Squawk on the Street

Jim Cramer and David Faber discuss the September slump for stocks, volatility continuing as wall street seeks to recover from the worst sell-off in 2 weeks. Goldman Sachs cuts its Q4 GDP outlook amid diminished hopes for a DC stimulus deal. Plus wild swings for shares Nikola continuing, the electric truck maker downgraded to sell at Wedbush. And United Airlines becoming the first major U.S. airline to offer rapid COVID-19 tests for some passengers, what this could mean for the industry as a whole. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed news out of Johnson & Johnson. The company's COVID-19 vaccine candidate has entered late-stage testing. They also weighed in on the rally in Nike shares after the company's quarterly results blew past street expectations. Tesla also in focus with shares falling after Tuesday's much-anticipated "Battery Day" as Wall Street analysts had mixed reaction to CEO Elon Musk’s presentation at the event. The anchors interviewed Southwest Airlines CEO Gary Kelly in a CNBC Exclusive, as airline CEOs are urging Congress to approve additional coronavirus relief for their industry. Hosted by Simplecast, an AdsWizz company. See 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 the markets after Monday's sell-off, especiallywhen ot comes to high-profile stocks that have recently taken a hit. They also previewed what to expect from Tesla's"Battery Day" which gets underway after the close of trading today. The impact of COVID-19 also in focus, from the UK Prime Ministerannouncing new restrictions in his country to the economic challenges businesses and people are facing in the US as we wait for a vaccine. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the September stock slump: stalled stimulus talks, lockdown warnings in the U.K. and growing global virus fears as the Wall Street selloff extends 3-weeks and counting.Plus the TikTok deal with Oracle & Walmart gets the blessing from President Trump, sort of… but big questions remain. And shares of electric truck maker Nikola tumbling as the company’s founder steps down, just 10 days after a short-selling firm accused the company of making “an ocean of lies.” Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the latest in the TikTok saga, as the Commerce Department announces that the administration will block downloads of both WeChat & TikTok on Sunday. Plus Wall Street looking for its first weekly gain of the month, seeking to rebound from another sharp tech sell-off in technology stocks. And the race to treat COVID-19, Roche unveiling a new antibody test & Pfizer providing new details of its vaccine trial. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss Snowflake’s big debut, the largest software IPO ever with more software IPOs on tap this week & why buyers might want to beware. Tech stocks sell-off again, with Apple among the biggest lagards, why Jim thinks it’s not a 1999 redux. Plus David’s latest reporting on LVMH & and the Tiffany merger legal battle. Airline executives make the case for stimulus at the White House. And sources telling David that President Trump will make a TikTok decision in the next 24-36 hours. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the boost for stocks. The Dow, S&P 500 aim for its fourth straight day of gains. A positive sign on the COVID-19 front, Eli Lilly reporting a reduced rate of hospitalizations for its coronavirus patients using its antibody treatment. Plus, it’s the largest ever software IPO, Snowflake pricing above the increased range in an offering valuing the company at $33.3 billion. Snowflake is selling 28 million shares at $120 a piece and will debut on the NYSE under ticker symbol “SNOW.” Two big earnings movers, Adobe & FedEx both beating the street, while reporting record revenue. Facebook under fire as the FTC prepares a possible antitrust suit against the company according to reports. Plus, more than a dozen celebrities including Kim Kardashian West, Katy Perry, Michael B. Jordan and Ashton Kutcher are participating in a 24-hour Instagram “freeze” today as a part of the “Stop Hate For Profit” movement. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discuss the surge for stocks, building on Monday’s gains on the back of the tech reversal and solid economic data. Shares of Nikola getting hammered as investors respond to news that the SEC is going to be examining the company over short seller allegations. The CEO of Lowe’s, Marvin Ellison, joining “Squawk on the Street” to discuss a new initiative for small businesses. Ellison is teaming up with Daymond John, to mentor entrepreneurs, listen to their pitches and narrow the pool of standout small businesses. The initiative will ultimately culminate in a one-day pitch competition judged by Lowe’s executives and hosted by John, giving small businesses a chance to get their products on Lowe’s store shelves and the website. Billionaire Steve Cohen reaching a deal to buy the New York Mets at $2.4 and $2.5 billion, a record for a North American professional sports franchise. Plus, a look at the possible products that will be rolled out during Apple’s product launch event this afternoon. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jim Cramer and David Faber breakdown M&A Monday. A busy morning in deal news, starting with a historic deal in the chip sector. Nvidia buying Arm from Softbank in a deal valued at $40 billion financed through a combination of cash and common stock. Nvidia CEO, Jensen Huang, joining Jim & David to discuss the deal. Plus, shares of Oracle surging after beating Microsoft in the battle for the U.S. arm of TikTok with a deal structured as a partnership rather than an outright sale. And Verizon CEO, Hans Vestberg, joining Jim and David after buying wireless services provider Tracfone in a $6.25 billion deal.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The “Squawk on the Street” team observes moments of silence in honor and remembrance of the 19th anniversary of the September 11th terror attacks. David Faber and Jim Cramer discuss the tough week for the market. The Nasdaq nearly in correction territory and on pace for its worst week since March, while the Dow & S&P 500 are on pace for their largest weekly losses since late June. Peloton a big mover, surging after crushing estimates as sales jumped 172%. The company also says it expects strong demand to continue into 2021 as more consumers workout at home. Plus, David & Jim discuss earnings from Kroger and Oracle along with the latest developments on the possible sale of TikTok. The President says he will not extend the deadline for its sale.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.