>> i think you share, you say it in your statement, optimism is what's pervading your news today? i think we're going to have hundreds of unicorns that will help the world in decarbonization. appreciate the help. whether that is remote working -- >> remote working. but no, i mean, it is like when you get the box, like we're getting a box. europe needs to decide on its own appropriate policy with china, and not just adopt everything that oust effectively bullies it into doing or wanting, the same way that my own country the uk has done too much of in my view. i think that's a muffled way of saying we're going to have fewer people working, so that's how you're going to reduce productivity, you will have fewer people per job i think one of the other reasons, getting back to productivity, carl, is i believe, if you look at the statistics, we lost productivity in the last three years. our job is to be working with clients. jpmorgan is up 7.5%. thus, when we see the results, it's definitely a pinch in terms of higher funding costs but the results are not going to be as extreme as feared. these straps are mind-blowing! i think that -- i have felt that schwab was fine, but you kknow - as david said, it's a minute-to-minute thing for some of these, but it's not for jpmorgan because the money heads to jpmorgan of blackrock >> we've got to get to a lot >> we don't have citi. even a term policy? when did we do that? "Squawk on the Street" Co-Anchor Carl Quintanilla is co-anchor of CNBC's " Squawk on the Street " (M-F, 9AM-12PM ET), which broadcasts from Post 9 at the New York Stock Exchange.. from software that delivers new cures at warp speed, to technology that makes clean energy reliable, up in the next hour. Live: Tue, April 18th, 11:00 AM ET. >> thanks, everyone. we're not back in the bear market that's no longer the case. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. i'm okay. "Power Lunch" Co-Anchor & Vice President, Events Strategy, CNBC Senior Climate and Real Estate Correspondent. i'm on a roll-ay. the question is, though, you know, from a blackrock perspective, we need a healthy banking system and we need a healthy capital market system, and that's what we need. >> there is a lot of streaming fatigue. you mentioned fragmentation, security, policy people are thinking differently about energy they're thinking differently about shoring and in a world of rises rates where this is all very expensive and we have to preserve margins does esg priorities change >> i think you're talking about the "e" part, energy side. Rebecca "Becky" Quick (born July 18, 1972) is an American television journalist/newscaster and co- anchorwoman of CNBC 's financial news shows Squawk Box and On the Money . welcome to another hour of "squawk on the street. larry fink larry -- >> jim. >> come full circle. i've seen bigger legs on a turkey! i don't know. >> not just producer price, jim, but now import prices down 4.6% in a year. Sara became a permanent co-anchor in May 2014.[4]. so, we're seeing a little pullback reflexive pullback, i would call it >> that's a good point >> there was nothing from tech that was reported. when you look at their deliveries they were ramping up towards somewhere in the 420 to 450 range this year. A Division of NBCUniversal. let's go. >> i don't think so. >> ge has $102 billion market value, but it trades at a huge multiple you know that, right >> it's going to do better next year so, the multiple is elusive and will turn out to be much lower and larry cole is doing it a lot of people -- >> 47 times. any questions? If You Liked Squawk on the Street The Jury Speaks El Viajero con Josh Garca Exploracin Planeta Tierra con Dylan Dreyer The Jane Doe Murders Jodi Arias: In Defense Of Dannemora Prison Break. David Faber (who also hosts and contributes to his "Faber Report" segments) originally reported from CNBC Global Headquarters, while Haines and Burnett were in the "Squawk Nest," or "Luxury Box" (as Haines called it) above the NYSE. Originally airing as a one-hour program, the show doubled its airtime to two hours on July 19, 2007 (due in part to Liz Claman's departure from the network). we mentioned earlier the cast of "the marvelous mrs. maisel" is here at the exchange. The opening hour of CNBCs Squawk on the Street with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds. The trading-floor studio set located in Post 9 at the NYSE, which debuted in 2012, is shared with Squawk Alley (later TechCheck) and Closing Bell. >> and so what we are seeing is, we're moving more and more supply chain here at what cost and i think this is, you know, much of this has to do with why i believe inflation is going to be higher. >> but there clearly was a surprise here? Contributors include Bob Pisani (NYSE), Bertha Coombs and Scott Wapner. anaheim? i'm not making a value judgment. but i still -- do i want to know what's going on with first republic i don't feel any better about first republic when i look at these numbers. >> no. if you base it on the idea that we're out of the woods, then you can raise. >> the issues we have to address. they discussed it with engineers and the faa. it's delicately balanced i would say. >> here's a quiz for you what did jamie dimon in the series bring adam newman >> i haven't gotten to that. but i increasingly just say, if you really feel that way, just go to larry cole, just go to ge. >> how are you, carl