Let me give you a quick reminder. The special offer is almost over. If you want to follow every market move I make, now's the moment to join my investing club.Don't wait. Scan that QR code or head to cnbc. com/kramerclub for access to our morning meetings and my charitable trust portfolio.And now it is time. It's time for the light round. You play this and then the lightning round is over.Are you ready. The light round. Hey, let's start with Matt in Texas.Matt. >> Hey, Jim. Nice to talk to you.I I'm just wo ...

For more on the AI trade, Redb Bush's Dan Ives joins us here on set. He just released his 2026 outlook forecasting 20% upside for the tech sector next year. When we say tech sector, define it.All of the NASDAQ mag 7 names. What are you seeing. >> I think big tech.If I think about like big tech and the AI trade, that's probably going to be up anywhere from, you know, 20 to 25%. But I think it's really the AI revolution stocks. what I view as sort of the winners up 20% in a minimum.Look, it's my view this is ...

Tim >> GM I think it's [music] actually six and a half times next year. Stay there. Stay long.>> Karen, yes. Ulta Beauty [music] reports on Thursday. Steve, >> this one's for Dan Ies.Palunteer Jackson Dart's going to light it up tonight. A PSX [music] Melissa. ...

But what Lily is trying to do today is stay competitive in the direct to consumer space for its weight loss drugs, especially following similar moves by Nova Nordis two weeks ago. And so what Lily is doing today is specifically cutting the cash price of single dose vials of Zepbound on its direct to consumer website, Lily Direct. Okay.And what's different with this compared to the Trump deal is that the Trump deal focuses on a totally different form of Zepbound, which is a multi-dosese pen that has yet to w ...

Markets kicking off December with losses though, even after last week's big rebound. Historically, December has been a seasonally strong month without much volatility. Will this December prove to be the same.Well, joining us now is Max Kentner. He is chief multi-asset strategist at HSBC. Max, it's great to have you back on the show.And let's start right there because historically December tends to be one to remember for all the right reasons. How do you see this market shaping up right now into year end. >> ...

that how much if you have the data how much do you replace or supplant store branded credit cards which can often have APRs up to 34%. Basically usery interest rates in some cases people might be better off going to the buy now pay later model than taking out some of these cards. Do you do you take their share.>> Uh very much so. So, I mean the point is that in the US there's this uh group called self-aware avoiders. People who've tried credit cards uh didn't like them.Uh found that they are the product of ...

SUSTAINED WORK, AND THAT WILL AGAIN HAVE IMPLICATIONS FOR THE TRADE THAT WE KNOW CHANGES QUICKLY IN YEAR FOUR. >> YES, THAT IS SO TRUE. D THANK YOU.DEIRDRE BOSA. LET'S BRING IN CNBC CONTRIBUTOR NOW BIG TECHNOLOGY FOUNDER ALEX KANTROWITZ OKAY. GOOD TO SEE YOU. I HOPE YOU HAD A GOOD HOLIDAY.IT'S GOOD TO HAVE YOU BACK. IS IT OVERSTATING IT TO SAY THAT CHATGPT NOT ONLY CHANGED THE WORLD IN SOME RESPECTS, BUT IT CERTAINLY SEEMS TO HAVE CHANGED THE WAY THAT WE WERE INTERESTED IN BUYING CERTAIN STOCKS IN THIS MARK ...

Well, this is actually about a $2 billion investment in Synopsis, and it's really a signal about where Nvidia sees the next wave of growth. Synopsis, uh, to your point, Kelly, makes design software for engineers. So, for example, let's say you're BMW, you're designing a new electric vehicle or, um, even a ship builder designing next generation vessels.You're probably using Synopsis tools. And Nvidia just bought a big stake in the company, even though both firms have been working together for years. So this ...

Geopolitical Risks & Oil Supply - RBC Capital Markets notes damage to a single mooring point at the CPC pipeline, impacting loading capacity [1][2] - Ukrainian drone attacks on three Russian tankers and the CPC pipeline raise concerns about a new phase in the conflict and potential escalation [2] - The attacks could potentially influence peace talks between Russia and Ukraine, either by prompting Russia to make concessions or by escalating the conflict [3][4] - Ukraine's independent drone capabilities eliminate reliance on US technology for these attacks [4][5] - The market initially anticipated a rally due to US sanctions on Rosneft and Lukoil, but peace proposal announcements tempered expectations [5][6] - Escalation of attacks on Black Sea tankers and the CPC pipeline could elevate the risk profile for the entire Black Sea commodity corridor, affecting oil and grain shipments [9] Market Dynamics & Production - Despite oil prices being below $60 per barrel, US oil production remains high at 1384 million barrels per day [3][9] - The market is considering the potential impact of Venezuela and Nicholas Maduro on the oil market [10][11] - The US is considering options regarding Nicholas Maduro, including potential removal from power [11][12] Peace Talks & Geopolitical Tensions - Skepticism exists in Europe regarding Russia's willingness to make meaningful concessions in peace talks, particularly concerning Ukraine's potential path into NATO [6] - Germany is reportedly preparing for potential conflict with Russia by 2030, highlighting ongoing geopolitical tensions [7] - The potential for President Trump to broker a peace agreement is being considered, but the involvement of multiple stakeholders, including Ukraine, complicates the situation [8]

On today's episode of CNBC Crypto World, bitcoin falls to its lowest level since April to kick off December. Plus, Strategy announces the company established a $1.44 billion cash reserve to fund dividends on its preferred stock. And, John Wang, head of digital assets at Kalshi, explains the prediction markets platform's big bet on Web3. Chapters: 00:00 - CNBC Crypto World, Dec. 1, 2025 0:24 - Cryptocurrencies fall 1:11 - The headlines 3:15 - Kalshi's John Wang For access to live and exclusive video from CNB ...