S&P 500's Record Rally, Meta's $65B AI Investment Plan, Novo Nordisk's Obesity Drug Boost 1/24/25

Carl Quintanilla, Jim Cramer and David Faber discussed the S&P 500 hitting a fresh record high and where "Magnificent 7" stocks fit into the picture. The anchors also reacted to Mark Zuckerberg's plans for Meta to expand AI investment by spending up to $65 billion this year. Also in focus: Novo Nordisk surges on early trial results involving its experimental weight-loss drug, earnings from Dow components American Express and Verizon, LNG exporter Venture Global going public with the largest energy IPO in years, Tim Cook appears in a promo for the Apple TV+ show "Severance." 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.