Squawk on the Street

Earnings and the Consumer, China-U.S. Trade War, Southwest CEO "First on CNBC" 04/24/25

Apr 24, 2025
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INSIGHT

ServiceNow and Texas Instruments Shine

  • ServiceNow and Texas Instruments are outliers with strong earnings and growth despite broader market weakness.
  • Investors value secular winners who save money and expand into new markets like CRM.
INSIGHT

Consumer Nervousness Shows in Eating Habits

  • Consumer demand is weakening due to economic uncertainty and tariff concerns.
  • Discretionary items like potato chips being cut back signal consumer nerves about their financial stability.
ANECDOTE

Chipotle CEO on Consumer Slowdown

  • Chipotle saw a transaction slowdown as consumers reduced restaurant visits due to economic concerns starting February.
  • CEO Scott Boatwright emphasized the brand strength despite uncertain consumer headwinds.
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