Stocks rose Thursday as tech shares climbed higher, managing to rebound from an earlier pullback over concerns of persistent inflation. Technology stocks lifted the S&P 500 and Nasdaq Composite into positive territory midday, as investors bought into the dip from earlier in the week. We’ll break down what it all means for you and your money.
Stocks are falling after March inflation data came in hotter than expected, likely pushing off interest rate cuts by the Federal Reserve that investors have been anticipating. We’ll break down what it means for you & your money. Plus, we’ll get a view from the top. Billionaire Tilman Fertitta will join us to weigh in on the hot CPI print and the state of the consumer.
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 ...
Treasury Secretary Janey Yellen is in Beijing today, with some tough words for China. She says it needs to change its policies on industry and the economy. We’ll dive into that. Plus, everyone’s talking about today’s solar eclipse. And lots of people are traveling to get a better look at it. We’ll tell you about the sudden hotspots that aren’t typical travel destinations.
Stocks are rebounding from yesterday’s sell-off, following a stronger-than-expected jobs report. So why are the markets liking a report that seems to give the Fed cover to stay “higher for longer”? We’ll discuss. Plus, we’ll be joined by real estate mogul Don Peebles. While many are worried about the commercial real estate market, he thinks now is a great time to buy. He’ll explain why.
Disney’s proxy fight is over, but the war of words isn’t done just yet. Who deserves more credit for the stock’s 50% rise since its lows last fall? We’ll discuss. Plus, certain well-known retailers have been late paying their suppliers lately. Could that be a signal of potential financial distress? We’ll tell you which names to watch.
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 ...
The Dow is down for a second day, continuing Wall Street’s lackluster start to the second quarter. Bond yields have increased as traders lower expectations that the Fed will cut interest rates in June. We’ll break down what it all means for you and your money.
California’s new minimum wage law takes effect today: $20 an hour. We’ll speak to the CEO of fast-food chain Raising Cane’s, which nearly has nearly 100 locations there, about the real impact of this wage hike. Plus, stocks are hitting a speed bump on the road to Dow 40K. Friday’s inflation data and comments from Jerome Powell have led some to believe the Fed could cut rates later than initially expected. We’ll discuss.
The S&P 500 is on pace to close out its best quarter in nearly 5 years. We’ll look at some of this quarter’s winners, and ask the all-important question: can the gains continue into Q2? Plus, if you can’t beat ‘em, join ‘em! Recording artists and labels are embracing AI tools for productions. So we decided to try some of them out for ourselves in a live demonstration.
Is “Meme Mania” making a comeback? Reddit shares have had a huge rally since its IPO. While shares of former president Donald Trump’s media company are up 70% this week. We’ll look at what could be different this time around. Plus, we’re following the drama at Disney. The company just settled its long-running legal dispute with Gov. Ron DeSantis, while it also faces a proxy fight ahead of next week’s shareholder meeting. We’ll break down everything at stake.
A cargo ship crashed into the Francis Scott Key bridge in Baltimore, destroying it in seconds. We’ll get a live report from the scene, and look into the economic disruption as well. Plus, private equity deals have climbed from $6 billion in 2019 to $31 billion last year. We’ll dive into that under-explored section of the economy with an industry insider.
Boeing CEO Dave Calhoun is set to step down at the end of the year, amid a very tumultuous time for the aerospace giant. We’ll break down what it all means for the company’s future. Plus, the EU is launching its first official investigations under its new competition law, the Digital Markets Act. That includes inquiries into tech giants like apple, Google and Meta. We’ll bring you the key details.
This market has been chock full of surprises. Especially when stocks, bonds, technical and options trades are all telling very different stories. So we’re going to break down the trade on a single stock, using three different schools of thought. Plus, the Olympics’ opening ceremonies are hitting the big screen – literally. IMAX will air them on more than 150 U.S. screens this summer. We’ll discuss that and changing trends across the theater landscape with IMAX CEO Richard Gelfond.
The DOJ is taking aim at Apple, as the tech titan faces a massive antitrust lawsuit. The stock is on pace for its worst day since August. We’ll bring you the latest details, including what’s at stake. Plus, the FTC just released the findings from it’s long-awaited supply chain study. And it has some bold claims relating to retail giants like Walmart, Amazon and Kroger. We’ll tell you all you need to know.
