i'm david faber with jim cramer.e're live at the new york stock exchange carl has the morning off let's give you a look at futures. you just heard from becky, of course we're looking for a lower open this morning we'll see, as we always do july ended yesterday so our roadmap does start with a new month for stocks yes, a new month wall street coming off what was a strong july. the nasdaq and s&p posting five-month wing strning streak o far. it's the busiest week of earnings season with more than 160 s&p 500 constituents reporting. merck, pfizer, uber, jetblue, marriott, caterpillar. we've got a lot of different earnings reports to get to this morning. i mentioned caterpillar. it did top estimates also lower sales and potentially tighter margins in the third quarter. the company's ceo will join us later. >> that is just the bearish -- they had a great number. we'll talk about the fact that they don't even have enough product. the bears like to get to it very early. this is routine. they did it before they took the stoc

1980, changed the name to dish network, and spun it you have a from its arm eckstar do not miss david faber's of "squawk on the street. >>> we have al full slate of earnings out this morning. let's get to dom chu for all the highlights >> a big earnings mover of an economic bellwether. that's u.p.s the shipping and logistics giant is falling to the tune of just around 5%, around 30% of pre-market volume. revenues came up short, due in part to softening demand for ecommerce deliveries if you couple that with the heightened cost associated with the new labor agreement, it's signed with the teamsters union. u.p.s. is now cutting its full-year revenue and operating margins outlook. u.p.s. is down about 5%. competitor fedex also down down about 2%. and the dow jones' transportation etf is off about 1%, as well. then there's a couple of pharma/health care-related movers both have ties to the surge in the popularity of anti-obesity drugs. we'll start with the earnings around eli lilly, which is up around 8%, around 360,000 shares of volume. the drug maker handily topped estimates for revenue, thanks

i'm carl quintanilla with david faber, live at post nine of the new york stock exchange. enjoying a cpi print that came in pretty much in line and the lowest core annual inflation once again since 2021, down to 4.7. bulls taking the s&p up to 4525. in just a few moments we'll get sara eisen's interview with linda yaccarino, ceo of x, known formerly as twitter live from their new york city headquarters 30 minutes into the trading session, big movers we're watching, alibaba in the green beats system after revenue grows 14% year on year, the biggest annual increase. tapestry buying capri in a deal worth $8.5 million we'll get details on that in a midget disney headed higher reporting a rare quarterly net loss but announcing plans to raise prices on the ad-free streaming tier and crackdown on password sharing. we're going to break down those numbers in just a moment as pell. >>> consumer prices up 3.4% from a year ago in july slightly below forecast. steve liesman joins us to break down the important number, very much a focus of the market as we'v we've seen a positive srespo

i'm sara eisen with carl quintanilla and david faber. nine of the new york stock exchange take a look at stocks here in the early action declines we're down 358 on the dow. the s&p 500 down a full percent as well, and the nasdaq under performing as it has been as we've seen these rising yields over the last week and a half down 1.25% this comes after yesterday's rebound in stocks. 30 minutes into the trading session. here are three big movers we are watching for you right now earnings is the theme. ups is under pressure this morning. missing revenue estimates, lowering its forward guidance due to, quote, the volume impact from those labor negotiations and costs associated with the tentative teamsters agreement. look at international flavors and fragrances, slashing guidance after consumers pulled back during the quarter. that company warning that destocking could continue for the rest of the year stock is getting absolutely hammered then on the plus side, eli lilly, one of the top gainers on the s&p as novo nordisk heads higher. >> getti

i'm carl quintanilla with david faber and mike santoli. cramer has the morning off. coming off our first back-to-back s&p gains of the month, futures look to give a little back of the open as we await inflation data beginning with jolts in about an hour. our roadmap begins with, as we said, first back to a back gain since july, still on pace for the worst month of the year. >>> the white house names merck, amgen, abbvie products among the first ten drugs for direct negotiations between medicare and those manufacturers. >>> commerce secretary raimundo making her way to shanghai, this as she continues the four-day trip overseas. we will take you live to china. >>> let's begin with the markets as we start talking about the month of september. yesterday, mike, it was sam stovall who said, look out, it's the month where you're more often down than up. be spoke says when you're up double digits going into september for the year-to-date, not usually as bad. >> usually strength on some level begets further strength. i feel like we've been hyper focused on the seasonal stuff

> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberall back at post nine of the new york stock exchange premarket's getting back some of friday's downside reversal big week for inflation data. cpi thursday, earnings this week, u.p.s., disney, baba, under armour, roblox and more. nasdaq looking to rebound from four-day losses as investors digest conflicting fed rate hike commentary >>> plus back off the worst day and week of the week, the company reportedly looking to boost its efforts in a.i >>> and elon musk and mark zuckerberg seemingly agreeing to that cage match, but some hurdles still ahead. >>> let's begin with the markets. the s&p, nasdaq, as we said, coming off their worst week since march, jim that reversal friday didn't feel great. >> oh, my. it took your breath away and i was watching them just saying, what happened? is there some event? did something happen that was exogenous? but then again, look, let's remember, bonds having a nice move today they were down 36. now they're only down 11 i thought that friday was one of tho

i'm sara eisen with david faber. we are live at post 9.by only 13 points s&p 500 does remain weaker this is after yesterday's sell-off be there is strength under the hood, energy, utilities, stap ms, health care, industrials, and real estate. those sectors are there. we are 30 minutes into the trading session. here are three big movers starting with lyft shares are moving in reverse revenue per rider decreased almost 5% this quarter from last quarter. that's a potential reason. look at carvana rallying, expecting ebitda adjusted to be way higher than its prior guidance and analyst estimates the stock is up more than 850% year to date this is one left for dead. and take-two interactive out with results, missing earnings estimates, reaffirming full-year booking guidance we'll talk with strauss zelnick later this hour at post 9 to break down the numbers and the long-term impact he did say, guys, on the call last night that as far as the economy and the consumer goes, he's seeing some green chutes. this is an industry that's been under pressur

i'm carl quintanilla with jim cramer and david faber. tesla and nvidia up another 2 to 4%.ig morning. retail earnings, another bank downgrade and more. our roadmap will begin with the retail stuff. lowe's and macy's beating on the bottom line. dick's tumbling on a big miss. >>> on the m anda front, microsoft submits a new proposal to u.k. regulators, seeking final approval on the deal to buy activision. the chip designer filed for what is expected to be the year's largest i pfrpo. >> i think renee hawes is the real deal. spent a lot of time at nvidia before he went to arm. i'm now putting out $100 billion. i was trying to be spontaneous. >> we do it every time. we blow up what we plan -- >> i was trying to go right there. >> literally the second the show starts. >> thank you. >> you're welcome. >>> we'll do retail since the booth has it stacked. macy's, dick's and lowe's all on the move. i'm not sure what's so important, the warning about shrink at dick's or credit at macy's. >> i told jeff bennett that i don't like it when you make a forecast when you say next quarter is r

i'm carl quintanilla with jim cramer and david faber nvidia's lowout going to boost the nasdaq as the market moves on to jackson hole jobless claims come in the lightest of the month. yields are higher across the board. our road map begins with nvidia's a.i. boom the chip maker delivering that blowout quarter with no sign of slowing demand >>> plus, we'll talk fed expectations, what investors need to know as central bank leaders gather in jackson hole, wyoming. >>> boeing is weighing on the dow. the shares are moving lower after the company revealed a new 737 max manufacturing defect >>> let's kick off with nvidia, set to open at a record high this morning company more than doubles revenue, raises their guidance, citing a surge in demand for a.i. chips this is jensen huang on last night's call >> our demand is tremendous. we are significantly expanding our production capacity. supply will substantially increase for the rest of this year and next year nvidia has been preparing for this for over two decades. >> jim, no lack of superlatives today. >> no. and look, because i do want to be

david faber breaking that news early this morning chris leads a division at intuit, overseeing $12 billion acquisition. that search included ceos from both think tank and consumer companies. they narrowed that down to four companies before choosing chriss who takes over in late september. they met with 20 members including elliott management when took a $2 billion stake in paypal last year even though they say they had no role in that search. shulman announced his depaprtur in may he is known for brain tree venmo but paypal has struggled to make money off venmo and its $45 billion pinterest deal is seen as a smudge. paypal has a lot of competition from apple and others. wolf research says it could be a driver for shares to stabilize chriss' experience in small business space and acquiring assets is key to paypal's strategic objectives they're hopeful for him to drive monetization some are cautious about his experience in software as opposed to payments and e-commerce still a show-me story, guys. >> absolutely. kate, thanks. >>>al lan ratner joins us on why he says new home prices are likel

