All Episodes - Worldwide Exchange
Worldwide Exchange delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversation with key leaders, analysis of business and investor trends, and impact across international markets.
View Podcast Details1099 Episodes
Worldwide Exchange 5/6/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 5/5/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 5/2/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Spotlight on Big Tech, China - U.S. Tariff Talks? 5/1/25
Big Tech dominates the news this morning. Tesla emphatically denies a report that it's looking to oust Elon Musk. A judge rules that Apple violated an antitrust injunction — and that an executive lied under oath. Meanwhile, Meta and Microsoft take off on earnings. And later: all this — and a case of “he said, ‘Xi’ said” in the trade talk standoff between the U.S. and China — is helping to lift futures this morning.
Trade Tensions Fuel Uncertainty 4/30/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Auto Tariff Relief, Longest Win Streak, Key Consumer Report 4/29/25
The White House eases off the pedal when it comes to the auto sector and tariffs. Plus, the move that's helping U.S. stock futures — Wall Street is riding its longest daily win streak since the November election. And later, a leading indicator for the state of the consumer: the one number you need to watch when UPS reports its earnings later this morning.
Tariffs' Supply Chain Shake-Up 4/28/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Shares Surging, Rally Keeps Rolling, Tariff Carve-out Coming? 4/25/25
Alphabet takes off after its earnings, showing the tech giant remains in a strong position. Plus, That’s lifting futures this morning, as Wall Street looks to keep its rally going. And later, signs of possible easing in U.S.-China trade tensions—with a report that Beijing is considering fresh tariff carve-outs.
Google's AI Investment & Diversifying Trade 4/24/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump: No Plan to Fire Powell, China Tariffs Coming Down, Musk Refocusing. 4/23/25
Donald Trump does an about-face on Fed Chair Jerome Powell, and investors respond—sparking a wave of buying around the world. Plus, futures are solidly higher after the President suggests tariffs on China may come down. And later, Tesla rises after earnings, as Elon Musk signals it's time to get back to work.
Tuesday Turnaround, Trump's pressure on Powell, Tesla set to report 4/22/25
Stocks are trying to claw back some of yesterday's big losses, with futures solidly higher. Plus, President Trump's attacks on Jerome Powell continue to roil the markets, as investors question what a potential Fed Chair exit might mean. We'll explore. And later, Tesla kicks off the Magnificent Seven earnings. The key numbers you need to watch when results cross.
Futures Point to Lower Open, Dollar Pulling Back, Trump Powell Pressure Campaign 4/21/25
Investors are seeing red this morning, with futures pointing to a negative start to the new trading week.Plus, the "sell America" trade is hitting the dollar, which continues its pullback this morning.And later, what's hanging over the markets? President Trump's pressure campaign against Fed Chair Powell.
Digging Through the Chip Wreck 4/17/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Positioning Around Retail Sales, Ramifications of Trump Tariffs 4/16/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tariffs Incoming, Falling Out Of Favor, Trade War Impact 4/15/25
More tariffs could be on the way. The new targets: pharma and chips. Plus, tariff uncertainty is driving a record number of global investors away from U.S. stocks. What Bank of America says is the new top trade. And later, China reportedly takes actions against one of the major U-S Company as part of its U-S trade War.
Bitcoin’s Stabilizing Volatility, Global Trade War & Hedge Funds Volatility 4/14/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Health Policy Shifts, Outlook on Tariffs 4/11/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Where the Wealthy are Investing 4/10/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Sweeping Global Tariffs in effect. 4/9/25
Global stocks tumble as President Trump's tariffs take effect — including a 104% tariff on China.U.S. futures slip as the world’s two largest economies enter a high-stakes standoff.The pharmaceutical sector is also under pressure, as Trump signals that tariffs on that industry are coming next.
Rally Mode, Fight to the End, Billionaires Blast Tariff Tactic 4/8/25
Global Markets get some relief. U.S Futures point to triple digit gains at the open. Meanwhile, The bounce comes as the world's two biggest economies get into a stare down over trade. With China vowing to "Fight To The End. " And Later, the growing list of Billionaires lashing out against the tariffs.
Rising Recession Worries 4/7/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Markets Brace for More Volatlility 4/4/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Tariffs Spark Global Sell-Off 4/3/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Tariff Countdown 4/2/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Rising Cyber Threats, Tariff Fallout 4/1/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Volatility, Tariffs & Market Outlook 3/31/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Following The Money: Fund Flows 3/28/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
AI-Driven Growth, China Tariffs 3/27/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
How many exceptions, Tariff Talk, and Consumer Test 3/26/25
President Trump stands his ground on tariffs, saying he doesn't want too many carve-outs. Meanwhile, former Commerce Secretary Carlos Gutierrez will join us to discuss all things tariffs and our relationship with China. And later, a big test for the consumer with earnings from one retailer, which could indicate whether Main Street is tightening its belt.
Mixed Message, Lessons Learned? And Security Slip. 3/25/25
Not so fast. Wall Street take off on hopes of a more tempered tariff plan-but then, the President offers up a mixed message. Meanwhile, it was a big day for Tech. But a quarter century after the Dot-Com peak is there any similarities today or have investors their lesson? And Plus, forget TikTok. Why does another chat app find itself in the middle of a National Security issue.
China's Investment Strategy, Housing Concerns 3/24/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
FedEx, Nike & Recession Odds 3/21/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Small Business Uncertainty Rising, Recession Risks 3/20/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Markets Remain on Edge: Attacks on Tesla and Nvidia GTC Takeaways 3/19/25
Investors are grappling with uncertainty over potential changes to the Federal Reserve's balance sheet plan. Meanwhile, Elon Musk has addressed what the FBI and the President have labeled 'domestic terrorism,' following a series of attacks on Tesla dealerships nationwide. Later, Nvidia's major tech unveil will take center stage, as its implications for high-profile clients and partners come into focus.
Under Pressure, Nvidia's Moment, Developing Story 3/18/25
Two steps forward, one step back. Futures are slightly lower as stocks try to claw back from the recent selling. Are we finding a bottom? Plus, critical for the market today is Nvidia's big show and what it means for the beaten-down AI trade. And later, new developments in the Middle East, including a massive overnight strike by Israel into Gaza.
Nvidia’s Big Week Ahead; How AI is Impacting Venture Capital; Is Gold the Best Trade in 2025? 3/17/25
Mizuho analyst Jordan Klein discusses what investors want to hear from Nvidia and CEO Jensen Huang at the company’s annual GTC developers conference this week. Plus, Heather Hartnett of early-stage venture capital firm Human Ventures, talks about the current environment for VC and startup investing. And Standard Chartered’s Suki Cooper discusses what’s been driving the rally in gold to historic highs above $3,000 an ounce this year.
Apple's Stumble around AI Rollout, Downside Risks for Energy Prices 3/14/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tradable bottom close, Portfolio Protection, Deal in Jeopardy 3/13/25
Wall Street is showing jitters again this morning despite yesterday’s bounce—so is a near-term bottom close? Plus, an exclusive interview with one of the country's largest private health management firms and the advice they are giving clients. And Washington is adding to Wall Street’s concerns, as the Senate remains in a staring contest while the clock ticks toward a government shutdown.
CPI Preview, DeepSeek AI Impact, Hedge Funds Unwind 'Trump Trade' 3/12/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
A Wall Street Rout 3/11/25
A trillion dollars in tech gone in one day. Fears of a slowdown and recession are driving a selloff that has wiped out some four trillion dollars since the market peak just last month. Even the world's richest people aren’t immune.
Following Musk's Money, Europe & Trump's Tariff Risks 3/10/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump's Tariff Talk Shocks Markets 3/7/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Elon Musk's DOGE Dilemma, AI Arms Race Heats Up 3/6/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump's Tariffs, China's Stimulus Strategy & Health Stocks 3/5/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump's New Tariffs Take Effect 3/4/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Announces Crypto Reserve, Tariff Tensions Mount 3/3/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Market Uncertainty, Trade Policy & Federal Job Concerns 2/28/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Breaking Down Nvidia's Q4 Report, Foreign Aid Funding Fight 2/27/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Countdown to Earnings, Momentum Meltdown, Party-line Vote. 2/26/25
Countdown to Nvidia it's all-important earning that could decide the directions for your money for this week and beyond. Plus, Tesla gets kicked out of the one trillion-dollar club as the stock rides a multi-day losing streak. Other big Tech names were also hit hard. And Later, A super Micro surge as the company live to trade another day.
Tech Stocks Under Pressure, AI Regulations & Promoting Equity in Finance 2/25/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Market Enthusiasm Wanes Since President Trump’s Inauguration; Warren Buffett’s Reality Check for Wall Street; The World is Outperforming the U.S. Markets, Should You Look Overseas? 2/24/25
Stifel’s Brian Gardner discusses whether the breakneck speed of President Trump and Elon Musk’s takedown of the federal government is losing support in the financial markets. Plus, Warren Buffett sounds a warning for U.S. investors in his latest shareholder letter, we break that down with Bleakley Financial’s Peter Boockvar and Smead Capital’s Cole Smead. And, Chantico Global’s Gina Sanchez says there’s gains to be reaped from the election outcome in Germany.
China's Tech Resurgence, Retail's Tariff Challenges 2/21/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Pharma Sector, Stimulus Checks & Walmart's Report 2/20/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trio of Tariffs, Record Watch and Precious Rally. 2/19/25
President Trump lays out new tariff threats for three critical industries. Plus, investors are doing their best to take the President comments in stride. The S-P is coming off an all-time high. And later, Elon Musk is getting what he paid for a new evaluation for X.
Intel's Challenges, Meta's Onoing Run & The Tariff War 2/18/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Retail Sales, Remote Work Efficiency & Trump's Tariffs 2/14/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
China's Biotech Boom, Tariff Impact on U.S. Supply Chain 2/13/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
CPI Preview, Meta's Record Win Streak 2/12/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Heading to the Hill, New Executive Orders, D.C. Deadline 2/11/25
Fed Chairman Jay Powell looks to cut through the noise, kicking off two days of testimony on Capitol Hill. Plus, President Trump unleashes another flurry of executive actions targeting U.S. trade, government oversight, and business interests overseas. This morning, more allies turned rivals are responding. And Later, sticking with Washington, there's a looming D.C. deadline that could put Trump's aggressive executive agenda on ice.
President Trump Ratchets Up His Trade War Vs. Both Adversaries and Allies; Why Uber is on Citi’s Stock Shopping List; Shelling Out Big Bucks on Super Bowl Ads 02/10/25
Former chief of staff to Vice President Pence Marc Short weighs in on President Trump’s latest tariff threats, and Elon Musk’s efforts with his DOGE team to shrink government and gain access to sensitive data. Plus, Citi equity strategist says Uber is poised for more upside following its earnings report this month. And, the CEO of Accenture Song discusses the two ads the company created for the Super Bowl, and whether any ads really gain traction with viewers.
Big Tech's Performance, Amazon's AI Spending Plans 02/07/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump's Agenda vs. Fiscal Hawks 2/6/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tech Under Pressure, Musk's Growing Power in Washington 02/05/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
China retaliates, Stocks under pressure, Sounding the alarm 02/04/25
China retaliates within minutes against U.S. tariffs that went into effect just after midnight Eastern Time. The tariffs target U.S. natural gas, coal, crude, and more. China is also setting its sights on Google. Plus, Stock futures are under pressure as a result, following a wild day of trading yesterday. And while North American tariffs may be on pause for now, industry groups are still sounding the alarm over a rapidly changing and uncertain business climate.
The Impact of Tariffs on U.S. Manufacturers 02/03/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
DeepSeek Ripple Effect & Ongoing Trade Worries 01/31/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Big Tech's DeepSeek Concerns 01/30/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Investors on Edge, Earnings on Deck, DeepSeek Probe 01/29/25
Wall Street's Tuesday turnaround on this ice after Monday's DeepSeek sell-off. Futures are mixed. Plus, front and center for investors today: big tech earnings and what the new DeepSeek risks could mean for Tesla, Meta, and Microsoft. And later, counting down to today's Fed decision and what Jay Powell will have to say about Trump's first two weeks in office.
DeepSeek Shocks Red-Hot AI Trade 01/28/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Market View on Trump Week 1, Wall Street's Wall of Worry 01/27/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Financial Deregulation Under Trump, Potential Tarrifs 01/24/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Holding Near Records, $600 Billion Deal, Musk VS. Altman 01/23/25
Stocks are pulling back after the S&P 500 hit an all-time high intraday. It is now trading just below its December 6th record close. Plus, President Trump and Saudi Arabia are nearing a multi-billion-dollar, multi-year investment deal. We will discuss the impact from D.C. to Wall Street. Later, Elon Musk continues his feud with Sam Altman as OpenAI shifts further away from Microsoft.
NYSE Pres. on Crypto Demand, Netflix Surges & Trump Deregulation 01/22/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump's Second Act: Executive Orders and Global Reactions 01/21/25
Donald Trump retakes the White House, four years after his first term, with a wave of executive actions and orders targeting everything from energy and immigration to trade policy and regulation. Plus, The President is directing federal agencies to study U.S. tariff policy and promising blanket tariffs on two of the top U.S. trading partners. And later, The President is also sharing his vision for a U.S. manufacturing renaissance, with U.S. car production front and center. Global reaction ahead.
Wild Week For Tech, Decision On Deck, Developing Story. 1/17/25
One and done? Tech is under pressure once again as investor attention moves to different parts of the market. Apple sees its worst day in months. Plus, bracing for the Supreme Court decision on TikTok that could come as soon as today. And later, Israel approves the Gaza ceasefire deal after a tenuous 24 hours.
Big Tech Comeback, White House Warning, Critical Testimony. 1/16/25
Big Tech Comeback. The Magnificent Seven are doing something for the first time in more than two years as the NASDAQ snaps a five-session losing streak. Plus, White House Warning. President Biden gives an ominous outlook for the next four years in his farewell address. And later, critical testimony on the Hill today with Wall Street watching the man who could become the next Treasury Secretary.
Rise of the Machines in Silicon Valley?; AI Chip Startup CEO on Going Public; Gabelli Co-CIO Discusses A Top Name in Alternative Finance 1/15/25
Alex Kantrowitz of Big Technology weighs in on what Microsoft and Meta’s reported job cuts and hiring freeze means about the broader landscape for Big Tech. Plus, the CEO of AI chip startup Blaize discusses the decision to go public through a SPAC merger. And, Gabelli Funds Co-CIO Chris Marangi highlights one financial name that offers an alternative entry point into the sector.
Musk Deal? Confirmation Hearings, Relief Effort. 1/14/25
Musk to the Rescue? Reports this morning indicate that the Chinese government is in talks with the Tesla chief over the sale of TikTok's U.S. operations. Plus, a critical week of hearings is on tap for the President-elect's cabinet picks. And later, one government agency is key to the relief effort in the California wildfires.
Under Pressure, Meta vs. Apple, California Wildfires. 01/13/25
More red arrows for Wall Street after the worst day in nearly a month. Futures under pressure. Plus, Mark Zuckerberg goes after Apple and Tim Cook for a lack of innovation and what he calls arbitrary rules. And later, the response to the California wildfires is getting more and more political with one week to go until Inauguration Day.
Under Pressure, Trump Landgrab, California Wildfires. 01/10/25
Stock futures under pressure to cap off what’s been a rough week for Wall Street. Then, from Canada to Greenland to the Panama Canal, the reasons behind Donald Trump’s fixation and the possible outcomes. And, plus, the growing costs of those devastating California wildfires.
California Wildfires, Tentative Port Deal, Remembering Carter 01/06/25
The deadly wildfires in LA continue to spread, now burning in the famed Hollywood Hills. A live report this hour. Plus, a tentative port deal is reached to avoid a strike at major U.S. ports from New York to Houston. And later, the stock market is closed as Wall Street and the nation remember Jimmy Carter.
Industrials' 2025 Outlook, Palantir's Rocky Start, Meta's Shift in Strategy 01/08/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Massive Opportunity, Geopolitical Wildcard, Port Talks Today. 01/07/25
NVIDIA CEO Jensen Huang teases the latest AI frontier, calling it a multi-trillion-dollar opportunity. Plus, A geopolitical wildcard. Investors and governments grappling with Elon Musk and his X feed and a warning of what the next four years could bring. And later, a developing story as port workers and operators meet for the first time in weeks to avoid a potential strike.
Risks of Another U.S. Ports Strike, Jobs Report Preview 01/06/25
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Speaker Showdown, Steel Deal Blocked, Blowout: One Year. 01/03/25
House Speaker Mike Johnson faces his latest leadership test in a crucial vote today. Why investors should be paying attention. Plus, shares of U-S Steel lunging on reports President Biden has made a decision on the proposed 15 Billion Dollar takeover by Nippon. And later, nearly one year since the Boeing door plug blowout the stock still struggling to recover.
Terror In New Orleans, Cybertruck Blast, and Post Strike Countdown 01/02/25
Police are investigating a truck attack that killed 15 people and left many more hurt. Plus, Investigators are also looking into a possible link to a cybertruck explosion at a Trump Hotel in Las Vegas. And later, the countdown is on to a possible port strike that could stop operations from Boston to Houston.
Who Will Lead the Markets in 2025?; Where the Ultra-Wealthy Are Looking to Invest in the New Year; Will There Be a Boom in M&A Under President Trump? 12/31/24
Franklin Mutual’s Katrina Dudley discusses whether the sectors that powered the market’s gains this year will continue to lead the way in 2025. Plus, Barbara Goodstein of R360 highlights some areas where the club’s ultra-wealthy members may invest some of their money in the new year, and whether they’ll emulate moves by Warren Buffett. And, Chanel Frazier of CHF Ventures discusses where she’s advising her private equity and venture capital clients to target investments, as dealmaking is poised to pick up.
The Fed's Path in 2025 12/30/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Top Geopolitical Risks for 2025, Quantum Pure Play vs. Big Tech 12/27/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
AI Software Standouts in 2025, Apple Nearing $4 Trillion Valuation, Netflix's NFL Streaming Debut 12/26/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Netflix's Push into Live Sports, What Lies Ahead for Energy in 2025 12/24/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Starbucks Union Strike, Apple's Momentum & iPhone Demand 12/23/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Market Sentiment Sours as Congress Faces Shutdown Deadline; FedEx and Nike Seeing Light at the End of the Tunnel?; Tiffany McGhee’s Naughty & Nice Stock List 12/20/24
Former White House Legislative Affairs Director Marc Short discusses how Congress and the incoming Trump administration moves forwards on spending bills to keep the government funded. Plus, two top analysts weigh in on FedEx and Nike’s latest results, and whether the stocks are poised for a rebound. And, Pivotal Advisors’ Tiffany McGhee has two retail stocks on her holiday naughty & nice list.
Global Upheaval & Your Money; Mark Zandi’s View on the Fed; Trading the Technical Breakdown on UNH 12/18/24
Terry Haines of Pangaea Policy Advisory discusses how investors should view political turmoil in Canada, Germany and France. Plus, Moody’s Analytics chief economist Mark Zandi previews what the Fed is expected to do versus what it should do. And, CappThesis president Frank Cappelleri explains why a potential rebound in shares of UnitedHealth can be tied to the fortunes of Boeing’s stock.
Holiday Shopping, Bitcoin & Broadcom's All Time High 12/17/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Battleground Stock: Adobe; Former Walmart U.S. CEO on the State of the Consumer; Time to Trim Mega-Caps From Your Portfolio? 12/16/24
A Bull-Bear debate on Adobe, as investors are concerned it’s not yet seeing major gains from AI. Plus, former Walmart U.S. CEO Bill Simon discusses the holiday shopping season, consumer trading down, and the impact of potential Trump tariffs. And, KKM Financial’s Jeff Kilburg says it may be time to trade in profits on big tech for industrials and materials.
Commercial Real Estate, Chips Rally & 2025 IPO Pipeline 12/13/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nasdaq 20.000, Next Market Milestone, Decision on Deck 12/12/24
Futures are lower this morning after the Nasdaq crosses 20 thousand for the first time. Plus, first it was AI and now the latest craze sweeping Wall Street, Quantum Computing. And later, the Fed comes next week today, two other major central banks decisions in Europe.
Back to back losses, Antitrust Push, Powell Secure 12/11/24
Stocks are coming off their back-to-back losing sessions in weeks ahead of today's inflation report. Plus, Washington's antitrust wave hits Wall Street sending shares of names you are sinking. And Later, Trump's treasury picks back Jay Powell to finish out his terms as Fed Chairman.
China's Vow to Boost Growth 12/10/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tariff Man, Crypto Caution, Record Contract 12/9/24
President Elect Donald Trump doubles down on his promise of tariff and offers a new take on the future of the Fed. Plus, why is one money manager is urging crypto caution with Bitcoin at all-time highs. And later, Billionaire Steve Cohen closes the deal - with the richest contract in sports History.
Fall From Records, Jobs Day, Crypto Czar. 12/6/24
Stocks pull back from all-time highs but are still on pace for a third straight winning week. Plus, key today will be the November jobs report, pivotal just days ahead of the Fed's final rate decision of 2024. And later, President-elect Trump makes good on his promise to name a White House Crypto Czar.
Can “DOGE” Reach The $2 Trillion Target for Spending Cuts?; Oil Prices & Washington Wild Cards; AI Outlook From the CEO of Uniphore 12/5/24
Market contrarian David Woo discusses whether the Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy, can meaningfully cut government spending without touching entitlements or defense. Plus, RBC’s Helima Croft contrasts what OPEC+ can do with oil production and prices against President-elect Trump’s aim of boosting U.S. drilling. And, the CEO of Uniphore, one of the world’s top emerging AI technology companies, discusses the outlook for the fast-growing market.
Salesforce Q3 Revenue, The U.S. Supply Chain 12/4/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Rate Riks, Legal loss, Auto Upheaval. 12/3/24
New concerns from a key voting member of the FED about the Central Bank's next move. Plus, a judge throws out a massive pay package for Elon Musk again. And later, there was upheaval in the auto sector. What former Ford CEO Mark Fields says about the major shifts in the industry.
Best month of the year, 100% tariff, Musk vs OpenAI. 12/2/24
Futures lower to start December following stocks' best month in a year. Plus, President-elect Trump threatens new tariffs on BRIC countries, sending the U.S. dollar surging. And later, Elon Musk makes a new push to stop OpenAI's transformation into a for-profit company.
Final November Traders, Black Friday: Early Look, Energy on Alert 11/29/24
Getting set for the final trading day of the month with stocks hovering near all-time highs. Plus, Black Friday is officially here, and fresh data coming in shows rising prices not swaying consumers. And later, energy traders are monitoring the first days of the Israel-Hezbollah ceasefire, with reports that both sides have already violated the deal.
Record Watch, Inflation on Deck, Key Cabinet Pick 11/27/24
The anxiety over potential tariffs eases, and stocks rally back into record territory. Key today will be the November PCE report, one of the most important reads ahead of next month’s Fed decision. Additionally, President-Elect Trump has made another key appointment to his economic team.
Investing Around Trump Policies 11/26/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Treasury Pick, Spend Trends, Blockbuster Weekend 11/25/24
President elect Trump, name his pick for Treasury in Hedge Fund Manager Scott Bessent. Plus, A big week for retail and a new report out today on key holiday spend trend. And later, defying gravity at the box office means a big win for what’s been an otherwise stagnant sector.
Stock’s Strong Week, Earnings Alert, Record Run 11/22/24
Back in the black: Stocks are trying to keep their weekly winning streak alive, though futures are mixed. Plus: Retail is doing its part, with Gap and one discount retailer seeing shares surge. And later: Closing in on 100,000—a look at the stocks riding Bitcoin’s record rally.
Falling Short, ETF Asset Surge, $6m Banana 11/21/24
Nvidia sales doubles but its outlook isn’t enough to satisfy the street’s lofty expectations. ETF Assets surge as massive bets on Bitcoin pay o in a big way, and what the new crypto wealthy are apparently doing with their hard-earned cash…6 million dollar banana anyone?
Major Market Mover, Retail Records, Cable Spinoff 11/20/24
Investors getting set for what could be the biggest market moving event since the election when Nvidia reports its latest quarterly results today. Shares of Walmart primed to open at all-time highs as another big consumer name gest set to report before the open. Plus, sources tell CNBC-Comcast is giving the green light to a massive spinoff of its cable networks. What it means for investors – and the industry.
Palantir, Walmart & Ukraine Conflict 11/19/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Trade Trouble, Key Cabinet Picks, Face-To-Face 11/18/24
Stocks coming off their worst session in two weeks as investors re-evaluate their post elections excitement in favor of new policy unknowns. Plus, The President elects out with a number of new cabinet nominations this morning, While Elon Musk weights in on the debate over Trump’s potential Treasury Secretary pick. Finally, what could be their final face to face. Current President Joe Bien meets with China’s Xi Jinping. The two with a strong message for the incoming administration.
Powell Shockwaves, Trump Trade Trouble, and Key Week For Retail 11/15/24
Fed Chairman Jay Powell sends shockwaves through Wall Street, Hitting at a possible scaled back rate cutting timeline. Plus, The Trump trade alive and well in a very different way as key cabinet nomination sends specific baskets of stocks sinking. And a big week ahead for the retail and the names that should be on your shopping list.
Disney Focuses on Streaming Growth & CEO Succession 11/14/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Trade 2.0: Technical Take, Metal Sell-Off 11/13/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tariff Risks, Home Depot Results 11/12/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
The Wealthy's View on Trump Win 11/11/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Trump Oil Policy, Crypto's Election Influence 11/08/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Fed Policy & Tech's Outlook Under Trump 11/07/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Election Day Advisor Insights 11/05/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Berkshire's Apple Stock Selling, the Future of Chips & Boeing's Cash-Flow 11/04/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Why A Top Economist Says the Job Market Has Slowed, But Isn’t Signaling a Recession; Analysts Weigh In On Apple and Amazon’s Earnings; Your Money Your Vote: Why Immigration & Border Security Matters
Milken Institute economist Bill Lee discusses how today’s jobs report will impact the Fed’s rate decision next week. Plus, top analysts from Mizuho and TD Cowen highlight the key takeaways from Apple and Amazon’s earnings. And, CNBC’s Emily Wilkins reports from the battleground state of Arizona, on why immigration and border security are major issues for many business owners.
What Today’s Inflation Data Will Mean for Next Week’s Fed Meeting; Trading the Earnings from Two Tech Giants; Visa’s Holiday Spending Forecast 10/31/24
PGIM Economist Tom Porcelli discusses what will be most important for the markets and the Fed to look for in today’s PCE report. Plus, Wedbush’s Joel Kulina breaks down the key takeaways from Meta and Microsoft’s results. And, Visa chief economist Wayne Best unveils the company’s holiday spending forecast, and whether consumers will be shelling out more for gifts this year.
Potential Catalysts that Could Impact the Markets and Fed Meeting Next Week; Using Options to Hedge Against Downside Risk; A View From the Top: What a Fast-Growing Whiskey Brand Says About Consumer Demand 10/30/24
Apollo Global Chief Economist discusses how a slate of economic data over the next several days could impact what the Fed does when it meets the day after the election. Plus, RBC’s Amy Wu Silverman outlines an options strategy for investors to hedge risks in the equity markets. And, the co-founder & CEO of Uncle Nearest Whiskey, the fastest-growing whiskey brand in the U.S., talks about trends in the spirits market and whether demand is moderating following the early days of the pandemic.
How the Markets Are Gaming The Election; Are the Mag 7 Still the Names to Own?; Piper Sandler’s Top AI Infrastructure Names 10/29/24
Henrietta Treyz of Veda Partners and Ben Emons of FedWatch Advisors discuss whether the markets are misreading the race for the White House, and which sectors could be in favor depending on the outcome. Plus, Nancy Tengler of Laffer Tengler Investments says the mega-cap tech stocks still deserve a place in every investor’s portfolio. And, Piper Sandler’s James Fish lays out which names are the top of the heap in the AI infrastructure space.
How the Markets Are Bracing for the Election With One Week to Go; Oil Prices Tumble Following Israel’s Retaliatory Strike on Iran; Dining Out on Restaurant Stocks 10/28/24
Tina Fordham of Fordham Global Insight discusses how investors are bracing for the outcome of the U.S. election with just over a week to go. Plus, Amrita Sen of Energy Aspects talk about longer-term trends in oil prices now that Israel has conducted a strike on Iran. And, Morgan Stanley analyst Brian Harbour highlights which restaurant stocks investors may dine on this earnings season.
The Ripple Effects of a Blocked Retail Merger; Are There Opportunities in Commercial Real Estate?; An “Underappreciated” Name in AI 10/25/24
Why a judge’s decision to block Tapestry’s more than $8 billion acquisition of Capri Holdings could send chills throughout the M&A space. Plus, Franklin Mutual Advisers identifies sectors of the commercial real estate market where investors could find opportunity. And, the CEO of software maker Pegasystems discusses the company’s push further into generative AI.
Microsoft Copilot AI, the Future of Starbucks & Tesla's Profit Beat 10/24/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tesla Q3 Results, Boeing Union Strike & MAG 7 Stocks 10/23/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Presidential Politics & Gaming, Defense Sector Surges 10/22/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Activist Alert, Strike Progress, and Stimulus Boost. 10/21/24
From airlines to consumer goods, outspoken investors are making their voices heard and moving a number of stocks ahead of the open. Plus, Boeing makes inroads toward a possible end to its months-long union strike. And later, China keeps the stimulus machine pumping with another fresh round of easing measures.
Netflix Shares Surging, Wall Street Extending Win Streak, Intel Seeking A Deal. 10/18/24
Netflix shares on the rise this morning after wowing investors with its quarterly results. Wall Street on track for their sixth straight week of gains. Finally, Intel apparently looking for an investor for one of its chip units.
From Frankfurt to Wall Street, Travel Stock Pop, Netflix Earnings 10/17/24
Investors are bracing for key market-moving events, including retail sales and a potential rate cut from the European Central Bank, its first back-to-back cut in over a decade. Also, travel stocks rise as Uber explores a possible super app, and later, key numbers to watch when Netflix reports after the close.
Bank Earnings, Transport Sector & Musk Donates to Pro-Trump Pac 10/16/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Proceed with Caution on Rate Cuts, Nvidia record numbers and Bank Earnings results 10/15/24
A top Fed official says the central bank should proceed with more caution on rate cuts. Nvidia is closing at a fresh all-time high, its first since late June, as Wall Street gears up for earnings season. Finally, it's a big day for the big banks, with Goldman Sachs, Bank of America, and Citi reporting results today.
The Markets Round Off Last Week on a High, Boeing goes into crisis mode, and Elliott Hill Takes Top Job at Nike 10/14/24
Stocks are kicking off a new week of trading at all-time highs as traders look ahead to earnings and the next market catalyst. Boeing enters crisis mode with no end in sight for its union strike. Also, Elliott Hill officially takes the top job at Nike today, succeeding John Donahoe.
U.S. Markets Pull Back from Record Highs, Elon Musk Unveils Tesla Cybercab, and Best Q4 Investment Ideas 10/11/24
U.S. markets pulled back from record highs, and Gina Sanchez, CEO of Chantico Global, joins to discuss. Elon Musk unveiled Tesla's "Cybercab" last night in Los Angeles, and Eirik Hogner, Partner and Deputy Portfolio Manager at Clean Energy Transition, shares insights. We also explore the best Q4 investing ideas with Malcolm Ethridge closing out the week.
Stocks Putting in Another Strong Session; Tesla Will Finally Unveil Its Robotaxi Prototype 10/10/24
Tesla is unveiling its first Robotaxi prototype after years of anticipation. Garrett Nelson, Senior Analyst at CFRA, joins us to discuss this and the S&P 500's record 44th high. Clare Pleydell-Bouverie, Fund Manager at Liontrust, will share her insights. Plus, KKM Financial's Jeff Kilburg will reveal an under-the-radar tech name to watch for Q4.
Spending Pulse Update, Stocks Set to Outperform in Late 2024 and Tech Stocks Lead Market Rally 10/09/24
New jobs in retail and dining show Americans haven't wrapped up their post-pandemic spending sprees. Michelle Meyer explains. Plus, our week-long look at the best investing ideas for Q4, with Blue Line Futures' President, Bill Baruch. He will tell us more about it. And the markets are coming off a winning session with tech stocks—Stephanie Link discusses.
Rising Cost of Hurricane Helene, The Growth of Game Makers & Early Holiday Deals 10/08/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Israel's Next Move vs. Iran 10/07/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
September Jobs Report Preview 10/04/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Renewed Volatility Impacting Markets 10/03/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Oil Spikes on Iran Missile Attack & Investors Wall of Worry 10/02/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Port Strike, Supply Chain Disruptions & Nike Earnings 10/01/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tracking the China Stock Surge 09/30/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Economic Impact of Port Strike, Chinese Stock Caution & PCE Preview 09/27/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Micron's Upgraded Outlook, AI's Rise & Growing Energy Needs 09/26/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tracking Nuclear Power Sector Run 09/25/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tracking Wall Street's Record Rally 09/24/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Fed Rate Cuts, Mortgage Rates & Rising Oil Prices 09/23/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nike’s Leadership Change, FedEx’s Lowered Guidance & The Fed's Rate Cut 09/20/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Post-Fed Decision Investment Strategy 09/19/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
The Fed's Big Rate Decision 09/18/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Salesforce's Growing AI Ambition, August Retail Sales & Trump's New Crypto Venture 09/17/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Political Violence & Election Outcomes 09/16/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Boeing Worker Strike, Healthcare Driven by AI & Robotics 09/13/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange+ Palantir CEO Alex Karp 9/12/24
NBC’s Frank Holland sits down with Palantir CEO Alex Karp to discuss joining the S&P 500, the company’s AI platform conference, and more.
Adobe's Earnings & Cloud Spending; What Kroger's Results Say About the Consumer; Will A Rate Cut in Europe Cause Red-Hot Stocks to Stall Out? 09/12/24
A top analyst weighs in on how Adobe stacks up against Oracle with demand for cloud services and AI. Plus, Kroger's earnings could offer insight into the health of the consumer. And, will a rate cut by the ECB impact the red-hot run for the "Super 7"?
August CPI Report & Presidential Debate Analysis 9/11/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Fed Rate Cuts' Banking Impact 9/10/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
The September Effect & Implications of Apple Event 9/09/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
August Jobs Report, Presidential Fundraising & AI Chip Spending 9/06/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Uncertainty of Fed Rate Cuts & The Business of the NFL 9/05/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Chip Industry Under Pressure & Recent Market Sell-Off 9/04/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Retailers Capitalizing on Value 9/03/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Fed Rate Cut Hopes & Tracking the Transport Bounce-Back 8/30/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nvidia & The Early Stages of AI 8/29/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nvidia Results & Global Outage Financial Impact 8/28/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nvidia Earnings Preview & The Health of the Consumer 8/27/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Demand for AI & Fed Rate Cuts 8/26/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Crypto's 2024 Financial Influence, Nvidia & Fed Rate Cut Expectations 8/23/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Harris vs. Trump on Business & Earnings from Walmart and Target 8/22/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Home Depot, Lowe's & The Consumer 8/21/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Lowe’s Q2 Earnings, Crude Prices & Gaming Operations Eyeing Brazil 8/20/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Volatility in Focus & Expectations of a Fed Rate Cut 8/19/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Wall Street's Moves Around Crypto & The American Consumer 8/16/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Walmart’s Q2 Results 8/15/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
NY Republicans Eye Salt Cap Reform 8/14/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Key Inflation Reports, Home Depot Earnings, and Mixed Market Action 8/13/24
Investors are in a wait-and-see mode ahead of two key inflation reports this week. Regions Wealth Management's Alan McKnight explains. Plus, Home Depot reports earnings today, offering insight into the state of inflation and the economy. KKM Financial's Jeff Kilburg tees up the results. And, markets are coming off yesterday's mixed session. Powers Advisory Group's Matt Powers discusses.
Pulse of the Consumer, Disney's Theme Park Plans, and Fed Independence 8/12/24
It could be a make-or-break week for the markets as the consumer takes center stage. Mizuho's David Bellinger discusses. Plus, Disney has unveiled massive plans for its theme parks. Seaport Research's David Joyce dives into the key takeaways. And, Donald Trump and Kamala Harris have differing takes on whether the Federal Reserve should be independent from the White House. FedWatch Advisors' Ben Emons explains.
Travel Segment Slowdown, Real Estate Rebound, and the Case for Dividends 8/9/24
Expedia is warning of a slowdown in demand for travel, becoming the latest company to raise those red flags. Milken Institute's Bill Lee and Innovator Capital Management's Tim Urbanowicz discuss. Plus, lower rates could be a boon for the real estate market. Hines' David Steinbach lays out what he's seeing. And, which stocks should investors plan to ride once the easing cycle begins? Ned Davis Research's Ed Clissold makes the case for dividends.
Small-Cap Trade, Freight Market Softness, and Weight-Loss Drug Pricing Pressures 8/8/24
Small and mid-cap stocks are in correction mode after posting one of their best July's ever. MapSignals' Alec Young lays out how to play the space. Plus, RXO says a soft freight market is weighing on revenue. CEO Drew Wilkerson explains. And, Eli Lilly reports results today after rival Novo Nordisk warned of pricing pressures in the weight-loss drug industry. Tema ETFs' Maurits Pot discusses the outlook.
Disney Earnings, Harris' Running Mate, and GXO Record Revenue 8/7/24
Disney reports earnings this morning, one day after the company announced price hikes for Disney+, Hulu, and ESPN. Lido Advisors' Gina Sanchez previews the results. Plus, Vice President Kamala Harris has chosen Minnesota Governor Tim Walz as her running mate. American Enterprise Institute's Jimmy Pethokoukis explains. And, GXO reported record revenue during its most recent quarter. CEO Malcolm Wilson discusses.
Portfolio Protection, Utility Stocks Pop, and Caterpillar Earnings 8/6/24
The ongoing market volatility has investors scrambling to find ways to protect their portfolios. Apex Financial's Lee Baker lays out his investment strategy. Plus, in the sea of red, the utilities sector has managed to eke out a gain in the past week. Mizuho's Anthony Crowdell makes the case for the sector. And, Caterpillar reports earnings before the bell today. CFRA's Jonathan Sakraida tees up the results.
Heavy Selling Pressure, Tech’s Worst Drop in 2-Years, and Berkshire Dumps Apple 8/5/24
Futures are pointing to more selling pressure today following Friday’s decline. An all-star panel of strategists discusses where to position from here. Plus, tech is coming off its worst drop in two years, with all Magnificent 7 stocks excluding Apple now in correction territory. Laffer Tengler Investments’ Nancy Tengler lays out what comes next. And, Apple may be safe from correction for now, but Berkshire Hathaway has sold nearly half its stake in the company. R360’s Barbara Goodstein explains.
Intel Sinking, Apple and Amazon Under Pressure, and the Monthly Jobs Report 8/2/24
Global markets are under pressure as Intel weighs on the Dow. Wedbush's Matt Bryson explains. Plus, Amazon and Apple are also lower following their earnings reports. Clockwise Capital's James Cakmak discusses. And, the monthly jobs report comes with even higher stakes following a string of weak economic reports. The Conference Board's Steve Odland gives his expectations.
September Cut Incoming, Meta Shares Surge, and Second Trump Presidency 8/1/24
The Fed says a September rate cut is likely after keeping borrowing costs steady during its latest meeting. Moody's Analytics' Mark Zandi explains. Plus, shares of Meta are popping after the company reported a 22% increase in revenue. Visible Alpha's Melissa Otto and Cleo Capital's Sarah Kunst dig into the quarter. And, what could a second Trump presidency mean for the economy? Evercore ISI's Krishna Guha gives his take.
Fed Decision Today, Microsoft's Cloud Miss, and Starbucks Same-Store Sales Decline 7/31/24
The Fed is largely expected to keep rates steady at its meeting today. Apollo's Torsten Slok and Wall Street Journal's Gunjan Banerji preview the decision. Plus, shares of Microsoft are lower after the company reported its first miss on cloud revenue since 2022. Bernstein's Mark Moerdler explains. And, Starbucks shares are popping despite a decline in same-store sales. Wedbush's Nick Setyan digs into the results.
Busiest Week of Earnings Season, AI's Investing Impact, and Central Bank Triple Threat 7/30/24
It's the busiest week of earnings season, with a third of the Dow and S&P 500 set to report. KKM Financial's Jeff Kilburg tees up results from Microsoft. Plus, investors will be on the lookout for any mentions of AI within those reports. Morningstar CEO Kunal Kapoor discusses what his business is seeing. And, the Bank of Japan and Federal Reserve kick off a flurry of central bank decisions. Goldman Sachs' Tomohiro Ota explains.
Big Tech Earnings, Critical Week for Markets, and McDonald's Results 7/29/24
The recent rotation out of big tech faces its next test as four of the Magnificent 7 stocks get set to report earnings. Wedbush's Dan Ives gives his expectations. Plus, it's a critical week for the markets, with the Fed meeting and monthly jobs report on tap. Carson Group's Ryan Detrick and Clough Capital's Vince Lorusso discuss. And, McDonald's is also out with results today. Morgan Stanley's Brian Harbour tees up the numbers to watch.
June PCE, Energy & the Election, and the State of Health Care 7/26/24
Investors are preparing for the latest look at inflation with PCE out this morning. Former Fed Vice Chairman Roger Ferguson tees up the report. Plus, Former President Barack Obama is endorsing Vice President Kamala Harris in her bid for the White House. RBC's Helima Croft explains what a Harris presidency might mean for oil prices. And, shares of Universal Health Services are coming off a new 52-week high following strong second quarter earnings. CEO Marc Miller discusses.
Worst Stock Sell-Off Since 2022, AI-Proofed Portfolio, and Luxury Sector Slowdown 7/25/24
Stocks are coming off their worst day since 2022. Bleakley Financial Group's Peter Boockvar, MRB Partners' Phillip Colmar, and InfraCap's Jay Hatfield discuss. Plus, how can investors AI-proof their portfolio? Chantico Global's Gina Sanchez gives three stocks to watch. And, a luxury slowdown is sweeping across Europe. TEMA ETFs' Javier Gonzalez Lastra explains.
Tesla's Fourth Straight Miss, Alphabet's Ad Sales Decline, and Big Tech's Market Drag 7/24/24
Tesla shares are sinking after the EV maker missed earnings estimates for the fourth straight quarter. CFRA's Garrett Nelson explains. Plus, Alphabet is also under pressure as investors focus on the decline in YouTube ad sales. Wolfe Research's Shweta Khajuria dives into the report. And, the drag on Big Tech is weighing on the rest of the market. Delancey Wealth Management's Ivory Johnson and Pivotal Advisors' Tiffany McGhee discuss.
Busy Day of Earnings, Tech Stocks Rebound, and the Manufacturing Economy 7/23/24
It's a busy day of earnings, with Alphabet, Tesla, and UPS all reporting today. NorthStar Asset Management's Nimrit Kang, GraniteShares' Will Rhind, and Bank of America's Ken Hoexter tee up the numbers to watch. Plus, the S&P 500 is coming off its best day in more than a month as tech stocks rebound from last week's sell-off. The Wealth Consulting Group's Jimmy Lee and Truist's Keith Lerner explain. And, what is the manufacturing sector signaling about the overall economy? Snap-on CEO Nick Pinchuk weighs in.
President Biden Drops Out, Global IT Outage, and Busy Week of Earnings 7/22/24
President Biden has ended his re-election campaign and is now endorsing Vice President Kamala Harris as the Democratic nominee. Fordham Global Foresight's Tina Fordham and Stifel's Brian Gardner give the latest. Plus, companies around the world are still reeling from Friday's global IT outage. Tenable CEO Amit Yoran discusses what this means for the broader cyber security landscape. And, investors are awaiting a busy week of earnings and economic data. Citi's Steven Wieting explains.
Nasdaq Rebound, Netflix Earnings, and Navigating Volatility 7/18/24
The Nasdaq is pointing towards a possible rebound this morning after logging its worst one-day loss since 2022. GAM Investments' Paul Markham discusses. Plus, Netflix is expected to add fewer subscribers this quarter compared to last. Main Street Research's James Demmert tees up the report. And, how should investors navigate this latest bout of volatility? Bone Fide Wealth's Douglas Boneparth weighs in.
Global Chip Stocks Sinking, Dow Transports Record, and Data Center Spending 7/17/24
Global chip stocks are sinking on reports the U.S. is considering tougher trade restrictions on China. Callan Family Office's RaeAnn Mitrione and G Squared Private Wealth's Victoria Greene discuss. Plus, the Dow Transports is coming off its best daily performance since mid-November. XPO CEO Mario Harik lays out what his business is seeing. And, a new report from Gartner forecasts a 24% increase in spending on data centers this year. MongoDB CEO Dev Ittycheria digs into the outlook.
Trump's VP Pick, Regional Bank Earnings, and Consumer Warning Signals 7/16/24
Former President Donald Trump has tapped Senator J.D. Vance as his running mate. Veda Partners' Henrietta Treyz discusses. Plus, as the big banks wrap up second quarter earnings, attention now turns to the regionals. ServisFirst Bank CEO Tom Broughton lays out what his company is seeing. And, a number of retailers are sending warning signals around the consumer. R5 Capital's Scott Mushkin and Jane Hali & Associates' Jessica Ramirez explain.
Assassination Attempt on Former President Donald Trump 7/15/24
Global investors are working through this weekend’s assassination attempt on Former President Donald Trump. In a rare prime time oval office address, President Biden struck a similar tone, telling Americans it’s time to lower the temperature around political discourse. Futures are broadly higher as markets weigh shifting sentiment across the country.
Big Bank Earnings, Biden Defiant, and Fixed Income Outlook 7/12/24
JPMorgan, Citi, and Wells Fargo kick off second quarter earnings season. Argus Research's Stephen Biggar tees up the results. Plus, President Biden is remaining defiant in his fight to keep his campaign afloat. Raymond James' Ed Mills explains. And, the prospect for rate cuts could be a boon for fixed income investors. Goldman Sachs Asset Management's Gurpreet Garewal discusses.
June CPI, Oppenheimer's Best Smidcap Ideas, and Inflation's Consumer Impact 7/11/24
Today's CPI report is expected to show a slight increase in headline inflation on a monthly basis. Bank of America's Aditya Bhave gives his forecast. Plus, Oppenheimer is out with its Best Smidcap Ideas list. Jed Kelly makes the case for Genius Sports. And, sticky inflation may be taking too big a toll on consumer spending. Compass Diversified CEO Elias Sabo explains what his business is seeing.
Rate Risk for Markets, AI Alternatives, and Japan's Rally 7/10/24
Fed Chair Jay Powell says keeping rates restrictive for too long poses a risk to the labor market. Blanke Schein Wealth Management's Robert Schein and Payne Capital Management's Courtney Garcia dive into the impact on the markets. Plus, the AI trade continues to drive the S&P 500 and Nasdaq to record highs. Citi's Drew Pettit recommends alternative names to hedge against the exponential growth rates. And, it's not just the U.S. – Japan's stock market is experiencing a rally of its own. Neuberger Berman's Kei Okamura discusses.
Powell on Capitol Hill, 10% Market Correction, and Innovation vs. Concentration 7/9/24
Fed Chair Jay Powell heads to Capitol Hill for two days of testimony. The New York Times' Jeanna Smialek tees up the event. Plus, Morgan Stanley's Mike Wilson is warning a 10% market correction is highly likely. Main Street Asset Management's Erin Gibbs gives her take. And, Jim Cramer says investors should focus on innovation, not market concentration. 2/13 Strategic Partners' Greg Sarian discusses.
Tech's Record Run, 2024 Election's Investor Impact 7/8/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Historic UK Election, Monthly Jobs Report, and Amazon Turns 30 7/5/24
UK Prime Minister Rishi Sunak has conceded defeat following historic election results. Deutsche Bank's Maximilian Uleer explains. Plus, the monthly jobs report is expected to show a slowdown in hiring during May. CookNSolo Restaurants' Michael Solomonov and Steven Cook describe what their business is seeing. And, Amazon turns 30 today after passing $2 trillion in market cap last week. Arete Research's Rocco Strauss discusses.
S&P 7,000, Oil Prices, and 4th of July Travel 7/3/24
The S&P 500 is above 5,500 for the first time ever, but one economist says the index can hit 7,000 by next year. Capital Economics' Neil Shearing lays out his thesis. Plus, the start of summer driving season, paired with Hurricane Beryl, could have a big impact on oil prices. CIBC Private Wealth's Rebecca Babin explains. And, it could be a record year for 4th of July travel, with the TSA projecting more than 32 million people will fly during the holiday. Morgan Stanley's Stephen Grambling discusses.
Tesla Q2 Deliveries, Europe Takes on Big Tech, and Second Half Outlook 7/2/24
Tesla is expected to report a 6% decline in Q2 deliveries as competition in China heats up. Roth MKM's Craig Irwin and Stifel's Stephen Gengaro debate the outlook for the stock. Plus, Europe is increasingly looking to take on mega-cap tech. Big Technology's Alex Kantrowitz explains. And, investors are wondering whether the strong first half of the year will carry over to the second half. Piper Sandler's Craig Johnson and Evans May Wealth's Elizabeth Evans weigh in.
Debate Fallout, Race Around AI, and Second Half of the Year 7/1/24
The fallout over President Biden's debate against Donald Trump continues. Stifel's Brian Gardner explains. Plus, the race around AI is showing no signs of slowing down. C3.AI CEO Thomas Siebel lays out what his company is seeing. And, investors are preparing for the start of the second half of the year following the S&P 500's best performance of an election year in nearly 50 years. Regions Wealth Management's Alan McKnight and ProShares Advisors' Simeon Hyman discuss.
PCE Prices, Nike Slashes Guidance, and Presidential Election Probabilities 6/28/24
Today's PCE report could provide some good news for the Fed. Former Fed Vice Chairman Roger Ferguson previews the data. Plus, shares of Nike are plunging after the company slashed current quarter and full year sales guidance. Oppenheimer's Brian Nagel explains. And, PredictIt polling shows a 53% probability of Donald Trump re-taking the White House in November following last night's first presidential debate. Fordham Global's Tina Fordham discusses.
Nike Earnings, Bank Stress Tests, and Reshoring Renaissance 6/27/24
Nike reports earnings after the close today, as a consumer spending slowdown and rising competition weigh on the stock. Powers Advisory Group's Matt Powers tees up the key number to watch. Plus, the Federal Reserve says the biggest U.S. banks all get passing grades for their annual stress test. Citizens JMP's Devin Ryan dives into the results. And, the final read on Q1 GDP could provide insight into a potential reshoring renaissance. Tema ETFs' Maurits Pot explains.
Volkswagen's Rivian Investment, Nvidia's Record Rebound, and the Energy Transition 6/26/24
Shares of Rivian are surging on news Volkswagen will invest up to $5 billion in the EV startup. The Wall Street Journal's Tim Higgins gives the latest. Plus, Nvidia is higher again this morning after notching its biggest stock rebound in three years. Cleo Capital's Sarah Kunst lays out the tech trade in Q3. And, prices for the key metals helping fuel the energy transition have been volatile as demand starts to skyrocket. Warwick Investment Group's Kate Richard explains.
Nvidia Rebounds, FedEx Earnings, and McDonald's Value Meal 6/25/24
Nvidia is rebounding this morning after losing more than $550 billion in market value. VanEck's Nicholas Frasse explains. Plus, FedEx is expected to benefit from its cost-cutting initiatives when it reports earnings today. BofA Securities' Ken Hoexter tees up the key numbers to watch. And, McDonald's is launching a $5 value meal to compete with similar offerings from Wendy's and Burger King. Wedbush's Nick Setyan dives into the restaurant space.
Best & Worst Q2 Sectors and AI in Travel 6/24/24
Tech is the best-performing sector this quarter, led by bullishness around Nvidia. Big Technology's Alex Kantrowitz explains. On the flip side, energy is the worst-performing sector, even as oil comes off a two-week winning streak. TD Cowen's Jason Gabelman lays out what's ahead. And, AI is infiltrating all parts of the economy, including travel. Needham's Bernie McTernan discusses.
XLK Rebalance, Triple Witching Day, and Commerical Real Estate 6/21/24
Nvidia is once again at the center of the market narrative today, as the XLK Tech ETF's rebalance boosts the stock's weighting in the fund. Clockwise Capital's James Cakmak explains. Plus, $5.5 trillion in options are set to expire due to Triple Witching Day. Decatur Capital's Degas Wright and Gilman Hill's Jenny Harrington discuss the potential volatility ahead. And, commercial real estate continues to show signs of distress. Marcus & Millichap's Hessam Nadji dives into the outlook.
Historic Heat Wave, Dealmaking Revival, and E-Commerce Spending 6/20/24
A historic heat wave is sweeping across the U.S. Mizuho's Anthony Crowdell lays out the impact on the utilities sector. Plus, a new report from PwC shows the dealmaking landscape may be coming back to life. PwC's Kevin Desai explains. And, China is going all out to pull consumer spending out of its prolonged slump. Payoneer CEO John Caplan discusses the overall e-commerce space.
Worldwide Exchange 6/18/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 6/17/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 6/14/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Musk Pay Package Vote, Fed Rate Cut Odds, and Markets in Rally Mode 6/13/24
Tesla shareholders will get a second chance to vote for or against CEO Elon Musk’s $56 billion pay package today. New York City Comptroller Brad Lander explains why he’s voting against it. Plus, the Fed is leaving rates unchanged and signaling of only one rate cut this year. Interactive Brokers’ Steve Sosnick explains. And, the S&P 500 and Nasdaq are in rally mode once again. Principal Asset Management’s Seema Shah and Pivotal Advisors’ Tiffany McGhee discuss.
Market Double Feature, Oracle's New Partnerships, and Apple Back at Number 1 6/12/24
Investors are preparing for a rare double feature of market-moving events with May CPI and the latest Fed decision out today. The New York Times' Jeanna Smialek discusses. Plus, Oracle says it's teaming up with Google Cloud and Microsoft, even after Q4 earnings missed estimates. CFRA's Angelo Zino recaps the quarter. And, Apple is set to retake its title as the most valuable public company in the U.S. following yesterday's stock surge. Cleo Capital's Sarah Kunst explains.
Worldwide Exchange+ Amazon CSO Steve Schmidt 6/11/24
Frank Holland sat down with Amazon CSO Steve Schmidt to discuss how the company views cyber for all of its businesses, the challenges and opportunities in AI, what cyber companies Amazon uses and their strategy on in house vs. Nvidia chips for their AI buildout.
Fed Policy Meeting, Apple AI Intelligence, and Fresh Record Highs 06/11/24
The Fed kicks off its 2-day policy meeting today ahead of the decision and press conference tomorrow. JPMorgan's Joyce Chang previews the event. Plus, Apple has logged its worst performance on the day of a WWDC keynote in more than a decade. Arete's Richard Kramer explains. And, the S&P 500 and Nasdaq are coming off yet another day of fresh all-time highs. Essex Investment's Nancy Prial and Fundstrat's Tom Lee discuss.
Apple WWDC, Europe Elections, and the Freight Recession 06/10/24
Apple kicks off its Worldwide Developers Conference today, as the company looks to play AI catch-up. Maxim Group's Tom Forte and Laffer Tengler Investments' Nancy Tengler tee up the event. Plus, European markets are selling off as the conservative wave sweeps across France, Germany, and others. Fordham Global's Tina Fordham discusses. And, the end to the freight recession could be farther away than expected. HSBC's Parash Jain explains.
May Jobs Report, Apple vs. Nvidia, and Meme Stock Madness 06/07/24
The monthly jobs report will be key to the market action today. ZipRecruiter’s Julia Pollak gives her estimates. Plus, the battle of the market cap leaders is on between Apple and Nvidia. Big Technology’s Alex Kantrowitz discusses. And, shares of GameStop are surging once again after Keith Gill scheduled his first YouTube stream in almost four years. Former SEC Commissioner Michael Piwowar and Former E*TRADE CEO Karl Roessner explain.
ECB Decision, the State of Freight, and Diversity in Business 06/06/24
The European Central Bank is widely expected to cut rates for the first time since 2019. Citi's Beata Manthey explains. Plus, bullish signals for the freight market, as Saia says it's seeing an uptick in demand. Saia CEO Fritz Holzgrefe discusses. And, according to a new report, nearly three quarters of top black business leaders believe their company has a strong commitment to diversity, equity, and inclusion. Executive Leadership Council's Michael Hyter dives into the data.
Software Slump, Lululemon Earnings, and Meme Stocks 06/05/24
Shares of Hewlett Packard Enterprise and CrowdStrike are higher, offering some relief to the slumping software sector. Clockwise Capital's James Cakmak discusses. Plus, Lululemon reports earnings after the close today. LSEG's Jharonne Martis and Bernstein's Aneesha Sherman debate the outlook for the company. And, the dust is anything but settled for GameStop following its massive stock pop on Monday. The New York Times' Kate Kelly explains.
Meme Stock Mania, AI-Enablers, and 2017 Tax Cuts 06/04/24
Volatility may be here to stay, as meme stocks and blue chips come off a wild day of trading. Former SEC Commissioner Jay Clayton gives the latest. Plus, one fund betting big on AI-enablers has been outperforming the S&P 500 and Nasdaq over the last year. Putnam Investments' Richard Bodzy dives into his fund's top holdings. And, there's a growing showdown over former president Donald Trump's 2017 tax cuts. Veda Partners' Henrietta Treyz explains.
Nvidia and AMD's New Chips, OPEC+ Extends Cuts, and Software Sector Slump 06/03/24
Nvidia and AMD are rolling out new AI chips, as industry competition heats up. Cleo Capital's Sarah Kunst explains. Plus, OPEC+ has agreed to extend production cuts into next year. Energy Intelligence's Amena Bakr and RBC's Helima Croft discuss. And, is the software sector slump finally coming to an end? Check Point CEO Gil Shwed weighs in.
Trump Found Guilty, April PCE, and Retail Earnings 05/31/24
A New York jury has found former President Donald Trump guilty on all 34 felony charges of falsifying business records. Fordham Global Foresight's Tina Fordham gives the latest. Plus, key to the market action today is the Fed's preferred gauge of inflation: April PCE. Milken Institute's William Lee previews the report. And, it's been a mixed bag of retail earnings this week. Jane Hali & Associates' Jessica Ramirez explains.
Salesforce Plunges, Q1 GDP, and Dumping Disney 05/30/24
Salesforce is set to shave 280 points from the Dow after posting its first revenue miss since 2006. Wedbush's Dan Ives explains. Plus, the second read on Q1 GDP could be a major market driver today. Former Fed Vice Chair Roger Ferguson discusses. And, sources tell CNBC that Nelson Peltz has sold his entire stake in Disney. Albion Financial's Jason Ware dives into what's next.
Salesforce Earnings, AI in Autos, and the Nasdaq's Fresh Record Close 05/29/24
Salesforce reports earnings after the close today, with profit expected to grow more than 40%. Powers Advisory Group's Matt Powers tees up the results. Plus, among the factors fortifying Nvidia's impenetrable moat will likely be the auto sector. Former Ford CEO Mark Fields explains. And, the Nasdaq is coming off a fresh record close as the tech trade continues to dominate. Bleakley Financial Group's Peter Boockvar and Hightower Advisors' Stephanie Link discuss.
Nvidia's Market Cap, Health of Housing, and AI's Retail Impact 05/28/24
Nvidia is just behind Apple and Microsoft in terms of market cap following last week's 15% surge. I/O Fund's Beth Kinding weighs in. Plus, it's a busy week of housing data, as that market continues to struggle with higher rates and lower inventory. Brown Harris Stevens CEO Bess Freedman discusses. And, if the AI impact roadmap starts with Big Tech, retail and the consumer are not too far behind. Storch Advisors CEO Gerald Storch explains.
