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Jun 14, 2023
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on the street" is next ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaith jim cramer, david faber it is fed day. decision at 2:00 eastern, and for the moment, futures mixed as the dow notches six consecutive gains, longest streak since january. producer prices come in cool, up 1.1% that's the lowest since 2020 our road map begins with stocks. the s&p eyeing its highest open in about 14 months, investors banking on a fed rate hiking pause later today. >>> amd sets its sights on nvidia in the battle for a.i. dominance, but is the company's new chip too late to the game? that got a groan from jim. >>> and a warning from united health it is weighing on all the -- many of the stocks in the overall health insurance sector hated of the open, the company saying it expects a spike in medical costs in the second quarter. >>> let's begin, though, with producer prices and the fed. policymakers due to announce their decision, as we said, 2:00 eastern today, followed by the chair's news conference. jim, a lot of discussion on just how bad fed days have been for stocks
on the street" is next ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaith jim cramer, david faber it is fed day. decision at 2:00 eastern, and for the moment, futures mixed as the dow notches six consecutive gains, longest streak since january. producer prices come in cool, up 1.1% that's the lowest since 2020 our road map begins with stocks. the s&p eyeing its highest open in about 14 months, investors banking on a fed rate...
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Jun 27, 2023
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i'm carl quintanilla with david faber, mike santoli at the new york stock exchange.mer has the morning off the s&p still on pace for the best month since january a lot of corporate news out of delta, snowflake, walgreens, microsoft. durable goods impressed with a beat the market rally detour, whether or not it's a sign of things to come >>> also ahead, a rough start for shares of walgreens. the company slashes its outlook, posting quarterly earnings below most analysts' estimates that's the first time in three years it's done that, although the stocks has been going down for a while. >>> a different story for delta, raising second quarter guidance. we'll have the latest from the company's investor day. >>> dow coming off its sixth straight day of losses, the longest streak since september of last year a lot of discussion this morning, mike, even though the indices were lower, brett was positive >> actually quite positive been on case i would say on balance for the last week-plus and even really for the full month of june at this point. the average stock has actually
i'm carl quintanilla with david faber, mike santoli at the new york stock exchange.mer has the morning off the s&p still on pace for the best month since january a lot of corporate news out of delta, snowflake, walgreens, microsoft. durable goods impressed with a beat the market rally detour, whether or not it's a sign of things to come >>> also ahead, a rough start for shares of walgreens. the company slashes its outlook, posting quarterly earnings below most analysts' estimates...
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Jun 20, 2023
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i'm carl quintanilla at the new york stock exchange.mer is live from the performance review center at ford test track in dearborn, michigan a lot more from jim in just a moment in the meantime, futures are red as investors absorb recent gains. busy week on tap although shortened with powell on the hill tomorrow and tuesday. futures point to a softer opening for stocks today china cutting key interest rates again, and goldman trimming its growth outlook there the latest warning signs for the world's sect largest economy pixar's "elemental" with the worst three-day box office start in its history we begin with jim at ford. you teased us last week. give us a sense of what you're doing there. >> this is really about the change going from internal combustion engine to ev and how ford is managing it. of course, ford versus tesla comes up very many times when i spoke with jim farr earlier this morning before he gave me a ride where i was quite nauseated and grateful i didn't eat breakfast. they're very ventmotivated. i have a mustang ev and 15
i'm carl quintanilla at the new york stock exchange.mer is live from the performance review center at ford test track in dearborn, michigan a lot more from jim in just a moment in the meantime, futures are red as investors absorb recent gains. busy week on tap although shortened with powell on the hill tomorrow and tuesday. futures point to a softer opening for stocks today china cutting key interest rates again, and goldman trimming its growth outlook there the latest warning signs for the...
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Jun 2, 2023
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you for having me >> "squawk on the street" is next >>> welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber jobs number beats. best since january, but unemployment does raise to about an eight-month high, and while yields are up, futures are holding. markets still betting on a fed pause later this month our road map begins with the macro picture and that blowout jobs report. nonfarm payroll surging in may and the senate moves to prevent the nation's first debt default. >>> plusmagnificent seven, a handful of big cap names account for nearly 9% of the s&p's gains year to date >>> and amazon, perhaps in talks to offer mobile service to its prime members. the reporting of that possibility has shares of the big three carriers down sharply this morning we'll discuss. >>> let's start with the market reaction to this morning's jobs number jim, we talked about whether or not this had been derisked earlier in the week with that skip talk. june odds of a hike still below 50, maybe in the 30 range. >> it's so hard, because when you see this number, initially, you have to s
you for having me >> "squawk on the street" is next >>> welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber jobs number beats. best since january, but unemployment does raise to about an eight-month high, and while yields are up, futures are holding. markets still betting on a fed pause later this month our road map begins with the macro picture and that blowout jobs report. nonfarm payroll surging in may and the senate moves...
