
Squawk on the Street
2,740 episodes — Page 50 of 55
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Covid-19 Cases Spiking, Stocks Under Pressure & American Airlines To Lift Caps
Carl Quintanilla, Morgan Brennan and Mike Santoli discuss the morning’s market moves as coronavirus cases spike, with Texas, Florida, California and Arizona seeing a surge in infections. Plus, why American Airlines is planning to lift its capacity cap on flights starting July 1. Nike shares slipping on the back of a surprising quarterly loss for the apparel giant. And reopening risks, what the nation’s largest provider of single-family home rentals says about the urban flight to the suburbs Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Under Pressure, Covid-19 Cases Spiking, Disney Delays, Macy’s Jobs Cuts, Spotify Exec on Growth
Carl Quintanilla, Jim Cramer and David Faber discuss stocks under pressure as investors grapple with a rising number of coronavirus cases. More than 45 thousand new cases were confirmed on Wednesday, a record that surpassed the previous peak back in April. States such as Texas, Florida, California and Arizona have all seen major spikes. Shares of Disney taking a hit, after announcing its postponing its planned July 17th reopening of its Disneyland resort in California. The company says its waiting for state officials to issue guidelines on theme parks reopenings. Macy’s shares falling after announcing its cutting 3,900 corporate jobs. Plus, the “Squawk on the Street” team is joined by the Chief Content Officer at Spotify. Hear what she had to say about monetizing podcasts, their growth strategy and future deals. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Pullback, Virus Cases Spiking, Dell & VMware
Carl Quintanilla, Jim Cramer and David Faber discuss the pullback for stocks. One bright spot? The Nasdaq hanging onto a record high and an 8-day win streak. Still, investors are growing increasingly worried about the increasing number of newly confirmed cases of coronavirus. A CNBC analysis of Johns Hopkins University data found the U.S. 7-day average of cases surged more than 30% from a week ago. Carl, Jim & David discuss where you can put your money to work in this volatile market environment. Plus, David’s extensive reporting on Dell as it explores a spinoff of its stake in VMware, according to his sources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Pop, Recovering From a China Trade Deal Scare, Apple Ditches Intel Chips, Incoming Mastercard CEO
Carl Quintanilla, Jim Cramer and David Faber discuss the pop in stocks after White House trade advisor Navarro clarified his comments that the U.S.-China trade deal was over. Navarro explaining he was quote: “speaking to the lack of trust we now have of the Chinese Communist Party after they lied about the origins of the China virus and foisted a pandemic upon the world.” Shares of Apple surging on the heels of the company’s WWDC event, the stock hitting a record high at the open. The tech giant announcing it’s ditching Intel and will be using its own chips for Macs. Plus, the “Squawk on the Street” team speaks with the incoming CEO of Mastercard after the company announces it’s purchasing open-banking company Finicity for $825 million. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Turn, Coronavirus Surges in the U.S., NYC Enters Phase 2
Carl Quintanilla, Jim Cramer and David Faber discuss the impact of the rise in Covid-19 cases on stocks. According to the World Health Organization, Sunday recorded the largest single-day increase in global coronavirus cases with the U.S. reporting more than 36,000 new cases. Apple is getting ready to kick off its virtual WWDC. CEO Tim Cook speaking out about corporate social responsibility on CBS’ “Sunday Morning,” saying, "You know, there was a time back many years ago where CEOs were just supposed to focus on profits only, and not so much the constituencies. And that's never been my view. I've never subscribed to that.”Plus, New York City enters phase 2 reopening, but will people rush back into offices? The “Squawk on the Street” team discusses that, NYC real estate and more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Surging, Juneteenth and Corporate America, States Continue Seeing Record Spikes, AMC CEO Facing Criticism Over Masks
