Squawk on the Street

Private jobs jumping more than expected in June: Sara Eisen, David Faber, and Wilfred Frost broke down the latest as the S&P and Nasdaq hit fresh record highs. Hear key takeaways from JPMorgan Asset Management’s Chief Global Strategist, plus Goldman Sachs Chief Economist Jan Hatzius – fresh off news earlier in the week that he’s moving up his expectations for the Fed’s first rate cut to September. Also in focus: a number of huge headlines out of D.C. – the team got the latest from D.C. as investors await final passage of President Trump’s “Big Beautiful Bill”, breaking down the key winners and losers when it comes to future tax breaks… And discussed the outlook for chip stocks, on the heels of the U.S. lifting some export curbs on China around design software earlier this morning.

David Faber and Jim Cramer wrapped up a holiday-shortened trading week with reaction to the stronger-than-expected June jobs report that propelled the S&P 500 and Nasdaq to new all-time highs. President Trump's "One Big Beautiful Bill" set up for a final passage vote in the House of Representatives. The anchors discussed what the legislation could mean for investors. Also in focus: Three stocks at the center of the U.S. decision to lift export restrictions on chip design software to China, OpenAI reportedly agrees to a $30 billion data center deal with Oracle. Squawk on the Street Disclaimer

Another day of jobs data and trade deals: Sara Eisen, David Faber, and Wilfred Frost broke down the latest as the President announces a new deal with Vietnam. Key details, this hour. Plus: Oppenheimer’s Chief Investment Strategist gave his take on the action – before the team caught up with Valueworks Founder Charles Lemonides, who discussed his investments in Rivian, Joby, Amazon, and Micron. Also in focus: a number of huge movers, from Centene shares on pace for their worst day *ever* to new numbers out of Constellation Brands… What investors should know about both names. Plus, the big banks playbook as the group sees gains across the board on the promise of dividend hikes and buyback boosts ahead.

David Faber and Jim Cramer drilled down on two big stories from the world of mega-tech: Microsoft announced it is laying off about 9,000 employees worldwide in its latest round of job cuts, while Tesla saw its shares rise on the company's Q2 deliveries report. Also in focus: Big banks boost dividends and announce stock buybacks, a negative surprise in the ADP jobs report, Centene shares plummet and drag health insurers lower after the company pulls its guidance, Jefferies upgrades Apple to "Hold," Paramount’s $16 million settlement with President Trump, OpenAI CEO Sam Altman vs. Meta's poaching, the group of tech stocks Cramer now calls "MNMs." Squawk on the Street Disclaimer

Cramer explains why this tech giant still has room to grow market share. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Fresh jobs data top of the hour: Sara Eisen, David Faber, and Wilfred Frost broke down the latest on the heels of new commentary around rates from Fed Chair Powell, before J.P. Morgan Asset Management’s Global Strategist joined the team at Post 9 with her bull and bear case for stocks. Plus: the latest from Washington as lawmakers continue to work on passing President Trump’s tax and spending bill – and the feud between the President and Elon Musk reignites over government spending and EV credits. One auto expert arguing: Tesla’s biggest risk isn’t Musk – but China (hear why this hour). Also in focus: a number of individual movers on the day, including Astrazeneca on reports of a possible re-listing here in the U.S. – the team discussed the news, and talked top healthcare picks with an analyst from Mizuho; More on the catalyst that could push Financials to fresh all-time highs after the bell; And a deep-dive on the data that’s driving big gains for shares of casinos with Macao exposure.

David Faber and Jim Cramer discussed several developments involving AI: Apple is reportedly considering using that technology from Anthropic or OpenAI to power Siri. Elon Musk's xAI raises $10 billion in its efforts to compete with the likes of OpenAI. The anchors reacted to what Amazon CEO Andy Jassy told Jim Monday night on "Mad Money" about AI being "transformative." Tesla shares down sharply on the resumption of the feud between Musk and President Trump surrounding "One Big Beautiful Bill." Also in focus: Fed Chair Powell remarks on tariffs and rate cuts at an ECB forum in Portugal, the big rise and steep fall of AMC Entertainment shares, second half playbook for the markets. Squawk on the Street Disclaimer

Another morning of record highs on the S&P and Nasdaq – Sara Eisen, David Faber, and Wilfred Frost broke down the latest for stocks ahead of a big week for data and fresh news on the tariffs front. Trivariate’s Adam Parker joined the team with his top picks – and why he’d bet on financials and health care here. Plus: Apollo’s Chief Economist Torsten Slok discussed his outlook into the 2nd half as he argues stagflation remains a worry here. Also in focus: the Senate in the middle of a marathon session to pass the President’s tax and spending megabill – NEC Director Kevin Hasset joined the team for a wide ranging interview spanning his key takeaways, the impact for energy, and recent comments around Fed Chair Powell’s replacement... And the team discussed clean energy’s biggest winners and losers as they move big on a potential new tax tied to China within the bill – and sooner-than-expected roll-back of credits for the industry. Plus: what the street’s saying about Circle’s massive post-debut rise… And the CEO of IMAX – breaking down Apple’s biggest box office debut *ever*: F1 the movie, along with how demand is holding up for the summer box office.

