When we talk during the 9 a.m. ET hour of CNBC’s “Squawk on the Street,” the morning show I love so much, there’s never time to flesh things out. We hit topic after topic: bang, bang, bang. Occasionally, though, Carl Quintanilla will serve it up, I’ll lob it back, and then David Faber smashes it…
My top 10 things to watch Thursday, Dec. 19 1. Micron is dead right about data center demand but very wrong about cellphone and PC demand, particularly weakness in NAND memory chips used in those markets. Micron reported solid earnings results Wednesday while lowering its outlook. Truly a mistake on CEO Sanjay Mehrotra’s part. Micron…
My top 10 things to watch Monday, Dec. 2 1. Spending on Black Friday was a little stronger than expected, according to Mastercard data. It was up 3.4% overall while e-commerce was up 14.6%. Brick and mortar was up just 0.7%, which jibes with the performance over the last few weeks of Best Buy ,…
Check out the companies making headlines in midday trading: SoFi Technologies — Shares of the online personal finance company jumped around 11.4% after SoFi announced a $2 billion agreement with Fortress Investment Group to grow its loan platform business. Sirius XM Holdings — The audio entertainment stock popped 7.9% after Warren Buffett’s Berkshire Hathaway disclosed…