Welcome in Tom Lee. He is Fund Strat's head of research as I said right there at Post 9. It's good to see you. >> Great to see you Scott.>> So you think we're going to 7300 7,300 on the S&P in the near term. >> Yeah. >> So are are we witnessing this slow turnaround for stocks to get back on track.What do you think. >> Uh yeah, I I think stocks took some hits. you know, partly was a software downturn and then this rotation out of the mag seven armies into the bullet makers for AI >> and uh and a general sort ...

New data shows a growing financial strain on US households is reflected not only in the divide between rich and poor. There's also a widening gap in spending growth between higher income and middle inome households reflecting affordability issues impacting millions of Americans. Sharon Eperson joins us with more.>> Thank you, Steve. You know, fewer Americans have a financial buffer these days. New data from the National Foundation for Credit Counseling forecasts that Americans financial stress will reach an ...

In July, we passed the largest tax cuts in American history, including no tax on tips, no tax on overtime, no tax on social security for our great seniors. >> President Trump made a lot of proclamations about tax policy in his campaign and now throughout his administration. And it's very important for taxpayers to check what the president has said.What the tax breaks do is reduce your taxable income and perhaps you will pay less tax, but it's not an outright elimination of tax for any of those things. >> Mo ...

On this week's episode of CNBC Crypto World, bitcoin settles in the $60,000 after a volatile start in February. We also recap some exclusive interviews from Trump family-hosted World Liberty Forum. Last, Dragonfly Capital general partner Rob Hadick discusses the firm's $650 million fundraise to invest in companies that seek to have a global footprint. Chapters: 00:00 - Introduction 00:27 - Bitcoin settles at $60,000 level 1:29 - The headlines 5:49 - Dragonfly Capital's Rob Hadick For access to live and excl ...

Let's get an analyst take now on how this trial might impact some of these companies. Michael Nathansson is founding partner and senior research analyst at Moffetta Nathansson. He's got a buy rating on Meta 810 price target.And Michael, aside from the tragic nature of the case, and it it is sad and we all probably know kids and adults that have had their lives massively altered, for lack of a better term, due to social media. But do you anticipate any real to my previous question to Julia, any real change a ...

Let's bring in Alex Canowitz, founder of Big Technology. It's a newsletter and a podcast. I wasn't even going to clarify.Everybody knows. Uh anyway, Alex, it's great to have you here. Um great to be here.>> So, first of all, to Julia's point, the concern is that there might have to be both monetary uh fines here, possibly changes to the app. That would probably be the biggest thing that could hurt it, right. Is if it has to go make significant changes to how people use uh its apps and Instagram.Definitely i ...

Hi Carl, I am here with the president of FIFA, Giani Infantino. It's great to see you here. Welcome.And I think it it shows, you know, how critical sport and especially FIFA and the World Cup are playing in the a role in the outlook for the US economy right now. Is that true. >> Yeah, that's true.Hello, first of all, and it's it's a great pleasure really to be to be here to be here with you as well. Um it is uh I mean it's quite it's quite incredible the the the the weight and the importance that uh that so ...

and let's carry get to your moves uh because you have several. Let's start with American Express. Why did you trim some of that.>> It was a big position. We've owned it for years. The stock has gone from 11 times earnings where we bought it uh bought the large position to 19 times now.And we just decided to move some of that into other names. That's all. >> Okay.You bought more S&P Global. Is that one of the names. You take some of the profits, you buy some more of that.>> Yes, exactly. I mean S&P down 25% ...

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Mark Zuckerberg is on the stand today in a very high-profile social media trial in downtown Los Angeles. Julia Borston is live outside the courthouse for us today uh for today's tech check, no less. Julia, what can you tell us.Well, Kelly, Mark Zuckerberg has been testifying for the past hour in this trial on the addictive nature of Meta's product design and potential damage done to kids and teens. Now, one key line of questioning that he's been facing is whether Meta actually prevents kids under age 13 fro ...