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Final Trade: SDY, AMZN, IBM
CNBC Television· 2025-07-30 22:22
Dan, >> yeah, I think Figma will be a good sentiment indicator. See how much it pops. >> Karen, >> yes, the big tech doing well.like Amazon, >> IBM's That's. ...
Ethereum Co-Founder Joe Lubin on Ethereum Treasurys as the cryptocurrency turns 10
CNBC Television· 2025-07-30 22:14
celebrate. Ethereum celebrating its ten year anniversary. The crypto has risen more than 700,000% since then.In recent weeks, companies have begun building Ethereum treasury funds sharply. Gaming is one of those names hoping to become the world's largest corporate holder of the coin. Joe Lubin is chairman of Link Gaming.He's also, by the way, the co-founder of Ethereum. Joe, great to have you with us. Thanks.So much has happened in ten years. Recently, though, people are getting jazzed again about Ethereum, ...
Deepwater's Gene Munster: AI is working for Microsoft
CNBC Television· 2025-07-30 22:13
Another check on big tech earnings. Meta near after hours highs closing in on a $2 trillion market cap. Microsoft also around session highs.Both earnings calls underway. Gene Muner has been listening to the conference calls. He is managing partner at Deep Water Asset Management.Fast money friend. Gene, it's always great to have you with us. What has stood out so far from either call.>> Melissa, on the meta call, we saw the stock moving. It was up about 9 and a half% then kind of moved up to 11% on two comme ...
'Fast Money' traders react to Microsoft and Meta earnings
CNBC Television· 2025-07-30 21:46
I'll be back when we get those numbers now. >> Steve. Thanks, Steve.Kovac beats across the board here. Stocks up 7%. Guy what do you make of.>> This justifiably I mean the revenue the Azure revenue growth 39% is staggering and 45% now operating margin is good for them. And it's probably a justified move at least for now. And we'll wait and see what they have to say on the call.But again, I mean, even with this type of growth, even with these kinds of numbers, I mean, it's not a cheap stock. I don't think it ...
Trump slaps universal 50% tariff on copper imports; metal's price plunges
CNBC Television· 2025-07-30 21:30
The president finalized that national security investigation and said copper tariffs will move to 50% beginning on Friday. This is pretty sweeping. It's going to cover all semi-finish products as well as some derivative products as well.And within 90 days, he says in the executive order he could expand it further to include even more derivative products. We saw major moves in copper contracts. Tomorrow's copper contracts, given that markets are closed for today, down 18% at one point.The last time it saw a ...
Powell on Trump's visit to the Federal Reserve
CNBC Television· 2025-07-30 21:15
I will say we had uh we had a nice visit with the with the president. It was an honor to host him. It's not something that happens very often at the uh at the Federal Reserve to have the president come over, let alone to visit a building, but it was it was a good visit.Are there any aspects of the project that they've raised that you see as making you reconsider any aspects of the project. So, you know, we this project was hatched and conceived almost a decade ago now and we went through the very long proce ...
Ford CEO Jim Farley: I'm optimistic Trump administration is committed to companies like Ford
CNBC Television· 2025-07-30 21:14
Thank you very much, John. Jim, let's start first off not only with the fact that you had an $800 million impact from tariffs in the second quarter, but you've trimmed your full year guidance. You're expecting a $2 billion impact full year, but is this the worst of the impact in terms of tariffs that you expect for the full year.Uh yes, I I think we we had a great quarter first of all, and thank you, Phil, for having me on the show. Uh and we increased our guidance for the company based on our underlying bu ...
Robinhood shares pop more than 4% in overtime on earnings beat
CNBC Television· 2025-07-30 21:11
Company Overview - Robinhood's results are being discussed on CNBC's 'Closing Bell Overtime' [1]
Fed Chair Powell 'quite hawkish all around', says Jefferies' David Zervos
CNBC Television· 2025-07-30 21:08
So joining us now is David Zervos, chief market strategist at Jeffre. And David, it's great to have you on. John just mentioned it.The fact that you saw bond yields tick higher uh as Fed share Pal spoke. You saw stocks sink, although they came back a little bit here into the close. The statement seemed to lean a little more doubbish, but Pal seemed to lean a little more hawkish with some of these comments like we're still a ways away from seeing where things settle on trade, saying that um where is it.uh yo ...
Powell on Fed independence: 'It should continue and be respected'
CNBC Television· 2025-07-30 21:00
I I think that having an independent central bank has been an institutional arrangement that has served the public well and as long as it serves the public well, it should continue and be respected. If it didn't serve the public well, then then it wouldn't be something that we should just automatically defend. But what it gives us and other central banks, what it gives you is the ability to make these these very challenging decisions that in ways that are focused on the data and the evolving outlook, the ba ...