All eyes are on China, as voters in Taiwan re-elected its ruling party despite warnings from the regime in Beijing. We’ll discuss the fallout for markets, geopolitics and the global economy. Plus, another controversial tweet from Elon Musk. He says he wants more voting control over Tesla, or else he’ll take his great ideas elsewhere. We’ll tell you all you need to know.
Inflation and the Fed aren’t the only issues affecting markets right now – now are earnings, too. UnitedHealth is accounting for nearly all of the Dow’s losses on concerns over higher-than-expected medical costs. We’ll discuss. Plus, earnings for big banks are rolling in, with some signs that the sector is weakening. We’ll hear from Bank of America CEO Brian Moynihan about bank results, the state of the economy and much more.
Stocks are falling today, after the “rate cuts are coming soon” narrative took a hit thanks to hotter-than-expected inflation data. We’ll discuss what it means for both markets and the Fed. Plus, Bitcoin spot ETFs have officially begun trading after receiving SEC approval. But what’s the different between them? And which should you buy? We’ll explore all of the options.
Boeing CEO Dave Calhoun is doing damage control after that Alaska Airlines incident. We’ll speak to shareholder and brand expert about what he said, and he needs to do to reassure customers and investors. Plus, natural gas prices have been soaring to start the year. As the U.S. becomes the biggest exporter of liquified natural gas, we’ll look at some ways you can invest in the energy space right now.
Pharmaceutical giants are shelling out billions of dollars lately to buy promising new drugs. Is this a sign of good financial health, or a problem with pipelines? We’ll discuss. Plus, there’s more and more data coming out on Shein as it prepares for a U.S. IPO. We’ll break down it’s revenue numbers, and where it ranks compared to American retailers.
Shares of Boeing are sinking today, after a door plug blew out during an Alaska Airlines flight. And it’s just the latest problem for the 737-Max series. Is it just another one-off unfortunate event, or a bigger black eye for the company and its management team? We’ll discuss. Plus, stocks are higher across the board, despite Boeing’s move lower. So were last week’s declines just a healthy pullback? We’ll explore.
The economy added 216,000 jobs in December, much more than expected. While the unemployment rate held steady at 3.7%. But the labor participation rate saw its biggest one-month drop in nearly 3 years, meaning the pool of available workers is shrinking. Could this end up putting upward pressure on wages, and downward pressure on markets and economy? And what does it mean for the Fed’s plans? We’ll explore what it all means for you and your money.
Another day, another downgrade for Apple’s stock – the second this week. The shares are down more than 5% to start the year, as concerns over iPhone demand grow. We’ll speak to the analyst behind the latest call. Plus, Eli Lilly is taking weight-loss drugs directly to the consumer, setting up a new service to help patients get telehealth prescriptions. We’ll ask a medical doctor about the potential implications.
Federal Reserve officials concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to minutes from the December meeting released today. We’ll explore what that means for markets and your money. Plus, the auto market ended 2023 with the pedal to the metal, posting its strongest sales year since 2019. Are consumer smore flush with cash, or is this just a post-pandemic pickup for auto buying? We’ll discuss....
We’re keeping a close eye On oil prices, after Iran dispatched a warship to the Red Sea. Is this yet another sign that tensions in the region won’t end anytime soon? We’ll explore that and the outlook for crude. Plus, it’s not just the first trading day of the year, but the first day for a host of new CEOs at big corporations across America. We’ll break down the key risks and challenges facing the c-suite in 2024.
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 ...
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 ...
A major lawsuit could have huge implications for the future of AI. The New York Times is suing Microsoft and OpenAI, claiming its chatbots we’re trained using copyrighted articles. We’ll explore the potential fallout. Plus, the markets are once again in the green today. And even though the gains are small, record highs are being hit seemingly every day. We’ll discuss whether or not the record rally can continue into the new year.
If you didn’t get the new Apple watch for Christmas, you may not be able to get one for a while. A ban on importing it just took effect, with no relief from the White House. We’ll get the latest details. Plus, we’ll examine the best CEOs of 2023, and also which executives are on the hot seat heading into next year. We’ll ask leadership expert Jeff Sonnenfeld for his personal picks.
Stocks are holding onto gains today, with the major averages on pace for an 8th-straight positive week. Can the Santa Claus rally keep up momentum through the end of the year? We’ll debate, and give you some top picks for 2024 too.
We’ve got 2 big CEO interviews from a couple of very interesting sectors on deck today. We’ll hear from the Splunk CEO on cybersecurity. It seems like every day there’s a new attack. Are the hackers always going to be one step ahead? We’ll explore. Plus, the CEO of Group 1 Automotive will join us to talk the state of dealerships and the broader auto market, including the softer-than-expected demand for EVs.
