Squawk on the Street

Carl Quintanilla, Jim Cramer and David Faber began the show with a look at Moderna shares sliding, after cutting its Covid-19 vaccine sales forecast. The company is now expecting to deliver between 700-800 million does this year, down from previous expectations of between 800 million and 1 billion doses. The anchors also interviewed Qualcomm CEO, Cristiano Amon, a day after the company reported a strong earnings beat. Qualcomm’s chip sales for smartphones were up 56% year over year. Also in the mix: IBM spinoff Kyndryl began trading at the NYSE under ticker “KD.” CEO Martin Schroeter joined the crew ahead of the newly public company’s first trade. 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 big moves in two of the most shorted stocks on Wall Street: Bed Bath and Beyond shares soaring after the company announced a digital marketplace and e-commerce partnership with Kroger, while Avis Budget tumbles on a series of downgrades one day after the stock doubled. Zillow also in the mix, falling double digits after announcing plans to close its homebuying business. The anchors explored the action in the three stocks and how they compare with meme stocks GameStop and AMC Entertainment. Bed Bath & Beyond CEO Mark Tritton appeared on the program to discuss its Kroger partnership, the stock market's reaction to it and the retailer's share buyback news. Also in focus: A fresh record high for the Nasdaq, countdown to the Fed decision and statement, eco-friendly footwear maker Allbirds goes public, Activision tumbles on a game release delay and a weaker holiday quarter outlook, T-Mobile jumps on better-than-expected profits and subscriber growth, a rough year for shares of the major wireless carriers, plus what New York City Mayor-elect Eric Adams told CNBC about how he will reach out to the business community as he gets ready to takes office. 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's rally running in reverse: The stock fell sharply after CEO Elon Musk tweeted that his company's 100,000 vehicle deal with Hertz had yet to be signed. Cramer explained how investors should approach Tesla and other electric vehicle stocks. The anchors also discussed EV startup Rivian targeting a $60-billion valuation with its IPO slated for next week. Apple also in spotlight: Nikkei Asia reporting the tech giant has cut back sharply on iPad production to allocate more chips to the iPhone 13. The anchors reacted to what Commerce Secretary Gina Raimondo told CNBC about how long it might take to build a chip foundry in the U.S. Pfizer shares rose on better-than-expected quarterly results and raised guidance, citing strong demand for its COVID-19 vaccine and non-COVID treatments. Separately, Amazon lifts its mask mandate for fully vaccinated workers. Also in focus: Fresh record highs for the S&P 500 and Nasdaq, Under Armour soars on earnings news, shares of online education company Chegg get crushed on a revenue miss and weakness in enrollments, and DuPont agrees to acquire electronics materials maker Rogers Corp. for $5.2-billion -- in an effort to boost its presence in the EV, 5G and clean energy markets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

With the S&P coming off its best month since November 2020, Carl Quintanilla, Jim Cramer and David Faber explored what's next for stocks, with major indices hitting fresh record highs at the open on the first trading day of November. The anchors also delved into Tesla's record run and why the stock continues to rally without any fresh news to drive it higher. A shake-up in the banking world: Barclays announcing Jes Staley stepped down as its CEO, following an investigation into his relationship with disgraced financier Jeffrey Epstein. More travel trouble for American Airlines: Since Friday, the carrier has canceled more than 2,200 flights, citing poor weather and labor shortages. Carl, Jim and David compared American's cancellation problems with those of Southwest Airlines. On the M&A front, Coca-Cola confirmed it is acquiring the 70-percent of sports drink maker "BodyArmor" it doesn't already own -- the transaction valued at $5.6-billion. Also in focus: The road ahead for FAANG and retail stocks, The G-20 summit and the U.S. agreeing to relax tariffs on European steel, and Treasury Secretary Yellen meets U2's Bono. 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 shares of Apple and Amazon each taking a hit on earnings-related news. Apple missed on the top line in the third-quarter while Amazon posted weaker-than-expected Q3 results and disappointed the street with its holiday quarter guidance. Both tech giants impacted by supply chain woes. The anchors explored how investors should approach big tech now. Carl, Jim and David also looked at the road ahead for Facebook one day after it announced it is changing its corporate name to Meta -- and what highlighting a "metaverse" platform could mean for the stock. Starbucks CEO Kevin Johnson appeared on the program in an exclusive interview: The stock taking a hit as an earnings beat was overshadowed by a quarterly revenue miss, with sales growth slowing in China due to the COVID-19 Delta variant outbreak. Johnson explained Starbucks' strategy for navigating the pandemic and the supply chain crisis. Also in focus: Exxon Mobil and Chevron earnings reaching multi-year highs, Exxon's updated ESG strategy, plus sources telling David that Coca-Cola is expected to announce an $8-billion deal to acquire sports drink maker BodyArmor. 