Squawk on the Street

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.

CEO of CrowdStrike, George Kurtz, discusses a global IT outage caused by a content bug, not a cyber attack. Market reactions to earnings from Netflix and Amex are touched upon. The importance of cybersecurity in the banking sector is emphasized, along with the significance of proactive communication in resolving incidents.

Exploring the tech sell-off aftermath and chip sector rebound, investors navigating the great rotation. Senator JD Vance's Wall Street message raises eyebrows. Netflix earnings anticipation, Meta's interest in Ray-Ban's maker, and Wells Fargo's upgrades make waves. Faber's report on Warner Bros. Discovery's future adds intrigue.

Carl Quintanilla, Jim Cramer and David Faber explored what investors should make of the market rotation that has fueled a rally in small caps: The Russell 2000 up double-digits month-to-date. The anchors also discussed the chip sector tumbling in Wednesday's session -- and where the White House, China and former President Trump fit into the picture. Also in focus: Johnson and Johnson leads the earnings parade, Fed Governor Waller on rate cuts, reports of new layoffs at Warner Bros. Discovery, Roche’s obesity drug trial weighs on shares of Eli Lilly and Novo Nordisk. 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.

In this podcast, Jim and Jeff discuss retail stock picks like Best Buy. They analyze market trends, stock rotation, and buying opportunities in tech companies like AMD. Join the CNBC Investing Club for more insights.

Topics include Bank of America and Morgan Stanley's earnings beats, Elon Musk's alleged support for a pro-Trump super PAC, potential impact of a Trump second term, Amazon Prime Day, UnitedHealth leading Dow to new highs, GM CEO on EV growth, and more