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. >> that is a great analysis she should be on cnbc. one of those finance networks. >> send me your stockport folios. kristen: i would think the same thing, wouldn't it be great to have 60 million and picked that up in a bargain. in a few years it would realize the value attribute -- triple. >> is like buying a house at 15%, you get more capital. kristen: amazon is offering to pay you to pick up your own package. the company sent emails to prime customers to offer them to pick up orders of $25 or more of -- allocations of calls or whole foods. one way to cut cost on home deliveries and returns. amazon is reconsidering free shipping. has started charging $10 for grocery -- $10 for grocery orders less than $150. even though i'd not like i do not blame them. they try to stop people like me that by a lot of things and returning other things. i do not mean to. there are things yet to look at and say it is not for me. i feel terrible every time of my hope in the environment. this might be a good idea. >> that is what fueled its growth and suc
. >> that is a great analysis she should be on cnbc. one of those finance networks. >> send me your stockport folios. kristen: i would think the same thing, wouldn't it be great to have 60 million and picked that up in a bargain. in a few years it would realize the value attribute -- triple. >> is like buying a house at 15%, you get more capital. kristen: amazon is offering to pay you to pick up your own package. the company sent emails to prime customers to offer them to pick...
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May 17, 2023
05/23
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defending himself in a new interview with cnbc. why the twitter ceo says that he needs to post antisemitic tropes around george soros and the x-men, he absolutely has to do it. a bit. do it. a bit. one prawn. very good. did i say chicken wrong? tired of people not listening to what you want? yeah. the more we understand you, the better we can help you. that's what u.s. bank is for. ♪ known as a loving parent. known for lessons that matter. known for lessons that matter. known for being a free spirit. no one wants to be known for cancer, but a treatment can be. keytruda is known to treat cancer, fda-approved for 16 types of cancer. one of those cancers is advanced nonsquamous, non-small cell lung cancer, where keytruda is approved to be used with certain chemotherapies as your first treatment if you do not have an abnormal "egfr" or "alk" gene. keytruda can cause your immune system to attack healthy parts of your body during or after treatment. this may be severe and lead to death. see your doctor right away if you have cough, sho
defending himself in a new interview with cnbc. why the twitter ceo says that he needs to post antisemitic tropes around george soros and the x-men, he absolutely has to do it. a bit. do it. a bit. one prawn. very good. did i say chicken wrong? tired of people not listening to what you want? yeah. the more we understand you, the better we can help you. that's what u.s. bank is for. ♪ known as a loving parent. known for lessons that matter. known for lessons that matter. known for being a free...
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May 17, 2023
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defending himself in a new interview with cnbc. why the twitter ceo says that he needs to post antisemitic tropes around george soros and the x-men, he absolutely has to do it. ahead. >> today, the house maga caucus held the oversight committee hearing about quote, radical left wing policies pushed in our nation's capital. it was all transparent attempt to fearmonger about crime in a democratic and predominantly black city. freshman democratic congresswoman jasmine crockett of texas used her mind to remind her own to get their own house in order. >> my republican colleagues want to talk about keeping d. c. streets crime free. they can't even keep the hose of congress crime free because i got 24 seconds. my freshman colleague has just been indicted on 13 counts, 13 felony counts. but have they exhibited any courage to say, you know what, we will disallow this in our body, we will make sure to expel this individual? they have not. >> we are looking and we are seeing that sexual abuse offenses have increased over 40% in just one years
defending himself in a new interview with cnbc. why the twitter ceo says that he needs to post antisemitic tropes around george soros and the x-men, he absolutely has to do it. ahead. >> today, the house maga caucus held the oversight committee hearing about quote, radical left wing policies pushed in our nation's capital. it was all transparent attempt to fearmonger about crime in a democratic and predominantly black city. freshman democratic congresswoman jasmine crockett of texas used...
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May 19, 2023
05/23
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. >> watch fox, quit watching cnbc, watch fox. >> sandra: come back to new york any time. nice to have him here for a change, john. >> john: and i would have been happy. if i'd known, i would have loaned him a tie. >> nothing personal, john. >> sandra: house republicans meanwhile calling out the nih for backing a transgender study on children as young as 12 years old. that led to the deaths of two people. why was that study scrapped? we'll ask dr. marc siegel when he joins us. >> john: and first it was hotels, then gyms, and now rikers island? new york city may be looking to house migrants at the infamous jail as they run out of space in the city. is that an answer to the crisis? >> no information whatsoever, what kind of security, who is going to be here, who is not going to be here. what kind of people are we getting. knowing that i can be free to do the things that i love to do. i hope when i retire someday, they say, that guy made this place a special place to come to school and gave as much as he could to help the community. life... doesn't stop for diabetes. be ready
. >> watch fox, quit watching cnbc, watch fox. >> sandra: come back to new york any time. nice to have him here for a change, john. >> john: and i would have been happy. if i'd known, i would have loaned him a tie. >> nothing personal, john. >> sandra: house republicans meanwhile calling out the nih for backing a transgender study on children as young as 12 years old. that led to the deaths of two people. why was that study scrapped? we'll ask dr. marc siegel when...
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May 12, 2023
05/23
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apparently twitter's get ago new ceo according to elon musk, and cnbc is reporting nbc universal global advertising chief linda yaccarino is in advanced talks for that role. nbc uconn -- nbcu confirmed she is leaving the company, effective immediately. will this change anything for twitter? >> to work under elon musk under this bubble he overpaid for, you have to have a streak of masochism to you. i can't imagine this ending beautifully, unless they have a grand master plan to bring back advertisers, they've alienated so many people with the blue check mark scandal, with the return of trolls and right wingers, that i don't see how you put humpty dumpty back together, and even though he says i'd rather not manage people day-to-day. can you imagine him not micromanaging something he overpaid for. but then again i don't understand people worth more than $100 billion. i'd sooner have taken the ceo of amtrak over this. it's just like a thankless job, but you know what, surprise me. >> robin farzad, say tuned, happy friday, my friend. >> likewise. >>> peloton is recalling more than 2 million
apparently twitter's get ago new ceo according to elon musk, and cnbc is reporting nbc universal global advertising chief linda yaccarino is in advanced talks for that role. nbc uconn -- nbcu confirmed she is leaving the company, effective immediately. will this change anything for twitter? >> to work under elon musk under this bubble he overpaid for, you have to have a streak of masochism to you. i can't imagine this ending beautifully, unless they have a grand master plan to bring back...
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May 17, 2023
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> and now to a new wide ranging interview with elon musk, the tesla and twitter chief sat down with cnbc's david faber for a conversation that touched on growing u.s./china tensions, his own controversial tweets, which he defended and why he has allowed former president trump back on the platform. >> president trump is allowed back on the platform. is that something -- i assume that's not something you believe? >> i -- well, i think the answer -- the answer is nuanced. like, do i believe biden won? yes, i believe he won. >> and you voted for him. >> i did actually. >> do you regret that? >> i mean, man, i wish we could have just a normal human being as president, that's what i want. >> and you can watch more of that interview over on cnbc.com. >>> up next here on "ana cabrera reports," we are getting closer perhaps to two presidential announcements from these two big name republicans. >>> plus, democrats have introduced a resolution to expel indicted republican congressman george santos from the house. a number of republicans have called on him to step down, will they come on board? oard i
> and now to a new wide ranging interview with elon musk, the tesla and twitter chief sat down with cnbc's david faber for a conversation that touched on growing u.s./china tensions, his own controversial tweets, which he defended and why he has allowed former president trump back on the platform. >> president trump is allowed back on the platform. is that something -- i assume that's not something you believe? >> i -- well, i think the answer -- the answer is nuanced. like, do i...
