Squawk on the Street

Carl Quintanilla, Mike Santoli and David Faber began the hour by breaking down the markets coming off their third-straight week of losses, and the Nasdaq hoping to avoid its 7th negative session in a row. Goldman’s chief economist Jan Hatzius posted a note saying he believes the “U.S. economy can achieve a soft landing, even though the path is narrow.” The anchors then hit the European energy crisis as Russia confirmed it would suspend its Nord Stream gas pipeline to Europe indefinitely. Also under pressure are Chinese stocks, with the country locking down 65 million of its citizens under COVID restrictions. Also in focus: Ukrainian President Volodymyr Zelenskyy virtually rang the opening bell at the NYSE. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber and Leslie Picker discussed market reaction to the August jobs report which showed non-farm payrolls up 315,000 – a pullback from July -- and the unemployment rate ticking higher to 3.7-percent. National Economic Council Director Brian Deese appeared on the program with White House reaction to the report, plus his views on inflation and lower energy prices. In an exclusive, Denver Broncos quarterback Russell Wilson and Carrier CEO Dave Gitlin spoke about their new clean air partnership. Wilson also offered his take on the NFL as well as investing after signing a five-year, $245 million contract extension. Also in focus: Starbucks names its next CEO, Lululemon surges on earnings and guidance, and Nvidia one day after the stock fell sharply to new 52-week lows. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a rough August for stocks, Carl Quintanilla, Jim Cramer and David Faber explored where investors should put their money in September, with the major indices in the midst of a four-session losing streak on interest rate fears. Chip stocks under pressure after Nvidia and AMD said the U.S. imposed new licensing rules -- and told them to stop exporting and selling their top artificial intelligence chips to China. Campbell Soup shares down sharply in reaction to the company's quarterly results and guidance. CEO Mark Clouse joined the show exclusively to discuss earnings, inflation, pricing power and the supply chain. Also in focus: What's pressuring the biggest losers in the tech sector, crude oil slides, and U.K regulators scrutinize the Microsoft-Activision deal. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On a busy final trading day of August, Carl Quintanilla, Jim Cramer and David Faber discussed the markets in the midst of a three-day losing streak -- as Fed officials double down on saying they'll do what it takes on the interest rate front to battle inflation. The anchors explored the impact of slowing consumer and corporate demand on the likes of HP Inc., Chewy, PVH and Seagate. Also in focus: Shares of Bed Bath & Beyond down double-digits after announcing a turnaround plan including new financing commitments, store closings and job cuts, Snap's restructuring announcement gives the stock a boost, Goldman Sachs lifting COVID-19 requirements in most of its offices, and the FDA authorizes Pfizer and Moderna's updated booster shots targeting the Omicron variant. Hosted by Simplecast, an AdsWizz company. See https://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 by discussing Elon Musk's newest filing aimed at terminating his agreement to buy Twitter -- he cites whistleblower allegations against the company. The anchors also explored the markets looking to rebound from two days of selling due to Fed Chair Jerome Powell's Jackson Hole comments. Also in focus: ExxonMobil's project dispute with Russia intensifies, Best Buy spikes on an earnings beat, energy stocks fall, meme stocks' volatility, plus shares of First Solar heat up -- how $1.2 billion fits into the picture. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

For spaceflight, propulsion engines are essential to launching a growing number of space launches and demand for hypersonic missiles. Morgan discusses rocket demand and manufacturing with Ursa Major Technologies CEO Joe Laurienti. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber focused on the markets extending losses from Friday's big sell-off, which was sparked by Fed Chair Jerome Powell's hawkish comments at the Jackson Hole summit. Where can investors hide in this environment? Also in focus: Elon Musk in Norway with a message on oil, gas and Tesla, why Chinese stocks are rallying, Senator Elizabeth Warren "very worried" that the Fed could cause a recession, and what SEC Chair Gary Gensler told Jim and David about remote work versus returning to the office. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber discussed what's at stake for the markets heading into Fed Chair Jerome Powell's much-anticipated speech at the Jackson Hole Economic Symposium. Electronic Arts shares jumped on a report that Amazon would announce a deal to acquire the videogame publisher, but sources tell David that Amazon is not expected to make such a bid. SEC Chair Gary Gensler joined the program to discuss the commission's preliminary deal with Chinese regulators, plus his take on crypto regulation. Also in focus: Reaction to earnings reports from the likes of Gap and Dell, and a judge orders Twitter to give Elon Musk more spam account data. Hosted by Simplecast, an AdsWizz company. See https://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 reaction to big tech earnings: Shares of Salesforce and Nvidia each down sharply on guidance that overshadowed both companies' quarterly results. The Fed also in the spotlight as the Jackson Hole Economic Symposium gets underway ahead of Friday's much-anticipated speech by Fed Chair Jerome Powell. The anchors discussed what Kansas City Fed President Esther George told CNBC about the state of inflation. Also in focus: Peloton shares tumble after the company missed expectations with a $1.2 billion quarterly loss, Snowflake shares surge on the cloud data platform's revenue beat, Tesla's 3-for-1 stock split goes into effect, and Amazon shutting down its telehealth service. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed markets, the Fed and potential rate hikes ahead of the Jackson Hole Economic Symposium set to begin on Thursday. The anchors reacted to Minneapolis Fed President Neel Kashkari's biggest fear when it comes to battling inflation. Housing cooldown concerns also in the spotlight after luxury homebuilder Toll Brothers lowered full-year deliveries guidance. Carl, Jim and David covered the bases on retail, including shares of Bed Bath & Beyond surging on a report stating the company had reached a financing pact, while Nordstrom shares tumbled on the department store chain’s outlook. Also in focus: Peloton strikes a deal to sell products on Amazon, T-Mobile U.S. nearing Verizon's market cap, a preview of after-the-bell earnings from Salesforce, Nvidia and Snowflake, plus David on Elon Musk vs. Twitter and what to expect from their Wednesday afternoon hearing. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.