SOTS 2nd Hour: Tesla in Reverse, More Software Slumps, & Raymond James CEO LIVE 4/23/26

Cramer says this chipmaker giant’s products will see strong demand for many years. 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.

Breaking news this hour:  The Department of Justice is dropping its criminal probe of Fed Chair Powell. Hear David Faber, Sara Eisen, and Michael Santoli break the story - along with more on what it means for Fed Chair Nominee Kevin Warsh, the markets, yields, and the dollar... with a star-studded cast of CNBC's best alongside former Fed Governor Randy Kroszner and Jefferies Chief Market Strategist David Zervos. Plus: Intel shares surging - and bringing the rest of tech along with it... Longtime tech investor Dan Niles gave his take on the move, and where to put money to work here.    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.

David Faber and Jim Cramer discussed what to make of Intel shares soaring and leading a big semiconductor sector rally on Wall Street. The chipmaker posted blowout quarterly results and issued upbeat guidance, driven by the AI boom. Hear what Intel CEO Lip-Bu Tan said on the company's earnings call about the road ahead -- and Elon Musk. Shares of AMD, Arm Holdings and Qualcomm also up double-digits during the session — and Taiwan Semiconductor hit a fresh all-time high on regulatory news. Also in focus: Procter & Gamble beats the street but faces headwinds due to the Middle East conflict, Oracle's AI debt, Meta and Nike Layoffs, Musk says Tesla Cybercab production is underway. 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 explains why he is optimistic about this industrial 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.

This hour: David Faber, Sara Eisen, and Michael Santoli kicked off the hour with the latest takeaways from earnings before diving into the market outlook with Piper Sandler's Chief Investment Strategist. Plus: how to trade Tesla as shares fall post-results with one analyst forecasting more pain to come... and a deep-dive on the health of the economy with the CEO of Raymond James, fresh off record numbers from their company.  Elsewhere this hour: exclusive results from CNBC's latest All-America Survey, exclusive comments from IBM's CEO, and more on software's  slump in the early trade... And don't miss a discussion on whether AI's future is open source with the CEO of Nvidia-backed AI company 'Reflection'.  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.

David Faber and Jim Cramer covered all of the bases on tech earnings: Tesla shares under pressure on comments from Elon Musk about capex plans and full self-driving, after the company posted mixed Q1 results. ServiceNow tumbled and IBM fell sharply despite both companies posting quarterly beats. Texas Instruments was a bright spot — rallying by double digits on upbeat results and guidance, fueled by strength in its industrials and data center businesses. Also in focus: SpaceX IPO watch, AI roundup, the slump in alternative asset manager stocks and the software sector, earnings winners and losers including results from American Express, Comcast and Blackstone.   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 suggests holding on to this financial stock despite an earnings miss. 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.

This hour: David Faber, Sara Eisen, and Michael Santoli discussed key takeaways from a deluge of earnings and data this week - before diving into aerospace results (Boeing & United) with one of the street's top analysts. Plus: Bespoke Investment's Paul Hickey joined the team with details on one key part of the market that's breaking out - and "serves as confirmation" of the broader rally...    Elsewhere this hour: a can't miss interview with Senator Elizabeth Warren - spanning inflation, Iran, Fed Chair nominee Kevin Warsh, and even a controversial endorsement.    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.

David Faber and Jim Cramer discussed stocks rising one day after President Trump announced he is extending the ceasefire with Iran. Boeing CEO Kelly Ortberg joined the program to discuss quarterly results that gave a boost to the company's stock. GE Vernova shares surged on its better-than-expected Q1 earnings and raised guidance driven by data center demand. Also in focus: SpaceX says it has an option to buy AI startup Cursor for $60B, Tesla earnings preview, AT&T falls despite Q1 beat, Apple CEO change follow-up, Best Buy picks a new CEO, the Avis saga.   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.

This hour: David Faber, Sara Eisen, and Michael Santoli broke down the state of play before diving into a fiery Senate confirmation hearing for Fed Chair nominee Kevin Warsh. Hear what Warsh had to say about Fed independence, scrutiny over undisclosed investments, and where he'd take policy.    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.