David Faber & Jim Cramer discuss the surge for stocks as Wall Street heads for its fourth weekly gain in five weeks. Investors taking note of a report saying China was set to up its purchases of U.S. farm products to comply with phase one trade deal. The report easing concerns about U.S.-China trade relations as the two continue exchanges of heated rhetoric over the coronavirus. States continuing to push for reopening as California, Arizona, Florida and Texas all report record spikes in coronavirus cases. The CEO of AMC facing criticism after saying the company will not require moviegoers to wears in its theatres. Plus, it’s Juneteenth, the anniversary of the day in 1865 that Union forces announced in Texas that slaves were free, more than two years after President Lincoln signed the Emancipation Proclamation. David & Jim discuss the anniversary and how corporate America is working toward tangible change to tackle systemic racism. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Stumble, Carnival Crushed, Hertz Abandons $500 million Stock Sale
David Faber and Jim Cramer discuss the drop in stocks, airlines and retailers sliding. Investors are weighing the rising number of coronavirus cases in the U.S. and around the world, as states continue pushing for reopening. Shares of Carnival getting crushed after reporting a miss on the top & bottom line. The cruise line saying it expects a net loss for the 2nd half of this year, but is seeing growing demand for new 2021 bookings. Hertz abandoning its plan to sell $500 million of stock after an SEC review. David Faber asking Chairman Clayton yesterday on “Squawk on the Street” if the SEC is in a position to stop a potential sale of stock by the company if he takes issue with it. Clayton responding, “there are a number of powers that we have, but we do have to follow due process here. And in a new issue situation like we have where there is new stock, one of the processes is to review the disclosure for the issuance, and we’ve let the company know we have comments on the disclosure” Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Moving Higher, Cruise Stocks Hit, Fauci: We’re Still in a First Wave, Zuckerberg’s Voting Campaign
David Faber & Jim Cramer discuss the state of stocks, jumping as Wall Street tries for a 4-day win streak. Dr. Fauci warning of the risk that the virus will spread. In an interview with the Wall Street Journal he said, "When I look at the TV and I see pictures of people congregating at bars when the location they are indicates they shouldn't be doing that, that's very risky. People keep talking about a second wave… We're still in a first wave." Covid-19 infections hitting record highs in six U.S. states on Tuesday as states move forward with reopening their economies. Cruise stocks taking a hit as Norwegian extends the suspension of its voyages through the end of September. Facebook’s CEO Zuckerberg unveiling his company’s campaign to boost voter registration, turnout and voices. He also announced users will be able to turn off political ads writing, “And for those of you who've already made up your minds and just want the election to be over, we hear you — so we're also introducing the ability to turn off seeing political ads.” Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Market Surge, Treatment Hopes, Retail Sales, Royalty Pharma CEO, SoftBank’s T-Mobile Stake
David Faber and Jim Cramer discuss the massive surge for stocks. Multiple reports emerging saying dexamethasone, a widely available drug, can help critically ill coronavirus patients. The treatment reportedly reduced Covid-19 deaths in hospitalized patients by up to one third. Another piece of the market puzzle, the government reporting a record 17.7% increase in retail sales for May. An IPO over at the Nasdaq, Royalty Pharma, the CEO joining the “Squawk on the Street” gang ahead of its opening trade. Plus, David’s reporting on SoftBank. Sources telling him the company plans to sell up to two-thirds of its stake in T-Mobile early next week valuing the transaction at about $20 billion. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Pullback Continues, Second Wave Fears and Record Cases, Airlines & Cruise Stocks Tank, Word of Caution
David Faber and Jim Cramer discuss the continuing pullback for stocks. Investors grappling with signs of a second wave of coronavirus cases as the U.S. economy reopens. Record spikes spanning across the U.S. in Alabama, Alaska, Arizona, Arkansas, California, Florida, North Carolina, Oklahoma, South Carolina and Texas. Meanwhile, Governor Andrew Cuomo warning New Yorkers against triggering a second wave saying the state has received 25 thousand complaints about businesses violating rules of the phased reopening. Airline and cruise stocks tanking over fears of a second wave. Walmart announcing its partnering with e-commerce platform Shopify to expand its third-party marketplace, trying to benefit from the online shopping boom. Plus, David & Jim’s word of caution, hear what they’re saying about retail investors. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Reopening America
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Swing, Trying to Recover From the Worst Day Since March, Coronavirus Cases, Starbucks Announces Black Lives Matter T-Shirt Partnership