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Jun 30, 2023
06/23
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i'm carl quintanilla with sara eisen who's back on the agenda today.ey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'l
i'm carl quintanilla with sara eisen who's back on the agenda today.ey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'l
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Jun 5, 2023
06/23
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. ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer,avid faber at post nine of the new york stock exchange coming off the best week for stocks since march as we now head into a fed blackout, and today, an event at which apple is said by some to unveil its most important new product in 13 years. our road map begins with market momentum, though s&p, best week since march, highest level since august, but some strategists now warning of risks to the rally ahead >>> plus, apple is expected to get in -- in july. >>> let's begin with the markets, though, after friday's rally. jim, we were looking for some of those who were fundamentally bearish to turn tail not happening at morgan stanley. >> not at all. but i looked at friday, and i said, just broadening out of the rally, which everyone thinks is good, i'm not quite sure you really need sideline money to come in sideline money is sticking to its decision not to come in. so, why -- david, why would we suddenly have, based on a somewhat stronger number, a belief that they'll be -- i think there
. ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer,avid faber at post nine of the new york stock exchange coming off the best week for stocks since march as we now head into a fed blackout, and today, an event at which apple is said by some to unveil its most important new product in 13 years. our road map begins with market momentum, though s&p, best week since march, highest level since august, but some strategists now...
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Jun 29, 2023
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i'm carl quintanilla with leslie picker the new york stock floor is buzzing.hat action. >>> mark mobius, his bullish take on india and opportunities he sees in china on the back of the recent russian turmoil. >>> the ceo of sarept therapeutics. >>> first, let's take a look at the markets right now. a mixed
i'm carl quintanilla with leslie picker the new york stock floor is buzzing.hat action. >>> mark mobius, his bullish take on india and opportunities he sees in china on the back of the recent russian turmoil. >>> the ceo of sarept therapeutics. >>> first, let's take a look at the markets right now. a mixed
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Jun 1, 2023
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i'm carl quintanilla with sara eisen.a pause. and the inflation data says hike the jobs picture continues to defy all kinds of gravity. what does it mean for the fed, a pause, a push higher we'll talk to morgan stanley. >>> palo alto network says we'll talk to him about his message to investor. >>> later on, a pulse check on luxury real estate the ceo of douglas elliman is
i'm carl quintanilla with sara eisen.a pause. and the inflation data says hike the jobs picture continues to defy all kinds of gravity. what does it mean for the fed, a pause, a push higher we'll talk to morgan stanley. >>> palo alto network says we'll talk to him about his message to investor. >>> later on, a pulse check on luxury real estate the ceo of douglas elliman is
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Jun 28, 2023
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. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabermike santoli at post nine of the new york stock exchange cramer has the morning off big day for macro as powell and other bankers speak on a panel moderated by you are own sara eisen. >>> our road map begins with chip stocks under pressure, reports of a potential new u.s. ban on a.i. chip exports to china. >>> plus, microsoft versus the ftc or the other way around continues today, satya nadella, microsoft's ceo and activision's ceo will testify in court as the ftc tries to block that merger >>> as recession risks linger, president biden is looking to claim credit for the post-pandemic economic recovery in a so-called major economic speech that will be later today >>> let's begin, though, with nvidia and other chip makers falling in the premarket according to "the journal" today, the biden administration is considering new restrictions on exports of a.i. chips to china. the commerce department would put the curbs into effect as soon as early july, and this comes amid concerns that china
. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabermike santoli at post nine of the new york stock exchange cramer has the morning off big day for macro as powell and other bankers speak on a panel moderated by you are own sara eisen. >>> our road map begins with chip stocks under pressure, reports of a potential new u.s. ban on a.i. chip exports to china. >>> plus, microsoft versus the ftc or the other...
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Jun 13, 2023
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i'm sara eisen with carl quintanilla and david faber live for you at post nine of the new york stockrt 4% higher than last year and that was enough of a moderation to keep the markets in a good mood the s&p up for a fourth day in a he row, half a percent tech is again leading the nasdaq up 0.3%. nasdaq 100 hoas been outperforming. the 2-year note yield is lower three movers we're watching, oracle, touching a new all-time high after the company beat on the top and bottom lines more on that quarter in just a moment apple gets a downgrade ubs moving its rating to neutral from buy citing continued pressure for iphone demand and then home depot holding an investor at the nyse reiterating earnings decline projections for the fiscal year of 2024 of 7 to 13%. remember that was a big disappointment the last quarter and the stock moving a little bit higher i think we should pull apart cpi a little bit because this was the big report to watch and it's rare that we get it on day one of a fed meeting here we go the bottom line is, if you look at expectations for a hike today, they call it below 1
i'm sara eisen with carl quintanilla and david faber live for you at post nine of the new york stockrt 4% higher than last year and that was enough of a moderation to keep the markets in a good mood the s&p up for a fourth day in a he row, half a percent tech is again leading the nasdaq up 0.3%. nasdaq 100 hoas been outperforming. the 2-year note yield is lower three movers we're watching, oracle, touching a new all-time high after the company beat on the top and bottom lines more on that...