good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at post nine of the new york stock exchange. futures steady but we got a bunch of movers, especially in consumer, as foot locker and peloton get crushed on results. meantime, in europe, dollar getting a bounce. our road map begins with a retail reckoning. foot locker is the latest to c cite consumer softness. >>> shares of nvidia, well, they've hit record after record of late and are potentially higher ahead of the open. investors, of course, will be closely watching those quarterly results. they will be delivered after the bell. >>> and mohow about some concer about housing? demand is dropping to its lowest level in 28 years. toll brothers, though, out with earnings and points to a supply-demand imbalance in the market. >>> let's begin with foot locker extending the retail rout we've seen. suspending the dividend. ceo mary dillon says the company saw a softening of trends in july, and we mentioned nike and this losing streak we've seen. >> mary's got -- she turned around ulta, took h

i'm carl quintanilla with david faber and leslie picker here at post nine.has the morning off. trying to get a little bit of bounce after three weeks down for the s&p. a lot is going to depend on the data and the earnings headed our way. some high-profile ones including nvidia. >> a pretty big week. wea we're 30 minutes in. tesla rebounding this morning, though still in correction territory after a double digit fall in august. shares more than 25% off 52-week high and up 6% today. >>> and nvidia, carl just mentioned it, continuing its ride higher. hsbc raising its price target to $780 per share as baird calls it a top pick ahead of results later this week. that stock up about 4.5%. and finally, palo alto surging after a strong eps beat and guidance. more on those results in just a moment. >>> well the dow is coming off what was its worst week since march. the nasdaq posts its biggest three-week drop since december. all this as investors brace for fed chair powell who will be at jackson hole later this week. steve liesman joins us, of course. he gets ready fo

i'll carl quintanilla with david faber. cramer has the morning off. futures steady as the bulls put together a winning week on the s&p. eco data is going to dominate this week. jobs number on friday. two-year does hit 5.1, almost a two-month high. our road map begins with the congress secretary telling thegyne ease it is profoundly important for the two countries to have a stable economic relationship. >> plus, 3m is one of the biggest gainers on the s&p this morning. it would settle the cases over defective ear plugs sold to the u.s. military. >>> and we'll have the latest around m&a as the ftc suspends that challenge to block amgen's $27 billion deal for horizon therapeutics. a lot more on that and what it means in a moment. >> let's kick off the markets with a new week. action on friday actually coming out of powell's speech, not too terrible. a lot of discussion on friday, david, about optionality, balance, something for everyone. but on the dovish side, talking about some of the lag effects of prior hikes that maybe haven't hit the economy yet. >

there were comments iger made in his interview with david faber last month about his frustration aroundotiations with the strikes. iger's comments were really flagged as concerning to a lot of people here in hollywood and i think as a result he drew a lot of criticism on the call yesterday he was trying to walk back, saying he respects creatives, he's focused on finding a solution and i think he was trying to sound a little more conciliatory yesterday. that was the message i heard so, it's a crazy time here in the industry but i think it will be interesting to see how the work stoppages, both of actors and writers have long-term implications on the whole industry particularly on the broadcast business, which is something disney is obviously concerned about. >> well, we got a reschedule date on awards maybe there's hope something gets done even after the new year we'll see, julia thank you. big quarter out of disney. we'll go back to new york city headquarters for a breakdown of sara'sntvi ierew with linda yaccarino so stay with us. new projects means new project managers. you need to hi

so, maybe turn that frown upside down, david faber.upside down, look at marathon petroleum all-time high in an energy stock, c.q thank you for joining us >> thank you, guys really good to be here, had a lot of fun, as always. thank you for watching "fast money. as you know, "mad money" with jim cramer starts right now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to save you a little money my job is not just to explain, educate but put days like today into context so call me at 1-800-743-cnbc or tweet me @jimcramer most of the time traders have the memory of a mayfly many of them couldn't even tell

is all going to be about does bob iger really articulate a clearer message than what he said to david faber, which on our air, which raised all sorts of questions and has basically -- >> put everything out there. really put everything out there. >> really changed the narrative around disney. it created how many news cycles about what's going to happen to the linear channels. all the folks at places like abc will be sitting there listening, trying to figure out are they core or not core to the business as he referenced last time what's going to happen to some of these other pieces? what does it mean to have other partners i don't believe it when he said partnerships for espn that he was necessarily talking about this this is one sort of smaller piece. >> seems like a small piece. >> the question is, is there an nba deal or is there a deal with one of the leagues or many of the leagues? is there a deal with an amazon i still think that amazon-type of deal where they become a partner in some kind of gtc kind of property. but that's going to be the whole game. >> that would be good. but i think