Carl Quintanilla and Jim Cramer discuss the market volatility. Stocks swinging as they try and recover from the worst day since March. Investors going straight back to reopening plays, Carnival and United Airlines among the big winners along with brick-and-mortar retailers Kohl’s & Gap. Thursday’s big sell-off was sparked by fears over reopening of the economy and thinking it could be delayed by a second wave of cases. Houston-area officials warning they’re getting close to re-imposing its stay-at-home order. And Florida breaks its record for new coronavirus cases recorded in a single day. Shares of Boeing pushing the DOW higher. The Wall Street Journal reporting it’s pulling back on its restart of production for the 737 MAX jet. Starbucks announcing it’s going to allow baristas to wear Black Lives Matter attire and accessories after backlash. The company announcing it will make 250 thousand shirts with a design that includes “Black Lives Matter” and “No Justice, No Peace” available to workers. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Plunging, Investors Weigh Comments from the Fed, Coronavirus Second Wave Fears, Treasury Secretary Mnuchin: We Can’t Shutdown the Economy Again
Carl Quintanilla, Jim Cramer and David Faber discuss the swift move lower for stocks. Major averages tumbling on the heels of comments from the Chairman of the Federal Reserve yesterday and reopening fears. Fed Chairman Powell saying, “We’re not thinking about raising rates. We’re not even thinking about thinking about raising rates. What we’re thinking about is providing support for the economy. We think this is going to take some time.” The Fed sees rates staying near zero through 2022 and GDP tumbling 6.5% in 2020. Investors also becoming concerned about a second wave of coronavirus cases, continuing to rise in certain states, as the U.S. pushes deeper into reopening the economy. Treasury Secretary Steven Mnuchin joins the “Squawk on the Street” gang to discuss small business lending, the state of the economy, and shutting down again in the face of a second wave. Hear why he says, “we can not shutdown the economy again.” Plus, the CEO of GrubHub on the big deal news of the day, as his company is acquired by Just Eat Takeaway for $7.3 billion. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Nasdaq Hits a Fresh Record High, Reopening in America, Starbucks Pandemic Hit, Faber’s New Reporting on GrubHub & Uber
Carl Quintanilla and Jim Cramer discuss the surge in tech stocks, with the Nasdaq hitting a fresh record high. Plus, it’s a mixed picture across America as states begin to reopen. 21 states reporting weekly increases in new cases of COVID-19, as Arizona reactivates its emergency plan for medical facilities. One of the states hit hardest by the pandemic, New Jersey, lifting its stay-at-home order. Plus, David Faber phones in for in-depth reporting on GrubHub & Uber. Sources telling him that Uber is close to exiting those deal talks with GrubHub. Sticking with deal news Faber discusses Simon Property Group terminating its agreement with Taubman. Plus, Starbucks says it lost $3 billion in revenue in the latest quarter due to the coronavirus pandemic. The coffee chain says it expects to swing to a loss in the fiscal third quarter and that same-store sales in the U.S. and China to decline 10% to 20% for the full fiscal year. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Reopening America
Listen to CNBC's special report about the Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Comeback Rally Hits Pause, Market Speculation Spikes, Macy’s Surges on Preliminary Results
The “Squawk on the Street” team discusses the pause in the market and the spike in market speculation.Investors turning back to the recession and coronavirus pandemic. The World Health Organization warning that the pandemic is still worsening around the world, as the U.S. continues to reopen. Comeback trades on optimism about the reopening of the economy were lower. Names like United and Delta each dropping more than 10%. David Faber reports on speculative trades surrounding Nikola, after shares jumped more than 20% Tuesday before reversing course to trade 10% lower. On Monday, the stock more than doubled. Plus, a bright spot in retail, as Macy’s surges on positive preliminary results. The company says stores that are reopening are topping expectations and they’re regaining customers much quicker than expected. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Reopening America
Listen to CNBC's special report about the novel Coronavirus outbreak, the treatment and diagnosis of Covid-19 and the impact it’s having on the economy, business and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Rally Continues, Reopening Stocks Surge, AstraZeneca – Gilead Merger in the Works?
