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Bitcoin falls to lowest level since May amid broad crypto sell-off: CNBC Crypto World
CNBC Television· 2025-11-14 20:45
Today, Bitcoin falling to its lowest level since May as a broad crypto sell-off takes hold and Corey Clipsson of Swan Bitcoin weighs in on what's in store for crypto prices through year end. Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos.Major cryptocurrencies under pressure to end the week. As of noon Eastern, Bitcoin fell to just under $97,000, but at one point it sank as low as 95,000. Ether and XRP, they both fell nearly 3%.Now, concerns surrounding Wall Street's AI trade have mounted this week ...
Trump calls for DOJ investigation into JPMorgan, Bill Clinton and others involved with Epstein
CNBC Television· 2025-11-14 20:38
A new social media post here from the president of the United States. He is calling for a Department of Justice investigation into JP Morgan, former President Bill Clinton, and others uh involved in relationships with Jeffrey Epstein. Here's what the president said on social media just a short time ago.He says, "Now that the Democrats are using the Epstein hoax involving Democrats, not Republicans, to try and deflect from their disastrous shutdown and all their other failures, I will be asking Attorney Gene ...
Wilmington Trust's Meghan Shue: In the short-term, some volatility & pullback is healthy development
CNBC Television· 2025-11-14 20:17
Welcome back. Major indices rebounding off those session lows at the open this morning, trying to save off some back-to-back weekly losses. Should we be treating this as a buying opportunity.Joining us this morning, Wilmington Trust chief investment strategist Megan Shu is with us. Help make some sense of this Friday. Megan, what is your sense about where we are and what needs to happen to bring more stability, get that VIX a little bit lower.Um, yeah, Carl, I think actually in the short term, a little bit ...
Biopharma companies have confidence in their ability to do deals: BMO's Evan Seigerman
CNBC Television· 2025-11-14 20:11
Joining me now to discuss is Evan Seagerman. He's the head of healthcare research at Vimo Capital Markets. Evan, thank you so much for being here.It feels like over the course of the year when we've looked at sector specific recommendations. In the beginning, it was healthcare. Then that trade kind of went quiet for a while and perhaps maybe now it's seeing a resurgence.What do you think is behind it and can it continue. >> So, a few things. First of all, I think the recent deals you've seen with some pharm ...
Walmart has a conducive story to continued sales growth, says Jefferies' Corey Tarlowe
CNBC Television· 2025-11-14 20:05
Selling unprofitable operations in Argentina and Brazil. John Furner, CEO of Walmart U.S. is taking over the reins starting on February 1st. Joining us now to discuss the executive shakeup is Corey Tarlow.He covers discount and specialty retail at Jefferies. Corey, thank you so much for being here. What did you think when you saw this announcement this morning.>> Thank you so much for having me, Courtney. Delighted to be here. So I view Doug's tenure at Walmart as CEO as an investment phase, because we all ...
Avoid adding to tech sector positions until things settle, says Bespoke's Paul Hickey
CNBC Television· 2025-11-14 20:04
So here with more on his strategy and how to position for the year end is Paul Hickeyi co-founder of bestow bespoke investment group. She tried to say Paul it's great to have you here. You know Mike Sani was saying this is what it looks like when things expand when it's not all tech.What do you make of yesterday's action and then the follow through or not today. So I mean I think what the way you got to look at it is uh as was became clear that the government was going to shut down in midepptember you start ...
Crypto-linked stocks slide sharply in broad risk reversal
CNBC Television· 2025-11-14 20:03
Many more of the speculative plays have sold off this week and crypto has been no different. Bitcoin actually dipped below $95,000 earlier today. CNBC's McKenna Sigalis is here to give us a check on the whole space.I mean, Mac, this one often perplexes me. Sometimes I can understand the moves in crypto, Bitcoin specifically, because it seems to have a fundamental reason. Sometimes I don't get it.So, what's going on. is a court. This is partly a rotation in tandem with tech because Bitcoin it remains tightly ...
Stocks drive treasury yield moves
CNBC Television· 2025-11-14 20:02
So Rick Santelli joins us now from Chicago with the bond report and an education for me here too. Hi Rick. >> Hi indeed Courtney.You know we've had a lot of volatility this week in Treasury yields but I like my analogy about the roller coaster. You could have a lot of loop loops but you kind of get off right about where you get on. That's kind of like the Treasury market this week.A lot of volatility. But right now if we were to close a 10-year at 414 it'll be up only four basis points on the week. a two-ye ...
Here's what's happening to electricity bills in states with the most data centers
CNBC Television· 2025-11-14 19:49
Illinois, Virginia, Ohio, Texas, and California have the highest concentration of data centers in the US. Residents in those states have seen their electricity bills go up substantially this year. >> If we look at Department of Energy data, on average, electricity prices have increased about 6% year-over-year from August of 2024 until August of 2025.The independent market monitor for PJM found that data centers are overwhelmingly responsible for the increase in capacity prices. a data center campus running ...
Megacap earnings story presents risk with reliance on startup usage
CNBC Television· 2025-11-14 19:41
Tech stocks rebounding after three straight days of losses. But there are concerns of course about this AI bubble. Dear Drabosa is taking a look at whether the source of concern might actually be in private AI markets.D explain please. Yeah. So Contessa, if you're worried about the AI trade, you just can't ignore what's happening in private markets because startup burn that feeds into big tech's bottom line.Their losses from those startups. It's revenue that keeps the public AI trade alive. Now look at yest ...