Squawk on the Street

Mona Mahajan, Head of Investment Strategy at Edward Jones, shares insights on the macroeconomic outlook, Fed policies, and labor market trends, emphasizing their implications for real estate. Tony Wong, Portfolio Manager at T. Rowe Price, delves into tech earnings and the future of AI investing. Lastly, Steve Leisman, Senior Economics Reporter for CNBC, analyzes dissent within the Fed and its possible effects on the market. Tune in for a dynamic discussion on critical market movers!

Jim Cramer highlights a promising buying opportunity with Apple's stock, thanks to strong quarterly results and optimistic guidance. He digs into Apple's impressive revenue growth, the strength of its services division, and the impact of supply constraints on iPhone sales. The discussion also touches on how a recovery in China could fuel future growth. Additionally, Cramer shares his interest in investing in Nike and Boeing due to their positive operational trends and potential for recovery.

Mike Wirth, Chairman and CEO of Chevron, discusses the company’s impressive earnings driven by record production and cash generation. He highlights growth from high-margin assets in the Permian, Guyana, and the Gulf of America. Wirth also addresses operating safely in volatile regions like Kazakhstan and Venezuela, emphasizing Chevron's crucial role in regional trade. The conversation reveals how Chevron's disciplined approach allows it to succeed even in a $50 oil price scenario. Overall, insights into the energy sector's resilience make for an engaging listen.

Cramer spotlights Starbucks' recent stock pullback as a golden buying opportunity. The hosts discuss improvements in customer feedback, highlighting a surge in compliments and a drop in complaints. Management's strategic shifts are showcased, enhancing performance during crucial dayparts like drive-thru and delivery. The conversation pivots to investor sentiment—should one buy now or wait? Tune in for insights on market reactions and what this means for your investment decisions.

Ed Yardeni, President of Yardeni Research, shares insights on the influence of Fed policy and tech earnings on market direction. He discusses expectations for a Santa Claus rally despite internal dissent from the Fed. Meanwhile, David Baszucki, co-founder of Roblox, reveals impressive user growth and 70% bookings increase despite temporary margin pressure. He underscores robust safety measures for younger users and a visionary approach to AI-driven content creation on the platform.

Brian Niccol, CEO of Starbucks, discusses the company's impressive turnaround strategy, including their successful Green Apron service and expansion plans in China. David Ricks, CEO of Eli Lilly, shares insights into the strong performance of their weight-loss drug Mounjaro and hints at the potential impacts of an upcoming oral pill. Both leaders explore consumer trends and the competitive landscape in their respective industries, offering fascinating glimpses into the future of food and health.

Jim Cramer discusses the ongoing tension between U.S. chip policy and China's Huawei, highlighting the geopolitical stakes involved. He dives into Corning's strong position in the data center market, revealing their decision to buy shares based on promising sales reports. The conversation offers insights into the future of key tech stocks and market dynamics.

Mohamed El-Erian, Allianz's chief economic advisor, dives into the intriguing concept of AI-driven market dispersion and its implications for investors. He shares insights on the Federal Reserve's outlook and the macroeconomic risks on the horizon. Also featured is Bruce Flatt, CEO of Brookfield, who discusses the company's ambitious plans in new U.S. nuclear projects and the critical role of AI infrastructure in reshaping energy demands. Their conversation touches on the significant influence of AI on both capital expenditures and long-term growth prospects.

Shantanu Narayen, the Chair and CEO of Adobe, shares insights into the company's ambitious AI product roadmap and innovative partnerships. He discusses how Adobe is integrating AI into its tools, enhancing creative workflows for consumers and enterprises alike. Narayen also addresses the recent stock reaction and emphasizes the importance of accessibility for small businesses. The conversation reveals Adobe's strategic positioning and highlights products like Firefly and collaboration with Google.

Jim Cramer dives into why Corning is positioned for substantial growth in the coming years. They discuss impressive quarterly results and the surge in fiber demand fueled by generative AI. The hosts tackle the critical issue of heat in data centers, highlighting how fiber helps solve this challenge. Analyst upgrades and bullish price targets add to the positive outlook, as plans for prudent investments in Corning are outlined. Tune in for insights that could shape your investment strategy!