david faber here. sara eisen has the morning off. adp comes in with a miss. watch that closely. >> 30 minutes into the trading session. three movers we're walking. ambarella plunging. the ceo warning of a challenging environment as customers reduce their unveninventory. hp falling also. and watch shares of pvh, beating on the top and bottom lines and solid growth in the asia business, of course that's the parent company of tommy hilfiger and calvin clein. >>> july numbers pending homes, signed contracts not yet closed, so they give us a glimpse into the future. up .9%. up .9%. believe it or not, that is the best number going all the way back to january when it was 8.13. so even though that's the comp, it was much higher in january. now if you take a year over year perspective, minus 13.8. minus 13.8 and we haven't had a positive year over year number going all the way back to november of 2021. but that's sort of normal on the year over year looks. that series started in '02 and the first year and a half it was on record, it was pretty much very similar, lots

david faber has the morning off. big show ahead for us.ommerce secretary gina raimondo later with us later this hour, her first live interview since returning from the high-profile trip to china. we'll get the read with one company big exposure, jennifer rumsey joins us at post nine take a look at how stocks are fairing in the early action. the dow is higher by 113 points. you can thank salesforce for that move. it certainly is the biggest contributor. the s&p 500 up a third of 1% on this final trading day of august and the nasdaq rebounding up 0.5% real estate, health care, strengthen, tech, industries, financials and materials. >> 30 minutes into the session here are three movers. first salesforce, fueling the dow higher it top gainer in the s&p after beating on the top and bottom line and raising their guidance we're going to break down the numbers later this hour. dollar general slumping after slashing its forecast for the second quarter in a requite softer sales trend and increase in inventory shrink and watch the banks, ubs hitting a

david faber has the morning off.ond yields still elevated even after reassuring productivity and labor cost data. >>> our road map begins with warren buffett telling cnbc he's not worried about the fitch downgrade. >>> apple and amazon set to report after the bell tonight. >>> speaking of earnings, we're going to talk to shopify's president this hour on the company's latest quarter after topping some estimates >>> but let's begin with tech as we look ahead to apple and amazon tonight the nasdaq, as we said, worst daily performance since february, jim. are we going to use qualcomm as a read for tonight >> no, qualcomm is just pa theting i. i was disgusted with that quarter. i'm so tired of their hype i'm sorry. i have a negative attitude about them i'm positive about other things. i mean, at the start, once again, they do this thing, it's great, it's great, it's great. and then you get to actually, but you know what, it's bad, and it's weak. it's great, it's great, well, it's bad, it's weak, and this is post auto and

> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabert post nine of the new york stock exchange futures did lose some ground here as we set up for an important week july quarter earnings, retail sales, fed minutes, bond yields perked up a bit as b of a upgrades the u.s. consumer today. our road map begins with a rate picture. goldman-sachs expects the fed to begin easing in q2 of next year. >>> also ahead, we're going to talk about what is next for the tech sector. this is in the midst of what's been a rough august at least so far. we're down 7% month to date. >>> and letter x surging company rejects an unsolicited takeover offer from its rival, cleveland cliff. >>> let's get some other news, though, as well, as we start the show paypal has a new ceo >> whoa. >> yeah. alex, who currently runs the small business and self-employed group for intuit, is going to take over from paypal's long-time ceo dan shulman on september 27th according to members of the board >> a little earlier than expected >> they conducted the search for paypal's new

david faber has the morning off.remarket is taking a spill on that downgrade of the united states big menu of corporate earnings, and the macro data runs a littl hot today. our road map begins with that downgrade, though. fitch is the first major ratings firm to downgrade the government's credit rating in more than a decade >>> earnings in focus, state of texas, ea, match, humana and amd's chief lisa su will join us later this hour. >>> apple sports books reportedly reaching a new streaming deal with the pac-12 let's begin with the fitch downgrade. downgraded the u.s. to aa plus you talked about this last night. is the market shrugging it off or not >> i think it has to in some ways, it's just an upgrade of the way we run our country, and i think you want to go back and think, well, what happened in august 5 of 2011 when the s&p downgraded us s&p was at 1,119 it had gone down to 1,095. so, there was a big decline. then, one year later, it went up so, in other words, if you just take the worst case scenario, which is

