Squawk on the Street

Join Greg Fleming, CEO of Rockefeller Capital Management, as he dives into the recent market fluctuations following a nine-day winning streak. They discuss the surprising downturn of Palantir shares despite positive results. Fleming shares insights from the Milken Global Conference, highlighting CEOs' concerns about the macroeconomic landscape and the potential impact of Federal Reserve decisions. The conversation also touches on the caution surrounding AI advancements and their implications for the job market and investment strategies.

Jon Gray, President and COO of Blackstone, dives into the financial landscape with insights on Warren Buffett stepping down at Berkshire Hathaway and what that means for investors. He explores the growing importance of AI in various sectors and discusses strategic investment opportunities in private credit and emerging markets like Japan and India. The conversation also touches on the latest developments from the Milken Institute, highlighting how economic strategies are evolving amidst global market challenges.

Charles Scharf, CEO of Wells Fargo, brings his insights on navigating economic uncertainties, discussing proactive strategies for consumer lending and the company's cautious optimism amid market challenges. Meanwhile, Mark Rowan, CEO of Apollo Global, shares perspectives on evolving U.S. trade dynamics and the implications of recent market shifts. Both leaders reflect on Warren Buffett's imminent departure from Berkshire Hathaway and the future of investment strategies, shedding light on the broader economic landscape and potential for operational growth.

Strong jobs data is driving stock market gains, with insights into the performance of major tech names like Apple and Amazon. Experts weigh in on the implications for future Federal Reserve moves and the ongoing tariff discussions with China. The podcast also analyzes key points from President Trump’s 2026 budget proposal, including shifts in defense spending amid geopolitical tensions. Plus, there's a live report from Omaha ahead of Berkshire Hathaway's annual meeting, highlighting investor sentiment and company strategies.

Mike Wirth, Chairman and CEO of Chevron, discusses the challenges his company faces amid falling oil prices. He highlights how recent job growth positively affects the economy and shares insights into the market's reaction to Chevron's quarterly results. The conversation dives into the effects of tariffs on major players like Apple and Amazon, examining the broader implications for U.S.-China trade relations. Wirth also touches on Chevron's commitment to balancing traditional oil operations with cleaner energy practices.

Discover why investors are urged to hold on to Eli Lilly stocks. Dive into the company's financial performance and the impact of CVS's partnership with Novo Nordisk on the market. Explore the exciting potential of Eli Lilly's new obesity pill, Orphaglipron, as discussions revolve around strategies for managing recent stock volatility. Join the conversation for insights that can help steer your investment decisions.

Steve Kovac, a CNBC correspondent known for his coverage of tech giants, dives into the recent stock market surge fueled by strong performances from Meta and Microsoft. He discusses the potential fallout of tariffs on Apple and the upcoming earnings reports from these tech titans. The conversation transitions to McDonald's facing its largest sales decline in five years, alongside insights into Tesla's leadership challenges. Kovac highlights the critical need for small businesses to navigate tariff repercussions in a shifting economic landscape.

Recent blowout earnings from Microsoft and Meta have sent the tech sector into a rally, boosting market optimism. Tesla faced scrutiny over CEO succession rumors, while the board denied any search for a successor. Ford's sales surge contrasts with declining electric vehicle figures, reshaping the automotive landscape. The impact of tariffs on automakers and the role of AI in future revenue growth were also notable topics. Meanwhile, industry insights highlighted challenges and opportunities in semiconductor production amid geopolitical tensions.

The discussion dives into Starbucks' recent earnings, highlighting challenges in sales and profits. Despite weaker-than-expected results, there’s a focus on the company’s strategic turnaround plans. Investments in operations and customer service are examined, showcasing a blend of caution and optimism about its recovery potential. Tune in for insights on navigating the coffee giant's path forward!

A huge morning for economic data: GDP, ADP, PCE, and some consumer reads – as stocks take a leg lower on GDP’s negative read.  Carl Quintanilla, Sara Eisen, and David Faber discussed the latest and what it all means for the broader markets alongside Charles Schwab’s Chief Global Investment Strategist… In addition to fresh analysis across the hour on Trump’s first 100 days when it comes to the broader economy, energy, and tech regulation (Why former DOJ Assistant AG for Antitrust Jonathan Kanter says more deregulation is likely). Plus: a deep-dive on the biggest earnings movers of the day, from Starbucks to Humana – and the latest from D.C., as Alphabet’s CEO takes the stand in Google’s DOJ antitrust trial and key tech CEOs visit the hill for a security summit.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.