squawk on the street," "techcheck" starts now >>> good monday morning welcome to "techcheck" i'm carl quintanilla with jon fortt and deirdre bosa today is now the time to double down on growth as tech slumps companies are cutting costs. we'll talk to a ceo who said they should do the opposite. oppenheimer saying now is the time to buy netflix. and the latest company hit by a cyber attack, take-two shares are down this morning. >>> starting with investor worries, the major indices coming off the worst week since june, but we did just tick positive now joining us now is jim cramer wonderful to have you back e you're on a particular mission this week, has to do with tech and how low it can go. >> yes first of all, thank you for having me. this is really important i'm out here obviously for salesforce's dreamforce. i happen to think that tech is under valued i want to know when the fed is going to be done so then the undervaluation turns into buying own say half positions on the stocks salesforce, this stock has been pummelled. the question is, are it pushbacks? are they not getting the orders done f

i'm deirdre bosa with carl quintanilla and jon fortt today. new lows on the year for the s&p and dow. nasdaq, outperforming for a change top gainers helping the index higher beaten down names like lucid, docusign, nvidia that said, still summer sessions warnings on the street and cathie wood talking outlook earlier this morning on "squawk box." >> we believe we are in a recession. the durable goods orders we just saw really seeing strength there, because of activity being aconttracted to the u.s. flight to safety why the dollar is going up as well nonetheless, we think we are in a recession. >> though she, guys, has conviction to pick up more of those beaten down names in the ark fund like roku and others. for a number of reasons. she thinks inflation will or has already peaked employment lagging she said this as well, guys. the street is so bearish can't argue with that. vix this morning, jon, above 30. some say, though, you need to see the vix above 30 at least a few consecutive days if you want to use it as an indicator to get back in. >> a

. >>> good friday morning, welcome to "tech check," i'm carl quintanilla with deirdre bosa. we've got the volatility playbook this hour big tech cutting back while robinhood expands wh, what that means for stocks the party is over. and an inside look at celsius as the company tries a new hail mary approach to paying back its lenders. >> we've got to start with tech investors, let's call it deja vu, the nasdaq composite down yet again within inches of those june lows. key number to watch here is 10,565 that's just about 300 points away it's been a similar story for all the big tech darlings. take a look at amazon down 7% this week. google is down 4% with meta and microsoft not far behind even the broader markets have felt the impact. the s&p this morning, to 3,600 and forecasting, eventual more pain ahead senior markets commentator, michael santoli. >> the market acts as a proxy for the broader market, only more amplified what we're seeing is higher bond yields globally, and a racing dollar being filtered through to all the valuations of the biggest stocks in the market to me

. >>> welcome back to "techcheck," i'm jon fortt with carl quintanilla.watch the nasdaq this morning up more than 3.5% since monday, up 1.33% today alone, it's looking to break a three-week losing streak, take a look at some names helping leave the index this morning we mentioned docusign and zscaler bouncing back in a big way. atlassian, keeps moving around, there's a lot of stuff moving higher but first, let's go to contessa brewer with a news update. >>> king charles iii is set to make his first speech as britain's monarch about 90 minutes from now this morning he arrived at buckingham palace where he and the queen consort greeted well wishers and looked at the many tributes left there after the death of his mother queen elizabeth. >>> the treasury is imposing new sanctions on iran's intelligence ministry, accusing it of cyberattacks on the u.s. and its allies, including the disruption offal banian computer systems in july. >>> and these chicago bulls tickets won't get you into a game but they couldcost someon as much as $300,000. a pair of tickets to

