i understand all the reasons carl, though took over back in march. it has been four months. are there any other reasons behind him just not getting his head around the impact of the auto industry. you knew the difficulties of understanding the auto industry. will we be hearing down the road some other reasons why you decided to go with cheryl, mike? >> absolutely not. it wasn't for a lack of effort or commitment. you sigh that the actual results are good it is a difference of a cultural fit that that wasn't going to reside over time and we decided to call it a day there will be nothing more to the story and no other issue that drops behind my conversation this morning. >> we hope to see you at the next report as ceo >> mike, how long are you executive chairman >> to the end of 2021, so i have two and a year years to go >> you wearing pink shoes. you wearing them now >> on the way. >> i have them but i don't have them on today. i'll wear them next time >> thank you for coming on washington has a debt ceiling deal but not everyone is happy about it that includes our next guest

. >> carl icahn. >> carl was watching this show shaving, watching this show, shaving and he heard that. what is this that's ridiculous. he made his mind up that quickly. and actually thwarted the -- >> okay. we have another deal to talk about this morning yes, this is very interesting and deals with a competitor of ours, joe. the london stock exchange says it's now in talks to buy financial data firm refinitiv. the old thompson roitders would include debt blackstone bought a majority stake in refinitiv less than a year ago which valued the firm back then at $20 billion when i say it has to do with a competitor of ours it would put the london stock exchange directly into the line of sight with bloomberg. >> how much debt are we talking about? >> a lot. >> so it's not really worth that much we're hyping -- >> we're not hyping. >> you don't use transaction value. >> yeah, you are what is the debt actually in this we actual factor out the debt. >> enterprise value of the company includes the debt. >> we never use enterprise value when we talk about mergers. >> the total price which we can

i'm carl quintanilla with sara eisen, david faber at the new york stock exchange. cramer has the morning off this is one summer friday you can't afford to miss earnings from twitter, mcdonald's, amazon, google, intel, starbucks, we'll hear from the ceos of the last two later this morning on cnbc futures do look to bounce off the thursday sell-off. europe is mostly green our first look at q2 gdp up

i'm carl quintanilla with jim cramer, david faber. citi looking good, plenty else this week with powell on deck. tech companies on the hill soft china gdp number getting the president's attention. europe is green and oil is up a quarter this morning road map begins with wall street's record run, stocks poised for renewed gains of the open a

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. futures look better than they have looked all week as microsoft comes through with solid earnings and hopes for a rate cut are back despite some confusion. europe is mixed. ten year, 205, the president resumes his criticism of the fed on twitter calling their thought process faulty road map, microsoft's monster quarter. cloud business u

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. it is powell day two this time banking after paving the way yesterday for a rate cut, steepening the curve by the most in a two-day period europe mixed bonds over there continue to see a significant selloff. our own ten year near 208. core cpi runs a bit warm our road map begins with s&p 500 3k th

jim, carl and david have the day off. futures took a little bit of a dive after we got that nonfarm payrolls number, which was much stronger than expected to the tune of 224,000 jobs added, well above the 165,000 forecast dow jones futures down 100 points nasdaq down 46 we're higher by 1.5 to

request i'm david faber with jim cramer who is a brooklyn nets fan live from the new york stock exchange carl quintanilla has the day off. futures, half hour from now get started with trading a lot of news to digest over the weekend for investors. you can see we are looking for a sharply higher open, perhaps even some new records, we'll see. let's get to our road

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. caterpillar's miss and soft guid guidance, so much else to watch, including the doj on big tech. facebook settlement, weak global pmi, mueller and more. europe is mixed. ten year yield below 205 the d.c. head winds for bi

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. big show this morning. in a few moments, ginni rometty and jim whitehurst also pepsi's hugh johnston as well, as they beat as well futures imemploy the third day in a row, though, of triple digit declines for the dow downgrade of 3m not helping today. road map begins with stocks in the red. fed chairman jay powell testifies tomorrow on the hill and

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. it is peak day for earnings. more than 60 members of the s&p report we'll get to 3m, southwest, comcast, place facebook, tesla, fort, and more from last night europe is green, ecb going more dovish today back home, our ten year holding on to a two handle as durables and claims are better than

i'm carl quintanilla with jim cramer, david faber. futures got a bounce and yields did drop, seems to affirm expectations of a cut. in his prepared remarks, he says, quote, it appears uncertainties around trade tensions and concerns about the strength of the global economy continue t

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. another morning of minimal premarket volatility as earnings roll on with b of a, csx, goldman cut league tating retai sell yields do drop as housing starts fall for a second month. road map begins with big

. ♪ >>> good tuesday morning, welcome to "squawk on the street" on carl quintanilla with jim cramer at the new york stock exchange, david fabers that day off. europe is having a rough morning. dax on pace for the worst day since february the pound's bruising continues brent back above the 50 da

i'm david faber along with jim cramer we are live from the new york stock exchange carl quintanilla has the day off. let's give you a look at futures, started with trading one half hour from now, of course we are set up for a slightly lower open europe kind of mixed, asia, yeah, yin and yang thing. >> yeah. >> give and take. >> yeah. >> from yesterday. >> right

i'm carl quintanilla with jim cramer and david faber from the new york stock exchange. europe mostly red this morning ten year, 2.07 as philly fed blows out expectations and jobless claims were in line. road map begins with

we are live from the new york stock exchange carl quintanilla has the day off. stock market, by the way, set your watch, going to close at 1:00 p.m. eastern, due to getting an early start on the independence day holiday look at futures as we get ready for an open 30 minutes from now. we're looking up, but u.s. equity futures, what we are talking about, 2% or so. we had that quiess

i'm carl quintanilla with jim cramer futures looking to build with powell's testimony in the books, we're going to look ahead to earnings and today's tweets from the president on everything from trade to facebook and libra. make sure you keep an eye on europe and on yields as consumer prices end up warm economic fears are climbing, but so are