Final trade time. Mike Co. >> Yeah, Alphabet is valuable and its options are expensive.I like it for a buy, right. >> Timothy, >> in a world where valuations look tough, UPS's valuation is not. And I think there's some momentum there.>> Courtney, I think some of the reaction day Disney was a little over um exaggerated. I think it might be worth taking a look here. >> Stephen, >> sometimes feel like an hour goes quicker than an hour is.It felt like it was a quick show today. Did it not feel quick to you. >> ...

Industry Problem - US prescription drug prices average nearly three times more than in other countries, leading individuals and employers to seek solutions [1] - A cottage industry has emerged, sourcing drugs overseas at a fraction of the cost, but this practice is illegal and potentially puts American lives at risk [2][3] - Employers, especially small businesses, municipalities, and school boards, are seeking cost savings in healthcare [4] Alternative Funding Programs (AFPs) - AFPs carve out coverage for expensive specialty medicines (e g, cancer, multiple sclerosis, cystic fibrosis) and source medications from overseas [5] - AFPs are paid through a flat fee or a percentage of the savings [5] - Patients may not know if the medicine they receive is safe, effective, or real, despite obtaining it through their insurance plan [6][7] Legal and Safety Concerns - The FDA states that importing drugs available and sold in the US is illegal [3] - There are concerns about the safety, effectiveness, and quality of drugs sourced from overseas [3][6] - A case involves Meritane Health (a division of Aetna, owned by CVS) outsourcing coverage, resulting in a patient receiving HIV medication from a Turkish pharmacy with Turkish packaging and instructions [8] Systemic Issues - Patients often have no choice but to participate in these programs, as opting out means paying for specialty medications out of pocket, which is often prohibitive [10][11] - The situation is born out of a broken healthcare system [11] - Extensive investigation involving over 100 public records requests and review of 10,000 documents revealed the challenges patients face [10]

decentralized exchange aimed at improving security and market access to new crypto users. OKX global managing partner and chief marketing officer Haider Rafi joins us now. Haidider, great to have you with us.>> Thanks for having me, Melissa. >> First, I want to talk to you about what is going on in crypto right now and whether or not you think that break below 100K is is important um in terms of the next leg either lower or higher for Bitcoin. >> I don't think so.I think this is a postgovern shutdown uh era ...

Partnership Dissolution - Under Armour and Curry brand are officially splitting ways, ending a 13-year partnership [1] - Under Armour wants to focus on its core UA brand, while Curry brand will be free to find another partner [2] - UA will maintain contracts with athletes currently under Curry Brand, but Curry brand will have the right of first refusal [3] Under Armour's Performance - Under Armour is down 40% this year, struggling from both a revenue and branding standpoint [2] - Under Armour's stock is down by about 76% [4] Steph Curry's Future - Steph Curry maintains sole ownership of Curry Brand [2] - Curry is still one of the top NBA stars and will likely play for several more years, making him a hot commodity [6] - Curry may potentially move into golf and join the senior tour when he turns 50 [5] Branding and Market Positioning - The Curry brand represents being the underdog [6] - Curry turned down Nike back in 2013 to join Under Armour [6]

Stock Performance & Market Reaction - Disney shares experienced a significant drop of almost 8%, marking its worst day since April, despite reporting better-than-expected earnings but missing on revenue [1] - The market reaction is attributed to a lack of clear catalysts for streaming acceleration, which is considered the future of the company [3][4] - The stock's underperformance suggests that the market has already priced in the company's lethargy, despite a largely solid DTC (Direct-to-Consumer) business [9][10] Streaming Business & Future Strategy - There was an expectation of greater acceleration in streaming, but no clear indication of a catalyst, leading to disappointment [3][4] - Disney's CEO Bob Iger discussed Disney Plus as a platform, envisioning it as a "super app" leveraging AI to connect fans to various Disney businesses [5] - Disney needs to demonstrate successful integration of Hulu and bundling of ESPN streaming to leverage its unique position of strength across children, families, adults, and sports [6][7] - Disney Plus subscriber growth has been limited, with only 11 million subscribers a year, a portion of which are wholesale subscribers under a charter deal, unlike Netflix's previous growth of 40 million subscribers a year with 30% margins [12] - Disney did not mention engagement metrics on the earnings call, leaving uncertainty about how the company will be measured going forward [14] Financial Health & Strategic Moves - Disney is buying back $7 billion of shares, indicating an improved balance sheet after a difficult period [9] - The company has demonstrated that growth in streaming is outpacing the decline in traditional media, with the majority of engagement and revenue now coming from streaming [11]

say about the state of the consumer. I'm Melissa Lee, coming to you live from studio B at the Nasdaq. On the desk tonight, Tim Seymour, Courtney Garcia, Steve Grasso and Mike co.We start off with the markets going back into sell off mode, the Nasdaq dropping more than 2% today, posting its lowest close of the month. The S&P and Dow each shedding more than 1.6%. Fears about valuations in the AI trade weighing on tech stocks.All but one member of the Mag-7 down today, with Tesla's six plus percent drop leadin ...

Cursor announcing today has raised $2.3% billion at a $ 29.3% billion valuation, nearly triple its valuation from this past June. The AI coding uh tool is utilized across the industry, including at NVIDIA. Joining me now in a CNBC exclusive is Cursor CEO Michael Truel.Uh Michael, doesn't sound like you're seeing a slowdown and coding productivity tools are are one of the early really strong areas for AI. What are you seeing that led to this latest round. What are you doing to fuel that growth.>> Well, thank ...

Ground beef prices in the US have surged 63% since 2020. The price of steak during that time has increased more than 60%. >> We have a little problem with beef.We're going to get that down very quickly. >> Speaking in the Oval Office yesterday, the president said prices are down throughout the United States, but he singled out beef as becoming more expensive. He said his administration will work to lower prices.One explanation for that rise is the size of the national herd is shrinking. Drought and high fee ...

a negative reaction to earnings. This is a chip equipment maker, by the way. >> Yeah.And investors aren't exactly feeling optimistic today. So we'll see how it shakes out through the call. Thanks Christina.Now let's get back to today's big sell off. Speaking of what should investors do if a fed rate cut is no longer a guarantee in the markets seem to be on a bit less stable ground. Joining me now is Innovator Capital Management chief investment strategist Tim Urbanowicz and Citi U.S. equity strategist Drew ...

Washington. The White House announcing progress on trade talks with several countries. Our Aean Javver has the story.Aean, >> John, that's right. The White House posting these details just within the past few moments on their website. We expect to get uh some more details here uh in just a couple of minutes time from White House officials.But what I can tell you is uh they're posting trade agreements uh with Argentina, Guatemala, and Ecuador. Uh the Argentine agreement is interesting. Obviously, there's bee ...