. ♪ >>> good whence morning, i'm carl quintanilla with jim cramer david faber is on assignment we aren rebound watch today after the worst decline for stocks since june of 2020. some signs of stabilization but rates continue to kree higher. two year 3 a 3 fairly steady after core ppi is in line although core was a tenth hot. that's where we will begin with markets and inflation. stocks trying to recover from the selloff today, as of yesterday's close the dow is off about 16% from the all time high, s&p about 18%, the nasdaq 28%, jim we did see the ndx with its worst day since covid actually began. >> two things that have happened in my travels, one is that many people have given me a chart, many, which shows the overlay, that's the horrible 1999/2000 overlay with a lot of faang perch. the second thing i got is why do i need to be in stocks i'm getting -- i only get 4% neither one is a sale -- they're not unsaepable, i can make cases, but i have to tell you, carl, when i see a ppi number like this i just say this is no victory. this is the worst thing that i keep hearing, endemic, jim,

i'm carl quintanilla with morgan brennan and david faber.th and quarter on a somewhat positive note dow did go green a few moments ago. it's got everything today, pce, micron, meta, fed speak, let's get to rick santelli. >> this is the last data of the third quarter. university of michigan, our september final read expected to be a 59.5. a bit of a disappointment. 58.6 and it's lower than the 59.5 in the rearview mirror but still not a bad number considering we were at 50 in june, historic low. 59.7 on current conditions that bests the expectations and our last look and 58.0 on expectations that's what lies ahead and 58.0 is a bit of a disappointment as well we were thinking of a close close to 60. on that 58.0, that low water mark there was actually in july at 47.3. even though we have a bit of a disappointment on the headline and expectations, there is still much higher than we were in june and july now, let's look at the inflation gauges, shall we one-year inflation, 4.7% once again, just like pce, these things are a bit hotter than we wa

i'm deirdre bosa with carl quintanilla and jon fortt today.asdaq, outperforming for a change top gainers helping the index higher beaten down names like lucid, docusign, nvidia that said, still summer sessions warnings on the street and cathie wood talking outlook earlier this morning on "squawk box." >> we believe we are in a recession. the durable goods orders we just saw really seeing strength there, because o

i'm carl quintanilla live from the code conference in beverly hills. david faber, sara eisen at the new york stock exchange. jim has the morning off. looking at the futures, there is some weakness as "the journal" runs this piece that argues that 75 basis points is still very much in the cards but not too far away from the flat line. big tech front and center. alphabet ceo hinting at potential counts, the head count, awaiting apple's big phone reveal today >> and that fed drag on wall street, the "wall street journal" story futures are lower on continued fears of higher rates. goldman has a warning. >> and bitcoin hits its lowest level since june as the market cap falls below $1 trillion. >> we'll begin with the code conference very big day for tech at large between code, one of the pre-eminent tech conferences in the world, and the apple at 1:00 p.m. eastern time. steve kovak is in cupertino. but google and alphabet, an interesting conversation largely guys about the efforts to make the company about 20% more efficient and definitely not ruefuling out

i'm carl quintanilla with jim cramer and david faber september begins and with it a selloff in bonds, metsals, oils, stocks, dow futures down 150 after four losingsessions. busy macro day with pmi on deck. nvidia and amd amd told to stop selling ai chips to china. shares take a hit at the open. >> and campbell's soup with a forecast mark clouse will join us in a few minutes. and goldman sachs says inflation has peaked but futures fall. first trading day of september investors continue to worry about the fed. >> i said inflation peaked and i was ridiculed. >> i know that i know that. >> this morning, jim, 3.52 is what everybody is talking about. >> unbelievable. i have to tell you when you think about it, for our audience out there, for fixed income, hatch your money >> 2007, we haven't seen 3.5% since 2007 >> i'm giving people advice here what are you doing >> i'm pointing out it's the first time in 15 years you've seen yields like that on the 2-year i'm doing the same thing >> mark chase of the treasury curve. >> okay. >> i am telling you i put half of the cash that i have since my w

i'm carl quintanilla along with david faber and leslie picker. a decent open on this jobs number, 315,000, although we're off the earlier highs. rick santelli has more. >> july factory orders, carl, we're expecting up 0.2, a big miss down one full percent that is the weakest number as a matter of fact that's, a, the first negative number since september of last year, but you have to go all the way back to april of 2020, which was the all-time low to find a lower number this is definitely not a good sign at this point, and the revision last month from 2% down to 1.8 strip out transportation, no improvement, down 1.1% if we look at durable good odds, these are july finals, so this is different these replace mid-month reads. the july final read is down 0.1%, down if we take out transportation in this case, it discusses improve. a proxy for capital expenditures and spending it's one-tenth lower than our mid-month read that's a bit of a disappointment , mid-monday read. it's notable in the dramatic drove since the 8:30 eastern employment report was out

