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Americans are facing a retirement paradox — here's what you need to know
CNBC Television· 2025-10-27 16:45
is what's interesting is that many people say that they're optimistic about their retirement. They're confident that they'll have enough money to be able to cover retirement um essential costs and things that they're going to need to pay for. The reality is though that they haven't done the planning to make sure that they are going to be able to do that.What the survey show is when you look at the essential expenses in retirement, 89% of people in the United States that they'll be able to cover them. 90% in ...
Qualcomm shares soar after announcing AI chips to compete with AMD and Nvidia
CNBC Television· 2025-10-27 16:20
So, Qualcomm just announced it's taking on Nvidia in AI chips, which is a massive pivot for a company that really built its empire on smartphones. They're launching new data center AI chips. They're calling them accelerators starting in 2026.And that is why you are seeing this stock soar. It was at the highs over 19% higher, down, but still up almost 14% on pace for its largest percentage increase since, like Carl said, 2019. It's the best performer on the S&P 500 and the NASDAQ 100 today.But Qualcomm reall ...
Why Japan’s Nikkei hits an all-time high
CNBC Television· 2025-10-27 16:11
Joining us this morning is New Ber Burman's managing director, portfolio manager of Japanese equities, Kokamura. K, welcome. Good to see you.>> Hi, how's it going. >> Uh, well, not as well as it's going in Japan. I mean, what an amazing uh period we're in with even with the political transition and certainly equity performance.Can you explain to viewers who might not ordinarily play why things have worked so well. >> Yeah, absolutely. So, this year has been a really stellar year for Japanese equities.Um and ...
Huntington Bancshares CEO on the deal to acquire Cadence Bank: It's a transformational step for us
CNBC Television· 2025-10-27 16:03
CBC exclusive Huntington Bank share CEO Steve Steinhower. He oversees more than a thousand locations across 14 states. Uh so good to have you today, Steve.Appreciate it. Um I want to start on cost synergies. Uh because that was a big topic of conversation on the call you had with analysts today.It looks like about 365 million pre-tax that's being targeted from this integration. 30% of cadence is forecasted 20 27 uh non-interest expense. How confident are you you'll be able to get there and what do you need ...
President Trump announces trade deals with Malaysia, Cambodia and Thailand at ASEAN summit
CNBC Television· 2025-10-27 16:03
Aiman, perhaps it's just not ratcheting tensions up is getting the market excited. >> Yeah, absolutely. Maybe the absence of fear is a good thing.President Trump's weekend of dealmaking in Malaysia this weekend teed up agreements with four Asian nations and continued to fill out President Trump's vision for a global trade order in which high tariffs are a more or less permanent state of affairs. Now, the deals are variously described as agreements or frameworks, but they're not legally binding documents. An ...
We are a very safe distance from a recession, says DWS Group’s David Bianco
CNBC Television· 2025-10-27 15:48
David Bianco, DWS Group Americas CIO, joins CNBC’s ‘Money Movers’ to discuss this week’s tech earnings, the Fed’s rate-cut decision, and more. ...
Apple nears $4 trillion valuation
CNBC Television· 2025-10-27 15:36
Welcome not the only tech name on the move today. We're also on Apple 4 trillion watch this morning for that uh milestone market cap. Steve Kovak has more.>> Yeah, we're about uh four bucks shy re we see of the that milestone there when they hit 4 trillion. It's up 1% right now. And look, this really uh came as we've seen so much momentum guys behind the iPhone 17.JPM is just the latest uh firm this morning to really jump on the bandwagon, increasing their price target to 290 bucks and that's just a few abo ...
Dallas Fed Manufacturing Production Index remains unchanged in October
CNBC Television· 2025-10-27 15:31
Leslie, yeah, the uh Federal Federal Dallas Federal Reserve's uh business activity index rising to minus5 from minus 8.7%. So, still challenged, but not as challenged as it was in the prior month. The outlook for business activity remains positive at 7, but it did drop down from 8.4%.These surveys do a decent job of following the outlook for uh the general numbers for the uh national economy. Each survey is a little different. Uh production was unchanged at 5.2%.New orders index remains negative at minus 1. ...
Tesla board chair: Company at an inflection point, shareholders should vote for Musk's $1T package
CNBC Television· 2025-10-27 15:30
What would Tesla be worth without Elon Musk, do you think. >> Yeah. Well, that that's the whole question, which is why we're asking uh um shareholders to vote.Uh we're um we're at this important inflection point. Um you know, there is nothing wrong with being just a car company. There are plenty of car companies out there.We we think we deliver great cars out into the marketplace. But the opportunity for Tesla in the future um given this AI um focus and attention and the unique capabilities that we have as ...
Thousands sign petition to ban AI ‘superintelligence,’ citing threat of human extinction
CNBC Television· 2025-10-27 15:23
Joining us now first on CNBC, one of those researchers, UC Berkeley computer science professor Stuart Russell, also the director of the Center for Human Compatible Artificial Intelligence. Stuart, thanks for joining us. We obviously could spend a great deal of time on this.We don't have that today. So, as briefly as you can just kind of give me a sense as to your concerns, those who are signing the petition, and what those concerns are rooted in. So I think from a common sense point of view, the concern is ...