On the final trading day of June, the 2nd quarter and first half, David Faber and Jim Cramer discussed fresh record highs for the S&P 500 and Nasdaq -- helped by trade optimism. After a threat from President Trump, Canada decided to shelve its digital services tax in an effort to advance trade talks with the U.S. Hear Cramer's take on everything from tech's bull run to how investors should approach the weakness in Apple shares. Oracle shares surged after the company disclosed "multiple large cloud services agreements" in a regulatory filing. Also in focus: President Trump says he has a group of "very wealthy people" ready to buy TikTok, Meta reportedly hiring more OpenAI researchers, New York City mayoral candidate Zohran Mamdani says he doesn’t' think "we should have billionaires", Wall Street firms initiate coverage of Circle after its red-hot post-IPO stock performance. Squawk on the Street Disclaimer

Jim says this credit card giant is a buy. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

PCE rising in May as expected as the S&P and NASDAQ hit fresh record highs: Sara Eisen and David Faber broke down what the data means for equities, the consumer, and the broader economy with the Head of Citi’s U.S. Equity Strategy Drew Pettit. Plus: if you missed out on the rally… Is it too late to get in? Tech investor Dan Niles joined the team with the names he’d buy right now – and a warning that things could get rocky by Thanksgiving. Also in focus: Nike shares on pace for their best day in decades as they say recent sales declines are moderating… The key takeaways from results – and what execs are saying about China; Will Crypto play a role in the future of homeownership? The Trump Admin making a move in that direction, with details this hour; And a deep-dive with Tesla Board Member and Redwood Materials CEO JB Straubel – as Redwood makes a new big push at the intersection of EV’s and AI.

David Faber and Jim Cramer covered all of the bases on a historic day for the stock market: The S&P 500 and Nasdaq each set new all-time highs. Hear what Cramer had to say about skyrocketing stocks and how younger investors are approaching this market. The anchors reacted to Nike shares soaring on quarterly results and guidance, as CEO Elliott hill implements the company's turnaround plan. The Fed's preferred inflation gauge also in the spotlight -- Core PCE for May came in a bit hotter than expected. Squawk on the Street Disclaimer

Jim and Jeff discuss this chipmaker after results topped expectations. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

The second hour of CNBC’s "Squawk on the Street" with Carl Quintanilla and Sara Eisen is broadcast each weekday from the floor of the New York Stock Exchange, with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Squawk on the Street Disclaimer

David Faber and Jim Cramer discussed he AI boom helping to boost the tech rally. Nvidia hitting a new all-time and surpassing Microsoft to become the world's most valuable company. Micron CEO Sanjay Mehrotra joined the program exclusively to discuss the role AI played in the chipmaker's better-than-expected earnings and upbeat guidance. Also in focus: Microsoft and Meta go after OpenAl for different reasons, Tesla vs. Waymo on robotaxis, McCormick's spicy earnings, Q1 GDP shrinks more than expected, RFK Jr.'s vaccine panel backs Merck’s RSV shot for infants, Cramer's message on skyrocketing stocks and the "FOMO" trade. Squawk on the Street Disclaimer

Top of the hour: fresh comments from President Trump at 2025’s NATO summit – spanning Israel-Iran, Ukraine, and even Fed Chair Powell. David Faber and Sara Eisen broke down key takeaways and why he thinks Powell is a “very stupid person”, as the Fed Chair takes the hot seat for a 2nd day of questions with for his Semiannual Monetary report… Today before the Senate Banking Committee. Squawk on the Street Disclaimer

David Faber and Jim Cramer led off the show with President Trump attending the NATO Summit in The Hague, Netherlands. NATO allies have agreed to more than double their defense spending target to 5% of GDP by 2035. The anchors also delved into Nvidia and the AI trade as the Nasdaq 100 entered Wednesday's trading session at a record closing high. FedEx shares down sharply after current quarter guidance overshadowed a Q4 beat. Also in focus: Day 2 of Fed Chair Powell's Capitol Hill testimony, Netflix's record rally, CoreWeave and Circle parabolic surge, Andrew Cuomo concedes to Zohran Mamdani in the New York City Democratic mayoral primary. Squawk on the Street Disclaimer

Cramer says there’s still substantial upside to this energy stock. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer

Stocks in the green as Fed Chair Powell kicks off day 1 of his Semiannual Monetary Policy Report before the House Financial Services Committee: Carl Quintanilla, Sara Eisen, and David Faber broke down fresh consumer confidence data – and talked broader expectations with former Treasury Secretary Steven Mnuchin – ahead of Q&A before listening in.