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Empower CEO Ed Murphy on private assets in 401(k)s: The time has come to open up the aperture
CNBC Television· 2025-08-14 11:48
President Trump uh signing an executive order last week that would make it easier for 401ks uh to include alternative uh investments like private equity and crypto. Uh in May, retirement services uh provider Empower announced its own program to pave the way for private markets to be included within retirement plans. Joining us now is Ed Murphy, Empower CEO, who can confirm that we were together at one Beacon Street at the Maril Lynch office.We were in the same you you trained a little bit after I did at OLP ...
Whoop CEO Will Ahmed on FDA warning: Our blood pressure insight is intended for wellness use only
CNBC Television· 2025-08-14 11:30
Now to a topic near and dear to many of our viewers. Those are wearable health devices. Uh last month the FDA issued a warning letter to Whoop over the blood pressure feature on its device. Now today, Whoop's CEO Will Ahmed is uh joining us exclusively with a response uh to the FDA.And it's good to see you this morning. How you doing. >> Good to see you, Andrew.I'm I'm in the green, so I'm ready for you. >> Uh well, thank you. You're in the What's your number this morning.71%. >> That's low, dude. >> Uh, it ...
Sanchez: We have to readjust expectations for Fed cuts
CNBC Television· 2025-08-14 11:29
So I I think the question is are there market ramifications for this PPI report. We saw kind of I'm going to say it's it was a mixed CPI by the way. Everybody says uh it was a better than expected but headline was better than expected.Core was a bit hotter. I just think people feared even worse than that. But are there market implications when it comes to this PPI report. Could it change the outlook when it comes to rate cuts.If you look at the CME Fed watch tool, it's 96% chance odds of a 25 uh basis point ...
Goodstein: One way to capture the upside pop is to invest in an ETF
CNBC Television· 2025-08-14 11:25
All right. So, a lot of speculation it's going to be an industrial. This is based on other filings and them kind of changing the waitings of industrials in the portfolio.It's expected to be a top 15 holdings. Does it matter to you. Does it matter to you what company it is, what part of the industrial segment it is, and to the other members of your club.Well, it obviously matters because we follow what Bergkshire Hathaway does very closely. Uh there are lots of options though. You can try to sort of track wh ...
A Fed cutting 50 bps is a Fed that's panicking, says JPMorgan's Jack Caffrey
CNBC Television· 2025-08-14 11:19
happen at 915 eastern time this morning with Mr. . Robbins, the company's CEO. >> Futures ahead of the CPI inflation data this morning are still okay.The S&P and Nasdaq both all time closing highs yesterday. Joining us now Cody Cafferty. He's the other guy. He's the news guy for years and years in the New York area.You are not him. >> I am not Jack Cafferty. >> You are Jack Cafferty. >> Jack.>> Cafferty, equity portfolio to like an abbreviated Cafferty equity portfolio manager, J. P. Morgan Asset management ...
Sonnenfeld: Putin's economy is in real distress despite his propaganda
CNBC Television· 2025-08-14 11:18
>> It's Jeff, it's always great to have you here. This is a pretty serious topic right now, so I don't want to laugh. Let's get into this.The president's meeting with the Russian president, Vladimir Putin, on U.S. Soil. Something that you say gives him legitimacy that he doesn't really deserve in your opinion. But you also say that President Trump, he has quite a significant upper hand for a number of reasons.One of them is the central bankers in Russia. They're forecasting a recession. Another one is that ...
Apple planning AI device push with products including tabletop robot, security cameras: Report
CNBC Television· 2025-08-14 11:16
stock obviously has had in the last six months or so. >> Meantime, Apple reportedly getting ready to beef up its AI offerings with an assortment of household products, including tabletop robots, a smart speaker, and a new visual representation of its assistant, Siri. A Bloomberg report saying that robot is the main focus of the AI product.Push, said to resemble an iPad on a movable arm, which would allow it to effectively shift position to pay attention to someone talking, so would literally be moving from ...
Cavalcanti: Beef prices up, but demand for prime cuts remains strong
CNBC Television· 2025-08-14 11:13
Cavalcanti, JBS CFO. Good morning, and thank you for joining us. >> Good morning Frank.>> All right. Talk to me about the quarter here in the quarter, even though you beat expectations, you talked about a challenging geopolitical environment. What's the challenge and what has changed from a quarter ago.A quarter ago, you guys said there was strong demand for protein. >> The demand for protein still strong. So and we show this quarter I think the challenging factor is more the beef segment in us given the si ...
Mahn: We're in batting practice of a double header for the AI revolution
CNBC Television· 2025-08-14 11:10
All right. Um, I want to get to just your your take on PPI coming up later today. So, we were talking about this with some guests earlier today.Um, CPI came in. It just was better than people feared. It was kind of mixed.Um, headline better than expected. Core a little bit hotter. Now, we have PPI.Could that change the the outlook on rate cuts. If you look at the CME Fed Watch tool, it's 96% chance of a 25 basis point cut and like a 4% chance of a 50 basis point cut. People really think a cut is coming and ...
Brinker International CEO on marketing success: It's relevant to people's lives and it's working
CNBC Television· 2025-08-14 00:14
Okay, so let me ask something. Uh uh Kevin, why is uh Tik Tok every time you look somebody doing triple dipper stuff. How's that happen.What is it. What what is it an algorithm. What occurs.Well, the first algorithm is we have the best marketing team in the entire world. These guys just got honored by Adage for the the literally the brand of the year and not just restaurants, every industry. So, we've got a really well equipped marketing team. You know, we've refortified our marketing budgets.Three years ag ...