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Expect 8-9 more weeks of corrective action in gold and silver prices: Fairlead's Katie Stockton
CNBC Television· 2026-02-02 16:33
joining us now on what the charts, what the technicals uh are indicating in the markets, Katie Stockton and Fair Lead Strategies, a founder and managing partner. I said the same thing to Tom Lee. You you both were looking for some near-term um angst I think in equities and and not a a move higher. And I think it sort of confirmed what what you were uh looking for.Is it um we still in that period. >> I think so. Yeah.I mean, January was pretty firm for the major indices and we had this tugofwar almost, right ...
Partial government shutdown continues as Senate deal hits House resistance
CNBC Television· 2026-02-02 16:15
We might need a groundhog here to tell us exactly when the shutdown's going to end. Tomorrow is Mike Johnson's hope, but the fact of the matter is that the votes might not be there. You know, Johnson, he initially hoped to be able to fasttrack this bill that passed the Senate last week with a strong bipartisan majority tonight, but then House Democratic leaders signaled that many of their members are set to oppose the bill.That means Republicans are going to have to see if they can move it with their razor ...
All the pieces are in place for crypto to be bottoming right now, says Fundstrat's Tom Lee
CNBC Television· 2026-02-02 16:15
Joining us now is Tom Lee, Funstrat, uh, head of research. I'm not going to say that u that that you didn't call this Tom because it was the beginning of the year you were talking about did you use the word uh speed bumps or volatility or I don't know what it was, but you also said that it a lot of it could be based on things coming out of Washington that the market was going to be held hostage of that to some extent. Is is this worse than you expected or pretty much uh what you were thinking.>> Um well and ...
Disney CFO on succession plan to replace CEO Bob Iger
CNBC Television· 2026-02-02 15:45
I think the board has really been very transparent about this process. I also think they've been very diligent. Uh James Gorman and and the entire board I think have spent an enormous amount of time on this.They previously said they would make a decision in the first quarter and they they're going to in in my estimation. The one thing I do want to add though is whomever the the new CEO is, they're getting a business that has a lot of momentum. If you go back to what Bob said a couple of years ago in terms o ...
Waymo reportedly set to close $16 billion funding round
CNBC Television· 2026-02-02 15:15
So Whimo reportedly set to close a $16 billion round as soon as this month, valuing the business near $110 billion. Alphabet is expected to supply most of that capital with new names like Sequoia, DST Global, and Dragon now in the mix in a round that is said to be three times oversubscribed. Now Whimo won't discuss the financing, but its spokesperson pointed to traction.More than 20 million trips completed so far, and that's what these private market investors are paying up for. commercial scale, a fair cha ...
Oracle plans massive AI spend in 2026, announcing $50 billion fundraising plans
CNBC Television· 2026-02-02 14:48
Oracle, yes, revealing plans to raise about $50 billion this year, a combination of debt and equity. Now, Oracle says the capital will be used to fund its massive data center commitments for customers like OpenAI, Meta, AMD, and Nvidia. The financing plan is unique in that it does include equity, an at the market offering of 20 billion that it can exercise at any time in the near future.We've seen a number of tech companies in recent months raising debt to fund the artificial intelligence buildout. But this ...
Sen. Bill Hagerty: Kevin Warsh is 'the right man for the right moment' to lead the Fed
CNBC Television· 2026-02-02 13:47
All right, joining us right now to discuss the president's pick for Fed Chair and other DC related topics is Tennessee Republican Senator Bill Hagerty. Uh Senator, thank you for being with us this morning. First up, what do you think of the president's pick to run the Fed.>> I'm very pleased that the president's chosen Kevin Walsh. Uh he's going to be the right man for the right moment. I think at this time Kevin is indeed the man for the moment because I think he's going to take the Fed from what has sadly ...
5 Things To Know: February 1, 2026
CNBC Television· 2026-02-02 12:10
All right, five things to know ahead of today's opening bell. Gold and silver prices are relatively stable at the moment, but silver was much lower earlier today, and both those metals are coming off a Friday performance that amounted to their worst day since 1980. Oil prices are pulling back.Over the weekend, President Trump told reporters that Iran, in his words, was seriously talking with the United States. A lot of questions about what that means, but WTI this morning is down by about 5 and a quarter% t ...
Mad Money 01/30/26 | Audio Only
CNBC Television· 2026-01-31 01:00
Listen to Jim Cramer’s personal guide through the confusing jungle of Wall Street investing, navigating through opportunities and pitfalls with one goal in mind - to help you make money. 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 » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market new ...
Jim Cramer on what is driving Eli Lilly's stock right now
CNBC Television· 2026-01-31 00:46
Wednesday morning, Eli Liy reports its earnings haven't been the propellant here. What drives the stock are new reports on GOP-1 clinical trials, but Lily could announce some new data and that could get the stock rolling. At the close, we hear from the best stock in the business, at least by my count, the one that we bought back, the charable trust, because I just did I had such sellers from worse here, Alphabet.Yeah, this is a company that many wrote off as the least of the magnificent seven because they f ...