Squawk on the Street

Carl Quintanilla, Morgan Brennan and Mike Santoli led off the show with Disney, whose better-than-expected quarterly results drove the stock higher, leading the Dow and S&P 500 to new record intraday highs. The anchors reacted to what Disney CEO Bob Chapek's told CNBC about Disney+ adding subscribers despite a hike in the streaming service's rates. They also looked at how the company's theme parks are faring in light of rising COVID cases and the debate in Florida over requiring vaccinations and mask wearing. Sticking with the pandemic and the reopening trade, the Food and Drug Administration has authorized COVID vaccine booster shots for people with weakened immune systems. Carl, Morgan and Mike reacted to former FDA Commissioner Dr. Scott Gottlieb's comments to CNBC about the need for a third shot. The anchors also discussed the latest developments regarding companies' vaccine requirements and return to work plan revisions. U.S. Chamber of Commerce CEO Suzanne Clark joined the program to discuss the $1-trillion bipartisan bill passed by the Senate, labor shortages and what's at stake for corporate America. Also in focus: Market reaction to quarterly results from the likes of Airbnb and DoorDash, an update on the railroad bidding war over Kansas City Southern, a rough week for the chip stocks, and why FTC Chair Lina Khan is saying antitrust regulators should take a tougher approach when it comes to defense industry mergers. 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 Dow and S&P 500 posted record closing highs, Carl Quintanilla, Jim Cramer and David Faber led of the show with new wholesale inflation data: Producer prices for July coming in hotter than expected, rising one percent from the previous month and up 7.8-percent year-on-year. They explored how Fed Chair Jay Powell is approaching inflation and the recovery amid the Delta variant outbreak -- and reacted to comments from Dallas Fed President Robert Kaplan, who told CNBC that he'd "rather take the foot off the accelerator soon" when it comes to bond purchases. Cramer explains why it's time to nix the term "taper tantrum." COVID and the reopening trade also in focus: The FDA is on the verge of authorizing a third COVID vaccine dose for immunocompromised people, Moderna shares trying to rebound after Wednesday's 15-percent drop, and McDonald's and CNBC parent NBCUniversal joining the list of companies revising their return to work plans and announcing vaccination requirements for certain employees. With airline stocks under pressure, the anchors discussed data from Bank of America showing a pullback in credit card spending, with the biggest deceleration coming from spending on airfare -- which reflects concerns about the Delta variant. Also in focus: The outlook for chip stocks as Micron falls on a Wall Street downgrade, What to expect from Disney's quarterly results after the bell, and market reaction to earnings movers including eBay, Palantir, Bumble, Sonos and snacks maker Utz Brands. 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 discussed another record day for the Dow and S&P 500, sparked by inflation data showing consumer prices in July did not rise by as much as investors feared. CPI rose 0.5-percent last month and increased 5.4-percent year-on-year. The anchors explored what it all means for investors and the Fed. As for the reopening trade, Southwest shares fell after the airline said cancellations have increased in August due to concerns over the Delta variant, making it difficult to be profitable for the current quarter. The anchors also discussed decisions by Southwest, American and Delta to not require their employees to get COVID vaccinations, unlike United's mandate. President Biden's economic agenda also in the spotlight after Senate narrowly passed a $3.5-trillion budget blueprint one day after a $1-trillion bipartisan infrastructure bill was approved in the chamber. The anchors discussed the stocks most likely to benefit from infrastructure legislation -- especially the big rally in steel stocks -- and reacted to what Nucor's CEO told CNBC about the bill. Crypto in the mix as Coinbase posts better-than-expected quarterly results -- and SEC Chairman Gary Gensler tells Senator Elizabeth Warren that the SEC needs more regulatory authority over cryptocurrency. Also in the mix: Electric air taxi startup Joby Aviation goes public via a SPAC deal, an update on the railroad bidding war for Kansas City Southern, meme stock mania, retail's upward momentum led by Home Depot, a report which says American Express is postponing its return to the office plans because of the Delta variant outbreak, and shares of Wendy's get a lift on earnings but the company formerly known as Weight Watchers plummets. