Squawk on the Street

Carl Quintanilla, David Faber and Mike Santoli discussed how investors should view market volatility with the Dow in the midst of a three-day winning streak and mega-cap tech seeing valuations slashed. They also explored growth worries versus inflation fears, as well as Wall Street's recession debate. Jefferies analyst Brent Thill joined the discussion about how investors should play the beaten-down tech sector. Also in focus: Billionaire investor Bill Ackman's tweet storm about short-term interest rates and stocks, Apple and China COVID lockdowns, retail earnings winners and losers, Nelson Peltz's Trian explores taking over Wendy's, and the battle for ExxonMobil one year later -- as the company kicks off its annual shareholder meeting. 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 Mike Santoli led off the show with a look at shares of Snap tumbling and falling below its 2017 IPO price on the company’s profit warning. The anchors reacted to Snap's news dragging down social media stocks including Twitter, Pinterest and Facebook parent Meta Platforms. How might Twitter's decline impact Elon Musk's takeover bid for the company? Also in focus: Markets pulling back after Monday's rally, Best Buy rises and Abercrombie & Fitch plummets on earnings news, sources tell David that Broadcom is in talks to pay in the $140/share range for VMWare, plus a look at Jim Cramer's "green thumb." 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 Mike Santoli discussed the markets looking to start the week on a positive note after the S&P 500 extended its weekly losing streak to seven on Friday. The anchors explored which sectors could help turn the tide. They also reacted to President Biden's comments on the economy: He said a recession in the U.S. is not inevitable. On the M&A front: sources say chipmaker Broadcom is in advanced talks to acquire VMWare, whose shares surged on that news. Also in focus: Starbucks decides to exit its Russia business, What Jamie Dimon said at JPMorgan Chase's "Investor Day", and Tesla shares down 40% since Elon Musk disclosed his stake in Twitter last month. Is Tesla a buying opportunity? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the markets on track for another weekly decline, Carl Quintanilla, Jim Cramer and David Faber discussed stocks looking to rebound and whether this might indicate a bottom. The anchors also reacted to Amazon's nearly 30% decline from a month ago and Citi taking the stock off of its "Focus List." Jim explains why he believes Amazon is a buy at current levels -- and feels the same way about the defense sector. Also in focus: China cuts a key interest rate, Deere tumbles despite an earnings beat, Ross Stores joins the list of retailers getting crushed, Palo Alto leads a security stocks rally and Elon Musk strikes back against sexual harassment allegations. 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 what to make of the markets extending losses after Wednesday's massive sell-off: The worst for the Dow and S&P 500 since 2020. Jim offers his takeaway for investors. Cisco CEO Chuck Robbins joined the anchors on set for an exclusive interview: They discussed his company's guidance that slammed the stock -- and where the COVID lockdown in China and the war in Ukraine fit into the picture. Also in focus: Navigating inflation and exposure to China, Elon Musk's Twitter rant about Tesla being removed from an S&P ESG index, and Melvin Capital to unwind funds after suffering major losses from meme stocks. 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 took an in-depth look at the big story of the morning which helped to spark a market sell-off: Target shares plunged on a quarterly earnings miss, hurt by inflation and supply chain issues. The anchors reacted to what Target CEO Brian Cornell told CNBC -- that he should be held accountable for not properly forecasting rising transportation and freight costs. Jim compared Target's results to those of Walmart, Home Depot, Lowe's and TJX. Also in focus: Why Target's results are weighing on markets one day after stocks rallied despite Walmart's miss, earnings bright spots, Fed Chair Powell not ruling out more aggressive moves to combat inflation, JPMorgan Chase shareholders reject CEO Jamie Dimon's massive retention bonus, plus Cramer on the Elon Musk-Twitter saga. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ahead of Boeing launching its highly-anticipated Starliner flight, Morgan discusses bipartisan space policy, the rise of public-private partnerships and innovations in commercial space with former NASA Administrator Jim Bridenstine. 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 Scott Wapner delved into what's driving stocks sharply higher after Monday's choppy session. Shares of Home Depot jumped and Walmart shares tumbled in reaction to the retailers' respective quarterly results and guidance. The anchors discussed how certain stocks are indications of which CEOs are successfully executing their strategies versus those who are not. Also in focus: Elon Musk says his deal to acquire Twitter "cannot go forward" until he receives clarity about the number of fake accounts, Warren Buffett's big bet on Citigroup and what other billionaire investors are buying and selling, plus more earnings winners and losers as United leads the airline stock rally. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the S&P 500 and Nasdaq each in the midst of a six-week losing streak, Jim Cramer and David Faber discussed why this is a "pivotal week" for the markets. The anchors also reacted to comments from Fed Chairman Ben Bernanke -- who told CNBC the Fed's slow response to inflation was a mistake -- and former Goldman Sachs CEO Lloyd Blankfein on recession worries. Also in focus: Goldman lowers its S&P 500 price target for 2022, Warren Buffett ramps up his energy portfolio, JetBlue launches a hostile tender takeover bid for Spirit Airlines, Jeff Bezos tweets about inflation, McDonald's decision to sell its Russia business, Elon Musk and the Twitter "bot check," plus what to make of an upgrade for Netflix. 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 wrapped up a volatile market week as the S&P 500 looks to avoid bear market territory. Cramer outlines whether you should buy into Apple, Nvidia and other beaten-down tech names. Twitter shares tumble after Elon Musk tweeted that his takeover deal for the company is "temporarily on hold" -- following that with a tweet stating he is still committed to the acquisition. Carl, Jim and David Faber discussed what's at stake for Musk, Twitter and the $44 billion deal. Also in focus: Bitcoin rebounds back above $30,000 after this week's major crypto sell-off, plus where Coinbase and Robinhood fit 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.