Company Performance & Financials - Whirlpool cut its dividend after missing the quarter [1][3] - Stanley Black & Decker experienced an $800 million tariff impact [1] Market Trends & Industry Dynamics - The tool volume for Stanley Black & Decker is weaker [2] - Outdoor growth for Stanley Black & Decker is lighter [2] - Korean and Chinese companies anticipated tariffs, leading to increased shipments and impacting Whirlpool's sales [3] - Earnings are generally not as good as expected this earning season [4] Risks & Concerns - Stanley Black & Decker's outsized yield raises concerns [2] - There are many names down this morning on earnings [4]

Trade talks continuing today in Stockholm as the president's u deadline, tariff deadline approaches for some on August 1st, China August 12th. Commerce Secretary Howard Lutnik uh joins us right now. It's always good to see you.U Mr. . Secretary, will you will you bear with me for just a second before we uh before we before we talk China, let's talk uh about the EU deal. And I know you think it's just great and big victory for the president.That's you. That's your take. I'm going to let you explain why.And I ...

Interest Rate Expectations and Fed Policy - The market anticipates a September rate cut with approximately a 65% probability [5] - The Fed's potential rate cut is linked to successfully navigating tariff impacts and observing inflation reports [3][6][7] - Current interest rates at 45% (implied 45%) are considered above restrictive in real terms (approximately 2%), suggesting a potential need for a rate cut [3] - The Fed is expected to provide clarity on the conditions (what), timing (when), and reasons (why) for potential rate cuts, particularly concerning tariff impacts [5][6] - Market implied inflation expectations are rangebound and consumer inflation expectations have decreased from previous highs of 6% to 7%, potentially giving the Fed leeway to cut rates if these trends continue [7][8] Market Conditions and Investment Strategy - Short-term market exuberance is noted, with the market up 30% from April lows, leading to high valuations and overbought conditions in public markets [9] - Near-term, the current moment may not be the ideal buying opportunity, but long-term investors should consider earnings growth, margins, and valuations [10] - Private markets are exhibiting meaningfully lower valuations, higher margins, and higher earnings growth compared to public markets [11] Impact of Rate Cuts and Capital Markets - A rate cut would be welcomed, especially for private market participants, as rates have already decreased by about 1% [4] - Constructive capital markets are likely to drive an uptick in M&A activity, which has already rebounded in June [12]

All right, let's talk media, taxes, tariffs, sports investing, and much more. We've got billionaire and value investor Mario Gabelli with us. He is the chairman and CEO of Gamco Investors. And Mario, it's great to see you here this morning. >> Well, it's indeed a privilege and fun to talk about our favorite subject, which is stocks, and the world of which volatility is part of the daily breakfast, lunch, and dinner for us. >> There has not been a lot of volatility lately. It's been kind of an upward march. ...

The latest CNBC Fed survey showing that the Fed chair race is heating up. Senior economics reporter Steve Leeman joins us right now with more. Good morning, Steve. Morning, Becky.The Fed expected to hold rates steady at its meeting this week and route to an expected September cut and respondents to the CNBC Fed survey see a three-way tie in the race to replace Fed Chair Jal. I'll get to that in a second. Here are the Fed specs.100% said the Fed won't cut in July, but 27% think it should. That reflects agree ...

>> Right. A yearly chart yearly. And there's. >> A there's your comparison right.Yeah. All right. The latest small business employment watch out from Paychex showing job growth remains steady.Joining us right now with the latest data is John Gibson. He's the CEO of Paychex. And John we've had a lot of uncertainty people asking questions about how the economy is doing.But from where you sit things look pretty good. >> Yeah. Thank you.Well, first of all, it's great to see you again. You know, I just I, you kn ...

Security Concerns & Preparedness - Corporate security leaders are re-evaluating preparedness and intelligence-led security programs for early threat detection, information sharing, and coordinated response [3][4] - Companies should proactively assess internal and external threats, distinguishing between those who pose a real threat and those who don't [5] - Companies need capabilities, tools, and internal communications to identify individuals showing undue interest in the company, building, or personnel, working with building security and law enforcement [6] Building Security & Response - Building security in major cities is generally good, but the incident highlights low-frequency, high-impact events where immediate response is challenging [8] - The presence of armed security personnel, even off-duty police officers, may not be sufficient against individuals with superior firepower [11] - Hardening buildings with visible security measures can deter potential threats, but the level of security should be a building-by-building decision [7][9] Mental Health & Gun Violence - The shooter had a documented mental health issue and legally obtained the weapon, raising questions about access to firearms for individuals with mental health concerns [12][13][14] - Law enforcement can confiscate weapons from individuals deemed a threat to themselves or others, but the effectiveness of such measures is under scrutiny [15] Impact & Tragedy - The shooting resulted in the death of a New York City police officer and three other people, including the CEO of Blackstone Real Estate Income Trust [1][17] - The incident occurred in a prominent Manhattan office building housing offices for major firms like the NFL, Blackstone, and KPMG, highlighting the vulnerability of corporate spaces [1]

>> All right welcome back everybody. Morning results are out this morning beating expectations on both the top and the bottom line. You can see that stock is up by about 4% right now.In fact if you look over the last year it's up by more than 30%. You got to add this morning's gain to that as well. Joining us right now is Wendell Weeks.He's Corning CEO. And Wendell welcome. It's great to see you this morning.Let's go back and set this a little bit in perspective. Because you first came on with us about a ye ...

quarter just this morning down under 53. >> And new this morning French AI company announcing that it now has a partnership with global tech services company NTT data. Joining us right now in an exclusive interview this morning is Mr.. Co-founder and CEO Arthur Mensch. NTT data CEO Abhijit Dubey. Good morning to both of you.I'll start with you Arthur. What does this mean. And what does this partnership even look like.Where you may be muted. >> Sorry. >> Maybe mic is coming back.Yeah. How you doing, Arthur. ...

Financial Performance - Boeing reported a smaller than expected loss of $124 per share, compared to the street's expectation of a $148 loss per share [1] - Revenue exceeded expectations at $2275 billion [2] - Q2 operating margin improved to negative 08%, compared to negative 65% a year ago [2] - Cash burn significantly reduced to $200 million in Q2, a substantial improvement from $433 billion in the previous year [2] - The company is moving back towards positive free cash flow and profitability [3] Business Segments Performance - Commercial airplanes revenue increased by 81% year-over-year [3] - Defense and space revenue increased by 10% year-over-year [3] - Global services revenue increased by 8% year-over-year [3] Challenges and Outlook - Certification for the 737 Max-7 and -10 models is expected to be pushed into next year [4] - Boeing's stock is moving higher due to slashed losses and better-than-expected results, reaching a 52-week high [2][5]