Carl Quintanilla and Jim Cramer began the conversation discussing what the president’s new call for tariffs might mean for the markets. In his remarks to reporters yesterday, President Trump suggested 25% tariffs on autos, pharma and semiconductors that could go even higher. The anchors then shifted to some of the day’s biggest earnings movers, including Toll Brothers. Shares of the homebuilder dropped at the open following the company’s miss on estimates. Later in the hour, the desk also mentioned Bill Ackman raising his takeover offer for Howard Hughes Holdings, saying he will turn it into a ‘modern-day Berkshire.’ 

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Jim and Jeff discuss this alcohol maker as Berkshire Hathaway buys stake in the company. They also dive into what led to the rise in shares for these health care stocks. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the market’s biggest headlines. Signup here: cnbc.com/morningtake 

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Carl Quintanilla, Seema Mody, and Michael Santoli discussed the latest for stocks as the S&P and Nasdaq sit inches from new all-time highs. To kick off the hour: NAHB housing data, the latest from the White House, and why Stifel's Chief Economist is warning of a 10% sell-off ahead. Plus, one Former Commerce Secretary's take on tariffs, Trump, DOGE... And a read from the ground in Beijing as President Xi Jinping tries to reboot relations with the country's private sector. 

A number of market movers also in focus: Broadcom & Taiwan Semi eye a deal for Intel; the latest on a new Delta Airlines crash; Conagra's guidance cut; what's driving Meta's record rally; and a look at Musk's newest iteration of 'Grok'

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David Faber and Jim Cramer started the show with a look at the markets on this shortened trading week, with the S&P nearing another record high. The desk then brought in Megan Cassella, who joined the program live from the White House. She broke down the latest in D.C. including a top Social Security official resigning after clashing with Elon Musk’s DOGE over data access. Later in the hour, the desk discussed Chinese President Xi holding a rare meeting with top business leaders, which included Alibaba’s Jack Ma. Also in the mix: Southwest Airlines announced it will slash 15% of its corporate workforce.

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Carl Quintanilla, Leslie Picker, and Michael Santoli discussed the latest for stocks after Trump’s announcement of reciprocal tariffs across the globe, and why Musk’s Department of Efficiency could be a boon for cybersecurity stocks in particular. Also a busy morning for movers within the hour: the team broke down Apple’s new product event announcement with an analyst who calls the stock a buy here. Plus, reports overnight that ARM is making its own chips – why it could upend the semiconductor industry. 

Also in focus: Morgan Stanley’s new pay package for CEO Ted Pick; why Coinbase CEO Brian Armstrong says crypto is entering a “new era”; Hermes beats a luxury slowdown; and CNBC’s exclusive NBA valuations for 2025

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Carl Quintanilla, Leslie Picker, and Mike Santoli began the hour by breaking down the markets a day after the S&P posted its best day in about a month. The anchors worked in this morning’s key economic data, with retail sales slumping 0.9% in January, down much more than expected. Eamon Javers also joined the program live from the White House to discuss President Trump announcing his plan for reciprocal tariffs. After the opening bells, the anchors hit the biggest morning movers including Coinbase, Airbnb and Gamestop, which is reportedly considering investing in bitcoin and other cryptocurrencies.

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The second hour of CNBC’s "Squawk on the Street" with Carl Quintanilla and Sara Eisen is broadcast each weekday from the floor of the New York Stock Exchange, with the up-to-the-minute news investors need to know and interviews with the most influential CEOs and greatest market minds. Squawk on the Street Disclaimer

Carl Quintanilla, Sara Eisen and Mike Santoli led off the show with this morning’s data after the producer price index, which measures what producers get for their goods and services, increased by a seasonally adjusted 0.4% on the month, compared with the Dow Jones estimate for 0.3%. Eamon Javers also joined the program from the White House to discuss President Trump’s plans for reciprocal tariffs on U.S. trading partners. Later in the hour, the desk hit the rally in some momentum names like Dutch Bros, AppLovin and Robinhood; Robinhood’s CEO Vlad Tenev sat down with Kate Rooney after the bells to discuss his latest quarter.  

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Inflation Watch: Carl Quintanilla, Sara Eisen and Michael Santoli explored what to make of stocks falling and yields spiking after January CPI came in hotter-than-expected. 

The anchors also discussed Elon Musk's defense of the Department of Government Efficiency -- after President Trump signed an executive order giving DOGE more power to

find ways to cut federal spending. In a CNBC Exclusive, Leslie Picker sat down with Bank of America CEO Brian Moynihan to discuss everything from interest rates to President Trump's 

message on debanking conservatives. Also in focus: Day 2 for Fed Chair Powell on Capitol Hill, SoftBank's surprise loss and CEO Masa Son's AI bets, earnings winners and losers.  

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