Memorial Day Weekend, Dow Transports, and AI Impact 05/24/24
Nearly 3 million Americans are headed to the airport for Memorial Day Weekend, rivaling the record 2.9 million set last November. The Conference Board's Steve Odland lays out the key consumer trends to watch. Plus, while the S&P 500 and Nasdaq are hovering near all-time highs, the Dow Transports is lagging this year. FreightWaves' Craig Fuller explains what's driving the slide. And, beyond Big Tech, a number of sectors are poised to drive the next wave of AI growth. Caret Group's Fred Hassan explains.
Blockbuster Quarter, Riding the Nvidia Wave, and Dimon's New Warning 05/23/24
Nvidia shares are surging following another blockbuster quarter, as demand for its AI chips shows no signs of slowing down. Clockwise Capital's James Cakmak and Stifel's Ruben Roy discuss. Plus, Nvidia's stock pop is lifting the broader markets. Hennessy Funds' Josh Wein and Defiance ETFs' Sylvia Jablonski explain. And, JPMorgan CEO Jamie Dimon is once again warning that a bumpy landing may be coming for the economy. Evans May Wealth's Lizzie Evans digs into the outlook.
Nvidia's Market Impact, Target Earnings, and Fed Rate Cut Timeline 05/22/24
The market faces its biggest test yet as Nvidia prepares to report results. Synovus Trust's Dan Morgan previews the quarter. Plus, Target is also out with earnings this morning, just days after announcing thousands of price cuts. SW Retail Advisors' Stacey Widlitz lays out her expectations. And, Fed Governor Christopher Waller is taking a "wait and see" approach when it comes to rate cuts. Silvercrest Asset Management's Robert Teeter and Charles Schwab's Jeffrey Kleintop discuss.
Sanofi-OpenAI Partnership, Lowe's Earnings, and Microsoft's AI Laptop 05/21/24
Sanofi is partnering with OpenAI on artificial intelligence-driven drug development. Sanofi Chief Digital Officer Emmanuel Frenehard lays out the details. Plus, it's a big week for retail, with Lowe's among those reporting earnings today. R5 Capital's Scott Mushkin gives his expectations. And, ahead of Nvidia's results, Microsoft is out with a new AI-powered laptop. Visible Alpha's Melissa Otto explains.
Dow 40K, Copper Conundrum, and Autonomous Trucking 5/17/24
The Dow has crossed the 40K for the first time ever. NorthStar Asset Management's Nimrit Kang discusses the stock playbook from here. Plus, it's not just stocks; copper prices are also hovering near all-time highs. Bank of America's Francisco Blanch explains. And, Einride is partnering with DP World to build the world's largest autonomous trucking network in Dubai. CEO Robert Falck lays out the details.
Housing Inflation, Walmart Earnings, and the Global Energy Transition 05/16/24
Despite the slowdown in inflation during April, housing continues to drive prices higher. Camden Property Trust CEO Ric Campo discusses what his business is seeing. Plus, Walmart reports earnings this morning as consumers look for even more value. CFRA's Arun Sundaram lays out his expectations. And, Octopus Energy, number 11 on CNBC's annual Disruptor 50 list, is using AI to spark the global transition to renewable energy. CEO Greg Jackson explains.
April CPI, 2024 CNBC Disruptor 50, and the Nasdaq's New High 05/15/24
Investors are awaiting the latest read on U.S. inflation and consumer prices. Citi's Veronica Clark previews the report. Plus, the 2024 CNBC Disruptor 50 list is out, with two-thirds of the companies calling AI critical to their business. Phononic's Tony Atti, number 35 on the list, discusses. And, the Nasdaq is coming off a fresh record high. Piper Sandler's Craig Johnson and G Squared Private Wealth's Victoria Greene tee up the trading day ahead.
Meme Stock Frenzy, Home Depot Earnings, and Cailtin Clark's WNBA Debut 05/14/24
The meme stock frenzy is making its return in a big way. Inside Edge Capital's Todd Gordon explains. Plus, Home Depot reports earnings today, offering insight into the health of the housing market. D.A. Davidson's Michael Baker lays out his expectations. And, Caitlin Clark makes her regular season WNBA debut tonight. Washington University's Patrick Rishe discusses the streaming landscape for sports.
Big Week for Inflation and the Consumer 05/13/24
The market's record run could hit a snag as Wall Street faces a series of litmus tests around inflation and the consumer. Callan Family Office's RaeAnne Mitrione and Freedom Capital Markets' Jay Woods discuss how to position from here. Plus, Walmart and Home Depot will offer key insight into spending trends when they report earnings this week. Former Walmart CEO Bill Simon and Jane Hali & Associates' Jessica Ramirez explain. And, consumer prices in China rose in April, marking the third straight month of gains. Longview Global's Dewardric McNeal lays out the outlook.
Health of the Consumer, China's Turnaround, and Rate Cut Expectations 5/10/24
The consumer may be more stretched than Wall Street thinks, as several companies slash guidance. Mastercard's Steve Sadove dives into the latest SpendingPulse survey. Plus, it's been a turnaround story for much of the Chinese stock market in recent months. Goldman Sachs' Kinger Lau explains. And, San Francisco Fed President Mary Daly is throwing some cold water on renewed rate cut hopes. Liontrust Asset Management's Clare Pleydell-Bouve and Alger's Amy Zhang discuss.
Nvidia's Valuation, the Global EV Landscape, and Hitting Pause on the Rally 5/9/24
Nvidia CEO Jensen Huang says now is the time to get on the AI train. MapSignals' Alec Young discusses the outlook. Plus, the global EV landscape is set for a shake-up as China's Zeekr prepares to price its NYSE IPO tonight. The Wall Street Journal's Tim Higgins explains. And, the markets are pointed towards a lower open after a mixed session yesterday. CIC Wealth's Malcolm Ethridge previews the trading day ahead.
Stocks Near Records, Travel Trends, and European Rally 5/8/24
All three major U.S. indexes are close to their record highs, with the S&P 500 on track to post its best growth rate in two years. KKM Financial's Jeff Kilburg and Inside Edge Capital's Todd Gordon lay out their top stock picks. Plus, airlines and hotels still expect strong bookings through the summer months. The Points Guy's Clint Henderson digs into the outlook. And, there's a rally sweeping across Europe as the Euro Stoxx 600 and FTSE 100 hit fresh all-time highs. Deutsche Bank's Maxmilian Uleer and Invesco's Kristina Hooper explain.
Revitalized Relief Rally, Presidential Election Survey, and Disney Q2 Results 5/7/24
The relief rally is beginning to show signs of life as the push-and-pull between earnings growth and rate cuts remains front and center. Bone Fide Wealth's Douglas Boneparth discusses. Plus, the U.S. is exactly six months away from the presidential election. Generation Lab's Cyrus Beschloss dives into a new survey on key political issues. And, Disney is out with its second quarter results this morning after its kitchen sink report three months ago. Fairlead Strategies' Katie Stockton lays out the technicals for the stock.
Berkshire's Big Weekend, Apple's Best Day Since 2022, and Fed Rate Cut Hopes 5/6/24
Warren Buffett held court this weekend at Berkshire Hathaway's annual meeting, where he fielded questions from shareholders and unveiled new investment moves. R360's Barbara Goldstein recaps the event. Plus, Apple is coming off its best day since 2022 after announcing a record-breaking $110 billion buyback. The Maxim Group's Tom Forte discusses. And, April's weaker-than-expected jobs report is boosting hopes for an earlier rate cut by the Fed. Van Lanschot Kempen's Anneka Treon and Wall Street Journal's Gunjan Banerji explain.
Apple's $110 Billion Buyback, April Jobs Report, and Berkshire's Big Day 5/03/24
Apple is set to add $162 billion to its market cap at the open after announcing a $110 billion buyback. Laffer Tengler Investments' Nancy Tengler discusses. Plus, investors are counting down to the release of the April jobs report. Citi's Steven Wieting lays out his expectations. And, Berkshire Hathaway kicks off its annual meeting this weekend, its first since the passing of Charlie Munger. Gabelli Funds' Chris Marangi tees up the event.
Holding Rates Steady, Apple Earnings, and Novo Nordisk Results 5/02/24
The Federal Reserve is holding interest rates steady for the six straight meeting as the path towards 2% inflation remains challenged. Former Fed Vice Chair Roger Ferguson explains. Plus, Apple reports earnings after the close today. Albion Financial Group's Jason Ware lays out the key metric to watch. And, Novo Nordisk is raising its outlook for the year after posting better-than-expected first quarter results. Tema ETFs' Yuri Khodjamirian discusses.
Amazon Earnings Beat, Fed Decision Today, and the New Trading Month 5/01/24
Amazon says profit more than tripled during its most recent quarter. RBC's Brad Erickson and GraniteShares' Paul Marino dive into the results. Plus, the Fed is set to announce its latest monetary policy decision today. The New York Times' Jeanna Smialek and The Conference Board's Steve Odland lay out their expectations. And, investors are preparing for the new trading month as the S&P 500 comes off its worst month since September. Cetera's Gene Goldman and Payne Capital Management's Courtney Garcia discuss.
Amazon Earnings, McDonalds and Starbucks Results, and Fed Policy Meeting 4/30/24
The parade of big tech earnings rolls on, with Amazon reporting Q1 results today. The Futurum Group's Daniel Newman lays out his expectations. Plus, McDonald's and Starbucks also open their books today. Morgan Stanley's Brian Harbour tees up the numbers. And, the Fed kicks off its two-day policy meeting today, with a decision due tomorrow. Hargreaves Lansdown's Emma Wall and Thornburg Investment Management's Jeff Klingelhofer discuss.
Fed Decision Kick-Off, Amazon and Apple Results, and Busiest Week of Earnings Season 4/29/24
Investors are awaiting the kickoff to this week's Fed decision. The Milken Institute's Bill Lee gives his expectations. Plus, Amazon and Apple are set to deliver results in what could be two market-moving events. Janus Henderson's Alison Porter explains. And, it's busiest week of earnings season, with 30% of the S&P 500 and 20% of the Dow reporting. Clough Capital's Vince Lorusso and G Squared Private Wealth's Victoria Greene discuss.
Alphabet Share Buyback, Microsoft Cloud Growth, and March PCE 4/26//24
Google-parent Alphabet is buying back $70 billion worth of shares and instituting its first-ever dividend. Arete Research's Richard Kramer breaks down the quarter. Plus, huge sales growth in the cloud and even bigger bets in AI may not be enough to prop up Microsoft's guidance. Oppenheimer's Timothy Horan dives into the results. And, the markets are coming off a whipsaw session ahead of fresh inflation data. Hargreaves Landsdown's Sophie Lund-Yates, The Carson Group's Ryan Detrick, and Citi's Beata Manthey discuss.
Meta's Miss, Alphabet and Microsoft On Tap, and Market Sell-Off 4/25/24
Meta's strong quarter is doing little to prop up the stock, which is set to shed $200 billion in value at the open. Cleo Capital's Sarah Kunst dives into the results. Plus, is Meta's report a read into what's to come for Alphabet and Microsoft today? Northstar Asset Management's Nimrit Kang weighs in. And, the broader markets are also selling off as tech takes it on the chin once again. Chantico Global's Gina Sanchez and Gilman Hill Asset Management's Jenny Harrington discuss.
Tesla, Boeing, and Meta Earnings 4/24/24
Tesla is soaring despite its dismal start to the year. RBC's Tom Narayan dives into the quarter. Plus, the FAA is opening a new investigation in Boeing. Stifel's Bert Stubin explains. And, efficiency vs. innovation will likely be a key focus in Meta's earnings report today. Big Technology's Alex Kantrowitz tees up the results.
Key Earnings to Watch and Building on the Market Rebound 4/23/24
Tesla reports earnings after the close today as the stock hovers at its lowest level since last January. KKM Financial's Jeff Kilburg lays out the key metrics to watch. Plus, UPS is expected to deliver its worst quarterly results for the year. Melius Research's Conor Cunningham explains. And, the markets are rebounding from last week's sell-off. TS Lombard's Skylar Montgomery Konig and Oppenheimer's John Stoltzfus discuss.
Big Tech Earnings, Foreign Aid Funding, and Tesla Troubles 4/22/24
Big tech is in focus this week with four of the Magnificent 7 set to report earnings. Clockwise Capital’s James Cakmak tees up the results. Plus, House Speaker Mike Johnson is supporting a vote on several foreign aid packages, including one to Ukraine. Fordham Global Foresight’s Tina Fordham explains. And, Tesla is under pressure again as it fires off another round of price cuts. Roth MKM’s Craig Irwin discusses the road ahead.
Israel Retaliates, Netflix Subscriber Growth, EU Antitrust Investigation 4/19/24
Israel has retaliated against Iran’s unprecedented drone and missile attack. Energy Aspects’ Amrita Sen discusses what this means for oil prices. Plus, Netflix is under pressure despite blowing past subscriber growth estimates. Citi’s Jason Bazinet dives into the quarter. And, EU regulators say a preliminary probe into Microsoft’s investment in OpenAI is still ongoing. The European Commission’s Margrethe Vestager explains.
Stocks vs. Bonds, Netflix's Momentum, and TSMC Profit Growth 4/18/24
There's a new cause for concern when it comes to the staying power of stocks. Goldman Sachs Asset Management's Gurpreet Garewal makes the case for fixed income. Plus, Netflix is on a roll thanks to a big boost in subscribers and its password-sharing crackdown. Annadale Capital's George Seay gives his expectations for earnings today. And, TSMC has grown profit for the first time in a year. Wedbush's Matt Bryson details the quarter.
Transports Tumble, LVMH's Warning, and the Fed vs. Stocks 4/17/24
A big part of the market's recent downturn is the Dow Transports, which is currently below its 50- and 200-day moving averages. Bank of America's Ken Hoexter lays out the road ahead. Plus, LVMH is higher despite reporting slowing sales growth. TEMA ETFs' Javier Gonzalez explains. And, Fed Chair Jay Powell says he needs more confidence in inflation's path forward before cutting rates. Delancey Wealth Management's Ivory Johnson and Plurimi Wealth's Patrick Armstrong discuss what this means for the markets.
Portfolio Protection, Big Bank Earnings, and AI Investments 4/16/24
Wall Street is bracing for what could be a third straight negative session for stocks in a row. Leavell Investments' Andrew Grinstead lays out how to position from here. Plus, Morgan Stanley and Bank of America cap out first quarter big bank earnings this morning. Argus Research's Stephen Biggar gives his expectations. And Microsoft says it will invest $1.5 billion in the UAE's top AI firm, G42. EY's Jeff Wong dives into a new survey on artificial intelligence.
Iran Strikes Israel, Tech’s Slide, and the Dow’s Worst Week 4/15/24
Investors around the world are coming to grips with one of the boldest attacks by Iran on Israel. CIBC Private Wealth’s Rebecca Babin discusses the impact on oil prices. Plus, a big part of the market’s slide last week was tech. Hightower’s Stephanie Link and Wedbush’s Dan Ives explain. And, Wall Street is trying to pick up the pieces after the Dow’s worst week in more than a year. Citi’s Steven Wieting and RBC’s Amy Wu Silverman lay out what’s to come.
The Fed's Inflation Target, Bank Earnings, and Markets' Whipsaw Week 4/12/24
As the Fed's 2% inflation target remains elusive, is the mandate still a realistic goal? BNP Paribas' Daniel Morris and The Conference Board's Dana Peterson weigh in. Plus, JPMorgan and Citi kick off bank earnings today. Essex Investment Management's Nancy Prial tees up the results. And markets are closing out what has been a whipsaw week. RBC Brewin Dolphin's Janet Mui and G Squared Private Wealth's Victoria Greene wrap up the key action.
Sticky Inflation, The Technical Take, and Chip Sell-Off 4/11/24
Pain at the pump, stubborn housing costs, and higher food prices are just some parts of inflation weighing on consumers. Mastercard's Michelle Meyer explains. Plus, what are the technicals saying about the direction of the markets? CappThesis' Frank Cappelleri weighs in. And, the fallout of the hotter-than-expected CPI report is hitting semi stocks. Fox Advisors' Steven Fox discusses.
March CPI, Boeing Whistleblower Investigation, and Fed Rate Cuts 4/10/24
Investors are preparing for the big event of the week: March CPI. Former Fed Vice Chairman Roger Ferguson gives his expectations. Plus, the FAA is investigation new whistleblower claims around Boeing's 787 Dreamliner. Jefferies' Sheila Kahyaoglu explains. And, is the chance of three rate cuts this year off the table? Hargreaves Lansdown's Emma Wall and Capital Wealth Planning's Kevin Simpson weigh in.
Apple's New Headwinds, June Rate Cut Odds, and Navigating the Fed 4/9/24
Shares of Apple are falling on a new note warning of weak demand for the iPhone. Cleo Capital's Sarah Kunst lays out the road ahead. Plus, the odds for a June rate cut are at their lowest since October. WisdomTree's Jeremy Schwartz explains. And, Jim Cramer says investors should just be thankful that the Fed isn't hiking anymore. Charles Schwab's Jeff Kleintop discusses.
Exclusive with Treasury Secretary Yellen and Wall Street's Next Test 4/8/24
Treasury Secretary Janet Yellen addresses tariffs, electric vehicles, and green exports in an exclusive interview with CNBC. Atlantic Council's Hugh Tran gives his thoughts on the conversation. Plus, Yellen also says she's focused on keeping American companies in business as they face growing pressure from China. KraneShares' Brendan Ahern dives into the issue. And, Wall Street faces a fresh test this week with March CPI on Wednesday. Rose Advisors at Hightower's Patrick Fruzzetti and Blanke Schein Wealth Management's Robert Schein discuss.
Worldwide Exchange 4/5/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 4/4/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 4/3/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 4/2/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 4/1/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Tesla's Rough Road, Disney Under Iger, and S&P's Strong Quarter 3/28/24
It's been a rough road for Tesla, with several firms cutting their price targets this week. RBC's Tom Narayan and Roth MKM's Craig Irwin debate the bull and bear cases. Plus, Disney is set to notch its best Q1 performance since 2000. Yale School of Management's Jeff Sonnenfeld discusses why he's backing the company in its proxy fight against Nelson Peltz. And, it's not just Disney getting a boost: the S&P 500 is on track for its best first quarter since 2019. Goldman Sachs Asset Management's Gurpreet Garewal and Defiance ETFs' Sylvia Jablonski close out the quarter.
Politics vs. Markets, U.S. CEOs in China, and Baltimore Bridge Collapse Business Impact 3/27/24
Shares of Donald Trump's social media company jumped more than 50% in their trading debut yesterday. TD Cowen's Jaret Seiberg discusses the intersection between politics and markets. Plus, China's Xi Jinping is meeting with U.S. executives this week. Longview Global's Dewardric McNeal explains. And, what does the Francis Scott Key Bridge's collapse mean for the global supply chain? Freightos' Judah Levine weighs in.
Boeing Executive Shake-Up, Microsoft Stock Upgrade, and S&P Price Targets 3/26/24
Boeing CEO David Calhoun will be stepping down at the end of this year following that Alaska Airlines door plug blowout. Gabelli Funds' Tony Bancroft and Laffer Tengler Investments' Nancy Tengler debate the outlook for the stock. Plus, Wedbush is raising its price target on Microsoft, citing "transformative" monetization for Co-Pilot. Wedbush's Dan Ives explains his new note. And, the list of big banks increasing their S&P targets continues to grow. Sanlam UK's Hannah Gooch-Peters and Decatur Capital's Degas Wright discuss.
Semi Stocks, China's CEO Forum, and Mega-Cap Bull Case 3/25/24
Key to Wall Street's record run so far this year has been chip stocks. Clockwise Capital's James Cakmak discusses. Plus, Beijing kicks off a major forum this week, welcoming around 100 CEOs from across the globe. China Beige Book's Shehzad Qazi explains. And, Goldman Sachs says mega-cap tech could lead the S&P 500 to a 15% rise by year-end. Potomac Wealth Advisors' Mark Avallone and KKM Financial's Jeff Kilburg dive deeper into the sector.
Reddit’s Red-Hot IPO, Apple $113B Loss, and Nike and Lululemon’s Consumer Concerns 3/22/24
Reddit is enjoying the fruits of its IPO yesterday, jumping nearly 50% in its debut. Cleo Capital’s Sarah Kunst lays out the road ahead. Plus, Apple’s stock has shed $113 billion in value after the Department of Justice launched an antitrust case against the company. Big Technology’s Alex Kantrowitz explains. And, shares of Nike and Lululemon are falling on concerns about slowing growth. AB Bernstein’s Aneesha Sherman dives into the quarters.
The Fed's Rate Cut Outlook, FedEx Earnings, and Where to Invest 3/21/24
Wall Street is cheering on the prospect of three rate cuts this year. Wall Street Journal's Gunjan Banerji and KKM Financial's Jeff Kilburg discuss. Plus, FedEx reports earnings after the close today. Bank of America's Ken Hoexter tees up the results. And, where should investors put their money to work? Waddell & Associates' David Waddell weighs in.
The Fed's Policy Decision, Chip Competition, and the Trading Day Ahead 3/20/24
The Fed releases its latest monetary policy decision today. The New York Times' Jeanna Smialek gives her expectations. Plus, Micron reports earnings this afternoon as Nvidia rallies on its newly unveiled AI chip. Mizuho's Jordan Klein tees up the results. And, what's in store for the trading day ahead? Principal Asset Management's Seema Shah and GenTrust's Mimi Duff weigh in.
Powell Policy Playbook, Nvidia’s New AI Chip, and the State of Real Estate 3/19/24
The Fed kicks off its latest monetary policy meeting today. Wilmington Trust’s Meghan Shue and Howard Capital Management’s Vance Howard lay out the Powell policy playbook. Plus, Nvidia is out with a new AI chip. WisdomTree’s Chris Gannatti explains. And, the National Association of Realtors has agreed to slash commissions for real estate agents. Nest Seekers’ Erin Sykes discusses what this means for the housing market.
March Fed Meeting, S&P 500 Shake-Up, and the New Trading Week 3/18/24
The Federal Reserve kicks off its latest monetary policy decision this week. Former Atlanta Fed President Dennis Lockhart previews the decision. Plus, the S&P 500 is set to look a little different today. Inside Edge Capital’s Todd Gordon explains. And, what’s ahead for the new trading week? Bone Fide Wealth’s Douglas Boneparth and Advisors Capital Management’s JoAnne Feeney discuss.
Rethinking the Magnificent 7, Commercial Real Estate Risk, and Disney+ (Taylor's Version) 3/15/24
Adobe shares are falling on weak guidance, but the stock is still outperforming Tesla. Big Technology's Alex Kantrowitz discusses whether Adobe should replace Tesla in the Magnificent 7. Plus, the commercial real estate risk continues to rise. Marcus & Millichap's Hessam Nadji weighs in on the outlook. And, Disney+ is out with Taylor Swift's "Eras" movie today. The Hollywood Reporter's Alex Weprin dives into what this means for the streaming landscape.
Consumer Bull vs. Bear, Steel Deal in Doubt, and The Final Inflation Read 3/14/24
A busy day is shaping up for the retail sector on top of what's already been a market-moving week around inflation. SW Retail Advisors' Stacey Widlitz and Oppenheimer's Brian Nagel debate the health of consumer spending. Plus, President Biden is reportedly planning to express concern over Nippon Steel's takeover proposal for U.S. Steel. Wolfe Research's Timna Tanners explains. And, today's producer prices will give investors a final read on inflation before next week's Fed meeting. GLOBALT Investments' Thomas Martin and Crossmark Global Investments' Victoria Fernandez discuss.
Potential TikTok Ban, Rising Housing Costs, and Japan Wage Hikes 3/13/24
Lawmakers are set to vote on a bill that could ban TikTok in the U.S. Longview Global's Dewardric McNeal lays out the impact on geopolitics and the economy. Plus, housing is still one of the stickiest parts of inflation. Brown Harris Stevens' Bess Freedman explains. And, several Japanese companies have agreed to grant workers their biggest pay increases since the 1990's. Goldman Sachs' Tomohiro Ota discusses what this means for the Bank of Japan.
February CPI, A TikTok Ban, and Arm's Lockup Expiration 03/12/24
February CPI is out this morning, with economists expecting the inflation rate to remain unchanged. Apollo Global Management's Torsten Slok lays his expectations. Plus, lawmakers are set to vote on a bill that could ban TikTok in the U.S. Wiley Rein's Nova Daly explains. And, Arm's post-IPO lockup period expires today. MSA Capital's Ben Harburg discusses.
Nvidia's Tumble, Oracle Earnings, and Reddit's IPO Roadshow 03/11/24
Nvidia is looking to turn things around after a brutal Friday, where shares closed down more than five percent. Piper Sandler's Craig Johnson and Cleo Capital's Sarah Kunst lay out the outlook. Plus, Oracle reports earnings after the close today. Main Street Research's James Demmert tees up the results. And, Reddit reportedly kicks off its IPO roadshow this week. Bain & Co.'s Alexander De Mol discusses the IPO and private equity landscape.
February Jobs Report, Mastercard SpendingPulse, and State of the Union Highlights 03/08/24
The monthly jobs report is out this morning, with economists expecting hiring to have slowed in February. Stifel’s Lindsey Piegza lays out her forecast. Plus, new data from Mastercard shows consumer spending is still strong. Mastercard’s Steve Sadove details the report. And, President Biden has vowed to raise taxes on the wealthy and large companies. Strategas Securities’ Courtney Gelman gives the key takeaways from last night’s State of the Union.
State of the Union, Citi’s Super 7, and Powell’s Rate Expectations 03/07/24
President Biden will deliver his State of the Union address today. American Enterprise Institute’s James Pethokoukis gives his expectations. Plus, Citi is out with a list of stocks with characteristics similar to the Magnificent 7. Citi’s Beata Manthey lays out the names to watch. And, Fed Chair Jay Powell isn’t ready to say when rates will come down this year. WisdomTree’s Jeremy Schwartz, Hargreaves Landsdown’s Sophie Lund-Yates, and Requisite Capital Management’s Bryn Talkington explain.
Powell on the Hill, Regional Bank Reckoning, and Magnificent 7 Sell-Off 03/06/24
Federal Reserve Chairman Jay Powell is set to begin two days of testimony before Congress today. Former Fed Vice Chairman Roger Ferguson tees up the hearing. Plus, shares of New York Community Bank are coming off their lowest levels since 1996. Old National Bancorp CEO Jim Ryan describes the regional banking space. And, weakness in the Magnificent 7 is fueling a broader market sell-off. MRB Partners' Phillip Colmar and Payne Capital Management's Courtney Garcia explain.
Target Earnings, Super Tuesday, and the Nasdaq 100 03/05/24
Target reports earnings this morning as it comes off two straight quarters of same store sales declines. D.A. Davidson's Michael Baker tees up the results. Plus, it's Super Tuesday, with voters in more than a dozen states heading to the polls. Ned Davis Research's Ed Clissold explains. And, the Nasdaq 100 has gone more than 300 trading sessions without a pullback of 2.5% or more, the third longest stretch since 1990. F/M Investments' Alex Morris and Freedom Capital Markets' Jay Woods discuss.
Wall Street's Great Debate, Regional Bank Sell-Off, and Year-End S&P 500 Target 03/04/24
Wall Street is debating whether the factors fueling the rally are stronger than those working against it. Clockwise Capital's James Cakmak and Milken Institute's William Lee lay out their views. Plus, shares of New York Community Bank are ticking up today after closing at their lowest level since 1997 on Friday. Mendon Capital's Anton Schutz discusses the outlook. And, Bank of America is raising its S&P 500 price target to 5,400 by year-end. New Street Advisors' Delano Saporu and Delancey Wealth Management's Ivory Johnson weigh in on the new trading week.
The Case for Small Caps, Japan's Continued Momentum, and a Fourth Winning Month 03/01/24
Small caps are coming off an impressive run in February, when it notched their best month since December. Goldman Sachs' Greg Tuorto explains. Plus, Japan's Nikkei is at another fresh record high. Neuberger Berman's Kei Okamura dives into whether this rally has more room to run. And, stocks in the U.S. have logged a fourth straight month of gains. Horizon Investments' Scott Ladner and Aureus Asset Management's Kari Firestone discuss.
Bitcoin Rally, Salesforce Dividend, and the Ozempic Revolution 02/29/24
The bitcoin rally is showing no signs of slowing down. Standard Chartered's Geoff Kendrick and Ranger Equity Bear's David Tice debate the currency. Plus, Salesforce has issued a weaker-than-expected forecast but is initiating a $0.40 dividend. BNP Paribas Exane's Stefan Slowinski dives into the quarter. And, Ozempic and other GLP-1 drugs have disrupted the weight loss industry. Barclays' Emily Field explains.
AI Backlash, Salesforce Earnings, and Stocks' Winning Streak 02/28/24
Alphabet continues to face backlash around its AI tool, just as Apple winds down its electric car efforts to focus on artificial intelligence. Big Technology's Alex Kantrowitz dives into the outlook for both companies. Plus, Salesforce reports fourth quarter earnings after the close. Annadale Capital's George Seay tees up the results. And, the major averages are on track for a fourth winning month in a row. Piper Sandler's Craig Johnson and Evans May Wealth's Elizabeth Evans discuss.
Consumer Spending, Earnings Season Takeaways & Guyana's Importance to Oil Markets 2/27/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nvidia "Nirvana", Uber, Berkshire Hathaway & The Fed's Future Rate Path 2/26/24
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Magnificent 7 Rally, Global Hotspots, and Stocks' Fresh Record Highs 02/23/24
Magnificent 7 stocks continue to power the market higher as AI-enthusiasm shows no signs of waning. Laffer Tengler Investments' Nancy Tengler and Clockwise Capital's James Cakmak discuss. Plus, what investing opportunities do current global hotspots present? Control Risks' Cormac Mc Garry weighs in. And, stocks are coming off another round of fresh record highs. UBS' Mark Haefele and Pivotal Advisors' Tiffany McGhee explain.
Nvidia's Blowout Quarter, Carvana: Bull vs. Bear, and Cyber Demand 02/22/24
Nvidia is surging after posting a 265% increase in revenue. Stifel's Ruben Roy discusses the quarter. Plus, it's been an incredible turnaround story for Carvana over the past year. RBC's Brad Erickson and Citizens JMP's Nicholas Jones debate the outlook. And, Palo Alto Networks is rebounding after dragging down the rest of the cyber space yesterday. Tenable CEO Amit Yoran describes what his company is seeing.
Nvidia Earnings, Digital Infrastructure Market, and Magnificent 7 Stock Exposure 02/21/24
Wall Street is setting the bar sky high for NVIDIA earnings after the close today. Innovator ETFs' Tim Urbanowicz tees up the report. Plus, what's in store for the digital infrastructure market? Equinix CEO Charles Meyers weighs in. And, Goldman Sachs says hedge funds are reducing their exposure to all Magnificent 7 stocks except Amazon. Cetera's Gene Goldman and RBC Capital Markets' Amy Wu Silverman explain.
Retail Earnings, Presidential Election Countdown, and Goldman's S&P 500 Target 02/20/24
Walmart and Home Depot report earnings today, offering insight on consumer trends and inflation. SW Retail Advisors' Stacey Widlitz tees up the results. Plus, the 2024 presidential election is just 258 days away in what's been a growing focal point for investors. Citi's Dan Tobon explains. And, Goldman Sachs is boosting its year-end target for the S&P 500 to 5,200. The Carson Group's Ryan Detrick and Wall Street Journal's Gunjan Banerji discuss the impact on the markets.
January PPI, Red Hot AI Play, and Regional Bank Risks 02/16/24
Investors are getting another crack at inflation data today after January CPI rattled the markets. Bank of America's Aditya Bhave explains. Plus, there's a new red hot AI play seeing shares soar this year. Zacks Investment Research's John Blank gives the name to watch. And, what's ahead for the regional banking sector? OceanFirst Financial CEO Christopher Maher weighs in.
Market Frothiness, Cisco's Weak Guidance, and ArcBest's New AI Tool 02/15/24
Fears of "frothiness" in the most valuable stocks in the market are growing. Cleo Capital's Sarah Kunst discusses. Plus, shares of Cisco are under pressure on weak guidance. Deutsche Bank's Matthew Niknam explains. And, ArcBest is launching its own AI-enabled logistics tool. ArcBest CEO Judy McReynolds describes the product.
Hotter-Than-Expected CPI, High Housing Costs, and the Market Sell-Off 02/14/24
January's hotter-than-expected CPI report could spell trouble for the Fed's next move. The Glenview Trust Company's Bill Stone and TD Securities' Gennadiy Goldberg discuss. Plus, high housing costs continue to be a stubborn problem for Americans. Mphasis Digital Risk's Jeff Taylor explains. And, the Dow is coming off its worst single session since March. Truist's Keith Lerner lays out what's ahead.
January CPI, Coca-Cola Earnings, and Stocks' Record Highs 02/13/24
Inflation is front and center today as investors await the first CPI report of 2024. The Conference Board's Dana Peterson tees up the print. Plus, Coca-Cola is out with earnings this morning. UBS' Peter Grom gives his expectations. And, markets are coming off more fresh record highs. Bone Fide Wealth's Douglas Boneparth and ProShares Advisors' Simeon Hyman discuss.
Super Bowl Champions, the IPO Sector, and This Week's Market Catalysts 02/12/24
The Kansas City Chiefs are the Super Bowl champions once again. Moffett Nathanson's Robert Fishman lays out the impact on streaming. Plus, the IPO sector is rocketing higher. Renaissance Capital's Avery Marquez explains. And, investors are awaiting a number of market catalysts this week, including January CPI tomorrow. Principal Asset Management's Seema Shah and Infracap's Jay Hatfield discuss.
S&P 5K, Super Bowl Sunday, and Buy Now, Pay Later 02/09/24
The S&P 500 has crossed above the key psychological 5,000 mark for the first time ever. Fundstrat's Mark Newton and Hightower's Stephanie Link discuss. Plus, ahead of Super Bowl Sunday, companies are racing to jump on the advertising bandwagon. Accenture Song's David Droga explains. And, shares of Affirm are dropping sharply after a 10% run-up going into earnings. JPMorgan's Reginald Smith details the report.
Disney Brings Back the Magic, Activist Investor Pressures Mount, and Health Care's Outperformance 02/08/24
Disney shares are rallying on strong earnings and upbeat guidance. UBS' John Hodulik explains. Plus, it's not just Disney facing pressure from activist investors. 13D Monitor's Kenneth Squire details the other companies impacted. And, the S&P 500's march to 5,000 is not only being powered by the Magnificent 7; it's also health care outperforming this week. Mizuho's Mara Goldstein discusses the sector.
Sports Streaming Deal, Transport's 52-Week High, and New York Community Bank Downgrade 02/07/24
Fox, Disney, and Warner Brothers Discovery are launching a new sports streaming service. Equity Armor Investments' Brian Stutland tees up Disney's earnings report. Plus, the IYT Transport ETF is coming off a fresh 52-week high. Bank of America's Ken Hoexter explains. And, Moody's has cut New York Community Bank's rating to junk. StoneX's Kathryn Rooney Vera and CIC Wealth's Malcolm Ethridge discuss the impact on the broader sector.
Digital Ad Market Recovery, Automaker Sales, and the Stock Sell-Off 02/06/24
Tech stocks continue to outperform as the digital ad market shows signs of recovery. RBC's Brad Erickson explains. Plus, automakers are warning of sluggish sales and production cuts. S&P Global Mobility's Stephanie Brinley dives into the outlook. And, stocks are selling off as traders reassess the impact of "higher for longer" rates. Washington Crossing Advisors' Kevin Caron and Matrix Asset Advisors' David Katz discuss.
Tech Milestones, Restaurant Results, and Powell Not Pivoting 02/05/24
Tech is preparing for another milestone-making day. Hargreaves Lansdown's Sophie Lund-Yates explains. Plus, McDonald's reports earnings this morning ahead of a busy week for restaurant results. Bank of America's Sara Senatore gives her expectations. And, Fed Chair Jerome Powell is stressing that a March rate cut is unlikely. NewEdge Wealth's Ben Emons and Former Bridgewater Chief Investment Strategist Rebecca Patterson discuss.
January Jobs Report, Big Tech Earnings, and Regional Bank Rout 02/02/24
Economists are expecting a modest hiring slowdown in today's jobs report. Citi's Veronica Clark lays out her expectations. Plus, shares of Apple, Meta, and Amazon are moving in different directions as investors digest their earnings reports. Big Technology's Alex Kantrowitz discusses. And, one area struggling to gain its footing is banks. Piper Sandler's Stephen Scouten explains.
Fed Rate Cuts, Tech Earnings, and Black Heritage Month 02/01/24
The Fed has held interest rates steady for another month but signaled that March may be too soon for cuts. JPMorgan's Joyce Chang explains. Plus, Apple, Amazon, and Meta report earnings today. Albion Financial's Jason Ware tees up the results. And, today is the first day of Black heritage month. McKinsey & Co.'s Shelley Stewart lays out the current racial landscape.
Alphabet & Microsoft Earnings, the Latest Fed Decision, and Musk's Tesla Lawsuit 01/31/24
Alphabet and Microsoft are lower following mixed quarterly results. YCG Enhanced Fund's Brian Yacktman explains. Plus, the latest Fed policy decision is out this afternoon. NatWest Markets' Michelle Girard gives her expectations. And, a Delaware judge has sided with an investor lawsuit against Tesla CEO Elon Musk. Cleo Capital's Sarah Kunst discusses.
The Fed's Two-Day Meeting, UPS Results, and Big Tech Earnings 01/30/24
The Federal Reserve begins its two-day policy meeting today. The New York Times' Jeanna Smialek previews the event. Plus, UPS reports earnings this morning. Deutsche Bank's Amit Mehrotra tees up the results. And, Microsoft and Alphabet kick off a busy week of tech earnings. Goldman Sachs' Gurpreet Gill and Freedom Capital Markets' Jay Woods discuss.
Busiest Week of Earnings, Wave of Tech Layoffs, and Middle East Tensions 01/29/24
It's the busiest week of earnings season, with about 20% of the Dow and S&P 500 reporting. CFRA's Angelo Zino tees up the results. Plus, several tech companies are leading a recent wave of layoffs. Recruiter.com's Evan Sohn explains. And, an Iran-backed drone strike killed three American service members over the weekend. RBC Capital Markets' Helima Croft discusses the latest.
December PCE, Intel Under Pressure, and Tesla's Market Cap Blowout 01/26/24
Today's core PCE report is the last look at inflation before next week's FOMC meeting. Citi's Steven Wieting explains. Plus, Intel shares are under pressure on light revenue guidance. Wedbush's Matt Bryson discusses the quarter. And, Tesla's move lower has wiped $80 billion of its market cap. Sanlam Investments' Hannah Gooch-Peters lays out the road ahead.
Tesla's Slowing Growth, the Luxury Sector Outlook, and Fourth Quarter GDP 01/25/24
Tesla shares are under pressure after the EV maker warned for slower growth. Canaccord Genuity's George Gianarikas explains. Plus, LVMH reports full-year results today. Tema ETFs' Javier Gonzalez Lastra discusses the overall luxury sector. And, GDP is expected to show a slowdown during the fourth quarter. Van Lanschot Kempen's Anneka Treon and Rose Advisors' Patrick Fruzzetti break down the report's impact on the markets.
Netflix Shares Surging, Tesla Earnings on Tap, and Growing Pressure on Boeing 01/24/24
Netflix shares are surging after the company blew past expectations in its most recent earnings report. Wolfe Research's Peter Supino explains. Plus, investors are also awaiting results from Tesla. KKM Financial's Jeff Kilburg tees up the numbers. And, pressure is mounting on Boeing in the wake of the Alaska Air plug blowout. Jefferies' Sheila Kahyaoglu discusses.
Netflix Earnings, the Dow's Record High, and the Key Driver for the Markets 01/23/24
Netflix reports earnings after the close today as investors await details on subscriber and revenue growth. Main Street Research's James Demmert tees up the results. Plus, the Dow has closed at a record high for the third time this year, topping 38K for the first time ever. Horizon Investments' Scott Ladner explains. And, the latest wave of earnings is set to be the key driver for the markets. Capital Wealth Planning's Kevin Simpson discusses.
DeSantis Drops Out, United Airlines Earnings, and Investing in Japan 01/22/24
Florida governor Ron DeSantis has ended his bid for the 2024 Republican presidential nomination. Raymond James' Ed Mills explains. Plus, United Airlines reports earnings today amid turbulence in the sector. Citigroup's Stephen Trent tees up the results. And, Japan's Nikkei continues to move higher, hitting a nearly 34-year high. Allspring Global Investments' Eddie Cheng discusses.
Congress' Stopgap Spending Bill, Apple Vision Pro Launch, and AI Growth Opportunities 01/19/24
Congress has passed a third stopgap spending bill in the past four months to keep the U.S. government open. BCA Research's Matt Gerken explains. Plus, pre-orders for the Apple Vision Pro begin today. Albion Financial Group's Jason Ware and CNET's Scott Stein discuss. And, artificial intelligence has been dominating conversations at the World Economic Forum in Davos. Elastic CEO Ashutosh Kulkarni describes what his company is seeing.
One Week of Spot Bitcoin ETFs, Red Sea Company Impact, and Fed Rate Cuts 01/18/24
Today marks one week since the public debut of nearly half a dozen Spot Bitcoin ETFs. 21 Shares' Ophelia Snyder explains. Plus, turmoil in the Red Sea continues as Pakistan and the U.S. launch new airstrikes in the region. DHL Global Forwarding's Casper Ellerbaek lays out how companies are being impacted. And, recent data are making some investors rethink the idea of the Fed cutting rates as soon as March. Howard Capital Management's Vance Howard and Charles Schwab's Jeff Kleintop discuss.
The Fed's Next Steps, Natural Gas Outlook, and Stocks' Losing Streak 01/17/24
Fed Governor Christopher Waller says he's confident inflation is on a path to the 2% target but that there's no reason to rush monetary policy. Former Fed Vice Chairman Roger Ferguson explains. Plus, the price of natural gas is coming off its worst day since March on forecasts that demand will sink later this month. Energy Aspects' Amrita Sen gives her outlook. And, markets are looking to extend yesterday's losses. Chantico Global's Gina Sanchez, Potomac Wealth Advisors' Mark Avallone, and RBC Capital Markets' Amy Wu Silverman discuss.
Red Sea Attacks, the Taiwan Election, and Big Bank Earnings 01/16/24
Houthi rebels are continuing their attacks in the Red Sea despite airstrikes by the U.S. and its allies last week. Milken Institute's William Lee explains. Plus, 2024 may be the year of elections, with roughly half the world's population heading to the polls. Longview Global's Dewardric McNeal discusses the Taiwan election. And, Goldman Sachs and Morgan Stanley round out this season's big bank earnings. Essex Investment Management's Nancy Prial tees up the results.
Houthi Airstrikes, Big Bank Earnings, and Taiwan Elections 01/12/24
The U.S. and UK have launched a series of airstrikes against Houthi military targets in Yemen. RBC Capital Markets’ Helima Croft explains. Plus, some of the country’s largest banks report earnings today. Argus Research’s Stephen Biggar discusses. And, Taiwan is holding presidential and parliamentary elections tomorrow. William Blair’s Vivian Lin Thurston tees up the events.
December CPI, Spot Bitcoin ETF Approval, and Stocks' 2024 Rebound 01/11/24
The key driver for the markets today is the release of the December CPI report. Moody's Analytics' Mark Zandi tees up the number. Plus, the SEC has approved the first Spot Bitcoin ETFs - ones that bulls are betting will draw in new investors into crypto. Bitwise CEO Hunter Horsley discusses the outlook for his company's ETF. And, stocks are rebounding after a rocky start to the year. AlTi Global's Nancy Curtin and CIC Wealth's Malcolm Ethridge explain.
Countdown to Shutdown, CES: Top Stocks to Watch, and Higher Bond Yields 01/09/24
The House returns from the Christmas recess today with less than two weeks to avoid a partial government shutdown. Strategas' Courtney Gelman explains. Plus, tech stocks are rebounding on renewed optimism over artificial intelligence. Wedbush's Dan Ives discusses. And, bond yields are back above 4% after retreating from that key level yesterday. Principal Asset Management's Seema Shah and G Squared Private Wealth's Victoria Greene dive into the impact on the markets.
Boeing Shares Sinking, 2024 Pharma Outlook, and Apple’s Rough Week 01/08/24
Boeing shares are sinking after an in-flight blowout grounded most of the carriers planes. Jefferies’ Sheila Kahyaoglu explains. Plus, the JPMorgan Healthcare Conference kicks off this week. Barclays’ Emily Field tees up the event. And, what’s ahead for Apple following its worst week to start a year since 1982? Arete Research’s Richard Kramer weighs in.
December Jobs Report, the Case for Small-Caps, and Snapping a 9-Week Win Streak 01/05/24
The monthly jobs report is out this morning, with economists expecting employers to have added 170,000 jobs in December. Old National CEO James Ryan describes the hiring landscape in the banking sector. Plus, as market leadership broadens out, there may be a compelling case for small-caps. Alger’s Amy Zhang gives her top picks. And, stocks are set to snap a 9-week win streak. Waddell & Associates’ David Waddell and Wynsource Partners’ Bonawyn Eison discuss.
A Missed Santa Rally, Holiday E-Commerce Returns, and the Trading Day Ahead 01/04/24
It’s been a rough start to the new trading year as the Santa rally fails to materialize. Former Bridgewater Chief Investment Strategist Rebecca Patterson gives her big investment idea for 2024. Plus, this week marks the beginning of the holiday returns season. FedEx VP of Commercialization Ryan Kelly explains what he’s seeing on the ground. And, what’s in store for the trading day ahead? Washington Crossing Advisors’ Kevin Caron and Hightower’s Stephanie Link weigh in.
Apple’s 4% Decline, Countdown to Iowa, and the Case for Financials 01/03/24
Shares of Apple are coming off a 4 percent decline – their biggest drop in four months. Big Technology’s Alex Kantrowitz explains. Plus, we are less than two weeks out from the Republican Iowa Caucus. Stifel’s Brian Gardner discusses what’s at stake. And, today is the final trading day of the “Santa Rally” period. Fairlead Strategies’ Katie Stockton makes the case for one sector in 2024.
Red Sea Attacks, A New Year for Stocks, and Holiday Retail Wrap-Up 01/02/24
Oil prices are starting the new year higher following a clash between Houthi rebels and the U.S. Navy. FreightWaves CEO Craig Fuller gives the latest. Plus, a new year means new opportunities for stocks. G Squared Private Wealth’s Victoria Greene lays out her top picks. And, the holiday shopping season is not over just yet as consumers head back to stores to return or exchange gifts. D.A. Davidson’s Michael Baker wraps up retail for the year.
The Last Trading Day of 2023, the Cybersecurity Space, and the Defense Sector 12/29/23
Today marks the last trading day of 2023 with the major indices near record highs. CIC Wealth's Malcolm Ethridge gives his top stock pick for 2024. Plus, it's been a wild year for the cyber space as more companies report security breaches. Qualys CEO Sumedh Thakar discusses what his business is seeing. And, the rise in geopolitical tensions is providing a boost to the defense sector. Decatur Capital's Degas Wright lays out which stocks he's bullish on.
Media & Entertainment Playbook, Amazon's Strong Run, and the Santa Claus Rally 12/28/23
It's been a year of disruption for the media and entertainment industry. AlixPartners' Grace Lee lays out the road ahead. Plus, after a strong fourth quarter, can Amazon continue its run next year? Clockwise Capital's James Cakmak weighs in. And, the Santa Claus rally is showing no signs of slowing down with the major indices on nine-week winning streaks. LPL Financial's Quincy Krosby and Aureus Asset Management's Kari Firestone discuss what this means for 2024.
Housing Stock Playbook, OpenAI’s Valuation, and 2023 Stock Winners 12/27/23
With mortgage rates poised to come down from their record highs, the housing sector could see some relief next year. Brown Harris Stevens CEO Bess Freedman explains. Plus, OpenAI is reportedly eyeing a fresh round of funding, valuing the company at or above $100 billion. MSA Capital’s Ben Harburg discusses. And, will this year’s stock winners continue their rally in 2024? GLJ Research’s Gordon Johnson weighs in.
Retail Wrap-Up, Holiday Travel Conditions, and Manufacturing's AI Renaissance 12/26/23
The final week of the holiday shopping season kicks off today with New Year's celebrations right around the corner. R5 Capital's Scott Mushkin lays out his retail wrap-up. Plus, travel conditions over the holiday weekend were relatively strong compared with last year's Southwest meltdown. Falcon Group's David Banmiller explains. And, it's not just tech getting in on the AI craze; manufacturing is also jumping on the bandwagon. Xometry CEO Randy Altschuler discusses.
Nike Shares Sinking, Busy Week for Tech, and Data Centers Outlook 12/22/23
Nike shares are sinking after missing revenue estimates for the second straight quarter and slashing full-year guidance. Jane Hali & Associates' Jessica Ramirez explains. Plus, it's been a busy week for the tech sector. Laffer Tengler Investments' Nancy Tengler gives her take on the key headlines. And, one part of tech getting a boost from the AI boom is data centers. Equinix CEO Charles Meyers discusses how his business is capitalizing on the trend.
Defense Spending, Nike Earnings, and Bank Stock Playbook 12/21/23
The need for defense and critical infrastructure is becoming increasingly prevalent as the U.S. and its allies face international and domestic security threats. Parsons CEO Carey Smith lays out what her company is seeing. Plus, Nike reports earnings today as the stock far outpaces the broader retail sector. YCG Funds' Brian Yacktman tees up the report. And, what's the playbook for banks in 2024? KBW's Christopher McGratty gives his top stock picks.
FedEx Under Pressure, Red Sea Attacks, and a Santa Claus Rally 12/20/23
FedEx shares are under pressure after the company lowered full-year revenue guidance. BofA Securities' Ken Hoexter explains. Plus, the U.S. and its allies are reportedly considering a strategy shift around attacks in the Red Sea. FreightWaves CEO Craig Fuller discusses the outlook. And, are the markets poised for a Santa Claus rally? 2/13 Strategic Partners' Greg Sarian and Yardeni Research's Ed Yardeni weigh in.
Red Sea Risks, FedEx Earnings, and 2024 Travel Playbook 12/19/23
Global shipping giant Maersk is re-routing all ships heading for the Red Sea due to the "highly escalated security situation." Edge Worldwide Logistics CEO Philip Edge discusses the impact on his company. Plus, FedEx reports earnings after the close today. NorthStar Asset Management's Nimrit Kang tees up the results. And, what's the outlook for travel stocks in 2024? Raymond James' William Crow weighs in.
The Tech Sector Playbook, Global Hotspots, and the 2024 Presidential Election 12/18/23
A big part of the market narrative continues to be mega-cap tech, but will the sector rally in 2024? Cleo Capital's Sarah Kunst weighs in. Plus, a number of hotspots around the world have the potential to extend into the new year. Fordham Global Foresight's Tina Fordham explains. And, we are just one month away from the kickoff of the first primary contest for the presidential election. American Enterprise Institute's James Pethokoukis discusses.
Market Leadership Reversal, November Mastercard SpendingPulse, and Seven Straight Weeks of Gains 12/15/23
A market leadership reversal could be underway with the utilities sector outpeforming this week and communication services lagging. Mizuho's Anthony Crowdell and The Benchmark Company's Matthew Harrigan lay out what's ahead. Plus, Mastercard is out with its latest SpendingPulse report showing a 7.5% increase in online sales during November. Mastercard's Steve Sadove explains. And, markets are on track to close out a seventh straight week of gains. Silvercrest Asset Management's Robert Teeter, 248 Ventures' Lindsey Bell, and Pivotal Advisors' Tiffany McGhee discuss.
Holiday Shopping Forecast, the Fed's Pivot, and Adobe's Weak Outlook 12/14/23
We're less than two weeks away from Christmas and the end of what's set to be a record holiday shopping season. Amazon's Adam Baker describes what he's seeing on the ground. Plus, the Federal Reserve is sending signals around what could be the start of a central bank pivot. Wall Street Journal's Nick Timiraos explains. And, shares of Adobe are under pressure on a lighter-than-expected forecast. Oppenheimer's Brian Schwartz discusses the report.
The Latest Fed Decision, Oil's Six-Month Low, and the State of Freight 12/13/23
The latest Federal Reserve monetary policy decision is out this afternoon. Morgan Stanley's Seth Carpenter gives his expectations. Plus, oil prices are falling again after dropping to six-month lows yesterday. Bank of America's Francisco Blanch explains. And, what signals is the freight industry sending about the broader economy? RXO CEO Drew Wilkerson weighs in.
The Fed's Two-Day Policy Meeting, the Global M&A Landscape, and 2024 S&P 500 Price Targets 12/12/23
The Federal Reserve kicks off its two-day monetary policy meeting today. New York Times' Jeanna Smialek tees up the event. Plus, the global M&A landscape is under pressure amid higher rates, regulatory concerns, and fears of an economic downturn. LSEG's Matt Toole explains. And, more strategists are out with their 2024 S&P 500 price targets. Oppenheimer Asset Management's John Stoltzfus and Bleakley Financial Group's Peter Boockvar discuss.
Apple Brain Drain, Crypto's Wild Moves, and Busy Week for Wall Street 12/11/23
Apple's Product Design Chief is reportedly leaving the company next year. Fast Company's Stephanie Mehta and D.A. Davidson's Gil Luria discuss what this means for the product pipeline. Plus, crypto is coming off a wild week of price action. Morgan Creek Capital Management's Mark Yusko explains. And, investors are gearing up for a busy week of economic data. UBS Global Wealth Management's Mark Haefele and Douglas C. Lane & Associates' Sarat Sethi lay out the agenda.
November Jobs Report, Lululemon's Gloomy Forecast, and Regulating AI 12/08/23
The November jobs report is out today, with economists expecting employers to have added 180,000 jobs this month compared to 150,000 last month. ZipRecruiter's Chief Economist Julia Pollak gives her predictions. Plus, Lululemon is warning of a gloomy holiday season for retail. SW Retail Advisors President Stacey Widlitz explains. And, EU negotiators are reconvening this morning to discuss AI regulation. AutogenAI CEO Sean Williams lays out his company's latest AI funding milestones.
Oil's Six-Month Low, the Commercial Real Estate Landscape, and Markets' Three-Day Slide 12/07/23
Oil prices are recovering some ground after falling to a six-month low yesterday. CIBC Private Wealth's Rebecca Babin and Third Bridge's Peter McNally discuss. Plus, one of Wall Street's most notable short sellers is setting his sights on commercial real estate. Marcus & Millichap CEO Hessam Nadji weighs in. And, markets are coming off three straight days of losses. Wall Street Journal's Gunjan Banerji and Crossmark Global Investments' Victoria Fernandez explain.
Bank CEOs Testify, Small-Cap Rally, and S&P 500 Price Targets 12/06/23
The CEOs of several of Wall Street’s biggest banks will appear before lawmakers today to talk regulation for the sector. Whalen Global Advisors’ Christopher Whalen discusses. Plus, small-cap stocks have been finding some love from investors lately after lagging the rest of the market for much of this year. Goldman Sachs Asset Management’s Greg Tuorto explains. And, price targets for the S&P 500 next year range between 3,300 and 5,100. Piper Sandler’s Craig Johnson and KKM Financial’s Jeff Kilburg give their year-end predictions.
Disney Board Nominations, Higher Gold Prices, and the Cybersecurity Landscape 12/05/23
The nomination window for Disney board members opens today as the company faces continued pressure from shareholders. Laffer Tengler Investments' Nancy Tengler discusses. Plus, gold prices are ticking back up today after briefly hitting an all-time high yesterday. TD Securities' Bart Melek explains. And, concerns about privacy and data security are rising following a string of recent cyberattacks. Tenable CEO Amit Yoran lays out what his company is seeing.
Middle East Tensions, Tech's Year-to-Date Rally, and the State of Telecommunications 12/04/23
Tensions across the Middle East continue to rise after a U.S. destroyer and three commercial ships in the Red Sea came under fire this weekend. RBC Capital Markets' Helima Croft discusses. Plus, following a stellar year of gains for tech, can the sector rally into 2024? Wedbush's Dan Ives weighs in. And, the telecom industry is just one beneficiary of the AI boom. Calix CEO Michael Weening explains.
Tech's Extraordinary Month, Investing in AI, and OPEC's New Voluntary Cuts 12/01/23
It's been an extraordinary month for tech and the Nasdaq. Hargreaves Landsdown's Sophie Lund-Yates explains. Plus, a big part of tech's rally has been artificial intelligence. Dynatrace CEO Rick McConnell and Mastercard's Raj Seshadri discuss their AI investments. And, OPEC has agreed to new voluntary output cuts of around 2.2 million barrels per day. Amena Bakr dives into the decision.
OPEC Meeting Today, Health Care & AI, and the Global PC Market 11/30/23
OPEC ministers are meeting this morning ahead of their previously delayed meeting. Rystad Energy's Jorge Leon explains. Plus, today marks one year since the public launch of ChatGPT. Hackensack Meridian Health CEO Robert Garrett and Oura CEO Tom Hale discuss the impact of AI on health care. And, Dell reports earnings after the close as investors look for commentary on the global PC market. Raymond James' Simon Leopold gives his expectations.
Remembering Charlie Munger, Salesforce Earnings, and the AI Arms Race 11/29/23
The investment and business worlds are paying their respects to Berkshire Hathaway Vice Chairman Charlie Munger, who has passed away at 99 years old. R360’s Barbara Goodstein discusses. Plus, Salesforce reports earnings today as analysts focus on revenue growth and margin expansion. Main Street Research’s James Demmert explains. And, Nvidia may be the clear winner in the AI arms race, but what other chipmakers are benefiting from the boom? Wedbush’s Matt Bryson weighs in.
One Year of ChatGPT, Market Rally Outlook, and the Final Trading Days of November 11/28/23
We're just two days away from the one-year anniversary of ChatGPT's public launch. Wall Street Journal's Joanna Stern explains. Plus, BMO Capital Markets says the market rally may just be getting started. Potomac Wealth Advisors' Mark Avallone discusses his outlook. And, what's ahead for the final trading days of the month? CIC Wealth's Malcolm Ethridge weighs in.
One Year of ChatGPT, Cyber Monday Expectations, and E-Commerce Spending 11/27/23
It's been one year since the public release of OpenAI's ChatGPT. Arete Research's Richard Kramer explains. Plus, the holiday shopping season is showing no signs of slowing down ahead of Cyber Monday. LSEG's Jharonne Martis discusses. And, e-commerce continues to be a big part of the consumer narrative. DHL's Kraig Foreman weighs in.
The Thanksgiving Economy, Nvidia Under Pressure, and Stocks' Win Streak 11/22/23
We are just one day away from Thanksgiving and the turkey dinners, Black Friday deals, and holiday travel it brings. OPIS' Denton Cinquegrana, American Farm Bureau Federation's Veronica Nigh, and Storch Advisors' Gerald Storch lay out the most impacted industries. Plus, Nvidia shares are lower despite reporting a third straight blowout quarter. CFRA Research's Angelo Zino explains. And, stocks have been riding high in recent weeks despite yesterday's downward blip. AlTi Tiedemann Global's Nancy Curtin and Pivotal Advisors' Tiffany McGhee discuss.
OpenAI Chaos, Nvidia Earnings, and Infrastructure Investments 11/21/23
Chaos at OpenAI continues as investors explore legal action against the company's board due to fears over the safety of their investments. Cleo Capital's Sarah Kunst discusses. Plus, Nvidia reports earnings this afternoon, with shares near an all-time high. Decatur Capital's Degas Wright gives his expectations. And, CRH is acquiring a new portfolio of building material assets for more than $2 billion. CRH CEO Albert Manifold explains.
