Squawk on the Street
9AM HOUR: Fed Decision Day, Diesel Keeps Climbing, Nvidia's Huang Slams AI Doomsday Scenario 9/16/26
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Show notes
Carl Quintanilla, Jim Cramer and David Faber discussed the markets bracing for Wednesday's Fed decision on interest rates, with Wall Street expecting a hike for the first time since 2023. Inflation in focus: As diesel prices hit fresh record highs, the anchors weighed on companies warning about fuel prices impacting their bottom lines. Hear how Nvidia CEO Jensen Huang doubled down on the AI doomsday scenario while speaking to Jim on "Mad Money" Tuesday night. OpenAI CFO Sarah Friar and Salesforce CEO Marc Benioff also joined Cramer on that show with their takes on AI safety. Also in focus: Meta CEO Mark Zuckerberg's social media posts on AI alignment and safety; Strategist Ed Yardeni cuts his year-end S&P 500 price target, retail sales' August rebound, Katy Perry's eye-opening comment to Cramer about AI.
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