Walmart Beats, OpenAI's Altman and Anthropic's Amodei Talk Exclusively to CNBC 2/19/26

Squawk on the Street

CNBC

Investing, News, Business

4.0 • 566 Ratings

🗓️ 19 February 2026

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Carl Quintanilla, Jim Cramer and David Faber discussed market reaction to Walmart's Q4 beat and what new CEO John Furner said on the earnings call about consumer spending. OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei refused to hold hands during a group photo shoot with tech leaders at an AI summit in India. Both men spoke exclusively to CNBC: Altman on the U.S.-China AI arms race, Amodei on AI's effect on jobs. Also in focus: OpenAI's march toward a new $100 billion funding round, more pain for software stocks, Etsy jumps on the sale of second-hand fashion app Depop to eBay, Blue Owl slides on a report about redemptions, a flashback to what Jim said about Figma on the date of its stellar public debut in July 2025. Squawk on the Street Disclaimer

Transcript

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0:00.0	Market moving insight and analysis join Jim Kramer, David Faber, and me, Carl Kintanilla,
0:04.9	on the opening bell hour of CNBC Squawk on the Street.
0:14.7	Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kintanio with Jim Kramer,
0:18.1	David Faber at Post 9 of the New York Stock Exchange. A little queasiness in the pre-market, as Walmart does guide below for the full year. Oil hits a seven-month high amid some of these tensions in the Middle East. And some other headlines, dinging private credit today. Ten years back to $4.10 at a one-month high. Our roadmap begins with Walmart. Retail giant posts a strong quarter, but earnings
0:38.4	outlook does fall short of estimates. Plus, OpenAI, Sam Altman, and Anthropics Dario Modeh,
0:43.8	speaking exclusively with CNBC about the AI landscape. And we are watching the private credit
0:50.5	sector. Reports that Blue Owl, permanently freezing redemptions in one of its key bdc funds for
0:57.3	example pressuring that stock a bit let's begin with the markets on track for a lower open
1:02.2	after posting some gains yesterday jim as tech did sort of reassert itself would you put it that
1:07.1	way i mean look there was this period between 3 and 340 where it could have gone either
1:11.1	way inside the rally.
1:12.6	A lot of things key off of Vivida.
1:14.6	This morning at 4, the market was looking flat.
1:18.6	And I don't know what happened between 4 and 440.
1:21.6	Other than if you read the New York Times, it had the outline of every single ship and
1:26.6	exactly how close we are.
1:28.3	David, I think that we're all kind of unrealistic.
1:31.3	Tomorrow, all we're gonna talk about is what are we gonna do with that gigantic armada that we have?
1:38.3	Because it doesn't seem like the president gets an armada together and just says,
1:41.3	hey guys, go to be together. It's not war games.
1:43.3	Why are we talking about tomorrow? Well, because I'm trying to anticipate what people will do. Nice tie. At first I thought I needed a pink shirt. Thank you. Very pretty. There is a focus on this. Obviously, the journal devotes a lot of column inches to it today in terms of detailing all of the armaments that are now in place
2:02.5	and will be, but it still remains very much unclear what military action, if any, will be
	...

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