EPISODE · Jul 23, 2026 · 43 MIN
9am Hour: Alphabet and Tesla Slide on AI Spending, Brent Hits $100/Barrel on U.S.-Iran Conflict 7/23/26
from Squawk on the Street · host CNBC
Carl Quintanilla and Jim Cramer led off the show with another day of oil prices rising in reaction to the U.S.-Iran conflict. Brent jumped above $100 per barrel for the first time since May, after Iran-backed Houthi rebels claimed that they attacked Saudi Arabian tankers on the Red Sea. President Trump responded with a warning to Iran and the Houthis on Truth Social. Alphabet and Tesla saw their shares take a hit — as the tech giants' respective plans for AI spending overshadowed quarterly results. Also in focus: Elon Musk on Tesla capex and SpaceX; What Nvidia CEO Jensen Huang told Axios about the future of capex; IBM lowers guidance; Airline stocks tumble on results hurt by rising fuel costs; Earnings movers from Comcast to ServiceNow. 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.
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9am Hour: Alphabet and Tesla Slide on AI Spending, Brent Hits $100/Barrel on U.S.-Iran Conflict 7/23/26
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