Market Trends & Bitcoin Performance - Bitcoin plunged below $89,000, down nearly 30% from its record high [1] - Crypto is in sell-off mode even as tech stocks are rebounding [1] - Thinning liquidity is a major driver as key buyers step back [2] Institutional & Corporate Involvement - Institutions hold around 16% of Bitcoin supply, but that trade is losing momentum [2] - Strategy, the largest corporate holder of Bitcoin, is down around 10% [2] - BlackRock's IBIT, the largest spot Bitcoin ETF, posted its biggest single-day outflow since launch [3] Price Target & ETF Flows - Mizuo and Clear Street are both cutting their price targets on MicroStrategy stock [3] - Many crypto ETF holders are now underwater, undercutting the argument that buyers will always step in [3] Crypto-Related Equities - Bitcoin miners and digital asset exchanges like Coinbase are in the red [4] - Digital asset treasury names are also firmly in sell-off mode [5] Technical Indicators - Bitcoin triggered a death cross technical indicator on Sunday [5] - A 7-day window could decide whether the bottom is in or if there's more pain ahead [5]

Most retailers won't report third quarter results and holiday expectations until right before Thanksgiving. By then, many consumers will have already been starting their holiday shopping. Courtney Reagan joins us right now with some insights as we are now exactly two months from Christmas Eve. And Courtney Re Courtney Joe was saying before, "Oh, that's too early. I've already started my Christmas shopping. " It's because you don't do any of the shopping. That's right. You don't You have >> That's why they c ...

We're just over 30 minutes away from Nvidia's earnings. Our next guest says it will have enormous influence on where the AI trade goes from here. Let's welcome in Sher Paul of Morgan Stanley Private Wealth.Good to have you back. >> Great to be here. >> I mean, it it seems obvious that it's going to have an enormous influence just because it's the it's like the most important part of this whole trade.Um, but what about the volatility of late. What about the questions we've been asking ourselves about this tr ...

Financial Outlook - Block aims to reset the narrative after six straight quarterly revenue misses [2] - Block projects gross profit to grow in the mid-teens annually through 2028 [2] - Block forecasts adjusted earnings per share rising in the low 30% range to $550 [2] Company Performance - Block's Q3 results showed EPS of $0.54 on around $6100 million in revenue, missing top and bottom lines [3] - Block is running more efficiently after a companywide reorg [3] Strategic Shift - Block is trying to shift the conversation toward growth, profitability, and long-term execution [3]

Retail analyst and expert Jan Rogers Niffin joining us now. Jan, you got my attention with one of your pieces the other day. Why do you think we should not fear the holidays.Well, Brian, this party might end early, too, but so far the punch bowl is still out. You know, I follow the CNBC NRF numbers really closely, and we had a pretty darn good October, almost 5%. down a little bit from September, which was almost 6%.But if we could take 5% right now and go home, we retailers would be thrilled. >> All right. ...

Monetary Policy Debate - The market initially anticipated a more dovish stance, but the October meeting minutes revealed a potentially more hawkish sentiment from the Federal Reserve [1] - A significant debate occurred regarding the October rate cut and potential December cuts, indicating internal disagreement within the Federal Reserve [1][5] - Many participants suggested maintaining the funds rate unchanged for the remainder of the year, while only a few supported further rate cuts [1] Inflation and Employment Concerns - Most participants were concerned that rate cuts could exacerbate the risk of entrenched higher inflation [2] - There was general agreement that upside risks to inflation were elevated, and downside risks to employment were also elevated [2] - Some favored lowering the target due to downside risks to employment and little change or diminishing inflation [3] Economic Assessment - Some participants believed that progress toward the 2% inflation target had stalled, or that inflation had actually increased, leading to a lack of confidence in achieving the target [4] - The Federal Reserve debated the restrictiveness of the current policy relative to the neutral rate, with some arguing it remained restrictive even after a 0.25% point cut [4] - Others viewed the economy as resilient, with supportive financial market conditions and no clear indication that the Federal Reserve's policy was restrictive [5]

Today, Bitcoin battles to hold the $90,000 mark. And Owen Laauo of Clear Street [music] discusses what's next for bullish after the crypto platform reported better than expected revenue in the third quarter. Welcome to CNBC's [music] Crypto World.I'm Mackenzie Sagalos. Digital currencies in the red across the board this morning as uncertainty continues to hamper crypto markets. As of noon Eastern, Bitcoin sank nearly 4% under the $90,000 mark.At one point, hitting as low as $89,393. Meanwhile, Ether dropped ...

Hey guys, I'm Ray Paresi with CNBC and we're down in Florida today here to check out an 18,000qt mega home known as Palazzo Inside, 7 bedrooms, 10 baths, and a total of 34 rooms, plus a 170,000galon mega pool, waterfall and grotto in the backyard. Three more things that'll make this tour super interesting. One, this house has more than doubled in price in just 5 years, and we'll explain why.Two, you're about to meet the broker who's poised to do over $100 million in transactions by selling this one house fo ...

You know, you just heard Steve Leeman at the top saying these minutes were to him a little confusing. The Fed seems divided. I mean, all the data is all the same for everybody.So, it's weird to see a lot of the same people with the same data with very different conclusions. >> Yeah, I'll tell you what. Uh, I glanced over most of the major headlines and read through as much as I could before I was on air and I don't see at all the hawkishness that Steve sees.Here's what I saw. I saw likely not appropriate. T ...

Thank you so much, John, and thank you, Kim, for doing this today. Um, obviously AI is front and center in everybody's mind, and you're really at the center of this ecosystem from a venture and IPO standpoint, from an M&A standpoint, from a debt financing standpoint. Based on that 360 view, do you get the sense that AI is in a bubble right now.>> So, great to see you, Leslie. Thanks for having me. Um, so the AI bubble question, that's the multi- trillion dollar question.Um I think that um AI will be absolut ...