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber led off the show by highlighting one of the day's biggest gainers: AMC Entertainment posting better-than-expected quarterly results as moviegoers returned to its theaters. The company also announcing plans to accept payments in bitcoin by the end of the year, plus a deal with Warner Bros. to show the studio's 2022 movie slate in theaters for 45 days. Jim and David discussed those issues and more in a wide-ranging interview with AMC Entertainment Chairman & CEO Adam Aron, who also weighed in on his company's valuation in wake of the meme stock frenzy: Shares of AMC up more than 1500-percent this year alone. The anchors also explored new developments in a railroad bidding war: Canadian Pacific confirming a new takeover offer for Kansas City Southern -- a cash and stock bid valued at $300 per share or $27-billion excluding debt that CP believes to be "superior" to the merger deal Canadian National Railway struck with KCS earlier this year. CN responded by calling the new CP offer "inferior". Also in focus: Countdown to the U.S. Senate vote on the bipartisan $1T infrastructure bill, consumer investment plays from big tech to retail, and Moderna's march toward a $200B market value. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

After a record-setting week for stocks, Carl Quintanilla, Jim Cramer and David Faber discussed some eye-opening news on the commodities front: Gold fell nearly 4.5-percent due to an early morning "flash crash" before recouping some of those losses, while crude oil prices tumbled on worries about the Delta variant in China, whose government announced measures to combat the outbreak. In the U.S., the seven-day average of COVID cases surpassing 100,000 for the first time in six months. Separately, a federal judge ruled that Norwegian Cruise Line can ask passengers for proof of COVID vaccination, temporarily blocking a Florida law banning that practice. The anchors explored what the recent COVID developments could mean for the reopening trade -- and reacted to Dr. Scott Gottlieb telling CNBC why he believes the epidemic won't last through the fall. Also in focus: The Wall Street upgrade that's lifting Tesla's stock, the earnings report card for Warren Buffett's Berkshire Hathaway, "M&A Monday" including DraftKings agreeing to buy Golden Nugget Online Gaming in an all-stock deal, and the Senate moving a step closer to passing a bipartisan $1T infrastructure bill and what it could mean for crypto as Bitcoin hits a fresh three-month high. The CEO of Plug Power appeared on the program and discussed what the bill could mean for the maker of hydrogen fuel cell systems. 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 Morgan Brennan led off the show with the big news of the morning: The government's July employment report shows non-farm payrolls rose 943,000 last month -- the largest in almost a year -- while the unemployment rate fell to 5.4-percent. The news sending the Dow and S&P 500 to record highs. The anchors discussed whether such momentum could continue in wake of rising COVID cases due to the Delta variant. Labor Secretary Marty Walsh joined the program to discuss the jobs report and the state of the recovery amid the pandemic. Carl, David and Morgan also engaged in a markets and jobs roundtable discussion with Grant Thornton Chief Economist Diane Swonk and J.P. Morgan Asset Management Chief Global Strategist David Kelly. Robinhood's wild ride also in the spotlight: Shares rebounding one day after tumbling 27-percent on news about the company filing for a 97.9 million stock sale. The anchors interviewed DraftKings CEO Jason Robins about his company's better-than-expected quarterly results and the business of sports betting, especially when it comes to the NFL. Also in focus: Earnings winners and losers including Expedia -- shares down sharply on a wider-than-expected quarterly loss and the company's comments about the Delta variant's impact on travel. Plus, highlights from Thursday night's episode of "Jeopardy!" with David as guest host and a look ahead to Friday night's final episode with him as host of the iconic game show. 