The CEO of First Solar shares his reaction to President Trump&#x27;s newly announced tariffs on a key component for solar panels. Then, the CEO of Columbia Sportswear discusses how their tariff refund is impacting the business. Plus, the CEO of Wheaton Precious Metals joins after the company posted a record quarter.<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.

11AM Hour: First Solar CEO on New Tariffs, Columbia Sportswear CEO on Tariff Refund & Wheaton Precious Metals CEO on Earnings 8/7/26

Squawk on the Street

[SPEAKER_03] Good Friday morning, welcome to Squawk on the Street. I'm Carl Quintanilla with Seema Modi here at Post 9 at the New York Stock Exchange. Sarah Eisen is off today. An unexpected loss in jobs in July. We're going to break down what that signal means for the next Fed meeting as the major indices rise, going for a second straight week of gains.

[SPEAKER_06] And then the CEOs of First Solar and Wheaton Precious Metals will join us. First Solar getting a boost on newly announced tariffs and Wheaton jumping on the heels of a record quarter.

[SPEAKER_03] Plus, we'll talk to the CEO of Columbia Sportswear as the company receives more than $70 million in tariff refunds. How that's impacting the latest quarter, especially in the apparel business. As for the markets, best week for Dow S&P going back to April. Dow's adding on another 160 here, back above 7750. Most sectors are green with the exception of Staples, Financials and Energy as we do have Brent back to 83, a little bit higher this morning.

[SPEAKER_03] Getting some breaking news as well from the New York Fed for that one. Turn to Steve Leisman. Hey, Steve.

[SPEAKER_07] Carl, good morning. Yeah, short-term inflation expectations from the New York Fed's Consumer Expectations Report were down slightly and medium-long term were unchanged. Let's take a look at the numbers here. The one-year 3.6, that's down 0.1 percentage points. And unchanged on the three-year and five-year, which are the two numbers the Fed watches a little more closely. Still a little bit above expectations there. Good news for the Fed, they're not going up, but still a lingering problem that they remain elevated above the 2% target.

11AM Hour: First Solar CEO on New Tariffs, Columbia Sportswear CEO on Tariff Refund & Wheaton Precious Metals CEO on Earnings 8/7/26

Read the full transcript

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

11AM Hour: First Solar CEO on New Tariffs, Columbia Sportswear CEO on Tariff Refund & Wheaton Precious Metals CEO on Earnings 8/7/26

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.