. >>> good morning, i'm carl quintanilla with deirdre bosa and john ford. today, the worst day since june of 2020, how should investors be repo repositioning? we'll breakdown opportunities in cloud, chips, and fin tech to help weather the volatile pip what's the consumer telling us about the state of the economy we'll talk to brian chesky in a few moments on inflation and how that's impacting spending. and the iphone reviews are out, more on what demand is signaling to investors about where apple might head from here jon, interesting day setting up. >> it is we'll start with the market. nasdaq coming off the worst day since june 11th, 2020. this morning a couple interesting calls in fin tech. ray jay thinks paypal can surge 30% from here, writing quote we have increased confidence, they go from market perform to out perform. b of a said sofi the is the name to buy also about april levels but the street not showing the same love for block. ever core hits with credit, macro trends, reporting to weakness in seller and buy now pay later. we have talked to a lot

i'm carl quintanilla with deirdre bosa and jon fortt the nasdaq is back to levels we saw in june. meta freezing hiring zuckerberg telling employees that the company is cutting budgets across most teams which will lead to layoffs and google planning to shut down gaming service stadia. and micron planning to cut investments by 30% this was earlier this morning on "squawk on the street. >> we are taking actions cutting capex and supply growth for the year >> we talked about this yesterday. i'm not sure we expected the commentary to be so negative across all of the end markets. >> yeah. i'm not entirely surprised and i said yesterday i would be paying close attention to nike. while the numbers for the quarter were not bad, the intentories were bad this is the scenario we've been talking about for weeks. it started with target and walmart. you had inventories of consumer goods sort of at the low end that were sitting there, being inflation impacted the question was would this go through to the middle class consumer, even to the enterprise we're starting to see exactly that what nike te

i'm carl quintanilla along with morgan brennan dow is a little red but 1% gain on the nasdaq.e'll watch that closely as we've had a pretty crazy morning in currencies and yields and a lot of fed speak headed our way over the next five sessions. >> that's right. we're 30 minutes into the trading session. here are some big movers we're watching starting with the casino stocks as macaw looks to ease covid restrictions we'll have more on that later this hour. but wynn and melco up. pg & e up 0.50%. lyft can deliver industry level top line growth. those shares are down 2%. >>> the broader markets, the major indices hoping to avoid their fifth straight negative session. our dom chu is back with more. >> good morning. so, we've talked a lot about this idea that the dow jones industrial average at this point is trading at the levels it was roughly at in february of 2020 before the virus pandemic and all the market turmoil that happened in the wake of that so, let's put that in context for the s&p 500. everyone's watching that 3636 level. why? it was the intraday low during the june lo

i'm carl quintanilla with morgan brennan.avid faber live at delivering alpha investor summit today. markets getting supported by the b of e blinking on long-term paper over there, helping offset concerns about hurricane ian and reports about apple production housing data to start the hour. >> pending home sales fell 2% from auguin august from july. sales down 24% year over year. these numbers are based on signed contracts the 30-year fixed had crossed 6% in june, but came back tofrd 5% at the start of august that juiced sales of newly built homes as we saw in yesterday's report the trouble on the existing side continues to be very low supply and high prices. the realtors are still forecasting prices up just under 10% for all of 2022. interestingly one region saw a sales gain the west which is the most expensive region up just over 1% month to month still the deepest decline from a year ago that may be due to more supply available. t morgan it started this year at 3% >> what a wild year. diana olick, thank you >>> we're 30 min

