Markets and Tariff Jitters, Bullish S&P 500 Targets, Meta Poaches Top AI Executive from Apple 7/8/25
Carl Quintanilla and Jim Cramer discussed stocks trying to shake off Monday's trade-related sell-off, after President Trump delayed higher tariffs on various trading partners until August 1. The anchors also reacted a pair of bullish calls on the S&P 500: Bank of America raised its year-end target on the index to 6300, Goldman Sachs lifted its target to 6600 for the same time period. Also in focus: Meta hires a top Apple AI executive, Tesla after the Musk "America Party" sell-off, what Amazon CEO Andy Jassy told Jim ahead of Tuesday's Prime Day kickoff, HSBC's call to "reduce" JPMorgan Chase and Goldman Sachs, Wendy's CEO heads to Hershey. Squawk on the Street Disclaimer
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