Squawk on the Street

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The “Squawk on the Street” team discusses what can be expected during the GameStop hearing today on Capitol Hill. The House Financial Services Committee is convening at noon to hear from the major players of the story. Set to testify this afternoon, Robinhood CEO Vlad Tenev, Melvin Capital CEO Gabriel Plotkin, Reddit CEO and co-founder Steve Huffman, Citadel CEO Kenneth Griffin and Keith Gill, also known as Roaring Kitty. Plus, keeping a close eye on the deep freeze in Texas that’s going on day 6. The weather has shut about one-fifth of the nation’s refining capacity and closed oil and nat gas production across the state. Oil prices are continuing to rise on fears the freeze could continue for some time. Shares of Walmart falling on an earnings miss. The retailer saying it sees sales growth slowing in the year ahead. A bright side for the big-box retailer? Its e-commerce sales in the U.S. grew by 69% and same-store sales in the U.S. grew by nearly 9%. New thoughts on the South African virus variant that’s continuing to spread. A lab study suggests that the variant may reduce antibody protection from the Pfizer/BioNTech vaccine by two-thirds, and it’s not clear if the shot will be effective against the mutation, the companies said Wednesday. Plus, the “Squawk on the Street” team is joined by the CEO of Analog Devices on the chip supply chain and his company’s results. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The opening hour of CNBC’s "Squawk on the Street" with Carl Quintanilla, Jim Cramer and David Faber is broadcast each weekday from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

The “Squawk on the Street” team discusses the market rally, as stocks continue to build on strong February gains. Energy prices jumping as severe weather hits the south. More than 4 million people were without power in Texas as of Tuesday morning, according to poweroutage.u.s. Plus, the bitcoin craze continues, the cryptocurrency crossing $50,000 for the first time ever. The “Squawk on the Street” team digs through some of the big movers of the morning from CVS to Palantir. Plus, David reports on CoStar making a new competing bid for CoreLogic at $95.76 a share. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl, Jim and David breakdown the big movers of the morning. Disney delights investors after reporting a big boost in streaming subscribers. Theme park attendance slumped, but was expected due to COVID. Disney CEO Bob Chapek addressed the future of theme parks saying vaccines could be a quote “game changer.” Plus, the crypto craze. Carl, Jim and David discuss why PayPal’s CEO, Dan Schulman told Jim he’s unlikely to invest in cryptocurrencies. Plus, the “Squawk on the Street” gang discuss the EVs outlook, as Morgan Stanley’s Adam Jonas initiates overweight coverage on QuantumScape & Fisker. 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 the volatility in cannabis stocks one day after they soared as part of the Reddit trading frenzy. They also took a closer look at Bitcoin's record high and payments stocks after Mastercard announced it is preparing to support cryptocurrencies directly on its network this year. Bumble's IPO also in the spotlight: What to expect from the dating service's public debut. Also in focus: Another record high for the Dow, Uber's quarterly results, the latest on SPACs, and the COVID vaccine rollout: Jim talks about receiving a second shot. 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 the stock market setting new record highs one day after the Dow and S&P 500 snapped six-session win streaks. Earnings from the likes of Twitter and Coca-Cola contributed to positive sentiment. In an exclusive, Cisco Chairman & CEO Chuck Robbins joined the program to talk about his company's quarterly results that weighed on the stock -- and where work-from-home trends fit into Cisco's future. Also in focus: Cannabis shares soaring due to the Reddit-fueled frenzy, plus the latest companies to go public via SPAC deals, and new developments involving the potential sale of TikTok. 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 what's next for stocks with the major indices at record levels -- including reaction to a note out of Citi in which analysts say the short squeeze is seen lifting the S&P 500 further. They also took a closer look at oil prices at 13-month highs, and followed up on the volatility in shares of GameStop and where videogame publishers such as Take-Two Interactive and Electronic Arts fit into the picture. On the COVID front, the vaccine rollout continues as New York Governor Cuomo announces New York City restaurants can resume indoor dining on Friday. Also in focus: General Motors extending production cuts because of a chip shortage, plus SPAC deals and what CEOs of electric vehicle makers are saying about the future for their industry. 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-setting day for stocks: The Dow, S&P 500 and Nasdaq hitting all-time intraday highs. The Reddit-fueled frenzy and market volatility remain in the spotlight after GameStop shares plummeted last week. Yields rise on optimism surrounding the $1.9-trillion COVID relief package, as well as the vaccination rollout. Also in focus: Tesla disclosing in an SEC Filing that it has bought $1.5-billion worth of Bitcoin, new developments regarding SPAC deals, plus reaction to Super Bowl television ads from the likes of General Motors and Reddit. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

On a record-setting day for the S&P 500 and the Nasdaq, Carl Quintanilla, Jim Cramer and David Faber discussed market volatility and the Reddit-fueled trading frenzy, with GameStop soaring and recouping some of its steep losses for the week. They also reacted to the January jobs report and explored how soon COVID vaccinations could spur an economic recovery. This as Johnson & Johnson requests emergency use authorization from the FDA for its one-dose vaccine. Council of Economic Advisers member Jared Bernstein joined the program with White House reaction to the jobs data -- outlining the case for passing President Biden's $1.9-trillion COVID relief package. The CEO of luxury electric vehicle startup Lucid Motors also appeared on the show to talk about his company's prospects amid heightened competition -- with Apple as a potential rival. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.