i'm sara eisen with carl quintanilla.>> got succession at free port freeport-mcmoran. >>> will apple be the a.i. winner despite being late to the party? we'll debate it this hour as the stock hits an all-time high and helps out the technology index. the s&p is down.

i'm carl quintanilla with jim cramer. futures are getting challenged. micron, levies and walgreens down 20%. chips under pressure. micron fails to top the revenue forecast despite executives expressing optimism about a.i. walgreens plunges ahead of the open, slashing profit guidance in a challenging consumer environment. amazon climbing again after becoming the fifth u.s. company to cross the $2 trillion market cap. let's begin with micron, not getting that a.i. boost in the premarket. the memory chip maker a lagger. last night there was optimism about a.i. demand. >> we expect spikes throughout canada in 2024 despite near term demand in pcs and smartphones. as we look ahead to 2025, demand for a.i. pcs and smartphones and growth of a.i. in the data center creates a favorable setting that gives us confidence that we can deliver a substantial revenue record in fiscal 2025. >> jim, you're talking to him to tonight. >> yeah. do people know sanjay? he's solid and been around for a long time. there's a way to look at what sanjay talks about. i've had many ca

welcome to "squawk on the street" i'm carl quintanilla with jim cramer at post nine of the new york stockxchange. faber has the morning off. the story flips as nvidia looks to bounce after the worst three-day drop in a year and a half. what does this mean for the next rotation? a tough three-day slight. bofa adds it to best of breed today. the eu's new tech target accusing microsoft of breaking antitrust rules. we're watching the plane makers, airbus cutting targets and boeing reportedly in talks to buy back spirit mostly with stock. let's begin with nvidia looking to rebound after sliding into correction territory. jim, even though since the close on the 14th, s&p is up a touch. >> i don't like rallies that start in pre opening, and the reason i don't is because then anybody who is in it yesterday, who bought it -- 118 -- 117 after the close. those people are going to hit, going to hit, going to hit. that's going to make other sellers come up. you want to see it open down and then rally. this takes away the opportunity. so the people are not i think going to be able to say let's make a s

i'm carl quintanilla with sara eisen live at post 9 of the new york stock exchange.akes the case for large cap stocks. >>> we'll speak with one investor who voted against the musk package. >>> coastal homes disappearing into the ocean. a look at the lit cal rising risks in real estate. >>> for now,

i'm carl quintanilla live with leslie picker. today, stress tests for the financials.sider these capital rule changes. >> plus, rosenblatt upgrades apple to a buy this morning, bullish on its privacy-focused ai offering. the analyst behind that call joins us this hour. >> later on, we're going to walk you up to nvidia's annual shareholder meeting, set to kick off in about an hour. we'll tell you what to expect next. >>> stocks right away, though, somewhat of a mixed picture at this hour. the dow is down about 0.2%. the s&p, that one down

i'm carl quintanilla with sara eisen live at post nine.wmancroft, one of barron's hall of fame financial advisers on this narrowing evaluation gap between the mag 7 and the rest of the market. >> and billionaire investment banker ken moelis is with us. >>> nvidia gets all the headlines, but one top tech investor says there are plenty of under-the-radar ai plays and he'll lay out some of his top picks. meantime, some

i'm sara eisen with carl quintanilla. david faber off today.rom post nine of the new york stock exchange. take a look at stocks. we're down just 0.1% in the s&p in the last half hour of trading. we opened lower, came back, and now a number of sectors have turned green along with information technology, which is, of course, at the top where it has been lately. we have consumer staples, industrials and energy consumer discretionary in positive territory. the nasdaq 100 also has gone positive this morning. again, it's been a huge outperformer for the quarter, up 8% for the year, up 17% and that strength thanks in part to the chips stocks. today it's broadcom continuing its rally off last week. nvidia up, apple up, tesla doing well. micron, auto desk we'll talk about in a moment as well. take a look at treasuries. the trend lower treasury yields and reversing a bit today but we're still sharply off those highs that we got just a few weeks ago, which when the 10-year was 4.6. we're below 4.3. the 2-year yield 4.74. here are movers we are watching th

. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla withimid fabert post 9 of the new york stock exchange. coming off all time highs for s&p, nasdaq, futures a bit mixed as the ecb delivers that long awaited cut in rates since 2016. the ten year bill 4.3. the big tech ai boom, nvidia the second most valuable company, and rallying ahead of the open. >> plus ai dominance is under s scrutiny. the doj open antitrust inquiries of microsoft, openai and nvidia. we have lulu shares surging despite weak second quarter -- a weak second quarter outlook. five below seeing lower consumer sending levels. >> let's begin with nvidia joining the $3 trillion valuation club, surpassing a apple to become the second most valuable company in the united states behind microsoft. jim put all ofpective last nigh money." >> we've got some huge winners in our time, steve jobs, the iphone, bill gates, windows, jeff bezos, amazon, now meta. nothing like jensen. nothing at all. bottom line, thank you, jensen, for changing the world and for you skeptics, take a look at today's bigg

i'm carl quintanilla. leslie picker is in at post 9 of the stock exchange.is a.i. partnership with nvidia and how hp fits into the a.i. ecosystem. >>> rodney mcmullen talking about the state of the consumer, get an update on food inflation. the stock really did move during the call today. >> absolutely. and all three major indexes solidly in the green today. treasury yields also the ten-year, you've got that at 4.28% currently. we're on watch for treasuries to kind of erase some of those losses for the year-to-date. we'll keep a

carl quintanilla with sara eisen live at post 9 of the new york stock exchange.d co-owner of the new york giants, jonathan tisch. >>> wells fargo names its best stock to own in software and cyber security. we'll get the name and the analyst trade ahead. for the time being, lost some of the opening gains. dow is down almost 200. back below 5300, 5266, as some data today, mike santoli, senior markets commentator, did imply

i'm sara eisen with carl quintanilla live from post 9 of the new york stock exchange.ear since 2021. we'll talk to the owner of landbridge ahead of their debut. >>> later, is the shoe on the other foot for nike? bank of america calling the stoc

i'm carl quintanilla with jim cramer. too darn hot. jobs number for may 272,000, defies expectations of 185,000. futures are lower. our roadmap begins with fed expectations following today's hotter than expected number. we're going to break down what it means. >> we continue to be on meme watch. gamestop shares sinking. the company selling a lot of stock and roaring kitty teases a youtube stream today. >> kathy wood praises tesla's ceo. where she says it would be unconscionable to renege on elon musk's pay. >>> reaction to the jobs number, 272,000, minor revisions. household down 400 plus. once again, we have split signals. >> look, i think the public looks at the 4 and says we've had an incredible string of below 4, so things are starting to get a little softer. but the actual number, if you look at the gains in service jobs and government jobs, it's rather extraordinary. all of those service pmis were strong. they're still hiring, the government. but if you have hospitality, anything involving service, travel, leisure, they're just n

." ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla.im cramer is back at post nine of the new york stock exchange. david faber has the morning off. final week of q2 as the s&p's coming off three weeks of gains, up nearly 4% for the month. busy week. pce, the presidential debates, micron earnings, nike, carnival, fedex, and more. our road map begins with the final trading week of the first half. gdp, pce coming, a lot of fed speak on deck. while high-flying nvidia does look on track for a three-day slump. >>> all things apple, the first company now charged with violating the eu's dma rules and discussing an a.i. partnership with meta. >>> and federal prosecutors want boeing to face some criminal charges from the doj. >>> let's begin with the market kicking off this week of trading. you are a sight for sore eyes. did you have fun? >> it was the greatest. i was with my two daughters, and you can't beat it. it was all outdoors, not a lot of paying attention to the market, although i did my deep dive yesterday, and i will say from the get-go

i'm sara eisen with carl quintanilla live at post 9 of the new york stock exchange. says yes and he joins us at post 9 to explain why. >>> a gut check on the consumer and their spending habits. the ceos of wingstop and sam's club are with us this hour. >>> news out of amazon, tackling medicare spending. dr. van gupta joins us with details. >>> meantime, keep your eye on the markets. we have swung into the red. dow down 0.10 of a point. retail sales was a number today. we'll start with the momentum trade, though. bmo bullish on its ability to continue.

i'm carl quintanilla with sara eisen. today expectations versus reality.st rate cut. will a soft landing lead to more record highs for stocks? >>> then, a gut check on the consumer. the ceo of tanger. >>> a lot riding on apple's wwdc event this afternoon. can the company finally make a breakthrough on the a.i. front? >>> first off in the markets, we've seen a little turn i

i'm sara eisen with carl quintanilla on the floor of the new york stock exchange.tember and december. he'll be on to make his case. >>> elon musk claiming victory for his pay package. what that means for tesla moving forward. >>> the home construction etf on pace for its best qu

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramernd david faber at post nine of the new york stock exchange. futures do pop here as may cpi comes in with a goose egg on headline, below estimates and the lowest monthly print in four years. core is also light. ten-year now at a two-and-a-half-month low and the fed is on deck. our road map begins with that cooler than expected inflation print with the fed's latest interest rate announcement and projection coming later today. >>> plus, shares of paramount under pressure after shari redstone pulled the plug on that deal with skydance. >>> we have a big a.i.-fueled boost for oracle. those shares are up rather sharply on google and openai cloud deal news. >>> let's begin with this market reaction to cpi ahead of the fed's decision and presser this afternoon, jim. man, the internals on this, whether it's gas prices, core goods, insurance -- >> insurance finally broke. there was a piece out last night saying that prop cash broke and auto brakes and those are things we all have to pay, you dri

