Oracle's Cloud Struggles and Market Trends

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to shares of Oracle down sharply on a fiscal second-quarter miss and weaker-than-expected guidance.

The anchors also discussed why Morgan Stanley analyst Adam Jonas raised his price target on Tesla to $400 and reiterated the stock's "Top Pick" status. 

Also in focus: Alphabet shares jump on Google's quantum computing chip, a look at OpenAI's new "Sora" AI video generation model, Boeing reportedly restarts 737 MAX production, 

Alaska Air soars, a sneak peek at "Cities of Success: Salt Lake City" which premieres Tuesday night on CNBC at 10pm ET/PT.

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