SOTS 2nd Hour: Your Earnings Playbook - from Big Tech to Healthcare, Plus Anthropic Fundraise Details 4/30/26

Squawk on the Street

CNBC

News, Investing, Business

4.0 • 566 Ratings

🗓️ 30 April 2026

⏱️ 43 minutes

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Summary

From big tech earnings to the Fed's decision to hold rates steady... Carl Quintanilla, Sara Eisen, and David Faber broke down what investors should know this hour - and what it means for the markets - with an all-star cast including Janus Henderson's Global Macro Investing head and one of the street's top big tech analysts. Plus: how AI is changing drug discovery with the CEO of Bausch & Lomb, and new CNBC reporting around a staggering new possible valuation for Anthropic. Squawk on the Street Disclaimer

Transcript

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0:00.0	Good Thursday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Kandiniah and David Faber. We are live, as always, from post-9 of the New York Stock Exchange.
0:08.2	Coming up on today's show, the Mag 7 divergence. Alphabet is jumping, Amazon, Meta, Microsoft pulling back after last night's results. And today we get Apple after the bell. We'll talk about what to do with your big tech holdings right now.
0:26.0	Plus, oil touching its highest level since the start of the Iran war, but one market expert says gas prices aren't high enough yet to meaningfully change consumer behavior. And anthropic weighing a new
0:31.8	funding round at an eye-popping valuation more than double what it was just in February. We've
0:36.6	got new reporting on that
0:37.5	straight ahead. Busy day for data. PCE, GDP claims, and now some LEI. Let's get to Rick
0:43.3	Santelli. Hey, Rick. Hi, Carl and D. Now, this is a March read on LEI. February will be
0:49.6	coming out also. So when I comp, I'm going to be missing a month that will be released this morning as
0:54.8	well. But the March read, expecting down two tens, triple that, down six tens, down six tens.
1:02.4	That would be the weakest since April of last year. And that April reading, by the way,
1:07.3	was down 1.3. And that was the worst reading going back to the COVID month of April
1:12.8	of 2020. So this is not a good read. We also saw Chicago PMI, the weakest read of the year. So we
1:21.3	want to pay attention to these numbers. And I do want to point out that oil, of course, we still
1:26.9	seem to be shadowboxing that in interest rates.
1:29.7	We are much higher this morning.
1:31.3	We've eased back a bit.
1:32.9	We have a double intraday top on the tenure yesterday and today right around that 4.43% level.
1:39.5	437 should be support because it was resistance going up.
1:43.2	Look for that to be the spot that we retest. Sarah, back to you. Okay, well, watch it. Thank you with your help, Rick Santelli. Big news, of course, that everyone's talking about still this morning is Fed Chair Powell. I think the biggest surprise that came out of yesterday is that he is planning to stay on board as Fed Governor, even when his term is up.
2:02.6	And here's why, here's how he described his reasoning.
2:06.5	You know, I'm literally staying because of the actions that have been taken.
2:10.1	I had long planned to be retiring.
	...

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