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Jun 6, 2023
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i'm sara eisen with carl quintanilla and david faber live as always from post nine of the new york stockin the early action under pressure s&p down 0.1%. there's strength there beneath the surface coming from an unlikely place, financials, at the top of the market, up three quarters of a percent. industrials communication services all green staples, energy and technology weighing that's why the nasdaq is down about 0.2% we're 30 minutes into the trading session. three movers we are watching got to start with coinbase, shares plunging after the sec sued the crypto exchange much more on that in a moment. moffett nathan son upgrades at&t we don't see things in at&t getting materially better, we do, however, believe that at&t's stock price now appropriately reflects reality >>> and we're also keeping an eye on apple, after unveiling its new headset, the first new product in a decade. a number of street calls out on the stock including a downgrade to neutral by d.a. davidson, the firm cutting apple's price target to 185 from 193 >>> you've got news. >> we broke news in the last hour of course
i'm sara eisen with carl quintanilla and david faber live as always from post nine of the new york stockin the early action under pressure s&p down 0.1%. there's strength there beneath the surface coming from an unlikely place, financials, at the top of the market, up three quarters of a percent. industrials communication services all green staples, energy and technology weighing that's why the nasdaq is down about 0.2% we're 30 minutes into the trading session. three movers we are watching...
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Jun 8, 2023
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. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange premarket continues in a range, although rates did reverse lower as jobless claims popped to the highest level in 20 months market also grappling with the fallout from these wildfires in canada, more faa ground stops today. in fact, our road map begins with the smoke warnings and economic impacts air quality alerts issued for much of the eastern seaboard to as far west as ohio and kansas millions urged to stay indoors, airline traffic slowed and outdoor events canceled. >>> plus gamestop shares are tumbling ahead of the open that retailer ousts its ceo and names ryan cohen >>> and tesla, will it make it ten straight daily gain days we shall see >>> let's begin with the canada wildfire smoke that continues to blanket the northeast and other parts of the united states new york city experiencing the worst air quality in the world yesterday. today, philly surpasses it officials urging residents to limit outdoor activity, wear high-qua
. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange premarket continues in a range, although rates did reverse lower as jobless claims popped to the highest level in 20 months market also grappling with the fallout from these wildfires in canada, more faa ground stops today. in fact, our road map begins with the smoke warnings and economic impacts air quality alerts...
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Jun 23, 2023
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i'm sara eisen with carl quintanilla and david faber, live for you as always from post nine of the new take a look at stocks here in the early actionp we've got economic data to digest. stocks are weaker. the s&p down 0.75% adding to the declines we've seen this week tech getting hit only two sectors in the green, utilities and real estate. tech consumer discretionary communication services are the worst performing sectors and that's why the nasdaq is down so much 30 minutes into the trading session. three big movers we're watching. 3m agreed to pay $12.5 billion to settle hundreds of lawsuits brought by cities that said their drinking water was contaminated with forever chemicals made by the company. the class action settlement will cover public water systems across the u.s. that cities say were contaminated by the 3m chemicals in firefighting foam watching shares of carmax. the used car seller beating earnings estimates stock up 30% this year finally look at virgin galactic shares dropping on news it's planning a capital raise thespace tourism company wants to raise $400 million to e
i'm sara eisen with carl quintanilla and david faber, live for you as always from post nine of the new take a look at stocks here in the early actionp we've got economic data to digest. stocks are weaker. the s&p down 0.75% adding to the declines we've seen this week tech getting hit only two sectors in the green, utilities and real estate. tech consumer discretionary communication services are the worst performing sectors and that's why the nasdaq is down so much 30 minutes into the...
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Jun 26, 2023
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squawk on the street" is next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanillaith david faber, sara eisen at post nine of the new york stock exchange cramer has the morning off futures, modestly softer here after the revolt in russia over the weekend. lot of questions and debate about the impact on stocks and commodities. busy week for data s&p coming off the first weekly loss since march our road map begins with a final week of the month, quarter, and the half watching the macro market risks after that failed weekend mutiny and insurrection in russia >>> tesla shares are down ahead of the opening goldman downgrades the stock >>> a tug of war over alphabet, downgraded at ubs, seeing a.i. risks ahead, while a new b of a survey suggests a google search boost. >>> interesting, guys, some things working, arguably, against the bulls to start the week, not a lot of laeearnings data we'll get buyback blackout windows. we've had a run. jpmorgan asks whether we go back 5% to some moving averages, 10%, 20%, they think 5% is more likely >> it's just a garden variety pullba
squawk on the street" is next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanillaith david faber, sara eisen at post nine of the new york stock exchange cramer has the morning off futures, modestly softer here after the revolt in russia over the weekend. lot of questions and debate about the impact on stocks and commodities. busy week for data s&p coming off the first weekly loss since march our road map begins with a final week of...
