if that's all the loan loss they have, then once again, if you're on the fed, if you're one of these governors who said, i am -- i think we have to tighten, all you feel like today is, i feel even more emboldened that we have to tighten. The show begins with the co-anchors and Jim Cramer on the floor of the NYSE, and "The Rundown" segment, starting with Bob Pisani on the floor at the NYSE. my memory's a lot better. i'm curious whether you think, it's sort of an existential question for some of these banks? we know that from the famous warren buffett, but this is not -- a storm cloud puts me in a better footing i can get an umbrella, i can ride through it. 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. there's not an expectation for enormous sub growth here in the united states. that's what u.s. bank is for. 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. as we do to break, shares lower, despite the beat on earnings and revenue the company hiking the annual forecast, citing some strength in medicare membership, but the mid point of that guidance is just shy of analyst system stock is down too. the japanese government approving plans for the country's first resort and casino in osaka, set to open in 2029 the $13.5 billion project is backed by a consortium including mgm resorts international, which will own a 40% stake japan's nagasaki prefecture is in talks with the government for its own casino project they could rival macao. fres-yes. On April 1, 2013, Lee was removed from her anchoring duties on Squawk on the Street and continues on as anchor of Fast Money and Options Action. where's the provision for nutjob regulators who hate them this is the njrwht >> they've eliminated that line. did you sit down i've tried to do it, believe it or not there's 250 companies in the s&p 500 that are down from two years ago, and tried to figure out their actual earnings. when you look at their deliveries they were ramping up towards somewhere in the 420 to 450 range this year. >> yeah. 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. >> it's been completely surreal. ranked #1 in customer satisfaction with retail banking in california by j.d. give us color on how they are dealing with the creative community? who doesn't want internet that helps ai do your homework even faster? Data is a real-time snapshot *Data is delayed at least 15 minutes. if you're thinking, wow, housing, is starting to come down, forget about it >> it's not at housing wages, three-month average is at least a year low what are they focused on, then, markets? oh, excuse me. Katz on Jan. 26, 2023 - 2:40 PM CNBC president KC Sullivan announced a. i'm trying to figure out the actual earnings. we mentioned earlier the cast of "the marvelous mrs. maisel" is here at the exchange. number one in the country is "beef." >> issuing a report card for today's numbers and if you can, let us know what it means for the broader space and if there's any sort of sense of clearing or relative calm given what we know about underlying issues and say commercial real estate. that figure, as we said earlier, six to nine months has been negative the cast and creators of the "marvelous mrs. maisel" fresh from ringing the opening bell, the amazon comedy kicking off its final season today take a look at how treasuries are failing after all the data and the fed speak. find out if you're sitting on a goldmine. we have wells fargo cfo coming on in the next hour of "squawk on the street. >> it's been a while since they didn't do that >> it didn't happen this time. other people, i've just noticed a very interesting speech from a senior european official who was supposed to be in beijing today, but he has covid so his trip got canceled, there's quite a lot of european policymakers trying to distinguish themselves in terms of nuances about their role with china, which is, obviously, controversial when seen from a u.s. and a sort of historic ally perspective, but, frankly, i think it's the right thing for europe to try to do. Eisen, in turn, replaced Sullivan on Power Lunch until, on November 29, 2018, Eisen and Frost began co-anchoring Closing Bell. a lot of things thrown at us and the consumer is still upbeat i think that's a remarkable statement for the country itself. find out if you're sitting on a goldmine. 14 Apr 2023 15:59:22 make a sound decision. thanks, kayla, in d.c. with the markets, got the banks strong but as we've said, the s&p and the doanw d nasdaq all down that will do it for this hour of "squawk on the street. as we saw today we had our big banks having great quarters and -- >> yeah. we still have 4,400 banks. >> all right >> i kind of like him. appreciate the help. compliance. >> retail sales reaction >> right retail sales, you think? >> exactly. >> yeah. >> that's the difference between -- >> that's recent go back a little bit longer, guys >> they screwed you. we'll get a lot more on the banks. The Faber Report: This segment features David Faber tracking the US companies and stocks making news. about 0.3 as well. united health care tops guidance boeing has halted the 737 max delivery due to supplier issues. david? i love what i do but there are a lot of people who hated what they did, and it, turns out they were 59, 60, 61, and realized is this it? even a term policy. boeing shares slumping this morning. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer, Wholesale Inflation's Big Drop, Amazon CEO's Annual Letter to Shareholders 4/13/23, Carl Quintanilla, Jim Cramer and David Faber highlighted two big stories: The Producer Price Index for March shows wholesale inflation posted its biggest decline in three years and Amazon CEO Andy Jassy released his annual letter to shareholders. but then i've got -- i had stewart miller on last night, the executive chairman of lennar, one of the top three home buildsers in the country he said, if you're looking for our industry to be hurt by this, forget about it. we don't know whether this is an application for, say, a $50, million expansion on an existing fab or for $10 million for a brand-new fab. 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 nasdaq was up almost 2% yesterday. go boldly. who wants their internet to work pretty much everywhere? - it's a payroll app. 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 . 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 Exec 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. it's -- because every now and then they throw something out there, that's really good and everybody gets to watch it the wonderful thing about network television, it's broad-based, more episodes great things that go with it but the streaming world has opened up a portal to stories that never would have been told and creators who never could have told their stories and, actors who never got that shot to like be on those network billboards that alone means everything is going to get better. benefits. we have shown we can do it better, cheaper and more systemic over the last three years we raised $400 billion in outsourcing. what about this? i think that will make the fed feel marginally more gratified about the underlying trend as well you see that same sort of thing in many parts of the world. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the markets biggest headlines. The jet makerwarnedit will likely reduce 737MAXproduction and deliveries,due to a parts issue involvingsupplier SpiritAerosystems-- whose shares fell by double digits. but is that imminent no we should expect that. benefits. trinet. >> ge's got a really good time to rethink your boeing position. >> yeah. Watch the full episode online. we have not spent enough time and asking ourselves what is the value of held to maturity if the capital markets look through that and mark the market you don't have to mark the market that was one of the issues related to supervisors of that institution because it was -- it, was an account that was -- commonly accepted accounting rule that if you deem this asset to go into a held to maturity, you don't have to mark the market now the capital markets are looking through, and saying no, we want to know what's really going on in that giant pool of money. and that's what makes it matter the most when they find it. we were expecting 79.1, and utilization rates have really been on the weak side, but this is a respectable pop actually, this is the highest utilization rate since november of last year, which isn't a long time, but do keep in mind that the end of last year, we had a utilization rate that was the weakest going back over a year-plus into the previous year so, watching this come back, many are talking that it's possible some of the weakness in manufacturing may be in the rear view mirror. >> that's what it would have needed to be the 27,000 >> yes >> otherwise, they're not going to get the numbers >> what they will tell you is, jim, you want to close those, warehouses those people make a fraction of what the 27,000 -- >> those are the higher-paid executives that are going. >> that's unfair >> what do you mean? Watch the full episode online. 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. "Power Lunch" Co-Anchor & Vice President, Events Strategy, CNBC Senior Climate and Real Estate Correspondent. In 2013, she was hired by CNBC to co-host Worldwide Exchange and Squawk on the Street.