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Squawk on the Street

Squawk on the Street: Opening Bell 09/24/2019

Squawk on the Street

CNBC

News, Business, Investing

4.1567 Ratings

🗓️ 24 September 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

Carl Quintanilla, Jim Cramer and David Faber discuss stocks surge as the President prepares to deliver remarks at the United Nations General Assembly. Plus, what Disney’s CEO is telling Jim about why he walked away from a deal to buy Twitter.

Transcript

Click on a timestamp to play from that location

0:00.0

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

0:08.0

Good Tuesday morning, welcome to Squawk on the Street. I'm Carl Kintania with Jim Kramer, David Faber at the New York Stock Exchange.

0:16.0

Futures up this morning, reflecting some optimism about a delayed Brexit perhaps, U.S.-China trade. Got a busy day with the president speaking at the U.N. in the next hour. Europe largely unchanged, 10-year-17. S&PK. Schiller home prices up 3-2 from a year earlier. A roadmap begins with renewed optimism for U.S. China trade talks. Stocks are set to open higher. Some new records still within reach.

0:39.0

Plus, Netflix is erasing its gains this year, amidstressing streaming competition. Jim spoke

0:43.9

exclusively with the CEO of one major competitor. His name, Bob Eiger, the company, Disney.

0:50.4

Full details from their conversation coming up.

0:52.8

And under pressure, federal prosecutors in California, reportedly opening a criminal probe of vaping company, Jewel.

1:00.4

Stocks are looking to resume their march toward record highs.

1:03.2

Investor sentiment getting a lift after Washington did confirm trade negotiations with China will resume in a couple of weeks.

1:09.5

Meantime, the president will address the UN General Assembly in the next hour.

1:13.4

We'll see how long he goes.

1:15.0

Jim, as we get more news out of the UK Supreme Court, maybe a lesser likelihood of a no-deal Brexit.

1:21.9

Yeah, but also there's another court over there, which is talking about this is the EU

1:26.7

European Commission gives a big win to Starbucks in terms of charging Starbucks.

1:32.2

They were violating EU state aid law. A lot of people reading that through to Apple.

1:35.8

Now, there are some positive. Jeffrey's upgraded Apple, but Apple was some good news.

1:40.6

Boris Johnson, obviously, a little trouble.

1:43.7

You know what's the most important person in foreign policy today?

1:47.6

Nicole Rolf.

1:49.0

Who?

1:49.9

No, Nicole Rolf is?

1:51.8

David?

...

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