Squawk on the Street

Carl Quintanilla & Jim Cramer discuss the market selloff intensifying to start the week. The S&P 500 tumbling to a new low for the year. Minneapolis Fed President Neel Kashkari’s commenting on inflation, saying he’s confident it will come back to the central bank’s 2% target, but not without some pain. David Faber breaking news that Ford is selling 8 million of its 102 million share stake in Rivian, according to his sources. Shares of the EV maker getting hammered on the news. The moves comes as the insider lockup period for selling the stock expires. Uber moving lower after CNBC obtained a staff email saying the company plans to slash spending on marketing, incentives and will be deliberate when adding workers. Uber CEO Dara Khosrowshahi saying, “After earnings, I spent several days meeting investors in New York and Boston… It’s clear that the market is experiencing a seismic shift and we need to react accordingly.” Plus, Carl and Jim breakdown the other big movers of the morning including Coty, Palantir and Tyson Foods. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer kicked off a busy show with a look at the extension of Thursday's market sell-off, which saw the Dow fall more than 1,000 points and the Nasdaq decline five percent -- wiping out Wednesday's big relief rally. Cramer offered advice on buying opportunities in this market, what to avoid and where inflation and the Fed fit into the picture. The key April jobs report showed non-farm payrolls up a better-than-expected 428,000, while the unemployment rate remained at 3.6%. Labor Secretary Marty Walsh joined the program with White House reaction to the report, as well as his perspective on the economy, inflation and the housing market. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

In recognition of National Astronaut Day, Morgan speaks with Colonel Chris Hadfield about the New Space Age. They discuss the astronaut’s time as commander of the International Space Station, his work across the commercial sector and how exactly one recovers from space blindness. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The morning after the Fed's biggest interest rate increase since 2000 and Chair Jerome Powell saying a 75 basis point hike is off the table, Jim Cramer and David Faber focused on a big pullback for stocks following the best day for the broader markets since 2020. How should investors navigate the volatility? Elon Musk disclosed that he has secured $7.2 billion in fresh financing for his Twitter takeover bid, with commitments from the likes of Oracle Chairman Larry Ellison, Sequoia Capital and Ron Baron. Sources told David that Musk is expected to serve as temporary CEO of Twitter for a few months once the deal is closed. Also in focus: Shares of eBay, Etsy, Wayfair and Shopify tumble on weaker-than-expected guidance, while Priceline parent Booking Holdings joins the list of market bright spots. Hosted by Simplecast, an AdsWizz company. See https://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 what to expect from the most-anticipated Fed meeting in many years: Chair Jerome Powell and policymakers expected to announce a 50-basis point interest rate hike. How many more hikes can investors expect? Earnings also in the spotlight: Starbucks and Airbnb rise after beating the street. Lyft shares plummeted on results and guidance, prompting Uber to move up the timing of its own its earnings announcement. In an exclusive, AMD CEO Lisa Su joined the program to discuss what drove the chipmaker’s better-than-expected quarterly results and guidance. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber explored what's ahead for the markets as the Fed kicks off a two-day policy meeting. Jim spoke out forcefully in reaction to comments Paul Tudor Jones made on CNBC: The legendary investor said he would advise Fed Chair Jerome Powell to "look for another job." The anchors also discussed where to find pockets of strength in this market. Also in focus: Elon Musk reportedly in talks to revise financing for his Twitter deal, Earnings movers from Expedia to Paramount Global, plus highlights from the Milken Institute Global Conference -- including what the CEOs of Goldman Sachs, Carlyle and Apollo Global Management told David about the Fed and the possibility of a recession. Hosted by Simplecast, an AdsWizz company. See https://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 a look at how investors should navigate the market in May, after the S&P 500's worst month since the beginning of the pandemic and the Nasdaq's poorest monthly performance since 2008. The anchors also reacted to news out of the Berkshire Hathaway Annual Shareholder Meeting over the weekend, including Warren Buffett's take on markets and inflation, Charlie Munger's harsh comments about Robinhood – and both men blasting crypto. At the Milken Institute Global Conference in Los Angeles, David interviewed Apollo Global Management CEO Marc Rowan about how the alternative asset manager is investing in a volatile market environment. Also in focus: Former Fed Vice Chairman Roger Ferguson tells CNBC he believes a recession is inevitable. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the final trading day of April, Carl Quintanilla and Jim Cramer explored market reaction to big tech results: Apple's view on supply constraints overshadow the company's quarterly beat, while Amazon tumbles on a quarterly loss and its slowest growth in two decades. Exxon Mobil and Chevron shares also down despite a surge in profits -- Exxon announced a $3.4 billion charge related to its planned exit from Russia. Also in focus: Intel down sharply on earnings, Robinhood shares slump on declines in revenue and monthly active users, why Chinese stocks are rallying, and Tesla jumps after Elon Musk said he plans no further sales of the stock in wake of his deal to buy Twitter. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer led off the show with a look at Meta shares surging on the Facebook parent's better-than-expected quarterly earnings and user growth. Is the worst over for the stock?. The anchors also reacted to GDP data showing the economy shrank at a 1.4% annual rate in the first quarter, marking contraction for the first time since early in the pandemic. What do Caterpillar and McDonald's earnings tell us about the economy? Southwest's new CEO Bob Jordan joined the program. Phil LeBeau and Jim interviewed him about the company's quarterly results, rising airfares and the airline's growth plan challenges. Also in focus: Teladoc shares plummet more than 40% on wider losses and weaker guidance -- a setback for investor and ARK Invest CEO Cathie Wood. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

One day after a more than 800-point drop in the Dow and the worst day for the Nasdaq since September 2020, Jim Cramer and Sara Eisen explored what to make of the markets following the tech sell-off, as well as “big tech” earnings from Microsoft and Alphabet. Boeing CEO Dave Calhoun joined the program. Phil LeBeau, Jim and Sara interviewed him about the jet maker’s first quarter results that missed analyst estimates. T-Mobile CEO Mike Sievert appeared on the show to discuss what’s driving profits, sales and the company’s raised guidance. Also in focus: Market reaction to earnings from the likes of General Motors, Visa and Chipotle. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.