CNBC's Kristina Partsinevelos joins 'Money Movers' with the latest news from Nvidia's GTC conference. ...

Welcome back. Amazon says it will be eliminating thousands of corporate jobs as it looks to further invest in AI. Our Mackenzie Sagalos has more on the areas of the business that'll be most affected.Morning, Mac. >> Hey, good morning, Carl. So, this is the latest chapter in Amazon's multi-year efficiency drive, which is largely focused on hollowing out layers of middle management.Now, the company is cutting 14,000 white collar jobs or about 4% of its corporate workforce with layoffs hitting teams across the ...

AI Infrastructure Investment Theme - The company increased investments in Dell and IBM, aligning with the theme of concentric rings around the core of data center buildout and AI infrastructure [1] Dell's Infrastructure Division Performance - Dell's infrastructure division experienced a year-over-year growth of 44% [2] - Dell's infrastructure division is expected to have 100% year-over-year growth [3] - Dell's infrastructure division has a 10% operating cash flow business [3] - Dell is bringing 7% down to the bottom line [3] Investment Rationale - Dell presents an incredible return at capital story plus a growth story surrounding the AI infrastructure buildout [3]

Circle CEO Jeremy Allaire sits down with CNBC’s Sara Eisen at the Future Investment Initiative 2025 conference in Riyadh to discuss the launch of Arc, a new blockchain network he calls “an economic operating system for the internet.” ...

92% say the Fed will cut. 66% say the Fed should cut. 100 basis points total of cuts in 2025 and 2026. So, we're not far from the end here. 320 is the uh average funds rate for our 38 respondents uh for the end of 2026. December 2025, just a couple months from now, the Fed will end QT. Richard Bernstein, CEO of Richard Bernstein Advisers, writes into the survey, "Politics rather than financial conditions are clearly influencing the Fed's rate decisions. Financial conditions are near historically easy. Finan ...

I guess I'm just wondering why why why are you playing here and why are you competing here. Meta obviously is a market leader here with the Ray-B bands and there's rumors that Apple is going to come after that. So So why Snap.>> Well, 11 years ago we invented all sorts of things that really changed the way that people use their phones and we think made technology a lot more human. Whether that was opening to the camera instead of a feed, whether it was ephemeral messaging to make conversations feel much mor ...

Market Bubble Concerns - A composite bubble indicator suggests a relatively high level of bubble activity in the market [1] - Bubbles are unlikely to burst unless monetary policy tightens, but current trends suggest easing rates are more probable [2] - The divergence in the economy, with weakening elements alongside bubble development, complicates monetary policy [4] - The current situation is reminiscent of market conditions before crashes in 1998-99 and 1927-28 [4] - The industry acknowledges significant risks, even if the exact timing of a potential bubble burst is uncertain [7] Unicorn Valuation and Financing - Unicorns may raise, for example, $100 million but be valued at $1 billion, creating a perception of wealth that isn't fully realized in cash transactions [5] - This inflated valuation can become its own form of "money" within the ecosystem [6] AI and Technology Risks - The rapid obsolescence of GPUs and the evolving landscape of data centers present risks in the AI sector [6]

Let's get back to the broader markets and the outlook for the economy after consumer confidence this month did fall to the lowest level since April. Joining us this morning is Medlife Investment Management chief market strategist Drew Mattis. Been watching a lot of this stuff closely.Drew, good to see you again. >> Good to good to be here. So, Conference Board is is kind of instructive and it it does fit a little bit with the narrative being built at Amazon and GM and Paramount uh where headcount is either ...

Let's turn to Washington this morning. The president continues his trip in Asia and being flanked by some pretty high-profile tech executives. Our Aean Jabber is in DC watching that.Morning, Aean. >> Yeah, some big names there, Carl. That's right.President Trump spoke to a group of business leaders in Tokyo this morning. It included Apple's Tim Cook, SoftBank CEO Masiohi Son, Salesforce CEO Mark Beni off, and others. The president lauded the great partnership that he sees between the United States and Japan ...

But what caught my eye in the AMD release is that this is not just for traditional supercomputing for tech. This energy, medicine, health, national security. This to me sounds like a a government initiative to stay ahead of everybody else in the world in all of these verticals, not just traditional data center compute.Can you tell us how uh if I were say Thermoffisher or if I were Eli Willie, I would be able to get into this and say I want some of that compute power. >> You're absolutely right, Jim. This is ...