Stocks are falling, with the Dow losing more than 600 points, as a post-earnings rally in $NVDA failed to lift the broader market. Chipmaker and AI darling Nvidia surged more than 8%, sending the shares above $1,000, after posting stronger-than-expected Q1 results and announcing a 10-for-1 stock split. We’ll break down it all means markets and your money.
May 23, 2024•42 min
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating they lacked the confidence to move forward on interest rate cuts. We’ll break down what that means for markets and your money. Plus, Nvidia reports earnings after the closing bell. And while analysts expect results to “wow,” it could also be the chip maker’s last great earnings beat for quite some time. We’ll explain why.
May 22, 2024•43 min
Microsoft is making a big push into AI laptops, unveiling a new branding called “Copilot Plus PCs” that could shape the future of its operating systems. We’ll discuss. Plus, Scarlett Johansson accused OpenAI of using an "eerily similar" voice to hers for its new GPT-4o chatbot -- despite having declined the company's request to provide her voice. We’ll get the key details. And, PGA Championship winner Xander Schauffele joins Power Lunch to talk about his first major victory, the PGA vs. LIV, the...
May 21, 2024•43 min
The Dow is turning lower today, after closing above 40,000 for the first time last week.Is 40K a sign of a top, or just another bit of momentum for this rally? We’ll discuss. Plus, the Nasdaq is holding on to record gains thanks to more AI optimism. Microsoft is kicking off its big developer event, and unveiling new AI PCs. We’ll bring you the key details.
May 20, 2024•42 min
Stocks are off of their record highs, but the Dow is still higher for the week. While the S&P 500 and Nasdaq are also setting records. We’ll discuss whether or not the rally still has legs with our guest host for the hour, Michael Farr of Farr, Miller & Washington.
May 17, 2024•42 min
The Dow hit 40,000 for the first time in today’s trading. Which means it took just over 7 years to double from the first time it hit 20,000. The S&P 500 and Nasdaq both reached record highs today as well. But while big round numbers are nice, and get attention, what do they really mean? We’ll explore.
May 16, 2024•42 min
The market just received the cooler data it was waiting for, as CPI dropped slightly in April to its lowest reading since 2021. We’ll discuss what it means for stocks and the Fed’s next move. Plus, the White House’s EV tariffs were meant to protect America’s auto industry. But in doing so, it may have hurt progress toward an all-electric vehicle market. We’ll explore.
May 15, 2024•42 min
America’s chess match with China continues, as the White House raises tariffs on $18 billion worth of Chinese imports. We’ll discuss the global impact. Plus, “Meme Mania” is roaring back to life on the back of tweets from ‘Roaring Kitty.’ But some retail traders think it could play out differently this time. We’ll explore.
May 14, 2024•42 min
We’re watching big tech closely today. OpenAI, which is backed by Microsoft, just unveiled a new flagship model. And it may team up with Apple to put ChatGPT on the iPhone. We’ll bring you the latest details. Plus, Meme Mania is back – at least for today. “Roaring Kitty” tweeted for the first time in 3 years, and that sent shares of GameStop, AMC and Blackberry all higher. We’ll discuss what it means for markets.
May 13, 2024•42 min
Stocks are losing some steam, but the Dow is holding onto gains, which would make it an 8-day winning streak. What could derail this rally? Could it be the Fed? We’ll hear from 2 Fed presidents, Neel Kashkari and Austan Goolsbee, about when the central bank’s first rate cut could come.
May 10, 2024•42 min
Apple’s new ad is drawing criticism that the company is “crushing” everything. And at Google, profits are high, but worker morale is low. We’ll dig into that. Plus, many companies are making big moves after reporting their earnings. We’ll cover 3 key reports in a deluxe edition of Three Stock Lunch.
May 09, 2024•42 min
Regulators are reportedly investigating Tesla’s self-driving claims, including whether it committed securities fraud or wire fraud during that criminal investigation. We’ll bring you the latest details. Plus, Morningstar’s Outstanding Portfolio Manager of the Year, JPMorgan’s Clare Hart, joins us to discuss her 20-year run as the head of the one of Wall Street’s most under-appreciated funds.
May 08, 2024•42 min
We’ve got lots of huge stories in the tech space today. Apple is making headlines. Washington is targeting tech platforms. And Stanley Druckenmiller has some strong words on AI. We’ll tell you all you that you need to know. Plus, we’ll do a deep dive into the future of the advertising industry – including why Amazon’s approach to retail media could redefine the ad space as we know it. MNTN CEO Mark Douglas will join us to discuss.
May 07, 2024•42 min
This hour we’ll break down what we heard from Warren Buffett at the Berkshire Hathaway annual shareholder meeting over the weekend. Plus, we have a pair of power players on the menu: Citadel’s Ken Griffin, and the Head of Volkswagen’s Americas Group.
