Carl Quintanilla, Jim Cramer and David Faber kicked off a new week with the AI trade: Shares of SK Hynix tumbled 15% for its worst-ever day in the South Korean markets. The stock also fell sharply on Wall Street after surging 13% Friday in its U.S. trading debut — and dragged down memory names including Micron and Sandisk. The anchors reacted to the Sam Altman-Elon Musk&#x27;s social media spat in wake of Apple&#x27;s lawsuit against OpenAI. Also in focus: Oil prices jump on U.S.-Iran tensions, SpaceX shares fall closer to their $135 IPO price, Cramer on the non-tech names worthy of your attention, Disney&#x27;s live-action &quot;Moana&quot; stumbles, Meta and data centers, American Express upgraded, &quot;Faber Report&quot; on State AGs vs. Paramount-WBD deal.<br><br>Squawk on the Street Disclaimer<br><br>Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

9AM Hour: SK Hynix Shares' Record Decline,  Altman-Musk Showdown, Oil Jumps 7/13/26

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[SPEAKER_06] Market insight and analysis. You're listening to the opening bell of CNBC's Squawk on the Street.

[SPEAKER_05] Good Monday morning. Welcome to Squawk on the Street. I'm Carl Quintanilla here with Jim Cramer, David Faber, a host of the New York Stock Exchange. S&P futures struggling to erase some losses here as the cost speed drops nearly 9% overnight. And we brace for a packed week of bank earnings, Warsh on the Hill, CPI, two-year yield near an 18-month high. Brent closing in on 80 as the U.S. and Iran trade fire and offer conflicting views about whether the straight-door moves is in fact open.

9AM Hour: SK Hynix Shares' Record Decline, Altman-Musk Showdown, Oil Jumps 7/13/26

Read the full transcript

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

9AM Hour: SK Hynix Shares' Record Decline, Altman-Musk Showdown, Oil Jumps 7/13/26

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.