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Jun 29, 2023
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i'm carl quintanilla with leslie picker the new york stock floor is buzzing.hree ipo hitting the market we'll follow all that action. >>> mark mobius, his bullish take on india and opportunities he sees in china on the back of the recent russian turmoil. >>> the ceo of sarept therapeutics. >>> first, let's take a look at the markets right now. a mixed read the nasdaq lower, s&p flat and dow up about 0.4%. >>> beginning with good economic data driving the data is q1 and jobless claims post their biggest decline in 20 months those positive numbers on the back of the strong housing number we got earlier in the week are we getting to a point where we're getting too much of a good thing and could that hurt the markets? mike santoli joins us to kick off the hour. >> seems good news is still good news for the moment even though we got to the point where we have this recognition that's grown and become pervasive that the u.s. economy didn't buckle, as many expected six months ago. that's manifested in the market. on a month-to-date basis, consumer discretionary equal
i'm carl quintanilla with leslie picker the new york stock floor is buzzing.hree ipo hitting the market we'll follow all that action. >>> mark mobius, his bullish take on india and opportunities he sees in china on the back of the recent russian turmoil. >>> the ceo of sarept therapeutics. >>> first, let's take a look at the markets right now. a mixed read the nasdaq lower, s&p flat and dow up about 0.4%. >>> beginning with good economic data driving the...
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Jun 13, 2023
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. ♪ >>> good tuesday morning i'm sara eisen with carl quintanilla.etting the agenda former federal reserve official vince reinhart saying not hiking tomorrow, which is what the market is expecting, would be a mistake. >>> david marcus with us after correctly calling the nvidia surge on this ai enthusiasm. >>> later the executive chair of aston martin formula 1 lawrence stroll on the slowdown in the luxury market despite a rebound in china. >> markets responding pretty well to that cpi number with year-on-year coming down 4%. s&p got to 4373 at the open. being led by some important sectors at this point. >> i'm watching materials because if you want to see how the market has been broadening out in terms of the rally and not just technology, look at some of these cyclical groups. materials is one of them hitting a one-month high at 2% and up nicely 7% or so for the month of june. still having a rough year but some of the bulls are paying attention to the expansion of the rally. why? well, it started with that good jobs report we got what was that, a fe
. ♪ >>> good tuesday morning i'm sara eisen with carl quintanilla.etting the agenda former federal reserve official vince reinhart saying not hiking tomorrow, which is what the market is expecting, would be a mistake. >>> david marcus with us after correctly calling the nvidia surge on this ai enthusiasm. >>> later the executive chair of aston martin formula 1 lawrence stroll on the slowdown in the luxury market despite a rebound in china. >> markets...
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Jun 30, 2023
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i'm carl quintanilla with sara eisen who's back on the agenda today. bespoke's paul hickey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'll speak with tfin ceo. >>> we're closing out a first quarter and month here, nasdaq up 1.4%. as mentioned, nvidia, the best-performing stock of the year, is leading the charge, up 3.6% so much for the rebalancing. the s&p's up a nice 1%, carl every sector is higher and it's interesting to see how it's correlated with better economic data. that was the big surprise going in, right? we thought we were going to be talking about recession and earnings downturns if you look at the city economic surprise index, it's ticked up and the market has followed suit it helps to also have continued moderating inflation, which we got more of today in the pce numbers. >> is it possible today we're rea
i'm carl quintanilla with sara eisen who's back on the agenda today. bespoke's paul hickey is with us with the nasdaq having the best first half in history. will tech continue to dominate in the second half >>> breaking in the last half hour, the supreme court decision on student loans we'll look at what retailers are mostly at risk. >>> ai meets some investing advice we'll speak with tfin ceo. >>> we're closing out a first quarter and month here, nasdaq up 1.4%. as...
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Jun 5, 2023
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i'm carl quintanilla with mike santoli at the new york stock exchange setting at again da for us today. fundstrat says their conviction that another 10% rally is ahead is getting stronger as we go into the month of june tom lee will break down what's adding to his bullishness. >>> apple will add its newest product and wall street is excited. with the stock at all-time highs, is the enthusiasm overdone we'll speak with the morgan stanley analyst who says this could be a $20 billion opportunity for the company. >>> and jonathan tisch will cover the state of travel, sports valuations, nat gas, a lot to get to. >>> first a look at the markets. a mixed picture. the s&p 500 hovering just above the flat line. another one of those days where it's the nasdaq stocks that are keeping the broader s&p around the flat line. you do see weakness in things like regional banks, another 3% down small caps suffering, but this a familiar pattern it's the big growth stocks hanging things together. >>> topping the tape, what else but technology apple at an all-time high this morning. nasdaq is on pace for th
i'm carl quintanilla with mike santoli at the new york stock exchange setting at again da for us today. fundstrat says their conviction that another 10% rally is ahead is getting stronger as we go into the month of june tom lee will break down what's adding to his bullishness. >>> apple will add its newest product and wall street is excited. with the stock at all-time highs, is the enthusiasm overdone we'll speak with the morgan stanley analyst who says this could be a $20 billion...