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May 19, 2023
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eastern on cnbc before shifting overrnki, thank you, ey the race. mika, back to you. >> all right, so jonathan lemire, the very end of y 25th hour of television of the week, i want to see how good you are. what are the big stories that you were looking at today? how clear can you be or are you going to start slurring your words? >> mika,ky do it. the president of course overseas in japan. still the g-7. that's being overshadowed by those debt ceiling talks here at home. staff working now, the president looking to resume negotiations himself when he returns to washington sunday night. >> the kid's pretty good. >> how'd i do? >> pretty good. that does it for us this morning, ana cabrera picks up the coverage right now. >>> hello, we made it to friday. it is 10:00 eastern. i'm ana cabrera reporting from new york. thank you so much for joining us. we are following breaking news this morning, a surprise guest heading to the g-7 summit in japan. ukraine's president zelenskyy expected to appear in person eans for the battle as the group considers even hars
eastern on cnbc before shifting overrnki, thank you, ey the race. mika, back to you. >> all right, so jonathan lemire, the very end of y 25th hour of television of the week, i want to see how good you are. what are the big stories that you were looking at today? how clear can you be or are you going to start slurring your words? >> mika,ky do it. the president of course overseas in japan. still the g-7. that's being overshadowed by those debt ceiling talks here at home. staff...
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May 9, 2023
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out and what could happen next from treasury secretary janet yellen on our sister network yesterday, cnbc. >> if congress doesn't raise the debt ceiling, the president will have to make some decisions about what to do with the resources that we do have. and there are a variety of different options. but there are no good options. every option is a bad option. there just is no good option other than raising the debt ceiling. >> reporter: it shows you how complex the situation is there, the white house wants a clean debt ceiling raise. republicans don't want that at all. so this is really an intractable starting point for some of these talks. ana? >> let's go to the hill to get the other side here. ryan, what are we hearing from speaker mccarthy, what are the other congressional leaders all hoping to get out of today's talks? >> reporter: well, in many ways, and it is almost remarkable that despite that letter from janet yellen a week ago the position, the public position of the congressional leaders that are going to be in this meeting today has not moved an inch. democrats insist they will
out and what could happen next from treasury secretary janet yellen on our sister network yesterday, cnbc. >> if congress doesn't raise the debt ceiling, the president will have to make some decisions about what to do with the resources that we do have. and there are a variety of different options. but there are no good options. every option is a bad option. there just is no good option other than raising the debt ceiling. >> reporter: it shows you how complex the situation is...
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May 1, 2023
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joining me now, cnbc senior markets correspondent, dominic chu, monica alba outside the white house. what does this takeover mean? how are the markets reacting to it? does this end the crisis or just another step in spreading crisis? >> those are all good questions. and i'll start with it by saying to try to answer all of them that this deal for jpmorgan chase to require them to buy after they held an auction where some other banks participated as well to see if they would want to buy those first republic assets. now, jpmorgan will get all of those deposits and substantially all the assets at the bank as well. now to put that in numbers terms, that's roughly $92 bill in deposits and that includes the 30 billion and other banks put into first republic last month as a sign of faith in the bank. it will also take on around $173 billion in loans outstanding that first republic has put out there and $30 billion in a securities portfolio. now, in order to get this deal done, jpmorgan and those federal regulators at the fdic both agreed to share in any potential future losses on any of thos
joining me now, cnbc senior markets correspondent, dominic chu, monica alba outside the white house. what does this takeover mean? how are the markets reacting to it? does this end the crisis or just another step in spreading crisis? >> those are all good questions. and i'll start with it by saying to try to answer all of them that this deal for jpmorgan chase to require them to buy after they held an auction where some other banks participated as well to see if they would want to buy...
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May 31, 2023
05/23
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his chief allies who negotiated this bill with democrats, was especially confident this morning on cnbc talking both to his members, their audience, and the markets saying, stay calm, we got this. take a listen. >> it's going to be a long day. i think the votes are there on both sides, democrats will produce some votes in the nature of a deal like this, both parties have to reach votes. republicans will carry then lion's share, as we should. >> hakeem jeffries has said he is going to vote for this compromise bill. a lot of other members of leadership and the center of the democratic caucus will find they will -- themselves doing the same thing. progressives fall off. some have started to come out and say they will be nos. with the majority of the house republicans voting in favor of this and i think a big chunk of democratic caucus, we appear to be on a reasonably good path to get this through the house sometime tonight. >> in spite of the efforts, the dow and s&p on its way down. i want to get to kristin welker at white house. the president is holding a briefing on hurricane and fire p
his chief allies who negotiated this bill with democrats, was especially confident this morning on cnbc talking both to his members, their audience, and the markets saying, stay calm, we got this. take a listen. >> it's going to be a long day. i think the votes are there on both sides, democrats will produce some votes in the nature of a deal like this, both parties have to reach votes. republicans will carry then lion's share, as we should. >> hakeem jeffries has said he is going...
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May 21, 2023
05/23
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david henderson, civil rights returnee and cnbc contributor. and katie benner, national reporter at the new york times and msnbc crown tribute are. katie, what can you tell us about the self-described whistleblower that jordan put forward this week. >> thanks, according to the fbi, the whistleblower's themselves were involved in january 6th in ways that were concerning to the bureau. the one witness, he was at the capitol on january 6th. he was in restricted areas. he was in places he shouldn't have been. when asked about it by the fbi, he gave false testimony. so they feel this is extremely concerning, and they revoked his security clearance. another was of the whistleblower's have made statements in public and on social media that allude to the fact that he doesn't believe that the bureau itself has done incredible work. when you have witnesses that are in opposition to the very bureau they work with, this is really concerning. particularly vis-À-vis the offensive of january 6th. this is for many people, this is going to be a blow to their c
david henderson, civil rights returnee and cnbc contributor. and katie benner, national reporter at the new york times and msnbc crown tribute are. katie, what can you tell us about the self-described whistleblower that jordan put forward this week. >> thanks, according to the fbi, the whistleblower's themselves were involved in january 6th in ways that were concerning to the bureau. the one witness, he was at the capitol on january 6th. he was in restricted areas. he was in places he...
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May 21, 2023
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and david henderson, a civil rights attorney and cnbc contributor, and katie benner, national reporter at the new york times, and msnbc contributor. katie benner, what can you tell us about this self-described whistleblower situation put forth this week? >> yeah, so, according to the fbi that whistleblowers themselves were involved in january 6th and ways that were concerning to the bureau. that one witness -- he was at the capitol on january 6th. who is in affected areas. he was in places where he should not have been. and when asked about it by the fbi, he gave false testimony. so -- they felt this was extremely concerning and they revoked his security clearance. another was of the whistleblower's have made statements in public and on social media that allude to the fact that he doesn't believe that the bureau itself has done incredible work. and so you have witnesses that are in opposition to the -- they work with this is concerning particularly vis-À-vis the events of january 6th. this is -- so, for many people, this is a blow to their credibility but not for jim jordan. >> david,
and david henderson, a civil rights attorney and cnbc contributor, and katie benner, national reporter at the new york times, and msnbc contributor. katie benner, what can you tell us about this self-described whistleblower situation put forth this week? >> yeah, so, according to the fbi that whistleblowers themselves were involved in january 6th and ways that were concerning to the bureau. that one witness -- he was at the capitol on january 6th. who is in affected areas. he was in...
