Our next guest is a dear friend and a best-selling author. Booyah. Long-term Squawkbox guy, long-term CNBC guy, Jim Kramer.Well, first of all, thank you for having me. I've known you both for a lot longer than your shows begin, but I love the show and you know, the 30th was one of the greatest parties. Congratulations to you because you have a book a long time in the making that I can't wait to read.I hope I can get a chance to do so. Fascinating. 1929.I remember when you and I went back from the days of La ...

Market Overview - US stocks are experiencing a record-setting rally, with the Dow up about 42 points, while the S&P 500 and Nasdaq have shown slight declines [3][105] - The energy sector is leading gains, with the XLE ETF up 1.5%, driven by rising oil prices due to supply concerns [5][6] - Deutsche Bank raised its year-end target for the S&P 500 to 7,000, citing resilient earnings despite inflation risks [7][8] Micron Technology - Micron reported a 46% year-over-year revenue increase and provided an optimistic forecast, driven by strong AI demand [20] - Despite positive results, Micron's stock is wavering as investors had already factored in expected performance, leading to selling on the news [21][22] - Analysts have raised price targets for Micron, with Rosenblad Securities setting the highest target at $250, indicating a potential 12% upside [59][60] Energy Sector - The energy sector is gaining traction, with investors showing interest in energy stocks amid rising oil prices and geopolitical tensions [5][6] - The XLE ETF's performance reflects a broader trend of investor preference for energy stocks, which have been highlighted as attractive investments [6][19] Telecom and Media - The return of Jimmy Kimmel has sparked discussions about the implications for media and telecom companies, particularly regarding political pressures and FCC independence [36][38] - Concerns are raised about the potential for political influence over telecom regulations, which could negatively impact the sector [39][41] Federal Reserve and Economic Outlook - The Federal Reserve's independence is under scrutiny, with implications for monetary policy and market reactions to political pressures [43][47] - Economic data expected later in the week could provide further direction for the markets, with a focus on the potential for continued growth in the financial sector [106][108] Financial Sector - The financial sector is navigating a new rate environment following the Fed's recent interest rate cuts, with banks experiencing a lack of loan demand [70][72] - Analysts suggest that banks with exposure to the mortgage market may be more attractive in the current climate, as capital return stories gain traction [71][72] - The potential for increased M&A activity in the banking sector is being discussed, although concerns about overpaying for targets remain [75][76] European Banking - European banking ETFs have significantly outperformed US banks, driven by stabilization in net interest income and growth in non-interest income [92][94] - Analysts remain bullish on European banking, expecting continued strong performance into the next year [95] AI and Technology Investments - The AI sector is seeing substantial investments, with companies like Nvidia and Oracle making significant moves in the space [27][32] - The interconnectedness of AI companies and chipmakers raises questions about potential vulnerabilities in the market [27][30] Housing Market - US new home sales unexpectedly jumped by over 20% in August, indicating a strong recovery in the housing market [67] - This growth suggests that home builders are successfully attracting buyers with aggressive sales incentives [67]

Shares of US rare earth producer MP Materials more than doubled since the company inked a deal with the US government back in July. You can take a look at this right now. As part of that agreement, the Department of Defense became the company's largest shareholder. Joining us now in an exclusive interview is MP Materials chairman and CEO Jim Latinski. It's good morning. Thank you, Andrew. Good morning. Um it's fascinating because you were actually one of the early examples of a situation where the governmen ...