Squawk on the Street

David Faber and Jim Cramer started the hour by looking ahead to the Federal Reserve kicking off its 2-day policy meeting, where the group is largely expected to leave rates unchanged. Cramer also broke down the MAG7 names with Microsoft shares set to report after the bell. Other earnings movers this morning included pharma names Pfizer and Merck, both topping estimates; however, shares of Merck dropped following light sales of its Gardasil HPV vaccine. After the opening bells, SoFi CEO Anthony Noto joined the show to break down his company’s quarterly results.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 Faber and Jim Cramer began the show by looking ahead to the big week for investors, which includes a flood of big tech earnings and a Fed decision on deck. The anchors also discussed former president Trump’s speech at the Bitcoin 2024 Conference, where he pledged a national Bitcoin stockpile and his plans to fire SEC Chair Gary Gensler if re-elected. The desk also hit quarterly results from McDonald’s, which missed analyst expectations for earnings and revenue. The fast food giant’s same-store sales also fell for the first time since 2020. During the opening bells, the anchors also mentioned Morgan Stanley analyst Adam Jonas and his decision to replace Ford with Tesla as his ‘Top Pick’ for the auto sector. 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.

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds.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.

Exploring electricity in historical innovations, impact of Spyder S&P 500 ETF on investing, Chevron's sustainable energy strategies. Ford's shares hit after earnings miss, market reactions, Nvidia's influence on valuations. Legal battle between NBA and Warner Bros Discovery, ServiceNow's results. Outstanding quarter success, Honeywell's report with margin pressure, IPO excitement. IBM's strong quarter, AI's impact, corporate America's flux, stock market recovery outlook.

The podcast delves into Alphabet's earnings report, specifically analyzing their cloud numbers, revenue, and operating performance. They discuss concerns about Google ads, Gen AI, visual search, and YouTube's impact on stock performance. The conversation also explores the importance of company investments to maintain technological leadership, comparing YouTube's growth to other tech giants.

Carl Quintanilla, Jim Cramer and David Faber began the show by breaking down the tough quarters for Tesla and Alphabet, dragging both stocks lower at the open. Tesla posted a profit drop for the second straight quarter, while the company’s auto revenue dropped 7% year-over-year. Although Alphabet topped earnings estimates, shares of the tech giant were under pressure after the company missed its YouTube advertising revenue expectations. The desk also turned to the consumer; Visa reported results saying spending remains strong, while the JPMorgan desk said it sees signs the macro-economic picture may be ‘cracking.’ After the bells the anchors worked in some other big earnings, including AT&T getting a boost after beating estimates for subscriber additions on demand for higher-priced plans.   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.

Exploring the relationship between oil prices, interest rates, and the Federal Reserve's influence on stock performance. Analyzing Danaher's earnings report and stock surge due to strong outlook in bioprocessing, along with the bullish move of buying back stock after 10 years.

Discussing earnings reports from GM, Coca-Cola, and UPS, with a focus on future results from Tesla and Alphabet. Media battles, Comcast earnings, and market trends also highlighted. Explore various industries, CEO searches, FTC investigations, and MSCI's business model.

Exploring the historical and modern influence of electricity on innovations, investing strategies, and market insights. Analysis of recent market movements and political impact on tech stocks, including tariffs, tech stock crackdowns, and shifting political perceptions.

Policy analyst Eamon Javers discusses the impact of Biden dropping out of the 2024 race, potential benefits for mega-cap tech stocks with a Kamala Harris win, CrowdStrike's stock drop, Elliott's stake in Starbucks, and Verizon's latest earnings.