welcome to "money movers," carl quintanilla with leslie picker.oday's "money movers" is coming up. >>> new fund-raising numbers for president biden and former president trump. where the war chest lines up. >>> a rare look from italy with the ceo of ferrari as they make a huge investment into the production of evs. >> stocks somewhat of a mixed picture. those with exposure to nvidia feeling a bit more pressure. s&p 500 down about, let's

carl quintanilla also there. on stage wrapping up his conversation with that lady, michigan's governor gretchen whitmer. let's give you a check on the markets and treasury yields a half hour into trading in the day. you see we're down on the two averages that matter. the 10-year is continuing to lose a bit of ground when it comes to yield. sara, over to you in d.c. and find out what you got coming up. >> yeah. it's an exciting day at the ceo council summit where all the hot topics are addressed as they relate to business. we've got an audience of ceos here, and they just heard from the head of the imf, managing director. i will bring you highlights from that conversation and they will hear, as you've been talking about, from two leaders on antitrust ahead of the ftc and the antitrust division at the department of justice. mike johnson, speaker of the house. everyone is trying to figure out what comes next in terms of policy. obviously, we're in an election. trade, lregulatory policy at th top of the agenda. we're

." ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla.aber has the morning off. final week of q2 as the s&p's coming off three weeks of gains, up nearly 4% for the month. busy week. pce, the presidential debates, micron earnings, nike, carnival, fedex, and more. our road map begins with the final trading week of the first half. gdp, pce coming, a lot of fed speak on deck. while high-flying nvidia does look on trac

i'm carl quintanilla with jim cramer. too darn hot.

. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with melissa leenesday's holiday. central banks continue to ease this morning. it's the swiss, qqq's closing in on a 20% total return for the year so far. our road map begins with the number

good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberance, equities not able to enjoy more

. ♪ >>> good thursday morning, welcome to "squawk on the street," i'm carl quintanilla withimid fabertime highs for s&p, nasdaq, futures a bit mixed as the ecb delivers that long awaited cut in rates since 2016. the ten year bill 4.3. the big tech ai boom, nvidia the second most valuable company, and rallying ahead of the open. >> plus ai dominance

." ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerset the table for a big week. cpi, fed decision, tesla's annual meeting, futures getting dinged a bit by higher yields in europe after sunday's parliamentary elections. our road map going to begin with this big week on the street. investors preparing for that big batch of inflation data. >>> apple holding its long-awaited worldwide developers conference today, expected to unveil

. ♪ >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramerere as may cpi comes in with a goose egg on headline, below estimates and the lowest monthly print in four years. core is also light. ten-year now at a two-and-a-half-month low and the fed is on deck. our road map begins with that cooler than expected inflation print with the fed's

. >>> good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer as yields bounce on some hot inflation reads around the globe. canada, yesterday. australia, today. that said, several upgrades today for names like apple, depot, shopify, and more. our road map begins with nvidia today,

welcome to "squawk on the street" i'm carl quintanilla with jim cramer at post nine of the new york stockop in a year and a half. what does this mean for the next rotation? a tough three-day slight. bofa adds it t

. ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer,st couple weeks will be busy. futures are pretty solid after friday's monster closing rally. ten-year is back below 4.5%. our road map begins with the a.i. race. the rivalry intensifying over the weekend as nvidia and amd preview these new generations of chips powering the global a.i. boom. >>>

." ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with sara eisenoff. futures, a bit soft on this holiday-shortened week after the nasdaq's record close on friday. s&p now up 7 of 8 weeks as more strategists raise their targets over the weekend. our road map begins with wall street's bullish expectations. the s&p getting a new top target of 6,000 and eyeing its 30th record of the year. >>> plus, big tech's domin

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.e market shifts its focus from tech to the macro. our roadmap begins with apple joining the ai arms frenzy. big potential boost to the tech giant's product cycle, but is it too late to the game? >> el lie lilly's alzheimer's drug get

. >>> good wednesday morning, welcome to sid"squawk on the street," i'm carl quintanilla with jim cramertock exchange. adp becomes the latest in a series of soft economic prints this week at 152,000. ten-year drops to 4.31%. that's a two-month low, although oil does bounce a bit off the lowest price since february. elon musk confirming the cnbc.com report which says he redirected nvidia a.i. chip shipments meant fo

i'm carl quintanilla with jim cramer, david faber at post nine of the new york stock exchanges.urprise drop in producer prices down .2%, and jobless claims spiked at the highest level since august ten year drops to 4.25 our road map begins with fed expectations holding rates steady now the surprise o

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer final trading day of the month, the quarter, and the first half as futures go green on this friendly core pce print, mostly in line, annual rate down to 2.6%. bonds do catch a bid. ten-year, 4.26%. road map begins with politics, th