here's what's happening at this hour florida governor ron desantis quietly signs the heartbeat protection act into law overnight banning most abortions after six weeks in florida the legislation will not go into effect immediately, however, because the fate of a ban on abortions after 15 weeks passed last year is awaiting a ruling from the state supreme court protests continuing in france as the country's constitutional council votes, today on whether the government's controversial move to raise the retirement age without a parliamentary majority can stand. >> i'm looking at bnr fatigue, dave, with unh they did a beat and raise. you're still doing this? Watch the full episode online. they have a lot of a buildings >> and you know, scott yesterday from rxr, who's been a guest frequently and is one of the largest developers here in the new york area and around the country, says, "a" is okay that's my words, but that's basically what he's saying and we've seen it. this whole -- this is a moment, carl, where people look at the stock and say, oh, we're fine. make sure you join us next week. >> lot moronhee t banks and what to do with them boeing slumping this morning we'll talk about why after a we'll talk about why after a short break. we're a fiduciary. utilization rates from 78 last month to 79.6. so, this is good news. >> yeah. bummer. clients. An award-winning journalist and New York Times best-selling author, David Faber is a co-anchor of CNBC's "Squawk on the Street" (M-F, 9AM-12PM ET) and an anchor and co-producer of CNBC's acclaimed original documentaries and long-form programming. you know, he's -- he did mention watching credit tightening is certainly one of the key things, but even's watching. MondayMarch27. even a term policy. is that the proper size in can they perform in this atmosphere as we move towards the digitalization of currency how we change payments then the bigger, more existential issue, if, and i believe as we were talking about, i believe interest rates will be higher for longer. [1], Eisen worked for Bloomberg Television where she was initially a Bloomberg Radio host and subsequently the television co-anchor of Bloomberg Surveillance. and you're growing in california? the first time you connected your godaddy website and your store was also the first time you realized well, we can do anything. Language links are at the top of the page across from the title. it might be the most likely path of direction i can't see the fed rushing to ease because they wouldn't be happy if larry is right about that on inflation, obviously, and if the economy does rebound more than they're expecting, it would make them want to stick to at least where we are and open the idea of some modest timing, i don't dismiss. >> amazon has an interesting approach, because they're not really -- it's not central to the business model of the company. ah, these bills are crazy. nobody yet has the answer in terms of what the impact is going to be. >> that's how you know you're right. it remains to be seen what exactly companies are proposing to meet some of that criteria and, of course, which companies will ultimately secure that funding. >> the decoupling continues. alex! however, as try to point out to many people, first of all, if you look at the latest chinese inflation data of which we have some yesterday, their inflation -- extremely soft despite the fact that they're having a big cyclical rebound out of covid and then something else which i think i saw you guys reporting, on actually, which caught my eye, the idea of apple starting to produce more and more iphones in india instead of china and, you know, the idea -- i've never thought the idea of india being a major replacement for everything china did so cheaply should be taken too far, but there are plenty of places around the world that can try to offer the same kind of production value i'm not -- while big picture i get where larry is saying, but the dynamics are such that i don't see that given where we've come from as being an issue in the near future myself. the three bills are a trillion of stimulus over the next few years. all they're looking at is the stock's doing a little better. >> you use a great phrase here, this will further accelerate capital markets growth. >> it does feel like the time, everybody, buckle down and figure out the streaming world and set a template going forward. there's always -- there's always a conversation going on between the unions and the executives in hollywood. this is a much more qualifying than quantifying, with respect to we're not looking at a mathematical equation like we do with other metrics that measure inflation. - payroll is way too complicated for the average person. >> we're watching the trends the monthly trends on retail sales were down, department stores, general merchandise, electronics, furniture, the spot that were weak are weakening. This page is not available in other languages. >> of course. , washington this involving the semiconductor industry let's get to kayla with more for us >> the commerce department is set to announce more than 200 companies have registered interest in funding for new chips facilities according to a draft obtained by cnbc of the more than 200 statements of interest, more than 100 of those correspond to the construction of new commercial fabrication facilities for both leading edge and legacy