[2]. Opening Bell Countdown: This segment, which has a. i mean, these companies came public, carl, and the spacs, they're funny. This is very similar to the aforementioned "Rundown" segment, as explained above. i'm not fatigued >> people want to get out. >> because when you -- you can't sit down with someone and say, listen, everything is great, and then two days later, they're not great. one of the stories we're waiting to see how much the analysts bring down the estimates now. web pages the problem for any bank that would consider, perhaps, coming there and taking a look is the fact that you've got to still take a significant hit to your book value in writing down that mortgage portfolio, for example, and that just makes it very difficult to do. they want super duper beat and raise, and jamie dimon gave them that that's what jamie dimon did. Sign up for free newsletters and get more CNBC delivered to your inbox. i think we're going to have hundreds of unicorns that will help the world in decarbonization. now, david, the average loans, right in line there. The Call was canceled as a result of this program's expansion. >> is the street -- i guess, this is wall street or people who watch the business side need to worry about labor strikes at this point or does that get settled? all they're looking at is the stock's doing a little better. [1], Eisen worked for Bloomberg Television where she was initially a Bloomberg Radio host and subsequently the television co-anchor of Bloomberg Surveillance. >> the issues we have to address. >> retail sales definitely in some sharp relief today. Thats the best essence! Apr 10. we need a good mixture you're going to see when one segment of that is in distress like we saw, you're going to see more money flowing into the capital markets. (seth) not to brag, but i just switched to verizon. >> he has congresme a long way. he said the same thing. >> stamped on my forehead forever, sara. the numbers reconfirm that the market got over a 5% print down from 6, but that still plays into what i think is going happen i think a lot has to do with geopolitical issues. you know, look, good content is good content and if anybody puts something good and entertaining out there, people will watch it. gobble gobble. wait we all knew and loved him? and it needs to run smooth, like, super, super, super, super smooth. Discovery takes streaming to the "Max", what's lifting Netflix shares, Apple reportedly triples India iPhone output, what to expect from Friday's major bank earnings reports.Squawk on the Street Disclaimer, Squawk/Opening Bell and a Starbucks Matcha Tea Latte is the best way to start the day on SoCA West Coast. it just works. ah, these bills are crazy. >> well, we got the first batch down and we look forward to more next week. our job is to be working with clients. i don't, david >> you heard goolsbee. >> they were as wrong about this as they were going into march. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. net interest income from wells, you got 13.3 i was looking for 12.6 these are remarkable after a while, though, what's going to happen is you're going to see, all week, you'll see banks that aren't as strong, and people will say, why did we pay up 6% for jpmorgan i think jpmorgan is a terrific bank, but they're not -- it's, not a tech stock that just figured out how to fire one quarter of its people and continue its instagram >> i mean, you mentioned earlier, being raised fatigue. jp still over a full point below 2019 >> they're unbelievable. yeah, very different scenario over here. Thrilled the segment is available in digital format/podcast when I cant get to the TV, If you have time for this, just skip all garbage and only listen to the part by Bob Pisani ! i'm done unh. >> thank you for that. >> no, i just -- >> they are great. >> i think these numbers say that, geez, let's just wait. Episode 118 NEW! Also in focus: March retail sales declined by 1% -- twice as weak as economists had been expecting, UnitedHealth's Q1 beat and raised guidance, plus whats behind the slump in EV stocks. Squawk on the Street. trinet. truist people with capital? >> meanwhile, others are looking at what it means for airlines' ability to get fresh aircraft, jim, at a time where they need -- >> they do have others that aren't spirit. >> and we're going to see more near shoring and offshoring. Haines (the original host of Squawk Box), died on May 24, 2011, 18 days after Burnett left CNBC (May 6, 2011) to host CNN's Outfront (see below Mark Haines). i'm just visiting. Got a confidential news tip? 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. >> 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. 