9AM Hour: Nvidia Earnings Countdown, Jeff Bezos CNBC Exclusive, Retail Results and the Consumer 5/20/26

Squawk on the Street

CNBC

News, Investing, Business

4.0 • 566 Ratings

🗓️ 20 May 2026

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Carl Quintanilla, Jim Cramer and David Faber discussed what to expect from Nvidia's quarterly results due out after Wednesday's close of trading. The anchors reacted to highlights from Andrew Ross Sorkin's wide-ranging CNBC Exclusive interview with Jeff Bezos at Blue Origin Rocket Park. Retail and the consumer in focus: Target, Lowe's and TJX all posting better-than-expected quarterly results. See how one of the three companies saw its stock take a hit in reaction to earnings call comments. Also in focus: The 30-year yield hovering around 2007 highs, Intuit layoffs, software vs. chips, what Anthropic CEO Dario Amodei told Oprah Winfrey about the AI buildout race, Toll Brothers shares jump on the homebuilders' earnings. Squawk on the Street Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	Market Insight and Analysis. You're listening to the opening bell of CNBC, Squawk on the Street.
0:11.0	Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Cantonia with Jim Kramer, David
0:15.0	David Faber, host nine of the New York Stock Exchange. Bull is going to try to reclaim 7,400 at the open
0:19.9	as bonds catch a slight bid today.
0:22.5	Ten year 465. Some consumer companies raise guidance like TJX, Kava, and Toll. Having oil a bit
0:29.2	lower doesn't hurt. Brent below 109, although retail gasoline back to the May highs, average of
0:34.7	456 a gallon. A roadmap begins with the last Mag 7 set to report tonight.
0:39.7	That's Invidia. Investors gearing up with this massive earnings print after the bell.
0:44.5	Plus Jeff Bezos joining CNBC. It was a rare exclusive interview. They talked about everything.
0:49.6	That is Andrew Ross Sorkin and Mr. Bezos from the Wellfax to his outlook on AI, data centers
0:55.0	in space.
0:56.0	And we'll also have right here the latest round of retail results.
1:00.0	And what that may be saying about the consumer, we've got numbers this morning from Target,
1:04.0	TjX, and Lowe's.
1:06.0	I'll give you a guess as to which is the best performer in the early going here.
1:10.0	Let's begin with the markets looking to recoup some of yesterday's losses, the 30-year yield
1:14.8	hovering around those 2007 highs. Wall Street, of course, awaiting Nvidia's results after the
1:20.5	bell tonight, Jim. implied volatility is a lot larger tonight than it's been for the past couple
1:25.1	of years. Yeah, I'm not so sure how much to rely on that because the narrative, Colette Crestos,
1:31.3	that's in charge CFO, which is pretty fabulous.
1:34.2	The narrative will be set by Jensen, and I think what he has to do was say that the total
1:38.2	addressable market twice what people thought.
	...

Transcript will be available on the free plan in 10 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.