Squawk on the Street

On the final trading day of March and the first quarter, Carl Quintanilla and Jim Cramer discussed what's next for stocks after a strong month and what is likely to be the worst quarterly market performance in two years. Hear what they have to say about the winners and losers. Oil prices also in the spotlight, taking a hit on reports President Biden is considering the release of around one million barrels of oil per day from the Strategic Petroleum Reserve. Also in focus: Russian President Putin demands gas payments in rubles, Apple looks to rebound after ending its 11-session win streak, Walgreens shares fall despite an earnings beat, Amazon union vote counts, and the "downgrade parade" for AMD, HP, Dell and PVH. 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 explored the markets trying to shrug off recession fears one day after a flat 2-year/10-year yield spread. The anchors reacted to RH CEO Gary Friedman's earnings call comments: He said inflation is "going to outrun the consumer." Apple also in focus as the stock aims to regain a $3 trillion market valuation along with a 12th straight positive session, which would match its record win streak set back in 2003. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss his company's upbeat earnings and guidance -- and Senate approval of the $52 billion bill aimed at boosting chip manufacturing in the U.S. Also in focus: Lululemon surges and Chewy tumbles. 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 focused on the stock market rallying after one of Russia's top negotiators called peace talks with Ukraine "constructive." The anchors also reacted to news that FedEx founder Fred Smith will step down as CEO in June and be succeeded by COO Raj Subramaniam. Meme stock madness once again in the spotlight after shares of AMC soared on Monday: GameStop and AMC each more than doubling in the past two weeks. Also in focus: Nielsen Holdings agrees to be taken private in a deal valued at $28 per share or $16 billion including debt, WTI crude falls below $100, and should Disney become a meme stock? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Axiom Space, in partnership with NASA and SpaceX, is set to launch the first-ever all-private mission to the International Space Station. Morgan speaks with company co-founder & CEO Michael Suffredini about the upcoming mission, the impact of geopolitics on the I.S.S. & the company’s plans for a commercial space station. 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 Tesla: Shares up sharply after the company disclosed it will ask shareholders to approve an increase in the number of additional shares, in order to enable another stock split. Apple shares fall on a report stating the company plans to cut production of the iPhone SE and Airpods. Cramer explains why he's still upbeat about Apple, whose streaming service became the first to win an Academy Award for best picture as "CODA" took the top prize Sunday night. AMC Entertainment CEO Adam Aron joined the program to discuss M&A, meme stocks, the movie business and Will Smith slapping Chris Rock on stage during the Oscars ceremony. The anchors also interviewed HP Inc. CEO Enrique Lores about his company agreeing to acquire Poly as HP bets on hybrid work trends. Also in focus: Oil prices tumble in reaction to Shanghai's lockdown amid a surge in COVID cases, crypto extends its March rally and the 10-year note yield hits 2.5% 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 explored what's next for the markets, with the S&P 500 and Nasdaq each on track for a second consecutive week of gains. The anchors discussed Bank of America's bullish note on the chip sector and what it calls the "MANGO" stocks. Which one does Cramer like most? The U.S. and European Union strike a natural gas deal in an effort to reduce EU dependence on Russian energy. Jim outlines the natural gas stocks to buy right now. Also in focus: Apple aims for a nine-session win streak and the EU agrees on new rules to rein in big tech's dominance, cannabis stocks surge on hopes that Congress will pass a bill to legalize marijuana, Bed Bath and Beyond's settlement with billionaire investor and GameStop Chairman Ryan Cohen, one Wall Street firm’s 50 basis point rate hike call, and how to profit from the metaverse. 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 discussed market volatility as President Biden met with G-7 and EU leaders at the NATO summit in Brussels. The U.S. announced a new round of sanctions on top Russian elites, officials and corporations. The anchors reacted to Blackrock CEO Larry Fink and Oaktree Co-Founder Howard Marks each warning of an end to globalization. Airline CEOs sent a letter to President Biden urging the White House to end pre-departure COVID testing and scrap the mask mandate for air travel. Also in focus: Nikola shares surge after the EV startup confirmed it started production of its battery-electric trucks, Uber agrees to list New York City taxis on its app, and whether to get in on big tech stocks' rebound. 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 focused on market volatility in wake of the the Russia-Ukraine conflict, as President Biden heads to Brussels for meetings with allies and NATO leaders to make the case for more aggressive sanctions against Russia. Chip industry CEOs including Intel and Micron head to Capitol Hill to testify before a Senate panel, as they seek subsidies to boost semiconductor production in the U.S. "Meme Stock Madness" back in the spotlight: GameStop extended its rally after chairman Ryan Cohen disclosed that he increased his stake in the company to 11.9%. Since mid-March, GameStop has soared more than 70% with AMC up 40%. Adobe CEO Shantanu Narayen joined the program to discuss his company's results, the outlook that weighed on the stock and halting sales in Russia. Also in focus: Jamie Dimon’s “Marshall Plan.” 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 explored why stocks have rebounded from Monday's decline, which was sparked by Fed Chair Jerome Powell saying he would not rule out larger interest rate hikes in order to combat inflation. The anchors also discussed Nike's better-than-expected quarterly results: The stock topped the list of Tuesday's gainers on the Dow and S&P 500. Alibaba also joined the rally and lifted beaten-down China stocks after announcing it would boost its stock buyback program to a record $25 billion. Also in focus: Carnival's wider-than-expected loss, Tesla opens its German "Gigafactory," Disney's staffing challenges, the Boeing jet crash in China, and Cramer on the retail shopping rebound. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

As the annual Satellite 2022 conference kicks off in Washington D.C., the war in Ukraine is shedding light on the critical nature of space infrastructure. Morgan speaks with Mark Dankberg, Executive Chairman of Viasat to discuss the hack on his company’s services, how companies fortify satellite operations and overall outlook for competition in the space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.