OpenAI Shakeup, Black Friday Spending, and Stocks' Three-Week Win Streak 11/20/23
Former OpenAI CEO Sam Altman will join Microsoft as the head of a new AI research division. Albion Financial Group's Jason Ware explains. Plus, the holiday shopping period is kicking off in earnest, with consumers expected to spend a record amount during Black Friday and Cyber Monday. Brookfield's Kevin McCrain gives his outlook. And, the S&P 500 is on pace for its largest monthly gain of the year. Carson Group's Ryan Detrick and G Squared Private Wealth's Victoria Greene discuss.
Oil Prices This Month, Strength of the Consumer, and Amazon's New Product 11/17/23
Oil prices are coming off their worst day in more than a month. Energy Aspects' Amrita Sen explains. Plus, a number of retailers are warning about the strength of the consumer ahead of the holiday season. Jefferies' Corey Tarlowe discusses the outlook. And, Amazon is getting into a new product category: cars. CNBC's Micheal Wayland dives into the news.
President Biden and China President Xi Jingping, Walmart Earnings, and the Outlook on Inflation 11/16/23
President Biden and China President Xi Jinping have agreed to re-establish military communications and combat the flow of illegal fentanyl into the U.S. Eurasia Group's Rick Waters explains. Plus, Walmart reports earnings this morning following Target's strong results yesterday. Cadinha & Co.'s Kalei Cadinha-Pua'a's gives her expectations. And, the markets continue to cheer on positive signals around inflation. Van Lanschot Kempen's Anneka Treon and Invesco's Brian Levitt discuss.
Target Earnings, Mastercard SpendingPulse, and U.S.-China Relationship 11/15/23
Target reports earnings this morning as the company grapples with a string of disappointing quarterly results. The Glenview Trust Company's Bill Stone discusses. Plus, Mastercard is out with its latest SpendingPulse data. Mastercard's Steve Sadove dives into the key findings. And, President Biden will meet with Chinese leader Xi Jingping for the first time in a year today at the APEC Summit. Council on Foreign Relations' Zongyuan Zoe Liu explains.
October CPI, Home Depot Earnings, and the Trading Day Ahead 11/14/23
Investors are bracing for a fresh read on inflation from the October CPI. First Watch CEO Chris Tomasso discusses how higher prices are impacting his business. Plus, Home Depot reports earnings today amid concerns about slowing consumer spending. Northstar Asset Management’s Nimrit Kang gives her expectations. And, what’s in store for the trading day ahead? Cetera’s Gene Goldman and Gilman Hill Asset Management’s Jenny Harrington weigh in.
Government Shutdown Showdown, the FOMO Trade, and Economic Data This Week 11/13/23
It's a make-or-break week for Congress, with lawmakers just days away from a government shutdown. Stifel's Brian Gardner explains. Plus, markets are coming off two straight weeks of gains. Wall Street Journal's Gunjan Banerji discusses. And, investors are preparing for fresh economic data, including October CPI and PPI. Veritas Financial Group's Greg Branch breaks down the agenda.
U.S.-China Relations, Stocks’ Win Streak Snapped, and Chip Check-In 11/10/23
Treasury secretary Janet Yellen will meet with China’s vice premier for a second day today ahead of next week’s APEC Summit. Longview Global’s Dewardric McNeal tees up the event. Plus, the markets are facing fresh pressure after the S&P 500 and Nasdaq snapped their longest win streaks in two years. Regions Wealth Management’s Alan McKnight and Matrix Asset Advisors’ David Katz explain. And, shares of Navitas Semiconductor are popping on a third quarter earnings beat. Navitas CEO Gene Sheridan discusses the company’s outlook.
Disney's Earnings Beat, Tech's Winning Streak, and GXO's Holiday Forecast 11/09/23
Disney shares are moving higher following an earnings beat. Citigroup's Jason Bazinet discusses. Plus, the Nasdaq is on its longest winning streak in two years, with the boost in tech stocks coinciding with the drop in Treasury yields. Hargreaves Lansdown's Sophie Lund-Yates weighs in on the sector. And, GXO is cutting its full-year revenue outlook and warning of a holiday spending slowdown. GXO CEO Malcolm Wilson explains.
Disney Earnings, the State of Cybersecurity, and the Fed's Next Move 11/08/23
Disney reports earnings today, with a key focus on profitability for its streaming business. Bleakley Financial Group's Peter Boockvar tees up the results. Plus, a number of companies are facing pressure over a recent string of cyberattacks. Gen Digital CEO Vincent Pilette discusses. And, investors continue to debate the Federal Reserve's next move for rates. Silvercrest Asset Management's Robert Teeter and Capital Wealth Planning's Kevin Simpson explain.
Earnings This Week, China's Growth Forecast, and Rate Hike Outlook 11/07/23
A number of companies are reporting earnings today, including Uber, Occidental Petroleum, and Robinhood. KBW's Jade Rahmani previews results from D.R. Horton. Plus, the IMF has upgraded its growth forecast for China. HSBC's Fred Neumann explains. And, Minneapolis Fed President Neel Kashkari is not convinced rate hikes are over. Howard Capital Management's Vance Howard and CIC Wealth's Malcolm Ethridge discuss.
Worldwide Exchange 11/06/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
October Jobs Report, Apple's Declining Revenue, and Stocks' Best Week of the Year 11/03/23
The monthly jobs report is out this morning, with economists expecting employers to have added 170,000 jobs during October. Milken Institute's William Lee discusses. Plus, Apple shares are under pressure after posting a fourth consecutive quarter of revenue declines. Neuberger Berman's Daniel Flax explains. And, stocks are on track for their best week of the year. Wall Street Alliance Group's Aadil Zaman and Pivotal Advisors' Tiffany McGhee weigh in on the outlook.
Apple Earnings on Tap, the Fed's Rate Pause, and the State of Freight 11/02/23
Apple reports earnings today amid concerns about demand in the U.S. and China. Essex Investment Management's Nancy Prial tees up the results. Plus, the Federal Reserve has paused its rate hiking campaign for the second straight month. Former Fed Vice Chairman Roger Ferguson discusses. And, what signals are the freight industry sending about the economy? ArcBest CEO Judy McReynolds explains.
The Latest Fed Decision, Microsoft's Copilot Launch, and the New Trading Month 11/01/23
The latest Federal Reserve monetary policy decision is out today. Citi's Veronica Clark discusses. Plus, Microsoft is launching its AI copilot tool today. Clockwise Capital's James Cakmak explains. And, what's ahead for the new trading month? Principal Asset Management's Seema Shah and GenTrust's Mimi Duff weigh in.
The Fed's Policy Meeting, Apple's New Macs, and the Final Trading Day of October 10/31/23
The Federal Reserve kicks off its two-day monetary policy meeting today. Citi's Steven Wieting gives his expectations for the decision. Plus, Apple is revamping its Mac lineup with new MacBook Pros and a new iMac. Six Colors' Dan Moren explains. And, what's ahead for the final trading day of the month? Clough Capital Partners' Vince Lorusso and Douglas C. Lane & Associates' Sarat Sethi weigh in.
The State of Regional Banking, the Global PC Market, and McDonald's Earnings 10/30/23
Old National Bancorp is acquiring Capstar Financial in a partnership worth $3.3 billion. Old National CEO James Ryan discusses. Plus, Lenovo is investing $1 billion in AI over the next three years and expanding its partnership with Nvidia. Lenovo SVP Vladimir Rozanovich explains. And, McDonald's reports earnings this morning, with a key focus on higher rates, inflation, and the impact of weight loss drugs on demand. Wedbush's Nick Setyan tees up the results.
Amazon's Earnings Beat, U.S. Strikes in Syria, and a New Shipping Deal 10/27/23
Amazon shares are popping after reporting a 13% increase in revenue. Cleo Capital's Sarah Kunst wraps up the busy week of tech earnings. Plus, U.S. fighter jets have launched an early morning strike on two locations in Syria. RBC Capital Markets' Helima Croft discusses. And, Stonepeak Partners is acquiring intermodal container company Textainer for $7.4 billion. Stonepeak Co-COO Luke Taylor lays out the deal details.
Meta’s Revenue Surge, a New House Speaker, and UPS Earnings on Tap 10/26/23
Meta shares are falling despite reporting a 23% increase in revenue. Private Advisor Group’s Guy Adami discusses. Plus, the House of Representatives has elected a new speaker after weeks with no leader. Stifel’s Brian Gardner explains. And, UPS reports earnings this morning, with analysts expecting a weak quarter. Bernstein’s David Vernon tees up the results.
Microsoft & Alphabet Earnings, 10-Year Treasury Yield, and Another Busy Day of Earnings 10/25/2023
Microsoft and Alphabet shares are moving in opposite directions after reporting results. Laffer Tengler Investments’ Nancy Tengler discusses. Plus, the 10-year Treasury yield is higher again, putting pressure on stocks. Piper Sandler’s Craig Johnson explains. And, Wall Street is preparing for another busy day of earnings. Katz Wealth Management’s Jason Katz tees up the agenda.
Microsoft and Alphabet Earnings, Energy M&A, and Stocks vs. Bonds 10/24/23
Microsoft and Alphabet kick off a busy week for tech earnings. Albion Financial Group’s Jason Ware tees up the results. Plus, investors continue to digest Chevron and Hess’ $53 billion takeover deal. Third Bridge’s Peter McNally explains. And, what’s ahead for stocks as Treasury yields continue to surge? Freedom Capital Markets’ Jay Woods, Bondbloxx’s Joanna Gallegos, and G Squared Private Wealth’s Victoria Greene weigh in.
Big Tech Earnings, Charting the Technicals, and Stocks' Week Ahead 10/23/23
Several big tech names are set to report earnings this week, including Meta, Amazon, Microsoft, and Alphabet. Arete Research's Richard Kramer tees up the results. Plus, what are the charts signaling about the markets? Fairlead Strategies' Katie Stockton lays out the technical indicators she's watching. And, stocks are coming off a tough week for the major indices. Infracap's Jay Hatfield and Franklin Mutual Advisers' Katrina Dudley discuss.
The 2% Inflation Target, Tracking the Transports, and China's Latest Banking Move 10/20/23
Federal Reserve Chair Jay Powell says the FOMC will be "resolute" in sticking to its 2% inflation target. Former Fed Vice Chair Roger Ferguson explains. Plus, transport earnings are painting a mixed picture for the sector. Bank of America's Ken Hoexter discusses the outlook. And, China is injecting a record amount of cash into its banking system and leaving its benchmark rates unchanged. China Beige Book International's Shehzad Qazi gives the latest.
Netflix Shares Popping, Tesla's Stock Sinking, and Regional Bank Earnings 10/19/23
Netflix shares are popping after reporting a boost in subscriber growth. Big Technology's Alex Kantrowitz explains. Plus, Tesla is moving in the opposite direction following its first simultaneous earnings and revenue miss since 2019. Canaccord Genuity's George Gianarikas discusses. And, several regional banks are set to report earnings today as investors focus on deposit levels amid higher rates. Piper Sandler's Stephen Scouten lays out his expectations.
Netflix Earnings Expectations, Tesla Results on Tap, and Economic Data vs. the Fed 10/18/23
Netflix reports earnings after the close today. Citigroup's Jason Bazinet lays out the one metric to watch. Plus, Tesla's results are also on deck amid concerns about demand and margins. Roth Capital's Craig Irwin discusses his expectations. And, the latest string of positive economic data could complicate matters for the Fed. Van Lanschot Kempen's Anneka Treon and Gabelli Funds' Chris Marangi explain.
What to Expect From Bank of America and Goldman Sachs’ Q3 Results; Why Fundstrat’s Tom Lee Likes This Company that Builds the Infrastructure of the Web; Navigating Through Uncertainty From Washington to Israel and China 10/17/23
Nancy Prial of Essex Investments, which owns shares of the big banks, discusses the top issues facing Bank of America and Goldman Sachs ahead of their Q3 earnings. Plus, Fundstrat’s Tom Lee remains bullish on the markets, but says there’s still some uncertainty to work through for stocks to push higher. And, Stifel’s Brian Gardner lays out what President Biden aims to achieve with his visit to Israel, and whether Jim Jordan has a clear path to become House Speaker.
Worldwide Exchange 10/16/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Bank Earnings on Tap, Consumer Spending Pressures, and Investing With Higher Rates 10/13/23
Several banks kick off earnings season today as concerns about loan growth and deposit levels weigh. Argus Research's Stephen Biggar explains. Plus, more than half of executives believe credit card pressures will impact consumer spending in the coming months. Build-A-Bear CEO Sharon Price John discusses what her company is seeing. And, looking to lock in some gains within a higher-for-longer environment? Gilman Hill Asset Management's Jenny Harrington and GLJ Research's Gordon Johnson give their top stock picks.
The Global Software Market, Rates vs. Revenue, and the S&P 500's Bottom 10/12/23
The global software market is projected to grow by $1.35 billion by 2027. Braze CEO Bill Magnuson discusses what his company is seeing. Plus, how do higher rates impact capital expenditure? Einride CEO Robert Falck weighs in. And, it's been one year since the S&P 500 bottomed out at 3,577. Washington Cross Advisors' Kevin Caron, Apex Financial's Lee Baker, and G Squared Private Wealth's Victoria Greene explain.
The Israel-Hamas Conflict, House Speaker Vote, and Pension Fund Investments 10/11/23
Israel enters its fifth day of conflict with Hamas. Perion Network CEO Tal Jacobson discusses his company's response to the situation. Plus, Republicans are set to pick their next candidate for House Speaker today. Beacon Policy Advisors' Stephen Myrow explains. And, pension funds are sitting on the sidelines when it comes to the significant runup in rates. New York City Retirement System's Steven Meier discusses.
The Conflict in Israel, Pepsi Earnings on Tap, and Housing Check 10/10/23
The conflict in Israel enters its fourth day today as thousands of citizens evacuate the region. WalkMe CEO Dan Adika describes what it's like operating in Tel Aviv. Plus, Pepsi reports earnings this morning as the stock underperforms the broader consumer staples sector. Professional Advisory Services' Jeremy Goldberg explains what he's expecting as a shareholder. And, one part of the economy significantly impacted by higher rates is housing. Moody's Analytics' Cristian DeRitis explains.
Israel's Biggest Conflict in More Than 50 Years 10/09/23
Investors around the world are following what's being described as the biggest conflict in Israel in more than 50 years. Ambassador Lincoln Bloomfield gives the latest. Plus, the unrest in Israel is sending the price of oil surging after crude's worst week in months. Energy Aspects' Amrita Sen discusses. And, surging rates continue to put pressure on stocks. TD Securities' Gennadiy Goldberg explains.
September Jobs Report, High Rates vs. Stocks, and the Volatile Trading Week 10/06/23
The monthly jobs report is out today, with economists expecting employers to have added 170,000 jobs in September. Aetrex Worldwide's Matt Schwartz describes the employment landscape in his industry. Plus, high rates continue to put pressure on stocks. Federated Hermes' Steve Chiavarone and F/M Investments' Alex Morris explain. And, how will the markets close out what's been a volatile trading week? CIC Wealth's Malcolm Ethridge weighs in.
Constellation Brands Earnings, Treasury Yields vs. Stocks, and Yesterday's Market Rally 10/05/23
Constellation Brands reports earnings this morning, offering insight into consumer spending trends. Optimize Advisors' Mike Khouw tees up the results. Plus, surging Treasury yields continue to put pressure on stocks. Palisade Capital Management's Dan Veru explains. And, does yesterday's rally have more room to run? Vital Knowledge's Adam Crisafulli weighs in.
More Strike Actions, Sliding Oil Prices, and Surging Treasury Yields 10/04/23
A growing number of unions are striking across the country. Former Acting Labor Secretary Seth Harris and American Enterprise Institute's James Pethokoukis explain. Plus, Ice Brent continues to trade at its lowest level in three weeks. RBC Capital Markets' Helima Croft discusses. And, surging Treasury yields are putting pressure on the broader markets. Silvercrest Asset Management's Robert Teeter and Truist Advisory Services' Keith Lerner lay out what's ahead.
Recession vs. Soft Landing, Consumer Staples: Bull vs. Bear, and Bonds vs. Stocks 10/03/23
The debate around whether the Federal Reserve can pull off a soft landing is heating up. Citi Global Wealth Management's Steven Wieting and Bank of America's Aditya Bhave discuss. Plus, the consumer staples sector has been underperforming the broader market so far this year. Miller Tabak & Co.'s Matt Maley and Horizon Investments' Scott Ladner give the bull and bear cases for the sector. And, surging Treasury yields are putting pressure on stocks. UBS Global Wealth Management's Mark Andersen and Defiance ETFs' Sylvia Jablonski explain.
Trading the Techincals, Oil’s Wild Month, and the Outlook for Stocks 10/02/23
Stocks may be nearing a technical inflection point to start the new trading quarter. Bank of America’s Stephen Suttmeier explains. Plus, oil prices are coming off a wild month as concerns about China and Saudi Arabia mount. Again Capital’s John Kilduff discusses. And, what’s the outlook for the markets into year-end? The Glenview Trust Company’s Bill Stone and G Squared Private Wealth’s Victoria Greene weigh in.
SAP's AI Copilot, A Government Shutdown, and Q4's Best Ideas 9/29/23
SAP is launching a new generative AI copilot tool to boost productivity and efficiency. SAP CEO Christian Klein explains. Plus, lawmakers have less than two days to avert a partial government shutdown. Strategas' Jeannette Lowe discusses. And, as investors gear up for Q4, what stocks should outperform? GLJ Research's Gordon Johnson gives his top pick.
Nike Earnings on Tap, Mega-Cap Tech's Slide, and the U.S. Latino Economy 9/28/23
Nike reports earnings today amid a double-digit decline in the stock so far this year. Oppenheimer's Brian Nagel previews the results. Plus, mega-cap tech stocks are also under pressure due to concerns about rising rates and regulatory scrutiny. Wedbush's Dan Ives discusses the outlook for Q4. And, a new report shows the U.S. Latino economy is continuing to grow. Palladium Equity Partners' Marcos Rodriguez explains why he's investing in companies within that economy.
Apple Bulls vs. Bears, the Read on Regional Banks, and Stock Plays in Q4 9/27/23
Apple is on track to end the month lower due concerns about sales, China, and regulation. Neuberger Berman's Daniel Flax and D.A. Davidson's Tom Forte give the bull and bear cases on the stock. Plus, nearly $270 billion of leveraged loans are at risk of default amid rising rates. Jack Henry & Associates CEO David Foss explains what he's seeing with his business. And, looking to lock in some gains for the fourth quarter? G Squared Private Wealth's Victoria Greene gives her top stock pick.
Rising Consumer Stresses, Stocks in Q4, and the Markets' Continued Slide 9/26/23
The potential for a soft landing is facing pressure amid rising consumer stresses. Jefferies' Corey Tarlowe explains. Plus, which stocks are best positioned going into the fourth quarter? CIC Wealth's Malcolm Ethridge gives his pick. And, markets are poised to give back yesterday's gains, with futures pointing towards a lower open. Oppenheimer Asset Management's John Stoltzfus and RBC Capital Markets' Amy Wu Silverman discuss.
Final Week of Q3, Best Stock Ideas, and Wall Street’s Agenda On Tap 9/25/23
Markets are kicking off the final week of Q3, with all three indices poised to end the quarter in the red. WisdomTree’s Jeremy Schwartz explains. Plus, missed out on the year-to-date rally and hoping to lock in some gains? Franklin Mutual Advisers’ Katrina Dudley gives her best stock idea. And, there’s a busy agenda on tap for Wall Street, but is last week’s selling a tell for this week’s action? Veritas Financial Group’s Greg Branch weighs in.
UAW Strike Deadline, Surging Yields vs. Falling Stocks, and the Final Trading of the Week 9/22/23
The clock is ticking towards the United Auto Workers' noon deadline today for "serious progress" from Ford, General Motors, and Stellantis. American Enterprise Institute's James Pethokoukis explains what's at stake. Plus, surging yields are sending stocks to their lowest levels in months. Principal Asset Management's Seema Shah discusses. And, what's ahead for the final trading day of the week? CFRA Research's Sam Stovall weighs in.
FedEx Shares Popping, Higher For Longer, and a Lower Market Open 9/21/23
FedEx shares are moving higher on an EPS beat and a raise to full-year guidance. Bernstein's David Vernon explains. Plus, investors are digesting the latest Federal Reserve policy decision, where they paused interest rate increases but signaled the potential for another hike this year. Freedom Capital Markets' Jay Woods and RBC Brewin Dolphin's Janet Mui discuss. And, the markets are pointing to a lower open following back-to-back losses yesterday. Capital Wealth Planning's Kevin Simpson lays out the trading day ahead.
The Fed's Latest Decision, A Looming Government Shutdown, and a Cooling Housing Market 9/20/23
The latest Federal Reserve monetary policy decision is due out this afternoon, where they're expected to hold rates steady. Apollo Global Management's Torsten Slok previews the outcome. Plus, Congress now has 11 calendar days to pass a short-term measure to avert a government shutdown. Raymond James' Ed Mills discusses what's at stake. And, high prices, record mortgage rates, and low inventory are putting pressure on the housing market. Housing Wire's Logan Mohtashami explains.
The Fed's Monetary Policy Meeting, Instacart's IPO, and Mastercard Holiday Sales Forecast 9/19/23
The Federal Reserve kicks off its two-day monetary policy meeting today, where they're widely expected to hold interest rates steady. Morgan Stanley's Ellen Zentner discusses. Plus, Instacart is set to begin trading on the Nasdaq this morning following Arm's successful IPO last week. Cleo Capital's Sarah Kunst and SW Retail Advisors' Stacey Widlitz give their expectations. And, Mastercard is out with its Holiday Sales Forecast, estimating retail sales to grow by 3.7%. Mastercard Economics Institute's Michelle Meyer dives into the report.
Oil's Win Streak, the UAW Strike, and Wall Street's Week Ahead 9/18/23
Oil is riding a three week win streak and hovering near its highest level in 11 months. Bank of America's Francisco Blanch explains. Plus, the United Auto Workers' strike is now in its fourth day with no immediate resolution in sight. Moody's Analytics' Mike Brisson discusses what's ahead. And, investors are gearing up for a busy week on Wall Street, with a key focus on the next Federal Reserve policy decision. Blanke Schein Wealth Management's Robert Schein and Matrix Asset Advisors' David Katz break down what this means for the markets.
UAW Strike, the Fed’s Next Move, and Triple Witching Day. 9/15/23
For the first time ever, the United Auto Workers union is striking at all three Detroit automakers. Jefferies’ Philippe Houchois and Harvard Law School’s Sharon Block explain. Plus, Wall Street is all but certain that the Federal Reserve will pause interest rate hikes at next week’s meeting. UBS Global Wealth Management’s Mark Haefele discusses. And, the markets will likely experience volatility today with $3.4 trillion worth of options contracts set to expire. CIC Wealth’s Malcolm Ethridge dives into the trading day ahead.
Arm Begins Trading, UAW Strike, and Investing in China 9/14/23
Arm begins trading on the Nasdaq today at $51 a share. MSA Capital's Ben Harburg and Bernstein's Sara Russo discuss. Plus, the clock is ticking for the UAW to reach a deadline with Detroit automakers ahead of the deadline tonight. Anderson Economic Group's Patrick Anderson weighs in on what's ahead. And, more firms are pulling investments out of China due to the business environment, slumping economic recovery, and ongoing political tensions. Council on Foreign Relations' Zongyuan Zoe Liu explains.
August CPI, Apple's Product Lineup, and Recession Expectations 9/13/23
The big market story of the morning is the August CPI print. Van Lanschot Kempen's Anneka Treon and Decatur Capital's Degas Wright discuss. Plus, Apple has unveiled a lineup of new products, including the iPhone 15 and a new Apple Watch. D.A. Davidson's Tom Forte breaks down the impact on the stock. And, despite dwindling recession expectations, investors have been forced to re-evaluate their finances. Leavell Investment Management's Andrew Grinstead explains.
Google's Anti-Trust Trial, Rising Risk to Markts, and UPS' Financial Update 9/12/23
Google faces the Department of Justice today over anti-trust concerns. Evercore ISI's Mark Mahaney weighs in on the trial's impact on big tech. Plus, JPMorgan CEO Jamie Dimon says, while economic conditions are strong right now, there is risk ahead. New Street Advisors Group's Delano Saporu and G Squared Private Wealth's Victoria Greene discuss. And a new investor presentation from UPS details the financial impact of the new Teamsters contract. UPS CEO Carol Tomé explains in an exclusive interview.
Oracle Earnings, Biden’s Trip to Vietnam, and Key Inflation Data 9/11/23
Oracle reports earnings after the close today, with investors expecting double-digit cloud revenue growth. Bernstein’s Mark Moerdler previews the results. Plus, President Biden is wrapping up a visit to Vietnam today after attending the G20 Summit in India this weekend. Center for Strategic and International Studies’ Erin Murphy discusses. And, it’s a busy week on Wall Street ahead of the August CPI print on Wednesday. Howard Capital Management’s Vance Howard and Gabelli Funds’ Chris Marangi explain.
Apple Bouncing Back, the G20 Summit, and Markets This Week 9/8/23
Apple is bouncing back this morning after losing more than 6% of its stock price this week. Big Technology’s Alex Kantrowitz explains. Plus, leaders of the world’s largest economies are descending on India this weekend for the G20 Summit. Atlantic Council’s Josh Lipsky discusses. And, markets are on pace for another negative week. Chantico Global’s Gina Sanchez and Hightower’s Stephanie Link give their investment thoughts.
The NFL Season Kickoff, Weak China Data, and the Fed's Beige Book 9/7/23
The NFL kicks off its season tonight, with big implications for gambling and streaming stocks. JMP Securities' Jordan Bender and UBS' John Hodulik explain. Plus, new data from China show imports and exports slowing for another month. Oxford Economics' Louise Loo discusses. And, the Fed's latest Beige Book revealed growth in the U.S. economy and jobs market slowed in July and August. TS Lombard's Skylar Montgomery Konig and Crossmark Global Investments' Victoria Fernandez break down the impact on the markets.
Back-to School & Back-to-the Office, Oil Production Cuts, and the State of Meme Stocks 9/6/23
With Labor Day marking the unofficial end of summer, millions of Americans are heading back to school and work this week. Storch Advisors' Gerald Storch and CBRE's Julie Whelan discuss the impact on retail and real estate. Plus, Saudi Arabia and Russia are extending oil production cuts to the end of this year. CIBC Private Wealth's Rebecca Babin explains the outlook for oil prices. And, meme stocks are coming off massive declines during the month of August. Investopedia's Caleb Silver breaks down where retail investors are searching for opportunities.
Congress Returns, Arm's IPO, and Growing Bearish Sentiment 9/5/23
Congress returns from summer break this week as it looks to ensure the government is funded past the September 30 deadline. American Enterprise Institute's James Pethokoukis explains. Plus, Arm Holdings is expected to kick off its roadshow today ahead of its highly anticipated IPO. Renaissance Capital's Avery Spear explains. And, bearish sentiment is growing at the start of what's historically a rough month for stocks. The Glenview Trust Company's Bill Stone and RBC Capital Markets' Amy Wu Silverman weigh in on the outlook.
August Jobs Report, the New Trading Month, and Stocks in September 9/1/23
The monthly jobs report is out this morning, with economists expecting hiring to have cooled off during August. ZipRecruiter's Julia Pollak explains. Plus, markets are kicking off a new trading month today. Apex Financial's Lee Baker and Steward Partners' Eric Beiley discuss. And, which sectors are poised to benefit in September? Evans May Wealth's Elizabeth Evans weighs in.
July PCE Prices, Lululemon Earnings, and Hurricane Idalia’s Insurance Impact 8/31/23
July PCE – the Fed’s preferred gauge inflation – is out this morning as investors assess the possibility of more rate hikes this year. Milken Institute’s William Lee discusses. Plus, Lululemon reports earnings after the close today as it outperforms the broader retail sector. Oppenheimer’s Brian Nagel previews the results. And, one part of the market keeping a close eye on Hurricane Idalia is the insurance business. Piper Sandler’s J. Paul Newsome explains.
Busy Week for Jobs, Salesforce Earnings, and Markets' Relief Rally 8/30/23
It's a busy week on the jobs front, with several employment reports on tap. Clune Construction CEO Dave Hall details the hiring landscape in his industry. Plus, Salesforce reports earnings today as the company accelerates its focus on profitable growth and shareholder value. Baird's Rob Oliver previews the results. And, the markets appear to be in relief-rally mode to close out what has otherwise been a brutal month for stocks. Hennessy Funds' Josh Wein and KKM Financial's Jeff Kilburg explain.
New Bank Regulations, Lower Healthcare Costs, and Global PC Demand 8/29/23
The FDIC is set to unveil tougher regulations for small and mid-sized banks. KBW's Christopher McGratty explains. Plus, President Biden will speak at an event on lowering healthcare costs, targeting prices for medicare prices. William Blair's Matt Phipps discusses the impact on the pharma sector. And, Best Buy reports earnings today, providing a snapshot on the health of the consumer and enterprise demand. Canalys' Ishan Dutt lays out his expectations.
The Path Forward for Rates, the Final Trading Week in August, and Gina Raimondo in China 8/28/23
Jerome Powell says additional interest rate increases could be ahead as inflation remains stubbornly high. Former Fed Vice Chair Roger Ferguson explains. Plus, markets are kicking off the final trading week in August, capping off what’s been a negative month for stocks. Investopedia’s Caleb Silver discusses. And, U.S. Commerce Secretary Gina Raimondo is in China this week, holding high stakes meetings with key senior officials and business leaders. Longview Global’s Dewardric McNeal describes the global impact.
Jackson Hole Day 2, A Dismal Time for Stocks, and Black Business Month 8/25/23
The Fed kicks off day 2 of its Economic Policy Symposium in Jackson Hole today, where Chairman Jay Powell is set to deliver fresh remarks on inflation. The New York Times' Jeanna Smialek details what to expect. Plus, August is living up to its reputation as a dismal month for stocks. Carson Group's Ryan Detrick and GenTrust's Mimi Duff discuss. And, as Black Business Month comes to a close, it's time to celebrate the accomplishments of black entrepreneurs. The Open Opportunity Fund's Paul Judge explains.
Nvidia Shares Soaring, Retail's Decline, and the Fed Symposium 8/24/23
Nvidia shares are soaring after the company posted a blowout quarter. Wedbush's Matt Bryson explains. But, it's a different story for retail, with Foot Locker and Macy's dragging down the sector. Jane Hali & Associates' Jessica Ramirez discusses. And, the Fed's Economic Symposium begins today as markets turn their attention to the state of inflation. RBC Brewin Dolphin's Janet Mui and G Squared Private Wealth's Victoria Greene lay out their expectations.
Nvidia Earnings on Tap, Microsoft's Revised Activision Blizzard Proposal, and the Dog Days of August 8/23/23
Nvidia reports earnings this afternoon with the stock up more than 200%. Stifel's Ruben Roy previews the results. Plus, the CMA is reviewing Microsoft's restructured proposal to purchase Activision Blizzard. GlobalData's Cyrus Mewawalla explains what's at stake for tech regulation. And, the dog days of August continue to impact the markets. Chantico Global's Gina Sanchez, Howard Capital Management's Vance Howard, and Fundstrat's Tom Lee discuss.
Microsoft & Activision's Renewed Deal, Lowe's Earnings on Tap, and Summer Travel Outlook 8/22/23
UK regulators say they will take a fresh look at Microsoft's $69 billion deal for Activision Blizzard. UK Competition & Markets Authority CEO Sarah Cardell explains. Plus, Lowe's rounds out earnings for the major retailers as it prepares to report results today. UBS' Michael Lasser previews the quarter. And, with Labor Day just around the corner, travelers are readying for bigger crowds this year. Choice Hotel Internationa's Anna Scozzafava discusses.
Magnificent Seven's Correction Territory, China's Rate Cuts, and the U.S. Housing Market 8/21/23
Five magnificent seven stocks are in correction territory after falling more than 10% from their 52-week highs. RBC Capital Markets' Brad Erickson explains. Plus, China's central bank is cutting its one-year prime loan rate and leaving its five-year rate unchanged. Oxford Economics' Louise Loo discusses. And, mortgage rates have been moving higher this month, putting the brakes on activity in the housing market. Zillow's Orphe Divounguy dives into the latest.
The Consumer vs. Inflation, Madden 24 Release, and China's Very Bad Week 8/18/23
Retailers are coming off a big week of earnings, with the outlook for consumer demand and inflation in focus. LSEG's Jharonne Martis and Again Capital's John Kilduff discuss. Plus, Electronic Arts is releasing Madden 24 today. Raymond James' Andrew Marok explains the impact on the video game landscape. And, China continues to report weak economic data, spurring concerns about growth in that country. China Beige Book International's Shehzad Qazi explains.
Walmart Earnings, Cisco Shares Rising, and the S&P's Negative Track Record 8/17/23
Walmart reports earnings this morning following results from Target and Home Depot earlier this week. Jefferies' Corey Tarlowe previews the report. Plus, Cisco shares are rising on confidence over the company's AI capabilities. Deutsche Bank's Matthew Niknam explains. And, the S&P 500 is now on pace for its third negative week in a row. UBS Global Wealth Management's Mark Andersen and Truist's Keith Lerner discuss.
Target Earnings, Commercial Real Estate, and Markets’ Rough Patch 8/16/23
Target reports earnings this morning after warning of a potential revenue slump back in May. Keybanc’s Bradley Thomas previews the results. Plus, commercial real estate may be at risk as the U.S. assesses its credit rating. Marcus & Millichap’s Hessam Nadji discusses. And, the markets have been declining so far this week amid a seasonal rough patch. Van Lanschot Kempen’s Anneka Treon and ProShares Advisors’ Simeon Hyman explain.
Home Depot Earnings, AI Winners & Losers, and A Lower Market Open 8/15/23
Home Depot reports earnings this morning following back-to-back quarters of misses. D.A. Davidson’s Michael Baker previews the results. Plus, Saudi Arabia and the UAE have reportedly purchased Nvidia chips in pursuit of their AI ambitions. RBC Capital Markets’ Rishi Jaluria breaks down the AI stock winners and losers. And, futures are pointing towards a lower open after a mixed session yesterday. Baird’s Ross Mayfield and Capital Wealth Planning’s Kevin Simpson discuss.
Goldman’s Rate Cut Forecast, Mastercard SpendingPulse, and the New Trading Week 8/14/23
Goldman Sachs is forecasting for the first Federal Reserve rate cut to come in the second half of next year. NewEdge Wealth’s Ben Emons explains. Plus, Mastercard is out with its latest SpendingPulse survey, showing the consumer remains strong. Mastercard’s Michelle Meyer discusses. And, what’s ahead for the new trading week? Harrison Street’s Christopher Merrill weighs in.
July's Producer Price Index, Retail's Busy Earnings Week, and the Hollywood Writers Strike 8/11/23
Markets are poised for a mixed open as Wall Street awaits the July PPI print. Principal Asset Management's Seema Shah, Van Lanschot Kempen's Anneka Treon, and Infracap's Jay Hatfield discuss. Plus, retailers are gearing up for a busy week of earnings, with Walmart, Home Depot, and Target all set to report. Oppenheimer's Brian Nagel previews the results. And, striking writers in Hollywood will return to the bargaining table today following more than 100 days of the strike. The Hollywood Reporter's Alex Weprin explains.
July CPI, Disney’s Mixed Quarter, and the Weight-Loss Drug Market 8/10/23
July CPI is out this morning and is expected to show that the pace of price increases is easing. Citi Global Wealth’s Steven Wieting discusses. Plus, Disney shares are higher after the company posted a mixed quarter, where it beat on EPS but missed on revenue and subscriber estimates. Citigroup’s Jason Bazinet dives into the report. And, demand for weight-loss drugs continue to surge, with Novo Nordisk reporting a five-fold jump in sales for its WeGovy product. Barclays’ Emily Field explains.
Bank Stocks Dipping, Oil Price Rising, and Disney's New Partnership 8/9/23
Bank stocks are getting hit hard due to Italy's proposed windfall tax and Moody's downgrade of several regional lenders. The New York Times' Kate Kelly explains. Plus, oil prices are rising following weaker-than-expected Chinese inflation data. RBC's Helima Croft discusses. And, Disney reports earnings after the close today, with ESPN's new partnership with Penn Entertainment now front and center. CNBC.com's Alex Sherman previews the results.
UPS Earnings On Tap, Apple's Rough Run, and the Future of the Rally 8/8/23
UPS reports earnings this morning as investors look for commentary on margins, volume, and the cost of labor negotiations. Bernstein's David Vernon lays out the set-up. Plus, it's been a rough few days for Apple since the company reported quarterly results. D.A. Davidson's Tom Forte explains. And, with futures pointing towards a lower open, how much further can this year's rally go? Wall Street Alliance Group's Aadil Zaman and Charles Schwab's Jeffrey Kleintop weigh in.
Tech's Big Week, Oil Prices, and Chinese Stocks 8/7/23
Tech is coming off a big week of earnings, with Apple notching its worst single day performance of the year. Arete Research's Richard Kramer discusses the outlook. Plus, oil prices are holding steady after Saudi Arabia and Russia pledged to continue production cuts for another month. Kpler's Matt Smith explains. And, Chinese authorities are reportedly putting pressure on local experts to avoid discussing negative economic trends in China. Longview Global's Dewardric McNeal dives into the market impact.
Amazon vs. Apple, the July Jobs Report, and More Oil Output Cuts 8/4/23
Amazon shares are rising on an earnings beat, while Apple shares are falling following another quarter of revenue declines. CFRA’s Arun Sundaram and Synovus Trust’s Dan Morgan discuss. Plus, the monthly jobs report is out today, with economists expecting employers to have added 200,000 net new jobs last month. ZipRecruiter’s Julia Pollak explains. And, Saudi Arabia is extending its oil output cut of one million barrels per day through September. Energy Intelligence’s Amena Bakr breaks down the impact on energy prices.
Apple & Amazon Earnings, the Markets' Sell-Off, and the Trading Day Ahead 8/3/23
Apple and Amazon report earnings today following a heavy sell-off in the tech sector yesterday. Neuberger Berman's Daniel Flax and R5 Capital's Scott Mushkin preview the results. Plus, the markets are still digesting Fitch's downgrade of the U.S.' credit rating. RBC Brewin Dolphin's Janet Mui and Bondbloxx's Joanna Gallegos discuss. And, what's in store for the trading day ahead? UBS Private Wealth Management's Alli McCartney weighs in.
Fitch's U.S. Credit Downgrade, Starbucks' Mixed Quarter, and the Restaurant Sector 8/2/23
Markets are lower after Fitch Ratings downgraded the U.S. credit rating from AAA to AA+. WisdomTree's Aneeka Gupta and Evans May Wealth's Brooke May discuss. Plus, Starbucks shares are dipping after a mixed second quarter. Bank of America's Sara Senatore explains. And, it's been a mixed picture for restaurants this earnings season. First Watch CEO Chris Tomasso weighs in on what he's seeing with his business.
Uber Earnings, the New Trading Month, and the American Consumer 8/1/23
Uber reports earnings this morning amid a rally for the stock so far this year. D.A. Davidson's Tom White lays out his expectations. Plus, investors are gearing up for the start of a new trading month. Potomac Wealth Advisors' Mark Avallone and Crossmark Global Investments' Victoria Fernandez discuss. And, halfway through earnings season, commentary on the state of the American consumer remains mixed. Storch Advisors' Gerald Storch explains.
Busiest Week of Earnings Season, China Stocks, and the Final Trading Day of July 7/31/23
Markets kick off the busiest week of earnings season with a key focus on Apple and Amazon. Wedbush’s Dan Ives previews the results. Plus, China stocks are higher on hopes of a government-backed economic stimulus. KraneShares’ Brendan Ahern discusses. And, what’s in store for the final trading day of the month? Delancey Wealth Management’s Ivory Johnson and Matrix Asset Advisors’ David Katz weigh in.
Intel's Return to Profitability, Ford's F-150 Recall, and Lower Oil Prices 7/28/23
Intel is sharply higher this morning after reporting second quarter results that topped estimates. Counterpoint Research's Akshara Bassi breaks down the results. Plus, Ford is pushing back production targets for its electric vehicles and recalling more than 870,000 F-150 trucks in the U.S. Wall Street Journal's Tim Higgins discusses. And, oil prices are lower this morning after briefly trading above $80 for the first time since April. Again Capital's John Kilduff explains the moves.
Meta’s Roaring Revenue, a Level One Weather Emergency, and the Restaurant Trade 7/27/23
Meta shares are popping after the company reported an 11% increase in revenue. Cleo Capital’s Sarah Kunst breaks down the results. Plus, PJM Interconnection has declared a Level 1 emergency ahead of what’s expected to be this summer’s first major northeastern heatwave. Keybanc’ Sophie Karp explains the impact on utility stocks. And, McDonald’s reports earnings today following Chipotle’s mixed quarter, where it warned of cost pressures ahead. Bank of America’s Sara Senatore discusses the restaurant sector.
The Latest Fed Decision, Microsoft vs. Alphabet, and Investing in REITS 7/26/23
Wall Street is bracing for the latest monetary policy decision by the Federal Reserve, where a 25 basis point increase is all but certain to come. Milken Institute’s William Lee discusses. Plus, Microsoft and Alphabet shares are heading in opposite directions following yesterday’s earnings reports. Clockwise Capital’s James Cakmak breaks down the results. And, outside of traditional assets, are REITS a good long-term investment? Mizuho’s Haendel St. Juste weighs in.
The Fed’s Two-Day Meeting, Microsoft & Alphabet Earnings, and UPS vs. the Teamsters 7/25/23
The Federal Reserve kicks off its latest policy decision meeting today, where it’s widely expected to resume its historic rate hiking campaign. The New York Times’ Jeanna Smialek discusses. Plus, Microsoft and Alphabet kick off earnings season for mega-cap tech this week. Hargreaves Landsdown’s Sophie-Lund Yates previews the results. And, UPS and the Teamsters are headed back to the negotiating table with less than a week to go until the deadline. Pitney Bowes EVP Gregg Zegras gives his industry take on the situation.
UPS Labor Strike, Emerging Markets Plays, and the “Barbenheimer” Effect 7/24/23
The U.S. economy is bracing for what could be the costliest labor strike in a century between UPS and more than 300 thousand union workers. Bernstein’s David Vernon describes the stock impact. Plus, outside the typical sectors, emerging markets may be an up-and-coming play. Morgan Stanley’s Amy Oldenburg explains. And, this weekend’s “Barbenheimer” premiere gave the summer box office and movie theaters a major boost. Wedbush’s Alicia Reese discusses what’s to come.
China’s Economy, AI & Corporations, and the Trading Day Ahead 7/21/23
Weak economic data in China in spurring worries about deflation in that country. Former Morgan Stanley Asia Chairman Stephen Roach discusses. Plus, a growing number of companies are incorporating AI into their corporate strategies. Zebra Technologies CEO Bill Burns explains what his company is doing. And, markets are approaching what could be a major inflection point with the Nasdaq 100’s rebalance. NewEdge Wealth’s Ben Emons and Farr, Miller, & Washington’s Michael Farr preview the trading day ahead.
Netflix Shares Falling, Tesla Trading Lower, and Regional Bank Earnings 7/20/23
Netflix shares are falling after the company beat earnings estimates but missed on revenue. Citigroup’s Jason Bazinet discusses. Plus, Tesla’s stock is also trading lower despite the EV maker posting record quarterly revenue. Canaccord Genuity’s George Gianarikas explains. And, a slew of regional banks are set to report quarterly results today following strong reports from the big banks. KBW’s Christopher McGratty gives the setup.
Netflix, Tesla, and Goldman Sachs Earnings on Tap 7/19/23
Netflix reports earnings after the close today as investors look for insight into the impact of the company’s ad-supported tier and password sharing crackdown. Wolfe Research’s Peter Supino discusses. Plus, Tesla is also gearing up to post results amid a massive rally for the stock. ROTH Capital’s Craig Irwin explains why he’s still bearish on the name. And, Goldman Sachs closes out a busy few days of big bank earnings this morning. Piper Sandler’s Stephen Scouten breaks down the performance in financials.
More Big Bank Earnings, Labor Unrest, and June Retail Sales 7/18/23
Investors are bracing for another batch of big bank earnings before the opening bell today. JMP Securities’ Devin Ryan breaks down his expectations. Plus, it’s been a summer of labor unrest across the country. American Enterprise Institute’s James Pethokoukis explains. And, June retail sales are out this morning, offering insight into the consumer and inflation. Apollo Global Management’s Torsten Slok discusses what this means for the Fed.
Under-the-Radar Stock Winners, Tech Stories of the Day, and Earnings Season 7/17/23
Beyond some high-flying names, a number of other stocks are hitting fresh highs. CIC Wealth’s Malcolm Ethridge breaks down the trades. Plus, Microsoft has stuck a deal with Sony to keep “Call of Duty” on PlayStation as it pushes for its acquisition of Activision Blizzard. Big Technology’s Alex Kantrowitz weighs in on the news. And, investors are awaiting a busy week on Wall Street as earnings season kicks into full gear. WisdomTree’s Jeremy Schwartz and Veritas Financial Group’s Greg Branch discuss.
Big Bank Earnings, Hollywood Actors on Strike, and the Markets vs. the Fed 7/14/23
Investors are bracing for what’s shaping up to be a very tough earnings season for the country’s biggest banks. Argus Research’s Stephen Biggar lays out his expectations. Plus, actors in Hollywood are officially on strike after failing to reach a deal with producers. The Benchmark Company’s Matthew Harrigan discusses what this means for media stocks. And, Fed governor Christopher Waller says he’s not convinced by this week’s cooler-than-expected inflation data. Chantico Global’s Gina Sanchez and Pivotal Advisors’ Tiffany McGhee explain the impact on the markets.
Next Steps for the Fed, Delta Airlines Earnings, and the State of Freight 7/13/23
June’s cooler-than-expected CPI print is prompting questions about the next steps for the Federal Reserve. Wells Fargo Senior Economist Sarah House and Former Acting CEA Chairman Tomas Philipson discuss. Plus, earnings kick off this week with focus on Delta Airlines today following continued flight disruptions this summer. Jefferies’ Sheila Kahyaoglu previews the results. And, the transports industry may be emerging from a freight recession for the second half of the year. Deutsche Bank’s Amit Mehrotra explains.
June CPI, Investor Sentiment, and Cautious Around Stocks 7/12/23
Investors are counting down to today’s June CPI report, with expectations for the headline number to fall to its lowest level since March 2021. Moody’s Analytics’ Mark Zandi gives his thoughts. Plus, investor sentiment appears to be shifting due to worries around more rate hikes and a potential recession. Investopedia’s Caleb Silver explains the latest data. And, a growing number of banks are becoming increasingly cautious around equities. RBC Brewin Dolphin’s Janet Mui and GenTrust’s Mimi Duff discuss the markets.
Amazon Prime Day, Citi’s AI Playbook, and the Fed’s Take on Rates 7/77/23
Amazon’s annual Prime Day event is underway, which analysts say is a test of consumer demand. SW Retail Advisors’ Stacey Widlitz lays out her expectations. Plus, Citi is out with its own AI playbook, laying out some under-the-radar names set for significant and transformational opportunities in the space. Citi’s Amit Harchandani breaks down the report. And, several Fed officials say more rate hikes are likely before the central bank reaches its 2% inflation target. Van LanschotKempen’s Anneka Treon and Truist’s Keith Lerner discuss the impact on the markets.
The Fed’s Path Forward, Investing in China, and the Trading Week Ahead 7/10/23
Investors are still digesting Friday’s disappointing jobs data, where the U.S. economy added 50,000 fewer jobs than economists were expecting. Former Federal Reserve Board Vice Chair Roger Ferguson gives his thoughts. Plus, Chinese producer prices fell for the ninth straight month in June, marking the steepest decline since 2015. MSA Capital’s Ben Harburg discusses investing in China. And, it’s a busy week on Wall Street with June CPI and the start of Q2 earnings season both on tap. Palisade Capital Management’s Dan Veru and ProShares Advisors’ Simeon Hyman lay out the agenda.
Worldwide Exchange 7/07/23
Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 7/06/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 7/05/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Worldwide Exchange 7/03/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. CNBC Anchor Frank Holland takes listeners through top business stories with global significance. Features conversations with key leaders, analysis of business and investor trends, and impact across international markets.
Nike’s Earnings Miss, Japan’s Semiconductor Purchase, and Markets in the Second Half of 2023 6/30/23
Nike shares are falling after the company missed on earnings for the first time in three years. Oppenheimer’s Brian Nagel breaks down the results. Plus, a Japan-backed fund is set to buy semiconductor firm JSR as the country pushes for domestic production. JSR CEO Eric Johnson discusses the details. And, what’s ahead for the markets in the second half of the year? Chantico Global’s Gina Sanchez and RBC Capital Markets’ Elsa Lignos weigh in.
Micron Shares Rising, Nike Earnings on Tap, and Virgin Galactic’s Commercial Launch 6/29/23
Micron shares are rising after the company beat on both earnings and revenue. Wedbush’s Matt Bryson breaks down the quarter. Plus, investors are gearing up for results from Nike after the close today. RBC Capital Markets’ Piral Dadhania lays out what to expect. And, Virgin Galactic is set to launch its first commercial space flight today as the space tourism race ramps up. Phantom Space CEO Jim Cantrell discusses the event.
Markets in June, Fast Food vs. Fast Casual, and the Final Trading Days of Q2 6/28/23
Markets are putting a stop to their skid and preparing to close out a solid performance for June. Blanke Schein Wealth Management’s Robert Schein discusses the movement. Plus, CAVA’s successful IPO may be providing inspiration for other restaurants to go public this year. Barclays’ Jeffrey Bernstein gives his expectations. And, what’s ahead for the final trading days of the quarter? Evans May Wealth’s Lizzie Evans weighs in.
Tech’s Stellar First Half, Biden’s Infrastructure Plans, and Housing vs. the Fed 6/27/23
Tech has had a stellar start to 2023, but as investors look ahead to the second half of the year, they’re growing more focused on the potential risks around mega-cap tech’s massive market concentration. Big Technology’s Alex Kantrowitz discusses the outlook. Plus, the Biden administration has now allocated more than $260 billion for thousands of infrastructure projects, ranging from broadband and public transit to roads and bridges. Wolfe Research’s Timna Tanners breaks down which companies are set to benefit. And, a slew of housing data is out this week, providing fresh insight into the sector following the Fed’s first pause in its interest rate hiking campaign in more than a year. Brown Harris Stevens CEO Bess Freedman lays out her expectations.
Russia's Ripple Effects, Carnival Earnings, and the Final Trading Week of the Month 6/26/23
Investors are digesting this weekend's short-lived armed rebellion against Russian president Vladmir Putin, which ended with Moscow signing a deal with the Wagner Group. RBC Capital Markets' Helima Croft and Fordham Global Foresight's Tina Fordham discuss the implications on Wall Street. Plus, Carnival reports earnings this morning amid a rally for cruise line stocks. Citi's James Hardiman lays out his expectations for the report. And, what's ahead for the final trading week of the month? TS Lombard's Skylar Montgomery Koning and Veritas Financial Group's Greg Branch weigh in.
U.S. Recession Risk, Regulating Big Tech, and Stock Market Win Streak Worries 6/23/23
Treasury Secretary Janet Yellen says the risks of a U.S. recession are easing due to the resilient job market. UBS Global Wealth Management’s Mark Haefele discusses how this impacts his investing strategies. Plus, the EU’s Internal Market Commissioner is meeting with the CEOs of Tesla, Meta, OpenAI, and Nvidia today to discuss tech regulation. GlobalData’s Cyrus Mewawalla lays out the details. And, the S&P 500 and Nasdaq are poised to snap multi-week win streaks, which JPMorgan attributes to restrictive monetary policy. 2/13 Strategic Partners’ Greg Sarian closes out the final trading day of the week.
Powell’s Second Day of Testimony, India’s CEO Summit, and What’s Ahead for the Market Rally 6/22/23
Fed Chair Jerome Powell heads back to Capitol Hill today for his second day of testimony before Congress. Wall Street Journal’s Nick Timiraos lays out what to expect. Plus, several tech executives are set to meet with India Prime Minister Narendra Modi today to discuss regulation and infrastructure. Avaya CEO Alan Masarek describes what it’s like to do business in India. And, data from JPMorgan shows that the average retail investor still believes the market rally will roll on from here. Silvercrest Asset Management’s Robert Teeter and RBC Capital Markets’ Amy Wu Silverman preview the trading day ahead.
EU Anti-Trust Regulation, FedEx Earnings, and Live from Cannes 6/21/23
Amazon CEO Andy Jassy will meet with top EU anti-trust regulator Margrethe Vestager today to discuss the future of business under the new digital markets act. Ahead of that, Margrethe discusses regulation in an exclusive interview. Plus, FedEx shares are falling on weak Q4 revenue and its full-year forecast. Bank of America’s Ken Hoexter breaks down the results. And, the biggest global advertising convention is currently in full swing in France. Roku CEO Anthony Wood joins live from Cannes.
The Paris Air Show, China’s Slowing Economic Recovery, and Black Leaders in Business 6/20/23
The Paris Air Show is in full swing with big commercial aircraft orders front and center. Lockheed Martin COO Frank St. John joins in an exclusive interview. Plus, for the third time in a week, China has cut key lending rates in a bid to shore up the country’s slowing economic recovery. Moody’s Analytics’ Katrina Ell discusses the outlook. And, CNBC is out with its inaugural black business leadership survey, showing top leaders in the U.S. are making positive changes when it comes to diversity. Xtreme Solutions’ CEO Phyllis Newhouse describes what she’s seeing today.
The China Charm Offensive, Tesla Losing Ground, and Oil's Pricing Outlook 06/16/23
Bill Gates met with China President Xi Jingping today in his first visit to the country since 2019. Longview Global's Dewardric McNeal discusses the investment impact. Plus, after capping off their longest daily win streak in a decade, shares of Tesla are losing some ground. RBC Capital Markets' Tom Narayan weighs in on the performance. And, oil prices are on track to snap a two-week losing streak due to the weaker dollar. Warwick Investment Group's Kate Richard breaks down the pricing outlook.
Rate Decision Ripple Effects, Equities' Resiliency, and the Trading Day Ahead 6/15/2023
Wall Street is digesting the Fed's decision to pause its interest rate hiking campaign after 10 straight increases. Piper Sandler's Stephen Scouten discusses the impact on financials, Neuberger Berman's Daniel Flax weighs in on tech stocks, and Mizuho's Anthony Crowdell talks utilities. Plus, CNBC's Jim Cramer says that, despite the resiliency shown by equities so far this year, there could be more selling ahead. RBC Brewin Dolphin's Janet Mui explains her view. And, how should investors position for the trading day ahead? Hightower's Stephanie Link breaks down her strategy.
The Fed's Latest Policy Decision, Tesla's Record Run, and Shell's Dividend Boost 6/14/23
Wall Street is just hours away from the Fed's rate decision, which will be accompanied by updated economic forecasts and followed by Chair Jay Powell's news conference. Morgan Stanley's Ellen Zentner gives her outlook. Plus, Tesla shares are on a record run, with the stock notching its longest win streak since first going public. Roth MKM's Craig Irwin discusses what's to come. And, Shell has boosted its dividend by 15% and is doubling down on its fossil fuel production strategy. Morningstar's Allen Good explains the impact on the oil sector.
The Fed & CPI, Oil Prices, and Tech Under Fire 6/13/23
The Federal Reserve kicks off its latest policy meeting today ahead of a busy day on Wall Street, with May CPI out this morning. The New York Times' Jeanna Smialek breaks down her expectations. Plus, oil prices are trying to recover some of yesterday's big losses as worries about demand growth in China and rising supplies in Russia offset the boost in prices. Bank of America's Francisco Blanch discusses the latest. And, regulators and anti-trust watch dogs are stepping up their assault on big tech. BNP Paribas Exane's Stefan Slowinski breaks down what this means for the sector.
Oracle Earnings on Tap, S&P Sector Sort, and May Mastercard SpendingPulse 6/12/23
Oracle reports earnings after the bell today amid growing competition within the cloud market. Bernstein's Mark Moerdler discusses his expectations. Plus, energy and communication services are the S&P 500's leaders and laggards this month. TD Cowen's Jason Gabelman and Raymond James' Frank Louthan break down what's driving the performance. And, Mastercard is out with its May SpendingPulse snapshot. Mastercard Economics Institute's Michelle Meyer reveals the results.
Markets' Busy Economic Week, West Coast Shipping Delays, and the IRA's Clean Energy Impact 6/9/23
Investors are bracing for a very busy week with the May inflation report due on Tuesday and the latest Federal Reserve policy decision due on Wednesday. Former Fed Board Governor Roger Ferguson lays out his expectations. Plus, West Coast shipping ports are entering their longest labor-related disruption since 2015. Deutsche Bank's Amit Mehrotra dives into what this means for the transports industry. And, the IRA and its incentives have already had a huge impact on clean energy. Evercore ISI's Sean Morgan discusses which stocks are most poised to benefit.
Deconstructing the Market Rally, the Nasdaq's Performance Yesterday, and Apple's Vision Pro 6/8/23
It's not just tech making moves in the markets: ETFs for the homebuilding and retail sectors have been going in opposite directions since last August. UBS' John Lovallo and BofA Securities' Liz Suzuki explain what's driving the performance. Plus, the ongoing rally is taking a pause with the Nasdaq being hit the hardest in yesterday's session. New Street Advisors Group's Delano Saporu and Aureus Asset Management's Karen Firestone discuss the trading day ahead. And, Apple's next steps for its Vision Pro headset may be critical for its success. Oisoi Studio's Wim Reygaert explains his vision for the product's app development.
The PGA Tour & Liv Merger, China's Recovery Story, and the Consumer Staples Sector 6/7/23
Golfers, fans, and sponsors are digesting the news that the PGA Tour is merging with Saudi-backed rival Liv Golf. Golf Magazine's Sean Zak explains the deal. Plus, China exports fell by 7.5% in May, far worse than economists were expecting. William Blair's Vivian Lin Thurston discusses the China recovery story. And, consumer staples are underperforming the broader markets despite strong earnings reports from several companies. Goldman Sachs' Jason English weighs in on the sector.
Worldwide Exchange+ Cisco CEO Chuck Robbins 6/6/23
CNBC’s Frank Holland sits with Cisco CEO Chuck Robbins to discuss the company’s AI push and launch of networking cloud.
Apple's Vision Pro, Insurance Policy Pullback, and AI Promotional Tour 6/06/23
Apple unveiled its Vision Pro AR/VR headset at the Worldwide Developer Conference yesterday. Big Technology's Alex Kantrowitz discusses the details. Plus, All State and State Farm are refusing to write new property insurance policies in California due to rising climate risk. KBW's Meyer Shields explains the impact on the sector. And, Sam Altman continues his world tour of promoting OpenAI and its popular ChatGPT tool. The Verge's James Vincent breaks down the latest.
Saudi Arabia's Production Cuts, Tech's 6-Week Win Streak, and Split Market Positioning 6/05/23
The world's largest oil exporter, Saudi Arabia, will slash production by 1 million barrels per day starting next month. Kpler's Viktor Katona explains the impact on oil prices. Plus, tech continues to outperform the broader markets, with the Nasdaq notching its first 6-week win streak since 2020. Laffer Tengler Investments' Nancy Tengler and Arete Research's Rocco Strauss discuss the sector. And, split positioning within the markets shows just how fragile this year's rally may be. 248 Ventures' Lindsey Bell and CIC Wealth's Malcolm Ethridge weigh in on the trading week ahead.