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Jun 21, 2023
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. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber, all back at post nine of the new york stock exchange. stocks trading a little heavy ahead of powell, day one on the hill, although his prepared remarks are out. meanwhile, inflation runs hot. our road map begins with the macro picture. powell is set to testify, and fedex sales fall short >>> plus we're watching that ev race we're going to hear what jim farley told our jim about why he didn't hesitate to team up with tesla for that charging partnership. >>> and keep an eye on housing mortgage rates they're flat, but those home builder stocks are still on a tear >>> let's begin with powell. headed to the hill this morning, the fed chair kicking off two days of testimony on the economy. today, it's house financial services, tomorrow, senate banking. in his remarks, he does say nearly all fomc participants believe it is appropriate to raise rates "somewhat further," adding stls still a long way to go to get inflation down to the fed's 2% target. he said the banking system is r
. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber, all back at post nine of the new york stock exchange. stocks trading a little heavy ahead of powell, day one on the hill, although his prepared remarks are out. meanwhile, inflation runs hot. our road map begins with the macro picture. powell is set to testify, and fedex sales fall short >>> plus we're watching that ev race we're going to hear what...
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Jun 9, 2023
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." ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange a mixed premarket as the debate this morning shifts as to whether we're in a new bull. s&p, 20% off the october lows today, b of a declares the new bull market has legs our road map begins with the return of the bull, the s&p, as we said, highest close of the year, up 20% from that october low. >>> plus tesla's rally, it is rolling on stocks now up more than 100% this year. it is on track for what would be its 11th straight daily gain, and i did some back of the envelope figuring. i'll share that with you as well musk's overall numbers >>> no worries, by the way that's meta's ceo, mark zuckerberg, when he's talking about apple's new vision pro, saying, "it does not have magical solutions to the laws of physics that they haven't already tried. >>> let's get to the markets as we said. back is so-called bull territory. interesting, jim, to see bank of america be so plain about it the title of the report is "bye-bye, bear. >> i have t
." ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerdavid faber at post nine of the new york stock exchange a mixed premarket as the debate this morning shifts as to whether we're in a new bull. s&p, 20% off the october lows today, b of a declares the new bull market has legs our road map begins with the return of the bull, the s&p, as we said, highest close of the year, up 20% from that october low. >>>...
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Jun 1, 2023
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i'm carl quintanilla with sara eisen. setting the agenda today -- the manufacturing data does suggest a pause. and the inflation data says hike the jobs picture continues to defy all kinds of gravity. what does it mean for the fed, a pause, a push higher we'll talk to morgan stanley. >>> palo alto network says we'll talk to him about his message to investor. >>> later on, a pulse check on luxury real estate the ceo of douglas elliman is with us with a look at where sales are rebounding and the new market attracting the world's wealthy. >>> take a look at stocks. we've seen a nice improvement. the s&p has gone positive. tech leads the way nvidia is up you have materials having a good day, industrials i'm watching the ten-year yield because we got a ton of data and trying to parse what the market is thinking about it manufacturing, a little weaker jobs, better claims were better than expected americans filing for unemployment games adp a little better than expected prices paid within manufacturing, a little weaker that's a
i'm carl quintanilla with sara eisen. setting the agenda today -- the manufacturing data does suggest a pause. and the inflation data says hike the jobs picture continues to defy all kinds of gravity. what does it mean for the fed, a pause, a push higher we'll talk to morgan stanley. >>> palo alto network says we'll talk to him about his message to investor. >>> later on, a pulse check on luxury real estate the ceo of douglas elliman is with us with a look at where sales are...
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Jun 27, 2023
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i'm carl quintanilla along with morgan brennan on the aagain da, jp mother again's portfolio manager phil camporeale is here >> sheryl palmer, the housing data shows stronger than -- a stronger market than many had expected, she said just today new home sales jumping 12%. >> the stock may be up 300% this year, but it may still go higher >>> first, a check on the markets right now, which are higher with the dow up 134 points the s&p 4350 exactly the nasdaq higher and the small caps getting another bounce, too, up 1% one of the stronger performers month-to-date in a month that has been strong so far, carl >>> topping the tape, taking a look at fed fund futures because there's a cycle high being priced in, 77% chance we see another 25-basis-point hike in july morgan stanley saying the federal reserve will raise rates at the july meeting. we did get the hawkish comments from ecb president christine lagarde in portugal suggesting in that part of the world the hiking is not over strong data across the board, stronger than the market expected definitely puts pce in focus. >> new homes, fast
i'm carl quintanilla along with morgan brennan on the aagain da, jp mother again's portfolio manager phil camporeale is here >> sheryl palmer, the housing data shows stronger than -- a stronger market than many had expected, she said just today new home sales jumping 12%. >> the stock may be up 300% this year, but it may still go higher >>> first, a check on the markets right now, which are higher with the dow up 134 points the s&p 4350 exactly the nasdaq higher and the...
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Jun 6, 2023
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>>> good tuesday morning i'm sara eisen with carl quintanilla live from post 9 on the new york stock exchange. setting the agenda, mark smucker on the heels of a strong quarter as we heard from a number of the staples companies. higher prices driving sales increases while volumes are flat we'll get his take on the consumer and where prices go from here. >>> jpmorgan is with us, running out of reasons to be on the sidelines as wall street debates what type of land, wall street is headed for. >>> later, the return of meredith whitney, known for her big call on the banking sector before the financial crisis. she is back with a new research firm and a new call on the housing market. >>> a check on the markets we're in a familiar range just south of 4300. some pretty big calls out of the likes of goldman, and in the wake of what's a vacuum of ecodata and fed speak, at least today. >> not a lot of directional drivers but what is notable is the expansion of the rally last week and the previous weeks we've been bemoaning, it's big cap tech i'm looking at the russell 2000 of small caps, up 2%
>>> good tuesday morning i'm sara eisen with carl quintanilla live from post 9 on the new york stock exchange. setting the agenda, mark smucker on the heels of a strong quarter as we heard from a number of the staples companies. higher prices driving sales increases while volumes are flat we'll get his take on the consumer and where prices go from here. >>> jpmorgan is with us, running out of reasons to be on the sidelines as wall street debates what type of land, wall street...
