Ray Dalio's Debt Warning, Sen. Warren Slams the Fed and Wells Fargo, Trump Tax Bill Scrutiny 6/4/25
Carl Quintanilla and Sara Eisen discussed weaker-than-expected May jobs data from ADP. Oppenheimer Chief Investment Strategist John Stoltzfus joined the program to discuss his market perspective. He also reacted to Congressional Budget Office analysis which shows President Trump’s tax and spending bill would add $2.4 trillion to the national debt. Bridgewater Associates founder and legendary investorRay Dalio discussed how failing to rein in debt would result in dire consequences for the U.S. economy. Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) appeared on the show and slammed Wells Fargo’s 7-year, $2 trillion asset cap being lifted by the Fed – saying Wells should “stop breaking the law.” Warren also reacted to Elon Musk’s criticism of Trump’s “big, beautiful bill.” Squawk on the Street Disclaimer
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45:57
Wells Fargo CEO Exclusive, Trump on Xi and Powell, Weak ADP Jobs Report 6/4/25
Carl Quintanilla and Jim Cramer spoke exclusively with Wells Fargo CEO Charlie Scharf after the Federal Reserve lifted its 7-year, $2 trillion asset cap on the bank. Scharf also reacted to a statement from Senator Elizabeth Warren (D-MA) critical of the Fed's move.The anchors also discussed trade tensions, along with a pair of President Trump's social media posts: One said China's President Xi is "EXTERMELY HARD TO DEAL WITH!!," the other called for "too late" Fed Chair Powell to cut rates in reaction to the worst monthly ADP jobs report in two years. Squawk on the Street Disclaimer
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48:27
Cramer's Morning Take: Apple 6/3/25
Cramer says this tech giant’s negativity will be neutralized. 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
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3:13
Recession Odds Latest, Jefferies’ Volatility Playbook, and Applied Digital CEO Talks AI Demand 6/3/25
Carl Quintanilla and Sara Eisen broke down the latest for stocks as UBS raises its recession odds – the OECD cuts growth estimates for the United States – and Chicago Fed President Goolsbee warns inflation could head higher from here. Jefferies David Zervos with the team to breakdown the market impact of it all – and why he says “the needle is moving” towards the bulls… That said, Goldman’s Head of Corporate Credit Jonny Fine warning: keep an eye on the deficit if you’re a long-term investor. Hear his read from the ground, this hour. Also in focus: Constellation Energy a top gainer this morning after inking a new deal to power Meta’s AI projects… The key details. Plus: the team caught up with the CEO of a different name, but similar story - Applied Digital’s CEO, fresh off a $15B deal with Coreweave to host their AI datacenters. Squawk on the Street Disclaimer
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44:04
Trade Tensions Effect, Meta's AI Power Play, Retail Earnings Rally 6/3/25
Carl Quintanilla and Jim Cramer explored market reaction to new developments surrounding trade tensions. AI also in the spotlight:Morgan Stanley analyst Adam Jonas' new note, Meta's 20-year deal to buy nuclear power from Constellation Energy,OpenAI CEO Sam Altman's AI prediction for 2026. Also in focus: Good news and bad news in Ford's May auto sales numbers,Dollar General and Signet Jewelers surge on earnings, CoreWeave triples since its March IPO, Cramer calls out the meme stocks. Squawk on the Street Disclaimer
CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.
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