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Stock weakness more about software sector overhang, says Adobe CEO Shantanu Narayen
CNBC Television· 2025-10-29 14:31
Joining us now Adobe chair and co Shantu Nayan. Shantu it's great to have you on the show. Haven't seen you in a little bit.Terrific. >> Thanks for having me Jim. >> Okay so let's talk about uh the opening of the Adobe system.I could say that the integration where I now if I want to use Adobe say and Google it's simple which would to me bring in a whole new group of of uh of users. Well, I think what was incredible uh Jim about Max was the amount of innovation that Adobe uh showcased. Uh when you think abou ...
Fmr. NEC director: AI will become a revenue creator when 'we move into the quantum space'
CNBC Television· 2025-10-29 14:30
AI发展阶段 - 目前AI主要作为成本节约中心,而非收入生产者 [1] - 量子计算将推动AI从成本节约转向收入创造 [2] AGI与量子计算 - AGI通过学习过往经验来执行任务 [2] - 量子计算能够超越过往经验,提出更优解决方案 [3] 量子计算在建模中的应用 - 当前AI依赖于预先设定的模型进行计算,例如净现值模型 [4] - 量子计算能够自主选择更优的建模方法,例如贴现现金流模型,无需人为指定 [4]
September pending home sales comes in flat monthly
CNBC Television· 2025-10-29 14:29
in that space. First though, let's get some housing data with Diana Ola. Morning, Diana. >> Good morning, Carl.Pending home sales in September were unchanged from August and dropped.9% year-over-year. That according to the National Association of Realtors, the street was looking for a 1% gain after an even larger gain in August. Now, this count is based on signed contracts.So, people out shopping in September and making that decision when the average rate on the 30-year fix was generally on the decline, but ...
Sen. Peter Welch on shutdown: One of the existential fights here is the cost of health care
CNBC Television· 2025-10-29 14:16
Sen. Peter Welch (D-Vt.) joins 'Squawk Box' to discuss the ongoing federal government shutdown, the fight over health care, fate of the ACA premium tax credits, and more. ...
We expect the Fed to cut rates on Wednesday, says Mortgage Bankers Association's Fratantoni
CNBC Television· 2025-10-29 14:07
Mortgage Rate Outlook - Mortgage Bankers Association forecasts mortgage rates to remain above 6% through 2028 [1] - Expects the Federal Reserve to cut rates three to four times in the next six months [3] - Rising term premiums and concerns about debt and deficit will push up 10-year Treasury yields, impacting mortgage rates [4] - Mortgage rates are closely tied to the longer end of the yield curve, specifically 10-year Treasuries [4] Housing Market Analysis - 2023 was the low point for the housing and mortgage market [6] - Home sales are expected to increase by about 5% in 2026 [7] - Existing inventory has increased by approximately 30% compared to last year [11] - Builders are offering buy-downs, potentially permanent, to move new construction inventory, which is at nine months of supply [13][14] Buyer and Seller Dynamics - First-time buyers have acclimated to the 6% to 6.5% rate range [10] - Move-up buyers with lower locked-in rates (e g, 3%) are reluctant to give them up [10] - Increased inventory benefits buyers with more options, but challenges sellers as it takes longer to sell and home prices have flattened [8]
LIVE: Federal Reserve Chair Jerome Powell speaks on interest rate decision — 10/29/2025
CNBC Television· 2025-10-29 14:04
Federal Reserve Chairman Jerome Powell delivers remarks following the Fed's two-day policy meeting on Wednesday. Markets are assigning a nearly 100% probability that the Federal Open Market Committee will approve a second consecutive quarter percentage point, or 25 basis point, reduction in the federal funds rate. The overnight lending benchmark is currently targeted between 4%-4.25%. Beyond that, policymakers are likely to debate, among other things, the future path of reductions, the challenges posed by a ...
Strategy's Michael Saylor predicts bitcoin could reach $150,000 by year end
CNBC Television· 2025-10-29 14:04
Michael Saylor, executive chairman of Strategy, sits down with CNBC Crypto World from Money20/20 in Las Vegas to discuss the digital asset treasury trend. He also provides his outlook for bitcoin. 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 ...
Cramer's Mad Dash: Etsy
CNBC Television· 2025-10-29 13:52
All right, quick mad dash here. Get you to an opening bell for a good old hump day here on this Wednesday. Etsy.>> Yeah. No, I I'm looking for signs of wherever the consumer might be weak. And Josh Silverman is stepping up to executive chair after eight years of being CEO.At the same time, we are seeing weakness in their earnings. Uh it was a not great miss. And I've got to tell you, David, Etsy is either you could say maybe the website's not that good.Uh or you could say, well, maybe people aren't buying a ...
Fmr. NEC director: Companies have gone from hoarding workers to let's see how efficiently we can run
CNBC Television· 2025-10-29 13:52
It's the natural cycle. I mean, I think not for the people that are losing their jobs. >> Exactly.Right. If you're one of those people that's in the cycle, it doesn't feel very natural. It doesn't feel very fair.But if you think of the cycle we've had and and sort of starts with the COVID cycle, the COVID cycle, we had the exact opposite. Every company was hoarding workers. You know, everyone who came in and said, "Look, I can't hire good people. I can't get good get good people. Anyone I get, I'm retaining ...
Boeing CEO: We have $600B of backlog
CNBC Television· 2025-10-29 13:46
Then there's speaking to Dow names Boeing moving lower in the pre-market after the company posted a wider than expected loss though revenue did exceed consensus. Let's get to Phil Leau who is with Kelly Orberg this morning. Morning Phil. >> Good morning Carl.Kelly, thanks for joining us today. Um I think the most interesting question that people have is going to be the question of this charge of $4.9% billion uh when it comes to the trip 7X. And it's a little more than I think some analysts expected, but it ...