squawk on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanillaith jim cramer and david faber. stocks are going to give a lot of yesterday's rally back as revised q2 consumption and inflation data runs hot, claims back below 200,000 we're watching the damage from hurricane ian. nike earnings tonight. road map begins with inflation jitters continuing to jolt markets. fed officials say policy not restrictive enough yet >> plus, apple's demand concern, bank of america downgrades the stock this morning, pointing to signs of a weakening consumer. and, "affordability challenges," carmax blaming widespread inflation pressures for a sharp sales decline and the shares of that company are tumbling ahead of the open. >> let's begin with the markets pulling back after yesterday's rally, jim a lot of these revised numbers, core pce consumption, are q2 numbers, but claims, lowest since april? >> you listen to ms. mester talk tough, and then you get those numbers. it's very difficult to say, well, she's too hard on what they're doing. because those claims were -

i'm carl quintanilla and morgan brennan making her day back after maternity leave. >> glad to be backwe missed a lot of coverage from you. i'm looking forward to that as well >> oh, yes oh, yes. i did not come emptyhanded before i get to that, i want to give a little shout out to my family, given it is day one back from maternity leave i think we have pictures here. max is almost 4 months old he joins his sister who is 6, in first grade, and nico, who's 2 i love the matching pajamas. all of my. pictures on tv are matching pajamas. everybody is doing well. family's good. it's even better now to be back here >> yes, it's wonderful we look forward to some resumption of defense and space coverage, i hope, maybe. >> yes, you can. as i mentioned, i might have been busy coming into the weekend, i went to boseman, montana, caught up for a tv exclusive will tech billionaire and astronaut jared isaacman who is going back to space with spacex for an insider look at fighter jet training for this newer crew, the all-civilian mission set to kick off, polaris dawn it's called got up close and person

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with morgan brennannd david faber. cramer is on assignment. the dow does look to take out the june low today as the selling pressure in europe is pronounced down about 2%. big swings in currencies the pound near $1.10 oil is just 50 cents from a 7 handle our road map begins with the fed fears fueling this flight to treasuries the two-year hits a 15-year high, goldman takes a big cut to its s&p target >> plus the inflation impact on corporate results. fedex remains on watch costco, for its part, says it sees, "light at the end of the tunnel." >> and shares of retail brokerage robin hood moving lower, giving up all the gains following reports the s.e.c. would not ban payment for order flow ceo vlad tenev joins us to discuss that and much more in just a few minutes >> let's start with the markets under pressure this morning. we'll talk about swings in the curtain s&ps and the pound and liz truss's economic package but a lot of this got started with goldman cutting their year-end target, they're talking a lo

i'm carl quintanilla morgan brennan will be back with us starting on monday. this friday, 2% declines on the nasdaq, the fedex warning taking its toll on equities even as we are seeing yields at the front end continue to rise getting some relief in the middle of the curve. we'll talk about it in a moment. economic data, rick santelli has that rick. >> yes, and some very interesting numbers for september. preliminary read on university of michigan sentiment which means in a couple of weeks we get a final read these will get tossed and expecting a number on headline around 60. 59.5 so even though it's less than expectations, it's still better than our final read at 58.2 and the best read since april. if it becomes the final read, and in between then and now had 50 read in june, the historic low so a nice bounce 58.9 on current condition, 58.9 on expectations, that exceeds what we're looking for and follows 58.0 the reason i jumped in on expectations, it's the only one of the trio that didn't make historic lows. it only made 42-year lows in july at 47.3 now, the

you're watching the big bank ceos testify in washington d.c welcome to "techcheck" i'm carl quintanilla with jon fortt you've been watching the bank ceo's testify we'll monitor to that and get back. in the meantime the president is addressing the u.n. general assembly let's listen in. >> war chosen by one man to be very blunt let us speak plainly a permanent member of the national security council invaded its neighbor attempted to erase a sovereign state from the map russia has shamelessly violated the core tenants of the united nation's charter no more important than the clear prohibition against countries taking the territory of their neighbor by force. again, just today president putin has made overt nuclear threats against europe and a reckless disregard for the responsibilities of a nonplif ration regime. now russia is calling up more soldiers to join the fight and the kremlin is organizing a sham referendum to try to annex parts of ukraine an extreme violation of the u.n. charter. this world should see these outrageous acts for what they are. putin claims he had to act because rus

