. >>> good tuesday morning i'm carl quinn nia along with jim cramer and david faber futures are steady marketing baking in no hike from the fed tomorrow roadmap begins with inflation's downward path, cut by more than half since last year's peak, still 4% what are the implications for the fed? >>> cloud revenues giving oracle a big boost. shares were up yesterday in anticipation of the earnings they're up again ahead of the open this morning. ubs down grades apple saying it sees weaker demand ahead for iphones. >> jim, i know you love to look at internals thank you, energy, down 3.6. used cars up 4.4. >> used cars is not up to date the last few weeks used cars, the margin between used cars -- msrp is down, by the way, for new, has gapped. used cars have plummeted, maybe 5% which is not captured by this that's okay. you're looking forward that's a category that is a win for the fed. all i can say, david, i don't know if you've seen some of the notes on student loans maybe people just won't be able to go anywhere and won't bid up housing. right now toll brothers a million dollars. by the

tesla has got machines in factories that people are in love we spent a lot of time on faber, the fabererview. not "princess bride. we didn't go into it one bit it is impressive to see how competitive he is. not necessarily a trojan horse with the charging stations but make it so the business person knows there's a charge place everywhere he is about winning and about proving wall street wrong, carl. wall street right now is so jaded about what ford can make he's talking about big cuts, but he's also talking about the union. the union has declared war i don't know there might be a strike in the offing >> we got the writers, obviously. we're watching the actors. i see ups did vote to authorize at least -- and we'll see what that may or may not mean later in the year. they're talking about potential disruptions to back-to-school if that happens. >> here it's a question of the union. they have a new union leader who is very antagonistic to what i regard as capitalism, but you can argue is fat cats. he's talking about how the capitalists are about being greedy the billionaires aren't lettin

our david faber sat down with jay monahan, and the governor of the saudi investment fund, and today ane bombshell of a development. as the day goes on, there seem to be more questions, wouldn't you say? is there any chance this deal doesn't get done >> you know, they would say no, kelly, that they are on a -- on a straight line to having a definitive agreement, but that said, they don't have a definitive agreement, and it is interesting, of course they chose for a number of reasons, i think, to announce this deal as a memorandum of understanding, in part, because it probably would have leaked once they went out to the players. they do need to line up to some extent although they have the full support of the pga board, but your question is an important one, and, you know, there are any number of at least questions at this point, and i think a number of those questions even came up with the answers that were given by jay monahan as well during the course of our interview. one thing though they did seem fairly clear on is simply why they chose to do this deal take a listen. >> we've recog

i'm sara eisen with david faber.e with the ceo of kroger the grocer finally seeing relief in the supply chain. we'll talk the consumer and inflation and the latest on its deal to buy albertsons. >>> investors ingest the hawkish pause from the fed why there may be more downside risk

. >> thanks for that diana he olick >>> we told you that lulu will be merging with the pga tour faberback with n yotet heard sound from that interview. stay with us ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ sfx: [police sirens] due at target in 5! copy that. make a hard left down the alley. sfx: [tires screeching] sfx: [police sirens wailing] network's got you covered. please confirm requesting back-up. changing route. go. roadblock ahead. ...back up, back up... reverse! reverse! sfx: [police sirens] next level moments. we're 30 seconds out. need the next level network. north corridor, hurry! coming through! or 3, let's go. the network more businesses choose. transplant received. at&t business. ♪ ♪ every day, businesses everywhere are asking. is it possible? with comcast business...it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too.

wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabert 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, especially this year, but r

i don't know where vanna white is in all of this, but i'm putting our own david faber up to the job,t's really difficult to watch when ken's not there he's not going to do "wheel of fortune. although it pays, that's for sure >> why not >> i think faber with the big wheel could be unbelievable. >> i don't know. it's like hangman. it's not like "jeopardy!" where you've got to be a genius. >> it's hard >> oh, it's very hard. >> you know that >> i can't do "wheel of fortune. but "wheel of fortune" is when i really realize -- >> faber's the brain this is -- and it's a different type of, it's a spatial sort of -- >> it makes it difficult if you need all the answers to get the answer, i can't play the -- i can't. >> but you play wordle every day? >> i do. >> and he's got at that. >> sajak's amazing >> hold on maybe i missed it, do you want the job? >> no, no, i can't do it myself pip need all the letters to be there. if they offered me -- what are we talking >> i could try -- you know, i know some people, i could make some phone calls >> that would be -- >> i think pat does okay i think pat

good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabert 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-quality masks if

good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabert post nine 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 shares under pressure >>> also ahead, the house passes the debt ceiling deal on a bipartisan basis >>> and two fed officials are making the case for skipping a rate hike. >> boo >> at least this month >>> plus, worries about consumer demand macy's is cutting its full-year forecast that news is weighing on that particular stock >>> let's begin with this run for big tech, closing out the month of may in the green. the nasdaq did post its first three-month win streak since 2021, but we're watching salesforce today down in the premarket, despite a beat for its latest quarter ceo marc benioff was on "mad" with jim last night and broke down the results >> we're focused on our restructuring, improving our productivity, our performance, pri

who did not pass by and informed the employees of this information that in the e area, there is a faber of course, hunting inspectors bit by bit restored the details of that poaching outing in the forest of shooting the bear is here, and on saturday the place was covered with white polyethylene. well, with a white polyethylene film and cover with a little grass. that is, as if to hide the place of shooting , a bear trail goes to this place, as it turned out, probably a poacher. tried to hide from the hunting inspectors. they tried to block his way. well, to stop him and his vehicle skidded. and, as it were, with the right side, it went here, and later, getting rid of the ears of the killed bear cub is easy to pull out the body, it doesn’t matter. just hide hunted in a few kilometers from the village of krasnogorsk, kstovsky district, there is an apiary nearby, which, according to some sources, may belong to mr. sizov in the nizhny novgorod region for a week, as i can say with secrecy. a person who walks in this gun could not help but know whether hunting is allowed or not. andrei sizov,

wednesday 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. 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 resilient. >>

and uh, faber strength. are those that are used in the design and construction and technology. here we have completed the green shaded ones. uh, everything, uh, the procedures are formalized and the next three financial ones have begun. eh, the second line. this is the import substitution of the calculation analysis. the system is an import substitution of the development of programs with cnc and e, an information system of internal of our knowledge management dc, which is extremely important so that all factories and design bureaus of the corporation have access to the knowledge of their neighbors. this is also an extremely important task. these works are in progress. e completion of technical specifications, and we plan this year. uh, paint them green so that they can develop them further, which, as i said last time, is extremely important for the government. well , firstly, firstly, it is extremely important to maintain this support. it turned out to us that we had already come under partial sanctions. uh

i'm david faber with melissa lee. we're live from post nine at the new york stock exchange.e the morning off. let's give you a look at the markets. kind of a mixed bag. the nasdaq down a bit, but we do have the s&p up a little more than 0.1%. >> we're just about 30 minutes into the trading session here are three movers we're watching this morning. virgin galactic share skyrocketing after the company is targeting a commercial launch window june 27th, after which a second flight will follow in august with monthly flights after that the stock up 31%. adobe is the top gainer in the s&p 500. the company reporting record revenues beating estimates for top and bottom lines, shares up 35% in two months up 2.6% today. finally we are watching micron, shares on the move after announcing plans to invest more than $600 million in the chinese production lines, despite a partial ban by regulators in the country. for more on all of this the markets and the it can rally, let's bring in advisors capital management chuck lieberman and tom forte. chuck, start with you, we are witnessing a marke

i'm carl consistent nia with jim cramer and david faber apple and coinbase at the top of the news flowldman cuts odds of a recession. another s&p 500 target hike from bemo apple getting into the headset game, looking to bring mixed reality into the mainframe the sec's crypto crackdown, bitcoin dropping to its lowest level since march as the regulator sues binance and coinbase gary gensler joins us on cnbc in a few minutes from now >>> elon musk says ai regulations are on the way in china. >>> first up, breaking news this morning involving coinbase the sec suing the crypto platform in manhattan federal court, accusing it as operating as an unregulated securities exchange brokerage and clearing agency, the regulator says since 2019 coinbase has made billions unlawfully securing the buying and selling of crypto assets we'll discuss all of that with sec chair gary against ler in a few moments, jim we're going back several years now, and some of the complaint just looking at the blatant disregard for sec laws. >> we want to really distinguish between binance from last night where the govern

