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Tesla earnings mean the start of the company's AI future, says Wedbush's Dan Ives
CNBC Television· 2025-07-23 19:46
Gainer in the green. It takes us to our talk of the tape. All that lies ahead as Alphabet and Tesla get ready to report in overtime in less than one hour.Let's bring in star analyst Dan Ives of Wed Bush and Jason Snipe of Odyssey Capital Adviserss. Jason is CNBC contributor of course. It's great to have you both with us.Dan Ies to you first. Are you optimistic. >> I mean, look, we're very bullish in terms of what you're going to see tonight.I think Tesla's really around AI robo taxi. really it's the start o ...
Microsoft poaches more Google DeepMind AI talent as AI talent wars continue
CNBC Television· 2025-07-23 19:10
Shares of Alphabet are finally on pace to snap that 10day win streak, a historic one. As we've mentioned, it reports after the bell. And those results come as its AI unit, DeepMind, faces a talent raid from all sides.McKenzie Seagalos has the details in today's Tech Check. Hi, Mackenzie. >> Hey, Kelly.So, as Alphabet gears up to report earnings after the bell, a slow but steady brain drain is casting a shadow over its AI ambitions. Google's AI unit is now the latest target in the talent wars for top researc ...
Goldman, BNY team up to transform money market industry with digital tokens
CNBC Television· 2025-07-23 19:09
Market Trends & Industry Dynamics - Goldman Sachs and Bank of New York Mellon are collaborating on a tokenized money product aimed at transforming the $7 trillion money market industry [1] - Stable coins are gaining traction, with Citigroup, Bank of America, and JP Morgan considering issuing their own [2] - The innovation aims to bring the $7.1 trillion money market industry to the blockchain, enhancing transferability [3] Investment Opportunities & Potential Risks - The tokenized money product seeks to offer a yield, attracting institutional players like hedge funds, pensions, and corporate treasurers [3] - Corporate treasurers may prefer tokenized money for its potential to earn a yield close to 3% to 4%, compared to holding cash at 0% [6] Product Features & Benefits - The tokenized money product aims to streamline cash management by enabling the exchange of tokens, potentially cutting steps in the process [7] - The underlying asset is well-trusted and has gained approximately $2 trillion in the last two to three years [6]
Electricity rates are set to rise again next year. Here's why and what it means for you
CNBC Television· 2025-07-23 19:09
All right, welcome back to Power Lunch. By now, you know our RBI. Random, but interesting.But we're going to call this one WBI. Wonky, but important. And it's a story you may not hear anywhere else.Your home electricity prices may rise again next year. It's because the grid operator for the entire Mid-Atlantic and Midwestern area, basically DC to Ohio and a little bit of Chicago, just had a record high energy price auction. Now, the whole process super complicated, but basically it's what power generator ge ...
Market breadth is coming back. Here's what it means for investors
CNBC Television· 2025-07-23 19:07
Joining us now on set is Alli McCartney. She's managing director of UBS Private Wealth Management. You know what's so funny about market sentiment is literally yesterday it was like healthcare's dead.Yeah. Forget just forget it. You know, and and then today look at thermo look at some of these results and suddenly and now I feel like I've missed the trade.It's been one day, right. So that's where this market is, right. You have institutions that are pretty much resigned to staying where they are, seem to ha ...
20-year bond auction sees robust demand
CNBC Television· 2025-07-23 18:43
Let's bring in Rick Santelli for more. Rick, is this one, you know, is it better prospects. Is it more like Muhammad Ali was saying this morning, just more global bond issuance from Japan, Germany, and the and the rest of it.What what do you make. Well, global bond issuance is game number one in terms of Treasury yields as the last guest aptly pointed out. Absolutely.But but that doesn't necessarily mean that interest rates are going to zoom zoom zoom. What it may mean is they're just going to st kind of st ...
Trend of equity market is still higher but investors are fighting it: Piper Sandler's Craig Johnson
CNBC Television· 2025-07-23 18:41
Market Trend & Outlook - Piper Sandler's technical analysis indicates the market trend is still higher, targeting 6,600 for the year-end objective [4][5] - The market is making new highs despite some negative sentiment and down AI numbers, suggesting a "hated market" [5][6] - The S&P 500 has broken out to all-time new highs, contrasting with previous concerns of a potential breakdown to 2,000 levels [3] Valuation & Market Structure - Valuations matter, but the market has been shrinking with 20%-25% fewer stocks due to share buybacks [7] - The pool of available equity has decreased from 8,000 to about 3,800, while the amount of capital has increased [9] - Historical price-to-earnings ratios may not be as relevant due to the shrinking market [8] Cyclical Stocks & Housing Market - Cyclical stocks, including homebuilders like Horton (better-than-expected results), LAR, BLD, and BLDR, are showing constructive patterns and reversing downtrends [11][12] - Housing numbers are good, suggesting a stronger consumer environment than people are thinking [10][12] Commodity & Industrial Signals - Copper is breaking out to an all-time new high, signaling a healthy economy and a meaningful pickup in the industrials [12][13]
Oklo CEO on partnership with Liberty Energy to provide power to data centers, industrial facilities
CNBC Television· 2025-07-23 18:36
Partnership & Opportunity - The company's partnership with Liberty has a long history and presents significant opportunities [1] - There is a substantial need for power, creating immediate demand [1] Energy Solutions - Gas is viewed as a bridging solution to nuclear energy, playing a complementary role in the future [2] - The company aims to provide near-term power solutions for data center providers, transitioning to new nuclear builds [2] - Offering a comprehensive portfolio mix makes it easier for customers to obtain power [2]
LIVE: President Trump delivers remarks at an AI summit in Washington, D.C. — 7/23/2025
CNBC Television· 2025-07-23 18:26
President Trump delivers remarks at an AI summit in Washington, D.C., on the administration's plan for the use of artificial intelligence. 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 pric ...
There wasn't a Buffet-premium built into the Berkshire Hathaway stock, says UBS' Brian Meredith
CNBC Television· 2025-07-23 18:17
And check out the divergence between Bergkshire and the S&P during that time. The S&P up 11%. Bergkshire down about the same amount.But my next guest remains positive on the stock. Just raised his price target and earnings estimates on the strength of the insurance businesses like Geico and Bergkshire Hathaway. Ray joining us now is Brian Meredith, senior insurance analyst at UBS.Brian, welcome. Thanks for having me, Kelly. Does the underperformance catch you by surprise.Um, not really. just because coming ...