One day after the Dow and S&amp;P 500 hit all-time intraday highs mid-session, Carl Quintanilla and Jim Cramer discussed what JPMorgan Chase CEO Jamie Dimon told CNBC about what he thinks could result in market disruptions. The AI trade in the spotlight: Shares of Sandisk and Western Digital down sharply despite strong quarterly results. Also in focus: Spacex&#x27;s lockup expiration and what&#x27;s at stake for the sluggish stock; Travel stock winners; Why Salesforce shares are under pressure; Google&#x27;s leadership shakeup; AppLovin plunges; Earnings winners and losers including Warner Bros. Discovery and Versant in the media space; President Trump reportedly has called Kevin Warsh repeatedly since Warsh became Fed chairman. Disclosure: Versant Media Group is the parent company of CNBC. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

9am Hour: Dimon's Market Warning, Sandisk and Western Digital Tumble, SpaceX Lockup Expiration 8/6/26

Squawk on the Street

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[SPEAKER_E] Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Quintanilla with Jim Cramer at Post 9 of the New York Stock Exchange. David Faber has the morning off. A little more chop than usual in corporate earnings today. Got some high-profile misses in either EPS or revenue. Got a sell-off in memory software with some double-digit decliners. Macro's a little bit better. Brent's holding $80 as we have no Iran deal.

9am Hour: Dimon's Market Warning, Sandisk and Western Digital Tumble, SpaceX Lockup Expiration 8/6/26

Read the full transcript

The candid version is on a podcast,
not the earnings call.

9am Hour: Dimon's Market Warning, Sandisk and Western Digital Tumble, SpaceX Lockup Expiration 8/6/26

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.