Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber led off the show with Netflix shares up sharply in reaction to larger-than-expected quarterly subscriber growth. The company also announced that founder Reed Hastings stepped down as Co-CEO and would stay on as executive chairman. COO Greg Peters succeeded Hastings as Co-CEO and is serving in that role alongside Ted Sarandos. What does it all mean for N...

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending Wednesday's losses amid investor concerns about growth. The anchors reacted to comments made to CNBC by two big bank CEOs at the World Economic Forum in Davos, Switzerland: JPMorgan Chase's Jamie Dimon said he expects interest rates to rise above 5%, while Morgan Stanley's James Gorman expressed his belief that inflation...

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about the big story of the morning: Microsoft confirmed it plans to cut about 10,000 jobs or 5% of its workforce, joining the ranks of tech giants implementing layoffs. The company also said it is taking a $1.2 billion charge in fiscal Q2 related to severance costs and other changes. Also in focus: Wholesale inflatio...

Jim Cramer and David Faber delved deeper into another set of big bank earnings, discussing what to make of Goldman Sachs posting weaker-than-expected quarterly results while Morgan Stanley beats on profits and revenue. Breaking news on the Disney-Nelson Peltz proxy fight: Disney strikes back at the activist investor, saying he "lacks the skills" to assist the company's board. Also in focus: China'...

Jim Cramer and David Faber took an in-depth look into quarterly results from JPMorgan Chase, Bank of America, Citigroup and Wells Fargo. It is time to buy the banks? BlackRock Chairman & CEO Larry Fink joined the program. In a wide-ranging interview, the head of the world's largest asset manager discussed his firm's earnings, long-term investing and the ESG backlash. Also in focus: Tesla shares fa...

Carl Quintanilla, Jim Cramer and David Faber focused on two big stories: Key inflation data showing the December Consumer Price Index down 0.1% from November levels and easing year-over-year for a sixth consecutive month -- and Trian nominates activist investor Nelson Peltz for a seat on Disney's board. Peltz joined the program to discuss his proxy fight against Disney and the changes he would lik...

Carl Quintanilla, Jim Cramer and David Faber focused on the airlines after the Federal Aviation Administration grounded flights nationwide due to a system outage. The FAA eventually allowed flights to resume but airlines experienced thousands of delays and hundreds of cancellations. The anchors also discussed inflation and the markets ahead of Thursday's CPI data -- and reacted to eye-opening take...

Carl Quintanilla, Jim Cramer and David Faber discussed what investors should make of Tuesday's comments from Fed Chair Jerome Powell. In remarks delivered to Sweden’s central bank, Powell said the Fed needs to remain independent from political influence while battling inflation -- adding that "Price stability is the bedrock of a healthy economy." The anchors also reacted to Coinbase announcing its...

Carl Quintanilla, Jim Cramer and David Faber discussed the markets extending gains after a positive first week of 2023 for stocks. The anchors also explored woes for a pair of retailers: Shares of Lululemon and Macy's each down sharply on holiday quarter guidance. Carl, Jim and David reacted to Ant Group founder Jack Ma ceding control of the Chinese fintech giant, and the boost to shares of Alibab...

Carl Quintanilla and Jim Cramer discussed stocks jumping on the better-than-expected December employment report: Non-farm payrolls up 223,000, the unemployment rate fell to 3.5% and wage growth slowed. Labor Secretary Marty Walsh joined the program with White House reaction to the numbers. Tesla shares extended losses after the automaker slashed prices in China for the second time in less than thr...

Carl Quintanilla and Jim Cramer led off the show with a wide-ranging discussion about Amazon's plans to cut 18,000 jobs and how many more layoffs we might see in the tech sector. Wednesday night on CNBC, Jim urged Amazon to reduce headcount shortly before CEO Andy Jassy issued a memo to employees about the cuts. The anchors also reacted to comments from Kansas City Fed President Esther George, who...

As satellite operators send more spacecraft to orbit to connect their broadband services globally, Morgan breaks down the business case for internet constellations with SES CEO Steve Collar. Following the deployment of the first payloads for its O3b mPOWER constellation, they discuss surging satellite demand, the company’s partnership with SpaceX and a potential merger between SES and Eutelsat. Ho...

Carl Quintanilla and Jim Cramer took a deep dive into tech: Salesforce plans to cut about 10% of its workforce. The anchors weigh in on the stock and what Co-CEO Marc Benioff said in his letter to employees. Microsoft shares fell sharply after UBS downgraded the stock from "Buy" to "Neutral." Hear what Jim had to say about that call. All of this happening one day after Apple closed trading with a...