May Jobs Report, the Retail Sector, and the Summer Gambling Season 6/02/23
Today's jobs report is one of the final major economic data points ahead of the Federal Reserve's June policy decision. Grey Duck Outdoor Founder Rob Bossen describes the employment landscape in manufacturing. Plus, the retail sector is currently a case study in the haves and have-nots as key shopper segments pull back. Telsey Advisory Group's Dana Telsey discusses the situation. And, last month, the American Gaming Association reported an eighth straight record-breaking quarter in commercial gaming. Needham's Bernie McTernan weighs in on the summer gambling outlook.
Oil's Disastrous Month, Debt Ceiling Bill Passed, and the Summer Experiences Landscape 6/1/23
The oil market is coming off a disastrous month, which WTI posting its worst performance since November 2021. Rystad Energy's Louise Dickson recaps the month. Plus, the House passed the bipartisan debt ceiling bill by a wide margin last night despite some strong opposition from far-right Republicans. Raymond James' Ed Mills discusses the next steps. And, with Memorial Day posting a record surge in air travel, what's ahead for the summer experiences landscape? D.A. Davidson's Tom White weighs in.
The Bipartisan Debt Ceiling Deal, Another Rate Hike Ahead, and the Summer Live Entertainment Season 5/31/23
The bipartisan deal to raise the U.S. debt ceiling cleared a key hurdle last night and is now on its way to a full House vote later today. Stifel's Brian Gardner explains the latest. Plus, Cleveland Fed President Loretta Mester says she doesn't see any compelling reasons to pause interest rate hikes ahead of the central bank's next meeting. Milken Institute's William Lee discusses the outlook. And, is Taylor Swift's blowout Era's tour a sign for a strong live entertainment landscape this summer? Wolfe Research's Peter Supino weighs in.
The Debt Ceiling Deal, Summer Sector Spotlight, and AI Stock Craze 5/30/23
President Biden and House Speaker McCarthy have reached an agreement to raise the government's borrowing limit and avoid a potential default. Renaissance Macro Research's Steve Pavlick discusses the deal. Plus, with the summer season kicking off, which sectors and stocks are set to benefit? Wedbush's Alicia Reese weighs in. And, heading into a new trading week, AI stocks are coming in hot on the back of significant momentum. Investopedia's Caleb Silver describes the most popular retail investing searches.
Retail Results Roundup, Debt Ceiling Negotiations, and the Markets This Week 5/26/23
Retail is closing out another busy week of earnings as investors look for insight on the health of the consumer. Storch Advisors’ Gerald Storch and Refinitiv’s Jharrone Martis review the scorecard. Plus, multiple reports say the Biden Administration and House Speaker McCarthy’s office are closing in on a deal over the debt ceiling. Bipartisan Policy Center’s Rachel Snyder gives the latest. And, investors are pouring cash into money market funds as they look for safety in low risk assets. LPL Financial’s Quincy Krosby and G Squared Private Wealth’s Victoria Greene discuss the markets.
Retail Earnings, Fixed Income Investing, and the Trading Day Ahead 5/25/23
Another batch of retail earnings is out today as the focus on consumer spending continues. R5 Capital’s Scott Mushkin lays out his expectations. Plus, investors are feeling more anxious over the 11th hour nature of the debt ceiling talks, at least on the fixed income side. Silvercrest Asset Management’s Robert Teeter and BondBloxx’s Joanna Gallegos discuss the recent moves in yields. And, what’s in store for the trading day ahead? Evans May Wealth’s Lizzie Evans weighs in.
The EU's Meta Penalty, Nvidia Earnings on Tap, and Lenovo Full-Year Results 5/24/23
Europe's fine against Meta Platforms for illegal data transfers is the largest penalty to date under the EU General Data Protection Regulation. EU's Data Protection Commissioner Helen Dixon explains the decision. Plus, Nvidia CEO Jensen Huang is warning that U.S.-China tensions will negatively impact the chip industry. Wedbush's Matt Bryson discusses what this means ahead of earnings. And, Hong Kong-based PC maker Lenovo reported a third consecutive earnings miss but sees upside ahead. Lenovo CFO Wai Ming Wong breaks down the results.
Warner Bros.' Merger, Lowe's Earnings, and the Debt Ceiling's Market Impact 5/23/23
Warner Bros. Discovery launches its merged platform of HBO Max and Discovery+ today. The Benchmark Company's Matthew Harrigan discusses the impact on the streaming landscape. Plus, Lowe's reports earnings this morning following Home Depot's worst revenue miss in nearly 20 years. UBS' Michael Lasser breaks down his expectations. And, so far, the debt ceiling standoff doesn't appear to be rattling the stock market as investors seem confident a deal with be reached. Strategas' Jeannette Lowe explains the latest.
Debt Ceiling Negotiations, the AI Craze, and Global Investment Opportunities 5/22/23
President Biden and House Speaker McCarthy are set to resume face-to-face debt ceiling negotiations at The White House today. 22V Research’s Kim Wallace brings the latest. Plus, during the past earnings season, the phrase “AI” was mentioned more than 140 times by executives at Alphabet, Meta, and Microsoft. Reuters Breaking Views’ Felix Martin discusses the future for innovation. And, global stocks hit record highs last week as investors look for opportunities outside of the U.S. NewEdge Wealth’s Ben Emons, Rose Advisors at Hightower’s Patrick Fruzzetti, and CFRA’s Sam Stovall set up the trading week ahead.
Progress on the Debt Ceiling, Deere Earnings on Tap, and Bonds vs. Stocks 5/19/23
While President Biden is in Japan for the G7 conference, the White House says Democratic negotiators are making progress in their debt ceiling talks. Raymond James’ Ed Mills explains the latest. Plus, Deere reports earnings this morning, offering insight into the state of the economy. D.A. Davidson’s Michael Shlisky discusses his expectations. And, new research suggests more traders are favoring bonds over stocks as the US3M hits new highs this week. Apex Financial’s Lee Baker, Main Street Asset Management’s Erin Gibbs, and Pivotal Invests’ Tiffany McGhee break down their investment strategies.
Walmart's Earnings Report, Investing in Chinese Equities, and Mining's M&A Boom 5/18/23
Walmart reports earnings this morning after Home Depot and Target said consumers are pulling back on discretionary spending. TD Cowen's Oliver Chen discusses his expectations. Plus, famed hedge fund manager Michael Burry may be betting big on China, but the rest of Wall Street is growing more skeptical about the world's second largest economy. KraneShares' Brendan Ahern breaks down the trade. And, mining companies are sitting on a lot of cash after last year's strength in commodity prices, which is fueling a boom in lithium M&A activity. Stifel's Cole McGill weighs in on the sector.
Tesla's Annual Shareholder Meeting, Target Earnings on Tap, and Key Housing Data 05/17/23
Elon Musk says Tesla will deliver its first Cybertrucks this year following the company's annual shareholder meeting yesterday. Roth Capital's Craig Irwin explains the road ahead for Tesla. Plus, Target will report earnings this morning after Home Depot posted its worst revenue miss in nearly 20 years. D.A. Davidson's Michael Baker discusses his expectations. And, a string of key housing data will be released in the coming days. Nest Seekers' Erin Sykes breaks down the sector.
Home Depot Earnings on Tap, Debt Limit Meeting Take Two, and Regulating AI 05/16/23
Home Depot kicks off a busy week for retail earnings. BofA Securities’ Liz Suzuki breaks down her expectations for the report. Plus, President Biden meets face-to-face with House Speaker Kevin McCarthy today in order to craft a spending deal that would avoid a U.S. debt default. BTIG’s Isaac Boltansky discusses the latest. And, several company executives will testify before Congress today on the regulation of artificial intelligence. CDO Today’s Salema Rice weighs in on the outlook.
Debt Ceiling Talks, Tech's Outperformance, and Housing Data on Deck 05/15/23
President Biden, House Speaker McCarthy, and other Congressional leaders are planning to resume their face-to-face talks on a possible budget deal tomorrow. Beacon Policy Advisors' Stephen Myrow explains the latest. Plus, tech continues to outperform the broader market as investors pile into growth over value. Clockwise Capital's James Cakmak discusses the top stocks to watch. And, it's a busy week for the housing sector, with several pieces of data due. Housing Wire's Logan Mohtashami describes what to expect.
Debt Ceiling Meeting Extended, Elon Musk's New Hire, and Portfolio Protection 05/12/23
The meeting between President Biden and Congressional leaders slated for today has been postponed until early next week. Stifel's Brian Gardner discusses the latest. Plus, Elon Musk says he's found someone to run Twitter and its parent company, X Corp. Vox's Sara Morrison breaks down the details. And, how are investors protecting their portfolios amid growing concerns of an economic downturn? Harris Financial Group's Jamie Cox and Horizon Investments' Scott Ladner weigh in.
Disney Shares Under Pressure, Mastercard's Travel Industry Trends, and Positive Inflation Signs 05/11/23
Disney shares are under pressure despite a stronger than expected earnings report. UBS' John Hodulik discusses what investors are focused on. Plus, Mastercard is out with a new report suggesting global travel will rebound this year. Mastercard's Bricklin Dwyer dives into the results. And, U.S. stock futures are higher following positive signs in the April CPI numbers. The Glenview Trust Company's Bill Stone and Morgan Stanley Private Wealth Management's Katerina Simonetti lay out the trading day ahead.
April CPI Report, Debt Limit Deadlock, and Disney Earnings on Tap 05/10/23
The April CPI report will be released this morning, with economists expecting little or no change in the year-over-year headline number. Van Lanschot Kempen's Anneka Treon, Ritholtz Wealth Management's Josh Brown, and Citi Global Wealth Management's Steven Wieting explain the impact on the markets. Plus, top Congressional leaders are showing few signs that they have moved any closer to resolving the debt limit deadlock. Fordham Global Foresight's Tina Fordham discusses the latest. And, Disney reports earnings today as investors look for updates on the company's multi-billion dollar restructuring plan. Citigroup's Jason Bazinet gives his quarterly estimates.
Debt Limit Deadlock, Regional Banking Reckoning, and Commodities’ Bull Market Super-Cycle 05/09/23
President Biden is set to hold a face-to-face meeting today with top congressional leaders to break the current debt limit deadlock. Strategas Research Partners’ Dan Clifton weighs in on the situation. Plus, the latest report from the Federal Reserve suggests the recent regional banking turmoil may lead to a greater economic downturn than expected. Piper Sandler’s Stephen Scouten discusses the impact. And, many strategists say there’s plenty of upside for commodities in the coming months. Wells Fargo Investment Institute’s John LaForge explains the bull market super-cycle.
The Read on Regional Banks, EU Tech Data Pushback, and the Debt Ceiling Battle 08/08/23
The read on the regional banking sector continues ahead of new data on loans today. Synovus CEO Kevin Blair explains what his bank is experiencing. Plus, the chief executives of five EU tech companies are pushing back on a proposed set of new regulations from Brussels. Brainlab CEO Stefan Vilsmeier explains why he signed that letter of concern. And, a group of Senate Republicans say they will oppose the Democrats' plan to vote on a bill that only raises the U.S.' borrowing limit without addressing other matters. AEI's James Pethokoukis weighs in on the debt ceiling battle.
The April Jobs Report, the Regional Bank Reckoning, and Apple's Earnings Beat 05/05/23
The April jobs report is out this morning, with economists expecting employers to have added 180,000 net new jobs last month. University Hospital CEO Edward Jimenez explains what his hospital is seeing. Plus, the regional bank ETF is on pace for its worst week since early March when Silicon Valley Bank collapsed. RBC Capital Markets' Gerard Cassidy weighs in on the sector. And, Apple shares are higher after the company beat on earnings due to an increase in iPhone sales. Oppenheimer's Martin Yang discusses why he's raising his price target of the stock.
The Fed's Tenth Straight Rate Hike, Apple Earnings on Deck, and the White House's AI Probe 05/04/23
The Federal Reserve approved its tenth straight interest rate hike in just over a year yesterday, marking the Fed's most aggressive tightening cycle since the 1980's. NatWest Markets' Michelle Girard gives her thoughts. Plus, Apple reports results for its fiscal second quarter today, rounding out earnings season for big tech. Laffer Tengler Investments' Nancy Tengler discusses what she's expecting. And, VP Kamala Harris will be meeting with the CEOs of AI-related companies today to discuss the regulation of artificial intelligence. GlobalData's Cyrus Mewawalla explains the potential impact on the sector.
The Fed's Latest Policy Decision, Regional Banking Turmoil, and Oil's Massive Losses 05/03/23
The markets are all but certain the Fed will announce a 25-basis point rate hike at its meeting today, which would bring the benchmark rate to a 16-year high of 5.1%. Morgan Stanley's Seth Carpenter lays out his expectations. Plus, the regional banking sector closed at its lowest level since November 2020 yesterday. KBW's Christopher McGratty discusses the latest. And, it's not just regional banks: oil is down more than 1% today, extending yesterday's massive losses amid worries about the global economy and fuel demand. Energy Aspects' Amrita Sen weighs in on the sector.
The Fed’s Monthly Meeting, Avoiding a U.S. Debt Default, and Uber Earnings on Tap 05/02/23
The Fed kicks off its two-day policy meeting today, where a tenth interest rate increase is expected. Goldman Sachs Asset Management’s Ashish Shah breaks down his expectations. Plus, President Biden has reportedly called for an emergency meeting at the White House to discuss how to avert a U.S. debt default. Raymond James’ Ed Mills discusses the latest. And, Uber reports earnings this morning as the ridesharing company continues to outperform rival Lyft. D.A. Davidson’s Tom White explains which stock he prefers.
JPMorgan's First Republic Takeover, Big Tech's Outperformance, and the State of Cybersecurity 05/01/23
JPMorgan will be buying most of First Republic's assets after the regional bank was seized by U.S. regulators. Steward Partners Global Advisory's Eric Beily and Douglas C. Lane & Associates' Sarat Sethi discuss the impact on the markets. Plus, big tech is leading stocks higher with bets on growth being the hottest trade on the street. Big Technology's Alex Kantrowitz breaks down what it means for Apple's earnings this week. And, the U.S. continues to watch cybersecurity threats around the world, particularly from Russia, China, and North Korea. SentinelOne CEO Tomer Weingarten explains what his business his seeing.
Kansas' Anti-ESG Bill, Exxon Mobil & Chevron Earnings, and Amazon's Revenue Outlook 04/28/23
Kansas has become the latest state to push back against ESG investing in a new bill passed this week. Kansas State Treasurer Steven Johnson explains why he supports the legislation. Plus, Exxon Mobil and Chevron are set to report results today, capping out the busiest week of earnings season. RBC Capital Markets' Biraj Borkhataria's discusses the outlook. And, Amazon shares are slumping despite an earnings and revenue beat. JMP Securities' Nicholas Jones breaks down why he's still bullish on the stock.
Meta Shares Popping, First Republic's All-Time Low, and Southwest's Continued Headaches 04/27/23
Meta shares are popping after the company posted an unexpected increase in sales and issued better-than-expected guidance for the current period. Hargreaves Landsdown's Sophie Lund-Yates explains what this means for the remainder of tech earnings. Plus, First Republic shares are hitting an all-time low as the bank struggles to stabilize its balance sheet, overcome a massive withdrawal in customer deposits, and prevent any future runs. Financial Times' Stephen Gandel discusses the latest. And, the story for Southwest Airlines has been its operational nightmares in recent months. Citigroup's Stephen Trent breaks down the potential impact on its latest earnings report.
Microsoft's Earnings Beat, Alphabet Shares Rising, and a New Warning for Markets 04/26/23
Microsoft shares are higher after beating revenue and earnings expectations for the third quarter. Oppenheimer's Timothy Horan breaks down the results. Plus, shares of Alphabet are also rising on its first earnings beat in more than a year. Arete Research's Richard Kramer discusses what this means for big tech. And, a new warning from Goldman Sachs says systematic money managers are more likely to be sellers in the coming weeks. Waddell & Associates' David Waddell and CIC Wealth's Malcolm Ethridge discusses the impact on the markets.
Microsoft and Alphabet Earnings, the McDonald's Trade, and a Key Housing Data Today 04/25/23
Microsoft and Alphabet kick off a big week for tech earnings as investors assess the sustainability of the sector's rally this year. Third Bridge's Scott Kessler weighs in on the outlook. Plus, McDonald's will also report results today as restaurant stocks outperform the broader market. Bank of America's Sara Senatore explains what she's expecting. And, a string of key housing data is out this morning, including the February Case-Shiller Home Price Index and March New Home Sales. Mphasis Digital Risk's Jeff Taylor breaks down the number estimates.
Busiest Week of Earnings Season, the Ongoing Gas Shortage, and Global Hotspots 04/24/23
The busiest week of earnings season kicks off today, with a third of the S&P 500 and almost half of the Dow Jones set to report. Principal Asset Management's Seema Shah, Cleo Capital's Sarah Kunst, and KKM Financial's Jeff Kilburg discuss what to expect. Plus, Florida government agencies are intervening to address the ongoing gas shortage following severe rain and flooding last week. Again Capital's John Kilduff explains the outlook. And, Australia has unveiled a massive military overhaul, while U.S. and UK special forces are carrying out an emergency evacuation of their embassy staff in Sudan. Fordham Global Foresight's Tina Fordham breaks down the latest global hotspots.
Consumer Staples Check-Up, a U.S. Credit Crunch, and Closing Out the Trading Week 04/21/23
Procter & Gamble is kicking off a lineup of earnings for consumer staples stocks as investors look for insight into spending trends. Goldman Sachs' Jason English lays out the sector's trade. Plus, Citigroup says it's premature to rule out the potential for a credit crunch in the U.S., with the bank noting it's underweight both investment grade and high-yield bonds. Sanctuary Wealth's Mary Ann Bartels gives her investment thesis. And, will the busy trading week close higher or lower? Pivotal Advisors' Tiffany McGhee weighs in.
Tesla Shares Dipping, March Existing Home Sales, and a New EV Truck Deal 04/20/23
Tesla shares are lower after net income and earnings dropped more than 20% from last year. Morningstar's Seth Goldstein breaks down the results. Plus, existing home sales for March are out this morning, with many expecting a slowdown compared to February. Zillow's Skylar Olsen explains what's driving the competition. And, Swedish EV maker Einride has inked a deal with Pepsi to deliver two of its all-electric semi-trucks for use in the UK market. CEO Robert Falck discusses his sustainability goals.
Netflix Shares' Wild Ride, Tesla Earnings on Tap, and Fresh Market Lows 04/19/23
Shares of Netflix are bouncing back after the streaming giant reported a mixed earnings pictured and announced the end of one of its key businesses. Raymond James' Andrew Marok explains the outlook. Plus, Tesla will report its results after the close today following news that it's cutting prices once again. Canaccord Genuity's George Gianarikas breaks down his expectations. And, investor fears are reaching fresh lows, with the Vix falling to its lowest levels since January of last year. New Street Advisors Group's Delano Saporu, Miramar Capital's Max Wasserman, and Charles Schwab's Jeffrey Kleintop discuss the impact on the markets.
Netflix Earnings on Tap, Big Bank Results Resume, and Apple's First India Store 04/18/23
Netflix reports earnings today as investors look for insight on the streaming giant's subscriber growth following its ad-tier launch and password-sharing crackdown. Big Technology's Alex Kantrowitz breaks down his expectations. Plus, Goldman Sachs and Bank of America resume big bank earnings this morning amid concern over the health of the financial sector. Whalen Global Advisors' Christopher Whalen gives the set-up. And, Apple is opening its first store in India today as it looks to move production away from China. D.A. Davidson's Tom Forte discusses the latest.
Regional Bank Earnings, the Latest in Saudi Arabia, and an Earnings Recession Ahead? 04/17/23
Regional bank earnings are out this week on the back of turmoil that hammered a number of financial firms last month. KBW's Christopher McGratty gives his expectations. Plus, Saudi Arabia is looking to renew relations with a key Palestinian group and bring Syria back into the Arab fold. RBC Capital Markets' Helima Croft explains the latest. And, earnings season is kicking into full swing, with many investors expecting the first earnings recession since 2020. Hennessy Funds' Josh Wein and Fundstrat's Tom Lee weigh in on the trading week ahead.
Bank Earnings On Tap, UnitedHealth's Report Today, and March Retail Sales 04/14/23
Banks kick off earnings season today, with JPMorgan, Citi, and Wells Fargo all set to report. JMP Securities' Devin Ryan and Piper Sandler's Stephen Scouten break down what to expect. Plus, UNH is also gearing up to release numbers, with projected full-year revenues exceeding those of the big banks. Bernstein's Lance Wilkes explains the outlook. And, Wall Street is awaiting March retail sales for more insight on the chances of a recession. UBS Global Wealth Management's Mark Andersen and Payne Capital Management's Courtney Garcia discuss the trading day ahead.
The State of Freight, Fed's Meeting Minutes, and Higher Oil Prices 04/13/23
The Dow Transports continue to underperform in Q2 as fears of a freight recession due to lower consumer spending weigh on the sector. DHL Express Americas CEO Mike Parra explains what his business is seeing. Plus, the latest Federal Reserve meeting minutes show that several policymakers may be interested in pausing interest rate increases. The Wall Street Journal's Nick Timiraso discusses the outlook. And, oil is trading at its highest level since November on signs of slowing inflation in the CPI data. Kpler's Matt Smith breaks down the latest.
March CPI Report, Resilience in Equities, and the Outlook for Stocks 04/12/23
The March CPI report is out this morning as investors look for signs that inflation is cooling. Moody's Analytics' Mark Zandi gives his expectations. Plus, Wells Fargo is warning that the resilience of U.S equities will be short-lived. Piper Sandler's Craig Johnson discusses his thoughts. And, a new note from Bank of America shows clients are continuing to unload stocks, with ETFs posting their biggest outflow since January. Veritas Financial's Greg Branch explains why he's in the selling camp.
Tech's Potential Headwinds, Earnings Season Ahead, and Negative Company Guidance 04/11/23
Tech could be facing some potential headwinds following a 29% slump in PC sales for the first quarter. Big Technology's Alex Kantrowitz gives the outlook. Plus, investors are gearing up for earnings season as worries of a massive earnings decline loom on Wall Street. Delancey Wealth Management's Ivory Johnson explains the impact on the markets. And, as of last week, 106 companies in the S&P 500 had issued Q1 earnings guidance, with roughly three quarters of those companies giving negative guidance. Aureus Asset Management's Karen Firestone discusses where she's putting money to work.
March Jobs Report, U.S.-China Relations, and Gold Prices 04/10/23
Investors are getting their first real chance to trade on the back of Friday's monthly employment report. Silvercrest Asset Management's Robert Teeter, Wells Fargo's Sarah House, ZipRecruiter's Julia Pollak, and Invesco's Brian Levitt discuss the markets' week ahead. Plus, the U.S. Navy says one of its missile destroyers carried out operations in the South China sea earlier today. China Beige Book International's Shehzad Qazi explains what this means for the global economy. And, gold is holding above the $2,000 an ounce mark, though it's slipping on expectations of another rate hike by the Fed next month. MKS Pamp's Nicky Shiels breaks down the latest.
China's Taiwan Problem, Mastercard's Latest Spending Data, and the Warner Brothers Discovery One-Year Anniversary 04/06/23
Taiwan is keeping a close eye on a Chinese aircraft carrier after China condemned the meeting between Taiwan president Tsai Ing-Wen and U.S. House Speaker Kevin McCarthy yesterday. Rhodium Group's Noah Barkin discusses the latest. Plus, Mastercard is out with its latest SpendingPulse data, showing spending growth increased by a smaller amount in March compared to February. Mastercard's Steve Sadove breaks down the results. And, Warner Brothers is approaching its one-year anniversary of merging with Discovery as the streaming wars heat up. Wolfe Research's Peter Supino explains why he's bullish on the stock.
OPEC's Surprise Output Cut, Inflation's Road Ahead, and the Friday Jobs Report 04/05/23
OPEC's surprise output cut is sending crude prices to their highest levels since January, but is this week's more than 11% pop enough to kick U.S. production into high gear? Earthstone Energy CEO Robert Anderson weighs in. Plus, Cleveland Fed President Loretta Mester says, despite some small inroads, there's still more work to do to lower inflation. Cadinha and Compnay's Kalei Cadinha-Pua'a discusses how she's investing. And, yesterday's JOLTS data is sending stocks lower. G Squared Private Wealth's Victoria Greene explains her expectations for the monthly jobs report.
Apple's Record Q1, the Energy Sector's Pop, and Recession Probabilities 04/04/23
Apple is higher this year, with the stock finishing Q1 with its best gains since Q3 of 2020. D.A. Davidson's Tom Forte explains what's ahead for the company. Plus, on the heels of crude's pop, the S&P 500 energy sector is coming off an almost 5% gain -- its best gain in six months. Cowen's Jason Gabelman discusses which stocks are best positioned. And, a new note from JPMorgan says the probability of a recession has likely increased. Blanke Schein Wealth Management's Robert Schein and CFRA's Sam Stovall explain the impact on the markets.
OPEC's Surprise Production Cut, Taiwan's U.S. Visit, and Disney's Annual Shareholder Meeting 04/03/23
Oil prices are spiking after OPEC+ made a surprise production cut of more than one million barrels per day from the market starting in May. CIBC Private Wealth's Rebecca Babin gives the energy outlook. Plus, Taiwan's president is set to wrap up her visit to the U.S. through a meeting with House Speaker Kevin McCarthy and other top lawmakers. Longview Global's Dewardric McNeal explains the impact it may have on the markets. And, Disney is holding its first annual shareholder meeting since Bob Iger returned as CEO. Variety's Brent Lang discusses what to expect.
Best and Worst Sectors This Quarter, Backlash Against A.I., and February PCE 03/31/23
As the markets' wrap up the first quarter of the year, two sectors are moving in opposite directions, with tech bouncing back and financials falling. Laffer Tengler Investments' Nancy Tengler and Piper Sandler's Stephen Scouten weigh in on how to trade the moves. Plus, Elon Musk and Apple co-founder Steve Wozniak are among tech leaders calling for a six month pause in the development of new A.I. technology due to the potential danger to society. GlobalData's Cyrus Mewawalla gives his opinion on the matter. And, one key data point front and center this morning will be February PCE, the Fed's preferred read on inflation. Chantico Global's Gina Sanchez and Evans May Wealth's Elizabeth Evans break down what the results may mean for the markets.
Communication Services' Outperformance, Dow Transports' Underperformance, and the Final Days of the First Quarter 03/30/23
The communication services sector has been an outperformer so far this year, but there are signs of even more opportunity in the sector. New Street Research's Jonathan Chaplin and Bernstein's Mark Shmulik give the outlook. Plus, freight is moving in the other direction, with the Dow Transports underperforming the broader market due to tightening loan and credit conditions. GXO Logistics CEO explains what his company is seeing. And, with just two trading days left in the first quarter, what's in store for the markets? Glenmede's Michael Reynolds and Gilman Hill Asset Management's Jenny Harrington weigh in.
Regional Bank Outlook, Apple's Buy Now, Pay Later, and the Semiconductor Sector 03/29/23
The fallouts of SVB and Signature Bank are still rippling through the regional bank sector, but one bank is faring better than most of its peers. Univest Financial CEO Jeffrey Schweitzer explains his bank's outlook. Plus, Apple is officially making its latest venture into financial services with the launch of its Buy Now, Pay Later service. Zilch CEO Philip Belamant discusses the impact on his payment business. And, Micron reported its worst quarter in history yesterday, but shares are still higher in the pre-market. CFRA's Angelo Zino breaks down the impact on the chips sector.
Bank Failure Hearings, the Fed's Path Forward, and a Recession Forthcoming? 03/28/23
U.S. lawmakers are kicking off two days of hearings on Capitol Hill today to investigate the collapses of Silicon Valley Bank and Signature Bank. Former Deputy Treasury Secretary Sarah Bloom Raskin weighs in on what to expect. Plus, BlackRock says markets are wrong about the Federal Reserve's rate hiking campaign as the central bank remains firm in its fight against inflation. Horizon Investments' Zachary Hill gives his take. And, DoubleLine Capital CEO Jeffrey Gundlach says a recession is imminent as turmoil in the banking sector rolls on. Payne Capital Management's Courtney Garcia discusses what she's seeing.
Global Banking Crisis, Tech's Outperformance, and the Latest Inflation Read 03/27/23
First Citizens Bank will buy a large chunk of Silicon Valley Bank as concern over the global banking crisis continues to weigh on Wall Street. Rathbone Investment Management's Ed Smith and JMP Securities' Devin Ryan explain the outlook. Plus, the tech sector has been among the major winners so far this year, with the Nasdaq up 13%. Sanlam Investments' Hannah Gooch-Peters discusses the recent performance. And, investors are gearing up for the latest read on PCE, the Fed's preferred gauge of inflation. Palumbo Wealth Management's Phil Palumbo and Rose Advisors at Hightower's Patrick Fruzzetti break down what this means for the markets.
Oil Prices Falling, Housing Sector Stocks, and Retail Investor Trends 03/24/23
Oil prices are falling today following yesterday's losses and amid continued selling in the equity markets. RBC Capital Markets' Helima Croft explains the latest moves. Plus, ahead of the spring housing market, what are the best stocks in the sector to buy? UBS' John Lovallo gives his picks. And, investors are facing yet another bumpy ride for the markets this week, with fresh comments from Janet Yellen on the banking crisis injecting new volatility. Investopedia's Caleb Silver discusses what he's seeing among retail investors.
The Fed's Rate Hike Path, TikTok CEO on Capitol Hill, and the Spring Housing Market 03/23/23
The Fed is projecting just one more interest rate increase this year, but Jay Powell says recent failures in the banking sector could cause ripple effects. The New York Times' Jeanna Smialek explains the road ahead. Plus, the CEO of TikTok is heading to Capitol Hill today, where he'll face a grilling over user safety and data security. Vox's Sara Morrison discusses what to expect. And, what is the current state of the housing market ahead of the spring selling season? Beazer Homes CEO Allan Merrill weighs in.
The Fed's Policy Decision, Pricing Pain for Lumber, and Wall Street's Balancing Act 03/22/23
The Fed is preparing to release its latest policy decision today, with a majority of interest rate traders betting on a quarter point hike despite the ongoing turmoil in the financial sector. NatWest Markets' Michelle Girard explains her expectations. Plus, lumber prices are well off peak-pandemic territory, but with housing supply short of demand, could we be in store for some more price pain? Sherwood Lumber CEO Kyle Little weighs in. And, top of mind for Wall Street is the Fed's balancing act between its fight against inflation and its response to the global banking crisis. The Glenview Trust Company's Bill Stone and CIC Wealth's Malcolm Ethridge discuss the impact on the markets.
The Fed’s Latest Policy Meeting, a Wild Ride for Mortgage Rates, and Record Money Market Inflows 03/21/23
The Federal Reserve kicks off its two-day policy meeting today, with a decision due out at 2:00 PM ET tomorrow. RBC Capital Markets’ Tom Porcelli lays out what to expect. Plus, housing affordability is an especially critical factor now given the ongoing wild ride in mortgage rates amid the Fed’s rate hiking campaign and fresh stresses in the global banking system. Freedom Mortgage CEO Stanley Middleman breaks down the spring housing market. And, new research shows there were record flows in money market funds last week as investors look for a safe haven from market volatility. Principal Asset Management’s Seema Shah and Matrix Asset Advisors’ David Katz give their investing theses.
UBS Buys Credit Suisse, Confidence in Regional Banks, and the Spring Housing Market 03/20/23
UBS says it will buy embattled investment bank Credit Suisse for more than $3 billion and assume more than $5 billion in losses. Financial Times’ Arash Massoudi explains the latest. Plus, regulators are looking to shore up investor confidence in regional banks across the United States. Argus Research’s Stephen Biggar and Piper Sandler’s Stephen Scouten discuss the latest developments. And, ahead of what has historically been the busiest time for housing, what does the demand picture look like? Housing Wire’s Logan Mohtashami weighs in.
The Global Banking Crisis, Mega-Cap Tech's Outperformance, and Workplace Diversity 03/17/23
It's been a wild week for Wall Street, with attention front and center on the global banking crisis. Vanity Fair's Bethany McLean explains how we got where we are today. Plus, mega-cap tech is outperforming the broader markets, as AMD, Meta, and Alphabet lead with strong gains. Hargreaves Lansdown's Sophie-Lund Yates looks for opportunity in the sector. And, a new report from Just Capital shows sizable progress in corporations pulling back the curtain on the diversity of their workforces. Just Capital's Alison Omens breaks down the key takeaways.
Regional Banks, FedEx Earnings, and Continued Market Volatility 03/16/23
First Republic Bank is weighing options to shore up liquidity as more regional banks feel the pressures of the SVB collapse. Old National Bank CEO Jim Ryan explains how his team is moving forward. Plus, FedEx is out with earnings today after the bell, with cost-cutting a key focus for investors. BofA Securities' Ken Hoexter discusses what to expect. And, the crisis at Credit Suisse is adding to volatility in the broader markets. Howard Capital Management's Vance Howard and RBC Capital Markets' Amy Wu Silverman weigh in on the situation.
DOJ and SEC's SVB Investigation, Tech Stock Prices, and the Crypto Market Tear 03/15/23
The DOJ and SEC have opened separate investigations into Silicon Valley Bank's downfall, with the probe looking into whether SVB executives sold any stock prior to the collapse. Former SEC Counsel Member Jacob Frenkel and Former Assistant Treasury Secretary Chris Campbell explain the situation. Plus, famed investor Carl Icahn says he isn't liking some of the prices in tech stocks. Arete Research's Richard Kramer gives his thoughts. And, the crypto market has been on a tear this week as Bitcoin surges to a 9-month high. Kaiko's Clara Medalie weighs in on the sector's outlook.
Regional Bank Stocks, the Road Ahead for Venture Capital, and February CPI 03/14/23
Regional banks have gotten hammered in the wake of SVB and growing investor concerns over viability and balance sheets, but they're catching a bid this morning. Financial Times' Arash Massoudi and KBW's RJ Grant explain the latest developments. Plus, the ripple effects of the SVB collapse are hitting VC-backed companies as founders race to withdraw cash in time to make payroll. MSA Capital's Ben Harburg breaks down what he's seeing. And, investors are gearing up for the February CPI report today, which is expected to show inflation remaining high but down slightly from January's read. New Street Advisors Group's Delano Saporu, Potomac Wealth Advisors' Mark Avallone, Wells Fargo's Sarah House, and Main Street Asset Management's Erin Gibbs discuss the outlook.
Trouble in the Banking Sector, the February Jobs Report, and Apple's Annual Investor Day 03/10/23
Silicon Valley Bank is extending yesterday's massive losses after falling more than 60% as some of tech's biggest VCs tell clients to pull their money. Argus Research's Stephen Biggar explains the impact on the financial sector. Plus, investors are waiting on one of the most important economic data points of the month: the February jobs report. First Watch CEO Chris Tomasso tells us what he's seeing in the hospitality industry. And, Apple kicks off its investor day today as the stock outperforms the broader markets. Deepwater Asset Management's Gene Munster lays out what to expect.
Biden's Latest Budget, Mastercard's Read on Retail, and the Path Ahead for Rate Hikes 03/09/23
President Biden is preparing to release his latest budget to Congress, with a key piece of the budget involving higher taxes on wealthy Americans to help fund Medicare for at least the next 25 years. Raymond James' Ed Mills gives the details. Plus, Mastercard is out with its latest read on retail sales as the American consumer continues to show resilience. Mastercard Economics Institute's Michelle Meyers is here with a first look at the report. And, traders are now pricing in a 78% chance of a 50 basis point hike at this month's Fed meeting. Fernwood Investment Management's Cate Faddis and Credit Suisse's Patrick Palfrey discuss the impact on markets.
Day 2 of Powell's Testimony, Wall Street's Sell-Off, and the Energy Industry Outlook 03/08/23
Fed Chairman Jay Powell heads back to Capitol Hill this morning for Day 2 of testimony, this time before the House Financial Services Committee. The Wall Street Journal's Nick Timiraos explains what to expect. Plus, investors are looking to shake off the dust from yesterday's Powell-fueled sell-off. FS Investments' Troy Gayeski, KKM Financial's Jeff Kilburg, and Delancey Wealth Management's Ivory Johnson discuss the markets. And, energy industry leaders are in Texas for the 2023 Cera Week in Houston. Brian Sullivan sits down with Dow CEO Jim Fitterling to weigh in on the outlook.
Jay Powell Heads to Capitol Hill, Oil’s Big Price Moves, and a Technical Recession Ahead? 03/07/23
Fed chairman Jay Powell heads to Capitol Hill today to testify before the Senate Banking Committee today and the House of Representatives tomorrow. The New York Times’ Jeanna Smialek breaks down the Powell tea leaves. Plus, WTI crude closed above $80 a barrel in yesterday’s session, its highest level since topping $82 a barrel at the end of January. OPIS’ Denton Cinquegrana discusses the energy sector. And, Bank of America CEO Brian Moynihan is predicting a technical recession for the U.S. during the third quarter of this year. RDM Financial Group’s Michael Sheldon and G Squared Private Wealth’s Victoria Greene explain what this means for the markets.
Wall Street’s Crucial Week, China’s Growth Target, and the Alternative to Stocks 03/06/23
The markets are facing a crucial test this week with the February jobs report on Friday, along with Fed Chair Jay Powell’s semi-annual testimony to Congress on the economy and monetary policy. Former Fed Vice Chairman Roger Ferguson explains what to expect. Plus, China has set a modest target for economic growth this year during the annual session of its National People’s Congress. Longview Global’s Dewardric McNeal gives the latest. And, Wall Street may finally be giving way to stock alternatives, with many fund managers allocating assets in bonds, cash, emerging markets, and commodities. Girard’s Timothy Chubb and Pivotal Advisors’ Tiffany McGhee explain what this means for your money.
ESG Investing Backlash, Higher for Longer Rates, and a Potential Turn in the Markets 03/03/23
The Republican-led ESG backlash is set to hit President Biden’s desk and his veto pen after the Senate voted to overturn a labor department rule that permits fiduciary retirement fund managers to consider ESG factors in their investment making. Former Deputy Treasury Secretary Sarah Bloom Raskin explains the fight’s path forward. Plus, Fed governor Christopher Waller says the central bank may need to raise rates higher than the 5.1%-5.4% projected range if economic data stays hot. Infracap’s Jay Hatfield explains the impact on markets. And, with the Dow on track to snap a four-week losing streak and the S&P a three-week downturn, where should you invest your money? Charles Schwab’s Jeff Kleintop weighs in.
Tesla's Investor Day, the Negative View for Stocks, and Flutter's Earnings Beat 030223
Tesla's Investor Day is sending shares of Tesla down after CEO Elon Musk revealed part three of his master plan. GLJ Research's Gordon Johnson and New Street Research's Pierre Ferragu lay out the bull vs. bear cases for the stock. Plus, hedge fund mogul David Einhorn is keeping his negative view on stocks as inflation and interest rates could push even higher. New Street Advisors' Delano Saporu and Veritas Financial Group's Greg Branch discuss what this means for markets. And, Fanduel parent company Flutter Entertainment beat expectations, largely because of its U.S. business. Flutter CEO Peter Jackson gives the outlook for the company.
Lowe's Earnings, Tesla Investor Day, and the State of Agriculture 03/01/23
Lowe's is out with earnings today on the back of Home Depot's mixed results. BofA Securities' Liz Suzuki explains what to expect. Plus, Tesla is reportedly readying a revamp of its top-selling Model Y crossover ahead of the company's annual investor day. Wall Street Journal's Tim Higgins gives the latest. And, the Equipment Leasing and Finance Association says U.S. companies borrowed 6% more in January for agriculture investments. CNH CEO Scott Wine breaks down the sector.
Target Earnings, Interest Rates Peak, and Disney CEO Bob Iger’s First 100 Days 02/28/23
Target kicks off a busy week of retail earnings as the company deals with inventory, sales growth, and consumer demand concerns. Oppenheimer's Rupesh Parikh explains what to expect. Plus, traders are pricing in interest rates to peak at about 5.3%, compared to 5% just a month ago. Fernwood Investment Management's Cate Faddis and G Squared Private Wealth's Victoria Greene break down the markets. And, today marks Disney CEO Bob Iger's first 100 days in his second term at the helm. CNBC's Alex Sherman gives the outlook for the media giant.
Cybersecurity Stocks, Fresh Housing Data, and Heightened Market Volatility 02/27/23
Cybersecurity stocks have been performing well this year, and even more so in just the past week since Palo Alto Networks beat analysts' forecasts. Tenable CEO Amit Yoran dives into how his company is doing. Plus, fresh housing data is on tap this week amid continued headwinds in the housing market. National Association of Realtors' Lawrence Yun explains what to expect. And, fear may be re-entering the market, with the VIX climbing to its highest level since March 2020. Blanke Schein Wealth Management's Robert Schein and CFRA's Sam Stovall discuss the week ahead.
Investing in Defense, Cloud Stock Performance, and the S&P 500 in 2023 02/24/23
On the one-year anniversary of the invasion of Ukraine, what is the state of national security and defense? Morgan Stanley's Kristine Liwag weighs in. Plus, cloud and enterprise stocks are outperforming the market, with several high growth and high valuation names seeing outsized gains. Wedbush's Dan Ives dives into his favorite stocks. And, the S&P 500 is on track for its worst week since December, down more than 1.5% this month and up just 4.5% year-to-date. NewEdge Wealth's Ben Emons and Oppenheimer's John Stoltzfus wrap up the markets for the week.
Ukraine’s Agriculture Problem, Alibaba’s Slowing Revenue Growth, and Key Market Catalyst 02/23/23
The invasion of Ukraine has created new problems for the global food supply chain, halting Ukraine’s exports of grains and raising the number of people around the world facing food insecurity. The American Farm Bureau’s Veronica Nigh dives into the conflict. Plus, analysts are expecting Alibaba to post its slowest ever revenue growth, weighed down by rising regulations and COVID lockdowns. William Blair’s Vivian Lin Thurston gives her expectations. And, with the rally to start the year losing steam recently, what catalysts are fueling the market? Miramar Capital’s Max Wasserman and ProShares Advisors’ Simeon Hyman weigh in.
State of the Energy Sector, Nvidia's Microsoft Partnership, and FOMC Meeting Minutes 02/22/23
One year after Russia's invasion of Ukraine, what is the state of the energy sector? Energy Aspects' Amrita Sen weighs in. Plus, Nvidia results are out today on the heels of its announced partnership with Microsoft to save the Activision deal. Wedbush Securities' Matt Bryson lays out his expectations. And, investors are awaiting minutes from the latest FOMC meeting, which will likely be a catalyst for markets. Piper Sandler's Craig Johnson discusses the trading day.
President Biden in Poland, Walmart and Home Depot Earnings, and the Trading Week Ahead 02/21/23
President Biden is in Poland this morning to meet with leaders after yesterday's surprise visit to Ukraine. Retired Army Lieutenant General Steph Twitty dives into where things stand one year into the invasion of Ukraine. Plus, Walmart and Home Depot kick off retail earnings this week, with several companies forecasting weaker sales growth and margins. Refinitiv's Jharonne Martis gives the outlook. And, JPMorgan says investors may be setting themselves up for disappointment when it comes to a Fed pivot. Raymond James Investment Management's Matt Orton, Defiance ETFs' Sylvia Jablonski, and Veritas Financial Group's Greg Branch discuss the trading week ahead.
DraftKings' Earnings Beat, the Industrials Boom, and Top Retail Investor Trends 02/17/23
Shares of DraftKings are higher this morning after the company beat on earnings and revenue. Jefferies' David Katz breaks down the gambling sector. Plus, several industrials stocks are hitting new highs amid a tear for the sector. D. A. Davidson's Michael Shlisky explains what this means for the Deere earnings on deck. And, what are the top retail trends among investors in 2023? Investopedia' Caleb Silver lays them out.
Cisco's Earnings Beat, AIG's Profit Drop, and the Outlook for Stocks 02/16/23
Shares of Cisco Systems are popping more than 10% after the company beat on earnings and revenue, as well as raised guidance for the year. Bank of America Securities' Tal Liani explains the company's outlook. Plus, AIG had its strongest underwriting performance last year but saw a dip in net profit. Piper Sandler's Paul Newsome discusses the insurance space. And, despite a solid start to the year for stocks, are stormy skies on the horizon? Miller Tabak's Matt Maley and Aureus Asset Management's Karen Firestone weigh in.
Airbnb's Record Year, Retail Sales on Deck, and the Odds of a Recession 02/15/23
Shares of Airbnb are higher after the company posted its first annual profit ever. Wells Fargo's Brian Fitzgerald explains why he's bullish on the stock. Plus, investors are awaiting the latest snapshot on the U.S. consumer today, with January retail sales out this morning. Telsey Advisory Group's Dana Telsey discusses the names she's watching. And, executives at some of Wall Street's biggest banks are changing their tune on the economy, the odds of a recession, and if the Fed can pull off a soft landing. Van Lanschot Kempen's Anneka Treon, Horizon Investments' Zachary Hill, and Baird's Ross Mayfield give their thoughts.
The Outlook for Stocks, U.S.-China Tensions, and Today’s CPI Report 02/14/23
Ahead of today’s inflation report, what is the outlook for stocks, a potential recession, and the global economy? CalSTRS’ CEO Christopher Ailman weighs in. Plus, amid heightened tensions between the U.S. and China over the suspected spy balloon, the Bank of Japan is making a leadership change. Former Morgan Stanley Asia Chairman Stephen Roach gives his thoughts. And, investors are gearing up for what is likely to be a volatile day for markets. Capital Wealth Planning’s Kevin Simpson and NatWest Markets’ Michelle Girard discuss what to expect.
Latest On What We Know and Don't Know About Mystery Objects Being Shot Down; Former BP CEO on Europe's Growing Green Energy Bill; JPMorgan's Joyce Chang On Inflation & the Markets 02/13/23
Eamon Javers discusses the latest information about the unidentified flying objects the U.S. military has shot down over this country and Canada in the past few days. Plus, former BP CEO John Browne discusses Europe's shift to green energy sources, which is being met by some pushback from Germany and other EU countries. And, JPMorgan's Joyce Chang on which parts of the world look ripe for investment right now, with inflation still on the front burner in the U.S.
Tech Layoffs, A Busy Stock Market Week, and Super Bowl Sunday 02/10/23
Layoffs in tech and media continue to accelerate, with Yahoo and Newscorp among the latest to cut jobs. Fast Company's Stephanie Mehta and The Conference Board's Dana Peterson explain the outlook. Plus, investors are digesting a busy week of earnings and Fed speak. Truist Advisory Services' Keith Lerner and Qontigo's Melissa Brown break down the markets. And, the countdown to Super Bowl Sunday is on. Contessa Brewer has the full story on sports betting.
Disney Shares Popping, Holding onto Stock Gains, and the Case for Small Cap Investing 02/09/23
Shares of Disney are popping in the pre-market on the heels of a first quarter top and bottom line beat that showed smaller than expected streaming subscriber losses. UBS’ John Hodulik discusses the company’s massive restructuring plan. Plus, U.S. stocks are struggling to hold onto gains as investors digest more corporate earnings and an onslaught of Fed speak. Principal Asset Management’s Seema Shah dives into what this means overseas. And, the Russell 2000 index is up 10% this year, an outperformer compared to the S&P 500, which is up 7%. Alger’s Amy Zhang makes the case for investing in small caps.
Disney Earnings Expectations, State of the Union Recap, and a Good Start for Stocks 02/08/23
Disney reports earnings for the first time since Bob Iger returned as CEO, with analysts expecting EPS to fall but revenue to rise. Citigroup’s Jason Bazinet gives the outlook. Plus, in last night’s State of the Union address, President Biden renewed his call for taxing billionaires and corporate stock buybacks to reduce the federal deficit. American Enterprise Institute’s Jim Pethokoukis recaps the event. And, stocks are off to a good start to the year as investors turn their attention from the Fed to earnings. Hennessy Funds’ Josh Wein and Steward Partners Global Advisory’s Eric Beiley discuss where to invest.
Pinterest Earnings, BP's Record Annual Profit, and More Fed Speak Today 02/07/23
In the wake of mixed reports from Meta, Alphabet, Amazon, and Snapchat, Pinterest is also seeing its shares fall. Arete Research's Rocco Strauss discuss the earnings report. Plus, BP has posted a record annual profit of $28 billion and hiked its dividend by 10%. Cowen's Jason Gabelman weighs in on the energy sector. And, investors are bracing for more commentary from Fed Chair Jay Powell, who will be speaking at The Economic Club in Washington, D.C. The Glenview Trust Company's Bill Stone and Apex Financial's Lee Baker break down the markets.
Tech's Wild Week, a New Oil Ban, and a Soft Landing Ahead? 02/06/23
It's been a wild few weeks for mega-cap tech, with the Nasdaq up nearly 15% this year after wrapping its fifth straight weeks of gains in what has been its longest weekly winning streak since November 2021. Evercore ISI's Mark Mahaney and Big Technology's Alex Kantrowitz discuss the road ahead for tech. Plus, Europe has imposed a new ban on Russian-made diesel fuel and other oil products, such as gasoline and jet fuel. Again Capital's John Kilduff explains what this means for prices. And, a new note from Goldman Sachs suggests a soft landing may be a possibility. Chantico Global's Gina Sanchez and G Squared Private Wealth's Victoria Greene break down the markets.
Big Tech's Tumble, Ford's Disappointing Guidance, and Major Share Buybacks 02/03/23
Big tech is taking a tumble after Apple, Amazon, and Alphabet all reported earnings losses and issued weak guidance going forward. Arete Research's Richard Kramer give the outlook for the sector. Plus, shares of Ford are dropping at the company posted an ugly four quarter and a disappointing full-year outlook. Jefferies' Philippe Houchois dives into the latest. And, Meta and Chevron are the latest companies announcing major share buyback plans, with 77 new programs announced in January. American Enterprise Institute's Jimmy Pethokoukis gives the details.
Tech's Big Rally, Adani Group's Decline, and Cooling Inflation? 02/02/23
Shares of Meta are surging after the company posted better-than-expected revenue and issued a $40 billion stock buyback. Laffer Tengler Investments' Nancy Tengler breaks down what to expect from Apple, Amazon, and Alphabet's earnings reports today. Plus, after short-seller Hindenburg Research accused Adani Group of stock manipulation, the company's total losses are now topping $100 billion. The Wall Street Journal's Weilun Soon gives the latest. And, investor sentiment is rising on signs that the Fed may be ready to pause its rate hike campaign. Tiger 21's Michael Sonnenfeldt and Matrix Asset Advisors' David Katz discuss the markets.
Snap Shares Sinking, the Fed's First 2023 Decision, and the January Indicator Trifecta 02/01/23
Shares of Snap are plunging on the heels of yesterday's Q4 earnings report, where the company beat on earnings but missed on revenue and daily active users. Neuberger Berman's Daniel Flax and Cleo Capital's Sarah Kunst discuss the social stock trade. Plus, investors are gearing up for the conclusion of the Fed's first policy meeting of the new year. Palumbo Wealth Management's Phil Palumbo and S&P Global Ratings' Beth Ann Bovino weigh in on what to expect. And, Wall Street has hit the January Indicator Trifecta, with the Santa Claus Rally, the First Five Days Early Warning System, and the January Barometer all logging gains. Credit Suisse's Patrick Palfrey explains the markets going forward.
The First FOMC Meeting of the Year, UPS Earnings, and OPEC's Outlook 01/31/23
The Federal Reserve is kicking off its first policy decision meeting of the year, and after seven straight rate hikes in 2022, investors are expecting the committee to continue easing off the accelerator. Former Fed Vice Chairman Roger Ferguson gives his thoughts. Plus, Wall Street is watching shares of UPS as the company prepares to report Q4 earnings. BofA Securities' Ken Hoexter breaks down what to expect. And, OPEC+ is meeting again virtually, with the big question being whether they will keep their current output plan. RBC Capital Markets' Helima Croft weighs in on the outlook.
Semi Stocks' Outlook, the Housing Market, and Earnings Season Ahead 01/30/23
Another rough day is shaping up for Intel after an ugly trading session on Friday and an even uglier Q4 earnings report. Moor Insights & Strategy's Patrick Moorhead explains the road ahead. Plus, Wall Street is awaiting a batch of housing data this week, including the S&P Case-Shiller Home Price Index. Cortland's Brad Dillman discusses what to expect. And, it's the biggest week of earnings season, with 100 S&P 500 companies set to report. Carson Group's Ryan Detrick, New Street Advisors Group's Delano Saporu, and Zor Capital's Joseph Fahmy weigh in on the markets.
Chevron’s Stock Bounce, Cautious Corporate Guidance, and Earnings Next Week 1/27/23
Shares of Chevron are ticking up on the news that the company is launching a $75 billion buyback and is hiking its dividend by 6%. RBC Capital Markets’ Biraj Borkhataria explains what to expect from the Q4 earnings report today. Plus, guidance for the year ahead has been cautious as rising interest rates and a potential consumer slowdown continue to weigh on corporate profits. Washington Crossing Advisors’ Kevin Caron lays out his outlook. And, Wall Street is digesting another week of earnings before the parade rolls on next week. Evans May Wealth’s Lizzie Evans discusses where to invest.
Tesla Shares Popping, Europe’s Energy Outlook, and Trump’s Return to Facebook 1/26/23
Tesla shares are popping after the company beat on both earnings and revenue. Canaccord Genuity’s George Gianarikas gives the details. Plus, new research from Deutsche Bank shows that Europe may make it through this winter from an energy perspective. Former Chairman of the Federal Energy Regulatory Commission Neil Chaterjee weighs in on the outlook. And, Meta is allowing former president Donald Trump to return to Facebook and Instagram after a nearly two year suspension. American Enterprise Institute’s James Pethokoukis explains why.
Worldwide Exchange 1/25/23
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Tech Sector Rally, More Earnings Ahead, and Stock Investing Opportunities 1/24/23
The tech sector is on fire, with the Nasdaq off to its best start for a year since 2019 when it ran up 8% in the first three weeks of January and finished up 35% overall. Hargreaves Landsdown's Sophie Lund-Yates explains what's to come. Plus, investors are gearing up for another batch of economic data and earnings as they look for signs of a slowdown in Fed-induced rate hikes. Capital Wealth Planning's Kevin Simpson gives his thoughts on the markets. And, what opportunities lie ahead for stock investments on Wall Street? Pivotal Advisors' Tiffany McGhee weighs in.
Tech Sector Pops, Fixed Income Opportunities, and the Earnings Week Ahead 1/23/23
It's been a pretty hot year for many stocks in the tech sector, with the Nasdaq on a three-week winning streak. Liberty Sky Advisors' Ian Whittaker lays out the latest. Plus, a new trading model from JPMorgan shows the odds of a recession are falling sharply across multiple markets. BondBloxx's Joanna Gallegos breaks down the opportunities in fixed income. And, it's a busy week ahead for investors, with 12 Dow components and about one sixth of the S&P 500 set to report earnings. Veritas Financial Group's Greg Branch discusses what to expect.
Netflix's Subscriber Growth, the Emerging Markets Trade, and the Fed's Inflation Take 1/20/23
Netflix shares are rising on the back of in-line revenue and an increase of over 7 million subscribers during the fourth quarter. Clockwise Capital's James Cakmak discusses the results. Plus, while the major indexes in the U.S. have faced growing pressure after a solid start to the year, emerging markets have not. Mobius Capital Partners' Mark Mobius explains where to invest. And, several Fed officials are encouraged by the impact of rate hikes on inflation. Main Street Asset Management's Erin Gibbs and Defiance ETFs' Sylvia Jablonski break down the markets.
Netflix Earnings, Record Cash Holdings, and a Bullish View on Wall Street 1/19/23
Netflix is gearing up to report Q4 results after the bell as investors look for insight into subscriber and revenue growth since it launched its ad tier in November. Big Technology's Alex Kantrowitz explains what to expect. Plus, the Investment Company Institute says a record amount of funds flowed into money market accounts at the end of last year, topping the previous peak in 2020. Girard's Timothy Chubb gives his outlook on the markets. And, renewed recession worries are curbing stocks' run to start the new year, but is there a reason to still be bullish? CFRA's Sam Stovall weighs in.
Crypto's Bounce, December Retail Sales, and A Market Rally? 1/18/23
Bitcoin and Ether are outperforming just about all traditional assets, with both posting gains of roughly 30%. Kaiko's Clara Medalie discusses if this is a short-term bounce or a long-term bull trend. Plus, December retail sales figures are expected today as investors look for insight into the state of the consumer and inflation. Kearney Consumer Institute's Katie Thomas breaks down what to expect. And, a number of strategists are telling clients that the VIX falling to its lowest level in months could be a warning signal that the latest stock market rally may be winding down. Potomac Wealth Advisors' Mark Avallone and Fairlead Strategies' Katie Stockton weigh in on what this means for trading.
/Live from Davos 2023, the Energy Outlook, and More Bank Earnings 1/17/23
It's a big couple of days from Davos, Switzerland and the World Economic Forum. Bain Capital's Stephen Pagliuca breaks down his predictions for the year. Plus, when it comes to oil prices, there are going to be two major factors this year: how much China begins buying up oil again, and whether OPEC+ will cut production again in the coming months. S&P Global's Dan Yergin discusses the outlook from Davos. And, after a mixed bag of results on Friday, investors are gearing up for round two of bank earnings. Whalen Global Advisors' Christopher Whalen explains what to expect.
Big Bank Earnings, Oil Prices on the Rise, and Friday the 13th 1/13/23
Earnings from banks both big and small are on deck today as many bank stocks come off a red hot week. Mendon Capital Advisors' Anton Schutz breaks down what to expect. Plus, oil prices are back on the rise, and this week, they're on track for a gain of more than 6%, with ICE Brent Crude in line for its best performance since October. RBC Capital Markets' Helima Croft talks all things energy. And, today is Friday the 13th, which historically has a good reputation on Wall Street. Hodges Capital Management's Eric Marshall and Veritas Financial Group's Greg Branch discuss the markets.
Disney's Board Shakeup, December CPI, and Earnings Season Expectations 1/12/23
Disney is gearing up for a big board room battle with billionaire Nelson Peltz, who wants to join the board. Big Technology's Alex Kantrowitz gives the latest. Plus, investors are awaiting the December CPI report, with analysts expecting a 6.5% rise from a year ago. NatWest Markets' Michelle Girard explains what to expect. And, markets are muted ahead of earnings season, where 7 of the 11 sectors are forecasted to contract. Blanke Schein Wealth Management's Robert Schein and Bolvin Wealth Management's Gina Bolvin break down the trading day ahead.
The Market Technicals, Energy Stocks in 2023, and Tomorrow's CPI Report 1/11/23
Despite the pain of inflation, higher interest rates, and falling earnings expectations, do the technicals suggest better days ahead for stocks? Piper Sandler's Craig Johnson weighs in. Plus, the energy sector had a record year in 2022, soaring 59% on average. RBC Capital Markets' Biraj Borkhataria discusses the outlook for the sector this year. And, ahead of tomorrow's CPI report, the bulls may be in control, with signals suggesting a continuation of the near-term price action. Horizon Investments' Zachary Hill gives his views on the markets.
Brazil’s Economy, A January Markets Rally, and Economic Data This Week 1/10/23
The mob of supporters of Brazil’s former president Jair Bolsonaro that stormed government buildings this weekend may turn out to be a reality check for Latin America’s largest economy. Bulltick Capital Markets’ Kathryn Rooney Vera explains the outlook. Plus, with a mixed session for the markets yesterday, is a January rally still a possibility? Salem Investment Counselors’ David Rea weighs in. And, investors are awaiting more economic data ahead of Thursday’s CPI print to see if inflation is finally cooling. KKM Financial’s Jeff Kilburg previews the trading day.
