2-Year Low Inflation, Debt Showdown, Airbnb Tumbles, Exclusive With Endeavor CEO Ari Emanuel 5/10/23

<p>Carl Quintanilla Jim Cramer and David Faber led off the show with market reaction to the April CPI report, which shows consumer inflation at a two-year low on an annual basis. The anchors also discussed the debt ceiling impasse, after Tuesday's meeting between President Biden and congressional leaders failed to remove the threat of a potential default as early as June. On the earnings front, Airbnb shares tumbled as the company's guidance overshadowed a quarterly beat, while Rivian shares surged on a narrower-than- expected quarterly  loss. Endeavor CEO Ari Emanuel joined the program to discuss everything from earnings to the UFC-WWE merger.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>