Tariffs and Record Highs, Nvidia $4T and Beyond, Interview with NFL Commissioner Goodell 7/10/25

Squawk on the Street

CNBC

News, Business, Investing

4.1 • 567 Ratings

🗓️ 10 July 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to trade news, including President Trump announcing 50% tariffs on copper and Brazilian goods. Tech also in the spotlight: Nasdaq hits a fresh record high one day after Nvidia briefly surpassed $4 trillion in valuation. Hear what Jim said about Nvidia stock back in 2011. NFL Commissioner Roger Goodell joined the program from the Allen & Company Conference in Sun Valley, Idaho to discuss the league's streaming strategy. Also in focus: The government deal that sent one stock skyrocketing more than 60%, Delta surges on earnings, WK Kellogg soars after it agreed to be acquired by Nutella maker Ferrero. Squawk on the Street Disclaimer

Transcript

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0:00.0	It's Jim Kramer here. You're listening to the opening bell of CBC Squawk on the Street.
0:04.7	Don't miss a minute of the action.
0:13.2	Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintanay with Jim Kramer. Faber is back at post-9 of the New York Stock Exchange.
0:20.3	Future is a little soft as the White House continues to layer on the tariff threats, whether
0:23.6	that's copper or now Brazil.
0:26.6	Earning season kicks off with Delta ConAgra.
0:28.6	Jobless claims lower now for four straight weeks.
0:31.6	Our roadmap begins with trade and tech, some bullish AI sentiment lifting the NASDAQ and
0:36.6	NVIDIA to new highs as investors continue
0:38.9	to digest the latest volley of tariff announcements from the White House.
0:42.6	Plus, Delta shares are flying high, the airline beating, thank you, earnings estimates
0:47.5	and restoring its outlook for the year.
0:49.4	CEO at Bastion says bookings have stabilized and with NFL training camps about to get underway. Oh my gosh,
0:56.5	you're going to start talking about the NFL again soon. Oh, you bet. Yeah. The league reportedly
0:59.7	looking into renegotiating existing meteorites deals also embroiled in a collusion
1:04.4	controversy. Why do I mention those things? Well, we're going to have a chance to discuss them
1:07.7	with NFL Commissioner Roger Goodell, and that will be this hour
1:11.4	squawking the street. Let's begin with markets focusing on trade and tech one day after
1:16.0	NVIDIA's historic march to four trillion market cap, which you saw right here on squawk on the
1:20.6	street. Let's begin with trade. The president announcing this 50% tariff on copper, effective August
1:25.9	1. Jim, Brazil adds another layer of how he views tariffs in general.
1:32.0	Right.
	...

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