The Exchange

Shaky Ground, Out of Fashion, and Goodbye Value?

Rising cases, rising jobless claims and rising doubts about more Covid relief have the markets on shaky ground. We’ll have the latest and see if earnings can help the market. Plus, one analyst says a number of retailers could be negatively impacted if a blue wave sweeps over Washington. He joins us with the names. And, growth stocks have been outperforming value so far this year, now one major value fund is closing up shop….are investors completely giving up on value? We explore....

Alphabet soup, treatment setbacks and Black Friday(s)

As the market reverses lower, some investors could be misreading the signs when picking a letter to describe the economic recovery. We’ll explain. Plus, Eli Lilly is pausing its Covid antibody drug trial, now the second virus treatment setback this week. Should investors rethink their strategy in the healthcare space? We’ll debate. And, Walmart is throwing out its Black Friday playbook, and breaking it up into three separate sales events. Could this be a winning strategy? We explore in Rapid Fir...

Apple’s big event, cash on the sidelines and a “JV” ETF

Apple kicks off its biggest product event in years, announcing four new 5G- supported iPhone 12 models. We’ll bring you the key details as they break, and tell you all you need to know. Plus, Blackrock CEO Larry Fink says he sees signs of “underlying strength” in the market, including investors sitting on the sidelines who could pump even more cash into stocks. Is he right? Our market experts debate. And, Invesco is launching a “junior varsity” version of its successful Nasdaq 100 ETF, the QQQ. ...

Three driving forces, retail’s mega-deal race and the future of live shopping

There are three big forces at play in the market right now: vaccine, election and earnings. Which will be the biggest catalyst for gains? Our market experts debate. Plus, Amazon Prime Day kicks off after months of delays, and other big box players are cashing in with sales of their own. Who will come out on top? We explore. And, brands like Levi’s and Tommy Hilfiger are betting on QVC-style live pitches to reach shoppers amid the pandemic. Is this the next big idea, or a fad destined to flop? We...

Trump Calls for More Stimulus, Energy’s Big Week, Launching a Business During the Pandemic

Stocks climb on reports that Pres. Trump intends to raise the stimulus offer to $1.8T, but two strategists say the markets going higher with or without a deal. They tell us where they’re seeing opportunities. Oil making big moves this week, and energy getting the of approval from Carl Icahn. Should investors jump in? Plus, despite thousands of small businesses closing, many are also launching during the pandemic. We have a look at what’s behind the surge.

What’s the Deal?, Banking Bonanza, and a Muni Mess?

Will they or won’t they? Speaker Pelosi says there won’t be a skinny deal for airlines without a broader Covid relief bill. This after the President called talks “productive.” We look at the market impact from all the back and forth. Plus, financials finding some footing recently as we head into a big week of earnings for the sector. We’ll debate what names should be in your portfolio ahead of the results. And, the pandemic is taking its toll on municipal finances across the country, and the wor...

Stocks like Skinny, Eli Lilly’s Big FDA Move, & a Real Threat to Tech Titans?

Stocks are rallying as the President proposes smaller, targeted relief aid but do investors believe this is real progress? We debate. Plus, Eli Lilly has filed for FDA emergency use authorization of its Covid-19 antibody drug. We’ll speak with the CEO about the treatment, the potential timeline, and what production could look like. And, in its lengthy report, Congress concludes four big tech giants have monopoly power and it’s time for changes. We look at what is likely to make its way into the ...

Powell Gets Cautious, Coffee & Carne Asada and Spending Without a Stimulus

Fed Chair Jerome Powell saying the pace of the recovery is slowing and more support will be needed… we discuss what it means for the markets. The teens aren’t spending, according to a new survey, but there is one sector they’re splurging on. We dig into the results. And while teens aren’t spending, adults could be around the holidays even if there isn’t another round of stimulus, according to one analyst

From Washington to Wall Street, When the Bill comes…, and Roll the Credits.

As the case count rises in Washington, we look at who has it, and the potential impact on top issues for investors. Plus, two major issues the U.S. will have to deal with after the pandemic…weaker population growth and the drag of high debt. We look at the fallout for the economy. And, an industry on the brink. We’ll look at the future of theaters, malls and Hollywood as cinemas close down again, and the impact it’s having on stocks.

Investors react as the President tests positive for COVID-19

A big day for the markets, the economy and the U.S. after President Trump and his wife test positive for covid-19. We breakdown what it means for investors, policy negotiations, the campaign and the fate of this pandemic.

