Squawk on the Street

The post-Fed rate hike sell-off rolls on. Carl Quintanilla, David Faber and Morgan Brennan discussed market jitters surrounding rising rates and fears about a potential recession. The Dow falls below 30,000 and breaks its June low, as bond yields continue to climb. The anchors reacted to Goldman Sachs cutting its year-end target on the S&P 500 to 3,600 from 4,300. Robinhood CEO Vlad Tenev joined the show exclusively to discuss everything from reports that the SEC will not ban payment for order flow -- to the company's new 3% interest rate benefit for top tier members. Also in focus: FedEx plans to hike shipping rates and cut costs, market reaction to Costco earnings, tax cuts in the UK, Apple Music becomes the new sponsor of the Super Bowl halftime show, and sources tell David that Credit Suisse is not pursuing a capital raise. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The morning after the Fed's latest 75 basis point rate hike, Carl Quintanilla, Jim Cramer and David Faber discussed stocks struggling to rebound from Wednesday's sell-off -- especially with the 2-year yield surging above 4%. Cramer weighs in on what Fed Chair Jerome Powell's goal to "really crush inflation" could mean for your money. The anchors reacted to what "Bond King" Jeffrey Gundlach told CNBC about the odds of a recession in 2023. Also in focus: Mixed results for homebuilders, the future for Meta and the Metaverse, Robinhood shares jump on a report regarding the SEC, JPMorgan Chase CEO Jamie Dimon calls crypto a "decentralized Ponzi scheme", Salesforce Co-CEO Bret Taylor's comments on profitability, Elon Musk vs. Twitter and Taylor's role as company chairman, and food stocks as bright spots. 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 what investors need to know ahead of Wednesday's Fed interest rate hike decision and statement. Ahead of President Biden's speech to the United Nations General Assembly, the anchors reacted to Russian President Vladimir Putin accusing the West of "nuclear blackmail" and announcing a military draft for the war in Ukraine. Defense stocks and crude oil prices jumped on his remarks. Also in focus: CEOs of the biggest U.S. banks head to Capitol Hill to testify before House lawmakers, Salesforce Chair & Co-CEO Marc Benioff and Nvidia CEO Jensen Huang talk to CNBC, and Charter's Tom Rutledge to step down as CEO. 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 explored the market moves as the Fed begins its two-day policy meeting. Amid expectations of an aggressive rate hike, should you park your money in a 2-year note yielding close to 4% -- or stocks? Cramer weighs in. The anchors reacted to what the CEOs of Home Depot and Intuit told CNBC about inflation and the consumer. Also in focus: Ford's third-quarter warning due to supply costs and parts shortages, Microsoft's dividend hike, venture capitalist Chamath Palihapitiya closing two SPACs, a judge denies the Department of Justice's request to block the UnitedHealth-Change Healthcare merger deal and Amazon offers a bullish take on streaming Thursday Night Football. 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 the markets trying to shrug off fears of aggressive interest rate hikes at this week's Fed meeting, with the ten-year note yield hitting its highest level since April 2011. The anchors reacted to President Biden's comments to CBS' "60 Minutes" about inflation. Crypto also in the spotlight with bitcoin falling below $19,000 to a four-month low on rate jitters. Also in focus: Take-Two Interactive’s Rockstar Games unit confirms a hacker leaked in-development footage from its upcoming "Grand Theft Auto VI" videogame, Amazon as a post-pandemic play, Meta shares trying to rebound, homebuilder stocks get upgraded, and Britain says its final goodbye to Queen Elizabeth II. 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 discuss the market selloff, picking up steam, after a stark warning from the CEO of FedEx. Raj Subramaniam joining Jim on “Mad Money” warning of a global recession, “I think so. But you know, these numbers, they don’t portend very well.” Shares of FedEx hammered after results missed on both the top and bottom lines. The company also withdrew its full-year guidance and announced significant cost-cutting measures including deferred hiring and shutting 90 offices and five corporate offices. Jim and David hone in on GE for the “Mad Dash” after the company said supply chain issues continued to weigh on the third quarter. Carl, Jim and David break out the other big movers of the morning including Uber, NCR, Apple, Huntsman and Tesla. David gives a sneak peak of his interview with Paramount CEO Bob Bakish, singing a more optimistic tune about the ad market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

As stocks try to rebound from Tuesday's big sell-off, Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to an unexpected rise in August retail sales and the White House announcing a tentative labor agreement to avert a national railway strike. Adobe shares tumbled to become the morning's worst performer on the S&P 500. The company's CEO Shantanu Narayen joined the program after announcing quarterly results, guidance and a $20 billion cash-and stock deal to acquire online design startup Figma. David had a pair of exclusive interviews: Disney CEO Bob Chapek and Verizon CEO Hans Vestberg. Also in focus: Big gainers including Netflix on a Wall Street upgrade and Humana on raised guidance. 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 and Jim Cramer explored the markets trying to rebound after Tuesday's consumer inflation report and interest rate hike fears resulted in the worst day for stocks since June 2020 -- including the Dow's more than 1,200-point drop. Fresh wholesale inflation data show the Producer Price Index fell 0.1% in August from the previous month. Cramer highlighted where to put your money in this environment. He also explained why he believes Costco's data is better than the government's when it comes to inflation. Also in focus: Mortgage rates surpass 6% for the first time since 2008, why Jim thinks the 2-year note is "the worst stock in the world," the buybacks bandwagon, Meta shares hit new lows for the year and what Starbucks founder Howard Schultz told CNBC about a "new era" for the company. 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 with the big story of the morning: Consumer inflation data erasing a pre-market rally and sparking a sell-off. The Consumer Price Index for August up 8.3% year-over-year, moderating for a second straight month but still hotter than what most economists had be expecting. The anchors discussed how investors should react to the market moves, rate hike fears and where to find buying opportunities. Also in focus: The Twitter whistleblower heads to Capitol Hill, Starbucks' "Investor Day," J.P. Morgan sees a "soft landing," Oracle's earnings, and the executive shakeup at Peloton. 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 the markets aiming for a fourth straight day of gains ahead of key inflation data due out Tuesday. Cramer explained what he finds "most interesting" about this market moment. Jim is in Seattle and previewed Monday night's "Mad Money" interviews with the CEOs of Amazon Web Services and Expedia. Also in focus: President Biden reportedly ramping up curbs on U.S. chip exports to China, billionaire investor Dan Loeb signals that he is no longer calling on Disney to spin off ESPN, Twitter calls Elon Musk's latest push to terminate their $44 billion deal "invalid," the potential railroad workers' strike, and bitcoin jumps back above 22,000. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.