Stocks are on the rise, with the S&P 500 topping the 5,200 level for the first time as the Fed held rates at a 23-year high and maintained expectations for 3 cuts before the end of 2024. We’ll break down what that means for markets and your money, right up until Fed Chair Powell’s press conference.
We’re just 24 hours away from the latest Fed decision on interest rates. What will they do? And when will they do it? We’ll ask our experts for their opinion. Plus, we’ll get a live report from the second day of Nvidia’s AI developer’s conference. And we’ll speak exclusively to the CEO of Teradyne about it’s partnership with $NVDA.
Wall Street is waiting to hear from 2 important figures this week: Nvidia CEO Jensen Huang and Federal Reserve Chair Jerome Powell. Both will speak, but which one has greater market-moving potential? We’ll debate. Plus, March Madness kicks off this week, and the game has changed dramatically for college athletes. Now players can make money, and that’s cleared the way for one video game giant to cash in and spread the wealth, too. We’ll discuss.
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 ...
Tesla was once the darling of Wall Street, but now analysts are bailing on the name. We’ll talk to one who downgraded the stock today, cut his price target well below its current level, and said it isn’t so magnificent.Plus, the House just voted to ban TikTok. It’s splitting parties and joining strange allies. And two big Republican donors are on different sides of the issue. We'll explain this political tug of war.
The rally on Wall Street is resuming – especially for tech stocks – after this morning’s CPI report fell in line with expectations. With that out of the way, can anything stop the market momentum? Plus, we’ve heard a lot about organized retail theft. Our Courtney Regan was on-site as law enforcement raided and broke up an organized ring, which would steal from stores and resell online. We’ll take a deeper look at her investigation, “Selling Stolen.”
Elon Musk just donated billions of dollars in Tesla stock to his own charity – giving the organization money, and giving himself a tax break. But a new report claims the foundation has been mostly sitting on the cash, which could pose a problem for the billionaire. We'll explain. Plus, we've heard a lot about rising sea levels, but new data shows the ground is sinking. We'll dig into potential causes and impacts, next.
Stocks have turned lower this afternoon as markets digest the jobs report. 275,000 jobs were added in February – which was more than expected. Wages ticked up, but less than forecasted. And the unemployment rate jumped to 3.9%. Looking at the weekly market numbers, the S&P 500 is the only of the major averages set to finish the week with a gain. Plus, Bitcoin is on pace to close out a strong week with a new record, crossing $70,000 for the first time ever.
President Biden is set to deliver the State of the Union address tonight, and corporations are expected to be a target. We'll discuss what the President's proposed tax increases would mean for business and the stock market. Plus we'll talk to the CEO of Rivian, as he unveils its latest vehicle – which could be a make-or-break moment for the company.
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 ...
: Shares of Apple are falling once again – this time on concerns about sales in China. The stock is down 11% this year, compared to a 6% gain for the Nasdaq 100. Plus, Disney shares are reversing course after Bob Iger said he’s extremely confident that the company’s streaming offerings will be profitable by the end of this year. And Target shares are soaring after results beat on both the top and bottom lines, but there are still some areas of concern. We’ll discuss all that, coming up....
The European Union just slapped Apple with a nearly $2 billion fine. The commission said the tech giant has abusive rules for other music streaming providers. Shares are down 3% today, but it seems investors might be more concerned about Apple's perceived slow start to the AI race. We’ll have more on that. Plus, Macy’s stock is rallying 15% as Arkhouse Management and Brigade Capital raise their offer for the company to $24/share from $21/share. The retailer confirmed it received the offer and sa...
Elon Musk is suing Sam Altman and OpenAI. Musk says they breached a contract and got away from their mission to use AI for the good of humanity. Walter Isaacson, who knows Musk as well as anyone, will join us to discuss. Plus another big day of declines for New York Community Bank as the company flags new problems with its internal controls. We'll look at what this latest event means for banks and the markets more broadly.
Today is February 29, the rarest day on the calendar and we are marking what is known as Rare Disease Day. It's a day to bring attention to disorders affecting relatively few people, but there are still thousands of these diseases out there impacting millions of families. We'll talk to the head of the National Organization for Rare Disorders about the scope of the problem, plus the CEO of a company working in this area about the process for getting treatments approved. We'll also take a look at ...
