Watch CNBC's Jim Cramer discuss retail earnings, Lucid's market valuation and more

Mad Money host Jim Cramer and the 'Squawk on the Street' discuss shares of Target and Lowe's after the pair reported their quarterly earnings on Wednesday ahead of the market open. Cramer explains why shares of Target are trading lower despite beating analysts' expectations. On Lucid, Cramer also breaks down why he's "gotten too excited" by the electric-vehicle maker.