Squawk on the Street

Nvidia Rally Effect, Inflation Watch, WBD's New Deal With Charter, Norfolk Southern Ousts CEO 9/12/24

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Show notes

Carl Quintanilla, Jim Cramer and David Faber led off the show with Nvidia’s hot run: Shares of the chip giant up double-digits so far this week, after sparking Wednesday's tech surge that resulted in the biggest one-day comeback for the broader market in two years. Faber Report: Warner Bros. Discovery and Charter Communications reached a new carriage agreement that includes integrating linear video and streaming services. Also in focus: August PPI inflation data, Norfolk Southern fires CEO Alan Shaw for allegedly having an improper relationship with the company's top attorney, what Republican VP nominee JD Vance told CNBC about censorship and regulating big tech, Kroger rises on Q2 results and defends its planned merger with Albertsons.

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