On the first trading day of the new year, Jim Cramer and David Faber explored what's ahead for stocks after the worst year for the markets since 2008. Jim outlines his investment playbook for 2023. The anchors also discussed the continuing slump in Tesla shares after the company missed its deliveries target for 2022. Cramer explains why he believes this is the year Ford and General Motors are "com...

Morgan Brennan, Scott Wapner and Mike Santoli started the hour with a look back at stocks’ performance for 2022. All major indices were on pace for their worst performances since 2008; the Nasdaq the biggest laggard among the 3, down more than 30% year-to-date. CNBC also had new data from its Delivering Alpha Survey, with 40% of respondents saying they believe the S&P will rise somewhere between 6...

Morgan Brennan, Scott Wapner and Mike Santoli began the hour with Tesla, trying to build on yesterday’s gains after snapping a 7-day losing streak. CEO Elon Musk sent a note to employees telling them “don’t be too bothered by stock market craziness.” After that, the anchors then discussed the broader markets will the major indices trying to rally a day after the Nasdaq touched its lowest level in...

2022 was a massive year for space, from a series of NASA milestones to the rise of mega-constellations. So why did publicly-traded space stocks crash this year, even as launch demand rises? Morgan sat down with United Launch Alliance CEO Tory Bruno to discuss the launch market, the company’s heavy-lift Vulcan rocket, and the outlook for the next year. Hosted by Simplecast, an AdsWizz company. See...

Morgan Brennan, Scott Wapner and Mike Santoli started the hour by breaking down the ongoing volatility around Tesla. Baird reiterated its “outperform” rating on the stock this morning, but lowered its price target to $252 from $316, the second price cut for Tesla in under a week. The anchors then shifted to the latest troubles for Southwest, as the stock continued to drop amid more flight cancella...

Morgan Brennan, Scott Wapner and Bob Pisani began the hour by breaking down the market action for the last trading week of 2022 as stocks tried to rally on news that China would drop quarantine requirements for international arrivals starting in January. Staying with travel, the anchors then shifted to discuss a chaotic weekend of holiday travel. Southwest Airlines canceled another 2,500 flights T...

On the final trading day before Christmas, Carl Quintanilla and Jim Cramer discussed Elon Musk's promise to pause selling more shares of Tesla -- but that news didn't stop the stock from continuing its slump. How low can it go? On the crypto front: FTX founder Sam Bankman-Fried under house arrest after being released on $250 million bond, as he awaits trial on criminal charges related to the colla...

Carl Quintanilla, Jim Cramer and David Faber reacted to Sam Bankman-Fried's return to U.S. soil after being extradited from the Bahamas. The founder of FTX set to be arraigned in federal court as he faces criminal fraud charges related to the collapse of his crypto exchange. The anchors also discussed comments from billionaire investor David Tepper after he told CNBC he is "leaning short" on equit...

Carl Quintanilla, Jim Cramer and David Faber discussed the big stories fueling Wednesday's market rally: Nike shares surging on better-than-expected quarterly results and raised guidance, while FedEx also gets a lift on an earnings beat and its vow to continue aggressive cost-cutting measures. The anchors also reacted to Tesla shares hitting fresh 52-week lows and Elon Musk's tweet highlighting wh...

Jim Cramer and David Faber engaged in wide-ranging discussions about Wells Fargo's multi-billion dollar settlement with the Consumer Financial Protection Bureau. The CFPB said it has ordered the bank to pay a penalty for "widespread mismanagement of auto loans, mortgages and deposit accounts." David with new reporting on the Twitter saga: Sources telling him Elon Musk is actively searching for a C...

In a big week for defense deal-making, private-equity firm Advent International is acquiring satellite operator Maxar Technologies in a deal valued at $6.4 billion at a nearly 129% premium. Morgan sits down with Advent International Chairman & Managing Partner David Musaffer to discuss the acquisition, the satellite market and the private markets’ role in M&A. Hosted by Simplecast, an AdsWizz comp...

Jim Cramer and David Faber led off the program with Elon Musk's Twitter poll: The majority of the platform's users said Musk should step down as head of Twitter. The anchors explored what it all means for shares of Tesla, which have tumbled since Musk closed the Twitter deal in late October. Also on the tech front -- the EU has charged Meta with antitrust violations. Costco CEO Craig Jelinek joine...