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May 21, 2023
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david henderson, a civil rights attorney and cnbc contributor, and kaitlin fedor, national reporter at the new york times. and nbc contributor. katie, what can you tell us about the self-described whistleblower that was put forward this week? >> according to the fbi, the whistleblower's themselves were involved in the january 6th, in ways that were concerning to the bureau. , one witness was at the capitol january six, in restricted areas. he was in places where he should not have been. when asked about it by the fbi. he gave false testimony. so it's extremely concerning, the revoke his security clearance. another it was of the whistleblower's, he was made statements in public, on social media which allude to the fact that he does not believe that the bureau has done incredible work. when you have witnesses in opposition to the bureau they work with, you know, this is concerning, particularly vis-À-vis the events of january six. so for many people, this will be a blow to their credibility. >> david, i want to play for you another exchange from the hearing. here is democratic congressm
david henderson, a civil rights attorney and cnbc contributor, and kaitlin fedor, national reporter at the new york times. and nbc contributor. katie, what can you tell us about the self-described whistleblower that was put forward this week? >> according to the fbi, the whistleblower's themselves were involved in the january 6th, in ways that were concerning to the bureau. , one witness was at the capitol january six, in restricted areas. he was in places where he should not have been....
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May 15, 2023
05/23
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annabelle: he talked to cnbc. he is looking at june, 2000 six in particular because he is saying that was a period in which the fed stopped raising rates and we continued to see equities raise for a further year. he is saying that essentially that is why we can expect stocks to rise for it he says the fed is done raising rates, inflation has been quelled. he says even if we do see recession, which he does see for the third or fourth quarter, we can expect gains to extend for equities. haidi: annabelle with a look at the radius -- a look at the latest. distance is starting to feel the crunch tried to policy. he told us policymakers are making headway in the fight against inflation. >> when i think about the trajectory of inflation, i think we made really good progress on it. you think about where the economy was and where inflation was last summer compared to today, we have seen really positive things happen. we are not denying at 10 percent levels, we are in the 4.5% range. that is still two times what our target
annabelle: he talked to cnbc. he is looking at june, 2000 six in particular because he is saying that was a period in which the fed stopped raising rates and we continued to see equities raise for a further year. he is saying that essentially that is why we can expect stocks to rise for it he says the fed is done raising rates, inflation has been quelled. he says even if we do see recession, which he does see for the third or fourth quarter, we can expect gains to extend for equities. haidi:...
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May 17, 2023
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especially as seeing that afterwards in the interview with cnbc he said this is something that he agreed on stage right then when he announced it for the shareholders. what he did say is it needs to be advertising that approaches content, informative, that someone does not feel like they wasted time watching it. what that looks like, we do not know. going forward, tesla needs to find a broader audience. they need to find were a discussion is at a lower price point, trying to appeal to other people. there is a lot of criticism that elon musk has now acknowledged, that the current way of doing advertising through social media, he is preaching to the converted. manus: thank you so much. aggi on the latest from elon musk. now he is up to the possibility of testing the market with advertising. do you ever dream of working from home again? dani: no. i refuse to ever work from home again. it is clunky in our job. but that is just us. there are plenty of people working from home and are happy about that. manus: the one thing is that americans are not willing to relocate or a new job. cannot move
especially as seeing that afterwards in the interview with cnbc he said this is something that he agreed on stage right then when he announced it for the shareholders. what he did say is it needs to be advertising that approaches content, informative, that someone does not feel like they wasted time watching it. what that looks like, we do not know. going forward, tesla needs to find a broader audience. they need to find were a discussion is at a lower price point, trying to appeal to other...
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May 29, 2023
05/23
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there you go. 25 years ago on cnbc. another emerging market -- the next president of africa's most populous country will be sworn into nigeria. he won with 37% of the vote. let's bring in our own bloomberg african correspondent. you were there for the election. the inauguration is now. what is the state of the country? >> as you mentioned, 37% of the vote is what he secured which means he will be the first president in this country's history to secure the presidency with under 50%. when we talk about the state of the country you look at how divided it is and we are still seeing opposition parties in the courts trying to challenge the presidency. despite this he is still going to be and argue rated today as the 16th president of nigeria. a lot of people are pointing to the fact that because of the low voter turnout and how little he secured for the presidency, he has a lot to do to not just repair their fragmented economy and the fragmented parties and communities in nigeria but also on the global stage. investors are wa
there you go. 25 years ago on cnbc. another emerging market -- the next president of africa's most populous country will be sworn into nigeria. he won with 37% of the vote. let's bring in our own bloomberg african correspondent. you were there for the election. the inauguration is now. what is the state of the country? >> as you mentioned, 37% of the vote is what he secured which means he will be the first president in this country's history to secure the presidency with under 50%. when...
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May 9, 2023
05/23
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she told cnbc the government would need to figure out what to do with the resources we do have. president biden is meeting with congressional leaders today on the debt ceiling. global news 24 hours a day on air and on bloomberg originals i'm simone foxman and this is bloomberg. >> a question of the day, what crack's the debt ceiling debt lot -- deadlock. the chair of the treasury borrowing committee is also the cohead of the global financing group. basically you are one of many that can talk to treasury about economic conditions, what do you think. what will crack the debt ceiling. >> we are hopeful the meeting this afternoon can find a path forward. not resolving this would have catastrophic issues for the economy. sonali: help us understand what those consequences would be. >> you're finding investors are preferring to have securities that have matured toward the end of may rather than -- so they get this which are inefficient and create extra cost for the taxpayers. taxpayers paying a higher rate than they should have to because of this. you take it further to the extent the
she told cnbc the government would need to figure out what to do with the resources we do have. president biden is meeting with congressional leaders today on the debt ceiling. global news 24 hours a day on air and on bloomberg originals i'm simone foxman and this is bloomberg. >> a question of the day, what crack's the debt ceiling debt lot -- deadlock. the chair of the treasury borrowing committee is also the cohead of the global financing group. basically you are one of many that can...
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May 17, 2023
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he acknowledged in an interview with cnbc after the agm that by focusing most of their marketing on word-of-mouth and twitter, he is essentially preaching to the converted. he needs to preach to a broader audience and to traditional marketing is the way to go for tesla. tom: excellent stuff, it terms of what we have been hearing from elon musk. another line that was interesting was around work from home. he has been making them come into the office 40 hours minimum a week. he said those who work in their laptops are in lala land if they think they can sit at home. and he said morally there was a question when you think about people in services and factories who have to be in the work waste, versus -- the workplace, versus the white-collar worker. francine: it was interesting because most chief executives would say i want to focus on company culture. but he did call it a morally dubious practice. i don't know if it is especially if you have a long commute. it reinforces the culture if you see each other face-to-face. it is an front -- affront people who have to go into the office. tom: the survey
he acknowledged in an interview with cnbc after the agm that by focusing most of their marketing on word-of-mouth and twitter, he is essentially preaching to the converted. he needs to preach to a broader audience and to traditional marketing is the way to go for tesla. tom: excellent stuff, it terms of what we have been hearing from elon musk. another line that was interesting was around work from home. he has been making them come into the office 40 hours minimum a week. he said those who...
