Squawk on the Street

Heading into the 4th of July holiday,, David Faber, Leslie Picker and Mike Santoli explored what to expect from stocks in the second half of 2023 following a bullish first half, especially for tech. Tesla and Rivian led Monday's EV stock rally after posting better-than-expected quarterly deliveries. Analysts joined the program with their outlooks for Tesla and energy, respectively -- the latter was the worst performing S&P sector in 1H. Also in focus: Treasury Secretary Janet Yellen to visit Beijing on Thursday for a four-day meeting with senior Chinese officials, the outlook for regional bank stocks, Zuckerberg vs. Musk cage match update. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On a busy final trading day of the month, quarter and half, Carl Quintanilla, David Faber and Sara Eisen explored the 2023 rally, led by the Nasdaq -- on track for its best first half in four decades, fueled by AI. What can investors expect in the second half? The Fed's favorite inflation gauge gave a lift to stocks on Friday: Core PCE cooled in May on a year-over-year basis. The anchors discussed Apple hitting a $3 trillion valuation at the open of trading. Also in focus: Nike shares fall on mixed quarterly results, the latest on merger deals in the FTC's crosshairs -- Microsoft-Activision and Amgen-Horizon Therapeutics.  Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli highlighted a big Thursday for the IPO Market.Thrift shop operator Savers Value Village, Kodiak Gas Services and Fidelis Insurance all going public with listings on the NYSE. The CEO of Savers joined the program at Post 9 to discuss his company's debut. The anchors discussed the rally in the financial sector after 23 banks passed the Fed's stress test. Also in focus: Micron posts a quarterly beat and rides the AI boom, Apple's marchtoward a $3 trillion valuation, Disney gets downgraded, FTC vs. Microsoft-Activision update. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Mike Santoli led off the show with Nvidia and other semiconductor stocks under pressure -- after The Wall Street Journal reported the Biden Administration is considering new restrictions on exports of AIchips to China.Top central bankers also in the spotlight: CNBC's Sara Eisen moderated a panel discussion at the ECB Forum in Portugal, including Fed Chair Jerome Powell, ECB President Christine Lagarde, Band of England Governor Andrew Bailey and Bank of Japan Governor Kazuo Ueda. Also in focus: General Mills slumps on its sales miss and outlook, a "Faber Report" on the FTC vs. Microsoft-Activision -- the CEOs of both companies expected to testify in court Wednesday. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the Dow in the midst of a six-day losing streak -- and the S&P 500 down in five of the last six sessions -- Carl Quintanilla, David Faber and Mike Santoli explored whether or not this year's market rally is losing steam. Shares of Walgreens Boots Alliance fell sharply after the company slashed guidance and posted its first quarterly earnings miss in three years. A different story for Delta: The airline raised Q2 guidance and hosted its annual "Investor Day" event. Also in focus: EV stocks roundup, the IPO market's busy week, the Snowflake-Nvidia AI partnership, Citi ups its price target on Meta to a street-high $360. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Sara Eisen discussed what's ahead for the markets entering the final trading week of the month, quarter and half. NBC News Chief Foreign Correspondent Richard Engel reported on the fallout from the mercenary revolt in Russia. David's "Faber Report" highlighted a number of real estate deals, including one that sent shares of SL Green up by double-digits. Also in focus: Goldman Sachs joins the Tesla downgrade parade, Carnival shares down sharply despite a quarterly beat, FTC vs. Microsoft-Activision update, IBM to buy software company Apptio for $4.6 billion, obesity drug news moving pharma stocks.  Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and Jeff Marks discuss the market and why now is not the time to buy despite a down week. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed stocks pulling backat the end of a holiday-shortened week, with the Nasdaq and Nasdaq 100 on track for their worst week since April. Jim explained why he doesn't believe the selling is over. On the flipside, 3M shares rose after the Dow component agreed to pay up to $12.5 billion to settle hundreds of lawsuits by citieswho said the company's "forever chemicals" contaminated their drinking water. The anchors reacted to comments by UFC President Dana White, who said Mark Zuckerberg and Elon Musk are "dead serious" about fighting in a cage match. Also in focus:the biggest market movers, why CarMax topped the list of S&P 500 gainers, the FTC vs. Microsoft-Activision trial day two, numbers on Amazon and the consumer. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and Jeff Marks discuss the market as they wait to make moves at these levels. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake  CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber led off the show with Tesla and why Morgan Stanley analystAdam Jonas downgraded the stock to "Equal-weight" from "Overweight" -- but raised his price target to $250.The anchors also reacted to Mark Zuckerberg agreeing to challenge Elon Musk in a cage match.Also in focus: The biggest movers as markets look to avoid a four-day losing streak, day two of Fed Chair Powell's Capitol Hill testimony, a rate hike parade led by the Bank of England, the FTC vs. Microsoft-Activision: Both sides head to court. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.