May 06, 2024•42 min
Stocks are rallying to end the week, as the jobs number came in short and the unemployment rate rose, leading some to believe the Fed could start cutting rates soon . Markets seem to be going with “bad news is good news.” We’ll discuss what it all means for you and your money.
May 03, 2024•42 min
A day after Fed-induced whiplash, markets are moving higher. There’s a lot of anticipation for Apple’s results after the closing bell. We’ll dig into what the company could possibly say to satisfy investors. Plus, shares of Carvana are surging, up more than 30% today and nearly 1,500% in the past year. And more and more analysts are now becoming believer in it. Should you join them? We’ll trade it.
May 02, 2024•42 min
The Federal Reserve held its ground on interest rates, keeping its benchmark short-term borrowing rate between 5.25%-5.50% as stubborn inflation persists. The federal funds rate has been at that level since July 2023, when the Fed last hiked and took the range to its highest level in more than two decades. With its decision to hold the line, the committee in its post-meeting statement noted a “lack of further progress” in getting inflation back down to its 2% target. We’ll break down exactly wha...
May 01, 2024•31 min
We’re just 24 hours away from the latest Federal Reserve decision on interest rates, with more conflicting economic data coming out today. We’ll discuss the difficult position for the Fed right now. Plus, the other big piece of the market puzzle right now is earnings. We’ll trade some of the big names which reported results, and preview some more that are on deck.
Apr 30, 2024•42 min
Stocks are building on Friday’s rally and getting a boost big from Apple, which is contributing to gains for all the major averages. We’ll discuss what it means for markets. Plus, shares of Tesla are surging on news of Elon Musk’s surprise visit to China, and a deal to get approval for full self-driving there. We’ll get the key details.
Apr 29, 2024•42 min
Stocks are rebounding today, continuing the turnaround that began late yesterday morning. The Nasdaq is the outperformer today, boosted by strong earnings from Microsoft & Alphabet. We’ll dive into that and much more.
Apr 26, 2024•42 min
The CNBC Stock Draft is our annual stock-picking competition pitting market professionals, athletes and celebrities against each other. Each team makes two picks from a list of 60 stocks and other investments. The winning team’s stocks garner the highest average price appreciation between the closing prices of April 25th, 2024, and Feb. 7th, 2025.
Apr 25, 2024•46 min
Earnings season rolls on, with many major companies reporting results. We’ll break down some of the reports we’ve gotten so far, and preview some that have yet to come. Plus, we’re just 24 hours away from one of our favorite days of the year: the CNBC Stock Draft! Analyst Tim Seymour will join us with some key names to watch in this year’s competition.
Apr 24, 2024•42 min
A huge week for earnings reports rolls on, with tech, energy, autos, airlines and consumer staples all in the spotlight. We’ll break down the key results for you. Plus, a new report from UBS warns 45,000 retailers are at risk in the next few years. We’ll ask the analyst which names he sees on the chopping block, and which remain strong.
Apr 23, 2024•42 min
As more and more American executives take a stand on social issues, their companies are having invest more and more into their personal protection. We’ll dive into that. Plus, we’re already seeing backlash on social media over a potential TikTok ban in the U.S. We’ll explore the fallout for users and creators alike.
Apr 22, 2024•42 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Apr 19, 2024•42 min
The S&P 500 and Nasdaq are both riding 4-day losing streaks, while the Dow is having its worst month in over a year. What can turn this trend around? We’ll ask our experts. Plus, Caitlin Clark is on the verge of getting a huge contract from Nike for a signature shoe. We’ll speak to WNBA Commissioner Cathy Engelbert about the impact Clark is having on the sport.
Apr 18, 2024•42 min
Markets continue to grapple with the possibility of zero rate interest cuts this year. We’ll get the latest read on the economy from the Beige Book, and tell you all you need to know. Plus, a Boeing whistleblower is testifying on Capitol Hill today. He says the company is putting out defective airplanes. We’ll talk to a $BA shareholder about this latest block eye for the company.
Apr 17, 2024•42 min
The Dow is trying to snap a 6-day losing streak, but new comments from Fed Chair Jerome Powell about a lack of progress on inflation could hinder that. We’ll discuss. Plus, while today’s focus is on earning and the Fed, geopolitical tension is taut. We’ll talk to a global insurance expert about the threats to business and the macro economy.
Apr 16, 2024•42 min
Stocks are falling as rising yields overshadowed strong Goldman Sachs earnings, hot retail sales data and hopes that the conflict in the Middle East will not escalate further following Irans’s weekend air assault on Israel. We’ll tell you all you need to know.
Apr 15, 2024•41 min
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. We’ll tell you all you need to know.
Apr 12, 2024•42 min