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May 17, 2023
05/23
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house speaker kevin mccarthy told cnbc he is confident there will be no default on the debt. for vice president mike pence calling for an end to the fed dual mandate. he says central bank should focus only on fighting inflation and leave the job creation to congress and the president. he told bloomberg the fed should return to his historic mission of ensuring sound monetary policy. he is considering challenging donald trump for the republican nomination next year. bank of england governor and jubail he says he is unwavering in his commitment to u.k.'s -- andrew bailey says he is unwavering in his commitment to u.k.'s target. he spoke at the global annual conference of the british chambers of commerce. india lodging to billion-dollar plan to attract makers of laptops and other hardware. prime minister capitalizing on the early success of apple's iphone assembly operation in india. tech companies looking to expand supply chains beyond china. in pro basketball san antonio was the winner of the nba's most anticipated lottery drawing in the last two decades. that want the right to
house speaker kevin mccarthy told cnbc he is confident there will be no default on the debt. for vice president mike pence calling for an end to the fed dual mandate. he says central bank should focus only on fighting inflation and leave the job creation to congress and the president. he told bloomberg the fed should return to his historic mission of ensuring sound monetary policy. he is considering challenging donald trump for the republican nomination next year. bank of england governor and...
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May 9, 2023
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she told cnbc that the government would need to figure out what to do with the resources we have. president biden is meeting with congressional leaders today about the debt ceiling. the public is not showing much confidence in jerome powell. according to a new gallup poll, 36% of u.s. adults say they have a great deal or a fair amount of confidence that jay powell would do or recommend the right thing for the economy. that's the lowest level recorded since gallup track public confidence in the fed chair 2001. the former prime minister of pakistan has been detained. the former cricket star faces a number of court cases and was set to be formally indicted wednesday and it has to the allegations he did not properly disclose earnings from the sale of state gifts from his time in office. he has called for early elections next year after getting ousted in april, 2022 and a no-confidence vote. goldman sachs will pay $215 million to settle a long-running class action lawsuit on underpaying women. the case involved about 2800 female associates and vice presidents. it was closely watched in
she told cnbc that the government would need to figure out what to do with the resources we have. president biden is meeting with congressional leaders today about the debt ceiling. the public is not showing much confidence in jerome powell. according to a new gallup poll, 36% of u.s. adults say they have a great deal or a fair amount of confidence that jay powell would do or recommend the right thing for the economy. that's the lowest level recorded since gallup track public confidence in the...
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May 26, 2023
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cnbc reporting trademark products called index gpt will help customers select investments tailored to their specific needs. narrowing the annual for workday, measuring demand for software that helps businesses handle hr related tasks. coming up, how is ai impacting the travel industry? we will talk more with the choice hotels ceo. this is bloomberg. ♪ ii just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. caroline: welcome back to bloomberg technology. thank about the way in which you get through an airport. other fees worth it now that the tsa lines are getting faster. lines have been backing up with annoyed travelers citing a lack of staff and clumsiness in escorting to checkpoints. let's stay in the travel industry and take a look at how generative ai can transform it. choice hotels ceo brian kirkland joins us now. how h
cnbc reporting trademark products called index gpt will help customers select investments tailored to their specific needs. narrowing the annual for workday, measuring demand for software that helps businesses handle hr related tasks. coming up, how is ai impacting the travel industry? we will talk more with the choice hotels ceo. this is bloomberg. ♪ ii just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device...
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May 17, 2023
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he to do cnbc he doesn't care if his tweets, which often support conspiracy theories, scare away customers or advertisers. >> you want to share what you have to say. >> i'll say what i want to say. if the consequence of that is losing money, so be it. >> it's a public company. >>> the "titanic" like you have never seen before. new technology creates the first-ever 3-d scan. the company says imaging could shed new light on how it sank in 1912. i thought it was around iceberg, boris. >> it was. i still have an ongoing dispute we'll settle over -- i think jack could have fit on the door with rose. he could have. >>> still to come, against the odds, the san antonio spurs won this nba draft lottery, and the presumed top pick, a 7'4" frenchman. we'll have the highlights, when we come back. the chef's cooking up firsts withth her new debit card. hungry? -uhuh. the designer's eyeing sequins. uh no plaid. while mom is eyeing his spending. nice. and the engineer? she's taking control with her own account for college. three futures, all with chase. freedom for kids. control for parents. one bank for
he to do cnbc he doesn't care if his tweets, which often support conspiracy theories, scare away customers or advertisers. >> you want to share what you have to say. >> i'll say what i want to say. if the consequence of that is losing money, so be it. >> it's a public company. >>> the "titanic" like you have never seen before. new technology creates the first-ever 3-d scan. the company says imaging could shed new light on how it sank in 1912. i thought it...
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May 17, 2023
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went on cnbc earlier tonight. also was on twitter, saying a lot of things about a lot of different topics. including he was pressed about basically some of the controversial things that he tweets sometimes and he basically said, i will say what i want. and the consequences of that is losing money, so be it. also talked about the morality of working from home. i think we will be talking about that interview for a little while longer. >> interesting. omar? >> i'm looking for the governor minnesota to sign a bill that was just passed in the legislature there that essentially limits no knock warrants to situations where essentially them announcing themselves would create immediate threats of death or injury. and that is important. because a little over a year ago, 22-year-old amir locke was shot and killed by the execution of a no knock warrant. so over this past year, people have been calling for the limiting of these uses. and while it is not exactly what protesters have been asking for in the family has been asking
went on cnbc earlier tonight. also was on twitter, saying a lot of things about a lot of different topics. including he was pressed about basically some of the controversial things that he tweets sometimes and he basically said, i will say what i want. and the consequences of that is losing money, so be it. also talked about the morality of working from home. i think we will be talking about that interview for a little while longer. >> interesting. omar? >> i'm looking for the...
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May 1, 2023
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. >> here to break it down is nbc's brian cheung and cnbc's hugh sung. what does this mean for first republic customers. >> what happened is over the weekend the government recognized that first republic may not have made it to monday morning. the government was going to step in, take ownership of the bank and sell the assets at the same time to another bank so come monday morning it would open under new management. they found the best bid from jpmorgan chase, able to open up first republic locations and atms as chase branches and atms this is the second largest bank failure in history. it underscores the issues happening in the banking industry continue to ripple even now. >> we'll go into why here. but hugh, how can this impact our banks and our economy? >> lindsey, it's great to be with you. the first takeaway is the industry's 800-pound gorilla, more than $3.7 trillion in assets is getting a little bigger and a little more formidable. basically, in the long are term, the impact you'll see on the other banks -- lindsey, there are 4,100 banks in the un
. >> here to break it down is nbc's brian cheung and cnbc's hugh sung. what does this mean for first republic customers. >> what happened is over the weekend the government recognized that first republic may not have made it to monday morning. the government was going to step in, take ownership of the bank and sell the assets at the same time to another bank so come monday morning it would open under new management. they found the best bid from jpmorgan chase, able to open up first...
