Inflation and Tariff Watch, CoreWeave's IPO and AI, Lululemon Tumbles 3/28/25
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Show Notes
Carl Quintanilla, Jim Cramer and David Faber delved into a lot of news for the markets to digest, including the Fed's preferred inflation gauge: February Core PCE came in hotter than expected. The anchors reacted to a report which says President Trump warned automakers not to raise prices in reaction to tariffs. Ahead of its Friday public debut, Nvidia-backed AI cloud provider CoreWeave priced its IPO well below the expected range. Also in focus: Lululemon slides on weak sales guidance and a "cautious consumer," short seller vs. AppLovin, Deutsche Bank slashes its Tesla price Target.
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