Pres. Trump to Host Tech CEOs, Salesforce Slumps Despite Beat, American Eagle Soars 9/4/25
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 4 September 2025
⏱️ 43 minutes
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| 0:00.0 | It's Jim Kramer here. You're listening to the opening bell of CBC's squawk on the street. |
| 0:04.7 | Don't miss a minute of the action. |
| 0:07.6 | Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kinteneer with Jim Kramer at Post 9 of the New York Stock Exchange. |
| 0:12.3 | David Faber has the morning off. A lot of moving pieces today between tech earnings, ADP, RFK Jr.'s hearing on the hill today, Jobless claims highest since June. And bond yields offering |
| 0:22.8 | some relief from high levels earlier in the week, 10-year 419. Our roadmap begins with top tech |
| 0:28.1 | CEOs going to the White House tonight to meet with the president, including Tim Cook, Mark Zuckerberg, |
| 0:33.2 | Sam Altman. There is one notable absence, though, which we'll tell you about. |
| 0:37.3 | Meantime, the president asking the Supreme Court for a quick ruling on his efforts to overturn |
| 0:41.3 | a lower court ruling that found his global trade tariffs illegal and a lot of big earnings |
| 0:46.3 | movers, Salesforce slumping on some weak guidance, Figma plunging after its first report since going |
| 0:51.5 | public. Let's begin with the president and big tech. Tonight, he is set |
| 0:55.5 | to host high-profile tech and business leaders for an inaugural event in the White House's |
| 1:00.1 | renovated Rose Garden. A White House official tells CNBC invitees include Mark Zuckerberg, Tim Cook, |
| 1:06.0 | Sundar Peach Eye, Sam Altman, and Sergei, notably not on the list, is Elon Musk. |
| 1:13.1 | The meeting is expected to be held over dinner after a separate White House event on AI, |
| 1:17.7 | hosted by the First Lady. |
| 1:19.6 | Interesting, Jim. |
| 1:20.6 | And, you know, I guess to some, maybe a little surprising, |
| 1:23.8 | given how involved Musk was at the White House earlier in the year. |
| 1:27.5 | Also, when you talk about autonomous driving, when we talk about a supercomputer, when we speak |
| 1:34.7 | about anything involving the state of where we are as a nation and business, he tends to be |
| 1:40.8 | someone that people want to know what he's thinking. But these other people, these are the people that are the, it's the magnificent six down there. |
... |
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