Nvidia CEO's CES Keynote, Apple Hit With a "Sell" Rating, Meta-Mania from Fact-Checking to UFC 1/7/25

Carl Quintanilla, Jim Cramer and David Faber engaged in a wide-ranging discussion about Nvidia – and what CEO Jensen Huang said about AI in his keynote at the Consumer Electronics Show in Las Vegas Monday night. Shares of the chip giant briefly hit a record high and surpassed Apple as the world's most valuable company. Speaking of Apple, the anchors reacted to MoffettNathanson downgrading the stock to "sell." Also in focus: Meta scraps its third-party fact checking program and appoints UFC CEO Dana White to its board, snack stocks' multi-year slump, a barrage of Wall Street calls, "Merger Monday" movers. Squawk on the Street Disclaimer

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CNBC’s “Squawk on the Street” with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds.