Nvidia's Record High, Jensen Huang and the Trump-Xi Summit, Cisco CEO Exclusive 5/14/26

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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer drilled down on a rough morning for stocks — especially tech -- one day after the Nasdaq and S&P 500 hit record highs. Jim highlighted the names he believes you should buy on the dip. The anchors also discussed Presidents Trump and Xi wrapping up their U.S.-China summit, and what the results of the talks mean for companies including Nvidia and Boeing. Also in focus: Shares of Cerebras pull back one day after surging 68% in the AI chipmaker's public debut, Starbucks job cuts, Ford's 20% stock surge, the timing of SpaceX's IPO. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer sees a buying opportunity in this off-price retailer. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here:  cnbc.com/morningtake   CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla and Jim Cramer explored shares of Nvidia at a record high. In the midst of the U.S.-China summit, Nvidia CEO Jensen Huang told reporters in China that his company's meetings have been "excellent." A live report from Beijing on what the talks between Presidents Trump and Xi produced. Cisco shares soared on an AI-fueled quarterly beat and plans to cut thousands of jobs. Cisco CEO joined the show at Post 9 to discuss all of that and more. Also in focus: Cerebras launches the largest U.S. IPO of the year so far, what Treasury Secretary Bessent told CNBC about the Chinese "buying more U.S. energy," Ford's rally, Versant surges on a revenue beat, Cramer's take on Jerome Powell's legacy as Kevin Warsh gets ready to head the Fed.    Disclosure: Versant Media is the parent company of CNBC Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Another hot inflation print this morning - this time, PPI: Carl Quintanilla and Sara Eisen broke down the state of inflation top of the hour - and what it means for the markets, the Fed, and your wallet - before getting Evercore Vice Chairman Krishna Guha's take on the action. Plus: all eyes on China as the President touches down in Beijing for a face-to-face with Chinese President Xi Jinping... The latest from Beijing this hour - and what the former Chairman of Morgan Stanley's Asia business thinks could come next.    Elsewhere this hour: what a key resignation at the FDA means for an already underperforming healthcare sector... and why a federal pause of gas taxes might be hard to come by despite pain at the pump.    Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Sara Eisen and Michael Santoli led off the show with market reaction to another batch of hotter-than-expected inflation data: Month-on-month, April PPI nearly tripled economists' forecasts — one day after CPI showed a jump in consumer inflation due to high gas prices. A live report from Beijing after President Trump arrived in China for high stakes talks with President Xi. Shares of Nvidia rose after Jensen Huang joined fellow CEOs such as Elon Musk on the trip. Also in focus: Musk vs. Altman, chips coming off their worst day since late April, Nebius surges, SoftBank and Alibaba earnings, Amazon rolls out its AI shopping assistant, oil prices climb, Cerebras to price what's expected to become the biggest IPO of the year so far.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Consumer inflation coming in hotter-than-expected for April: Carl Quintanilla, David Faber, and Seema Mody broke down what it could mean for the broader rally with Michael Santoli - along with Bespoke Investment's Paul Hickey and Moody's Chief Economist Mark Zandi... While also debating whether dotcom bubble comparisons are valid. Plus: more on the latest software name getting hit post-results (Zoominfo), what it portends for an already battered software sector... along with details on the China side of big tech ahead of the President's face-to-face with Xi Jinping later this week.    Elsewhere this hour: a look at some extremely bullish action within the options market, details on Ebay's rejection of Gamestop's takeover offer, and other key movers in the early trade like Wendy's and Under Armour.        Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Cramer tells investors to be patient with corporate breakups like this materials giant. Become an Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks every day as they talk candidly about the market’s biggest headlines, analyst calls and holdings in the Charitable Trust – and see up close how they decide when, and if, to take action on stocks. Sign up here:  cnbc.com/morningtake   CNBC Investing Club Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Carl Quintanilla, Jim Cramer and David Faber discussed a lot of news for the markets to digest: April CPI surged to 3.8% year-on-year on the spike in gasoline prices. The S&P 500 and Nasdaq pulled back from record highs and crude oil prices jumped amid heightened tensions between the U.S. and Iran. President Trump is heading to China Tuesday night for high-stakes meetings with President Xi. Nvidia CEO Jensen Huang was not on the list of business leaders joining the president's delegation on the trip. Jim co-hosted the show from FedEx headquarters, where he will interview CEO Raj Subramaniam Tuesday night on "Mad Money." Also in focus: eBay turns down GameStop's $56 billion unsolicited takeover offer, a tough day for parabolic tech stocks.   Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.