Tariffs, Wildfires, and Industry Insights

Carl Quintanilla, Jim Cramer and David Faber discussed the effect of tariff talk on markets. Thursday morning, President Trump posted on social media that his proposed tariffs on goods from Mexico and Canada will go into effect on March 4 -- and that China will be charged an additional 10% tariff on that same date. The AI trade also in the spotlight: Nvidia posted better-than-expected Q4 results, while Salesforce reported a Q4 revenue miss and issued weaker-than-expected guidance. Also in focus: "Fedspeak" on inflation by Kansas City Fed President Jeff Schmid, earnings movers including Snowflake, eBay, Warner Bros. Discovery and Paramount.

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