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May 17, 2023
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and cnbc's david faber. thank you so much. >>> coming up, a man broke into the national security adviser's house at 3:00 in the morning last month. the conflicting explanations about how it happened and what's being done to shore up security of key officials. >>> but first, the titanic in a way you've never seen it before. look at this, long thought to have sunk in one piece, this new first of its kind 3d scan revealing new clues about how the titanic sank in 1912 suggesting the ship could have been grounded on a submerged portion of an iceberg rather than hitting one of the ship's starboard side. the scans also create a kind of digital twin of the ship as corrosion, iron eating bacteria and currents destroy what's left of the wreck nearly 2 1/2 miles below the surface. we've got much more of "chris jansing reports" on msnbc. "chr jansing reports" on msnbc. socit help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex tr
and cnbc's david faber. thank you so much. >>> coming up, a man broke into the national security adviser's house at 3:00 in the morning last month. the conflicting explanations about how it happened and what's being done to shore up security of key officials. >>> but first, the titanic in a way you've never seen it before. look at this, long thought to have sunk in one piece, this new first of its kind 3d scan revealing new clues about how the titanic sank in 1912 suggesting...
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May 18, 2023
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cnbc's diana olick is here. what's going on and where is it happening? where is it hitting the hardest? >> home sales are slowing down for several reasons but demand isn't actually one of them. there's plenty of demand out there, very little supply, especially at the lower, more affordable end of the market. sales were down in april at all price points but they were down steepest for homes priced over half a million dollars. the supply of homes for sale did improve slightly because there are affordable homes on the market. new listings have actually been down around 20% compared with a year ago. then you've got mortgage rates, more than doubled from record lows over the past year and a half, and while they eased up a little bit in the beginning of the year, in march, when these april deals were inked, they were back up near highs from before. you're seeing the lot of differences now when it comes to what people can afford, and what they can't. what you said about home prices, one note on that, the realtor's report a median home price, and that is, you kn
cnbc's diana olick is here. what's going on and where is it happening? where is it hitting the hardest? >> home sales are slowing down for several reasons but demand isn't actually one of them. there's plenty of demand out there, very little supply, especially at the lower, more affordable end of the market. sales were down in april at all price points but they were down steepest for homes priced over half a million dollars. the supply of homes for sale did improve slightly because there...
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May 22, 2023
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cnbc seniopondent sylvia omaro is reporting from london. what are your sources telling you? >> they want to get together with united states over the coming months. the reason behind is that there's a slight concern in brussels that president joe biden will not be reelected in 2024, and it is important to keep two elements in mind, really. first and foremost, the europeans were very frustrated with the trump administration. they had issues over trade, over technology, and ultimately the style of politics of president donald trump was not well received in brussels. so when joe biden was elected, there was a sense of relief in the eu. the second element that we need to keep in mind is that several officials have told me whether they're working in finance, in foreign policy, they have never experienced such a good level of cooperation with the united states as they are right now. if you put these two elements together, it is easy to understand how the eu is trying to achieve as much as possible with the u.s. in the near future. now, if you ask me what policy areas they're likely
cnbc seniopondent sylvia omaro is reporting from london. what are your sources telling you? >> they want to get together with united states over the coming months. the reason behind is that there's a slight concern in brussels that president joe biden will not be reelected in 2024, and it is important to keep two elements in mind, really. first and foremost, the europeans were very frustrated with the trump administration. they had issues over trade, over technology, and ultimately the...
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May 3, 2023
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. >> i want to bring in cnbc's white house correspondent, kayla tausche. we know the vice president and president have been briefed. we heard a little bit from karine jean-pierre. what more do we know about their response? >> reporter: that's pretty much the gist of it. the briefing included a few minutes ago, and in it the press secretary confirmed that the president and the vice president had been briefed on the situation in atlanta but that's all the information that she provided, and it remains unclear when or whether we could hear from the president or the vice president on this situation specifically. looking at the president's schedule, he is expected to appear publicly this evening at a dinner at 6:30 p.m. at the white house that he and the first lady are cohosting. as of right now, the only information we know is that the briefing has happened to the president and the vice president on the situation, and as is typical with these active shooter situations in the past, the president vice president have been briefed regularly. they continue to be bri
. >> i want to bring in cnbc's white house correspondent, kayla tausche. we know the vice president and president have been briefed. we heard a little bit from karine jean-pierre. what more do we know about their response? >> reporter: that's pretty much the gist of it. the briefing included a few minutes ago, and in it the press secretary confirmed that the president and the vice president had been briefed on the situation in atlanta but that's all the information that she...
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May 5, 2023
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short-term debt extension to allow the administration and congress to keep negotiating sources telling cnbc. the two branches have been locked in a standoff over this with republican house speaker kevin mccarthy under pressure from the right wing of his party demanding spending cuts in exchange for lifting the federal loan limit. president biden and democrats are calling for a clean debt ceiling hike, no strings attached saying anything else is an attempt to take the economy hostage. jake sherman and tim miller are back with me. you have new extensive reporting in punch bowl on the disconnect between the biden administration and speaker mccarthy. walk us through the strengths and weaknesses on each side. >> let me say this to begin with. there is virtually no chance that congress is going to lift the debt ceiling for 30 or 60 days. i can say that with a ton of certainty based on my reporting. house republicans are not going to engage in that, and if that's the white house's strategy, that actually just adds more to the argument that we've made over the last couple of days in "punchbowl news
short-term debt extension to allow the administration and congress to keep negotiating sources telling cnbc. the two branches have been locked in a standoff over this with republican house speaker kevin mccarthy under pressure from the right wing of his party demanding spending cuts in exchange for lifting the federal loan limit. president biden and democrats are calling for a clean debt ceiling hike, no strings attached saying anything else is an attempt to take the economy hostage. jake...
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May 27, 2023
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and appeared on cnbc and fox news. most reasonable louded a leader on models for hiring. people with criminal record and public safety throughout employment. and the elementary school called him a big deal. jeff, welcome. thank you very much will appreciate this introduction. this is a morning of great insparation the economy is no different. left year remember our view was out liar in the industry. we believed that we would not have a recession in 2022 not all the problems would be solved but that we would have time to address the issues. and i'm sorry to tell that you we are running out of time. and this is most evidence in the pace of inflation in the u.s. a charge of core inflation the many measure and this charter will vertical gray periods of recession the 2020 recession. and you will see is that we were in a stable inflation environment low inflation environment prior to 2020 as we know coming out of the pandemic we had inflation. and made improve am but stalled and stalled levels of inflation that will keep our federal reserve and central bankers keeping the foot
and appeared on cnbc and fox news. most reasonable louded a leader on models for hiring. people with criminal record and public safety throughout employment. and the elementary school called him a big deal. jeff, welcome. thank you very much will appreciate this introduction. this is a morning of great insparation the economy is no different. left year remember our view was out liar in the industry. we believed that we would not have a recession in 2022 not all the problems would be solved but...
