Nvidia Earnings Countdown, Pres. Trump vs. Fed's Cook, Soaring Stocks 8/27/25

Squawk on the Street

CNBC

Investing, News, Business

4.1 • 567 Ratings

🗓️ 27 August 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Quintanilla, Jim Cramer and David Faber led off the show with what to expect from Nvidia when the world's most valuable company releases its quarterly results after Wednesday's close of trading. According to CNBC sources, Fed governor Lisa Cook could file a lawsuit to overturn her firing by President Trump as soon as today in federal court. Also in focus: MongoDB and Kohl's among the stocks soaring on earnings news, shares of EchoStar double after its $23 billion spectrum deal with AT&T this week, President Trump hits India with 50% tariffs, NFL star Travis Kelce launches his new American Eagle Outfitters clothing line after his engagement to Taylor Swift. Squawk on the Street Disclaimer

Transcript

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0:00.0	Market insight and analysis. You're listening to the opening bell of CNBC, Squawk on the Street.
0:05.7	Good Wednesday morning. Welcome to Squawk on the Street. I'm Carl Kintania with Jim Kramer and David
0:09.2	Faber at Post 9 of the New York Stock Exchange. Future is relatively steady off the morning highs,
0:13.7	as the street does brace for NVIDIA tonight. And in the meantime, pretty nice series of
0:18.6	beaten rays from MongoDB, Box, Octa, even
0:21.6	Coal's yield curve is steepening, though.
0:24.0	Two's tens, highest since April.
0:26.7	Our roadmap begins with racing for Nvidia's earnings a few hours away.
0:29.9	We'll get you set up.
0:31.9	Plus Fed Governor Lisa Cook says she will sue to prevent President Trump from firing her.
0:36.1	This is Trump says he'll have a Fed majority soon to push for lower rates.
0:41.3	And the president's 50% tariffs on India are going into effect.
0:45.6	In fact, have gone into effect.
0:47.0	I think it was 1201 a.m.
0:48.7	That includes a 25% levy as punishment for buying Russian oil.
0:53.4	India now one of the highest tariffed countries in the U.S. trading sphere.
1:00.6	Let's begin with NVIDIA's results due tonight after the close of trading.
1:04.0	Jim, implied moves about 6 percent.
1:06.9	It's pacing for five consecutive months higher.
1:09.7	Yeah, okay, so we actually had the CEO of MongoDB on this morning.
1:14.8	Talked about the overspend.
1:16.3	Are the hypers overspending?
	...

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