fabs the other half represent interest from suppliers and research projects and the applications represent 35 states the draft report did not include names of companies or the sizing of the funding applications, but it does come after industry leaders raised questions early, on about some of the requirements to receive the funds, including the proposal to provide affordable child care. i'm hearing about those imminent issues you know, i know a lot less than some of these men and women in the intelligence committee, and, you know, it's disconcerting. that's the infrastructure bill, that's the chips act, and the irh. i would give an a-grade to today's results, but keep in mind that the banks that reported today are generally considered the highest quality in the industry, and while, let's say, jpmorgan was an a-plus and perhaps, you know, pnc was a b-plus, i think this is not necessarily the clearing event that market needs, as some of the midsized regional banks reporting next week. >> was it pink >> it was pink the maisel logo. much of the pop in rates is counterintuitive many of the european central -- many speakers of the european central banks sabancshy lae eet reduction has to get more regressive, and that's probably what's moving markets. >> all right >> i kind of like him. >> larry, there was a the distinctive loss of deposits, in four hours at svb. best performers on the s&p 500 that's, so far, for this week, of course, we still have today to go, but pioneer natural is benefitting from some of that takeover chatter around that enas phe energy as well rounded out by carmax. those are the epicenter, and we're not used to that because those have been such great markets for so long. that was interesting on the call >> i remember, when you look at the return on common equity and you look at the cet 1 ratios, david, there was a time when we were worried about every one of these things can i just state -- well, let me put my american hat on for a second are there any banks other than santander in the whole darn world that look anything like this >> if you want to compare u.s. banks to the european banking system, you're going to be very disappointed by the european banking system >> are we back to 1900 when jpmorgan was king and the other banks were vassals >> perhaps deutsche bank has a $2.5 trillion balance sheet and a $25 billion market cap correct me on those numbers, because they were just out of my head, but i think that's directionally right. boeing says the supplier informed it that a nonstandard manufacturing process was used on two fittings regarding the fuselage and the vertical stabilizer the jet maker did say this is not a flight safety issue, but spr, down 10 premarket >> look -- >> 14. ALL RIGHTS RESERVED. First Aired: April 18th, 2023. i don't have -- >> i don't have an opinion seems like a nice enough guy >> well, i wouldn't go that far. one on their pathway and decarbonization and another with the pension fund we're working closely with these companies because i think they're part of -- they're part of the future in decarbonization. Live: Mon, April 17th, 9:00 AM ET. Each of the reporters narrate pre-market news headlines in turn. you've seen the supply chain constraints easing across a lot of sectors, so that's been helping bring inflation down, but you've still got clear stickiness on some parts of the prices i think when you see the producer prices coming in as big negative numbers, and you see these negatives on retail sales, you don't want to overreact to short-run news, but it feels like that's moving in the right direction. even she knows it's down i think ragu knows it's down 5 to 7%, but marley does not know because he's stupid as wood. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This is very similar to the aforementioned "Rundown" segment, as explained above. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. >> i'm tell you that the. we have a couple big announcements with two energy companies. Taking viewers onto the floor of the exchange, right to the posts where the biggest companies in the world trade; exclusive Tick by Tick charts track the . Also in focus: Merck agrees to acquire Prometheus Biosciences for $10.8 billion in cash, Apples India expansion, Elon Musk'sSpaceX scrubs its inaugural test launch of "Starship" -- the worlds most powerful rocket.Squawk on the Street Disclaimer, Cramer's Morning Take: Big Bank Earnings 4/14/23, Jim Cramer discusses his interview with BlackRocks Larry Fink and breaks down Fridays big bank earnings. Taking viewers onto the floor of the exchange, right to the posts where the biggest companies in the world trade; exclusive Tick by Tick charts track the action of every trade of every stock; the treasury, currency and . right now, the problem that we witnessed over the last six weeks was, a duration mismatch for some, and an outflow of liquidity. i'm curious whether you think, it's sort of an existential question for some of these banks? >> we saw the beginning of that exposure or at least the -- with that cb, of course, but he seems to believe that as time goes on, you stay higher for longer, you do expose even more potential risks, and part of his statement is to say, let's deal with those kinds of things now before they become a problem >> we're stuck here. san francisco, seattle, they have problems. The anchors also reacted comments made by