The New House Speaker, China’s Reopening, and Markets This Week 1/9/23
Concessions made by freshly appointed House speaker Kevin McCarthy may rear their head as lawmakers take up rules to govern the new Congress and united a fractured party. Tina Fordham gives the latest. Plus, tens of thousands of travelers are flocking to China’s airports and train stations after the country reopened its borders this weekend. Dewardric McNeal explains what’s to come. And, investors are awaiting a slew of economic data this week as they search for signs of a pause or pivot in the Fed’s rate hiking campaign. Harris Financial Group’s Jamie Cox and Decatur Capital’s Degas Wright break down their outlook for the markets.
Worldwide Exchange+ Exclusive from the Goldman Sachs Global Energy & Clean Technology Conference 1/6/23
In this CNBC exclusive from the annual Goldman Sachs Global Energy and Clean Tech Conference, Brian Sullivan speaks with some of the biggest names in energy to discuss key issues impacting the energy markets and whether the strong gains in 2022 can continue into this new year. Guests include: Chesapeake Energy CEO Nick Dell’Osso, Cheniere Energy CEO Jack Fusco, and Pioneer Natural Resources CEO Scott Sheffield. (Record date: 1/5/22)
Jobs Friday, House Speaker Standoff, and Mixed Stock Futures 01/06/23
The monthly employment data is out today, where it’s expected that U.S. job and wage growth was solid in December, though rising interest rates could slow momentum this year. Lightcast’s Rucha Vankudre breaks down the numbers. Plus, the ongoing standoff within the Republican party over Kevin McCarthy’s bid to become House Speaker continues. Raymond James’ Ed Mills gives the latest. And, stock futures are mixed as the Fed signals that they may not be done with their campaign to tame inflation. Palisade Capital Management’s Dan Veru and Rose Advisors as Hightower’s Patrick Fruzzetti explain how to play the markets.
Amazon Layoffs, Votes for House Speaker, and Chinese Tech Stock Gains 01/05/23
Amazon is raising the number of employees it plans to lay off, with job cuts focused on the company's e-commerce business, human resources, and technology. Arete Research's Richard Kramer explains the outlook. Plus, Republican congressman Kevin McCarthy is set to try and secure enough votes to become House Speaker for a third straight day. Stifel's Brian Gardner gives the latest. And, big gains in Chinese tech stocks may be signaling that the government's wide-ranging crackdown on tech and other sectors may be nearing an end. Krane Shares' Brendan Ahern discusses whether China is investable again.
GE's Healthcare Spin-Off, Apple and Tesla's Market Value Meltdown, and Biden's Infrastructure Plan 01/04/23
Shares of GE are lower as the company gears up for the first day of trading for its healthcare unit spin-off under the ticker GEHC. William Blair's Nicholas Heymann discusses the stock. Plus, Apple and Tesla are also looking to trade in the red today, with both companies losing significant market value in the last year. Hargreaves Lansdown' Sophie Lund-Yates gives the outlook. And, President Biden is heading to Kentucky today to promote the economy and his infrastructure law. Thompson Research Group's Kathryn Thompson explains what to expect.
Oil Prices in 2023, the DC Agenda, and Rising Stock Futures 01/03/23
Oil prices are holding steady today despite weaker factory data from China and a warning from the head of the IMF about a tough year ahead for the global economy. Rystad Energy's Jorge Leon gives the 2023 outlook. Plus, as Congress prepares to return to Capitol Hill, Republicans are set to take control of the House, presenting new challenges for President Biden's agenda. American Enterprise Institute's Jim Pethokoukis explains what's to come. And, stock futures are higher to start off the year as investors look to January as a market predictor for the rest of the year. Silvercrest Asset Management's Robert Teeter and Pivotal Advisors' Tiffany McGhee break down the trading day ahead.
Cracks in Crypto, Cooldown in Housing, and the Final Days of the Trading Year 12/29/22
Big cracks within the cryptocurrency market, from the meltdown of the Terra stablecoin to the collapse of FTX, have pushed some investors to ditch the space outright. TechCrunch’s Jacquelyn Melinek explains the outlook. Plus, demand for housing continues to slow due to rising interest rates and fears of a recession in 2023. Cortland’s Brad Dillman weighs in on the sector. And, stocks are gearing up for the second to last trading of the month and year. Miller Tabak’s Matt Maley, Tiger 21’s Michael Sonnenfedlt, and Horizon Investments’ Scott Ladner break down what to expect.
The Tech Trade, China's Reopening, and the Small Business Outlook 12/28/22
It's been a rough year for the markets, with the Nasdaq down nearly 34% and mega-cap tech stocks seeing major losses across the board. Evercore ISI's Mark Mahaney breaks down the tech trade. Plus, there's been a lot of optimism among investors over China and the reopening of the world's second largest economy as the government works to scrap its long-held Zero Covid policy. MSA Capital's Ben Harburg discusses the latest. And, it's not just big corporation that have been tightening their belts due to fears of inflation and a potential recession - it's also small businesses. Small Business Roundtable's John Stanford explains the outlook.
Your 2023 Predictions for Energy, Jobs, and Washington, DC 12/27/22
It's been a crazy ride for oil prices this year, which spiked in February when Russia invaded Ukraine, and again in June. CIBC Private Wealth's Rebecca Bain dives into the energy complex. Plus, as investors look to the employment landscape for insight on the state of the economy, companies weigh whether to hire or fire in 2023. ZipRecruiter's Julia Pollak breaks down her key predictions for jobs next year. And, what's on the agenda for Congress in the coming weeks? Raymond James' Ed Mills weighs in.
Worldwide Exchange 12/23/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Worldwide Exchange 12/22/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and liveinternational market action.
FedEx’s Continued Decline, Higher Stock Futures, and a Mixed Picture for Individual Stocks 12/21/22
FedEx delivered bad news to investors, reporting lower earnings and sales from a year earlier and warning of a continued weaker demand. Bank of America Securities’ Ken Hoexter explains what this means for the company. Plus, stocks are pointing to a higher open as investors gear up for the final trading days of the year. Coastal Bridge Advisors’ Jim Pratt-Heaney dives into his investment thesis. And, what’s the latest for shares of Nike, FedEx, and Tesla? Fairlead Strategies’ Katie Stockton weighs in.
Will Another Rocky Trading Session Cancel a Year-End Santa Rally? 12/20/22
Markets are bracing for another rocky trading session, with recession risks continuing to weigh on investor sentiment. Palumbo Wealth Management’s Phil Palumbo discusses Wall Street’s hopes for a year-end Santa rally. Plus, authorities in China are scrambling to add hospital beds and build screening clinics as a new wave of Covid cases sweeps through the country. The Wall Street Journal’s Jonathan Cheng gives the latest. And, it’s another busy day for traders, with a slew of economic data and earnings reports on deck. Gilman Hill Asset Management’s Jenny Harrington and Oppenheimer Asset Management’s John Stoltzfus weigh in on what to expect.
Worldwide Exchange 12/19/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
The Tech Sector’s Decline, Flat Treasury Levels, and a Continued Stock Sell-Off 12/16/22
The decline in the tech sector continues with outsized moves in the Nasdaq and Nasdaq 100 bringing everyone from Apple to Microsoft down yesterday. Cleo Capital’s Sarah Kunst gives her outlook for these beaten-down stocks. Plus, treasuries are remaining relatively flat following the Fed’s rate hike decision. TD Securities’ Priya Misra dives into market sentiment for bond investors. And, stock futures are looking to extend yesterday’s sell-off, with all the major averages in the red. Piper Sandler’s Craig Johnson and Crossmark Global Investments weigh in on the trading day ahead.
Tesla's Fall from Grace, Retail Sales on Deck, and China's Declining Economy 12/15/22
Shares of Tesla have lost nearly half of their value in just the last 90 days and have closed below $500 billion for the first time in more than two years. Roth Capital's Craig Irwin explains the outlook for the company. Plus, we're just 10 days from Christmas as investors gear up for another read on retail. Oppenheimer & Co.'s Brian Nagel breaks down what to watch. And, China's economy is taking a big hit from its failed Zero-COVID policies. ICBC Standard Bank's Jinny Yan gives her insight.
The Fed's December Decision, Investor Sentiment, and Economic Reports on Deck 12/14/22
Stock futures are higher ahead as investors await the Federal Reserve's December meeting decision. Federated Hermes' Linda Bakhshian explains what this means for markets. Plus, sentiment among retail investors is showing signs of increasing appetite for putting money to work, though some key concerns do remain. Investopedia's Caleb Silver breaks down the top results. And, it's a busy day ahead for Wall Street with several earnings and economic reports. ProShares' Simeon Hyman weighs in on what to expect.
Worldwide Exchange 12/13/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Worldwide Exchange 12/12/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Will China Return to Healthier Growth in 2023?; Retail Analyst: Lululemon Isn’t Suffering From a Lack of Demand; Why a “Twitter Overhang” is Pressuring Tesla’s Stock 12/09/22
Shehzad Qazi of China Beige Book discusses what factors are key to renewed growth in the world’s second-largest economy. Plus, Stacey Widlitz of SW Retail Advisors says Lululemon’s issues appear to be more about the massive run-up the stock has had in recent months than a slowdown in store traffic or sales. And, Tim Higgins of the Wall Street Journal talks about the notion Elon Musk is being stretched too thin and is being distracted by spending time at Twitter to focus on his main business, Tesla.
Mastercard’s View on Consumer Spending & The Economy; Clearer Skies Ahead for Salesforce and the Cloud Sector?; Do Consumers Have An Appetite for More Streaming Ads? 12/08/22
Mastercard is out with exclusive data on how inflation may impact consumer spending in the year ahead. Plus, a discussion on whether Salesforce CEO Marc Benioff can right the ship after a tough stretch for the company and the overall cloud sector. And, Alex Kantrowitz of Big Data talks about the latest entrant to the ad-supported streaming market, Disney+
Renewable Energy Sources, Homebuilder Stocks, and the Markets’ Losing Streak 12/07/22
The race is on to replace fossil fuels with renewable energy sources, such as solar, wind, and green hydrogen. Frontier Renewables’ Balduin Hesse explains the outlook. Plus, despite beating earnings expectations on both the top and bottom lines, Toll Brothers is warning of a potential housing demand slowdown. CFRA’s Ken Leon breaks down the homebuilder stocks. And, stocks extended their losing streak yesterday, with the S&P 500 positing its fourth negative session in a row. Piper Sandler’s Craig Johnson and Gilman Hill Asset Management’s Jenny Harrington lay out the trading day ahead.
Europe’s Energy Crisis, Goldman Sachs’ Inflation Expectations, and Economic Data on Deck 12/06/22
Europe’s energy crisis is one that could tilt not just the continent, but also the entire world. into recession. RBC Capital Markets’ Biraj Borkhataria explains the latest developments. Plus, Goldman Sachs is projecting that peak inflation is behind us, but will the Fed stop raising rates in 2023? BondBloxx’s Joanna Gallegos and Manulife’s Nathan Thooft weigh in. And, markets are marginally higher ahead of more economic data and earnings out today. Wall Street Alliance Group’s Aadil Zaman previews the trading day.
The Latest on the OPEC+ Meeting, Stock Futures, and the Trading Week Ahead 12/05/22
The price of crude oil is catching a bid after a very busy 24 hours on the energy front. RBC Capital Markets’ Helima Croft recaps the OPEC+ meeting. Plus, futures are lower ahead of the Federal Reserve’s December meeting, where investors are expecting a 50 basis point rate hike. Sanctuary Wealth’s Mary Ann Bartels gives her take. And, it’s a busy week ahead for economic data, with new reads of the Producer Price Index and ISM Services Index on deck. Veritas Financial’s Greg Branch previews the new trading day.
EU Oil Sanctions, the November Jobs Report, and a Potential 2023 Recession 12/02/22
The European Union is closing in on a possible Russian oil price cap of $60 a barrel. Sankey Research's Paul Sankey explains the implications for this weekend's OPEC+ meeting. Plus, investors are awaiting this morning's November jobs report, with economists expecting employers to have added around 200,000 jobs last month. Oppenheimer Asset Management's John Stoltzfus and Winthrop Capital Management's Greg Hahn break down the impact on the markets. And, is a 2023 recession inevitable? Ariel Investments' Rupal Bhansali weighs in.
FTX's Sam Bankman-Fried Speaks Out, Oil Prices Rise, and Markets Look for Signs of Strength 12/01/22
Congress is set to hold its first hearing on the downfall of FTX, which comes on the heels of founder Sam Bankman-Fried's conversation with Andrew Ross Sorkin at yesterday's DealBook event. CoinDesk's Tracy Wang explains the latest. Plus, oil saw 3% gains yesterday in its best day since early November. Kpler's Matt Smith breaks down the energy outlook. And, futures are lower after the major averages rallied on the back of Federal Reserve Jerome Powell's signaling that smaller interest rate hikes could come as early as this month. The Glenview Trust Company's Bill Stone and RDM Financial Group's Michael Sheldon weigh in on the markets.
Tech’s Weak Spot, Oil’s Price Action, and a Housing Market Cooldown 11/30/22
Rounding out the final trading day of November, tech continues to be a weak spot for investors, with the Nasdaq standing as the only major index on track to end the month lower. Arete Research’s Rocco Strauss explains the outlook for the sector. Plus, crude prices are looking at some modest gains today as investors gear up for this weekend’s meeting by OPEC+. Saxo Bank’s Ole Hansen breaks down the price action around oil. And, what do recent home price numbers mean for a potential slowdown in the housing market? Cortland’s Brad Dillman weighs in.
China’s COVID-19 Restrictions, Cyber Week Record Sales, and a Tuesday Stock Turnaround 11/29/22
Officials in China are holding a press conference today over the ongoing COVID-19 restrictions showing no signs of easing, a policy move that some think could actually create an economic opportunity down the road. Robert Kuhn, a long-term advisor to China’s leaders, explains the outlook. Plus, shopping for Cyber Week is expected to hit all-time highs this year despite concerns over a potential consumer slowdown. Telsey Advisory Group’s Dana Telsey gives her top stock picks in the sector. And, markets are marginally higher following yesterday’s selloff. Waddell & Assocs.’ David Waddell, Pivotal Advisors’ Tiffany McGhee, and Allspring Global Investments’ Margie Patel weigh in on the trading day ahead.
Unrest in China, Record Black Friday Sales, and Lower Stock Futures 11/28/22
Unrest is erupting in cities across China overnight amid the country’s ever increasing COVID-19 lockdowns and restrictions. Longview Global’s Dewardric McNeal gives the latest. Plus, Black Friday saw record sales in online shopping, with a similar outcome expected for Cyber Monday today. R5 Capital’s Scott Mushkin breaks down his holiday outlook. And, markets are lower in pre-market trading. Fernwood Investment Management’s Cate Faddis and G Squared Private Wealth’s Victoria Greene discuss where they’re putting their money.
Black Friday Sales, an iPhone Production Slowdown, and the Shortened Trading Day Ahead 11/25/22
U.S. retailers are bracing for a slower-than-normal Black Friday as inflation weighs on consumer demand. J. Rogers Kniffen Worldwide’s Jan Kniffen breaks down what to expect. Plus, the latest unrest and exodus of workers at Foxconn’s factory in Zhengzhou is adding to pressures on Apple’s production of the iPhone 14 during the company’s most important quarter. Hargreaves Landsdown’s Sophie Lund-Yates gives the latest. And, futures are pointing towards a higher open ahead of the shortened trading day. Advisors Capital Management’s Chuck Lieberman and Infracap’s Jay Hatfield discuss the markets.
FTX’s Bankruptcy Hearing, Black Friday Shopping, and the State of Agriculture Supply 11/23/22
The bankruptcy process for FTX is beginning, marking the latest turn in the ongoing saga that is the exchange’s high profile collapse. Investopedia’s Caleb Silver explains the key topics investors are searching for online. Plus, shares of several retail companies are up ahead of Black Friday shopping. Storch Advisors’ Gerald Storch gives his expectations for the holiday shopping season. And, earnings from John Deere are out today as Wall Street looks for insight on the state of agriculture supply. Melius Research’s Rob Wertheimer details what to watch.
Higher Oil Prices, More Retail Earnings, and Lower Futures This Morning 11/22/22
Oil prices are edging higher today after both WTI and Brent Crude dove more than $5 a barrel to 10-month lows yesterday. Again Capital’s John Kilduff breaks down the outlook for energy ahead of OPEC’s next meeting. Plus, it’s the final stretch for retail earnings before holiday shopping season kicks off with Black Friday this week. SW Retail Advisors’ Stacey Widlitz discusses which names to watch. And, futures are pointing towards a muted open, but will there be a Tuesday turnaround during this shortened week? CIC Wealth’s Malcolm Ethridge, Potomac Wealth Advisors’ Mark Avallone, and Aureus Asset Management’s Kari Firestone weigh in.
Disney Trades Bob Chapek in for Bob Iger as Disney CEO 11/21/22
Disney’s board announced late last night that CEO Bob Chapek is out and Bob Iger is back in, marking the end of a tumultuous, nearly three-year tenure by Chapek. Financial Times’ Alex Barker gives the latest developments. Plus, the 2022 World Cup kicked off yesterday with the host nation Qatar falling to Ecuador. Washington University in St. Louis’ Patrick Rishe discusses the sports streaming landscape. And, AAA estimates more than 54 million people will travel over the Thanksgiving holiday, or about 98% of pre-pandemic levels this year. The Points Guy’s Brian Kelly explains what this means for the travel outlook.
The Latest in FTX, China Tech Stocks, and U.S. Equities. 11/18/22
The Bahamas securities regulator says it ordered the crypto assets of FTX’s Bahamas unit to a government-controlled wallet for safekeeping one day after its parent company filed for Chapter 11 bankruptcy. TechCrunch’s Anita Ramaswamy gives the latest. Plus, China tech stocks are higher on the back of a mixed quarterly report from Alibaba. SC Asia’s Sid Choraria explains the impact on the rest of the sector. And, stocks are coming off of a two-day losing streak following a slew of hawkish comments from Federal Reserve officials. UBS Global Wealth Management’s Mark Haefele and Truist Advisory Services’ Keith Lerner discuss the trading day ahead.
How Retail Earnings Are Impacting the Broader Markets. 11/17/22
It’s been a mixed picture for retail, with Target warning of a consumer slowdown despite names like Walmart, Home Depot, and Lowe’s all beating expectations. Kearney Consumer Institute’s Katie Thomas explains what’s to come. Plus, Federal Reserve Governor Christopher Waller says he’s open to the idea of raising rates by half a point but stresses that inflation remains painfully high. Raymond James Investment Management’s Matt Orton discusses what this means for the markets. And, stocks are coming off a second negative session in the past three. Crossmark Global Investments’ Victoria Fernandez presents her investment thesis.
Earnings Season Rolls on as the Consumer Remains Front and Center. 11/16/22
Retail earnings roll on with Target expected to report this morning on the heels of Walmart’s better-than-expected quarter yesterday. UBS’ Michael Lasser makes the case for the stock. Plus, it’s a mixed picture for Chinese tech, with names like Alibaba and JD.com reversing gains seen earlier this week. MSA Capital’s Ben Harburg gives the latest. And, stocks are looking to add onto yesterday’s gains following the PPI report and further signals of easing inflation. Cadinha & Co.’s Kaleialoha Cadinha-Pua’a and Diamond Hill’s Heather Brilliant lay out the trading day ahead.
What the Latest in Washington, D.C. Means for Wall Street. 11/15/22
Former President Donald Trump is widely expected to announce his 2024 presidential bid at an event in Mar-a-Lago this evening despite a number of his handpicked candidates losing key races in last week’s midterm elections. American Enterprise Institute’s James Pethokoukis gives his thoughts. Plus, FTX says it’s been in contact with the SEC, the U.S. Attorney’s office, and dozens of federal, state, and international regulators over the past few days. CoinDesk’s Sam Reynolds explains the latest. And, Walmart and Home Depot are kicking off a week of retail earnings. Refinitiv’s Jharonne Martis discusses the state of the consumer.
Biden and Xi's G20 Meeting, FTX's Continued Fallout, and the Trading Week Ahead. 11/14/22
President Biden and China's Xi Jinping are holding their first face-to-face meeting since Biden took office back in 2021 ahead of this week's G20 Summit in Bali. Eurasia Group's Anna Ashton gives the latest. Plus, sources say that FTX CEO Sam Bankman-Fried secretly transferred $10 billion in customer funds to his trading company, Alameda Research. CoinDesk's Lawrence Lewitinn explains what this means for the crypto ecosystem. And, a warning from the International Monetary Fund reports that the global economic outlook is even gloomier than projected. Global X's Jon Maier and Pivotal Advisors' Tiffany McGhee discuss the trading day ahead.
What Does a Cooler Than Expected CPI Print Mean for Stocks? 11/11/22
Stocks are getting a big boost on the back of the October CPI report showing a smaller than expected increase in consumer prices. Bank of America’s Aditya Bhave explains what this means for the economy going forward. Plus, reports say FTX is looking for more than $9 billion in rescue funds from rivals such as OKX and current investors like Sequoia Capital. TechCrunch’s Jackie Melinek gives the latest on the story. And, it’s been a rough ride for commercial real estate, with rising interest rates having an impact on demand. Marcus & Millichap’s Hessam Nadji weighs in on the sector.
Everything You Need to Know About FTX, the Midterms, and Today’s CPI Print 11/10/22
Binance is walking away from its plans to acquire FTX just a day after Binance CEO Chapeng Zhao reached a deal that would rescue the crypto exchange from liquidity crisis. CoinDesk’s Tracy Wang explains the latest updates. Plus, the fight for control of Congress rolls on, with contests in Arizona, Nevada, and Georgia all remaining too close to call. Invesco’s Andy Blocker discuss key takeaways from the midterms. And, the next major focal point for investors is likely today’s October CPI print. Fernwood Investment Management’s Cate Faddis and Gilman Hill Asset Management’s Jenny Harrington weigh in on its impact on the markets.
What Last Night’s Midterms Results Mean for the Stock Markets. 11/09/22
Democrats flipped a key Senate seat in Pennsylvania, helping to fend off expectations of a “red wave” by Republicans. Fordham Global Insight’s Tina Fordham dives into the midterm results. Plus, with the Republicans expected to win back control of the house and the Senate still hanging in the balance, there could be some changes coming to the United States’ role in the global energy landscape. RBC Capital Markets’ Helima Croft lays out the case. And, shares of Disney are falling after missing on the top and bottom lines in Q4. Citigroup’s Jason Bazinet discuss the future of the company.
It’s a Tight Race for the Midterms. Who Will Come Out on Top? 11/08/22
Americans are preparing to head to the polls to cast their ballots for the midterm elections in what’s expected to be a close contest. Raymond James’ Ed Mills explains what investors need to watch. Plus, several big tech companies have announced layoffs or hiring freezes in recent weeks. Fast Company’s Stephanie Mehta breaks down the implications on the sector. And, word on Wall Street is that the Fed will not be curbing its efforts to tame inflation any time soon. Zor Capital’s Joseph Fahmy and Howard Capital Management’s Vance Howard discuss what this means for the markets.
These Are the Best and Worst Performing Sectors This Month 11/07/22
The results are in from the latest NBC News midterm poll for the final check on the pulse of the voter before tomorrow’s midterm elections. Stifel’s Brian Gardner gives his thoughts on what’s to come. Plus, the Nasdaq is coming off its worst week since January, with software and services down nearly 9% last week. Baird’s Rob Oliver discusses what this means for the sector. And, ahead of another busy week of earnings, Goldman Sachs has cut its S&P 500 earnings estimate, citing margin headwinds. Principal Asset Management’s Seema Shah and Matrix Asset Advisors’ David Katz preview the trading week ahead.
October Jobs Report, the Travel Industry, and Rising Restaurant Prices. 11/04/22
The October jobs report is out today, just two days after the Federal Reserve boosted interest rates by 75 basis points for the fourth time in a row. Wells Fargo’s Sarah House explains what to expect. Plus, with earnings out from Expedia and Booking Holdings, what is the state of the travel industry? AB Bernstein’s Richard Clarke weighs in. And, Starbucks topped estimates as consumers continue to pay higher prices. Bank of America’s Sara Senatore gives the latest on the restaurant space.
Netflix’s Ad-Tier, the Fed’s Fourth Rate Hike, and the Trading Day Ahead. 11/03/22
Netflix launches its ad-tier today as the streaming wars continue. Big Technology’s Alex Kantrowitz explains what this means for the company. Plus, investors are still digesting the Federal Reserve’s fourth straight 75 basis point rate hike and Fed Chairman Jay Powell’s promise to keep his foot on the gas. Federated Investors’ Linda Bakhshian discusses the implications on the markets. And, what’s in store for the trading day ahead? Hennessy Funds’ Josh Wein and CFRA’s Sam Stovall weigh in.
Here’s What to Expect from Today’s Federal Reserve Policy Decision. 11/02/22
The countdown to today’s Federal Reserve policy decision is on, as investors price in a more than 85% chance the Fed raises the benchmark rate by 75 basis points for the fourth time in a row. TD Securities’ Priya Misra and NatWest Markets’ Michelle Girard break down what to expect. Plus, according to reports out this morning, Credit Suisse is garnering the attention of one controversial shareholder who would like to boost their stake in the bank. Financial Times’ Owen Walker gives the latest. And, China tech stocks are popping on unconfirmed news that the country will start easing COVID-19 restrictions. Clockwork Group’s Marko Papic discusses if this rally has any staying power.
How Likely Is Another 75 Basis Point Rate Hike This Week? 11/01/22
The Federal Reserve kicks off its two day policy meeting today, with investors pricing in a more than 88% chance of a 75 basis point rate hike. Former Fed Vice Chairman Roger Ferguson explains what to expect. Plus, the chip sector remains in focus for Wall Street this week as several names report Q3 results. Fitch Ratings’ Jason Pompeii breaks down the names to watch. And, stocks are gearing up for a new trading month after October’s big bounce. New Street Advisors Group’s Delano Saporu and J.P. Morgan’s Joyce Chang discuss how they’re playing the markets.
Another Busy Week for Tech Stocks, Politics, and Corporate Earnings. 10/31/22
Tech stocks are looking to shake off a rough week, with shares of some of the sector’s biggest players sinking on earnings and losing more than $250 billion in combined market value. Arete Research’s Rocco Strauss and Cleo Capital’s Sarah Kunst give their thoughts. Plus, with just over one week until the midterm elections, Wall Street is watching for updates on the attack on Nancy Pelosi’s husband, as well as growing concerns over Elon Musk’s Twitter takeover. Stifel’s Brian Gardner breaks down the latest. And, it’s another busy week for earnings, with nearly a third of the S&P 500 reporting this week. The Glenview Trust Company’s Bill Stone and Pivotal Advisors’ Tiffany McGhee discuss what this means for the markets.
A Volatile Week for Trading and Earnings. What’s Next? 10/28/22
Chevron and Exxon are set to report third quarter earnings as the energy rally continues. Barclays’ Jeanine Wai breaks down what to expect. Plus, Amazon and Apple told different stories with their earnings reports last night. Laffer Tengler Investments’ Nancy Tengler and Tigress Financial Partners’ Ivan Feinseth wrap up a big week for tech. And, the major averages are wrapping up a volatile week of trading. Chantico Global’s Gina Sanchez and Evans May Wealth’s Lizzie Evans discuss the trading day ahead.
With Meta Shares Plunging on Weak Earnings, What Can Wall Street Expect from Apple Today? 10/27/22
Meta shares are plunging after the company reported a second straight quarterly revenue declined and warned of another drop in the fourth quarter. GlobalData’s Cyrus Mewawalla explains what this means for Apple’s earnings today. Plus, Q3 GDP is expected to rebound despite ongoing worries of a 2023 recession in the U.S. Former Council of Economic Advisers Acting Chairman Tomas Philipson gives his thoughts on the global outlook. And, stocks are coming off a mixed session, with earnings once again serving as the main catalyst for Wall Street. Miller Tabak’s Matt Maley and CIC Wealth’s Malcolm Ethridge weigh in on the trading day ahead.
Alphabet and Microsoft Shares Are Down on Yesterday’s Earnings. 10/26/22
Alphabet shares are plunging after missing Q3 earnings expectations on both the top and bottom lines. CFRA’s Angelo Zino explains what this means for the company going forward. Plus, despite reporting better-than-expected revenue and EPS numbers, Microsoft is warning of a PC slowdown that will likely impact growth for tech. Griffin Securities’ Jay Vleeschhouwer gives his thoughts. And, a new poll from Reuters today finds that professional forecasters believe the global economy is approaching a recession as central banks continue rising rates to bring down inflation. Van Lanschot Kempen’s Anneka Treon weighs in.
A Slowdown in Big Tech, Housing, and Chinese Stocks? 10/25/22
The big tech giants report results amid signs of slowing demand for smartphones, e-commerce, and digital ads. Third Bridge’s Scott Kessler gives his expectations for the sector. Plus, ahead of the S&P Case-Shiller Home Price Index release today, is the housing market cooling down? Cortland’s Brad Dillman weighs in. And, Hong Kong and Chinese stocks are falling for a second straight session following their steepest sell-off in 14 years. KraneShares’ Brendan Ahern explains what this means for China president Xi Jinping’s next move.
More Than 150 S&P 500 Companies Report Earnings This Week. 10/24/22
It’s a busy week for earnings, with 152 S&P 500 companies set to report. Steward Partners Global Advisory’s Eric Beiley, Decatur Capital’s Degas Wright, and KKM Financial’s Jeff Kilburg break down what to expect. Plus, with two weeks to go until the midterm elections, new polling by NBC News shows the economy is front and center for many Americans when it comes to deciding who to vote for. Stifel’s Brian Gardner gives the latest. And, in recent months, there’s been increasing scrutiny on the potential for conflicts of interest when power and influence are wielded in Washington. CNBC’s Eamon Javers reports.
Snap Shares Sink, Transport Worries Rise, Stocks Dip Ahead of the Open. 10/21/22
Shares of Snap are sinking after the company reported weaker-than-expected revenue for the third quarter. Zacks Investment Research’s John Blank dives into what this means for social media stocks. Plus, big transport operators are trying to lock a deal with unions to avoid a strike. BofA Securities’ Ken Hoexter discusses Wall Street’s worries about freight demand amid a possible recession. And, growing expectations for continued hawkish moves by the Federal Reserve roll on. UBS Global Wealth Management’s Mark Haefele, BNP Paribas’ Carl Riccadonna, and Oppenheimer Asset Management’s John Stoltzfus break down the trading day ahead.
Tesla Shares Are Sinking, Oil Prices Are Rising, and Stocks Are Pointing Towards a Lower Open. 10/20/22
Tesla shares are sinking after delivering a mixed Q3 earnings report after the bell yesterday. Roth Capital’s Craig Irwin discusses the future of the company. Plus, oil prices are rising today on reports that China may ease some COVID measures, possibly cutting the quarantine period for inbound visitors to seven days from 10 days. BofA Global Research’s Francisco Blanch dives into the commodity trade. And, stocks are pointing towards a lower open as inflation concerns remain top of mind on Wall Street. Capital Wealth Planning’s Kevin Simpson and Gilman Hill Asset Management’s Jenny Harrington lay out the trading day ahead.
Netflix Surges, Tesla Holds Steady Amid Higher Investor Sentiment. 10/19/22
Shares of Netflix are surging after the media company beat top and bottom earnings expectations and added over 2 million global subscribers. The Benchmark Company’s Matthew Harrigan explains why he’s still hesitant about the stock. Plus, investors are watching Tesla ahead of its Q3 numbers after the close today. The Wall Street Journal’s Tim Higgins dives into what to expect. And, stocks are trying to add to their latest win streak, with a sentiment shift going on at the retail investor level. Investopedia’s Caleb Silver discusses how investors are feeling.
The UK’s Tax Cut Reversal, A Surge in Mortgage Rates, and Expected Reports from Banks. 10/18/22
Newly appointed Treasury Chief Jeremy Hunt has announced a reversal in the UK’s tax cuts in an effort to stabilize the economy. ING Bank’s Carsten Brzeski gives the latest. Plus, the 30-Year Fixed Mortgage is now hovering around 7%, jumping to its highest level in roughly 20 years. Digital Risk’s Jeff Taylor breaks down the housing sector. And, investors are awaiting final reports from financials, including Goldman Sachs, State Street, and Truist Financial. JMP Securities’ Devin Ryan previews what to expect.
How Will President Biden Respond to OPEC+? Are the Republicans Looking at a Clean Sweep in the Mid-Terms? Why One Market Watcher Says It’s Not Time to Go Long Equities. 10/17/22
Energy Aspects’ Amrita Sen lays out the possible responses the Biden Administration may have to OPEC+ cutting oil production, including a big release from the SPR. Plus, Brian Gardner of KBW discusses whether it will be a “Red Wave” in Congress and the statehouses in November. And, Sunaina Sinha Haldea of Raymond James says companies that are resilient to higher inflation are good opportunities for investors, such as healthcare services and insurance.
Big Bank Earnings, Xi Jinping’s Rule in China, and UK Bonds. 10/14/22
It’s a busy day on Wall Street, with JPMorgan, Citi, Morgan Stanley, and Wells Fargo all expected to report Q3 earnings before the bell today. Argus Research’s Stephen Biggar breaks down what to expect. Plus, China President Xi Jinping is poised to cement a third five-year term this Sunday, making him the country’s most powerful leader since Mao. China Beige Book’s Shehzad Qazi explains the impact. And, investors continue to keep one eye on the situation in the UK as they also turn their attention to earnings season. Palisade Capital Management’s Dan Veru and Aureus Asset Management’s Kari Firestone discuss the trading day ahead.
Expectations for Today’s CPI Print Are Red Hot. Are They Right? 10/13/22
Investors are bracing for the latest read on inflation with the September CPI report. Former Atlanta Fed President Dennis Lockhart discusses what to expect. Plus, the Biden administration has been scrambling to prevent curbs on semiconductor manufacturing from further disrupting the supply chain. MSA Capital’s Ben Harburg breaks down which names could be hit the hardest. And, Wall Street is still grappling with the UK policy crisis and what it could mean for markets state-side. CalSTRS’ Christopher Ailman and Citi Global Wealth Investments’ Steven Wieting give their thoughts.
Meta’s Product Launch, Tech’s Continued Tumble, and the UK’s Bank Emergency. 10/12/22
Meta’s annual Connect Developer Conference unveiled several new virtual reality tools, including the Quest Pro headset, which will begin shipping to buyers this month. Journey’s Cathy Hackl recaps the event. Plus, tech continues to feel the pressure from rising rates, restrictions on China chip manufacturers, and comments from JPMorgan CEO Jamie Dimon. Loup’s Gene Munster discusses the outlook for the sector. And, the Bank of England is exploring the possibility of extending its emergency bond buying program beyond this Friday’s deadline. Northman Trader’s Sven Henrich and Fairlead Strategies’ Katie Stockton break down what this means for the global economy.
JPMorgan’s Jamie Dimon Says a U.S. Recession in 6 to 9 Months is Likely. 10/11/22
In a CNBC exclusive, our Julianna Tatelbaum sits down with JPMorgan Chase CEO Jamie Dimon to discuss the future of the global enconomy. Dimon warns that the U.S. economy is likely to fall into a recession due to several factors, including inflation, the effects of quantitative tightening by the Federal Reserve, and the War in Ukraine. Bleakley Advisory Group’s Peter Boockvar and Hennessy Funds’ Josh Wein discuss what this means for the markets today.
Chip Stocks Are Down, Energy Stocks Are Up Ahead of a New Trading Week. 10/10/22
Shares of China-based semiconductor makers are getting hit hard in overseas trading on the back of the announcement by the Biden administration of new export rules on chips. Longview Global’s Dewardric McNeal gives the latest. Plus, stocks in the energy sector are surging on the heels of OPEC+’s decision to cut production by 2 million barrels a day. CFRA’s Stewart Glickman explains where to invest. And, the major averages are posting their first positive week in the past four. Principal Asset Management’s Kamal Bhatia, JPMorgan’s Jason Hunter, and Pivotal Advisors’ Tiffany McGhee discuss the trading week ahead.
Wall Street is Divided on What Today’s Employment Report Will Say. 10/07/22
The September jobs report is out today, with investors waiting to see how the numbers will impact the Fed’s view of inflation. Adecco’s Amy Glaser gives her thoughts on the employment landscape. Plus, the benchmark 10 Year yield is coming off a wild few days of trading. TD Securities’ Priya Misra breaks down what this means for markets. And, stocks look to close out yet another volatile week. Pitcairn’s H.F. “Rick” Pitcairn and Veritas Financial Group’s Greg Branch discuss how to invest.
OPEC’s Dramatic Cut, Target Deal Days, and Another Stock Market Slump? 10/06/22
Investors, traders, and consumers are still digesting yesterday’s decision by OPEC and its allies to slash output by 2 million barrels per day. Husseini Energy’s Sadad Al-Husseini breaks down the outlook for energy. Plus, Target kicks off its early holiday bargains today in an effort to remove excess inventory. Former Target Vice Chairman Gerald Stoch weighs in on what this means for retail. And, will stocks continue yesterday’s slump, or can they bounce back to gains made earlier this week? Chantico Global’s Gina Sanchez and Oppenheimer Asset Management’s John Stoltzfus give their take.
OPEC+’s Historic Meeting, Twitter’s Revived Deal, and Another Stock Market Rally? 10/5/22
OPEC+ is set to hold its first in-person session in roughly two years, where the group is expected to dramatically slash product amid a dramatic pullback in crude prices in recent months. RBC Capital Markets’ Helima Croft brings the latest from Vienna. Plus, shares of Twitter are surging after Elon Musk’s surprise decision to reverse course and revive his deal to buy Twitter. The Wall Street Journal’s Tim Higgins explains what to expect. And, can stocks maintain their winning streak following a two-day rally? New Street Advisors Group’s Delano Saporu, Bryn Mawr Trust’s Jeff Mills, and Infracap’s Jay Hatfield weigh in.
Why Oil Prices Are Edging Up Higher Today. 10/04/22
Oil prices are edging up today on the expectation that OPEC+ may agree to a massive production cut. Rystad Energy’s Jorge Leon gives the latest. Plus, where are the best places to invest in the market right now? Market Rebellion’s Jon Najarian weighs in. And, stocks are indicating a higher open after yesterday’s broad based rally. Baird’s Ross Mayfield and Gilman Hill Asset Management’s Jenny Harrington break down the markets.
What’s Ahead for the New Month and Quarter of Trading. 10/03/22
The dollar is holding near the flat line today after coming off its best quarter since 2016. Kyriba’s Wolfgang Koester discusses the strong dollar’s impact on multinational companies. Plus, Liz Truss is planning to cut taxes for the UK’s highest earners following backlash from members of parliament. Moody’s Analytics’ Mark Zandi gives the latest. And, recent data from Goldman Sachs suggests a stock market sell-off into 2023 is likely inevitable at this point. Miller Tabak’s Matt Maley, LPL Financial’s Quincy Krosby, and KKM Financial’s Jeff Kilburg preview the new quarter of trading.
UK Leaders Are Rushing to Save the Economy, But Will Their Strategies Work? 9/30/22
UK Prime Minister Liz Truss is expected to meet with the head of Britain’s fiscal watchdog after failing to quell the panic over the future of the economy. Former Bank of England member Martin Weale gives his thoughts. Plus, Nike shares are plunging after describing its overflowing inventory during yesterday’s first quarter earnings call. SW Retail Advisors’ Stacey Widlitz explains the state of retail. And, stocks are set to limp to the finish line after what has been another tough week for investors. Palumbo Wealth Management’s Phil Palumbo and Evans May Wealth’s Lizzie Evans discuss how to position your portfolio.
Big Moves in the Bond Market for the U.S. and the U.K. 9/29/22
Stocks surged on Wednesday after the benchmark 10-year Treasury note saw its steepest one-day drop since 2009. JPMorgan’s Jason Hunter explains what this means for fixed income. Plus, oil prices are pulling back today after gaining more than $3 a barrel in yesterday’s session. TD Securities’ Bart Melek discusses the impact of the dollar index on oil. And, with stocks putting a stop to their most recent skid, what’s in store for the trading day ahead? Blanke Schein Wealth Management’s Robert Schein and Decatur Capital’s Degas Wright weigh in.
U.S. Stock Futures Are Pointing to More Losses at the Open. 9/28/22
Stocks are gearing up for another potentially rough trading day. Market Rebellion’s Jon Najarian discusses where options action is taking shape. Plus, Federal Reserve officials are striking hawkish tones, with many calling for more rate hikes. UBS’ Mark Haefele explains the outlook. And, is a global recession inevitable at this point? Horizon Investments’ Scott Ladner weighs in.
Why Home Prices Are Slowing and Apartment Rents Are Dropping. 9/27/22
Home prices in July are expected to have slowed, with the surge in mortgage rates forcing the housing market to cool significantly. Cortland’s Brad Dillman explains the outlook. Plus, the British pound is rebounding after hitting a fresh, all-time low against the dollar. High Frequency Economics’ Rubeela Farooqi discusses the impact on a potential global recession. And, markets are looking to bounce back after a rough batch of trading sessions. Van Lanschot Kempen’s Anneka Treon and Aureus Asset Management’s Kari Firestone preview the trading day ahead.
Here’s What’s in Store for Washington, D.C. This Week. 9/26/22
It’s a busy week on deck for lawmakers in Washington, with Senate democrats set to move forward on a short-term funding bill extending current funding levels until mid-December and avoiding a government shutdown. Stifel’s Brian Gardner gives the latest. Plus, the tech sector is coming off its worst two-week stretch since the beginning of the pandemic. Clockwise Capital’s James Cakmak discusses tech’s rough ride. And, brent crude has fallen below $85 a barrel early this morning due to a surging U.S. dollar and continued global recession fears. Kpler’s Viktor Katona explains the impact.
Markets Are Lower Across the Board. This is How to Play It. 9/23/22
House Republicans are set to lay out their agenda if the party is able to retake control of Congress, with just about a month and a half until the midterm elections. American Enterprise Institute’s Jimmy Pethokoukis breaks down the latest. Plus, a pending deal between Investindustrial and Eataly is in the works, with the private equity firm planning on purchasing a 52% stake in the restaurant company. Investindustrial Chairman Andrea Bonomi explains the investment. And, markets are lower across the board. Tandem Wealth’s Chuck Self and Pivotal Advisors’ Tiffany McGhee discuss how to play it.
G7 Foreign Ministers Respond to Putin’s Military Mobilization of Russia. 9/22/22
In the wake of Vladimir Putin’s decision to initiate Russia’s first military mobilization since WWII, G7 foreign ministers have announced that they will pursue more sanctions against Moscow. Oliver Wyman’s Daniel Tannenbaum gives the latest. Plus, after 99 straight days of falling prices, the nationwide average for gasoline ticked up by a penny yesterday to $3.68 a gallon. OPIS’ Denton Cinquegrana discusses the implications. And, following the Fed’s third straight 75 basis point rate hike, is there more pain to come for the economy? Former Morgan Stanley Asia Chairman Stephen Roach weighs in.
Wall Street is Bracing Itself for the Big Fed Decision Today. 9/21/22
Investors are gearing up for Fed Chairman Jay Powell and the Federal Reserve’s latest policy decision today. Wells Fargo’s Sarah House and TD Securities’ Priya Misra break down what to expect. Plus, in a rare national address, Russian president Vladimir Putin has announced a partial mobilization of his country’s military this morning. RBC Capital Markets’ Helima Croft gives the latest. And, September is living up to its reputation of underwhelming returns, with all three indices down more than 2% this month. Piper Sandler’s Craig Johnson and Rose Advisors’ Patrick Fruzzetti discuss the markets.
Investors Are Expecting Another 75bps Rate Hike This Week. Are They Right? 9/20/22
As the Federal Reserve kicks off its two-day policy meeting today, investors are overwhelmingly expecting a third 75 basis point interest rate hike. Apex Financial’s Lee Baker gives his thoughts. Plus, tech and growth shares have been taking the biggest hit in recent days, with the Nasdaq down more than 2% this month. Evercore’s Mark Mahaney dives into the tech trade. And, China is keeping its benchmark lending rates unchanged today, even as the Fed and other central banks are tightening their policies. The China Beige Book’s Shehzad Qazi explains what this means for the rest of the world.
Wall Street Awaits Another Big Decision from the Fed. 9/19/22
Markets are pricing in an 80% chance that the Fed will hike rates by 75 basis points for a third straight time. Bleakley Advisory Group’s Peter Boockvar explains what to expect from tomorrow’s meeting. Plus, amid the tech sell-off, are there any investment opportunities left in the sector? Neuberger Berman’s Daniel Flax weighs in. And, world leaders are gathering for the Queen’s funeral in Westminster Abbey. CNBC’s Steve Sedgwick and Tania Bryer give the latest.
Shares of This Company Are Tumbling – And it’s Not in Big Tech. 9/16/22
Shares of FedEx are tumbling after the company missed forecasts and pulled its guidance for the fiscal year. Deutsche Bank’s Amit Mehrotra gives his thoughts on the company’s outlook. Plus, the real estate sector is off more than 22% from its most recent 52-week high back in December. Piper Sandler’s Alexander Goldfarb breaks down which names have been hit the hardest. And, the new iPhone 14 hits stores today, just days after the hotter-than-expected August CPI print. Big Technology’s Alex Kantrowitz weighs in on the consumer backdrop.
What to Expect from Putin and Xi’s Meeting Today. 9/15/22
Russian President Vladimir Putin and Chinese President Xi Jinping are set to meet later today at a regional summit in Uzbekistan. Atlantic Council CEO President breaks down what to expect. Plus, negotiators have less than 19 hours before rail workers could strike for the first time since 1992. CNBC reporter Ylan Mui gives the latest. And, yesterday’s chopping trading session saw the major averages climb out of the red. Main Street Asset Management CIO Erin Gibbs explains her thoughts on the markets.
These Six Tech Companies Lost More Than $500 Billion in Market Value Yesterday. 9/14/22
The six largest U.S. tech companies lost more than $500 billion in market value yesterday. Arete Research Co-Founder Richard Kramer discusses what this means for the sector outlook. Plus, ahead of the long awaited Ethereum Network upgrade, Ether is seeing its worst day since late August. CNBC tech reporter Mackenzie Sigalos and JMP Securities analyst Devin Ryan explain what’s to come. And, following a hotter-than-expected than expected CPI report, markets are experiencing a major sell-off. Hodges Capital Management CIO Craig Hodges and FAIRLEAD Strategies Founder Katie Stockton make sense of the market action.
Here’s What to Expect from Today’s CPI Number. 9/13/22
Twitter shareholders are reportedly voting in favor of Elon Musk’s $44 billion takeover bid today. Former SEC commissioner Sarah Unger discusses what’s to come. Plus, economists are expecting price gains to slow to 8% year-on-year in the August CPI report out this morning. Former Federal Reserve Vice Chairman Roger Ferguson gives his thoughts. And, traders are pricing in a 92% chance that the Fed will hike rates by 75 basis points for a third straight meeting next week. Potomac Wealth Advisors President Mark Avallone and Truist Advisory Services Co-CIO Keith Lerner kick off the trading day.
The Outlook for Tech’s Fight to Rebound. 9/12/22
The tech-heavy Nasdaq is up 4%, breaking its 3-week losing streak. But is this enough to call it a rebound? Laffer Tengler Investments CEO Nancy Tengler weighs in. Plus, oil prices are falling, with global demand overshadowed by COVID restrictions in China and the prospect of more rate hikes in the U.S. and Europe. Warwick Investment Group CEO Kate Richard explains what this means for the energy outlook. And, futures are pointing to a higher open ahead of tomorrow’s August CPI report. Medley Global Advisors Managing Director Ben Emons and Horizon Investments Head of Portfolio Management Zach Hill preview the trading week ahead.
Remembering Queen Elizabeth II. 9/09/22
Today, a nation mourns the loss of Queen Elizabeth II. London School of Economics professor Luftey Siddiqi discusses what her passing means for the U.K. economy. Plus, September, a month notorious for being bad for equities, is looking to close out a week with gains across the board. RBC Capital Markets strategist Amy Wu Silverman explains her investment strategy. And, the NFL is undergoing several changes this season, from the expansion of sports betting to more ways to watch the game. WashU at St. Louis' Patrick Rishe previews the season ahead.
More Companies Are Requiring Workers to Return to the Office. What Are the Implications? 9/08/22
It’s been nearly three years since the launch of Disney+, and to mark the occasion, Disney is calling today “Disney Plus Day.” Axios Media Reporter Sara Fischer explains the expected releases today. Plus, with more companies requiring workers to return to the office, what does that mean for commercial real estate? CBRE’s Spencer Levy weighs in. Also being discussed on Wall Street are Apple’s new product upgrades. Tigress Financial Partners CIO Ivan Feinseth breaks down how the stock is trading. And, markets are putting a stop to their most recent slide on Wednesday. Lux Capital Partner Deena Shakir, Chantico Global CEO Gina Sanchez, and Sarian Strategic Partners CEO Greg Sarian talk broader markets.
What to Expect from Apple’s Product Launch Today. 9/07/22
Apple is set to announce a new iPhone at the company’s first in-person product launch today. Cowen Managing Director Krish Sankar and Big Technology Founder Alex Kantrowitz break down what to expect. Plus, Vladimir Putin says Germany and Western sanctions are to blame for the shutdown of the Nord Stream 1 Pipeline. Oxford Economics Senior Economist Daniel Kral gives the latest. And, two areas of the market getting hit hard in recent days are tech and high-yield bonds. New Street Advisors Group’s Delano Saporu, RBC Global Asset Management’s Andrzej Skiba, and Bleakley Financial Group’s Peter Boockvar explain why.
What Russia’s Scrapped Nord Stream Pipeline Plans Means for Europe. 9/06/22
Russia scrapped its plans to resume natural gas flows to Europe via the Nord Stream Pipeline over the weekend after saying it discovered a leak. Wood Mackenzie Global Gas Market Analyst Kateryna Filippenko discusses the latest developments. Plus, retail companies are turning their attention from back-to-school and the return to the office spending to the holiday season. Telsey Advisory Group CEO Dana Telsey weighs in on the biggest headwinds for retailers. And, stocks are trying to put last week’s losing streak in the rearview mirror. Advisors Capital Management CIO Chuck Lieberman and Defiance ETFs CEO Sylvia Jablonski preview the trading day ahead.
Investors Are Bracing for This Morning’s Monthly Jobs Report. 9/02/22
Ahead of the August Jobs Report due this morning, economics are looking for the labor market to cool significantly. ZipRecruiter Chief Economist Julia Pollak breaks down key metrics to watch. Plus, Russia appears set to resume gas supplies to Europe through the Nord Stream Pipeline following a three day shutdown for maintenance. Saxo Bank Head of Commodity Strategy Ole Hansen discusses what this means for Europe. And, the streaming wars continue, with Amazon Prime and HBO Max at front and center. Fast Company CEO Stephanie Mehta gives her thoughts on the outlook.
Workers Are Divided About Return-to-Office Orders. 9/01/22
Companies are now pushing to bring their workers back to the office after the Labor Day holiday weekend. Just Capital Chief Strategy Officer Alison Omens breaks down how people are responding. Plus, shares of AMD and Nvidia are under pressure after both companies confirmed that U.S. officials have ordered them to cease exporting AI chips to China. GlobalData Head of Thematic Intelligence Cyrus Mewawalla and MSA Capital Managing Partner Ben Harburg discuss the global implications. And, stocks are looking to kick off a new trading month in the red. Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus and Charles Schwab Chief Global Investment Strategist Jeffrey Kleintop dive into the trading day ahead.
What Soaring Energy Costs Mean for U.K. Pubs. 8/30/22
A letter out this morning from six U.K. pub leaders warns of business closures due to soaring energy costs. British Beer and Pub Association Director of Strategy & Policy Andy Tighe breaks down what this means for the industry. Plus, the U.S. continues to watch the price of natural gas at home and overseas. Goldman Sachs Head of Commodities Research Jeff Currie discusses the energy outlook. And, with the S&P 500 down more than 15% this year, what does this mean for markets? Grace Capital CEO Cate Faddis and Decatur Capital CEO Degas Wright weigh in.
Why Investor Sentiment is Turning More Bearish. 8/29/22
Investor sentiment is turning more bearish by the day, with net short positions against S&P 500 futures at their highest levels since 2020. Piper Sandler Chief Market Technician Craig Johnson and Hennessy Funds Portfolio Manager Josh Wein lay out the trading week ahead. Plus, Gazprom will shut down the Nord Stream 1 pipeline for three days starting Wednesday. Husseini Energy President Sadad Al-Husseini discusses the European energy crisis. And, Taiwan says a legislative commission from its government will visit Washington, DC next month to boost bilateral ties. Longview Global Managing Director Dewardric McNeal dives into what this means for investors.
The Fed Kicks Off Its Jackson Hole Meeting Today. Here’s What to Expect. 8/25/22
The Federal Reserve is kicking off its three-day Jackson Hole Economic Symposium today. Wells Fargo’s Sarah House and TD Securities’ Priya Misra dive into what investors should expect. Plus, Peloton shares are climbing on news of the company’s partnership with Amazon. Piper Sandler’s Edward Yruma discusses what’s in store for Pelton’s earnings report today. And, European natural gas prices have been trading at or near new record highs in recent days. Rystad Energy’s Fabian Rønningen gives his take on how this is impacting the markets.
Worldwide Exchange 8/24/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
The Race to Secure Enough Energy for Winter 8/23/22
Germany and other countries are racing to secure enough energy supplies for the winter, with Russia saying it will shut down the Nord Stream 1 pipeline for three more days. RBC Capital Markets' Biraj Borkhataria dives into the energy crisis. Plus, is a major financial inevitable for Europe given where global markets stand right now? Hayman Capital's Kyle Bass weighs in. And, the Fed's highly anticipated Jackson Hole meeting is continuing to serve as a key driver for these markets. Diamond Hill's Heather Brilliant discusses the trading day ahead.
What A Possible European Recession Means for the U.S. 8/22/22
The outlook for Europe is looking bleak, with recessionary concerns rising across the eurozone. ING Bank’s Carsten Brzeski discusses what’s to come. Plus, shares of Apple have had a great run lately ahead of new product rollouts in the next few months. Neuberger Berman’s Daniel Flax gives his thoughts on the stock. And, markets may be in a wait-and-see mode as Wall Street awaits the main event this week: Jay Powell’s speech in Jackson Hole on Friday. Baird’s Ross Mayfield and Sanctuary Wealth’s Jeff Kilburg break down the trading week ahead.
What Divisions Within the Federal Reserve Mean for Markets 8/19/22
While gasoline still about 70 cents a gallon higher than it was this time last year, it has come down a lot in the past few months. Wood Mackenzie’s Gas Director Suzanne Danforth dives into what’s driving gas prices. Plus, on the heels of the Inflation Reduction Act and CHIPS Act, what is the future for the semiconductor industry? Navitas CEO Gene Sheridan makes the case for using gallium nitride over silicon. And, the Fed’s decisions over how fast and high to raise rates is revealing divisions within the central bank. Decatur Capital’s Degas Wright and Crossmark Global Investments’ Victoria Fernandez discuss what this means for the trading day ahead.
Are Treasuries Being Too Cautious or Are Equities Being Too Optimistic? 8/18/22
Oil prices are holding steady today as trades deal with falling stockpiles in the U.S., increasing production from Russia, and the ongoing worries about a possible global recession. King Operating Corp CEO Jay Young discusses the outlook for these market dynamics. Plus, the Fed expects to continue hiking interest rates until inflation cools, according to its July meeting minutes. Washington Crossing Advisors’ Kevin Caron breaks down what that means for the economy. And, how confident should investors be as equities continue to rally? Steward Partners Global Advisory’s Eric Beiley weighs in.
Worldwide Exchange AUG. 17, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Walmart and Home Depot Lead the Retail Earnings Week Ahead 8/16/22
The big retailers take center stage this week, with Walmart and Home Depot out before the opening bell today. R5 CEO Scott Mushkin dives into what to expect. Plus, the U.S. Housing Index is down for its eighth straight month as homebuilder confidence continues to decline. CenterSquare Asset Management’s Uma Moriarty breaks down why. And, stocks look to continue their rally, with all three indices finishing higher by about half a percent yesterday. Pitcairn CIO Rick Pitcairn and Oppenheimer Asset Management Chief Investment Strategist John Stoltzfus preview the trading day ahead.
Will the Inflation Reduction Act Actually Reduce Inflation? 8/15/22
President Biden is expected to sign the Inflation Reduction Act this week even though many non-partisan analyses suggest it won’t do anything to actually reduce inflation. Raymond James analyst Ed Mills gives his thoughts on the bill. Plus, what does the Inflation bill mean for renewable energy? Pickering Energy Partners CIO Dan Pickering and CNBC’s Michael Wayland weigh in. And, a growing number of investors are sounding optimistic that stocks may have found a bottom from bear market lows. Silvercrest Asset Management’s Robert Teeter and Vertias Financial Group’s Greg Branch discuss the trading day ahead.
As Stocks Look to Close Out a Positive Week, How Should You Invest? 8/12/22
The House of Representatives is set to pass the Inflation Reduction Act today, clearing the final hurdle before President Biden can sign the $430 billion climate, tax, and healthcare bill into law. Stifel Chief Washington Policy Strategist Brian Gardner discusses what’s to come. Plus, shares of Rivian are lower after the company called for steeper losses for the year, citing supply chain issues and rising costs. Wall Street Journal reporter Tim Higgins gives the latest. And, stocks are looking to close out a largely positive week. Howard Capital Management CEO Vance Howard and Main Street Asset Management CIO Erin Gibbs break down their investment strategies.
Will Lower Gas Prices Be Short Lived? 8/11/22
Gas prices have been on a downward trajectory after peaking above an average of $5 a gallon nationwide, but with the heart of hurricane season still ahead, will these lower prices be short-lived? Oil Price Information Service Chief Oil Analyst Denton Cinquegrana weighs in. Plus, shares of Disney are up big in the premarket after topping analyst estimates for its most recent quarter. CFRA Director of Equity Research Ken Leon explains what this means for the company’s outlook. And, the Nasdaq exited the longer bear market since 2008 yesterday. RDM Financial Group CEO Michael Sheldon and G Squared Private Wealth CIO Victoria Greene discuss the trading day ahead.
Worldwide Exchange 8/10/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global bu siness conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and l ive international market action.
With Rising Prices Eating into Household Budgets, Will Travel Drop Off? 8/9/22
After two years where most people didn’t go anywhere during the pandemic, summer travel has been a boom. But with rising prices eating into household budgets, will travel drop off? Jefferies Managing Director David Katz weighs in. Plus, President Biden will sign the Chips and Science Act into law today. American Enterprise Institute analyst James Pethokoukis dives into what this means for Washington. And, demand destruction and consumer spending shifts are getting a bit more real this morning amid some very rough guidance from nearly a dozen companies out with earnings yesterday. Miller Tabak Chief Market Strategist Matt Maley and Defiance EFTs CEO Sylvia Jablonski discuss where to put your money.
With Two Key Inflation Reads This Week, What is Wall Street Watching? AUG. 06, 2022
China’s military has announced a fresh round of drills overnight in areas around Taiwan just one day after its largest ever military exercises had been scheduled to end. Oliver Wyman’s Head of Risk and Public Policy Daniel Tannebaum discusses what this means for investors. Plus, despite continued concerns that the economy is heading for a recession, the labor market appears to be stronger than ever. Indeed’s AnnElizabeth Konkel breaks down trends in the market. And, with two key inflation reads this week, what is Wall Street watching? Medley Global Advisors’ Ben Emons and Pivotal Advisors’ Tiffany McGhee weigh in.