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Jun 20, 2023
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>>> good tuesday morning i'm carl quintanilla with sara eisen. setting the agenda, the most accurate strategist is calling for 4000 on the s&p. barry bannister will break down why he's been so bullish and the sectors he says set to take over. >>> a diplomatic progress between the u.s. and china not enough to calm wall street concerns about the outlook goldman sachs the latest to cut gdp forecast leland miller of the china beige book will join us. >>> just a skip or the beginning of an extended pause krishna guha weighs in as key testimony from the fed chair begins tomorrow. >>> let's take a look at where we stand in the market the s&p is down 0.75%. it's still declines across the board. most sectors are lower today consumer discretionary faring the best keep in mind the context, carl, we're coming off the best week for the s&p and nasdaq since march, so it has been the strong run. still some sizeable gains for the month of june as we head into the final weeks of the year holiday-shortened week powell testimony is key, and a bit of economic data,
>>> good tuesday morning i'm carl quintanilla with sara eisen. setting the agenda, the most accurate strategist is calling for 4000 on the s&p. barry bannister will break down why he's been so bullish and the sectors he says set to take over. >>> a diplomatic progress between the u.s. and china not enough to calm wall street concerns about the outlook goldman sachs the latest to cut gdp forecast leland miller of the china beige book will join us. >>> just a skip...
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Jun 14, 2023
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>>> good wednesday morning i'm sara eisen with carl quintanilla from post nine of the new york stock exchange. setting the agenda, marathon asset managements bruce richards with us at post nine to weigh in on the fed, the credit cycle, and where the opportunity lies in this market >> hbe ceo antonio neri is with us >>> and later, first on cnbc, the newly confirmed council of economic advisers chair, jared bernstein. he was just confirmed last night. he will speak with him live from the white house this hour. >> meantime, markets will be suppressed on the dow because of this commentary from unh about the medical cost ratio overall, s&p continues to chug along, about 20 points now from 4,400. one thing i think sarah, we've been talking about, broader leadership, the transports making a move here, up 1.5%. it's going to take you back to say, late march or maybe mid-march, something that you would not ordinarily see if you were counting on a recession >> the cyclicals versus defensive chart has been totally flipped during the month of may, where cyclicals tied to the strength of the econ
>>> good wednesday morning i'm sara eisen with carl quintanilla from post nine of the new york stock exchange. setting the agenda, marathon asset managements bruce richards with us at post nine to weigh in on the fed, the credit cycle, and where the opportunity lies in this market >> hbe ceo antonio neri is with us >>> and later, first on cnbc, the newly confirmed council of economic advisers chair, jared bernstein. he was just confirmed last night. he will speak with...
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Jun 2, 2023
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i'm carl quintanilla along with melissa lee. >> the ceo of novartis is wells intl positive data on the breast cancer drug giving the stock a bump today. >>> later on, the week that was in retail. we have lulu with blowout numbers, macy's warns, dollar general cuts we will talk to walmart chief bill simon on the back of their annual shareholder meeting. >> we are looking at footing session highs right now, dow is up by 1.6% s&p gaining. nasdaq composite is the star here, up by 1% nasdaq 100 hitting a 52-week high that's where all the gains are being made big tech >> debt ceiling about to be signed, decent jobs number, fed may be on hold i know you're watching what tech is doing today relative to small caps. >> that goes to divergence between big cap and small cap. the nasdaq 100 versus the russell 2000 nasdaq 100 is hitting a record high against the russell 2000. that's why a lot of strategists are saying play for the mean reversion, go to the equal weight s&p as opposed to the s&p 500 to get the underperformers. >> or sell ai, buy the hang seng finally, a vix this morning as well, belo
i'm carl quintanilla along with melissa lee. >> the ceo of novartis is wells intl positive data on the breast cancer drug giving the stock a bump today. >>> later on, the week that was in retail. we have lulu with blowout numbers, macy's warns, dollar general cuts we will talk to walmart chief bill simon on the back of their annual shareholder meeting. >> we are looking at footing session highs right now, dow is up by 1.6% s&p gaining. nasdaq composite is the star here,...
