With the S&P 500 and Nasdaq in the midst of 3 day-losing streaks, Carl Quintanilla, Jim Cramer and David Faber discussed the markets digesting Tuesday's comments from Fed Chair Powell,
who suggested interest rates could remain higher for a longer period. The anchors also reactedto United Airlines shares surging after the company posted quarterly results. CEOs of
"Magnificent 7" companiesin the news: Apple's Tim Cook in Indonesia considering manufacturing in that country, Tesla urges shareholders to ratify Elon Musk's 2018 pay package, Nvidia's Jensen Huang
makes the "Time 100" list. Also in focus: President Biden calls for higher tariffs on Chinese steel, the stock dragging the chip sector lower, lap of luxury, Boeing's woes and the whistleblower, Paramount deal update.
Squawk on the Street Disclaimer
Cramer's Morning Take: Foot Locker 5/19/23
James Gorman to Step Down, Disney Ups the Ante, Foot Locker Shares Drop 5/19/23
Cramer's Morning Take: Proctor & Gamble, Palo Alto 5/18/23
Squawk on the Street 5/18/23
David Faber's Exclusive Interview With Elon Musk 5/17/23
Squawk on the Street+ Tesla CEO Elon Musk 5/16/23
Cramer's Morning Take: Home Depot 5/16/23
Countdown to David Faber's Elon Musk Interview, Home Depot's Sales Miss and Lowered Guidance 5/16/23
Cramer's Morning Take: Dead Ceiling Deadline 5/15/23
New Market Week, Musk Interview Announcement, Adobe CEO on AI, Merger Monday 5/15/23
Cramer's Morning Take: Debt Crisis 5/12/23
NBCU Ad Chief Departs, Is Expected to Succeed Musk as Twitter CEO 5/12/23
Cramer's Morning Take: Debt Ceiling Standoff 5/11/23
PacWest Tumbles on Deposit Losses, Disney "Streams" Lower, Inflation Watch 5/11/23
Cramer’s Morning Take: Inflation Breakdown 5/10/23
2-Year Low Inflation, Debt Showdown, Airbnb Tumbles, Exclusive With Endeavor CEO Ari Emanuel 5/10/23
Cramer's Morning Take: CPI Preview & Foot Locker 5/9/23
Debt Ceiling Talks and the Markets, Banking Turmoil and the Fed, Palantir's AI Surge 5/9/23
Cramer's Morning Take: Warren Buffett & Apple 5/8/23
New Market Week, Yellen's Debt Ceiling Warning, Buffett on Banking Crisis and Apple 5/8/23
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