. >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david faber here. jim cramer's at 1 market in san francisco. big day. fed decision at 2:00 eastern, big bank ceos at house financial services, potus at the u.n. as putin begins this partial mobilization futures taking all to in a road map this morning begins with fed watch 75 basis point rate hike is expected, but it is the outlook for future rate hikes that investors will watch more closely. >> plus, geopolitical risks, russia's vladimir putin escalating the war in ukraine, seemingly issuing a nuclear warning to the west. >>> and extremely disturbed. ftc chair lena addressing the twitter whistle-blower allegations, and she says the agency may target the ceo as part of its enforcement efforts. >> let's start with the markets and decision day for the fed jim, lot of stats being thrown around about the positive way the s&p has tended to react, at least in the last 18 months after a fed day. >> look, i think that this is one of those fed days where there actually is some good news i think that we kn

i'm carl quintanilla along with jon fortt and deirdre bosa big lineup so far including google sin draw patch chai, mark cuban talking about the best and worst parts of tech. that's not all tim cook speaking tonight on the heels of that far-out product event this afternoon what it all could mean for the stock later this hour. as the tech volatility continues, more from the c suite exclusive from the ceos of vox and snap jon, one of our favorite times of the year. >> looking forward to it the nasdaq trying to end its longest losing streak since 2016 aztec stocks across the board have taken a hit apple down more than 6% over the last month the biggest drag on the nasdaq yesterday. amazon and microsoft both down 10% or more. even bellwethers like salesforce have erased pandemic gains >> jon, as we said, big week for tech at the code conference. one of the biggish issues, cuts to corporate forecasts the head of alphabet on stage with kara swisher talked about the impact of higher costs, uncertainty and how he want to make the company 20% more productive >> there are a set of positive factor

as carl quintanilla was noting throughout the last hour, the line in the sand here, 3900. i know you watch the technicals as muchs you down the fundamentals jonathan krin ski says there's meaning fg around 3900 suggest the bulls should, and i underscore should, be able to stage a rally. should they fail to hold that number we would have to say the june numbers are back in play that's certainly not our base case, but we work in probabilities, not certainties what's your comment on that? >> the first thing is steve weiss in head-to-toe black is extremely intimidating and i thought i was going to be the bearish person on the show today. but weiss has me. >> i noted that too, by the way. i just didn't say anything. >> yeah, i mean, he looks -- by the way, he looks -- no disrespect he looks great he's like the jewish johnny cash listen, i don't want -- i don't want to get typecast and fall into this role where every time i come on it's the worst thing thater happened. i don't want to be like the new -- the new robert kiosaki and constantly warning people and warning people i th

. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> welcome back, i'm carl quintanilla with jon fortt and deirdre bosa the testinginues to remain quite valid, we got back down there this morning once again but bulls managed to successfully test. we're back to 3922 but watch that obviously throughout the course of the next several sessions. news update with seema mody. >>> the u.n.'s nuclear watchdog agency says this morning in a new report it remains gravely concerned about conditions at a southern ukrainian nuclear power plant under russian control. the iaea inspectors arriving there last week, the report lists damages at the plant and urges better working conditions for the ukrainian workers who continue to operate the facility. >>> russia is buying millions of rockets and artillery shells from north korea to use in ukraine. that's according to a senior defense official who also tells nbc news the purchases indicate russia's military is still struggling with supply shortages. >>> shares of digital world acquisition corporation are down around 18% today the spac's plans to merge with president trump's social med

on "squawk on the street," "techcheck" starts now ♪ >>> good thursday morning, welcome, i'm carl quintanillaith jon fortt and deirdre bosa. scattered thunderstorms across the cloud, okta, c3 ai getting crushed down to 20% plus after earnings, talking to two ceos this hour. that stock down 10%, software getting rocked zillionth wisdomtree cloud computing etf down 6%. guys, a big part of this is encapsulating what tom siebel said, that is that customers are scrutinizing large deals, maybe more now than ever before. >> they are, sale cycles lengthening, something we also heard from bill mcdermott at service now several weeks ago. but first of all it's not all the same i want to note nutanix which had earnings, up almost 30%, almost. outperforming there. but, you know, some of these companies have individual challenges, problems, you look at okta, and, you know, integration of an acquisition, not managing the salesforce in the best way, c3 ai is switching to a consumption-based model and dealing with the sales cycles. but i think overall the macroenvironment is having more of an impact on the en

