Foot Locker Joins Retail Rout, Nvidia Countdown, Peloton Plummets 8/23/23

<p>Carl Quintanilla, Jim Cramer and David Faber began the show with a look at more pain for the retail sector: Foot Locker shares plunged after the company posted a revenue miss, slashed guidance and paused its dividend. That news coming one day after the worst session ever for shares of Dick's Sporting Goods -- and Nike extended its daily losing streak to nine. Also in focus: What to expect from Nvidia's after-the-bell earnings, Peloton shares plummet to record lows as results and guidance disappoint Wall Street, Abercrombie soars, Teamsters approve UPS contract, Toll Brothers lifts homebuilders.</p><p> </p><p><a href="https://www.cnbc.com/squawk-on-the-street-disclaimer/">Squawk on the Street Disclaimer</a></p>