It seems to really be the driver today. What does that say to you about the AI trade and the cyclical bull market that everybody says we're in? >> Yeah. Good morning everybody. And it's alive and well, I guess without saying we don't know. I mean, it's justifying this rally. It's justifying this bull market. Been come on you for a couple months saying, "Listen, it's a strong bull market. We have record earnings and new cycle highs in profit margins. Frank, we call those the dual tailwinds to a bull market.I ...

dissenters. That's kind of interesting I guess. But there are Trump appointees, former Saint Louis Fed President James Bullard, he's dean of the Purdue University Business School.James, I guess we'll talk about the dissent. I don't know if it's really that. I guess it's interesting since it's been since 1993.But what do you make of the GDP report in light of the prior quarter being actual. You know, it's obviously being whipsawed by by tariffs and imports. But was there can you just say, hey, that's great, ...

Financial Performance - CVS Health's second quarter earnings exceeded expectations, with shares surging 7% [1][3] - Earnings per share (EPS) came in at A$181, approximately 19% above estimates [1] - Revenues reached 9892 billion, surpassing expectations across all three business segments [1] - The company is raising its 2025 guidance [1] Business Segment Performance - Pharmacy and consumer wellness segments were standouts [2] - CVS stores experienced a 154% increase in same-store sales, driven by gains in old Wraid customers and positive front-end comps [2] - Front-end comps were up 34%, marking the first positive result in 10 quarters [2] Healthcare Benefits (Aetna) - Aetna membership stood at 267 million, lower across Medicare, Medicaid, and exchange plans [2] - Employer enrollment increased [2] - The medical benefit ratio, slightly below 90%, was better than anticipated [2] - Aetna is facing higher costs, particularly in group Medicare Advantage plans, leading to reserve allocation [2] - Approximately half of these plans are slated for repricing in 2026 [2] Future Outlook - CVS feels confident about its pricing for the upcoming year [3] - Turnaround efforts at Aetna over the past 18-24 months have helped the company navigate Medicare reimbursement headwinds [3]

Welcome back to Squawk. Design software developer Figma pricing shares of its IPO at $33 each. That is above the expected range.The offering raising $1.2% billion with most of the proceeds going to existing stockholders. It values Figma at $19.3% billion. Now, the company, if you remember, had been agre had agreed to be acquired by Adobe for $20 billion.This was many years ago now, two or three years ago. Uh but that deal fell apart in 2023 following objections from regulators. The stock expected to debut t ...

President Trump announcing details of a new trade framework with South Korea. Megan Cassella joins us right now with more on that. Megan, good morning. Becky, good morning. Good morning, guys.Another preliminary deal announced and again with a top 10 US trading partner. So, some topline details here. South Korea will offer a $350 billion investment fund which President Trump says will be owned and controlled by the US and that he will be the one directing the investments.He also says that Korea committed to ...

I mean, Sensine obviously a product many people have known for years and a label many people have used, but the the whitening products really catching on a trend. Yeah. So, Sensanide is a fantastic brand and it's actually grown an average of uh double digits for the last 10 years in a very competitive environment.What you're talking about is clinical white. So, whitening is a very big trend among consumers, but it's not necessarily good for people with sensitive teeth. So, we took our time to get the right ...

more at Mike Pence. Com. >> This morning we've got some excellent results from Vertiv Holdings.That's the maker of specialized power and cooling equipment for the data center, which has been a phenomenal winner over the past few years. The company reported numbers that came in well ahead of expectations, and nearly every line sales up 35% year over year. $0.12% earnings beat off an $0.83% basis.Even better, Vertiv issued a strong outlook for the current quarter and raised its full year forecast. Its very st ...

It is time. It's time for the light round by B. The course by st and then the lightning round is over.Are you ready. Ski D come to the light round. Let's go to Frank in New York.Frank >> Dr. . Kramer, I'm hurting. I'm hurting. I own I own Uber. >> I own Uber.They're fantastic. that they're a cash flow juggernaut. You need to wake up the people. You got to give one of your they know nothing speeches and wake these people up.This company should be $120. >> Okay. Stocks up. It stocks up 45%.I got so many. I go ...

Stock Performance & Market Reaction - Starbucks' stock experienced significant volatility after the earnings report, initially tumbling, then rising to $97, plunging to $90, and finally closing flat [1][2] - The stock jumped almost 25% on the day Brian Nickel was hired as CEO [3] - Concerns about tariffs and turnaround difficulty caused the stock to plunge to the high $70s in April before rebounding to the low $90s [4] Financial Results & Analysis - Global same-store sales declined by 2%, while Wall Street expected a 1.3% decline [7] - Reported earnings were $0.50 per share, below Wall Street's expectation of $0.65 per share [7] - One-off items, such as a tax charge and leadership meeting expenses, significantly impacted earnings; without these, earnings would have been $0.61 per share [8] - The company reported a top and bottom-line miss in late April, with weak numbers from the United States business [6] Strategic Initiatives & Challenges - The company aims to solve the throughput problem by processing orders more quickly, targeting a goal of less than four minutes [5] - Starbucks is focused on improving the in-store experience, aiming to recreate the "third place" environment [5]

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