The "Force" Is With the AI Trade, U.S.-China Rare Earth Dispute, ChatGPT Erotica Backlash 10/16/25

Sara Eisen and David Faber began the hour with a fresh read on jobs using some alternative sources - before checking in on the tech trade with longtime investor Dan Niles, who says stocks will melt-up into Thanksgiving despite concerns over the AI trade. A key focus today? The health of the regional banks - as concerns rise around bad loans... Hear from one CEO in the group who says concerns are far overblown here, along with Evercore Vice Chairman Krishna Guha's take on the volatility. Also in focus: exclusive data from CNBC's All-America survey showing some concerning sentiment about the jobs market... Where things stand in Washington - and why the stoppage could last a lot longer... And a $300 trillion dollar mistake that's hitting crypto markets.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

David Faber, Sara Eisen and Michael Santoli led off the show with what's next for regional banks one day after credit concerns sparked a sell-off in that group. Breaking news from Sara: Apple announced a five-year deal for U.S. streaming rights to Formula 1 races. Shares of Novo Nordisk and Eli Lilly down sharply on President Trump's push to lower prices of Novo's blockbuster weight-loss drug Ozempic. Also in focus: Market reaction to Trump's comments on China tariffs, American Express' earnings beat, what Oracle's new CEOs told David, gold rally takes a breather, CoreWeave-Core Scientific deal latest.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 to stick with this stock that has ‘real value.’ 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 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 David Faber kicked off the hour with the view from the C-suite when it comes to the consumer and broader economy along with the latest from Washington - before getting into key trades with J.P. Morgan Global Market Strategist Meera Pandit. Plus: earnings season beginning to heat up... Hear the CEO of BNY Melon breakdown their results and the broader M&A environment, while former United Airlines Chairman & CEO gave his take on the airline's strong guidance - despite looming government shutdown risks to aviation.  Also in focus: a cohort of governors spanning 15 blue U.S. states and territories forming a new public health alliance to counter moves from the Trump Administration - and one of them joined the team to explain why (Colorado's Jared Polis).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, Jim Cramer and David led off the show with more upward momentum for the AI trade: Salesforce shares up sharply after the company said it expects revenue of more than $60 billion in 2030. Taiwan Semiconductor's quarterly beat and guidance added to positive market sentiment. Rare earth stocks extended their parabolic rise amid the U.S.-China dispute over Beijing's export controls. The anchors react to OpenAI CEO Sam Altman's response to the backlash surrounding his decision to have ChatGPT allow erotic chats. Also in focus: The comments Starbucks CEO Brian Niccol made to Cramer that sent the stock higher, Fed Governor Waller's latest message on everything from rate cuts and inflation to a softer labor market.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 it's time to buy these retail stocks. 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 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Big banks driving market moves this morning: Carl Quintanilla, Leslie Picker, and David Faber kicked off the morning with a breakdown of key takeaways from new numbers out of Morgan Stanley and Bank of America before drilling down into individual picks with Trivariate's Adam Parker - and later getting the view from the C-suite when it comes to the consumer, credit, M&A and more with first Citizens Financial's CEO (calling out a "positive macro" on the call) and later Bank of America CEO Brian Moynihan.  Plus: what investors need to know from CNBC's "Invest in America" forum - including the Treasury Secretary's newest comments about the trade war with China, and how CEOs are gauging potential regulation ahead.  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, Jim Cramer and David Faber discussed the market rally on a day in which September CPI was scheduled to be released. The report has been postponed until October 24 due to the government shutdown. Shares of Bank of America and Morgan Stanley jumped on better-than-expected quarterly results. The anchors reacted to Treasury Secretary Scott Bessent's harsh criticism of China at the CNBC Invest in America Forum. Sara Eisen interviewed Fed Governor Stephen Miran at that event, discussing his push for further rate cuts. On the AI Front: A consortium including Blackrock, Nvidia, Microsoft and xAI agreed to buy a data center company for about $40 billion. Hear what Salesforce CEO Marc Benioff told Jim at Dreamforce Tuesday about AI and the speed of innovation. 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.

U.S. markets under pressure as China strikes back with new sanctions: Carl Quintanilla, David Faber, and Sara Eisen - who's live from DC this hour - discussed the latest reads on the economy through the lens of new small business data and key bank earnings commentary before discussing how to play results from the group with one of the street's top analysts. Plus: European Central Bank President Christine Lagarde joined Sara for a deep dive.... spanning trade tensions to the global growth outlook, before the team also checked in on New York City's economy with one of the city's largest commercial real estate operators and owners (RXR's Scott Rechler).  Also in focus: ETSY moving from the NASDAQ to the NYSE and ringing the opening bell today - their CEO joined the team at Post 9 to talk that news, along with how they're using AI to transform the business.  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 stock markets down sharply after Monday's rebound rally — as trade tensions between the U.S. and China re-escalate. The anchors also delved into big banks kicking off earnings season, including quarterly results from JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup. BlackRock Chairman & CEO Larry Fink joined the show at Post 9 to talk about earnings as well as the investment landscape both globally and in the U.S. Also in focus: The latest on OpenAI, hear what Oracle's new CEOs and Broadcom CEO Hock Tan had to say about AI, Johnson & Johnson's upbeat quarterly results and outlook. 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.