AI Trade in the Spotlight as Wall Street Awaits Nvidia Earnings 2/25/26

Squawk on the Street

CNBC

News, Investing, Business

4.0 • 566 Ratings

🗓️ 25 February 2026

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Quintanilla, Jim Cramer and David Faber covered all of the bases on the AI trade: A preview of Nvidia's much-anticipated earnings due out after Wednesday's close of trading, President Trump's State of the Union message to big tech about data centers and power plants, what Anthropic CEO Dario Amodei said on a podcast about AI risks. Also in focus: The ball in Netflix's court after Paramount's sweetened offer to acquire Warner Bros. Discovery, billionaire investor David Tepper sends a scathing letter to Whirlpool, Workday shares extend their decline, Oracle gets upgraded, Cava soars while drinks giant Diageo tumbles, Lowe's falls as "uncertainty" overshadows an earnings beat. Squawk on the Street Disclaimer

Transcript

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0:00.0	It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.
0:04.7	Don't miss a minute of the action.
0:13.4	Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintanillo with Jim Kramer,
0:17.1	David Faber, Post 9 of the New York Stock Exchange. Future's steady coming off the best day for stocks in about three weeks.
0:22.6	Trinity to work with today, State of the Union reaction, several companies with weak guidance
0:27.6	like Lowe's, Workday, Diageo, Lucid, HP, Nvidia and Salesforce are tonight.
0:32.6	A roadmap begins with a crucial moment for the AI trade as
0:35.6	NVIDIA does get ready to report,
0:37.9	and the president says big tech will have to pay for its own power needs.
0:42.0	Meanwhile, Anthropic CEO raising concerns about what he calls the overnight and accidental
0:47.2	concentration of power in the AI industry.
0:50.9	And Warner Brothers, oh, it opens the door wide now for Paramount, which made its latest offer and is likely to lead to a superior one for that company.
1:00.3	We'll have more on that in a moment.
1:02.1	Let's begin with AI this morning in a state of the union that some argue is relatively light on policy.
1:07.1	The president did highlight a message he delivered to tech companies about data centers.
1:11.6	Take a listen.
1:12.6	We're telling the major tech companies that they have the obligation to provide for their own power needs.
1:18.6	They can build their own power plants as part of their factory so that no one's prices will go up,
1:24.6	and in many cases, prices of electricity will go down for the community
1:29.1	and very substantially down.
1:30.8	Ben combing through everything, Jim looking for clues about what the market may be interested
1:35.8	in.
	...

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