Nvidia Extends Friday Slump, Fmr. Pres. Trump on TikTok Ban and Facebook, Bitcoin Hits $72K 3/11/24

Carl Quintanilla, David Faber and Mike Santoli kicked off a new week with a look at Nvidia's impact on the markets. The stock extended its decline from Friday's wild reversal that sent the chip sector below its 52-week high. What would a momentum unwind look like? A chips analyst joined the show to explain why he raised his price target on Nvidia from $900 to $1,200. The anchors reacted to what former President Donald Trump told CNBC about a potential TikTok ban -- as well as Facebook being an “enemy of the people." Also in focus: Bitcoin's fresh record high above $72,000,Reddit's IPO terms and roadshow, 15 years since the "Haines Bottom."  Squawk on the Street Disclaimer

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The opening hour of 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.