What These Key Employment Numbers Mean for the Economy AUG. 05, 2022
It’s Jobs Friday, which means today is all about employment. The July Non-Farm Payroll numbers will be out today, with job growth expected to slow as the Fed continues hiking rates in an effort to reduce inflation. Apex Financial President Lee Baker gives his thoughts on what to expect. Plus, one area of the labor market experiencing major hiring headwinds is tech, as Alphabet, Amazon, Apple, Microsoft, and Spotify tapping the brakes on hiring. ZipRecruiter Chief Economist Julia Pollak explains what this means for the broader U.S. economy. And, what is the job market saying about a possible recession? Ally Invest Chief Strategist Lindsey Bell weighs in.
Cybersecurity Hackers, the Diabetes Crisis, Inflation Outlook AUG. 04, 2022
In the cybersecurity space, hackers have been able to target and steal an estimated $5.2 million in crypto assets from the Solana ecosystem in the last 36 hours, affecting some 7,900 wallets. ZeroFox CEO James Foster gives his thoughts on the story. Plus, as the diabetes crisis grows, Novo Nordisk is trying to help. CEO Lars Jorgensen discusses the company’s earnings. And, treasuries have seen a rapid rise this year. Envestnet’s Dana D’Auria and Charles Schwab’s Jeff Kleintop dive into the inflation outlook.
Worldwide Exchange AUG. 03, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
As Most Stay-at-Home Stocks Tick Lower, This One Name is Seeing Major Gains. Aug. 02, 2022
Shares of Pinterest are soaring ahead of the opening bell despite reporting a miss on the top and bottom lines for Q2. UBS analyst Lloyd Walmsley discusses how the company is trying to buck the trend of other stay-at-home plays that have been hard this year. Plus, Senate Democrats are waiting for a ruling on whether they can override normal rules to pass a $430 billion tax, drugs, and energy bill. BTIG Director of Policy Research Isaac Boltansky explains Washington, D.C.’s road ahead. And, markets are pointing to back-to-back losses for the major averages to start the month. Grace Capital Founder Cate Faddis and Truist Co-Chief Investment Officer Keith Lerner give their thoughts on the trading day ahead.
Wall Street Kicks Off the New Trading Month. How Are Stocks Performing? Aug. 01, 2022
Starting today, EU member states are beginning their voluntary demand or consumption reduction of natural gas by 15%. Eurasia Group President Ian Bremmer gives his take on energy security in Europe. Plus, though the Nasdaq is down more than 20% this year, many investors still believe the tech sector will continue to push higher. Arete Research Managing Partner Richard Kramer explains why. And, stocks are looking to keep July’s momentum going as Wall Street kicks off the new trading month. Chantico Global CEO Gina Sanchez breaks down the trading week ahead.
What’s Driving This Week of Gains? July 29, 2022
Amazon and Apple shares are up at both companies beat Wall Street expectations after the bell yesterday. Third Bridge’s Scott Kessler and CFRA’s Arun Sundaram give their thoughts on what this means for the tech sector. Plus, the busiest week of earnings season wraps up today with Q2 results from Chevron and Exxon Mobil. Barclays’ Jeanine Wai discusses what to expect. And, the markets are poised to lock in a second straight week of gains. Pictet Asset Management’s Luca Paolini and Evans May Wealth’s Elizabeth Evans explain why.
Following Yesterday’s Nasdaq Rally, Tech Earnings Today Are in Focus. July 28, 2022
Shares of Meta platforms are lower ahead of the open after the company reported its first ever year-on-year revenue decline. Jefferies’ Jared Weisfeld breaks down what this means for Amazon and Apple reports later today. Plus, shares of Etsy are surging after the online marketplace operator reported better-than-expected Q2 results. Jane Hali & Associates’ Jessica Ramirez dives into what this means for the retail sector. And, President Biden and Chinese President Xi Jinping are set to speak later today, marking the first time the pair have spoken since March. Longview Global’s Dewardric McNeal breaks down what to expect.
Worldwide Exchange July 27, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Why Walmart and Today’s Fed Meeting Are Impacting the Markets. 7/26/22
The Fed is kicking off its latest two-day policy meeting today with Wall Street expecting a second straight 75 basis point rate hike. Former Federal Reserve Vice Chairman Roger Ferguson discusses what to expect. Plus, shares of Walmart are tumbling after the company cut its quarterly and full-year profit guidance. SW Retail Advisors’ Stacey Widlitz gives her thoughts. And, the markets are coming under pressure as investors await earnings from several heavyweights today, including Alphabet and Microsoft. Morgan Creek Capital’s Mark Yusko, Silvercrest Asset Management’s Robert Teeter, and Main Street Asset Management’s Erin Gibbs break down the trading day ahead.
What to Expect from the Upcoming Busiest Week of Corporate Earnings. 7/25/22
The upcoming week is set to be the busiest of the corporate earnings season, with more than 150 S&P 500 names set to report, including the Big Tech heavy hitters: Apple, Alphabet, Meta Platforms, and Microsoft. Richard Kramer of Arete Research dives into the current state of the tech sector. Plus, COVID cases are rising again, this time in Massachusetts. Emergency physician Dr. Michael Daignault explains the latest. And, a summer rebound in stocks is sparking hopes that the bear market may have found a bottom. Anneka Treon of Kempen and Scott Ladner of Horizon Investments discuss today’s markets.
What Snap’s Plunge Means for Social Media Stocks. 7/22/22
Shares of Snap are sinking after the company missed second quarter top and bottom line estimates. Nancy Tengler of Laffer Tengler Investments and Alex Kantrowitz of Big Technology discuss the stock’s future. Plus, stocks are looking to cap what has been a solid week of gains. Mark Avallone of Pontac Wealth Advisors dives into the action within the markets. And, what’s in store for the trading day ahead? Tiffany McGhee of Pivotal Advisors weighs in.
Why a Meaningful Recovery Rally May Be on the Horizon. 7/21/22
Shares of Tesla are taking a bumpy ride ahead of the open after reporting a 57% jump in adjusted earnings and a 42% jump in sales from a year ago. Philippe Houchois of Jefferies gives his thoughts on the stock. Plus, gas flows are resuming through the Nord Stream 1 Pipeline after being offline for more than a week for scheduled maintenance. Jeff Currie of Goldman Sachs breaks down the latest. And, there may be some technical evidence for a meaningful recovery rally. Craig Johnson of Piper Sandler explains why.
Netflix Shares Popping, Nord Stream 1 Pipeline Opening, Major Indexes Gaining. 7/20/22
Shares of Netflix are popping ahead of the open after overcoming an extremely low bar. Sara Fischer of Axios and James Cakmak of Clockwise Capital share their thoughts on the company’s Q2 earnings. Plus, the clock is ticking on the restart of the Nord Stream 1 pipeline, which has been down for the past 9 days for scheduled maintenance. Kayrros Co-Founder Antoine Halff and EQT CEO Toby Rice give the latest. And, markets are looking to build on Tuesday’s solid turnaround with all three indexes logging their biggest one day point and percentage gains in about a month. Delano Saporu of New Street Advisors Group and Heather Brilliant of Diamond Hill discuss the trading day ahead.
With Chip Stocks Gaining Steam as of Late, is Now the Time to Buy? 7/19/22
Chip stocks are gaining steam as of late, with names like Nvidia, Intel, and Advanced Micro climbing between 4% and 7% in just this week alone. Is now the time to buy some of the key names in the sector? Matt Bryson of Wedbush Securities weighs in. Plus, Netflix is reporting its second quarter after the close today. CNBC reporter Alex Sherman breaks down what to expect. And Bank of America CEO Brian Moynihan says the Fed is aggressively hiking rates to slow the U.S. economy. Seema Shah of Principal Global Investors and Ivory Johnson of Delancey Wealth Management explain what this means for markets this week.
Biden’s Oil Fail, the Farnborough International Airshow, Big Bank Earnings. 7/18/22
As expected, President Biden’s trip to Saudi Arabia has failed to secure a pledge to boost oil production in order to help bring down inflation. Bjarne Schieldrop of SEB discusses the steps oil producers are taking in terms of supply. Plus, for the first time in four years, aviation and defense industry leaders are meeting in the U.K. for the Farnborough International Airshow. CNBC’s Phil Lebeau speaks with Raytheon Technologies CEO Greg Hayes about his expectations for travel demand. And, earnings season rolls on with Goldman Sachs and Bank of America set to report this morning. David Konrad of KBW gives his thoughts.
Do These Recent Deals in Oil and Gas Signal a Positive Energy Outlook? 7/15/22
A major deal in American oil and gas was announced yesterday: ConocoPhillips is buying 30% of Sempra Energy’s Port Arthur, Texas LNG plant. Former U.S. Secretary of Energy Dan Brouillette discusses his role as one of the key architects of this deal. Plus, Wall Street is expecting earnings from Citigroup and Wells Fargo today follow yesterday’s worse-than-expected numbers from JPMorgan Chase and Morgan Stanley. Stephen Biggar of Argus Research breaks down what to expect. And, President Biden is currently meeting with Mohammad bin Salman in Saudi Arabia to talk oil and energy. Helima Croft of RBC Capital Markets explains the importance of this meeting.
Bank Earnings Kick Off Today as Inflationary Concerns Worsen. 7/14/22
Earnings kick off today with JPMorgan Chase and Morgan Stanley stepping up to the plate first. Ken Leon of CFRA gives insight on what Wall Street is expecting. Plus, President Biden is continuing his Middle East trip as he meets with Israel’s prime minister this morning. Jimmy Pethokoukis of the American Enterprise Institute discusses the meeting’s implications on high gas prices at home. And, the inversion of the 2 Year/10 Year spread could be a huge recession signal for investors. Brian Levitt of Invesco and Sylvia Jablonski of Defiance ETFs break down what this could mean for the overall markets.
The Global Economic Impact of Euro-Dollar Parity; How Sky-High Inflation is Affecting Restaurant Operators; Germany Faces A “Gas Cliff” if Russia Holds Back Supplies. 7/13/22
RBC’s Elsa Lignos discusses the broader impact of the euro trading at or below parity with the dollar on developing and emerging market economies. Plus, Tommy Hall, who manages several high-end restaurants throughout the country, talks about how high prices are affecting business and whether that’s getting passed on to customers. And, Eric Heymann of Deutsche Bank Research lays out several scenarios for if and when Russian resumes flows of natural gas to Europe, including the potential for rationing this winter.
WeFox CEO on the Company’s Successful Post-Money Valuation Boost. 7/12/22
Private capital from venture investors may be harder and harder to come by these days, but that doesn’t mean there aren’t a few hot sectors ripe for new cash. WeFox Co-Founder and CEO Julian Teicke dives into the company’s successful post-money valuation boost. Plus, when it comes to the growing energy crisis in Europe, what are the potential spillover effects to the rest of the world? Samantha Dart of Goldman Sachs weighs in. And, stock futures are pointing to a weak open as investors await key corporate earnings later this week, along with June CPI data out tomorrow. Mark Howard of BNP Paribas and Greg Sarian of Sarian Strategic Partners preview the trading day ahead.
Musk’s Twitter Battle, Amazon & Target Day Deals, Major Market Moves 7/11/22
According to a letter sent by his legal team on Friday, Elon Musk is looking to terminate his $44 billion deal to buy Twitter. Daniel Flax of Neuberger Berman discusses the latest. Plus, Amazon Prime Day and Target Deal Days are expected to offer competitive price reductions, but will they be enough to remedy the unstable state of the consumer? Stacey Widlitz of SW Retail Advisors weighs in. And, a break to the S&P 500 or Nasdaq may tell us where we’re headed in the near term. Matt Maley of Miller Tabak and Greg Branch of Veritas Financial Group break down the biggest pre-market moves.
Of Concern Today: Natural Gas Futures, the PPP, and the June Jobs Report JULY 8, 2022
Natural gas futures in Europe are trading at $50 or more right now with no sign of coming down. Per Magnus Nysveen of Rystad Energy dives into the imminent pressure European countries are feeling to fill up their storage tanks ahead of winter. Plus, a new report by the St. Louis Fed says that the Paycheck Protection Program (PPP) was “not well-targeted.” Jimmy Pethokoukis of the American Enterprise Institutes explains why. And, markets are gearing up for the release of the monthly jobs report in just a couple of hours. Gina Sanchez of Chantico Global and Simeon Hyman of ProShares Advisors talk inflation, recessionary fears, and investment strategies.
What to Watch for in Tomorrow’s June Jobs Report JULY 7, 2022
The busy week of employment data rolls on, with Initial Jobless Claims due today and the June Jobs Report due tomorrow. Daniel Zhao of Glassdoor gives his predictions for the report amid concerns of a slowing economy. Plus, since topping $122 a barrel in early June, WTI Crude has been in a steady decline, falling more than 17% to break below $100 this week. Ann Bluntzer of the TCU Energy Institute discusses the relief outlook for Americans at the gas pump. And, now that the Fed is looking to stay the course with aggressive rate hikes, is a recession imminent? Ralph Bassett of Aberdeen and Degas Wright of Decatur Capital Management weigh in.
Worldwide Exchange JULY 6, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Why Markets Are Starting the Second Half of 2022 on a Strong Note JULY 5, 2022
Bitcoin is gaining some ground today, hovering near $20K after falling below $19K at one point past year. Clara Medalie of Kaiko discusses the current state of crypto. Plus, today marks one year since Andy Jassy took over the top job at Amazon. Between the company reporting its slowest quarterly sales growth in 20 years to seeing one of its warehouses form the company’s first ever union, what does the next 12 months have in store? Rohit Kulkarni of MKM weighs in. And, markets are preparing to kick off the holiday-shortened trading week after starting the second half of 2022 off on a strong note. Kevin Simpson of Capital Wealth Planning and John Stoltzfus of Oppenheimer Asset Management tell us what to expect.
With the S&P 500 Taking its Biggest Dip Since 1970, Where Does Wall Street Go From Here? JULY 1, 2022
The once hot Buy Now, Pay Later space is facing a chill thanks to growing headwinds, with companies grappling with consumers becoming more selective with their spending due to inflation and rising borrowing costs. Zilch CEO Philip Belamant joins us to discuss why his company is defying this recent downtrend as it holds steady with a valuation of $2 billion. Plus, another area of the market that has been cut down to size is semiconductors, with AMD and Nvidia down more than 50% off their November 2021 highs. But despite Micron CEO Sanjay Mehrotra’s warning on a weak demand environment, analyst ratings on the sector remain as bullish as ever. Patrick Ho of Stifel Nicolaus gives his bull case. And, with the S&P 500 falling 20.6% in the first six months of this year, the biggest first-half decline since a 21.1% in 1970, where does Wall Street go from here? Delano Saporu of New Street Advisors and Joseph Fahmy of Zor Capital weigh in.
Markets Prepared to Close Out Worst Half Since 1970. What’s Next? JUNE 30, 2022
The vote by Spirit Airlines shareholders over a potential merger with Frontier is facing yet another delay. Former Airline CEO David Banmiller gives us his predictions for this deal, as well as for the future of airline consolidation. Plus OPEC and OPEC Plus are meeting today, with sources saying no big policy changes are expected. Louise Dickson of Rystad Energy breaks down the latest performance of oil prices. And, with markets preparing to close out its worst first half since 1970, how should Wall Street proceed? Peter Boockvar of Bleakley Financial Group, Phil Palumbo of Palumbo Wealth Management, and Amy Wu Silverman of RBC Capital Markets weigh in.
The Recession Rule Of 10; Is China Investable Again?; Top Corporate Spenders on Private Jets for Their CEOs JUNE 29, 2022
Don Rismiller of Strategas details how when the cost of gas and interest rates are both rising, the economy slows down. Plus, Sarah Lien of Eastspring Investments says China is a great investment destination again. And, Brian Sullivan reveals which companies have been spending the most on private jets for their top executives’ personal use.
This is Why Stock Futures Are Pointing to a Tuesday Turnaround JUNE 28, 2022
Shares of Robinhood spiked into the close yesterday on a report that crypto exchange FTX was exploring how to possibly buy the brokerage app. Tracy Wang of CoinDesk joins us to discuss the state of the crypto market. Plus, Nike posted better than expected sales and profit for Q4 yesterday, thanks to demand for sneakers and sportswear. Aneesha Sherman of Bernstein dives into the results. And, stock futures are pointing to a Tuesday turnaround, with stocks still tracking for their worst start to a year since 1970. Cate Faddis of Grace Capital and Jon Najarian of MarketRebellion.com give their investing strategies.
This is What to Expect from the G-7 Leaders’ Summit in Germany JUNE 27, 2022
The ongoing troubles surrounding air travel in the U.S. will potentially worsen during the 4th of July holiday weekend, with TSA screening nearly 2.5 million passengers this past Friday – the highest since just before the pandemic. Helane Becker of Cowen gives her thoughts on solutions to issues like staffing, delays, and cancellations for the summer. Plus, G-7 leaders are preparing a ban on imports of Russian gold as the G-7 Leaders’ Summit continues its second day today. Fred Kempe of Atlantic Council tells us what to expect. And, oil prices are holding steady today as investors brace for any moves against Russian oil and gas exports. Bart Melek of TD Securities discusses a possible price cap on crude exports.
Here Are Your Stock Picks to Close Out the Week. JUNE 24, 2022
Russian oil production is nearly back to pre-war and pre-sanction levels, according to Vortexa. So what does this mean for the U.S. energy supply? Energy strategist Clay Seigle weighs in. Plus, stocks are looking to add to Thursday’s gains on the back of Jay Powell’s testimony on Capitol Hill, where lawmakers pressed Powell on the central bank’s plan if the economy slows down without reducing inflation. Kiran Ganesh of UBS Global Wealth Management discusses the outlook for the markets. And, Jared Weisfeld of Jefferies and Malcolm Ethridge of CIC Wealth give us their stock picks as we close out the week.
Is the U.S. Housing Market at Risk of Another 2008-Style Crisis? JUNE 23, 2022
Mortgage applications are dropping as rates continue to increase, with rates for a 30 year fixed mortgage now up nearly 80% in the last year. Scott Lawlor of Waypoint Residential joins us to discuss the risks of another housing crisis. Plus, Energy Secretary Jennifer Granholm will speak with seven oil and gas executives this morning about why they are not refining more gasoline or producing more oil. American Petroleum Institute CEO Mike Sommers breaks down what to expect. And, investors are looking ahead to Jay Powell’s second day of testimony after he said yesterday that the battle against inflation could raise rates high enough to trigger an economic downturn. But have U.S. stock market losses only just begun? Craig Johnson of Piper Sandler weighs in.
Worldwide Exchange JUNE 22, 2022
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
The Big Debate: Is An Economic Downturn More Likely Than Not? JUNE 21, 2022
A number of factors are driving the price of natural gas through the roof for many households and corporations. But when will utility prices peak? John Bartlett of Reaves Asset Management weighs in. Plus, the debate over a coming U.S. recession is growing more intense, with Goldman Sachs and Nomura saying an economic downturn is more likely than not. John Stoltzfus of Oppenheimer Asset Management and Andrzej Skiba of RBC Global Asset Management give us their thoughts. And, it’s been a brutal few weeks for the stock markets, as investors weigh more aggressive action by the Fed. Katie Stockton of Fairlead Strategies explains why some “oversold” indicators are flashing and how we could see some temporary relief this week.
Crypto, Tech, and Retail All Seeing Declines This Week. JUNE 17, 2022
More than half of the stocks in the S&P 500 are now trading below their pre-COVID highs, according to Bespoke. Robert Teeter of Atsilver Asset Management and Kevin Caron of Washington Crossing Advisors discuss which sectors are being hit the hardest. Plus, crypto is stabilizing today after what’s been a rough week for the space, with Bitcoin down almost 30% just this week as interest rates rise and investors sell off riskier assets. Clara Medalie of Kaiko breaks down crypto’s crash. And, it’s been a rough ride for Big Tech, with the Nasdaq falling more than 4% yesterday. Mark Mahaney of Evercore ISI joins us to discuss why tech can’t catch a break.
Following the Fed’s Biggest Single Rate Increase Since 1994, What Comes Next? JUNE 16, 2022
Investors are still digesting the Federal Reserve’s biggest single rate increase since 1994, hiking by 75 basis points. Jenny Harrington of Gilman Hill Asset Management and Dana Peterson of The Conference Board discuss the short and long term implications of this decision. Plus, Jerome Powell now expects the Fed Funds Rate to increase by roughly 1.75 percentage points over the next four policy meetings to end the year with a benchmark rate above 3%. Priya Misra of TD Securities breaks down what this means for your money. And, with mortgage rates super-spiking in the last few weeks, how does this affect the real estate market and your ability to get a loan? Walt Schmidt of FNH Financial weighs in.
CEO of Top Private Equity Firm Weighs In on Market Volatility; JP Morgan’s Joyce Chang Says Brace for $6 Gas Nationwide By August; Electric Bill Sticker Shock in the Midwest JUNE 15, 2022
The head of Ares Management discusses the state of the global credit market. Plus, JP Morgan’s chair of global research, Joyce Chang, says price pressures are going to persist for some time. And, Brian Sullivan details how power customers across the Midwest are feeling the pain of higher bills, as energy costs skyrocket.
The Major Banks Are Calling for a 75 Basis Point Hike by the Fed Tomorrow. Are They Right? JUNE 14, 2022
The U.S. Dollar is holding near a 20-year high as markets brace for an even more aggressive Fed rate hike. Geoffrey Yu of BNY Mellon joins us to discuss the rise in the dollar index. Plus, the major investment banks, including JPMorgan, Goldman Sachs, Barclays, and Jefferies are all calling for the possibility of 75 basis point hike. Jon Najarian of MarketRebellion.com gives us his take. And, markets around the world are also seeing heightened volatility ahead of the Fed’s decision. Malcolm Ethridge of CIC Wealth, Ben Emons of Medley Global Advisors, and Mark Mobius of Mobius Capital Partners weigh in on what to expect.
Last Week’s CPI Report Was Hotter Than Expected. The Markets Are Not. JUNE 13, 2022
The global equity sell-off coming off the heals of Friday’s higher-than-expected May inflation report is showing price gains at their fastest pace since 1981, adding to the pressure facing Jay Powell and the Fed ahead of this week’s policy decision and questions about possible changes to its rate hike strategy. Michelle Girard of Natwest Markets joins us to discuss the future of inflation. Plus, investors are fleeing the shorter end of the U.S. bond market as they scramble to price in an even steeper path for the Fed rate hikes. Kamakshya Trivedi of Goldman Sachs gives her thoughts on the week ahead. And, tech’s continued hammering is poised to roll on after a tough week. Richard Kramer of Arete Research dives into whether a bottom could be near.
The Number Wall Street Has Been Waiting For is Due Today: May’s CPI Report. JUNE 10, 2022
Wall Street is buzzing as investors await the May CPI report, due later this morning, with price gains remaining at their highest level in 40 years. Sarah House of Wells Fargo tells us what to expect from the report. Plus, stocks in China are rising today, including tech stocks like Alibaba, Meituan, and NetEase. Brendan Ahern of KraneShares, shares what is driving the spike in these stocks. And, despite sky-high inflation, Janet Yellen says that a recession is not likely in the works. Dan Very of Palisade Capital Management gives his thoughts on the strength of the economy.
These Commodities Are Why Inflation Is So Important Now. JUNE 9, 2022
The incredible commodity run of the past year continues to roll on. Wheat, orange juice, coffee, cattle, hogs, corn, and soybeans are why the inflation story is so important now. Ed Morse of Citigroup joins us to discuss all things commodities. Plus, it's been a rough time for most sectors of the market, including the midcaps. The S&P 400 Midcap Index is down 11% this year, performing just slightly better than the S&P 500. Amy Zhang of the Alger Mid Cap Focus and Mid Cap 40 Funds makes the case for midcaps and why they're selling at a discount. And, how are the broad markets faring this week following yesterday's drop? Gina Sanchez of Chantico Global and Lido Advisors and Jon Najarian of Market Rebellion give us their takes.
The Diesel Dilemma; Democrats Unveil Plan to Tackle Inflation; Red Flags in the Housing Market? JUNE 8, 2022
Again Capital’s John Kilduff discusses the squeeze higher diesel prices are putting on the U.S. food supply and shipping network. Plus, Ylan Mui details a new plan being unveiled by a group of moderate Democrats to help ease the strain of high prices on consumers’ wallets. And, Nest Seekers chief economist Erin Sykes talks about affordability, mortgage rates and the lack of new inventory in the housing market.
After a Quiet Day on Wall Street Yesterday, Investors Await Friday’s May Inflation Report JUNE 07, 2022
Gasoline is up 90% this year, with drivers in 10 states and Washington DC paying more than $5 a gallon. Jay Young of King Operating Corp discusses the outlook of energy as more than 80 trade groups call on the Biden administration to take action. Plus, Apple made some surprises as its annual Developers Conference, as it plans to venture into the Buy Now, Pay Later space. Alex Kantrowitz of Big Technology breaks down the key takeaways from the event. And, investors are awaiting Friday’s May inflation report, as well as Janet Yellen’s two-day Capitol Hill testimony before the Senate Finance Committee. Matt Maley of Tiller Tabak and Ellen Zetner of Morgan Stanley weigh on what this means for the broader markets.
Apple Worldwide Developers Conference Today, Gasoline Up Again, Inflation Worries Grow JUNE 06, 2022
Apple prepares to kick of its annual developers conference today, where the company is expected to unveil updates to the core operating systems and its long rumored augmented reality device. Daniel Flax of Neuberger Berman gives us the rundown on what to expect from the event. Plus, according to Triple A, the current national average for regular gasoline stands at just under $4.87 a gallon, which is 59% higher compared to this time last year. OPIS Chief Oil Analyst Denton Cinquegrana joins us to discuss the future of gas prices and what’s in store for the consumer. And, the markets’ rally from the brink of a bear market faces an important test this week, as Friday’s consumer price data report may offer insight into how much more the Fed will need to do in its fight against inflation. Marc LoPresti of The Strategic Funds, Jeff Kilburg of Sanctuary Wealth, and Ivory Johnson of Delancey Wealth Management weigh in.
Unemployment Near a Record Low, Gas Prices Near a Record High 6/3/22
In a tight labor market with unemployment near a record low, people are able to push companies to offer better pay and benefits. But as economic storm clouds start to gather, will workers be able to maintain the upper hand? Rucha Vankudre of EMSI Burning Glass joins us to discuss the outlook for the labor market. Plus, oil prices are edging lower today, and the market is largely shrugging off the decision by OPEC+ to boost production targets, questioning whether the incremental move can make up for lost supply from Russia and meet growing demand. Kevin Book of Clearview Energy Partners joins us to discuss the rise in U.S. gas prices and whether consumers will have to cut back on driving or other spending. And, Lululemon reported higher than expected earnings for its first quarter yesterday. What does this mean for the broader retail sector? Jessica Ramirez of Jane Hali & Associates gives us her take.
Clear Skies or Storm Ahead? JPMorgan’s Jamie Dimon Warns of an “Economic Hurricane” 6/2/22
Sheryl Sandberg announces she is stepping down from her role as COO of Meta, a position she’s held since joining in 2008 as Mark Zuckerberg’s second-in-command. Current CGO Javier Olivan will take over Sandberg’s role this fall. Rocco Strauss of Arete Research joins us to discuss implications for the stock, which is down more than 40% this year. Plus, oil prices are pulling back ahead of a meeting by OPEC and other major producers, including Russia. Chief OPEC Correspondent and Dubai Deputy Bureau Chief for Energy Intelligence joins us to discuss expectations for today’s meeting. And, following JPMorgan CEO Jamie Dimon’s warning to investors of an economic hurricane, are clear skies even a possibility? Victoria Fernandez of Crossmark Global Investment joins us to give her take.
Worldwide Exchange 6/01/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Why President Biden says Tackling Inflation is his “Top Economic Priority” 5/31/22
President Biden says the Federal Reserve has a responsibility to control inflation and vows to not influence the bank’s decision making ahead of his meeting with Fed Chair Jay Powell at the White House today. James Pethokoukis of the American Enterprise Institute joins us to discuss why Biden has made tackling inflation his “top economic priority.” Plus, last week’s strong showing by the major indices is helping to erase some of the losses the markets have faced this month. Jon Najarian of Market Rebellion, gives his take on where the options action is within the markets. And, after the long holiday weekend, how is the trading week ahead looking? Anneka Treon of Kempen and David Katz of Matrix Asset Advisors tell us what to look at for.
Does the Start of Memorial Day Weekend Mean a Restart for the Markets? 5/27/22
It’s the start of Memorial Day Weekend, and what better way to kick off the holiday other than finding the best sales and deals? In the wake of inflation and supply chain issues, MDW might be just what retail needs to bounce back. Katie Thomas of Kearney Consumer Institute joins us to predict consumer behavior this weekend. Plus, have the markets turned a corner? What are the opportunities around the corner? TIGER 21 Founder Michael Sonnenfeldt joins us to discuss how he’s advising members of TIGER 21 to invest. And, there might be some hope in the consumer after all, as the 2nd revision of the GDP indicated that consumption was stronger than expected. So what does this mean for the trading day ahead? Stephanie Link joins us to divulge which stocks might be making a comeback.
Will These Earnings Reports Due Today Signal A Bottom? 5/26/22
Earnings from Macy’s, American Eagle Outfitters, Costco, and Gap are due today, just in time as investors recover from last week’s Target and Walmart blows. Stacey Widlitz of SW Retail Advisors joins us to discuss what to expect from these reports and whether the market is bottoming out. Plus, shares of Nvidia are lower, as the company says that sales, which beat first quarter forecasts, are expected to slow this quarter due to COVID shutdowns in China and the War in Ukraine. Matt Bryson of Wedbush Securities joins us to talk all things Nvidia, as well as the broader chip sector. And, the worry hanging over all these stocks: inflation. Minutes from the Fed’s meeting earlier this month show interest in raising rates high enough to slow economic growth deliberately to combat high prices. But what does this mean for the markets? Ben Emons of Medley Global Advisors and Degas Writing of Decatur Capital give us their takes.
Exclusive Conversation with the U.S. Commerce Secretary; Why Traditional Investor “Fear Factors” Have Been Fairly Quiet; It’s the Valuations, Not the Business Model. 5/25/22
Sara Eisen speaks with U.S. Commerce Secretary Gina Raimondo about the Biden administration’s new economic deal to counter China, and why Congress should pass legislation to boost the nation’s chip industry. Plus, Caleb Silver of Investopedia has new survey data on what is keeping investors up at night. And, Jenny Harrington of Gilman Hill Asset Management says there’s nothing fundamentally wrong with Snap and other social media stocks, it’s more that the stocks ran up too much.
Despite Yesterday’s Stock Rally, Concerns Across Multiple Sectors Remain. 5/24/22
Despite yesterday’s gains in U.S. stocks, the S&P 500 is still down more than 17% from its record high, set on January 3 earlier this year. New York Stock Exchange President Lynn Martin joins us from the World Economic Forum in Davos to discuss the state of the markets and volatility. Plus, while shares of Snapchat are sinking after CEO Evan Spiegel warned shareholders that the company will miss its own targets for revenue, shares of Zoom Video are soaring after reporting better-than-expected first quarter earnings. Jared Weisfeld of Jefferies joins us to compare these two big money movers. And, according to a new Redfin report, the monthly cost of a mortgage is up 43% from last year. Ryan Gorman of Coldwell Banker joins us to dive into the state of the housing market.
Implications of the War in Ukraine, a Possible Recession, and a 10% Stronger U.S. Dollar. 5/23/22
The World Economic Forum has returned to Davos, Switzerland for the first time since the pandemic – and at the top of the list of discussion topics are COVID-19 and the War in Ukraine. S&P Global Vice Chairman Dan Yergin joins us to discuss the implications the war has for global energy security and geopolitics. Plus, as the S&P 500 approaches bear market territory, investors are looking to the Fed to see if it can stabilize inflation. But is a recession the only solution? Steven Wieting of Citi Private Bank gives us his take on whether economic fundamentals justify the recent sell-off. And, a new report from Credit Suisse lists 50 stocks that will likely benefit from a strong U.S. dollar, including Home Depot, Target, and Netflix. Patrick Palfrey, co-author of the report, dives deeper into his equity strategy ahead of the trading day.
With Yet Another Volatile Week, Is the Market Broken? How Do We Fix It? 5/20/22
What we called a Tech Wreck last week is now becoming a Retail Wreck, as Walmart, Target, and Ross Stores all delivered poor results this week. But are there still investing opportunities left in the consumer sector? Scott Mushkin of R5 Capital joins us to discuss which stocks he’s buying and which ones he’s avoiding in this negative macro environment. Plus, how broken is the market, if at all? Tim Quast of Modern IR joins us break down the three problems with market mechanics that compound volatility. And, with the S&P 500 inching closer to a bear market following another volatile week, investor sentiment seems to be the primary driver of the market. Robert Teeter of Silvercrest Asset Management and Lindsey Bell of Ally Invest give us their takes on if a recession is in store.
What Do Gasoline, Consumer Products, and Crypto All Have in Common? They’ve All Been Hit Hard by Market Volatility. 5/19/22
Gasoline inventories are going to hit historic lows and distillate over this summer, forecasts Paul Snakey of Snakey Research. He joins us to discuss the emerging crisis in U.S. oil product markets; the current battle between low refining runs relative to all-time record refining margins; and the choice to make gasoline or diesel, both of which are in increasingly short supply. Plus, new reports from Target and Walmart signal that more markdowns and price increases are likely to come. Stacey Widlitz of SW Retail Advisors tells us why free money, artificially high savings rates, and a lack of inventory leading to full price selling is now a thing of the past. And, will the stablecoin challenges seen in recent week lead to a better, strong ecosystem? Blockchain.com co-founder and CEO Peter Smith joins us to explain why he sees the current dip as a “fear based capitulation wave.”
Goldman’s “Margin of Safety” Stocks; The Crude Reality of Diesel Fuel Prices; Disruptor 50: How One Company is Revolutionizing E-Commerce Through Robotics. 5/18/22
Brian Sullivan lays out 20 stocks that Goldman Sachs identifies as falling within the bank’s “margin of safety”. Plus, the true cost for truckers filling up with diesel fuel. And, the CEO of CNBC Disruptor Exotec, on how robotics can help address the global supply and labor shortage.
Changes China is Making to Ease the Global Supply Crunch; Which Retailers Will Stand Out During Earnings Season?; Where Wall Street is Putting its Money in the Pennsylvania Primary. 5/17/22
Lori Ann LaRocco discusses the steps China is taking to try to alleviate shipping snags at its major ports. Plus, retail insider Jan Kniffen says Walmart and Target are doing the best job among the major store chains in taking on Amazon. And, Ylan Mui details which candidates in the Pennsylvania Senate primary race are being backed by billionaire investors on Wall Street.
Cloud stocks, crypto’s crash, investment opportunities during tight financial conditions. 5/16/22
Amid the tech wreck, cloud stocks may offer a silver lining, as the ongoing migration of legacy client-server apps to the cloud signals opportunities in software-based businesses. John Freeman of CFRA Research joins us to discuss which of these opportunities he’s most enthusiastic about. Plus, following crypto’s crash and stablecoin’s collapse last week, do Bitcoin or Terra have futures as payments networks? Lawrence Lewitinn of CoinDesk joins us to give his take on how much damage has been done. And, though investors, consumers, and businesses have benefitted from significant monetary tailwinds in the past, investors can no longer rely on financial conditions to support portfolio growth, says Seema Shah of Principal Global Investors. She joins us to answer the question of everyone’s mind: where are the investment opportunities, and how can investors prepare for anticipated challenges?
In a market more volatile than ever, where do we go from here? 5/13/22
Like many commodities, the cost of fertilizer has been increasing due to COVID-19 related supply chain issues, weather disruptions to shipping and production, energy costs, and geo-political issues. Ken Seitz of Nutrien Ltd joins us to discuss the biggest cost drivers of fertilizer on the market and what the company is doing to deliver high crop yields and maximize productivity. Plus, though the capital markets saw significant volatility, the Dow and the S&P ended the week where it started, unlike the tech sector and the Nasdaq Composite. Ryan Payne of Payne Capital Management joins us to discuss the best opportunities for investors and how volatility can be used as a leveraging tactic. And, the big question on all investors’ minds is when will the economic and monetary backdrop set up to foster stability and a new bull phase? Liam Dalton of Axiom Capital Management joins us to identify the key steps in a necessary adjustment process.
Crypto plunges, Disney shares fall, Rivian stock jumps. 5/12/22
Liquidity concerns around “stablecoin” provider Terra has caused a hit on confidence across the crypto spectrum, with many of the coins seeing major losses this week. Juthica Chou of Kraken joins us to discuss the current state of the crypto market, recent Bitcoin price movements, and hedging inflation. Plus, Disney reported in its earnings report yesterday stronger-than-expected growth in Disney+ subscriptions but warned shareholders that the company is still seeing the impact of COVID on its theme parks. Jonathan Kees of Daiwa Capital Markets America joins us to give his take on why Disney shares have fallen following the report and what’s in store going forward. And, the Rivian stock jumped yesterday, maintaining its 2022 production target to build 25,000 vehicles this year. Dan Ives of Wedbush Securities joins us to provide insight on whether Rivian is worth investing in.
Major reports this week, threats to solar capacity installations, the U.S. dollar’s historic high. 5/11/22
This week, it’s all about inflation, with the April CPI, PPI, and Import Prices reports due. Michelle Girard of Natwest Markets Securities joins us to discuss whether she expects today’s CPI report to reinforce the Fed’s current projected rate path. Plus, the Department of Commerce’s investigation into 17.5 gigawatts of solar capacity installations may threaten nearly 66% of the U.S.’ energy plans. Marcelo Ortega of Rystad Energy joins us to break down exactly how this freeze happened. And, Kamakshya Trivedi of Goldman Sachs says that more money is being concentrated in dollars due to the selloff in stocks and bonds. He joins us to give us his thoughts on the demand for major currencies and the likelihood of a recession.
Peloton earnings, global supply chain issues, markets in turmoil. 5/10/22
It’s a big day for high-interest earnings reports, and at the top of the stack is Peloton. But compared to the start of the pandemic, when sales were booming, by how much has demand for connected fitness equipment slowed? Daniel Adam of Loop Capital Markets joins us to discuss why Peloton is still a valuable stock worth substantially more than its current market value. Plus, with global port congestion worsening, and supply chain issues escalating, is there a solution in sight? Michael Tran of RBC Capital Markets gives us his insights on digital intelligence strategies. And, inflation concerns are taking over the market, as NASDAQ is on track for its sixth worst year ever and S&P is down 16% from its all-time high. Chris Murphy of Susquehanna Financial Group and Brian Levitt of Invesco give us their thoughts on which areas of the market may still be worth investing in.
Biotech stocks fall as energy continues to soar amid volatile market. 5/9/22
Biotech stocks, a former pandemic winner, have been falling since April, with the S&P Biotech ETF down nearly 40% this year. Salim Syed of Mizuho Securities gives us his take on what will happen to these biotech companies in the near-term. Energy, on the other hand, seems to be on an unstoppable winning streak, as oil and gas stocks continue to make positive moves amid this volatile market. Biraj Borkhataria of RBC Capital Markets joins us to talk about which names in particular he’s most excited about. Plus, are commodities impacting inflationary readings more than wages? Gina Sanchez of Chantico Global weighs in. And, ahead of Wednesday’s CPI report, what’s the best area to invest? Patrick Fruzzetti of Rose Advisors has the answers.
E-commerce and tech stocks plummet following Fed meeting. 5/6/22
As inflation fears continue to grow, investors fear shoppers are starting to scale back non-essentials spending. Scott Mushkin of R5 Capital joins us to unpack why the consumer discretionary sector is getting hit especially hard. Also doing poorly are tech stocks, as the NASDAQ is coming off of its worst single day performance in almost two years. Dan Ives of Wedbush Securities joins us to discuss how the hangover from the Fed meeting and yesterday’s rally are being felt on Wall Street. And, what’s in store for the trading day ahead as the first week of May closes out? Greg Branch of Veritas Financial Group and Dan Morgan of Synovus Trust give us their takes.
COVID-19 food scarcity, OPEC meeting amid all-time low fuel supplies, Federal Reserve’s raised rates. 5/5/2022
Eric Ripert, co-owner and chef at Le Bernardin and Vice Chairman of City Harvest, joins us to discuss the organization’s efforts to deliver more than 100 million pounds of food to nearly 400 food rescue outlets across the five NYC boroughs. He dives into Le Bernardin’s recommitment to City Harvest after reopening post-pandemic and his work to strengthen local food systems. Plus, OPEC is meeting today as oil stays above $100 per barrel and natural gas hits $8. John Kilduff of Again Capital gives us his thoughts on why the market is getting no help from OPEC and which areas are being hit the hardest by all-time low fuel supplies. And, the Federal Reserve did exactly what was expected in raising rates 0.5%, but what does this mean for equity markets and the risks to growth? Paul Donovan of UBS Global Wealth Management gives us his take.
Gaming the Fed’s Next Moves; Is The Oil Market Pricing In a Full EU Ban on Russian Imports?; Searching for Quality in an Uncertain Market. 050422
Former Fed Vice Chairman Roger Ferguson says the hurdle for a 75 basis point rate hike is high. Plus, Amrita Sen of Energy Aspects discusses the impact of EU members agreeing to a shorter-term phase out of Russian oil & gas. And, Greg Sarian of Sarian Strategic Partners says investors should seek out high quality cash-rich companies that offer dividend value.
Federal Reserve meeting, market predictions, the trading day ahead. 5/3/22
The Federal Reserve is kicking off a two-day meeting today, which is expected to end in a 50 basis point hike. But word on the street is that the Fed might be even more aggressive, especially in light of Tuesday’s news that Australia has hiked its interest rate for the first time in over a decade. Stephen Halmarick of the Commonwealth Bank of Australia and Priya Mirsa of TD Securities discuss their predictions for the meeting’s outcome. Plus, what does the Fed’s fight against inflation mean for the markets today? Mark Haefele of UBS Global Wealth Management joins us to discuss inflation modulation, moderating growth, and asset allocation. And, as anticipation for the Fed decision looms over the market, how much damage has been done? Eric Beiley of Steward Partners Global Advisory and Jason Snipe of Odyssey Capital Advisors give us their take.
Was April a Washout or the Start of Something More for the Markets?; Guggenheim’s Scott Minerd: The Fed Has Screwed Up; Where Investors Are Seeking Protection in Stocks. 5/5/22
Gina Sanchez of Chantico Global and Lee Baker of Apex Financial discuss whether there are still quality names in the market, following April’s meltdown. Plus, Guggenheim Partners Global CIO Scott Minerd discusses the Fed, bond market and equities with Brian Sullivan at the Milken conference. And, Jon Najarian reveals where the options action has been headed as the markets sold off.
Media and antitrust, Apple and Amazon earnings, rocky week for markets 4/29/22
With more competition comes more innovation. But what about the growing battle between companies and governments? Makan Delrahim, the former Assistant Attorney General for the Department of Justice, joins us to discuss how anti-trust issues and the media are making their way into politics. Plus, Apple and Amazon reported quarterly results yesterday, with the former topping estimates and the latter missing revenue forecasts. Jared Weisfeld of Jefferies discusses the markets and tech’s wild ride. And, it’s been a rocky week for markets, as the Dow and S&P are both on track for their third negative month this year. Bill Stone of Glenview Trust gives us his thoughts.
Meta Surges, China Demand Concerns Linger & Fed in Focus
Stacey Widlitz of SW Retail Advisors discusses what’s been driving the weakness in the consumer discretionary sector, and how not all retailers -- such as discount chains -- are created equal. Joel Kulina, Head of Technology/Media Trading at Wedbush Securities, discusses the tech sector outlook ahead of the anticipated Big Tech earnings reports later today. Matt Orton of Carillon Tower Advisers gives his take on what’s driving the market. Plus, Tiffany McGhee of Pivotal Advisors discusses whether positive results from some big tech names can offer a glimmer of hope, and highlights one company that plays a huge role in the global food supply chain.
Navigating The Market Turbulence; Russia Steps Up Its Energy Fight With the West; What’s Working: Stocks that Outperformed During the Sell-Off 042722
Delano Saporu of New Street Advisors and Matt Maley of Miller Tabak offer advice to nervous investors trying to navigate through the negative market headlines. Plus, we discuss the broader implications of Russia’s move to cut off natural gas supplies to EU and NATO members Poland and Bulgaria. And, Brian Sullivan highlights several stocks that managed to avoid the sea of red ink in Tuesday’s sell-off.
How Beijing Is Trying To Limit the Spread of COVID; What Elon Musk’s Deal For Twitter Could Mean For Other Social Media Platforms; Two Under-The-Radar Banks Offer Over-The-Top Returns 042622
Eunice Yoon reports from the ground the measures authorities are putting in place to contain a COVID outbreak in Beijing, and lessons learned from the month-long lockdown in Shanghai. Plus, a top tech analyst weighs in on Elon Musk’s buyout of Twitter and what he could reasonably change on the platform. And, Grace Capital’s Cate Faddis makes the case for investors to consider a pair of lesser-known banks.
Earnings, Inflation & Fed in Focus
Brian Sullivan reveals the result of a Twitter poll on whether you believe the U.S. economy is headed for a recession this year or over the longer term. Svein Holsether, CEO of Yara International, discusses the driving factors behind higher prices for fertilizer, natural gas and in turn food, and whether it’s more of a supply or demand issue. Mark Yusko of Morgan Creek Asset Management discusses how the market sell-off is extending to all asset classes, and why he doubts the Fed will raise rates by 50 basis points in May. Plus, Degas Wright of Decatur Capital discusses the market slide and how to identify companies and stocks that have pricing power in an inflationary environment.
Eco-friendly toys for Earth Day, Florida’s fight with Disney World, reviving BBB. 4/22/22
Today is Earth Day, and what better way to celebrate it than reduce the use of plastics in products like toys? James Zahn of The Toy Insider joins us today to talk about the toy industry’s move to sustainable materials, even amid rising manufacturing costs and delays. Plus, a Florida bill to revoke Disney World’s designation as a special tax district is moving forward. Former Walt Disney Resort Executive Vice President Lee Cockerell gives his take on as the current situation. And, Congress is back to work with a full agenda, at the top of which is reviving President Biden’s Build Back Better plan. Ed Mills of Raymond James gives us the details.
What’s in store for the markets, commercial real estate’s outlook, Tesla’s record Q1 profit 4/21/22
Following Netflix’s stock plunge this week, the S&P and NASDAQ are down three of the past four days. Ryan Payne of Payne Capital Management gives his take. Plus, will workers ever fully return to the office? Marcus & Millichap CEO Hessam Nadji joins us to discuss the outlook for commercial real estate. And, Tesla beats profit expectations in its latest earnings report. Jeffries Managing Director Philippe Houchois breaks it down for us.
A Big “Net-Flunk” for Netflix; Is Elon Musk’s Pursuit of Twitter a Distraction for Tesla?; Today’s RBI: Executive Payday. 4/20/22
Netflix shares are tumbling as subscribers leave the streaming service, but is the stock still worth your money? Plus, what Tesla shareholders want to know ahead of the company’s earnings report, including whether Elon Musk is taking his eye off the ball with his bid for Twitter. And, how an under-the-radar company is making headlines with an over-the-top payday for its CEO.
Corn prices rising, the future of renewable energy, the trading day ahead 4/19/22
Corn and other commodity prices are rising as the war in Ukraine continues. Bill Baruch of Blue Line features talks about the latest. Plus, a new form of renewable energy might be in natural gasses from farmhouses, according to John Pettigrew of National Grid. And, Kevin Simpson of Capital Wealth Planning gives his take on the trading day ahead.
The Next Steps for Twitter and Elon Musk; The Energy Industry Faces Structural Supply Challenges; Will Mortgage Rates Above 5% Take Some Heat Out of the U.S. Housing Market? 4/18/22
Axios’ Sara Fischer and CFRA analyst Angelo Zino discuss the move by Twitter’s board to limit Elon Musk’s ability to increase his stake in the company, and whether he could potentially secure financing for his takeover bid. Plus, Eric Nuttall of Ninepoint Partners says the combination of underinvestment and falling inventories could lead to oil prices hitting an all-time inflation-adjusted high by 2023. And, the CEO of Coldwell Banker Real Estate weighs in on the state of the housing market, with mortgage rises continuing to move well above 5%.
Housing prices rising, Bank earnings, Food-flation. 4/14/22
Housing prices continue to rise, along with mortgage rates. We discuss the market with Howard Hughes CEO David O’Reilly, and talk about where Americans are moving right now. Plus, it’s a big day for bank earnings, with four big banks set to report their quarterly results after JPMorgan’s report yesterday. We dig into the sector with CFRA’s Ken Leon. And Brian’s RBI focuses on food inflation, and how it is impacting consumers and companies. We discuss the new challenges facing restaurants with Chef David Burke.
Worldwide Exchange 041222
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Commodity prices ticking up, China Covid lockdowns, Ukraine latest. 4/12/22
Commodity prices such as oil, wheat, and corn are ticking back up. We discuss the broader market impact with Chantico’s Gina Sanchez, and the impact on inflation with NatWest’s Michelle Girard. Plus, some residents in Shanghai are being allowed to slowly leave their Covid-related lockdowns. Our own Eunice Yoon reports. And we check in on the latest conflict in Mariupol, Ukraine, with our own Raf Sanchez who joins from on the ground in Lviv.
Musk no longer joining Twitter, Inflation data, Small business check in. 4/11/22
Elon Musk is no longer joining the board of Twitter, says the CEO. So what does it mean for the stock, for Musk, and for the company? We discuss with Jon Najarian and The Guardian’s Alex Hern. Plus, it’s a big week for inflation data, the first to show the impacts of the war on global pricing. And we check in on the state of small business with Small Business Roundtable’s John Stanford, on the heels of employment data out of the NFIB.
Tech turbulence, The Masters, Manhattan real estate. 4/8/22
Tech stocks have been on a wild ride this year. We take a look at the recent performance with James Cakmak of Clockwise Capital. Plus, Jay Gray joins us from Augusta, Georgia, reporting on The Masters and Tiger Woods’s comeback. And we check in on Manhattan real estate sales with Stephen Kliegerman of Brown Harris Stevens.
Fed policy, Global supply chain, Tiger returns to The Masters. 4/7/22
The Fed has laid out its policy tightening plan. We take a look at how the markets are reacting, with Delancey’s Ivory Johnson and former Fed Chair Roger Ferguson. Plus, the CEO and President of Americas for ESW joins to discuss global supply chain disruptions, and the company’s new alliance with UPS. And Damon Hack of the Golf Channel joins to talk about Tiger Woods’s return to The Masters after the athlete’s recent car crash.
Hawkish Fed, Oil CEO hearing, mortgage rates. 4/6/22
Fed Chair Lael Brainard struck an unusually hawkish tone regarding raising rates. We discuss what it means for the Fed and the markets. Plus, oil and gas CEOs are heading to Capitol Hill today for a hearing about gas prices. We discuss what to expect with Anne Bradbury. And our own Diana Olick discusses the ripple effects of the 30 year mortgage rate moving past 5%.
Goldman's Currie Says Oil and Gas Prices Could Be Heading Even Higher; Rising Risks: The Housing and Water Shortage Facing the American Southwest; Today's RBI: A History Lesson on the Yield Curve Inverting. 4/5/22
Goldman Sachs Global Head of Commodities Research Jeff Currie discusses where energy prices may be headed, and says some of the blame can be placed on lack of investment in the sector. Plus, Diana Olick details how drought conditions are impacting every corner of the economy in the West and Southwestern parts of the U.S. And, Brian Sullivan gives some perspective on how well the market performs after the yield curve inverts.
Worldwide Exchange 040422
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Worst Q1 since 2020, M&A in 2022, NYC office space. 4/1/22
The markets are coming off their worst first quarter since 2020. But stocks are poised for a higher open today to kick off April. We discuss with Gilman Hill’s Jenny Harrington and Silvercrest’s Robert Teeter. Plus, M&A activity looks to be slowing after the first quarter of 2022, but there are still signs that this year could be a strong one for global dealmaking. Matt Toole, Director of Deals Intelligence at Refinitiv, joins to discuss the latest M&A report. And Mark Dixon, CEO of International Workplace Group, joins to talk about the shifting demand for office space in the city, and where the most valuable real estate will be post-pandemic.
Petroleum reserves release, Apple’s win streak, Housing prices. 3/31/22
President Biden is expected to announce a record release of the Strategic Petroleum Reserves, to make up for supply cuts out of Russia. We discuss the possible impact with RBC’s Helima Croft. Plus, Apple saw an 11-day win streak, a positive in the beaten-down tech sector. We discuss the space with Wedbush’s Joel Kulina. And Brian’s RBI focuses on the price of new home sales, and how much they have increased over the past 22 years.
Recession indicator, Las Vegas investment, Power City Indexes. 3/30/22
We discuss the expected inversion of the yield curve, and whether investors should prepare for a recession with Bill Stone of Glenview Trust. Plus, Contessa Brewer sits down with Oak View Group CEO Tim Leiweke to talk about the Group’s $3B investment in Las Vegas entertainment. And Brian’s RBI focuses on the top performing cities based on the stock performance of their hometown companies, over the past 12 months.
Bond moves, Energy poverty in the U.K., U.S. energy demand. 3/29/22
There has been an inversion in the 5 year/30 year bond spread for the first time since 2006. We discuss why it matters, and why investors should be watching that move. Plus, Matthew Copeland of National Energy Action joins to discuss skyrocketing prices of gas in the U.K. and Europe, and how 2 million homes could be plunged into so-called “energy poverty.” And Brian’s RBI focuses on how a population shift towards the south of the U.S. could impact the country’s energy demand.
Russia sanctions, Shanghai lockdowns, U.S. LNG production. 3/28/22
We discuss what sanctions are still available for the U.S. to use against Russia, with Daniel Tannebaum of Oliver Wyman. Plus, Shanghai is heading into a staggered lockdown due to Covid cases, a city of 25 million people that is a manufacturing hub. We talk about the global impacts with our own Eunice Yoon. And Toby Rice, CEO of LNG producer EQT Corp, joins to discuss American production of LNG, energy security, and the push for green energy around the globe.
Insider buying, Food inflation, Commodity prices. 3/25/22
We take a look at the top five stocks seeing the most insider purchasing this week from C-suite executives. Plus, famed chef and owner of Le Bernardin in New York, Eric Ripert, joins to discuss food inflation and how his restaurant is having to adjust. And Jeff Currie of Goldman Sachs joins to discuss commodity prices, including those outside of just oil and gas.
Biden joins NATO allies in Brussels, Impact of more sanctions on Russia, Billionaire Tull on the record. 3/24/22
President Biden has arrived in Brussels, where NATO and G-7 leaders are meeting to discuss responses to the war in Ukraine. We discuss possible outcomes with Kevin Book of ClearView Energy Partners, Ian Lesser of the German Marshall Fund, and our own Kayla Tausche. Plus, Billionaire investor Thomas Tull joins to discuss how his thesis is changing amid global market uncertainty, and his recent continued purchases of FIGS.
Worldwide Exchange: 3/23/22
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
It's Gotta Be About The Shoes! How Nike Overcame Several Hurdles in Its Latest Earnings Report; Targeting the U.S. Mega Mansion of One Russian Oligarch; Why Smaller Energy Names in the Market are Red Hot. 3/22/22
Oppenheimer's Brian Nagel breaks down Nike's latest quarter, including how the company is navigating supply chain issues in Asia. Plus, Robert Frank profiles the Colorado mountain lair of Russian oligarch Roman Abramovich, that's become a potential seizure target by U.S. authorities. And, Brian Sullivan details why the small caps have been outperforming the broader market, and which names are leading the way.
Boeing under pressure, Ukraine and China, Covid trends. 3/21/22
Shares of Boeing are under pressure after a 737 crashed in China this morning. We take a look at the impact and go over what we know about the incident so far. Plus, Ali Arouzi joins us from on the ground in Lviv, and we discuss China’s role with corporate advisor Robert Kuhn. And Brian’s RBI focuses on the recent Covid trends in the U.S.
Supply chain issues, Ukraine latest, Jewish Federations aid to Ukraine. 3/18/22
New Covid lockdowns in China are impacting the global supply chain once again. Our own Lori Ann LaRocco joins to discuss who is being impacted and when things will ease. Plus, we check in with Molly Hunter on the ground in Lviv, a safe-haven city in Ukraine that saw strikes just four and a half miles outside the city center. And Mark Wilf, Chair of the Jewish Federations of North America, joins to discuss the Federations’ fundraising for Ukrainian refugees, after returning from a mission to the Polish-Ukrainian border.
Fed rate hikes, Ukraine latest, Gas prices. 3/17/22
The Fed raised rates and is signaling six more hikes this year. We discuss what it means for the markets with Ryan Detrick, Keith Lerner, and Larry McDonald. Plus, we are on the ground in Lviv with Molly Hunter, who reports as air strikes on civilian targets continue in the west of Ukraine. And Brian’s RBI looks at why gas prices at the pump are still elevated, if global oil prices are already coming back down.
Chinese tech stocks rebound, Technical trends, Russian debt. 3/16/22
Chinese tech stocks are rebounding, after hitting historic lows, with Alibaba, Tencent, JD.Com, and more popping over 20% overnight. We speak with Eunice Yoon about what’s behind the rebound, and Jon Najarian explains some of the options action happening in the U.S.-listed shares of the stocks. Plus, we take a look at technical trends in oil and the S&P with Mark Newton of Fundstrat, and explore what the signals are telling us. And our own Leslie Picker joins to discuss Russia’s default deadline today.
Mapping the Fed's Monetary Policy Path; Chinese Tech Stocks Tumble; Investing in Ireland
Priya Misra of TD Securities discusses just how aggressive the Federal Reserve will be in hiking interest rates and unwinding its balance sheet. Plus, Ben Harburg of MSA Capital and Cyrus Mewawalla of GlobalData pinpoint what's behind the dramatic declines in Chinese tech stocks. And Martin Shanahan of IDA Ireland discusses why the country is still an attractive destination for foreign investment.
Fed decision week, Ukraine latest, Tech weakness
The Fed meets later today to discuss interest rates, and is expected to raise the benchmark rate amid rising inflation. We discuss the likely outcomes with Kemper’s Anneka Treon and former Vice Chair of the Federal Reserve Roger Ferguson. Plus: our own Molly Hunter reports from on the ground in Lviv, to discuss the most western attack by the Russians since the start of the war in Ukraine. And the tech sector has seen a dramatic slowdown this year, but Jared Weisfeld of Jefferies says there is still some tailwind opportunity in specific areas like cybersecurity and software.
Ukraine latest, Rivian sinks, Insider buying
We take a look at all aspects of the latest in Ukraine, as fighting reaches its 16th day. We speak with Molly Hunter on the ground in Lviv, as well as Ed Mills of Raymond James. Plus, Rivian shares are under pressure this morning as the company revealed supply chain concerns in its quarterly results announcement. Phil Lebeau has some color on what the company said about manufacturing. And Brian brings you the top 5 stocks seeing the most insider buying this week.
Amazon and market volatility, Restaurant inflation, Gas Oil prices
Amazon’s surge after announcing a 20-for-1 stock split was caused by a lot of calls bought at convenient times. We discuss the move higher with Jon Najarian. Plus, we take a look at inflated input costs of food, and how they are impacting Peter Luger Steakhouse in New York. And Brian’s RBI focuses on gas oil prices, which hit a record high yesterday before selling off, for its worst performing day since 1991.
