Squawk on the Street

Another morning of trade headlines (particularly out of China): Sara Eisen, David Faber, and Carl Quintanilla broke down the latest on a busy day of earnings and data. Exclusive comments from the CEOs of IBM and Pepsico - after results out of both names… Plus: Wedbush’s Dan Ives, who calls software the “safety blanket” in the storm here. Additionally within the hour: individual breakouts on new numbers from Comcast, Chipotle, Bristol Myers, and more. Plus: A deep-dive on regulation under Trump 2.0 – in a wide-ranging interview with FTC Chairman Andrew Ferguson… spanning their cases against Uber/Meta/Amazon to how DOGE cutbacks might impact their work. 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.

After a two-day rally for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed the markets digesting tariffs, the trade war and earnings.Weaker consumer demand and tariff uncertainty impacting results and guidance from the likes of PepsiCo, Procter & Gamble and Chipotle.Southwest Airlines CEO Bob Jordan joined the program to discuss the carrier cutting flights and withdrawing guidance. Also in focus: China deniesit is in ongoing trade talks with the U.S., Comcast earnings, chips rally, the Trump meme coin, what Netflix Co-CEO Ted Sarandos said about "saving Hollywood." Disclosure: Comcast owns NBCUniversal, the parent company of CNBC. 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.

Cramer says watch this ‘very inexpensive’ industrial stock. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtakeCNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ajay Banga, President of the World Bank and former CEO of MasterCard, discusses the critical role of job creation and poverty alleviation in developing nations. He highlights the ongoing U.S.-China trade negotiations and their impact on global markets. Banga shares insights on the World Bank's climate finance initiatives and the necessity for collaboration in addressing economic challenges. Tesla's stock rally is also a hot topic, despite the company’s financial dips, pointing to shifting dynamics in the energy sector and the broader economic landscape.

Markets are on a rally, fueled by Trump’s assurance on Fed Chair Powell’s position and insights on China tariffs. Boeing's CEO shares optimistic quarterly results, reflecting a recovery with strong demand. Meanwhile, Tesla faces challenges after a disappointing earnings report, though Musk is shifting focus away from DOGE to ambitious tech innovations. The discussion dives into the tech sector's mixed performance, investment strategies in data centers, and implications of potential tariff reductions on U.S.-China trade.

Tune in as the hosts discuss a promising turn for a struggling FinTech stock, highlighting its potential for a comeback. They dig into a recent earnings report that reveals positive trends and strategic adjustments for growth. The conversation also touches on the challenges posed by tariffs, adding depth to the analysis of the financial landscape. Get insights into market dynamics and expert predictions that could inform your investment decisions.

Joining the discussion are Christine Lagarde, the President of the European Central Bank, and Mark Fields, former Ford CEO and current advisor at TPG Capital. Lagarde shares her insights on global trade dynamics, the tariff implications from recent U.S. actions, and her outlook on Europe avoiding recession. Fields dives into Tesla's struggles with their earnings report, reflecting on the broader impacts of tariffs on the automotive industry. The conversation also touches on investment strategies in the tech sector amidst economic uncertainties.

Carl Quintanilla, Jim Cramer and David Faber explored stocks recouping most of their losses from Monday's sell-off, which put the Dow on track for its worst April since the Great Depression. Jim weighed in on President Trump's criticism of Fed Chair Powell and its impact on the markets. The anchors also discussed earnings from the likes of Verizon, GE Aerospace and 3M -- which saw its shares jump despite the addition of "tariff sensitivity" to its guidance. Also in focus: Warren Buffett's timely Apple stock sale, what Goldman Sachs CEO David Solomon told CNBC about tariffs, Boeing sells some of its digital aviation assets to Thoma Bravo for $10.55 billion, International Monetary Fund slashes its 2025 U.S. growth forecast. 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.

Cramer says this ‘catalyst-driven’ financial stock is a buying opportunity. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtakeCNBC Investing Club Disclaimer  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Torsten Slok, Chief Economist at Apollo Global Management, dives into the looming possibility of a 90% chance of U.S. recession this year. He discusses the current stock market downturn and the implications of President Trump's push against Fed Chair Powell. The conversation also covers the economic challenges small businesses face due to recent policies and tariffs. Investors are given insights into inflation, job cuts, and the strained relations impacting trade dynamics, all while navigating a pessimistic market outlook.