Squawk on the Street

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.

Carl Quintanilla, Jim Cramer and David Faber discussed the markets kicking off a new week in sell-off mode. The anchors reacted to President Trump attacking Jerome Powell in a new Truth Social post and calling the Fed Chair a "loser" for not cutting interest rates. Tariff uncertainty and recessions fears also weighing on investor sentiment and sending the U.S. dollar to three-year lows. Also in focus: Pope Francis dies at 88,  Netflix rises on earnings, "Faber Report" on Elon Musk and xAI investors, analyst calls on Tesla, Disney and Salesforce. 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.

Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

This discussion highlights Eli Lilly's impressive stock surge and the increasing patient preference for oral medications over injections. The promising results of their phase three trial for an oral diabetes treatment are a key focus, emphasizing its potential for regulatory approval and market success. Additionally, the conversation navigates the effects of clinical trial outcomes on stock performance and the challenges posed by tariffs in the pharmaceutical sector, shedding light on the commitment to innovative healthcare solutions.

UnitedHealth faces a significant stock plunge after disappointing earnings and guidance revisions, impacting the Dow negatively. In contrast, Eli Lilly celebrates a surge thanks to successful trial results for its experimental weight-loss pill. The discussion heats up as President Trump criticizes Jerome Powell, urging for swift changes in leadership at the Federal Reserve. Also, insights into Nvidia's operations in China and a positive earnings report from Taiwan Semiconductor highlight tech trends amidst market volatility.

Stocks are feeling the pressure as Nvidia grapples with a hefty $5.5 billion charge from export restrictions, alongside AMD facing an $800 million loss. The podcast dives into the turbulent U.S.-China trade dynamics and the impact of tariffs on semiconductor stocks. United Airlines shares insights on consumer behavior amidst rising oil prices, while retail sales data creates waves of uncertainty. Additionally, listeners get a glimpse into the ongoing antitrust case against Meta, with legal challenges shaking up the market.

The tech sector faces turmoil as Nvidia and AMD's stocks slide due to new U.S. export restrictions on chip sales to China. The hosts dissect the implications for investors and the semiconductor industry amid escalating geopolitical tensions. Positive retail sales data suggests a stronger economy, while the ongoing U.S.-China trade war looms large. They also touch on market strategies and the performance of airlines and retail giants like Costco and Target in a shifting economic landscape.