In this conversation, CNBC reporter Kate Rooney helps walk us through the big changes that have created headwinds for payment giants Visa and Mastercard. We talk about the significance of Visa's bid for Plaid; the rise of new rival payment networks; and which crypto names could also end up significantly disrupting this space.
Kelly talks to Natalliance Head of International Fixed Income, Andrew Brenner. They cover the main issues markets could face as the Fed begins to taper bond purchases, and discuss how much Wall Street has changed in recent years--in ways that could complicate the Fed's efforts. Andy also talks about whether he thinks Wall Street is still a good career for young people, and which industries look more promising over the next decade.
Pres. Biden announcing he plans to release 50 million barrels of crude from the Strategic Petroleum Reserves, the Deputy Secretary of Energy joins us to discuss the plan and Goldman’s Jeff Currie tells us why he still sees oil going to $85/barrel. Nordstrom and Gap both report after the bell, what to watch for in the earnings report and whether these beleaguered brands can right the respective ships. And oil was a hot topic today, but there’s an under-the-radar energy stock one Evercore analyst ...
Austria implementing a lockdown amid rising covid cases spooking overseas markets and reopening stocks, including the airlines and Boeing, here at home. This as the WSJ reports the company is slowing down 787 Dreamliner manufacturing…but one trader is sticking by the stock. He tells us why. Policymakers learned a lot from the Great Recession, but Neil Irwin, Senior Economics Correspondent at the New York Times, says they’re misguided in applying them to the economic fallout from the pandemic. Pl...
Kohl’s reported a huge increase in sales thanks to strong hair and makeup revenues, CEO Michelle Gass weighs in. Portillo’s posts its first earnings report, and while shares initially took a tumble, commentary about the supply chain and pricing power on the earnings call recouped much of those losses. Portillo’s Chief Executive Michael Osanloo tells us what’s most important to the restaurant’s bottom line. And, Nike launches Nikeland on Roblox—marketing stunt or effective way to capture customer...
The return of shopping malls, demand for homes and the need to drill all need one thing in common: land. So is it better to bet on the location rather than on the business itself? We’ll explore. Plus, in today’s Earnings Exchange: we’ll give you the action, the story & the trade in Nvidia, Cisco & Bath & Body Works. And, after a post-earnings plummet and a 70% drop from its all-time high, is there finally a buying opportunity in Peloton? We’ll debate.
Today’s key word is inflation: companies are seeing it, consumers are experiencing it and Fed officials are calling for action to curve it. But the futures market says they won’t act anytime soon. Should you position for a long winter of high prices ahead? We’ll debate. Plus, the headline numbers may look good, but are retail sales actually falling? We’ll do some back of the envelope math to see what the data is telling us. And, in today’s Earnings Exchange: we’ll give you the action, the story ...
The President is set to sign one of the biggest infrastructure bills in history today. We’ll speak with the CEOs of Blink Charging & Siemens USA about the money, the plans and the impact. Plus, we’ll speak with a 5-star tech fund manager who saw gains of 88% last year. He’ll tell us what he’s buying now amid rising rates. And, in today’s Earnings Exchange: we’ll give you the action, the story & the trade in Walmart, Home Depot and Lucid results on deck.
Kelly questions whether the Fed can realistically afford to raise interest rates in this environment.
Wells Fargo’s message to investors following the latest inflation data: stick a fork in the tech trade! We’ll speak with the strategist behind the call on where to invest now. Plus, shares of cannabis company Green Thumb Industries are jumping after doubling profits. We’ll speak with the CEO. And, in today’s Earnings Exchange: from pre-profit to American staple, we’ll preview WeWork, Nvidia & Walmart results on deck.
Hot inflation numbers are turning up the pressure on the Fed, and raising questions about the speed of its taper. We’ll look at just how far behind the curve they might be. Plus, it’s no secret that auto prices have been soaring. We’ll ask the CEO of CarGurus if there are any signs it’s improving. And, in today’s Earnings Exchange: we’ll give you the action, the story and the trade in Lordstown Motors, Blink Charging & Warby Parker.
Kelly explains why the establishment’s dismissiveness of NFTs today mirrors early criticism of Picasso’s work decades ago.
Prices are jumping, inflation expectations are surging and the White House is playing defense. What does it all mean for socks and your portfolio? We’ve got your Inflation Nation plays. Plus, Rivian’s blockbuster debut could end up being the biggest IPO of the year. Can the capital help it reach scale and justify its price? We’ll explore. And, in today’s Earnings Exchange: we’ll give you the action, the story and the trade in Disney, Beyond Meat and SoFi Technologies on deck tonight.
Kelly explains why lawmakers’ "net zero" goals could mean big trouble for Exxon and other oil giants.
From cost pressures to supply chain woes, we’ll speak with a money manager who has three picks for your portfolio amid rising risks. Plus, commodities are suddenly out of favor, flat in the past month. Could this be the perfect buying opportunity? Goldman Sachs says “yes.” And, in today’s Earnings Exchange: we’ll give you the action, the story and the trade in Coinbase, Poshmark & Doordash on deck tonight.
