It is interesting that you bought Westinghouse out of bankruptcy back in 2018. What what did you see that nobody else did at the time as far as the future of nuclear energy. >> Yeah, look, it's a it's base load. It's clean. Um it's extremely efficient.Uh it's very safe today and uh and because of that, it was going to be needed in the world and it was it was inevitable it was going to be it was going to be needed. It just took uh a revolution in artificial intelligence for everyone to figure out yes, we hav ...

The federal government has been shut down for nearly a month, and the economic effects are mounting. IBM vice chairman and former NEC director Gary Cohn discusses the health of the economy, corporate earnings, and how the AI boom is reshaping the labor market. Then, early voting is underway in the New York City mayoral race. CNBC’s Robert Frank reports on the billionaires and businesses that are spending millions to defeat Zohran Mamdani. Plus, CNBC’s Kristina Partsinevelos has the latest on AI-related layo ...

Hello, I'm Frank Colin, anchor worldwide exchange. Every morning on the show, we have a stock pick. Today's pick, Thermo Fisher.It came from Sarat Sethi of DCLA. He likes healthcare in general, but likes this stock in particular that's known for laboratory equipment and software because he says it's trading below its historic valuation. He also believes there's a number of factors that are not priced into this stock.One of them, a trade deal. The stock traded lower this year because of a negative tariff imp ...

Stock Recommendations & Analysis - JP Morgan reiterated Uber as a top pick, expecting it to be an important player in the AV ecosystem due to its partnerships and investment in building use cases [2] - BFA has a buy rating on Data Dog, highlighting its market share capture in cloud security [6][7] - Argus reiterated a buy rating for Chubb, viewing the pullback as a buying opportunity [10] - RBC Weiss maintains a $200 target for FTA, seeing follow-on selling as a reaction to a slight earnings miss, but remains positive as rates come down [11] Company Performance & Market Sentiment - Uber's stock performance is perplexing to some despite positive factors, possibly due to concerns about Whimo and Tesla, and a shift away from "sexy" market segments [2][3] - Uber's stock has been relatively flat since May, despite previously making an all-time high [4][5] - Data Dog is expected to report good earnings, with strong price momentum established in 2025 [6][7] - United Health was downgraded to a hold by Deutsche Bank, despite a good quarter with better-than-expected revenues and slightly higher margins [7][8] - United Health's guidance was firm, indicating higher premiums and effective cost control [9] - Healthcare sector is viewed as a minefield due to broad troubles [10] - Insurance sector has lost fundamental and technical momentum [10]

[Music] We should not be afraid of AI. We should actually be embracing AI for all of the places that it can help. And what it doesn't replace is really smart, creative people.And we see that all across the board. >> I think this this idea that that AI uh is going to take jobs. It's going to change everyone's job.That's for sure. But I think it's going to make companies more productive. We're more productive today because of AI. We're hiring more people.>> During each uh technical revolution, there is a rota ...

1789 Capital’s Omeed Malik and Donald Trump Jr. join 'Money Movers' to discuss the company's investments, how it's looking at AI and much more. ...

We'll close out the hour with Microsoft reporting today. Steve Kovak has more. Hey, Steve.>> Yeah, that's coming after the bell today, Leslie. And the key thing to watch here is that Azure growth fueled of course by artificial intelligence. Now, this all goes back to yesterday's OpenAI deal.They're committing or OpenAI rather is committing $250 billion in Azure spend over the next several years. The difference though between that deal we heard about yesterday, this is actually contracted, meaning they are g ...

Joining us here in the CBC exclusive at Post9 is Cognizant CEO Ravi Kumar. It's great to have you back. Welcome.>> Thank you. Thank you, K. Thank you, Leslie.>> It's been so choppy in services, especially IT services. Is this are you turning a chapter here. >> Yeah, absolutely.We've had a great uh year so far. We increased our uh upper end of the guidance range for our revenue. Uh we moved to the upper end on our margins.Our EPS growth has been uh 10 to 11%. So we are very very excited about the transformat ...

Amazon unveiling today a new 11 billion Indiana data center which was built in less than a year. Mackenzie Sagalo's got an exclusive first look inside the new site in today's tech check. Hey Mac. Hey Leslie.So take a look at what Amazon's AI land grab looks like. CNBC's Katie Terasov and I got exclusive firsttime access inside one of the largest operational AI data centers in the world built specifically for OpenAI rival Anthropic. Now an Amazon quietly started scouting land in rural Indiana in 2022 and it ...

Deal Rationale & Market Trends - Private markets are experiencing significant growth, with the average company staying private for 14 years, a substantial increase from 5 years 20 years ago [2] - This trend presents challenges for average investors, limiting their access to wealth creation opportunities primarily available to institutional investors and VCs [3] - Morgan Stanley's acquisition of Equity Zen aims to address the challenges of illiquidity for employees and limited access for average investors in private markets [4] - Other firms are also expanding their reach into private markets through exchanges or data collection, indicating a growing trend [9] Morgan Stanley & Equity Zen Synergies - Morgan Stanley possesses significant demand with $7 trillion in assets and 20 million clients, along with supply through its cap table management of thousands of private market companies and its partnership with Carta [5] - Equity Zen bridges the gap between Morgan Stanley's demand and supply in the private market [6] - The integration of Equity Zen will improve investor protections by professionalizing the private market part of the ecosystem and fitting it into Morgan Stanley's overall risk management framework [8] Investor Protection & Risk Management - Morgan Stanley takes investor protection seriously, leveraging its AML policies, KYC procedures, risk tolerance framework, and asset allocation framework [7] - Integrating private market shares into a holistic asset allocation will address risk, with private market investments not recommended to be 100% of a portfolio [11] - Morgan Stanley is working with its global investment team to ensure that every client participating in the private market does so in a risk-managed fashion [12] Client Demand & Portfolio Allocation - Morgan Stanley has seen "off the charts" demand from clients for private market access [12] - The firm aims to extend access beyond its highest net worth clients to its entire 20 million clients and Equity Zen's nearly 1 million clients [13] - The overall allocation towards alternative investments (alts) in a portfolio is around 10-15%, and private market investments would fit into this category [15]