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May 1, 2023
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head to cnbc on twitter. we'll have the results later in the hour we're just getting started here. >>> later, mark newton is watching the key s&p level ahead of the fed meeting we're live from the new york stock exchange you're watching "closing bell" on cnbc. (music) up top by the hogan ♪♪ woah (sfx) car racing -final boarding flight to wait... is that a phone? look at the performance! the graphics. that thing's a gaming machine. a new challenger! faker! that man's a gaming legend. everyone fasten your seatbelts. and here we goooo! ♪♪ what do you see on the horizon? uncertainty? or opportunity. whatever you see, at pgim we can help you rise to the challenges of today, when active investing and disciplined risk management are needed most. drawing on deep expertise across the world's public and private markets in pursuit of long-term returns... pgim. our investments shape tomorrow today. and this is ready to go online. any questions? -yeah, i got one. how about the best network imaginable? let's invent
head to cnbc on twitter. we'll have the results later in the hour we're just getting started here. >>> later, mark newton is watching the key s&p level ahead of the fed meeting we're live from the new york stock exchange you're watching "closing bell" on cnbc. (music) up top by the hogan ♪♪ woah (sfx) car racing -final boarding flight to wait... is that a phone? look at the performance! the graphics. that thing's a gaming machine. a new challenger! faker! that man's a...
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May 10, 2023
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you're watching "closing bell" on cnbc. ♪ the thought of getting screened ♪ ♪ for colon cancer made me queasy. ♪ ♪ but now i've found a way that's right for me. ♪ ♪ feels more easy. ♪ ♪ my doc and i agreed. ♪ ♪ i pick the time. ♪ ♪ today's a good day. ♪ ♪ i screened with cologuard and did it my way! ♪ cologuard is a one-of-a kind way to screen for colon cancer that's effective and non-invasive. it's for people 45 plus at average risk, not high risk. false positive and negative results may occur. ask your provider for cologuard. ♪ i did it my way! ♪ as a business owner, your bottom line ask your provider for cologuard. is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network, with no line activation fees or term contracts... saving you up to 75% a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. pow
you're watching "closing bell" on cnbc. ♪ the thought of getting screened ♪ ♪ for colon cancer made me queasy. ♪ ♪ but now i've found a way that's right for me. ♪ ♪ feels more easy. ♪ ♪ my doc and i agreed. ♪ ♪ i pick the time. ♪ ♪ today's a good day. ♪ ♪ i screened with cologuard and did it my way! ♪ cologuard is a one-of-a kind way to screen for colon cancer that's effective and non-invasive. it's for people 45 plus at average risk, not high risk....
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May 11, 2023
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we're live from the new york stock exchange you're watching "closing bell" on cnbc. lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire today. leslie picker is here with what's driving this lower. >> reporter: it's one number 9.5%, the amount pacwest's deposits declined last week. volatility sent customers fleeing, particularly last thursday and friday. that was all revealed in a filing this morning. analysts say it stems from the niche
we're live from the new york stock exchange you're watching "closing bell" on cnbc. lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore...
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May 12, 2023
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still ahead, morgan stanley's chris toomey making the argument that stocks are going up we're live on cnbc i am here because they revolutionized immunotherapy. i am here because they saw how cancer adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one advanced cancer discovery after another for 75 years. i am here... i am here.... because of dana-farber. what we do here changes lives everywhere. i am here. what do you see on the horizon? uncertainty? or opportunity. whatever you see, at pgim we can help you rise to the challenges of today, when active investing and disciplined risk management are needed most. drawing on deep expertise across the world's public and private markets in pursuit of long-term returns... pgim. our investments shape tomorrow today. i'm andrea, founder of a boutique handbag brand - andi - and this is why i switched to shopify. it's the challenges that we don't expect, like a site going down or the checkout wouldn't work. what's nice about shop
still ahead, morgan stanley's chris toomey making the argument that stocks are going up we're live on cnbc i am here because they revolutionized immunotherapy. i am here because they saw how cancer adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one advanced cancer discovery after another for 75 years. i am here... i am here.... because of dana-farber. what we do here...
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May 15, 2023
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you're watching "closing bell" on cnbc. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. ♪♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. now i enjoy every moment. the quiet ones and the loud ones. make a sound decision. call 1-800 miracle now, and book your free hearing evaluation. trading day. a check of stop stocks to watch. pippa stevens is here with that. >> western digital popping more than 10% following a report that the company's merger talks with japan are accelerating they're currently partners with producing flash memory chips sofi under pressure. the firm saying the company may be nearing a tipping point on a fee it recognizes related to loan origination and sales shares foll
you're watching "closing bell" on cnbc. (swords clashing) -had enough? -no... arthritis. here. aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. ♪♪ choosing miracle-ear was a great decision. like when i decided to host family movie nights. miracle-ear made it easy. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right...
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May 16, 2023
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we are live from the new york stock exchange you're watching "closing bell" on cnbc. (cecily) you're looking pleased with yourself. (seth) well, not to brag, but i just switched my whole family to verizon. (cecily) oh, it's america's most reliable 5g network. (seth) and it's only $35 a line. (neighbor) i got that deal too. (seth) oh hey, bragging buddies! (neighbor) my man! (cecily) this i don't need. (seth) you should give me a call! (vo) visit your verizon store and save big during our spring savings event. get the disney bundle with disney+, hulu, and espn+ included. all for just $35 a line. the savings you want. on the network worth bragging about. verizon as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network, with no line activation fees or term contracts... saving you up to 75% a year. and it's only available to comcast business internet customers
we are live from the new york stock exchange you're watching "closing bell" on cnbc. (cecily) you're looking pleased with yourself. (seth) well, not to brag, but i just switched my whole family to verizon. (cecily) oh, it's america's most reliable 5g network. (seth) and it's only $35 a line. (neighbor) i got that deal too. (seth) oh hey, bragging buddies! (neighbor) my man! (cecily) this i don't need. (seth) you should give me a call! (vo) visit your verizon store and save big during...
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May 17, 2023
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you're watching "closing bell" on cnbc. ahhh! icy hot pro starts working instantly. with two max-strength pain relievers, so you can rise from pain like a pro. icy hot pro. [office sounds] ♪upbeat music♪ ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impossible to face♪ ♪a lovely day (lovely day)♪ ♪(lovely day) (lovely day)♪ ♪(lovely day)♪ a bank that knows your business grows your business. bmo. we moved out of the city so our little sophie a bank that knows your business grows your business. could appreciate nature. but then he got us t-mobile home internet. i was just trying to improve our signal, so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality look like? well i guess i would've gotten us xfinity... and we'd have a better view. do you need mulch? what, we have a ton of mulch. >>> about 40 minutes to go in the trading day. let's get a tip on top s
you're watching "closing bell" on cnbc. ahhh! icy hot pro starts working instantly. with two max-strength pain relievers, so you can rise from pain like a pro. icy hot pro. [office sounds] ♪upbeat music♪ ♪♪ ♪when the day that lies ahead of me♪ ♪♪ ♪seems impossible to face♪ ♪a lovely day (lovely day)♪ ♪(lovely day) (lovely day)♪ ♪(lovely day)♪ a bank that knows your business grows your business. bmo. we moved out of the city so our little sophie a bank...