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Jun 23, 2023
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another hour of "squawk on the street," live on the floor of the new york stock exchange, i'm carl quintanilla with sara eisen, setting the agenda, famed economist, david rosenberg, why he says investors are coming around to the bubble that's been created and the one investment he says will give you returns and let you sleep at night. >> plus, new brand ceo, chris peterson, first interview since taking the reins, the stock is down 40% can he turn it around and. >>> norfolk southern's ceo, the company continues to recover four months after the east palestine train derailment and costs rise and volumes drop. >>> but first, taking a look at the markets right now, we are under a little pressure, down more than .5%, nasdaq double that, about 1% right now the take for the nasdaq, it is set to break its eight-week win streak and seeing its worst week since april. we're starting to see maybe some giveback on the a.i. trade, big cap tech, although that has been the center of the universe so far and it still remains for the month, month to date gains hold, and year to date gains hold as well. >> macro d
another hour of "squawk on the street," live on the floor of the new york stock exchange, i'm carl quintanilla with sara eisen, setting the agenda, famed economist, david rosenberg, why he says investors are coming around to the bubble that's been created and the one investment he says will give you returns and let you sleep at night. >> plus, new brand ceo, chris peterson, first interview since taking the reins, the stock is down 40% can he turn it around and. >>>...
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Jun 28, 2023
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i'm carl quintanilla with leslie picker the heads of the four largest banks are sitting down with sarah at the ecb forum in portugal we'll talk to sarah in a few moments about some of the highlights, but there have been many, even as the markets have been recovering a bit. s&p went positive a moment ago >> you did hear from chair powell just a moment ago, where he said that that 2% target, he doesn't expect it to happen this year or next year for core inflation. he says that he does see us getting there by 2025. sarah followed up and said, you know, we're going to be restrictive for a long time then and he said, we will be restrictive for as long as we need to be so 2%. it's going to be a while before we see that. at least according to the fed. >> yeah, others who disagree, it's going to happen a lot more quickly. take a quick look at the markets right now. we started out with not just the central bank commentary, but news in the chips and technology, as we get some reports of potentially new curves regarding vidia's chips in china dow continues to be weighed down s&p, pretty much back
i'm carl quintanilla with leslie picker the heads of the four largest banks are sitting down with sarah at the ecb forum in portugal we'll talk to sarah in a few moments about some of the highlights, but there have been many, even as the markets have been recovering a bit. s&p went positive a moment ago >> you did hear from chair powell just a moment ago, where he said that that 2% target, he doesn't expect it to happen this year or next year for core inflation. he says that he does...
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Jun 22, 2023
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i'm sara eisen with carl quintanilla and david faber live for you as always from post nine of the new chair, jay powell, on the hill. today testifying in front of the senate banking committee we'll take you to q&a later this hour weakness again today, nothing as extreme today. down 20 points on the dow. the s&p slipped into positive territory. the nasdaq out performance, tech leads up about a quarter of 1% we're 30 minutes into the trading session. nrg energy, the biggest gainer on the s&p the company announcing plans to boost its stock buyback program and also deleverage its balance sheet and cut costs amid pressure from activist investor elliott management stock up 3%. shares of nvidia under pressure as the company gets ready to meet shareholders at its annual meeting later today. the stock is up 190% this year going into the meeting accenture is falling, one of the biggest losing, the company beating earnings estimates but the outlook disappointing the street and julie sweet will be joining us in a few moments this hour to discuss what they're seeing on i.t. budget side of things.
i'm sara eisen with carl quintanilla and david faber live for you as always from post nine of the new chair, jay powell, on the hill. today testifying in front of the senate banking committee we'll take you to q&a later this hour weakness again today, nothing as extreme today. down 20 points on the dow. the s&p slipped into positive territory. the nasdaq out performance, tech leads up about a quarter of 1% we're 30 minutes into the trading session. nrg energy, the biggest gainer on the...
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Jun 30, 2023
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. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabereadline pces in line. futures strong as yields are down apple, nike, banks, semis and travel today on what could be a messy holiday weekend. our road map
. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabereadline pces in line. futures strong as yields are down apple, nike, banks, semis and travel today on what could be a messy holiday weekend. our road map
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Jun 9, 2023
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." ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer off the october lows today, b of a declares the new bull market has legs our road map begins with the return of the bull, the s&p, as we said, highest close of the year, up 20% from that october low. >>> plus tesla's rally, it is rolling on stocks now up more than 100%
." ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer off the october lows today, b of a declares the new bull market has legs our road map begins with the return of the bull, the s&p, as we said, highest close of the year, up 20% from that october low. >>> plus tesla's rally, it is rolling on stocks now up more than 100%
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Jun 5, 2023
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. ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer,ange coming off the best week for stocks since march as we now head into a fed blackout, and today, an event at which apple is said by some to unveil its most important new product in 13 years. our road map begins with market momentum, though s&p, best week since march, highest level since august, but some strategists now warning of risks to the rally ahead >>> plus, apple is expected to get in -
. ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer,ange coming off the best week for stocks since march as we now head into a fed blackout, and today, an event at which apple is said by some to unveil its most important new product in 13 years. our road map begins with market momentum, though s&p, best week since march, highest level since august, but some strategists now warning of risks to the rally ahead >>>...
