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Property Play: Back-to-office rate hits 5-year high
CNBC Television· 2025-08-11 21:39
Well, more and more companies are cracking down on remote work and ensuring employees are coming back to the office. Diana Ol has the details on what it could mean for real estate investments. Diana.Well, John, in the past year, US companies made more progress in getting employees back to the office than at any time since the pandemic began. That according to a new report from CBRE, nearly 3/4 of the 184 companies surveyed said they have met their attendance goals. That's up from 61% last year.The share of ...
Cannabis stocks rally after Trump says he is weighing drug reclassification
CNBC Television· 2025-08-11 21:18
Brandon Gomez, tell us more about cannabis stocks today. Hey, Scott. Yeah, look, it was a massive surge in cannabis names.We've been here before, though. Trump once again voicing his support to reclassify cannabis as a less dangerous drug. Now, this would align it with steroids or Tylenol with codine rather than more dangerous drugs like heroin LSD.Now, it could blaze a new trail for the industry, but investors shouldn't light up with celebration just yet. Despite Trump saying today that a decision could co ...
Bitcoin rises above $120,000 ahead of key inflation data: CNBC Crypto World
CNBC Television· 2025-08-11 21:11
Today, Bitcoin crosses back above 120,000. The Peter Tealbacked crypto exchange Bullish is boosting its US IPO target. And Bit Pay Steven Pere breaks down the trend of crypto payment options among corporate giants.Welcome to CNBC's Crypto World. I'm McKenzie Seagalos. Crypto prices are in the green to kick off the week with Bitcoin reclaiming the $120,000 level.That's after a brief pullback at the beginning of the month. As of noon Eastern, Bitcoin climbed more than 1% to $120,283. Ether rose more than 2% a ...
Curtiss-Wright CEO Lynn Bamford talks global demand for nuclear
CNBC Television· 2025-08-11 21:04
companies founded by Glenn Curtiss, the father of naval aviation, and the Wright brothers, who so famously made the first flight. Joining us now on set exclusively is Curtiss-Wright chair and CEO Lynn Bamford. This is her first broadcast interview in the role, and it's so good to have you here.Welcome. >> Thank you very much for having me here. It's my pleasure to get to talk a little bit more about Curtiss-Wright and share it with your audience.>> So I just mentioned it's almost century old company, but yo ...
Tech investor Dan Niles says Nvidia having access to the Chinese market is 'crucial'
CNBC Television· 2025-08-11 20:53
Well, our next guest says having access to the Chinese market is crucial to a company like Nvidia, even if they have to pay to get it. Let's bring in Dan Niles. He's the founder and portfolio manager of Niles Investment Management, also former chips analyst at Newberger Burman.Dan, welcome. So, taking a step back here just from an investor perspective with all of this uh DC news, whether it's rare earth investments, a steel stake, now this chips revenue, this administration is far more handson than we've be ...
Market is bifurcated below the surface, says Truist's Keith Lerner
CNBC Television· 2025-08-11 20:45
really steering the index the way it is. Other indexes. >> Okay.Mike Santoli thank you. We'll see you later this hour. Let's broaden our market conversation though and bring in Truist Wealth Co-Chief investment officer Keith Lerner and Hennion and Walsh asset manager, Management president and CIO Kevin Moen.Great to have you both here. Kevin, you're on set. I'm going to kick this conversation off with you.We've had a torrid run since the April lows. What do you like here. Do you stick with tech. Do you look ...
Bitcoin nears record highs as favorable regulatory shifts occur
CNBC Television· 2025-08-11 20:22
Tanaya Mackielle tell us about crypto which is on the move once again. >> Yeah, hey Scott. Crypto off to a stronger start this week versus what we're seeing in the stock market.Bitcoin wavering around $120,000 today, inching closer to its all-time high above $123,000. Ether trading around its highest level since December 2021. And that's after hitting $4,000 on Friday.That level historically very challenging for investors both psychologically and technically. We got it briefly um in December and then very e ...
Markets are still in the middle of the cycle, says Invesco's Brian Levitt
CNBC Television· 2025-08-11 20:16
New high briefly for NASDAQ today. Otherwise, not much conviction on the tape as we approach the close. So, is there a catalyst to take stocks higher into year end.Let's ask Invesco's Brian Lev and wealth enhancements Yoshio. Good to have you both with us. How would you answer that question, Brian.>> Yeah, I think there's a catalyst. So, the way I would categorize this is we're still in the middle of this market cycle. I don't have credit spreads blowing out. I don't have bankers tightening lending standard ...
Long-awaited IPO market is slated to return in the fall, says Renaissance Capital's Matthew Kennedy
CNBC Television· 2025-08-11 20:07
Yeah, there's been a big resurgence in the IPO market and that has the Renaissance IPO ETF hitting highs not seen since February of 2022. Joining me now is Matthew Kennedy, senior strategist at Renaissance Capital. Uh, Matthew, thank you for being here.What do you think is behind this kind of return of enthusiasm that we've seen behind these IPOs themselves. Sure. So, uh, you know, we're calling it the great IPO rebound and, uh, it'll be a return to maybe three to five deals per week.It'll start off as kind ...
CNBC TechCheck Evening Edition: August 11, 2025
CNBC Television· 2025-08-11 20:07
This tech check briefing is sponsored by Comcast Business, powering possibilities. I'm Mackenzie Sagallos and this is your CNBC tech check briefing. The White House confirming on Monday that Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the US government.Now, the arrangement sparking debate about whether the move could impact the two chip makers business and whether Washington might seek out similar deals from other companies. Analysts telling CNBC that while the deal is ...