Squawk on the Street

Brian Belsky, Chief Investment Strategist at BMO Capital Markets, shares his insights on market dynamics as the S&P and Dow reach new heights. He highlights financials, tech, and discretionary sectors as key players for growth. The discussion also covers Trump's pick for Treasury Secretary, Scott Bessant, and its potential market influence. Legal challenges facing Google over advertising practices are examined, alongside the bullish case for a year-end market rally and an optimistic outlook for tech stocks.

A historic day for stocks as the Dow and S&P 500 hit record highs following Scott Bessent's Treasury appointment! The discussion covers potential policies like tax cuts and tariffs under Trump. Warren Buffett’s impressive $1.1 billion donation also steals the spotlight. Retail outlooks are mixed as Thanksgiving approaches. Tech giants face new challenges with AI and competition. A dive into market strategies reveals shifting sentiments, especially among younger investors attracted to high-risk assets. Plus, insights on college sports recruitment and corporate dynamics add a playful twist!

Stocks have been on a winning streak, despite some bumps in major tech names. Investors are re-strategizing as the Trump administration approaches. Bitcoin is making headlines, inching closer to that $100K milestone. Meanwhile, IMAX CEO shares insights on a blockbuster weekend with 'Wicked' and 'Gladiator II' hitting theaters. The film industry seems poised for a major comeback, reflecting a shift in consumer habits and a return to the big screen.

The conversation dives into the hunt for the next big tech stock like Nvidia, with sage advice on what to look for. Political dynamics heat up with talk of a new Treasury Secretary in the making and how tariffs could impact retail. Stocks from Gap to Ross surge on positive earnings and holiday outlooks. Meanwhile, Amazon's bold $4 billion investment in Anthropic raises eyebrows, and the tech duel between OpenAI and Google captivates attention. Plus, a quirky look at dueling magazine covers featuring Elon Musk adds some flair to the mix.

Jim and Jeff break down the market reaction to this chipmaker’s earnings. 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/morningtake CNBC 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.

Carl Quintanilla, Courtney Reagan, and David Faber broke down Nvidia results on a volatile morning for shares with an analyst and a shareholder. Also discussed: Nvidia’s impact on the broader market, the street’s reaction to the print, and key risks to the stock’s rally ahead. While Nvidia drove the market conversation, the team also discussed steep losses for Google shares on DOJ/antitrust concerns and other key earnings out of Snowflake.   Plus: the health of housing with the CEO of Compass, and details behind what Sotheby’s calls “the most expensive banana ever” 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.

Carl Quintanilla, Jim Cramer and David Faber explored Nvidia's better-than-expected Q3 results and optimism about demand for its AI chips. Hear Jim's message aimed at "short-selling clowns." What's next for Nvidia shares? The anchors also reacted to an op-ed in The Wall Street Journal by Elon Musk and Vivek Ramaswamy, in which they outlined their "DOGE" plan to reform government. Also in focus: The DOJ asks a federal judge to force Google to sell its Chrome browser, Snowflake shares soar on earnings and guidance, Palo Alto Networks' quarterly  beat, bitcoin's march toward $100,000.  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.

Carl Quintanilla, Sara Eisen and David Faber discussed the latest on the retail front after Target shares plunged on weak results and a guidance cut, hurting stocks across the sector. What does it mean for the consumer? And is there pain ahead for retail stocks heading into the holidays? Sara broke down exclusive comments from Target’s COO, who said the consumer is still resilient – but resourceful – while the CEOs of Williams Sonoma and TJX called out strong demand in their results. Also in focus: prepping for Nvidia results after the bell – can the rally continue?; Comcast’s new plan to spin-off its cable businesses; and CNBC’s official 2024 NHL Valuations, including an exclusive with Utah Jazz & Hockey Club Owner Ryan Smith.  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.

Carl Quintanilla, Jim Cramer and David Faber led off the show with Target shares plunging. The retailer cut its holiday quarter forecast and posted its biggest earnings miss in about two years. The anchors compared Target's challenges with Walmart's Q3 beat and raised guidance. Comcast announced its intent to spin off most of NBCUniversal's cable networks to create a new publicly traded company. Also in focus: What to expect from Nvidia's earnings due out after Wednesday's close of trading, Delta's revenue guidance disappoints, earnings from TJX and Williams-Sonoma, President-elect Trump's latest cabinet picks including Dr. Oz, Disney's Treasure cruise ship debut.Comcast is the parent of NBCUniversal, of which CNBC is a unit. 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.

Carl Quintanilla, Sara Eisen and David Faber discussed the latest headlines out of Russia and Ukraine, after Vladimir Putin lowered the threshold for his country’s use of nuclear weapons. On the earnings front, the desk hit the strong results out of Walmart, which pushed the stock to a new all-time high. Staying with the consumer, Sara Eisen also took a closer look at RFK Jr.’s plans to “make America healthy again,” and broke down which food and snack stocks might be at risk. 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.