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Bitcoin and ether cap October with third weekly loss in the past four: CNBC Crypto World
CNBC Television· 2025-10-31 19:41
Today, Bitcoin rises to wrap the month of October. Coinbase earnings beat estimates fueled by robust trading volume. And Robert Mitchnik, head of digital assets for Black Rockck, breaks down the growth of the asset manager spot Bitcoin ETF, IBIT.Welcome to CNBC's Crypto World. I'm McKenzie Sagalos. Major cryptocurrencies are trading higher to close out the week and the month of October.As of noon Eastern, Bitcoin and Ether climbed more than 2% with Bitcoin rising to the $110,000 level and Ether moving close ...
Humanoid robotics are racing to train with real-world video, says WSJ's Joanna Stern
CNBC Television· 2025-10-31 19:30
This roll video is Neo. It is a humanl looking robot made. It can do your dishes. It can clean stuff. It can fold your laundry.This is real. You can pre-order one today with an expected delivery next year. Now, Neo is not cheap.It's about $20,000. And the price tag didn't turn you off this might. Yes, Neo is technically a robot, but it is operated by a human being wearing a headset.In other words, a human being is watching its and your every move. So, let's talk about that and also a little bit about the ri ...
Federal judge blocks Trump administration from suspending food aid benefits
CNBC Television· 2025-10-31 19:06
I don't know what it is, but Emily Wilkins does, and she joins us now from DC. >> Hey, Brian. Well, we were waiting to see how federal courts would rule today on the Trump administration deciding to not be funding the SNAP program on November 1st.We now actually have two different judges making two different rulings. Let's start with the one in Rhode Island. That judge basically ruled from the bench telling the US government that they need to find funding for that SNAP program.They mentioned the contingency ...
Not at 'the end of the end' of the government shutdown, says Raymond James' Ed Mills
CNBC Television· 2025-10-31 19:05
So, what is a road to any kind of a deal. Because a deal has to at some point be made. Joining us now is Raymond James, Washington policy analyst Ed Mills.Ed, there's a lot of complex stuff we can get to, but I want to start off with a very simple question that I I don't know the answer to. Can they just come together for like a small bill and pass something so that food stamp benefits don't run out. I mean, millions of kids not being able to have food or afford food and families.That's a that's awful. And ...
Crypto is more related to tech than it is to gold, says Permanent Portfolio's Michael Cuggino
CNBC Television· 2025-10-31 19:04
Michael Cuggino, Permanent Portfolio Funds president, joins 'Power Lunch' to discuss why stocks should keep moving higher, bitcoin and gold's recent move higher and much more. ...
10-year Treasury yield holds above 4%
CNBC Television· 2025-10-31 19:02
Rick Santelli joining us now from Chicago with the bond report. Rick, I went on like a it was like a 10-second mini rant yesterday, but the the gist was basically this. The Federal Reserve can say and do what it wants. The bond market is the boss and the bond market is going to do what it wants and it wanted and wants clearly to take interest rates if not higher, not lower.Yeah, it's a very interesting dynamic, especially for those that are in the current administration or those that are looking towards hou ...
AI is rapidly getting better at figuring out who should see which ad, says MNTN CEO Mark Douglas
CNBC Television· 2025-10-31 18:50
Joining me now to discuss how AI is reshaping advertising and the companies best leveraging it, Mark Douglas, CEO of Mountain. Mark, it's great to see you. >> You too. Great to see you.>> All right. So, how is how are you seeing the companies that you're dealing with taking advantage of the opportunities in AI. >> Well, I think when everyone thinks of advertising, they typically think of the ad.But what really underpins advertising is the who. who is the ad being delivered to. And so what has happened with ...
Across the board earnings revisions are allowing markets to move higher, says CFRA's Sam Stovall
CNBC Television· 2025-10-31 18:17
Joining me now, Sam Stovall, chief investment strategist at CFRA Research. All right, Sam, g give me a sense of how important the rate cut is to your endofear thesis. >> Hey, Contessa, good to talk to you again.Um, I think we heading into November and December, which is by far the best two months, two month stretch uh of the calendar year, not only in terms of average price change, but also in frequency of advance. We also find that the consumer discretionary sector has been the second best performing secto ...
42 million Americans set to be impacted as SNAP benefits expire
CNBC Television· 2025-10-31 18:12
Welcome back to the exchange. This is day 31 of the government shutdown. Things are about to get very real for 42 million Americans relying on the food benefits called SNAP.Emily Wilkins is live in Washington DC with the very latest. Emily, bring us up to speed. >> Hey Contessa.Well, look, the Trump administration has said that the food assistance program that, as you mentioned, happens helps 42 million Americans is going to run dry tomorrow. And while some states are trying to keep the program going, this ...
Apple's earnings standout is the sizable upside to December quarter, says Evercore's Amit Daryanani
CNBC Television· 2025-10-31 17:53
Amit Deriani, senior managing director at Evercore ISI joins me now. Amit, it's good to see you today. Talk to me a little bit about the Apple iPhone and what it is about this particular cycle that is going to lift lift Apple heading into December.>> Yeah, absolutely. Um, listen, I I think part of what's attractive about the cycle with iPhone 17, beyond the fact there's some good features here, it's the very simple reality that you had a very big iPhone purchasing cohort in 2020, 2021, kind of the pandemic ...