Squawk on the Street

Carl Quintanilla and Jim Cramer focused on the markets getting a lift from the tech sector, with the Nasdaq 100 up more than 20%from its October low. Micron shares moved higher despite the chipmaker's largest loss on record, while Nvidia extended its AI-fueled rally – shares up more than 80% percent in Q1, on track for their best quarter in more than two decades. Lululemon CEO Calvin McDonald joined the program exclusively to discuss holiday quarter results and full-year guidance that sent the stock soaring. 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, Jim Cramer and David Faber began the show with a look at Alibaba. Shares rose sharply after the Chinese e-commerce giant announced plans to split into six independent units. The discussion included a flashback to the "Squawk on the Street" interview with Alibaba founder Jack Ma in 2014 on the company's IPOday. Also in focus: Disney ditches its metaverse unit, Goldman Sachs warns about labor market disruption when it comes to AI, lower bonus payouts at Meta, Lyft shares jump on news that the company named a new CEO, McCormick shares spike on earnings, a “Faber Report” on WWE. 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 their market outlook after First Citizens acquires a large portion of Silicon Valley Bank. Jim says the banking crisis is not over yet but has slowed significantly. 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 First Citizens Bank shares surging after the company agreed to acquire the assets, deposits and loans of failed Silicon Valley Bank. News of the deal tempered concerns about banking turmoil and gave a boost to regional bank stocks. Which regionals are worth buying now? Also in focus: Salesforce avoids a proxy fight with activist investor Elliott Management, the "AI effect" on mega-cap tech stocks, Apple CEO Tim Cook visits China, Caterpillar gets slapped with an "Underperform" rating, "Overweight"-ing Tesla and an upgrade to "Buy" for Pinterest. 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 dissect this week’s market action after Treasury Secretary Janet Yellen’s remarks and the Federal Reserve’s interest rate hike Wednesday. 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.

David Faber and Jim Cramer began with the ongoing turmoil in the banking sector. Deutsche Bank was the latest name to add to the volatility, with shares dropping following a spike in credit default swaps Thursday night. The anchors also turned their attention to Secretary Janet Yellen who said the Treasury Department is ready to take “additional actions if warranted” to stabilize banks. In M&A news, shares of Activision Blizzard surged after the U.K.’s Competition and Markets Authority dropped some of its concerns about Microsoft’s takeover of the gaming company. After the opening bells, the anchors also talked the tech stock safe haven, with names like Alphabet, Meta and Nvidia up more than 15% in March alone. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Sara Eisen and Mike Santoli began with the market action a day after the Federal Reserve announced its 9th straight interest rate hike of 25 basis points. In his press conference, Chair Powell said the recent failure of some regional banks could cause ripple effects that slow down the economy. The anchors also turned their attention to TikTok, as the company CEO Shou Zi Chew made his way to Capitol Hill to testify before Congress about his app’s security concerns. Also in the mix: The anchors hit the double-digit drop of in shares of Block, after Hindenburg Research announced that the payment company was its latest short position, alleging that Block allowed criminal activity to operate with lax controls and “highly” inflates Cash App’s transacting user base, a key metric of performance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer’s take on the big Fed decision plus his thoughts on Nike and First Republic. 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.

Jim Cramer and David Faber discussed what to expect from Wednesday's Fed decision on interest rates: A hike aimed at battling inflation, or will policymakers stand pat in wake of recent banking turmoil? Nike shares fell as an earnings beat was overshadowed by a warning on margins due to excess inventory and markdowns. The anchors engaged in a wide-ranging discussion about the AI arms race -- from Nvidia CEO Jensen Huang on AI's "iPhone moment," to Bill Gates calling AI "revolutionary" technology. Also in focus: Regional bank PacWest opts against a capital raise and gets $1.4 billion from a financing facility, shares of GameStop soar and lift other "meme stocks" on its first quarterly profit in two years, UK regulators are considering an in-depth probe into the Broadcom-VMWare merger deal. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer hits on Tuesday’s market action as some sectors pop. 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.