Episode
Nasdaq's Record High, Amazon CEO Jassy on AI Capex, Palantir vs. "AI Slop." 5/5/26
- Podcast
- Squawk on the Street
- Published
- May 5, 2026
- Duration seconds
- 2604
- Processing state
not_requested- Canonical source
- https://www.cnbc.com
Actions
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Summary
Carl Quintanilla, Jim Cramer and David Faber drilled down on tech propelling the Nasdaq to a new all-time high. The anchors discussed what Amazon CEO Andy Jassy told Jim Monday night on "Mad Money" about the company's Al capex strategy. Speaking of AI: Palantir shares pulled back despite a Q1 beat, record revenue growth and raised guidance. Hear what the company's CEO Alex Karp said on its earnings call about "AI slop." Also in focus: What Alphabet President Ruth Porat told David about AI risks during an on-stage session at the Milken Global Conference, Paramount slides on earnings, Shopify President Harley Finkelstein joined the program to discuss results and guidance that weighed on the stock. Squawk on the Street Disclaimer