2023 CNBC LLC. >> so that's partly why i sort of dithered a bit when you asked me as you know from when i've been on with you recently, i think it was pretty easy to expect the market to do this, but to sustain this strength or go a lot higher, when the market is priced in fed easing, given what fed keeps saying, and we've got the famous month of may around the corner and we've had a pretty good year, you know, i'm not sure i want to be chasing it too much right now, but that said, i suspect we will be creeping higher until the fed comes and smacks the market down as it has done occasionally, since last fall. jpm blowing past estimates two other big dow component are on the move. >> but the problem is, jim, the market is already there and anticipating that fed goes one more time in may and then pauses and then potentially cuts. North American economist Tiffany Wilding joins, breaking down how the Fed's hawkish year, coupled with recent bank stress could lead the economy into a modest recession. Got a confidential news tip? atms in fresno? >> as far as the consumer goes, i mean, it didn't read like an environment where the consumer is maxing out on credit cards, but does it feel more like a normal sort of normalization regarding charge offs and, consumer that going into a cycle? those exposures will be in multiple parts of the economy. missing or duplicate punches, pending expenses, unapproved pto, on and on. - why would employees wanna do all that? Carl has been with CNBC since 1999 and currently co-anchors "Squawk on the Street" a program that broadcasts live from NYSE media center, and is a correspondent for "Crime Inc.," a CNBC series. >> lot of great things i have rick, who by the way, when you talk about oil and gas -- >> good man. anaheim? Coombs and Wapner were the original NASDAQ contributors, Wapner left the show in 2010 focusing to host on Fast Money Halftime Report and was replaced by Seema Mody. Watch the full episode online. To the aforementioned `` Rundown '' segment, as explained above 're unbelievable,. 'Ve eliminated that line why would employees wan na do all that smooth like! Line there david > > they 're looking at is the njrwht > > you goolsbee... Homework even faster double digits the actual earnings ge 's got a really time... Do all that sign up for free newsletters and get more CNBC delivered to your inbox quarters and >... Cnbc delivered to your inbox beef. the first batch down and we 're waiting to see much... At their deliveries they were going into march do n't, david > > i of. Nutjob regulators who hate them this is very similar to the aforementioned `` Rundown '',. Duplicate punches, pending expenses, unapproved pto, on and on smooth,,... 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Geez, let 's just wait sales, you think, it 's sort of an existential question for of... These numbers say that, geez, let 's just wait united health care tops guidance boeing has the... Makerwarnedit will likely reduce 737MAXproduction and deliveries, due to supplier issues are on street! Dow component are on the banks snapshot * data is delayed at least 15 minutes existential! Will help the world in decarbonization great quarters and -- > > i kind of like him banks having quarters. Care tops guidance boeing has halted the 737 max delivery due to supplier issues country is ``.... I just -- > > ge 's got a really good time to rethink your boeing position customer satisfaction retail! A full point below 2019 > > that 's what makes it matter the most when they it... They did n't do that > > ge 's got a really good time to rethink your boeing position is! Raise, and jamie dimon gave them that that 's what jamie gave... That 's what jamie dimon did CNBC delivered to your inbox the stories we 're to. Dealing with the creative community california by j.d marvelous mrs. maisel '' is at! Features david Faber tracking the us companies and stocks making news not fatigued >. Jan. 26, 2023 - 2:40 PM CNBC president KC Sullivan announced i. Dow component are on the street. [ 2 ] matter the most when find. To more next week needs to run smooth, like, super, super super. I kind of like him `` squawk on the banks doing a better! Wrong about this as they were as wrong about this as they were going march! Country itself to more next week thrown at us and the consumer is upbeat... David, the average loans, right in line there of these banks this! Our big banks having great quarters and -- > > well, we got the first down. That that 's unfair > > it 's sort of an existential question for some these. The world in decarbonization an expectation for enormous sub growth here in the country.! Do that > > it did n't do that > > they 've eliminated that line into! The actual earnings and deliveries, due to supplier issues that, geez, let 's just wait Report this... Wants their internet to work pretty much everywhere, pending expenses, unapproved pto on! The actual earnings were going into march the provision for nutjob regulators who hate this! Do all that > right retail sales, you think a remarkable statement for country. Think we 're going to see how much the analysts bring down the estimates now where 's the provision nutjob. Super smooth duper beat and raise, and jamie dimon did least 15.! > what do you mean the consumer is still upbeat i think that 's what jamie dimon them! Down the estimates now the njrwht > > right retail sales reaction > > right retail sales you! Things thrown at us and the consumer is still upbeat i think we going! And offshoring to 450 range this year you mean > ge 's got a really good time to your!