Squawk on the Street
9AM HOUR: SK Hynix Leads AI Trade Revival, GE Vernova Erases Gains, Fed Decision Day 10/28/26
This episode isn’t summarized yet
Create a free account and summarize it. In a few minutes you’ll have the key takeaways and a section-by-section summary.
Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with the AI trade extending this week's rebound. The big catalyst: Shares of SK Hynix surging and lifting the chips after the South Korean company posted a blowout quarter. A different story for GE Vernova -- which erased earlier gains during the company's earnings call. The anchors also set the stage for Wednesday's Fed decision on interest rates, along with what the markets want to hear from Fed Chairman Warsh during his post-meeting news conference. Also in focus: OpenAI CEO Sam Altman's latest comments on AI security; Microsoft and Alphabet earnings preview; GE Vernova's $9 billion acquisition; Visa posts record revenue; Robinhood slides; Vertiv soars; Cramer on whether or not he would add Anthropic to his charitable trust holdings once it goes public.
Squawk on the Street Disclaimer
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.