Win Streak Ends and Fed Watch Begins, Palantir Tumbles, CEOs' Macro Message at Milken 5/6/25

Carl Quintanilla, David Faber and Mike Santoli discussed stocks extending Monday's losses after the broader market snapped its nine-day win streak. The Fed's two-day policy meeting also in the spotlight ahead of Wednesday's decision on interest rates. The anchors explored Palantir shares taking a hit despite upbeat results and guidance: What's next for what has been a high-flying stock? Also in focus: An AI warning from legendary investor Paul Tudor Jones, Ford suspends guidance in wake of tariffs, what CEOs at the Milken Institute Global Conference told David about the macro environment. 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.