david faber has the morning off.retty soggy premarket target, tjx, moving the retail earnings ball along, and the ten-year still elevated at 4.22%. cisco tonight. our road map begins with target. up sharply as an earnings beat offsets this sales miss and the lowered guidance >>> regional banks looking to rebound after the comments on capital requirements >>> and concerns about the china slowdown weighing on that country's stocks, including jd.com, which did have strong results. let's begin with target. mixed results, lowered guidance, jim, negative comps, inventory down 17. there's something for everybody in this. >> there is. and when you speak to brian cornell, it's one thing. he's obviously disappointed in same store sales he does not like to miss that number i will tell you this when you see inventories down, that means there's no promotion coming up, so things will be okay forecast wasn't exactly what i wanted one of the things that brian did is he's just getting these incredible gross margins he knows what peop

david faber has the morning off. action, another tough week for the bulls and we're under pressure again. s&p down 0.5%, bringing the losses for the week to now more than 2%, 2% for the nasdaq as well. the nasdaq comp down 1%. the center of pain has been about it technology so far this week. that continues today. there is strength in utilities and staples and real estate, but the communication services and tech and consumer discretionary groups are at the bottom of the market. here are three big movers we're watching. earnings, deere in the red, beating on the top and bottom lines this morning as well, but shares are down as some warn of a slow down ahead in agriculture equipment demand. ross stores going the other way on better than expected earnings and raising their guidance, echoing results from other retailers like tjx. ross and tjx some of the best performers this week. cost conscious shoppers are on the hunt for bar begins playing out in the sales picture. we're watching estee lauder lowering its guidance afte

> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabernt week july quarter earnings, retail sales, fed minutes, bond yields perked up a bit as b of a upgrades the u.s. consumer today. our

david faber has the morning off.d the ten-year still elevated at 4.22%. cisco tonight. our road map begins with target. up sharply as an earnings beat offsets this sales miss and the lowered guidance >>> regional banks looking to rebound after the comments on capital requirements >>> and concerns about the china slowdown weighing on that country's stocks, includin

i'll carl quintanilla with david faber. cramer has the morning off.minate this week. jobs number on friday. two-year does hit 5.1, almost a two-month high. our road map begins with the congress secretary telling thegyne ease it is profoundly importan

there are a lot of questions and there have been a lot of questions since bob iger sat down with david faber about a month ago on our air talking about the issues of the future of linear and future of espn and all of it. do you think what you heard yesterday gives you more confidence what is your take on what you heard? >> i think what we have seen as disney grappling with the reality of the difficult and complicated business the previous bob iger was telling a story of the skip from one business model to streaming and streaming would be better. now, what you are seeing is streaming is a tough business that has a lot of downside the declining business that they are now obviously talking about getting out of it linear television is something they do in a difficult situation he said consumers will pick up the tab from one to the other. essentially they doubled the price of disney plus >> they are doubling the price clearly trying to sell you a bundle if they can lock you into ulu, the other piece is pay up at some point in 2024 to comcast, parent company of this network that is a lot of change

good wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberdy but we got a bunch of movers, especially in consumer, as foot locker and peloton get crushed on results. meantime, in europe, dollar getting a bounce. our road map begins with a retail reckoning. foot locker is the latest to

i'm carl quintanilla with jim cramer and david faber. tesla and nvidia up another 2 to 4%.l begin with th

i'm carl quintanilla with jim cramer and david faber nvidia's lowout going to boost the nasdaq as theacross the board. our road map begins with nvidia's a.i. boom the chip maker deliver

david faber has the morning off.er reassuring productivity and labor cost data. >>> our road map begins with warren buffett telling cnbc he's not worried about the fitc

> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber this morning. our road map begins with the market's three-week pullback. s&p's on track for the worth month since september of

i'm carl quintanilla with david faber and mike santoli. cramer has the morning off. to give a little back of the open as we await inflation data beginning with jolts in about an hour. our roadmap begins with, as we said, first back to a back gain since july, still on pace for the worst month of the year. >>> th

david faber has the morning off.e earnings, and the macro data runs a littl hot today. our road map begins with that downgrade, though. fitch is the first major ratings firm to downgrade the government's credit rating in more than a decade >>> earnings in

> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberwnside reversal big week for inflation data. cpi thursday, earnings this week, u.p.s., disney, baba, under armour, roblox and more. nasdaq looking to rebound from four-day losses as investors digest conflicting fed rate hike

i'm david faber with jim cramer.rk stock exchange carl has the morning off let's give you a look at futures. you just heard from becky, of course we're looking for a lower open this morning we'll see, as we always do july ended yesterday so our roadmap does start with a new month for stocks yes, a new month wall street coming off what was a strong july. the nasdaq and