"techcheck" starts now >>> good friday morning, welcome to "techcheck," i'm carl quintanilla, with jon fortt and deirdre bosa nasdaq seeing a first positive session in six what it means heading into the fall later on this hour. >>> plus, a terrible week for growth names across cloud, cybersecurity as you know. we'll check in the ceos behind sentinel one, pager duty and smart sheets, three names sha have been caught up in the volatility about their outlook protect throughout the hour. dee, pretty interesting here as we were up 2.75. >> kicking off with that widely watched jobs number. you've been talking about it all morning. markets heading -- some calling it a goldilocks report it's a good thing. as we look at treasury yields, the ten-year, around 3.2 that's obviously good for some of the names we've been talking about all week that have been feeling this pain, that is unprofitable tech, improfitable tech, the clou, the cloud etf down yesterday, a bit of a recovery today, not enough, only less than 1% jon, it will be good to hear from more ceos they're giving us a picture. they're sti

i'm carl quintanilla in for sara eisen. 1% losses or close to it as it shifts from the jobs number top down almost a full percent biggest decliners on the week, a lot of companies that warned in recent days. among them nvidia, pvh and seagate. coming up on the show, dan

have a good weekend, let's get to dom chu in the half >>> all right, thank you very much, carl quintanilla here we are, the "halftime report," i am dominic chu in for scott walker today stocks pushing higher yet again, aiming to break a three-week losing streak but a big warning from a major investor about why stocks could fall below june lows, we will debate that call with our investment committee they are today brenda -- shannon -- john, and jim -- in englewood cliffs, new jersey, checking on the rally at this hour right now, we are up 332 points, north of 1% gains for the dow, 1.25% gains for the s&p 500, solidly above 4,000, 4,059 the last drad there and 1.8% advances for the nasdaq composite. and by the way the russell 2,000 small caps also showing a bit of outperformance as well we will get back to the investment committee in just a moment, but first -- our own steve liesman joins is now with breaking news, and breaking headlines out of the fed steve? >> two speeches, dominic, but two hawkish fed members, governor chris waller saying he supports another significant increase in the fu

i'm carl quintanilla in for sara eisen. 1% losses or close to it as it shifts from the jobs number to energy s&p down almost a full percent biggest decliners on the week, a lot of companies that warned in recent days. among them nvidia, pvh and seagate. coming up on the show, dan niles will join us to break down the wild week for tech, including today's big downside reversal. we'll talk to energy expert tom kloza about this developing news about nord stream 1. the pipeline will not reopen as scheduled tomorrow first let's get straight to the market mike santoli watching today's turn-around. >> yeah, carl, reassuring jobs number seemed to leave people to set the dials for a nice gentle rally about halfway through the day. we were hovering at the 50-day average, reinforcing the day that yesterday's upside reversal had something to it. the 3900 level was seen very important as going into yesterday. one reason is it basically is the uptrend line from the june lows right to now, so that would seem to stay intact but it's precarious at the moment not too much breathing room there. we obviou

"techcheck" starts right now >>> good morning welcome to "techcheck" i'm carl quintan quintanilla.nding adobe plunging today we will talk about that. is a deal making renaissance coming something to debate. and netflix a rare outperforming today. where evercore says buy now as shares top more than 5% although the nasdaq down about 1.3% as yields today remain stubbornly high starting with the deal of the day, adobe shares plunging after releasing earnings ahead of schedule, the top line missed, bottom

