Riding the OpenAI Trade, Gold Hits $4,000, "The Year of Magical Investing" 10/7/25 episode artwork

EPISODE · Oct 7, 2025 · 42 MIN

Riding the OpenAI Trade, Gold Hits $4,000, "The Year of Magical Investing" 10/7/25

from Squawk on the Street · host CNBC

Carl Quintanilla and Jim Cramer delve into the OpenAI trade fueling the rally in tech stocks -- including AMD extending its gains after soaring Monday on its partnership with the maker of ChatGPT. Our team took some time testing out OpenAI's "Sora" app -- you'll want to see the results. Gold also in rally mode, surpassing $4,000 per ounce for the first time ever. Jim explains why we are in "the year of magical investing" -- and previews Tuesday's CNBC Investing Club Monthly Meeting featuring Nvidia CEO Jensen Huang. Also in focus: The buzz surrounding Tesla's product event, Intercontinental Exchange's strategic $2 billion investment in Polymarket.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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Riding the OpenAI Trade, Gold Hits $4,000, "The Year of Magical Investing" 10/7/25

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