Squawk on the Street

David Faber and Jim Cramer discuss the hang up on Capitol Hill. President Trump signing executive orders over the weekend aimed at extending pandemic relief after Congress failed to reach a deal. The orders extending unemployment benefits, providing a payroll tax holiday, deferring student loan payments through 2020 and extending the federal moratorium on evictions. Treasury Secretary Mnuchin join...

Carl Quintanilla, Jim Cramer and David Faber discuss the President’s executive order over TikTok & WeChat. President Trump banning the apps from operating in 45 days if they are not sold by their Chinese-owned parent companies. TikTok fighting back, threatening legal action against the executive order saying, “This Executive Order risks undermining global businesses’ trust in the United States’ co...

Carl Quintanilla, Jim Cramer and David Faber discuss the stimulus plan, or lack thereof, speaking with both sides of the aisle. Senate Majority Leader McConnell and House Speaker Pelosi both explaining their position on getting a deal done. Listen in to hear why, Speaker Pelosi says “perhaps you mistook them for somebody who gives a damn.” Plus, why Majority Leader McConnell says he believes that...

Carl Quintanilla, Jim Cramer and David Faber dig through the massive movers and deals of the morning. Teladoc and Livongo announcing they’re merging in a deal worth $18.5 billion. The CEO of Teladoc and the Executive Chairman of Livongo joining the “Squawk on the Street” team to discuss the deal and future of the newly combined company. A Faber Report to kick off the morning on Microsoft & TikTok....

Carl Quintanilla, Jim Cramer and David Faber start the morning with breaking news out of Ford. CEO Jim Hackett announces he’s retiring and handing over the reins to Jim Farley, Ford’s COO effective October 1st. Plus, the TikTok controversy continues, as Chinese state media slams the U.S. as a “rogue country” for its planned “smash and grab” of the company. Plus, President Trump says Microsoft shou...

Carl Quintanilla, Jim Cramer and David Faber weigh in on Microsoft, TikTok and the President. The tech giant confirming it will try to buy TikTok after CEO Satya Nadella spoke with President Trump. Microsoft said they’re committed to addressing Trump’s concerns about the social media platform. The “Squawk on the Street” team discusses the movers pushing the Nasdaq, as it hits a record high. Plus,...

Carl Quintanilla, Jim Cramer and David Faber breakdown the blowout results from big tech. Apple posting a blowout third quarter, sales were up 11%, the tech giant also announcing a 4-for-1 stock split. Plus, hear what Apple CEO Tim Cook told Cramer. Amazon sales soaring, trouncing earnings expectations and reporting double-digit revenue growth year-over-year. Facebook beating the street, and telli...

Carl Quintanilla, Jim Cramer and David Faber discuss a tweet from the President, pushing stocks deeper in the red. President Trump suggesting delaying the election tweeting, “With Universal Mail-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRAUDULENT Election in history. It will be a great embarrassment to the USA. Delay the Election until people can properly,...

Carl Quintanilla, Jim Cramer and David Faber dig through a slew of earnings and speak with the CEOs. Stocks flat as investors focus their attention on corporate results and what’s happening today in Washington. Big Tech execs are preparing to testify before the House Antitrust Subcommittee over dominance of online platforms. Amazon’s Jeff Bezos, Apple’s Tim Cook, Facebook’s Mark Zuckerberg and Goo...

Carl Quintanilla, Jim Cramer and David Faber discuss the earnings blitz and the big movers dragging down the major averages. McDonald’s reporting mixed results. Comparable restaurant sales were down 23.9% globally, but U.S. comparable sales were better than expected, falling 8.7% compared to estimates. The “Squawk on the Street” team also digging through results from Pfizer, 3M and Raytheon. The G...

Carl Quintanilla, Jim Cramer and David Faber discuss the big move in gold, as it hits a record high. The major averages in the green, moving higher to kick off a big week for earnings. Shares of Moderna skyrocketing, after the company said it has received an additional $472 million in government assistance for development of its COVID-19 vaccine candidate, and that a phase 3 study has now begun. O...

The “Squawk on the Street” team discusses the continued selloff after yesterday’s losses. Tensions continuing to ramp up as China orders the closure of a U.S. consulate in Chengdu, a retaliation move after Washington shut the Chinese consulate in Houston earlier this week. Shares of Intel getting hammered after saying its next-generation chips will come out 6 months later than expected. The compan...

Carl Quintanilla, Jim Cramer and David Faber dig through the big earnings mover of the morning. Tesla popping after the company scored a 4th straight quarter of profit. Twitter reporting a 34% jump in monetizable daily active users compared to a year ago. Microsoft moving lower, despite beat analyst expectations on earnings and revenue. The CEO of Southwest joins the “Squawk on the Street” team to...