i'm carl quintanilla, here with david faber. jim cramer has the week off. we have powell on thursday, ecb, futures getting a lift here over the last couple of weeks nasdaq trying to avoid its seventh straight day of losses and opec plus surprising the energy markets, agreeing to cut production targets by about 100,000 barrels per day starting in october >> ukrainian president zelenskyy is set to virtually ring the open bell right here at the new york stock exchange. we'll take you there live when that happens >>> let's begin with stocks trying to rally a bit to the shortened week of trading. we got the note about the fed over the weekend saying the u.s. can achieve a soft landing jan argues three things, some rebalancing in the labor market, that's coming along, and a large decline in inflation which they think has been particularly encouraging and they even suggest that shelter, rent growing might slow >> some things considered stickier are cooperating, at least in the short term. i think it's always been the case that it's been a tricky equation to get to

eight carl quintanilla with david faber and sara eisen the nasdaq is trying for three days up as we've got some cooler inflation numbers out of china, some decent tech and retail results. we begin with stocks looking to snap that loss over the last few weeks. gugg guggenheim's scott miner says a 20% drop is still in the cards >>> plus failure is not an option former vice chair richard clarida says it will come hell or high water. >>> kroger shares up ahead of the open >>> ppi two three instead of the prior four two, the first time ppi has come in below cpi in a couple of years. >> it reflects what's happening with china's economy which is basically stalled and continuing to go through these rolling shutdowns for millions of people but for those in the markets, and there is a growing camp of people, investors saying we've peaked on inflation, it's coming down very quickly, the fed should be looking at these forward looking indicators, it's more proof that that's happening around the world and it's good news lot fed is singing a completely didn't tune. it almost doesn't matter who you he

i'm carl quintanilla at the code conference in beverly hills, california david faber and mike santoli at the nyse ew york stock exchange cramer has the day off goldman says the fed will likely raise this month claims to 222k and of course, david, we have powell in just a few moments. >> we'll start with the fed in a few minutes. jerome powell will participate in the monetary policy conference that is virtual this year we'll bring that to you live his appearance comes with the next may major fed policy meeting less than two weeks away mike joins me here >> ecb raising rates about 0.75%. bond yields lifted on that i think that's in the immediate term what made equity futures more anppreapprehensive yes, a good rally, all the things that stock investors look at as kind of, you know, the traffic signals were green if not, you know -- at least not red anymore. yesterday we got reiteration of the hawkish stance 3/4 in september and essentially affirming that i think that's what we're looking at right here. 75, and let's just say as goldman sachs is saying, 0.75% in september followed by 50

i'm carl quintanilla with david faber here, cramer's at 1 market in san francisco stocks trying to recoverrom the fed hangover as other central banks around the world hike rates, bank of england, the swiss, indonesia, japan propping up the yen for the first time in a quarter century, two years still above, the curve still deeply inverted. the fed updating its plans to slow inflation but the fed chair admits it's unclear if that will cause a recession. >> plus, home prices are notching what is the biggest drop in nine years and the market slowdown is weighing on new homeowners we're going to dig into the quarterly results of two home builders >>> and the s.e.c. reportedly set to stop short for banning payment for order flow as part of the new rules while shares of robin hood are soaring this morning. >> let's begin with the markets and the fed after yesterday's selloff, jim i'm reading your morning note. special carnage edition. what does that mean? >> well, i put that out for investing club, and this is my morning memo, which i felt had to be a little more dire, if only because i think the

i'm carl quintanilla and david and cramer is in seattle energy costs not enough to offset higher prices on shelter, new care, stocks open red. the two-year above 3.7 we'll begin with the hotter than expected cpi jim, you just had a discussion about it's hard to pin the increase on any particular category pretty broad based >> well, at the same time, isn't that why the fed's talking about raising rates? i mean, one of the things that really astounds me is let's say this number showed a decline in almost every single aspect of what we saw, i think we'd be saying i cannot believe the fed is raising rates .75 they're going to throw us in a recession. what the fed is saying let's make it so that housing is not so hot can't do all that much about food we'll make it because you can't buy a lot of autos why do people think the fed was going to do .75? did they think the fed would say, you know what, weaker number, let's cool it? david, when i look at these things and i look at the futures down, all right, are the people who do this risk on, risk off nonsense really still in charge after we've s

