SOTS 2nd Hour: Blackstone COO, Ares CEO, & Morgan Stanley's Simkowitz 5/4/26

Iran war headlines sending stocks surging - and oil plunging... Carl Quintanilla, David Faber, and Sara Eisen broke down the morning's biggest moves, got the latest from Washington and talked top picks here with one longtime portfolio manager at Janus Henderson - before diving into the geopolitical outlook with the President Emeritus of the Council on Foreign Relations. Plus: Disney shares rising post-results... how to trade it - with an analyst who calls the stock a buy.  Elsewhere this hour: Ken Griffin striking back at NYC Mayor Mamdani after his viral tax proposal video featured the Citadel chief's name and penthouse apartment - what it means for New York; and a deep-dive on ServiceNow's newest AI partnership with Nvidia.  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 Club says this materials company will have a strong growth story through the decade. 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 focused on the S&P 500 and Nasdaq hitting record highs — and crude oil prices falling — on a published report that says the White House believes it's nearing an agreement with Iran on a memorandum of understanding to end the war. The AI trade: AMD CEO Lisa Su joined the program exclusively to discuss the chipmaker's quarterly beat and guidance that lifted the stock to a new all-time high. Also in focus: Nvidia-Corning AI partnership, Disney jumps on Q2 results, bookings guidance boosts Uber shares.  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.

Escalating tensions in the Strait of Hormuz moving yields and markets... Carl Quintanilla, David Faber, and Sara Eisen kicked off the hour with a contrarian take from investors at the Milken Global Conference - before the team got the latest out from Washington and more on how to navigate the tech trade with one of the street's best, following new numbers from Palantir. Plus: chip stocks in focus after a few key results and a report Apple's contemplating new suppliers... Hear the CEO of On Semi breakdown the demand picture, along with more on some huge moves in the options market.    Elsewhere this hour: a deep-dive with the current Commissioner of the FDA - as he pushes back on growing criticism tied to drug approvals.    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 says this tech giant’s stock will run for a long time after being dormant. 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 drilled down on tech propelling the Nasdaq to a new all-time high. The anchors discussed what Amazon CEO Andy Jassy told Jim Monday night on "Mad Money" about the company's Al capex strategy. Speaking of AI: Palantir shares pulled back despite a Q1 beat, record revenue growth and raised guidance. Hear what the company's CEO Alex Karp said on its earnings call about "AI slop." Also in focus: What Alphabet President Ruth Porat told David about AI risks during an on-stage session at the Milken Global Conference, Paramount slides on earnings, Shopify President Harley Finkelstein joined the program to discuss results and guidance that weighed on the stock.   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 says this tech giant is more confident than he’s ever heard them. 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.

Squawk on the Street's live from the Milken Global Conference with a star-studded lineup including Blackstone COO Jon Gray, Ares Management CEO Michael Arougheti, and Morgan Stanley Co-President Dan Simkowitz. Hear David Faber get their takes on AI, the IPO market, Iran war impacts and a whole lot more... plus: one longtime market veteran's playbook amid a volatile energy market and more on Palantir ahead of results.  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.

A coast-to-coast edition of "Squawk on the Street": Carl Quintanilla at the NYSE, Jim Cramer in Seattle ahead of his "Mad Money" interview with Amazon CEO Andy Jassy, and David Faber at the Milken Institute Global Conference in Beverly Hills -- where he interviewed Apollo Global Management President Jim Zelter about the state of private credit. The anchors discussed the record run for stocks, as well as a volatile Monday session for oil prices on conflicting reports related to the Iran war. Shares of eBay jumped after GameStop offered to buy the company for $56 billion in cash and stock. Also in focus: Amazon's supply chain services launch weighs on shares of FedEx and UPS, Spirit Airlines' demise, Warren Buffett on investors' "gambling mood." 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.

A huge week for markets - spanning earnings, a Fed decision, and stocks hitting fresh highs: Carl Quintanilla and Sara Eisen broke down where things stand after all the reports before discussing whether the rally has legs with longtime market veteran Jeremy Siegel. Plus: a deep-dive on Apple's new numbers with one of the street's top analysts... and more on the state of play when it comes to AI according to an anthropic and software investor.  Elsewhere this hour: the latest from Omaha ahead of Berkshire results this weekend... Along with the view from the C-Suite on clean energy with the CEO of First Solar, fresh off earnings.  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.