Squawk on the Street

Jim Cramer calls out the absurd stock drop of GE Vernova after a strong quarter, urging investors to buy. The discussion highlights impressive revenue growth, a hefty backlog, and strategic acquisitions bolstering electrification. Cramer contrasts GE Vernova's nuclear capabilities with speculative competitors and emphasizes its gigawatt-scale advantage. The duo also shares excitement about upcoming investor updates that promise growth insights, plus the company’s strong positioning in hyperscaler orders and data center opportunities.

In this discussion, SEC Chair Paul Atkins weighs in on the implications of a potential government shutdown on corporate filings and IPOs. He also addresses the growing trend of meme stocks and regulatory actions surrounding them. AT&T CEO John Stankey shares insights on subscriber growth and the company's strategy in broadband and wireless amid evolving market demands. Wes Cummins from Applied Digital unveils plans for a $5 billion AI factory, while analyst Alan Gould analyzes Netflix's quarterly results and speculates on potential acquisitions.

Netflix faces a tough quarter with an earnings miss, prompting discussions on potential M&A opportunities amid Warner Bros. Discovery's impending sale. Attention turns to Beyond Meat's astonishing 900% surge, signaling a rise in meme stock enthusiasm. Texas Instruments reveals weaker guidance, raising concerns about the chip sector's recovery. Insight into Vertiv's strong performance highlights continued data center demand. Finally, Jim recommends Capital One as a compelling buy, supported by its improving credit metrics.

Jim Cramer highlights how glass technology plays a crucial role in cooling AI data centers, emphasizing Corning's significance in this space. The discussion explores Corning's ties with Apple and advances in foldable glass. Jeff Marks shares insights on Corning's growth strategy and sales projections through 2026. The duo also touches on the company’s diverse markets and engineering capabilities, while revealing the CNBC Investing Club’s position in Corning ahead of an important earnings report. Tune in for a blend of finance and tech insights!

James Quincey, CEO of Coca-Cola, shares insights on quarterly results, highlighting consumer trends and the use of AI in marketing. He discusses challenges in key markets like India and China. Keith Meister, founder of Corvex Management, explores the state of activist investing, emphasizing the importance of collaboration over confrontation. Lauren Taylor-Wolfe of Impactive Capital offers her perspective on the AI bubble, noting similarities to the dot-com era and advocating for long-term value investments amid market volatility.

Jeff Smith, CEO of activist investment firm Starboard Value, shares insights into high-stakes corporate strategies. He discusses Starboard's recent stake in Kenvue, emphasizing turnaround plans and the significance of board changes. Smith advocates for action at underperforming companies to unlock value, asserting that activism remains a potent force in today's market. The conversation also touches on strategic investor practices seen at recent summits, catching the pulse of the evolving investment landscape.

Jim Cramer raises eyebrows discussing the debate over nuclear power demand, highlighting PG&E's insights on grid capacity. He advises savvy investors to take profits from nuclear stocks and speculative energy plays. The conversation is candid and insightful, aiming to help listeners navigate the complex energy market landscape. Tune in for a strategic take on current investments amid shifting market dynamics.

Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, shares insights on earnings season, emphasizing market sensitivity and the need for solid balance sheets. Ruchir Sharma, from Rockefeller International, discusses the surprising simultaneous rally of gold and stocks, warning of potential risks if liquidity tightens. Billionaire investor Mark Cuban praises recent drug pricing initiatives, hinting at administration successes. The conversation weaves through market dynamics, highlighting implications for investors as they navigate these volatile times.

The discussion begins with excitement over Apple's strong iPhone 17 sales boosting stock prices. Analysts predict a busy week ahead with numerous corporate earnings reports. Rare earth stocks are heating up due to U.S.-China tensions surrounding export curbs. The Amazon Web Services outage raises questions about growth prospects. NVIDIA's CEO shares insights on chip supply challenges, while gold sees a surge amid changing Chinese demand. There's also a cautionary note on speculative trading and leveraged ETFs from the hosts.

Dan Niles, a veteran tech investor and founder of Niles Investment Management, shares insights on the bullish outlook for tech stocks leading to Thanksgiving, despite AI revenue concerns. Krishna Guha, Vice Chair at Evercore ISI, discusses the mixed signals in the economy, including a weakening labor market amid inflation worries. They also address regional bank credit health, refuting fears of systemic issues while highlighting strong consumer loan growth. Plus, the podcast reveals a staggering $300 trillion error in crypto markets.