Americans. >> No. Well, look, all I know is he said the American consumer has really is going to start not eating beef unless this happens because it's demand destruction.It's that bad out there. Let's get this opening bell and the CNBC realtime exchange and the big board. It is digital infrastructure company Vernon.Executive chair David Cody is in the house going to join us at Post 9 in a moment. Great. at the NASDAQ nuclear tech company Terrestrial Energy doing the honors.>> I hope they're doing better th ...

Let's get Kramer's mad dash for this Friday countdown of the bell. >> As part of that former year of magical investing, companies came public and they seemed interesting, but they tended to be a little more risky than we thought. StubHub, uh, CNBC, good article, stock tanks 20%.As CEO says it's not giving guidance for current quarter. Now, Warren Buffett didn't give guidance either, but I'm um, this is what happens when you report an okay quarter. you come public and uh you don't really have a a great story ...

New home sales data out last hour. The number came in at 652,000 for the month of July. Stronger than expected, but still it's an 8.2% decline yearon year.A trend our next guest says benefits the rental market in particular because high home prices are sending more Americans looking for alternative options. Joining us now with his outlook, Invitation Home CEO Dallas Tanner. Dallas, it's good to talk to you today.All right. So, you have these new homes start that are are it looks it looks great. It looks lik ...

President Trump has announced frameworks for agreements on reciprocal t trade with El Salvador, Argentina, Ecuador, and Guatemala. Joining us right now on the latest on trade negotiations is United States Trade Representative, Ambassador Jameson Greer. And Ambassador, thank you for being here today.Uh the way it's being boiled down, at least in the headlines, and tell us if this is the right way of seeing this, is that there are going to be uh exemptions to these terri tariff barriers that are there for goo ...

Last time our next guest was on CNBC, he was expecting Bitcoin to be $150,000 by the end of the year. Want to find out if he's changed his tune uh since late October given the recent move in the crypto space. You're looking at Bitcoin right now at $94,000 632.Michael Sailor is here, strategy founder and executive chairman. Good morning to you. What do you think.150 by the end of the year. What do you think's happening here. You know, I think um we all want to go to the moon, but if you want to ride the rock ...

Meanwhile, AI uh not only changing the way employees work, it's also transforming the way the human resource leaders consider how AI will change jobs. For company leaders, there are often more questions than answers. CNBC pulled some top HR experts to get their take on all this.And guess who's here at the table, Sharon Eerson, she joins us now with the survey results. Good morning. >> Good morning, Andrew.You know, AI, of course, is changing the way that HR leaders think about their workers. So over the pas ...

All right, some breaking news earlier this hour. It is pretty shocking. Uh Walmart CEO Doug McMillan announcing that he will retire.John Ferner is going to be taking over as CEO on February 1st. Joining us right now is Stacy Whit. She is with SS SSW Retail Advisors.And Stacy, the market sold off on this news. Right now, Walmart shares off by 2 and 3/4%. Uh Doug's been a stalwart.he has really led that company to impressive levels not only in the market cap but also with what he's done in terms of diversifyi ...

Let's get right to Ron Baron. He is the chairman and CEO of Baron Capital, which has $45 billion in assets under management. Ron is joining us ahead of the 32nd annual Baron Investment Conference.And Ron, it is great to see you this morning. >> Great to see you, too. >> So, 32 years.We've been doing this for a long time. Not 32 years on Squawkbox talking to you on the morning of your annual investment, but a long time. >> Amazing.>> Um, and we're going to jump into the investment, but I want to ask you beca ...

All right, let's take a look at shares of Walmart. Right now, they are off by three and a quarter percent because the company is just announcing that Doug McMillan, the chairman and CEO, is going to be retiring. He's stepping down from the company uh where he has been in charge for more than 12 years.During that time, Doug McMillan has more than quadrupled Walmart's market cap. He's also set the company up for continued growth. He's been seen as somebody who is not only a stalwart leader but also a a vision ...

Let's talk a little bit about Tesla because you have been an investor with Baron Funds since 2014. So more than a decade that you've been standing by Elon Musk. It's it's been a very good bet for your firm.You've made how many billion dollars on Elon Musk since then. >> Made about $8 billion in Tesla from $400 million when we started and uh in SpaceX we've made about $4 billion uh and uh since we started that in 2017. So about 12 or 13 billion we made so far.I think we're going to make five times that next ...