Squawk on the Street

The "Squawk on the Street" team breaks down the surge in stocks, as earnings are underway. Carl Quintanilla and Jim Cramer digest results from Snap, Netflix, AT&T, Delta and Kimberly-Clark. Crude trying to stabilize after a record plunge. The WTI contract for June was up 21%, after an earlier decline. Snap surges on a beat and a massive gain in daily active users. Plus, Delta CEO joins "Squawk on the Street" to discuss the company's results, the impact of COVID-19 and the future of the travel industry. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. 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" gang discuss the massive slump in stocks as a historic selloff in oil continues. The WTI contract for May delivery still trading with a negative price on Tuesday, just one day after falling below zero for the first time in history. Storage is quickly filing up, meaning there will soon be nowhere to store crude. Earning season underway with Coca-Cola reporting results. The company saying demand has been weakened by coronavirus pandemic, with global volumes plunging 25% this month.The Chairman and CEO of Coca-Cola joining "Squawk on the Street," commenting on the changing consumer landscape and the impact of COVID-19 on his company's bottom line. Plus, the CEO of JetBlue as their traffic for the month of April falls 90%. On the consumer he says, "I do think there's such a pent-up demand for travel, for people to visit friends and family again, to go on vacation." Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. 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 fall in oil prices over demand concerns with WTI plunging nearly 40%. Shares of Chevron and Exxon Mobil falling more than 5% to lead the Dow Lower. The S&P energy sector losing more than 6% as Occidental and Halliburton both fell more than 10%. Shake Shack returning the small business loan it received from the government, making it the first major firm to hand back money. The company will immediately return the entire $10 million SBA loan as it received additional capital. Plus, the plan to reopen Las Vegas. Wynn Resorts CEO Matt Maddox calling for a mid-to-late May reopening of the Las Vegas Strip, with extensive safety measure in place. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. 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 digests the news moving the market. Stocks surging to close out the week as hopes of a treatment for the coronavirus comes to light. Shares of Gilead surging after a report that a Chicago hospital treating coronavirus patients with remdesivir in a trial were recovering rapidly from severe symptoms. President Trump rolling out his three phase plan to reopen the U.S. economy. Plus, Procter & Gamble reporting results with U.S. sales surging 10% as consumers stocked up on goods ahead of the peak of the outbreak.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. 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 mixed picture for stocks, as weekly jobless claims hit 5.245 million raising the monthly loss to 22 million due to the coronavirus. The President is preparing to unveil his guidelines for reopening the economy. The CEO of Verizon joins the "Squawk on the Street" gang to discuss his purchase of Zoom conferencing rival, BlueJeans. Plus, hear what he had to say about yesterday's call with the President and restarting the economy. Morgan Stanley reporting results, the Chairman and CEO weighs in on the future, the virus and its impact on the economy. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.