Carl Quintanilla, Jim Cramer and David Faber discuss the move in stocks as U.S.-China tensions take center stage. The State Department ordering China to close its consulate in Houston, Texas. China’s foreign ministry spokesperson condemning the action and warning of firm countermeasures if the U.S. does not reverse its decision. Pfizer and the government striking a deal in which the company would...

Carl Quintanilla, Jim Cramer and David Faber discuss the surge in the major averages, getting a boost from the morning’s earnings movers. IBM reporting better-than-expected second-quarter earnings. Shares of Coca-Cola moving higher after announcing its profit fell 33% in the second quarter, but expressed optimism on over demand as lockdown measurers are lifted. Plus, David’s exclusive reporting on...

Carl Quintanilla and Jim Cramer discuss the surge in coronavirus cases across the U.S. A busy data morning on possible vaccines as Pfizer-BioNTech’s potential coronavirus vaccine shows promise after releasing additional data. Plus, Oxford University’s coronavirus vaccine with AstraZeneca showing positive immune responses in its early trial. Shares of Moderna in focus after J.P. Morgan downgraded t...

Carl Quintanilla, Jim Cramer and David Faber discuss the U.S. shattering its daily record for coronavirus infections, reporting more than 77,000 new cases. Florida, South Carolina and Texas all reporting their biggest one-day spikes. Plus, the mask mandate debating is heating up, as the Governor of Georgia sues the Mayor of Atlanta. And investors turning their attention to corporate earnings. Netf...

Carl Quintanilla, Jim Cramer and David Faber discuss the slump for stocks. Investors assessing earnings results and the latest economic data. Weekly jobless claims came in slightly worse than expected, while retail sales jumped 7.5% in June. Shares of Morgan Stanley higher after earnings and revenue beat the street. The bank also saw net revenue and net income rise to record levels, getting a boos...

Carl Quintanilla, Jim Cramer and David Faber discuss the surge in stocks. Markets getting a boost from blowout results from Goldman Sachs and Moderna’s vaccine news. Goldman Sachs crushing earnings estimates its biggest outperformance in nearly a decade. Revenue was more than $3.5 billion higher than the street was expecting, fueled by strong results in its trading and investment banking divisions...

Carl Quintanilla, Jim Cramer and David Faber discuss results from the big banks, as JPMorgan Chase, Wells Fargo and Citigroup all report before-the-bell. JPMorgan shares jumping after record trading revenue drives stronger-than-expected second quarter profit. Wells Fargo reports $2.4 billion for the quarter, slashing its dividend to 10 cents. And Citi shares rising after reporting better-than-expe...

Carl Quintanilla, Jim Cramer and David Faber discuss a higher start to the week for stocks, as earnings season gets underway. Two experimental coronavirus vaccines being developed by BioNTech and Pfizer have received a ‘fast track’ designation from the FDA. Spikes of covid-19 continuing across the U.S. as Florida reports more than 15 thousand new cases, shattering its record. Amid the surge, Flori...

The “Squawk on the Street” team discuss the market turn as stocks cut their losses. Gilead publishing new data on its antiviral drug remdesivir showing it reduced the risk of death for severely sick coronavirus patients by 62% compared with standard care alone. Goldman raises its Netflix target to the highest on the street, saying the stock could surge by more than 30% over the next year and is se...

The “Squawk on the Street” team discusses the mixed picture for stocks, but the Nasdaq continues its rise hitting a fresh record high. U.S. initial unemployment claims edging down in the latest week, better than expected at 1.3 million. More pain for retailers, as Bed Bath & Beyond announces it’s closing 200 stores over 2 years as its sales fall almost 50% during the pandemic. Plus, Sur La Table f...

The “Squawk on the Street” team takes a look at the market, charging higher as investors ignore the latest Covid-19 data. The U.S. reporting a record daily spike of more than 60,000 coronavirus cases as the total number of confirmed cases tops 3 million. Pain for retailers, Brooks Brothers filing for bankruptcy as it seeks a buyer and closes dozens of stores. Plus, Harvard and MIT are suing the Tr...

The “Squawk on the Street” team discuss the drop in stocks following Monday’s strong rally, as Covid-19 cases across the U.S. continue to surge. Atlanta Fed President Raphael Bostic telling the FT that the U.S. economic recovery will be “bumpier” as coronavirus cases continue to rise. Shares of Novavax skyrocketing, 45%, after winning a $1.6 billion dollar contract to develop a coronavirus vaccine...