Kelly explains why driverless cars are here to stay, despite the risks involved.
Investors are driving stocks – and crypto currencies – to all-time highs, while bond yields go the other way. We’ll speak with a strategist who says there will be one big winner in the search for yield, and he’ll reveal it for us. Plus, Elon Musk will sell 10% of his Tesla shares after a Twitter poll voted in favor of it. We’ll look at what else could be driving his decision making, and what it means for the company. And, in today’s Earnings Exchange: we’ll give you the action, the story and the...
Today’s trading seems to be all about the end of the pandemic, with Dr. Scott Gottlieb predicting the it could be over here in the U.S. by January. Reopening stocks are flying high, as pandemic trades get crushed. Is this the first day of the next chapter for markets? We’ll debate. Plus, Cinemark is forecasting a bounce back for the box office, but will movie-going ever return to pre-pandemic levels? We’ll ask the CEO. And, soaring energy prices have shares of U.S. natural gas giant EQT soaring ...
Economist David Rosenberg says inflation has finally peaked, and price pressure will start to ease soon. He’ll join us to explain why this is nothing like the 1970s, and how to position your portfolio too. Plus, the CEO of Choice Hotel joins us to discuss its earnings beat, and will also reveal a surprise winner of the work-from-home trend too. And, in today’s Earnings Exchange: we’ll bring you the action, the story and the trade in Uber, Shake Shack & Peloton results on deck tonight.
Kelly remarks on Tesla’s electric run past $1,000 per share.
We’re just an hour away from the Federal Reserve’s latest policy decision, and it’s sure to be a historic one. It’s widely expected to announce tapering of its asset purchases as the pandemic winds down. But the key question here is whether or not it has to move up the timeline for hiking interest rates as inflation continues to spike. We’ll cover it all, and bring you the latest details as they unfold.
Kelly explains why regulators are scrambling to catch up to cryptocurrencies’ meteoric rise.
The CDC’s advisory panel is just hours away from voting to give Pfizer’s Covid vaccine approval for kids aged 5 to 11. We’ll speak with Pfizer CEO Albert Bourla about that and the strong earnings the company just reported. Plus, our latest CNBC survey shows inflation has eclipsed Covid as the number one threat to our economy. We’ll discuss. And, in today’s Earnings Exchange: we’ll look ahead to Lyft, T-Mobile and Zillow results out after the bell.
Kelly explains why the biggest challenge right now is the economy running "too hot," not "too cold."
We just hit all-time highs for the Dow, S&P and Nasdaq, while bond yields are taking a breather today. But this is a big week that could test the bulls with earnings, a Fed decision and the October jobs report. We’ve got you covered. Plus, in today’s Earnings Exchange: we’ll bring you the moves, the stories and the trades in NXP Semiconductors, Clorox & Avis Budget after the bell. And, are we plunging head first into a nightmare travel season? We’ll give you the latest on the lines and c...
Kelly explains why Volvo’s IPO will be a tell about the future of the auto industry.
Stocks are reversing higher, even after Apple and Amazon both failed to inspire investors with their earnings. And the Nasdaq and S&P 500 just hit fresh record highs, even as earnings season remains a mixed bag. We’ll cover all the angles. Plus, the FDIC is considering how it can allow traditional banks to hold cryptocurrencies on their balance sheets. We’ll dive into the details. And, celebrity chef Bobby Flay joins to weigh in on food prices, labor costs, supply chain struggles and his lat...
The White House just announced details of its $1.75 trillion dollars social spending and climate bill. We’ll tell you what’s actually in it, what’s not, how it’s going to be paid for and whether it has enough support to pass. Plus, we’ll speak with two prominent CEOs to get their take on the economy, the labor shortage and inflation. And in today’s action-packed Earnings Exchange: we’ll look ahead to Apple & Amazon on deck, and Exxon Mobil & Chevron reporting tomorrow.
Markets are hovering near record highs, and one strategist says he’s looking to some beaten-down names like Boeing & Facebook to find more gains. He’ll explain what’s got him looking past the negative headlines, and seeing potential upside for both stocks. Plus, JetBlue just beat analyst estimates, but issued weaker-than-expected guidance for next quarter citing fuel and labor cost pressures. We’ll speak with the CEO. And, some big names report earnings after the bell today. We’ll bring you ...
Consumer confidence is bouncing back, as earnings season starts off hot, the housing market is strong and a potential stimulus deal is around the corner. Do the markets have a green light for gains for the remainder of 2021? We’ll ask the experts. Plus, as earnings season ramps up, we’ll bring you the action, story and trade ahead of three key reports: Microsoft, Alphabet & Robinhood. And, as the White House explores way to pay for its multi-trillion dollar spending plan, Janet Yellen says s...
