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Pending home sales May +1.1% year-over-year
CNBC Television· 2025-06-26 14:32
Fresh housing data just crossing. Diana Olic has that for us. Diana.Well, David, pending home sales in May rose 1.8% from April and were 1.1% higher than May of last year. That according to the realtors. This is a small beat.The street was actually looking for basically flat. Now, this count is based on signed contracts. So, people out shopping in May when mortgage rates were climbing and briefly went over 7% on the 30-year fix.Regionally, sales were strongest month-to-month in the Northeast and West, but c ...
Micron CEO: AI is driving growth from data centers to edge
CNBC Television· 2025-06-26 13:59
after beating on the top and bottom line. Shares now up more than 55% year to date. It's the micron.So let's talk to this Davis exclusive okay. Yes. If Micron chairman CEO Sanjay Mehrotra Sanjay you did it. You did it.And I know I need for people to know how you blew the numbers away. >> First of all, Jim and David, great to be back on your show here. Yes, I mean, micron delivered an exceptional record quarter with $9.3% billion in revenue, a 15% sequential growth driven by, of course, AI.Our data center re ...
Cramer's Mad Dash: Palantir
CNBC Television· 2025-06-26 13:56
All right, squeeze in a mad dash. Opening bells in a minute. There's a company I know.I think it has an algorithm that spits out what would move a stock because I can't believe it's Palanteer today. Nuclear operating system NOS will achieve on time on budget nuclear construction. Palunteer, that's what they're doing. That's how they're going to be doing it.Uh, do you have any idea what that actually means. What is it. Well, but that doesn't really matter.It's got nuclear in the head. It's got nuclear in it. ...
PayPal CEO Alex Chriss on Big 12 student-athlete partnership
CNBC Television· 2025-06-26 13:54
We are the best way to distribute the funds. And what's important is you need to have the wallet that the college students are using. They're not going to be adopting new new tools and technology as they're sitting there.They're already using Venmo. They're already using PayPal. Their parents are already using it.The ecosystem exists. Now, we get to work with our our critical partners here and be able to make it work. So, this it was a natural partnership.Uh it's a lot of work to make these come together, a ...
LIVE: President Trump hosts an event to push his ‘One Big Beautiful Bill’ — 6/26/2025
CNBC Television· 2025-06-26 13:51
President Donald Trump on Tuesday ramped up his pressure on Congress to get his “big, beautiful bill” across the finish line, urging lawmakers to not go on vacation until it passes. On Thursday, Trump participates in an event and delivers remarks as part of his administration's final push for the legislation. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/Subscri ...
LIVE: White House press secretary Karoline Leavitt holds a briefing with reporters — 6/26/2025
CNBC Television· 2025-06-26 13:45
White House press secretary Karoline Leavitt holds a press briefing with reporters on Thursday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business ne ...
Watch CNBC's full interview with Chicago Fed President Austan Goolsbee
CNBC Television· 2025-06-26 13:40
Chicago Fair President Austin Goulby joins us now exclusively here on CNBC. Austin, you heard the data and I don't need you to comment on the details of the data unless of course you want to, but the everything looks like it's doing a little better. You know, the desert island indicator jobless claims it just really fails to go up and maybe it's it it it's green going to yellow, but it's just barely.So, what's your take on this data. I mean, I thought two things. One, I gotta go I gotta get Rick over to the ...
Home builders facing more competition from existing homeowners selling: Zillow's Orphe Divounguy
CNBC Television· 2025-06-26 13:38
New home sales down nearly 14% in May. It was the biggest month overmonth decline in three years as buyers continue to grapple with stubbornly high mortgage rates. Today's data sending housing stocks lower with the ITB home construction ETF down over a percent and snapping a 4-day winning streak which had been its best stretch since January.For more, Zillow senior economist Ore Debongi joins us right now. Or great to have you with us. Thanks for having me.I was I was actually enjoying the the debate there. ...
ACIP recommends Merck's RSV shot for infants under 8 months old
CNBC Television· 2025-06-26 13:34
Let's change things up entirely here and get a news alert out of uh of RFK Junior's newly reworked vaccine panel. For that, we go over to Angelica Peele. She has the details for us.Angelica, good morning, David. Yeah, we have our first vote from this newly reconstituted vaccine panel. Remember, this is the committee that advises the CDC on how to use FDA approved vaccines, and they just voted 5 to2 to recommend that babies less than 8 months um 8 months old entering their first RSV vaccine can get Merc's RS ...
Chicago Fed President Austan Goolsbee: It's important to get clarity on impact of tariffs
CNBC Television· 2025-06-26 13:29
CNBC’s Steve Liesman and Chicago Fed President Austan Goolsbee join 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, impact of tariff uncertainty, rate path outlook, and more. ...