Episode
9am Hour: NEC's Hassett on Jobs Report, OpenAI Government Stake Buzz, Tesla Delivers 7/2/26
- Podcast
- Squawk on the Street
- Published
- Jul 2, 2026
- Duration seconds
- 2681
- Processing state
not_requested- Canonical source
- https://www.cnbc.com
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Summary
On the last trading day of a holiday-shortened week, Carl Quintanilla and Jim Cramer reacted to the June employment report showing weaker-than-expected job creation. Stocks rose on that data, which fueled hopes that the Fed would be less likely to hike rates. National Economic Council Director Kevin Hassett joined the program with White House reaction to the jobs numbers. The anchors asked him about OpenAI reportedly discussing a proposal to give the U.S. government a 5% stake in the company. Also in focus: Tesla Q2 deliveries beat forecasts, Microsoft's new AI "Frontier," what's next for Meta one day after shares rallied on its push into cloud computing, new redemptions at Blue Owl. Squawk on the Street Disclaimer