Oil prices continue to rise; impact on markets, tech
Oil prices are still hovering around $120 as Biden announced a ban on imports of Russian oil. We speak with the head for Energy at the U.S. State Department about producing American LNG to counteract the supply issues, as well as with former Exxon Arabian Gulf President Jerry Bailey about how the U.S. can restore energy independence. We also take a look at the recent Tech Wreck with Paul Meeks of the Wireless Fund.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Oil prices surge, Tech rout, Food inflation
Oil prices briefly crossed $130 for both WTI and Brent, levels not seen since 2008, on fears surrounding Russian oil supply. We discuss the impact on markets and consumers with Katie Stockton and John Kilduff. Plus, the Nasdaq is down almost 18% from its recent highs. Is there opportunity right now in the sector? We discuss with Wedbush’s Joel Kulina. And as food input prices continue to rise, restaurants are having to grapple with higher prices themselves. Tommy Hill of Hill Management Group joins to talk about how his restaurants are adjusting to inflation.
Russia’s Attack on a Ukrainian Nuclear Power Plant; Can U.S. Oil & Gas Producers Ramp Up Production?; Why Global Tanker Rates Are Soaring
Mark Nelson of the Radiant Energy Fund lays out what we know about the Russian attack on Ukraine’s largest nuclear power plant, and how this is much different than the Chernobyl disaster in the 1980s. Plus, Kate Richard of Warwick Investment Group says U.S. energy producers can ramp up production, but it’s a question of will and whether it matters. And, Jefferies shipping analyst Randy Giveans discusses what’s driving a spike in global tanker rates.
Bill Gross Weighs In; What is the Endgame for Putin in Ukraine?; Options Activity in Gold and Energy
An exclusive conversation with legendary PIMCO Co-Founder Bill Gross on everything from Fed policy to what he's buying in the market right now. Plus, former top State Department official Lincoln Bloomfield discusses how Putin miscalculated his invasion of Ukraine, and how he extricates himself from the escalating crisis. And, Jon Najarian shines the light on unusual activity in options of small caps, gold and energy stocks.
Seeking Opportunities in a Volatile Market; Will OPEC+ Stick to Its Guns on Output?; Sticker Shock: The Cost Of Nearly Every Commodity is Rising
Malcolm Ethridge of CIC Wealth and Cate Faddis of Grace Capital offer some ideas on where investors can seek opportunities in a volatile and uncertain market. Plus, RBC's Helima Croft discusses how OPEC members will handle their relationship with Russia amid the crisis in Ukraine. And, Brian Sullivan details how the cost of nearly every major raw material is surging, and how that could impact your wallet.
View From the Ground in Ukraine; Should Energy Be Part of Russia Sanctions?; Power Play: Russia's Control of Global Uranium Supplies
The latest on the fighting in Ukraine, and the refugee crisis at the country's borders. Plus, making the case to include Russia's lucrative oil & gas industry in the global wave of sanctions. And, the conflict is causing uranium prices to soar, with Russia being a major supplier of the element that's already in short supply worldwide.
Global sanctions impacting Russian financial markets
We continue our breaking coverage of Russia’s invasion of Ukraine, and watch the Ruble as well as commodity prices as sanctions start to impact the country’s economy. We speak with Lieutenant General Ben Hodges, and we take a look at commodity prices rising with TD Securities’ Bart Melek. Then we look at what the long term effects of sanctions could be with Evercore’s Roger Altman, and check on whether cryptocurrencies are a risk-off asset amid volatility with CoinDesk’s Damanick Dantes.
Russian invasion of Ukraine continues to roil markets
We continue our coverage of the ongoing invasion in Ukraine, with guest analysis from Rystad’s Louise Dickson, Defiance ETFs’ Sylvia Jablonski, and UBS’s Kiran Ganesh. We also have reporting on the ground in Ukraine from NBC’s Cal Perry, as well as global reporting from our own Julianna Tatelbaum, Rosanna Lockwood, Steve Sedgwick, and Eunice Yoon.
Russia invades Ukraine: markets slide, oil passes above $100
We take a look at the market reaction to Russia invading Ukraine, as futures slump, metals prices rise, and the price of global oil crosses $100 a barrel. Guest insight with Energy Aspects’ Amrita Sen, Rabobank’s Jane Foley, and Colonel Jack Jacobs, along with reporting from our own Matt Bradley, Rosanna Lockwood, and Brian Sullivan.
CNH Industrial CEO, Crypto’s recent moves, Russia and commodity prices
The CEO of agricultural equipment maker CNH Industrial joins Brian to discuss commodity inflation, risks out of Russia, and innovations in sustainability. Plus, cryptocurrencies are bouncing back slightly, after Bitcoin hit lows around $36,000. Juthica Chou of Kraken joins with her insight on the crypto investor’s outlook. And news out of Russia is pushing the prices of some commodities higher, like nickel, wheat, and corn. Brian’s RBI focuses on how those price increases could impact you.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Ukraine latest, Global risks, Retail earnings
We’re monitoring the situation in Ukraine, with NBC’s Erin McLaughlin joining us from Kyiv, and a report from Robert Frank about how the U.S. will place new sanctions on Russian oligarchs if Russia goes ahead with an invasion of Ukraine. Then, Alexis Crow of PwC also joins us to discuss what other risks there are to the market right now—it’s not just Ukraine. And Jharonne Martis of Refinitiv joins to discuss retail earnings season so far, and the impact of inflation on consumer demand.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
European energy, Semiconductor CEO, Retail pricing power
Former Energy Secretary Rick Perry joins Brian Sullivan, to discuss how the crisis in Russia could escalate global tensions around oil prices. Plus, the CEO of Onsemi joins to discuss the company’s priorities in the automotive sector, as cars need more semiconductor infrastructure. And two industry experts give their top picks in retail, ahead of a slew of earnings, and amid a rising inflation environment.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Russia-Ukraine tensions escalate
We take a look at the possible global impacts of a Russian invasion of Ukraine, with Former Assistant Secretary of State for Energy Resources Frank Fannon, Goldman Sachs’ Jeff Currie, Ambassador John Negroponte, and JP Morgan’s Joyce Chang.
Super Bowl preview, Hospitality industry recovery, Financial infidelity
This year’s Super Bowl could pull in record viewership, and that could have implications for pricing and network bidding next year. Our own Jabari Young joins to discuss what’s at stake for the NFL and TV providers. Plus, the CEO of Dream Hotel Group joins to discuss the path to recovery for the hospitality industry, and how inflation will impact pricing and consumer demand. And our own Sharon Epperson joins with a report on financial infidelity ahead of Valentine’s Day, and how hiding money decisions from your partner could be costly in more ways than one.
AstraZeneca CEO, Disney’s earnings beat, Congressional stock trades
The CEO of AstraZeneca, Pascal Soriot, joins Meg Tirrell to discuss the companies earnings and its Covid treatments. Plus, Disney beat on earnings and subscriber numbers and the stock is up big. John Hodulik of UBS joins to discuss his bull case. And Brian takes a look at the biggest Congressional stock trades happening lately, and who’s making them.
020922
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Why Softbank's Deal to Sell Arm Was Doomed to Fail From the Start; Europe's Energy Crisis: Potential Scenarios If Russia Invades Ukraine; Betting Big on Corporate Bonds Has Been a Bust This Year
Arash Massoudi of the Financial Times breaks down why Softbank's mega-deal to sell chipmaker Arm to Nvidia fell apart. Plus, Michael Stoppard of IHS Markit discusses whether European countries could make up for a shortfall in natural gas if Russia cuts off supplies flowing through Ukraine. And, Brian Sullivan points out why one side of the bond market -- corporate debt -- has suffered along with stocks to start the year.
Peloton’s potential suitors, Ukraine latest, Covid in the past two weeks
Peloton stock is jumping on reports that the company may be fielding buyouts from the likes of Amazon and Nike. CNBC.com’s Lauren Thomas joins to discuss the pros and cons of a takeover and other recent Peloton news. Plus, White House National Security Advisor Jake Sullivan says that Russia could invade Ukraine “any day now.” Max Seddon of the Financial Times joins to discuss the likelihood of an invasion, and what the global repercussions could be. And Brian’s RBI focuses on Covid cases and hospitalizations over the past two weeks, and how much they have fallen in the U.S.
Earnings pop, Jobs Friday, UK energy prices
The stocks of Snap and Amazon are surging after the companies’ strong earnings reports, rebounding the market from yesterday when Facebook dragged it down. Scott Mushkin of R5 Capital joins to discuss the future for the stocks. Plus, it’s jobs Friday, and this report could show job losses for the month of January, for the first time since December of 2020. We discuss expectations and the broader hiring market with Evan Sohn of Recruiter.com. And UK energy prices could increase by more than 50% after the regulator approved a price hike. Brian takes a deep dive into why this is happening and how it will impact families.
Meta’s mega miss, EV ramp up, Crypto predictions
Facebook parent Meta reported weak earnings and subscriber numbers in its quarterly report, and the stock is down big. We discuss what the impact is for Facebook, the metaverse, and social media companies. Plus, Detroit is ramping up production on EVs as GM and FORD see increased demand. Tim Higgins of the Wall Street Journal joins to talk about the space. And Brian’s RBI focuses on Bitcoin, and a survey that asks where investors think the crypto will be in six months.
Inflation indicators, Alphabet earnings, OPEC talks
There are indications the Fed could raise rates multiple times this year to combat inflation. But we take a look at one of the harder-to-control inflation drivers: shipping backlogs. Our own Lori Ann LaRocco joins with her latest reporting on the issue. Plus, Google parent Alphabet reported strong earnings and news that it will be splitting the stock 20-to-1. Joel Kulina of Wedbush joins with his take on the results. And OPEC is set to meet today and may or may not have a press conference. Helima Croft joins to talk about the oil supply space, and why Russia ramping down on their commodity supply in a conflict situation could lead to more ripple effects than just within energy.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Russia relations, More tech on deck, NFL latest
The U.N. Security Council is set to meet today, setting the stage for a confrontation between the US and Russia. Daniel Tannebaum of Oliver Wyman joins to discuss potential outcomes. Plus, more mega cap tech companies are set to report their earnings this week, as the NASDAQ is down more than 12% just this year. James Cakmak of Clockwise Capital joins to talk about why he is optimistic on the sector. And there are rumors that Tom Brady is retiring this year, but is it true? Our own Jabari Young joins to discuss Brady’s career and this year’s Super Bowl matchup.
Fed fallout, Commercial real estate, Apple earnings
The Fed may be raising rates later this year, Sven Henrich of NorthmanTrader says the current downturn in the markets may already be curbing inflation. He discusses his outlook. Plus, rates are still low even though they’re rising—is commercial real estate a good investment for 2022? Spencer Levy of CBRE joins with his take. And Apple beat on every product segment except for iPad, where it blamed supply chain issues. The stock is up on the earnings. Daniel Flax of Neuberger Berman joins to talk about the big takeaway numbers from the report.
Market volatility, Rate hike preps, Tesla earnings
Futures have been volatile all morning, a continuation of the volatility we’ve been seeing all week. Jon Najarian joins to discuss what’s behind the movement. Plus, we’re also joined by Komal Sri Kumar to discuss the fallout from yesterday’s announcement by the Fed that they will likely raise rates in March. And Tesla shares are hovering lower despite beating on earnings and revenue yesterday. Is there an opportunity to buy, or should investors wait? Fairlead’s Katie Stockton weighs in.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Bitcoin slump, Russia relations, Netflix and streamers
Bitcoin and other cryptos have been steadily falling throughout this year. Daminick Dante of Coindesk joins to discuss what’s behind the slump, and how investors should view the space now. Plus, Russia and Ukraine relations continue to heat up—Fred Kempe of the Atlantic Council joins with his take on what’s at stake for Biden and global politics. And does Netflix’s subscriber slowdown signal something bad for other streamers? Axios’s Sara Fischer joins with her thoughts.
Lavrov-Blinken Summit, Neflix earnings, Peloton shares hit
Secretary of State Antony Blinken is meeting with his Russian counterpart, Foreign Minister Sergey Lavrov, today in Geneva, amid tensions around Russia possibly entering Ukraine. We speak with the Financial Times Moscow Bureau Chief about what to expect from the meeting. Plus, Netflix shares are down around $100 per share, on weak subscriber growth and guidance out of the company’s fourth quarter earnings report. We break down the wild drop with Wedbush’s Joel Kulina. And Peloton shares moved below their IPO price after a report from CNBC that the company is halting production of some of its products. We discuss the stock moves and options actions in the shares with Jon Najarian.
Nasdaq in correction, Oil and Russia, Netflix results
The Nasdaq has fallen into correction territory, driven largely by rate and bond fears. We speak with former UK Treasury Minister Jim O’Neill about what investors should be watching with tech and the 10-year. Plus, RBC’s Helima Croft says that many western capitals are now seeing Russia invading Ukraine as a base case scenario. She joins to discuss the risks for the Biden administration regarding sanctions and oil prices. And Netflix reports quarterly results today, and investors are worried about subscriber growth. Jason Weisfeld of Jefferies joins to talk about what he’s watching with the company.
Making Sense of the Market Volatility; Airlines vs. Telecoms: Who's Right in the Battle over 5G?; Movin' Out: The States With the Most Inbound Moves
All-Star traders Jeff Kilburg and Jenny Harrington help explain what's behind the volatility in the markets to start the new year. Plus, former Spirit Airlines CEO Ben Baldanza discusses the dispute between airlines, Verizon and AT&T over the rollout of new 5G wireless service. And, new data on where Americans are moving, and the news may surprise some residents of the Golden State.
Oil and commodities, Bank earnings, Northeast power prices
Oil prices are climbing and climbing, now up after a missile strike against a fuel depot in Abu Dhabi. Amrita Sen of Energy Aspects joins to discuss the geopolitical impacts on oil prices, and Bank of America’s Francisco Blanch joins with his outlook on oil and other commodities for the year. Plus, bank earnings continue today after a disappointing start that brought down the Dow on Friday. RJ Grant of KBW discusses the names he’s watching. And Brian’s RBI focuses on power prices New England, which surged this weekend to 700% more than their levels of two years ago. He breaks down why it’s happening and why it matters.
IEA director, Bank earnings, Covid latest
The Executive Director of the IEA, Fatih Birol, joins in an exclusive interview to discuss global energy demand and the ongoing natural gas crisis in Europe. Plus, bank earnings kick off today, and analysts have low expectations. Stephen Biggar of Argus Research joins with what he’s watching. And we discuss the latest in COVID-19 hospitalizations with Dr. Michael Daignault in LA.
Airline earnings turbulence, Fed policy, Private equity goes public
Airline earnings kick off today with Delta reporting fourth quarter results before the bell. Sheila Kahyaoglu of Jefferies joins to discuss whether omicron-related cancellations are impacting demand now along with supply, and how that could impact results. Plus, CPI data showed an increase of 7% year-over-year in December, marking a huge jump in inflation. Priya Misra of TD Securities joins to discuss the Fed’s response, and why she believes they will hike rates right after they end tapering. And for the first time in a long time, a private equity company is going public. Our own Leslie Picker joins to discuss the company, TPG, and what investors can expect.
Post-holiday retail, Congress’ conflicts of interest, Bitcoin’s slump
Retailers are facing their post-holiday slump, as they also face supply chain and staffing issues. SW Retail Advisors’ Stacey Widlitz joins to discuss the space. Plus, our own Ylan Mui has a report on the renewed efforts to restrict Congressional leaders’ ability to own and trade stocks. And Damanick Dantes of CoinDesk joins to discuss the latest slump in Bitcoin and other cryptocurrencies.
Top Former Fed Official Weighs in On Jay Powell's Bid for a Second Term; One Year Later: The Evolution of the Meme Stock "Apes"; The Fastest-Growing Brands By Age Group
Former St. Louis Fed President William Poole discusses whether Jay Powell should be confirmed for a second term as Fed chairman. Plus, how the Reddit crowd has changed the game when it comes to stock and options trading, a year after the "meme stock frenzy". And, a list of the top and fastest-growing brands by age group, from Baby Boomers to Gen Z.
Small business aid, U.S./Russia relations, Rolls-Royce CEO
The SBA has distributed over $13B in grants due to the pandemic, but some small businesses say they’ve been mistakenly denied loans. Our own Kate Rogers investigates. Plus, U.S.-Russia tensions are in focus today as delegations from both countries meet in Geneva. Brian Gardner of Stifel discusses what’s at stake for Biden. And the CEO of Rolls-Royce Motor Cars joins to discuss the company’s recent results and their path to a greener fleet of cars.
EV industry outlook, Meme stock options, Jobs day
Chevy’s new electric pickup sold out just 12 minutes after its announcement at CES, another sign of growing demand for electric cars. Could this be the year of consumers finally adopting electric vehicles? Tim Higgins of the Wall Street Journal joins with his take. Plus, Jon Najarian joins to discuss the options movement in Gamestop and other “meme” stocks, as shares of the first are moving on reports of its development of an NFT marketplace. And it’s jobs Friday, with government payroll data set to be released at 830—but does it matter this month? RBC’s Tom Porcelli doesn’t think so. He tells us why.
Tech wreck, Covid hospitalizations, Moving in and out
Tech has been sinking so far in 2022. We discuss what’s behind the moves. Plus, Covid hospitalizations are spiking. But how do we understand the data? Dr. Michael Daignault, an emergency physician in LA, joins with his thoughts. And Brian’s RBI focuses on the states where people moved to and out of in 2021.
CES 2022, Covid in New Jersey, Market outlook
CES is kicking off, and while things are mostly remote, the headlines are as ambitious as ever. Scott Stein of CNET joins to discuss some of the announcements. Plus, Covid hospitalizations in New Jersey have crossed 5,000 for the first time since May 2020. We speak with University Hospital Newark CEO Dr. Elnahal about what things look like on the ground. And Jeff Kilburg of Sanctuary Wealth joins to discuss what sectors he thinks investors should be exposed to in 2022.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
First trading day of 2022, Airline cancellations, Covid and children
It’s the first trading day of the year, after a strong end for stocks. We discuss where investors can put their money, and Stephanie Link joins us for a recap of how her top Q4 picks have performed. Plus, airline cancellations continue to rack up, with weather and Covid impacting flights and staffing. Our own Leslie Josephs joins for an outlook on the sector. And Dr. Carlos Del Rio of Emory joins to discuss what we know now about the impact of Covid on children.
Final trading day of the year, Tech outlook, Global investing
On this final trading day of the year, we take a look at the best performing stocks and sectors, and discuss the opportunities available in 2022. Joel Kulina of Wedbush and Mark Mahaney of Evercore ISI join us to discuss their top picks in technology for 2022. And J.P. Morgan’s Joyce Chang joins with her outlook on emerging markets, Chinese stocks, and the Japanese economy.
Russia-U.S. relations, Global markets outlook, Banks in 2022
President Biden is set to hold a call with Russian President Putin this afternoon, amid ongoing tensions on the Ukraine border. Fred Kempe of the Atlantic Council joins to discuss what’s at stake in the call, and other geopolitical risks for the U.S. in 2022. Plus, former Goldman Sachs Asset Management Chairman Jim O’Neill joins to discuss his outlook for the global markets in the new year. And financials have been on a tear this year, pushing up even the broader S&P 500 index, but what does 2022 have in store? We discuss the sector with Marty Mosby of Vining Spark and Gerard Cassidy of RBC.
Chinese tech stocks, Commodities outlook, Health care in 2022
Chinese tech stocks have been slammed this year, on fears of regulation and uncertainty out of Beijing. James Liu of Clearnomics joins to discuss why he is still bullish on the sector for U.S. investors, despite regulatory headwinds. Plus, Citi’s Global Head of Commodities Research, Ed Morse, joins Worldwide Exchange to discuss his outlook for the sector. And we discuss the performance of biotech and health care stocks this year, and what to expect from the market next year.
Metaverse outlook, ESG investing, Energy expectations
The metaverse became a hot topic for companies in 2021, but what will it look like in 2022? Tech futurist Cathy Hackl joins Worldwide Exchange with her expectations. Plus, CalSTRS CIO Christopher Ailman joins Brian Sullivan in an exclusive interview to discuss his outlook on ESG investing, and why investing in carbon markets still matters to fighting climate change. And Jeanine Wai of Barclays joins with the firm’s outlook on energy stocks in 2022.
Holiday retail sales, Emerging markets outlook, Air travel troubles
Holiday retail sales jumped over 8% this year compared to 2020, in large part due to e-commerce sales. Refinitiv’s Jharonne Martis joins to discuss the retail sector and the outlook for 2022. Plus, noted emerging markets investor Mark Mobius gives us his thoughts on where to be positioned in the sector in the next year. And former Spirit Airlines CEO Ben Baldanza joins with a look at what’s behind the many airline cancellations that happened over Christmas.
Omicron latest, Small business and holidays, Santa rally
New Jersey saw Covid cases rise 42% in one day due to omicron. Dr. Shereef Elnahal, CEO of University Hospital, Newark, joins with an on-the-ground look at hospital rates. Plus, the holidays are a critical time for small businesses, but have omicron and the supply chain thrown a wrench into revenue? John Stanford of the Small Business Roundtable joins with a barometer of the sector. And we’re coming up on the “Santa Claus rally” period, AKA the last five trading days of this year with the first two of next year. Jeff Kilburg and Delano Saporu tell us what they’re watching in the markets.
Europe Covid restrictions, BBB next steps, Real estate outlook
More countries in Europe are imposing restrictions or lockdowns due to the spread of the new omicron variant. Our own Annette Weisbach joins from Germany with the latest, and we speak with Dr. Uché Blackstock about the latest in the U.S. Plus, Ed Mills of Raymond James joins to discuss whether the Build Back Better bill is really dead, and what its next steps could be. And NAREIT’s Calvin Schnure joins with a real estate and office space outlook for 2022.
Covid in Germany, Market volatility, Omicron’s restaurant impact
Leaders in Germany are set to make post-Christmas decisions about Covid rules, amid the spread of omicron. Our own Annette Weisbach joins from Frankfurt with the latest. Plus, markets have been volatile lately, spooking some investors. Jon Najarian and Michael Farr join with their thoughts on how to calm the waters. And the omicron variant has been impacting New York City restaurants suddenly and harshly. We speak with the Co-Owner of Schnipper’s about what he’s been seeing on the ground.
Omicron latest, Nasdaq tumbles, Crude crunch
Omicron continues to spread across the globe, now being found in 89 countries. Rick Bright of the Rockefeller Foundation joins to discuss the latest and what he is watching as the virus continues to spread. Plus, Nasdaq futures are tumbling—we figure out the factors behind the implied sell-off. And crude oil prices have been sinking. We speak with Energy Aspects’ Amrita Sen about the moves.
Quadruple-witching day, Russia and energy supply, Insider buying
70 million single-stock options are set to be sold today, on this quadruple-witching day for the markets. We take a look at how the moves will impact market divergence. Plus, Russia’s global impact and push into Ukraine could impact the global natural gas market. RBC’s Helima Croft discusses how it’s related to the energy crisis in Europe. And the final insider buying of the year is here! Brian has the top five stocks seeing the most action this week.
Fed recap, Farmer sentiment, Natural gas prices
Stocks were higher on the Fed’s announcements yesterday—Brian and Steve Liesman take you through the big key takeaways from the meeting. Plus, farmer sentiment is at an all-year low according to a report from Purdue University. The lead investigator James Mintert of Purdue joins to discuss what’s behind the worries. And European natural gas prices are soaring, again. Brian takes a deep dive in his RBI.
Covid treatments, Tech wreck, Tasty trades
Pfizer recently announced its new Covid treatment is safe and effective at staving off severe disease. Geoff Porges of SVB Leerink joins to discuss the Covid treatments sector and what to expect. Plus, could inflation harm the tech trade? Richard Kramer of Arete joins with his take. And Brian’s RBI focuses on a food-related stock trend in December that investors will want to sink their teeth into…
Apple’s March to $3 Trillion; Why Bitcoin’s Drop May Be Good For Your Tax Bill; Positive News At The Gas Pump
We continue to track Apple’s move towards a $3 trillion market cap, and Jefferies says the stock’s tailwinds are too strong to ignore. Plus, Robert Frank details why the recent big decline in bitcoin and other cryptocurrencies could benefit you come tax time. And, hard data showing gas prices are finally starting to come down.
Shipping delays, S&P records, Investor sentiment
Ships are stuck outside U.S. ports as a glut of shipments come in ahead of the holidays. Our own Lori Ann Larocco joins to discuss the shipping delay data. Plus, could we break the record for the number of S&P 500 all time highs this year? Brian takes a look in his RBI. And Investopedia’s Caleb Silver joins to discuss the recent investor sentiment survey he conducted.
Metaverse bull case, Holiday toys, Insider Buying
Simon Powell of Jefferies joins with the stocks he is watching as companies across tech dive into the metaverse. Plus, the supply chain has been impacting e-commerce and the holiday toy retail space. James Zahn of the Toy Insider joins to discuss his market insights. And Insider Buying is back, with the biggest insider purchase we’ve seen since we started this segment!
Tunneling start-up, Covid latest, NYC rental market
The CEO of boring and tunneling start-up Petra joins to discuss the future of underground infrastructure. Plus, the CEO of University Hospital Newark says that recent news on the omicron variant is leading him to be optimistic—he joins to tell us why. And the New York City rental market is booming, according to a report from Douglas Elliman and Miller Samuel. The CEO of Douglas Elliman brings us the latest data.
Debt limit, Crypto hearing, Diamondback Energy CEO
The House has passed a new debt ceiling plan after long debate. Our own Ylan Mui joins with the latest updates. Plus, crypto executives are on Capitol Hill today for a hearing about regulation. Contributor Brian Kelly joins with what he will be watching. And Brian Sullivan sits down with the CEO of Diamondback Energy at the World Petroleum Congress to discuss emissions and renewables.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Omicron spreads, Chinese tech stocks de-listing, Debt ceiling deadline
The omicron Covid variant is spreading, now being found in at least 17 U.S. states and prompting European governments to enact new restrictions. Our own Julianna Tatelbaum joins from London with the latest, and we speak with MSNBC Contributor Dr. Uché Blackstock about what we know so far. Plus, could Didi’s de-listing decision impact other Chinese tech stocks as well? Our own Eunice Yoon reports on the latest tech wreck due to Beijing. And the U.S. government is reaching a deadline on the debt limit, but should investors care? ABRDN’s Stephanie Kelly joins with her take.
Didi delists, Jobs report amid market volatility, Insider buying
Chinese ride-hailing company Didi is set to delist from the NYSE, amid a crackdown on tech companies from Beijing. Our own Eunice Yoon has the latest from the company. Plus, the November jobs report is out today, but does it matter right now? RBC’s Tom Porcelli tells us why he thinks it does. And Brian’s Insider Buying segment is back, with the top five stocks seeing the most insider action this week.
Market swings, Tech’s ups and down, Food inflation
The market is continuing its volatile week, with futures looking up again after markets finished down yesterday. We discuss how to play these last few months of the year. Plus, the tech sector is broad but has been seeing some volatility in recent days. We speak with Wedbush’s Joel Kulina about which areas of the sector he likes. And food prices have been rising all year. American Farm Bureau’s Veronica Nigh joins to discuss what agriculture producers are seeing and how inflation is impacting the supply chain.
Markets bounce back, Natural gas prices soaring, Omicron latest
Markets look like they will bounce back after a down day yesterday, with Apple being the only tech bright spot in a sea of red. We discuss how investors should play this final month of 2021. Plus, natural gas prices are soaring again in the U.K. and Europe as winter is on the way. Brian takes a look in his RBI. And top-rated biotech analyst Matthew Harrison of Morgan Stanley joins to discuss Merck’s latest Covid-19 treatment, vaccine efficacy, and the latest in the omicron Covid variant.
Will OPEC+ Hit Pause on Increasing Output Due to Omicron Variant?; Top Doctor Says Don't Forget About Importance of Vaccinating Against Delta Variant; How Will the Markets View Omicron by Year-End?
Amina Bakr of Energy Intelligence discusses OPEC's potential options ahead of the group's next meeting on Thursday. Plus, Dr. Carlos Del Rio of Emory University stresses the importance of continuing to test for and vaccinate against the Delta variant, while we still learn more about Omicron. And, the results of a "flash poll" by Deutsche Bank about what the impact investors say Omicron may have on the markets by the end of the year.
First doctor to spot the omicron variant, Markets rebound, Oil’s steep losses
Dr. Angelique Coetzee of the South African Medical Association joins the program, one of the first doctors to spot the new omicron Covid variant. She discusses the scene on the ground in South Africa and the currently mild symptoms they are seeing from the new variant. Plus, markets are rebounding after seeing their worst day since October of 2020. We take a look at whether investors should be optimistic. And oil fell on Friday, making it one of the worst days for the commodity since the early days of the pandemic. RBC’s Helima Croft joins to break down the price movements and what else to expect.
Global Markets Under Pressure On Worries Over New Covid Variant; Scenes From the Mall: The View From a Luxury Mall Owner; Top Insider Buys of the Week
Expert analysis from UBS’ Mark Haefele as global markets tumble over fears of a new COVID variant discovered in South Africa. Plus, the president of luxury mall developer & owner The Forbes Company on retail trends this holiday season. And, our exclusive look at the top executive stock purchases at some well-known companies, including a market leader in sports betting.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
End-of-year targets, Zoom earnings, Air travel picking up
Wall street firms are putting out their end-of-year targets for the S&P 500. We discuss the largely bullish sentiment. Plus, Zoom earnings beat expectations but a low growth forecast is sending the stock down. Wedbush’s Joel Kulina joins to discuss why he’s still bearish on the stock. And Brian’s RBI focuses on how air travel is picking up ahead of the holidays.
Holiday market tailwinds, Fed head nomination, Thanksgiving food inflation
Data shows that the shortened trading week of Thanksgiving is historically good for stocks. We take a look at what to expect in the markets as the year wraps up. Plus, President Biden is expected to announce his nomination for Fed Chair in the coming days. Former Kansas City Fed President Thomas Hoenig joins with his expectations. And food prices are rising this year—could it impact what your Thanksgiving dinner table looks like? The President of Stew Leonard’s grocery joins with an on-the-ground look.
Retailers & Shoppers Get An Early Start on the Holidays; Many Industries Are Counting On A Rebound in Business Travel; Return of the Power Lunch!
Dana Telsey discusses how retailers are trying to stay on top of supply chain issues, and which chains are set to win this holiday season. Plus, PwC has crunched the number on progress being made in the return of business travel. And, do you have lunch plans? Robert Frank says if you're a power player in New York, you probably do.
A View From One of the World's Biggest Oil & Gas Conferences; Sectornomics: Tracking the Top Trades in Tech; A Retail Veteran Weighs In on the Health of the Consumer
RBC's Helima Croft gives us the pulse of the energy industry from the ADIPEC conference in Abu Dhabi, as the U.S. ramps up pressure for OPEC and others to lower oil prices. Plus, Jared Weisberg of Jefferies discusses the big moves in some niche areas of the tech sector. And, former Sears CEO and Abercrombie chairman Arthur Martinez weighs in on the new retail strategy by Target, Walmart and others to absorb, rather than pass on higher costs to customers.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
What Investors Should Take Away from President Biden's Meeting With China's Xi; Are Consumers Still Confident Heading Into the Holiday Shopping Season?; Your Chance to Join the Exclusive Club of NFL Owners
Longview Global's Dewardric McNeal discusses the investment implications from President Biden's first face-to-face meeting with China's Xi Jinping. Plus, Jharonne Martis of Refinitiv details what to expect from the big retailers as we head into the holiday season, and whether consumers are still feeling as confident in their finances. And, how you can buy a piece of an NFL team -- the Green Bay Packers are selling shares in the franchise for the first time in a decade.
Betting On Big Returns From Infrastructure Stocks; What Crypto Investors Gain From a Major Upgrade to Bitcoin; Watching Wild Moves in Crypto Assets and NFTs
Kathryn Thompson of the Thompson Research Group on which companies that make building and road materials will benefit most from the new infrastructure package. Plus, Mark Yusko of Morgan Creek Capital Management discusses what the big Taproot upgrade will do for Bitcoin and other cryptocurrencies. Plus, Jon Najarian is keeping his eye on wild options moves in the crypto market and for NFTs.
COP26 wraps up, Bitcoin as an inflation hedge, Build Back Better and renewables
The COP26 climate conference wraps up today, and some draft agreements are coming through regarding countries’ emissions goals. Diana Olick joins from Glasgow with the takeaways from this year’s conference. Plus, is Bitcoin a hedge against inflation, like gold? Noelle Acheson of Genesis joins with her take on the debate. And $555 billion will be allocated towards clean energy technology and investment in the Build Back Better plan moving through Congress. James West of Evercore ISI joins to discuss the implications for investors in the renewables sector.
UK retail sales, Disney earnings, Secretary Rick Perry
UK retail sales are booming as things get back to normal in the region. Stacey Widlitz of SW Retail Advisors joins to discuss the trends. Plus, Disney earnings disappointed analysts, but Bank of America’s Jessica Ehrlich is still bullish on the stock. She explains why. And former U.S. Energy Secretary Rick Perry joins to discuss the state of the global energy crisis, and the role of the U.S. in energy production.
Buy now, pay later, Cheniere CEO, Inflation
The buy now, pay later market is red hot right now. The CEO of Zilch joins to discuss how his company stands out in the increasingly crowded space. Plus, the CEO of Cheniere Energy joins to discuss the global energy crisis and how LNG can play a role in solving the problem. And Brian’s RBI focuses on a report from Nordea that U.S. inflation hasn’t peaked yet.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Europe energy crisis, Washington week ahead, Supply chain backlog
Brian Sullivan hosts the show from London this week, reporting on the energy crisis in the UK and Europe and what Britons can expect this winter. Plus, Andy Blocker of Invesco joins with his thoughts on the week ahead in Washington, and what investors should be watching. And the supply chain backlog is continuing—Michael Tran of RBC Capital Markets joins with the data on just how historic these issues have become.
Climate goals, Jobs Friday, Insider Buying
A new report out from FTSE Russell shows that many countries’ Nationally Determined Contributions to climate change may be falling short of the Paris Climate Agreement. The CEO of FTSE Russell joins from Glasgow to discuss. Plus, the October jobs number is out today. RBC’s Tom Porcelli joins with his expectations. And Insider Buying is back—Brian brings you the top five stocks seeing the most insider purchasing action this week.
Sustainability in Formula 1, Natural gas deal, Top performing stocks
Formula 1 is aiming to bring sustainability to motorsport, with a goal to be carbon net zero by 2030. Chief Technical Officer Pat Symonds joins to discuss how the new 100% sustainable fuel will bring them to their goal. Plus, the CEO of Venture Global LNG, Mike Sabel, joins after the company’s announcement of a purchase deal with China’s Sinopec, the largest long-term supply deal in history. And Brian’s RBI highlights the ten stocks that have more than doubled this year.
Holiday travel, Governors races, Commodity prices
Americans are planning to travel this holiday season in big numbers. Seema Mody has the latest on price increases and travel restrictions. Plus, surprises out of the Virginia and New Jersey elections—AEI’s James Pethokoukis joins with his takeaways. And analyst Jack Scoville explains the impacts of the recent increase in a wide range of commodities prices.
Are $120 Oil and $5 Gas On the Horizon?; Why Global Coal Production and Demand May Never Peak; One-on-One With Billionaire Investor and Hollywood Mogul Thomas Tull
Top energy industry watcher Clay Siegle of Vortexa says it's not out of the question that oil could reach $120 a barrel, pushing prices at the pump to at least $5 a gallon by next summer. Plus, global coal demand and production continues to set new records every year, and China is a big factor behind the increase. And, we sit down with billionaire investor Thomas Tull, the head of studio Legendary Picture and part-owner of the Pittsburgh Steelers, to discuss investing, China and why America potentially faces a lost generation of young men.
COP26, Tesla call action, Where people are quitting
World leaders are meeting in Glasgow, Scotland for COP26 to discuss global climate policy. Diana Olick and Julianna Tatelbaum report from the conference. Plus, Tesla‘s stock has passed a $1 trillion valuation, and call options may be behind some of the movement. Susquehanna’s Chris Murphy lays out what’s happening in the options. And Brian’s RBI focuses on the states with the highest and lowest rates of people quitting their jobs.
Secretary Yellen, Tech earnings misses, Energy crisis
Treasury Secretary Janet Yellen joins the program from the G-20 conference in Rome, to discuss inflation, the Biden agenda, and the state of the supply chain. Plus, Apple and Amazon both disappointed on earnings. Wedbush’s Joel Kulina joins to discuss whether investors should be worried. And the CEO of CNX Resources joins to discuss the global energy crisis and what Americans should expect this winter.
Big tech earnings, Trending, Oil conference
Apple and Amazon round out this season’s big tech earnings today. Chris Caso of Raymond James and R5’s Scott Mushkin join to discuss what to expect. Plus, trending stories today include a toothpaste designed for orange juice, and the most expensive cask of whisky ever sold at auction. And Brian joins us from an oil conference that could bring important conversations about the climate impact of big oil.
Tech earnings, Robinhood results, Inflation expectations
Google and Microsoft posted strong quarterly earnings. Loup Ventures’ Gene Munster breaks down what went well for the tech giants. On the other hand, Robinhood’s quarterly results sent the stock tanking below its IPO price. Devin Ryan of JMP Securities discusses what went wrong. And Brian’s RBI focuses on his Twitter poll asking viewers when they think inflationary prices will subside.
Big Money From Venture Capital Flowing Into ESG Investments; The Continued Push to Get Americans Vaccinated; The Impact of Apple's Privacy Changes on Online Ad Giants
A one-on-one with a former Google executive turned venture capitalist on where she's seeing opportunity in ESG right now. Plus, A key FDA advisory panel meeting today on authorizing COVID vaccines for young kids, and what one hospital CEO is doing to help. And, an analyst's take on how the new privacy changes to Apple's iOS are hitting the bottom lines of tech giants Facebook, Twitter and Alphabet.
Digicel chairman, Microsoft hack, Vaccine mandates
The Founder and Chairman of telecom company Digicel joins on the announcement that the company is selling its Pacific assets to Australia’s Telstra. Plus, Microsoft has revealed that it identified another wave of attacks by Russian intelligence. Our own Eamon Javers has the story. And Hackensack Meridian Health’s Robert Garrett joins to discuss the state of vaccine mandates in the U.S.
Snap shares, Chip crunch, Consumer discretionary names
Shares of Snap are sinking on news that the company’s advertising business was disrupted by privacy changes introduced by Apple earlier this year. Clockwise Capital’s James Cakmak joins with his take. Plus, Intel earnings showed that the company can’t keep up with PC and chip demand. Raymond James’ Chris Caso joins to discuss whether the miss has to do with the broader industry chip crunch. And Jon Najarian joins to discuss the consumer discretionary names he is watching, amid the strength of the consumer today.
Bitcoin ETF, Tesla earnings, Airline earnings
A new Bitcoin futures ETF has started trading. We speak with the head of crypto exchange Kraken to see what the impact of the ETF will be. Plus, Tesla reported record earnings, but can the company combat the many headwinds it’s facing? CFRA’s Garrett Nelson joins with his take. And Jefferies’ Sheila Kahyaoglu joins to discuss this season of airline earnings and what to expect from today’s reports.
Investor sentiment, Tech earnings, Saudi Investment Minister
Investopedia’s Caleb Silver joins with the site’s latest investor sentiment survey, showing where people are seeing bubbles right now. Plus, Netflix reported bullish quarterly results—Wedbush’s Joel Kulina discusses the quarter and looks ahead to Tesla earnings. And Brian sits down with the Saudi Investment Minister at the Mullen Conference to discuss the global transition to renewable energy.
A Leading VC Firm on Investing in the Future of Health Care; Will the First U.S.-Listed Bitcoin ETF Open the Floodgates to Dozens of Other Funds?; Pent-Up Demand for Live Events: One-On-One with the CEO of Vivid Seats
We speak with Antoine Papiernik of European venture capital firm Sofinnova Partners about the closing of a new $550 million health care fund. Plus, Ian Balina of Token Metrics discusses what the first U.S.-listed Bitcoin futures ETF means for mainstream adoption of the cryptocurrency. And, the CEO of online ticket marketplace Vivid Seats on the company going public via a SPAC deal, and the state of the live events industry amid the pandemic.
China’s lower-than-expected GDP, Oil prices rising, Bitcoin and Square
China reported lower-than-expected GDP in its third quarter, as the economy continues to show a slowdown. Eastspring’s Sarah Lien joins to discuss why she is still bullish on investing in the country. Plus, oil prices continue to rise, and Again Capital’s John Kilduff says that strike prices and OPEC are partly to blame. He joins to discuss. And our own Mackenzie Sigalos joins with her news that Jack Dorsey may be getting into Bitcoin mining.
Supply chain issues, Moderna vaccine, Workers walk out
Supply chain congestion is continuing. Our own Lori Ann LaRocco highlights the big box retailers being impacted. Plus, an FDA advisory panel has voted unanimously to recommend a booster shot for people who received the Moderna vaccine. Emory’s Dr. Carlos Del Rio joins to discuss whether it’s necessary. And Brian’s RBI focuses on how recent strikes and labor movements are part of the broader jobs market story.
Battery CEO, Bank earnings, Inflation
The CEO of FREYR Battery joins to discuss the role that batteries and renewables can play in solving the global energy crisis. Plus, bank earnings continue this week—Anton Schutz of Mendon Capital Advisors joins to talk about what he’s watching. And commodities and goods have been seeing price increases all year. Brian highlights what’s been moving the most in his RBI.
Blue Origin and William Shatner, Delta results, Energy crisis
William Shatner is set to head for space today on Blue Origin’s New Shepard. SpaceX Founding Member Jim Cantrell joins to talk about the significance of today’s launch and what the new space race looks like. Plus, Delta reports quarterly results today, the first of the airlines to do so. Cowen’s Helane Becker joins to talk about the sector. And the former EVP of Saudi Aramco joins to discuss the state of the global energy crisis as energy week meetings kick off in Russia.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Debt ceiling bill, Ireland tax rate, Fertilizer prices
All eyes are on Washington this week as the debt ceiling bill is debated. Tina Fordham of Avenhurst joins to discuss what investors should watch out for. Plus, Ireland has raised their corporate tax rate to 15% from 12.5%. IDA Ireland’s Martin Shanahan joins to discuss what the new paradigm will look like. And fertilizer prices are hitting new record highs. Brian’s RBI focuses on how and when the increase could impact consumers.
Natural gas supply, Tesla headquarters, Job report preview
The CEO of EQT, the largest natural gas supplier in the U.S., joins to discuss the state of the global natural gas crisis. Plus, Tesla made news saying its new headquarters would be based in Texas. Our own Phil Lebeau joins with more. And the September jobs report is due out at 8:30am today. RBC’s Tom Porcelli joins with his predictions.
Europe’s energy crisis worsens, Tesla outlook, Bitcoin latest
The energy crisis is continuing in Europe. We take a look at the price increases in electricity, and how the crisis could impact consumers. Plus, Tesla’s annual meeting is today—we speak with Wedbush’s Dan Ives about what to expect from the company. And the FDIC is reportedly looking into whether stablecoins could be considered for deposit insurance coverage. We speak with Genesis’s Noelle Acheson about what the news could mean for cryptocurrencies going mainstream.
Global energy crisis, China-Taiwan tensions, Facebook under fire
The growing global energy crisis could be one of the biggest economic stories right now. Brian highlights why in his RBI and speaks with Bank of America’s Francsico Blanch about the impact. Plus, China sent a record number of military planes over Taiwan, escalating tensions. We speak with Fmr. U.S. Trade Representative Jeff Moon about the global impact. And Facebook is under fire after a recent testimony about its impact on users and its algorithm. Clockwise Capital’s James Cakmak joins to talk about why he still likes the stock.
The Fight Against COVID-19: Progress Being Made to Develop New Treatments; Illy Cafe CEO on Surging Coffee Prices; What Teens Are Spending On: Surprising Results from Piper Sandler's Survey
Noted biotech and pharma analyst Matthew Harrison of Morgan Stanley discusses which companies may be next to bring a promising COVID treatment to market after Merck. Plus, the CEO of coffee giant Illy Cafe weighs in on whether higher commodity prices may need to be passed on to the consumer. And, Erinn Murphy of Piper Sandler reveals the latest results from the firm's "Taking Stock with Teens" survey, including which apparel maker is at the top of teen's spending lists.
China Evergrande, OPEC expectations, Covid cancer screening impact
China Evergrande has been halted, as the company faces the fallout of its massive debt payment. Brian digs into the debt and the company’s assets in his RBI. Plus, OPEC has another meeting today, and natural gas could be at the forefront of the conversation. RBC’s Helima Croft joins with what to expect. And the CEO of Hologic, Steve MacMillan, joins at the start of Breast Cancer Awareness month, to discuss his company’s Global Women’s Health Index, and how the Covid pandemic has impacted cancer screenings for women around the world.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Facebook & Instagram Under Fire: What Lawmakers Want to Hear From the Company Today; Honda Takes to the Skies With Plans for a Vertical Takeoff & Landing Vehicle; Go Big Or Go Home: Richard Saperstein's Best Ideas for Q4
The Director of Research at the Oxford Internet Institute discusses what Facebook can say during today's Senate hearing to appease lawmakers angered by data showing Instagram is harmful to teens. Plus, Honda is known for its affordable and reliable cars. But now, the automaker wants to test the waters in a new market to hopefully fly above the competition. And, Go Big Or Go Home: Treasury Partners' Richard Saperstein gives his best investment ideas for Q4.
DC Drama and the Potential Market Fallout; Making Sense of the Tumble in Tech Stocks; Go Big Or Go Home: Cate Faddis' Best Ideas for Q4
Ed Mills of Raymond James on the odds of Congress reaching a deal to fund the government and raise the debt limit, and the potential fallout from failure or inaction. Plus, top internet analyst Mark Mahaney helps us make sense of the tech-led market selloff, and whether investors should wait for the dust to settle to get back in. And, Go Big Or Go Home: Cate Faddis of Grace Capital lays out her best ideas for Q4, including a pair of cybersecurity plays.
The Ripple Effect of the UK Gas Shortage; The Real-World Impact of Soaring Nat Gas Prices Across the Atlantic; Go Big Or Go Home: Katie Stockton's Best Ideas for Q4
The CEO of the British Ports Association discusses how a shortage of truck drivers is not only impacting gasoline supplies, it's also creating a bottleneck at the UK's ports. Plus, why natural gas prices are astronomically higher in Europe vs. the United States, and the real-world impact. And, Go Big Or Go Home: Katie Stockton of Fairlead Strategies delivers some of her best investment ideas for Q4 and into 2022.
A Critical Week Ahead for Congress and the White House; Top Performers Among the Top Insider Buys; Go Big Or Go Home: Jenny Harrington's Best Ideas for Q4
Former Senator Heidi Heitkamp discusses whether Congress will be able to pass the infrastructure bill and funding for the federal government this week. Plus, the top-performing stocks in our series on the top insider buying by company executives. And Go Big Or Go Home: top stockpicker Jenny Harrington of Gilman Hill Asset Management gives us some of her best ideas for Q4, highlighting big dividend payers.
Should Nike Consider Moving Its Supply Chain to the U.S.?; The Top Insider Buys This Week; Go Big Or Go Home: The Panel Defends Their Picks
Retail analyst Stacy Widlitz discusses Nike’s supply chain woes, and whether that could prompt the company to relocate some of its production to the U.S. Plus, we detail some of the biggest executive stock purchases of the week, including a massive insider buy at a well-known retail chain. And, Go Big Or Go Home: Hightower’s Stephanie Link, Howard Capital Management’s Vance Howard, Matrix’s David Katz and Piper Sandler’s Craig Johnson weigh in on and defend their best stock ideas for Q4.
CalSTRS CIO Weighs in on the Fed, Stocks and Bonds; Cashing In on a Massive Wall Street Bet; Go Big Or Go Home: Craig Johnson's Best Ideas for Q4
CalSTRS CIO Chris Ailman gives his exclusive take on the Fed, possible rate hikes and the state of the markets and economy. Plus, RBC Capital Markets' Amy Wu Silverman discusses a big bet on the options market by a trader in recent days. And our special series "Go Big Or Go Home" continues with some of the best ideas for Q4 from Piper Sandler's Craig Johnson.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
September sell-off, Evergrande and China, Vaccine boosters
Markets are down a lot today, after ending their third down week in a row. We kick off our week-long markets special with Stephanie Link, who has some names to watch heading into Q4, amid the volatility. Plus, some of the movement may be coming from Asia, where China Evergrande is set to default on a debt payment worth billions of dollars and is dragging the Hang Seng down with it. Our own Eunice Yoon joins to break down what’s happening. And A member of the FDA advisory panel that recommended booster doses only for those 65 and older joins to discuss his vote.
Inflation fears, Vietnamese shipping delays, Covid vaccine boosters
We speak with CNBC Contributors Tiffany McGhee and Kari Firestone about where to put your money amid fears of rising inflation. Plus, as Vietnam emerges from lockdown, companies doing business there are facing port congestion and shipping delays. We get a report from our own Lori Ann LaRocco. And an FDA Advisory panel meets today to discuss approval for Pfizer’s Covid booster shot. Emory’s Dr. Carlos Del Rio joins with his expectations.
Toy supply chain, Natural gas prices, Renewables and SPACs
The toy supply chain is strained, ahead of what looks to be a tight holiday shopping season. James Zahn of The Toy Insider joins to discuss the situation. Plus, natural gas prices are showing a parabolic move upwards. Saxo Bank’s Ole Hansen joins to discuss the factors, and the impact to industry and consumers. And Phyllis Newhouse, CEO of Athena Technology Acquisition Corp, joins us to discuss her SPAC merging with renewables company Heliogen.
China casino stocks, Sell thesis, Tech talk
Casino stocks in China are taking a huge hit, on renewed fears about a crackdown. Our own Eunice Yoon joins with more. Plus: knowing when to sell a stock can be just as important as knowing when to buy. Capital Wealth Planning’s Kevin Simpson joins to discuss his sell thesis and rules for his portfolio. And Apple, Microsoft, and Facebook are all out with big news today. Wedbush’s Joel Kulina joins to discuss the three stocks.
Hurricanes, Supply Disruption and COVID Could Continue to Impact Oil Prices This Year; Can the Democrats Keep Their Members in the Fold to Pass President Biden's Budget Bill?; Will Apple's Stock Get a Boost From the New iPhone 13?
RBC Capital Markets' Helima Croft discusses whether consumers and companies will see any relief from rising oil prices this year and into 2022. Plus, Andy Blocker of Invesco runs through what investors need to watch out of Washington, as Congress debates the top items on President Biden's agenda. And, Alex Kantrowitz highlights what to expect from Apple's fall hardware event, and whether the new products will boost the stock.
Florida Covid latest, DC spending, Amazon and NFL
The CEO of Jackson Health System in Florida joins the program to discuss the latest in the state for Covid vaccinations, hospitalizations, and the back-to-school months. Plus, our own Ylan Mui joins to discuss the latest in DC regarding spending bills and taxes. And Amazon is looking like the front-runner for the NFL Sunday Ticket deal—our own Alex Sherman joins with the latest.
State of small business, Natural gas prices, 9/11 long-term illnesses
John Stanford of the Small Business Roundtable joins to discuss their latest report with Facebook about the state of small business and the path to economic recovery. Plus, natural gas prices are spiking—we speak with Rystad’s Emily McClain about how it could impact you. And on the eve of the 20th anniversary of the 9/11 attacks, our own Ylan Mui joins with a report on the first responders who suffered lifelong illnesses from that day, and where they’re getting help.
Natural Gas prices flare, ECB meeting, Macro market risks
Natural gas prices are rising, due to a huge number of factors all happening at once. Brian breaks down what’s happening. Plus, the ECB is set to make some possible big decisions today—Gina Sanchez of Chantico Global lays out what to expect. And Brian takes a look at what viewers think are the biggest macro risks right now to the market rally.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
DC’s September agenda, College football, Crypto latest
Congress has a lot on its plate as we head into the fall. We speak with Jim Pethokoukis about what investors should expect. Plus, college football is back and so are the fans. Brian speaks with Jeff Kilburg about the games. And El Salvador is the first country now to offer Bitcoin as legal tender. We discuss what it means with Noelle Acheson.
Alcohol trends, Box office weekend, China economy
Pernod Ricard posted strong full year results, as bars are reopening while consumers continue to buy alcohol for home consumption. North America CEO Ann Mukherjee joins us to discuss the state of the industry. Plus, Labor Day weekend is not typically a strong one for the box office, but this year could look different. Comscore’s Paul Dergarabedian joins to talk about what to expect. And data out of the Chinese economy shows that it might be slowing. We speak with contributor Dewardric McNeal about the numbers.
Ida in the Northeast, Scary September, NYC real estate comeback
Ida has caused flooding and storms in the Northeast. We check in with Contessa Brewer and Bill Karins about the aftermath in New York, New Jersey, and beyond. Plus, September is historically a bad month for stocks, but could this year be different? LPL’s Ryan Detrick joins with some historical precedent. And a new report from Douglas Elliman and Miller Samuel shows that NYC real estate may be making its comeback. The CEO of Douglas Elliman joins to discuss.
September stocks, Oil, Crypto survey
It’s been a banner year for stocks, but historically September brings bad tidings for the markets. We speak with three market watchers about what they expect from the month and the rest of the year. Plus, OPEC+ meets today to decide on oil output. We get a check on the commodity. And Investopedia has a new cryptocurrency survey that shows that investors are looking for names outside of Bitcoin. We speak with Editor-in-Chief Caleb Silver about the results.
Louisiana Begins the Long Recovery Process After Hurricane Ida; The Real Factors That May Be Holding Back Hiring; A New Report on the State of the Restaurant Sector
A former top FEMA official discusses the recovery process for Louisiana and the Gulf coast in the wake of Hurricane Ida. Plus, Mark Zandi of Moody's Analytics talks about whether enhanced unemployment benefits are hurting companies' abilities to find new workers. And, new stats of the state of the restaurant sector, and how one Philadelphia restaurant owner is leaning into the new paradigm of takeout and delivery.
Ida latest, Afghanistan evacuations, Covid-19 booster shots
Ida has been downgraded to a tropical storm, but areas have still felt the damage, and power has gone out for entire cities. We discuss the impact on the energy sector and what to watch out for. Plus, evacuations continue in Afghanistan after a U.S. drone strike in the country. We discuss the latest with the former Assistant Homeland Security Secretary. And the timeline for Covid-19 booster shots are in question, as the CDC ACIP committee meets today to discuss its recommendations. We speak to a committee member about her thoughts.
Jackson Hole expectations, Ida landfall, Afghanistan latest
The annual Jackson Hole conference continues virtually today, with Fed Chair Jerome Powell set to speak later this morning. We discuss how the markets could react. Plus, Tropical Storm Ida is set to make landfall this weekend—we get the latest from our own Bill Karins. And we discuss the fallout from the attacks in Afghanistan, and how the international community will be impacted.
Jackson Hole kicks off, Renewed renewable interest, Discount stores on the rise
The annual Jackson Hole summit kicks off today, as the Federal Reserve’s big question is the state of inflation. We discuss what to expect with our own Steve Liesman. Plus, extreme weather is leading consumers to an increased interest in renewable energy, particularly solar. Our own Pippa Stevens joins with the names and numbers to watch. And discount stores like Dollar General and Dollar Tree have grown in popularity amid rising inflation. We talk about the sector with Refinitiv’s Jharonne Martis.
Cyber Summit, M&A updates, Nasdaq’s big run
Our own Eamon Javers joins to discuss the Cybersecurity summit happening today, which will host the CEOs of big tech companies. Plus, we get an update on the M&A world and expectations for 2021, from EisnerAmper CEO Charles Weinstein. And the Nasdaq has had a huge run up lately—Brian’s RBI focuses on data from Bespoke that shows the index may be due for a pullback.
Worldwide Exchange 08/24/2021
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Afghanistan and Congress, Henri latest, S&P’s record run
We take a look at the economic impact of a divided Congress, and the bills passing through legislature right now amidst the fallout in Afghanistan. Plus, Hurricane Henri has hit the Northeast, and it’s not over yet—we look at what to expect. And the S&P has had a record run, with highs not seen since 2016! We talk to some market watchers about what to do with your money.
Tesla’s new robot, Port troubles, EV road trip
Tesla announced a new humanoid robot at its AI Day event. We break down that and the other highlights with The Verge’s Andrew Hawkins. Plus, a major Chinese port has been shut down after a positive Covid case. We discuss the global impact. And Brian has a highlight from his California trip that he took in an electric car!
Ed tech, Housing market, Used car market
As kids go back to school, ed tech could be filling the learning gaps caused by the pandemic. The CEO of Houghton Mifflin Harcourt joins to discuss investment in learning tech. Plus, the housing market has been hot, but could it be slowing down? We take a look. And Brian dives into another hot market right now—used cars. Could there be signs of cooling? He looks at the data in his RBI.
Rare mineral mining in Afghanistan, Retail earnings, Highest paid executives
We take a look at how the political turmoil in Afghanistan will impact rare mineral mining in the country, and what the ripple effects could be. Plus, it’s a big week for retail earnings—we speak with Refinitiv’s Jharonne Martis about what to expect. And Brian’s RBI focuses on the top six highest paid executives in 2020.
Are Americans Still Shopping? What to Expect from Big Retail's Earnings Reports; How To Play the Market Tug-of-War Between Reopening and Stay-At-Home; A Year Later...Is New York City Really Dead?
UBS' Michael Lasser previews what to expect from the big retailers reporting earnings this week, starting with Walmart and Home Depot. Plus, Kari Firestone discusses whether the markets can continue to grind even higher, and which stocks from the reopening and stay-at-home sectors still offer opportunity. And, one year after a headline rocked the Big Apple and other major cities during the pandemic, Robert Frank revisits whether New York City is really "dead".
Taliban takes Afghanistan, Covid testing and hotspots, Retail earnings
The U.S. is preparing to send 1,000 more troops to Afghanistan as the Taliban continues its takeover of the country. Our own Dan Murphy takes us through what’s happening on the ground. Plus, as people return to the office and to schools, Covid testing is becoming critical—we speak with the CEO of one testing company about what they’re doing to prepare. And the CEO of Houston Methodist Hospital joins us with a look at what’s happening in Texas, as hospitalizations in the state surge. And it’s a big week for retail earnings and back to school season is kicking off—Stacey Widlitz joins us with her take on the space.
Disney’s blowout earnings, Hawaii Covid update, Shipping rates
Disney posted a blowout third quarter earnings report, with streaming and parks in focus. CFRA’s Tuna Amobi joins to break down the quarter. Plus, Hawaii is seeing a surge in Covid cases, and reinstating some restrictions. We speak with the Lieutenant Governor about how things look on the ground. And shipping rates are spiking—Jefferies’ Randy Giveans joins to talk about why.
Restaurant return, NJ Covid latest, Oil production
NYC restaurants will soon require vaccination status to seat people indoors. We speak with Chef Eric Ripert about how that will impact the industry, and how he views the city’s comeback. Plus, New Jersey is seeing a surge in Covid cases despite being one of the most highly vaccinated states. We speak with University Hospital CEO Dr. Shereef Elnahal. And President Biden is calling on OPEC countries to increase production, but the CEO of American Petroleum Institute calls that “outrageous.” We find out why.
Investor sentiment, Coinbase earnings, Covid latest
Investopedia is out with their latest survey on investor sentiment. Editor in Chief Caleb Silver joins to talk about where readers’ heads are. Plus, Coinbase reported stellar earnings—we speak with Cleo Capital’s Sarah Kunst about what it means for the company long-term. And We discuss the latest in the Covid pandemic with Dr. Kavita Patel of Brookings.
