Squawk on the Street

Carl Quintanilla, David Faber & Jim Cramer discuss the stock market selloff, as President Trump says he may want to delay a trade deal with China until after the 2020 presidential election. Plus, “substantial tax”, why the Trump Administration is threatening new tariffs on French wines and other goods in the latest trade tit for tat. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber and Jim Cramer breakdown the record rally on the first trading day of December. Stocks looking to maintain their upward momentum following their best monthly performance since June. And it’s the moment for retail. According to Adobe analytics, online shoppers spent $7.4 billion on Black Friday, marking the second largest online shopping day ever. The firm is estimating cyber Monday sales of $9.4 billion. Disney’s “Frozen 2” takes the box office by storm setting a Thanksgiving holiday record taking in $123.7 million in North American ticket sales. 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 digs through the retail data. Record sales for Thanksgiving kicking off the start of a big holiday shopping season, what it means for retailers for the remainder of the year. Plus, Warren Buffett thwarted. The Oracle of Omaha’s latest attempt to put his cash hoard to work, attempting to buy Tech Data, but outbid by Apollo Global. And, stocks lower to close out the last trading day of November, the S&P 500 on track for its best month since June. 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 digs through the data. Durable goods rising in October while economists were expecting a decline. Weekly jobless claims fell and Q3 GDP was revised to show growth of 2.1%. Markets getting a boost with all three major indices hitting fresh record highs at the open. Apple contributing to the gains. Nikkei reporting that in order to meet huge customer demand Apple has asked Luxshare-ICT to double its production of the earphones at its Chinese facilities to two million units a month. Plus, corporate America is under attack on the campaign trail. According to new data, Presidential candidates have called out more than 80 companies, in 30 industries on twitter. The top targets in the past six months: Amazon, Facebook, McDonald's and Walmart. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber & Jim Cramer discuss the record rally for Wall Street and whether investors have a reason to be optimistic about China trade talks. Plus, the big week for retail: Best Buy, Dollar Tree, Dick’s Sporting Goods, Abercrombie & Fitch all reporting quarterly results. Hear why Jim thinks ‘Target has the mojo & Macy’s is missing the mojo-per-share’? And Ford challenging Tesla to an ‘apples to apples’ tug-of-war between pickup trucks, Elon Musk says ‘bring it on’. 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 & David Faber breakdown a manic merger Monday. LVMH is acquiring Tiffany for $16.2 Billion, Schwab is buying TD Ameritrade in a $26 billion all-stock deal, and Ebay’s selling StubHub to Viagogo for about $4 billion in cash. Plus, Uber losing its license in London. The company pushing back saying the decision is quote: “extraordinary and wrong, and we will appeal.” Plus, Michael Bloomberg jumping into a crowded 2020 Democratic field. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber & Jim Cramer discuss Tesla’s first electric pickup, the Cybertruck, and whether it’s enough to excite investors. Plus, stocks get a boost after President Trump calls a China trade deal “very close”. And a social media warning from Borat actor, Sacha Baron Cohen, why he calls Facebook. Google, YouTube & Twitter ‘the greatest propaganda machine in history’. 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 & David Faber breakdown the possible mega deal between Charles Schwab & TD Ameritrade. Sources telling CNBC Schwab is in talks to buy TD Ameritrade. A deal between the two would create a behemoth with more than $5 trillion in combined assets. Plus, David speaks exclusively with John Malone in a rare interview from Liberty Media Day. Malone says he sees HBO having problems getting to the top in the midst of the streaming wars. Xerox sends a letter to HP threatening to take its case to shareholders. Plus, Macy’s has a meltdown as it slashes its outlook and sales miss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, David Faber & Jim Cramer discuss what to make of the recent whiplash for retail stocks. Target shares surging after crushing earnings and an upbeat forecast, this just a day after shares of Home Depot and Kohl’s tanked. Plus, stocks dipping from records on worries that China-U.S. trade talks could hit an impasse. And Apple CEO set to meet President Trump in Texas. 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 on the tough day for retail. Home Depot & Kohl’s sinking after cutting their outlooks and comps forecasts. Plus, Cramer’s take on the trade war why he’s saying the President wants ideological change in China. And vaping crackdown. California & Los Angeles county suing JUUL Labs, alleging the brand targeted young people through advertising and failed to give warnings about the health risks. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.