Episode
9AM Hour: SK Hynix Shares' Record Decline, Altman-Musk Showdown, Oil Jumps 7/13/26
- Podcast
- Squawk on the Street
- Published
- Jul 13, 2026
- Duration seconds
- 2575
- Processing state
not_requested- Canonical source
- https://www.cnbc.com
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Summary
Carl Quintanilla, Jim Cramer and David Faber kicked off a new week with the AI trade: Shares of SK Hynix tumbled 15% for its worst-ever day in the South Korean markets. The stock also fell sharply on Wall Street after surging 13% Friday in its U.S. trading debut — and dragged down memory names including Micron and Sandisk. The anchors reacted to the Sam Altman-Elon Musk's social media spat in wake of Apple's lawsuit against OpenAI. Also in focus: Oil prices jump on U.S.-Iran tensions, SpaceX shares fall closer to their $135 IPO price, Cramer on the non-tech names worthy of your attention, Disney's live-action "Moana" stumbles, Meta and data centers, American Express upgraded, "Faber Report" on State AGs vs. Paramount-WBD deal. Squawk on the Street Disclaimer