Squawk on the Street
Squawk on the Street
CNBC
9AM HOUR: Intel Plunges and Amazon Slides in Tech Sell-off, Starbucks and Chevron CEOs Talk Earnings 10/30/26
45 minutes Posted Oct 30, 2026 at 2:28 pm.
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Show notes
Carl Quintanilla, Jim Cramer and David Faber covered Friday's tech sell-off that sent the Nasdaq down more than 2%. Intel shares plunged more than 30% on weak guidance sparked by the PC slowdown. Amazon also down sharply after posting a quarterly miss, despite strength at AWS. The anchors explored what it all means for the AI trade. Coffee, oil and diesel: Starbucks CEO Brian Niccol and Chevron CEO Mike Wirth joined the show to discuss their companies' respective quarterly results. Also in focus: The $6.3 billion Binance crypto hack; Marvell-Lumentum M&A update, the bright spots shrugging off the sell-off.
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