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

is surprise this came as an absolute shock to the golf world, and in that brilliant world our david faberh the two leaders of this new partnership, we actually didn't get a lot of information as to how the deal came together the pga is now going to face the risk of of a backlash. we've seen lately especially consumer backlash to companies that engage with affiliates and countries that engage in practices that they don't engage with you think back to the human rights abuses and you have to wonder if within the golf world we're going to see a similar backlash in partnership with the saudis >> you can say that about the golf world, but it's not just exclusive to the golf world. there are still many companies doing business with china. we recently had many companies visit senior leadership in china. it's not specific to sports events what it does tell you is, a, pga realized they can no longer stand as a standalone nonprofit organization the key word is "for-profit. ultimately the saudis got what they wanted out of this, which is recognition on an international stage, and a lot of what the sa

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 say, wow, they got to tighten,

. ♪ >>> good friday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabersara eisen at the new york stock exchange. cramer has the morning off we are wrapping up the month, quarter and first half with a strong batch of news headline 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 begins with stocks, the nasdaq eyeing its best first half since '83 >>> plus of course deal scrutiny, the ftc and microsoft now awaiting a judge's decision, which could help decide the fate of one of technology's largest ever acquisitions. >>> and nike shares are falling ahead of the opening, delivering what some say is a gloomy forecast, overshadowing a strong recovery in china. >>> let's begin with the markets so far this year all three major indexes are in the green, led by the nasdaq, up almost 30% as we said. best first half since '83. s&p closing in on 15%, which would be the best first half since 2018 confounding a lot of people, who were eyeing more nefarious scenarios at the b

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 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 will be a s

. ♪ >>> good wednesday morning welcome to "squawk on the street," i'm david faber with jim cramer carlas the morning off let's give you a look at futures. we get started with the trading day. it's a hump day, jim it's wednesday >> you bet it is >> yeah, baby. we look like we may have a bit of a higher open we'll start with the markets the s&p 500 posted its highest close since august of 2022 you're going to hear what treasury secretary yellen as well told cnbc about the economy. >> yeah. >>> also ahead, crypto is in the cross hairs in the wake of those s.e.c. lawsuits against coinbase and binance. of course, we were joined by chair gentzler of the s.e.c. on this very program yesterday. we'll give you the latest. >>> plus, the a.i. effect on stocks what goldman-sachs is saying about the chances for further upside >>> all right, let's start with that market rally. s&p coming off what was the highest close in months. the ndx is riding a four-day win streak some other stocks, tesla riding a significant win streak >> oh, and netflix you know it's like the old days >> well, when you say it's

♪ >>> good thursday morning, welcome to "squawk on the street," aisle carl quintanilla with david fabermike santoli at the new york stock exchange cramer 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 to debut here >>> plus shares of micron are rallying in the premarket. the chip maker delivered a bullish forecast but does warn the full impact of a china chip ban, well, that remains unknown. >>> disney got a downgrade at keybanc due to meaningful uncertainty around that media giant. we'll talk about that. nba rights, espn, you know, what else, carl >>> let's begin the big thursday for the ipo market thrift shop operate savers value village, kodiak, the three ipos combined failed to hit the $1 billion mark with savers being the only one to exceed its projected price range. don't miss our interviews with the ceos of savers and kodiak coming after the opening bell. some discussion this morni

