Target Misses, Market Records, Nvidia Earnings Countdown 05/22/24

Carl Quintanilla and Jim Cramer led off the show with Target shares taking a hit on a quarterly earnings miss and sales decline. Cramer explains how "Food's Big 3" fit into the picture. The anchors discussed the S&P 500 and Nasdaq hitting record closing highs ahead of Nvidia's much-anticipated earnings due out after Wednesday's quarterly results. Can the chip giant live up to Wall Street’s lofty expectations? Also in focus: Apple aims for an 8-day win streak, Williams-Sonoma and TJX among retail's earnings winners, Lululemon restructuring, Tesla's European sales, Toll Brothers tumbles despite upbeat earnings and guidance. Squawk on the Street Disclaimer