Oracle Slides, Morgan Stanley's Jonas Ups Tesla PT to $400, Google's "Quantum" Leap 12/10/24

Carl Quintanilla, Jim Cramer and David Faber led off the show with reaction to shares of Oracle down sharply on a fiscal second-quarter miss and weaker-than-expected guidance. The anchors also discussed why Morgan Stanley analyst Adam Jonas raised his price target on Tesla to $400 and reiterated the stock's "Top Pick" status. Also in focus: Alphabet shares jump on Google's quantum computing chip, a look at OpenAI's new "Sora" AI video generation model, Boeing reportedly restarts 737 MAX production, Alaska Air soars, a sneak peek at "Cities of Success: Salt Lake City" which premieres Tuesday night on CNBC at 10pm ET/PT. 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.