preparing to require public companies to disclose more information about how they respond to threats linked to climate change -- and that businesses are gearing up for a fight. Also in focus: Amazon's two-day "Prime Day" gets underway and its rivals roll out their own deals for consumers, the "meme stocks madness" with shares of AMC more than doubling since the beginning of the month, big media companies such as Disney and the challenges they face when it comes to streaming and content costs, L Brands shares continue to rally -- the company files registration on a split of Victoria's Secret and Bath and Body Works, Pershing Square Tontine -- a SPAC controlled by billionaire investor Bill Ackman -- finalized a deal to buy a 10% stake in Universal Music Group from Vivendi valued at about $40-billion, and American Airlines will cut planned flights for the first half of July by about 950 flights, or 1%, due to staffing shortages and other issues as it deals with the sharp rebound in travel demand. 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 Scott Wapner led off with the big story of the morning that sparked a market sell-off: St. Louis Federal Reserve President James Bullard telling CNBC there is "more inflation than we were expecting and I think it’s natural that we’ve tilted a little bit more hawkish here to contain inflationary pressures." Bullard also said economic growth has exceeded projections and that he sees an initial rate increase in late 2022. Jim and Scott discussed the market reaction to Bullard's remarks and what, if anything, investors should do now. They also explored this week's pullback in commodities prices -- especially lumber, copper, gold and corn -- and whether Fed Chair Powell's assessment of commodities inflation is on target. When the conversation turned to meme stocks including AMC and GameStop, the anchors weighed in on a Wall Street Journal article describing how amateur investors are upending the financial markets. Also in focus: How to play big tech, FAANG and the chip stocks in this environment, Adobe rising on better-than-expected results and guidance, and why Apple is the Dow's best performer this week. 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 Fed raised its expectations for inflation and indicated rate hikes could come as soon as 2023, Jim Cramer and Scott Wapner weighed in on reaction to that news, especially from billionaire investor and Appaloosa Management chief David Tepper. Wapner says Tepper told him the "Fed did a good job" and that its approach shows policymakers are not asleep at the wheel. Tepper also told Scott that he thinks "the stock market is still fine for right now." The anchors also discussed Mark Cuban's claim in a tweet that he took a "hit" from a cryptocurrency crash involving the Iron Titanium token also known as TITAN, which plummeted from over $60 Wednesday to a fraction above zero early Thursday morning. Lockheed Martin CEO Jim Taiclet joined the program exclusively -- marking one year on the job as head of the world's largest defense contractor. He discussed what the geopolitics landscape means for the aerospace/defense industry and how 5G is playing a big role in his company's growth strategy. Also in focus: What Intel CEO Pat Gelsinger said during the CNBC Evolve Global Summit about chips and supply chains, Kroger's earnings and what the CEO of supermarket rival Albertsons told CNBC about the state of the consumer, and Bob Chapek's stewardship as CEO of Disney -- as J.P. Morgan reiterates an "Overweight" rating on the stock. 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 Scott Wapner led off the show by previewing the big event of the day for investors: After wrapping up a two-day meeting, The Fed set to issue its policy statement -- the watch is on to see what Chair Powell and fellow policymakers will say about their approach to inflation. General Motors announcing the automaker is boosting its global spending on electric and autonomous vehicles by 30-percent, totaling $35-billion through 2025. GM Chairman and CEO Mary Barra joined the program exclusively to talk about the company's E-V strategy and updated guidance. The anchors reacted to comments from heavy hitters at the CNBC Evolve Global Summit: The head of the IMF shared her take on supply chains and the global economy -- and the CEO of Novartis spoke on health care and helping to produce COVID vaccines in a post-pandemic world. Also in focus: Oracle shares slumping despite better-than-expected quarterly results, ARK Invest's Cathie Wood buys $42-million in DraftKings after the stock took a hit Tuesday on a short-seller report, and big tech critic Lina Khan named Federal Trade Commission Chair -- the anchors explored how far she might go to push for a breakup of companies such as Facebook and Amazon, and what that could mean for FAANG stocks. 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 Scott Wapner led off the show with a look at key inflation and retail data on day one of what some are saying is the most important Fed meeting of Chair Jerome Powell's tenure. The Producer Price index for May coming in hotter than expected and retail sales showing a bigger than expected decline. The anchors looked at what it all means for the markets and Wednesday's much-anticipated Fed statement -- how will policymakers tackle inflation? Jim and Scott also reacted to JPMorgan Chase CEO Jaime Dimon saying the bank is hoarding cash because there's a "very good chance" inflation is here to stay -- and American Express CEO Steve Squeri telling CNBC why he's bullish on the American consumer when it comes to spending and the recovery. The meme stocks also in the spotlight: AMC Entertainment extending its rally after soaring 33-percent over the last two session, with Petco jumping into fray after surging 18-percent on Monday. The anchors engaged in a wide-ranging discussion about comments Morgan Stanley CEO James Gorman made on CNBC -- he said he believes this year's big rally in meme stocks could be "a recipe for disaster." Also in focus: A new record high for the S&P 500, DraftKings shares tumble after Hindenburg Research announces it a taken a short position, The U.S. and EU announced a resolution of the 17-year dispute over aircraft subsidies involving Boeing and European rival Airbus, and Jamie Dimon speaks out about Jack Dorsey's Square. 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 Scott Wapner kicked off the show by reacting to various comments legendary trader Paul Tudor Jones made to CNBC. Among them: This week’s Fed meeting is the most important of Jay Powell’s tenure, it's dangerous to say inflation is transitory, and if the Fed doesn't make an immediate "course correction" he's going to bet heavily on the inflation trade -- commodities, gold and crypto. Speaking of crypto, Bitcoin getting a lift after Elon Musk tweeted on Sunday that Tesla may resume accepting the cryptocurrency if 50 percent or more of so-called "bitcoin miners" use clean energy. The anchors also discussed the shakeup at Lordstown Motors: Shares of the electric truck maker tumbling after it announced both its CEO and CFO have resigned. Also in focus – a deep dive into the inflation trade: Chipotle gets a Wall Street upgrade after announcing price and wage hikes, autos and the chip shortage, and why FAANG names and other tech stocks may be ripe for buying. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.