SOTS 2nd Hour: 6/26/25

Cramer explains which stock is poised to benefit from Amazon’s data center spending. 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

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