Squawk on the Street
Squawk on the Street
CNBC
9AM Hour: $1T Micron and the "Green" Chips, Goldman Ups S&P 500 PT to 8,000, SpaceX IPO "Fast Entry" 5/27/26
43 minutes Posted May 27, 2026 at 2:27 pm.
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Show notes
Carl Quintanilla, Jim Cramer and David Faber led off the show with tech fueling stocks' record run: Micron rallies and lifts the memory chip makers after joining the $1 trillion valuation club.
The anchors reacted to Goldman Sachs' call to raise its year-end price target on the S&P 500 to 8,000. Also in focus: SpaceX's IPO and new "fast entry" rules as the company gets ready to go public, Zscaler plummets, GE Vernova CEO's take on data centers in space, software woes ahead of Salesforce's after-the-bell earnings, JPMorgan Chase CEO Jamie Dimon on "high" asset prices, retail earnings winners and losers, the SpaceX "halo effect" on space stocks.
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