PCE data drives bond market reactions analyzed by Rick Santelli. Kristina Partsinevelos sets market themes while Unlimited’s Bob Elliott provides weekly market perspective. Eamon Javers and Steve Liesman team up on Lisa Cook hearing coverage and Fed reaction with analysis from Global Situation Room President Brett Bruen. Mackenzie Sigalos examines AI's expanding impact up the corporate ladder, followed by an on-set conversation with Gecko Robotics CEO Jake Loosararian about data -- "AI's dirty little secret." SentinelOne CEO Tomer Weingarten discusses quarterly results and cybersecurity trends. Vital Knowledge's Adam Crisafulli rounds out the show with next week's key market catalysts.

Major questions are looming on two critical fronts – the fate of the Fed independence and the future of the AI trade. It’s been a big week for both. We discuss with CNBC’s Eamon Javers, Allianz’ Mohamed El-Erian, CNBC’s Kristina Partsinevelos and Partners’ Group Anastasia Amoroso. Plus, we discuss a big shift in consumer spending and what it could mean for U.S. companies like Tapestry and Ralph Lauren. And, Robinhood’s Stephanie Guild tells us how she is positioning as we head into a new trading month. 

Kestra Investment Management CIO Kara Murphy and G Squared’s Victoria Greene lead market analysis as earnings season roll on with major results from Dell, Affirm, Ulta, and Autodesk. Telsey Advisory Group CEO Dana Telsey breaks down retail earnings including Gap and Ulta's performance in the challenging consumer landscape. Bob Keiser, Co-CIO and Senior Market Strategist at Aspire Strategic Portfolios, weighs in on market direction while Fast Money's Dan Nathan provides his first look at key movers. Angelica Peebles reports on breaking CDC crisis news as White House fires new CDC Director Susan Monarez amid standoff with HHS Secretary Robert F. Kennedy Jr. Piper Sandler Chief Market Technician Craig Johnson closes with technical analysis and charts for the week ahead, including a bull case for small caps. 

Where does the market go from here – following the Nvidia clearing event? We discuss with Ed Yardeni from Yardeni Research and JP Morgan Asset Management’s Gabriela Santos. Plus, star analyst Stacy Rasgon gives us his first take on Nvidia’s earnings report – and the stock’s lackluster response. And, retailing legend Mickey Drexler gives us a pulse check on the consumer space. 

Kristina Partsinevelos sets the market theme as all eyes turn to Nvidia's pivotal earnings report. Brenda Vingiello and Mike Santoli analyze markets ahead of the chip giant's results. Plus, instant reaction from all angles once Nvidia numbers are released with Gil Luria and Patrick Moorhead. Steve Grasso breaks down the readthrough from Nvidia and what's next for AI stocks, while Pure Storage CEO Charles Giancarlo discusses his company's latest results and storage market outlook in an exclusive interview. Other earnings include Snowflake, NetApp, CrowdStrike, and Pure Storage.

Mad Money Disclaimer

The biggest stock in the market gearing up to deliver the most important earnings report – arguably of the entire season. We break it all down with CNBC contributors Josh Brown, Bryn Talkington and Stephanie Link along with our Kristina Partsinevelos. Plus, former Fed Vice Chair Roger Ferguson weighs in on the fight for Fed independence. And, we track some massive moves in the retail space ahead of some more high-interest reports in that sector. 

Former Atlanta Fed President Dennis Lockhart weighs in on Fed policy and the latest around Lisa Cook. Steve Kovach breaks down MongoDB and Okta earnings results. Courtney Reagan analyzes PVH's latest quarterly performance. BofA's Jill Carey Hall explores small-cap opportunities with the Fed potentially cutting rates. Bespoke Co-Founder Paul Hickey provides comprehensive market analysis while Guy Adami delivers Fast Money's first look at market movers. Wells Fargo's Aaron Rakers offers an essential Nvidia earnings preview ahead of the chip giant's highly anticipated results. 

What could be in store for the next leg of the record setting rally? Plus, we discuss the latest developments following the firing of the Fed’s Lisa Cook. We break down all that and more with Fundstrat’s Tom Lee, Sofi’s Liz Young and Northwestern mutual’s Matt Stucky. Meantime, Apple could be eyeing a new tie-up that could shake up the entire AI arms race. Big Technology’s Alex Kantrowitz and CNBC’s Steve Kovach tell us what’s at stake. And Cheryl Young from Rockefeller Global Family Office tells us why she is cautious on the tech trade. 

Mike Santoli sets the market theme as Big Tech faces a pivotal week, with bond market reactions from Rick Santelli and market outlook from Courtney Garcia of Payne Capital Management. Plexo's Lo Toney breaks down the high-stakes Big Tech developments. Plus, more on the government's Intel stake and Trump's emerging activist investor strategy with Axios' Dan Primack. BCA Research's Peter Berezin delivers a reality check on AI as more of a stock market phenomenon than economic driver. Collectibles reach new heights with a Jordan/Kobe card selling for $12.9 million, and Eunice Yoon reports on China's blind box craze from Beijing.

What’s next for markets after Chair Powell led markets to believe cuts are coming – potentially in September? We discuss with Solus’ Dan Greenhaus, Charles Schwab’s Kevin Gordon and Truist’s Keith Lerner. Plus, we debate the Fed’s next move with David Zervos – who is said to be on the shortlist of Contenders for the Fed Chair spot. And, Jeff DeGraaf from Renaissance Macro tells us what he is expecting from the big earnings this week.