Michael Santoli and Sara Eisen kicked off the hour with the state of stocks following Fed Chairman Warsh&#x27;s hawkish press conference - and more on the key tech stories of the day, from Apple&#x27;s price hike warning to a new partnership sending Intel shares surging. Plus: oil prices falling as the U.S. and Iran sign a preliminary cease-fire deal, hear one energy market veteran break down the move and what could come next... along with more on how the Knick&#x27;s win could be a big opportunity for MSG shareholders as the team&#x27;s blockbuster celebration parade shuts down lower Manhattan.<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: Intel's Apple Gains, Carlyle's Energy Outlook, & Nothing But Net Profits?  6/18/26

Squawk on the Street

# Full Transcript

**Podcast:** Squawk on the Street

## Participants

- **Sara Eisen** (CNBC)
- **Michael Santoli** (CNBC)
- **Osin Kwan** (Wells Fargo)
- **Jeff Curry** (Carlisle; ABAX Markets)
- **MacKenzie Sigalos** (CNBC)
- **Emily Wilkins** (CNBC)
- **Brandon Ross** (Lightshed Partners)
- **Matt Bryson** (Wedbush)
- **Julia Borsten** (CNBC)
- **Frank Holland** (CNBC)

## Transcript

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[SPEAKER_06] Good Thursday morning again. Welcome to Squawk on the Street. I'm Sara Eisen with Michael Santoli today, live from Post 9 of the New York Stock Exchange. Carl has the morning off. Shares of Apple and Intel on the move. Apple planning to raise iPhone prices as memory and storage costs surge. Well, President Trump says the company is now working with Intel on chips. We'll explore what it all means for investors.

[SPEAKER_03] Plus, oil prices falling as the U.S. and Iran sign a preliminary ceasefire deal. Carlisle's Jeff Curry is with us. Find out why he thinks the challenge ahead may be greater than the war itself.

[SPEAKER_06] And investing in the Knicks as New York City celebrates the team's NBA championship. Investors and parent company MSG Sports, they're also celebrating a massive win. Shares are nearly up 100 percent in the past year and near record high. We're going to explore what's to come as CEO James Dolan moves ahead with split plans.

[SPEAKER_03] Right now, markets are rebounding from yesterday's afternoon decline following Kevin Walsh's press conference. First, as Fed chairman, S&P 500 up about 1 percent, led by the Nasdaq and most specifically chips. Once again, the market goes to its comfortable place of grabbing for the sort of higher beta semiconductor stocks up 6.3 percent, although it is broader. And some of the cyclical rate sensitive stuff that got hit yesterday afternoon is also bouncing back.

[SPEAKER_06] Is it your expectation there's just going to be a bumpier ride here if he's not going to give us forward guidance?

[SPEAKER_03] I think that's almost the point. Yeah. The ...

11AM Hour: Intel's Apple Gains, Carlyle's Energy Outlook, & Nothing But Net Profits? 6/18/26

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

11AM Hour: Intel's Apple Gains, Carlyle's Energy Outlook, & Nothing But Net Profits? 6/18/26

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.