Episode

11AM Hour: Oracle Shares Tumble, Former Kansas City Fed President on Inflation & Counting Down to the SpaceX IPO 6/11/26

Podcast: Squawk on the Street
Published: Jun 11, 2026
Duration seconds: 2622
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Canonical source: https://www.cnbc.com
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Summary

We bring you the details on why shares of Oracle are tumbling today despite a strong earnings report from the company. Then, Former Kansas City Fed President Thomas Hoenig joins to break down this morning's wholesale inflation data. Plus, we look ahead to the SpaceX IPO tomorrow and discuss why there could be outsized volatility for both the stock and the indexes it's in. Squawk on the Street Disclaimer