Carl Quintanilla, Jim Cramer and David Faber discuss the continuing rally for the major averages to start the week. Stocks tied to the reopening of the economy leading gains once again with airlines, retailers and cruise lines moving higher. After two months in lockdown, New York City, begins its phase one reopening. Billionaire investor Stanley Druckenmiller joining CNBC saying, “what is clearly happening is the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force… with a combination of the Fed money and, in particular, a vaccine where the news has been very, very good.” Plus, David Faber’s new reporting on that possible AstraZeneca, Gilead merger. Sources telling him the two companies are not in deal talks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Crisis in America
Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Shocking Record Surge in U.S. Jobs, Stocks Surging, Exclusive: Vice President Pence
Carl Quintanilla, Jim Cramer and David Faber discuss the shocking record surge in U.S. jobs. Employers adding 2.5 million jobs for the month of May, while the unemployment rate slide to 13.3%. Economists had been expecting a drop of more than 8 million jobs and the unemployment rate to reach nearly 20%. Here why Cramer says ‘we’re back.’ Plus, an exclusive interview with the Vice President of the United States, Mike Pence.Here everything he had to say on the jobs report, economic recovery, coronavirus and the current state of civil unrest in the country. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Rally Hits Pause, The Strip Reopens for Business, ZoomInfo CEO on IPO, LVMH Deal with Tiffany
Carl Quintanilla, Jim Cramer and David Faber discuss the pause in the rally for stocks. Protests across the U.S. becoming less violent. Former Defense Secretary Mattis breaking his silence, tearing into President Trump writing, “Donald Trump is the first president in my lifetime who does not try to unite the American people—does not even pretend to try. Instead, he tries to divide us,” Mattis wrote. U.S. businesses continuing to slowly reopen, as the Las Vegas Strips opens with new safety measures in place. An IPO over at the Nasdaq, ZoomInfo Technologies. The CEO joining the “Squawk on the Street” gang to discuss going public during civil unrest, a pandemic and much more. Plus, David Faber’s reporting on LVMH, as sources tell him the company has yet to propose any change in the deal terms with Tiffany. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Investors Shrug Off Protests & Virus Fears, Zuckerberg Stands Firm, Warner Music CEO on IPO
Carl Quintanilla, Jim Cramer and David Faber discuss the state of the market as investors continue to shrug off protests across America and coronavirus fears. Stocks rising as the market continues to rally on optimism over economies emerging from shutdowns. Nationwide tensions easing slightly overnight, as thousands of demonstrators launched peaceful protests across the U.S. over the police killing of George Floyd. Major cities enacting earlier curfews and beefing up law enforcement resources after days of violence. Mark Zuckerberg speaking to employees during a virtual all-hands meeting, standing firm in his refusal to moderate Trump despite employee walkouts and resignations. Plus, the CEO of Warner Music joins “Squawk on the Street,” as the company prepares to make its public debut. Hear what he had to say about going public amid the global pandemic, civil unrest and much more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Crisis in America
Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Crisis in America
Listen to CNBC's special report as traders focus on reopening the economy amid the Coronavirus pandemic and civil unrest around the U.S. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Investors Ignore Civil Unrest, Facebook Employees Virtually Walk Out, Live Interview with Astronauts in Space
Carl Quintanilla, Jim Cramer and David Faber discuss the markets lack of response to the civil unrest spreading through America. Protests turning violent overnight throughout the U.S., as cities begin enacting curfews. Facebook’s employees responding to CEO Mark Zuckerberg, staging a virtual walkout over his inaction on President Trump’s posts on the social media platform. As part of the walkout, employees took the day off work and managers at the company were told by HR not to retaliate against staff who were planning to protest. Plus, the “Squawk on the Street” team has a LIVE interview with the SpaceX Crew Dragon Astronauts from the International Space Station. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Crisis In America
