Squawk on the Street

The discussion dives into the recent drop in inflation and its impact on the stock market. President Trump's abrupt cancellation of talks with Canada due to an ad featuring Reagan raises eyebrows. Intel's stock skyrockets after a strong quarterly report, buoyed by the government’s stake. Retail turmoil looms as Target announces significant layoffs. Also examined are trends in the automotive sector, shifts in gold demand, and the surprising resilience of Boston Beer in a struggling market.

Jeff Marks, co-host of CNBC Investing Club, joins to delve into Honeywell's latest strong performance and optimistic outlook. They highlight the anticipated Solstice spinoff, predicting it will reveal substantial hidden value for shareholders. Jeff emphasizes his strategy to hold onto Honeywell shares, believing that focused companies can enhance their research and development efforts. Tune in for deep insights into market dynamics and investment strategies!

Diana Oleg, a housing market reporter, dives into September's home sales and inventory trends, highlighting first-time buyers and median price changes. Joe LaVorgna, Counselor to the Treasury Secretary, discusses fresh Treasury analysis on the federal deficit and the potential for increased tariff revenues. They also explore the implications of Tesla's recent performance, contrasting strong revenue growth with falling share prices. The IMAX CEO shares insights on a record-breaking quarter, adding another layer to the market's vibrant discussion.

Tesla faces scrutiny after missing earnings despite record revenue, with discussions on Musk's ambitious $1 trillion pay package and focus on AI-driven robots. Southwest Airlines surprises with profit thanks to new revenue strategies, while CrowdStrike's CEO highlights the importance of AI in cybersecurity amidst rising threats. T-Mobile's incoming CEO reveals growth plans involving satellite services. Additionally, high-profile NBA gambling arrests raise concerns about integrity in sports.

Jim Cramer calls out the absurd stock drop of GE Vernova after a strong quarter, urging investors to buy. The discussion highlights impressive revenue growth, a hefty backlog, and strategic acquisitions bolstering electrification. Cramer contrasts GE Vernova's nuclear capabilities with speculative competitors and emphasizes its gigawatt-scale advantage. The duo also shares excitement about upcoming investor updates that promise growth insights, plus the company’s strong positioning in hyperscaler orders and data center opportunities.

In this discussion, SEC Chair Paul Atkins weighs in on the implications of a potential government shutdown on corporate filings and IPOs. He also addresses the growing trend of meme stocks and regulatory actions surrounding them. AT&T CEO John Stankey shares insights on subscriber growth and the company's strategy in broadband and wireless amid evolving market demands. Wes Cummins from Applied Digital unveils plans for a $5 billion AI factory, while analyst Alan Gould analyzes Netflix's quarterly results and speculates on potential acquisitions.

Netflix faces a tough quarter with an earnings miss, prompting discussions on potential M&A opportunities amid Warner Bros. Discovery's impending sale. Attention turns to Beyond Meat's astonishing 900% surge, signaling a rise in meme stock enthusiasm. Texas Instruments reveals weaker guidance, raising concerns about the chip sector's recovery. Insight into Vertiv's strong performance highlights continued data center demand. Finally, Jim recommends Capital One as a compelling buy, supported by its improving credit metrics.

Jim Cramer highlights how glass technology plays a crucial role in cooling AI data centers, emphasizing Corning's significance in this space. The discussion explores Corning's ties with Apple and advances in foldable glass. Jeff Marks shares insights on Corning's growth strategy and sales projections through 2026. The duo also touches on the company’s diverse markets and engineering capabilities, while revealing the CNBC Investing Club’s position in Corning ahead of an important earnings report. Tune in for a blend of finance and tech insights!

James Quincey, CEO of Coca-Cola, shares insights on quarterly results, highlighting consumer trends and the use of AI in marketing. He discusses challenges in key markets like India and China. Keith Meister, founder of Corvex Management, explores the state of activist investing, emphasizing the importance of collaboration over confrontation. Lauren Taylor-Wolfe of Impactive Capital offers her perspective on the AI bubble, noting similarities to the dot-com era and advocating for long-term value investments amid market volatility.

Jeff Smith, CEO of activist investment firm Starboard Value, shares insights into high-stakes corporate strategies. He discusses Starboard's recent stake in Kenvue, emphasizing turnaround plans and the significance of board changes. Smith advocates for action at underperforming companies to unlock value, asserting that activism remains a potent force in today's market. The conversation also touches on strategic investor practices seen at recent summits, catching the pulse of the evolving investment landscape.