i'm david faber with jim cramer live at post nine of the new york stock exchange.arl has the morning off we get started with another week of trading half hour from now, you can see an up open i never know what to do with these things >> that's why i'm here >> well, you're here for a lot of reasons >> including the fact that it's my job >> including the fact that you get paid to do it. let's get to our road map. it does start with a key week for stocks aren't they all? the nasdaq launching its largest win streak since 2019. the s&p has seen four weeks of gains. >> you didn't mention the nasdaq >> that's what i started with. you missed it. i just said the nasdaq what are you editing the road map? investors are hoping, jim, for a fed skip or pause, as you know >>> plus, jpmorgan settles it closes a chapter in that epstein class action lawsuit we'll go to eamon javers for that news. >>> and guess why meta ceo mark zuckerberg has some praise for elon musk? well, as you might imagine, it's all about efficiency give me a chance to use some of that interview, because you n

i can't wait to see this, frankly, my colleague david faber is in it and looks to me so far as a voiceale. >> just a quick little picture in the trail are. >> along with any number of our colleagues but the casting is great i mean seth rogen is - >> real casting. >> vincent and stevie. >> it's going to be -- i think it's worth watching. >> paul as roaring kitty it's great. >> look, we all remember that period, and it was, you know, i hope this movie is as vicious as they were. this was not -- this was not fun. this was let's destroy people in order to make money and it's one way to make money and i think that they felt - >> this is a comedy. >> comedy in the context that, you know, there was something that occurred that was supposed to be the beginning of a revolution it was the end of a revolution. >> yeah. >> didn't last long. >> no. >> by the way, quick programming note on that note, encore presentation of our documentary "making of the meme king" airs tonight at 6:00 p.m. eastern time before we let you go, jim, what's stop trading? >> i think this is a really interesting moment her

next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with david fabersara 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 pullback there position

faber relied on the surveillance pool, i know that some of the data there was obtained from a politicalate even after the president of the us directors of the bcru at briefings said that this headquarters is trying to unleash a scandal linking trump with russia duram. truth does not claim that the fbi knowingly carried out democrats' political orders to remove trump from the race for the presidency in his opinion, the bureau. it just violated some of the principles of its work. however, it is hard to believe in it, so that the president of the democrat. obama and the heads of the service will also be divorced , the democrats know very well where the wind blows from, accidentally ignored it or suddenly forgot the mind, but somehow the republicans do not grow together. such coincidences are not exactly believed. it all started with this investigation. prosecutor, duram explained to us how wrong it was, and now the former president, who wins over his opponents on all counts, the doj accuses him of criminal offenses, and in between these events, we had a mueller investigation impeaching a s

good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david fabert 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 to tell you, t

. ♪ >>> 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

i'm sara eisen with david faber. what a treat. >>> setting the agenda, an exclusive with the ceo of kroger the grocer finally seeing relief in the supply chain. we'll talk the consumer and inflation and the latest on its deal to buy albertsons. >>> investors ingest the hawkish pause from the fed why there may be more downside risk out there. >>> ian bremmer, his take on the global rules and regulations needed for ai and why it all may come down to china's relationship with the u.s. >>> first, let's give you a quick look at the markets. we are having a nice move with the dow leading. don't like to mention that typically but the s&p is up 0.50% and the nasdaq is still up some 30-plus percent this year is lagging but up 0.4% >> they're digesting the data. we got a lot of data digesting the fed meeting. of course, the ecb one place i look when it comes to how the market is interpreting some of these central banks is the dollar, of course, because it reflects not just the fed expectations but the european central bank, wh

i'm melissa lee along with david faber post 9 of the stock exchange setting the future of this rally. bank of america warns a collapse is ahead but paul hickey says, not so fast. >>> has the ipo window reopened? what cava's strong debut means for spacex and arm cleo capital sarah joins us. >>> chinese evs are making a big move into europe former ford ceo will weigh in. >>> let's give you a check on the markets. a mixed bag. nasdaq is down a bit but the s&p holding onto gains of course, we've had a very strong week overall for the broader markets. >> global stocks are on pace for their best week since march with the ishares etf up more than 3% but options and s&p rebalancing rattle what's been a worldwide bull market? bob pisani joins us with more. >> melissa, you and i have been doing had a long time. today is an expiration day this happens four times a year two events happen today. number one, this is what we call a triple witching day. what happens here is this is the quarterlily expiration of three things -- stock and index options and index futures. this used to be a very big deal

