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Setup for really solid Thanksgiving holiday box office, says Comscore's Paul Dergarabedian
CNBC Television· 2025-11-28 12:34
Three. Joining us now is Paul Dergerabedian. He's the Comm's Corore senior media analyst.Paul, Thanksgiving always a big weekend and three or four day weekend for movies. What is it shaping up like. What's doing well.Do we have any early numbers on Thursday or what the weekend could look like. >> Yeah, that that's a great uh setup for what's going on right now at the box office. So, we're looking at Zu Zootopia 2.Uh the first film opened in 2016, made over a billion dollars at the global box office. Wow. On ...
Some services restored at CME, stock index futures still halted
CNBC Television· 2025-11-28 12:28
Market Disruption - CME data center outage caused by a cooling issue halted trading in stock index futures and other contracts [1] - Stock index futures trading remains halted for hours [1][2] - Services, including treasuries, are gradually being restored [1] - Commodities and metals trading are reportedly normal [1] Monitoring and Updates - The industry is closely monitoring the situation and will provide updates on the restoration of stock futures trading [2] - The industry is observing the movements in the pound, dollar, and euro [1]
5 Things To Know: November 28, 2025
CNBC Television· 2025-11-28 12:13
Market Disruption - A data center issue temporarily halted trading of futures and options on the Chicago Mercantile Exchange (CME), affecting stock futures, foreign exchange, and commodities [1] - Broker Tech US, the CME unit for electronic trading of treasuries, has had its service restored [2] Regulatory Scrutiny - The Securities and Exchange Commission (SEC) is investigating Jeffrey's relationship with bankrupt auto parts maker, First Brands Group, focusing on investor information adequacy [3] - Apple is challenging India's antitrust penalty law, which could result in a fine of up to $38 billion, arguing against the calculation of fines based on global revenue and denying abuse of its iPhone app market monopoly [5] Product Launches and Market Competition - Alibaba has launched its new AI smart glasses in China, priced from $270, integrated with apps like Alipay and Tao, marking its entry into the wireless market dominated by Meta [4] Entertainment Industry Performance - Disney's Zootopia 2 grossed just over $81 million globally on its opening day, including $39.5 million in domestic ticket sales and $34 million in China, marking the biggest opening day for a Hollywood animated film in China [6]
Retailers not capturing consumers with social media will miss their interest, says Dana Telsey
CNBC Television· 2025-11-28 12:11
All right, as Steve mentioned, Dana Telsey's here. It is Black Friday on a much cheerier. Shoppers are hunting for the best deals.Joining us right now is Dana Telsey, Tel Advisory Group CEO and chief research manager. And Dana, I would guess it's a little tougher to know exactly what's happening on Black Friday morning than it used to be. So many of the retailers actually close on Thursdays now instead of staying open that entire time.you're trying to figure out what's happening on from the cyber perspectiv ...
Fed and AI trade are now inextricably linked, says Gabelli Funds' John Belton
CNBC Television· 2025-11-28 12:09
Market Trends & Investment Strategies - Gabelli Funds portfolio manager suggests a potential 7% increase from the current market level, aligning with the long-term average [1] - The market's performance is significantly influenced by big tech companies, which are currently subject to considerable debate [2] - The market's earlier excitement about rate cuts against a backdrop of economic growth reacceleration has somewhat reversed due to less dovish signals from the Federal Reserve and cooling data [4] - Broadening out trade has been observed in the last few weeks, but ultimately, fundamentals and earnings growth will drive stocks [11] Economic Factors & Fiscal Policy - Tax refunds are expected to boost consumer spending [7] - Expensing of capital expenditures (capex) is anticipated to stimulate non-AI capex, potentially leading to a reacceleration [7][8] - There's a concern that companies may not be fully aware of or utilizing the bonus depreciation benefits in the tax bill [8][9][10] AI & Technology Sector - Data center infrastructure is crucial to the economy [2] - The impact on AI stocks was more influenced by market fatigue and risk-off sentiment than by fundamental factors [5] - Strong fundamentals are primarily observed within big tech companies, particularly the "Magnificent Seven" [12] - Five of the "Magnificent Seven" have seen their forward price earnings multiples derate this year, with performance driven by earnings growth rather than multiple expansion [12]
$11 million San Francisco crypto heist puts spotlight back on ‘wrench attacks’
CNBC Television· 2025-11-26 23:23
Mackenzie Sagalas has got the details on this one. Mackenzie, >> hey Melissa. So Y Combinator CEO Gary Tan, a friend of the victim, posted security footage showing someone posing as a delivery man rushing into a San Francisco home in broad daylight.Now, police say the intruder tied up the resident, demanded access to his financial accounts, and then stole about 11 million worth of crypto using the digital keys that were stored on the victim's laptop and phone. And inside the industry, these are known as wre ...
Final Trade: DAL, AXP, PFE, HMY
CNBC Television· 2025-11-26 23:20
Final trades. Tim, >> first of all, thankful for you there on the desk. Thankful to everybody at home and thankful for Delta Airlines.Happy Thanksgiving, >> Michael Co. >> Yeah, American Express has had a good year. I think next year will be even better.I like AXP. >> Steve, >> a stock that has not performed, but I'm looking for it to bounce back. Fiser, >> thank you for that turkey sound.>> I'm not. Have fun tomorrow. I am thankful for this show, everybody on it, you especially Melissa Lee and the crack st ...
Hard for Eli Lilly to move significantly higher from here in the short-term: Kessef Capital's Yaffee
CNBC Television· 2025-11-26 23:19
Our next guest says potentially strong data could put pressure on Lily shares. For more, let's bring in Kessive Capital managing director Len Yaffy. Len, great to have you with us. Good to see you.>> Thank you so much. >> So, we're expecting a couple of readouts on Marit Amgen's drug. Len, so what what's the scenario here.The the data is good. And what do you characterize as good and what does that mean. I think the key with maritide and this is part two of a phase two study is what is the incidence if we l ...
Morgan Stanley's Kathleen Entwistle talks positioning your portfolio ahead of the new year
CNBC Television· 2025-11-26 22:46
Market Overview & Strategy - Morgan Stanley Private Wealth Management suggests scaling back on big cap technology, not removing it entirely, due to run-ups and performance issues [2][3][5] - The firm advocates for a more equal-weighted approach, diversifying into the 493 stocks in the S&P 500 beyond the top seven [4][5] - The firm favors basic, generic companies that can leverage AI for growth, rather than focusing solely on AI companies [7] Private Markets & Investment Opportunities - The firm is increasing client involvement in private markets, including private equity, private credit, and private infrastructure, to capture wealth creation happening before companies go public [8][9][10][11] - Private infrastructure investments now include data centers and cell towers, reflecting evolving opportunities [11][12] Portfolio Allocation & Risk Management - Traditional 60/40 (equity/fixed income) portfolio allocations are evolving, with a potential shift towards 55% in equities and increased allocation to alternatives [12][13] - The firm views municipal bonds as potentially strong investments in the first quarter of next year [13][14] - Clients are showing curiosity and interest in crypto, primarily through ETFs, but are still in the early stages of understanding [14]
Two National Guardsman in critical condition following shooting near White House
CNBC Television· 2025-11-26 22:44
drivers has got some details here. Aean >> Melissa, authorities here in Washington just wrapped up a press conference giving some additional detail on that shooting that we saw here in Washington at just about 2:15 this afternoon uh just a couple of blocks away from the White House. Most importantly, uh what authorities are saying is that the two National Guardsmen who were shot in the incident are alive.They are in critical condition. that uh contradicts the report that we had from the governor of West Vir ...