A Check On the Health of the Hybrid Workplace; COVID Cases Remain on the Forefront of Wall Street and Washington's Radar; What One Maker of a Key Building Material is Saying About the Future of Housing Demand
The CEO of Avaya discusses making it possible to work from home, the office or anywhere else in the world effectively. Plus, Dr. Devi Nampiaparampil talks about the latest in the fight against COVID, and another respiratory virus that's seeing an increase in cases just as kids are set to go back to school. And, the CEO of James Hardie Industries discusses the shortage of available homes on the market, and whether that also means a shortage of key building materials like cement.
DC latest, Crypto’s moves, Fed tapering
The infrastructure bill is in focus in DC. We speak with PIMCO’s Libby Cantrill about what investors should expect. Plus, Bitcoin and Ether have been hot recently. We discuss where the best investment opportunities lie. And the Fed may be in the process of tapering…but is that bad for markets? We ask contributor Jeff Kilburg about his thoughts.
Jobs report lookahead, Robinhood options action, Tax cuts
The government jobs report is out today at 830—we talk about what to expect and how investors can play the markets before and after. Plus, investors have been buying puts and calls in Robinhood stock, leading to some volatility. We speak with Susquehanna’s Chris Murphy about how big the options impact will be. And states didn’t expect tax cuts after this pandemic year, but they’re getting them—our own Ylan Mui has the numbers.
Vaccine distribution, Casino stocks, Insider buying
The chief operations officer of a Louisiana-based vaccine distributor joins us to discuss how demand for doses has increased in the past months. Plus, an analyst from Jefferies is on to talk about two gaming stocks he sees as buys. And Insider Buying is back! Brian has the top five stocks seeing the most insider action this week.
Covid latest, Bitcoin and taxes, Market highs
Lots of Covid policy updates have been evolving over the past 24 hours. We speak with Emory’s Dr. Carlos Del Rio about the impact. Plus, some people might be able to pay less in taxes on crypto after new regulation. Robert Frank has the latest. And certain market sectors continue to hit highs despite broader uncertainty. Our market panels weigh in on where to be positioned.
The Odds of the SEC Finally Approving a Bitcoin ETF; Scenes From The Mall: Projecting Winners & Losers from the Back-to-School Season; Narrowing the Pay Gap For Black Women in America
Noelle Acheson of Genesis Trading discusses the chances the SEC will sign off on a Bitcoin ETF, and the broader implications of the decision on the crypto industry. Plus, Former Target Vice Chairman and Toys "R" Us CEO Jerry Storch says if anyone wants to bet against the resilience of the consumer, he's willing to take the other side of that trade every time. And, CNBC's Sharon Epperson discusses the persistent pay gap for Black women, including in jobs that have been essential during the pandemic.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Used car market, Big oil earnings, Amazon results
The used car market is red hot right now. The President of Sonic Automotive, the nation’s fourth largest car retailer, joins to discuss the space. Plus, Chevron and Exxon earnings are out today, and the big news around the stocks have always been their dividends. We speak with JPMorgan’s Phil Gresh about his expectations. And Amazon results were big, but investors were less than impressed and brought down the stock. Loup Venture’s Gene Munster joins with his take.
Social media struggles, Robinhood IPO, China calms investors
Facebook earnings revealed that there could be a battle going forward between Apple and all of social media. Wedbush’s Dan Ives joins to discuss. Plus, trading app Robinhood begins trading on the Nasdaq today as a public company. We speak with former E*Trade CEO Karl Roessner about what it means for the brokerage industry. And China is trying to quell investors’ fears after the country’s crackdown on tech companies. Our own Eunice Yoon has the details.
Travel rebound, Big tech earnings, The 2021 IPO curse
Travel booking is making its comeback. We speak with the CEO of booking platform Sonder about what the company is seeing. Plus, big tech earnings beat expectations, big-time. We talk about the results and what to expect from Facebook. And there has been a slew of IPOs this year, but a lot of their performance seems cursed. Our Leslie Picker has the details.
Securing Supplies of the World's Most Critical Elements is One of the Most Bipartisan Efforts in America; What to Expect from Mega-Cap Tech Earnings; China's Motivation for Cracking Down on its Homegrown Industries
Brian Sullivan visits America's only operating rare earth mineral mine, to see what's changed in the supply and processing of these critical elements. Plus, Tim Lesko of Granite Investment Advisors highlights what investors need to hear from tech giants Apple, Alphabet and Microsoft when they report earnings. And, Dewardric McNeal of Longview Global says nearly every tech company summoned to a meeting with the Chinese government last fall has now come under some type of regulatory action.
Market volatility, Tesla earnings, Big IPO week
The markets are continuing to look volatile this morning, indicating a pullback. We discuss the path forward for investors. Plus, Tesla reports Q2 earnings after today’s bell. We discuss the price of the stock and the impact of Bitcoin. And it’s a big week for IPOs, and has been a big year too—our own Leslie Picker has the details on if or when the IPO boom will slow down.
Market recovery, Return to the stage, Back to school season
The markets are poised to end the week higher after starting things off with a very down day. We discuss where to be positioned. Plus, American Ballet Theatre is returning to the stage, its first New York Fall season since 2019. We speak with the Executive Director about her expectations. And back to school shopping season is here. We speak with Jan Kniffen about how this year will be different from 2020, and from 2019.
Market rebound, The B Word, Hot commodities
The market has rebounded after Monday’s lows, with the Dow looking positive for the week. We discuss what’s behind all the moves. Plus, Bitcoin and cryptocurrencies are in focus after the big conference with Cathie Wood, Jack Dorsey, and Elon Musk. We talk about the space with GSR’s Rich Rosenblum. And Brian’s RBI focuses on the hot commodity of 2021 that’s seen a big run-up: coal.
Market recovery, Netflix earnings, Bitcoin bounceback
After a big down day Monday, and a big up day Tuesday, markets are pointing towards more highs. We discuss where they could go and what investors should do with their money. Plus, Netflix reported earnings that indicated slower subscriber growth in the coming quarters. We speak with Axios’s Sara Fischer about the biggest takeaways. And Bitcoin is bouncing back after its slump, slightly. We speak with Coindesk’s Lawrence Lewitinn about how to view the crypto right now.
What the VIX Says About Whether There’s More Market Weakness Ahead; 8 Relevant Thoughts for Investors to Navigate the Delta Variant; The Head of One of the Largest U.S. Ports on the Global Shipping Container Shortage
Susquehanna’s Chris Murphy makes sense of Monday’s market sell-off, and says there are clear signs in the volatility index of what may be looming around the bend. Plus, Raymond James’ top healthcare policy analyst, Chris Meekins, lays out just what may or may not be likely in the coming months as the delta and other COVID variants spread: new lockdown measures, booster shots, vaccine mandates. And, the CEO of the South Carolina Ports Authority on the landscape for global shipping rates, and whether prices are heading anywhere but higher.
OPEC deal reached, China tensions, Oil and gas drilling
OPEC+ has reached a deal on barrel output. We discuss the implications with Helima Croft of RBC. Plus, tensions between the U.S. and China are still on the rise, and they could impact American business operations. We speak with Longview’s Dewardric McNeal. And Brian Sullivan’s RBI focuses on whether investors will still be willing to pay oil and gas companies for drilling in the future.
Inflation risks, China tensions, Small business outlook
Fed Chair Jerome Powell and Treasury Secretary Janet Yellen have been discussing inflation risks to the market, and the market impact of the spread of coronavirus around the world. We discuss with Stephanie Link and John Stoltzfus. Plus, reporting on U.S.-China relations regarding Hong Kong, and China’s crackdown on Didi. And we speak with the head of the Small Business Roundtable about the hiring challenges faced by small businesses today.
Stimulus checks, Bank earnings, Soho House IPO
A child tax credit could be coming—but most families might not realize it. Cowen’s Viven Azer joins to discuss the impact of the stimulus and what to expect. Plus, bank earnings are still going on, and we discuss the state of the financials after a mixed-to-positive picture for the sector. And members-only club Soho House is going public today—we speak with the CEO about the decisions behind joining the public markets.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
It's Going to be that Much Harder for Companies to Hire Workers in the Second Half of the Year; The Motivation Behind China's Crackdown on Big Tech Companies; The World's Most Expensive Parking Space
New data from staffing firm Robert Half shows what lengths employers are having to go to when trying to hire new employees. Plus, Cyrus Mewawalla of GlobalData discusses what's really behind China's regulatory crackdown on the country's tech giants such as Didi and Alibaba. And, the staggering price tag on the world's most-expensive parking space in Hong Kong -- $9,500 per square foot.
Inclusive investing, Congress round-up, Billionaire space race
Zeal Capital is announcing the closing of its recent fund—we speak with the Founder about inclusive investing. Plus, Big Tech and infrastructure are at the forefront of the issues in Congress right now. We discuss the possible outcomes with Jim Pethokoukis. And billionaire Richard Branson made it to space! We talk about what the flight means for him and for the world.
Guggenheim's Scott Minerd Says There Could Be More Pain for the Markets in the Months Ahead; Stunning Stats on the Rebound in Private Jet Travel; Disney Bets on a Big Comeback in Moviegoing
An exclusive interview with Guggenheim Partners' Scott Minerd on falling bond yields and the markets, plus whether he's still sticking with his dead-on call with bitcoin. Plus, random but interesting stats on how many people are taking to the skies in private jets. And, Disney is making a big gamble that people are ready to get back to the movies and see the long-delayed Marvel film "Black Widow"
Deciphering the Sharp Pre-Market Moves Lower; CNBC's Back-To-Work Survey; Growing Concerns Over the Future of OPEC Itself
Jon Najarian and RBC's Lori Calvasina help make sense of the pre-market selloff in equities and bond yields. Plus, Frank Holland reveals the results of the latest CNBC Back-To-Work Survey as offices start to reopen. And, Louise Dickson of Rystad Energy discusses whether OPEC+ will be able to resolve the dispute between Saudi Arabia and UAE, and what it could mean for the future of the oil cartel.
One-On-One Interview with Saudi Arabia's Energy Minister; An Early Investor in Didi Addresses China's Tech Crackdown; A Top Crypto Watcher on the Future of the Digital Currencies
Brian Sullivan speaks with Saudi Energy Minister Abdulaziz bin Salman, as the oil market awaits clarity on production policy from OPEC+. Plus, Ben Harburg of MSA, an early investor in Chinese ride-hailing giant Didi, discusses Beijing's renewed crackdown on the country's tech giants. And, top crypto analyst Mark Yusko talks about the future direction of Bitcoin and other digital currencies.
Will the OPEC+ Dispute Over Oil Production Lead to $5 Gas?; REvil Strikes Again: The Latest on the Biggest Global Ransomware Attack on Record; Air Travel Hits a Milestone, But the Industry Still Faces Challenges
RBC's Helima Croft discusses the fallout from OPEC+ abandoning talks to increase oil production, and what that could mean for prices at the pump in the U.S. Plus, hundreds of businesses all over the world could be hobbled by what's being called the largest ransomware attack yet. And, a former top airline executive talks about the problems facing the industry as travel demand rebounds from the pandemic, including a lack of staff to work those additional flights.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Markets in Q2, OPEC meeting, Flying cars
We’re halfway through the year, and markets have been setting records. We take a look at where they could go next. Plus, OPEC+ meets today to discuss oil supply. We talk about expectations and implications. Plus, trending stories include the worldwide web source code NFT, the Tour de France, and a flying car.
OPEC lookahead, Didi IPO, Red hot job market
The OPEC+ meeting is tomorrow. We speak with RBC’s Helima Croft about what to expect. Plus, Chinese ride-hailing giant Didi lists on the NYSE today, the most-anticipated Chinese IPO since Alibaba. And Brian’s RBI segment focuses on the hot job market.
JPMorgan Throws Some Cold Water on Cryptocurrencies; Why New York City's Real Estate Market Won't Swoon in the Summer Heat; Six Months to Remember for Stocks, But One Top Market Watcher Says Don't Get Caught Up in the Frenzy Just Yet
Cathie Wood may be going all-in on Bitcoin, but JPMorgan says investors continue to cool their jets on the cryptocurrency. Plus, Kristen Jordan of Bravo's "Million Dollar Listing" says New York City's real estate market won't face the normal slowdown this summer. And, Gilman Hill's Jenny Harrington discusses why investors should still be a little cautious, even as energy, financials, and other sectors post huge gains in the first half of the year.
Weekend box office, Bitcoin volatility, Cruise line rebound
The blockbuster Fast and Furious installment hit theaters –we discuss the state of the box office with Comscore’s Paul Dergarabedian. Plus, bitcoin is volatile again, but Coindesk’s Michael Casey says not to be worried. And we discuss the rebound timeline for the cruise lines sector, as Royal Caribbean’s ship set sail this weekend.
Nike earnings, Bank stress tests, Insider buying
Nike shares soared after a positive earnings report. We discuss the future of the retailer. Plus, banks passed their stress tests with flying colors—we talk about the financials sector and the expectations for buybacks and dividends. And Brian’s Insider Buying segment is back, with the biggest insider buy we’ve ever reported on.
Apple Daily shutdown, Future of energy, Shipping supply chain
Hong Kong’s pro-democracy newspaper, Apple Daily, is shutting down today. We discuss the broader fallout with Primrose Riordan of the Financial Times. Plus, we discuss the future of the oil and gas landscape with CalSTRS CIO Christopher Ailman. And the global shipping supply chain is facing some issues. We discuss with Jefferies’ Randy Giveans.
Prime Day impact, Tech debate, Vaccine durability
Prime Day wrapped up right before the show. We discuss the impact of the 48-hour event on the broader retail sector with Moody’s VP Charlie O’Shea. Plus, the House is debating bills today that would crack down on big tech companies. Our own Ylan Mui has the latest. And Brian’s RBI focuses on vaccine durability and breakthrough Covid illnesses.
M&A activity, Crypto’s sell-off, The Fast franchise family
M&A deal activity is already climbing towards record highs in 2021. The U.S. Deals Leader at PwC joins us to discuss. Plus, cryptocurrencies have been selling off—we talk about what’s behind the moves. And Brian’s RBI focuses on the $6.1B franchise that is the Fast and Furious movies.
Why Infrastructure Talks Are Stalling in Washington; The Financial Windfall of a U.S. Open Victory; Will Amazon Prime Day be a Non-Event for Investors?
James Pethokoukis discusses the top items on the agenda in Washington, including infrastructure talks and antitrust measures targeting Big Tech. Plus, former Sears and Saks chairman Arthur Martinez talks about Amazon Prime Day, which comes against a backdrop of global supply chain issues and rising inflation. And, Jon Rahm secures his first major victory at the U.S. Open -- we look at how that could mean big business for his endorsements.
Fed decision hangover, Retail weekend, U.S. Open
The markets are still digesting the decisions and outlook from the FOMC meeting. We discuss what investors should be doing with their money. Plus, we take a look at the competitive retail landscape ahead of Prime Day. And it’s a big weekend for the U.S. Open and its personalities—our own Jabari Young joins with his analysis.
Fed decision fallout, Biden-Putin summit, Insider Buys
The Fed made the decision to keep interest rates near zero, in their June FOMC meeting. We discuss how investors should digest the news. Plus, Biden has returned to Washington after his first summit with Vladimir Putin. We speak with Eamon Javers about the key takeaways from the meeting. And Brian highlights the top five stocks seeing the most insider buying action this week.
Inflation expectations, Biden-Putin summit, Coal prices
Investors are awaiting a Fed meeting later today for key inflation data. We discuss the impact to the markets. Plus, President Biden meets with Vladimir Putin today for their first face-to-face summit. We talk about what’s expected. And coal prices are surging—Brian has the details in his RBI.
What Wall Street Wants to See From the Biden-Putin Summit; The Next Catalyst For Retail Stocks; The Global Shortage of Shipping Containers Enters a New Crisis Phase
Raymond James' Ed Mills discusses what investors need to see and hear from President Biden's overseas trip, especially from his sitdown meeting with Russia's Vladimir Putin. Plus, the malls are packed again, so what will be the next big driver for the retail sector? Industry watcher Jan Kniffen weighs in. And, a top freight specialist talks about the growing crisis over the lack of available shipping containers around the world, and how Home Depot is taking matters into its own hands.
G-7 and NATO, New cryptos, Trending stories
President Biden is off to the NATO Conference now, after his first G-7 meeting. We speak with Eamon Javers and Invesco’s Andy Blocker about what the results mean for investors. Plus, new cryptocurrencies are abounding and Miami is becoming the new home of Bitcoin. We speak with Mackenzie Sigalos about the trends. And our trending stories include a Wendy’s across the pond, cars getting older, and a $28M space flight.
Texas governor on Energy, G-7 summit, Inflation rising
Brian speaks with the Governor of Texas about his state’s power infrastructure and cybersecurity. Also in conversation, the CEO of Patterson-UTI Energy. Plus, President Biden is in Cornwall for the G-7 meeting—we discuss the implications with our own Steve Sedgwick. And inflation fears are rising—we talk about what it means for the markets.
Inflation data, Oil prices, Infrastructure stalemate
Key inflation data is due out today. We discuss the impact on the markets. Plus, oil prices have been hitting highs not seen since 2018. We discuss with Goldman Sachs’s Head of Energy Research. And we speak with former Transportation Secretary Rodney Slater about the infrastructure bill that is currently at a stalemate.
Colonial Pipeline CEO on the hill, New meme stocks, Markets moving up
The CEO of Colonial Pipeline is testifying about the ransomware hack that hit the company. We discuss cyber infrastructure with Meg King and our own Eamon Javers. Plus, new meme stocks are soaring—we take a look with Kate Rooney. And markets are heading towards new highs. We take a look at inflation and more.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
How the G-7 Deal on a Global Corporate Tax Rate Will Impact Countries and Companies; You May Have "Meme" Stocks in Your Portfolio, and Not Even Know It; Why One Top Investor Says Healthcare and Media Stocks Are Finally Having Their Day In the Sun
Kate Barton of EY and Anna Palmer of Punchbowl News weigh in on the impact the G-7's deal on a 15% minimum corporate tax rate will have on multinational companies, and whether other countries will back the proposal. Plus, Larry McDonald of the Bear Traps Report discusses how wide and far the "meme" stocks have spread their wings into mutual funds and ETFs. And, David Katz of Matrix lays out what investors should have front of mind in this trading week.
One Investor Explains Why He's Still Riding the AMC Rollercoaster; Get Ready to Pay Up At Hotels as Travel Rebounds; The Top Insider Buys of the Week
One professional investor discusses his rationale for investing in AMC's stock, and why he's held shares for much of the past year. Plus, a new report by PwC hints at how much we may have to pay to book a hotel room or airfare as travel rebounds this summer. And, your exclusive look at this week's top insider buys, including why one exec is falling in love with Bumble.
Metals March Higher, But Is There Any More Meaningful Upside For Copper, Aluminum and Gold?; What’s Separating AMC From the Rest of the “Meme” Stock Pack; On The Road Again: Where We’re Headed and Want To Go
Top commodity strategist Michael Widmer of Bank of America discusses what’s really been driving the record rally in metals this year, from copper to gold and aluminum. Plus, Peter Madigan of BNY Mellon Markets makes the case that AMC is different than the other “meme” stocks, and the company has legs to stand on. And Today’s RBI: Americans are hitting the road again, but where are they going and how are they getting there?
Back From The Brink: Weatherford CEO on Relisting Shares on the NASDAQ; How One of Europe’s Biggest Unicorns is Disrupting the Insurance Business; Why Zoom Can Still Prove the Stay-At-Home Trade Can Make You Money
A First-On-CNBC Interview with the CEO of Weatherford, the oil & gas services company that’s relisting shares on the NASDAQ today, two years after filing for bankruptcy. Plus, how WeFox is shaking up the traditional insurance business in Europe with the use of artificial intelligence. And, a top analyst says there’s still room for Zoom to grow even as the pandemic ends and people meet more in person.
RBC on OPEC's Debate Over Easing Supply Curbs; A New Push to Support Black Businesses On the 100th Anniversary of Tulsa; Theater Chains Are Very Optimistic Over the Summer Movie Season
RBC's Helima Croft discusses what's at stake at today's OPEC+ meeting, amid an increase in global fuel demand and the expectation Iran may return more supply to the market. Plus, on the 100th anniversary of the Tulsa massacre and destruction of "Black Wall Street," companies are launching a new push to create and support Black businesses. And, the CEO of Bow Tie Cinemas says the monster opening for "A Quiet Place Part II" could bode well for the rest of the summer movie season.
NYC beaches reopen, Indy 500 weekend, Insider buys
New York City beaches are reopening on Saturday. We speak with the NYC Parks Commissioner about what to expect this year. Plus, the Indy 500 kicks off this Sunday. We speak with two-time winner Juan Pablo Montoya and Indianapolis Motor Speedway President Doug Boles about the event. And Brian’s Insider Buying segment is back, highlighting three stocks seeing a big amount of insider buying this week.
Oil’s turnaround, Cybersecurity disruption, The Dow’s birthday
Wednesday was a pivotal day for big oil and gas companies. We speak with CalSTRS CIO Chris Ailman about the implications for the planet. Plus, cybersecurity firm Cybereason ranked #32 on this year’s Disruptor 50 list. We speak with the CEO. And it’s the Dow’s birthday! We check in on some of the stocks from its original Dow 12 index.
Gojek Co-CEO talks disruption, Retail sector check, Seafood price surge
The eighteenth company on CNBC’s Disruptor 50 list, Indonesia-based Gojek, joins to discuss his company and the Super App space. Plus, we discuss the retail space with Dana Telsey during a busy couple weeks for earnings. And seafood prices are surging—we discuss the space ahead of Memorial Day weekend.
Guggenheim's Scott Minerd says Bitcoin has yet to hit bottom; Why Nike, Under Armour and Lululemon are falling out of favor with consumers on social and environmental issues; How one iconic landmark in the City of Brotherly Love is opening its doors as COVID restrictions ease
An exclusive conversation with Scott Minerd of Guggenheim Partners on where bitcoin and other cryptocurrencies are headed, and whether the Fed is right on its take on inflation. Plus, Stifel launches a new sustainable brand & lifestyle index tracking how companies fare on ESG issues. And, how the landmark Franklin Institute in Philadelphia is prepping for a full reopening ahead of the Memorial Day holiday weekend.
Crypto collapse, 6-month sector returns, Tax cheats
Cryptocurrencies have been selling off all week and into the weekend. We discuss what it means for the broader markets and where they could go next. Plus, Brian Sullivan’s RBI focuses on comparing sector returns over the past six months. And our own Robert Frank joins to discuss how much wealthy tax cheats are costing the IRS.
Big oil call, Rising risks, Insider buys
Barclays has put out a big call on BP. We speak to their Oil and Gas analyst. Plus, risks are rising for homebuyers—our own Diana Olick has the latest. And Brian’s weekly segment is back, highlighting the top five stocks seeing the most insider purchasing this week.
Crypto crunch, Retail earnings, Oil gushes higher
Cryptocurrencies are experiencing a big pullback. We discuss the volatility and speak with Morgan Creek’s Mark Yusko about what investors should do. Plus, retail earnings have been surprising to the upside—we speak with Refinitiv’s Jharonne Martis about the space. And Oil prices are gushing higher—we speak with Miller Tabak’s Matt Maley about why.
Retail earnings, Met Museum, Nirvana auction
It’s a big week for retail earnings, and the companies that have already reported are beating expectations. We discuss the space. Plus, New York eases many restrictions today. We speak with the President of the Metropolitan Museum of Art about the local impact. And six strands of Kurt Cobain’s hair fetched over $14,000 at auction. Brian has the story in his RBI.
AT&T/Discovery fallout, Hostess CEO on snacking, NYC subway ridership
We discuss the mega merger story of the week, AT&T and Discovery merging assets, with former DirecTV CEO Michael White. Plus, the CEO of Hostess Brands joins us to discuss the company’s earnings and consumer trends. And Brian’s RBI focuses on subway ridership hitting a 14-month high.
Top Tech Analyst on The “White Knuckles” Trade in the Sector; How Investors Can Navigate the Threats to the Oil & Gas Industry; “Building” A Portfolio Through Infrastructure and Real Estate Stocks
Wedbush Analyst Dan Ives discusses why he’s still bullish on tech after a wild ride in the sector in recent weeks. Plus, Clay Seigle of Vortexa talks about the threats – cybersecurity to supply chain – facing the energy sector. And, Emily Bowersock Hill of Bowersock Capital Partners tells us why boring investments in infrastructure and REITs could offer good returns for investors.
Coinbase and crypto, Oil update, Disney earnings review
Coinbase reported its first quarterly results as a public company yesterday. We discuss the future of cryptocurrencies. Plus, we run through the many factors impacting the oil markets right now with Helima Croft. And top-rated analyst joins us to make her bull case for Disney, after the company reported revenue and subscribers that were lower than analysts expected.
Colonial Pipeline, Markets sell off, Investment banking update
We continue to discuss the fallout of the Colonial Pipeline attack with Continental’s Harold Hamm and the Governor of North Dakota. Plus, markets sold off yesterday—we discuss the possibility of a turnaround. And we get an investment banking update with the U.S. CEO of BNP Paribas.
Colonial Pipeline fallout, Big tech’s comeback, The state of renting
Some gas shortages are hitting the U.S. as the fallout continues from the Colonial Pipeline hack. We discuss the situation with an oil and gas distributor. Plus, big tech is coming off its worst day since February, but could it be set for a turnaround? And we speak about the state of the rental market with PwC’s Alexis Crow.
Seeking Value in the Regional Banking Stocks; Why the Cyber Attack on the Colonial Pipeline Should be a “Sputnik” Moment for the U.S.; What’s Behind the Spike in Pork and Beef Prices
With the sell-off in tech and growth stocks, one trader says investors could find shelter in the regional bank stocks. Plus, a leading expert on the geopolitics of energy policy and security says the hacker attack on the largest U.S. pipeline should be a wake up call to both the government and energy industry. And, unprecedented demand and supply shortages of feed could lead to consumers paying sky-high prices for beef and pork ribs for their Memorial Day cookouts.
Colonial Pipeline hack, Lumber latest, Dogecoin and Elon Musk
The cyber security attack on the Colonial Pipeline is roiling oil and gas markets. We discuss the fallout. Plus, lumber prices keep hitting record highs—we talk about where they could go next and the broader impact. And Elon Musk talked about Dogecoin a lot this weekend on SNL. We talk about the coin and the broader crypto space.
April jobs report, Return-to-work tech, Insider buys
The April government jobs report is due out today. We speak with market analysts about their expectations. Plus, the CEO of Avaya joins us to discuss earnings and the transition to returning to the office. And Brian brings you the top five stocks seeing the most insider buying this week.
Solar stocks, China and Taiwan, Optimistic CDC data
We speak with CNBC.com’s Pippa Stevens about solar stocks and the investor appetite for ESG. Plus, tensions between China and Taiwan are rising—we speak to a former CIA official about the geopolitical troubles. And the CDC has released new data about a timeline for when Covid cases could start to taper off. Brian has the data in his RBI.
Big tech slumps, EV market, Honest Company IPO
Some big tech stocks lost a combined $171B just on Tuesday. We discuss what led to the sell-off and what’s next for tech. Plus, are consumers pivoting away from electric vehicles? We have the numbers and speak to the President of Sonic Automotive. And the Honest Company goes public today. We speak with an early investor in the company.
Chemicals shortage, Capsule Pharmacy, 5 big companies
There is a global shortage of chemicals, due to shutdowns and high demand. We speak with ICIS’s Head of North America about the impact to manufacturers. Plus, the CEO of Capsule Pharmacy joins to discuss disruption in digital health care. And Brian’s RBI focuses on the 5 big companies that are larger than 370 others in the S&P 500.
Surprising and sobering data on the long-term economic impact of the pandemic; How President Biden will attempt to get bipartisan support for his spending plans; New mobility trends show more Americans are getting behind the wheel
Paul Sheard of the Harvard Kennedy School discusses the long-term economic and financial implications of the pandemic and post-pandemic recovery. Plus, Ed Mills of Raymond James talks about the chances President Biden will get support from across the aisle for his spending plans. And, a random & interesting stat on how many more Americans are now hitting the roads to go just about anywhere.
Amazon earnings, Housing market update, First ever Stock Draft
Amazon’s blowout quarter surpassed analysts’ expectations—we discuss the company with Scott Mushkin. Plus, we get an update on the red-hot housing market with the CEO of homebuilder Taylor Morrison. And Brian’s RBI focuses on the first ever CNBC Stock Draft pick, back in 2012.
Biden speech, Big tech earnings, NFL draft
Biden gave his 100-day speech last night—we discuss the impact with Aberdeen’s Stephanie Kelly. Plus, more big tech earnings are out—we talk about Apple, Facebook, and Amazon with Joel Kulina of Wedbush. And Brian’s RBI focuses on the NFL draft, and a little bit of interesting history.
Chip shortage, Big tech earnings, Inflation numbers
The global chip shortage is impacting tons of sectors around the world and domestically. We speak with Scott Nations about the sectors seeing the most impact, and what investors should do. Plus, Google and Microsoft reported big beats on their quarterly earnings, and Apple is out tonight—we run through all the big tech numbers with Paul Meeks. And almost every sector you can think of is experiencing all-time inflation highs. We have the data in our RBI.
New Data Shows U.S. Travel – And Travel Spending – Is On the Rebound; Fresh Headwinds are Bubbling Up in the Housing Market; Tesla Too Rich for Your Blood? Check Out this EV Maker Instead
Adobe is out with a new report on how much Americans are spending on traveling, and if you haven’t booked that summer trip, you may be out of luck. Plus, a top housing expert discusses the troubling trends he sees brewing in the red hot real estate market. And, Lee Baker of Apax Financial highlights the stock of one electric vehicle maker not named Tesla that he believes is undervalued.
Big week for earnings, Tax policy impact, Litecoin
It’s the biggest week for earnings this quarter. We break down what to watch in the markets. Plus, we speak with a tax policy expert about Biden’s proposed capital gains tax. And the founder of Litecoin joins us to talk about the cryptocurrency space.
New capital gains tax, J&J vaccine evaluation, Insider buying
Biden has proposed a new capital gains tax. We speak with Tony Fratto and Dan Veru about the impact to U.S. businesses and investors. Plus, an advisory committee for the CDC meets today to discuss the J&J vaccine. We speak with a member about what they’ll be looking for. And Friday means Insider Buying is back—Brian brings you the top five stocks seeing the most insider buys this week.
Airline results, Covid-19 treatments, Taxes
More airlines are posting quarterly results today. We speak with Citigroup’s Stephen Trent about what to watch. Plus, the vaccine rollout is progressing, but so is development of Covid-19 treatments—we speak with SVB Leerink’s Geoff Porges about the space. And Brian Sullivan’s RBI focuses on taxes!
Scott Minerd’s bond call, Netflix earnings, Apple product unveil
Scott Minerd is standing by his call that bond yields will fall. We speak to him about his market outlook. Plus, Netflix earnings disappointed on subscriber numbers—we discuss the impact for the streaming space. And we talk about Wall Street’s reaction to the Apple product unveiling.
Why Reddit and Online Traders Continue to Ride the Dogecoin Wave; Top Biotech Analyst Says It's Possible COVID Could Be Over By This Summer; Exclusive Interview with Co-Founder and CEO of European Unicorn Klarna
Venture capital and angel investor Sarah Kunst of Cleo Capital discusses what's driving the mania behind the surge in meme cryptocurrency Dogecoin. Plus, Morgan Stanley biotech analyst Matthew Harrison weighs in on the J&J vaccine pause, and the pace of global vaccinations. And, an exclusive interview with the CEO of fintech Klarna, on the mainstream adoption of cryptocurrencies and the quest to do better for the planet.
Oil call, Shanghai Auto Show, Crypto craze
Big morning for the markets—we speak with Fundstrat’s Tom Lee about his oil calls and how crude is reacting to the state of Covid-19 across the globe. Plus, Eunice Yoon joins us from the Shanghai Auto Show, an in-person event with thousands of people. And cryptocurrencies are all over the place right now, including Dogecoin…we speak with Mark Yusko about the space.
Dow to 34,000, Schools reopening, Bank earnings
The Dow has made its fourth 1-thousand point gain this year, climbing up to 34,000. We look at where there is still value in the market. Plus, we have a conversation about the mistakes that were made over the past year when it comes to reopening schools. And it’s the last day of bank earnings—they’ve all beat expectations so far. We discuss why with RBC’s Gerard Cassidy.
Retail update, Delta results, Coinbase reaction
Retail is bouncing back across the country. We speak with Stacey Widlitz about the space. Plus, Delta is the first of the big airlines to report quarterly results today. We speak with Jefferies analyst Sheila Kahyaoglu about expectations. And Coinbase had a huge debut on the Nasdaq—we talk about the future of the exchange with Coindesk’s Michael Casey.
J&J vaccine fallout, Coinbase listing, Bank earnings
We discuss the broader implications of the pause on J&J’s Covid-19 vaccine with a voting member of the panel that recommended the vaccine for emergency use authorization to the FDA. Plus, Coinbase is listing today—we discuss the future of crypto with Manhattan Ventures’ Santosh Rao. And bank earnings kick off today. We talk about the space with Mendon Capital’s Anton Schutz.
Beijing vs. Big Tech, Wine going public, Worldwide Covid update
Ant Financial is facing a company overhaul from Beijing. Our own arjun Kharpal has the latest. Plus, Vintage Wine Estates is going public through a SPAC merger—we speak with the president, Terry Wheatley. And we get a coronavirus and vaccine update from Fmr. FDA Commissioner Dr. Peggy Hamburg.
PIMCO On Paying For Biden's Infrastructure Plan; The UK Reopens Its Doors; An Eye-Popping Stat on How Much Money is Flowing into Markets
PIMCO's Libby Cantrill discusses how the Biden administration will pay for the massive infrastructure bill, and gain bipartisan support. Plus, a report from the ground as the UK emerges from a third national lockdown. And, an amazing stat on how much more money has moved into the markets just over the past five months than in the past 12 years overall.
Masters 2021, Transportation stocks, SPAC mania
The Masters are teeing off—we discuss what the tournament will look like in Augusta this year with Damon Hack. Plus, transportation stocks are soaring to new highs. We speak with Deutsche Bank’s Amit Mehrotra about the rise. And Q1 was a record quarter for SPACs—we speak with Refinitiv’s Matt Toole about the numbers.
State of small business, New U.S. airline, Future of fitness
Small business closures have risen since the peak of the pandemic. We discuss with Small Business Roundtable’s John Stanford. Plus, the U.S. is about to have a new airline—Phil Lebeau has the latest. And does the future of fitness lie in the home? We speak with Future CEO Rishi Mandal about the trends here to stay.
Grab going public, U.K. vaccine rollout, Teen retail spend
Southeast Asian ride-hailing and delivery company Grab is said to be in talks to go public through a SPAC. We discuss the possible outcomes and impact with the FT’s Arash Massoudi. Plus, the U.K. is expanding their Covid-19 vaccine rollout by introducing the Moderna vaccine today. And Piper Sandler has released their survey on teen retail spending—we speak with Erinn Murphy about the results.
Credit Suisse Caught in the Archegos Cross-Hairs; Corporate America's Response to Changes in Voting Laws; Mastercard On the Massive Consumer Shift to Shopping Online
The latest on the Archegos Capital scandal, with Credit Suisse shaking up the management ranks and taking a major loss. Plus, a top brand manager weighs in on how CEOs should respond to the controversy surrounding Georgia’s voting laws. And Mastercard’s chief economist has insights on how much consumers are buying online amid the pandemic, and whether that shift will become permanent.
Infrastructure, Home sales, Vaccine passports
Biden has released his infrastructure plan. We discuss the impact to companies and sectors with Kathryn Thompson of Thompson Research. Plus, Diana Olick brings us the latest on home sales and listings. And New York has rolled out its own vaccine passport as venues reopen—we discuss with Partnership for New York City President Kathryn Wylde.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Rate fears, Infrastructure unveil, Rising travel costs
Rates continue to hit highs. We speak with Catherine Faddis and Nancy Tengler about the impact to stocks. Plus, Biden will be unveiling his infrastructure plans—we discuss what to expect with James Pethokoukis. And Brian Sullivan’s RBI focuses on how air fares are already soaring higher for key dates this year.
Fire sale fallout, Long-term vaccine update, Satan shoe lawsuit
We discuss the fallout of the Archegos margin call for stocks and the legacy of hedge funds. Plus, the CDC has released new data about long-term vaccine efficacy. We discuss what it means. And trending stories today include a devilish lawsuit, an MLB NFT, and good news for Comic-Con fans.
Why The Traffic Jam in the Suez Canal Hasn’t Had a Bigger Impact on Oil Prices; The Fallout From the Massive Margin Calls at Two Previously Unknown Hedge Funds; Chances President Biden’s Infrastructure Plan Will Get Support in Congress
Top market watcher Clay Seigle of Vortexa discusses the impact the traffic jam in the Suez Canal caused by the massive cargo ship Ever Given is and will continue to have on global energy and shipping. Plus, what we’re learning about margin calls taking down two hedge funds, and the ripple effect on major global banks such as Credit Suisse and Nomura. And, political strategist Tina Fordham says the odds of President Biden accomplishing his goals, including a huge infrastructure plan, are growing by the day.
Ever Given still stuck, Congress vs. big tech, Restaurants reopening
The Ever Given ship could take weeks to get unstuck. We discuss what the situation in the Suez means for shipping companies. Plus, Congress grilled tech CEOs on the hill—we talk about the impact. And restaurants are reopening across the country—we speak with Chef David Burke about the process.
Suez situation, Big tech, Financials stocks
The large container ship called the Ever Given has been stuck in the Suez Canal for over 24 hours. We discuss what it means for global supply chains. Plus, we look at big tech and social media stocks ahead of today’s hearing. And the slowly rising yields are impacting financials, but there’s still opportunity: we take a look at some names.
Suez traffic jam, Vaccine passports, Three A’s of tech
A large tanker has blocked the Suez Canal. We discuss what it means for an already constrained shipping flow. Plus, we speak with the CEO of a company developing vaccine passports about the ethics of proving you’ve been vaccinated. And we talk about the three A’s of tech: Apple, Alphabet, and Amazon.
Could A $3 Trillion Infrastructure Plan Add More Fuel to the Market’s Fire?; What the U.S. and China Are Seeking From Their Contentious Relationship; Top Analyst Weighs in on Questions Surrounding Astrazeneca’s COVID Vaccine
New Street Advisors’ founder Delano Saporu discusses the impact additional stimulus spending could have on the markets, prompting more investment to flow in. Plus, a former top China expert in the Obama administration weighs in on the latest sanctions imposed by the U.S. and allies against China over human rights abuses. And, top-rated biotech analyst Matthew Harrison of Morgan Stanley says efficacy of COVID vaccines remains high, potentially allowing the U.S. to get 75% of the population vaccinated by mid-summer.
AstraZeneca vaccine safety, Biden policies, Market movement
The AstraZeneca covid-19 vaccine has been found to be 79% effective in a U.S. study. We discuss what it means for the vaccine rollout. Plus, we take a look at Biden’s policies thus far in his administration. And the markets have been volatile lately—we talk about how to play them.
Fed sell-off, FedEx and Nike earnings, U.S.-China tensions
Tech and growth stocks are selling off after the Fed said it would keep rates the same for a while. We discuss the impact for the markets. Plus, we take a look at FedEx and Nike earnings. And U.S.-China tensions are rising after the meeting yesterday—we discuss what it means for international relations.
Fed speak, Bars 1 year later, Astrazeneca distribution
The Fed won’t be raising rates until 2023. We discuss what it means for the markets. Plus, we speak with a Long Island bar owner about what the past year has been like with restrictions and shutdowns. And we talk about what the Astrazeneca halt in Europe could mean for countries around the globe.
Fed rate expectations, Investing in Ireland, Astrazeneca vaccine
With rising yields, investors are eagerly awaiting Fed Chair Jerome Powell’s decision this afternoon—we discuss the market impact and expectations. Plus, we talk about investing in Ireland and companies moving abroad, on this St. Patrick’s Day. And we speak with an expert about the halting of the Astrazeneca vaccine rollout in many European countries.
Top Medical Expert Weighs in on the Backlash to Astrazeneca’s Vaccine; Former Fed Governor On Whether the Central Bank Will Tap the Brakes; Spring Break Business vs. Concerns Over a Fourth Wave
A leading expert on blood clots discusses whether decisions by European countries to suspend use of Astrazeneca’s COVID vaccine are warranted. Plus, former Fed governor Sarah Bloom Raskin weighs in on the central bank’s next move in the face of rising inflation. And, we speak with business owners in Spring Break hot spots in Florida in Texas, who are juggling COVID protocols while welcoming an influx of tourists.
How to Pay for the Growing Budget Deficit Post-Stimulus; The Markets May Be Able to Overlook Rising Yields to Push Higher; E-Commerce Heads for $1 Trillion in Revenue for the First Time
Pimco’s Libby Cantrill discusses whether concerns over a rising debt bill are overblown. Plus, top analyst Paul Meeks says the rise in rates will likely exhaust itself, which could make tech stocks more attractive for investors. And, Adobe says online spending is here to stay, forecasting e-commerce to top $1 trillion in 2022.
The Top Insider Buys of the Week; Travel & Leisure Stocks That Could Benefit From Stimulus Dollars; Stew Leonard On The Grocery Business
An exclusive look at which corporate executives are buying their own company’s stock. Plus Jefferies analyst David Katz says casinos and theme parks could be among the biggest beneficiaries of stimulus spending. And, Stew Leonard talks about how much has changed in the past year for the iconic Northeast grocery chain.
Where To Make Money Now – Under-the-Radar Names; Why FAANG Still Has Some Bite; How the Stimulus Package Will Help Get Kids Back in the Classroom
Piper Sandler’s Craig Johnson expects more strong gains for the S&P 500 this year, and sees opportunity in commodities. Plus, Dan Morgan of Synovus offers three key themes for growth in the tech sector in 2021. And, why the stimulus package is beneficial for childcare providers, schools and parents looking to get back to the office.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
030921
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
030821
"Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Rates impact tech stocks, NYC movie theaters reopen, Clean energy stocks
Rising yields are causing a sell-off in big tech stocks. We discuss what it means for the broader markets. Plus, movie theaters can reopen in New York City today—we talk with Bow Tie Cinemas COO about how the industry can bounce back. And we take a look at the clean energy stocks to keep an eye on during the Biden administration.
February jobs preview, OPEC+ meeting, New streaming entrant
With interest rates rising and impacting the markets, we look ahead to the February jobs report. Plus, we take a look at what to expect from the OPEC+ meeting. And Paramount+ launches today—we discuss this new streaming entrant in an already crowded field.
Vaccines for all, Reddit strikes again, Transports and Tech
Biden has announced the U.S. should have enough vaccine doses for all adults by May. Plus, Reddit strikes again on a few specific stocks—we talk about how it’s affecting the broader markets. And we discuss the transport sector and the tech sector as rates rise and the economy starts to open back up.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Video game industry, Warehouse demand surges, Dancing robots
The video game industry is now bigger than sports and movies combined. We talk to a head of research on how 2020 impacted our use of video games. Plus, e-commerce trends have changed through the year—we speak to the CEO of Duke Realty about warehouse demand. And our trending segment features a new brew from Dunkin, surprising food sale trends, and some robots doing the mashed potato.
Rising rates, Reddit stock frenzy, Hackensack Meridian CEO
As rates continue to climb back towards pre-pandemic levels, we discuss what the moves mean for the markets. Plus, there’s still movement happening in Gamestop and other Reddit stocks—we talk about the broader market impact. And we speak with the CEO of Hackensack Meridian Health about vaccine delivery updates in the tri-state area.
Reddit stocks pick up steam, UK and US economic recovery, Alcohol and spirits trends
The Reddit stocks like Gamestop and AMC are picking up interest again. We discuss what it means for the broader market. Plus, we speak with an advisor on Boris Johnson’s Build Back Better council about economic recovery. And we speak with the CEO of Pernod Ricard North America about at-home consumption trends in a pandemic.
Midwest energy crisis, JNJ vaccine, Hobby farming
We speak with Senator Tina Smith (D-MN) about her call for a probe into possible price gouging by the natural gas industry in the Midwest. Plus, we speak with a doctor on the advisory panel that could vote to approve JNJ’s vaccine for emergency use authorization. And we talk about a new lockdown trend: Hobby farming.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Stimulus latest, State of Small Business, Retail earnings preview
President Biden is revising the rules for small business loans. We talk about the impact to small businesses with the head of the Small Business Roundtable. Plus, we look ahead to retail earnings, and take a look at the impact of rising interest rates.
“Gamestopped” in review, Power problems, Vaccines vs. variants
We discuss the five and a half hour hearing about short selling and meme trading. Plus, power is back on for many in Texas, but we discuss what led to this mass outage. And we talk with an analyst about whether the current vaccines will be effective against variants of Covid-19.
Turmoil in Texas, Gamestop hearing, Brewing up success
Millions of Texans continue to go without power. We break down how the infrastructure failed. Plus, looking ahead to the Gamestop hearing in front of Congress today. And we talk with a small business coffee owner about how he grew his business 2000% over the past year.
Winter storm energy prices, Travel industry recovery, Dow’s new high
The winter weather in Texas is causing a surge in energy prices. We discuss what it means for the energy market and the consumer. Plus, we talk with the CEO of Trivago about when travel might return to normal. And as the Dow hits new highs, we discuss where to still find value in the market.
The impact of the deep freeze in Texas on the U.S. energy sector; Why small-caps will be the primary driver of the markets in 2021; Learning from past disasters about how to rebuild faster and stronger.
How power outages and rolling blackouts in Texas caused by a deep freeze could motivate lawmakers to seek policy reforms in the energy industry. Plus, KKM Financial’s Jeff Kilburg says profit-taking and a rotation amongst equities persists. And, rebuilding bigger & better from 2020, which saw a very active wildfire season and a record number of hurricanes make landfall.
Disney+ has 95 million subscribers, NYC restaurants open for indoor dining, Bumble CEO becomes a billionaire
In its earnings report, Disney announced that almost 95 million people have subscribed to its streaming service, Disney+. We discuss the impact of DTC for the company moving forward. Plus, NYC restaurants open for indoor dining this weekend—we speak to one restaurant owner about what aid is still needed. And trending stories including the Bumble CEO becoming a billionaire after her company’s recent IPO, Taylor Swift recording new old songs, and some presidential Nikes.
Biden meets with CEOs, Reddit takes pot stocks higher, Hi-C returns to McDonald’s
President Biden is forming a business coalition to discuss Covid relief. We talk about the latest for Wall Street and Washington. And goodbye Gamestop, hello pot stocks—what the next target is for Reddit traders. And in our trending segment, we talk about the Oscars, Hi-C coming back to McDonald’s, and a very expensive pigskin toss from Tom Brady.
Twitter and social media, Bitcoin’s meteoric rise, Trending stories
Twitter earnings are out, and paint a picture of the vast social media landscape. Plus, Bitcoin and crypto are soaring—we dig into why. And trending stories include Mark Cuban, pancake rebranding, and French employees working “Al Desko.”
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Super Bowl recap, Dogecoin to the moon, Retail trading impact
The Monday after the Buccaneers won the Super Bowl against the Chiefs, we discuss the historic nature of the game and how betting companies were impacted. Plus, celebrities like Elon Musk and Snoop Dogg are tweeting about Dogecoin. And we take a look at how the Reddit trading frenzy may actually have hurt the average retail investor.
Klarna’s Super Bowl commercial, Getting fans back to live events, Big bets for the big game
The CEO of payment installment company Klarna joins us to discuss their first Super Bowl commercial and how 2020 impacted the online retail payment space. Plus, the rapid testing partner of SHAQ Bowl discusses the logistics of getting fans back to live events with testing. And this year’s Super Bowl is seeing record numbers in betting apps—we talk about whether or not that trend is here to stay.
Earnings bump, Biden energy policy, Investor sentiment
Stocks are looking to extend their win streak with a big bump from companies reporting earnings. Plus, taking a look at Biden’s energy and climate policies. And we talk about how the past few weeks of volatility have been impacting investors’ trust in the markets.
Jeff Bezos out as CEO, Reddit stocks lose steam, Oil and OPEC
Amazon announces that Jeff Bezos will be stepping down as CEO, to be replaced by AWS Chief Andy Jassy. We dig into what it means for the company. Plus, the Reddit stocks are losing steam, but it doesn’t seem to be affecting the broader market. And a conversation about oil ahead of the upcoming OPEC meeting.
Reddit stocks lose steam, Big tech in focus, Winter weather
Many of the stocks at the center of the Reddit trade are losing steam. We dig into why and where investors should be positioned. Plus, more earnings out from Alphabet and Amazon as big tech rounds up its reports. And checking on the winter storm that’s walloping the Northeast.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Wall Street’s wild week, Biden agenda, Airlines’ year of losses
Wall street has had a wild ride with shorted stocks adding chaos to the year’s momentum. We also look at Biden’s agenda to fight climate change and income inequality. And taking a look at airline earnings after a historic year of big losses.
Shorts sell off, Boeing earnings, Big tech lower
After stocks like GameStop and AMC got squeezed by retail investors, the stocks are starting to sell off now. We talk about how it could impact the broader market. Plus, Boeing posted a record revenue loss for the year. We talk about the recovery for the company. And big tech is lower despite posting strong earnings—we talk about what’s happening.
Gamestop short squeeze, Covid travel restrictions, Ant Group
Gamestop shares are surging, in what looks to be a massive short squeeze. We dig into how this could impact other stocks. Plus, you now need a negative covid test in order to enter the U.S.—we take a look at the implementation. Taking a look at big tech earnings ahead of another big day of reports.
What President Biden Can Expect to Achieve in His First 100 Days; J&J's Path to a COVID-19 Vaccine; New York City Adapts Restaurant Week for the Pandemic
Former Senator Heidi Heitkamp weighs in on President Biden's agenda and what he can expect to get passed by Congress. Plus, a top analyst discusses the timeline for Johnson & Johnson to get its COVID-19 vaccine from the lab into people's arms. And, how this year's Restaurant Week is even more critical to New York City eateries hit hard by the pandemic.
Big earnings week ahead, New executive orders, Big tech in focus
It’s the biggest week for earnings, and we’re taking a look at the names you should be watching this quarter. Plus, examining Biden’s new executive orders and the impact they will have on the economy. And we focus on the earnings for big tech, as Facebook, Apple, Microsoft, and more get set to report.
Biden’s executive orders, IBM earnings, Bond movie delayed
We dig into the executive orders that President Biden is expected to sign later today, focusing on Covid-19 and the economy. Plus, we break down IBM’s earnings, which sank the stock after hours. And our trending segment focuses on the next Bond movie being delayed again, a burger deal, and wine delivery from American Airlines.
Vaccine rollout progress, Biden admin takes hold, Presidential S&P gains
We check in about the progress of the vaccine rollout in the U.S. Plus, looking ahead as the first day of the Biden administration kicks off. And in the RBI, we look at the performance of the S&P 500 in the time between Election Day and Inauguration Day.
Inauguration day, Netflix subscribers surge, 17 executive orders
It’s Inauguration Day for President-Elect Joe Biden. We discuss how the markets and the economy will react to his intended plan. Plus, Netflix shares surged after the company reported better-than-expected subscriber growth and cash flow positivity. And we discuss the slate of executive orders Biden is slated to sign later today.
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“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Airline and bank earnings; Biden’s new plan; Hotels becoming condos
As earning season gets into full swing, we discuss Delta and the upcoming bank earnings. Also, taking a look at $1.9T Biden’s American Rescue Plan. And are empty hotels in NYC going to become condos? We look at what the process could involve.
Trump impeached again; Covid vaccine update; Tech losing momentum?
The House has impeached President Trump for a second time. We take a look at the market’s reaction. Plus, we check in with a doctor in Scotland who has received his second dose of the vaccine, on how the U.K. rollout is going. And are tech stocks losing momentum? We speak with an analyst about what’s happening in the sector.
Impeachment update; Investor sentiment; Bitcoin’s wild week
An update on where we stand in the impeachment process. Also, checking in on investor sentiment as we look ahead to 2021. And taking a look at on Bitcoin’s wild week after the cryptocurrency hit a new high last week.
Will the challenges facing social media extend to the rest of Big Tech? The outlook for the housing market amid rising bond yields. China ramps up efforts to get COVID vaccines out to the masses.
Two top tech watchers weigh in on calls for more regulation on social media giants such as Twitter, after it permanently banned President Trump's account. Plus, the chief economist of First American Financial says the housing market will continue to be strong in 2021, even amid rising rates. And, China aims to vaccinate millions of people in the coming weeks, but there are plenty of questions about the safety and efficacy of its COVID treatment.
Worldwide Exchange 01/11/2021
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
Worldwide Exchange 01/11/2021
“Worldwide Exchange” delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchored by Brian Sullivan, the program will prepare CNBC’s worldwide audience with a smart take on overnight U.S. news and live international market action.
DC restaurants face the unrest, Global vaccine update, Jobs report lookahead
After the riots in DC, we speak to a restaurant owner about how the unrest and curfews are affecting her ability to stay afloat. Plus, checking on the status of vaccinations across the globe. And looking at the markets ahead of the December government jobs report.
Riots on Capitol Hill
After a chaotic day in Washington, we speak to analyst about why the market finished up, and what Congress should prioritize heading into 2021.
Georgia Senate race, Brexit small business impact, Saudi announces oil cuts
Futures had a strong and unique reaction to the Georgia run-offs, with the tech-heavy Nasdaq sinking as the Dow looked to gain points. Plus, we speak to a small business owner in the U.K. about how the lockdowns and Brexit are impacting her day-to-day. And we discuss the Saudi Surprise regarding OPEC production cuts.
Georgia Senate race, New UK lockdowns, Retail wrap
Today is a big day for the U.S. Senate with the Georgia run-offs finally wrapping up. We discuss what it means for the markets. Plus, taking a look at the impact of the new UK lockdowns and the spreading coronavirus variant. And looking back at the holiday retail season, while looking ahead to the trends that are here to stay in 2021.
New Year, New Rally? What’s ahead for stocks after strong gains in 2020, charting the course for OPEC and oil, and what if anything can get in the way of Bitcoin’s meteoric rise.
Why one top wealth manager in Texas says there’s room for momentum and upside in stocks early on in 2021. Plus, we speak with a leading tracker of oil shipments across the globe to gauge what OPEC may do with production targets. And, what’s behind the recent surge in Bitcoin, as prices breach the $34,000 mark.
Markets in 2020, Tech in review, Box office in 2021
On the final trading day of 2020, we review the best and worst performers of an unprecedented year for the markets. Plus, taking a look at tech’s innovations this year. And looking ahead to the possible recovery of the box office after a year that saw it down 80%.
Boeing 737 MAX flies again; House signs off on stimulus; Wine and spirits outlook
Boeing’s 737 MAX takes flight today for the first time since it was grounded in March of 2019. We speak to Phil Lebeau and one analyst about what it means for the company. Plus, the house has signed off on $2,000 stimulus checks—how the markets are reacting. And as New Year’s Eve nears, we have a conversation with one wine and spirits company coping during the pandemic, and discuss their outlook for 2021.
Global vaccine distribution, Stimulus sign-off, Big year for IPOs
What will it take to distribute the vaccine to emerging markets? We speak to two experts about the challenges. Plus, the latest on the market reaction to President Trump’s stimulus U-turn. And this was a banner year for IPOs and SPACs—we take a look at what’s in store for 2021.
Santa Claus rally, Holiday retail, Streaming vs. theaters
Dom Chu brings you the latest on the markets on this Christmas Eve, ahead of a three day weekend on Wall Street. Plus, a look at the state of holiday retail, and the winners and losers of 2020. And we look at the economic impact of sending movies straight to streaming.
Holiday travel, Covid and flu season, Hot housing markets
Americans are traveling less this year, but that could lead to more travel in the coming years—Scott Mayerowitz of The Points Guy says to book now. Plus, some good news about the state of public health, with flu season looking less intense than prior years. Dr. Nahid Bhadelia on why that is. And Brian’s RBI focuses on the increases in home prices across the country: find out the top five cities seeing a spike.
New U.K. virus strain, NBA season tips off, Holiday travel surge
The mutation of the coronavirus strain is spooking consumers and investors. We speak to Dr. Carlos Del Rio about what it means for vaccine efficacy, and whether we could see it in the U.S. Plus, the NBA’s next season starts tonight—CNBC.com reporter Jabari Young on what it will look like. And Brian’s RBI focuses on how our travel habits have changed, as the TSA sees three consecutive days of traveler throughput above 1 million.
The UK imposes stricter lockdown measures in response to new coronavirus strain; Bitcoin attracting interest from Elon Musk; How New Jersey’s largest health care network is rolling out the new COVID-19 vaccines
The UK imposes tighter lockdown measures ahead of Christmas in response to a new coronavirus strain, and global markets slide. Plus top Bitcoin bull Mark Yusko discusses whether broader acceptance of the cryptocurrency will make it the new gold. And, the CEO of Hackensack Meridien Health, the largest health care network in New Jersey, talks about the rollout of the Moderna COVID-19 vaccine, and how they’re trying to convince the public to get the shot.
Moderna Vaccine, D.C. Deadline, Eviction Crisis
Moderna is one step closer to getting emergency use authorization for its covid vaccine. A FDA panel voted to recommend approval. If the agency gives the greenlight, the Moderna vaccine could be given to people within days. Congressional leaders are trying to finalize a deal on covid relief while also avoiding a government shutdown. NBC’s Tracie Potts joins with the latest. Amid the back and forth negotiations on virus aid, new data is suggesting a looming eviction crisis that may force Americans onto the streets this holiday season. CNBC Real Estate Correspondent. Diana Olick, reports. Plus, a winter wonderland normally means big business for ski resorts, but this year’s covid restrictions make the equation a bit more complicated.
Measuring doses – How the Moderna vaccine stacks up against Pfizer; Forecasting the path to recovery for oil in 2021; The Top Insider Buys of the Week
As the FDA moves closer to authorizing Moderna’s COVID-19 vaccine for emergency use, we speak with a leading vaccine researcher on the differences between this shot and the one from Pfizer. Plus, a top energy analyst says the overarching theme for 2021 will be “recovery,”, but it won’t come without some bumps & bruises along the way. And, our exclusive look at which top executives are buying the most of their company’s stock with their own money.
Shippers under extra holiday season stress; Building a portfolio with building stocks; Another lost year for the arts
With a surge in online shopping, how UPS is handling the extra holiday shipping volume. Plus, one analyst says a top way to play an economic recovery in 2021 is through stocks of building material companies. And we speak to the head of the American Ballet Company about the difficult decision to cancel another season.
Getting the Covid-19 vaccine; New stimulus hopes; Restaurant pivots
As Pfizer’s Covid-19 vaccine rolls out across the United States, we speak to one doctor who was among the first in the country to get the vaccine. Plus, a bipartisan group of lawmakers has unveiled their latest stimulus packages, with the deadline to avoid a government shutdown just days away. And we speak to one restaurant chain owner who has had to pivot his business strategy due to the pandemic.
Vaccine rollout, new restaurant restrictions, stimulus deadline extended
It’s a historic day for the United States as the first batches of Pfizer’s Covid-19 vaccine get distributed across the country. We speak to the head of one trucking company moving that vaccine, check in with an infectious disease doctor on the inoculation timeline, and pop down to Louisiana where Brian Sullivan has the latest. Plus, NYC is banning indoor dining again. One restaurateur joins us with his thoughts on the change. And a two-step relief bill is expected to be released in Congress today—our own Eamon Javers on what it means for stimulus in the U.S.
Introducing Worldwide Exchange
Worldwide Exchange delivers essential, actionable information and analysis for anyone who wants to be part of the global business conversation. Anchor Brian Sullivan informs viewers about business stories that have global significance. The conversations include analysis of business and investor trends in international markets. Covering local stories with international significance. Coming soon.