Squawk on the Street

Explore the tug-of-war between the White House and the Fed over economic policies, including tariff impacts. Discover why Nvidia is facing a four-week stock slump and how EchoStar's shares skyrocketed after a $17 billion deal with SpaceX. The conversation also touches on AppLovin and Robinhood joining the S&P 500, and a media shake-up with a high-profile departure from SiriusXM. Delve into shifting consumer behaviors towards value retailers and the evolving landscape for tech stocks.

Calvin McDonald, CEO of Lululemon, discusses the activewear brand's challenges following disappointing earnings guidance and how tariffs are affecting their market strategies. The conversation dives into the importance of innovation and adapting to competitive pressures in the premium segment. McDonald emphasizes Lululemon's commitment to brand momentum and customer satisfaction while addressing growth potential in international markets. Meanwhile, broader economic discussions touch on the implications of the latest jobs report and significant shifts in the stock market.

National Economic Council Director Kevin Hassett shares insights on the disappointing August jobs report and its implications for the economy. He discusses President Trump's recent tech summit and strategic efforts in the volatile job market amid rising AI automation. Attention also turns to Elon Musk's potential $1 trillion pay package tied to Tesla, alongside the stock market's record highs and shifts in sectors like housing and retail. A fascinating exploration of how technology and economic policies intersect is at the forefront.

In this discussion, Stephen Myron, Chair of the Council of Economic Advisors and nominee for Federal Reserve Governor, delves into economic indicators and the political dynamics affecting the Fed's role. Lorenzo Simonelli, CEO of Baker Hughes, shares insights on the evolving energy sector and strategies for stability amid market shifts. Key topics include the latest job market trends, debates around health policies, and Best Buy's strategies for adapting to consumer spending changes. Tune in for a blend of economics, politics, and industry insights!

The podcast dives into President Trump’s upcoming meeting with tech giants like Zuckerberg and Cook, but missing Musk. A sharp drop in Salesforce stock despite a solid earnings report steals the spotlight, while American Eagle's sales soar thanks to a new ad campaign. The discussion includes Figma’s rocky public debut and Gap's intriguing expansion into beauty. The hosts also touch on NFL team valuations, spotlighting the Cowboys' economic power, and the evolving landscape of retail. It's a lively mix of politics, tech insights, and retail trends!

Joe Lavorgna, Counselor to the Treasury Secretary, discusses the resilience of the economy amidst new JOLTS data and yields shifting. He emphasizes the admin's focus on strong economic indicators. David Zervos, Chief Market Strategist at Jefferies, shares insights on monetary policy and the Fed's strategies. They dive into Google's major antitrust win, which analysts see as a potential turning point for the stock. The conversation also touches on Pfizer's transparency around vaccine data and the current state of automotive sales, particularly with electric vehicles.

The podcast dives into the stock market's enthusiastic response to a favorable ruling in Google's antitrust case, with Alphabet and Apple shares surging. Discussions include the financial strategies of tech giants, implications of Federal Reserve independence, and key insights from retail performances, especially Macy's. The rise in gold prices and dynamics in the cybersecurity sector also take center stage, alongside assessments of major players like Zscaler and CrowdStrike, revealing complex challenges and opportunities in the market.

Cramer warns investors about a risky stock and highlights the importance of making informed decisions. Discover the innovative Find My Skechers shoes with Apple AirTag for tracking kids' footwear. Gain insights into major companies like Salesforce and Broadcom, along with their future earnings. The discussion also covers Morgan Stanley's updated price targets and how the jobs report impacts interest rates. Plus, learn about Starbucks' success driven by a fantastic product launch.

As the market faced a downturn on the first trading day of September, experts analyzed the implications of interest rates on inflation and consumer behavior. Warren Buffett expressed disappointment over Kraft Heinz's split decision, highlighting potential market impacts. The complexities of the oil market and PepsiCo's engagement with an activist investor added to the discussion. Political dynamics surrounding healthcare policies also made waves, reflecting on how they could reshape the insurance sector amid ongoing regulatory scrutiny.

Investors are guided on where to allocate funds in September, typically a challenging month for stocks. The split of Kraft Heinz into two companies garners attention, while PepsiCo's shares surge after Elliott Management's $4 billion investment. Market reactions are influenced by geopolitical events, including Trump’s tariff issues and the China summit. The podcast also dissects economic volatility's toll on major food brands, shedding light on growth strategies amidst retail shifts and evolving consumer preferences.