SOTS 2nd Hour: Producer Inflation Breakdown, Klarna CEO Talks IPO, & Oracle's Best Day Since '92 9/10/25

Squawk on the Street

CNBC

Investing, Business, News

4.1 • 567 Ratings

🗓️ 10 September 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Producer price inflation coming in better-than-expected month-over-month - with the S&P and Nasdaq hitting fresh record highs at the open: Carl Quintanilla, Sara Eisen, and David Faber broke down the latest for stocks... Along with fresh developments on the Fed front out of Lisa Cook and Fed Governor contender Stephen Miran. Jefferies David Zervos joined with his take - and why he's arguing for a *75 basis point* cut at next week's meeting. Plus, get analysis on the day's three biggest tech stories: Oracle shares surging in their best day since 1992 as investors get bullish on cloud demand... Apple shares falling as their new products disappoint... And Klarna: pricing above the range overnight ahead of public debut at the Big Board today. Their CEO joined the team at Post 9 before the first trade with his roadmap for growth ahead - and why they're going public now. Squawk on the Street Disclaimer

Transcript

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0:00.0	Good Wednesday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl
0:10.3	Cantonia and David Faber. Live, as always, from post nine of the New York Stock Exchange.
0:14.2	Stock starting off strong. The S&Ps up another half a percent right now. What's leading?
0:20.0	No surprise. Information technology. Thank you,
0:22.3	Oracle. And that's incredible now almost 40 percent rise in the stock. But also strong day for
0:28.4	Broadcom up 7 percent. Super Micro up 5 percent. Invidia's rallying 4 percent. So really the entire
0:34.7	AI trade back front and center. Energy is also higher today.
0:38.3	Industrials, utilities, materials, real estate stocks.
0:41.3	Those are all working as we sit at record highs for the S&P 500.
0:46.3	As for Treasuries, take a look.
0:48.3	Can't wait to talk about this inflation report that we got.
0:51.3	Well, it's leading the bond market to rally further.
0:53.3	The 10-year yield, 4.061%.
0:56.1	So just above 4%.
0:57.2	The two-year rallies more sharply, 3.5% there.
1:01.0	Although the 30-year, I would note, is selling off with a little bit of a firmness.
1:05.1	Today, a major IPO in the FinTech space, Clarnah, the CEO, will join us in a first
1:10.2	on CNBC interview ahead of the
1:11.7	buy-now, pay-later company's first trade here at the big board. Plus, Oracle shares
1:17.0	exploding higher, nearing a trillion dollars now in market cap after the company's bullish guidance
1:22.0	stunned Wall Street. Is it too late to get in if you miss the pop? And then Fed chair contender and Jeffrey's
1:28.5	chief market strategist, David Zervos will be here at post nine with the case for a jumbo cut.
	...

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