Tech Tries to Regain Footing, Recruiters are Bullish, and Stimulus Problem Solving

Tech trying to regain its footing after its September swoon. A top portfolio manager reveals what he’s buying now. Despite the ongoing economic uncertainty, recruiters are still bullish ahead of tomorrow’s jobs number. And the stimulus stalemate…with talks frozen in Washington, we talk to a Republican Congressman about his caucus’ bipartisan bill.

Special Episode | The News with Shepard Smith

Today, CNBC launched its newest daily podcast, The News with Shepard Smith. Each day, expect deep, non-partisan coverage and perspective on the day's most important stories. Featuring on-the-ground reporting from around the globe, The News with Shepard Smith goes beyond the headlines to give listeners sharp context into the world around them. It is punctuated by compelling, thought-provoking expert guests – all pulled together by Shepard Smith's trademark devotion to speed, accuracy and the trus...

Palantir Opens for Trading, Dallas Fed’s Kaplan on Dissent, What NOT to do in an Election Year

Palantir opens for trading, we have the tick by tick of its debut. Dallas Fed President Robert Kaplan discusses his dissent in the FOMC decision earlier this month. Plus, one strategist tells us the worst thing investors could do during an election year.

Covid Fears Weigh on Stocks, Strong Consumer Sentiment and the Value of “Nothing”

The covid pandemic has killed one million people, and with New York considers shutting down hot spots again, those worries are weighing on stocks. Two strategists weigh in on whether investors should brace for a repeat of March. And despite the stock market’s September swoon, consumer sentiment was strong. We have the latest read from The Business Roundtable. Plus, the value of “nothing.” Why intangible assets may be a better place to put your money than the traditional value index....

Key Deadline for Airlines, IPO-mania and Josh Brown’s Favorite Investing App

October 1 could bring furloughs for more than 30,000 airline employees. Will they get another lifeline? We discuss. It’s a hot week for IPOs, we take a look at the names poised to go public. And Halftime Report’s Josh Brown called it his ‘favorite investment app on Earth,’ we talk to the founder of Earnings Call about what sets his product apart.

Introducing The News with Shepard Smith – Coming Soon

The News with Shepard Smith is CNBC's daily news podcast providing deep, non-partisan coverage and perspective on the day's most important stories. Featuring on-the-ground reporting from around the globe, The News with Shepard Smith goes beyond the headlines to give listeners sharp context into the world around them. It is punctuated by compelling, thought-provoking expert guests – all pulled together by Shepard Smith's trademark devotion to speed, accuracy and the trust of his audience. Availab...

The stimulus debate, Palantir’s valuation continues to rise and Wall Street loves Draftkings

Washington may see some movement on another stimulus plan and many say that could be bullish for the markets. We’ll look at where the opportunities could be. And, Palantir’s valuation continues to rise as it gets ready to list next week. The WSJ’s Maureen Farrell give us the exclusive details on what wall street is expecting. Plus, another bullish call on Draftkings as the stock continues to soar and Qantas is selling its airplane bar carts.

Tech Tumult, Stalled Stimulus and Tariff Tantrums

Tech stocks having a whipsaw week and one portfolio manager says there is more pain ahead. He tells us where he’s seeing opportunities. And, St. Louis Fed Pres. Bullard says everything is great, while Goldman cuts its outlook…BofA economist Michelle Meyer gives us her outlook on the economy as stimulus is stalled. Plus, it’s corporate America v. the Trump administration…why thousands of companies are filing suits.

The Next Shape of the Recovery, Office Vacancies’ Long Game and the Street’s Battery

Today marks the sixth month anniversary of the March lows, could markets be poised to go from a “V”-shaped recovery to a “W”? We discuss. Commercial real estate services firm Cushman and Wakefield doesn’t see an office vacancy recovery until 2025. Plus, the Tesla Battery Day debate, Nike just did it in the first quarter, and the biggest SPAC deal ever…all in today’s Rapid Fire.

Kudlow on Stimulus, Lowering the Voltage, and a Make-or-Break Moment for Apple?

The chorus is growing louder for Congress to pass a stimulus bill. Fed Chair Powell says its essential but with the Supreme Court fight looming, is there any chance Congress can compromise and push the bill through? We’ll ask NEC Director Larry Kudlow. Plus, Apple is down 20% from its high and one of our guests says the stock could be facing a make-or-break it moment. He tells us why. And, Tesla shares lower as Elon Musk tempers expectations for battery day. We look at what to expect, why it mat...

