Squawk on the Street
Squawk on the Street
CNBC
Stocks Extend Record Run, CoreWeave Falls Despite Beat, Bullish CEO on IPO 8/13/25
42 minutes Posted Aug 13, 2025 at 2:46 pm.
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Show notes

Carl Quintanilla, Jim Cramer and David Faber discussed riding the record rally in stocks, with the S&P 500 and Nasdaq hitting new all-time highs. The anchors also reacted to 

Treasury Secretary Scott Bessent's suggestion that the Fed should cut interest rates by a half-point in September. CoreWeave's high-flying post-IPO rally takes a detour 

despite guidance and quarterly revenue above street estimates. Bullish CEO Tom Farley joined the program after ringing the NYSE opening bell. Farley -- former president of the NYSE -- 

discussed Bullish going public and how the crypto exchange is capitalizing on stablecoins. Also in focus: Elon Musk-Sam Altman battle intensifies, Cava plummets.

 

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