Jim and Jeff reveal their bullish stance on a key home improvement stock amid shifting economic signals. They dissect the implications of a robust jobs market and rising interest rates, highlighting the tensions between bonds and stocks. The duo then explores investment prospects in Home Depot, emphasizing its adaptive responses after recent natural disasters and the resulting demand surge, positioning it favorably against other retailers. Expect candid insights that may reshape your market perspective!

Austan Goolsbee, the President of the Chicago Fed, shares insights on sticky inflation and the implications for rate cuts, emphasizing the nuances of the current job market and consumer confidence. Joe Dominguez, CEO of Constellation Energy, discusses the major $19 billion acquisition of Calpine, highlighting its significance in a surging energy sector. They touch on the intertwining impact of rising treasury yields, challenges in productivity growth, and the ongoing wildfires affecting California.

The stronger-than-expected jobs report sparked a market downturn, with rising bond yields raising concerns about interest rate cuts. Delta and Walgreens enjoyed stock surges after impressive earnings. Constellation Energy's massive $16.4 billion acquisition of Calpine highlights the urgent power demands from AI data centers. Additionally, California's wildfires affected communities and raised recovery challenges. Elon Musk's anticipations for DOGE and shifts in sports broadcasting also added another layer of intrigue to the market discussions.

Carl Quintanilla, Sara Eisen and David Faber began the show with stocks in the red as higher yields continued to bite. Sara broke down the morning’s data – ADP & Jobless Claims – ahead of a big interview with Outgoing Treasury Secretary Janet Yellen, and the team discussed the road ahead for markets with Truist Wealth’s Co-CIO Keith Lerner (who says to bet on Tech here).  A key sector lagging? Big tech, primarily Nvidia. Wedbush still calls the stock a buy, and the analyst behind that call joined the broadcast to defend his price target. Also in focus: Palantir slides into correction territory, quantum computing stocks slump after new comments from Nvidia CEO Jensen Huang, and the state of commercial real estate with RXR Chairman Scott Rechler. Squawk on the Street Disclaimer

Quantum computing stocks are experiencing a significant drop after comments from Nvidia's CEO at CES, despite some still soaring over 1,000% in the past year. Palantir continues its downward trend post-record highs. Meanwhile, California wildfires are forcing thousands to evacuate, disrupting lives and impacting market reactions. The discussion also covers rising inflation, interest rates, and notable downgrades of major companies, highlighting the tensions and dynamics currently shaping the financial landscape.

Discover the exciting innovations from NVIDIA, shaping the future of AI and robotics. Self-driving cars and a new AI chip are just the tip of the iceberg. The discussion delves into how these advancements are challenging traditional automakers. Meanwhile, gain insights into current market trends and sector performances. It's a deep dive into the impact of technology on the economy and investment strategies.

David Burritt, the outspoken CEO of U.S. Steel, shares his thoughts on the Biden administration's decision to block his company’s merger with Nippon Steel, revealing his legal strategy to challenge it. The discussion also highlights Jensen Huang's impactful keynote at CES, reflecting on its immediate effects on the tech market, particularly NVIDIA's stock performance. Additionally, the conversation touches on the recent downgrades of heavyweight companies Apple and Tesla, sparking a debate about their future in a shifting economic landscape.

In a lively discussion, the team delves into Nvidia's game-changing AI advancements showcased at CES, pushing its stock to new heights. They react to Apple's recent downgrade to 'sell' and explore Meta's strategic pivot from fact-checking to appointing UFC CEO Dana White to its board. The conversation takes a humorous turn as they analyze Tesla's downgrade and Ulta's leadership changes amid shifting market trends. With insights on mergers and industry dynamics, the episode highlights significant moves in the tech landscape.

Tariffs are shifting market dynamics, particularly for consumer stocks like Constellation Brands. The conversation highlights the influence of recent tariff policies and their effects on stock valuation for major players like Tesla and Palantir. With a resurgence in tech enthusiasm, investments in stocks such as NVIDIA are also discussed. Additionally, the role of political factors in shaping market perceptions within Hispanic communities adds an intriguing layer to the conversation.

This conversation features Eric Knudsen, the multi-asset CIO at Neuberger Berman, who shares insights on the 2025 investing landscape, particularly in tech. He discusses the potential of Nvidia amidst AI demand and the ramifications of market volatility. Sarah Kaufman, NYC’s Taxi Commission Commissioner, explores the effects of the city's new congestion pricing, aiming to enhance transit efficiency while navigating legal challenges. Their discourse delves into market dynamics, tech stock growth, and urban transportation innovations.