"techcheck" starts right now >>> good morning welcome to "techcheck" i'm carl quintan quintanilla. early results in a new $20 billion deal sending adobe plunging today we will talk about that. is a deal making renaissance coming something to debate. and netflix a rare outperforming today. where evercore says buy now as shares top more than 5% although the nasdaq down about 1.3% as yields today remain stubbornly high starting with the deal of the day, adobe shares plunging after releasing earnings ahead of schedule, the top line missed, bottom line was a beat guidance for the current quarter mixed by the company announcing it will acquire figure ma for $20 million. a closer look. >> the deal is really all about the top line and accelerating top line you know we are an extremely profitable company we have some aggressive goals in terms of being able to make this accretive in year three, which is rapid as well as driving top-line growth. i any from the perspective of shareholders we willoff set dilution while the transactions underway we believe that it rapidly actually enables us to

i'm carl quintanilla with jim cramer and david faber september begins and with it a selloff in bonds, losingsessions. busy macro day with pmi on deck. nvidia and amd amd told to stop selling ai chips to china. shares take a hit at the open. >> and campbell'

eight carl quintanilla with david faber and sara eisen the nasdaq is trying for three days up as we'vewe begin with stocks looking to snap that loss over the last few weeks. gugge

i'm carl quintanilla david fraser and jim cramer are back two-year yields seeing their biggest drop sincewar between fed policymakers some are not seeing eye to eye >> chevron and bp

squawk on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanillaoing to give a lot of yesterday's rally back as revised q2 consumption and inflation data runs hot, claims back below 200,000 we're watching the damage from hurricane ian. nike earnings tonight. road map begins with inflation jitters continuing to jolt markets. fed officials say policy not restrictive enough yet >> plus, apple's deman

i'm carl quintanilla live from the code conference in beverly hills.there is some weakness as "the journal" runs this piece that argues that 75 basis points is still very much in the cards but not too far away from the flat line. big tech front and center. alphabet ceo hinting at potential counts

i'm carl quintanilla at the code conference in beverly hills, california david faber and mike santoliraise this month claims to 222k and of course, david, we have powell in just a few moments.

. ♪ >>> good whence morning, i'm carl quintanilla with jim cramer david faber is on assignment we aretocks since june of 2020. some signs of stabilization but rates continue to kree higher. two year 3 a 3 fairly steady after core ppi is in line although core was a tenth hot. that's where we will begin with markets and inflation. stocks trying to recover from the selloff today, as of yesterday's close the dow is off about 16% from the all time

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer pile up here nike, micron, meta, carmax and fedex. core pce runs hot, two-year, 4.18%. our road map begins with another rough quarter tomcoming t

i'm carl quintanilla and david and cramer is in seattle energy costs not enough to offset higher prices we'll begin with the hotter than expected cpi jim, you

squawk on the street" is next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilladay lower, although we've had a wild ride on cable today, approaching 1.03 the two-year hits 435, oil got close to 77. futures point to a fifth day of losses as yields rise and a pound hits that record low >> plus,

. >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david faberd decision at 2:00 eastern, big bank ceos at house financial services, potus at the u.n. as putin begins this partial mobilization futures taking all to in a road map this morning begins with fed watch 75 basis point rate hike is expected, but it is the outlook for future rate hikes that investors will watch more clos

i'm carl quintanilla, here with david faber. jim cramer has the week off.of weeks

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla at the new yorkr summit in new york today, and what a day to have that conference as futures swinging green here as the bank of england blinks, says it will buy long-dated bonds to calm markets and meantime, hurricane ian does look to hit florida, potentially as a cat 5, the ten-year retreat

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla talks to cramerur road map begins with that stark warning. >> are we going into a worldwide recession? >> i'm not an economist. >> you know more than economists come on. they just push papers. you actually look at things. >> i think so. >> you think we are?

i'm carl quintanilla with david faber here, cramer's at 1 market in san francisco stocks trying to recoverhe world hike rates, bank of england, the swiss, indonesia, japan propping up the yen for the first time in a quarter century, two years still above, the curve still deeply inverted. the fed updating its plans to slow inflation but the fed