SOTS 2nd Hour: An Exclusive w/Trump’s New FCC Pick, Big Highs For Big Tech, HPE CEO 12/6/24

David Faber, Melissa Lee, and Carl Quintanilla began the hour by breaking down this morning’s jobs report – coming in better than estimates, though unemployment ticked up to 4.2% - and what it means for stocks. Goldman’s Chief Economist arguing the Fed will still cut rates despite those strong numbers – and a potentially higher inflation print next week. The team also caught up with President-Elect Trump’s pick for FCC Chairman: Current FCC Commissioner Brendan Carr, who gave his vision for policy ahead. Also in focus: new all-time highs for Apple, Tesla, and Meta; plus a fresh read on AI demand with the CEO of Hewlett Packard Enterprise – after quarterly results there. 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.