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 shares of Robinhood soared more than 50-percent, Carl Quintanilla, Jim Cramer and David Faber led off the show with new developments surrounding the stock's wild ride: Robinhood filing to sell up to nearly 98-million shares over time -- the news resulting in a double-digit percentage decline for the stock. The anchors explored what this means for Robinhood and the meme stocks -- and harkened back to what CEO Vlad Tenev said during our program last week, on the day Robinhood went public. Lots of earnings movers in the spotlight: Uber shares fall despite better-than-expected quarterly results and bookings. The anchors reacted to what CEO Dara Khosrowshahi told CNBC about driver incentives that weighed on the company's performance. Among the earnings winners and losers: Etsy and Roku shares take a hit, while ViacomCBS jumps on profits and streaming subscriber growth. Also in focus: Moderna says its COVID-19 vaccine is 93-percent effective after six months, Goldman Sachs Chief U.S. Equity Strategist David Kostin raises his year-end S&P 500 target to 4700, and the anchors chat about the highlights from Wednesday night's "Jeopardy!" episode featuring David as guest host. Jim caps the hour by interviewing Weber CEO Chris Scherzinger about the outdoor grill maker's IPO. 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 the markets and how the decline in yields is impacting big and small investors alike. Stocks that are part of the reopening trade in focus as the COVID Delta variant continues to spread and the pace of vaccinations is starting to rebound. Jim explains why he thinks "the 'I'm probably going to be okay thesis' is still playing out." Carl, Jim and David stayed on top of the moves in shares of Robinhood, extending Tuesday's rally and soaring more than 50-percent during the first half-hour of trading -- the stock was halted a number of times due to volatility. They also reacted to what SEC Chairman Gary Gensler told CNBC about the so-called "meme stocks": He said "the retail engagement is positive" but adds investors must be protected from fraud and manipulation. The anchors also engaged in a lighthearted discussion about the second episode of "Jeopardy!" with David as guest host: Highlights include Faber's exchange with the defending champion about where he might invest his winnings. The "Mad Dash" segment even included a twist on the "Daily Double." Also in focus: Earnings winners and losers including General Motors' profit miss and what CEO Mary Barra told CNBC about the chip shortage and her outlook for the second half of 2021. In the mix: The monthly ADP jobs report that surprised Wall Street, plus the antitrust enforcement fallout - what's at stake for companies involved in pending M&A deals? 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 program by talking about David's debut as guest host of "Jeopardy!" -- the first episode aired Monday. It was a fun discussion that went into everything from the highlights of the show to how social media reacted to David's performance. As for the markets, the anchors explored developments out of China that sparked regulatory fears: Shares of Tencent fell sharply -- dragging down several video gaming stocks around the globe -- after a Chinese state media outlet criticized online gaming as "spiritual opium." China’s Alibaba saw shares fall on a quarterly revenue miss as e-commerce growth slowed amid heightened competition. Also in focus: Clorox shares tumble on weaker-than-expected quarterly results, PepsiCo agrees to sell juice brands including Tropicana and Naked to a French private equity firm for $3.3 billion, Micron's first-ever dividend, media stocks under pressure, Florida's spike in COVID cases and what's at stake for Disney, and Reese Witherspoon agrees to sell her media company to a venture led by Blackstone for $900 million. 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 highlighted the kickoff of David's week as guest host of the iconic game show "Jeopardy!" -- including a special Jeopardy!-inspired version of “The Mad Dash." The anchors took an in-depth look at what to expect from the markets in August as Wall Street enters the first trading day of the month, with the S&P 500 in the midst of a six-month win streak. The reopening trade a major part of the discussion as more companies require their employees to get vaccinated. The anchors also reacted to Dr. Anthony Fauci's comments about the spread of the COVID Delta variant and whether we could see further lockdowns in the future. On the M&A front: Square announcing its largest-ever acquisition -- the digital payments company agreeing to acquire Australia’s Afterpay for about $29-billion in stock. The CFO of Square and Co-CEO of Afterpay appeared on the program to talk about the deal and how it will help Square capitalize on the growing "buy now, pay later" trend. Also in focus: The debut of Disney's motion picture "Jungle Cruise" tops the weekend box office and gets a boost from streaming, plus stock winners and losers -- including Estee Lauder falling and Levi Strauss rising sharply in reaction to Wall Street analyst calls. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.