Squawk on the Street

Wendy Sherman, former Deputy Secretary of State and lead negotiator for the Iran nuclear deal, sheds light on Iran's recent signals for de-escalation with Israel. She discusses the implications of renewed talks with the U.S. amidst ongoing geopolitical tensions. The conversation also touches on the G-7 summit developments and forecasts for global economic shifts. Insights into U.S. equities and the steady energy market further enrich the discussion, painting a complex picture of diplomacy and economic strategies in uncertain times.

Mike Santoli, a seasoned markets commentator, shares keen insights on the rebound in stocks despite Mideast tensions. He discusses the implications of the U.S. government’s 'golden share' requirement in the U.S. Steel acquisition and its impact on market stability. The rise of Meta's new advertising strategy for WhatsApp raises privacy concerns while aiming for revenue growth. Additionally, Santoli dives into Tesla's recent 'sell' recommendation and the challenges it faces in the competitive electric vehicle landscape.

H.R. McMaster, former National Security Advisor and senior fellow at the Hoover Institution, shares insights on the escalating Israel-Iran conflict and its potential fallout. He predicts significant geopolitical shifts, emphasizing how military actions could impact global energy markets. The discussion also touches on the implications for U.S. foreign policy and inflation. Experts weigh in on market reactions, noting a surge in defense stocks and the fluctuating dynamics of safe havens like gold against the backdrop of rising oil prices.

Scott Chronert, a Citi U.S. Equity Strategist, and Mike Santoli, CNBC's Senior Markets Commentator, dive into the fallout from Israel's airstrikes on Iran. They discuss how these tensions are causing global stock sell-offs and spiking oil prices, with defense stocks experiencing a notable surge. The duo also analyzes potential market implications for investors, the geopolitical landscape in the Middle East, and insights on companies like Adobe amid rising volatility. Tune in for a captivating blend of finance and international affairs.

Roger Altman, Evercore Senior Chairman and former Deputy Treasury Secretary, shares his concerns about a potential economic slowdown and discusses the implications of a significant fiscal bill on national debt. John McNeil, CEO of DVX Ventures and former Tesla president, dives into the automotive landscape, particularly GM's new investments in U.S. manufacturing. The podcast also covers the latest on a tragic Boeing 787 crash, inflation trends, and Chime's upcoming IPO, highlighting how these events shape the financial landscape and market strategies.

Carl Quintanilla, David Faber and Sara Eisen led off the show with tragic news: An Air India plane bound for London crashed shortly after takeoff from an airport in Western India. The aircraft was a Boeing 787 Dreamliner. News of the crash sent shares of the Dow component and jet engine maker GE Aerospace down sharply. As for inflation, the May Producer Price Index came in cooler than expected. IPO Watch: David interviewed the CEO of fintech firm Chime ahead of its public debut on Thursday. The startup hoping to join the ranks of companies who have seen their stocks soar since going public this year. Also in focus: The dollar hits new lows for 2025, President Trump's new trade message, Oracle surges, what Nvidia CEO Jensen Huang told CNBC about the U.S. imposing AI chip restrictions on China.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.

David Mericle, Chief U.S. Economist at Goldman Sachs, and Eamon Javers, CNBC correspondent, break down the latest in U.S.-China trade talks and inflation. They discuss how a better-than-expected CPI might influence Fed policy, with rising odds for rate cuts. The conversation heats up around Elon Musk's changing stance on Trump, the implications for Tesla, and Meta's bold $14 billion AI investment. Legal challenges in AI also take center stage, highlighting the ongoing battle between entertainment giants and AI technologies.

The hosts dive into President Trump's bold social media claim about finalizing a U.S.-China trade deal. They discuss surprising CPI inflation data that boosted stock markets and lowered bond yields. Elon Musk admits regret over recent comments about Trump while pushing for Tesla's robotaxi vision. Insights into major investments highlight Meta's $14.3 billion commitment to AI and GM's $4 billion production boost. Meanwhile, Nvidia's stock flirts with record highs, suggesting a tech-driven market shift.

Jim Cramer dives into the potential pitfalls facing a major tech giant, discussing strategies for boosting workforce efficiency. He reviews highlights from Apple's Worldwide Developers Conference and offers a cautious outlook on its stock. The conversation also raises eyebrows over stock buybacks and their impact on capital allocation. Additionally, the role of AI in product development comes under scrutiny, alongside insights from short-sellers on stock valuation and market trends.

David Koston, Chief U.S. Equity Strategist at Goldman Sachs, brings his expertise to the discussion on navigating market volatility. He shares insights on expected economic data trends and the rise of optimism in small businesses. The hosts delve into Apple’s underwhelming WWDC presentation and its impact on shares, while Disney's CEO outlines strategies for dominating the streaming wars. Additionally, the analysis of McDonald's concerning its recent downgrade raises questions about consumer value perception in the fast-food landscape.