David Faber and Jim Cramer led off the show with reaction to President Trump&#x27;s wide-ranging live interview on CNBC, including his take on the Iran war, Anthropic and Kevin Warsh — just ahead of the Fed Chair nominee&#x27;s confirmation hearing on Capitol Hill. Apple announced its hardware chief John Ternus will replace Tim Cook as CEO effective September 1, with Cook transitioning to executive chairman. The anchors discussed Cook&#x27;s legacy and Apple&#x27;s future — especially when it comes to AI. Also in focus: Amazon to invest another $25 billion in Anthropic, market reaction to earnings from the likes of UnitedHealth and GE Aerospace, Avis&#x27; red-hot rally rolls on.<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.

Pres. Trump CNBC Interview, CEO Change at Apple, Warsh Confirmation Hearing Day 4/21/26

Squawk on the Street

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**Podcast:** Squawk on the Street

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[SPEAKER_A] Comcast is delivering extraordinary experiences in live sports through the incredible broadcast and storytelling from NBC, innovative and personalized viewing features on Xfinity and Peacock, and the country's most reliable Wi-Fi. Viewers can enjoy every game-changing play faster and more seamlessly than ever, all on a network built to deliver unforgettable moments as close to live as possible. The ultimate experience for the American sports fan. Learn more at comcastcorporation.com/sports. Men are struggling with mental health at some of the highest rates we've ever seen, but most aren't getting the support they need, and that needs to change. I'm Dr. Guy Winch, your host for season 3 of The Visibility Gap, presented by Cigna Healthcare. This season, we're focusing on men's mental health, bringing together real stories and expert insight to explore the pressures men face every day and why opening up can feel so difficult. Join us for the new season wherever you stream your podcasts. Market insight and analysis. You're listening to the opening bell of CNBC Squawk on the Street. Good morning. Welcome to Squawk on the Street. I'm David Faber with Jim Cramer, live from Postland at the New York Stock Exchange. Carl has the morning off. We get started with trading 20 minutes from now, a little later than usual, of course, listening to the president's comments. And Jim, let's just get right into it this morning. Of course, a lot to cover here. Tim Cook obviously stepping down as the CEO as of September of this year of Apple. But before we get into the sort of the financial news of the morning, going over some of the president's comments here from a long-ranging interview with Joe, Becky, and Andrew. Great job. You know, not clear that there was anything new here in terms of for the market to digest when it comes to the war in Iran or the potential peace talks that are taking place. Are about to take place in Pakistan. I don't know if you heard anything different than how I'm characterizing it.

[SPEAKER_B] I think the president was— there was a very interesting line, which is when I hit 50,000, when I hit— I mean, this is kind of a person who is back looking at what the market's doing and how he's aligned with it versus obviously previous presidents. Looking at what is going to happen with Warsh, obviously wants lower interest rates, looking at the war and talking about companies that are helping, looking at AI and talking about what happened with Anthropic. So it's a wide-ranging interview, David. It talks about a lot involving the stock market, obviously thinks the world of Tim Cook. Is it— it's more of a I would say an expiation on some of the things he's been talking about. Yeah. And it's— there's no doubt about that. His confidence about what's going to happen with Iran is extraordinary.

[SPEAKER_A] Right.

[SPEAKER_B] Extraordinary.

[SPEAKER_A] As we see, we are pr...

Pres. Trump CNBC Interview, CEO Change at Apple, Warsh Confirmation Hearing Day 4/21/26

Transcript

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Pres. Trump CNBC Interview, CEO Change at Apple, Warsh Confirmation Hearing Day 4/21/26

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.