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Musk merger complicates SpaceX IPO
CNBC Television· 2026-02-03 16:38
Elon Musk SpaceX has now acquired his startup XAI largest merger in history that is gearing up for massive IPO. Dear DBosa digging into that story for today's tech check dear, what are you hearing. >> So as must said in that announcement, the aim is to create the most ambitious vertically integrated engine on and off Earth.Now that is the bullcase, but it's also the kind of story markets rarely pricing immediately. We've seen that in AI. Google had the integration edge for years before investors really rewa ...
Pfizer, Merk report Q4 results: Citi's Geoff Meacham on key takeaways
CNBC Television· 2026-02-03 16:17
Fizer and Merc reported earlier today. Join us right now with his reaction to the results is Jeff Meum. He's the head of healthcare research US pharmaceuticals and biotechnology at city.Good morning to you. Uh we've seen both of these stocks. Fizer down by the way 5%.Merc holding in a lot a lot better. But why don't we just go through the headlines here and what your your reaction was. >> Yeah. Yeah.Thanks Andrew for having me. Yeah, I would say for for Merc the guidance was a big worry going into uh the fo ...
Fireblocks CEO details North Korea-linked job recruitment scam involving crypto
CNBC Television· 2026-02-03 16:15
Michael Shaul, Fireblocks CEO. Thank you very much for joining us. >> Hi, great to be here.>> So, Fireblocks uncovered a recruiting impersonation scam with North Korea linked hackers use fake job interviews to compromise developers and gain access to crypto infrastructure. Now, I read that Fireblock Security Research recently identified the recruiting impersonation campaign targeting tech workers that closely resembled a legitimate Fireblocks hiring process. Can you take us through how this scam even got on ...
Disney chairman on CEO transition: 'We don't have the drama we had last time'
CNBC Television· 2026-02-03 16:15
We structured that around the annual meeting, David. We we said, you know, it felt like an elegant transition. I did this at Morgan Stanley.Made announcements at the annual meeting. I believe in good corporate governance. Uh there's a certain elegance to it.And Bob Bob felt that sooner was better to get this person up and running before we get too much into this calendar year. And as I said, hats off to him for the job he did and for helping make this transition smooth. This is going to be great.these indiv ...
LIVE: President Trump signs the bill to reopen the government — 2/3/2026
CNBC Television· 2026-02-03 15:49
The House of Representatives on Tuesday narrowly passed a bill to end the three-day partial shutdown of much of the U.S. government, virtually guaranteeing the end of the closure. The vote was 217-214 and sends the bill to President Donald Trump, who has said he will sign it immediately. Much of the government has been shuttered since Saturday morning. 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 ...
Palantir shares surge after beating earnings estimates
CNBC Television· 2026-02-03 15:45
Let's take a look at shares of data analytics firm Palunteer. They are up by more than 11% this morning. That company posting better than expected quarterly results.It also gave some upbeat guidance. Sales were up by 70% year-over-year. The CEO, Alex Karp, says that much of the demand that the company is seeing has come from the Department of Defense.He says that the company has become so engaged with the United States that it's held off on selling new products to allies. Last summer, Palanteer signed a con ...
Disney Chairman James Gorman: 'Strategically, there's nothing wrong with this company'
CNBC Television· 2026-02-03 15:22
Well, hats off to you, James. Your stock went from 35 to 89 during the period you ran. I was uh recommending your stock the whole time.Now, Disney uh is unchanged in 10 years. When a stock is unchanged over a 10-year period, isn't it time. Maybe you guys discussed, you got Mary Bar in there.I mean, you had total hitters discussed that maybe something is very wrong with the company itself that it could be unchanged for 10 years. We've seen many companies advance during that period, make shareholders a lot of ...
Expect 3 rate cuts from the Fed this year, says Wilmington Trust's Meghan Shue
CNBC Television· 2026-02-03 15:19
And joining us now uh is Megan Shu, chief investment strategist at Wilmington Trust. There's a futures this morning. He's gotten a little bit u trade off just a little bit, but not too bad.She's also a CBC contributor. I I don't know, Megan, you're in a bad place. Uh I I just reading reading your your notes, you just you got a lot of worries, a lot of uh concerns, don't you.The earnings have been good, you say. But that sets us up for um maybe some weakness if there's any disappointment from what are alread ...
Disney names Josh D'Amaro as CEO, will replace Bob Iger on March 18
CNBC Television· 2026-02-03 15:18
Julia Borston joins us right now with some breaking news. Julia, good morning. >> Breaking news from Disney.Josh Dearo, who had been head of the parks division, is being named the next CEO of the Walt Disney Company. Dana Walden, who is co-chair of the entertainment group, is becoming president and chief creative officer. This was announced today um as of a unanimous vote held on Monday.Um and uh Disney Experiences chairman Josh becoming chief executive officer. Um this will this is effective as of the annu ...
Pfizer beats quarterly estimates despite Covid product decline, reaffirms modest outlook
CNBC Television· 2026-02-03 15:15
Uh fourth quarter results are out from Fizer. Earnings came [music] in at 60 cents a share. 66 cents a share I should say.That beat expectations of 67 cents. Revenue of 17.6% billion also beat expectations for the full year. Fizer is affirming its revenue and earnings guidance.And separately, Fizer just put out with positive just put out some positive results from a phase 2b trial of its injectable GLP weight loss GLP1 weight loss drug. That study found that patients continued robust weight loss when switch ...