valuation is too rich and the self-driving technology isn't that big of a deal elon musk told david faber something different. take a listen. >> tesla is the only car company selling cars where we believe the car is capable of achieving full autonomy with a software update the value of a fully autonomous car is, we think, perhaps five times for valuable than an autonomous car. >> why >> the ability of a faster car is 10 hours a week it does look like it's going to happen this year. >> why >> we're now at the point where the car can drive on highways and in cities where a human dimension is extremely rare. so i mean, just -- i was able to drive for several days just dropping a navigation pin in random locations with no interventions and same in san francisco which is a difficult place to drive bus lanes, one-way streets, you know, quite a challenging homeless situation - >> you were driving recently in san francisco or the car was >> i have been there quite a lot because twitter is headquartered there. >> musk believes the value of at the is in the full self-driving and tech is closer than

connectivity and the generative ai >> let's go back to safety how do we know, and this is my league david faberchines themselves don't give the wrong information or tell too much about us who i thought was private? >> well, that's one of the reasons that we're keeping in the human in the loop. we published an article on ai et ethics you can see that in this very famous example that happened over the last few weeks who had chatgpt all these things, but it was hallucinating. hallucinating also means it lied it wasn't able to determine the truth from fabrication, because it's a computer. it's using these tokens. all the computer is doing, jim, it's importing all of this data, and then it's kind of tokenizing all the data, and it's putting it together well, if this is true and this is true and this is true, then the next thing true is this and it's not always right. that's just how it works. >> i'm an rbc wealth manager i have to make proposals i want to talk to someone who might want to expand their business there is a playbook. do i write it again and again or do cloud and it comes out? >> a grea

stuff, which is not, i think it was in the david faber interview last month, where he said that we might be able to have an a.i. moment that seems very elon musk to suggest that in the middle of, you know, a frenzy that we have in the stock market, so, to me -- again, like, some of the biggest bulls on this stock are selling it in april, too, so, you know, like, have at it, people >> guy, what do you make of 250 as a price target? >> reasonable. i see what he's doing here he's getting in line with where the stock is i've been dead wrong since i want to say 165, 170, but that's the way the stock -- that's what it does to people. but it's a margin story at its core, i think. understanding all the other things going around, and legacy automakers, i think margin 16%, tesla is probably sub 20, headed that way at a certain point, people will question valuation if margins continue to contract and i understand the bull case he also, adam jonas, his bear case is a $90 handle for this stock. >> bull case, 450, bear case, 90. >> >> hit the about that for second when the stock was 110, you couldn't

. >> you are right $8 that is a faber speedo thing he is an olympic swimmer he is lauallowed to have those. if i lumber around in one of those, i look like -- >> you can't unsee things. speaking of toothpaste >>> the supreme court is expected to issue the decision on cancelling $20,000 of student debt for millions of americans using an executive action during the covid pandemic >>> coming up, where to find the best returns in the second half of the year. opinions on that topic were split in the quarterly stock survey a quarter of responses were short-term treasurtreasuries a quarter said foreign markets we'll talk strategy next you are tcngsqwkoxonwahi "ua b" cnbc >> announcer: this cnbc program is sponsored by truist wealth. where meaningful relationships matter most. so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. the first time you connected your godaddy website and your store was also the first time

asking me to got a call from faber asking me io io— got a call from faber asking me io io a— got a call within a genial environment,- working within a genial environment, cultural environment, cultural environment, cultural environment, social environment, and environment, social environment, ani inai— environment, social environment, aniinaiwoaii— environment, social environment, and that would be— environment, social environment, and that would be contested by the and that would be contested by we wnai— and that would be contested by we wnai we— and that would be contested by the what we might call the few nai— the what we might call the few iai aooies— the what we might call the few iai aooies on— the what we might call the few bad apples or the,— the what we might call the few bad apples or the, you know, the you bad apples or the, you know, the woa know,— bad apples or the, you know, the you know, its— bad apples or the, you know, the you know, it's either a sick socieiw— you know, it's either a sick socieiw on— you know, it's either a sick society or it's— you know, it's either a

