Squawk on the Street Squawk on the Street

9AM HOUR: Anthropic's IPO Prospectus, AI Summit at the White House, Oura Postpones IPO 9/29/26

Sep 29, 2026 · 43m

Summary

Jim Cramer and Carl Quintanilla analyze the market's stabilization following a sharp S&P 500 drop, highlighting the 10-year yield's proximity to 5.25%. The hosts discuss Anthropic's IPO prospectus, which reports massive losses and existential risk warnings, while contrasting this with Meta's pivot to enterprise AI through its Muse tool for small businesses. They also cover the postponement of Aura's IPO, NVIDIA's strategic hiring of Lisa Su, and the broader market's narrow focus on a few tech giants.

Listen ad-free on Castria