EPISODE · Jun 10, 2026 · 42 MIN
9am Hour: Inflation Watch, Tech Extends June Swoon, Sen. Warren vs. SpaceX IPO 6/10/26
from Squawk on the Street · host CNBC
Carl Quintanilla and Jim Cramer led off the show with market reaction to May CPI: Consumer inflation jumped to highs not seen in three years. The anchors explored Nasdaq and the tech sector extending Tuesday's losses in connection with the AI trade. With SpaceX's historic public debut set for Friday, Sen. Elizabeth Warren (D-Massachusetts) wrote a letter to the SEC urging it to delay the company's IPO. Also in focus: Oil prices rise as the U.S.-Iran conflict escalates, Bill Gates' statement to reporters ahead of his Capitol Hill testimony on Jeffrey Epstein, freight stocks under pressure on Amazon news, Nvidia as a value play, bitcoin weakness, Morgan Stanley CEO Ted Pick on AI tailwinds, Jim's description of Nike stock on the heels of a downgrade. 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.
What this episode covers
Carl Quintanilla and Jim Cramer led off the show with market reaction to May CPI: Consumer inflation jumped to highs not seen in three years. The anchors explored Nasdaq and the tech sector extending Tuesday's losses in connection with the AI trade. With SpaceX's historic public debut set for Friday, Sen. Elizabeth Warren (D-Massachusetts) wrote a letter to the SEC urging it to delay the company's IPO. Also in focus: Oil prices rise as the U.S.-Iran conflict escalates, Bill Gates' statement to reporters ahead of his Capitol Hill testimony on Jeffrey Epstein, freight stocks under pressure on Amazon news, Nvidia as a value play, bitcoin weakness, Morgan Stanley CEO Ted Pick on AI tailwinds, Jim's description of Nike stock on the heels of a downgrade. Squawk on the Street Disclaimer
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9am Hour: Inflation Watch, Tech Extends June Swoon, Sen. Warren vs. SpaceX IPO 6/10/26
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