in the heart is so, um, just shelter in alberta's nces faber. terra can you hear your stress? are you there? mascara's yes. hi. good afternoon, everybody. um i think guerrera. i work in the coalition of homelessness. um i don't know. i don't really sad. i don't really anger. i don't know how i am this point. the way the mayor trying to using our money, the money, which is the families and the truth. i don't know. what else we need to do to stop in. the mayor. don't take don't robber. all money. this money is for the families and they shoot and this money is already decided and allocate for the purpose that we decide already together, so it's going to subsidies and going to subsidies for youth, and we cannot tolerate the mayor. to take this money. we want to fight. we want to continue to working together. we want to unite all communities and we want to come together again and again and again to stopping the measure to don't take it all money. enough is enough. thank you so much. i just just wanted to mention apologies that there is no translation, but the three of us, um do spe

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 want to thank jennifer faber in my office, who was the first time she was doing budget, but she just it's you know, she did it as if i were on the committee, which i really appreciated. and we kept track really closely and all of you colleagues, supervisor walton, for keeping us honest and keeping us on task and supervisor mandel and i thank you so much for putting in the long hours and doing all of the wonderful work. so thank you all. thank you, supervisor melgar. and with that, colleagues, i will have to make a motion to take the following action and to get us there and so the motion, of course i would need a second, but i'm going to read off the motion. the motions has three parts, and first is to amend the appropriation ordinance and salary ordinance, which is item one and two, to reflect the committee's final changes. as indicated in the summary entitled board of supervisors budget spending plan. second part to authorize the comptroller to make adjustments necessary to implement the committee's action to balance accounts and to update descriptive codes contained in the spending

♪ >>> good thursday morning, welcome to "squawk on the street," aisle carl quintanilla with david faberning 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

good friday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberber 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%

i'm carl consistent nia with jim cramer and david faber apple and coinbase at the top of the news flow bemo apple getting into the headset game, looking to bring mixed reality into the mainframe the sec's crypto crackdown, bitcoin dropping to its lowest

good thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberchange 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

. ♪ >>> 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

next ♪ >>> good monday morning, welcome to "squawk on the street," i'm carl quintanilla with david faberchange 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

good monday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberoff 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 thursday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberut 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

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

in the heart is so, um, just shelter in alberta's nces faber. terra can you hear your stress? are you there? mascara's yes. hi. good afternoon, everybody. um i think guerrera. i work in the coalition of homelessness. um i don't know. i don't really sad. i don't really anger. i don't know how i am this point. the way the mayor trying to using our money, the money, which is the families and the truth. i don't know. what else we need to do to stop in. the mayor. don't take don't robber. all money. this money is for the families and they shoot and this money is already decided and allocate for the purpose that we decide already together, so it's going to subsidies and going to subsidies for youth, and we cannot tolerate the mayor. to take this money. we want to fight. we want to continue to working together. we want to unite all communities and we want to come together again and again and again to stopping the measure to don't take it all money. enough is enough. thank you so much. i just just wanted to mention apologies that there is no translation, but the three of us, um do spe

saudi public investment fund, who is the chairman of the combined golf entity he is speaking to david faber on the day the announcement was made >> the idea is to keep everything, but strategically all aligned. the idea we have instead of competing, we will complement. to look for additional venues. that is where the pif innvestmet will kick in we will be creating or acquiring or doing new things to grow the game of golf >> to talk more about the golf issue is george pinyne. he will join us later in the show >> there is an element where when you come out publicly and say the reason we are doing the deal is effectively to end this competition. that is prima facia evidence on tape that is how it works >> i'm thinking who will be harmed competitively i think everyone will benefit. >> the players >> the players look at the guys that went all that will -- the pif is big. big. i think the journeymen will do better did you see -- >> how is it the pga puts out a press release sg. >> i have children i'm busy >> once all of the stakeholders understand and our board and some of our players don't under

wednesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faberred 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