Markets Sell Off, What’s the deal with TikTok?, and Work-From-Home Winners

Investors are on edge as Coronavirus cases spike overseas, uncertainty over stimulus grows, and the future of the Supreme Court is up in the air. We look at the market impact and how to invest if volatility is here to stay. Plus, Chinese state media says the government won’t approve the TikTok deal in its current form, we’ll head live to Beijing for the latest and whether U.S. companies could be retaliated against should U.S.-China tensions escalate. And, Zoom Video, Peloton and Slack may be the...

TikTok on the clock, a “post-pandemic reset” and the software surge rolls on

The U.S. will block TikTok downloads starting Sunday, while sources tell CNBC that WeChat is “dead” in this country. We have the latest details, and explore whether a deal will come together to avoid this fate. Plus, Home Depot & Lowe’s have been huge beneficiaries of the stay-at-home trade. But one analyst says that’s about to change in a big, big way. He joins us to discuss. And, another day, another software IPO - this time, video game backer Unity. As its shares surge in their trading de...

A real rotation?, the future of medicine and Snowflake is melting

Transports, industrials and materials are stealing the spotlight from technology as market leaders. But can this new leadership keep the market moving forward? We’ll debate. Plus, telehealth player Amwell makes its public debut on the NYSE today. We’ll talk to the CEO about the future of medicine and its work amid the pandemic. And, shares of data darling Snowflake are falling today, after surging as high at $319 per share in its own IPO yesterday. But did it leave money on the table by pricing ...

Countdown to The Fed, a Facebook freeze and a red-hot Snowflake

The Fed is set to announce its decision on interest rates, wrapping up its final meeting before the election. We look at the market-moving comments investors need to watch for. Plus, dozens of celebrities are freezing their Instagram accounts as part of a one-day boycott. We explore the movement behind the social media protest in Rapid Fire. And, data startup Snowflake soars at its public debut, with shares even halted temporarily amid a rush of buying. We discuss whether there’s too much froth ...

Apple takes the stage, Buffett’s big data bet and is the worst behind us?

Apple unveils a bunch of new hardware and software offerings at its latest product event. We’ll bring you instant analysis of each new product as the announcements unfold. Plus, Berkshire Hathaway is making an unusual investment – a multi-million dollar stake in soon-to-IPO Snowflake. We explore what the investment means for both Snowflake and Warren Buffett. And, Bank of America’s top brass says consumer spending in August returned to 2019 levels, after a sharp decline earlier in the year. Is t...

50 days out, airlines’ turbulent year and the battle for TikTok is over

We’re just 50 days away from the biggest wildcard for the stock market: the presidential election. We explore what’s at stake for both voters & investors. Plus, it’s been a tough year for the airline industry, but lately investors appear ready to buy in again. We speak with JetBlue CEO Robin Hayes about investor appetite and the path to recovery. And, ByteDance has chosen Oracle as its U.S. partner in TikTok. But it’s not a buyout, or what President Trump requested. We break down the ins &am...

Alive & Well, Apple’s App Store Move, and the Refi Boom

Despite warnings from some high-profile investors this week, Bank of America says don’t worry, the Bull Market is alive and well. Are they right? We’ll ask. Plus, Apple issues new rules for the App Store and it’s sending the streaming stocks lower. We look at what’s changing and who’s impacted the most. And, a record number of Americans could be saving as much as $500 a month on their mortgage but they aren’t. We look at why and whether you could be one of them.

Struggling for direction, the read on realty and the NFL returns

The bulls and bears are fighting a tug-of-war for control of the market after a three-day tumble. What should investors do right now, and what would signal the end of the selloff? Our panel of experts debate. Plus, we talk to the CEO of one of the country’s biggest landlords to find out what his tenants are seeing in the economy right now. And, the 2020 NFL season kicks off tonight, and there’s a lot of money riding on its success. We explore who’s got the most at stake in Rapid Fire....

Excessive Enthusiasm?, The C-Suite-Main Street Disconnect, and a Bright Spot for Restaurants

Beating the Market, Tesla gets snubbed, and how low can Apple go?

We’ll speak with a fund manager whose 5-star fund is beating 99% of his peers and is up 68% year to date. The stocks he’s buying may not be on your radar. We’ll tell you the names and what makes them attractive. Plus, Tesla gets snubbed by not getting added to the S&P 500. We take a look at why that move is emblematic of the current market set-up. And, while most of Wall Street was yelling “buy” on Apple, Goldman went against the curve and said “sell.” We look at why and how low they think i...