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Squawk on the Street

Markets and the Ceasefire, Boeing CEO Exclusive, AI Trade: GE Vernova Surges 4/22/26

Squawk on the Street

CNBC

News, Investing, Business

4.0566 Ratings

🗓️ 22 April 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

David Faber and Jim Cramer discussed stocks rising one day after President Trump announced he is extending the ceasefire with Iran. Boeing CEO Kelly Ortberg joined the program to discuss quarterly results that gave a boost to the company's stock. GE Vernova shares surged on its better-than-expected Q1 earnings and raised guidance driven by data center demand. Also in focus: SpaceX says it has an option to buy AI startup Cursor for $60B, Tesla earnings preview, AT&T falls despite Q1 beat, Apple CEO change follow-up, Best Buy picks a new CEO, the Avis saga. Squawk on the Street Disclaimer

Transcript

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0:00.0

Market moving insight and analysis join Jim Kramer, David Faber, and me, Carl Cantonia, on the opening bell hour of CNBC Squawk on the Street.

0:14.3

Good Wednesday morning. Welcome to Squawk in the Street. I'm David Faber with Jim Kramer. We are live from Postline at the New York Stock Exchange. Carl has the morning off. Let's give you a look at futures. You just saw them. At the end of Squabbox, there we are set up for a higher open when we begin trading one half hour from now. Our roadmap this morning, it starts with President Trump extending that ceasefire with Iran until at least the country can, quote, come up with a unified

0:38.7

proposal, plus a new report that is unauthorized users of access to Anthropics, powerful

0:45.1

new AI model mythos. Well, we always talk about Anthropics, as we need to every day.

0:50.3

We'll certainly talk about this as well. And we also have an exclusive with the CEO of Boeing. That stock is up. This after the company posted a smaller than expected loss

1:00.6

of the first quarter.

1:02.7

Back quarter is good. Certainly you have been a fan of Mr. Orkberg.

1:06.3

No, I'm a huge fan. Huge fan. A huge fan.

1:09.3

All right. Let's start with the markets this morning, Mr. Kramer.

1:12.3

I don't know. We're not allowed to go down anymore. It's just up, up, up. Okay.

1:18.6

Ernie's been great. Okay. The number of disappointments one hand, other, the different areas that people are talking about are all good.

1:28.0

David, you mentioned something, and we're going to just have to talk about it.

1:31.9

Sure.

1:32.3

There is a pulse among Anthropic Open AI.

1:36.2

This morning, SpaceX, buying cursor, or at least have a lease on a possible.

1:41.2

Cursor is amazing.

1:42.4

I can code with cursor.

1:43.8

Yep.

1:43.9

I mean, you know, remember coding for dummies?

1:45.9

This is coding for super dummies who are also dead. This thing is so easy, David, that I could

1:51.5

sit down with you and we could come up with Adobe. Oh, no, Adobe $25 billion buyback. Check that.

1:56.9

But I am saying that these are the company, like Google has a huge meeting out in Vegas, and it's moving the stock.

...

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