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Starbucks CEO Brian Niccol: The company had been 'mismanaged for a couple of years'
CNBC Television· 2025-07-30 17:30
People may not remember the turnaround, legendary turnaround that York traded at Chipotle. Where are you versus Chipotle. I know that's tough comparisons to Odius, but what a turn that was.You see anything coming like that here. You know, look, here's what what I believe is uh I'm happy to say we're definitely ahead of schedule on fixing the operational uh foundation. That's what gave us the confidence to go ahead and put it into all stores this year.And uh you know my experiences have been over and over ag ...
The 'Halftime' Investment Committee weighs in on the Fed and how it impacts the rally's next move
CNBC Television· 2025-07-30 17:22
today Apple Amazon tomorrow. But we have bigger things to discuss before we get to that. Weiss.The pause that refreshes or is some consolidation in the cards again, I mean, when you've got 24 days, almost a month without a 1% move in either direction, that sort of gives you an idea that there's been a resting period in place for this market. What breaks it up. >> Well, look, I think it's necessary to have the perspective of what happened up to that point and up to that point.Early on, you go to April. We ha ...
Final Trades: Dell, Tradeweb Markets and Alphabet
CNBC Television· 2025-07-30 17:21
Hey, Brenn, final trades. What is yours. Dell.Strong momentum. Joe should own it. Strong fundamentals.Earnings don't come out to August 28. I think the stock creeps up to its all-time high. Joe, trade web.Strong momentum. We own an ETF. Excellent earnings report.You don't want to own Dell. When Binn owns the ETF, I'll own Dell. Oh, okay.That's a trade. That's a final trade. Farmer Jim, don't have to make it very hard.Alphabet. Okay. and Steve Wes outlet also.I was there first by the way. Okay, great stuff. ...
Call of the Day: "Buy" Crypto
CNBC Television· 2025-07-30 17:19
All right, welcome back. How about this. BCA Research today talks about crypto equities.It's our call of the day. They said use pullbacks to build long-term positions and they mentioned names like Circle, Coinbase, E Toro, and Bin's Robin Hood. So, Bin, you own Robin Hood.They're going to report today after the bell that stock is up 422% in a year, which means Jim Leventhal would have sold it a long time ago, obviously. What about you. What do you do.Yeah. So, I started buying the stock I guess in just mayb ...
Trade Tracker: Steve Weiss sells UnitedHealth and buys more FTAI Aviation
CNBC Television· 2025-07-30 17:18
All right, Weiss has some moves. Maybe this first one won't surprise anybody. You You sold UNH.Yeah, as I said, I I I sold um I had to stop one. So, I stopped selling it at 287 and it went uh 267 rather and it went straight through. You defended it numerous times. You bought more on numerous occasions.What finally changed your mind. I just think it's going to be dead money. I think the management's doing all the right things.Um I have a very small position left. Not because I wanted to, instead because it w ...
Trade Tracker: Jim Lebenthal sells Visa
CNBC Television· 2025-07-30 17:18
The people who have sold Visa tend to be really stupid. Now, I don't know how they did in their SATs or what schools they got into. It doesn't really matter.But I do think that this is another great quarter from Visa. Well, that was Jim Kramer earlier this morning after the report. Stock is up 1%.Where'd you go to school. We all Jim Leventhal sold you sold Visa. Yeah. Yeah.You didn't just trim Visa, you sold Visa. Yeah. Um why did you do that.Uh let me just start by saying there's no forever stock. Okay. Do ...
Kevin Hassett: Every single thing about this GDP release has shown strength
CNBC Television· 2025-07-30 17:00
You know, I think if there were a beauty contest for GDP releases that Miss July would probably be very close to the top of the list of the early betting because it got everything for everybody. There's really strong growth, really strong income growth. We've got a huge reduction in government spending, 5% drop in government spending, now 70,000 fewer federal employees.Uh, and we've got 127 billion in tariffs. And so the story, the anti-Trump story has been that we're going to have a recession or a depressi ...
Meta's AI bet faces key earnings test
CNBC Television· 2025-07-30 16:52
band. Emily Wilkins live in DC. Want to move on to a company reporting its earnings after the bell today.That's Meta. It CEO Mark Zuckerberg laying out his new vision for personal super intelligence and a social post. Again, that's ahead of Meta reporting his earnings later.Set to be a key read on the digital ad business and amid both AI uh potential and some economic uncertainty. Julia Borston has much more on what to expect in today's tech check. Julia.Well, Frank, Meta shares aren't moving today on Zucke ...
Gary Cohn: Consumers are giving up yield by owning stablecoin
CNBC Television· 2025-07-30 16:49
Speaking about hoarding cash, how about hoarding stable coins. I know you have some thoughts here. We saw the Genius Act packact.We've seen the enthusiasm in names like Circle and and it feels like we are on the brink of some sort of systemic change. What do you what do you make of all of it. >> So, look, I understand the allure of a stable coin. I understand the allure of having a digital currency that you can move very freely with no transaction cost.That to me is is is is an important piece of the equati ...
Senate committee advances Congressional stock trading ban
CNBC Television· 2025-07-30 16:44
Some news in Washington. Emily Wilkins with a news alert from Congress. Emily.Hey Sarah. Well, a Senate panel just approved legislation that would ban members of Congress, the president and the vice president from selling and trading stocks. Now, this has advanced through a Senate committee uh with all Democratic support and all but one Republican, Senator Josh Holly, opposed the bill.So, Holly and the Democrats moved to pass it. However, strong Republican opposition means it might not really stand a chance ...