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May 18, 2023
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you're watching "closing bell" on cnbc. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading day, get a check on the biggest movers in the close. kristina partsinevelos is here with that. >> starting with sony, trading higher after announcing a partial spin off of the financial arm, sony would still have a 20% stake and use it for back into the business they were pushing sony to simplify and focus on core competencies like entertainment and technology adding to this, sony said they would buy back shares earlier this week. alibaba plans to spin off the cloud division as a separately traded company the news is not enough to offset the missing quarterly revenue, shares trading 5% lower. >>> the s&p 500 trading near the highs of the session after hawkish commentary from st. louis fed president, james bullard, intraday. joining us now liz young, sofi's head of investment strategy. good
you're watching "closing bell" on cnbc. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading day, get a check on the biggest movers in the close. kristina partsinevelos is here with that. >> starting with sony, trading higher after announcing a partial spin off of the financial arm, sony would still...
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May 19, 2023
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that's ahead you're watching "closing bell" on cnbc. there are some things that go better... together. burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. ♪ this is the all new, all electric lucid air. a car that goes as far as it does fast. as sleek as it is... spacious. as smart... as it is beautiful. introducing the lucid air. experience the best. ♪ conventional thinking delivers conventional results. at allspring, we break away with purpose. harnessing data-driven insights and boundless curiosity. we dissect the market from every angle. helping to build portfolios that redefine what's possible. because investing isn't one size fits all. allspring. purposefully divergent. as a business owner, your bottom line allspring. is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. fle
that's ahead you're watching "closing bell" on cnbc. there are some things that go better... together. burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. ♪ this is the all new, all electric lucid air. a car that goes as far as it does fast. as sleek as it is... spacious. as smart... as it is...
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May 2, 2023
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. >> tomorrow is the big fed day tune in tomorrow for our big cnbc special the exchange will be live from washington starting at 1:00 p.m. thanks for watching. >> "closing bell" starts right now. >>> thanks so much i'm scott walker live from post nine here at the new york stock exchange this make orbreak hour begins with this big day, and the fed countdown decision less than 24 hours away so much riding on that outcome stocks already jittery, whether it's about banks waging on sentiment or data in a weakening u.s. economy here's your scorecard with 60 minutes to go in regulation. dow under some pretty heavy selling pressure as you know by now, so much for the s&p closing in on 4,200. it was just on the doorstep. it's back way off that round number now nasdaq giving back a good amount today as well as technology slides, small caps under pressure russell down by 2% brings us to our top, the cornucopia of concerns, hitting the markets today, and what it might mean for where we go pr here let's bring in senior markets commentator mike santoli it's a launddn't have to go faro find things
. >> tomorrow is the big fed day tune in tomorrow for our big cnbc special the exchange will be live from washington starting at 1:00 p.m. thanks for watching. >> "closing bell" starts right now. >>> thanks so much i'm scott walker live from post nine here at the new york stock exchange this make orbreak hour begins with this big day, and the fed countdown decision less than 24 hours away so much riding on that outcome stocks already jittery, whether it's about...
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May 22, 2023
05/23
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we're live from the new york stock exchange you're watching closing bell on cnbc i am here because they revolutionized immunotherapy. i am here because they saw how cancer adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one advanced cancer discovery after another for 75 years. i am here... i am here.... because of dana-farber. what we do here changes lives everywhere. i am here. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> jorp holing its investor day. ceo jamie dimon commenting on where rates could be headed from here our lesley vicor is there. >> dimon going straight to q&a urging the audience to be prepared for higher rates and tighter credit. >> you're already seeing credit tightening up. the ease yeflt way for a bank to retain capital is not to make the next loan. so i thin
we're live from the new york stock exchange you're watching closing bell on cnbc i am here because they revolutionized immunotherapy. i am here because they saw how cancer adapts to different oxygen levels and starved it. i am here because they switched off egfr gene mutation and stopped the growth of tumor cells. there's a place that's making one advanced cancer discovery after another for 75 years. i am here... i am here.... because of dana-farber. what we do here changes lives everywhere. i...
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May 23, 2023
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♪ yeah, yeah ♪ >>> the inaugural cnbc council summit kicking off in california with exclusive interviews and discussions with some of the country's most influential executives goldman sachs' ceo david solomon spoke with cnbc, and we're joined now what did solomon have to say, carl >> it's been interesting today, scott. we've handled all kinds of topics here in santa barbara we we've covered china, covered ai and covered the prospect recession, and the house view at goldman for a long time now has been pretty constructive relative to consensus on the possibility of recession they were at 25% odds in the next 12 months they upped it a little bit to 35%. still below the streets. roughly 65% odds if you believe consensus, but listen to what david solomon told me and sara eisen at this panel a few moments ago. he didn't sound quite as optimistic. >> i'm more in the camp that we're probably going to have a recession because i think that inflation is going to be stubborn i don't necessarily see rates really, you know, easing at the end of the year based on what i see now, and so i think it's st
♪ yeah, yeah ♪ >>> the inaugural cnbc council summit kicking off in california with exclusive interviews and discussions with some of the country's most influential executives goldman sachs' ceo david solomon spoke with cnbc, and we're joined now what did solomon have to say, carl >> it's been interesting today, scott. we've handled all kinds of topics here in santa barbara we we've covered china, covered ai and covered the prospect recession, and the house view at goldman...
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May 24, 2023
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we're live at the new york stock exchange you're watching "closing bell" on cnbc. i think i'm ready for this. heck ya! with e*trade you're ready for anything. marriage. kids. college. kids moving back in after college. ♪ finally we can eat. ♪ you know you make me wanna...♪ and then we looked around and said, wait a minute, this isn't even our stroller! (laughing) you live with your parents, but you own a house in the metaverse? mhm. cool...i don't get it. here's to getting financially ready for anything! and here's to being single and ready to mingle. who's ready to cha-cha?! ♪ yeah, yeah ♪ the latest fed minutes showing a growing divide among committee members on the need for future rate hikes steve liesman joining us now >> reporter: after the fed hike in may, divisions rose about the next decision in june. all agreed it was uncertain because they didn't know what the effects would be so far and the potential for banks to tighten credit they also needed they needed to retain optionality some officials saw the need for rate hikes because of the slow decl
we're live at the new york stock exchange you're watching "closing bell" on cnbc. i think i'm ready for this. heck ya! with e*trade you're ready for anything. marriage. kids. college. kids moving back in after college. ♪ finally we can eat. ♪ you know you make me wanna...♪ and then we looked around and said, wait a minute, this isn't even our stroller! (laughing) you live with your parents, but you own a house in the metaverse? mhm. cool...i don't get it. here's to getting...