The Dow is trying for it’s 10th-straight positive day, despite a major earnings miss from FedEx. Can the record rally keep rolling? We’ll ask the experts. Plus, the craft beer boom may be over, but they’re still popular -- and draining profits from bigger brewers. We’ll talk about the business side and stock side of the industry.
Today we’ll highlight 2 important topics having a major impact on business: AI and retail theft. We’ll talk to NJ Governor Phil Murphy about his plans to get the Garden State ready to be a leader in Artificial Intelligence. And Sen. Mark Warner & Sen. John Kennedy will join us as they introduce a bill aimed at protecting financial markets from AI manipulation. Plus, retail theft is changing the way we shop. More items are locked away, if they’re even in stock. Is it ruining the consumer expe...
Markets are starting the week off with gains, following 7 straight positive weeks from the major averages. We’ll talk to a market watcher about the biggest thing to watch in 2024. Plus, oil prices are rising as tensions heat up in the Red Sea. BP now says it will stop sending tankers there. We’ll get the key details, including all you need to know.
Markets are getting a reality check today. After soaring to new highs on hopes of the Fed cutting rates sooner than later, John Williams says they’re not talking about that right now. We’ll discuss the implications. Plus, despite the pullback, the major averages remain on pace for their 7th straight week of gains. But with a rally like that, our trader says some stocks have gotten ahead of themselves. We’ll get his take on 3 of them.
The Dow is notching another record high today, as the Post-Fed market rally rolls on. Can stocks keep this momentum going into the new year? We’ll discuss. Plus, we’ll look at the impact of interest rates on the real estate market. If we’ve hit a peak, could the market start to unfreeze? We’ll ask Don Peebles.
The Federal Reserve held its key interest rate steady for the third straight time, but also set the table for multiple cuts to come in 2024 and beyond. Along with the decision to stay on hold, committee members penciled in at least three rate cuts in 2024, assuming quarter percentage point increments. That’s less than market pricing of four, but more aggressive than what officials had previously indicated. We’ll break down what that means for markets and your money, right up until Fed Chair Powe...
We’re just 24 hours away from the Fed’s decision on interest rates. No change is expected. But with another tame inflation reading this morning, will the Fed hint when rates could start to come down? We’ll explore. Plus, AI is transforming everything we do, including banking. We’ll speak to an analyst who is looking at the regional banks, and breaking them out into AI leaders or laggards.
Today has seen a ton of deal-making news, each highlighting trends across multiple sectors. Arkhouse Management and Brigade Capital offered to buy Macy’s for $5.8 billion. Occidental Petroleum is buying Permian producer CrownRock for $12 billion. And Paramount shares jumped after reports of takeover interest. We’ll break down what these deals mean for their respective industries. Plus, the Los Angeles Dodgers agreed to pay all-star Shohei Ohtani a record-setting $700 million over 10 years. We’ll...
The U.S. added 199,000 jobs in November, more than expected and contrary to signs the labor market may be “cooling.” We’ll break down what it means for the Fed and markets. Plus, Google unveiled it’s new AI tool “Gemini,” and the stock soared. But now we’re learning more about what it can really do. We’ll speak to an analyst about what it can do for the stock.
There’s a big jobs report on deck tomorrow, as the labor market is showing signs that it’s starting to cool. We’ll discuss what to expect, and what it could mean for markets. Plus, we’ve had some big CEO interviews on CNBC this week. We’ll hear from the head execs of AMD, Amazon & ExxonMobil, and get our trader’s take on the stocks in Three Stock Lunch.
AMD just unveiled a new AI chip, in a direct challenge to rival Nvidia. We’ll bring you the details. Plus, striking Swedish mechanics are getting an assist from their neighbors in a labor dispute with Tesla. We’ll discuss.
Now that interest rates are up, many investors are seeking the safety of bonds or even money market funds. But those who have, also missed out on huge November rally. We’ll discuss. Plus, gamers are getting a look at Take Two’s ‘Grand Theft Auto VI’ release. The previous version did a billion dollars in sales in just a few days. Can the latest installment do even better? We’ll explore.
Markets are the story today, with stocks heading lower. Is this just a normal pull back in the midst of a larger rally, or a sign markets came too far, too fast? We’ll explore. Plus, shares of SAIC are hitting an all-time high after its latest results and improved guidance. The company does IT for the Department of Defense. We’ll speak to the CEO.
Pfizer’s effort to join the weight-loss drug craze just hit a major setback. Patients are quitting its trial after experiencing unpleasant side effects. We’ll bring you the details, and the stock reaction. Plus, our Retail Ecosystem series concludes with a look at luxury stocks. Is the high-end consumer still buying, or spending money elsewhere on things like experiences? We’ll ask an industry insider.