Google CEO Sundar Pichai about AI in a televised interview. Katz on Jan. 26, 2023 - 2:40 PM CNBC president KC Sullivan announced a. smarter and more sustainable. expecting a big recession in the u.s. we have to offset that we have three giant fiscal stimuluses that were created in the last two years starting to enter our economy. payroll. mateo, hey how's business? at the same time they're willing to have a conversation how can we better work together and i try to have some cooperation at the same with a lot of competition. >> the fed will notice it's about inflation expectations and they were worried about the banking sector and probably going to be watching the earnings and listening to these conference calls hopefully, right, jim, not just us and saying look, maybe the worst is over. >> thank you. From November 29, 2018 to February 17, 2023, Sara Eisen anchored Closing Bell, originally co-anchored along with Wilfred Frost until his departure from CNBC on February 16, 2022. and the pressure's all on me. uhhhhh the next generation 10g network. (vo) verizon. between boeing and united health care, both shaving 200 points off the dow together news for boeing around the 737 max. mmhmm. Real-time business and stock-market news broadcast from the New York Stock Exchange begins at the opening bell, and also features reports from the CME Group in Chicago as well as coverage of the closing bells in Europe. who wants their internet to work pretty much everywhere? [2] This replaced the first hour of Morning Call (later renamed The Call on August 8, 2007), which aired one hour later and had its airtime reduced in half. good friday morning. time will tell also, see a nice, positive revision to last month's industrial production from unchanged up 0.2% and, utilization rates from 78 last month to 79.6. so, this is good news. Word on the Street: A market pre-open segment in which Haines or Burnett (or both) talk to an analyst on the floor of the NYSE. >> he says on the call here that the svb collapse does not have to result in a "revamp of regulation." wells has san francisco and new york they're not concerned. Best of 2022 Top 250 Movies Most Popular Movies Top 250 TV Shows Most Popular TV Shows Most Popular Video Games Most Popular Music Videos Most Popular Podcasts. they had regulatory bodies i think the motor vehicles department was after them at one point. we got 20 names so far this season, 19 have beat, and that explains why we've come into this earnings season relatively hot compared to prior earnings cycles >> i've seen so many people sit right over there we have two empty chairs, so it's really interesting, and say, you know earnings are going to be down 5 to 7%, and i say, okay, so, what did you do that you knew that? how about you? >> really quick on china, lula is there, macron was there there's a report yesterday taiwan is bracing not for a military conflict but economic blockade are you looking for like imminent event risk regarding china? i mean i've said it before, but we've all been a part of things we're part of with teams that we love that never find an audience like this one. jpm blowing past estimates two other big dow component are on the move. i'm done unh. those who did not look -- they made a lot of money because they were paying very low short rates and earning the 3 and 3.8. now they're playing 5 plus percent ent and earning 3 and 3.8. that's the problem this is not a systemic problem this is not a problem that's going to impact. This one-minute segment debuted on the 2007-03-06 broadcast. we haven't talked really pnc or wells fargo or citi as much as we've talked jpm, which is the leader right now, up 5.5%. it's just not right to serve the 1942 i think you maybe serve the salza, maybe serve the -- david, i would never bring out the '42 that early >> no, i think you're right. >> they say they're "not terribly concerned about cre," for example. the only group actually atth's remaining positive in terms of sectors. my boss told me about prevagen and i started taking it. this won't do well at auction. we have larry fink >> i understand. >> in the series, the guy who played jamie dimon looked exactly like jamie dimon, but i do not believe that jamie dimon brought the 1942, which is $300 a bottle >> yeah. dow weighed down by boeing, the s&p up, getting a confidence boost by the big banks reporting some good numbers. ai-enabled threat detection and remote management protect your endpoints 24/7, giving your defenses some real teeth. Instant Analysis: A market pre-open segment in which Haines or Burnett (or both) talk to an analyst either via satellite or on set, similar to the "Word on the Street" segment mentioned above. because -- just because the regionals don't have good earnings the system is very, very strong. Apr 10. Copyright 2023 Apple Inc. All rights reserved. the question is, is that going to work now in the next ten years? trinet. wait we all knew and loved him? >> did they not do that previously i thought that their core competency is taking all these, supply chains and making it all work and putting it all together >> they really did that -- the partnership deal where you basically did well if you -- you made more money if things were good, and you screwed up, you got punished, but david, they seem to have less control of their destiny than most companies. 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