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May 25, 2023
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trim or not to trim that's the question as nvidia hit all-time highs joe taranova and stephanie link, cnbc contributors. great to have everybody with us. nvidia is your third largest position when you saw the move in the stock, what was your reaction and now you've had time to digest all this. what are you thinking now? >> let me start with when i saw the revenue guidance, i almost fell off my chair. the move in the stock was largely given the revenue guidance differential and it was to be expected i think what we're seeing today is a discovery move in nvidia. when you have a discovery move it's something brand new to the market people are finally understanding the $300 billion opportunity that nvidia has laid out and how they can get there in my opinion, the opportunity is so big, it's bigger than any other market that we see today >> you went into today, joe, saying -- not you, but collectively -- man, the valuation is too big, the stock is more than double heading into the number yesterday it was 300 bucks yesterday at this very moment it was near 400 after the earnings came out. the st
trim or not to trim that's the question as nvidia hit all-time highs joe taranova and stephanie link, cnbc contributors. great to have everybody with us. nvidia is your third largest position when you saw the move in the stock, what was your reaction and now you've had time to digest all this. what are you thinking now? >> let me start with when i saw the revenue guidance, i almost fell off my chair. the move in the stock was largely given the revenue guidance differential and it was to...
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May 26, 2023
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fortunate to meet many investors in companies over the last few weeks including at the summit -- the cnbc summit, and i found a huge divergence between how investors think we're already in a recession and companies that are managing through this really well saying, they prepared for recession last year, and they cut inventory or slowed hiring, and that recession is not happening they have to start going into early mode and expanding because they've really been on a huge, strict diet for the last 18 months >> i know you fancy yourself a market historian too, and i know you're well versed on the history of the market. now how do you think about that question to tom, his answer relative to '99 and now? >> i think that we're probably earlier innings in this whole part of an upcycle over a potential bubble in ai than 1999 maybe we're a few years before that, meaning that we are seeing the earnings deliver, and you're not at the point where all the tide is lifting any boat that has anything to do with ai or not even close to ari. the thing with bubbles to remember is they can last a lot longer
fortunate to meet many investors in companies over the last few weeks including at the summit -- the cnbc summit, and i found a huge divergence between how investors think we're already in a recession and companies that are managing through this really well saying, they prepared for recession last year, and they cut inventory or slowed hiring, and that recession is not happening they have to start going into early mode and expanding because they've really been on a huge, strict diet for the...
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May 3, 2023
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. >> great having you, as a little we'll see you soon >>> we're not in the market zone, by the way, cnbc senior markets commentator mike santoli is with us to break down the crucial moments. sofi's liz young is back with you's well 34r santoli, i would love year take >> first of all, relatively muted response shows you it was more or less in the lane of what is expect ed powell could note let us off the treadmill, still wonder what is the dominant force going ahead. i think baseline simple is now they're on pause, but they didn't commit to it. they didn't set a threshold for what would lead them to the next move being a hike. i think that's understandable that we get this concerned of -- i would be surprised if the fed didn't give it slough "a fed is done" rally. it feels like that's what we're geared up for i don't think the market in aggregate appreciated powell saying the basics are fine and we don't think we need to worry about that. >> which is why i've been highlig highlighting it some way may how do you declare something is resilient with jamie dimon picking up the pieces? >> i do
. >> great having you, as a little we'll see you soon >>> we're not in the market zone, by the way, cnbc senior markets commentator mike santoli is with us to break down the crucial moments. sofi's liz young is back with you's well 34r santoli, i would love year take >> first of all, relatively muted response shows you it was more or less in the lane of what is expect ed powell could note let us off the treadmill, still wonder what is the dominant force going ahead. i think...
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May 30, 2023
05/23
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e*trade from morgan stanley. >>> we're now in the market zone cnbc's commentator mike santoli is here to break down the crucial moments and marcy m mcgregor is back, and frank hold land looking ahead to key tech earnings mike, i'll begin with you. if it's cyclicly sensitive, it's not doing well it's getting drowned out. >> yeah. >> and you heard from our poll, it's all about nvidia. >> it's the one, what you would call affirmative story out there where something is actually progressing. it's positive, and we can see a trend. the rest of it is just exactly how much have we priced in already, and and the consumer discretionary, and industrials, they have a same look to them. they were kind of hanging in there, and and that's what the overall market is doing right now. some of the most overheated names in the crosshairs of the ai traders, nvidia, down 4% to 5% off the high, intraday. who knows in the fever breaks in the short-term, and ai and the earnings let's see if that's desocisive e way or the other, and see what the rest of the market does, and doing no better than hanging in there
e*trade from morgan stanley. >>> we're now in the market zone cnbc's commentator mike santoli is here to break down the crucial moments and marcy m mcgregor is back, and frank hold land looking ahead to key tech earnings mike, i'll begin with you. if it's cyclicly sensitive, it's not doing well it's getting drowned out. >> yeah. >> and you heard from our poll, it's all about nvidia. >> it's the one, what you would call affirmative story out there where something is...
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May 31, 2023
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me after this break we'll get his take on everything st everything you're watching "closing bell" on cnbc. hey, i'm a palm springs hotel. i got the desert air, sun-kissed pools, and shady hideaways. i'm looking for someone who can decide on a friday night that a one night commitment is a fine idea. what do you say? meet me at hotels.com ♪ ♪ connecting to opportunity is just part of the hustle. ♪ ♪ opportunity is using data to create a competitive advantage. ♪ ♪ it's raising capital that helps companies change the world. it's making complicated financial concepts seem simple. opportunity is making the dream of home ownership a reality... ♪ ♪ ...writing new rules and redefining the game... ...and driving the world forward to a greener energy future. (applause) ♪ ♪ opportunity is setting a goal... ...and charting a course to get there. sometimes the only thing standing between you and opportunity... ...is someone who can make the connection. at ice, we connect people to opportunity. you founded your kayak company because you love the ocean- not spreadsheets. you need to h
me after this break we'll get his take on everything st everything you're watching "closing bell" on cnbc. hey, i'm a palm springs hotel. i got the desert air, sun-kissed pools, and shady hideaways. i'm looking for someone who can decide on a friday night that a one night commitment is a fine idea. what do you say? meet me at hotels.com ♪ ♪ connecting to opportunity is just part of the hustle. ♪ ♪ opportunity is using data to create a competitive advantage. ♪ ♪ it's...
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May 4, 2023
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>>> do not miss a special cnbc event live from omaha, nebraska. mike santoli speaks with thomas russo. head over to cnbc.com at 11:30 a.m. eastern time. >> that does it for "power lunch," everybody. >>> guys, thanks welcome to "closing bell." i'm scott wapner apple earnings, the final fang to report. there's your countdown clock little more than an hour and a half stocks remain unsettled after another rate hike from the fed more turmoil around the regional banks. here's your score card with 60 minutes to go. the dow weaker several household names come under pressure boeing, goldman sachs, disney among the losers >>> talk of the tape, the road ahead for stocks let's ask the star dan ives with me here. man, all the stuff going on in the market and apple, only the biggest stock in the market, reporting. what do you ex pect >> it's the heart and lungs of tech we've seen an uptick in china in terms of iphone demand i'm expecting some positives from the services. overall iphone demand continues to be rock of gibralter. >> it's expected to be down 5% the
>>> do not miss a special cnbc event live from omaha, nebraska. mike santoli speaks with thomas russo. head over to cnbc.com at 11:30 a.m. eastern time. >> that does it for "power lunch," everybody. >>> guys, thanks welcome to "closing bell." i'm scott wapner apple earnings, the final fang to report. there's your countdown clock little more than an hour and a half stocks remain unsettled after another rate hike from the fed more turmoil around the...