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Civil Unrest in America, Stocks Start June in the Red, Retailers Take Another Hit
Carl Quintanilla, Jim Cramer and David Faber discuss the start of a new month; stocks falling to start June trading on Wall Street. Investors taking stock of the civil unrest spreading across America over police brutality. The CEO of Merck, Ken Frazier, speaking with CNBC about the unrest in America saying, “I think business has to go beyond what is required here.” Retailers taking another hit Amazon’s Whole Foods, Target, Apple and other major retailers are temporarily closing stores across the country due to the protests. This comes as states were reopening their economies after the coronavirus pandemic forced the country to shutter businesses. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | The Path Forward
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Mixed Picture for Stocks, China News Conference Coming, Twitter Flags Trump, Bristol Myers CEO
Carl Quintanilla, Jim Cramer and David Faber discuss the mixed picture for stocks on the last trading day for the month of May. Investors are bracing for a news conference on U.S. – China relations from President Trump this afternoon. And a battle between the President and social media companies heating up. Twitter flagging a tweet from the President on Minneapolis saying it’s quote, “glorifying violence.” Plus, the CEO of Bristol Myers joins “Squawk on the Street” to discuss the development of a vaccine for Covid-19. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil: Reopening
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Struggle After Pop, ‘FAIRNESS!’, Cracking down on Facebook & Twitter
Carl Quintanilla, Jim Cramer and David Faber break down the swift move downward for stocks as they struggle after popping at the open. The President preparing to sign an executive order aimed at cracking down on social media giants Facebook and Twitter. The order would push the FCC to tighten its oversight of online publishers and clarify regulations under Section 230 of the Communications Decency Act. The backlash comes just days after Twitter began fact-checking some of the President’s tweets. This morning President Trump tweeting, “a Big Day for Social Media and FAIRNESS!” Plus, Cramer’s take on the retailers reporting results. Both Dollar General & Dollar Tree beating the street and benefiting from the change in consumer behavior during the pandemic. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Stocks Surge for Second Day, Cramer’s Covid Index, NXP Semiconductors CEO
Carl Quintanilla, Jim Cramer & David Faber discuss the surge in stocks. The Dow trading back above 25 thousand and aiming for its first close above that level since back in March. All 50 states in the U.S. have begun reopening their economies to some extent. Cramer unveils his new picks for his Covid Index, the companies he sees succeeding in these unprecedented times. Plus, NXP Semiconductors new CEO joins the “Squawk on the Street” team as he begins his first day on the job. Hear what he has to say about the road ahead for his company and the economy in the Covid-19 era. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Massive Rally, Vaccine Hopes, NYSE President Cunningham on Reopening
Carl Quintanilla, Jim Cramer & David Faber discuss the massive rally in stocks as optimism grows surrounding the reopening of the economy and a potential coronavirus vaccine.Merck announcing its in collaboration to develop a coronavirus vaccine, with clinical trails to start this year. Plus, Novavax says it started the first human study of its experimental coronavirus vaccine. It’s expecting initial results on safety and immune responses in July. A historic moment as the NYSE partially reopens. New York Governor Andrew Cuomo rings the opening bell to mark the occasion. NYSE President Stacey Cunningham joins the “Squawk on the Street” gang to discuss the reopening strategy and the road ahead in the age of Covid-19. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Special Report | Markets in Turmoil
Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.