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Jun 1, 2023
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squawk on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanillanine of the new york stock exchange first day of june kicks off with the debt ceiling bill that does pass the house, moves to senate. big diet of eco-data today, adp runs hot, but yields mostly lower. ten-yea ten-year, lowest since mid-may salesforce
squawk on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanillanine of the new york stock exchange first day of june kicks off with the debt ceiling bill that does pass the house, moves to senate. big diet of eco-data today, adp runs hot, but yields mostly lower. ten-yea ten-year, lowest since mid-may salesforce
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Jun 28, 2023
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. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david faberr macro as powell and other bankers speak on a panel moderated by you are own sara eisen. >>> our road map begins with chip stocks under pressure, reports of a potential new u.s. ban on a.i. chip exports to china. >>> plus, microsoft versus
. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with david faberr macro as powell and other bankers speak on a panel moderated by you are own sara eisen. >>> our road map begins with chip stocks under pressure, reports of a potential new u.s. ban on a.i. chip exports to china. >>> plus, microsoft versus
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Jun 26, 2023
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squawk on the street" is next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanillanew york stock exchange cramer has the morning off futures, modestly softer here after the revolt in russia over the weekend. lot of questions and debate about the impact on stocks and commodities. busy week for data s&p coming off the first weekly lo
squawk on the street" is next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanillanew york stock exchange cramer has the morning off futures, modestly softer here after the revolt in russia over the weekend. lot of questions and debate about the impact on stocks and commodities. busy week for data s&p coming off the first weekly lo
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Jun 29, 2023
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on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," aisle carl quintanillaramer has the morning off got some news flow on this thursday, big reskvisions higher to q1 gdp. micron is moving some chips. banks pass the stress test and an important day for ipos. our road map begins with the return of the ipo. three new listings set t
on the street" is next ♪ >>> good thursday morning, welcome to "squawk on the street," aisle carl quintanillaramer has the morning off got some news flow on this thursday, big reskvisions higher to q1 gdp. micron is moving some chips. banks pass the stress test and an important day for ipos. our road map begins with the return of the ipo. three new listings set t
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Jun 8, 2023
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. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerith the fallout from these wildfires in canada, more faa ground stops today. in fact, our road map begins with the smoke warnings and economic impacts air quality alerts issued for much of the eastern seaboard to as far west as ohio and kansas millions urged to stay indoors, airline traffic slowed and outdoor events
. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerith the fallout from these wildfires in canada, more faa ground stops today. in fact, our road map begins with the smoke warnings and economic impacts air quality alerts issued for much of the eastern seaboard to as far west as ohio and kansas millions urged to stay indoors, airline traffic slowed and outdoor events
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Jun 27, 2023
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i'm carl quintanilla with david faber, mike santoli at the new york stock exchange.for the best month since january a lot of corporate news out of delta, snowflake, walgreens, microsoft. durable goods impressed with a beat the market rally detour, whether or not it's a sign of things to come
i'm carl quintanilla with david faber, mike santoli at the new york stock exchange.for the best month since january a lot of corporate news out of delta, snowflake, walgreens, microsoft. durable goods impressed with a beat the market rally detour, whether or not it's a sign of things to come
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Jun 21, 2023
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. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerugh his prepared remarks are out. meanwhile, inflation runs hot. our road map begins with the macro picture. powell is set to testify, and fedex sales fall short >>> plus we're watching that ev race we're going to hear what jim farley told our jim about why he didn't hesitate to team up with tesla for that
. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerugh his prepared remarks are out. meanwhile, inflation runs hot. our road map begins with the macro picture. powell is set to testify, and fedex sales fall short >>> plus we're watching that ev race we're going to hear what jim farley told our jim about why he didn't hesitate to team up with tesla for that
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Jun 20, 2023
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i'm carl quintanilla at the new york stock exchange. michigan a lot more from jim in just a moment in the meantime, futures are red as investors absorb recent gains. busy week on tap although shortened with powell on the hill tomorrow and tuesday. futures point to a
i'm carl quintanilla at the new york stock exchange. michigan a lot more from jim in just a moment in the meantime, futures are red as investors absorb recent gains. busy week on tap although shortened with powell on the hill tomorrow and tuesday. futures point to a
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Jun 14, 2023
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on the street" is next ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaent, futures mixed as the dow notches six consecutive gains, longest streak since january. producer prices come in cool, up 1.1% that's the lowest since 2020 our road map begins with stocks. the s&p eyeing its highest open in about 14 months, investors banking on
on the street" is next ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanillaent, futures mixed as the dow notches six consecutive gains, longest streak since january. producer prices come in cool, up 1.1% that's the lowest since 2020 our road map begins with stocks. the s&p eyeing its highest open in about 14 months, investors banking on
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Jun 2, 2023
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you for having me >> "squawk on the street" is next >>> welcome to "squawk on the street," i'm carl quintanilla to about an eight-month high, and while yields are up, futures are holding. markets still betting on a fed pause later this month our road map begins with the macro picture and that blowout jobs report.
you for having me >> "squawk on the street" is next >>> welcome to "squawk on the street," i'm carl quintanilla to about an eight-month high, and while yields are up, futures are holding. markets still betting on a fed pause later this month our road map begins with the macro picture and that blowout jobs report.