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 breaking news out of Washington: The White House set to announce a new, revised $1.75-trillion framework for President Biden's social and climate priorities that it believes will be able to pass both houses of Congress. The anchors and Senior White House Correspondent Kayla Tausche discussed what it all means for investors and the Biden economic agenda. Carl, Jim and David also explored market reaction to another busy earnings day, highlighted by shares of Ford surging on much better-than-expected third-quarter profit, upbeat guidance and the automaker’s decision to reinstate its quarterly dividend in Q4. The anchors reacted to what Ford CEO Jim Farley said on his company's earnings call about breaking supply and manufacturing constraints. Three CEOs joined the program to discuss their respective quarterly results and guidance -- plus where supply chain issues, inflation, labor shortages and the pandemic come into play: David Gibbs of KFC, Taco Bell and Pizza Hut parent Yum! Brands, ServiceNow's Bill McDermott, and Stanley Black & Decker's Jim Loree. Also in focus: Facebook stressing the metaverse amid rumors the company is going to change its corporate name, plus more earnings winners and losers. 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 took an in-depth look at the barrage of earnings reports on Wall Street's radar. They led off with Robinhood, whose quarterly results missed analyst estimates due to a crypto trading slowdown, sending the stock tumbling below its July IPO price of $38 per share. That was followed by a trio of CEO interviews: Boeing's Dave Calhoun on why he sees a light at the tunnel for the jet maker despite its earnings miss, AMD's Lisa Su on the chipmaker's results and upbeat guidance – driven by strong demand as the company benefits from the cloud and gaming, and GlaxoSmithKline CEO Emma Walmsley on better-than-expected earnings and raised guidance as she looks to transform the drugmaker. Also in focus: Market reaction to earnings from the likes of Microsoft, Google parent Alphabet, Twitter and McDonald's – plus, solar stocks in rally mode and major Tesla investor Ron Baron's eye-opening comments about Elon Musk. 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 began the show by exploring mixed quarterly results from Facebook -- and weighing in on Mark Zuckerberg's earnings call comments. In wake of whistleblower allegations, Zuckerberg complained about a "coordinated effort to selectively use leaked document to paint a false picture of our company." The anchors also discussed the impact that Apple’s new privacy restrictions had on Facebook's ad sales growth. Carl, Jim and David also took an in-depth look at market reaction to earnings from the likes of 3M, General Electric and UPS – and where supply chain issues fit into the picture. The future for Tesla also in the spotlight one day after its market cap surpassed $1-trillion for the first time. The anchors discussed what investors should make of Tesla's valuation. Also in focus: A new intraday record high for the Dow and S&P 500, DraftKings withdraws its $22-billion bid to acquire U.K.-based sports betting company Entain, and a report stating that Apple is likely to face a Justice Department antitrust suit. 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, David Faber and Mike Santoli kicked off a new market week by highlighting what will be a huge week full of earnings reports, especially from mega-cap names such as Apple, Amazon, Microsoft, Alphabet and Facebook. Ahead of its quarterly results due out after Monday's close of trading, Facebook is under fire and making headlines regarding leaked internal documents. Reports say that they indicate employees at the social network expressed anger about Facebook's policies on handling misinformation -- including when it came to the 2020 election and the storming of the U.S. Capitol on January 6. The anchors discussed what these developments could mean for the stock and reacted to Facebook's rebuttal to the reports. On the inflation front, Twitter CEO Jack Dorsey tweeted "Hyperinflation is going to change everything. It's happening." But ARK Invest CEO Cathie Wood tweeted a rebuttal saying it's deflation people need to worry about. PayPal announced that "In response to market rumors ... it is not pursuing an acquisition of Pinterest at this time. Shares of Pinterest tumbled and PayPal jumped on the news. Also in focus: Supply chain issues and earnings movers including Kimberly-Clark, an update on the soaring "Trump SPAC" and Treasury Secretary Yellen making the case for her proposal to tax billionaires. 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, Morgan Brennan and Mike Santoli focused on a barrage of earnings reports in which the supply chain crunch played a big role in quarterly results. Intel shares took a big hit after the chipmaker warned of lower profit margins and missed on quarterly revenue in wake of the global chip shortage. Wedbush Securities' Intel analyst appeared on the program with his take on which chip stocks are best to buy now. Snap was one of the biggest losers of the morning: The parent of Snapchat warned of slowing growth due to the recent changes in Apple iOS privacy rules. The news from Snap also weighed on shares of Facebook, Twitter and Google parent Alphabet. Honeywell posted mixed Q3 results due to what its CEO called a "tough" supply chain environment. A different story for Mattel: The stock up sharply on better-than-expected quarterly results. The toy maker said supply chain disruptions would not prevent it from having a strong holiday season. “Trump SPAC” Day Two: Digital World Acquisition -- The SPAC that is merging with Trump Media & Technology Group -- soared again after more than quadrupling in Thursday’s trading. Also in focus: A new record intraday high for the S&P 500, Pfizer and partner BioNTech said their COVID-19 vaccine is more than 90% effective in kids ages 5 to 11, President Biden considering deploying the National Guard to ease supply chain bottlenecks, Chipotle profit rises on price hikes -- and a Wall Street Upgrade for Zoom Media Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.